Alvotech: which funds bought and sold
Institutions that bought and sold Alvotech shares in Q2 2026, from the holdings they reported to the SEC on Form 13F for March 31, 2026 and June 30, 2026.
Between March 31, 2026 and June 30, 2026, 43 institutions that filed 13F reports for both quarters added to or opened positions in Alvotech, and 26 cut or closed them. Together they added a net 25.5M shares, +150.6% on what they held at the start of the quarter. Active managers and hedge funds on our list were net buyers of 23.6M shares (+616.0%); index fund managers were net buyers of 379K shares (+6.3%). 22 opened a new position and 7 sold out entirely.
Bought, Q2 2026 43 institutions, 22 of them new holders Sold, Q2 2026 26 institutions, 7 of them sold out
Net change, all compared +25.5M shares (+150.6%)
Net change, active managers +23.6M shares (+616.0%), 13 bought, 2 sold
Buyers versus sellers
43 bought 9 26 sold
Active managers and hedge funds 13 bought · 2 sold · +23.6M
Index fund managers 5 bought · 2 sold · +379K
Other institutions 25 bought · 22 sold · +1.6M
Biggest buyers
| Institution | Change in shares | Shares June 30, 2026 | Value |
|---|---|---|---|
| Rubric Capital Management LP Hedge fund | +15.7M New position | 15.7M | $57.8M |
| Farallon Capital Management, L.L.C. Hedge fund | +2.7M +1332.2% | 2.9M | $10.6M |
| Millennium Management LLC Hedge fund | +2.1M +100.9% | 4.3M | $15.7M |
| Citadel Advisors LLC Hedge fund | +1.7M New position | 1.7M | $6.4M |
| Bracebridge Capital, LLC | +1.3M +49.3% | 4.0M | $14.9M |
| Royce & Associates LP Active manager | +558K New position | 558K | $2.1M |
| Morgan Stanley | +427K +175.4% | 670K | $2.5M |
| Sona Asset Management (US) LLC Active manager | +360K New position | 360K | $1.3M |
| Vanguard Capital Management LLC Index funds | +279K +8.2% | 3.7M | $14M |
| Hudson Bay Capital Management LP Hedge fund | +238K New position | 238K | $878,615 |
| Legal & General Group PLC | +192K +38.0% | 696K | $2.7M |
| Lighthouse Investment Partners, LLC Hedge fund | +125K New position | 125K | $461,250 |
| Blackrock, Inc. Index funds | +82K +6.6% | 1.3M | $4.9M |
| Marshall Wace, LLP Hedge fund | +72K New position | 72K | $264,900 |
| Quadrature Capital Ltd Hedge fund | +50K +305.8% | 67K | $245,750 |
| Bank Of America Corp | +50K New position | 50K | $183,393 |
| Tudor Investment Corp Et Al Hedge fund | +44K New position | 44K | $164,076 |
| HRT Financial LP | +39K New position | 39K | $143,000 |
| Jane Street Group, LLC | +38K New position | 38K | $140,047 |
| Stifel Financial Corp | +36K +85.4% | 79K | $291,330 |
| Institution | Change in shares | Shares June 30, 2026 | Value |
|---|---|---|---|
| Rubric Capital Management LP Hedge fund | +15.7M New position | 15.7M | $57.8M |
| Farallon Capital Management, L.L.C. Hedge fund | +2.7M +1332.2% | 2.9M | $10.6M |
| Millennium Management LLC Hedge fund | +2.1M +100.9% | 4.3M | $15.7M |
| Citadel Advisors LLC Hedge fund | +1.7M New position | 1.7M | $6.4M |
| Royce & Associates LP Active manager | +558K New position | 558K | $2.1M |
| Sona Asset Management (US) LLC Active manager | +360K New position | 360K | $1.3M |
| Hudson Bay Capital Management LP Hedge fund | +238K New position | 238K | $878,615 |
| Lighthouse Investment Partners, LLC Hedge fund | +125K New position | 125K | $461,250 |
| Marshall Wace, LLP Hedge fund | +72K New position | 72K | $264,900 |
| Quadrature Capital Ltd Hedge fund | +50K +305.8% | 67K | $245,750 |
Biggest sellers
| Institution | Change in shares | Shares June 30, 2026 | Value |
|---|---|---|---|
| Oaktree Capital Management LP | −142K −59.2% | 98K | $361,553 |
| Oaktree Fund Advisors, LLC | −142K −65.1% | 76K | $280,524 |
| Goldman Sachs Group Inc | −71K −47.9% | 77K | $284,765 |
| Aquatic Capital Management LLC | −70K Sold out | 0 | — |
| UBS Group AG | −69K −21.3% | 253K | $935,349 |
| Renaissance Technologies LLC Hedge fund | −63K Sold out | 0 | — |
| Jump Financial, LLC | −46K Sold out | 0 | — |
| Tempus Wealth Planning, LLC | −44K Sold out | 0 | — |
| Orion Porfolio Solutions, LLC | −39K −64.3% | 21K | $79,217 |
| Exoduspoint Capital Management, LP Hedge fund | −32K Sold out | 0 | — |
| Geode Capital Management, LLC Index funds | −27K −8.3% | 297K | $1.1M |
| China Universal Asset Management Co., Ltd. | −8,949 −15.3% | 50K | $183,256 |
| Proshare Advisors LLC Index funds | −4,543 −30.7% | 10K | $37,760 |
| Mirae Asset Global Investments Co., Ltd. | −3,271 −19.0% | 14K | $51,498 |
| Commonwealth Equity Services, LLC | −1,976 −11.4% | 15K | $56,460 |
| Citigroup Inc | −1,891 −20.5% | 7,339 | $27,081 |
| Tower Research Capital LLC (TRC) | −1,676 −31.7% | 3,612 | $13,328 |
| Larson Financial Group LLC | −1,620 −23.8% | 5,187 | $19,140 |
| Osaic Holdings, Inc. | −1,620 −53.3% | 1,420 | $5,239 |
| Wolverine Asset Management LLC | −1,284 Sold out | 0 | — |
| Institution | Change in shares | Shares June 30, 2026 | Value |
|---|---|---|---|
| Renaissance Technologies LLC Hedge fund | −63K Sold out | 0 | — |
| Exoduspoint Capital Management, LP Hedge fund | −32K Sold out | 0 | — |
New positions
| Institution | Shares | Value June 30, 2026 |
|---|---|---|
| Rubric Capital Management LPHedge fund | 15.7M | $57.8M |
| Citadel Advisors LLCHedge fund | 1.7M | $6.4M |
| Royce & Associates LPActive manager | 558K | $2.1M |
| Sona Asset Management (US) LLCActive manager | 360K | $1.3M |
| Hudson Bay Capital Management LPHedge fund | 238K | $878,615 |
| Lighthouse Investment Partners, LLCHedge fund | 125K | $461,250 |
| Marshall Wace, LLPHedge fund | 72K | $264,900 |
| Bank Of America Corp | 50K | $183,393 |
| Tudor Investment Corp Et AlHedge fund | 44K | $164,076 |
| HRT Financial LP | 39K | $143,000 |
Sold out
| Institution | Shares | Value March 31, 2026 |
|---|---|---|
| Aquatic Capital Management LLC | 70K | $239,486 |
| Renaissance Technologies LLCHedge fund | 63K | $216,776 |
| Jump Financial, LLC | 46K | $159,296 |
| Tempus Wealth Planning, LLC | 44K | $151,651 |
| Exoduspoint Capital Management, LPHedge fund | 32K | $110,305 |
| Wolverine Asset Management LLC | 1,284 | $4,404 |
| Rialto Wealth Management, LLC | 600 | $2,058 |
Who holds the shares
- Institutions reporting
- 71
- Ten largest holders
- 87.8% of 13F-reported shares
- Index fund managers
- 14.9% of 13F-reported shares
- Active managers and hedge funds
- 64.5% of 13F-reported shares
| Type | Bought | Sold | New | Sold out | Net change in shares | Net % |
|---|---|---|---|---|---|---|
| Active managers and hedge funds | 13 | 2 | 9 | 2 | +23.6M | +616.0% |
| Index fund managers | 5 | 2 | 2 | 0 | +379K | +6.3% |
| Other institutions | 25 | 22 | 11 | 5 | +1.6M | +21.9% |