Provention Bio (PRVB)

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	44.04 mm	44.04 mm	44.04 mm	44.04 mm	44.04 mm	44.04 mm
Cash burn (monthly)	19.45 mm	2.85 mm	13.39 mm	10.68 mm	2.66 mm	6.28 mm
Cash used (since last report)	462.37 mm	67.66 mm	318.34 mm	253.92 mm	63.20 mm	149.40 mm
Cash remaining	-418.33 mm	-23.62 mm	-274.30 mm	-209.88 mm	-19.16 mm	-105.36 mm
Runway (months of cash)	-21.5	-8.3	-20.5	-19.7	-7.2	-16.8

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q1 2023

PRVB institutional ownership history Ownership history

85.0% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	184	138	+33.3%
Opened positions	75	41	+82.9%
Closed positions	29	17	+70.6%
Increased positions	51	57	-10.5%
Reduced positions	37	18	+105.6%

13F shares	Current	Prev Q	Change
Total value	1.41 tn	472.77 bn	+198.6%
Total shares	80.56 mm	66.86 mm	+20.5%
Total puts	822.00 k	233.30 k	+252.3%
Total calls	635.95 k	1.01 mm	-37.1%
Total put/call ratio	1.3	0.2	+460.0%

Largest owners	Shares	Value	Change
Sessa Capital	17.76 mm	$427.97 mm	-1.7%
Sessa Capital IM	8.88 mm	$213.98 bn	-40.3%
BLK BlackRock	5.67 mm	$136.56 bn	+1.6%
Vanguard	4.18 mm	$100.70 bn	+0.9%
Adage Capital Partners GP, L.L.C.	3.64 mm	$87.75 bn	+44.5%
Pentwater Capital Management	3.14 mm	$75.55 bn	NEW
Ubs Oconnor	2.93 mm	$70.49 bn	NEW
AMGN Amgen	2.50 mm	$42.35 mm	0.0%
STT State Street	1.73 mm	$41.75 bn	+11.2%
Magnetar Financial	1.48 mm	$35.78 bn	NEW

Largest transactions	Shares	Bought/sold	Change
Sessa Capital IM	8.88 mm	-6.00 mm	-40.3%
Pentwater Capital Management	3.14 mm	+3.14 mm	NEW
Ubs Oconnor	2.93 mm	+2.93 mm	NEW
Magnetar Financial	1.48 mm	+1.48 mm	NEW
Alpine Associates Management	1.36 mm	+1.36 mm	NEW
Adage Capital Partners GP, L.L.C.	3.64 mm	+1.12 mm	+44.5%
VR Adviser	0.00	-1.12 mm	EXIT
Water Island Capital	953.41 k	+953.41 k	NEW
Verition Fund Management	0.00	-838.72 k	EXIT
PSquared Asset Management	766.18 k	+766.18 k	NEW

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.