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Novavax Inc

NVAX
Exchange
Nasdaq
Industry
Biological Products, (No Diagnostic Substances)
SEC CIK
0001000694

No open-market purchases or sales by Novavax Inc insiders were filed in the last 90 days; 267 institutions reported holding it in 13F filings for Q2 2026, worth $1.11B in total; Coatue Management is the only superinvestor holding it.

13F holders, Q4 2025

Institutional positions in Novavax Inc 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
237
−7 vs. Q3 2025
Shares held
116.5M
+13.6M (+13.2%) vs. Q3 2025
Total value
$792.5M
−$100.0M (−11.2%) vs. Q3 2025
New holders
35
70 more added
Sold out
42
77 more reduced

6 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 NVAX 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 holdersQ4 2025: 237 institutions
Q1 2021: 390 institutionsQ2 2021: 409 institutionsQ3 2021: 445 institutionsQ4 2021: 431 institutionsQ1 2022: 382 institutionsQ2 2022: 328 institutionsQ3 2022: 256 institutionsQ4 2022: 253 institutionsQ1 2023: 224 institutionsQ2 2023: 216 institutionsQ3 2023: 227 institutionsQ4 2023: 200 institutionsQ1 2024: 202 institutionsQ2 2024: 230 institutionsQ3 2024: 238 institutionsQ4 2024: 235 institutionsQ1 2025: 246 institutionsQ2 2025: 252 institutionsQ3 2025: 250 institutionsQ4 2025: 237 institutionsQ1 2026: 260 institutionsQ2 2026: 267 institutions
Value heldQ4 2025: $792.5M
Q1 2021: $7.70BQ2 2021: $8.44BQ3 2021: $7.77BQ4 2021: $4.81BQ1 2022: $2.49BQ2 2022: $1.75BQ3 2022: $659.6MQ4 2022: $540.3MQ1 2023: $416.7MQ2 2023: $421.9MQ3 2023: $447.9MQ4 2023: $376.0MQ1 2024: $371.3MQ2 2024: $1.06BQ3 2024: $1.19BQ4 2024: $825.9MQ1 2025: $632.2MQ2 2025: $642.9MQ3 2025: $894.6MQ4 2025: $792.5MQ1 2026: $960.7MQ2 2026: $1.11B
Institutions holding NVAX and their total value by quarter
QuarterHoldersValue
Q2 2026267$1.11B
Q1 2026260$960.7M
Q4 2025237$792.5M
Q3 2025250$894.6M
Q2 2025252$642.9M
Q1 2025246$632.2M
Q4 2024235$825.9M
Q3 2024238$1.19B
Q2 2024230$1.06B
Q1 2024202$371.3M
Q4 2023200$376.0M
Q3 2023227$447.9M
Q2 2023216$421.9M
Q1 2023224$416.7M
Q4 2022253$540.3M
Q3 2022256$659.6M
Q2 2022328$1.75B
Q1 2022382$2.49B
Q4 2021431$4.81B
Q3 2021445$7.77B
Q2 2021409$8.44B
Q1 2021390$7.70B

Institutions, Q4 2025

Shares, value and share of portfolio for each institution holding Novavax Inc; share changes are against Q3 2025.

Institutions holding NVAX in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Vanguard Group Inc15,470,365$104.0M0.00%+275,802+1.8%Added
Shah Capital Management14,558,780$97.8M18.87%+2,747,000+23.3%Added
BlackRock, Inc.12,901,549$86.7M0.00%+128,496+1.0%Added
State Street Corp9,523,646$64.0M0.00%+2,326,927+32.3%Added
Bank of America Corp8,290,665$55.7M0.00%+5,189,591+167.3%Added
Sanofi6,880,481$46.2M14.90%00.0%Unchanged
D. E. Shaw & Co., Inc.5,992,798$40.3M0.03%+1,718,719+40.2%Added
UBS Group AG4,894,284$32.9M0.01%+1,378,081+39.2%Added
Millennium Management LLC4,470,083$30.0M0.02%+2,342,804+110.1%Added
Geode Capital Management, LLC3,721,323$25.0M0.00%−70,741−1.9%Reduced
Morgan Stanley3,717,984$25.0M0.00%+2,641,540+245.4%Added
Allianz Asset Management GmbH2,324,142$15.6M0.02%+914,408+64.9%Added
Northern Trust Corp1,453,976$9.77M0.00%−75,141−4.9%Reduced
TSP Capital Management Group, LLC–$9.33M2.28%––
Charles Schwab Investment Management Inc1,335,053$8.97M0.00%+3,767+0.3%Added
Barclays PLC1,102,300$7.41M0.00%+574,263+108.8%Added
Goldman Sachs Group Inc1,090,559$7.33M0.00%+301,283+38.2%Added
Citadel Advisors LLC1,073,727$7.22M0.00%−212,145−16.5%Reduced
Monaco Asset Management SAM1,045,000$7.02M2.08%+645,000+161.3%Added
SG Americas Securities, LLC976,388$6.56M0.01%+57,705+6.3%Added
Marshall Wace, LLP929,611$6.25M0.01%+879,016+1,737.4%Added
HRT Financial LP834,223$5.61M0.02%−411,485−33.0%Reduced
Bank of New York Mellon Corp796,319$5.35M0.00%+307,074+62.8%Added
Two Sigma Investments, LP623,812$4.19M0.01%−78,188−11.1%Reduced
Jane Street Group, LLC517,643$3.48M0.00%−122,031−19.1%Reduced
BNP Paribas Arbitrage, SA512,929$3.45M0.00%+474,833+1,246.4%Added
Group One Trading, L.P.474,577$3.19M0.09%+96,335+25.5%Added
Jump Financial, LLC467,102$3.14M0.04%+20,302+4.5%Added
Susquehanna International Group, LLP431,619$2.90M0.00%−298,337−40.9%Reduced
FMR LLC424,941$2.86M0.00%+96,300+29.3%Added
Canada Pension Plan Investment Board393,700$2.65M0.00%+14,400+3.8%Added
Balyasny Asset Management LLC384,991$2.59M0.00%+26,864+7.5%Added
Rafferty Asset Management, LLC329,486$2.21M0.01%+71,000+27.5%Added
Nuveen, LLC328,762$2.21M0.00%00.0%Unchanged
First Trust Advisors LP297,319$2.00M0.00%+102,328+52.5%Added
Swiss National Bank272,100$1.83M0.00%−10,500−3.7%Reduced
Brevan Howard Capital Management LP271,099$1.82M0.03%+271,099New
Invesco Ltd.259,380$1.74M0.00%+29,704+12.9%Added
UBS Asset Management Americas Inc248,989$1.67M0.00%−40,685−14.0%Reduced
Massachusetts Financial Services Co199,106$1.34M0.00%+102,945+107.1%Added
Farallon Capital Management, L.L.C.195,000$1.31M0.01%−585,000−75.0%Reduced
Rhumbline Advisers189,755$1.28M0.00%−32,320−14.6%Reduced
Eversept Partners, LP181,220$1.22M0.07%−61,964−25.5%Reduced
Walleye Trading LLC172,680$1.16M0.02%+43,167+33.3%Added
Wells Fargo & Company166,549$1.12M0.00%−162,679−49.4%Reduced
Alliancebernstein L.P.163,213$1.10M0.00%−157−0.1%Reduced
Jacobs Levy Equity Management, Inc159,013$1.07M0.00%+41,305+35.1%Added
Price T Rowe Associates Inc157,944$1.06M0.00%−33,122−17.3%Reduced
Legal & General Group Plc152,225$1.02M0.00%−3,518−2.3%Reduced
AQR Capital Management LLC146,733$986.0K0.00%−32,977−18.4%Reduced
Jupiter Asset Management Ltd146,120$981.9K0.01%+45,512+45.2%Added
Caption Management, LLC139,050$934.4K0.04%+139,050New
Alps Advisors Inc133,432$896.7K0.01%+57,675+76.1%Added
California State Teachers Retirement System133,404$896.5K0.00%−132−0.1%Reduced
NewEdge Wealth, LLC130,239$875.2K0.01%−39,761−23.4%Reduced
Profund Advisors LLC121,693$817.8K0.02%+65,631+117.1%Added
Deutsche Bank AG119,924$805.9K0.00%+4,904+4.3%Added
Voleon Capital Management LP118,752$798.0K0.02%+118,752New
Zurcher Kantonalbank (Zurich Cantonalbank)113,623$763.5K0.00%+6,034+5.6%Added
Ares Systematic Credit Ltd112,387$755.2K0.62%+112,387New
Schonfeld Strategic Advisors LLC110,035$739.4K0.00%+52,089+89.9%Added
Atom Investors LP108,168$726.9K0.06%+108,168New
Intech Investment Management LLC107,302$721.1K0.01%+15,932+17.4%Added
STRS Ohio106,000$712.3K0.00%+19,400+22.4%Added
Virtus Investment Advisers, Inc.104,019$699.0K0.19%+41,866+67.4%Added
Headlands Technologies LLC100,283$673.9K0.06%−222,747−69.0%Reduced
Vontobel Holding Ltd.99,953$671.7K0.00%+37,720+60.6%Added
Aquatic Capital Management LLC98,349$660.9K0.02%+98,349New
Freestone Grove Partners LP97,000$651.8K0.00%+97,000New
Martingale Asset Management L P94,757$636.8K0.02%+105+0.1%Added
Walleye Capital LLC89,559$601.8K0.00%+76,525+587.1%Added
Mitsubishi UFJ Trust & Banking Corp89,182$599.3K0.00%+55,110+161.7%Added
Mirae Asset Global ETFs Holdings Ltd.88,734$596.3K0.00%+5,958+7.2%Added
Raymond James Financial Inc84,070$564.9K0.00%−3,436−3.9%Reduced
MetLife Investment Management80,540$541.2K0.00%−10,570−11.6%Reduced
IMC-Chicago, LLC78,083$524.7K0.01%+78,083New
Thrivent Financial for Lutherans76,587$515.0K0.00%+76,587New
JPMorgan Chase & Co72,205$485.2K0.00%−813−1.1%Reduced
Citigroup Inc69,925$469.9K0.00%+43,511+164.7%Added
Manufacturers Life Insurance Company, The69,821$469.2K0.00%−4,726−6.3%Reduced
Skaana Management L.P.68,300$459.0K0.25%+68,300New
Creative Planning62,729$421.5K0.00%−36,373−36.7%Reduced
Janus Henderson Group PLC60,815$409.0K0.00%00.0%Unchanged
State of Wisconsin Investment Board60,406$405.9K0.00%−6,126−9.2%Reduced
HSBC Holdings PLC58,781$394.4K0.00%+58,781New
ProShare Advisors LLC51,710$347.5K0.00%+3,532+7.3%Added
Commonwealth Equity Services, LLC50,098$336.7K0.00%−174−0.3%Reduced
LPL Financial LLC49,172$330.4K0.00%−6,199−11.2%Reduced
Private Advisor Group, LLC46,669$313.6K0.00%+1,986+4.4%Added
Advisor Group Holdings, Inc.45,801$307.8K0.00%−3,522−7.1%Reduced
DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main43,716$294.1K0.00%+18,463+73.1%Added
Man Group plc43,121$289.8K0.00%+43,121New
New York State Common Retirement Fund42,355$284.6K0.00%00.0%Unchanged
Police & Firemen's Retirement System of New Jersey41,446$278.5K0.00%00.0%Unchanged
Graham Capital Management, L.P.40,620$273.0K0.01%+33,756+491.8%Added
Ashton Thomas Private Wealth, LLC40,571$272.6K0.01%−567−1.4%Reduced
VARCOV Co.39,064$262.5K0.10%+39,064New
Mitsubishi UFJ Kokusai Asset Management Co., Ltd.36,620$261.1K0.00%+5,820+18.9%Added
Russell Investments Group, Ltd.38,713$260.1K0.00%−2,591−6.3%Reduced
Arizona State Retirement System38,546$259.0K0.00%−4,561−10.6%Reduced