Who owns Palvella Therapeutics (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-Q2 13F filings (latest filed 2026-09-22). 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
The tracked-fund tape on PVLA is one-sided between 2026-Q1 and 2026-Q2: 89 added or opened and 28 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, MONTANOVA CAPITAL, LLC, sizes it at 3.6% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 3.6pp 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 2026-Q1 and 2026-Q2, across 191 tracked filers holding PVLA, 121 increased or opened the position and 67 reduced or closed it; over the same quarter, open-market insider Form 4s were net sales.
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 2026-Q1 and 2026-Q2 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 11
- Bellevue Group AG$24M
- HSBC HOLDINGS PLC$8M
- SILVERCREST ASSET MANAGEMENT GROUP LLC$6M
- MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC$5M
- ACT CAPITAL MANAGEMENT, LLC$3M
- Capricorn Fund Managers Ltd$2M
Full exits 13
- Artisan Partners Limited Partnership$24M
- Point72 Asset Management, L.P.$11M
- Ikarian Capital, LLC$8M
- SAMSARA BIOCAPITAL, LLC$5M
- BlueCrest Capital Management Ltd$2M
- BOOTHBAY FUND MANAGEMENT, LLC$2M
Largest adds
- JENNISON ASSOCIATES LLC$67M
- BlackRock, Inc.$55M
- PRICE T ROWE ASSOCIATES INC /MD/$47M
- STATE STREET CORP$43M
- MONTANOVA CAPITAL, LLC$30M
- ORBIMED ADVISORS LLC$28M
Largest trims
- Alyeska Investment Group, L.P.$22M
- BVF INC/IL$17M
- BALYASNY ASSET MANAGEMENT L.P.$5M
- Apis Capital Advisors, LLC$5M
- First Light Asset Management, LLC$4M
- MILLENNIUM MANAGEMENT LLC$4M
Institutional holders
One row per tracked fund, most shares held first (every row is from one quarter; reported value breaks ties). “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding.
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| MONTANOVA CAPITAL, LLC trimmed | 1,135,406 | $174M | 8.2% | 2026-Q2 |
| JENNISON ASSOCIATES LLC added | 960,619 | $147M | 6.9% | 2026-Q2 |
| BlackRock, Inc. added | 918,357 | $140M | 6.6% | 2026-Q2 |
| Frazier Life Sciences Management, L.P. | 882,400 | $135M | 6.4% | 2026-Q2 |
| First Light Asset Management, LLC trimmed | 771,901 | $118M | 5.6% | 2026-Q2 |
| BVF INC/IL trimmed | 672,789 | $103M | 4.8% | 2026-Q2 |
| STATE STREET CORP added | 653,172 | $100M | 4.7% | 2026-Q2 |
| PRICE T ROWE ASSOCIATES INC /MD/ added | 638,868 | $98M | 4.6% | 2026-Q2 |
| VANGUARD CAPITAL MANAGEMENT LLC added | 513,794 | $79M | 3.7% | 2026-Q2 |
| FRONTIER CAPITAL MANAGEMENT CO LLC added | 478,833 | $73M | 3.5% | 2026-Q2 |
| FEDERATED HERMES, INC. | 433,015 | $66M | 3.1% | 2026-Q2 |
| Woodline Partners LP | 317,517 | $49M | 2.3% | 2026-Q2 |
| ORBIMED ADVISORS LLC added | 292,360 | $45M | 2.1% | 2026-Q2 |
| GEODE CAPITAL MANAGEMENT, LLC added | 276,164 | $42M | 2.0% | 2026-Q2 |
| Siren, L.L.C. | 257,485 | $39M | 1.9% | 2026-Q2 |
| PRIMECAP MANAGEMENT CO/CA/ added | 256,182 | $39M | 1.8% | 2026-Q2 |
| ALLIANCEBERNSTEIN L.P. trimmed | 253,168 | $32M | 1.5% | 2026-Q2 |
| EVENTIDE ASSET MANAGEMENT, LLC trimmed | 231,484 | $35M | 1.7% | 2026-Q2 |
| EMERALD ADVISERS, LLC added | 229,486 | $35M | 1.7% | 2026-Q2 |
| FMR LLC trimmed | 214,841 | $33M | 1.5% | 2026-Q2 |
| MPM BIOIMPACT LLC trimmed | 204,027 | $31M | 1.5% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC added | 201,514 | $31M | 1.5% | 2026-Q2 |
| MORGAN STANLEY added | 181,428 | $28M | 1.3% | 2026-Q2 |
| First Turn Management, LLC added | 156,450 | $24M | 1.1% | 2026-Q2 |
| Bellevue Group AG new | 155,000 | $24M | 1.1% | 2026-Q2 |
| EMERALD MUTUAL FUND ADVISERS TRUST added | 129,847 | $20M | 0.9% | 2026-Q2 |
| VANGUARD PORTFOLIO MANAGEMENT LLC added | 128,962 | $20M | 0.9% | 2026-Q2 |
| Aberdeen Group plc added | 120,238 | $18M | 0.9% | 2026-Q2 |
| NORTHERN TRUST CORP added | 97,193 | $15M | 0.7% | 2026-Q2 |
| NEXTBio Capital Management LP added | 89,909 | $14M | 0.6% | 2026-Q2 |
| Clio Asset Management LLC trimmed | 86,343 | $13M | 0.6% | 2026-Q2 |
| NEUBERGER BERMAN GROUP LLC added | 83,107 | $13M | 0.6% | 2026-Q2 |
| VANGUARD FIDUCIARY TRUST CO added | 73,995 | $11M | 0.5% | 2026-Q2 |
| UBS Group AG trimmed | 72,526 | $11M | 0.5% | 2026-Q2 |
| Avidity Partners Management LP | 70,000 | $11M | 0.5% | 2026-Q2 |
| AWM Investment Company, Inc. | 69,416 | $11M | 0.5% | 2026-Q2 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC trimmed | 67,469 | $10M | 0.5% | 2026-Q2 |
| SEVEN GRAND MANAGERS, LLC | 60,000 | $9M | 0.4% | 2026-Q2 |
| Clearbridge Investments, LLC trimmed | 59,341 | $9M | 0.4% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ added | 54,554 | $8M | 0.4% | 2026-Q2 |
| RENAISSANCE TECHNOLOGIES LLC added | 53,270 | $8M | 0.4% | 2026-Q2 |
| MILLENNIUM MANAGEMENT LLC trimmed | 52,212 | $8M | 0.4% | 2026-Q2 |
| Ensign Peak Advisors, Inc added | 51,660 | $8M | 0.4% | 2026-Q2 |
| HSBC HOLDINGS PLC new | 50,001 | $8M | 0.4% | 2026-Q2 |
| Nicholas Investment Partners, LP added | 49,718 | $8M | 0.4% | 2026-Q2 |
| BALYASNY ASSET MANAGEMENT L.P. trimmed | 44,536 | $7M | 0.3% | 2026-Q2 |
| Lisanti Capital Growth, LLC added | 42,975 | $7M | 0.3% | 2026-Q2 |
| ROYCE & ASSOCIATES LP added | 40,509 | $6M | 0.3% | 2026-Q2 |
| WCM INVESTMENT MANAGEMENT, LLC added | 40,140 | $6M | 0.3% | 2026-Q2 |
| SILVERCREST ASSET MANAGEMENT GROUP LLC new | 39,865 | $6M | 0.3% | 2026-Q2 |
| Jump Financial, LLC added | 39,413 | $6M | 0.3% | 2026-Q2 |
| Apis Capital Advisors, LLC trimmed | 39,000 | $6M | 0.3% | 2026-Q2 |
| Blue Owl Capital Holdings LP added | 36,259 | $6M | 0.3% | 2026-Q2 |
| WELLINGTON MANAGEMENT GROUP LLP added | 35,594 | $5M | 0.3% | 2026-Q2 |
| FIFTH THIRD BANCORP added | 35,585 | $5M | 0.3% | 2026-Q2 |
| Invesco Ltd. trimmed | 33,652 | $5M | 0.2% | 2026-Q2 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC added | 32,583 | $5M | 0.2% | 2026-Q2 |
| FRED ALGER MANAGEMENT, LLC added | 31,424 | $5M | 0.2% | 2026-Q2 |
| MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC new | 31,318 | $5M | 0.2% | 2026-Q2 |
| Bank of New York Mellon Corp added | 30,587 | $5M | 0.2% | 2026-Q2 |
| Nuveen, LLC added | 25,231 | $4M | 0.2% | 2026-Q2 |
| ADAGE CAPITAL PARTNERS GP, L.L.C. | 25,000 | $4M | 0.2% | 2026-Q2 |
| NOMURA HOLDINGS INC trimmed | 23,963 | $4M | 0.2% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC trimmed | 23,663 | $4M | 0.2% | 2026-Q2 |
| Legato Capital Management LLC added | 23,490 | $4M | 0.2% | 2026-Q2 |
| TD Asset Management Inc | 22,746 | $3M | 0.2% | 2026-Q2 |
| ACT CAPITAL MANAGEMENT, LLC new | 22,500 | $3M | 0.2% | 2026-Q2 |
| Russell Investments Group, Ltd. added | 22,345 | $3M | 0.2% | 2026-Q2 |
| Swiss National Bank | 19,400 | $3M | 0.1% | 2026-Q2 |
| Informed Momentum Co LLC trimmed | 18,849 | $3M | 0.1% | 2026-Q2 |
| F/m Investments LLC added | 17,446 | $3M | 0.1% | 2026-Q2 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed | 17,397 | $3M | 0.1% | 2026-Q2 |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE trimmed | 15,545 | $2M | 0.1% | 2026-Q2 |
| CITIGROUP INC added | 15,493 | $2M | 0.1% | 2026-Q2 |
| ALPS ADVISORS INC added | 14,356 | $2M | 0.1% | 2026-Q2 |
| Capricorn Fund Managers Ltd new | 14,088 | $2M | 0.1% | 2026-Q2 |
| RHUMBLINE ADVISERS added | 13,528 | $2M | 0.1% | 2026-Q2 |
| Trexquant Investment LP trimmed | 13,495 | $2M | 0.1% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN added | 13,008 | $2M | 0.1% | 2026-Q2 |
| SEI INVESTMENTS CO trimmed | 12,807 | $2M | 0.1% | 2026-Q2 |
| TWO SIGMA INVESTMENTS, LP added | 12,294 | $2M | 0.1% | 2026-Q2 |
| OAK RIDGE INVESTMENTS LLC new | 12,038 | $2M | 0.1% | 2026-Q2 |
| DEUTSCHE BANK AG\ added | 11,838 | $2M | 0.1% | 2026-Q2 |
| Cresset Asset Management, LLC trimmed | 11,629 | $2M | 0.1% | 2026-Q2 |
| VICTORY CAPITAL MANAGEMENT INC added | 11,531 | $2M | 0.1% | 2026-Q2 |
| Rafferty Asset Management, LLC trimmed | 11,361 | $2M | 0.1% | 2026-Q2 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM added | 11,162 | $2M | 0.1% | 2026-Q2 |
| Calamos Advisors LLC added | 10,479 | $2M | 0.1% | 2026-Q2 |
| NEW YORK STATE COMMON RETIREMENT FUND trimmed | 10,430 | $2M | 0.1% | 2026-Q2 |
| Mariner, LLC added | 10,361 | $2M | 0.1% | 2026-Q2 |
| Knights of Columbus Asset Advisors LLC added | 10,031 | $2M | 0.1% | 2026-Q2 |
| XTX Topco Ltd added | 8,861 | $1M | 0.1% | 2026-Q2 |
| JPMORGAN CHASE & CO added | 8,420 | $1M | 0.1% | 2026-Q2 |
| MARTINGALE ASSET MANAGEMENT L P new | 8,406 | $1M | 0.1% | 2026-Q2 |
| Legal & General Group Plc added | 7,994 | $1M | 0.1% | 2026-Q2 |
| TUDOR INVESTMENT CORP ET AL new | 7,906 | $1M | 0.1% | 2026-Q2 |
| MetLife Investment Management, LLC added | 6,405 | $979K | 0.0% | 2026-Q2 |
| VANGUARD ASSET MANAGEMENT, Ltd | 6,399 | $978K | 0.0% | 2026-Q2 |
| STATE OF WISCONSIN INVESTMENT BOARD added | 6,392 | $977K | 0.0% | 2026-Q2 |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. added | 6,372 | $976K | 0.0% | 2026-Q2 |
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.
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.