Vault-13

BELITE BIO INC BLTE

SPONSORED ADS · ADR · CUSIP 07782B104

75 institutional holders +6 vs Q4 2025
9,116,5279.1m shares reported held*
$1.4bnreported value*
26 new 26 added 15 reduced 21 sold out net bought ≈ $305.5m (+1.9m shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $156.00.

Trends to Q1 2026

Institutional holders

Managers reporting a position, each quarter

0255075Q3 22: 8Q4 22: 8Q1 23: 9Q2 23: 7Q3 23: 8Q4 23: 18Q1 24: 12Q2 24: 12Q3 24: 16Q4 24: 23Q1 25: 19Q2 25: 19Q3 25: 34Q4 25: 69Q1 26: 7575Q3 22Q3 23Q3 24Q3 25Q1 26
Numbers
QuarterHolders
Q3 20228
Q4 20228
Q1 20239
Q2 20237
Q3 20238
Q4 202318
Q1 202412
Q2 202412
Q3 202416
Q4 202423
Q1 202519
Q2 202519
Q3 202534
Q4 202569
Q1 202675

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
1000100Q2 24: 4 bought or addedQ2 24: 8 cut or sold outQ3 24: 11 bought or addedQ3 24: 4 cut or sold outQ3 24Q4 24: 14 bought or addedQ4 24: 7 cut or sold outQ1 25: 12 bought or addedQ1 25: 15 cut or sold outQ1 25Q2 25: 12 bought or addedQ2 25: 11 cut or sold outQ3 25: 27 bought or addedQ3 25: 5 cut or sold outQ3 25Q4 25: 53 bought or addedQ4 25: 14 cut or sold outQ1 26: 52 bought or addedQ1 26: 36 cut or sold outQ1 26
Numbers
QuarterBought or addedCut or sold out
Q2 202448
Q3 2024114
Q4 2024147
Q1 20251215
Q2 20251211
Q3 2025275
Q4 20255314
Q1 20265236

Biggest buyers

Paradigm Biocapital Advisors LP New +1,114,784+1.1m
UBS Group AG Added +639,607+639.6k
Holocene Advisors, LP Added +410,428+410.4k
PRICE T ROWE ASSOCIATES INC /MD/ New +281,805+281.8k
MORGAN STANLEY Added +173,396+173.4k
Patient Square Capital LP New +116,684+116.7k
Duquesne Family Office LLC New +106,100+106.1k
DEERFIELD MANAGEMENT COMPANY, L.P. Added +70,200+70.2k
GOLDMAN SACHS GROUP INC Added +60,910+60.9k
RENAISSANCE TECHNOLOGIES LLC New +52,000+52.0k

Biggest sellers

RA CAPITAL MANAGEMENT, L.P. Sold out -432,484-432.5k
Point72 Asset Management, L.P. Sold out -284,437-284.4k
PERCEPTIVE ADVISORS LLC Reduced -262,260-262.3k
MARSHALL WACE, LLP Sold out -192,700-192.7k
Western Standard LLC Sold out -60,026-60.0k
Soleus Capital Management, L.P. Sold out -40,354-40.4k
Squadron Capital Management LLC Sold out -26,000-26.0k
EVENTIDE ASSET MANAGEMENT, LLC Reduced -25,441-25.4k
SUPERSTRING CAPITAL MANAGEMENT LP Sold out -24,703-24.7k
JANE STREET GROUP, LLC Reduced -20,096-20.1k

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

HolderStakeChangeShares Last filed
Lin Bioscience International Ltd. 13G · exempt (held before listing) new · filed 2025-01-21 53.7% new 17.1m 2025-01-21
Darwin Global Management, Ltd. 13G · passive investor +1.1 pts · filed 2026-02-17 8.1% +1.1 pts 3.0m 2026-02-17

Fell to 5% or below in the last year: Lin Yu-Hsin (3.1%, 2026-05-14)

Insider purchases and sales in Q1 2026

Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.

None reported in Q1 2026.

Holders, Q1 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Darwin Global Management, Ltd. 12.10% of their portfolio ST. HELIER, Y9 3,057,4123.1m $456.1m $456.1m 12.10% Added +29.7k +29,708
2 Paradigm Biocapital Advisors LP 3.63% of their portfolio NEW YORK, NY 1,114,7841.1m $177.7m $177.7m 3.63% New
3 UBS Group AG 0.02% of their portfolio ZURICH, V8 768,359768.4k $122.5m $122.5m 0.02% Added +639.6k +639,607
4 RTW INVESTMENTS, LP 1.13% of their portfolio NEW YORK, NY 715,332715.3k $114.1m $114.1m 1.13% Unchanged
5 MILLENNIUM MANAGEMENT LLC 0.07% of their portfolio NEW YORK, NY 570,088570.1k $90.9m $90.9m 0.07% Added +11.2k +11,206
6 Holocene Advisors, LP 0.19% of their portfolio New York, NY 494,495494.5k $78.8m $78.8m 0.19% Added +410.4k +410,428
7 EVENTIDE ASSET MANAGEMENT, LLC 0.94% of their portfolio Boston, MA 357,650357.6k $57.0m $57.0m 0.94% Reduced -25.4k -25,441
8 DEERFIELD MANAGEMENT COMPANY, L.P. 0.57% of their portfolio New York, NY 304,013304.0k $48.5m $48.5m 0.57% Added +70.2k +70,200
9 PRICE T ROWE ASSOCIATES INC /MD/ 0.01% of their portfolio BALTIMORE, MD 281,805281.8k $44.9m $44.9m 0.01% New
10 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 201,409201.4k $32.1m $32.1m 0.00% Added +173.4k +173,396
11 PERCEPTIVE ADVISORS LLC 0.48% of their portfolio NEW YORK, NY 151,979152.0k $24.2m $24.2m 0.48% Reduced -262.3k -262,260
12 Patient Square Capital LP 3.30% of their portfolio MENLO PARK, CA 116,684116.7k $18.6m $18.6m 3.30% New
13 Duquesne Family Office LLC 0.58% of their portfolio New York, NY 106,100106.1k $16.9m $16.9m 0.58% New
14 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 105,509105.5k $16.8m $16.8m 0.00% Added +60.9k +60,910
15 MPM BIOIMPACT LLC 1.08% of their portfolio BOSTON, MA 88,04588.0k $14.0m $14.0m 1.08% Added +285 +285
16 Affinity Asset Advisors, LLC 0.61% of their portfolio NEW YORK, NY 65,00065.0k $10.4m $10.4m 0.61% Added +45.0k +45,000
17 FRED ALGER MANAGEMENT, LLC 0.04% of their portfolio NEW YORK, NY 62,57462.6k $10.0m $10.0m 0.04% Reduced -16.8k -16,820
18 PFM Health Sciences, LP 1.00% of their portfolio SAN FRANCISCO, CA 59,43259.4k $9.5m $9.5m 1.00% Added +39.6k +39,609
19 RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio NEW YORK, NY 52,00052.0k $8.3m $8.3m 0.01% New
20 Longaeva Partners L.P. 0.26% of their portfolio Chicago, IL 33,49233.5k $5.3m $5.3m 0.26% New
21 TD Asset Management Inc 0.00% of their portfolio Toronto, A6 33,41033.4k $5.3m $5.3m 0.00% New
22 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 32,52532.5k $5.2m $5.2m 0.00% Added +30.1k +30,077
23 ADAR1 Capital Management, LLC 0.26% of their portfolio AUSTIN, TX 26,88026.9k $4.3m $4.3m 0.26% Reduced -13.0k -12,959
24 Artia Global Partners LP 0.90% of their portfolio MIAMI, FL 24,98925.0k $4.0m $4.0m 0.90% Added +7.0k +7,000
25 Quadrature Capital Ltd 0.04% of their portfolio LONDON, X0 23,70823.7k $3.8m $3.8m 0.04% Reduced -1.1k -1,124
26 Aquatic Capital Management LLC 0.09% of their portfolio CHICAGO, IL 20,29420.3k $3.2m $3.2m 0.09% New
27 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio Toronto, A6 19,60019.6k $3.1m $3.1m 0.00% New
28 Squarepoint Ops LLC 0.01% of their portfolio NEW YORK, NY 16,98117.0k $2.7m $2.7m 0.01% New
29 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 16,04816.0k $2.6m $2.6m 0.00% Added +308 +308
30 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 15,98116.0k $2.5m $2.5m 0.00% Added +443 +443
31 Trexquant Investment LP 0.02% of their portfolio STAMFORD, CT 15,07215.1k $2.4m $2.4m 0.02% New
32 XTX Topco Ltd 0.04% of their portfolio LONDON, X0 15,05815.1k $2.4m $2.4m 0.04% New
33 BALANCE CAPITAL PARTNERS L.P. 2.63% of their portfolio MIAMI, FL 14,50014.5k $2.3m $2.3m 2.63% New
34 Verdad Advisers, LP 2.48% of their portfolio BOSTON, MA 13,81313.8k $2.2m $2.2m 2.48% New
35 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 12,22212.2k $1.9m $1.9m 0.00% Reduced -20.1k -20,096
36 HRT FINANCIAL LP 0.01% of their portfolio NEW YORK, NY 10,92210.9k $1.7m $1.7m 0.01% Added +2.8k +2,758
37 Blackstone Inc. 0.01% of their portfolio NEW YORK, NY 10,69210.7k $1.7m $1.7m 0.01% Not comparable
38 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 10,42710.4k $1.7m $1.7m 0.00% Reduced -18 -18
39 HighVista Strategies LLC 0.35% of their portfolio BOSTON, MA 8,0338.0k $1.3m $1.3m 0.35% New
40 Voleon Capital Management LP 0.03% of their portfolio BERKELEY, CA 7,8837.9k $1.3m $1.3m 0.03% New
41 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 6,8226.8k $1.1m $1.1m 0.00% Added +2.6k +2,646
42 Arrowpoint Investment Partners (Singapore) Pte. Ltd. 1.39% of their portfolio SINGAPORE, U0 6,0046.0k $957.3k $957.3k 1.39% Added +3.0k +2,955
43 Amundi 0.00% of their portfolio Paris, I0 4,2104.2k $671.2k $671.2k 0.00% New
44 SmartHarvest Portfolios, LLC 0.28% of their portfolio SEATTLE, WA 4,1874.2k $667.6k $667.6k 0.28% Added +3 +3
45 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 3,7783.8k $602.4k $602.4k 0.00% Added +1.9k +1,926
46 High Net Worth Advisory Group LLC 0.13% of their portfolio NAPLES, FL 3,5003.5k $558.0k $558.0k 0.13% Unchanged
47 Convergence Financial, LLC 0.05% of their portfolio COLUMBIA, MO 2,9683.0k $473.2k $473.2k 0.05% New
48 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 2,7672.8k $441.2k $441.2k 0.00% Reduced -10.5k -10,454
49 Engineers Gate Manager LP 0.00% of their portfolio NEW YORK, NY 2,4892.5k $396.8k $396.8k 0.00% New
50 AXQ CAPITAL, LP 0.05% of their portfolio JERSEY CITY, NJ 2,3722.4k $378.2k $378.2k 0.05% New
51 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 2,2572.3k $360.0k $360.0k 0.00% Added +165 +165
52 SG Americas Securities, LLC 0.00% of their portfolio NEW YORK, NY 2,1442.1k $342.0k $342.0k 0.00% Reduced -611 -611
53 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 2,0082.0k $320.2k $320.2k 0.00% Reduced -3.0k -3,047
54 Virtus Investment Advisers, LLC 0.08% of their portfolio HARTFORD, CT 1,9291.9k $307.6k $307.6k 0.08% Added +47 +47
55 DYMON ASIA CAPITAL (SINGAPORE) PTE. LTD. 0.07% of their portfolio Singapore, U0 1,9001.9k $302.9k $302.9k 0.07% New
56 GAMMA Investing LLC 0.01% of their portfolio FOSTER CITY, CA 1,7071.7k $272.2k $272.2k 0.01% Reduced -72 -72
57 GSA CAPITAL PARTNERS LLP 0.02% of their portfolio LONDON, X0 1,6451.6k $262.0k $262.0k 0.02% Added +182 +182
58 EverSource Wealth Advisors, LLC 0.01% of their portfolio BIRMINGHAM, AL 1,6081.6k $256.4k $256.4k 0.01% Added +10 +10
59 TUDOR INVESTMENT CORP ET AL 0.00% of their portfolio STAMFORD, CT 1,5961.6k $254.5k $254.5k 0.00% New
60 Merit Financial Group, LLC 0.00% of their portfolio ALPHARETTA, GA 1,4151.4k $225.6k $225.6k 0.00% New
61 Independent Advisor Alliance 0.00% of their portfolio CHARLOTTE, NC 1,3191.3k $210.3k $210.3k 0.00% Unchanged
62 FARALLON CAPITAL MANAGEMENT, L.L.C. 0.00% of their portfolio SAN FRANCISCO, CA 1,3001.3k $207.3k $207.3k 0.00% Not comparable
63 Mirae Asset Global Investments Co., Ltd. 0.00% of their portfolio SEOUL, M5 657657 $104.8k $104.8k 0.00% Added +12 +12
64 Caitong International Asset Management Co., Ltd 0.01% of their portfolio HONG KONG, K3 349349 $55.6k $55.6k 0.01% Reduced -200 -200
65 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 124124 $19.8k $19.8k 0.00% Added +24 +24
66 E Fund Management (Hong Kong) Co., Ltd. 0.01% of their portfolio CENTRAL, K3 8383 $13.2k $13.2k 0.01% New
67 TD Waterhouse Canada Inc. 0.00% of their portfolio TORONTO, A6 7070 $11.7k $11.7k 0.00% Unchanged
68 Rossby Financial, LCC 0.00% of their portfolio MELBOURNE, FL 5555 $9.2k $9.2k 0.00% Added +42 +42
69 SBI Securities Co., Ltd. 0.00% of their portfolio TOKYO, M0 2222 $3.5k $3.5k 0.00% Reduced -28 -28
70 Farther Finance Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 1515 $2.5k $2.5k 0.00% Reduced -86 -86
71 NISA INVESTMENT ADVISORS, LLC 0.00% of their portfolio ST. LOUIS, MO 1313 $2.1k $2.1k 0.00% New
72 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 66 $912 $912 0.00% Unchanged
73 Bell Investment Advisors, Inc 0.00% of their portfolio ORINDA, CA 44 $638 $638 0.00% New
74 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 33 $448 $448 0.00% Unchanged
75 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 11 $159 $159 0.00% Reduced -2.1k -2,136