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Tourmaline Bio, Inc.

TRMLDelisted Oct 28, 2025
Industry
Biological Products, (No Diagnostic Substances)
SEC CIK
0001827506

Tourmaline Bio, Inc. was delisted on Oct 28, 2025; its insiders filed their last Form 4 on Oct 28, 2025; 134 institutions reported holding it in 13F filings for Q3 2025, worth $1.03B in total; no superinvestor held it.

13F holders, Q4 2021

Institutional positions in Tourmaline Bio, Inc. as of Dec 31, 2021. 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
51
+3 vs. Q3 2021
Shares held
29.9M
+4.00M (+15.5%) vs. Q3 2021
Total value
$456.7M
+$107.3M (+30.7%) vs. Q3 2021
New holders
12
21 more added
Sold out
9
7 more reduced

Compare with Q3 2021: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting TRML 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 2021: 51 institutions
Q1 2021: 0 institutionsQ2 2021: 50 institutionsQ3 2021: 48 institutionsQ4 2021: 51 institutionsQ1 2022: 51 institutionsQ2 2022: 59 institutionsQ3 2022: 56 institutionsQ4 2022: 54 institutionsQ1 2023: 54 institutionsQ2 2023: 58 institutionsQ3 2023: 49 institutionsQ4 2023: 54 institutionsQ1 2024: 96 institutionsQ2 2024: 84 institutionsQ3 2024: 92 institutionsQ4 2024: 101 institutionsQ1 2025: 107 institutionsQ2 2025: 109 institutionsQ3 2025: 134 institutionsQ4 2025: 0 institutionsQ1 2026: 0 institutionsQ2 2026: 0 institutions
Value heldQ4 2021: $456.7M
Q1 2021: $0Q2 2021: $379.4MQ3 2021: $349.4MQ4 2021: $456.7MQ1 2022: $286.9MQ2 2022: $130.4MQ3 2022: $72.1MQ4 2022: $27.4MQ1 2023: $50.6MQ2 2023: $79.7MQ3 2023: $77.1MQ4 2023: $338.2MQ1 2024: $469.9MQ2 2024: $272.0MQ3 2024: $540.7MQ4 2024: $463.6MQ1 2025: $364.3MQ2 2025: $384.8MQ3 2025: $1.03BQ4 2025: $0Q1 2026: $0Q2 2026: $0
Institutions holding TRML and their total value by quarter
QuarterHoldersValue
Q2 20260$0
Q1 20260$0
Q4 20250$0
Q3 2025134$1.03B
Q2 2025109$384.8M
Q1 2025107$364.3M
Q4 2024101$463.6M
Q3 202492$540.7M
Q2 202484$272.0M
Q1 202496$469.9M
Q4 202354$338.2M
Q3 202349$77.1M
Q2 202358$79.7M
Q1 202354$50.6M
Q4 202254$27.4M
Q3 202256$72.1M
Q2 202259$130.4M
Q1 202251$286.9M
Q4 202151$456.7M
Q3 202148$349.4M
Q2 202150$379.4M
Q1 20210$0

Institutions, Q4 2021

Shares, value and share of portfolio for each institution holding Tourmaline Bio, Inc.; share changes are against Q3 2021.

Institutions holding TRML in Q4 2021
InstitutionSharesValue% of portfolioChange in sharesAction
Blackstone Group Inc.8,089,315$123.7M0.31%00.0%Unchanged
Viking Global Investors LPSuperinvestorViking Global Investors3,289,617$50.3M0.14%00.0%Unchanged
Qiming U.S. Ventures Management, LLC2,932,606$44.8M20.63%+2,932,606New
Citadel Advisors LLC2,661,636$40.7M0.04%−7,830−0.3%Reduced
BlackRock Inc.2,395,465$36.6M0.00%+663,633+38.3%Added
Artal Group S.A.2,064,262$31.6M0.93%00.0%Unchanged
Eventide Asset Management, LLC1,561,092$23.9M0.31%00.0%Unchanged
Cormorant Asset Management, LP1,182,545$18.1M1.08%−33,302−2.7%Reduced
Vanguard Group Inc1,030,822$15.8M0.00%+636,644+161.5%Added
HHLR Advisors, Ltd.SuperinvestorHHLR Advisors (Hillhouse)761,885$11.6M0.18%00.0%Unchanged
Aisling Capital Management LP682,923$10.4M3.68%00.0%Unchanged
Avidity Partners Management LP455,037$6.96M0.15%+370.0%Added
Logos Global Management LP329,013$5.03M0.52%−178,910−35.2%Reduced
Laurion Capital Management LP298,422$4.56M0.08%00.0%Unchanged
Norges Bank272,614$4.17M0.00%+272,614New
Sectoral Asset Management Inc260,577$3.98M0.60%−553,586−68.0%Reduced
OrbiMed Advisors LLC247,240$3.78M0.05%00.0%Unchanged
Geode Capital Management, LLC245,823$3.76M0.00%+74,488+43.5%Added
Woodline Partners LP206,056$3.15M0.05%00.0%Unchanged
State Street Corp186,002$2.84M0.00%+56,925+44.1%Added
Northern Trust Corp168,045$2.57M0.00%+85,058+102.5%Added
Altium Wealth Management LLC59,520$910.0K0.06%+59,520New
Tudor Investment Corp Et Al54,416$832.0K0.02%−43,409−44.4%Reduced
Bank of New York Mellon Corp53,424$817.0K0.00%+26,002+94.8%Added
Charles Schwab Investment Management Inc49,706$761.0K0.00%+27,296+121.8%Added
Ensign Peak Advisors, Inc47,548$727.0K0.00%+47,548New
Nuveen Asset Management, LLC41,523$589.0K0.00%+18,278+78.6%Added
Morgan Stanley33,473$511.0K0.00%+9,628+40.4%Added
Bank of America Corp27,304$417.0K0.00%+6,457+31.0%Added
Goldman Sachs Group Inc23,088$353.0K0.00%+23,088New
Rhumbline Advisers14,304$219.0K0.00%+14,304New
Deutsche Bank AG12,954$198.0K0.00%+7,674+145.3%Added
JPMorgan Chase & Co11,736$179.0K0.00%+5,652+92.9%Added
California State Teachers Retirement System11,659$178.0K0.00%+6,907+145.3%Added
State of Wisconsin Investment Board11,500$176.0K0.00%00.0%Unchanged
American International Group, Inc.11,328$173.0K0.00%+6,300+125.3%Added
Manufacturers Life Insurance Company, The10,770$165.0K0.00%+10,770New
ProShare Advisors LLC10,482$160.0K0.00%+10,482New
New York State Common Retirement Fund10,189$156.0K0.00%+2,500+32.5%Added
MetLife Investment Management9,762$149.3K0.00%+9,762New
Wells Fargo & Company8,642$132.0K0.00%+8,642New
UBS Group AG8,113$124.0K0.00%+764+10.4%Added
Metropolitan Life Insurance Co7,232$110.6K0.00%+7,232New
Citigroup Inc7,101$109.0K0.00%+5,823+455.6%Added
Royal Bank of Canada4,669$72.0K0.00%+3,736+400.4%Added
FMR LLC2,700$41.0K0.00%−57,300−95.5%Reduced
STRS Ohio2,100$32.0K0.00%00.0%Unchanged
Legal & General Group Plc2,009$31.0K0.00%+1,151+134.1%Added
Ameritas Investment Partners, Inc.1,647$25.0K0.00%+949+136.0%Added
Tower Research Capital LLC (TRC)708$11.0K0.00%−77−9.8%Reduced
Daiwa Securities Group Inc.121$2.00K0.00%+121New
Healthcare of Ontario Pension Plan Trust Fund0$00.00%−76,800−100.0%Sold out
D. E. Shaw & Co., Inc.0$00.00%−24,990−100.0%Sold out
Parametric Portfolio Associates LLC0$00.00%−16,934−100.0%Sold out
Ghisallo Capital Management LLC0$00.00%−15,000−100.0%Sold out
Caas Capital Management LP0$00.00%−12,493−100.0%Sold out
Two Sigma Advisers, LP0$00.00%−11,400−100.0%Sold out
Two Sigma Investments, LP0$00.00%−10,796−100.0%Sold out
Captrust Financial Advisors0$00.00%−198−100.0%Sold out
TCI Wealth Advisors, Inc.0$00.00%−60−100.0%Sold out