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Zenas BioPharma, Inc.

ZBIO
Exchange
Nasdaq
Industry
Pharmaceutical Preparations
SEC CIK
0001953926

No open-market purchases or sales by Zenas BioPharma, Inc. insiders were filed in the last 90 days; 144 institutions reported holding it in 13F filings for Q2 2026, worth $1.55B in total; no superinvestor holds it.

13F holders, Q1 2025

Institutional positions in Zenas BioPharma, Inc. as of Mar 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

Institutional holders
67
+3 vs. Q4 2024
Shares held
32.5M
+810.0K (+2.6%) vs. Q4 2024
Total value
$256.7M
−$2.75M (−1.1%) vs. Q4 2024
New holders
13
14 more added
Sold out
10
20 more reduced

1 institution that held it in Q4 2024 haven't filed for Q1 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q4 2024: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting ZBIO 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 2025: 67 institutions
Q1 2021: 0 institutionsQ2 2021: 0 institutionsQ3 2021: 0 institutionsQ4 2021: 0 institutionsQ1 2022: 0 institutionsQ2 2022: 0 institutionsQ3 2022: 0 institutionsQ4 2022: 0 institutionsQ1 2023: 0 institutionsQ2 2023: 0 institutionsQ3 2023: 0 institutionsQ4 2023: 0 institutionsQ1 2024: 0 institutionsQ2 2024: 0 institutionsQ3 2024: 44 institutionsQ4 2024: 65 institutionsQ1 2025: 67 institutionsQ2 2025: 73 institutionsQ3 2025: 80 institutionsQ4 2025: 119 institutionsQ1 2026: 140 institutionsQ2 2026: 144 institutions
Value heldQ1 2025: $256.7M
Q1 2021: $0Q2 2021: $0Q3 2021: $0Q4 2021: $0Q1 2022: $0Q2 2022: $0Q3 2022: $0Q4 2022: $0Q1 2023: $0Q2 2023: $0Q3 2023: $0Q4 2023: $0Q1 2024: $0Q2 2024: $0Q3 2024: $418.5MQ4 2024: $259.6MQ1 2025: $256.7MQ2 2025: $330.0MQ3 2025: $774.5MQ4 2025: $1.55BQ1 2026: $1.14BQ2 2026: $1.55B
Institutions holding ZBIO and their total value by quarter
QuarterHoldersValue
Q2 2026144$1.55B
Q1 2026140$1.14B
Q4 2025119$1.55B
Q3 202580$774.5M
Q2 202573$330.0M
Q1 202567$256.7M
Q4 202465$259.6M
Q3 202444$418.5M
Q2 20240$0
Q1 20240$0
Q4 20230$0
Q3 20230$0
Q2 20230$0
Q1 20230$0
Q4 20220$0
Q3 20220$0
Q2 20220$0
Q1 20220$0
Q4 20210$0
Q3 20210$0
Q2 20210$0
Q1 20210$0

Institutions, Q1 2025

Shares, value and share of portfolio for each institution holding Zenas BioPharma, Inc.; share changes are against Q4 2024.

Institutions holding ZBIO in Q1 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Sr One Capital Management, LP4,911,539$38.8M9.97%00.0%Unchanged
Enavate Sciences GP, LLC3,761,359$29.7M22.39%00.0%Unchanged
FMR LLC2,852,371$22.5M0.00%+1,070,656+60.1%Added
NEA Management Company, LLC2,613,948$20.7M1.59%00.0%Unchanged
Novo Holdings A/S2,214,967$17.5M1.33%+614,967+38.4%Added
Fairmount Funds Management LLC1,892,806$15.0M2.32%00.0%Unchanged
NVP Associates, LLC1,838,482$14.5M12.95%00.0%Unchanged
Deerfield Management Company, L.P. (Series C)1,562,942$12.3M0.24%00.0%Unchanged
Vivo Capital, LLC1,183,260$9.35M1.24%00.0%Unchanged
Federated Hermes, Inc.1,158,000$9.15M0.02%00.0%Unchanged
ArrowMark Colorado Holdings LLC1,097,369$8.67M0.14%+469,700+74.8%Added
BlackRock, Inc.1,014,110$8.01M0.00%+7,552+0.8%Added
Vanguard Group Inc975,906$7.71M0.00%−3,417−0.3%Reduced
Rock Springs Capital Management LP878,667$6.94M0.40%00.0%Unchanged
Wellington Management Group LLP873,623$6.90M0.00%−261,666−23.0%Reduced
Pivotal bioVenture Partners Investment Advisor LLC736,645$5.82M4.71%00.0%Unchanged
Price T Rowe Associates Inc517,606$4.09M0.00%+6,386+1.2%Added
Eversept Partners, LP445,588$3.52M0.40%+273,485+158.9%Added
Geode Capital Management, LLC357,156$2.82M0.00%+8,396+2.4%Added
Catalio Capital Management, LP295,148$2.33M0.58%+107,964+57.7%Added
State Street Corp266,200$2.10M0.00%+54,694+25.9%Added
Schroder Investment Management Group164,035$1.34M0.00%−7,905−4.6%Reduced
Northern Trust Corp120,238$949.9K0.00%−4,008−3.2%Reduced
Charles Schwab Investment Management Inc116,140$917.5K0.00%−2,520−2.1%Reduced
Superstring Capital Management LP111,605$881.7K1.05%00.0%Unchanged
Morgan Stanley77,910$615.5K0.00%−280,302−78.3%Reduced
Jefferies Financial Group Inc.44,067$348.1K0.01%+44,067New
Bank of New York Mellon Corp35,188$278.0K0.00%−756−2.1%Reduced
Gsa Capital Partners LLP31,757$251.0K0.02%−24,282−43.3%Reduced
Nuveen, LLC31,626$249.8K0.00%+31,626New
Alps Advisors Inc28,132$222.2K0.00%−5,658−16.7%Reduced
BNP Paribas Arbitrage, SA25,298$199.9K0.00%+7,053+38.7%Added
Goldman Sachs Group Inc23,957$189.3K0.00%−18,217−43.2%Reduced
Deutsche Bank AG22,990$181.6K0.00%00.0%Unchanged
UBS Group AG20,765$164.0K0.00%−110,900−84.2%Reduced
Susquehanna International Group, LLP18,637$147.2K0.00%+18,637New
Birchview Capital, LP16,500$130.3K0.11%00.0%Unchanged
Barclays PLC16,160$127.7K0.00%−7,779−32.5%Reduced
SEI Investments Co11,956$94.5K0.00%+11,956New
Intech Investment Management LLC11,599$91.6K0.00%+11,599New
Rhumbline Advisers11,514$91.0K0.00%−27,428−70.4%Reduced
Stoneridge Investment Partners LLC10,955$87.0K0.07%00.0%Unchanged
Citigroup Inc10,810$85.4K0.00%−1,294−10.7%Reduced
Bank of America Corp10,579$83.6K0.00%−10,996−51.0%Reduced
MetLife Investment Management10,087$79.7K0.00%−138−1.3%Reduced
Mirae Asset Global ETFs Holdings Ltd.8,986$71.0K0.00%+390+4.5%Added
Wells Fargo & Company8,163$64.5K0.00%+181+2.3%Added
Corebridge Financial, Inc.7,529$59.5K0.00%−111−1.5%Reduced
JPMorgan Chase & Co7,267$57.4K0.00%−22,572−75.6%Reduced
The PNC Financial Services Group, Inc.6,500$51.4K0.00%+83+1.3%Added
New York State Common Retirement Fund6,200$49.0K0.00%+6,200New
Police & Firemen's Retirement System of New Jersey4,499$35.5K0.00%00.0%Unchanged
STRS Ohio2,800$22.1K0.00%00.0%Unchanged
Ameritas Investment Partners, Inc.1,608$12.7K0.00%00.0%Unchanged
Legal & General Group Plc1,519$12.0K0.00%00.0%Unchanged
Tower Research Capital LLC (TRC)1,411$11.1K0.00%+294+26.3%Added
California State Teachers Retirement System1,144$9.04K0.00%00.0%Unchanged
Royal Bank of Canada454$4.00K0.00%−686−60.2%Reduced
Amalgamated Bank524$4.00K0.00%00.0%Unchanged
CWM, LLC476$4.00K0.00%+476New
US Bancorp273$2.16K0.00%+273New
Sterling Capital Management LLC131$1.03K0.00%−95−42.0%Reduced
Signaturefd, LLC128$1.01K0.00%+128New
GAMMA Investing LLC41$3240.00%+41New
Nisa Investment Advisors, LLC28$2210.00%+28New
True Wealth Design, LLC3$240.00%+3New
EverSource Wealth Advisors, LLC2$160.00%+2New
Perceptive Advisors LLC0$00.00%−744,035−100.0%Sold out
Millennium Management LLC0$00.00%−134,896−100.0%Sold out
Citadel Advisors LLC0$00.00%−82,624−100.0%Sold out
Norges Bank0$00.00%−66,202−100.0%Sold out
M&T Bank Corp0$00.00%−62,622−100.0%Sold out
Renaissance Technologies LLC0$00.00%−38,400−100.0%Sold out
Two Sigma Investments, LP0$00.00%−17,045−100.0%Sold out
R Squared Ltd0$00.00%−210−100.0%Sold out
MRP Capital Investments, LLC0$00.00%−35−100.0%Sold out
SBI Securities Co., Ltd.0$00.00%−2−100.0%Sold out
Nuveen Asset Management, LLC––––Not filed