Pharvaris

PHVS • NASDAQ

Pharvaris is a biotechnology company in the healthcare sector on NASDAQ, led by Berndt Modig, with a market cap of $1.6B. As of Q3 2025, 90% of shares are held by 83 institutional investors, with GENERAL ATLANTIC LLC as the largest holder at 12.49%.

Chief Executive OfficerBerndt Modig

Market Cap$1.6B

Biotechnology

Healthcare

Employees82.0

Websitepharvaris.com

Overview

Overview of institutional ownership in PHVS as of Q3 2025 with a market cap of $1.6B

All Institutions

Institutions: 83
Value Held: $1.4B
Shares Held: 57.8M
Avg Position: $17.4M
Median Position: $2.6M

Hedge Funds

Hedge Funds: 26
Value Held: $457.2M
Shares Held: 18.3M
Avg Position: $17.6M
Median Position: $7.3M

Ownership Breakdown

Institutional (non-HF)

61.46%

$985.9M

Hedge Funds

28.5%

$457.2M

Retail & Other

10.04%

$161.1M

Based on market cap of $1.6B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in PHVS as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
G GENERAL ATLANTIC LLC Institution	-	$200.4M 6.02% of portfolio	12.49% 8.0M shares	Q1 2021 Held for 4y 8m	$3.3B
FMR LLC Institution	-	$159.7M 0.01% of portfolio	9.95% 6.4M shares	Q1 2021 Held for 4y 8m	$1.92T
Foresite Capital Management IV, LLC Venture Capital	James Bruce Tananbaum CEO	$119.2M 65.29% of portfolio	7.43% 4.8M shares	Q1 2021 Held for 4y 8m	$182.6M
V venBio Partners LLC Institution	-	$115.8M 65.62% of portfolio	7.22% 4.6M shares	Q1 2021 Held for 4y 8m	$176.4M
VIKING GLOBAL INVESTORS LP Hedge Fund•Long/Short	Ole Andreas Halvorsen CEO	$91.2M 0.24% of portfolio	5.68% 3.7M shares	Q1 2021 Held for 4y 8m	$38.5B
E EQT Fund Management S.a r.l. Institution	-	$85.4M 4.59% of portfolio	5.33% 3.4M shares	Q3 2025 Held for 2 months	$1.9B
B Bain Capital Life Sciences Investors, LLC Institution	-	$79.4M 5.27% of portfolio	4.95% 3.2M shares	Q1 2021 Held for 4y 8m	$1.5B
DEERFIELD MANAGEMENT CO /NY Hedge Fund•Long/Short	James Edward Flynn President	$60.9M 1.01% of portfolio	3.80% 2.4M shares	Q4 2023 Held for 1y 11m	$6.0B
COMMODORE CAPITAL LP Hedge Fund•Long/Short	Michael Jonathan Kramarz Managing Partner	$60.3M 2.95% of portfolio	3.76% 2.4M shares	Q4 2023 Held for 1y 11m	$2.0B
Paradigm Biocapital Advisors LP Hedge Fund•Long/Short	Dr. Senai Nmn Asefaw CIO	$45.8M 1.36% of portfolio	2.85% 1.8M shares	Q2 2025 Held for 5 months	$3.4B

Net Capital Flow

Institutional buying and selling activity for PHVS in Q3 2025

Traded: +$321.9M
Buyers: 69
Sellers: 13
Total Bought: +$374.8M
Total Sold: −$52.9M
Avg Position: $16.2M

Biggest Buyers

Institution	Net Bought	Current Position
E EQT Fund Management S.a r.l. Institution	+$85.4M +3.4M shares	$85.4M 3.4M shares
WELLINGTON MANAGEMENT CO LLP Long Only Manager	+$43.3M +1.7M shares	$43.3M 1.7M shares
FMR LLC Institution	+$24.4M +976.8K shares	$159.7M 6.4M shares
S Saturn V Capital Management LLC Hedge Fund•Sector	+$22.1M +886.3K shares	$22.1M 886.3K shares
Paradigm Biocapital Advisors LP Hedge Fund•Long/Short	+$19.3M +772.6K shares	$45.8M 1.8M shares
K Kynam Capital Management, LP Hedge Fund•Long/Short	+$16.8M +675.0K shares	$16.8M 675.0K shares
BALYASNY ASSET MANAGEMENT LLC Hedge Fund•Multi-Strategy	+$15.6M +625.8K shares	$15.6M 625.8K shares
COMMODORE CAPITAL LP Hedge Fund•Long/Short	+$12.7M +507.0K shares	$60.3M 2.4M shares
G GENERAL ATLANTIC LLC Institution	+$12.5M +500.0K shares	$200.4M 8.0M shares
Point72 Asset Management, L.P. Hedge Fund•Multi-Strategy	+$12.0M +481.8K shares	$13.0M 519.4K shares

Biggest Sellers

Institution	Net Sold	Current Position
VR Adviser, LLC Venture Capital	−$34.3M −1.4M shares	$16.8M 674.6K shares
S SPHERA FUNDS MANAGEMENT LTD. Institution	−$4.8M −190.5K shares	$3.0M 119.4K shares
R Rosalind Advisors, Inc. Institution	−$3.9M −223.6K shares	Sold Off 0 shares
B Bain Capital Life Sciences Investors, LLC Institution	−$3.0M −122.1K shares	$79.4M 3.2M shares
C Cormorant Asset Management, LLC Hedge Fund•Long/Short	−$2.3M −91.5K shares	$34.0M 1.4M shares
Soleus Capital Management, L.P. Hedge Fund•Long/Short	−$2.1M −85.9K shares	$16.1M 647.1K shares
UBS GLOBAL ASSET MANAGEMENT AMERICAS INC Long Only Manager	−$974.6K −55.4K shares	Sold Off 0 shares
A ALPS ADVISORS INC ETF Provider	−$517.4K −29.4K shares	Sold Off 0 shares
NORTHERN TRUST CORP Institution	−$432.0K −17.3K shares	$1.9M 78.0K shares
HighVista Strategies LLC Fund of Funds	−$417.8K −23.7K shares	Sold Off 0 shares

Entry and Exit Activity

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

New Positions: 21
New Value: $225.0M
Exited Positions: 6
Exited Value: $5.9M

New Positions

Institution	Position Value
E EQT Fund Management S.a r.l. Institution	$85.4M 3.4M shares
WELLINGTON MANAGEMENT CO LLP Long Only Manager	$43.3M 1.7M shares
S Saturn V Capital Management LLC Hedge Fund•Sector	$22.1M 886.3K shares
K Kynam Capital Management, LP Hedge Fund•Long/Short	$16.8M 675.0K shares
BALYASNY ASSET MANAGEMENT LLC Hedge Fund•Multi-Strategy	$15.6M 625.8K shares
B BAKER BROS. ADVISORS LP Hedge Fund•Sector	$9.4M 375.0K shares
Polar Capital Holdings Plc Long Only Manager	$6.6M 264.7K shares
Ikarian Capital, LLC Hedge Fund•Event Driven	$5.2M 210.2K shares
Integral Health Asset Management, LLC Hedge Fund•Sector	$5.0M 200.0K shares
G GREAT POINT PARTNERS LLC Private Equity	$3.9M 155.1K shares

Exited Positions

Institution	Previous Position
R Rosalind Advisors, Inc. Institution	$3.9M 223.6K shares
UBS GLOBAL ASSET MANAGEMENT AMERICAS INC Long Only Manager	$974.6K 55.4K shares
A ALPS ADVISORS INC ETF Provider	$517.4K 29.4K shares
HighVista Strategies LLC Fund of Funds	$417.8K 23.7K shares
BARCLAYS PLC Institution	$49.2K 2.8K shares
WELLS FARGO & COMPANY/MN Institution	$17.6K 1.0K shares

Options Activity

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

Call Positions: 0
Call Value: -
Put Positions: 0
Put Value: -

Call Positions

Institution	Position Value
No call positions found

Put Positions

Institution	Position Value
No put positions found

Most Committed Institutions

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

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
V venBio Partners LLC Institution	-	65.62% $115.8M	7.22% 4.6M shares	Q1 2021 Held for 4y 8m	$176.4M
Foresite Capital Management IV, LLC Venture Capital	James Bruce Tananbaum CEO	65.29% $119.2M	7.43% 4.8M shares	Q1 2021 Held for 4y 8m	$182.6M
5 5AM Venture Management, LLC Institution	-	7.29% $19.9M	1.24% 797.6K shares	Q2 2022 Held for 3y 5m	$273.0M
G GENERAL ATLANTIC LLC Institution	-	6.02% $200.4M	12.49% 8.0M shares	Q1 2021 Held for 4y 8m	$3.3B
B Bain Capital Life Sciences Investors, LLC Institution	-	5.27% $79.4M	4.95% 3.2M shares	Q1 2021 Held for 4y 8m	$1.5B
S Saturn V Capital Management LLC Hedge Fund•Sector	Xiaoying (Nmn) Tian Partner	4.85% $22.1M	1.38% 886.3K shares	Q3 2025 Held for 2 months	$456.0M
E EQT Fund Management S.a r.l. Institution	-	4.59% $85.4M	5.33% 3.4M shares	Q3 2025 Held for 2 months	$1.9B
COMMODORE CAPITAL LP Hedge Fund•Long/Short	Michael Jonathan Kramarz Managing Partner	2.95% $60.3M	3.76% 2.4M shares	Q4 2023 Held for 1y 11m	$2.0B
N Novo A/S Institution	-	2.87% $43.7M	2.72% 1.8M shares	Q1 2021 Held for 4y 8m	$1.5B
Octagon Capital Advisors LP Hedge Fund•Sector	Ting (Nmn) Jia Founder	2.83% $18.0M	1.12% 722.6K shares	Q3 2024 Held for 1y 2m	$637.4M

Hedge Fund Spotlight

Discover hedge funds investing in PHVS

DEERFIELD MANAGEMENT CO /NY

Hedge Fund • Long/Short

Portfolio ManagerJames Edward Flynn

Portfolio Value: $6.0B
Positions: 142
Last Reported: Q3 2025

Sector Allocation

Position in Pharvaris

Market Value: $60.9M
Shares Held: 2.4M
Portfolio Weight: 1.01%
Owned Since: 2023-Q4

Top Holding	Sector	Market Value	Weight
1 Nuvalent, Inc. NUVL	Biotechnology Healthcare	$1.6B	25.79%
2 Centene CNC	Medical - Healthcare Plans Healthcare	$322.8M	5.35%
3 Merus N.V. MRUS	Biotechnology Healthcare	$286.9M	4.75%