CNTB · Connect Biopharma Holdings Ltd · Holdings

$0.85 +0.00 (+0.36%) Q2 2022 earnings call transcript

Russell 2000 member Rebalance outlook locked

Market Cap

$53.06M

62.97M

Volume · Oct 28 42.93K Avg daily vol (3M) 3.89M

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.

Use institutional holdings through the 13F API or MCP → See every holder of CNTB: 13F, 13D and 13G, insiders and funds →

The Sep 30, 2026 filing window is still open — showing the latest known positions. Funds that have not filed yet carry their prior-quarter positions; a fund that filed without this stock counts as sold out. Each fund's Change is measured against its own previous reported quarter, shown in the Reported column. Pick a completed quarter in the Quarter selector below to put every fund on one quarter and see the stock-wide activity breakdown.

Quarter:

Holders: 56

Total Value: $32,942,557

Total Shares: 13,878,036

Institutional Ownership Trend

5 quarters

Holder Concentration

Across 55 13F filers

Top Holder

32.7%

of institutional value

Top 5

60.9%

of institutional value

Top 10

81.1%

of institutional value

HHI

1,382

Broadly held

Who Holds CNTB

Last 5 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: 55 filers, like-for-like change +8.8%; actively managed books -1.3%; index-like books +2016.8%.

Holder type	Share	Filers	Change	New	Exited
Registered adviser	74.7%	21	-4.2%	5	4
Exempt adviser	7.0%	4	+70.7%	1	1
Bank	2.6%	10	+534.3%	5	0
Non-US	0.0%	2	+38166.7%	1	0
Holding company	6.3%	3	+2534.7%	2	1
Benefit plan	0.0%	0	—	0	0
Unknown	9.3%	15	+2.3%	10	3

Style	Share	Filers	Change	New	Exited
Index-like	10.1%	11	+2016.8%	8	1
Systematic-like	9.1%	6	-33.3%	1	2
Concentrated	14.1%	7	-0.1%	0	3
Diversified active	66.6%	31	+5.3%	15	2
Unknown	0.0%	0	-100.0%	0	1

Turnover	Share	Filers	Change	New	Exited
Low turnover	14.9%	24	+231.5%	14	2
Medium turnover	36.5%	14	+19.4%	4	1
High turnover	47.7%	14	-15.9%	4	6
Unknown	0.9%	3	+884.5%	2	0

Holding horizon	Share	Filers	Change	New	Exited
Short horizon	4.1%	9	+9.7%	4	2
Medium horizon	62.9%	14	+8.8%	6	2
Long horizon	7.1%	26	-12.4%	14	3
Unknown	25.9%	6	+16.6%	0	2

13F book size	Share	Filers	Change	New	Exited
Under $1B	52.7%	12	-3.0%	2	2
$1B to $10B	29.1%	12	+2.5%	4	2
$10B to $100B	1.0%	4	-7.8%	3	2
$100B or more	17.1%	27	+115.0%	15	3

Client base	Share	Filers	Change	New	Exited
Individuals and high net worth	0.5%	3	0.0%	0	0
Pooled investment vehicles	68.6%	11	-8.2%	1	3
Registered funds and BDCs	3.0%	4	+389.7%	3	1
Governments and sovereign funds	0.1%	1	+1307.6%	0	0
Other investment advisers	0.0%	0	—	0	0
Diversified	0.0%	1	new	1	0
Unknown	27.9%	35	+73.3%	19	5

Private funds	Share	Filers	Change	New	Exited
Hedge funds	78.2%	16	-1.6%	2	3
Other private funds	0.2%	2	+2906.2%	1	0
Mixed private funds	0.0%	0	—	0	0
No private funds	3.4%	7	+345.1%	3	0
Venture capital funds	0.0%	0	-100.0%	0	1
Private funds, type not stated	0.0%	0	-100.0%	0	1
Unknown	18.2%	30	+87.3%	18	4

Location	Share	Filers	Change	New	Exited
United States	96.0%	44	+6.2%	19	9
Outside the US	4.0%	11	+176.8%	5	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.

Conviction and Crowding

55 13F filers, quarter ended Jun 30, 2026

Measured 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.

Conviction holders

0.000% of filers hold it in their top 10

Mar 31, 2026: 1

Holders above 5%

median weight 0.000%

Mar 31, 2026: 0

Crowding

17.5%

of shares outstanding, 51st percentile

Mar 31, 2026: 20.7%

Private-fund advisers

17.3%

of shares outstanding

Institutional ownership

22.0%

28.3% of the estimated free float

Top 10 holders

81.2%

of 13F shares, Herfindahl 0.139

Active holders

-1.3%

like-for-like share change of active filers

5% stakes on record

1 13D, 0 13G

How long holders have held it value-weighted 2.6 quarters

Under 1 year 89.1% 1 to 3 years 10.9% 3 years or more 0.000% Since coverage start 0.000%

Managers in the top fifth by current three-year FundScore alpha were net sellers of $8,982 (0 buying, 1 selling).

Estimated Holder Cost Basis

Quarter ended Jun 30, 2026, on that quarter's share basis

Estimated, 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 avg cost

$2.31

estimated per share

Mar 31, 2026: $2.28

Quarter-end price

$2.38

implied by 13F values

Estimated gain or loss

+3.1%

price against the estimated cost

Estimated at a loss

41.0%

of costed 13F value

Estimated cost covers 99.9% 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 CNTB's active holders also own, quarter ended Jun 30, 2026

#	Company	Shared holders	Similarity
1	PTHS Pelthos Therapeutics Inc.	3	0.342
2	SPRB Spruce Biosciences, Inc.	4	0.322
3	CLRB Cellectar Biosciences, Inc.	3	0.320
4	IVVD Invivyd, Inc.	4	0.293
5	PHAT Phathom Pharmaceuticals, Inc.	4	0.270
6	HELP Helus Pharma Inc.	4	0.257
7	SLDB Solid Biosciences Inc.	4	0.257
8	CTNM Contineum Therapeutics, Inc.	4	0.251
9	GUTS Fractyl Health, Inc.	3	0.226
10	CBIO Crescent Biopharma, Inc.	3	0.219

Shareholder Targets

13F filers that own its peers but not CNTB, quarter ended Jun 30, 2026

Found through its holder-overlap peers: PTHS, SPRB, CLRB, IVVD, PHAT, HELP, SLDB, CTNM, GUTS, CBIO, XERS, VSTM, PLRX, MGTX, OVID, PRQR, TENX, VRDN, HRTX, COGT. 680 filers in all.

#	Filer	In peers	Of book	Largest peers
1	VANGUARD CAPITAL MANAGEMENT LLC Registered adviser, Index-like	$615,931,805 17 held	0.010%	COGT, VRDN, XERS
2	Jupiter Topco LLC Unknown, Diversified active	$444,973,435 11 held	0.180%	COGT, OVID, CTNM
3	Fairmount Funds Management LLC Registered adviser, Concentrated	$355,964,211 3 held	23.5%	COGT, VRDN, CBIO
4	Kynam Capital Management, LP Registered adviser, Concentrated	$263,387,722 3 held	14.6%	COGT, VRDN, PRQR
5	WELLINGTON MANAGEMENT GROUP LLP Holding company, Diversified active	$254,646,204 12 held	0.040%	COGT, VRDN, XERS
6	Deep Track Capital, LP Adviser, Diversified active	$200,943,649 4 held	2.96%	COGT, VRDN, SLDB
7	GOLDMAN SACHS GROUP INC Holding company, Index-like	$199,113,097 16 held	0.020%	COGT, VRDN, PHAT
8	DEERFIELD MANAGEMENT COMPANY, L.P. Registered adviser, Concentrated	$193,736,224 1 held	2.41%	COGT
9	TCG Crossover Management, LLC Unknown, Diversified active	$187,866,673 1 held	4.52%	COGT
10	Venrock Adviser, LLC Registered adviser, Concentrated	$187,263,559 4 held	5.68%	COGT, VRDN, CBIO

Fund Ownership of CNTB by Fund Type

Registered funds' Form N-PORT reports for the quarter ended Jun 30, 2026

Index funds and index ETFs hold 0.01% of shares outstanding.

Fund type	Of shares outstanding	Change	Shares	Funds
Index funds	0.01%	+0.01 pp	8,309	3
Index ETFs	0.00%	0.00 pp	0	0
Active ETFs	0.00%	0.00 pp	0	0
Active funds	0.00%	0.00 pp	0	0
Unclassified	0.00%	0.00 pp	0	0
All registered funds	0.01%	+0.01 pp	8,309	3

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 type: Registered adviser 23 Exempt adviser 3 Bank 10 Non-US 2 Holding company 3 Unknown 15

Showing 57 of 57

All Common Calls Puts

Compact Export CSV

Holder

Value (USD)

% of 13F

Ikarian Capital, LLC

$10,801,710

32.79%

4,538,534

683 Capital Management, LLC

$3,058,300

9.28%

1,285,000

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
683 Capital Partners, LP	1,285,000	$3,058,300	100.0%	Defined

BOOTHBAY FUND MANAGEMENT, LLC

$2,317,482

7.03%

973,732

BlackRock, Inc.

$2,074,532

6.30%

871,653

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
BLACKROCK FINANCIAL MANAGEMENT INC/DE	1,054	$2,508	0.1%	Sole
BlackRock Investment Management, LLC	9,892	$23,542	1.1%	Sole
BlackRock Fund Advisors	814,506	$1,938,524	93.4%	Sole
BlackRock Institutional Trust Company, N.A.	46,201	$109,958	5.3%	Sole

PERCEPTIVE ADVISORS LLC

$1,886,616

5.73%

792,696

ADAR1 Capital Management, LLC

$1,666,000

5.06%

700,000

BML Capital Management, LLC

$1,364,423

4.14%

573,287

SILVERARC CAPITAL MANAGEMENT, LLC

$1,297,100

3.94%

545,000

Richmond Brothers, Inc.

$1,274,756

3.87%

535,612

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Manager 1	140,408	$334,171	26.2%	Sole
Held directly	395,204	$940,585	73.8%	Sole

Knott David M Jr

$1,058,771

3.21%

444,862

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Dorset Partners LLC	444,862	$1,058,771	100.0%	Defined

Stonepine Capital Management, LLC

$866,924

2.63%

364,254

MARSHALL WACE, LLP

$798,826

2.42%

335,642

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Marshall Wace North America L.P. joint	325,869	$775,567	97.1%	Other
MARSHALL WACE ASIA Ltd	9,773	$23,259	2.9%	Other

GEODE CAPITAL MANAGEMENT, LLC

$612,740

1.86%

257,454

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
GEODE CAPITAL MANAGEMENT TRUST COMPANY, LLC	21,698	$51,641	8.4%	Defined
Held directly	235,756	$561,099	91.6%	Defined

TWO SIGMA INVESTMENTS, LP

$474,526

1.44%

199,381

DIADEMA PARTNERS LP

$468,824

1.42%

196,985

Burkehill Global Management, LP

$357,000

1.08%

150,000

VANGUARD PORTFOLIO MANAGEMENT LLC

$244,556

0.74%

102,755

SUSQUEHANNA INTERNATIONAL GROUP, LLP

$243,112

0.74%

102,148

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
SUSQUEHANNA SECURITIES, LLC	102,148	$243,112	100.0%	Other

RENAISSANCE TECHNOLOGIES LLC

$207,774

0.63%

87,300

NORTHERN TRUST CORP

$197,210

0.60%

82,862

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
NORTHERN TRUST CO joint	80,470	$191,518	97.1%	Defined
DWS INVESTMENT MANAGEMENT AMERICAS, INC joint	2,392	$5,692	2.9%	Other

SIMPLEX TRADING, LLC

$195,036

0.59%

81,948

STATE STREET CORP

$158,746

0.48%

66,700

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
SSGA FUNDS MANAGEMENT, INC. joint	66,700	$158,746	100.0%	Defined

UBS Group AG

$158,153

0.48%

66,451

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
UBS AG	66,451	$158,153	100.0%	Defined

Persistent Asset Partners Ltd

$118,697

0.36%

49,873

NEW YORK STATE COMMON RETIREMENT FUND

$115,192

0.35%

48,400

MILLENNIUM MANAGEMENT LLC

$104,025

0.32%

43,708

ROYAL BANK OF CANADA

$97,437

0.30%

40,940

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
RBC CMA LTD.	540	$1,285	1.3%	Defined
BREWIN DOLPHIN WEALTH MANAGEMENT LTD	40,400	$96,152	98.7%	Defined

BANK OF AMERICA CORP /DE/

$97,389

0.30%

40,920

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
BOFA SECURITIES, INC.	40,920	$97,389	100.0%	Defined

CHARLES SCHWAB INVESTMENT MANAGEMENT INC

$87,488

0.27%

36,760

XTX Topco Ltd

$68,208

0.21%

28,659

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
XTX EXECUTION SERVICES LLC joint	28,659	$68,208	100.0%	Defined

Bank of New York Mellon Corp

$57,007

0.17%

23,953

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
The Bank of New York Mellon	23,952	$57,005	100.0%	Defined
Held directly	1	$2	0.0%	Defined

Koa Wealth Management, LLC

$54,560

0.17%

49,600

Nuveen, LLC

$47,059

0.14%

19,773

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
TEACHERS ADVISORS, LLC joint	19,773	$47,059	100.0%	Defined

SUSQUEHANNA INTERNATIONAL GROUP, LLP

$43,554

0.13%

18,300

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
SUSQUEHANNA SECURITIES, LLC	18,300	$43,554	100.0%	Other

WELLS FARGO & COMPANY/MN

$31,511

0.10%

13,240

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
WELLS FARGO BANK N A	13,240	$31,511	100.0%	Defined

PRICE T ROWE ASSOCIATES INC /MD/

$29,676

0.09%

12,469

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
T. Rowe Price International Ltd	12,469	$29,676	100.0%	Defined

JPMORGAN CHASE & CO

$27,887

0.08%

11,718

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
JPMorgan Chase Bank, N.A.	11,597	$27,600	99.0%	Defined
J.P. Morgan Securities plc	121	$287	1.0%	Defined

VANGUARD FIDUCIARY TRUST CO

$26,927

0.08%

11,314

MONOGRAPH WEALTH ADVISORS, LLC

$26,489

0.08%

11,130

RHUMBLINE ADVISERS

$26,130

0.08%

10,979

MORGAN STANLEY

$20,559

0.06%

8,639

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
MORGAN STANLEY & CO INTERNATIONAL PLC	2	$4	0.0%	Defined
MORGAN STANLEY & CO. LLC	4,066	$9,677	47.1%	Defined
MORGAN STANLEY CAPITAL SERVICES, LLC	2,362	$5,621	27.3%	Defined
MORGAN STANLEY SMITH BARNEY LLC	2,209	$5,257	25.6%	Defined

CITIGROUP INC

$16,625

0.05%

6,986

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Citigroup Financial Products Inc. joint	6,986	$16,625	100.0%	Defined

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.

$16,431

0.05%

6,904

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Global X Management CO LLC joint	6,904	$16,431	100.0%	Defined

SmartHarvest Portfolios, LLC

$14,186

0.04%

12,897

BARCLAYS PLC

$6,851

0.02%

2,879

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
BARCLAYS BANK PLC	1,974	$4,698	68.6%	Defined
BARCLAYS CAPITAL INC.	905	$2,153	31.4%	Defined

Legal & General Group Plc

$5,747

0.02%

2,415

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Legal & General Investment Management America Inc	2,415	$5,747	100.0%	Defined

FNY Investment Advisers, LLC

$5,500

0.02%

5,000

BNP PARIBAS ARBITRAGE, SA

$5,450

0.02%

2,290

Russell Investments Group, Ltd.

$2,844

0.01%

1,195

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Russell Investment Management, LLC	1,195	$2,844	100.0%	Defined

HUNTINGTON NATIONAL BANK

$2,370

0.01%

996

Tower Research Capital LLC (TRC)

$2,099

0.01%

882

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Latour Trading LLC (Latour)	882	$2,099	100.0%	Defined

FMR LLC

$747

0.00%

314

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Fidelity Management & Research Co LLC	314	$747	100.0%	Defined

Sterling Capital Management LLC

$529

0.00%

481

Caitong International Asset Management Co., Ltd

$157

0.00%

GAMMA Investing LLC

$90

0.00%

IFP Advisors, Inc

$13

0.00%

SBI Securities Co., Ltd.

0.00%

Key facts CIK 1835268 CUSIP G23549101 13F (30d) 7 filings 7 filers Visit website Investor relations