NovoCure

NVCR • NASDAQ

NovoCure is a medical - instruments & supplies company in the healthcare sector on NASDAQ, led by Asaf Danziger, with a market cap of $1.5B. As of Q3 2025, 82% of shares are held by 242 institutional investors, with FMR LLC as the largest holder at 15.0%.

CEOAsaf Danziger

Market Cap$1.5B

Medical - Instruments & Supplies

Healthcare

Employees1.5K

Websitenovocure.com

Country

United States of America

Overview

Overview of institutional ownership in NVCR as of Q3 2025 with a market cap of $1.4B

All Institutions

Institutions: 242
Value Held: $1.2B
Shares Held: 91.4M
Avg Position: $4.9M
Median Position: $315.5K

Hedge Funds

Hedge Funds: 39
Value Held: $257.0M
Shares Held: 19.9M
Avg Position: $6.6M
Median Position: $1.2M

Ownership Breakdown

Institutional (non-HF)

63.95%

$923.8M

Hedge Funds

17.79%

$257.0M

Retail & Other

18.25%

$263.7M

Based on market cap of $1.4B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in NVCR as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
FMR LLC Institution	-	$216.7M 0.01% of portfolio	15.00% 16.8M shares	Q4 2015 Held for 9y 11m	$1.92T
B BlackRock, Inc. Institution	-	$180.2M 0.00% of portfolio	12.48% 13.9M shares	Q1 2016 Held for 9y 8m	$5.67T
VANGUARD GROUP INC Institution	Salim Ramji CEO	$135.1M 0.00% of portfolio	9.35% 10.5M shares	Q4 2015 Held for 9y 11m	$6.69T
Soleus Capital Management, L.P. Hedge Fund•Long/Short	Guy Bezalel Levy CIO	$124.6M 6.81% of portfolio	8.63% 9.6M shares	Q1 2023 Held for 2y 8m	$1.8B
STATE STREET CORP Institution	Ronald P. O'Hanley CEO	$33.7M 0.00% of portfolio	2.34% 2.6M shares	Q4 2015 Held for 9y 11m	$2.88T
GEODE CAPITAL MANAGEMENT LLC ETF Provider	David Kenneth Lane CEO	$32.0M 0.00% of portfolio	2.21% 2.5M shares	Q4 2015 Held for 9y 11m	$1.57T
C Capital World Investors Institution	-	$25.8M 0.00% of portfolio	1.79% 2.0M shares	Q2 2018 Held for 7y 5m	$730.00B
N Nuveen, LLC Institution	-	$22.1M 0.01% of portfolio	1.53% 1.7M shares	Q1 2025 Held for 8 months	$377.89B
Quantinno Capital Management LP Hedge Fund•Market Neutral	Hoon Nmn Kim CIO	$19.7M 0.05% of portfolio	1.36% 1.5M shares	Q4 2023 Held for 1y 11m	$36.6B
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	Dan Michael Berkovitz Chairman	$17.3M 0.01% of portfolio	1.19% 1.3M shares	Q4 2015 Held for 9y 11m	$121.98B

Net Capital Flow

Institutional buying and selling activity for NVCR in Q3 2025

Traded: −$47.1M
Buyers: 137
Sellers: 117
Total Bought: +$159.4M
Total Sold: −$206.4M
Avg Position: $4.1M

Biggest Buyers

Institution	Net Bought	Current Position
Soleus Capital Management, L.P. Hedge Fund•Long/Short	+$35.4M +2.7M shares	$124.6M 9.6M shares
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	+$8.9M +688.7K shares	$17.3M 1.3M shares
N Nuveen, LLC Institution	+$8.8M +681.4K shares	$22.1M 1.7M shares
DIMENSIONAL FUND ADVISORS LP Long Only Manager	+$7.0M +539.6K shares	$7.3M 565.8K shares
ALGERT COLDIRON INVESTORS LLC Hedge Fund•Quant	+$7.0M +538.2K shares	$8.8M 682.9K shares
D D. E. Shaw & Co., Inc. Institution	+$6.0M +465.9K shares	$6.3M 486.5K shares
SCHRODER INVESTMENT MANAGEMENT GROUP RIA/Wealth	+$5.7M +444.7K shares	$5.7M 444.7K shares
Sio Capital Management, LLC Hedge Fund•Long/Short	+$5.3M +413.8K shares	$5.3M 413.8K shares
Vestal Point Capital, LP Hedge Fund•Long/Short	+$5.2M +400.0K shares	$5.2M 400.0K shares
TUDOR INVESTMENT CORP ET AL Hedge Fund•Multi-Strategy	+$4.6M +354.2K shares	$7.8M 606.1K shares

Biggest Sellers

Institution	Net Sold	Current Position
C Capital World Investors Institution	−$56.6M −4.4M shares	$25.8M 2.0M shares
BALYASNY ASSET MANAGEMENT LLC Hedge Fund•Multi-Strategy	−$40.4M −2.3M shares	Sold Off 0 shares
DEERFIELD MANAGEMENT CO /NY Hedge Fund•Long/Short	−$14.7M −825.1K shares	Sold Off 0 shares
Granite Investment Partners, LLC Long Only Manager	−$10.8M −604.0K shares	Sold Off 0 shares
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	−$8.7M −670.6K shares	$2.9M 223.6K shares
A AXA Institution	−$6.6M −371.8K shares	Sold Off 0 shares
Marshall Wace LLP Institution	−$4.9M −379.6K shares	$13.4M 1.0M shares
Point72 Asset Management, L.P. Hedge Fund•Multi-Strategy	−$4.6M −353.4K shares	$1.5M 116.6K shares
VANGUARD GROUP INC Institution	−$3.8M −296.6K shares	$135.1M 10.5M shares
Edgestream Partners, L.P. Hedge Fund•Quant Macro	−$3.7M −208.3K shares	Sold Off 0 shares

Entry and Exit Activity

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

New Positions: 20
New Value: $14.5M
Exited Positions: 43
Exited Value: $90.6M

New Positions

Institution	Position Value
Sio Capital Management, LLC Hedge Fund•Long/Short	$5.3M 413.8K shares
Vestal Point Capital, LP Hedge Fund•Long/Short	$5.2M 400.0K shares
HOHIMER WEALTH MANAGEMENT, LLC RIA/Wealth	$989.7K 76.6K shares
B Bryce Point Capital, LLC Hedge Fund•Market Neutral	$632.8K 49.0K shares
Aaron Wealth Advisors LLC RIA/Wealth	$493.9K 38.2K shares
A ADAR1 Capital Management, LLC Hedge Fund•Long/Short	$439.3K 34.0K shares
Catalytic Wealth RIA, LLC RIA/Wealth	$297.4K 23.0K shares
FourThought Financial Partners, LLC RIA/Wealth	$267.2K 20.7K shares
Kovitz Investment Group Partners, LLC RIA/Wealth	$252.9K 19.6K shares
Voleon Capital Management LP Hedge Fund•Quant	$230.6K 17.8K shares

Exited Positions

Institution	Previous Position
BALYASNY ASSET MANAGEMENT LLC Hedge Fund•Multi-Strategy	$40.4M 2.3M shares
DEERFIELD MANAGEMENT CO /NY Hedge Fund•Long/Short	$14.7M 825.1K shares
Granite Investment Partners, LLC Long Only Manager	$10.8M 604.0K shares
A AXA Institution	$6.6M 371.8K shares
Edgestream Partners, L.P. Hedge Fund•Quant Macro	$3.7M 208.3K shares
Taylor Frigon Capital Management LLC RIA/Wealth	$2.1M 120.2K shares
SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC Hedge Fund•Distressed	$2.1M 116.4K shares
C Colony Group, LLC Institution	$1.7M 93.8K shares
PANAGORA ASSET MANAGEMENT INC Hedge Fund•Quant	$1.5M 83.3K shares
MACKENZIE FINANCIAL CORP Long Only Manager	$1.2M 66.2K shares

Options Activity

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

Call Positions: 9
Call Value: $16.3M
Put Positions: 7
Put Value: $3.2M

Call Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$6.3M 4.9K contracts
J JANE STREET GROUP, LLC Institution	$3.2M 2.5K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$2.9M 2.2K contracts
Caption Management, LLC Hedge Fund•Long/Short	$1.3M 1.0K contracts
N NOMURA HOLDINGS INC Institution	$1.0M 777.0 contracts
WELLS FARGO & COMPANY/MN Institution	$646.0K 500.0 contracts
W WOLVERINE TRADING, LLC Institution	$603.4K 467.0 contracts
A ADAR1 Capital Management, LLC Hedge Fund•Long/Short	$387.6K 300.0 contracts
Walleye Trading Advisors, LLC Hedge Fund•Multi-Strategy	$11.6K 9.0 contracts

Put Positions

Institution	Position Value
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$1.5M 1.2K contracts
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$1.2M 953.0 contracts
W WOLVERINE TRADING, LLC Institution	$215.8K 167.0 contracts
D D. E. Shaw & Co., Inc. Institution	$196.4K 152.0 contracts
Walleye Trading Advisors, LLC Hedge Fund•Multi-Strategy	$1.3K 1.0 contracts
WOLVERINE ASSET MANAGEMENT LLC Hedge Fund•Multi-Strategy	$1.3K 1.0 contracts
J JANE STREET GROUP, LLC Institution	- - contracts

Most Committed Institutions

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

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
Soleus Capital Management, L.P. Hedge Fund•Long/Short	Guy Bezalel Levy CIO	6.81% $124.6M	8.63% 9.6M shares	Q1 2023 Held for 2y 8m	$1.8B
P Palo Alto Investors, LLC Hedge Fund•Long/Short	Angela Elizabeth Nguyen-Dinh CCO	3.00% $16.2M	1.12% 1.3M shares	Q1 2023 Held for 2y 8m	$540.4M
Sio Capital Management, LLC Hedge Fund•Long/Short	Judah Zvi Drillick CEO	1.35% $5.3M	0.37% 413.8K shares	Q3 2025 Held for 2 months	$395.2M
B Birchview Capital, LP Hedge Fund•Value	Matthew William Strobeck CIO	1.01% $1.3M	0.09% 102.1K shares	Q2 2024 Held for 1y 5m	$130.3M
B Bryce Point Capital, LLC Hedge Fund•Market Neutral	Gil Maor Managing Partner	0.77% $632.8K	0.04% 49.0K shares	Q3 2025 Held for 2 months	$81.9M
N Nordwand Advisors, LLC RIA/Wealth	James Francis Martin CEO	0.53% $3.3M	0.23% 256.6K shares	Q4 2022 Held for 2y 11m	$630.5M
C Corton Capital Inc. Institution	-	0.43% $175.9K	0.01% 13.6K shares	Q3 2025 Held for 2 months	$40.6M
WASHINGTON CAPITAL MANAGEMENT INC Real Assets	Cory Alan Carlson CEO	0.29% $400.5K	0.03% 31.0K shares	Q2 2025 Held for 5 months	$139.8M
Vestal Point Capital, LP Hedge Fund•Long/Short	Ryan Christopher Wilder CIO	0.26% $5.2M	0.36% 400.0K shares	Q3 2025 Held for 2 months	$2.0B
H HUSSMAN STRATEGIC ADVISORS, INC. Institution	John Peter Hussman President	0.24% $1.1M	0.08% 84.0K shares	Q1 2025 Held for 8 months	$458.6M

Hedge Fund Spotlight

Discover hedge funds investing in NVCR

FOX RUN MANAGEMENT, L.L.C.

Hedge Fund • Quant

Portfolio ManagerSandeep Kumar

Portfolio Value: $640.3M
Positions: 870
Last Reported: Q3 2025

Sector Allocation

Position in NovoCure

Market Value: $604.9K
Shares Held: 46.8K
Portfolio Weight: 0.09%
Owned Since: 2025-Q2

Top Holding	Sector	Market Value	Weight
1 Energy Select Sector SPDR Fund XLE	ETF ETF	$7.7M	1.20%
2 Financial Select Sector SPDR Fund XLF	ETF ETF	$4.3M	0.67%
3 iShares U.S. Real Estate IYR	ETF ETF	$3.9M	0.61%