Skip to main content

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, Q2 2025

Institutional positions in Tourmaline Bio, Inc. as of Jun 30, 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
109
+2 vs. Q1 2025
Shares held
24.1M
+116.2K (+0.5%) vs. Q1 2025
Total value
$384.8M
+$20.5M (+5.6%) vs. Q1 2025
New holders
20
34 more added
Sold out
18
31 more reduced

Compare with Q1 2025: 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 holdersQ2 2025: 109 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 heldQ2 2025: $384.8M
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, Q2 2025

Shares, value and share of portfolio for each institution holding Tourmaline Bio, Inc.; share changes are against Q1 2025.

Institutions holding TRML in Q2 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Simplex Trading, LLC11$00.00%+11New
SBI Securities Co., Ltd.3$480.00%00.0%Unchanged
True Wealth Design, LLC18$2880.00%00.0%Unchanged
The PNC Financial Services Group, Inc.20$3200.00%+20New
EverSource Wealth Advisors, LLC33$5280.00%+33New
Parkside Financial Bank & Trust35$5610.00%+35New
IFP Advisors, Inc0$6560.00%0New
SRS Capital Advisors, Inc.52$8320.00%+52New
Rothschild Investment LLC60$9590.00%+40+200.0%Added
CWM, LLC68$1.00K0.00%+5+7.9%Added
Daiwa Securities Group Inc.95$2.00K0.00%00.0%Unchanged
US Bancorp232$3.71K0.00%+153+193.7%Added
Advisor Group Holdings, Inc.251$4.01K0.00%+1+0.4%Added
Caitong International Asset Management Co., Ltd290$4.64K0.00%+169+139.7%Added
BNP PARIBAS ASSET MANAGEMENT Holding S.A.305$5.00K0.00%+305New
GAMMA Investing LLC449$7.18K0.00%−45−9.1%Reduced
Sterling Capital Management LLC514$8.22K0.00%+116+29.1%Added
Versant Capital Management, Inc600$9.59K0.00%00.0%Unchanged
GF Fund Management Co. Ltd.656$10.5K0.00%00.0%Unchanged
Amalgamated Bank799$13.0K0.00%00.0%Unchanged
Mirae Asset Global Investments Co., Ltd.992$15.9K0.00%+113+12.9%Added
Farther Finance Advisors, LLC1,002$16.0K0.00%−657−39.6%Reduced
Nisa Investment Advisors, LLC1,551$24.8K0.00%−31−2.0%Reduced
BNP Paribas Arbitrage, SA2,103$33.6K0.00%+535+34.1%Added
Ameritas Investment Partners, Inc.2,262$36.2K0.00%00.0%Unchanged
KLP Kapitalforvaltning AS2,300$36.8K0.00%00.0%Unchanged
Quest Partners LLC2,322$37.1K0.00%−430−15.6%Reduced
Tower Research Capital LLC (TRC)3,214$51.4K0.00%+846+35.7%Added
Virtus Investment Advisers, Inc.4,725$75.6K0.03%−2,564−35.2%Reduced
China Universal Asset Management Co., Ltd.5,159$82.5K0.01%+16+0.3%Added
Skopos Labs, Inc.5,216$83.4K0.01%+1,293+33.0%Added
Police & Firemen's Retirement System of New Jersey5,564$89.0K0.00%00.0%Unchanged
New York State Common Retirement Fund6,100$97.5K0.00%00.0%Unchanged
Legal & General Group Plc8,017$128.2K0.00%−7,426−48.1%Reduced
Allostery Investments LP9,356$149.6K1.91%+9,356New
Citigroup Inc9,794$156.6K0.00%−7,218−42.4%Reduced
California State Teachers Retirement System10,020$160.2K0.00%−485−4.6%Reduced
Mirae Asset Global ETFs Holdings Ltd.10,421$166.6K0.00%−3,379−24.5%Reduced
Price T Rowe Associates Inc10,761$173.0K0.00%+518+5.1%Added
Wells Fargo & Company12,214$195.3K0.00%−1,640−11.8%Reduced
Susquehanna Fundamental Investments, LLC12,402$198.3K0.01%00.0%Unchanged
Creative Planning12,592$201.3K0.00%+12,592New
MetLife Investment Management13,553$216.7K0.00%00.0%Unchanged
Alps Advisors Inc13,846$221.4K0.00%−3,655−20.9%Reduced
Franklin Resources Inc13,906$222.4K0.00%+14+0.1%Added
EntryPoint Capital, LLC13,966$223.3K0.11%−11,006−44.1%Reduced
Deutsche Bank AG14,678$234.7K0.00%−3,333−18.5%Reduced
BBR Partners, LLC15,000$239.8K0.01%+5,000+50.0%Added
JPMorgan Chase & Co15,599$249.4K0.00%−24,101−60.7%Reduced
UBS Asset Management Americas Inc16,903$270.3K0.00%+16,903New
Boothbay Fund Management, LLC19,559$312.7K0.01%00.0%Unchanged
State of Wisconsin Investment Board19,822$317.0K0.00%+900+4.8%Added
Y-Intercept (Hong Kong) Ltd22,056$352.7K0.01%+22,056New
Swiss National Bank22,400$358.2K0.00%00.0%Unchanged
Invesco Ltd.25,626$409.8K0.00%+5,706+28.6%Added
Alliancebernstein L.P.25,890$414.0K0.00%+12,940+99.9%Added
Wesbanco Bank Inc26,000$415.7K0.01%+26,000New
HRT Financial LP26,876$429.0K0.00%+26,876New
Rhumbline Advisers30,016$479.9K0.00%−3,017−9.1%Reduced
Susquehanna International Group, LLP32,073$512.8K0.00%−16,511−34.0%Reduced
Brown Advisory Inc39,719$635.1K0.00%00.0%Unchanged
Verition Fund Management LLC40,030$640.1K0.00%+40,030New
American Century Companies Inc40,564$648.6K0.00%+4,546+12.6%Added
HighTower Advisors, LLC42,345$677.1K0.00%−11,073−20.7%Reduced
Barclays PLC44,341$709.0K0.00%+12,546+39.5%Added
Susquehanna Portfolio Strategies, LLC51,119$817.4K0.02%+51,119New
Bank of New York Mellon Corp56,671$906.2K0.00%−4,049−6.7%Reduced
Charles Schwab Investment Management Inc56,702$906.7K0.00%−9,148−13.9%Reduced
FMR LLC57,437$918.4K0.00%−186,284−76.4%Reduced
SG Americas Securities, LLC65,156$1.04M0.00%+28,976+80.1%Added
Ikarian Capital, LLC67,927$1.09M0.36%00.0%Unchanged
Nuveen, LLC71,656$1.15M0.00%−5,951−7.7%Reduced
Wellington Management Group LLP81,076$1.30M0.00%+6,337+8.5%Added
Woodline Partners LP85,177$1.36M0.01%−74,909−46.8%Reduced
Polymer Capital Management (HK) LTD86,934$1.39M0.22%00.0%Unchanged
Siren, L.L.C.91,426$1.46M0.08%00.0%Unchanged
Silverarc Capital Management, LLC109,257$1.75M0.36%+109,257New
Dimensional Fund Advisors LP113,891$1.82M0.00%+113,891New
Sectoral Asset Management Inc116,510$1.86M1.23%+116,510New
Royal Bank of Canada121,946$1.95M0.00%+120,464+8,128.5%Added
Bank of America Corp127,371$2.04M0.00%−109,376−46.2%Reduced
Adage Capital Partners GP, L.L.C.135,637$2.17M0.00%−364,363−72.9%Reduced
Northern Trust Corp173,276$2.77M0.00%−29,306−14.5%Reduced
Goldman Sachs Group Inc179,721$2.87M0.00%+96,802+116.7%Added
Nan Fung Trinity (HK) Ltd227,090$3.63M0.43%+227,090New
UBS Group AG229,400$3.67M0.00%+5,717+2.6%Added
Alyeska Investment Group, L.P.243,744$3.90M0.01%+128,691+111.9%Added
Millennium Management LLC243,876$3.90M0.00%−24,862−9.3%Reduced
Acuta Capital Partners, LLC283,682$4.54M6.33%−143,200−33.5%Reduced
Point72 Asset Management, L.P.314,580$5.03M0.01%+314,580New
Schonfeld Strategic Advisors LLC353,514$5.65M0.04%+53,775+17.9%Added
Morgan Stanley362,736$5.80M0.00%+76,991+26.9%Added
Velan Capital Investment Management LP393,889$6.30M6.30%−61,523−13.5%Reduced
State Street Corp459,611$7.35M0.00%+10,450+2.3%Added
Geode Capital Management, LLC467,087$7.47M0.00%−29,033−5.9%Reduced
Nantahala Capital Management, LLC558,187$8.93M0.63%+25,363+4.8%Added
Vivo Capital, LLC591,882$9.46M0.97%00.0%Unchanged
Balyasny Asset Management LLC604,561$9.67M0.02%+11,586+2.0%Added
Pictet Asset Management Holding SA682,129$10.9M0.01%+262,246+62.5%Added
Qiming U.S. Ventures Management, LLC741,691$11.9M50.22%00.0%Unchanged