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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 2025

Institutional positions in Tourmaline Bio, 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

TRML is no longer listed, and 13F filings after Q3 2025 list far fewer holders. See Q3 2025

Institutional holders
0
−132 vs. Q3 2025
Shares held
0
−20.9M (−100.0%) vs. Q3 2025
Total value
$0
−$998.3M (−100.0%) vs. Q3 2025
New holders
0
0 more added
Sold out
132
0 more reduced

2 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 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 holdersQ4 2025: 0 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 2025: $0
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 2025

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

Institutions holding TRML in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Zurcher Kantonalbank (Zurich Cantonalbank)0$00.00%−2,515−100.0%Sold out
KLP Kapitalforvaltning AS0$00.00%−2,300−100.0%Sold out
Farther Finance Advisors, LLC0$00.00%−2,146−100.0%Sold out
Quantbot Technologies LP0$00.00%−1,948−100.0%Sold out
Russell Investments Group, Ltd.0$00.00%−1,579−100.0%Sold out
Nisa Investment Advisors, LLC0$00.00%−1,551−100.0%Sold out
Ameritas Investment Partners, Inc.0$00.00%−1,463−100.0%Sold out
FMR LLC0$00.00%−1,451−100.0%Sold out
Citigroup Inc0$00.00%−1,418−100.0%Sold out
Caitong International Asset Management Co., Ltd0$00.00%−1,234−100.0%Sold out
Sterling Capital Management LLC0$00.00%−1,208−100.0%Sold out
Mirae Asset Global Investments Co., Ltd.0$00.00%−993−100.0%Sold out
Tower Research Capital LLC (TRC)0$00.00%−740−100.0%Sold out
Versant Capital Management, Inc0$00.00%−600−100.0%Sold out
GAMMA Investing LLC0$00.00%−570−100.0%Sold out
Amalgamated Bank0$00.00%−567−100.0%Sold out
GF Fund Management Co. Ltd.0$00.00%−555−100.0%Sold out
Royal Bank of Canada0$00.00%−384−100.0%Sold out
BNP PARIBAS ASSET MANAGEMENT Holding S.A.0$00.00%−243−100.0%Sold out
EverSource Wealth Advisors, LLC0$00.00%−183−100.0%Sold out
US Bancorp0$00.00%−144−100.0%Sold out
Optiver Holding B.V.0$00.00%−128−100.0%Sold out
Advisor Group Holdings, Inc.0$00.00%−251−100.0%Sold out
Daiwa Securities Group Inc.0$00.00%−95−100.0%Sold out
CWM, LLC0$00.00%−71−100.0%Sold out
Parkside Financial Bank & Trust0$00.00%−48−100.0%Sold out
SRS Capital Advisors, Inc.0$00.00%−47−100.0%Sold out
Rothschild Investment LLC0$00.00%−45−100.0%Sold out
The PNC Financial Services Group, Inc.0$00.00%−20−100.0%Sold out
True Wealth Design, LLC0$00.00%−18−100.0%Sold out
Smartleaf Asset Management LLC0$00.00%−13−100.0%Sold out
SBI Securities Co., Ltd.0$00.00%−2−100.0%Sold out
Qiming U.S. Ventures Management, LLC––––Not filed
Point72 Asia (Singapore) Pte. Ltd.––––Not filed