Renaissance Reports 5.63% Stake in Innoviva

Renaissance Technologies LLC and Renaissance Technologies Holdings Corporation reported a significant ownership stake in Innoviva, Inc. common stock.

Rhea-AI Filing Summary

Renaissance Technologies LLC and Renaissance Technologies Holdings Corporation reported a significant ownership stake in Innoviva, Inc. common stock. As of 12/31/2025, they beneficially owned 4,210,172 shares, representing 5.63% of the outstanding common stock, with sole voting and dispositive power over these shares.

The firms state the securities were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control of Innoviva. Certain funds managed by Renaissance Technologies LLC have the right to receive dividends and sale proceeds from these shares.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What stake in Innoviva (INVA) does Renaissance Technologies report in this Schedule 13G/A?

Renaissance Technologies reports beneficial ownership of 4,210,172 Innoviva common shares, representing 5.63% of the class as of December 31, 2025. They hold sole voting and dispositive power over these shares, indicating a sizable but non-controlling institutional position.

Who are the reporting persons in the Innoviva (INVA) Schedule 13G/A Amendment No. 8?

The reporting persons are Renaissance Technologies LLC and Renaissance Technologies Holdings Corporation, both organized in Delaware. They jointly report beneficial ownership of Innoviva common stock and share the same principal business address at 800 Third Avenue, New York, New York 10022.

How much voting and dispositive power does Renaissance have over Innoviva (INVA) shares?

Renaissance reports sole power to vote and dispose of 4,210,172 Innoviva common shares and no shared voting or dispositive power. This means all voting and sale decisions for this 5.63% stake are controlled solely by the reporting entities, not jointly with other parties.

Is Renaissance Technologies seeking to influence control of Innoviva (INVA) with this stake?

Renaissance states the Innoviva shares were acquired and are held in the ordinary course of business, not to change or influence control of the company. The filing specifies they are not participating in transactions aimed at control, other than limited nomination-related activities described under regulatory rules.

Which investors benefit economically from Renaissance’s Innoviva (INVA) holdings?

The filing explains that certain funds managed by Renaissance Technologies LLC have the right to receive dividends and proceeds from the sale of the Innoviva shares. Thus, while Renaissance controls voting and disposition, underlying fund investors benefit economically from income and any realized gains.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 02/12/2026 - 02:14 PM Learn about SEC filing dates

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 8)

Innoviva, Inc.

(Name of Issuer)

Common Stock, par value $0.01 per share

(Title of Class of Securities)

45781M101

(CUSIP Number)

12/31/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 45781M101

1

Names of Reporting Persons

Renaissance Technologies LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 4,210,172.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 4,210,172.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

4,210,172.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

5.63 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

CUSIP No. 45781M101

1

Names of Reporting Persons

Renaissance Technologies Holdings Corporation

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 4,210,172.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 4,210,172.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

4,210,172.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

5.63 %

12

Type of Reporting Person (See Instructions)

HC

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Innoviva, Inc.
(b)	Address of issuer's principal executive offices: 1350 OLD BAYSHORE HIGHWAY, SUITE 400, BURLINGAME, CA 94010
Item 2.
(a)	Name of person filing: This Schedule 13G is being filed by Renaissance Technologies LLC ("RTC") and Renaissance Technologies Holdings Corporation ("RTHC").
(b)	Address or principal business office or, if none, residence: 800 Third Avenue New York, New York 10022
(c)	Citizenship: RTC is a Delaware limited liability company, and RTHC is a Delaware corporation.
(d)	Title of class of securities: Common Stock, par value $0.01 per share
(e)	CUSIP No.: 45781M101
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 4210172
(b)	Percent of class: 5.63 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 4210172
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 4210172
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required. Certain funds managed by RTC have the right to receive dividends and proceeds from the sale of the securities which are the subject of this report.
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Renaissance Technologies LLC

Signature:	Brian Felczak
Name/Title:	Chief Financial Officer
Date:	02/12/2026

Renaissance Technologies Holdings Corporation

Signature:	Brian Felczak
Name/Title:	Vice President
Date:	02/12/2026

Exhibit Information

In accordance with Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended, each of the undersigned agrees to the filing on behalf of each of a Statement on Schedule 13G, and all amendments thereto, with respect to the shares of Common Stock, par value $0.01 per share of Innoviva, Inc.