Talphera
TLPH
34 hedge funds and large institutions have $15.9M invested in Talphera in 2025 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 11 increasing their positions, 4 reducing their positions, and 5 closing their positions.
552% more capital invested
Capital invested by funds: $2.43M → $15.9M (+$13.4M)
175% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 4
60.87% more ownership
Funds ownership: 25.76% → 86.63% (+61%)
40% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 5
6% more funds holding
Funds holding: 32 → 34 (+2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
AIGH Capital Management
Baltimore,
Maryland
|
+$2.59M |
| 2 |
RSCM
Rock Springs Capital Management
Baltimore,
Maryland
|
+$1.9M |
| 3 |
RA
Rosalind Advisors
Toronto,
Ontario, Canada
|
+$1.38M |
| 4 |
NCM
Nantahala Capital Management
New Canaan,
Connecticut
|
+$871K |
| 5 |
BL
Bleichroeder LP
New York
|
+$264K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
XT
XTX Topco
George Town,
Cayman Islands
|
-$6.5K |
| 2 |
TSS
Two Sigma Securities
New York
|
-$5.14K |
| 3 |
GWSG
GPS Wealth Strategies Group
Centennial,
Colorado
|
-$1.06K |
| 4 |
VFA
Values First Advisors
Gray,
Tennessee
|
-$771 |
| 5 |
MCM
MAI Capital Management
Independence,
Ohio
|
-$110 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SS
26
SBI Securities
Tokyo,
Japan
| $226 | – | – | – |
|
27
Bank of America
Charlotte,
North Carolina
| $157 | -$10 | -17 | -9% |
|
|
SVCP
28
Silicon Valley Capital Partners
San Jose,
California
| $122 | – | – | – |
|
29
BNP Paribas Financial Markets
Paris,
France
| $121 | – | – | – |
|
|
GRP
30
Global Retirement Partners
San Rafael,
California
| $65 | – | – | – |
|
31
Osaic Holdings
Scottsdale,
Arizona
| $14 | -$18 | -31 | -54% |
|
|
DWM
32
Dogwood Wealth Management
Lenexa,
Kansas
| $9 | – | – | – |
|
33
Morgan Stanley
New York
| $9 | – | – | – |
|
34
Citigroup
New York
| $1 | +$1 | +1 | New |
|
|
XT
35
XTX Topco
George Town,
Cayman Islands
| – | -$6.5K | -13,723 | Closed |
|
|
TSS
36
Two Sigma Securities
New York
| – | -$5.14K | -11,171 | Closed |
|
|
GWSG
37
GPS Wealth Strategies Group
Centennial,
Colorado
| – | -$1.06K | -2,313 | Closed |
|
38
Raymond James Financial
St Petersburg,
Florida
| – | -$67 | -145 | Closed |
|
TLPH Hedge Fund Activity: Q3 2025 in Review
34 of the 7,629 institutional investors tracked by Wall St. Rank reported a position in Talphera (TLPH) for Q3 2025, worth a combined $15.9M — up 552% from $2.43M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new TLPH positions and 5 closed out — a net gain of 2 holders — while 11 added to existing stakes and 4 trimmed.
The largest buyer was AIGH Capital Management, opening a new position worth an estimated $2.59M. The largest seller was XTX Topco, exiting entirely with an estimated $6.5K sold.
- 34 institutional investors held Talphera (TLPH) as of Q3 2025, up from 32 in Q2 2025.
- Funds reported $15.9M of Talphera stock for Q3 2025, up 552% quarter-over-quarter.
- 7 funds opened new Talphera positions in Q3 2025 and 5 closed out, a net change of +2 holders.
- The largest Talphera buyer in Q3 2025 was AIGH Capital Management, an estimated $2.59M added.
- The largest Talphera seller in Q3 2025 was XTX Topco, an estimated $6.5K sold.
Based on aggregated 13F filings for Q3 2025.