Talphera
TLPH
38 hedge funds and large institutions have $23.8M invested in Talphera in 2025 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 11 increasing their positions, 6 reducing their positions, and 6 closing their positions.
83% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 6
67% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 6
50% more capital invested
Capital invested by funds: $15.9M → $23.8M (+$7.91M)
12% more funds holding
Funds holding: 34 → 38 (+4)
6% less call options, than puts
Call options by funds: $979K | Put options by funds: $1.04M
41.86% less ownership
Funds ownership: 86.63% → 44.78% (-42%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CF
Cantor Fitzgerald
New York
|
+$696K |
| 2 |
DIG
Dauntless Investment Group
Etna,
New Hampshire
|
+$578K |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$455K |
| 4 |
Renaissance Technologies
New York
|
+$250K |
| 5 |
ACM
AIGH Capital Management
Baltimore,
Maryland
|
+$250K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Rosalind Advisors
Toronto,
Ontario, Canada
|
-$972K |
| 2 |
VF
Virtu Financial
New York
|
-$29K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$25.1K |
| 4 |
VFA
Values First Advisors
Gray,
Tennessee
|
-$20.1K |
| 5 |
PI
PFG Investments
Woodbury,
New York
|
-$8.93K |
TLPH Hedge Fund Activity: Q4 2025 in Review
38 of the 8,245 institutional investors tracked by Wall St. Rank reported a position in Talphera (TLPH) for Q4 2025, worth a combined $23.8M — up 50% from $15.9M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new TLPH positions and 6 closed out — a net gain of 4 holders — while 11 added to existing stakes and 6 trimmed.
The largest buyer was Cantor Fitzgerald, opening a new position worth an estimated $696K. The largest seller was Rosalind Advisors, cutting an estimated $972K.
- 38 institutional investors held Talphera (TLPH) as of Q4 2025, up from 34 in Q3 2025.
- Funds reported $23.8M of Talphera stock for Q4 2025, up 50% quarter-over-quarter.
- 10 funds opened new Talphera positions in Q4 2025 and 6 closed out, a net change of +4 holders.
- The largest Talphera buyer in Q4 2025 was Cantor Fitzgerald, an estimated $696K added.
- The largest Talphera seller in Q4 2025 was Rosalind Advisors, an estimated $972K sold.
Based on aggregated 13F filings for Q4 2025.