Tourmaline BioTRML
13F holders, Q2 2025 (June 30)108holders +1
20new positions
18sold out
2famous investors
$15.99avg. 13F price*
At the end of Q2 2025, 108 institutions reported holding Tourmaline Bio Inc. (TRML) in their 13F filings, up 1 from Q1 2025. 20 opened new positions and 18 sold out. The largest holders were Avoro Capital Advisors LLC ($40.9M), Ra Capital Management, L.P. ($40.6M) and QVT Financial LP ($34.5M). 2 famous investors held it, including Steve Cohen (0.0% of Point72 Asset Management's portfolio) and Israel Englander (0.0% of Millennium Management's portfolio).
- Company
- Tourmaline Bio Inc.
- CUSIP
- 89157D105
- Latest filing quarter
- Q3 2025
History
Number of 13F holders
Total Exit/New Position Q1 2025 → Q2 2025
| Institutions | Total Value | |
|---|---|---|
| New Positions | 20 | $17.4M |
| Exits | 18 | $20.3M |
All 13F filers, Q1 2025 → Q2 2025: 2,787,635 shares bought and 2,671,407 shares sold, net +116,228 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 108 holders
| Avoro Capital Advisors LLC | 0.72% | Add +5.4% | 2,555,555 | $40.9M |
| Ra Capital Management, L.P. | 0.68% | No change | 2,538,925 | $40.6M |
| QVT Financial LP | 5.00% | Add +46.2% | 2,154,653 | $34.5M |
| BlackRock, Inc. | 0.00% | Reduce -8.8% | 1,633,942 | $26.1M |
| TCG Crossover Management, LLC | 2.70% | No change | 1,477,593 | $23.6M |
| Pfizer Inc | 3.53% | No change | 1,272,214 | $20.3M |
| Vanguard Group Inc. | 0.00% | Add +1.4% | 1,207,035 | $19.3M |
| Blue Owl Capital Holdings LP | 5.17% | Reduce -3.9% | 997,107 | $15.9M |
| Octagon Capital Advisors LP | 3.18% | No change | 905,000 | $14.5M |
| Qiming U.S. Ventures Management, LLC | 50.22% | No change | 741,691 | $11.9M |
| Pictet Asset Management Holding SA | 0.01% | Add +62.5% | 682,129 | $10.9M |
| Balyasny Asset Management L.P. | 0.02% | Add +1.9% | 604,561 | $9.7M |
| Vivo Capital, LLC | 0.97% | No change | 591,882 | $9.5M |
| Nantahala Capital Management, LLC | 0.63% | Add +4.8% | 558,187 | $8.9M |
| Geode Capital Management, LLC | 0.00% | Reduce -5.8% | 467,087 | $7.5M |
| State Street Corp. | 0.00% | Add +2.3% | 459,611 | $7.3M |
| Velan Capital Investment Management LP | 6.30% | Reduce -13.5% | 393,889 | $6.3M |
| Morgan Stanley | 0.00% | Add +26.9% | 362,736 | $5.8M |
| Schonfeld Strategic Advisors LLC | 0.04% | Add +17.9% | 353,514 | $5.7M |
| Point72 Asset Management | 0.01% | New | 314,580 | $5.0M |
| Acuta Capital Partners, LLC | 6.33% | Reduce -33.5% | 283,682 | $4.5M |
| Millennium Management | 0.00% | Reduce -9.3% | 243,876 | $3.9M |
| Alyeska Investment Group, L.P. | 0.01% | Add +111.8% | 243,744 | $3.9M |
| UBS Group AG | 0.00% | Add +2.6% | 229,400 | $3.7M |
| Nan Fung Trinity (hk) Ltd. | 0.43% | New | 227,090 | $3.6M |
| Goldman Sachs Group Inc. | 0.00% | Add +116.7% | 179,721 | $2.9M |
| Northern Trust Corp. | 0.00% | Reduce -14.5% | 173,276 | $2.8M |
| Adage Capital Partners Gp, L.L.C. | 0.00% | Reduce -72.9% | 135,637 | $2.2M |
| Bank of America Corp. | 0.00% | Reduce -46.2% | 127,371 | $2.0M |
| Royal Bank of Canada | 0.00% | Add +8128.5% | 121,946 | $1.9M |
| Sectoral Asset Management Inc. | 1.23% | New | 116,510 | $1.9M |
| Dimensional Fund Advisors LP | 0.00% | New | 113,891 | $1.8M |
| Silverarc Capital Management, LLC | 0.36% | New | 109,257 | $1.7M |
| Siren, L.L.C. | 0.08% | No change | 91,426 | $1.5M |
| Polymer Capital Management (HK) LTD | 0.22% | No change | 86,934 | $1.4M |
| Woodline Partners LP | 0.01% | Reduce -46.8% | 85,177 | $1.4M |
| Wellington Management Group LLP | 0.00% | Add +8.5% | 81,076 | $1.3M |
| Nuveen, LLC | 0.00% | Reduce -7.7% | 71,656 | $1.1M |
| Ikarian Capital, LLC | 0.36% | No change | 67,927 | $1.1M |
| SG Americas Securities, LLC | 0.00% | Add +80.1% | 65,156 | $1.0M |
| FMR LLC | 0.00% | Reduce -76.4% | 57,437 | $918K |
| Charles Schwab Investment Management Inc. | 0.00% | Reduce -13.9% | 56,702 | $907K |
| Bank of New York Mellon Corp | 0.00% | Reduce -6.7% | 56,671 | $906K |
| Susquehanna Portfolio Strategies, LLC | 0.02% | New | 51,119 | $817K |
| Barclays PLC | 0.00% | Add +39.5% | 44,341 | $709K |
| HighTower Advisors, LLC | 0.00% | Reduce -20.7% | 42,345 | $677K |
| American Century Companies Inc. | 0.00% | Add +12.6% | 40,564 | $649K |
| Verition Fund Management LLC | 0.00% | New | 40,030 | $640K |
| Brown Advisory Inc. | 0.00% | No change | 39,719 | $635K |
| Susquehanna International Group, LLP | 0.00% | Reduce -34.0% | 32,073 | $513K |
| Rhumbline Advisers | 0.00% | Reduce -9.1% | 30,016 | $480K |
| HRT Financial LP | 0.00% | New | 26,876 | $429K |
| Wesbanco Bank Inc. | 0.01% | New | 26,000 | $416K |
| Alliancebernstein L.P. | 0.00% | Add +99.9% | 25,890 | $414K |
| Invesco Ltd. | 0.00% | Add +28.6% | 25,626 | $410K |
| Swiss National Bank | 0.00% | No change | 22,400 | $358K |
| Y-Intercept (Hong Kong) Ltd | 0.01% | New | 22,056 | $353K |
| State of Wisconsin Investment Board | 0.00% | Add +4.8% | 19,822 | $317K |
| Boothbay Fund Management, LLC | 0.01% | No change | 19,559 | $313K |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 0.00% | New | 16,903 | $270K |
| JPMorgan Chase & Co. | 0.00% | Reduce -60.7% | 15,599 | $249K |
| BBR Partners, LLC | 0.01% | Add +50.0% | 15,000 | $240K |
| Deutsche Bank AG | 0.00% | Reduce -18.5% | 14,678 | $235K |
| EntryPoint Capital, LLC | 0.11% | Reduce -44.1% | 13,966 | $223K |
| Franklin Resources Inc. | 0.00% | Add +0.1% | 13,906 | $222K |
| Alps Advisors Inc. | 0.00% | Reduce -20.9% | 13,846 | $221K |
| MetLife Investment Management, LLC | 0.00% | No change | 13,553 | $217K |
| Creative Planning | 0.00% | New | 12,592 | $201K |
| Susquehanna Fundamental Investments, LLC | 0.01% | No change | 12,402 | $198K |
| Wells Fargo & Company | 0.00% | Reduce -11.8% | 12,214 | $195K |
| T. Rowe Price Associates Inc. | 0.00% | Add +5.1% | 10,761 | $173K |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | 0.00% | Reduce -24.5% | 10,421 | $167K |
| California State Teachers Retirement System | 0.00% | Reduce -4.6% | 10,020 | $160K |
| Citigroup Inc. | 0.00% | Reduce -42.4% | 9,794 | $157K |
| Allostery Investments LP | 1.91% | New | 9,356 | $150K |
| Legal & General Group Plc | 0.00% | Reduce -48.1% | 8,017 | $128K |
| New York State Common Retirement Fund | 0.00% | No change | 6,100 | $98K |
| Police & Firemen's Retirement System of New Jersey | 0.00% | No change | 5,564 | $89K |
| Brooklyn Investment Group | 0.01% | Add +33.0% | 5,216 | $83K |
| China Universal Asset Management Co., Ltd. | 0.01% | Add +0.3% | 5,159 | $82K |
| Virtus Investment Advisers, LLC | 0.03% | Reduce -35.2% | 4,725 | $76K |
| Tower Research Capital LLC (TRC) | 0.00% | Add +35.7% | 3,214 | $51K |
| AlphaQuest LLC | 0.00% | Reduce -15.6% | 2,322 | $37K |
| KLP Kapitalforvaltning As | 0.00% | No change | 2,300 | $37K |
| Ameritas Investment Partners, Inc. | 0.00% | No change | 2,262 | $36K |
| BNP Paribas Financial Markets | 0.00% | Add +34.1% | 2,103 | $34K |
| Nisa Investment Advisors, LLC | 0.00% | Reduce -2.0% | 1,551 | $25K |
| Farther Finance Advisors, LLC | 0.00% | Reduce -39.6% | 1,002 | $16K |
| Mirae Asset Global Investments Co., Ltd. | 0.00% | Add +12.9% | 992 | $16K |
| Amalgamated Bank | 0.00% | No change | 799 | $13K |
| GF Fund Management Co. LTD. | 0.00% | No change | 656 | $10K |
| Versant Capital Management, Inc | 0.00% | No change | 600 | $10K |
| Sterling Capital Management LLC | 0.00% | Add +29.1% | 514 | $8K |
| GAMMA Investing LLC | 0.00% | Reduce -9.1% | 449 | $7K |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 0.00% | New | 305 | $5K |
| Caitong International Asset Management Co., Ltd | 0.00% | Add +139.7% | 290 | $5K |
| Osaic Holdings, Inc. | 0.00% | Add +0.4% | 251 | $4K |
| US Bancorp \de | 0.00% | Add +193.7% | 232 | $4K |
| Daiwa Securities Group Inc. | 0.00% | No change | 95 | $2K |
| Cwm, LLC | 0.00% | Add +7.9% | 68 | $1K |
| Rothschild Investment LLC | 0.00% | Add +200.0% | 60 | $959 |
| Arax Advisory Partners | 0.00% | New | 52 | $832 |
| Parkside Financial Bank & Trust | 0.00% | New | 35 | $561 |
| EverSource Wealth Advisors, LLC | 0.00% | New | 33 | $528 |
| PNC Financial Services Group, Inc. | 0.00% | New | 20 | $320 |
| True Wealth Design, LLC | 0.00% | No change | 18 | $288 |
| SBI Securities Co., Ltd. | 0.00% | No change | 3 | $48 |
| Simplex Trading, LLC | 0.00% | New | 11 | $0 |
"% of holder's portfolio" is TRML's weight in each manager's 13F, not the share of Tourmaline Bio Inc. the manager owns.