CLNN · Clene Inc. · Holdings
Substantial doubt about the company's ability to continue as a going concern.
“These conditions raise substantial doubt about the Company's ability to continue as a going concern. To mitigate our funding needs, we plan to raise additional funding, including exploring equity financing and offerings, debt financing, licensing or collaboration arrangements with third parties, as well as utilizing our existing at-the-market facility and potential proceeds from the exercise of outstanding warrants and stock options. These plans are subject to market conditions and reliance on third parties, and there is no assurance that effective implementation of our plans will result in the necessary funding to continue current operations. During the three and six months ended June 30, 2026, we raised $7.0 million and $13.0 million, respectively, of gross proceeds from registered direct offerings of equity securities (see Note 13 to the condensed consolidated financial statements). While we have implemented cost-saving initiatives, including delaying and reducing certain research and development programs and commercialization efforts, reducing employee compensation, and eliminating certain staff positions, we have concluded that our plans do not alleviate the substantial doubt about our ability to continue as a going concern beyond one year from the date the condensed consolidated financial statements contained in this report are issued.”View the 10-Q filed Aug 14, 2026
Institutional ownership from SEC Form 13F filings. Investment managers with more than $100 million in U.S. equities must disclose their positions every quarter, within 45 days of quarter-end, so the holdings shown can lag the market by up to a quarter.
Institutional Ownership Trend
Holder Concentration
Across 33 13F filersWho Holds CLNN
Last 8 quarters through Sep 30, 2026 (filing window open)Each kind of 13F filer's share of the common shares 13F filers report. Holder type comes from regulatory records, never the filer's name; style, turnover and horizon are measured from each filer's own 13F book. The quarter selector does not change this card.
Jun 30, 2026, the newest closed quarter: 33 filers, like-for-like change +80.5%; actively managed books +110.4%; index-like books +14.1%.
| Holder type | Share | Filers | Change |
|---|---|---|---|
| Registered adviser | 80.7% | 13 | +98.9% |
| Bank | 1.9% | 8 | +5.4% |
| Broker-dealer | 1.0% | 2 | -39.4% |
| Non-US | 0.0% | 2 | +2062.5% |
| Holding company | 2.6% | 3 | +48.4% |
| Adviser | 0.0% | 0 | — |
| Exempt adviser | 0.0% | 0 | — |
| Unknown | 13.8% | 5 | +43.1% |
| Style | Share | Filers | Change |
|---|---|---|---|
| Index-like | 19.6% | 7 | +14.1% |
| Systematic-like | 0.0% | 1 | 0.0% |
| Concentrated | 64.6% | 8 | +144.9% |
| Diversified active | 15.7% | 17 | +33.5% |
| Not measured | 0.0% | 0 | — |
| Unknown | 0.0% | 0 | — |
| Turnover | Share | Filers | Change |
|---|---|---|---|
| Low turnover | 22.1% | 18 | +23.2% |
| Medium turnover | 34.7% | 7 | +41.2% |
| High turnover | 1.9% | 4 | +15.8% |
| Unknown | 41.3% | 4 | +267.4% |
| Not measured | 0.0% | 0 | — |
| Holding horizon | Share | Filers | Change |
|---|---|---|---|
| Short horizon | 41.3% | 4 | +267.4% |
| Medium horizon | 38.9% | 7 | +35.4% |
| Long horizon | 19.2% | 20 | +24.7% |
| Unknown | 0.6% | 2 | +2670.7% |
| Not measured | 0.0% | 0 | — |
| 13F book size | Share | Filers | Change |
|---|---|---|---|
| Under $1B | 49.4% | 4 | +343.2% |
| $1B to $10B | 18.0% | 7 | -0.8% |
| $10B to $100B | 12.0% | 6 | +46.1% |
| $100B or more | 20.7% | 16 | +15.3% |
| Not measured | 0.0% | 0 | — |
| Client base | Share | Filers | Change |
|---|---|---|---|
| Individuals and high net worth | 2.0% | 5 | +24.4% |
| Pooled investment vehicles | 63.3% | 5 | +157.3% |
| Registered funds and BDCs | 13.7% | 2 | +7.9% |
| Other investment advisers | 1.6% | 1 | 0.0% |
| Unknown | 19.3% | 20 | +30.4% |
| Private funds | Share | Filers | Change |
|---|---|---|---|
| Hedge funds | 44.3% | 3 | +195.1% |
| Private equity funds | 0.0% | 0 | — |
| Mixed private funds | 18.9% | 1 | +100.0% |
| No private funds | 17.2% | 8 | +6.6% |
| Real estate funds | 0.4% | 1 | +1562.7% |
| Other private funds | 0.0% | 0 | — |
| Unknown | 19.3% | 20 | +30.4% |
| Location | Share | Filers | Change |
|---|---|---|---|
| United States | 99.9% | 29 | +80.7% |
| Outside the US | 0.1% | 4 | +15.0% |
The Sep 30, 2026 filing window is still open, so its bar carries the Jun 30, 2026 positions of filers that have not filed yet.
How the mix is measured
Shares are 13F common shares restated to today's split basis; options and principal amounts are left out. The change compares only filers with a 13F in both quarters and keeps each filer in its bucket of the later quarter on both sides; a filer that continues under a new CIK is compared through its successor. Holder type comes from each filer's current regulatory profile; client base and private funds come from the Form ADV roster current at each quarter end (rosters from December 2019, so an earlier quarter reads Unknown). Style, turnover, horizon and book size are measured from each filer's 13F book in the newest measured quarter, and Not measured means none was. Actively managed books are those measured systematic-like, concentrated or diversified active.
Excluded 1 holder with no observed 2026-06-30 13F.
Conviction and Crowding
33 13F filers, quarter ended Jun 30, 2026Measured across every 13F filer's common-share book once the quarter's filing window closed. Crowding counts filers with high turnover or that advise private funds on Form ADV.
Managers in the top fifth by current three-year FundScore alpha were net buyers of $0 (0 buying, 0 selling).
Estimated Holder Cost Basis
Quarter ended Jun 30, 2026, on that quarter's share basisEstimated, never filed: each 13F buy is costed at its quarter's average traded price and each sale keeps the average cost, so this is what holders paid on average if they traded evenly through each quarter.
Estimated cost covers 66.5% of the 13F shares; positions already held when a filer's 13F history starts, or bought in a quarter without a trusted average price, have no estimate.
Shared Holders
Companies CLNN's active holders also own, quarter ended Jun 30, 2026| # | Company | Shared holders |
|---|---|---|
| 1 | AAPL Apple Inc. | 3 |
Shareholder Targets
13F filers that own its peers but not CLNN, quarter ended Jun 30, 2026Found through its holder-overlap peers: AAPL. 6,137 filers in all.
| # | Filer | In peers | Largest peers |
|---|---|---|---|
| 1 | VANGUARD PORTFOLIO MANAGEMENT LLC Registered adviser, Diversified active | $96,680,718,980 1 held | AAPL |
| 2 | FMR LLC Holding company, Diversified active | $94,142,915,456 1 held | AAPL |
| 3 | JPMORGAN CHASE & CO Bank, Diversified active | $66,194,574,622 1 held | AAPL |
| 4 | Berkshire Hathaway Inc Insurer, Concentrated | $65,950,296,922 1 held | AAPL |
| 5 | NORGES BANK Non-US, Index-like | $55,188,725,945 1 held | AAPL |
| 6 | Invesco Ltd. Adviser, Diversified active | $54,389,705,456 1 held | AAPL |
| 7 | PRICE T ROWE ASSOCIATES INC /MD/ Registered adviser, Diversified active | $46,243,015,708 1 held | AAPL |
| 8 | BANK OF AMERICA CORP /DE/ Bank, Diversified active | $36,986,090,394 1 held | AAPL |
| 9 | GOLDMAN SACHS GROUP INC Holding company, Index-like | $32,334,274,219 1 held | AAPL |
| 10 | Legal & General Group Plc Unknown, Index-like | $30,443,241,805 1 held | AAPL |
Fund Ownership of CLNN by Fund Type
Registered funds' Form N-PORT reports for the quarter ended Jun 30, 2026Index funds and index ETFs hold 3.40% of shares outstanding.
| Fund type | Of shares outstanding | Shares |
|---|---|---|
| Index funds | 0.63% | 80,442 |
| Index ETFs | 2.78% | 356,747 |
| Active ETFs | 0.00% | 0 |
| Active funds | 0.01% | 1,724 |
| Unclassified | 0.00% | 0 |
| All registered funds | 3.42% | 438,913 |
How fund types are measured
Each fund series counts once, with its latest Form N-PORT report dated inside the quarter; only long share positions count, restated to today's split basis. The fund type is the series' latest Form N-CEN answer on or before the quarter end (the index-fund box and the exchange-traded flag), never its name. Unclassified funds have no usable N-CEN; unit investment trusts are among them, so index ownership is a floor. Funds sit inside their advisers' 13F reports, so these shares overlap the 13F figures and are never added to them.
| Holder | Value (USD) | % of 13F | Shares | Type | Filed | Open |
|---|---|---|---|---|---|---|
| Micro Empery Asset Management, LP Registered adviser | $5,645,837 | 28.84% | 916,532 | Shares | 2026-08-11 | |
| Small SCOGGIN MANAGEMENT LP Registered adviser | $3,696,000 | 18.88% | 600,000 | Shares | 2026-08-14 | |
| Mid Boxer Capital Management, LLC Registered adviser | $2,941,492 | 15.03% | 477,515 | Shares | 2026-08-14 | |
| Large Ensign Peak Advisors, Inc | $2,144,061 | 10.95% | 348,062 | Shares | 2026-08-14 | |
| Mega VANGUARD CAPITAL MANAGEMENT LLC Registered adviser | $2,055,628 | 10.50% | 333,706 | Shares | 2026-08-13 | |
| Mega GEODE CAPITAL MANAGEMENT, LLC Registered adviser | $629,644 | 3.22% | 102,215 | Shares | 2026-08-12 | |
| Mega BlackRock, Inc. Holding company | $379,202 | 1.94% | 61,559 | Shares | 2026-08-07 | |
| Mega VANGUARD FIDUCIARY TRUST CO | $355,832 | 1.82% | 57,765 | Shares | 2026-08-13 | |
| Small Lunt Capital Management, Inc. Registered adviser | $321,921 | 1.64% | 52,260 | Shares | 2026-07-30 | |
| Mid PARSONS CAPITAL MANAGEMENT INC/RI Registered adviser | $229,416 | 1.17% | 37,243 | Shares | 2026-07-24 | |
| Large PEAK6 LLC Broker-dealer | $184,873 | 0.94% | 30,012 | Shares | 2026-08-13 | |
| Mega STATE STREET CORP Bank | $183,574 | 0.94% | 29,801 | Shares | 2026-09-22 | |
| Mega MORGAN STANLEY Holding company | $122,325 | 0.62% | 19,858 | Shares | 2026-08-13 | |
| Mega NORTHERN TRUST CORP Bank | $121,493 | 0.62% | 19,723 | Shares | 2026-08-13 | |
| Large HRT FINANCIAL LP | $112,857 | 0.58% | 18,321 | Shares | 2026-08-14 | |
| Mid ADAR1 Capital Management, LLC Registered adviser | $92,400 | 0.47% | 15,000 | Shares | 2026-08-14 | |
| Large Arax Advisory Partners Registered adviser | $68,622 | 0.35% | 11,140 | Shares | 2026-08-10 | |
| Mega JANE STREET GROUP, LLC | $62,850 | 0.32% | 10,203 | Shares | 2026-08-14 | |
| Mid PENN DAVIS MCFARLAND INC Registered adviser | $44,880 | 0.23% | 11,000 | Shares | 2026-10-23 | |
| Mega WELLS FARGO & COMPANY/MN Bank | $36,510 | 0.19% | 5,927 | Shares | 2026-08-14 | |
| Mega Vanguard Global Advisers, LLC Registered adviser | $34,551 | 0.18% | 5,609 | Shares | 2026-08-13 | |
| Mega JONES FINANCIAL COMPANIES LLLP | $30,800 | 0.16% | 5,000 | Shares | 2026-08-14 | |
| Mega ROYAL BANK OF CANADA Bank | $18,480 | 0.09% | 3,000 | Shares | 2026-08-14 | |
| Mega PNC FINANCIAL SERVICES GROUP, INC. Bank | $16,847 | 0.09% | 2,735 | Shares | 2026-08-07 | |
| Small Atlantic Private Wealth, LLC Registered adviser | $13,582 | 0.07% | 2,205 | Shares | 2026-08-11 | |
| Large Steward Partners Investment Advisory, LLC Registered adviser | $12,320 | 0.06% | 2,000 | Shares | 2026-08-13 | |
| Large OSAIC HOLDINGS, INC. Holding company | $6,498 | 0.03% | 1,055 | Shares | 2026-08-14 | |
| Mid GROUP ONE TRADING LLC Broker-dealer | $4,225 | 0.02% | 686 | Shares | 2026-08-14 | |
| Mid SBI Securities Co., Ltd. Non-US | $4,182 | 0.02% | 1,025 | Shares | 2026-10-22 | |
| Mega UBS Group AG Bank | $2,161 | 0.01% | 351 | Shares | 2026-08-13 | |
| Mega BARCLAYS PLC Bank | $1,398 | 0.01% | 227 | Shares | 2026-08-14 | |
| Large US BANCORP \DE\ Bank | $123 | 0.00% | 20 | Shares | 2026-08-12 | |
| Mega BNP PARIBAS ARBITRAGE, SA Non-US | $80 | 0.00% | 13 | Shares | 2026-08-13 |