Aurinia Pharmaceuticals

AUPH • NASDAQ

Aurinia Pharmaceuticals is a biotechnology company in the healthcare sector on NASDAQ, led by Dr. George Milne, with a market cap of $2.1B. As of Q3 2025, 50% of shares are held by 235 institutional investors, with TANG CAPITAL MANAGEMENT LLC as the largest holder at 8.61%.

Chief Executive OfficerDr. George Milne

Market Cap$2.1B

Biotechnology

Healthcare

Employees300.0

Websiteauriniapharma.com

Country

United States of America

Overview

Overview of institutional ownership in AUPH as of Q3 2025 with a market cap of $1.5B

All Institutions

Institutions: 235
Value Held: $723.9M
Shares Held: 65.5M
Avg Position: $3.1M
Median Position: $410.2K

Hedge Funds

Hedge Funds: 35
Value Held: $141.4M
Shares Held: 12.8M
Avg Position: $4.0M
Median Position: $904.7K

Ownership Breakdown

Institutional (non-HF)

40.05%

$582.5M

Hedge Funds

9.72%

$141.4M

Retail & Other

50.23%

$730.6M

Based on market cap of $1.5B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in AUPH as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
T TANG CAPITAL MANAGEMENT LLC Institution	-	$125.2M 4.93% of portfolio	8.61% 11.3M shares	Q3 2022 Held for 3y 2m	$2.5B
B BlackRock, Inc. Institution	-	$82.3M 0.00% of portfolio	5.66% 7.4M shares	Q4 2017 Held for 7y 11m	$5.67T
NEA Management Company, LLC Venture Capital	Mohamad Hassan Makhzoumi CEO	$43.9M 2.41% of portfolio	3.02% 4.0M shares	Q3 2014 Held for 11y 2m	$1.8B
ARROWSTREET CAPITAL LIMITED PARTNERSHIP Hedge Fund•Quant	Anthony Ryan CEO	$37.3M 0.02% of portfolio	2.56% 3.4M shares	Q4 2024 Held for 11 months	$158.92B
STATE STREET CORP Institution	Ronald P. O'Hanley CEO	$29.8M 0.00% of portfolio	2.05% 2.7M shares	Q3 2021 Held for 4y 2m	$2.88T
MORGAN STANLEY RIA/Wealth	Jed Finn CEO	$21.5M 0.00% of portfolio	1.48% 1.9M shares	Q2 2015 Held for 10y 5m	$1.65T
VANGUARD GROUP INC Institution	Salim Ramji CEO	$17.2M 0.00% of portfolio	1.18% 1.6M shares	Q4 2017 Held for 7y 11m	$6.69T
GEODE CAPITAL MANAGEMENT LLC ETF Provider	David Kenneth Lane CEO	$16.4M 0.00% of portfolio	1.13% 1.5M shares	Q1 2017 Held for 8y 8m	$1.57T
Marshall Wace LLP Institution	Diana Lj Harrison President	$16.4M 0.02% of portfolio	1.13% 1.5M shares	Q2 2025 Held for 5 months	$90.3B
RENAISSANCE TECHNOLOGIES LLC Hedge Fund•Quant	Peter Fitzhugh Brown CEO	$16.0M 0.02% of portfolio	1.10% 1.4M shares	Q4 2021 Held for 3y 11m	$75.8B

Net Capital Flow

Institutional buying and selling activity for AUPH in Q3 2025

Traded: +$97.4M
Buyers: 110
Sellers: 103
Total Bought: +$162.0M
Total Sold: −$64.6M
Avg Position: $2.8M

Biggest Buyers

Institution	Net Bought	Current Position
ARROWSTREET CAPITAL LIMITED PARTNERSHIP Hedge Fund•Quant	+$25.4M +2.3M shares	$37.3M 3.4M shares
Marshall Wace LLP Institution	+$15.2M +1.4M shares	$16.4M 1.5M shares
T TANG CAPITAL MANAGEMENT LLC Institution	+$14.4M +1.3M shares	$125.2M 11.3M shares
TWO SIGMA INVESTMENTS LLC Hedge Fund•Multi-Strategy	+$13.0M +1.2M shares	$14.8M 1.3M shares
HENDERSON GROUP PLC Institution	+$9.1M +819.6K shares	$11.5M 1.0M shares
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	+$6.5M +585.0K shares	$7.8M 702.7K shares
D D. E. Shaw & Co., Inc. Institution	+$6.3M +568.4K shares	$10.1M 909.9K shares
VOLORIDGE INVESTMENT MANAGEMENT, LLC Hedge Fund•Multi-Strategy	+$5.7M +512.6K shares	$5.7M 512.6K shares
JACOBS LEVY EQUITY MANAGEMENT, INC Hedge Fund•Quant	+$5.2M +471.3K shares	$13.5M 1.2M shares
B BNP PARIBAS ARBITRAGE, SA Institution	+$4.5M +408.3K shares	$4.7M 421.4K shares

Biggest Sellers

Institution	Net Sold	Current Position
ARMISTICE CAPITAL, LLC Hedge Fund•Long/Short	−$13.8M −1.6M shares	Sold Off 0 shares
R READYSTATE ASSET MANAGEMENT LP Hedge Fund•Multi-Strategy	−$5.6M −657.8K shares	Sold Off 0 shares
MORGAN STANLEY RIA/Wealth	−$5.0M −449.5K shares	$21.5M 1.9M shares
LAZARD ASSET MANAGEMENT LLC Long Only Manager	−$4.9M −443.1K shares	$3.9M 355.7K shares
SCHRODER INVESTMENT MANAGEMENT GROUP RIA/Wealth	−$3.6M −329.1K shares	$2.4M 218.7K shares
B BlackRock, Inc. Institution	−$2.7M −244.3K shares	$82.3M 7.4M shares
H HUSSMAN STRATEGIC ADVISORS, INC. Institution	−$2.6M −231.0K shares	$1.4M 126.0K shares
UBS GLOBAL ASSET MANAGEMENT AMERICAS INC Long Only Manager	−$2.5M −225.0K shares	$2.4M 218.5K shares
VANGUARD GROUP INC Institution	−$1.8M −163.4K shares	$17.2M 1.6M shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	−$1.5M −181.8K shares	Sold Off 0 shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited AUPH in Q3 2025

New Positions: 23
New Value: $9.6M
Exited Positions: 20
Exited Value: $23.4M

New Positions

Institution	Position Value
Hood River Capital Management LLC Long Only Manager	$3.0M 269.3K shares
Uniplan Investment Counsel, Inc. RIA/Wealth	$1.0M 91.6K shares
Comprehensive Portfolio Management, LLC RIA/Wealth	$933.9K 84.5K shares
NAVELLIER & ASSOCIATES INC RIA/Wealth	$925.8K 83.8K shares
Precision Wealth Strategies, LLC RIA/Wealth	$685.6K 62.0K shares
S SEI INVESTMENTS CO Institution	$479.9K 43.4K shares
Q Quadrature Capital Ltd Institution	$467.6K 42.3K shares
A AVIVA PLC Institution	$427.4K 38.7K shares
B Baader Bank INC Institution	$343.6K 31.2K shares
THRIVENT FINANCIAL FOR LUTHERANS Insurance Manager	$290.5K 26.3K shares

Exited Positions

Institution	Previous Position
ARMISTICE CAPITAL, LLC Hedge Fund•Long/Short	$13.8M 1.6M shares
R READYSTATE ASSET MANAGEMENT LP Hedge Fund•Multi-Strategy	$5.6M 657.8K shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$1.5M 181.8K shares
S SHERBROOKE PARK ADVISERS LLC Hedge Fund•Quant	$308.9K 36.5K shares
P PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO Institution	$282.3K 33.3K shares
B Brevan Howard Capital Management LP Institution	$261.3K 30.8K shares
D DRW Securities, LLC Institution	$228.8K 27.0K shares
O OXFORD ASSET MANAGEMENT Institution	$227.5K 26.9K shares
Jain Global LLC Hedge Fund•Multi-Strategy	$206.2K 24.3K shares
Aster Capital Management Ltd RIA/Wealth	$196.1K 23.1K shares

Options Activity

Institutions with the largest Call and Put options positions in AUPH as of Q3 2025

Call Positions: 8
Call Value: $10.9M
Put Positions: 9
Put Value: $6.3M

Call Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$4.5M 4.1K contracts
J JANE STREET GROUP, LLC Institution	$4.3M 3.9K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$1.5M 1.4K contracts
Caption Management, LLC Hedge Fund•Long/Short	$469.6K 425.0 contracts
Walleye Trading Advisors, LLC Hedge Fund•Multi-Strategy	$12.2K 11.0 contracts
Hudson Bay Capital Management LP Hedge Fund•Multi-Strategy	$2.2K 2.0 contracts
CITIGROUP INC Institution	- - contracts
W WOLVERINE TRADING, LLC Institution	- - contracts

Put Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$2.2M 2.0K contracts
J JANE STREET GROUP, LLC Institution	$1.6M 1.5K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$1.3M 1.2K contracts
Caption Management, LLC Hedge Fund•Long/Short	$469.6K 425.0 contracts
J J. Goldman & Co LP Hedge Fund•Multi-Strategy	$447.5K 405.0 contracts
Walleye Trading Advisors, LLC Hedge Fund•Multi-Strategy	$286.2K 259.0 contracts
DIADEMA PARTNERS LP Hedge Fund•Long/Short	$7.7K 7.0 contracts
W WOLVERINE TRADING, LLC Institution	- - contracts
CITIGROUP INC Institution	- - contracts

Most Committed Institutions

Institutions with AUPH as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
T TANG CAPITAL MANAGEMENT LLC Institution	-	4.93% $125.2M	8.61% 11.3M shares	Q3 2022 Held for 3y 2m	$2.5B
NEA Management Company, LLC Venture Capital	Mohamad Hassan Makhzoumi CEO	2.41% $43.9M	3.02% 4.0M shares	Q3 2014 Held for 11y 2m	$1.8B
I IRONWOOD INVESTMENT MANAGEMENT LLC Long Only Manager	Donald Collins Managing Partner	0.56% $1.3M	0.09% 114.9K shares	Q1 2017 Held for 8y 8m	$227.0M
City Center Advisors, LLC RIA/Wealth	Alexander Jason Valner President	0.35% $358.6K	0.02% 32.5K shares	Q2 2025 Held for 5 months	$102.9M
R RICE HALL JAMES & ASSOCIATES, LLC Long Only Manager	Thomas W Mcdowell Chairman	0.33% $6.0M	0.41% 542.6K shares	Q1 2025 Held for 8 months	$1.8B
H HUSSMAN STRATEGIC ADVISORS, INC. Institution	John Peter Hussman President	0.30% $1.4M	0.10% 126.0K shares	Q1 2025 Held for 8 months	$458.6M
Precision Wealth Strategies, LLC RIA/Wealth	Darin Jerome Robinson CEO	0.22% $685.6K	0.05% 62.0K shares	Q3 2025 Held for 2 months	$307.8M
PDT Partners, LLC Hedge Fund•Quant	Peter (Nmn) Muller CEO	0.19% $2.9M	0.20% 265.5K shares	Q2 2024 Held for 1y 5m	$1.6B
H HighMark Wealth Management LLC RIA/Wealth	Todd Edward Arens Managing Partner	0.18% $416.5K	0.03% 37.7K shares	Q4 2019 Held for 5y 11m	$227.1M
V Virtus Investment Advisers, Inc. Institution	Daphne Tippens Chisolm President	0.17% $596.7K	0.04% 54.0K shares	Q2 2024 Held for 1y 5m	$348.7M

Hedge Fund Spotlight

Discover hedge funds investing in AUPH

GSA CAPITAL PARTNERS LLP

Hedge Fund • Quant

Portfolio ManagerDavid Khabie-Zeitoune

Portfolio Value: $1.1B
Positions: 1,504
Last Reported: Q3 2025

Sector Allocation

Position in Aurinia Pharmaceuticals

Market Value: $126.7K
Shares Held: 11.5K
Portfolio Weight: 0.01%
Owned Since: 2023-Q2

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