undamentalytics Newsletter

Rallybio Corp: which funds bought and sold

Institutions that bought and sold Rallybio shares in Q2 2026, from the holdings they reported to the SEC on Form 13F for March 31, 2026 and June 30, 2026.

Between March 31, 2026 and June 30, 2026, 18 institutions that filed 13F reports for both quarters added to or opened positions in Rallybio, and 16 cut or closed them. Together they sold a net 465K shares, −10.0% on what they held at the start of the quarter. Active managers and hedge funds on our list were net sellers of 33K shares (−1.2%); index fund managers were net buyers of 86K shares (+48.3%). 9 opened a new position and 10 sold out entirely.

Bought, Q2 2026 18 institutions, 9 of them new holders Sold, Q2 2026 16 institutions, 10 of them sold out
Net change, all compared −465K shares (−10.0%)
Net change, active managers −33K shares (−1.2%), 6 bought, 4 sold

Buyers versus sellers

institutions compared, 46
Active managers and hedge funds 6 bought · 4 sold · −33K
Index fund managers 4 bought · 1 sold · +86K
Other institutions 8 bought · 11 sold · −518K

Biggest buyers

by change in shares held
Biggest buyers
Institution Change in shares Shares June 30, 2026 Value
ADAR1 Capital Management, LLC Hedge fund +906K +4411.1% 926K $14.8M
Nantahala Capital Management, LLC Hedge fund +76K +25.3% 377K $6M
Rangeley Capital, LLC +75K +248.0% 105K $1.7M
Vanguard Capital Management LLC Index funds +60K +54.0% 172K $2.8M
Jane Street Group, LLC +47K New position 47K $758,768
Renaissance Technologies LLC Hedge fund +43K +27.7% 200K $3.2M
HRT Financial LP +26K New position 26K $410,000
Two Sigma Investments, LP Hedge fund +17K New position 17K $265,904
State Street Corp Index funds +13K New position 13K $207,936
Quadrature Capital Ltd Hedge fund +13K New position 13K $207,920
Blackrock, Inc. Index funds +13K +73.5% 30K $485,312
Xtx Topco Ltd +10K +91.5% 21K $343,952
Vanguard Fiduciary Trust Co Index funds +3,273 +24.2% 17K $269,120
FMR LLC Active manager +1,269 +0.2% 795K $12.7M
Caitong International Asset Management Co., Ltd +434 New position 434 $6,944
Truvestments Capital LLC +129 New position 129 $2,064
Eversource Wealth Advisors, LLC +31 New position 31 $496
Barclays PLC +3 New position 3 $48

Biggest sellers

by change in shares held
Biggest sellers
Institution Change in shares Shares June 30, 2026 Value
Cormorant Asset Management, LP Hedge fund −400K Sold out 0 —
Balyasny Asset Management L.P. Hedge fund −377K Sold out 0 —
Laurion Capital Management LP Hedge fund −303K Sold out 0 —
5Am Venture Management, LLC −292K Sold out 0 —
Johnson & Johnson −153K Sold out 0 —
Aju Ib Investment Co., Ltd. −94K Sold out 0 —
Almitas Capital LLC −71K −36.9% 121K $1.9M
Deltec Asset Management LLC −34K Sold out 0 —
Gts Securities LLC −22K Sold out 0 —
Acadian Asset Management LLC Active manager −10K Sold out 0 —
UBS Group AG −7,768 −98.2% 146 $2,336
Geode Capital Management, LLC Index funds −3,378 −9.5% 32K $512,865
Jpmorgan Chase & Co −2,488 −99.6% 9 $145
Tower Research Capital LLC (TRC) −907 Sold out 0 —
Sbi Securities Co., Ltd. −18 −3.4% 506 $8,096
Morgan Stanley −1 −0.8% 125 $2,000

New positions

largest by value
InstitutionSharesValue June 30, 2026
Jane Street Group, LLC 47K $758,768
HRT Financial LP 26K $410,000
Two Sigma Investments, LPHedge fund 17K $265,904
State Street CorpIndex funds 13K $207,936
Quadrature Capital LtdHedge fund 13K $207,920
Caitong International Asset Management Co., Ltd 434 $6,944
Truvestments Capital LLC 129 $2,064
Eversource Wealth Advisors, LLC 31 $496
Barclays PLC 3 $48

Sold out

largest by value
InstitutionSharesValue March 31, 2026
Cormorant Asset Management, LPHedge fund 400K $3.6M
Balyasny Asset Management L.P.Hedge fund 377K $3.4M
Laurion Capital Management LPHedge fund 303K $2.7M
5Am Venture Management, LLC 292K $2.6M
Johnson & Johnson 153K $1.4M
Aju Ib Investment Co., Ltd. 94K $846,176
Deltec Asset Management LLC 34K $302,737
Gts Securities LLC 22K $197,484
Acadian Asset Management LLCActive manager 10K $92,000
Tower Research Capital LLC (TRC) 907 $8,136

Who holds the shares

13F holdings at June 30, 2026
Institutions reporting
37
Ten largest holders
91.7%
of 13F-reported shares
Index fund managers
6.2%
of 13F-reported shares
Active managers and hedge funds
68.7%
of 13F-reported shares
Buying and selling by type of institution, March 31, 2026 to June 30, 2026
TypeBoughtSoldNewSold outNet change in sharesNet %
Active managers and hedge funds 6 4 2 4 −33K −1.2%
Index fund managers 4 1 1 0 +86K +48.3%
Other institutions 8 11 6 6 −518K −32.7%

Active managers and hedge funds: a list we maintain of about 400 well-known stock-picking firms and hedge funds, matched by SEC registration number (CIK) and checked against the filer names each quarter. Index fund managers: the large index houses, such as BlackRock, Vanguard, State Street, Geode and Northern Trust. Every other filer (banks, brokers, wealth managers, pension funds, insurers and firms not on the list) counts as another institution. A firm that files under several SEC registrations appears once for each.

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