ARDELYX INC

Ticker: ARDX CUSIP: 039697107 Class: Common Stock

Brevan Howard Capital Management LP's Holding History (CIK: 0001512857)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 69,423 Value ($000) $405 Avg Close $5.57 Range $4.71 - $6.73

Q1 2025

Shares 40,016 Value ($000) $196 Avg Close $5.37 Range $4.67 - $6.55

Q4 2024

Shares 21,361 Value ($000) $108 Avg Close $5.52 Range $4.32 - $7.04

Q1 2024

Shares 19,323 Value ($000) $141 Avg Close $8.55 Range $5.92 - $10.13

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	69,423	$405	$5.57	$4.71 - $6.73
Q1 2025	40,016	$196	$5.37	$4.67 - $6.55
Q4 2024	21,361	$108	$5.52	$4.32 - $7.04
Q1 2024	19,323	$141	$8.55	$5.92 - $10.13