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, Q4 2025
Institutional positions in Nektar Therapeutics as of Dec 31, 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
- 180
- +31 vs. Q3 2025
- Shares held
- 17.3M
- +2.98M (+20.8%) vs. Q3 2025
- Total value
- $732.2M
- −$83.8M (−10.3%) vs. Q3 2025
- New holders
- 63
- 48 more added
- Sold out
- 32
- 43 more reduced
4 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q3 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.
| Quarter | Holders | Value |
|---|---|---|
| Q2 2026 | 239 | $2.50B |
| Q1 2026 | 216 | $1.94B |
| Q4 2025 | 180 | $732.2M |
| Q3 2025 | 153 | $820.2M |
| Q2 2025 | 109 | $197.7M |
| Q1 2025 | 157 | $84.2M |
| Q4 2024 | 146 | $123.6M |
| Q3 2024 | 140 | $182.9M |
| Q2 2024 | 135 | $168.0M |
| Q1 2024 | 123 | $105.5M |
| Q4 2023 | 127 | $67.3M |
| Q3 2023 | 139 | $85.3M |
| Q2 2023 | 148 | $79.3M |
| Q1 2023 | 197 | $121.2M |
| Q4 2022 | 217 | $381.7M |
| Q3 2022 | 232 | $561.4M |
| Q2 2022 | 230 | $693.8M |
| Q1 2022 | 243 | $947.6M |
| Q4 2021 | 242 | $2.35B |
| Q3 2021 | 243 | $3.01B |
| Q2 2021 | 243 | $2.89B |
| Q1 2021 | 239 | $3.40B |
Institutions, Q4 2025
Shares, value and share of portfolio for each institution holding Nektar Therapeutics; share changes are against Q3 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| BVF Inc | 1,559,595 | $65.9M | 2.22% | +283,000+22.2% | Added |
| Vanguard Group Inc | 1,027,089 | $43.4M | 0.00% | +78,442+8.3% | Added |
| Two Seas Capital LP | 745,185 | $31.5M | 1.85% | +745,185 | New |
| BlackRock, Inc. | 645,607 | $27.3M | 0.00% | +36,493+6.0% | Added |
| Armistice Capital, LLC | 596,000 | $25.2M | 0.62% | +328,000+122.4% | Added |
| Morgan Stanley | 566,421 | $23.9M | 0.00% | −362,730−39.0% | Reduced |
| Prosight Management, LP | 554,633 | $23.4M | 4.85% | +554,633 | New |
| Two Sigma Investments, LP | 473,014 | $20.0M | 0.03% | +38,777+8.9% | Added |
| Invesco Ltd. | 468,159 | $19.8M | 0.00% | +241,262+106.3% | Added |
| Millennium Management LLC | 454,075 | $19.2M | 0.01% | −91,919−16.8% | Reduced |
| Sofinnova Investments, Inc. | 438,630 | $18.5M | 0.80% | +320,211+270.4% | Added |
| Point72 Asset Management, L.P. | 433,419 | $18.3M | 0.03% | +309,761+250.5% | Added |
| Emerald Advisers, LLC | 384,342 | $16.2M | 0.50% | +61,096+18.9% | Added |
| Susquehanna International Group, LLP | 383,310 | $16.2M | 0.02% | −541,586−58.6% | Reduced |
| 22NW, LP | 331,115 | $14.0M | 10.79% | 00.0% | Unchanged |
| Qube Research & Technologies Ltd | 323,915 | $13.7M | 0.02% | +319,941+8,050.9% | Added |
| Citadel Advisors LLC | 309,777 | $13.1M | 0.01% | −51,296−14.2% | Reduced |
| Two Sigma Advisers, LP | 308,414 | $13.0M | 0.03% | +129,506+72.4% | Added |
| Voloridge Investment Management, LLC | 295,716 | $12.5M | 0.04% | +123,940+72.2% | Added |
| UBS Group AG | 287,561 | $12.2M | 0.00% | +196,739+216.6% | Added |
| Balyasny Asset Management LLC | 282,021 | $11.9M | 0.02% | +99,207+54.3% | Added |
| Primecap Management Co | 280,150 | $11.8M | 0.01% | −8,900−3.1% | Reduced |
| Geode Capital Management, LLC | 254,361 | $10.8M | 0.00% | +29,125+12.9% | Added |
| Emerald Mutual Fund Advisers Trust | 253,125 | $10.7M | 0.52% | +19,920+8.5% | Added |
| Jane Street Group, LLC | 218,337 | $9.23M | 0.01% | +218,337 | New |
| Great Point Partners LLC | 210,732 | $8.91M | 2.89% | −89,268−29.8% | Reduced |
| BNP Paribas Arbitrage, SA | 210,298 | $8.89M | 0.01% | +209,864+48,355.8% | Added |
| Gilder Gagnon Howe & Co LLC | 208,302 | $8.81M | 0.09% | −16,526−7.4% | Reduced |
| State Street Corp | 195,656 | $8.27M | 0.00% | +66,657+51.7% | Added |
| Nationale-Nederlanden Powszechne Towarzystwo Emerytalne S.A. | 188,112 | $7.95M | 0.71% | +34,266+22.3% | Added |
| Creek Drive Management Group LLC | 185,500 | $7.84M | 5.78% | +185,500 | New |
| StemPoint Capital LP | 178,274 | $7.54M | 1.29% | +125,073+235.1% | Added |
| HRT Financial LP | 173,443 | $7.33M | 0.02% | +160,285+1,218.2% | Added |
| Renaissance Technologies LLC | 172,881 | $7.31M | 0.01% | −105,660−37.9% | Reduced |
| JPMorgan Chase & Co | 150,804 | $6.38M | 0.00% | +150,785+793,605.3% | Added |
| Goldman Sachs Group Inc | 147,793 | $6.25M | 0.00% | +70,738+91.8% | Added |
| Charles Schwab Investment Management Inc | 120,380 | $5.09M | 0.00% | +5,716+5.0% | Added |
| Nantahala Capital Management, LLC | 112,946 | $4.78M | 0.28% | −305,576−73.0% | Reduced |
| Jefferies Financial Group Inc. | 111,900 | $4.73M | 0.04% | −191,300−63.1% | Reduced |
| Woodline Partners LP | 104,000 | $4.40M | 0.02% | −129,059−55.4% | Reduced |
| Connor, Clark & Lunn Investment Management Ltd. | 101,166 | $4.28M | 0.01% | +52,549+108.1% | Added |
| FMR LLC | 101,129 | $4.28M | 0.00% | +61,162+153.0% | Added |
| ING Groep NV | 100,000 | $4.23M | 0.03% | +100,000 | New |
| Monashee Investment Management LLC | 94,134 | $3.98M | 2.24% | +94,134 | New |
| Deutsche Bank AG | 90,743 | $3.84M | 0.00% | +743+0.8% | Added |
| Quinn Opportunity Partners LLC | 85,868 | $3.63M | 0.16% | −24,000−21.8% | Reduced |
| Russell Investments Group, Ltd. | 85,666 | $3.62M | 0.00% | +68,617+402.5% | Added |
| Stonepine Capital Management, LLC | 85,000 | $3.59M | 2.84% | 00.0% | Unchanged |
| Propel Bio Management, LLC | 82,822 | $3.50M | 2.99% | +33,822+69.0% | Added |
| DAFNA Capital Management LLC | 74,998 | $3.17M | 0.74% | +20,000+36.4% | Added |
| Acadian Asset Management LLC | 72,241 | $3.05M | 0.01% | +44,906+164.3% | Added |
| ADAR1 Capital Management, LLC | 72,031 | $3.05M | 0.23% | +240.0% | Added |
| Polygon Management Ltd. | 69,287 | $2.93M | 0.62% | +69,287 | New |
| Voleon Capital Management LP | 68,335 | $2.89M | 0.06% | +68,335 | New |
| Nearwater Capital Markets, Ltd | 61,500 | $2.60M | 0.04% | +61,500 | New |
| Landscape Capital Management, L.L.C. | 60,431 | $2.56M | 0.17% | +60,431 | New |
| Hudson Bay Capital Management LP | 59,691 | $2.52M | 0.01% | −47,987−44.6% | Reduced |
| F/M Investments LLC | 58,123 | $2.46M | 0.09% | +5,035+9.5% | Added |
| Northern Trust Corp | 56,076 | $2.37M | 0.00% | +17,586+45.7% | Added |
| Moody Aldrich Partners LLC | 56,023 | $2.37M | 0.44% | −17,693−24.0% | Reduced |
| Aquatic Capital Management LLC | 55,240 | $2.34M | 0.07% | +55,240 | New |
| Fred Alger Management, LLC | 54,020 | $2.28M | 0.01% | −37,787−41.2% | Reduced |
| Cambridge Investment Research Advisors, Inc. | 53,713 | $2.27M | 0.01% | +7,077+15.2% | Added |
| Jump Financial, LLC | 53,212 | $2.25M | 0.03% | +53,212 | New |
| ACT Capital Management, LLC | 51,200 | $2.16M | 1.75% | +51,200 | New |
| Norges Bank | 50,000 | $2.11M | 0.00% | +50,000 | New |
| Dark Forest Capital Management LP | 42,277 | $1.79M | 0.08% | +33,092+360.3% | Added |
| Headlands Technologies LLC | 41,201 | $1.74M | 0.15% | +11,371+38.1% | Added |
| AWM Investment Company, Inc. | 40,000 | $1.69M | 0.16% | 00.0% | Unchanged |
| Deuterium Capital Management, LLC | 37,349 | $1.58M | 2.29% | 00.0% | Unchanged |
| Engineers Gate Manager LP | 37,284 | $1.58M | 0.02% | +19,654+111.5% | Added |
| Citigroup Inc | 35,777 | $1.51M | 0.00% | +32,730+1,074.2% | Added |
| Caption Management, LLC | 35,000 | $1.48M | 0.07% | +35,000 | New |
| Swiss National Bank | 31,900 | $1.35M | 0.00% | +31,900 | New |
| SummitTX Capital, L.P. | 31,353 | $1.33M | 0.04% | +24,555+361.2% | Added |
| Birchview Capital, LP | 31,000 | $1.31M | 0.77% | +26,979+671.0% | Added |
| Erste Asset Management GmbH | 28,000 | $1.20M | 0.01% | +11,000+64.7% | Added |
| Simplify Asset Management Inc. | 28,000 | $1.18M | 0.02% | −59,174−67.9% | Reduced |
| KVP Capital Advisors, LP | 26,900 | $1.14M | 1.17% | +26,900 | New |
| Fox Run Management, L.L.C. | 26,522 | $1.12M | 0.17% | +26,522 | New |
| Bank of America Corp | 26,092 | $1.10M | 0.00% | −21,867−45.6% | Reduced |
| Marshall Wace, LLP | 24,023 | $1.02M | 0.00% | +24,023 | New |
| Gsa Capital Partners LLP | 23,114 | $977.0K | 0.08% | +23,114 | New |
| Simplex Trading, LLC | 21,936 | $927.5K | 0.03% | −54,514−71.3% | Reduced |
| BIT Capital GmbH | 21,100 | $892.1K | 0.04% | +21,100 | New |
| Squarepoint Ops LLC | 20,257 | $856.5K | 0.00% | −14,243−41.3% | Reduced |
| Ishara Investments LP | 20,000 | $845.6K | 0.98% | +20,000 | New |
| Trexquant Investment LP | 18,821 | $795.8K | 0.01% | −72,659−79.4% | Reduced |
| J. Goldman & Co LP | 18,352 | $775.9K | 0.03% | +18,352 | New |
| Jain Global LLC | 17,299 | $731.4K | 0.01% | −15,488−47.2% | Reduced |
| UBS Asset Management Americas Inc | 16,184 | $684.3K | 0.00% | +16,184 | New |
| Susquehanna Portfolio Strategies, LLC | 16,057 | $678.9K | 0.01% | 00.0% | Unchanged |
| Knott David M Jr | 15,500 | $655.3K | 0.30% | +15,500 | New |
| Barclays PLC | 15,444 | $653.0K | 0.00% | −1,235−7.4% | Reduced |
| Algert Global LLC | 15,310 | $647.3K | 0.01% | +15,310 | New |
| Seven Fleet Capital Management LP | 15,000 | $634.2K | 0.43% | +15,000 | New |
| Palumbo Wealth Management LLC | 14,714 | $622.1K | 0.15% | −11,440−43.7% | Reduced |
| Jacobs Levy Equity Management, Inc | 14,564 | $615.8K | 0.00% | −382−2.6% | Reduced |
| California State Teachers Retirement System | 14,520 | $613.9K | 0.00% | +14,520 | New |
| Virtu Financial LLC | 13,811 | $584.0K | 0.02% | +13,811 | New |