Dynavax Technologies
DVAX
DVAX was delisted on the 9th of February, 2026.
268 hedge funds and large institutions have $1.14B invested in Dynavax Technologies in 2025 Q2 according to their latest regulatory filings, with 42 funds opening new positions, 67 increasing their positions, 122 reducing their positions, and 55 closing their positions.
346% more call options, than puts
Call options by funds: $3.43M | Put options by funds: $768K
6% less funds holding
Funds holding: 284 → 268 (-16)
7.39% less ownership
Funds ownership: 102.91% → 95.51% (-7.4%)
24% less first-time investments, than exits
New positions opened: 42 | Existing positions closed: 55
31% less capital invested
Capital invested by funds: $1.66B → $1.14B (-$519M)
45% less repeat investments, than reductions
Existing positions increased: 67 | Existing positions reduced: 122
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$14.6M |
| 2 |
EP
Eversept Partners
New York
|
+$12.6M |
| 3 |
Two Sigma Advisers
New York
|
+$10.7M |
| 4 |
Marshall Wace
London,
United Kingdom
|
+$9.9M |
| 5 |
GLA
Great Lakes Advisors
Chicago,
Illinois
|
+$6.83M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DM
Deerfield Management
New York
|
-$67.3M |
| 2 |
TCM
Tang Capital Management
San Diego,
California
|
-$40M |
| 3 |
BlackRock
New York
|
-$32.1M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$12.9M |
| 5 |
D.E. Shaw & Co
New York
|
-$11.2M |
DVAX Hedge Fund Activity: Q2 2025 in Review
268 of the 7,603 institutional investors tracked by Wall St. Rank reported a position in Dynavax Technologies (DVAX) for Q2 2025, worth a combined $1.14B — down 31% from $1.66B a quarter earlier.
Sellers outnumbered buyers: 55 funds closed out of DVAX and 42 opened new positions — a net loss of 13 holders — while 122 trimmed existing stakes and 67 added.
The largest buyer was Millennium Management, adding an estimated $14.6M. The largest seller was Deerfield Management, exiting entirely with an estimated $67.3M sold.
- 268 institutional investors held Dynavax Technologies (DVAX) as of Q2 2025, down from 284 in Q1 2025.
- Funds reported $1.14B of Dynavax Technologies stock for Q2 2025, down 31% quarter-over-quarter.
- 42 funds opened new Dynavax Technologies positions in Q2 2025 and 55 closed out, a net change of -13 holders.
- The largest Dynavax Technologies buyer in Q2 2025 was Millennium Management, an estimated $14.6M added.
- The largest Dynavax Technologies seller in Q2 2025 was Deerfield Management, an estimated $67.3M sold.
Based on aggregated 13F filings for Q2 2025.