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Institutional Ownership · SEC Form 13F

Who owns PVLA (PVLA)


Which tracked institutional funds hold PVLA, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See PVLA company fundamentals →

Ownership as of the 2026-Q1 13F filings. 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.

182
Institutional holders
13,205,948
Shares held (tracked funds)

How the tape is positioned

The tracked-fund tape on PVLA is one-sided between 2025-Q4 and 2026-Q1: 94 added or opened and 20 trimmed or exited — on balance accumulating.

A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.

Conviction spread

PVLA’s largest tracked holder by dollar value, SUVRETTA CAPITAL MANAGEMENT, LLC, sizes it at 3.9% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 3.9pp conviction gap — its largest holder concentrates the name more heavily than the typical one.

Book-share is each fund’s reported value in PVLA divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.

Institutional & insider positioning

Between 2025-Q4 and 2026-Q1, across 182 tracked filers holding PVLA, 132 increased or opened the position and 55 reduced or closed it; over the same quarter, open-market insider Form 4s were net purchases.

This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.

New buyers & exits

Funds opening or closing a position in PVLA between the 2025-Q4 and 2026-Q1 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.

New buyers 41

  • VANGUARD CAPITAL MANAGEMENT LLC$59M
  • FRONTIER CAPITAL MANAGEMENT CO LLC$47M
  • PRIMECAP MANAGEMENT CO/CA/$24M
  • Alyeska Investment Group, L.P.$22M
  • EMERALD ADVISERS, LLC$20M
  • First Turn Management, LLC$18M

Full exits 12

  • VANGUARD GROUP INC$52M
  • SUMMIT PARTNERS PUBLIC ASSET MANAGEMENT, LLC$41M
  • PERCEPTIVE ADVISORS LLC$28M
  • Artia Global Partners LP$6M
  • SUPERSTRING CAPITAL MANAGEMENT LP$3M
  • Verition Fund Management LLC$1M

Largest adds

  • SUVRETTA CAPITAL MANAGEMENT, LLC$50M
  • PRICE T ROWE ASSOCIATES INC /MD/$50M
  • First Light Asset Management, LLC$48M
  • JENNISON ASSOCIATES LLC$39M
  • Frazier Life Sciences Management, L.P.$34M
  • BVF INC/IL$28M

Largest trims

  • FRED ALGER MANAGEMENT, LLC$13M
  • MORGAN STANLEY$7M
  • SAMSARA BIOCAPITAL, LLC$6M
  • BARCLAYS PLC$2M
  • Mariner, LLC$665K
  • ALLIANCEBERNSTEIN L.P.$648K

Institutional holders

One row per tracked fund, largest reported value first. “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding. Rows marked stale are from an earlier filing than the security’s latest quarter — that fund is absent from the newest snapshot (position exited, or reported under a different name).

FundSharesReported value% of valueQuarter
SUVRETTA CAPITAL MANAGEMENT, LLC added1,153,496$144M8.1%2026-Q1
First Light Asset Management, LLC added980,758$122M6.9%2026-Q1
BVF INC/IL added960,989$120M6.7%2026-Q1
Frazier Life Sciences Management, L.P. added882,400$110M6.2%2026-Q1
BlackRock, Inc. added686,853$86M4.8%2026-Q1
JENNISON ASSOCIATES LLC added640,611$80M4.5%2026-Q1
VANGUARD CAPITAL MANAGEMENT LLC new477,294$59M3.4%2026-Q1
STATE STREET CORP added458,999$57M3.2%2026-Q1
FEDERATED HERMES, INC. added433,015$54M3.0%2026-Q1
PRICE T ROWE ASSOCIATES INC /MD/ added402,564$50M2.8%2026-Q1
FRONTIER CAPITAL MANAGEMENT CO LLC new374,035$47M2.6%2026-Q1
Woodline Partners LP added317,517$40M2.2%2026-Q1
Siren, L.L.C. added257,485$32M1.8%2026-Q1
EVENTIDE ASSET MANAGEMENT, LLC added233,248$29M1.6%2026-Q1
ALLIANCEBERNSTEIN L.P. trimmed262,835$28M1.5%2026-Q1
FMR LLC trimmed215,719$27M1.5%2026-Q1
MPM BIOIMPACT LLC added206,404$26M1.4%2026-Q1
GEODE CAPITAL MANAGEMENT, LLC added205,609$26M1.4%2026-Q1
PRIMECAP MANAGEMENT CO/CA/ new195,030$24M1.4%2026-Q1
GOLDMAN SACHS GROUP INC added194,179$24M1.4%2026-Q1
Artisan Partners Limited Partnership trimmed193,796$24M1.4%2026-Q1
Alyeska Investment Group, L.P. new179,922$22M1.3%2026-Q1
EMERALD ADVISERS, LLC new161,500$20M1.1%2026-Q1
First Turn Management, LLC new148,093$18M1.0%2026-Q1
ORBIMED ADVISORS LLC new134,600$17M0.9%2026-Q1
MORGAN STANLEY trimmed127,987$16M0.9%2026-Q1
EMERALD MUTUAL FUND ADVISERS TRUST new105,820$13M0.7%2026-Q1
UBS Group AG added104,537$13M0.7%2026-Q1
BALYASNY ASSET MANAGEMENT L.P. trimmed96,726$12M0.7%2026-Q1
MILLENNIUM MANAGEMENT LLC added93,646$12M0.7%2026-Q1
VANGUARD PORTFOLIO MANAGEMENT LLC new90,858$11M0.6%2026-Q1
Clio Asset Management LLC trimmed90,757$11M0.6%2026-Q1
Apis Capital Advisors, LLC added89,000$11M0.6%2026-Q1
Point72 Asset Management, L.P. added88,160$11M0.6%2026-Q1
NEXTBio Capital Management LP82,686$10M0.6%2026-Q1
Aberdeen Group plc added81,081$10M0.6%2026-Q1
Avidity Partners Management LP added70,000$9M0.5%2026-Q1
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC added69,901$9M0.5%2026-Q1
AWM Investment Company, Inc.69,416$9M0.5%2026-Q1
VANGUARD FIDUCIARY TRUST CO new64,783$8M0.5%2026-Q1
Ikarian Capital, LLC trimmed64,626$8M0.5%2026-Q1
NORTHERN TRUST CORP added64,371$8M0.5%2026-Q1
SEVEN GRAND MANAGERS, LLC new60,000$7M0.4%2026-Q1
Clearbridge Investments, LLC trimmed59,410$7M0.4%2026-Q1
NEUBERGER BERMAN GROUP LLC added49,103$6M0.3%2026-Q1
Invesco Ltd. trimmed48,527$6M0.3%2026-Q1
Lisanti Capital Growth, LLC trimmed41,445$5M0.3%2026-Q1
Ensign Peak Advisors, Inc new39,223$5M0.3%2026-Q1
SAMSARA BIOCAPITAL, LLC trimmed38,432$5M0.3%2026-Q1
BANK OF AMERICA CORP /DE/ added37,972$5M0.3%2026-Q1
Trexquant Investment LP new36,639$5M0.3%2026-Q1
WCM INVESTMENT MANAGEMENT, LLC new39,964$4M0.2%2026-Q1
WELLINGTON MANAGEMENT GROUP LLP added32,475$4M0.2%2026-Q1
ROYCE & ASSOCIATES LP added31,507$4M0.2%2026-Q1
Blue Owl Capital Holdings LP trimmed31,259$4M0.2%2026-Q1
Informed Momentum Co LLC new29,328$4M0.2%2026-Q1
BNP PARIBAS FINANCIAL MARKETS added27,781$3M0.2%2026-Q1
Nicholas Investment Partners, LP new27,603$3M0.2%2026-Q1
RAYMOND JAMES FINANCIAL INC added25,446$3M0.2%2026-Q1
ADAGE CAPITAL PARTNERS GP, L.L.C. new25,000$3M0.2%2026-Q1
NOMURA HOLDINGS INC new24,008$3M0.2%2026-Q1
CHARLES SCHWAB INVESTMENT MANAGEMENT INC added22,970$3M0.2%2026-Q1
TD Asset Management Inc new22,746$3M0.2%2026-Q1
FRED ALGER MANAGEMENT, LLC trimmed21,236$3M0.1%2026-Q1
NEW YORK STATE COMMON RETIREMENT FUND added21,142$3M0.1%2026-Q1
Nuveen, LLC added20,834$3M0.1%2026-Q1
CITADEL ADVISORS LLC added20,472$3M0.1%2026-Q1
ExodusPoint Capital Management, LP new20,277$3M0.1%2026-Q1
BlueCrest Capital Management Ltd new20,000$2M0.1%2026-Q1
FIFTH THIRD BANCORP new19,947$2M0.1%2026-Q1
Swiss National Bank added19,400$2M0.1%2026-Q1
BOOTHBAY FUND MANAGEMENT, LLC trimmed18,962$2M0.1%2026-Q1
SUSQUEHANNA INTERNATIONAL GROUP, LLP added18,808$2M0.1%2026-Q1
Bank of New York Mellon Corp added18,041$2M0.1%2026-Q1
RENAISSANCE TECHNOLOGIES LLC trimmed17,970$2M0.1%2026-Q1
MANUFACTURERS LIFE INSURANCE COMPANY, THE added17,907$2M0.1%2026-Q1
SEI INVESTMENTS CO added16,663$2M0.1%2026-Q1
Legato Capital Management LLC added16,023$2M0.1%2026-Q1
Rafferty Asset Management, LLC trimmed14,590$2M0.1%2026-Q1
F/m Investments LLC new13,839$2M0.1%2026-Q1
Russell Investments Group, Ltd. added13,527$2M0.1%2026-Q1
Squarepoint Ops LLC new13,067$2M0.1%2026-Q1
Cresset Asset Management, LLC added11,860$1M0.1%2026-Q1
VICTORY CAPITAL MANAGEMENT INC trimmed11,403$1M0.1%2026-Q1
ALPS ADVISORS INC added11,132$1M0.1%2026-Q1
Calamos Advisors LLC new9,804$1M0.1%2026-Q1
RHUMBLINE ADVISERS added9,129$1M0.1%2026-Q1
Quadrature Capital Ltd new8,232$1M0.1%2026-Q1
VANGUARD GROUP INC added495,710$52M2.9%2025-Q4 stale
SUMMIT PARTNERS PUBLIC ASSET MANAGEMENT, LLC added389,420$41M2.3%2025-Q4 stale
PERCEPTIVE ADVISORS LLC trimmed266,287$28M1.6%2025-Q4 stale
Nantahala Capital Management, LLC250,062$16M0.9%2025-Q3 stale
ADAMS STREET PARTNERS LLC trimmed298,986$7M0.4%2025-Q2 stale
Artia Global Partners LP new59,200$6M0.3%2025-Q4 stale
Opaleye Management Inc. new172,357$5M0.3%2025-Q1 stale
SECTORAL ASSET MANAGEMENT INC trimmed49,115$3M0.2%2025-Q3 stale
SUPERSTRING CAPITAL MANAGEMENT LP new25,469$3M0.2%2025-Q4 stale
J. Goldman & Co LP trimmed40,692$3M0.1%2025-Q3 stale
Verition Fund Management LLC new11,932$1M0.1%2025-Q4 stale
Catalio Capital Management, LP trimmed10,452$1M0.1%2025-Q4 stale

Ownership over time

Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.

HoldersTotal shares

Reading this table

Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.

About 13F filings

A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.

Learn how to read institutional ownership