VALNEVA SE

Ticker: VALN CUSIP: 92025Y103 Class: ADR

Holders for Q4 2025 Position Changes for Q4 2025

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

New Positions (4)

XTX Topco Ltd
Value ($000) $94 Shares 10,634
China Universal Asset Management Co., Ltd.
Value ($000) $44 Shares 5,000
Clearstead Advisors, LLC
Value ($000) $0 Shares 48
Smartleaf Asset Management LLC
Value ($000) $0 Shares 43

Increased Positions (4)

MORGAN STANLEY
Value ($000) $379 (-5.8%) Shares 42,981 (+30.3%)
CITADEL ADVISORS LLC
Value ($000) $207 (+3.5%) Shares 23,494 (+43.2%)
RHUMBLINE ADVISERS
Value ($000) $16 (+485.0%) Shares 1,763 (+708.7%)
OSAIC HOLDINGS, INC.
Value ($000) $14 (+102.6%) Shares 1,555 (+180.2%)

Decreased Positions (6)

Novo Holdings A/S
Value ($000) $20,330 (-28.9%) Shares 2,305,000 (-1.7%)
WELLS FARGO & COMPANY/MN
Value ($000) $1,089 (-42.0%) Shares 123,463 (-19.8%)
JPMORGAN CHASE & CO
Value ($000) $83 (-33.3%) Shares 9,396 (-7.7%)
GAMMA Investing LLC
Value ($000) $16 (-36.6%) Shares 1,857 (-12.3%)
UBS Group AG
Value ($000) $2 (-68.9%) Shares 203 (-57.0%)
EverSource Wealth Advisors, LLC
Value ($000) $1 (-29.2%) Shares 98 (-2.0%)

Exited Positions (2)

VSM Wealth Advisory, LLC
Value ($000) $110 Shares 9,000
MARSHALL WACE, LLP
Value ($000) $381 Shares 31,211