DaveManuel.com · Institutional Ownership · Who Owns It
AVALO THERAPEUTICS INC (AVTX)
Institutional ownership reported to the SEC as of Q2 2026, across 21 quarters.
129
Reporting holders
$1.4B
Reported value
135.4%
Of shares outstanding
0.7%
Calls
0.6%
Puts
+26
Holder change
Institutions report 72,612,565 shares against 53,629,989 outstanding. Shares only - option lines are excluded, which is why this can be compared with the company at all. The count comes from the cover page of the company's own most recent report, so it is dated when that was filed rather than at quarter end. Over 100% because an adviser and a sub-adviser can both report the same shares, and both are counted.
Calls and puts are the parts of reported value carried in derivative lines rather than shares, and they point in opposite directions: a manager holding calls is positioned for the security, one holding puts against it - or hedging shares they already own, which is why index funds carry so many. Most sites add the two together and report one figure, which averages away the only interesting part.
Holders
| Filer | Value | Shares | Their book | Held | Change |
|---|---|---|---|---|---|
| FMR LLC | $94.3M | 5,100,216 | 0.00% | 3q | +77.1%+$41.0M |
| BlackRock, Inc. | $80.7M | 4,365,553 | 0.00% | 8q | +1234.7%+$74.6M |
| Nantahala Capital Management, LLC | $68.8M | 3,724,500 | 1.14% | 6q | +201.6%+$46.0M |
| Deep Track Capital, LP | $66.7M | 3,610,000 | 0.97% | new | NEW |
| Caligan Partners LP | $58.5M | 3,163,866 | 2.75% | 4q | +93.5%+$28.3M |
| TCG Crossover Management, LLC | $55.8M | 3,017,120 | 1.34% | 8q | +308.6%+$42.1M |
| Affinity Asset Advisors, LLC | $53.6M | 2,900,000 | 2.42% | 10q | +116.3%+$28.8M |
| STATE STREET CORP | $53.4M | 2,889,287 | 0.00% | 4q | +3932.3%+$52.1M |
| FARALLON CAPITAL MANAGEMENT, L.L.C. | $46.2M | 2,498,000 | 0.21% | 2q | +172.7%+$29.2M |
| Point72 Asset Management, L.P. | $44.1M | 2,387,026 | 0.05% | 4q | +160.6%+$27.2M |
| Avoro Capital Advisors LLC | $43.1M | 2,333,333 | 0.39% | 2q | +65.5%+$17.1M |
| VANGUARD CAPITAL MANAGEMENT LLC | $41.8M | 2,264,246 | 0.00% | 2q | +214.6%+$28.5M |
| BVF INC/IL | $38.4M | 2,075,545 | 0.98% | 8q | +27.1%+$8.2M |
| BANK OF AMERICA CORP /DE/ | $35.4M | 1,913,829 | 0.00% | 9q | +197.6%+$23.5M |
| ADAGE CAPITAL PARTNERS GP, L.L.C. | $32.0M | 1,729,000 | 0.04% | 4q | +102.5%+$16.2M |
| Soleus Capital Management, L.P. | $30.6M | 1,654,978 | 1.05% | 3q | +274.4%+$22.4M |
| BRAIDWELL LP | $30.1M | 1,629,182 | 1.11% | new | NEW |
| PRICE T ROWE ASSOCIATES INC /MD/ | $24.2M | 1,311,715 | 0.00% | new | NEW |
| ALLIANCEBERNSTEIN L.P. | $23.3M | 1,260,689 | 0.01% | new | NEW |
| UBS Group AG | $22.3M | 1,209,059 | 0.00% | 11q | +5.9%+$1.2M |
| Logos Global Management LP | $21.3M | 1,150,000 | 0.91% | 2q | +283.3%+$15.7M |
| GEODE CAPITAL MANAGEMENT, LLC | $20.4M | 1,105,118 | 0.00% | 8q | +550.5%+$17.3M |
| Commodore Capital LP | $18.8M | 1,018,319 | 1.12% | 9q | +110.8%+$9.9M |
| RA CAPITAL MANAGEMENT, L.P. | $18.5M | 1,000,000 | 0.16% | 8q | +50.8%+$6.2M |
| GOLDMAN SACHS GROUP INC | $17.5M | 946,320 | 0.00% | 3q | +1474.4%+$16.4M |
| Trails Edge Capital Partners, LP | $16.5M | 891,881 | 2.62% | new | NEW |
| AMERIPRISE FINANCIAL INC | $16.5M | 891,405 | 0.00% | 4q | +417.8%+$13.3M |
| Balyasny Asset Management L.P. | $15.9M | 861,711 | 0.02% | 4q | +17.8%+$2.4M |
| Vestal Point Capital, LP | $14.3M | 775,000 | 0.33% | new | NEW |
| Seven Fleet Capital Management LP | $14.2M | 770,765 | 2.35% | 3q | +260.5%+$10.3M |
| Parkman Healthcare Partners LLC | $14.2M | 766,290 | 1.45% | new | NEW |
| BOOTHBAY FUND MANAGEMENT, LLC | $13.0M | 702,051 | 0.17% | 5q | +116.5%+$7.0M |
| Squarepoint Ops LLC | $10.9M | 589,245 | 0.01% | 3q | +624.9%+$9.4M |
| Caption Management, LLC | $10.3M incl. $6.4M options PUT | 210,000 | 0.05% | 3q | -53.8%-$12.0M |
| BAKER BROS. ADVISORS LP | $10.2M | 550,000 | 0.05% | new | NEW |
| SILVERARC CAPITAL MANAGEMENT, LLC | $9.2M | 500,402 | 0.96% | new | NEW |
| Davern Capital Partners, LP | $8.7M | 468,666 | 1.48% | new | NEW |
| CITADEL ADVISORS LLC | $8.3M incl. $2.3M options CALL+PUT | 323,833 | 0.00% | 4q | +67.2%+$3.3M |
| Pivotal bioVenture Partners Investment Advisor LLC | $8.0M | 434,033 | 2.61% | 2q | +46.7%+$2.6M |
| FRANKLIN RESOURCES INC | $7.5M | 404,191 | 0.00% | new | NEW |
| Boxer Capital Management, LLC | $6.9M | 375,000 | 0.52% | 4q | +25.0%+$1.4M |
| RENAISSANCE TECHNOLOGIES LLC | $6.6M | 357,200 | 0.01% | 4q | +197.4%+$4.4M |
| NORTHERN TRUST CORP | $6.4M | 344,521 | 0.00% | 7q | +1027.5%+$5.8M |
| DV EQUITIES, LLC | $6.1M | 332,213 | 0.88% | new | NEW |
| VANGUARD FIDUCIARY TRUST CO | $6.0M | 324,808 | 0.00% | 2q | +275.8%+$4.4M |
| Velan Capital Investment Management LP | $6.0M | 324,452 | 3.65% | 7q | +75.3%+$2.6M |
| Schonfeld Strategic Advisors LLC | $5.7M | 310,008 | 0.02% | new | NEW |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $5.3M incl. $4.8M options CALL+PUT | 27,227 | 0.00% | 4q | HELD |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $5.3M | 284,702 | 0.00% | new | NEW |
| Vivo Capital, LLC | $5.1M | 275,000 | 0.46% | new | NEW |
| Eagle Health Investments LP | $4.3M | 235,093 | 0.72% | new | NEW |
| SPHERA FUNDS MANAGEMENT LTD. | $4.3M | 232,294 | 0.56% | new | NEW |
| PERCEPTIVE ADVISORS LLC | $4.1M | 219,813 | 0.06% | 6q | +57.4%+$1.5M |
| Jump Financial, LLC | $3.7M | 201,902 | 0.03% | 3q | +1476.1%+$3.5M |
| NAN FUNG TRINITY (HK) LTD | $3.5M | 189,000 | 0.34% | 3q | HELD |
| ACUTA CAPITAL PARTNERS, LLC | $3.4M | 186,308 | 2.40% | 2q | +206.4%+$2.3M |
| Walleye Capital LLC | $3.4M | 185,613 | 0.01% | new | NEW |
| RTW INVESTMENTS, LP | $3.2M | 175,000 | 0.03% | 2q | -79.6%-$12.6M |
| Ally Bridge Group (NY) LLC | $2.8M | 150,000 | 2.45% | new | NEW |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | $2.5M | 137,475 | 0.00% | 2q | +1274.8%+$2.4M |
| BNP PARIBAS FINANCIAL MARKETS | $2.5M | 134,087 | 0.00% | 10q | -68.3%-$5.3M |
| CenterBook Partners LP | $2.5M | 132,869 | 0.12% | new | NEW |
| MORGAN STANLEY | $2.4M | 128,075 | 0.00% | 11q | -20.6%-$615.7K |
| Moody Aldrich Partners LLC | $2.3M | 125,582 | 0.42% | 3q | -21.2%-$623.6K |
| LMR Partners LLP | $2.3M CALL+PUT | options only | 0.01% | new | OPTIONS |
| HighVista Strategies LLC | $2.3M | 122,610 | 0.52% | 4q | +109.2%+$1.2M |
| Aberdeen Group plc | $2.3M | 122,169 | 0.00% | 4q | -28.8%-$914.9K |
| SECTORAL ASSET MANAGEMENT INC | $2.2M | 119,923 | 1.55% | new | NEW |
| WELLINGTON MANAGEMENT GROUP LLP | $1.9M | 105,261 | 0.00% | new | NEW |
| Bank of New York Mellon Corp | $1.9M | 102,653 | 0.00% | new | NEW |
| Nuveen, LLC | $1.9M | 100,633 | 0.00% | new | NEW |
| Ikarian Capital, LLC | $1.7M | 90,183 | 0.18% | 10q | HELD |
| TD Asset Management Inc | $1.4M | 77,474 | 0.00% | 2q | +50.7%+$481.7K |
| CITIGROUP INC | $1.3M | 69,014 | 0.00% | new | NEW |
| TWO SIGMA INVESTMENTS, LP | $1.2M | 67,094 | 0.00% | 5q | +4.1%+$49.3K |
| JANE STREET GROUP, LLC | $1.1M CALL | options only | 0.00% | 3q | OPTIONS |
| Rafferty Asset Management, LLC | $1.0M | 56,411 | 0.00% | new | NEW |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE | $994.2K | 53,799 | 0.00% | new | NEW |
| RHUMBLINE ADVISERS | $984.8K | 53,290 | 0.00% | new | NEW |
| XTX Topco Ltd | $971.7K | 52,583 | 0.01% | 4q | -58.5%-$1.4M |
| DEUTSCHE BANK AG\ | $760.7K | 41,166 | 0.00% | 3q | -72.6%-$2.0M |
| DIMENSIONAL FUND ADVISORS LP | $706.9K | 38,158 | 0.00% | 2q | -6.5%-$49.3K |
| Verition Fund Management LLC | $706.7K | 38,240 | 0.00% | new | NEW |
| Man Group plc | $681.5K | 36,876 | 0.00% | 2q | -20.8%-$178.8K |
| WELLS FARGO & COMPANY/MN | $675.9K | 36,576 | 0.00% | 2q | HELD |
| Verdad Advisers, LP | $606.6K | 32,827 | 0.58% | new | NEW |
| SIMPLEX TRADING, LLC | $574.7K CALL+PUT | options only | 0.00% | 5q | OPTIONS |
| PROFUND ADVISORS LLC | $523.1K | 28,309 | 0.01% | new | NEW |
| GLENMEDE TRUST CO NA | $522.6K | 28,280 | 0.00% | 3q | +9.9%+$47.1K |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | $480.5K | 25,712 | 0.00% | new | NEW |
| Persistent Asset Partners Ltd | $453.6K | 24,544 | 0.14% | 3q | +210.0%+$307.2K |
| MetLife Investment Management, LLC | $452.7K | 24,499 | 0.00% | new | NEW |
| ENVESTNET ASSET MANAGEMENT INC | $416.5K | 22,539 | 0.00% | 3q | +12.7%+$47.0K |
| Invesco Ltd. | $410.7K | 22,226 | 0.00% | new | NEW |
| Virtus Investment Advisers, LLC | $409.7K | 22,168 | 0.10% | new | NEW |
| JPMORGAN CHASE & CO | $404.0K incl. $54.0K options PUT | 18,145 | 0.00% | 11q | -90.7%-$3.9M |
| Vanguard Global Advisers, LLC | $369.8K | 20,010 | 0.00% | 2q | +257.0%+$266.2K |
| SEI INVESTMENTS CO | $331.4K | 17,931 | 0.00% | 2q | -68.5%-$719.3K |
| BARCLAYS PLC | $329.1K | 17,811 | 0.00% | 4q | +21.6%+$58.6K |
| ExodusPoint Capital Management, LP | $304.8K | 16,495 | 0.00% | 3q | -7.1%-$23.2K |
Five percent filings
Anyone crossing 5% of a company must say so within days - far sooner than the next quarterly holdings report. A 13D declares an intent to influence the company; a 13G is the passive version. See all activist filings →
| Filed | Form | Filer | % of class |
|---|---|---|---|
| 2026-10-29 | 13G | Trails Edge Capital Partners, LPwith 2 co-filers | 5.2% |
What the insiders did
Open market purchases and sales reported on Form 4 in the last 180 days. Grants, option exercises and shares surrendered to cover tax are left out: they are compensation rather than a decision to buy or sell. Where a broker filled one order in tranches the lines are summed, because it was one decision.
Officers and directors
| Date | Insider | Role | Side | Shares | Value |
|---|---|---|---|---|---|
| 2026-08-17 | Sullivan Christopher Ryan | Chief Financial Officer | Sold | 41,694 | $828.1K ×2 |
| 2026-08-18 | Sullivan Christopher Ryan | Chief Financial Officer | Sold | 31,031 | $622.3K |
| 2026-09-16 | Sullivan Christopher Ryan | Chief Financial Officer | Sold | 12,394 | $202.4K |
| 2026-09-10 | Sullivan Christopher Ryan | Chief Financial Officer | Sold | 10,185 | $179.5K |
Quarter by quarter
Coverage begins with the quarter ending 2018-12-31. Earlier filings exist only as occasional late amendments, too sparse to describe a market, so they are not shown.
| Quarter | Holders | Value | Shares | New | Added | Trimmed | Options |
|---|---|---|---|---|---|---|---|
| Q3 2026 | 16 | $1.6M | 103,587 | 9 | 1 | 2 | 0.0% |
| Q2 2026 | 129 | $1.4B | 72,612,565 | 54 | 47 | 16 | 1.3% |
| Q1 2026 | 103 | $514.9M | 31,239,192 | 33 | 31 | 21 | 9.5% |
| Q4 2025 | 86 | $370.5M | 19,885,517 | 32 | 27 | 14 | 2.5% |
| Q3 2025 | 65 | $196.8M | 15,319,258 | 33 | 15 | 8 | 1.0% |
| Q2 2025 | 36 | $39.2M | 7,843,040 | 5 | 9 | 12 | 0.0% |
| Q1 2025 | 33 | $66.1M | 8,255,057 | 4 | 8 | 4 | 0.0% |
| Q4 2024 | 33 | $56.0M | 7,530,521 | 7 | 8 | 2 | 0.0% |
| Q3 2024 | 28 | $63.2M | 6,656,935 | 9 | 3 | 1 | 0.0% |
| Q2 2024 | 21 | $9.6M | 771,104 | 7 | 4 | 4 | 0.0% |
| Q1 2024 | 18 | $1.9M | 87,587 | 8 | 4 | 3 | 0.0% |
| Q4 2023 | 12 | $209.8K | 23,012 | 12 | 0 | 0 | 0.0% |
| Q3 2023 | 26 | $158.9K | 1,339,666 | 10 | 5 | 5 | 0.0% |
| Q2 2023 | 25 | $862.7K | 2,427,691 | 5 | 6 | 5 | 0.0% |
| Q1 2023 | 31 | $16.0M | 9,130,983 | 9 | 7 | 5 | 0.0% |
| Q4 2022 | 27 | $28.0M | 5,550,979 | 12 | 2 | 4 | 0.0% |
| Q3 2022 | 16 | $18.4M | 5,548,658 | 17 | 0 | 0 | 0.0% |
| Q2 2022 | 44 | $34.7M | 69,408,112 | 9 | 7 | 18 | 0.0% |
| Q1 2022 | 64 | $56.2M | 77,717,621 | 7 | 10 | 28 | 0.0% |
| Q4 2021 | 71 | $136.5M | 80,056,202 | 15 | 29 | 13 | 0.3% |
| Q3 2021 | 74 | $196.2M | 89,787,505 | 76 | 0 | 0 | 0.2% |