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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, Q2 2026

Institutional positions in Zenas BioPharma, Inc. as of Jun 30, 2026. 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
144
+6 vs. Q1 2026
Shares held
61.3M
+3.48M (+6.0%) vs. Q1 2026
Total value
$1.55B
+$404.0M (+35.3%) vs. Q1 2026
New holders
28
62 more added
Sold out
22
39 more reduced

2 institutions that held it in Q1 2026 haven't filed for Q2 2026 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q1 2026: 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 holdersQ2 2026: 144 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 heldQ2 2026: $1.55B
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, Q2 2026

Shares, value and share of portfolio for each institution holding Zenas BioPharma, Inc.; share changes are against Q1 2026.

Institutions holding ZBIO in Q2 2026
InstitutionSharesValue% of portfolioChange in sharesAction
BNP Paribas Arbitrage, SA151,086$3.83M0.00%+141,087+1,411.0%Added
Voleon Capital Management LP167,145$4.24M0.08%+137,533+464.5%Added
UBS Group AG178,089$4.52M0.00%−189,316−51.5%Reduced
Citadel Advisors LLC195,780$4.97M0.00%+128,910+192.8%Added
Sio Capital Management, LLC208,557$5.29M0.91%−123,173−37.1%Reduced
Walleye Capital LLC209,050$5.31M0.03%+83,818+66.9%Added
iA Global Asset Management Inc.215,130$5.46M0.06%−700−0.3%Reduced
Sphera Funds Management Ltd.230,834$5.86M0.84%+16,500+7.7%Added
Vanguard Fiduciary Trust Co254,623$6.46M0.00%+75,235+41.9%Added
Goldman Sachs Group Inc271,163$6.88M0.00%−110,298−28.9%Reduced
Northern Trust Corp281,140$7.14M0.00%+86,500+44.4%Added
Charles Schwab Investment Management Inc302,085$7.67M0.00%+77,683+34.6%Added
Vanguard Portfolio Management LLC304,870$7.74M0.00%+53,460+21.3%Added
Jennison Associates LLC314,049$7.97M0.00%+64,049+25.6%Added
Marshall Wace, LLP323,442$8.21M0.01%−178,486−35.6%Reduced
Vestal Point Capital, LP365,000$9.26M0.22%+165,000+82.5%Added
NEXTBio Capital Management LP426,736$10.8M4.98%00.0%Unchanged
Pivotal bioVenture Partners Investment Advisor LLC490,766$12.5M4.05%−101,225−17.1%Reduced
Rock Springs Capital Management LP502,077$12.7M0.62%00.0%Unchanged
Silverarc Capital Management, LLC509,789$12.9M1.44%−626,146−55.1%Reduced
ArrowMark Colorado Holdings LLC573,318$14.6M0.61%−85,591−13.0%Reduced
Balyasny Asset Management LLC576,717$14.6M0.03%−90,353−13.5%Reduced
Woodline Partners LP590,539$15.0M0.05%+140.0%Added
Millennium Management LLC660,470$16.8M0.01%+183,652+38.5%Added
EcoR1 Capital, LLC789,500$20.0M0.99%00.0%Unchanged
Two Sigma Investments, LP815,150$20.7M0.02%+540,094+196.4%Added
Alliancebernstein L.P.1,103,388$21.6M0.01%+206,067+23.0%Added
Geode Capital Management, LLC882,654$22.4M0.00%+226,869+34.6%Added
Price T Rowe Associates Inc1,226,928$31.1M0.00%+869,662+243.4%Added
Bank of America Corp1,231,159$31.2M0.00%+842,812+217.0%Added
Vanguard Capital Management LLC1,354,864$34.4M0.00%+109,473+8.8%Added
Wellington Management Group LLP1,593,819$40.5M0.01%+347,766+27.9%Added
NVP Associates, LLC1,838,482$46.7M14.22%00.0%Unchanged
State Street Corp2,055,100$52.2M0.00%+584,177+39.7%Added
Fairmount Funds Management LLC2,359,025$59.9M3.96%00.0%Unchanged
Royalty Pharma Sub-Manager, LLC2,388,150$60.6M25.05%00.0%Unchanged
Polar Capital Holdings Plc2,412,772$61.2M0.17%−135,672−5.3%Reduced
Capital International Investors2,502,912$63.5M0.01%+68,912+2.8%Added
BlackRock, Inc.2,686,225$68.2M0.00%+648,677+31.8%Added
Federated Hermes, Inc.3,116,805$79.1M0.11%−10,226−0.3%Reduced
Enavate Sciences GP, LLC3,919,159$99.5M28.80%00.0%Unchanged
NEA Management Company, LLC4,023,219$102.1M6.43%00.0%Unchanged
Sr One Capital Management, LP5,037,854$127.9M12.31%00.0%Unchanged
FMR LLC9,506,701$241.3M0.01%+424,701+4.7%Added
Great Point Partners LLC0$00.00%−524,066−100.0%Sold out
Jefferies Financial Group Inc.0$00.00%−219,947−100.0%Sold out
SEB Asset Management AB0$00.00%−163,860−100.0%Sold out
Monashee Investment Management LLC0$00.00%−150,000−100.0%Sold out
Maven Securities LTD0$00.00%−150,000−100.0%Sold out
Susquehanna International Group, LLP0$00.00%−85,005−100.0%Sold out
Voloridge Investment Management, LLC0$00.00%−77,493−100.0%Sold out
DAFNA Capital Management LLC0$00.00%−42,500−100.0%Sold out
Schroder Investment Management Group0$00.00%−33,697−100.0%Sold out
Jacobs Levy Equity Management, Inc0$00.00%−27,532−100.0%Sold out
Aquatic Capital Management LLC0$00.00%−18,640−100.0%Sold out
Schonfeld Strategic Advisors LLC0$00.00%−17,638−100.0%Sold out
CI Private Wealth, LLC0$00.00%−16,845−100.0%Sold out
Prelude Capital Management, LLC0$00.00%−16,645−100.0%Sold out
Fox Run Management, L.L.C.0$00.00%−13,331−100.0%Sold out
SEI Investments Co0$00.00%−12,386−100.0%Sold out
STRS Ohio0$00.00%−2,800−100.0%Sold out
Fifth Third Bancorp0$00.00%−107−100.0%Sold out
SBI Securities Co., Ltd.0$00.00%−20−100.0%Sold out
MAI Capital Management0$00.00%−12−100.0%Sold out
Stone House Investment Management, LLC0$00.00%−5−100.0%Sold out
True Wealth Design, LLC0$00.00%−3−100.0%Sold out
CWM, LLC––––Not filed
Sunbelt Securities, Inc.––––Not filed