Zenas BiopharmaZBIO

13F holders, Q4 2025 (December 31)
119holders +39
41new positions
8sold out
4famous investors
$36.21avg. 13F price*

At the end of Q4 2025, 119 institutions reported holding Zenas Biopharma Inc. (ZBIO) in their 13F filings, up 39 from Q3 2025. 41 opened new positions and 8 sold out. The largest holders were FMR LLC ($279.7M), SR One Capital Management, LP ($182.9M) and Enavate Sciences Gp, LLC ($142.3M). 4 famous investors held it, including Steve Cohen (0.0% of Point72 Asset Management's portfolio), Cliff Asness (0.0% of AQR Capital Management's portfolio) and Israel Englander (0.0% of Millennium Management's portfolio).

Company
Zenas Biopharma Inc.
CUSIP
98937L105
Latest filing quarter
Q2 2026

History

Number of 13F holders

050100150 Q3 2024: 44Q3 2024Q4 2024: 65Q4 2024Q1 2025: 67Q1 2025Q2 2025: 73Q2 2025Q3 2025: 80Q3 2025Q4 2025: 119Q4 2025Q1 2026: 140Q1 2026Q2 2026: 144Q2 2026

Total Exit/New Position Q3 2025 → Q4 2025

InstitutionsTotal Value
New Positions41$107.9M
Exits8$42.3M

All 13F filers, Q3 2025 → Q4 2025: 9,619,850 shares bought and 3,213,664 shares sold, net +6,406,186 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.

Ownership 119 holders

FMR LLC 0.01% Add +59.8% 7,704,255 $279.7M
SR One Capital Management, LP 25.90% Add +2.6% 5,037,854 $182.9M
Enavate Sciences Gp, LLC 28.08% Add +4.2% 3,919,159 $142.3M
NEA Management Company, LLC 6.52% Add +28.9% 3,523,219 $127.9M
Federated Hermes, Inc. 0.16% Add +45.9% 2,715,578 $98.6M
Fairmount Funds Management LLC 6.11% Add +16.7% 2,209,025 $80.2M
NVP Associates, LLC 26.16% No change 1,838,482 $66.8M
BlackRock, Inc. 0.00% Add +43.9% 1,767,518 $64.2M
Vanguard Group Inc. 0.00% Add +25.0% 1,453,065 $52.8M
Novo Holdings A/S 4.09% Reduce -27.5% 1,450,000 $52.6M
Royalty Pharma Sub-Manager, LLC 26.77% — 1,263,150 $45.9M
Polar Capital Holdings Plc 0.18% New 1,057,609 $38.4M
Wellington Management Group LLP 0.01% Reduce -0.3% 855,334 $31.1M
Vivo Capital, LLC 2.00% Reduce -27.9% 853,495 $31.0M
EcoR1 Capital, LLC 1.31% New 789,500 $28.7M
ArrowMark Colorado Holdings LLC 0.60% Reduce -8.9% 751,161 $27.3M
Pivotal bioVenture Partners Investment Advisor LLC 8.31% Reduce -24.0% 591,991 $21.5M
Geode Capital Management, LLC 0.00% Add +25.2% 588,393 $21.4M
Rock Springs Capital Management LP 0.94% Reduce -13.5% 502,077 $18.2M
State Street Corp. 0.00% Add +16.1% 438,294 $15.9M
T. Rowe Price Associates Inc. 0.00% Reduce -1.4% 369,248 $13.4M
NEXTBio Capital Management LP 6.86% — 321,983 $11.7M
Point72 Asset Management 0.02% New 368,400 $9.2M
Charles Schwab Investment Management Inc. 0.00% Add +19.5% 213,193 $7.7M
Balyasny Asset Management L.P. 0.01% New 193,153 $7.0M
Invesco Ltd. 0.00% Add +28.9% 187,968 $6.8M
Skandinaviska Enskilda Banken AB (publ) 0.02% New 163,860 $5.9M
Northern Trust Corp. 0.00% Add +16.6% 155,366 $5.6M
Voloridge Investment Management, LLC 0.02% New 133,439 $4.8M
Goldman Sachs Group Inc. 0.00% New 130,698 $4.7M
Morgan Stanley 0.00% Add +44.6% 128,335 $4.7M
Eversept Partners, LP 0.25% Reduce -23.8% 121,016 $4.4M
Superstring Capital Management LP 1.62% Reduce -13.8% 83,353 $3.0M
AQR Capital Management 0.00% Add +218.2% 78,220 $2.8M
UBS Group AG 0.00% Add +95.8% 69,495 $2.5M
Bank of New York Mellon Corp 0.00% Add +24.3% 51,802 $1.9M
Schroder Investment Management Group 0.00% Reduce -55.0% 50,636 $1.9M
Nuveen, LLC 0.00% Add +147.8% 50,850 $1.8M
Millennium Management 0.00% Reduce -31.6% 49,160 $1.8M
Bank of America Corp. 0.00% Add +218.4% 47,160 $1.7M
Alps Advisors Inc. 0.01% Add +119.9% 44,077 $1.6M
Barclays PLC 0.00% Add +50.3% 34,377 $1.2M
Swiss National Bank 0.00% New 31,600 $1.1M
Citadel Advisors 0.00% New 24,459 $888K
Rhumbline Advisers 0.00% Add +3.5% 21,946 $797K
JPMorgan Chase & Co. 0.00% Add +231.8% 21,726 $789K
Wells Fargo & Company 0.00% Add +69.8% 21,151 $768K
Alliancebernstein L.P. 0.00% No change 18,350 $666K
California State Teachers Retirement System 0.00% Add +1271.3% 15,701 $570K
Squarepoint Ops LLC 0.00% New 15,541 $564K
Two Sigma Investments, LP 0.00% Reduce -25.9% 15,100 $548K
Voya Investment Management LLC 0.00% New 14,725 $535K
Susquehanna International Group, LLP 0.00% New 13,678 $497K
China Universal Asset Management Co., Ltd. 0.04% New 13,314 $483K
Legal & General Group Plc 0.00% Add +862.1% 13,027 $473K
Deutsche Bank AG 0.00% Add +4.5% 12,781 $464K
Creative Planning 0.00% Add +3.3% 12,273 $446K
XTX Topco Ltd 0.01% New 12,183 $442K
Los Angeles Capital Management LLC 0.00% New 14,447 $432K
State of Wisconsin Investment Board 0.00% New 10,221 $371K
Voleon Capital Management LP 0.01% New 10,187 $370K
MetLife Investment Management, LLC 0.00% No change 10,100 $367K
Schonfeld Strategic Advisors LLC 0.00% New 9,127 $331K
Gsa Capital Partners LLP 0.03% New 8,956 $325K
Intech Investment Management LLC 0.00% New 8,863 $322K
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% Add +17.7% 8,780 $319K
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% New 8,400 $305K
Janus Henderson Group PLC 0.00% New 7,900 $287K
Mariner, LLC 0.00% New 7,676 $279K
VARCOV Co. 0.11% — 7,335 $266K
BNP Paribas Financial Markets 0.00% Add +126.9% 7,138 $259K
Marshall Wace, LLP 0.00% New 7,100 $258K
Virtus Investment Advisers, LLC 0.06% New 6,554 $238K
Manufacturers Life Insurance Company, The 0.00% New 6,256 $227K
New York State Common Retirement Fund 0.00% No change 6,200 $225K
Brevan Howard Capital Management LP 0.00% New 6,173 $224K
PNC Financial Services Group, Inc. 0.00% Reduce -0.3% 5,824 $211K
ProShare Advisors LLC 0.00% New 5,820 $211K
Police & Firemen's Retirement System of New Jersey 0.00% No change 4,499 $163K
KLP Kapitalforvaltning As 0.00% New 3,400 $123K
STRS Ohio 0.00% No change 2,800 $102K
Mirae Asset Global Investments Co., Ltd. 0.00% New 2,608 $95K
Citigroup Inc. 0.00% Add +1150.5% 2,351 $85K
Cwm, LLC 0.00% Add +48.3% 2,178 $79K
Simplex Trading, LLC 0.00% New 1,974 $72K
Ameritas Investment Partners, Inc. 0.00% Reduce -14.9% 1,368 $50K
Russell Investments Group, Ltd. 0.00% No change 1,345 $49K
Sterling Capital Management LLC 0.00% Reduce -3.0% 1,087 $39K
GF Fund Management Co. LTD. 0.00% New 1,054 $38K
US Bancorp \de 0.00% Reduce -7.2% 884 $32K
Tower Research Capital LLC (TRC) 0.00% Reduce -42.7% 795 $29K
Amalgamated Bank 0.00% Add +13.2% 593 $22K
Royal Bank of Canada 0.00% Reduce -95.4% 544 $20K
Signaturefd, LLC 0.00% Add +17.2% 389 $14K
GAMMA Investing LLC 0.00% Reduce -2.2% 179 $6K
Daiwa Securities Group Inc. 0.00% New 179 $6K
Nisa Investment Advisors, LLC 0.00% No change 115 $4K
Torren Management, LLC 0.00% — 95 $3K
J.Safra Asset Management Corp 0.00% New 92 $3K
Farther Finance Advisors, LLC 0.00% Add +258.3% 86 $3K

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

Show all 119 holders