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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, Q1 2023

Institutional positions in Tourmaline Bio, Inc. as of Mar 31, 2023. 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
0 vs. Q4 2022
Shares held
26.9M
+98.0K (+0.4%) vs. Q4 2022
Total value
$50.6M
+$23.3M (+84.9%) vs. Q4 2022
New holders
9
18 more added
Sold out
9
13 more reduced

Compare with Q4 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 holdersQ1 2023: 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 heldQ1 2023: $50.6M
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, Q1 2023

Shares, value and share of portfolio for each institution holding Tourmaline Bio, Inc.; share changes are against Q4 2022.

Institutions holding TRML in Q1 2023
InstitutionSharesValue% of portfolioChange in sharesAction
Blackstone Group Inc.8,089,315$15.2M0.06%00.0%Unchanged
Viking Global Investors LPSuperinvestorViking Global Investors3,289,617$6.18M0.03%00.0%Unchanged
Qiming U.S. Ventures Management, LLC2,932,606$5.51M6.67%00.0%Unchanged
BML Capital Management, LLC1,929,484$3.63M3.14%+1,929,484New
Eventide Asset Management, LLC1,561,092$2.93M0.05%00.0%Unchanged
BlackRock Inc.1,164,867$2.19M0.00%+65,322+5.9%Added
Vanguard Group Inc1,124,947$2.11M0.00%+73,136+7.0%Added
Citadel Advisors LLC1,045,126$1.96M0.00%−2,477,012−70.3%Reduced
Artal Group S.A.914,262$1.72M0.10%−1,150,000−55.7%Reduced
Cormorant Asset Management, LP900,649$1.69M0.11%00.0%Unchanged
Citigroup Inc849,961$1.60M0.00%+849,735+375,988.9%Added
Western Standard LLC586,481$1.10M1.12%+586,481New
Geode Capital Management, LLC408,110$767.2K0.00%+40,190+10.9%Added
State Street Corp354,729$666.9K0.00%+18,087+5.4%Added
Laurion Capital Management LP298,422$561.0K0.03%00.0%Unchanged
Morgan Stanley274,635$516.3K0.00%+261,299+1,959.4%Added
Acadian Asset Management LLC238,513$447.0K0.00%+127,103+114.1%Added
Northern Trust Corp163,362$307.1K0.00%−3,308−2.0%Reduced
Bridgeway Capital Management, LLC127,900$240.5K0.01%−36,500−22.2%Reduced
Marquette Asset Management, LLC101,375$190.6K0.05%+21,994+27.7%Added
Bank of New York Mellon Corp58,559$110.1K0.00%00.0%Unchanged
Renaissance Technologies LLC55,400$104.0K0.00%+34,600+166.3%Added
Values First Advisors, Inc.52,896$99.4K0.06%+13,005+32.6%Added
Charles Schwab Investment Management Inc50,489$94.9K0.00%00.0%Unchanged
Rhumbline Advisers34,422$65.0K0.00%+200+0.6%Added
Two Sigma Investments, LP27,564$51.8K0.00%−77,108−73.7%Reduced
Bank of America Corp26,357$49.6K0.00%+5,905+28.9%Added
Two Sigma Advisers, LP25,500$47.9K0.00%−8,200−24.3%Reduced
Goldman Sachs Group Inc20,955$39.4K0.00%−18,929−47.5%Reduced
Barclays PLC18,760$35.3K0.00%+5,518+41.7%Added
JPMorgan Chase & Co18,341$34.0K0.00%+4,613+33.6%Added
Bank of Montreal15,963$30.6K0.00%+15,963New
New York State Common Retirement Fund14,800$27.8K0.00%00.0%Unchanged
Bailard, Inc.14,773$27.8K0.00%+14,773New
Susquehanna International Group, LLP14,397$27.1K0.00%+14,397New
Deutsche Bank AG14,154$26.6K0.00%+5,388+61.5%Added
Prospera Financial Services Inc13,973$26.3K0.00%−21,559−60.7%Reduced
Alliancebernstein L.P.13,600$25.6K0.00%00.0%Unchanged
Commonwealth Equity Services, LLC13,000$24.0K0.00%00.0%Unchanged
Jane Street Group, LLC11,668$21.9K0.00%+11,668New
American International Group, Inc.11,132$20.9K0.00%+221+2.0%Added
California State Teachers Retirement System8,575$16.1K0.00%−633−6.9%Reduced
Tower Research Capital LLC (TRC)8,666$16.0K0.00%−368−4.1%Reduced
UBS Group AG7,780$14.6K0.00%−3,312−29.9%Reduced
FMR LLC5,539$10.4K0.00%+4,373+375.0%Added
Wells Fargo & Company4,089$7.69K0.00%+4,089New
Federated Hermes, Inc.2,610$4.91K0.00%+930+55.4%Added
Amalgamated Bank2,311$4.00K0.00%−482−17.3%Reduced
The PNC Financial Services Group, Inc.2,018$3.79K0.00%+2,018New
Legal & General Group Plc1,991$3.74K0.00%00.0%Unchanged
Ameritas Investment Partners, Inc.1,647$3.10K0.00%00.0%Unchanged
STRS Ohio2,100$3.00K0.00%00.0%Unchanged
Royal Bank of Canada1,289$2.00K0.00%−2,320−64.3%Reduced
Nisa Investment Advisors, LLC72$00.00%+72New
Caas Capital Management LP0$00.00%−90,181−100.0%Sold out
Ergoteles LLC0$00.00%−43,522−100.0%Sold out
Squarepoint Ops LLC0$00.00%−28,084−100.0%Sold out
Chicago Partners Investment Group LLC0$00.00%−14,834−100.0%Sold out
Virtu Financial LLC0$00.00%−16,372−100.0%Sold out
State Board of Administration of Florida Retirement System0$00.00%−14,260−100.0%Sold out
Credit Suisse AG0$00.00%−1−100.0%Sold out
Rockefeller Capital Management L.P.0$00.00%−67−100.0%Sold out
IFP Advisors, Inc0$00.00%−5,465−100.0%Sold out