CM
TRML

Caption Management’s Tourmaline Bio TRML Stock Holding History

Caption Management’s Portfolio TRML Stock Details TRML Fund Activity
Bought
Maintained
Sold
Quarter Market Value Status Shares Change in
Stake 		Trade Value Portfolio Weight Portfolio Position
2025
Q2 		– Sell
-45,000
Closed -$684K – 1905
2025
Q1 		$684K Buy
+45,000
New +$721K 0.01% 1015
2024
Q2 		– Sell
-202,600
Closed -$4.64M – 1511
2024
Q1 		$4.64M Buy
+202,600
New +$7.14M 0.07% 311

Other funds holding TRML

ACA
Avoro Capital Advisors New York $10.2B AUM 149.19% 1-Year Est. Return
RCM
RA Capital Management Boston, Massachusetts $9.44B AUM 157.3% 1-Year Est. Return
QF
QVT Financial New York $1.37B AUM 148.1% 1-Year Est. Return
BlackRock
BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return
TCM
TCG Crossover Management Palo Alto, California $3.5B AUM 1,165.83% 1-Year Est. Return
P
Pfizer New York $239M AUM 232.47% 1-Year Est. Return
Vanguard Group
Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return
BOCH
Blue Owl Capital Holdings New York $372M AUM 78.25% 1-Year Est. Return
OCA
Octagon Capital Advisors New York $904M AUM 737.04% 1-Year Est. Return
QUSVM
Qiming U.S. Ventures Management Bellevue, Washington $55.6M AUM 98.09% 1-Year Est. Return

Caption Management's TRML Position: Q2 2025 in Review

Caption Management sold out of Tourmaline Bio (TRML) in Q2 2025, closing a stake of 14,312 shares — an estimated $218K sold.

Caption Management first reported a position in TRML in Q1 2024 and held it in 2 quarters. The position peaked at $916K in Q1 2024. 108 funds tracked by Wall St. Rank hold TRML as of Q2 2025.

  • Caption Management reported no remaining Tourmaline Bio position as of Q2 2025 after selling out during the quarter.
  • Caption Management sold 14,312 Tourmaline Bio shares in Q2 2025, an estimated $218K.
  • Caption Management first reported a position in Tourmaline Bio in Q1 2024 and held it in 2 quarters.
  • Caption Management's Tourmaline Bio position peaked at $916K in Q1 2024.
  • 108 funds tracked by Wall St. Rank held Tourmaline Bio as of Q2 2025.

Based on Caption Management's 13F filing for Q2 2025, filed 14 Aug 2025.