MERUS N V MRUS
COM · Common Stock · CUSIP N5749R100
* 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 ($90.9k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $64.09. Options: 1 managers hold calls ($1.4m notional), 1 hold puts ($1.1m).
Trends to Q4 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 101 |
| Q4 2022 | 92 |
| Q1 2023 | 105 |
| Q2 2023 | 115 |
| Q3 2023 | 114 |
| Q4 2023 | 133 |
| Q1 2024 | 158 |
| Q2 2024 | 181 |
| Q3 2024 | 191 |
| Q4 2024 | 194 |
| Q1 2025 | 187 |
| Q2 2025 | 203 |
| Q3 2025 | 269 |
| Q4 2025 | 10 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q1 2024 | 85 | 62 |
| Q2 2024 | 119 | 68 |
| Q3 2024 | 105 | 68 |
| Q4 2024 | 96 | 86 |
| Q1 2025 | 96 | 91 |
| Q2 2025 | 119 | 94 |
| Q3 2025 | 165 | 112 |
| Q4 2025 | 6 | 251 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2025 | $17.1m | $4.1m | 0.24 |
| Q2 2025 | $41.5m | $31.7m | 0.76 |
| Q3 2025 | $169.0m | $82.2m | 0.49 |
| Q4 2025 | $1.4m | $1.1m | 0.78 |
Biggest buyers
| XTX Topco Ltd | Added | +14.9k |
| Brooklyn Investment Group | New | +2.5k |
| SIMPLEX TRADING, LLC | New | +837 |
| Farther Finance Advisors, LLC | Added | +485 |
| EverSource Wealth Advisors, LLC | Added | +21 |
| SUMMIT SECURITIES GROUP LLC | New | +1 |
Biggest sellers
| Paradigm Biocapital Advisors LP | Sold out | -4.4m |
| Avoro Capital Advisors LLC | Sold out | -3.5m |
| Commodore Capital LP | Sold out | -3.5m |
| DEERFIELD MANAGEMENT COMPANY, L.P. | Sold out | -3.0m |
| HBK INVESTMENTS L P | Sold out | -2.9m |
| FMR LLC | Sold out | -2.8m |
| BlackRock, Inc. | Sold out | -2.2m |
| WESTFIELD CAPITAL MANAGEMENT CO LP | Sold out | -2.1m |
| RTW INVESTMENTS, LP | Sold out | -2.0m |
| Woodline Partners LP | Sold out | -1.7m |
Biggest calls
| SIMPLEX TRADING, LLC | Reduced | $1.4m15.2k shares |
Biggest puts
| SIMPLEX TRADING, LLC | Reduced | $1.1m11.8k 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.
No one currently above 5% in the filings since 19 Dec 2024.
Fell to 5% or below in the last year: Paradigm Biocapital Advisors LP (0.0%, 2026-02-17), GENMAB A/S (0.0%, 2025-12-30), RTW INVESTMENTS, LP (2.7%, 2025-11-14)
Holders, Q4 2025
| Manager | Shares | Change |
|---|---|---|
| DekaBank Deutsche Girozentrale 0.00% of their portfolio | 56.0k $2.7m | Unchanged |
| XTX Topco Ltd 0.06% of their portfolio | 26.8k $2.4m | Added +14.9k |
| Brooklyn Investment Group 0.01% of their portfolio | 2.5k $220.7k | New |
| NTV Asset Management LLC 0.02% of their portfolio | 2.2k $202.5k | Unchanged |
| Farther Finance Advisors, LLC 0.00% of their portfolio | 1.0k $90.9k | Added +485 |
| SIMPLEX TRADING, LLC 0.00% of their portfolio | 837 $75.3k | New |
| EverSource Wealth Advisors, LLC 0.00% of their portfolio | 53 $4.8k | Added +21 |
| Parallel Advisors, LLC 0.00% of their portfolio | 9 $810 | Unchanged |
| IFP Advisors, Inc 0.00% of their portfolio | 3 $270 | Unchanged |
| SUMMIT SECURITIES GROUP LLC 0.00% of their portfolio | 1 $0 | New |