Tectonic Therapeutic
TECX
78 hedge funds and large institutions have $199M invested in Tectonic Therapeutic in 2025 Q1 according to their latest regulatory filings, with 30 funds opening new positions, 29 increasing their positions, 12 reducing their positions, and 22 closing their positions.
142% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 12
36% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 22
11% more funds holding
Funds holding: 70 → 78 (+8)
8.06% more ownership
Funds ownership: 52.11% → 60.17% (+8.1%)
44% less capital invested
Capital invested by funds: $355M → $199M (-$156M)
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DTC
Deep Track Capital
Greenwich,
Connecticut
|
+$45.7M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$41.8M |
| 3 |
PM
Prosight Management
Dallas,
Texas
|
+$13M |
| 4 |
BG
Bollard Group
Boston,
Massachusetts
|
+$9.87M |
| 5 |
Millennium Management
New York
|
+$6.82M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VVA
Vida Ventures Advisors
Boston,
Massachusetts
|
-$47.5M |
| 2 |
PBA
Paradigm Biocapital Advisors
New York
|
-$22.4M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
-$7.72M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$5.92M |
| 5 |
AVLSA
Atlas Venture Life Science Advisors
Cambridge,
Massachusetts
|
-$3.62M |
TECX Hedge Fund Activity: Q1 2025 in Review
78 of the 7,459 institutional investors tracked by Wall St. Rank reported a position in Tectonic Therapeutic (TECX) for Q1 2025, worth a combined $199M — down 44% from $355M a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new TECX positions and 22 closed out — a net gain of 8 holders — while 29 added to existing stakes and 12 trimmed.
The largest buyer was Deep Track Capital, opening a new position worth an estimated $45.7M. The largest seller was Vida Ventures Advisors, exiting entirely with an estimated $47.5M sold.
- 78 institutional investors held Tectonic Therapeutic (TECX) as of Q1 2025, up from 70 in Q4 2024.
- Funds reported $199M of Tectonic Therapeutic stock for Q1 2025, down 44% quarter-over-quarter.
- 30 funds opened new Tectonic Therapeutic positions in Q1 2025 and 22 closed out, a net change of +8 holders.
- The largest Tectonic Therapeutic buyer in Q1 2025 was Deep Track Capital, an estimated $45.7M added.
- The largest Tectonic Therapeutic seller in Q1 2025 was Vida Ventures Advisors, an estimated $47.5M sold.
Based on aggregated 13F filings for Q1 2025.