GrailGRAL

13F holders, Q3 2024 (September 30)
311holders −60
85new positions
142sold out
6famous investors
$12.77avg. 13F price*

At the end of Q3 2024, 311 institutions reported holding Grail Inc. (GRAL) in their 13F filings, down 60 from Q2 2024. 85 opened new positions and 142 sold out. The largest holders were Sessa Capital IM, L.P. ($41.3M), Primecap Management Co. ($30.0M) and CRCM LP ($26.4M). 6 famous investors held it, including Paul Tudor Jones (0.0% of Tudor Investment Corporation's portfolio), Cliff Asness (0.0% of AQR Capital Management's portfolio) and Mario Gabelli (0.0% of GAMCO Investors's portfolio).

Company
Grail Inc.
CUSIP
384747101
Latest filing quarter
Q2 2026

History

Number of 13F holders

0100200300400500 Q1 2024: 2Q1 2024Q2 2024: 371Q2 2024Q3 2024: 311Q3 2024Q4 2024: 333Q4 2024Q1 2025: 314Q1 2025Q2 2025: 344Q2 2025Q3 2025: 348Q3 2025Q4 2025: 425Q4 2025Q1 2026: 366Q1 2026Q2 2026: 375Q2 2026

Total Exit/New Position Q2 2024 → Q3 2024

InstitutionsTotal Value
New Positions85$23.0M
Exits142$70.3M

All 13F filers, Q2 2024 → Q3 2024: 8,319,578 shares bought and 7,846,931 shares sold, net +472,647 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.

Ownership 311 holders

Sessa Capital IM, L.P. 1.58% Add +22.4% 3,000,000 $41.3M
Primecap Management Co. 0.02% Add +17.0% 2,182,506 $30.0M
CRCM LP 17.09% Add +266.9% 3,496,026 $26.4M
Vanguard Group Inc. 0.00% Add +1.1% 1,516,639 $20.9M
BlackRock, Inc. 0.00% — 1,123,239 $15.5M
One Fin Capital Management LP 3.52% Add +80.6% 650,000 $8.9M
Potrero Capital Research LLC 2.34% New 506,281 $7.0M
AQR Capital Management 0.01% Add +3150.7% 485,817 $6.7M
State Street Corp. 0.00% Reduce -9.8% 436,584 $6.0M
Aberdeen Group plc 0.01% Add +568.4% 428,768 $5.9M
Geode Capital Management, LLC 0.00% Add +0.5% 423,974 $5.8M
Newtyn Management, LLC 0.78% Add +977.1% 369,097 $5.1M
Bank of New York Mellon Corp 0.00% Add +2.0% 366,646 $5.0M
Casdin Capital, LLC 0.32% Add +337.5% 350,000 $4.8M
Morgan Stanley 0.00% Reduce -65.2% 324,721 $4.5M
Jane Street Group, LLC 0.01% Add +1.7% 324,264 $4.5M
TCW Group Inc. 0.03% Add +598.7% 279,475 $3.8M
Arbiter Partners Capital Management LLC 7.31% Add +92.2% 269,108 $3.7M
Marshall Wace, LLP 0.00% Add +216.6% 256,265 $3.5M
Tudor Investment Corporation 0.04% New 248,786 $3.4M
Nuveen Asset Management, LLC 0.00% Reduce -21.0% 246,753 $3.4M
Caas Capital Management LP 2.10% Reduce -10.7% 222,829 $3.1M
Millennium Management 0.00% Reduce -15.4% 208,387 $2.9M
Empyrean Capital Partners, LP 0.15% No change 176,000 $2.4M
Legal & General Group Plc 0.00% Reduce -7.0% 166,696 $2.3M
Susquehanna International Group, LLP 0.00% Reduce -2.2% 158,889 $2.2M
Commonwealth Equity Services, LLC 0.00% Add +408.0% 154,401 $2.1M
Northern Trust Corp. 0.00% Reduce -5.0% 135,658 $1.9M
Rockefeller Capital Management L.P. 0.00% Add +338.9% 132,099 $1.8M
Douglas Lane & Associates, LLC 0.02% Add +192.9% 120,918 $1.7M
Westwood Holdings Group Inc. 0.01% New 113,720 $1.6M
Bank of Nova Scotia 0.00% New 112,000 $1.5M
Deutsche Bank AG 0.00% Add +199.9% 108,788 $1.5M
Clearline Capital LP 0.13% Reduce -53.1% 105,685 $1.5M
HRT Financial LP 0.01% Add +410.1% 100,464 $1.4M
Shay Capital LLC 0.38% Add +259.5% 93,787 $1.3M
Slow Capital, Inc. 0.19% Add +701.4% 88,352 $1.2M
Squarepoint Ops LLC 0.00% Add +452.7% 88,026 $1.2M
Royal Bank of Canada 0.00% Add +34.3% 75,996 $1.0M
Reynders McVeigh Capital Management, LLC 0.05% New 72,694 $1.0M
Alpine Global Management, LLC 0.25% Add +343.1% 72,239 $994K
Citadel Advisors 0.00% Reduce -76.5% 71,463 $983K
Bank of America Corp. 0.00% Reduce -74.4% 69,435 $955K
180 Wealth Advisors, LLC 0.15% New 68,932 $949K
PGGM Investments 0.01% No change 68,560 $943K
Norges Bank 0.00% Reduce -81.1% 66,342 $913K
JPMorgan Chase & Co. 0.00% Reduce -36.3% 65,995 $908K
Invesco Ltd. 0.00% Reduce -53.6% 54,958 $756K
Swiss National Bank 0.00% Reduce -2.7% 54,500 $750K
Eagle Health Investments LP 0.14% No change 53,124 $731K
Marex Group Ltd 0.02% Add +34.6% 51,351 $707K
BBR Partners, LLC 0.05% Add +42.9% 50,000 $688K
Exchange Traded Concepts, LLC 0.02% Add +3198.3% 49,079 $675K
DAFNA Capital Management LLC 0.16% New 48,800 $671K
Dimensional Fund Advisors LP 0.00% Reduce -5.1% 48,265 $664K
Goldman Sachs Group Inc. 0.00% New 47,849 $658K
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% Reduce -71.0% 43,974 $605K
UBS Group AG 0.00% Reduce -20.2% 42,140 $580K
Schonfeld Strategic Advisors LLC 0.00% Reduce -16.2% 42,105 $579K
Gabelli Funds LLC 0.00% Add +42.8% 38,593 $531K
Pinebridge Investments, L.P. 0.00% New 36,941 $508K
Axq Capital, LP 0.15% New 36,783 $506K
Macquarie Group Ltd. 0.00% Reduce -43.3% 35,747 $492K
PVG Asset Management Corp. 1.85% New 33,397 $460K
Jackson Hole Capital Partners, LLC 0.09% New 33,000 $454K
Stifel Financial Corp. 0.00% New 29,510 $406K
Wesbanco Bank Inc. 0.01% New 29,300 $403K
BNP Paribas Financial Markets 0.00% Reduce -11.0% 29,034 $400K
GAMCO Investors 0.00% Add +33.0% 26,602 $366K
Rhumbline Advisers 0.00% Reduce -8.4% 26,534 $365K
California State Teachers Retirement System 0.00% Reduce -3.8% 26,384 $363K
A. D. Beadell Investment Counsel, Inc. 0.28% Add +8.2% 25,518 $351K
State Board of Administration of Florida Retirement System 0.00% Reduce -13.7% 25,398 $349K
Sherbrooke Park Advisers LLC 0.08% New 24,623 $339K
Charles Schwab Investment Management Inc. 0.00% Reduce -77.0% 24,326 $335K
State of Wyoming 0.05% Add +3013.1% 24,282 $334K
Wilmington Savings Fund Society, FSB 0.01% New 21,516 $296K
Envestnet Asset Management Inc. 0.00% Add +30.2% 21,117 $291K
Allspring Global Investments Holdings, LLC 0.00% Add +15740.6% 21,068 $290K
WIM INVESTMENT MANAGEMENT Ltd 0.12% — 21,000 $289K
Sei Investments Co. 0.00% Reduce -3.2% 20,982 $289K
Man Group plc 0.00% Reduce -21.9% 20,279 $279K
T. Rowe Price Associates Inc. 0.00% Add +5.2% 20,141 $278K
Moloney Securities Asset Management, LLC 0.04% New 19,800 $272K
Barclays PLC 0.00% Reduce -40.8% 19,476 $268K
FMR LLC 0.00% Reduce -62.5% 19,183 $264K
Royal London Asset Management Ltd. 0.00% Add +63.3% 17,014 $234K
Baker Avenue Asset Management, LP 0.01% New 16,112 $222K
Keeley-Teton Advisors, LLC 0.02% Reduce -0.0% 14,643 $201K
Cetera Investment Advisers 0.00% New 14,473 $199K
Alliancebernstein L.P. 0.00% Reduce -5.9% 14,169 $195K
Perigon Wealth Management, LLC 0.01% New 14,052 $193K
American Century Companies Inc. 0.00% New 14,037 $193K
Loomis Sayles & Co. L P 0.00% Reduce -98.1% 13,662 $188K
Chevy Chase Trust Holdings, LLC 0.00% Reduce -56.0% 13,519 $186K
LPL Financial LLC 0.00% New 12,953 $178K
Cambridge Investment Research Advisors, Inc. 0.00% New 12,965 $178K
Catalyst Funds Management Pty Ltd 0.04% Add +2400.0% 12,500 $172K
Janus Henderson Group PLC 0.00% Reduce -16.4% 12,500 $172K
Oppenheimer & Co. Inc. 0.00% New 12,466 $172K
Carson Advisory Inc. 0.11% New 12,400 $171K
Biondo Investment Advisors, LLC 0.02% Reduce -3.9% 12,018 $165K
Teacher Retirement System of Texas 0.00% Reduce -89.4% 11,891 $164K
Treasurer of the State of North Carolina 0.00% Reduce -13.2% 11,600 $160K
Sicart Associates LLC 0.05% No change 10,568 $145K
B & T Capital Management DBA Alpha Capital Management 0.03% New 10,547 $145K
Centiva Capital, LP 0.01% New 10,400 $143K
Altfest L J & Co. Inc. 0.02% New 10,139 $140K
Decheng Capital LLC 0.03% Reduce -46.6% 9,684 $133K
Public Employees Retirement System of Ohio 0.00% Reduce -4.8% 9,643 $133K
Northwest Investment Counselors, LLC 0.03% New 8,941 $123K
Ensign Peak Advisors, Inc 0.00% Reduce -12.4% 8,727 $120K
Citigroup Inc. 0.00% Reduce -72.1% 8,607 $118K
Wellington Shields & Co., LLC 0.03% New 8,241 $113K
Baron Capital (BAMCO) 0.00% Reduce -38.1% 7,923 $109K
Group One Trading LLC 0.00% New 7,824 $108K
Sage Rock Capital Management LP 0.44% New 7,100 $98K
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% Reduce -74.7% 6,946 $96K
Wells Fargo & Company 0.00% Reduce -70.0% 6,778 $93K
Osaic Holdings, Inc. 0.00% Add +307.4% 6,522 $90K
Erste Asset Management GmbH 0.00% Reduce -35.7% 6,168 $88K
Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% Reduce -78.0% 6,148 $85K
China Universal Asset Management Co., Ltd. 0.01% Add +80.9% 5,972 $82K
PNC Financial Services Group, Inc. 0.00% Add +53.5% 4,852 $67K
ADAR1 Capital Management, LLC 0.01% Reduce -79.4% 4,401 $61K
Fjarde Ap-Fonden /Fourth Swedish National Pension Fund 0.00% — 4,332 $60K
Korea Investment CORP 0.00% Reduce -68.6% 3,964 $55K
State of Tennessee, Department of Treasury 0.00% Reduce -66.3% 3,439 $47K
New York State Common Retirement Fund 0.00% Reduce -82.8% 3,296 $45K
Tower Research Capital LLC (TRC) 0.00% Reduce -88.9% 3,213 $44K
Teachers Retirement System of the State of Kentucky 0.00% New 2,979 $41K
Wellington Shields Capital Management, LLC 0.01% New 2,847 $39K
Public Employees Retirement Association of Colorado 0.00% No change 2,817 $39K
Amundi 0.00% New 2,879 $37K
Russell Investments Group, Ltd. 0.00% Reduce -84.3% 2,707 $37K
Storebrand Asset Management As 0.00% No change 2,107 $29K
Covestor Ltd 0.01% New 1,693 $23K
US Bancorp \de 0.00% Reduce -47.4% 1,617 $22K
FNY Investment Advisers, LLC 0.01% Reduce -84.5% 1,555 $21K
KBC Group NV 0.00% Reduce -93.4% 1,585 $21K
CCLA Investment Management 0.00% No change 1,345 $20K
Amalgamated Bank 0.00% Reduce -0.1% 1,353 $19K
Sterling Capital Management LLC 0.00% — 1,365 $19K
IMA Advisory Services, Inc. 0.00% New 1,327 $18K
Mirae Asset Global Investments Co., Ltd. 0.00% Reduce -90.4% 1,123 $16K
Sittner & Nelson, LLC 0.01% No change 994 $14K
Cwm, LLC 0.00% New 977 $13K
Fourpath Capital Management, LLC 0.00% New 911 $13K
Hartford Financial Management Inc. 0.00% Add +1900.0% 900 $12K
Jones Financial Companies LLLP 0.00% New 744 $11K
Whittier Trust Co. 0.00% New 733 $10K
Signaturefd, LLC 0.00% Add +208.1% 724 $10K
S.A. Mason LLC 0.01% New 703 $10K
Washington Trust Advisors, Inc. 0.00% Reduce -11.3% 693 $10K
True Wealth Design, LLC 0.00% New 665 $9K
Groupama Asset Managment 0.00% Add +60.5% 740 $8K
Comerica Bank 0.00% Reduce -95.5% 538 $7K
Swedbank AB 0.00% Reduce -99.5% 511 $7K
Van Eck Associates Corp. 0.00% Reduce -98.0% 501 $7K
AdvisorNet Financial, Inc 0.00% Add +16800.0% 507 $7K
GAMMA Investing LLC 0.00% Add +73.5% 505 $7K
MetLife Investment Management, LLC 0.00% Reduce -2.1% 465 $6K
Crewe Advisors LLC 0.00% No change 404 $6K
Westpac Banking Corp. 0.00% No change 400 $6K
NewEdge Advisors, LLC 0.00% Add +427.9% 359 $5K
Leonteq Securities AG 0.00% Reduce -60.4% 348 $5K
CIBC Private Wealth Group LLC 0.00% New 338 $5K
Earned Wealth Advisors, LLC 0.00% New 256 $4K
Steward Partners Investment Advisory, LLC 0.00% Add +43.0% 246 $3K
Banque Cantonale Vaudoise 0.00% New 184 $3K
Bartlett & Co. Wealth Management LLC 0.00% No change 204 $3K
Corebridge Financial, Inc. 0.00% Reduce -90.0% 198 $3K
Advisors Asset Management, Inc. 0.00% Reduce -8.8% 175 $2K
National Bank of Canada 0.00% Reduce -50.0% 171 $2K
Lindbrook Capital, LLC 0.00% Add +18.1% 170 $2K
Resources Management Corp. /CT/ 0.00% Add +25.0% 115 $2K
CI Investments Inc. 0.00% Reduce -80.4% 171 $2K
Blue Trust, Inc. 0.00% New 127 $2K
Parallel Advisors, LLC 0.00% Reduce -34.7% 139 $2K
Towarzystwo Funduszy Inwestycyjnych Pzu SA 0.00% No change 138 $2K
Wiser Advisor Group LLC 0.00% Reduce -3.7% 131 $2K
Ascentis Wealth Management, LLC 0.00% — 123 $2K
Allworth Financial LP 0.00% Reduce -14.9% 120 $2K
Farther Finance Advisors, LLC 0.00% Reduce -23.0% 117 $2K
Arax Advisory Partners 0.00% Add +71.6% 115 $2K
Oarsman Capital, Inc. 0.00% New 109 $2K
NCP Inc. 0.00% New 100 $1K
Birchbrook, Inc. 0.00% Add +66.7% 100 $1K
Knoll Capital Management, LLC 0.00% New 100 $1K
UMB Bank, n.a. 0.00% New 100 $1K
Loring Wolcott & Coolidge Fiduciary Advisors LLP 0.00% No change 104 $1K
TFC Financial Management, Inc. 0.00% Add +520.0% 93 $1K
Financial Perspectives, Inc 0.00% Reduce -7.2% 90 $1K
Plante Moran Financial Advisors, LLC 0.00% No change 88 $1K
Daiwa Securities Group Inc. 0.00% Reduce -98.0% 98 $1K
Jaffetilchin Investment Partners, LLC 0.00% New 72 $991
Rothschild Investment LLC 0.00% Reduce -39.8% 71 $977
Quadrant Capital Group LLC 0.00% Reduce -55.6% 71 $977
IFP Advisors, Inc 0.00% Add +360.0% 69 $950
EverSource Wealth Advisors, LLC 0.00% Reduce -8.0% 69 $949
Salem Investment Counselors Inc. 0.00% No change 66 $909
Northwestern Mutual Wealth Management Co. 0.00% Reduce -90.1% 64 $880
Clearstead Advisors, LLC 0.00% Reduce -22.8% 61 $840
Smartleaf Asset Management LLC 0.00% Add +147.8% 57 $820
Motco 0.00% New 54 $743
Uncommon Cents Investing LLC 0.00% New 50 $688
North Star Investment Management Corp. 0.00% No change 49 $674
Nisa Investment Advisors, LLC 0.00% Reduce -98.7% 46 $633
Brooklyn Investment Group 0.00% New 44 $606
Fifth Third Bancorp 0.00% Reduce -95.2% 39 $537
Tidemark, LLC 0.00% Reduce -56.8% 35 $481
Quent Capital, LLC 0.00% New 34 $468
WFA of San Diego, LLC 0.00% No change 33 $455
Trivant Custom Portfolio Group, LLC 0.00% No change 33 $455
Baldwin Wealth Partners LLC 0.00% No change 33 $454
Whittier Trust Co. of Nevada Inc. 0.00% New 32 $440
Mitsubishi UFJ Asset Management Co., Ltd. 0.00% Reduce -98.2% 32 $440
Federation des caisses Desjardins du Quebec 0.00% Reduce -91.0% 32 $440
St Germain D J Co. Inc. 0.00% New 31 $427
TD Waterhouse Canada Inc. 0.00% Reduce -38.8% 30 $397
Creative Capital Management Investments LLC 0.00% New 28 $385
Deseret Mutual Benefit Administrators 0.00% No change 28 $381
Sunbelt Securities, Inc. 0.00% Reduce -32.5% 27 $372
Riverview Trust Co 0.00% No change 25 $344
Truvestments Capital LLC 0.00% New 25 $344
Clearstead Trust, LLC 0.00% Reduce -46.5% 23 $317
Raleigh Capital Management Inc. 0.00% No change 22 $303
Rise Advisors, LLC 0.00% New 21 $289
LRI Investments, LLC 0.00% Reduce -27.3% 16 $253
TD Private Client Wealth LLC 0.00% Reduce -35.7% 18 $248
Parkside Financial Bank & Trust 0.00% Reduce -58.5% 17 $235
Sandy Spring Bank 0.00% Reduce -10.5% 17 $235
Boyd Watterson Asset Management LLC 0.00% Reduce -46.9% 17 $234
Elevation Wealth Partners, LLC 0.00% New 17 $234
Avior Wealth Management, LLC 0.00% Reduce -97.0% 17 $233
DHJJ Financial Advisors, Ltd. 0.00% New 16 $221
PFS Partners, LLC 0.00% No change 16 $221
Optimum Investment Advisors 0.00% No change 16 $220
First Personal Financial Services 0.00% No change 14 $193
Ransom Advisory, Ltd 0.00% No change 13 $179
Ashton Thomas Securities, LLC 0.00% New 13 $179
Versant Capital Management, Inc 0.00% New 13 $179
SouthState Bank Corp 0.00% No change 12 $165
Harbour Investments, Inc. 0.00% No change 12 $165
Ancora Advisors LLC 0.00% Reduce -50.0% 12 $165
Solstein Capital, LLC 0.00% New 10 $138
Caitlin John, LLC 0.00% No change 8 $127
Johnson Financial Group, Inc. 0.00% Reduce -47.1% 9 $124
Global Trust Asset Management, LLC 0.00% New 9 $124
Larson Financial Group LLC 0.00% No change 9 $124
Manchester Capital Management LLC 0.00% Reduce -38.5% 8 $111
MCF Advisors LLC 0.00% Reduce -38.5% 8 $111
Naples Money Management LLC 0.00% New 8 $110
Broadwater Capital Management LLC 0.00% No change 8 $110
Cullen/Frost Bankers, Inc. 0.00% Reduce -80.5% 8 $110
Valley Wealth Managers, Inc. 0.00% No change 8 $110
CENTRAL TRUST Co 0.00% No change 7 $97
Chilton Capital Management LLC 0.00% Reduce -30.0% 7 $97
Edmond DE Rothschild Holding S.A. 0.00% Reduce -100.0% 7 $91
Partnership Wealth Management, LLC 0.00% New 6 $83
Ridgewood Investments LLC 0.00% New 6 $83
Dunhill Financial, LLC 0.00% New 6 $83
Pittenger & Anderson Inc. 0.00% No change 5 $69
GPS Wealth Strategies Group, LLC 0.00% No change 5 $69
Global Retirement Partners, LLC 0.00% Reduce -94.2% 5 $69
Prestige Wealth Management Group LLC 0.00% No change 5 $69
MV Capital Management, Inc. 0.00% Reduce -33.3% 4 $56
Moisand Fitzgerald Tamayo, LLC 0.00% No change 4 $56
Brown, Lisle/Cummings, Inc. 0.00% No change 4 $55
CBIZ Investment Advisory Services, LLC 0.00% No change 4 $55
Huntington National Bank 0.00% New 3 $41
NBT Bank, N.A. 0.00% New 3 $41
Raffa Wealth Management, LLC 0.00% Reduce -96.8% 3 $41
Carolina Wealth Advisors, LLC 0.00% New 3 $41
Activest Wealth Management 0.00% Reduce -62.5% 3 $41
Fairscale Capital, LLC 0.00% No change 3 $41
Abich Financial Wealth Management LLC 0.00% No change 2 $28
Toronto Dominion Bank 0.00% Reduce -99.8% 2 $28
WASHINGTON TRUST Co 0.00% New 2 $28
Credit Agricole S A 0.00% New 200 $28
FinTrust Capital Advisors, LLC 0.00% No change 2 $28
Nvwm, LLC 0.00% No change 2 $28
Costello Asset Management, INC 0.00% No change 2 $28
Key Financial Inc 0.00% No change 2 $28
Signature Resources Capital Management, LLC 0.00% No change 2 $28
Principal Securities, Inc. 0.00% Reduce -94.4% 1 $14
Hollencrest Capital Management 0.00% No change 1 $14
Private Trust Co. NA 0.00% Reduce -97.5% 1 $14
Anfield Capital Management, LLC 0.00% No change 1 $14
Eukles Asset Management 0.00% Reduce -99.9% 1 $14
Wolff Wiese Magana LLC 0.00% No change 1 $14
Eagle Bay Advisors LLC 0.00% Reduce -85.7% 1 $14
Tucker Asset Management LLC 0.00% No change 1 $14
Bell Investment Advisors, Inc 0.00% No change 1 $14
SWAN Capital LLC 0.00% No change 1 $14
Arlington Trust Co LLC 0.00% New 1 $14
Gen-Wealth Partners Inc 0.00% No change 1 $14
Granite FO LLC 0.00% New 1 $14
Concourse Financial Group Securities, Inc. 0.00% Reduce -94.7% 1 $13
ORG Partners LLC 0.00% Reduce -99.2% 1 $13
Smithfield Trust Co 0.00% New 14 $0
Bessemer Group Inc. 0.00% Reduce -93.7% 14 $0
GW&K Investment Management, LLC 0.00% New 7 $0
Pin Oak Investment Advisors Inc. 0.00% No change 2 $0
Lazard Asset Management LLC 0.00% Reduce -98.8% 2 $0
TrinityBridge Ltd 0.00% New 10 $0
Tsfg, LLC 0.00% New 4 $0
Dynamic Wealth Strategies, LLC 0.00% No change 9 $0
Hemington Wealth Management 0.00% New 3 $0
Householder Group Estate & Retirement Specialist, LLC 0.00% New 24 $0
Coston, McIsaac & Partners 0.00% No change 1 $0

"% of holder's portfolio" is GRAL's weight in each manager's 13F, not the share of Grail Inc. the manager owns.