$TRVI

$13.35 +$0.84 (6.71%) Close

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

Ownership

13F as of Q2 2026 · 142.5M shares outstanding

Who owns TRVI?

By type of holder

Institutions 100.0% Insiders 0.0% Everyone else 0.0%

Concentration Top 10 holders own 105.8%

Nea 18 Vge GP, LLC 10.6% · NEA Partners 18 VGE, L.P. 10.6%

Institutional ownership

100.0%

+5.3 pts vs last qtr

Institutional holders

217

+19 vs last qtr

Net shares bought

+14.1M

by institutions in Q2 2026

New / sold out

42 / 23

positions opened vs closed

How is ownership changing?

Institutions, last 8 quarters

Biggest buyers in Q2 2026

FMR LLC +4.5M
Woodline Partners LP +3.1M

Biggest sellers in Q2 2026

Viking Global Investors LP −1.7M
Marshall Wace, LLP −1.3M

Who is planning to sell?

Notices of proposed sale, last 12 months

$627K

1 notice from 1 person

Shares covered

39.5K

0.03% of the company

Arranged in advance

100%

of the value is under a 10b5-1 plan

Under a 10b5-1 plan No plan

Largest proposed sellers

Michael Heffernan Director 10b5-1 $627K

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, FY2021–FY2025

+489.9%

+55.85% a year

Each share's claim on the business

−83.0%

shrank without buying or selling a share

Spent on buybacks vs paid in stock

— vs $15.9M

over 5 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+ years24% 3–5 years26% 1–3 years32% Under 1 year18%

Quarterly turnover

14.7%

of institutional shares changed hands

Top 10 managers, median time held

3 years

Super Investors

Investment managers reporting TRVI on Form 13F

Holder	Shares	% of company	Change vs last qtr	Held since	% of their book
NM NEA Management Company, LLC	13.2M	9.28%	Unchanged	≤2021	15.5%
Shares held by quarter Peak holding13.2M (Q2'25) Change over 8 quarters+1.9M Share of the company9.280% NEA Management Company, LLC's full portfolio →
F FMR LLC	12.6M	8.82%	+4.5M (+56.3%)	2023	0.0%
Shares held by quarter Peak holding12.6M (Q2'26) Change over 8 quarters+12.6M Share of the company8.820% FMR LLC's full portfolio →

NEA Management Company, LLC

13.2M

% of company

9.28%

Change vs last qtr

Unchanged

Held since

≤2021

FMR LLC

12.6M

% of company

8.82%

Change vs last qtr

+4.5M (+56.3%)

Held since

2023

28 more super investors behind a free account

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

Institutional Funds

Mutual funds and ETFs reporting TRVI on Form N-PORT; together they hold 26.5% of the company

Fund	Position value	Shares	% of company	% of the fund	As of
VT Vanguard Total Stock Market Index Fund Vanguard Index Funds	$75.5M	4.0M	2.84%	0.00%	June 30, 2026
IR iShares Russell 2000 ETF iShares Trust	$51.3M	2.8M	1.93%	0.06%	June 30, 2026

Vanguard Total Stock Market Index Fund

Vanguard Index Funds

Position value

$75.5M

% of company

2.84%

% of the fund

0.00%

As of

June 30, 2026

iShares Russell 2000 ETF

iShares Trust

Position value

$51.3M

% of company

1.93%

% of the fund

0.06%

As of

June 30, 2026

23 more funds behind a free account

See every fund holding Trevi Therapeutics, 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
N1 Nea 18 Vge GP, LLC 5%+ holder 13D · 10.5%	15.1M	10.58%	—	—	—	—
This holder reports through Schedule 13D/G, not a quarterly 13F. Share of the company10.580% Disclosed stake13D · 10.5% View the 13D/G filing →
NP NEA Partners 18 VGE, L.P. 5%+ holder 13D · 10.5%	15.1M	10.58%	—	—	—	—
This holder reports through Schedule 13D/G, not a quarterly 13F. Share of the company10.580% Disclosed stake13D · 10.5% View the 13D/G filing →

Nea 18 Vge GP, LLC

5%+ holder13D · 10.5%

15.1M

% of company

10.58%

Change vs last qtr

—

Held since

—

NEA Partners 18 VGE, L.P.

5%+ holder13D · 10.5%

15.1M

% of company

10.58%

Change vs last qtr

—

Held since

—

17 more holders behind a free account

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

Comments