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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 2022

Institutional positions in Tourmaline Bio, Inc. as of Dec 31, 2022. 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
54
−2 vs. Q3 2022
Shares held
26.8M
−463.8K (−1.7%) vs. Q3 2022
Total value
$27.4M
−$44.7M (−62.0%) vs. Q3 2022
New holders
10
17 more added
Sold out
12
11 more reduced

Compare with Q3 2022: 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 2022: 54 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 2022: $27.4M
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 2022

Shares, value and share of portfolio for each institution holding Tourmaline Bio, Inc.; share changes are against Q3 2022.

Institutions holding TRML in Q4 2022
InstitutionSharesValue% of portfolioChange in sharesAction
Blackstone Group Inc.8,089,315$8.25M0.03%00.0%Unchanged
Citadel Advisors LLC3,522,138$3.59M0.00%+859,572+32.3%Added
Viking Global Investors LPSuperinvestorViking Global Investors3,289,617$3.36M0.02%00.0%Unchanged
Qiming U.S. Ventures Management, LLC2,932,606$2.99M3.96%00.0%Unchanged
Artal Group S.A.2,064,262$2.11M0.12%00.0%Unchanged
Eventide Asset Management, LLC1,561,092$1.59M0.03%00.0%Unchanged
BlackRock Inc.1,099,545$1.12M0.00%−888,191−44.7%Reduced
Vanguard Group Inc1,051,811$1.07M0.00%+34,813+3.4%Added
Cormorant Asset Management, LP900,649$919.0K0.06%00.0%Unchanged
Geode Capital Management, LLC367,920$375.0K0.00%−5,527−1.5%Reduced
State Street Corp336,642$343.4K0.00%+5,511+1.7%Added
Laurion Capital Management LP298,422$304.4K0.01%00.0%Unchanged
Northern Trust Corp166,670$170.0K0.00%−7,068−4.1%Reduced
Bridgeway Capital Management, LLC164,400$167.7K0.00%+152,900+1,329.6%Added
Acadian Asset Management LLC111,410$113.0K0.00%+70,762+174.1%Added
Two Sigma Investments, LP104,672$106.8K0.00%+69,494+197.5%Added
Caas Capital Management LP90,181$92.0K0.02%−207,526−69.7%Reduced
Marquette Asset Management, LLC79,381$81.0K0.02%+79,381New
Bank of New York Mellon Corp58,559$59.7K0.00%−7,247−11.0%Reduced
Charles Schwab Investment Management Inc50,489$51.5K0.00%−3,539−6.6%Reduced
Ergoteles LLC43,522$44.4K0.00%+43,522New
Values First Advisors, Inc.39,891$40.7K0.03%+9,176+29.9%Added
Goldman Sachs Group Inc39,884$40.7K0.00%+7,570+23.4%Added
Prospera Financial Services Inc35,532$36.2K0.00%+22,580+174.3%Added
Rhumbline Advisers34,222$35.0K0.00%+575+1.7%Added
Two Sigma Advisers, LP33,700$34.4K0.00%+33,700New
Squarepoint Ops LLC28,084$28.6K0.00%+28,084New
Chicago Partners Investment Group LLC14,834$26.2K0.00%+14,834New
Renaissance Technologies LLC20,800$21.0K0.00%+20,800New
Bank of America Corp20,452$20.9K0.00%+2,471+13.7%Added
Virtu Financial LLC16,372$17.0K0.00%+16,372New
New York State Common Retirement Fund14,800$15.1K0.00%00.0%Unchanged
State Board of Administration of Florida Retirement System14,260$14.5K0.00%00.0%Unchanged
JPMorgan Chase & Co13,728$14.0K0.00%−1,380−9.1%Reduced
Alliancebernstein L.P.13,600$13.9K0.00%+13,600New
Morgan Stanley13,336$13.6K0.00%−5,853−30.5%Reduced
Barclays PLC13,242$13.5K0.00%+5,215+65.0%Added
Commonwealth Equity Services, LLC13,000$13.0K0.00%00.0%Unchanged
UBS Group AG11,092$11.3K0.00%+11,092New
American International Group, Inc.10,911$11.1K0.00%−39−0.4%Reduced
California State Teachers Retirement System9,208$9.39K0.00%+104+1.1%Added
Tower Research Capital LLC (TRC)9,034$9.00K0.00%+397+4.6%Added
Deutsche Bank AG8,766$8.94K0.00%+155+1.8%Added
Royal Bank of Canada3,609$4.00K0.00%+3,328+1,184.3%Added
Amalgamated Bank2,793$3.00K0.00%00.0%Unchanged
Ameritas Investment Partners, Inc.1,647$2.16K0.00%00.0%Unchanged
Legal & General Group Plc1,991$2.03K0.00%00.0%Unchanged
STRS Ohio2,100$2.00K0.00%00.0%Unchanged
Federated Hermes, Inc.1,680$1.71K0.00%+1,680New
FMR LLC1,166$1.19K0.00%+614+111.2%Added
Citigroup Inc226$2310.00%−680−75.1%Reduced
Credit Suisse AG1$10.00%−129−99.2%Reduced
Rockefeller Capital Management L.P.67$00.00%00.0%Unchanged
IFP Advisors, Inc5,465––00.0%Unchanged
Bank of Montreal0$00.00%−334,061−100.0%Sold out
Logos Global Management LP0$00.00%−197,913−100.0%Sold out
Aisling Capital Management LP0$00.00%−175,000−100.0%Sold out
Millennium Management LLC0$00.00%−53,228−100.0%Sold out
Mirae Asset Global Investments Co., Ltd.0$00.00%−29,668−100.0%Sold out
BNP Paribas Arbitrage, SA0$00.00%−24,483−100.0%Sold out
Dimensional Fund Advisors LP0$00.00%−17,877−100.0%Sold out
SG Americas Securities, LLC0$00.00%−10,403−100.0%Sold out
Zurcher Kantonalbank (Zurich Cantonalbank)0$00.00%−1,778−100.0%Sold out
China Universal Asset Management Co., Ltd.0$00.00%−391−100.0%Sold out
Wells Fargo & Company0$00.00%−45−100.0%Sold out
Daiwa Securities Group Inc.0$00.00%−121−100.0%Sold out