BILLIONTOONE INC BLLN
CL A · Common Stock · CUSIP 090168105
Company in Menlo Park, United States
- SectorHealth care
- IndustryServices-Medical Laboratories
- HeadquartersMenlo Park, CA
- Founded2016
- Websitebilliontoone.com
- FilingsSEC EDGAR
* 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
Numbers
| Quarter | Holders |
|---|---|
| Q4 2025 | 90 |
| Q1 2026 | 90 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2025 | $0 | $0 | — |
| Q3 2025 | $0 | $0 | — |
| Q4 2025 | $0 | $0 | — |
| Q1 2026 | $1.7m | $3.8m | 2.27 |
Biggest buyers
| BAMCO INC /NY/ | Added | +571.5k |
| WASATCH ADVISORS LP | New | +369.6k |
| PRICE T ROWE ASSOCIATES INC /MD/ | Added | +252.2k |
| Invesco Ltd. | Added | +216.7k |
| Penn Capital Management Company, LLC | New | +126.3k |
| AMERIPRISE FINANCIAL INC | Added | +97.8k |
| UBS Group AG | Added | +90.0k |
| NEW YORK STATE COMMON RETIREMENT FUND | Added | +83.6k |
| TWO SIGMA INVESTMENTS, LP | New | +82.8k |
| NEXT CENTURY GROWTH INVESTORS LLC | Added | +53.9k |
Biggest sellers
| CITADEL ADVISORS LLC | Sold out | -148.9k |
| JPMORGAN CHASE & CO | Reduced | -108.8k |
| T. Rowe Price Investment Management, Inc. | Sold out | -104.3k |
| Siren, L.L.C. | Sold out | -83.8k |
| BRAIDWELL LP | Sold out | -50.0k |
| MYDA Advisors LLC | Reduced | -36.2k |
| Verition Fund Management LLC | Sold out | -33.3k |
| Catalio Capital Management, LP | Sold out | -25.5k |
| MARSHALL WACE, LLP | Sold out | -20.9k |
| SUMMIT PARTNERS PUBLIC ASSET MANAGEMENT, LLC | Sold out | -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.
| Holder | Stake |
|---|---|
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% |
| NeoTribe Ventures I, L.P. 13G · exempt (held before listing) new · filed 2026-02-13 | 10.6% |
| Atay Oguzhan 13G · exempt (held before listing) new · filed 2026-02-17 | 7.3% |
| Tsao David 13G · exempt (held before listing) new · filed 2026-02-17 | 6.9% |
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)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q2 2024 | 0 | — | 0 | — | — |
| Q3 2024 | 0 | — | 0 | — | — |
| Q4 2024 | 0 | — | 0 | — | — |
| Q1 2025 | 0 | — | 0 | — | — |
| Q2 2025 | 0 | — | 0 | — | — |
| Q3 2025 | 0 | — | 0 | — | — |
| Q4 2025 | 6 | $3.2m | 0 | — | — |
| Q1 2026 | 0 | — | 0 | — | — |
None reported in Q1 2026.
Holders, Q1 2026
| Manager | Shares | Change |
|---|---|---|
| ADAMS STREET PARTNERS LLC 51.90% of their portfolio | 1.7m $135.1m | Unchanged |
| BAILLIE GIFFORD & CO 0.10% of their portfolio | 1.3m $99.5m | Reduced -8.2k |
| Civilization Ventures Management, LLC 98.75% of their portfolio | 1.1m $86.8m | Unchanged |
| BAMCO INC /NY/ 0.18% of their portfolio | 741.5k $58.5m | Added +571.5k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.01% of their portfolio | 737.5k $58.2m | Added +252.2k |
| NEUBERGER BERMAN GROUP LLC 0.03% of their portfolio | 709.2k $37.8m | Added +8.3k |
| NVP ASSOCIATES, LLC 23.00% of their portfolio | 513.3k $40.5m | Unchanged |
| Invesco Ltd. 0.00% of their portfolio | 406.5k $32.1m | Added +216.7k |
| WASATCH ADVISORS LP 0.19% of their portfolio | 369.6k $29.2m | New |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 283.1k $19.9m | Reduced -108.8k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 240.6k $19.0m | Added +12.9k |
| EMERALD ADVISERS, LLC 0.60% of their portfolio | 239.6k $18.9m | Added +50.6k |
| Napean Trading & Investment Co (Singapore) PTE Ltd 7.91% of their portfolio | 233.3k $18.4m | Unchanged |
| ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio | 223.3k $18.3m | Added +14.7k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 220.0k $17.4m | Added +97.8k |
| VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 182.5k $14.4m | First filing |
| Capital International Investors 0.00% of their portfolio | 178.0k $14.1m | Unchanged |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.00% of their portfolio | 159.6k $12.6m | Reduced -3.8k |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.00% of their portfolio | 151.2k $11.9m | First filing |
| EMERALD MUTUAL FUND ADVISERS TRUST 0.51% of their portfolio | 132.2k $10.4m | Added +14.1k |
| Penn Capital Management Company, LLC 0.77% of their portfolio | 126.3k $10.0m | New |
| UBS Group AG 0.00% of their portfolio | 121.6k $9.6m | Added +90.0k |
| BlackRock, Inc. 0.00% of their portfolio | 95.2k $7.5m | Added +23.8k |
| PERCEPTIVE ADVISORS LLC 0.14% of their portfolio | 91.8k $7.2m | Added +19.0k |
| NEXT CENTURY GROWTH INVESTORS LLC 0.52% of their portfolio | 90.6k $7.1m | Added +53.9k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 89.1k $7.0m | Added +7.1k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio | 88.7k $7.0m | Added +83.6k |
| PFM Health Sciences, LP 0.73% of their portfolio | 88.1k $7.0m | Added +522 |
| TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio | 82.8k $6.5m | New |
| Ensign Peak Advisors, Inc 0.01% of their portfolio | 51.5k $4.1m | New |
| RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio | 51.3k $4.0m | New |
| Deep Track Capital, LP 0.08% of their portfolio | 50.0k $3.9m | Unchanged |
| LORD, ABBETT & CO. LLC 0.01% of their portfolio | 44.3k $3.5m | Reduced -2.0k |
| TD Asset Management Inc 0.00% of their portfolio | 43.1k $3.4m | Added +16.4k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 30.5k $2.4m | Added +18.4k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 28.1k $2.2m | Added +1.4k |
| VANGUARD FIDUCIARY TRUST CO 0.00% of their portfolio | 27.8k $2.2m | First filing |
| SEVEN GRAND MANAGERS, LLC 0.13% of their portfolio | 25.0k $2.0m | Unchanged |
| Squarepoint Ops LLC 0.00% of their portfolio | 22.9k $1.8m | Added +15.1k |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.00% of their portfolio | 20.6k $1.6m | Added +4.1k |
| Blue Water Life Science Advisors, LP 1.27% of their portfolio | 20.0k $1.6m | New |
| STATE STREET CORP 0.00% of their portfolio | 19.7k $1.6m | Reduced -1.9k |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.00% of their portfolio | 19.5k $1.5m | New |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 18.7k $1.5m | New |
| F/m Investments LLC 0.09% of their portfolio | 16.9k $1.3m | New |
| SOROS FUND MANAGEMENT LLC 0.02% of their portfolio | 14.5k $1.1m | Unchanged |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 13.6k $1.1m | New |
| SEI INVESTMENTS CO 0.00% of their portfolio | 13.4k $1.1m | New |
| XTX Topco Ltd 0.02% of their portfolio | 13.2k $1.0m | Reduced -7.5k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 12.7k $1.0m | Added +12.6k |
| MORGAN STANLEY 0.00% of their portfolio | 12.6k $993.5k | Added +9.0k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 12.5k $985.6k | New |
| Bellevue Group AG 0.02% of their portfolio | 10.6k $833.1k | Reduced -35 |
| NOMURA HOLDINGS INC 0.01% of their portfolio | 8.6k $678.9k | New |
| Brevan Howard Capital Management LP 0.01% of their portfolio | 7.7k $609.1k | Added +3.2k |
| Alyeska Investment Group, L.P. 0.00% of their portfolio | 7.0k $552.6k | Unchanged |
| Walleye Capital LLC 0.00% of their portfolio | 6.0k $470.2k | Reduced -4 |
| BRANDYWINE MANAGERS, LLC 0.27% of their portfolio | 5.8k $453.9k | New |
| Green Alpha Advisors, LLC 0.40% of their portfolio | 5.2k $408.0k | Reduced -158 |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 4.8k $377.0k | Reduced -804 |
| Pathstone Holdings, LLC 0.00% of their portfolio | 4.3k $337.9k | Reduced -49 |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 4.2k $328.2k | Reduced -16.6k |
| MYDA Advisors LLC 0.07% of their portfolio | 4.0k $315.8k | Reduced -36.2k |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 3.9k $304.9k | New |
| CONNABLE OFFICE INC 0.03% of their portfolio | 3.9k $303.9k | New |
| Cornerstone Investment Partners, LLC 0.01% of their portfolio | 3.4k $268.6k | New |
| BARCLAYS PLC 0.00% of their portfolio | 2.8k $217.7k | New |
| Renaissance Capital LLC 0.10% of their portfolio | 1.9k $144.6k | Reduced -527 |
| Vanguard Global Advisers, LLC 0.00% of their portfolio | 1.8k $138.5k | First filing |
| Smartleaf Asset Management LLC 0.00% of their portfolio | 1.3k $90.9k | Added +357 |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 1.1k $87.5k | Added +175 |
| SBI Securities Co., Ltd. 0.00% of their portfolio | 680 $53.7k | Added +609 |
| RiverPark Advisors, LLC 0.02% of their portfolio | 627 $49.5k | Added +164 |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 420 $33.2k | Added +110 |
| Steward Partners Investment Advisory, LLC 0.00% of their portfolio | 300 $23.7k | Added +200 |
| HARBOUR INVESTMENTS, INC. 0.00% of their portfolio | 180 $14.2k | New |
| FIFTH THIRD BANCORP 0.00% of their portfolio | 134 $10.6k | New |
| MCF Advisors LLC 0.00% of their portfolio | 104 $8.2k | Added +65 |
| Rossby Financial, LCC 0.00% of their portfolio | 100 $8.3k | Reduced -200 |
| US BANCORP \DE\ 0.00% of their portfolio | 64 $5.1k | New |
| Colonial Trust Advisors 0.00% of their portfolio | 50 $3.9k | Unchanged |
| Essential Investment Partners LLC 0.00% of their portfolio | 50 $3.9k | Added +25 |
| Quantbot Technologies LP 0.00% of their portfolio | 40 $3.2k | New |
| Physician Wealth Advisors, Inc. 0.00% of their portfolio | 17 $1.3k | Unchanged |
| HUNTINGTON NATIONAL BANK 0.00% of their portfolio | 15 $1.2k | New |
| Frazier Financial Advisors, LLC 0.00% of their portfolio | 14 $1.1k | Unchanged |
| JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio | 12 $835 | Unchanged |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 8 $632 | New |
| Marquette Asset Management, LLC 0.00% of their portfolio | 7 $553 | New |
| CITIGROUP INC 0.00% of their portfolio | 1 $79 | Unchanged |