X4 PharmaceuticalsXFOR

13F holders, Q4 2025 (December 31)
76holders +36
37new positions
4sold out
3famous investors
$4.00avg. 13F price*

At the end of Q4 2025, 76 institutions reported holding X4 Pharmaceuticals Inc. (XFOR) in their 13F filings, up 36 from Q3 2025. 37 opened new positions and 4 sold out. The largest holders were Empery Asset Management, LP ($35.8M), FMR LLC ($34.0M) and Morgan Stanley ($32.8M). 3 famous investors held it, including Steve Cohen (0.0% of Point72 Asset Management's portfolio), Ken Griffin (0.0% of Citadel Advisors's portfolio) and Israel Englander (0.0% of Millennium Management's portfolio).

Company
X4 Pharmaceuticals Inc.
CUSIP
98420X202
Latest filing quarter
Q2 2026

History

Number of 13F holders

020406080100 Q1 2025: 2Q1 2025Q2 2025: 49Q2 2025Q3 2025: 40Q3 2025Q4 2025: 76Q4 2025Q1 2026: 82Q1 2026Q2 2026: 88Q2 2026

Total Exit/New Position Q3 2025 → Q4 2025

InstitutionsTotal Value
New Positions37$134.6M
Exits4$4.4M

All 13F filers, Q3 2025 → Q4 2025: 58,956,554 shares bought and 1,941,392 shares sold, net +57,015,162 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.

Ownership 76 holders

Empery Asset Management, LP 31.70% — 8,951,105 $35.8M
FMR LLC 0.00% New 8,499,100 $34.0M
Morgan Stanley 0.00% Add +220072.1% 8,208,015 $32.8M
Bain Capital Life Sciences Investors, LLC 2.45% Add +227.0% 7,967,454 $31.9M
Perceptive Advisors LLC 0.46% New 6,314,452 $25.3M
Saturn V Capital Management LP 4.26% New 5,800,530 $23.2M
Deep Track Capital, LP 0.46% Add +346.7% 5,013,661 $20.1M
Kalehua Capital Management LLC 14.73% — 3,722,840 $14.9M
Vanguard Group Inc. 0.00% Add +734.0% 3,423,662 $13.7M
Braidwell LP 0.52% New 3,368,904 $13.5M
Blackstone Inc. 0.05% New 2,681,922 $10.7M
Rosalind Advisors, Inc. 3.80% Add +68.7% 2,605,920 $10.4M
Trails Edge Capital Partners, LP 2.54% — 2,571,478 $10.3M
Nantahala Capital Management, LLC 0.59% Add +9.9% 2,449,468 $9.8M
BVF Inc. 0.30% No change 2,233,742 $8.9M
Samsara Biocapital, LLC 0.81% New 1,960,000 $7.8M
Siren, L.L.C. 0.18% New 1,500,000 $6.0M
BlackRock, Inc. 0.00% Add +1880.8% 1,226,808 $4.9M
Woodline Partners LP 0.02% New 1,000,855 $4.0M
Geode Capital Management, LLC 0.00% Add +1080.6% 940,447 $3.8M
Stempoint Capital LP 0.62% Add +61.8% 898,465 $3.6M
Goldman Sachs Group Inc. 0.00% New 831,890 $3.3M
Point72 Asset Management 0.01% Add +3630.1% 808,154 $3.2M
Stonepine Capital Management, LLC 1.88% Reduce -43.8% 593,573 $2.4M
Silverarc Capital Management, LLC 0.21% New 357,387 $1.4M
State Street Corp. 0.00% Add +411.8% 198,234 $793K
Northern Trust Corp. 0.00% New 178,235 $713K
Pale Fire Capital SE 0.09% Reduce -7.3% 167,590 $670K
Affinity Asset Advisors, LLC 0.04% New 145,000 $580K
Citadel Advisors 0.00% New 128,675 $515K
Palumbo Wealth Management LLC 0.11% Add +18.9% 113,357 $453K
OMERS ADMINISTRATION Corp 0.00% New 109,200 $437K
Jane Street Group, LLC 0.00% New 91,413 $366K
Marshall Wace, LLP 0.00% New 80,456 $322K
ExodusPoint Capital Management, LP 0.00% New 79,072 $316K
Qube Research & Technologies Ltd 0.00% New 67,747 $271K
Charles Schwab Investment Management Inc. 0.00% New 66,788 $267K
Balyasny Asset Management L.P. 0.00% New 64,505 $258K
Barclays PLC 0.00% New 57,500 $230K
Millennium Management 0.00% Reduce -13.6% 55,978 $224K
Susquehanna Portfolio Strategies, LLC 0.00% New 43,259 $173K
Bank of America Corp. 0.00% Add +85.3% 35,761 $143K
Citigroup Inc. 0.00% Add +100937.5% 32,332 $129K
Hudson Bay Capital Management LP 0.00% New 32,239 $129K
Jefferies Financial Group Inc. 0.00% New 26,118 $104K
Man Group plc 0.00% New 24,187 $97K
Virtu Financial LLC 0.00% New 22,489 $90K
Lighthouse Investment Partners, LLC 0.00% New 22,200 $89K
Susquehanna International Group, LLP 0.00% New 22,135 $89K
Stifel Financial Corp. 0.00% New 20,496 $82K
Two Sigma Investments, LP 0.00% Add +24.4% 17,246 $69K
Creative Planning 0.00% New 16,427 $66K
Caxton Corp. 1.45% New 15,557 $62K
Squarepoint Ops LLC 0.00% New 12,518 $50K
Tower Research Capital LLC (TRC) 0.00% Reduce -2.2% 10,446 $42K
Indivisible Partners 0.00% — 10,000 $40K
JPMorgan Chase & Co. 0.00% Add +13781.8% 4,581 $18K
UBS Group AG 0.00% Reduce -97.4% 4,129 $17K
Group One Trading LLC 0.00% No change 3,998 $16K
Signaturefd, LLC 0.00% New 2,754 $11K
CIBC Private Wealth Group LLC 0.00% No change 2,166 $9K
PNC Financial Services Group, Inc. 0.00% No change 1,759 $7K
Russell Investments Group, Ltd. 0.00% No change 729 $3K
Allworth Financial LP 0.00% New 715 $3K
Bleichroeder LP 0.00% No change 595 $2K
BNP Paribas Financial Markets 0.00% Reduce -7.8% 511 $2K
Farther Finance Advisors, LLC 0.00% New 331 $1K
Blue Trust, Inc. 0.00% No change 284 $1K
Fortitude Family Office, LLC 0.00% New 137 $548
SBI Securities Co., Ltd. 0.00% Reduce -76.8% 50 $200
Jones Financial Companies LLLP 0.00% No change 38 $152
NewEdge Advisors, LLC 0.00% No change 33 $132
Rockefeller Capital Management L.P. 0.00% No change 33 $132
HighMark Wealth Management LLC 0.00% No change 6 $24
Northwestern Mutual Wealth Management Co. 0.00% New 5 $20
Royal Bank of Canada 0.00% Reduce -95.9% 104 $0

"% of holder's portfolio" is XFOR's weight in each manager's 13F, not the share of X4 Pharmaceuticals Inc. the manager owns.