New Positions
13 managers initiated
Top five by reported value
- Focus Partners Wealth$462.3K
- Torrey Growth & Income Advisors$377.1K
- MARTINGALE ASSET MANAGEMENT L P$212.0K
- Krilogy Financial LLC$144.2K
- XTX Topco Ltd$134.3K
Candel Therapeutics Inc NASDAQ NMS - GLOBAL MARKET:CADL
Institutional holders, quarter-over-quarter share deltas, and new and closed positions disclosed in Form 13F. Period 2025-12-31 · prior 2025-09-30.
13 new33 added38 reduced10 exited
Total Institutional Holders
84
as of 2025-12-31
Top Holder
FMR LLC
$46.5M
Largest QoQ Increase
BlackRock, Inc.
+482,359 sh
Largest QoQ Decrease
SUSQUEHANNA INTERNATIONAL GROUP, LLP
-155,413 sh
New Positions(13)
| Manager | Shares | Δ Shares | Value | Δ Value | % Δ |
|---|---|---|---|---|---|
| Focus Partners Wealth | 81,816 | +81,816 | $462.3K | +$462.3K | — |
| Torrey Growth & Income Advisors | 66,750 | +66,750 | $377.1K | +$377.1K | — |
| MARTINGALE ASSET MANAGEMENT L P | 37,519 | +37,519 | $212.0K | +$212.0K | — |
| Krilogy Financial LLC | 24,000 | +24,000 | $144.2K | +$144.2K | — |
| XTX Topco Ltd | 23,776 | +23,776 | $134.3K | +$134.3K | — |
| Boreal Capital Management LLC | 16,000 | +16,000 | $90.4K | +$90.4K | — |
| ProShare Advisors LLC | 10,433 | +10,433 | $58.9K | +$58.9K | — |
| China Universal Asset Management Co., Ltd. | 8,946 | +8,946 | $50.5K | +$50.5K | — |
| GROUP ONE TRADING, L.P. | 8,895 | +8,895 | $50.3K | +$50.3K | — |
| Mirae Asset Global Investments Co., Ltd. | 2,668 | +2,668 | $15.1K | +$15.1K | — |
| GF FUND MANAGEMENT CO. LTD. | 1,078 | +1,078 | $6.1K | +$6.1K | — |
| Caitong International Asset Management Co., Ltd | 58 | +58 | $328 | +$328 | — |
| Virtu Financial LLC | 26,832 | +26,832 | $152 | +$152 | — |
Added To(33)
| Manager | Shares | Δ Shares | Value | Δ Value | % Δ |
|---|---|---|---|---|---|
| FMR LLC | 8,234,299 | +914 | $46.5M | +$4.5M | 0.0% |
| BlackRock, Inc. | 2,861,689 | +482,359 | $16.2M | +$4.0M | 20.3% |
| VANGUARD GROUP INC | 2,305,060 | +297,948 | $13.0M | +$2.8M | 14.8% |
| Portolan Capital Management, LLC | 1,695,367 | +311,225 | $9.6M | +$2.5M | 22.5% |
| STATE STREET CORP | 792,218 | +103,452 | $4.5M | +$963.3K | 15.0% |
| GEODE CAPITAL MANAGEMENT, LLC | 977,512 | +49,315 | $5.5M | +$789.2K | 5.3% |
| Halter Ferguson Financial Inc. | 748,055 | +50,051 | $4.2M | +$666.7K | 7.2% |
| COMMONWEALTH EQUITY SERVICES, LLC | 82,346 | +125 | $465.3K | +$464.8K | 0.1% |
| MORGAN STANLEY | 134,031 | +58,090 | $757.3K | +$370.0K | 76.5% |
| WELLS FARGO & COMPANY/MN | 73,899 | +47,588 | $417.5K | +$283.3K | 180.9% |
| JANE STREET GROUP, LLC | 143,199 | +32,799 | $809.1K | +$246.0K | 29.7% |
| GOLDMAN SACHS GROUP INC | 65,085 | +29,064 | $367.7K | +$184.0K | 80.7% |
| ALPS ADVISORS INC | 45,079 | +18,801 | $254.7K | +$120.7K | 71.5% |
| UBS Group AG | 104,339 | +10,268 | $589.5K | +$109.8K | 10.9% |
| RAYMOND JAMES FINANCIAL INC | 33,000 | +10,836 | $186.4K | +$73.4K | 48.9% |
| Bank of New York Mellon Corp | 95,208 | +639 | $537.9K | +$55.6K | 0.7% |
| LPL Financial LLC | 28,653 | +7,250 | $161.9K | +$52.7K | 33.9% |
| BANK OF AMERICA CORP /DE/ | 51,282 | +3,639 | $289.7K | +$46.8K | 7.6% |
| BARCLAYS PLC | 68,436 | +8,841 | $346.3K | +$42.4K | 14.8% |
| MONETA GROUP INVESTMENT ADVISORS LLC | 42,517 | +2,000 | $240.2K | +$33.6K | 4.9% |
| JPMORGAN CHASE & CO | 21,626 | +3,792 | $122.2K | +$31.2K | 21.3% |
| MetLife Investment Management, LLC | 19,443 | +3,955 | $109.9K | +$30.9K | 25.5% |
| Invesco Ltd. | 15,039 | +3,380 | $85.0K | +$25.5K | 29.0% |
| DEUTSCHE BANK AG\ | 28,375 | +1,716 | $160.3K | +$24.4K | 6.4% |
| BNP PARIBAS ARBITRAGE, SNC | 9,935 | +2,034 | $56.1K | +$15.8K | 25.7% |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | 20,000 | +538 | $113.0K | +$13.7K | 2.8% |
| Russell Investments Group, Ltd. | 4,163 | +905 | $23.5K | +$6.9K | 27.8% |
| CITIGROUP INC | 2,674 | +963 | $15.1K | +$6.4K | 56.3% |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | 2,699 | +243 | $15.2K | +$2.7K | 9.9% |
| Sterling Capital Management LLC | 510 | +156 | $2.9K | +$1.1K | 44.1% |
| GAMMA Investing LLC | 295 | +96 | $1.7K | +$652 | 48.2% |
| PRICE T ROWE ASSOCIATES INC /MD/ | 25,814 | +6,176 | $146 | +$45 | 31.4% |
| AMALGAMATED BANK | 1,377 | +397 | $8 | +$3 | 40.5% |
Reduced(38)
Sold Out(10)
| Manager | Shares | Δ Shares | Value | Δ Value | % Δ |
|---|---|---|---|---|---|
| WELLINGTON MANAGEMENT GROUP LLP | 0 | -137,888 | $0 | -$703.2K | — |
| MILLENNIUM MANAGEMENT LLC | 0 | -136,670 | $0 | -$697.0K | — |
| MARSHALL WACE, LLP | 0 | -103,847 | $0 | -$529.6K | — |
| Kovitz Investment Group Partners, LLC | 0 | -79,316 | $0 | -$404.5K | — |
| Balyasny Asset Management LLC | 0 | -49,483 | $0 | -$252.4K | — |
| EntryPoint Capital, LLC | 0 | -18,696 | $0 | -$95.3K | — |
| Quadrature Capital Ltd | 0 | -13,831 | $0 | -$70.5K | — |
| Quarry LP | 0 | -4,200 | $0 | -$21.4K | — |
| EverSource Wealth Advisors, LLC | 0 | -86 | $0 | -$439 | — |
| SRS Capital Advisors, Inc. | 0 | -54 | $0 | -$275 | — |
Top Holders by reported value
Ranked by the dollar value reported on the latest Form 13F. Share counts reflect long positions as of 2025-12-31.
| Manager | Shares | $ Value | Δ Shares | QoQ % |
|---|---|---|---|---|
| FMR LLC | 8,234,299 | $46.5M | +914 | 0.0% |
| BlackRock, Inc. | 2,861,689 | $16.2M | +482,359 | 20.3% |
| ACORN CAPITAL ADVISORS, LLC | 2,580,517 | $14.6M | 0 | 0.0% |
| VANGUARD GROUP INC | 2,305,060 | $13.0M | +297,948 | 14.8% |
| Portolan Capital Management, LLC | 1,695,367 | $9.6M | +311,225 | 22.5% |
| GEODE CAPITAL MANAGEMENT, LLC | 977,512 | $5.5M | +49,315 | 5.3% |
| STATE STREET CORP | 792,218 | $4.5M | +103,452 | 15.0% |
| Halter Ferguson Financial Inc. | 748,055 | $4.2M | +50,051 | 7.2% |
| Sands Capital Ventures, LLC | 405,837 | $2.3M | 0 | 0.0% |
| CITADEL ADVISORS LLC | 357,756 | $2.0M | -51,735 | -12.6% |
| NORTHERN TRUST CORP | 295,438 | $1.7M | -11,337 | -3.7% |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | 240,908 | $1.4M | -155,413 | -39.2% |
| Tanager Wealth Management LLP | 198,175 | $1.1M | 0 | 0.0% |
| JANE STREET GROUP, LLC | 143,199 | $809.1K | +32,799 | 29.7% |
| MORGAN STANLEY | 134,031 | $757.3K | +58,090 | 76.5% |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 121,004 | $683.7K | 0 | 0.0% |
| UBS Group AG | 104,339 | $589.5K | +10,268 | 10.9% |
| TWO SIGMA INVESTMENTS, LP | 99,200 | $560.5K | -36,916 | -27.1% |
| Bank of New York Mellon Corp | 95,208 | $537.9K | +639 | 0.7% |
| Nuveen, LLC | 92,482 | $522.5K | -117,180 | -55.9% |
New & Closed Positions this quarter
Closed Positions
10 managers exited
Top five by prior-quarter value
- WELLINGTON MANAGEMENT GROUP LLP$703.2K
- MILLENNIUM MANAGEMENT LLC$697.0K
- MARSHALL WACE, LLP$529.6K
- Kovitz Investment Group Partners, LLC$404.5K
- Balyasny Asset Management LLC$252.4K
Methodology
Form 13F is the SEC's quarterly disclosure for institutional investment managers exercising discretion over $100 million or more in qualifying U.S. equity securities. Managers must file within 45 days of each calendar quarter end, which is why holdings shown here reflect a snapshot at the period date — not real-time positioning.
Quarter-over-quarter deltas compare each manager's most recently reported share count for CADL against its prior-quarter count. New positions are entries where the prior count was zero; closed positions are entries where the current count is zero. Amendments (13F-HR/A) replace prior filings for the same period.
Source: SEC EDGAR Form 13F (XML information tables). Dollar values are as reported by the manager and may use mid-quarter pricing conventions. CUSIP-to-ticker resolution is best-effort.