CG ONCOLOGY INC CGON
COM · Common Stock · CUSIP 156944100
- SectorHealth care
- IndustryBiological Products, (No Diagnostic Substances)
- HeadquartersDallas, TX
- 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 ($60.0m this quarter). Holder counts are more reliable. Shares outstanding: 80.7m as of 2025-11-12, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $41.51. Options: 9 managers hold calls ($74.0m notional), 5 hold puts ($29.5m).
Trends to Q4 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q1 2024 | 97 |
| Q2 2024 | 112 |
| Q3 2024 | 122 |
| Q4 2024 | 142 |
| Q1 2025 | 144 |
| Q2 2025 | 165 |
| Q3 2025 | 177 |
| Q4 2025 | 196 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q2 2024 | 74 | 35 |
| Q3 2024 | 84 | 34 |
| Q4 2024 | 88 | 44 |
| Q1 2025 | 87 | 55 |
| Q2 2025 | 114 | 48 |
| Q3 2025 | 87 | 75 |
| Q4 2025 | 107 | 70 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2025 | $1.1m | $859.2k | 0.75 |
| Q2 2025 | $21.7m | $7.9m | 0.36 |
| Q3 2025 | $7.8m | $1.2m | 0.15 |
| Q4 2025 | $74.0m | $29.5m | 0.40 |
Biggest buyers
| PRICE T ROWE ASSOCIATES INC /MD/ | Added | +1.9m |
| STATE STREET CORP | Added | +950.0k |
| EcoR1 Capital, LLC | New | +772.0k |
| WELLINGTON MANAGEMENT GROUP LLP | Added | +487.0k |
| T. Rowe Price Investment Management, Inc. | New | +464.4k |
| CITADEL ADVISORS LLC | Added | +442.4k |
| BANK OF AMERICA CORP /DE/ | Added | +441.7k |
| FMR LLC | Added | +432.4k |
| EVENTIDE ASSET MANAGEMENT, LLC | New | +312.4k |
| RTW INVESTMENTS, LP | Added | +310.9k |
Biggest sellers
| BRAIDWELL LP | Reduced | -1.4m |
| Point72 Asset Management, L.P. | Reduced | -1.4m |
| Kynam Capital Management, LP | Reduced | -1.1m |
| MANGROVE PARTNERS IM, LLC | Sold out | -671.7k |
| Cormorant Asset Management, LP | Sold out | -625.0k |
| Saturn V Capital Management LP | Sold out | -579.9k |
| ALLIANCEBERNSTEIN L.P. | Reduced | -524.7k |
| CenterBook Partners LP | Reduced | -326.1k |
| SILVERARC CAPITAL MANAGEMENT, LLC | Reduced | -277.2k |
| Candriam S.C.A. | Reduced | -240.3k |
Biggest calls
| Octagon Capital Advisors LP | New | $24.9m600.0k shares |
| Caption Management, LLC | Added | $16.6m400.0k shares |
| EcoR1 Capital, LLC | New | $12.2m292.8k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $10.1m242.8k shares |
| MILLENNIUM MANAGEMENT LLC | New | $2.9m70.0k shares |
| CITADEL ADVISORS LLC | Added | $2.5m60.3k shares |
| SIMPLEX TRADING, LLC | Added | $2.2m53.7k shares |
| JANE STREET GROUP, LLC | Added | $1.7m40.7k shares |
| GROUP ONE TRADING LLC | Added | $942.5k22.7k shares |
Biggest puts
| Caption Management, LLC | New | $25.0m602.4k shares |
| JANE STREET GROUP, LLC | Added | $2.8m66.4k shares |
| CITADEL ADVISORS LLC | Added | $1.5m36.4k shares |
| GROUP ONE TRADING LLC | Added | $157.8k3.8k shares |
| SIMPLEX TRADING, LLC | Added | $112.1k2.7k 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 |
|---|---|
| RTW INVESTMENTS, LP 13G · institution +1.4 pts · filed 2026-08-14 | 9.7% |
| Decheng Capital Global Life Sciences Fund IV, L.P. 13G · passive investor filed 2025-02-14 | 8.4% |
| T. Rowe Price Investment Management, Inc. 13G · institution new · filed 2026-05-15 | 8.0% |
| BlackRock, Inc. 13G · institution filed 2026-07-27 | 6.8% |
| WELLINGTON MANAGEMENT GROUP LLP 13G · institution -1.2 pts · filed 2026-08-13 | 6.0% |
Longitude Capital Partners IV, LLC
13D · may seek influence
new · filed 2025-09-18
Stated purposeThe information set forth in Item 3 of this Statement is incorporated herein by reference. The Reporting Persons hold the securities of the Issuer for general investment purposes. The Reporting Persons may, from time to time, depending on prevailing market, economic and other conditions, acquire additional shares of Common Stock or other securities of the Issuer, dispose of any such securities, or engage in discussions with the Issuer concerning such acquisitions or dispositions or further investments in the Issuer. The Reporting Persons intend to review their investment in the Issuer on a continuing basis and, depending upon the price and availability of shares of Common Stock or other securities of the Issuer, subsequent developments affecting the Issuer, the Issuer's business and prospe… Full filing |
6.0% |
| Unique Diamond Investments Ltd 13G · exempt (held before listing) filed 2025-01-28 | 5.5% |
| FMR LLC 13G · institution new · filed 2025-08-06 | 5.1% |
Fell to 5% or below in the last year: Foresite Capital Fund V, L.P. (4.9%, 2026-08-14), VANGUARD GROUP INC (0.0%, 2026-03-26)
Insider purchases and sales in Q4 2025
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 |
|---|---|---|---|---|---|
| Q1 2024 | 3 | $5.1m | 0 | — | — |
| Q2 2024 | 0 | — | 0 | — | — |
| Q3 2024 | 0 | — | 1 | $23.0m | — |
| Q4 2024 | 0 | — | 2 | $19.7m | $63.4k |
| Q1 2025 | 0 | — | 1 | $86.3k | $86.3k |
| Q2 2025 | 0 | — | 1 | $58.8k | $58.8k |
| Q3 2025 | 1 | $50.0m | 3 | $5.3m | $5.3m |
| Q4 2025 | 0 | — | 2 | $344.4k | $344.4k |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-11-17 | POST LEONARD E Director | Sold plan | $41.4k1.0k shares |
| 2025-10-13 | POST LEONARD E Director | Sold plan | $43.2k1.0k shares |
| 2025-10-09 | Mulay James Director | Sold plan | $259.7k5.9k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q4 2025
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.00% of their portfolio | 6.5m $271.5m | Reduced -37.8k |
| Decheng Capital LLC 35.59% of their portfolio | 6.4m $264.6m | Unchanged |
| WELLINGTON MANAGEMENT GROUP LLP 0.04% of their portfolio | 6.0m $249.1m | Added +487.0k |
| BlackRock, Inc. 0.00% of their portfolio | 4.8m $201.1m | Added +256.7k |
| FMR LLC 0.01% of their portfolio | 4.3m $178.5m | Added +432.4k |
| TCG Crossover Management, LLC 5.04% of their portfolio | 3.7m $152.4m | Unchanged |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.02% of their portfolio | 3.4m $143.0m | Added +1.9m |
| STATE STREET CORP 0.00% of their portfolio | 3.0m $124.4m | Added +950.0k |
| Foresite Capital Management VI LLC 27.88% of their portfolio | 2.2m $92.2m | Unchanged |
| RTW INVESTMENTS, LP 0.84% of their portfolio | 2.0m $83.5m | Added +310.9k |
| UBS Group AG 0.02% of their portfolio | 1.9m $79.9m | Reduced -202.5k |
| BRAIDWELL LP 2.48% of their portfolio | 1.9m $77.7m | Reduced -1.4m |
| ALLIANCEBERNSTEIN L.P. 0.02% of their portfolio | 1.6m $67.0m | Reduced -524.7k |
| FRANKLIN RESOURCES INC 0.02% of their portfolio | 1.6m $64.8m | Added +92.3k |
| ORBIMED ADVISORS LLC 1.29% of their portfolio | 1.5m $63.0m | Reduced -210.3k |
| Seven Fleet Capital Management LP 42.57% of their portfolio | 1.5m $62.9m | First filing |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 1.5m $62.8m | Added +38.4k |
| Avidity Partners Management LP 17.64% of their portfolio | 1.5m $61.1m | Reduced -128.2k |
| DV Trading LLC 5.18% of their portfolio | 1.4m $59.8m | First filing |
| Pictet Asset Management Holding SA 0.05% of their portfolio | 1.3m $56.0m | Added +31.0k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 1.3m $55.0m | Reduced -42.3k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 1.2m $49.4m | Added +441.7k |
| ACORN CAPITAL ADVISORS, LLC 15.92% of their portfolio | 1.1m $47.0m | Unchanged |
| Polar Capital Holdings Plc 0.21% of their portfolio | 1.1m $45.6m | Unchanged |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio | 1.1m $45.3m | Added +310.6k |
| Foresite Capital Management V, LLC 25.36% of their portfolio | 1.0m $41.7m | Unchanged |
| Kynam Capital Management, LP 2.56% of their portfolio | 945.8k $39.3m | Reduced -1.1m |
| Candriam S.C.A. 0.17% of their portfolio | 797.6k $33.1m | Reduced -240.3k |
| EcoR1 Capital, LLC 1.46% of their portfolio | 772.0k $32.1m | New |
| Clearbridge Investments, LLC 0.02% of their portfolio | 705.0k $29.3m | Added +91.2k |
| CITADEL ADVISORS LLC 0.02% of their portfolio | 681.2k $28.3m | Added +442.4k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 586.8k $24.4m | Added +131.1k |
| MORGAN STANLEY 0.00% of their portfolio | 545.0k $22.6m | Reduced -97.4k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 542.7k $22.5m | Added +17.2k |
| Ensign Peak Advisors, Inc 0.04% of their portfolio | 530.8k $22.0m | Added +134.3k |
| Woodline Partners LP 0.08% of their portfolio | 492.5k $20.4m | Reduced -79.0k |
| Elmind Capital, LP 6.03% of their portfolio | 492.5k $20.4m | First filing |
| NORTHERN TRUST CORP 0.00% of their portfolio | 481.9k $20.0m | Reduced -9.4k |
| T. Rowe Price Investment Management, Inc. 0.01% of their portfolio | 464.4k $19.3m | New |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 461.1k $19.1m | Added +8.8k |
| TimesSquare Capital Management, LLC 0.27% of their portfolio | 426.0k $17.7m | Reduced -77.5k |
| Opaleye Management Inc. 2.25% of their portfolio | 410.0k $17.0m | Unchanged |
| SILVERARC CAPITAL MANAGEMENT, LLC 2.17% of their portfolio | 361.2k $15.0m | Reduced -277.2k |
| EVENTIDE ASSET MANAGEMENT, LLC 0.20% of their portfolio | 312.4k $13.0m | New |
| Eversept Partners, LP 0.72% of their portfolio | 308.5k $12.8m | New |
| Caption Management, LLC 0.56% of their portfolio | 306.8k $12.7m | New |
| Rosalind Advisors, Inc. 4.54% of their portfolio | 300.0k $12.5m | Unchanged |
| JENNISON ASSOCIATES LLC 0.01% of their portfolio | 282.5k $11.7m | New |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.01% of their portfolio | 281.1k $11.3m | Added +135.7k |
| MARSHALL WACE, LLP 0.01% of their portfolio | 261.1k $10.8m | Added +204.7k |
| ADAR1 Capital Management, LLC 0.80% of their portfolio | 258.1k $10.7m | Added +9.2k |
| ArrowMark Colorado Holdings LLC 0.22% of their portfolio | 245.8k $10.2m | Reduced -11.4k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 240.5k $10.0m | Added +132.6k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.00% of their portfolio | 201.9k $8.4m | Reduced -45.8k |
| Logos Global Management LP 0.55% of their portfolio | 200.0k $8.3m | New |
| Ikarian Capital, LLC 1.07% of their portfolio | 199.5k $8.3m | Reduced -50.0k |
| BARCLAYS PLC 0.00% of their portfolio | 187.5k $7.8m | Added +33.6k |
| TD Asset Management Inc 0.01% of their portfolio | 186.4k $7.7m | Added +35.3k |
| FIRST TRUST ADVISORS LP 0.01% of their portfolio | 181.8k $7.5m | Added +106.3k |
| Soleus Capital Management, L.P. 0.30% of their portfolio | 170.0k $7.1m | Reduced -120.0k |
| PFM Health Sciences, LP 0.69% of their portfolio | 164.0k $6.8m | Added +6.1k |
| Davern Capital Partners, LP 2.17% of their portfolio | 162.0k $6.7m | First filing |
| Bank of New York Mellon Corp 0.00% of their portfolio | 155.2k $6.4m | Reduced -4.4k |
| Point72 Asset Management, L.P. 0.01% of their portfolio | 151.4k $6.3m | Reduced -1.4m |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 150.2k $6.2m | Added +77.5k |
| Russell Investments Group, Ltd. 0.01% of their portfolio | 143.3k $6.0m | Added +137.2k |
| Nuveen, LLC 0.00% of their portfolio | 134.7k $5.6m | Reduced -2.3k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 128.5k $5.2m | Added +17.6k |
| LORD, ABBETT & CO. LLC 0.02% of their portfolio | 125.6k $5.2m | New |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 124.5k $5.2m | Added +32.0k |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 112.3k $4.7m | Added +76 |
| Nantahala Capital Management, LLC 0.27% of their portfolio | 109.4k $4.5m | Unchanged |
| Rafferty Asset Management, LLC 0.02% of their portfolio | 106.1k $4.4m | Added +44.4k |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 96.1k $4.0m | Added +84.4k |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 91.5k $3.8m | Reduced -161.7k |
| Swiss National Bank 0.00% of their portfolio | 84.4k $3.5m | Added +3.1k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 70.6k $2.9m | Reduced -10.2k |
| CenterBook Partners LP 0.14% of their portfolio | 69.2k $2.9m | Reduced -326.1k |
| ALPS ADVISORS INC 0.02% of their portfolio | 66.0k $2.7m | Added +28.5k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 62.6k $2.6m | Added +26.3k |
| BOOTHBAY FUND MANAGEMENT, LLC 0.06% of their portfolio | 59.4k $2.5m | Reduced -35.1k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.00% of their portfolio | 58.1k $2.4m | Added +57.7k |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.00% of their portfolio | 55.2k $2.3m | Reduced -8.6k |
| SECTOR GAMMA AS 0.49% of their portfolio | 52.0k $2.2m | New |
| SummitTX Capital, L.P. 0.06% of their portfolio | 49.9k $2.1m | Reduced -36.7k |
| Legal & General Group Plc 0.00% of their portfolio | 45.1k $1.9m | Added +1.9k |
| VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 43.7k $1.8m | Reduced -4.3k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio | 43.1k $1.8m | Added +3.2k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 41.7k $1.7m | Added +2.9k |
| AMI ASSET MANAGEMENT CORP 0.10% of their portfolio | 41.2k $1.7m | Reduced -2.9k |
| PDT Partners, LLC 0.11% of their portfolio | 40.0k $1.7m | Unchanged |
| PROFUND ADVISORS LLC 0.05% of their portfolio | 39.3k $1.6m | Added +25.6k |
| AlphaQuest LLC 0.09% of their portfolio | 38.9k $1.6m | Added +25.3k |
| Invesco Ltd. 0.00% of their portfolio | 38.1k $1.6m | Added +3.8k |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.00% of their portfolio | 37.8k $1.6m | Added +32.6k |
| Cinctive Capital Management LP 0.09% of their portfolio | 37.2k $1.5m | Added +4.6k |
| NEOS Investment Management LLC 0.01% of their portfolio | 36.6k $1.5m | Added +6.4k |
| Tema ETFs LLC 0.12% of their portfolio | 36.1k $1.5m | Added +5.8k |
| Sivik Global Healthcare LLC 0.71% of their portfolio | 35.0k $1.5m | New |
| XTX Topco Ltd 0.04% of their portfolio | 33.7k $1.4m | New |