Bavarian Nordic Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

CPSE:BAVA Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Role	Shares	Max Price
06 Sep 24	SellDKK 24,101,116	Paul Chaplin	Individual		98,855	DKK 243.80
22 Aug 24	SellDKK 55,194	Karen Merete Jensen	Individual		200	DKK 275.97

Insider Trading Volume

Insider Buying: BAVA insiders have only sold shares in the past 3 months.

Ownership Breakdown

What is the ownership structure of BAVA?
Owner Type	Number of Shares	Ownership Percentage
Individual Insiders	134,594	0.171%
Institutions	20,720,821	26.4%
General Public	57,689,345	73.4%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 27.91% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
10%	Arbejdsmarkedets Tillægspension (Atp)	7,887,947	DKK 1.3b	0%	12.37%
3.4%	The Vanguard Group, Inc.	2,667,776	DKK 451.1m	13.1%	no data
2.34%	Dimensional Fund Advisors LP	1,838,526	DKK 310.9m	0.1%	0.01%
1.98%	Norges Bank Investment Management	1,551,765	DKK 262.4m	0%	no data
1.88%	BlackRock, Inc.	1,477,313	DKK 249.8m	1.08%	no data
0.98%	Bi Asset Management FondsmÆGlerselskab A/S	769,127	DKK 130.1m	6.37%	0.18%
0.93%	Polar Capital Holdings Plc	728,331	DKK 123.2m	0%	0.07%
0.92%	Handelsbanken Asset Management	722,387	DKK 122.2m	9.06%	0.03%
0.76%	ODDO BHF Asset Management SAS	598,673	DKK 101.2m	0%	0.24%
0.62%	Victory Capital Management Inc.	483,727	DKK 81.8m	0%	0.01%
0.59%	ID-Sparinvest, Filial af Sparinvest S.A., Luxembourg	463,660	DKK 78.4m	0.38%	0.09%
0.43%	Nykredit Asset Management A/S	336,584	DKK 56.9m	-22.9%	0.13%
0.41%	AllianceBernstein L.P.	321,105	DKK 54.3m	-8.43%	no data
0.32%	Nordea Investment Management, AB	252,245	DKK 42.7m	-7.11%	no data
0.3%	Fundamental Fondsmaeglerselskab A/S	232,424	DKK 39.3m	0%	8.65%
0.28%	KBC Asset Management NV	221,702	DKK 37.5m	0%	0.01%
0.23%	Investering & Tryghed A/S	184,000	DKK 31.1m	0%	1.03%
0.23%	Goldman Sachs Asset Management, L.P.	181,417	DKK 30.7m	2,690%	no data
0.22%	Deutsche Asset & Wealth Management	175,266	DKK 29.6m	0.1%	no data
0.2%	Amundi Asset Management SAS	154,642	DKK 26.1m	69.1%	no data
0.18%	J. Lamarck SIM S.p.A.	141,100	DKK 23.9m	0%	3.58%
0.17%	Principal Global Investors, LLC	136,034	DKK 23.0m	-1.99%	no data
0.17%	Sparinvest SA (Luxembourg)	134,200	DKK 22.7m	0%	1.04%
0.17%	Charles Schwab Investment Management, Inc.	132,906	DKK 22.5m	2.06%	no data
0.17%	Danske Bank A/S, Asset Management Arm	132,559	DKK 22.4m	0%	0.01%