PALVELLA THERAPEUTICS, INC. (PVLA) — Institutional Holders, Q2 2026

197 institutional investment managers reported a PVLA position on SEC Form 13F-HR for the quarter ended June 30, 2026, with a combined reported value of $2.1B. Every filer is listed below, ranked by position value, 100 per page; this page shows ranks 1 to 100. Put and call option positions are excluded, and a firm filing several lots or share classes is shown once with its total.

← PVLA stock profile

PVLA in Q2 2026: what funds did

Funds that filed a 13F for both Q1 2026 and Q2 2026, by what they did with the common stock. Share counts are adjusted for any split between the two quarters; dollar figures are the change in shares at this quarter’s price.

New positions

Added to

Trimmed

Sold out

Biggest buyers

JENNISON ASSOCIATESAdded · +320,008 sh+$48.9M
PRICE T ROWE ASSOCIATESAdded · +236,304 sh+$36.1M
BlackRockAdded · +231,504 sh+$35.4M
STATE STREETAdded · +194,173 sh+$29.7M
ORBIMED ADVISORSAdded · +157,760 sh+$24.1M

Biggest sellers

BVFTrimmed · -288,200 sh-$44.0M
First Light Asset ManagementTrimmed · -208,857 sh-$31.9M
Artisan Partners Limited PartnershipSold out · -193,796 sh-$29.6M
Alyeska Investment Group, L.P.Trimmed · -177,699 sh-$27.2M
Point72 Asset Management, L.P.Sold out · -88,160 sh-$13.5M

PVLA 13F holders ranked 1–100 of 197

Institutional investors reporting a position in PALVELLA THERAPEUTICS, INC. on SEC Form 13F-HR for Q2 2026, ranked by reported value.
#	Institution	Shares	Value	% of portfolio	QoQShares vs Q1 2026
1	SUVRETTA CAPITAL MANAGEMENT#1 · 1,135,406 sh	1,135,406	$173.5M	3.17%	-1.6%
2	JENNISON ASSOCIATES#2 · 960,619 sh	960,619	$146.8M	0.09%	+50.0%
3	BlackRock#3 · 918,357 sh	918,357	$140.3M	<0.01%	+33.7%
4	Frazier Life Sciences Management, L.P.#4 · 882,400 sh	882,400	$134.8M	2.94%	0.0%
5	First Light Asset Management#5 · 771,901 sh	771,901	$118.0M	7.17%	-21.3%
6	BVF#6 · 672,789 sh	672,789	$102.8M	2.63%	-30.0%
7	STATE STREET#7 · 653,172 sh	653,172	$99.8M	<0.01%	+42.3%
8	PRICE T ROWE ASSOCIATES#8 · 638,868 sh	638,868	$97.6M	<0.01%	+58.7%
9	VANGUARD CAPITAL MANAGEMENT#9 · 513,794 sh	513,794	$78.5M	<0.01%	+7.6%
10	FRONTIER CAPITAL MANAGEMENT#10 · 478,833 sh	478,833	$73.2M	0.68%	+28.0%
11	FEDERATED HERMES#11 · 433,015 sh	433,015	$66.2M	0.10%	0.0%
12	Woodline Partners#12 · 317,517 sh	317,517	$48.5M	0.15%	0.0%
13	ORBIMED ADVISORS#13 · 292,360 sh	292,360	$44.7M	0.83%	+117.2%
14	GEODE CAPITAL MANAGEMENT#14 · 276,164 sh	276,164	$42.2M	<0.01%	+34.3%
15	Siren, L.L.C.#15 · 257,485 sh	257,485	$39.3M	0.80%	0.0%
16	PRIMECAP MANAGEMENT#16 · 256,182 sh	256,182	$39.1M	0.02%	+31.4%
17	EVENTIDE ASSET MANAGEMENT#17 · 231,484 sh	231,484	$35.4M	0.47%	-0.8%
18	EMERALD ADVISERS#18 · 229,486 sh	229,486	$35.1M	0.83%	+42.1%
19	FMR#19 · 214,841 sh	214,841	$32.8M	<0.01%	-0.4%
20	ALLIANCEBERNSTEIN L.P.#20 · 253,168 sh	253,168	$31.6M	0.01%	-3.7%
21	MPM BioImpact#21 · 204,027 sh	204,027	$31.2M	1.90%	-1.2%
22	GOLDMAN SACHS GROUP#22 · 201,514 sh	201,514	$30.8M	<0.01%	+3.8%
23	MORGAN STANLEY#23 · 181,428 sh	181,428	$27.7M	<0.01%	+41.8%
24	First Turn Management#24 · 156,450 sh	156,450	$23.9M	2.56%	+5.6%
25	Bellevue Group AG#25 · 155,000 sh	155,000	$23.7M	0.50%	New
26	EMERALD MUTUAL FUND ADVISERS#26 · 129,847 sh	129,847	$19.8M	0.70%	+22.7%
27	VANGUARD PORTFOLIO MANAGEMENT#27 · 128,962 sh	128,962	$19.7M	<0.01%	+41.9%
28	abrdn plc#28 · 120,238 sh	120,238	$18.4M	0.03%	+48.3%
29	NORTHERN#29 · 97,193 sh	97,193	$14.9M	<0.01%	+51.0%
30	NEXTBio Capital Management#30 · 89,909 sh	89,909	$13.7M	6.32%	+8.7%
31	Clio Asset Management#31 · 86,343 sh	86,343	$13.2M	—	-4.9%
32	Neuberger Berman Group#32 · 83,107 sh	83,107	$12.7M	<0.01%	+69.3%
33	VANGUARD FIDUCIARY#33 · 73,995 sh	73,995	$11.3M	<0.01%	+14.2%
34	UBS Group AG#34 · 72,526 sh	72,526	$11.1M	<0.01%	-30.6%
35	Avidity Partners Management#35 · 70,000 sh	70,000	$10.7M	1.71%	0.0%
36	AWM Investment Company#36 · 69,416 sh	69,416	$10.6M	0.92%	0.0%
37	UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AME#37 · 67,469 sh	67,469	$10.3M	<0.01%	-3.5%
38	SEVEN GRAND MANAGERS#38 · 60,000 sh	60,000	$9.2M	0.37%	0.0%
39	Clearbridge Investments#39 · 59,341 sh	59,341	$9.1M	<0.01%	-0.1%
40	BANK OF AMERICA#40 · 54,554 sh	54,554	$8.3M	<0.01%	+43.7%
41	RENAISSANCE TECHNOLOGIES#41 · 53,270 sh	53,270	$8.1M	0.01%	+196.4%
42	MILLENNIUM MANAGEMENT#42 · 52,212 sh	52,212	$8.0M	<0.01%	-44.2%
43	Ensign Peak Advisors#43 · 51,660 sh	51,660	$7.9M	0.01%	+31.7%
44	HSBC PLC#44 · 50,001 sh	50,001	$7.6M	<0.01%	New
45	Nicholas Investment Partners#45 · 49,718 sh	49,718	$7.6M	0.43%	+80.1%
46	BALYASNY ASSET MANAGEMENT L.P.#46 · 44,536 sh	44,536	$6.8M	<0.01%	-54.0%
47	Lisanti Capital Growth#47 · 42,975 sh	42,975	$6.6M	1.44%	+3.7%
48	WCM INVESTMENT MANAGEMENT#48 · 40,140 sh	40,140	$6.2M	0.01%	+0.4%
49	ROYCE & ASSOCIATES#49 · 40,509 sh	40,509	$6.2M	0.05%	+28.6%
50	SILVERCREST ASSET MANAGEMENT GROUP#50 · 39,865 sh	39,865	$6.1M	0.04%	New
51	Jump Financial#51 · 39,413 sh	39,413	$6.0M	0.05%	+484.5%
52	APIS CAPITAL ADVISORS#52 · 39,000 sh	39,000	$6.0M	0.58%	-56.2%
53	Blue Owl Capital#53 · 36,259 sh	36,259	$5.5M	0.83%	+16.0%
54	WELLINGTON MANAGEMENT GROUP LLP#54 · 35,594 sh	35,594	$5.4M	<0.01%	+4.6%
55	FIFTH THIRD BANCORP#55 · 35,585 sh	35,585	$5.4M	<0.01%	+78.4%
56	Invesco Ltd.#56 · 33,652 sh	33,652	$5.1M	<0.01%	-30.7%
57	CHARLES SCHWAB INVESTMENT MANAGEMENT#57 · 32,583 sh	32,583	$5.0M	<0.01%	+41.9%
58	FRED ALGER MANAGEMENT#58 · 31,424 sh	31,424	$4.8M	0.02%	+48.0%
59	MUTUAL OF AMERICA CAPITAL MANAGEMENT#59 · 31,318 sh	31,318	$4.8M	—	New
60	Bank of New York Mellon#60 · 30,587 sh	30,587	$4.7M	<0.01%	+69.5%
61	Nuveen#61 · 25,231 sh	25,231	$3.9M	<0.01%	+21.1%
62	ADAGE CAPITAL PARTNERS GP, L.L.C.#62 · 25,000 sh	25,000	$3.8M	<0.01%	0.0%
63	NOMURA#63 · 23,963 sh	23,963	$3.7M	<0.01%	-0.2%
64	RAYMOND JAMES FINANCIAL#64 · 23,663 sh	23,663	$3.6M	<0.01%	-7.0%
65	Legato Capital Management#65 · 23,490 sh	23,490	$3.6M	0.30%	+46.6%
66	TD ASSET MANAGEMENT#66 · 22,746 sh	22,746	$3.5M	<0.01%	0.0%
67	ACT CAPITAL MANAGEMENT#67 · 22,500 sh	22,500	$3.4M	2.25%	New
68	Russell Investments Group, Ltd.#68 · 22,345 sh	22,345	$3.4M	<0.01%	+65.2%
69	Swiss National Bank#69 · 19,400 sh	19,400	$3.0M	<0.01%	0.0%
70	Informed Momentum#70 · 18,849 sh	18,849	$2.9M	0.26%	-35.7%
71	F/m Investments#71 · 17,446 sh	17,446	$2.7M	0.14%	+26.1%
72	SUSQUEHANNA INTERNATIONAL GROUP, LLP#72 · 17,397 sh	17,397	$2.7M	<0.01%	-7.5%
73	MANUFACTURERS LIFE INSURANCE COMPANY, THE#73 · 15,545 sh	15,545	$2.4M	<0.01%	-13.2%
74	CITIGROUP#74 · 15,493 sh	15,493	$2.4M	<0.01%	+518.7%
75	ALPS ADVISORS#75 · 14,356 sh	14,356	$2.2M	0.01%	+29.0%
76	Capricorn Fund Managers Ltd#76 · 14,088 sh	14,088	$2.2M	0.17%	New
77	RHUMBLINE ADVISERS#77 · 13,528 sh	13,528	$2.1M	<0.01%	+48.2%
78	Trexquant Investment#78 · 13,495 sh	13,495	$2.1M	0.01%	-63.2%
79	WELLS FARGO & COMPANY#79 · 13,008 sh	13,008	$2.0M	<0.01%	+123.4%
80	SEI INVESTMENTS#80 · 12,807 sh	12,807	$2.0M	<0.01%	-23.1%
81	TWO SIGMA INVESTMENTS#81 · 12,294 sh	12,294	$1.9M	<0.01%	+151.4%
82	OAK RIDGE INVESTMENTS#82 · 12,038 sh	12,038	$1.8M	0.10%	New
83	DEUTSCHE BANK AG\#83 · 11,838 sh	11,838	$1.8M	<0.01%	+52.1%
84	Cresset Asset Management#84 · 11,629 sh	11,629	$1.8M	<0.01%	-1.9%
85	VICTORY CAPITAL MANAGEMENT#85 · 11,531 sh	11,531	$1.8M	<0.01%	+1.1%
86	Rafferty Asset Management#86 · 11,361 sh	11,361	$1.7M	<0.01%	-22.1%
87	Calamos Advisors#87 · 10,479 sh	10,479	$1.6M	<0.01%	+6.9%
88	NEW YORK STATE COMMON RETIREMENT FUND#88 · 10,430 sh	10,430	$1.6M	<0.01%	-50.7%
89	Mariner#89 · 10,361 sh	10,361	$1.6M	<0.01%	+134.4%
90	Knights of Columbus Asset Advisors#90 · 10,031 sh	10,031	$1.5M	0.08%	+29.3%
91	XTX Topco Ltd#91 · 8,861 sh	8,861	$1.4M	0.02%	+52.0%
92	JPMORGAN CHASE#92 · 8,420 sh	8,420	$1.3M	<0.01%	+52.6%
93	MARTINGALE ASSET MANAGEMENT L P#93 · 8,406 sh	8,406	$1.3M	0.03%	New
94	Legal & General Group Plc#94 · 7,994 sh	7,994	$1.2M	<0.01%	+7.4%
95	TUDOR INVESTMENT ET AL#95 · 7,906 sh	7,906	$1.2M	<0.01%	New
96	MetLife Investment Management#96 · 6,405 sh	6,405	$978.8K	<0.01%	+50.4%
97	VANGUARD ASSET MANAGEMENT, Ltd#97 · 6,399 sh	6,399	$977.9K	<0.01%	0.0%
98	STATE OF WISCONSIN INVESTMENT BOARD#98 · 6,392 sh	6,392	$976.8K	<0.01%	+7.8%
99	MIRAE ASSET GLOBAL ETFS Ltd.#99 · 6,372 sh	6,372	$976.4K	<0.01%	+35.9%
100	Vanguard Global Advisers#100 · 6,209 sh	6,209	$948.9K	<0.01%	0.0%

Funds that sold out of PVLA in Q2 2026 (21)

Held PVLA at the end of Q1 2026 and filed a Q2 2026 13F without it. Not in the list above, because they no longer hold it. Largest prior position first.

Institutions that held PVLA in Q1 2026 and reported no position in Q2 2026.
Institution	Shares sold	Value in Q1 2026
Artisan Partners Limited Partnership193,796 sh	193,796	$24.2M
Point72 Asset Management, L.P.88,160 sh	88,160	$11.0M
Ikarian Capital64,626 sh	64,626	$8.1M
Samsara BioCapital38,432 sh	38,432	$4.8M
BlueCrest Capital Management Ltd20,000 sh	20,000	$2.5M
BOOTHBAY FUND MANAGEMENT18,962 sh	18,962	$2.4M
Quadrature Capital Ltd8,232 sh	8,232	$1.0M
Arete Wealth Advisors17,470 sh	17,470	$1.0M
Virtu Financial7,726 sh	7,726	$963.0K
Aquatic Capital Management6,652 sh	6,652	$829.2K
HighVista Strategies5,903 sh	5,903	$735.8K
Prosight Management5,000 sh	5,000	$623.3K
Hudson Bay Capital Management2,140 sh	2,140	$266.8K
Swiss Life Asset Management Ltd471 sh	471	$259.7K
MANGROVE PARTNERS IM1,791 sh	1,791	$223.2K
DARK FOREST CAPITAL MANAGEMENT1,606 sh	1,606	$200.2K
QUADRANT CAPITAL GROUP20 sh	20	$50.2K
Caitong International Asset Management , Ltd180 sh	180	$22.4K
TWIN PEAKS WEALTH ADVISORS7 sh	7	$873.00
Western Wealth Management6 sh	6	$748.00
Ameritas Advisory Services1 sh	1	$125.00

Source: Form 13F-HR filings on SEC EDGAR, Q2 2026. Values are as reported by each manager at quarter end. “% of portfolio” is the position’s share of the manager’s total reported 13F value for the same quarter. “New” means the manager filed a 13F for Q1 2026 without this position; a dash means no comparison is available. Where a manager’s own filing is internally inconsistent its value is withheld and it is listed last. 13F data shows reported holdings, not recommendations.