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X4 Pharmaceuticals, Inc

XFOR
Exchange
Nasdaq
Industry
Biological Products, (No Diagnostic Substances)
SEC CIK
0001501697

In the last 90 days, X4 Pharmaceuticals, Inc insiders filed 0 open-market purchases and 3 sales; 89 institutions reported holding it in 13F filings for Q2 2026, worth $491.9M in total; no superinvestor holds it.

13F holders, Q3 2025

Institutional positions in X4 Pharmaceuticals, Inc as of Sep 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
42
−10 vs. Q2 2025
Shares held
16.2M
+13.4M (+476.2%) vs. Q2 2025
Total value
$55.3M
+$49.9M (+937.2%) vs. Q2 2025
New holders
11
11 more added
Sold out
21
10 more reduced

Compare with Q2 2025: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting XFOR 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 holdersQ3 2025: 42 institutions
Q1 2021: 61 institutionsQ2 2021: 63 institutionsQ3 2021: 52 institutionsQ4 2021: 52 institutionsQ1 2022: 56 institutionsQ2 2022: 51 institutionsQ3 2022: 59 institutionsQ4 2022: 54 institutionsQ1 2023: 59 institutionsQ2 2023: 96 institutionsQ3 2023: 91 institutionsQ4 2023: 93 institutionsQ1 2024: 98 institutionsQ2 2024: 99 institutionsQ3 2024: 98 institutionsQ4 2024: 90 institutionsQ1 2025: 94 institutionsQ2 2025: 52 institutionsQ3 2025: 42 institutionsQ4 2025: 79 institutionsQ1 2026: 84 institutionsQ2 2026: 89 institutions
Value heldQ3 2025: $55.3M
Q1 2021: $139.0MQ2 2021: $111.5MQ3 2021: $85.7MQ4 2021: $40.4MQ1 2022: $30.7MQ2 2022: $16.6MQ3 2022: $74.0MQ4 2022: $60.2MQ1 2023: $53.7MQ2 2023: $219.2MQ3 2023: $122.6MQ4 2023: $87.1MQ1 2024: $147.1MQ2 2024: $60.7MQ3 2024: $67.4MQ4 2024: $73.3MQ1 2025: $23.6MQ2 2025: $5.33MQ3 2025: $55.3MQ4 2025: $357.7MQ1 2026: $407.0MQ2 2026: $491.9M
Institutions holding XFOR and their total value by quarter
QuarterHoldersValue
Q2 202689$491.9M
Q1 202684$407.0M
Q4 202579$357.7M
Q3 202542$55.3M
Q2 202552$5.33M
Q1 202594$23.6M
Q4 202490$73.3M
Q3 202498$67.4M
Q2 202499$60.7M
Q1 202498$147.1M
Q4 202393$87.1M
Q3 202391$122.6M
Q2 202396$219.2M
Q1 202359$53.7M
Q4 202254$60.2M
Q3 202259$74.0M
Q2 202251$16.6M
Q1 202256$30.7M
Q4 202152$40.4M
Q3 202152$85.7M
Q2 202163$111.5M
Q1 202161$139.0M

Institutions, Q3 2025

Shares, value and share of portfolio for each institution holding X4 Pharmaceuticals, Inc; share changes are against Q2 2025.

Institutions holding XFOR in Q3 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Bain Capital Life Sciences Investors, LLC2,436,588$8.33M0.55%+1,872,729+332.1%Added
NEA Management Company, LLC2,233,743$7.64M0.42%+1,734,184+347.1%Added
BVF Inc2,233,742$7.64M0.31%+2,233,742New
Nantahala Capital Management, LLC2,228,350$7.62M0.47%+2,228,350New
Rosalind Advisors, Inc.1,544,607$5.28M1.87%+1,544,607New
Deep Track Capital, LP1,122,484$3.84M0.11%+1,122,484New
Stonepine Capital Management, LLC1,056,338$3.61M2.94%+1,056,338New
Kingdon Capital Management, L.L.C.933,332$3.19M0.50%+700,000+300.0%Added
StemPoint Capital LP555,411$1.90M0.38%+555,411New
Vanguard Group Inc410,485$1.40M0.00%+178,593+77.0%Added
Boothbay Fund Management, LLC343,963$1.18M0.03%+343,963New
Acorn Capital Advisors, LLC273,349$934.9K0.47%+119,619+77.8%Added
Pale Fire Capital SE180,851$618.5K0.07%+120,800+201.2%Added
UBS Group AG159,835$546.6K0.00%+49,876+45.4%Added
Palumbo Wealth Management LLC95,327$326.0K0.10%+95,327New
Geode Capital Management, LLC79,658$272.5K0.00%+30,512+62.1%Added
Millennium Management LLC64,795$221.6K0.00%−13,266−17.0%Reduced
BlackRock, Inc.61,934$211.8K0.00%−117,294−65.4%Reduced
State Street Corp38,734$132.5K0.00%+23,200+149.3%Added
Point72 Asset Management, L.P.21,666$74.1K0.00%−10.0%Reduced
Bank of America Corp19,304$66.0K0.00%−61,012−76.0%Reduced
Renaissance Technologies LLC19,177$65.6K0.00%+1,811+10.4%Added
Two Sigma Investments, LP13,868$47.4K0.00%+13,868New
Tower Research Capital LLC (TRC)10,679$36.5K0.00%+5,476+105.2%Added
Group One Trading, L.P.3,998$13.7K0.00%00.0%Unchanged
Morgan Stanley3,728$12.8K0.00%−7,196−65.9%Reduced
Point72 Asia (Singapore) Pte. Ltd.2,914$9.97K0.00%+2,914New
Royal Bank of Canada2,533$9.00K0.00%−552−17.9%Reduced
CIBC Private Wealth Group, LLC2,166$7.41K0.00%00.0%Unchanged
The PNC Financial Services Group, Inc.1,759$6.02K0.00%−34−1.9%Reduced
TD Waterhouse Canada Inc.1,500$5.37K0.00%00.0%Unchanged
Russell Investments Group, Ltd.729$2.49K0.00%−8,998−92.5%Reduced
Bleichroeder LP595$2.04K0.00%00.0%Unchanged
BNP Paribas Arbitrage, SA554$1.90K0.00%−82−12.9%Reduced
Ronald Blue Trust, Inc.284$9710.00%00.0%Unchanged
SBI Securities Co., Ltd.216$7390.00%00.0%Unchanged
Jones Financial Companies LLLP38$1310.00%00.0%Unchanged
JPMorgan Chase & Co33$1130.00%00.0%Unchanged
GWM Advisors LLC33$1130.00%00.0%Unchanged
Rockefeller Capital Management L.P.33$1130.00%+33New
Citigroup Inc32$1090.00%−730−95.8%Reduced
HighMark Wealth Management LLC6$210.00%00.0%Unchanged
Gsa Capital Partners LLP0$00.00%−132,724−100.0%Sold out
Jane Street Group, LLC0$00.00%−97,344−100.0%Sold out
UBS Oconnor LLC0$00.00%−80,000−100.0%Sold out
Squarepoint Ops LLC0$00.00%−38,982−100.0%Sold out
Susquehanna International Group, LLP0$00.00%−34,821−100.0%Sold out
AQR Capital Management LLC0$00.00%−26,382−100.0%Sold out
Goldman Sachs Group Inc0$00.00%−18,864−100.0%Sold out
Virtu Financial LLC0$00.00%−12,587−100.0%Sold out
Schonfeld Strategic Advisors LLC0$00.00%−11,261−100.0%Sold out
HRT Financial LP0$00.00%−10,548−100.0%Sold out
CWM, LLC0$00.00%−2,414−100.0%Sold out
FMR LLC0$00.00%−1,697−100.0%Sold out
SRS Capital Advisors, Inc.0$00.00%−1,120−100.0%Sold out
Wells Fargo & Company0$00.00%−348−100.0%Sold out
Federated Hermes, Inc.0$00.00%−149−100.0%Sold out
Nisa Investment Advisors, LLC0$00.00%−139−100.0%Sold out
Raymond James Financial Inc0$00.00%−66−100.0%Sold out
Clearstead Advisors, LLC0$00.00%−64−100.0%Sold out
IFP Advisors, Inc0$00.00%0Sold out
EverSource Wealth Advisors, LLC0$00.00%−23−100.0%Sold out
True Wealth Design, LLC0$00.00%−3−100.0%Sold out