Dynavax Technologies

DVAX • NASDAQ

Dynavax Technologies is a drug manufacturers - specialty & generic company in the healthcare sector on NASDAQ, led by Eddie Gray, with a market cap of $1.3B. As of Q3 2025, 97% of shares are held by 263 institutional investors, with BlackRock, Inc. as the largest holder at 13.86%.

Chief Executive OfficerEddie Gray

Market Cap$1.3B

Drug Manufacturers - Specialty & Generic

Healthcare

Employees408.0

Websitedynavax.com

Country

United States of America

Overview

Overview of institutional ownership in DVAX as of Q3 2025 with a market cap of $1.2B

All Institutions

Institutions: 263
Value Held: $1.1B
Shares Held: 113.2M
Avg Position: $4.3M
Median Position: $367.3K

Hedge Funds

Hedge Funds: 45
Value Held: $351.2M
Shares Held: 35.4M
Avg Position: $7.8M
Median Position: $1.1M

Ownership Breakdown

Institutional (non-HF)

66.38%

$772.9M

Hedge Funds

30.16%

$351.2M

Retail & Other

3.47%

$40.4M

Based on market cap of $1.2B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in DVAX as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
B BlackRock, Inc. Institution	-	$161.4M 0.00% of portfolio	13.86% 16.2M shares	≤ Q2 2013 Held for 12y 5m+	$5.67T
Deep Track Capital, LP Hedge Fund•Long/Short	David Eric Kroin CIO	$156.2M 4.44% of portfolio	13.41% 15.7M shares	Q4 2022 Held for 2y 11m	$3.5B
VANGUARD GROUP INC Institution	Salim Ramji CEO	$80.4M 0.00% of portfolio	6.91% 8.1M shares	≤ Q2 2013 Held for 12y 5m+	$6.69T
STATE STREET CORP Institution	Ronald P. O'Hanley CEO	$62.4M 0.00% of portfolio	5.36% 6.3M shares	≤ Q2 2013 Held for 12y 5m+	$2.88T
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	Dan Michael Berkovitz Chairman	$45.0M 0.04% of portfolio	3.86% 4.5M shares	Q4 2017 Held for 7y 11m	$121.98B
Chicago Capital, LLC RIA/Wealth	Eric Scott Maddix Managing Partner	$42.8M 1.05% of portfolio	3.67% 4.3M shares	Q1 2018 Held for 7y 8m	$4.1B
DIMENSIONAL FUND ADVISORS LP Long Only Manager	David Paul Butler CEO	$35.4M 0.01% of portfolio	3.04% 3.6M shares	Q3 2022 Held for 3y 2m	$466.32B
RENAISSANCE TECHNOLOGIES LLC Hedge Fund•Quant	Peter Fitzhugh Brown CEO	$31.2M 0.04% of portfolio	2.68% 3.1M shares	Q3 2021 Held for 4y 2m	$75.8B
GEODE CAPITAL MANAGEMENT LLC ETF Provider	David Kenneth Lane CEO	$25.1M 0.00% of portfolio	2.16% 2.5M shares	≤ Q2 2013 Held for 12y 5m+	$1.57T
B BLAIR WILLIAM & CO/IL Institution	-	$22.1M 0.06% of portfolio	1.90% 2.2M shares	≤ Q2 2013 Held for 12y 5m+	$37.6B

Net Capital Flow

Institutional buying and selling activity for DVAX in Q3 2025

Traded: −$4.8M
Buyers: 114
Sellers: 133
Total Bought: +$100.8M
Total Sold: −$105.6M
Avg Position: $3.9M

Biggest Buyers

Institution	Net Bought	Current Position
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	+$28.9M +2.9M shares	$45.0M 4.5M shares
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	+$7.6M +763.0K shares	$13.5M 1.4M shares
Q Qube Research & Technologies Ltd Institution	+$4.6M +467.4K shares	$7.5M 754.0K shares
Trexquant Investment LP Hedge Fund•Quant	+$4.2M +420.9K shares	$5.6M 566.7K shares
P Pacer Advisors, Inc. Institution	+$3.1M +313.5K shares	$3.2M 322.1K shares
BANK OF AMERICA CORP /DE/ Institution	+$3.0M +298.1K shares	$14.5M 1.5M shares
M Man Group plc Institution	+$2.6M +266.4K shares	$7.1M 714.2K shares
Connor, Clark & Lunn Investment Management Ltd. Long Only Manager	+$2.6M +260.9K shares	$5.1M 513.4K shares
RENAISSANCE TECHNOLOGIES LLC Hedge Fund•Quant	+$2.5M +252.0K shares	$31.2M 3.1M shares
Glenmede Investment Management, LP Long Only Manager	+$2.4M +243.2K shares	$12.6M 1.3M shares

Biggest Sellers

Institution	Net Sold	Current Position
Deep Track Capital, LP Hedge Fund•Long/Short	−$20.5M −2.1M shares	$156.2M 15.7M shares
Woodline Partners LP Hedge Fund•Long/Short	−$10.0M −1.0M shares	Sold Off 0 shares
B BlackRock, Inc. Institution	−$9.9M −997.3K shares	$161.4M 16.2M shares
Chicago Capital, LLC RIA/Wealth	−$9.1M −919.1K shares	$42.8M 4.3M shares
Eversept Partners, LLC Hedge Fund•Long/Short	−$5.0M −503.7K shares	$6.9M 693.5K shares
TWO SIGMA INVESTMENTS LLC Hedge Fund•Multi-Strategy	−$4.2M −425.8K shares	$14.2M 1.4M shares
TWO SIGMA ADVISERS, LLC Hedge Fund•Multi-Strategy	−$3.6M −358.5K shares	$15.7M 1.6M shares
D D. E. Shaw & Co., Inc. Institution	−$3.5M −348.0K shares	$10.7M 1.1M shares
VANGUARD GROUP INC Institution	−$3.2M −327.2K shares	$80.4M 8.1M shares
GREAT LAKES ADVISORS, LLC Long Only Manager	−$3.1M −310.2K shares	$3.4M 338.1K shares

Entry and Exit Activity

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

New Positions: 16
New Value: $1.9M
Exited Positions: 26
Exited Value: $14.7M

New Positions

Institution	Position Value
Q Quantedge Capital Pte Ltd Institution	$525.3K 52.9K shares
A AXQ CAPITAL, LP Hedge Fund•Market Neutral	$353.7K 35.6K shares
V Vise Technologies, Inc. Institution	$231.3K 23.3K shares
Round Rock Advisors, LLC RIA/Wealth	$187.1K 18.4K shares
Holocene Advisors, LP Hedge Fund•Long/Short	$186.4K 18.8K shares
F FIDUCIARY TRUST CO Institution	$126.5K 12.7K shares
Summit Global Investments Long Only Manager	$112.9K 11.4K shares
L LSV ASSET MANAGEMENT Long Only Manager	$89.4K 9.0K shares
JPL Wealth Management, LLC RIA/Wealth	$20.7K 2.1K shares
TFC Financial Management RIA/Wealth	$19.9K 2.0K shares

Exited Positions

Institution	Previous Position
Woodline Partners LP Hedge Fund•Long/Short	$10.0M 1.0M shares
KENNEDY CAPITAL MANAGEMENT, INC. Long Only Manager	$1.1M 113.3K shares
ALGERT COLDIRON INVESTORS LLC Hedge Fund•Quant	$831.8K 83.8K shares
FIRST TRUST ADVISORS LP ETF Provider	$454.8K 45.8K shares
T TEXAS PERMANENT SCHOOL FUND Institution	$369.3K 37.2K shares
S State of Wyoming Institution	$304.3K 30.7K shares
jvl associates llc RIA/Wealth	$288.9K 29.1K shares
B Bryce Point Capital, LLC Hedge Fund•Market Neutral	$259.2K 26.1K shares
Blueshift Asset Management, LLC Hedge Fund•Quant	$216.5K 21.8K shares
Palumbo Wealth Management LLC RIA/Wealth	$149.4K 15.1K shares

Options Activity

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

Call Positions: 7
Call Value: $2.5M
Put Positions: 7
Put Value: $2.9M

Call Positions

Institution	Position Value
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$1.3M 1.3K contracts
W WOLVERINE TRADING, LLC Institution	$291.7K 302.0 contracts
Walleye Trading Advisors, LLC Hedge Fund•Multi-Strategy	$255.2K 257.0 contracts
DLD Asset Management, LP Hedge Fund•Multi-Strategy	$189.6K 191.0 contracts
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$184.7K 186.0 contracts
Walleye Trading LLC RIA/Wealth	$182.7K 184.0 contracts
J JANE STREET GROUP, LLC Institution	$122.1K 123.0 contracts

Put Positions

Institution	Position Value
GOLDMAN SACHS GROUP INC Institution	$2.4M 2.4K contracts
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$164.8K 166.0 contracts
WOLVERINE ASSET MANAGEMENT LLC Hedge Fund•Multi-Strategy	$136.0K 137.0 contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$106.3K 107.0 contracts
Walleye Trading Advisors, LLC Hedge Fund•Multi-Strategy	$28.8K 29.0 contracts
Walleye Trading LLC RIA/Wealth	$993.0 1.0 contracts
J JANE STREET GROUP, LLC Institution	- - contracts

Most Committed Institutions

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

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
Deep Track Capital, LP Hedge Fund•Long/Short	David Eric Kroin CIO	4.44% $156.2M	13.41% 15.7M shares	Q4 2022 Held for 2y 11m	$3.5B
K Kynam Capital Management, LP Hedge Fund•Long/Short	Jared Joseph Keller COO	1.59% $21.3M	1.83% 2.1M shares	Q3 2023 Held for 2y 2m	$1.3B
Chicago Capital, LLC RIA/Wealth	Eric Scott Maddix Managing Partner	1.05% $42.8M	3.67% 4.3M shares	Q1 2018 Held for 7y 8m	$4.1B
S Stonepine Capital Management, LLC Institution	-	0.87% $1.1M	0.09% 108.1K shares	Q2 2025 Held for 5 months	$123.0M
Rhenman & Partners Asset Management AB RIA/Wealth	William Eddy Roark Managing Partner	0.85% $7.7M	0.66% 772.0K shares	Q1 2019 Held for 6y 8m	$903.7M
T TANG CAPITAL MANAGEMENT LLC Institution	-	0.76% $19.4M	1.66% 1.9M shares	Q3 2022 Held for 3y 2m	$2.5B
Eversept Partners, LLC Hedge Fund•Long/Short	Rishi Rasesh Shah President	0.53% $6.9M	0.59% 693.5K shares	Q2 2025 Held for 5 months	$1.3B
HighVista Strategies LLC Fund of Funds	Richard P Vishton CFO	0.46% $1.9M	0.16% 192.8K shares	Q3 2023 Held for 2y 2m	$413.3M
Parkman Healthcare Partners LLC Hedge Fund•Long/Short	Gregory Arthur Martinez CIO	0.30% $2.7M	0.23% 271.3K shares	Q4 2023 Held for 1y 11m	$910.1M
Q Quantedge Capital Pte Ltd Institution	-	0.29% $525.3K	0.05% 52.9K shares	Q3 2025 Held for 2 months	$182.7M

Hedge Fund Spotlight

Discover hedge funds investing in DVAX

Kynam Capital Management, LP

Hedge Fund • Long/Short

Portfolio ManagerJared Joseph Keller

Portfolio Value: $1.3B
Positions: 35
Last Reported: Q3 2025

Sector Allocation

Position in Dynavax Technologies

Market Value: $21.3M
Shares Held: 2.1M
Portfolio Weight: 1.59%
Owned Since: 2023-Q3

Top Holding	Sector	Market Value	Weight
1 Celldex Therapeutics CLDX	Biotechnology Healthcare	$157.8M	11.75%
2 Syndax Pharmaceuticals SNDX	Biotechnology Healthcare	$131.1M	9.76%
3 Vera Therapeutics VERA	Biotechnology Healthcare	$117.0M	8.71%