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Nektar Therapeutics

NKTR
Exchange
Nasdaq
Industry
Pharmaceutical Preparations
SEC CIK
0000906709

In the last 90 days, Nektar Therapeutics insiders filed 0 open-market purchases and 3 sales; 239 institutions reported holding it in 13F filings for Q2 2026, worth $2.50B in total; no superinvestor holds it.

13F holders, Q3 2025

Institutional positions in Nektar Therapeutics as of Sep 30, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
153
+45 vs. Q2 2025
Shares held
14.4M
+6.76M (+88.3%) vs. Q2 2025
Total value
$820.2M
+$622.5M (+314.9%) vs. Q2 2025
New holders
65
43 more added
Sold out
20
27 more reduced

1 institution that held it in Q2 2025 haven't filed for Q3 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q2 2025: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting NKTR on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ3 2025: 153 institutions
Q1 2021: 239 institutionsQ2 2021: 243 institutionsQ3 2021: 243 institutionsQ4 2021: 242 institutionsQ1 2022: 243 institutionsQ2 2022: 230 institutionsQ3 2022: 232 institutionsQ4 2022: 217 institutionsQ1 2023: 197 institutionsQ2 2023: 148 institutionsQ3 2023: 139 institutionsQ4 2023: 127 institutionsQ1 2024: 123 institutionsQ2 2024: 135 institutionsQ3 2024: 140 institutionsQ4 2024: 146 institutionsQ1 2025: 157 institutionsQ2 2025: 109 institutionsQ3 2025: 153 institutionsQ4 2025: 180 institutionsQ1 2026: 216 institutionsQ2 2026: 239 institutions
Value heldQ3 2025: $820.2M
Q1 2021: $3.40BQ2 2021: $2.89BQ3 2021: $3.01BQ4 2021: $2.35BQ1 2022: $947.6MQ2 2022: $693.8MQ3 2022: $561.4MQ4 2022: $381.7MQ1 2023: $121.2MQ2 2023: $79.3MQ3 2023: $85.3MQ4 2023: $67.3MQ1 2024: $105.5MQ2 2024: $168.0MQ3 2024: $182.9MQ4 2024: $123.6MQ1 2025: $84.2MQ2 2025: $197.7MQ3 2025: $820.2MQ4 2025: $732.2MQ1 2026: $1.94BQ2 2026: $2.50B
Institutions holding NKTR and their total value by quarter
QuarterHoldersValue
Q2 2026239$2.50B
Q1 2026216$1.94B
Q4 2025180$732.2M
Q3 2025153$820.2M
Q2 2025109$197.7M
Q1 2025157$84.2M
Q4 2024146$123.6M
Q3 2024140$182.9M
Q2 2024135$168.0M
Q1 2024123$105.5M
Q4 2023127$67.3M
Q3 2023139$85.3M
Q2 2023148$79.3M
Q1 2023197$121.2M
Q4 2022217$381.7M
Q3 2022232$561.4M
Q2 2022230$693.8M
Q1 2022243$947.6M
Q4 2021242$2.35B
Q3 2021243$3.01B
Q2 2021243$2.89B
Q1 2021239$3.40B

Institutions, Q3 2025

Shares, value and share of portfolio for each institution holding Nektar Therapeutics; share changes are against Q2 2025.

Institutions holding NKTR in Q3 2025
InstitutionSharesValue% of portfolioChange in sharesAction
BVF Inc1,276,595$72.6M2.94%+1,276,595New
Vanguard Group Inc948,647$54.0M0.00%+219,155+30.0%Added
Morgan Stanley929,151$52.9M0.00%+857,012+1,188.0%Added
Susquehanna International Group, LLP924,896$52.6M0.08%+703,005+316.8%Added
Farallon Capital Management, L.L.C.791,000$45.0M0.25%+791,000New
BlackRock, Inc.609,114$34.7M0.00%+193,888+46.7%Added
Millennium Management LLC545,994$31.1M0.02%−103,039−15.9%Reduced
Two Sigma Investments, LP434,237$24.7M0.04%+354,842+446.9%Added
Nantahala Capital Management, LLC418,522$23.8M1.47%−291,239−41.0%Reduced
Citadel Advisors LLC361,073$20.5M0.02%+361,073New
22NW, LP331,115$18.8M9.81%+185,000+126.6%Added
Emerald Advisers, LLC323,246$18.4M0.59%+323,246New
Jefferies Financial Group Inc.303,200$17.3M0.16%+303,200New
Great Point Partners LLC300,000$17.1M7.13%+300,000New
Primecap Management Co289,050$16.4M0.01%−10,668−3.6%Reduced
Renaissance Technologies LLC278,541$15.8M0.02%+31,481+12.7%Added
Armistice Capital, LLC268,000$15.2M0.48%+144,000+116.1%Added
Emerald Mutual Fund Advisers Trust233,205$13.3M0.69%+233,205New
Woodline Partners LP233,059$13.3M0.06%−13,086−5.3%Reduced
Invesco Ltd.226,897$12.9M0.00%+194,865+608.3%Added
Geode Capital Management, LLC225,236$12.8M0.00%+92,863+70.2%Added
Gilder Gagnon Howe & Co LLC224,828$12.8M0.13%+195,926+677.9%Added
Balyasny Asset Management LLC182,814$10.4M0.02%−203,476−52.7%Reduced
Two Sigma Advisers, LP178,908$10.2M0.02%+178,908New
Voloridge Investment Management, LLC171,776$9.77M0.03%+171,776New
Nationale-Nederlanden Powszechne Towarzystwo Emerytalne S.A.153,846$8.75M0.68%+153,846New
State Street Corp128,999$7.34M0.00%+78,894+157.5%Added
Boxer Capital Management, LLC125,000$7.11M2.27%00.0%Unchanged
Point72 Asset Management, L.P.123,658$7.04M0.02%+123,658New
Sofinnova Investments, Inc.118,419$6.74M0.41%+118,419New
Charles Schwab Investment Management Inc114,664$6.52M0.00%+48,735+73.9%Added
Quinn Opportunity Partners LLC109,868$6.25M0.46%+109,868New
Hudson Bay Capital Management LP107,678$6.13M0.04%+107,678New
Fred Alger Management, LLC91,807$5.22M0.02%+39,096+74.2%Added
Trexquant Investment LP91,480$5.21M0.05%+91,480New
UBS Group AG90,822$5.17M0.00%−110,549−54.9%Reduced
Deutsche Bank AG90,000$5.12M0.00%+90,000New
Simplify Asset Management Inc.87,174$4.96M0.10%+35,176+67.6%Added
Stonepine Capital Management, LLC85,000$4.84M3.93%+34,800+69.3%Added
EAM Investors, LLC78,209$4.40M0.50%+54,053+223.8%Added
Goldman Sachs Group Inc77,055$4.38M0.00%+14,605+23.4%Added
Simplex Trading, LLC76,450$4.35M0.10%+29,497+62.8%Added
Diadema Partners LP75,000$4.27M2.97%+75,000New
Moody Aldrich Partners LLC73,716$4.19M0.80%+28,304+62.3%Added
ADAR1 Capital Management, LLC72,007$4.10M0.41%+56,211+355.9%Added
Longaeva Partners L.P.62,729$3.57M0.76%+62,729New
Wolverine Trading, LLC57,758$3.40M0.07%+42,686+283.2%Added
Artia Global Partners LP57,999$3.30M0.58%+57,999New
DAFNA Capital Management LLC54,998$3.13M0.77%+44,998+450.0%Added
StemPoint Capital LP53,201$3.03M0.61%+53,201New
F/M Investments LLC53,088$3.02M0.12%+53,088New
Superstring Capital Management LP51,270$2.92M2.87%+51,270New
Eversept Partners, LP49,890$2.84M0.22%−65,110−56.6%Reduced
Propel Bio Management, LLC49,000$2.79M2.79%+49,000New
Connor, Clark & Lunn Investment Management Ltd.48,617$2.77M0.01%+27,282+127.9%Added
Bank of America Corp47,959$2.73M0.00%−19,602−29.0%Reduced
Cambridge Investment Research Advisors, Inc.46,636$2.65M0.01%+34,554+286.0%Added
Readystate Asset Management LP45,042$2.56M0.12%+45,042New
AWM Investment Company, Inc.40,000$2.28M0.21%+40,000New
FMR LLC39,967$2.27M0.00%+24,691+161.6%Added
Royal Bank of Canada39,321$2.24M0.00%+21,544+121.2%Added
Northern Trust Corp38,490$2.19M0.00%+14,346+59.4%Added
Deuterium Capital Management, LLC37,349$2.13M3.08%00.0%Unchanged
Walleye Capital LLC36,107$2.05M0.02%+36,107New
Squarepoint Ops LLC34,500$1.96M0.00%+34,500New
Jain Global LLC32,787$1.87M0.02%−96,031−74.5%Reduced
Bridgeway Capital Management, LLC30,140$1.71M0.04%−36,000−54.4%Reduced
Headlands Technologies LLC29,830$1.70M0.14%+27,308+1,082.8%Added
Acadian Asset Management LLC27,335$1.55M0.00%−393,623−93.5%Reduced
Palumbo Wealth Management LLC26,154$1.49M0.48%+2,382+10.0%Added
Verition Fund Management LLC24,415$1.39M0.01%+24,415New
Engineers Gate Manager LP17,630$1.00M0.01%+17,630New
Erste Asset Management GmbH17,000$1.00M0.01%+17,000New
Persistent Asset Partners Ltd17,270$982.7K0.71%+17,270New
Russell Investments Group, Ltd.17,049$970.1K0.00%+12,011+238.4%Added
Barclays PLC16,679$949.0K0.00%+7,670+85.1%Added
Susquehanna Portfolio Strategies, LLC16,057$913.6K0.01%+16,057New
Jacobs Levy Equity Management, Inc14,946$850.4K0.00%−133,294−89.9%Reduced
Caxton Associates LLP13,977$795.3K0.02%+13,977New
SEI Investments Co13,744$782.0K0.00%+13,744New
HRT Financial LP13,158$748.0K0.00%+13,158New
Price T Rowe Associates Inc11,976$682.0K0.00%−5,822−32.7%Reduced
Envestnet Asset Management Inc10,086$573.9K0.00%+10,086New
HB Wealth Management, LLC9,244$526.0K0.00%+9,244New
Glenmede Investment Management, LP9,200$523.5K0.00%+9,200New
Dark Forest Capital Management LP9,185$522.6K0.02%+9,185New
Group One Trading, L.P.8,529$485.3K0.01%−84,652−90.8%Reduced
Kestra Advisory Services, LLC7,650$435.3K0.00%+7,650New
SummitTX Capital, L.P.6,798$386.8K0.02%−5,628−45.3%Reduced
49 Wealth Management, LLC5,981$340.3K0.03%+5,981New
XTX Topco Ltd5,897$335.5K0.02%+5,897New
Tudor Investment Corp Et Al5,435$309.3K0.00%+5,435New
Gainplan LLC5,035$286.5K0.12%−9,965−66.4%Reduced
Advisor Group Holdings, Inc.5,426$282.1K0.00%+38+0.7%Added
Rangeley Capital, LLC4,895$278.5K0.26%+4,895New
LPL Financial LLC4,754$270.5K0.00%+4,754New
Fifth Lane Capital, LP4,500$256.1K0.26%+4,500New
Bank of New York Mellon Corp4,327$246.2K0.00%+4,327New
Brevan Howard Capital Management LP4,109$233.8K0.00%+4,109New
Cubist Systematic Strategies, LLC4,097$233.1K0.00%+4,097New