Vault-13

BILLIONTOONE INC BLLN

CL A · Common Stock · CUSIP 090168105

Company in Menlo Park, United States

90 institutional holders +0 vs Q4 2025
11,338,44411.3m shares reported held*
$875.0mreported value*
25 new 32 added 15 reduced 27 sold out net bought ≈ $132.4m (+1.7m 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 ($49.5k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $77.18. Options: 3 managers hold calls ($1.7m notional), 2 hold puts ($3.8m).

Trends to Q1 2026

Institutional holders

Managers reporting a position, each quarter

050100Q4 25: 90Q1 26: 9090Q4 25Q1 26
Numbers
QuarterHolders
Q4 202590
Q1 202690

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$1m$2m$3m$4mQ2 25 calls: $0Q2 25 puts: $0Q2 25P/C —Q3 25 calls: $0Q3 25 puts: $0Q3 25P/C —Q4 25 calls: $0Q4 25 puts: $0Q4 25P/C —Q1 26 calls: $1.7mQ1 26 puts: $3.8mQ1 26P/C 2.27
Numbers
QuarterCallsPutsP/C
Q2 2025$0$0—
Q3 2025$0$0—
Q4 2025$0$0—
Q1 2026$1.7m$3.8m2.27

Biggest buyers

BAMCO INC /NY/ Added +571,485+571.5k
WASATCH ADVISORS LP New +369,638+369.6k
PRICE T ROWE ASSOCIATES INC /MD/ Added +252,235+252.2k
Invesco Ltd. Added +216,693+216.7k
Penn Capital Management Company, LLC New +126,335+126.3k
AMERIPRISE FINANCIAL INC Added +97,762+97.8k
UBS Group AG Added +90,005+90.0k
NEW YORK STATE COMMON RETIREMENT FUND Added +83,565+83.6k
TWO SIGMA INVESTMENTS, LP New +82,776+82.8k
NEXT CENTURY GROWTH INVESTORS LLC Added +53,905+53.9k

Biggest sellers

CITADEL ADVISORS LLC Sold out -148,868-148.9k
JPMORGAN CHASE & CO Reduced -108,818-108.8k
T. Rowe Price Investment Management, Inc. Sold out -104,350-104.3k
Siren, L.L.C. Sold out -83,833-83.8k
BRAIDWELL LP Sold out -50,000-50.0k
MYDA Advisors LLC Reduced -36,200-36.2k
Verition Fund Management LLC Sold out -33,311-33.3k
Catalio Capital Management, LP Sold out -25,505-25.5k
MARSHALL WACE, LLP Sold out -20,902-20.9k
SUMMIT PARTNERS PUBLIC ASSET MANAGEMENT, LLC Sold out -19,783-19.8k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP New $1.1m13.9k shares
CITADEL ADVISORS LLC New $426.3k5.4k shares
SIMPLEX TRADING, LLC New $134.2k1.7k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP New $2.0m24.8k shares
NOMURA HOLDINGS INC New $1.8m22.9k shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

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
Humming Bird Ventures Management NV 13D · may seek influence new · filed 2026-01-20
Stated purposeThe Shares reported herein as being beneficially owned by the Reporting Persons were acquired for investment purposes. The Reporting Persons acquired beneficial ownership of the shares as described in this Schedule 13D for investment purposes and intend to review their investment in the Issuer on a continuing basis. Depending on various factors, including but not limited to the Issuer's business, prospects, financial position and strategic direction, price levels of the shares, conditions in the securities markets, and general economic and industry conditions, each Reporting Person may in the future take such actions with respect to its investment in the Issuer as it deems appropriate, including changing its current intentions, with respect to any or all matters required to be disclosed i… Full filing
19.6% new 7.9m≈ $946.3m 2026-01-20
NeoTribe Ventures I, L.P. 13G · exempt (held before listing) new · filed 2026-02-13 10.6% new 4.4m≈ $523.1m 2026-02-13
Atay Oguzhan 13G · exempt (held before listing) new · filed 2026-02-17 7.3% new 3.2m≈ $384.8m 2026-02-17
Tsao David 13G · exempt (held before listing) new · filed 2026-02-17 6.9% new 3.0m≈ $364.2m 2026-02-17

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.

Officers and directors buying vs selling

Number of people, by quarter (10% owners not included)

BuyingSelling
10010Q2 24: 0 buyingQ2 24: 0 sellingQ3 24: 0 buyingQ3 24: 0 sellingQ3 24Q4 24: 0 buyingQ4 24: 0 sellingQ1 25: 0 buyingQ1 25: 0 sellingQ1 25Q2 25: 0 buyingQ2 25: 0 sellingQ3 25: 0 buyingQ3 25: 0 sellingQ3 25Q4 25: 6 buyingQ4 25: 0 sellingQ1 26: 0 buyingQ1 26: 0 sellingQ1 26
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
Q2 20240—0——
Q3 20240—0——
Q4 20240—0——
Q1 20250—0——
Q2 20250—0——
Q3 20250—0——
Q4 20256$3.2m0——
Q1 20260—0——

None reported in Q1 2026.

Holders, Q1 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 ADAMS STREET PARTNERS LLC 51.90% of their portfolio CHICAGO, IL 1,711,4301.7m $135.1m $135.1m 51.90% Unchanged
2 BAILLIE GIFFORD & CO 0.10% of their portfolio EDINBURGH, X0 1,259,9931.3m $99.5m $99.5m 0.10% Reduced -8.2k -8,170
3 Civilization Ventures Management, LLC 98.75% of their portfolio BELVEDERE TIBURON, CA 1,099,4311.1m $86.8m $86.8m 98.75% Unchanged
4 BAMCO INC /NY/ 0.18% of their portfolio NEW YORK, NY 741,485741.5k $58.5m $58.5m 0.18% Added +571.5k +571,485
5 PRICE T ROWE ASSOCIATES INC /MD/ 0.01% of their portfolio BALTIMORE, MD 737,518737.5k $58.2m $58.2m 0.01% Added +252.2k +252,235
6 NEUBERGER BERMAN GROUP LLC 0.03% of their portfolio NEW YORK, NY 709,214709.2k $37.8m $37.8m 0.03% Added +8.3k +8,347
7 NVP ASSOCIATES, LLC 23.00% of their portfolio MENLO PARK, CA 513,330513.3k $40.5m $40.5m 23.00% Unchanged
8 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 406,512406.5k $32.1m $32.1m 0.00% Added +216.7k +216,693
9 WASATCH ADVISORS LP 0.19% of their portfolio SALT LAKE CITY, UT 369,638369.6k $29.2m $29.2m 0.19% New
10 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 283,140283.1k $19.9m $19.9m 0.00% Reduced -108.8k -108,818
11 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 240,587240.6k $19.0m $19.0m 0.00% Added +12.9k +12,932
12 EMERALD ADVISERS, LLC 0.60% of their portfolio LEOLA, PA 239,562239.6k $18.9m $18.9m 0.60% Added +50.6k +50,613
13 Napean Trading & Investment Co (Singapore) PTE Ltd 7.91% of their portfolio SINGAPORE, U0 233,333233.3k $18.4m $18.4m 7.91% Unchanged
14 ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio NASHVILLE, TN 223,251223.3k $18.3m $18.3m 0.01% Added +14.7k +14,657
15 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 220,035220.0k $17.4m $17.4m 0.00% Added +97.8k +97,762
16 VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio MALVERN, PA 182,463182.5k $14.4m $14.4m 0.00% First filing
17 Capital International Investors 0.00% of their portfolio Los Angeles, CA 178,000178.0k $14.1m $14.1m 0.00% Unchanged
18 MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.00% of their portfolio Boston, MA 159,573159.6k $12.6m $12.6m 0.00% Reduced -3.8k -3,827
19 VANGUARD PORTFOLIO MANAGEMENT LLC 0.00% of their portfolio MALVERN, PA 151,213151.2k $11.9m $11.9m 0.00% First filing
20 EMERALD MUTUAL FUND ADVISERS TRUST 0.51% of their portfolio LEOLA, PA 132,206132.2k $10.4m $10.4m 0.51% Added +14.1k +14,072
21 Penn Capital Management Company, LLC 0.77% of their portfolio PHILADELPHIA, PA 126,335126.3k $10.0m $10.0m 0.77% New
22 UBS Group AG 0.00% of their portfolio ZURICH, V8 121,604121.6k $9.6m $9.6m 0.00% Added +90.0k +90,005
23 BlackRock, Inc. 0.00% of their portfolio New York, NY 95,16095.2k $7.5m $7.5m 0.00% Added +23.8k +23,760
24 PERCEPTIVE ADVISORS LLC 0.14% of their portfolio NEW YORK, NY 91,81291.8k $7.2m $7.2m 0.14% Added +19.0k +19,000
25 NEXT CENTURY GROWTH INVESTORS LLC 0.52% of their portfolio PLYMOUTH, MN 90,56490.6k $7.1m $7.1m 0.52% Added +53.9k +53,905
26 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 89,11489.1k $7.0m $7.0m 0.00% Added +7.1k +7,080
27 NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio ALBANY, NY 88,68288.7k $7.0m $7.0m 0.01% Added +83.6k +83,565
28 PFM Health Sciences, LP 0.73% of their portfolio SAN FRANCISCO, CA 88,06988.1k $7.0m $7.0m 0.73% Added +522 +522
29 TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio NEW YORK, NY 82,77682.8k $6.5m $6.5m 0.01% New
30 Ensign Peak Advisors, Inc 0.01% of their portfolio SALT LAKE CITY, UT 51,50151.5k $4.1m $4.1m 0.01% New
31 RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio NEW YORK, NY 51,25451.3k $4.0m $4.0m 0.01% New
32 Deep Track Capital, LP 0.08% of their portfolio GREENWICH, CT 50,00050.0k $3.9m $3.9m 0.08% Unchanged
33 LORD, ABBETT & CO. LLC 0.01% of their portfolio JERSEY CITY, NJ 44,28944.3k $3.5m $3.5m 0.01% Reduced -2.0k -2,019
34 TD Asset Management Inc 0.00% of their portfolio Toronto, A6 43,10843.1k $3.4m $3.4m 0.00% Added +16.4k +16,378
35 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio Toronto, A6 30,50630.5k $2.4m $2.4m 0.00% Added +18.4k +18,389
36 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 28,05428.1k $2.2m $2.2m 0.00% Added +1.4k +1,450
37 VANGUARD FIDUCIARY TRUST CO 0.00% of their portfolio MALVERN, PA 27,79127.8k $2.2m $2.2m 0.00% First filing
38 SEVEN GRAND MANAGERS, LLC 0.13% of their portfolio BRONXVILLE, NY 25,00025.0k $2.0m $2.0m 0.13% Unchanged
39 Squarepoint Ops LLC 0.00% of their portfolio NEW YORK, NY 22,94622.9k $1.8m $1.8m 0.00% Added +15.1k +15,055
40 Universal- Beteiligungs- und Servicegesellschaft mbH 0.00% of their portfolio FRANKFURT AM MAIN, 2M 20,59520.6k $1.6m $1.6m 0.00% Added +4.1k +4,122
41 Blue Water Life Science Advisors, LP 1.27% of their portfolio LARKSPUR, CA 20,00020.0k $1.6m $1.6m 1.27% New
42 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 19,70019.7k $1.6m $1.6m 0.00% Reduced -1.9k -1,900
43 PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.00% of their portfolio COLUMBUS, OH 19,49919.5k $1.5m $1.5m 0.00% New
44 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 18,65918.7k $1.5m $1.5m 0.00% New
45 F/m Investments LLC 0.09% of their portfolio WASHINGTON, DC 16,90816.9k $1.3m $1.3m 0.09% New
46 SOROS FUND MANAGEMENT LLC 0.02% of their portfolio NEW YORK, NY 14,50014.5k $1.1m $1.1m 0.02% Unchanged
47 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 13,64013.6k $1.1m $1.1m 0.00% New
48 SEI INVESTMENTS CO 0.00% of their portfolio OAKS, PA 13,39913.4k $1.1m $1.1m 0.00% New
49 XTX Topco Ltd 0.02% of their portfolio LONDON, X0 13,17913.2k $1.0m $1.0m 0.02% Reduced -7.5k -7,499
50 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 12,70712.7k $1.0m $1.0m 0.00% Added +12.6k +12,561
51 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 12,58612.6k $993.5k $993.5k 0.00% Added +9.0k +8,987
52 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 12,48612.5k $985.6k $985.6k 0.00% New
53 Bellevue Group AG 0.02% of their portfolio ZURICH, V8 10,55410.6k $833.1k $833.1k 0.02% Reduced -35 -35
54 NOMURA HOLDINGS INC 0.01% of their portfolio TOKYO, M0 8,6008.6k $678.9k $678.9k 0.01% New
55 Brevan Howard Capital Management LP 0.01% of their portfolio ST. HELIER, Y9 7,7167.7k $609.1k $609.1k 0.01% Added +3.2k +3,159
56 Alyeska Investment Group, L.P. 0.00% of their portfolio CHICAGO, IL 7,0007.0k $552.6k $552.6k 0.00% Unchanged
57 Walleye Capital LLC 0.00% of their portfolio NEW YORK, NY 5,9566.0k $470.2k $470.2k 0.00% Reduced -4 -4
58 BRANDYWINE MANAGERS, LLC 0.27% of their portfolio HOCKESSIN, DE 5,7505.8k $453.9k $453.9k 0.27% New
59 Green Alpha Advisors, LLC 0.40% of their portfolio NIWOT, CO 5,1685.2k $408.0k $408.0k 0.40% Reduced -158 -158
60 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 4,7704.8k $377.0k $377.0k 0.00% Reduced -804 -804
61 Pathstone Holdings, LLC 0.00% of their portfolio ENGLEWOOD, NJ 4,2804.3k $337.9k $337.9k 0.00% Reduced -49 -49
62 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 4,1584.2k $328.2k $328.2k 0.00% Reduced -16.6k -16,557
63 MYDA Advisors LLC 0.07% of their portfolio WOODMERE, NY 4,0004.0k $315.8k $315.8k 0.07% Reduced -36.2k -36,200
64 D. E. Shaw & Co., Inc. 0.00% of their portfolio New York, NY 3,8623.9k $304.9k $304.9k 0.00% New
65 CONNABLE OFFICE INC 0.03% of their portfolio KALAMAZOO, MI 3,8503.9k $303.9k $303.9k 0.03% New
66 Cornerstone Investment Partners, LLC 0.01% of their portfolio ATLANTA, GA 3,4023.4k $268.6k $268.6k 0.01% New
67 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 2,7582.8k $217.7k $217.7k 0.00% New
68 Renaissance Capital LLC 0.10% of their portfolio Stamford, CT 1,9271.9k $144.6k $144.6k 0.10% Reduced -527 -527
69 Vanguard Global Advisers, LLC 0.00% of their portfolio MALVERN, PA 1,7551.8k $138.5k $138.5k 0.00% First filing
70 Smartleaf Asset Management LLC 0.00% of their portfolio BOSTON, MA 1,2971.3k $90.9k $90.9k 0.00% Added +357 +357
71 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 1,1081.1k $87.5k $87.5k 0.00% Added +175 +175
72 SBI Securities Co., Ltd. 0.00% of their portfolio TOKYO, M0 680680 $53.7k $53.7k 0.00% Added +609 +609
73 RiverPark Advisors, LLC 0.02% of their portfolio NEW YORK, NY 627627 $49.5k $49.5k 0.02% Added +164 +164
74 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 420420 $33.2k $33.2k 0.00% Added +110 +110
75 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 300300 $23.7k $23.7k 0.00% Added +200 +200
76 HARBOUR INVESTMENTS, INC. 0.00% of their portfolio MADISON, WI 180180 $14.2k $14.2k 0.00% New
77 FIFTH THIRD BANCORP 0.00% of their portfolio CINCINNATI, OH 134134 $10.6k $10.6k 0.00% New
78 MCF Advisors LLC 0.00% of their portfolio LEXINGTON, KY 104104 $8.2k $8.2k 0.00% Added +65 +65
79 Rossby Financial, LCC 0.00% of their portfolio MELBOURNE, FL 100100 $8.3k $8.3k 0.00% Reduced -200 -200
80 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 6464 $5.1k $5.1k 0.00% New
81 Colonial Trust Advisors 0.00% of their portfolio SPARTANBURG, SC 5050 $3.9k $3.9k 0.00% Unchanged
82 Essential Investment Partners LLC 0.00% of their portfolio ENGLEWOOD, CO 5050 $3.9k $3.9k 0.00% Added +25 +25
83 Quantbot Technologies LP 0.00% of their portfolio NEW YORK, NY 4040 $3.2k $3.2k 0.00% New
84 Physician Wealth Advisors, Inc. 0.00% of their portfolio MIDVALE, UT 1717 $1.3k $1.3k 0.00% Unchanged
85 HUNTINGTON NATIONAL BANK 0.00% of their portfolio COLUMBUS, OH 1515 $1.2k $1.2k 0.00% New
86 Frazier Financial Advisors, LLC 0.00% of their portfolio COLUMBUS, OH 1414 $1.1k $1.1k 0.00% Unchanged
87 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 1212 $835 $835 0.00% Unchanged
88 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 88 $632 $632 0.00% New
89 Marquette Asset Management, LLC 0.00% of their portfolio MINNEAPOLIS, MN 77 $553 $553 0.00% New
90 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 11 $79 $79 0.00% Unchanged