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Cabaletta Bio

128 hedge funds and large institutions have $1.11B invested in Cabaletta Bio in 2023 Q4 according to their latest regulatory filings, with 42 funds opening new positions, 41 increasing their positions, 31 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

320% more first-time investments, than exits

New positions opened: 42 | Existing positions closed: 10

78% more capital invested

Capital invested by funds: $623M → $1.11B (+$488M)

32% more repeat investments, than reductions

Existing positions increased: 41 | Existing positions reduced: 31

32% more funds holding

Funds holding: 97128 (+31)

25% more funds holding in top 10

Funds holding in top 10: 45 (+1)

11.44% more ownership

Funds ownership: 102.75%114.18% (+11%)

27% less call options, than puts

Call options by funds: $6.37M | Put options by funds: $8.73M

Holders
128
Holders Change
+31
Holders Change %
+31.96%
% of All Funds
1.87%
Holding in Top 10
5
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+25%
% of All Funds
0.07%
New
42
Increased
41
Reduced
31
Closed
10
Calls
$6.37M
Puts
$8.73M
Net Calls
-$2.37M
Net Calls Change
-$3.06M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$100M +$33.1M +1,966,808 +81%
FAM
2
Fred Alger Management
New York
$75.5M -$15.7M -932,323 -22%
Adage Capital Partners
3
Adage Capital Partners
Massachusetts
$74.2M
State Street
4
State Street
Massachusetts
$58.9M +$17.8M +1,061,628 +69%
VA
5
VR Adviser
New York
$58.2M +$9.93M +590,699 +30%
Vanguard Group
6
Vanguard Group
Pennsylvania
$48.4M +$2.75M +163,823 +8%
LCM
7
Lynx1 Capital Management
Puerto Rico
$47.9M +$74K +4,401 +0.2%
DM
8
Deerfield Management
New York
$45.6M -$5.59M -332,389 -14%
PA
9
Perceptive Advisors
New York
$45.5M +$14.6M +870,567 +77%
BCLSI
10
Bain Capital Life Sciences Investors
Massachusetts
$45.4M
Holocene Advisors
11
Holocene Advisors
New York
$43.6M +$12.4M +737,277 +62%
CC
12
Commodore Capital
New York
$43.1M -$10.5M -625,753 -25%
T. Rowe Price Investment Management
13
T. Rowe Price Investment Management
Maryland
$41.6M +$30.8M +1,832,854 New
Jennison Associates
14
Jennison Associates
New York
$36.9M +$3.43M +204,261 +14%
Invesco
15
Invesco
Georgia
$31.7M +$9.14M +543,899 +64%
RG
16
Redmile Group
California
$31.2M -$6.73M -400,063 -23%
PCH
17
Polar Capital Holdings
United Kingdom
$28.4M +$21M +1,250,000 New
Morgan Stanley
18
Morgan Stanley
New York
$17.6M +$9.29M +552,749 +249%
Geode Capital Management
19
Geode Capital Management
Massachusetts
$17.1M +$1.03M +61,304 +9%
Wellington Management Group
20
Wellington Management Group
Massachusetts
$12.3M +$4.93M +293,306 +119%
T. Rowe Price Associates
21
T. Rowe Price Associates
Maryland
$12M +$8.62M +512,450 +3,346%
IHAM
22
Integral Health Asset Management
New York
$11.8M +$3.19M +190,000 +58%
TCM
23
TCG Crossover Management
California
$11.1M
SC
24
Stempoint Capital
New York
$10.2M +$7.58M +450,706 New
SI
25
Sofinnova Investments
California
$9.75M +$7.22M +429,395 New

CABA Hedge Fund Activity: Q4 2023 in Review

128 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Cabaletta Bio (CABA) for Q4 2023, worth a combined $1.11B — up 78% from $623M a quarter earlier.

Buyers outnumbered sellers: 42 funds opened new CABA positions and 10 closed out — a net gain of 32 holders — while 41 added to existing stakes and 31 trimmed.

The largest buyer was BlackRock, adding an estimated $33.1M. The largest seller was Cormorant Asset Management, exiting entirely with an estimated $43.8M sold.

  • 128 institutional investors held Cabaletta Bio (CABA) as of Q4 2023, up from 97 in Q3 2023.
  • Funds reported $1.11B of Cabaletta Bio stock for Q4 2023, up 78% quarter-over-quarter.
  • 42 funds opened new Cabaletta Bio positions in Q4 2023 and 10 closed out, a net change of +32 holders.
  • The largest Cabaletta Bio buyer in Q4 2023 was BlackRock, an estimated $33.1M added.
  • The largest Cabaletta Bio seller in Q4 2023 was Cormorant Asset Management, an estimated $43.8M sold.

Based on aggregated 13F filings for Q4 2023.