Vault-13

LAVA THERAPEUTICS NV LVTX

SHS · Common Stock · CUSIP N51517105

20 institutional holders -1 vs Q1 2025
8,051,8318.1m shares reported held*
$10.6mreported value*
3 new 4 added 4 reduced 4 sold out net bought ≈ $9.2k (+6.9k shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $1.32. Options: 3 managers hold calls ($27.6k notional), 1 hold puts ($0).

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

0102030Q3 22: 14Q4 22: 21Q1 23: 20Q2 23: 16Q3 23: 15Q4 23: 15Q1 24: 21Q2 24: 20Q3 24: 22Q4 24: 23Q1 25: 21Q2 25: 2020Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 202214
Q4 202221
Q1 202320
Q2 202316
Q3 202315
Q4 202315
Q1 202421
Q2 202420
Q3 202422
Q4 202423
Q1 202521
Q2 202520

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
20020Q3 23: 1 bought or addedQ3 23: 3 cut or sold outQ4 23: 3 bought or addedQ4 23: 7 cut or sold outQ4 23Q1 24: 12 bought or addedQ1 24: 7 cut or sold outQ2 24: 7 bought or addedQ2 24: 8 cut or sold outQ2 24Q3 24: 7 bought or addedQ3 24: 9 cut or sold outQ4 24: 9 bought or addedQ4 24: 10 cut or sold outQ4 24Q1 25: 8 bought or addedQ1 25: 11 cut or sold outQ2 25: 7 bought or addedQ2 25: 8 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 202313
Q4 202337
Q1 2024127
Q2 202478
Q3 202479
Q4 2024910
Q1 2025811
Q2 202578

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$20k$40k$60k$80kQ3 24 calls: $72.4kQ3 24 puts: $498Q3 24P/C 0.01Q4 24 calls: $95Q4 24 puts: $0Q4 24P/C 0.00Q1 25 calls: $67.6kQ1 25 puts: $0Q1 25P/C 0.00Q2 25 calls: $27.6kQ2 25 puts: $0Q2 25P/C 0.00
Numbers
QuarterCallsPutsP/C
Q3 2024$72.4k$4980.01
Q4 2024$95$00.00
Q1 2025$67.6k$00.00
Q2 2025$27.6k$00.00

Biggest buyers

CITADEL ADVISORS LLC Added +46,781+46.8k
Rangeley Capital, LLC New +27,073+27.1k
TWO SIGMA SECURITIES, LLC New +14,236+14.2k
BML Capital Management, LLC Added +10,000+10.0k
Lepercq De Neuflize Asset Management LLC Added +8,000+8.0k
BNP PARIBAS FINANCIAL MARKETS Added +1,600+1.6k
JONES FINANCIAL COMPANIES LLLP New +400+400

Biggest sellers

SPHERA FUNDS MANAGEMENT LTD. Sold out -48,420-48.4k
XTX Topco Ltd Sold out -24,307-24.3k
TWO SIGMA INVESTMENTS, LP Reduced -23,303-23.3k
GEODE CAPITAL MANAGEMENT, LLC Reduced -1,994-2.0k
JPMORGAN CHASE & CO Sold out -1,300-1.3k
OSAIC HOLDINGS, INC. Sold out -1,110-1.1k
UBS Group AG Reduced -515-515
MORGAN STANLEY Reduced -200-200

Biggest calls

CITADEL ADVISORS LLC Reduced $23.5k17.8k shares
GROUP ONE TRADING LLC Unchanged $4.1k3.1k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

HolderStakeChangeShares Last filed
Shay Capital LLC 13G · passive investor new · filed 2025-09-26 9.9% new 2.6m 2025-09-26
BML Investment Partners, L.P. 13G · passive investor new · filed 2025-03-03 7.4% new 2.0m 2025-03-03

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Redmile Group, LLC 0.29% of their portfolio LARKSPUR, CA 2,074,3722.1m $2.7m $2.7m 0.29% Unchanged
2 BML Capital Management, LLC 1.99% of their portfolio ZIONSVILLE, IN 1,970,6102.0m $2.6m $2.6m 1.99% Added +10.0k +10,000
3 Sanofi 1.44% of their portfolio Paris, I0 1,919,4551.9m $2.5m $2.5m 1.44% Unchanged
4 Merck & Co., Inc. 0.74% of their portfolio RAHWAY, NJ 1,149,3451.1m $1.5m $1.5m 0.74% Unchanged
5 Bruce & Co., Inc. 0.22% of their portfolio CHICAGO, IL 521,874521.9k $688.9k $688.9k 0.22% Unchanged
6 Pathway Financial Advisors LLC 0.02% of their portfolio SOUTH BURLINGTON, VT 102,500102.5k $135.3k $135.3k 0.02% Unchanged
7 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 65,00065.0k $85.8k $85.8k 0.00% Unchanged
8 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 51,80451.8k $68.4k $68.4k 0.00% Added +46.8k +46,781
9 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 46,90046.9k $61.9k $61.9k 0.00% Added +1.6k +1,600
10 TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio NEW YORK, NY 34,41234.4k $45.4k $45.4k 0.00% Reduced -23.3k -23,303
11 Lepercq De Neuflize Asset Management LLC 0.04% of their portfolio NEW YORK, NY 31,00031.0k $40.9k $40.9k 0.04% Added +8.0k +8,000
12 Rangeley Capital, LLC 0.04% of their portfolio NEW CANAAN, CT 27,07327.1k $35.7k $35.7k 0.04% New
13 UBS Group AG 0.00% of their portfolio ZURICH, V8 16,38016.4k $21.6k $21.6k 0.00% Reduced -515 -515
14 TWO SIGMA SECURITIES, LLC 0.00% of their portfolio NEW YORK, NY 14,23614.2k $18.8k $18.8k 0.00% New
15 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 14,17014.2k $18.7k $18.7k 0.00% Reduced -2.0k -1,994
16 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 11,60011.6k $15.3k $15.3k 0.00% Reduced -200 -200
17 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 400400 $528 $528 0.00% New
18 TSFG, LLC 0.00% of their portfolio LAKE FOREST, IL 400400 $1.0k $1.0k 0.00% Unchanged
19 SBI Securities Co., Ltd. 0.00% of their portfolio TOKYO, M0 300300 $396 $396 0.00% Unchanged
20 CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio BIRMINGHAM, AL 00 $0 $0 — Unchanged