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Crescent Biopharma, Inc.

CBIO
Exchange
Nasdaq
Industry
Pharmaceutical Preparations
SEC CIK
0001253689

In the last 90 days, Crescent Biopharma, Inc. insiders filed 1 open-market purchase and 7 sales; 82 institutions reported holding it in 13F filings for Q2 2026, worth $532.6M in total; no superinvestor holds it.

13F holders, Q4 2025

Institutional positions in Crescent Biopharma, Inc. as of Dec 31, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
58
+17 vs. Q3 2025
Shares held
24.1M
+12.8M (+113.1%) vs. Q3 2025
Total value
$285.9M
+$151.3M (+112.4%) vs. Q3 2025
New holders
23
17 more added
Sold out
6
9 more reduced

Compare with Q3 2025: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting CBIO on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ4 2025: 58 institutions
Q1 2021: 78 institutionsQ2 2021: 58 institutionsQ3 2021: 48 institutionsQ4 2021: 47 institutionsQ1 2022: 44 institutionsQ2 2022: 37 institutionsQ3 2022: 35 institutionsQ4 2022: 48 institutionsQ1 2023: 54 institutionsQ2 2023: 55 institutionsQ3 2023: 49 institutionsQ4 2023: 58 institutionsQ1 2024: 69 institutionsQ2 2024: 35 institutionsQ3 2024: 36 institutionsQ4 2024: 41 institutionsQ1 2025: 35 institutionsQ2 2025: 30 institutionsQ3 2025: 41 institutionsQ4 2025: 58 institutionsQ1 2026: 63 institutionsQ2 2026: 82 institutions
Value heldQ4 2025: $285.9M
Q1 2021: $110.4MQ2 2021: $72.5MQ3 2021: $64.9MQ4 2021: $42.7MQ1 2022: $31.2MQ2 2022: $15.8MQ3 2022: $14.3MQ4 2022: $83.3MQ1 2023: $46.6MQ2 2023: $61.9MQ3 2023: $52.1MQ4 2023: $82.8MQ1 2024: $110.5MQ2 2024: $7.20MQ3 2024: $3.00MQ4 2024: $7.56MQ1 2025: $6.46MQ2 2025: $173.5MQ3 2025: $134.6MQ4 2025: $285.9MQ1 2026: $476.6MQ2 2026: $532.6M
Institutions holding CBIO and their total value by quarter
QuarterHoldersValue
Q2 202682$532.6M
Q1 202663$476.6M
Q4 202558$285.9M
Q3 202541$134.6M
Q2 202530$173.5M
Q1 202535$6.46M
Q4 202441$7.56M
Q3 202436$3.00M
Q2 202435$7.20M
Q1 202469$110.5M
Q4 202358$82.8M
Q3 202349$52.1M
Q2 202355$61.9M
Q1 202354$46.6M
Q4 202248$83.3M
Q3 202235$14.3M
Q2 202237$15.8M
Q1 202244$31.2M
Q4 202147$42.7M
Q3 202148$64.9M
Q2 202158$72.5M
Q1 202178$110.4M

Institutions, Q4 2025

Shares, value and share of portfolio for each institution holding Crescent Biopharma, Inc.; share changes are against Q3 2025.

Institutions holding CBIO in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
FMR LLC4,133,514$49.0M0.00%+2,718,834+192.2%Added
BVF Inc2,748,763$32.6M1.10%+1,360,900+98.1%Added
Fairmount Funds Management LLC2,747,866$32.6M2.48%+1,360,000+98.0%Added
VR Adviser, LLC2,133,576$25.3M1.25%+745,712+53.7%Added
FCPM III Services B.V.1,677,852$19.9M2.61%+1,677,852New
Vestal Point Capital, LP1,500,000$17.8M0.65%+1,500,000New
Opaleye Management Inc.1,178,300$14.0M1.84%+1,178,300New
Tang Capital Management LLC872,398$10.3M0.51%+192,574+28.3%Added
ADAR1 Capital Management, LLC606,000$7.19M0.54%+606,000New
Logos Global Management LP600,000$7.12M0.47%00.0%Unchanged
Vanguard Group Inc557,506$6.61M0.00%−100,394−15.3%Reduced
Perceptive Advisors LLC453,686$5.38M0.10%00.0%Unchanged
Deep Track Capital, LP453,686$5.38M0.12%00.0%Unchanged
Boxer Capital Management, LLC453,686$5.38M1.18%00.0%Unchanged
RTW Investments, LP372,856$4.42M0.04%+372,856New
NEXTBio Capital Management LP372,856$4.42M2.59%+372,856New
Remedium Capital Partners, LLC361,250$4.28M2.52%+361,250New
Price T Rowe Associates Inc338,125$4.01M0.00%−45,470−11.9%Reduced
Driehaus Capital Management LLC302,457$3.59M0.02%00.0%Unchanged
Point72 Asset Management, L.P.300,000$3.56M0.01%+300,000New
Heights Capital Management, Inc264,000$3.13M1.18%+264,000New
Alyeska Investment Group, L.P.264,000$3.11M0.01%+264,000New
Wellington Management Group LLP143,412$1.63M0.00%+125,714+710.3%Added
Two Sigma Investments, LP125,224$1.49M0.00%+96,906+342.2%Added
Balyasny Asset Management LLC111,715$1.32M0.00%+111,715New
BlackRock, Inc.109,230$1.30M0.00%+115+0.1%Added
Geode Capital Management, LLC91,079$1.08M0.00%+21,945+31.7%Added
Stonepine Capital Management, LLC87,682$1.04M0.82%+87,682New
Blackstone Group Inc.75,614$896.8K0.00%00.0%Unchanged
Woodline Partners LP74,000$877.6K0.00%+74,000New
Burkehill Global Management, LP74,000$844.3K0.06%+74,000New
Jefferies Financial Group Inc.64,244$761.9K0.01%−38,470−37.5%Reduced
Millennium Management LLC61,882$733.9K0.00%+61,882New
Susquehanna International Group, LLP57,048$676.6K0.00%+57,048New
Renaissance Technologies LLC46,700$553.9K0.00%+19,800+73.6%Added
Two Sigma Advisers, LP32,500$385.4K0.00%+32,500New
Morgan Stanley27,521$326.4K0.00%+27,376+18,880.0%Added
State Street Corp26,217$310.9K0.00%+7,600+40.8%Added
Goldman Sachs Group Inc25,245$299.4K0.00%−11,730−31.7%Reduced
Moore Capital Management, LP25,000$296.5K0.01%+25,000New
Manufacturers Life Insurance Company, The24,903$288.9K0.00%−20−0.1%Reduced
JPMorgan Chase & Co23,339$276.8K0.00%+23,322+137,188.2%Added
Jane Street Group, LLC22,965$272.4K0.00%+22,965New
Marshall Wace, LLP21,826$258.9K0.00%−21,868−50.0%Reduced
Northern Trust Corp17,229$204.3K0.00%+413+2.5%Added
Quadrature Capital Ltd13,246$157.1K0.00%+13,246New
HRT Financial LP13,083$155.0K0.00%+13,083New
Omers Administration Corp11,600$137.6K0.00%+11,600New
UBS Group AG7,125$84.5K0.00%−5,536−43.7%Reduced
Bank of America Corp5,573$66.1K0.00%+1,710+44.3%Added
BNP Paribas Arbitrage, SA3,585$42.5K0.00%+3,581+89,525.0%Added
Citigroup Inc623$7.39K0.00%−175−21.9%Reduced
Tower Research Capital LLC (TRC)409$4.85K0.00%+209+104.5%Added
SBI Securities Co., Ltd.68$8060.00%00.0%Unchanged
Advisor Group Holdings, Inc.26$3080.00%00.0%Unchanged
Group One Trading, L.P.4$470.00%−78−95.1%Reduced
Royal Bank of Canada20$00.00%00.0%Unchanged
Avion Wealth40$00.00%+40New
Commodore Capital LP0$00.00%−450,829−100.0%Sold out
Frazier Life Sciences Management, L.P.0$00.00%−272,951−100.0%Sold out
Adage Capital Partners GP, L.L.C.0$00.00%−200,005−100.0%Sold out
Soleus Capital Management, L.P.0$00.00%−200,000−100.0%Sold out
Citadel Advisors LLC0$00.00%−25,593−100.0%Sold out
Affinity Asset Advisors, LLC0$00.00%−17,998−100.0%Sold out