As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Regeneron Pharmaceuticals: Allianz Asset Management GmbH, Twin Tree Management LP, IMC Chicago LLC, Union Bancaire Privee UBP SA, Covenant Asset Management LLC, Baader Bank Aktiengesellschaft, Quaker Wealth Management LLC, Jane Street Group LLC, Goldman Sachs Group Inc., Parallax Volatility Advisers L.P., Millennium Management LLC, Cubist Systematic Strategies LLC, Nomura Holdings Inc., Twin Tree Management LP, BNP Paribas Financial Markets, Eisler Capital Management Ltd., Jane Street Group LLC, Walleye Trading LLC, Walleye Capital LLC, Capital Fund Management S.A., Persistent Asset Partners Ltd, Arrowpoint Investment Partners Singapore Pte. Ltd., JPMorgan Chase & Co., Citigroup Inc., Readystate Asset Management LP, Allianz Asset Management GmbH, and Covenant Asset Management LLC. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.