Tectonic Therapeutic
TECX
111 hedge funds and large institutions have $427M invested in Tectonic Therapeutic in 2026 Q1 according to their latest regulatory filings, with 29 funds opening new positions, 33 increasing their positions, 37 reducing their positions, and 20 closing their positions.
1,385% more call options, than puts
Call options by funds: $13.5M | Put options by funds: $912K
48% more capital invested
Capital invested by funds: $288M → $427M (+$139M)
45% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 20
6% more funds holding
Funds holding: 105 → 111 (+6)
0.25% less ownership
Funds ownership: 73.81% → 73.56% (-0.25%)
11% less repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 37
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCM
TCG Crossover Management
Palo Alto,
California
|
+$29.7M |
| 2 |
FLAM
First Light Asset Management
Edina,
Minnesota
|
+$15.9M |
| 3 |
Marshall Wace
London,
United Kingdom
|
+$4.89M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$4.04M |
| 5 |
IC
Ikarian Capital
Dallas,
Texas
|
+$3.88M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Point72 Asset Management
Stamford,
Connecticut
|
-$10.4M |
| 2 |
O
OrbiMed
New York
|
-$8.56M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$7.82M |
| 4 |
BBA
Baker Bros. Advisors
New York
|
-$7.27M |
| 5 |
Millennium Management
New York
|
-$5.97M |
TECX Hedge Fund Activity: Q1 2026 in Review
111 of the 8,187 institutional investors tracked by Wall St. Rank reported a position in Tectonic Therapeutic (TECX) for Q1 2026, worth a combined $427M — up 48% from $288M a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new TECX positions and 20 closed out — a net gain of 9 holders — while 33 added to existing stakes and 37 trimmed.
The largest buyer was TCG Crossover Management, opening a new position worth an estimated $29.7M. The largest seller was Point72 Asset Management, cutting an estimated $10.4M.
- 111 institutional investors held Tectonic Therapeutic (TECX) as of Q1 2026, up from 105 in Q4 2025.
- Funds reported $427M of Tectonic Therapeutic stock for Q1 2026, up 48% quarter-over-quarter.
- 29 funds opened new Tectonic Therapeutic positions in Q1 2026 and 20 closed out, a net change of +9 holders.
- The largest Tectonic Therapeutic buyer in Q1 2026 was TCG Crossover Management, an estimated $29.7M added.
- The largest Tectonic Therapeutic seller in Q1 2026 was Point72 Asset Management, an estimated $10.4M sold.
Based on aggregated 13F filings for Q1 2026.