Dynavax Technologies
DVAX
DVAX was delisted on the 9th of February, 2026.
284 hedge funds and large institutions have $1.66B invested in Dynavax Technologies in 2025 Q1 according to their latest regulatory filings, with 44 funds opening new positions, 93 increasing their positions, 100 reducing their positions, and 16 closing their positions.
175% more first-time investments, than exits
New positions opened: 44 | Existing positions closed: 16
121% more call options, than puts
Call options by funds: $7.3M | Put options by funds: $3.3M
11% more funds holding
Funds holding: 256 → 284 (+28)
3.6% more ownership
Funds ownership: 99.31% → 102.91% (+3.6%)
1% less capital invested
Capital invested by funds: $1.67B → $1.66B (-$10.7M)
7% less repeat investments, than reductions
Existing positions increased: 93 | Existing positions reduced: 100
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCM
Tang Capital Management
San Diego,
California
|
+$51.6M |
| 2 |
Marshall Wace
London,
United Kingdom
|
+$11.6M |
| 3 |
Two Sigma Advisers
New York
|
+$10.4M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$7.91M |
| 5 |
D.E. Shaw & Co
New York
|
+$7.52M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KCM
Kynam Capital Management
Princeton,
New Jersey
|
-$52.1M |
| 2 |
Goldman Sachs
New York
|
-$19.8M |
| 3 |
MMA
Mizuho Markets Americas
New York
|
-$15M |
| 4 |
Morgan Stanley
New York
|
-$13.3M |
| 5 |
State Street
Boston,
Massachusetts
|
-$13.3M |
DVAX Hedge Fund Activity: Q1 2025 in Review
284 of the 7,476 institutional investors tracked by Wall St. Rank reported a position in Dynavax Technologies (DVAX) for Q1 2025, worth a combined $1.66B — down 0.64% from $1.67B a quarter earlier.
Buyers outnumbered sellers: 44 funds opened new DVAX positions and 16 closed out — a net gain of 28 holders — while 93 added to existing stakes and 100 trimmed.
The largest buyer was Tang Capital Management, adding an estimated $51.6M. The largest seller was Kynam Capital Management, cutting an estimated $52.1M.
- 284 institutional investors held Dynavax Technologies (DVAX) as of Q1 2025, up from 256 in Q4 2024.
- Funds reported $1.66B of Dynavax Technologies stock for Q1 2025, down 0.64% quarter-over-quarter.
- 44 funds opened new Dynavax Technologies positions in Q1 2025 and 16 closed out, a net change of +28 holders.
- The largest Dynavax Technologies buyer in Q1 2025 was Tang Capital Management, an estimated $51.6M added.
- The largest Dynavax Technologies seller in Q1 2025 was Kynam Capital Management, an estimated $52.1M sold.
Based on aggregated 13F filings for Q1 2025.