$NVAX

$10.02 +$0.62 (6.54%) Live

$NVAX Overview Financial Statements SEC Filings Executives News Red Flags Capital Raising Ownership Insider Transactions Congressional Trades

Ownership

13F as of Q2 2026 · 164.9M shares outstanding

Who owns NVAX?

By type of holder

Institutions 70.9% Insiders 0.7% Everyone else 28.5%

Concentration Top 10 holders own 50.4%

Shah Capital Management 8.6% · BlackRock, Inc. 8.5%

Institutional ownership

70.9%

+0.1 pts vs last qtr

Institutional holders

266

+8 vs last qtr

Net shares bought

+238.7K

by institutions in Q2 2026

New / sold out

44 / 36

positions opened vs closed

How is ownership changing?

Institutions, last 8 quarters

Biggest buyers in Q2 2026

Two Sigma Investments, LP +3.5M
State Street Corp +2.8M

Biggest sellers in Q2 2026

Bank Of America Corp /de/ −3.2M
UBS Group AG −2.6M

Who is planning to sell?

Notices of proposed sale, last 12 months

$531K

2 notices from 1 person

Shares covered

51.4K

0.03% of the company

Arranged in advance

of the value is under a 10b5-1 plan

Under a 10b5-1 plan No plan

Largest proposed sellers

Ruxandra Draghia Akli Former officer $531K

Every notice on Red Flags →

A Form 144 is notice of a planned sale, not the sale itself. What insiders actually sold is on Insider Transactions.

Is your stake being diluted?

Diluted share count, FY2019–FY2025

+618.3%

+38.90% a year

Each share's claim on the business

−86.1%

shrank without buying or selling a share

Spent on buybacks vs paid in stock

— vs $629M

over 7 fiscal years

Diluted shares, split-adjusted

Buybacks Stock-based comp

How patient are the owners?

Institutional shares by how long they've been held

5+ years55% 3–5 years13% 1–3 years20% Under 1 year11%

Quarterly turnover

15.7%

of institutional shares changed hands

Top 10 managers, median time held

5 years

Super Investors

Investment managers reporting NVAX on Form 13F

Holder	Shares	% of company	Change vs last qtr	Held since	% of their book
SC Shah Capital Management 13D · 6.4%	14.2M	8.59%	−679.5K (−4.6%)	2022	25.4%
Shares held by quarter Peak holding14.8M (Q1'26) Change over 8 quarters+4.4M Share of the company8.590% Disclosed stake13D · 6.4% Shah Capital Management's full portfolio →
B BlackRock, Inc.	13.9M	8.46%	+1.1M (+8.6%)	≤2021	0.0%
Shares held by quarter Peak holding13.9M (Q2'26) Change over 8 quarters+1.4M Share of the company8.460% BlackRock, Inc.'s full portfolio →

Shah Capital Management

13D · 6.4%

14.2M

% of company

8.59%

Change vs last qtr

−679.5K (−4.6%)

Held since

2022

BlackRock, Inc.

13.9M

% of company

8.46%

Change vs last qtr

+1.1M (+8.6%)

Held since

≤2021

28 more super investors behind a free account

See every manager holding Novavax, Inc., how their position has changed, and how long they've held it.

Institutional Funds

Mutual funds and ETFs reporting NVAX on Form N-PORT; together they hold 26.1% of the company

Fund	Position value	Shares	% of company	% of the fund	As of
SS State Street(R) SPDR(R) S&P(R) Biotech ETF SPDR Series Trust	$70.9M	7.5M	4.56%	0.66%	June 30, 2026
VT Vanguard Total Stock Market Index Fund Vanguard Index Funds	$49M	5.2M	3.15%	0.00%	June 30, 2026

State Street(R) SPDR(R) S&P(R) Biotech ETF

SPDR Series Trust

Position value

$70.9M

% of company

4.56%

% of the fund

0.66%

As of

June 30, 2026

Vanguard Total Stock Market Index Fund

Vanguard Index Funds

Position value

$49M

% of company

3.15%

% of the fund

0.00%

As of

June 30, 2026

23 more funds behind a free account

See every fund holding Novavax, Inc. and how much of the fund the position is.

Insiders and 5%+ holders

From Forms 3/4/5 and Schedules 13D/G

Holder	Shares	% of company	Change vs last qtr	8 quarters	Held since	% of their book
HH Himanshu H. Shah 5%+ holder 13D · 6.5%	10.7M	6.46%	—	—	—	—
This holder reports through Schedule 13D/G, not a quarterly 13F. Share of the company6.460% Disclosed stake13D · 6.5% View the 13D/G filing →
JJ Jacobs John C Insider	225.7K	0.14%	—	—	—	—
Insider holdings come from Form 3/4/5 filings, which are not quarterly. Share of the company0.140% Jacobs John C's insider activity →

Himanshu H. Shah

5%+ holder13D · 6.5%

10.7M

% of company

6.46%

Change vs last qtr

—

Held since

—

Jacobs John C

Insider

225.7K

% of company

0.14%

Change vs last qtr

—

Held since

—

15 more holders behind a free account

See every insider and 5%+ holder of Novavax, Inc..

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