CORBUS PHARMACEUTICALS HLDGS CRBP
COM NEW · Common Stock · CUSIP 21833P301
Company in Norwood, United States
- SectorHealth care
- IndustryPharmaceutical Preparations
- HeadquartersNorwood, MA
- Founded2009
- Websitecorbuspharma.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 ($7.6k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $8.14. Options: 3 managers hold calls ($512.0k notional), 1 hold puts ($3.3k).
Trends to Q4 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q1 2023 | 30 |
| Q2 2023 | 29 |
| Q3 2023 | 28 |
| Q4 2023 | 35 |
| Q1 2024 | 83 |
| Q2 2024 | 108 |
| Q3 2024 | 108 |
| Q4 2024 | 100 |
| Q1 2025 | 87 |
| Q2 2025 | 81 |
| Q3 2025 | 81 |
| Q4 2025 | 101 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q1 2024 | 66 | 9 |
| Q2 2024 | 62 | 38 |
| Q3 2024 | 68 | 50 |
| Q4 2024 | 46 | 48 |
| Q1 2025 | 39 | 51 |
| Q2 2025 | 31 | 50 |
| Q3 2025 | 32 | 40 |
| Q4 2025 | 52 | 32 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2025 | $58.3k | $131.8k | 2.26 |
| Q2 2025 | $138.3k | $161.5k | 1.17 |
| Q3 2025 | $6.4m | $1.7m | 0.27 |
| Q4 2025 | $512.0k | $3.3k | 0.01 |
Biggest buyers
| Aberdeen Group plc | Added | +1.1m |
| CITADEL ADVISORS LLC | New | +843.2k |
| ORBIMED ADVISORS LLC | Added | +425.0k |
| Stonepine Capital Management, LLC | New | +389.9k |
| ARMISTICE CAPITAL, LLC | Added | +344.0k |
| Prosight Management, LP | Added | +340.5k |
| ADAR1 Capital Management, LLC | Added | +276.6k |
| VANGUARD GROUP INC | Added | +247.4k |
| RENAISSANCE TECHNOLOGIES LLC | Added | +247.1k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | +158.6k |
Biggest sellers
| Octagon Capital Advisors LP | Reduced | -160.0k |
| MORGAN STANLEY | Reduced | -132.5k |
| TANG CAPITAL MANAGEMENT LLC | Sold out | -127.5k |
| HighVista Strategies LLC | Sold out | -118.0k |
| MILLENNIUM MANAGEMENT LLC | Reduced | -99.4k |
| Exome Asset Management LLC | Reduced | -90.4k |
| Atle Fund Management AB | Reduced | -68.3k |
| SUPERSTRING CAPITAL MANAGEMENT LP | Sold out | -57.6k |
| BANK OF AMERICA CORP /DE/ | Reduced | -54.6k |
| PRELUDE CAPITAL MANAGEMENT, LLC | Reduced | -49.2k |
Biggest calls
| CITADEL ADVISORS LLC | Added | $459.9k56.5k shares |
| GROUP ONE TRADING LLC | Reduced | $43.1k5.3k shares |
| Walleye Trading LLC | New | $9.0k1.1k shares |
Biggest puts
| GROUP ONE TRADING LLC | Reduced | $3.3k400 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 |
|---|---|
| Cormorant Asset Management, LP 13G · institution +0.5 pts · filed 2025-12-15 | 13.4% |
| RA CAPITAL MANAGEMENT, L.P. 13G · passive investor new · filed 2026-09-30 | 9.9% |
| Aberdeen Group plc 13G · institution new · filed 2026-01-16 | 7.5% |
| BlackRock, Inc. 13G · institution +3.0 pts · filed 2026-07-27 | 5.9% |
| ORBIMED ADVISORS LLC 13G · institution filed 2025-02-14 | 5.9% |
Fell to 5% or below in the last year: CITADEL ADVISORS LLC (1.1%, 2026-08-14), Octagon Capital Advisors LP (0.0%, 2026-05-14)
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 | 0 | — | 0 | — | — |
| Q2 2024 | 0 | — | 2 | $3.8m | $3.8m |
| Q3 2024 | 0 | — | 0 | — | — |
| Q4 2024 | 0 | — | 0 | — | — |
| Q1 2025 | 0 | — | 3 | $130.3k | $87.0k |
| Q2 2025 | 0 | — | 2 | $30.5k | $30.5k |
| Q3 2025 | 0 | — | 0 | — | — |
| Q4 2025 | 0 | — | 3 | $713.9k | $713.9k |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-12-11 | Cormorant Asset Management, LP +2 10% owner · See Footnotes | Sold | $344.1k30.0k shares |
| 2025-10-27 | Cohen Yuval Chief Executive Officer, director | Sold plan | $153.8k9.0k shares |
| 2025-10-24 | Cohen Yuval Chief Executive Officer, director | Sold plan | $317.4k18.7k shares |
| 2025-10-24 | Moran Sean F. Chief Financial Officer | Sold plan | $220.9k13.0k shares |
| 2025-10-20 | Altmeyer Anne Director | Sold plan | $21.7k1.1k 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 |
|---|---|---|
| Cormorant Asset Management, LP 1.08% of their portfolio | 2.3m $19.1m | Reduced -30.0k |
| ORBIMED ADVISORS LLC 0.27% of their portfolio | 1.6m $13.0m | Added +425.0k |
| Aberdeen Group plc 0.02% of their portfolio | 1.3m $10.8m | Added +1.1m |
| Octagon Capital Advisors LP 0.97% of their portfolio | 955.0k $7.8m | Reduced -160.0k |
| VANGUARD GROUP INC 0.00% of their portfolio | 859.4k $7.0m | Added +247.4k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 843.2k $6.9m | New |
| Prosight Management, LP 1.15% of their portfolio | 683.9k $5.6m | Added +340.5k |
| ARMISTICE CAPITAL, LLC 0.11% of their portfolio | 536.0k $4.4m | Added +344.0k |
| Stonepine Capital Management, LLC 2.51% of their portfolio | 389.9k $3.2m | New |
| RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio | 354.3k $2.9m | Added +247.1k |
| ADAR1 Capital Management, LLC 0.17% of their portfolio | 286.8k $2.3m | Added +276.6k |
| BlackRock, Inc. 0.00% of their portfolio | 268.0k $2.2m | Added +41.1k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 227.8k $1.9m | Added +158.6k |
| COMERICA BANK 0.01% of their portfolio | 200.0k $1.6m | Unchanged |
| Assenagon Asset Management S.A. 0.00% of their portfolio | 188.0k $1.5m | Added +102.6k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio | 182.1k $1.5m | Added +96.2k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 170.9k $1.4m | Added +43.1k |
| Exome Asset Management LLC 0.56% of their portfolio | 139.5k $1.1m | Reduced -90.4k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 135.7k $1.1m | Added +66.1k |
| Balyasny Asset Management L.P. 0.00% of their portfolio | 133.3k $1.1m | Added +109.9k |
| Atle Fund Management AB 0.28% of their portfolio | 107.3k $873.1k | Reduced -68.3k |
| 683 Capital Management, LLC 0.06% of their portfolio | 85.5k $696.3k | New |
| MARSHALL WACE, LLP 0.00% of their portfolio | 77.5k $631.2k | Reduced -25.0k |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 77.4k $629.7k | New |
| Point72 Asset Management, L.P. 0.00% of their portfolio | 75.1k $611.6k | New |
| Deeter Investments LLP 0.13% of their portfolio | 75.0k $610.5k | First filing |
| Jump Financial, LLC 0.01% of their portfolio | 60.3k $490.8k | New |
| ACADIAN ASSET MANAGEMENT LLC 0.00% of their portfolio | 60.2k $489.0k | Reduced -23.6k |
| Seven Fleet Capital Management LP 0.31% of their portfolio | 56.8k $461.9k | First filing |
| Caption Management, LLC 0.02% of their portfolio | 56.1k $456.4k | New |
| STATE STREET CORP 0.00% of their portfolio | 55.1k $448.4k | Unchanged |
| UBS Group AG 0.00% of their portfolio | 51.2k $416.8k | Reduced -8.3k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 47.4k $386.1k | Added +14.1k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 41.7k $339.4k | Added +14.5k |
| BRC Group Holdings, Inc. 0.13% of their portfolio | 38.7k $315.1k | New |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 37.1k $301.7k | Reduced -99.4k |
| OMERS ADMINISTRATION Corp 0.00% of their portfolio | 30.0k $244.2k | New |
| Quadrature Capital Ltd 0.00% of their portfolio | 29.9k $243.3k | New |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 28.8k $234.4k | Added +18.2k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 28.1k $228.4k | Reduced -30.1k |
| Trexquant Investment LP 0.00% of their portfolio | 27.3k $222.0k | Added +15.1k |
| AlphaQuest LLC 0.01% of their portfolio | 22.9k $186.5k | Added +3.9k |
| MORGAN STANLEY 0.00% of their portfolio | 22.4k $182.2k | Reduced -132.5k |
| Brevan Howard Capital Management LP 0.00% of their portfolio | 18.8k $153.0k | New |
| Pale Fire Capital SE 0.02% of their portfolio | 18.6k $151.8k | New |
| Laurion Capital Management LP 0.01% of their portfolio | 18.6k $151.4k | New |
| PRELUDE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 17.8k $144.7k | Reduced -49.2k |
| Engineers Gate Manager LP 0.00% of their portfolio | 17.1k $139.5k | New |
| Hudson Bay Capital Management LP 0.00% of their portfolio | 17.1k $139.1k | New |
| Mariner, LLC 0.00% of their portfolio | 17.1k $139.1k | Reduced -3.8k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 16.5k $135.0k | Added +1.2k |
| Qube Research & Technologies Ltd 0.00% of their portfolio | 15.9k $129.5k | New |
| Walleye Trading LLC 0.00% of their portfolio | 15.9k $129.0k | New |
| SHERBROOKE PARK ADVISERS LLC 0.32% of their portfolio | 15.4k $125.4k | New |
| BARCLAYS PLC 0.00% of their portfolio | 14.8k $120.1k | Added +10.9k |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 13.4k $109.2k | New |
| Velan Capital Investment Management LP 0.06% of their portfolio | 13.0k $105.8k | Reduced -48.0k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 12.6k $103.0k | Unchanged |
| TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio | 12.5k $101.6k | Reduced -14.0k |
| GSA CAPITAL PARTNERS LLP 0.01% of their portfolio | 11.1k $90.0k | New |
| Virtu Financial LLC 0.00% of their portfolio | 10.8k $88.0k | New |
| Persistent Asset Partners Ltd 0.03% of their portfolio | 6.6k $53.6k | New |
| GROUP ONE TRADING LLC 0.00% of their portfolio | 6.6k $53.6k | Added +556 |
| CITIGROUP INC 0.00% of their portfolio | 5.3k $42.8k | New |
| Avanza Fonder AB 0.00% of their portfolio | 4.9k $39.6k | Reduced -2.3k |
| FMR LLC 0.00% of their portfolio | 1.1k $9.2k | Reduced -271 |
| JTC Employer Solutions Trustee Ltd 0.00% of their portfolio | 1.1k $9.0k | Unchanged |
| FEDERATED HERMES, INC. 0.00% of their portfolio | 979 $8.0k | Added +6 |
| Pinnacle Wealth Planning Services, Inc. 0.00% of their portfolio | 949 $7.7k | New |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 939 $7.6k | New |
| Optiver Holding B.V. 0.00% of their portfolio | 929 $7.6k | Added +917 |
| Versant Capital Management, Inc 0.00% of their portfolio | 601 $4.9k | Unchanged |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 482 $3.9k | Unchanged |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 446 $3.6k | Unchanged |
| GAMMA Investing LLC 0.00% of their portfolio | 386 $3.1k | Unchanged |
| NISA INVESTMENT ADVISORS, LLC 0.00% of their portfolio | 287 $2.3k | Unchanged |
| JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio | 221 $1.8k | Unchanged |
| EverSource Wealth Advisors, LLC 0.00% of their portfolio | 213 $1.7k | Reduced -15 |
| CWM, LLC 0.00% of their portfolio | 149 $1.0k | Reduced -445 |
| MAI Capital Management 0.00% of their portfolio | 126 $1.0k | Reduced -59 |
| ORG Partners LLC 0.00% of their portfolio | 100 $814 | Unchanged |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 86 $699 | Unchanged |
| Golden State Wealth Management, LLC 0.00% of their portfolio | 73 $594 | Unchanged |
| Spire Wealth Management 0.00% of their portfolio | 66 $537 | Unchanged |
| Ancora Advisors LLC 0.00% of their portfolio | 64 $521 | Unchanged |
| SBI Securities Co., Ltd. 0.00% of their portfolio | 52 $423 | Reduced -3 |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 44 $358 | Added +43 |
| HighMark Wealth Management LLC 0.00% of their portfolio | 41 $333 | Unchanged |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 39 $317 | Reduced -475 |
| LANARK FINANCIAL, INC. 0.00% of their portfolio | 33 $268 | Unchanged |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 26 $212 | Reduced -54.6k |
| CoreCap Advisors, LLC 0.00% of their portfolio | 25 $204 | New |
| CURIO WEALTH, LLC 0.00% of their portfolio | 23 $194 | Unchanged |
| FLAGSHIP HARBOR ADVISORS, LLC 0.00% of their portfolio | 16 $130 | New |
| VISION FINANCIAL MARKETS LLC 0.00% of their portfolio | 14 $114 | Unchanged |
| Fortis Group Advisors, LLC 0.00% of their portfolio | 14 $114 | Unchanged |
| NewEdge Advisors, LLC 0.00% of their portfolio | 8 $65 | Unchanged |
| EASTERN BANK 0.00% of their portfolio | 6 $49 | Unchanged |
| Scarborough Advisors, LLC 0.00% of their portfolio | 6 $49 | Unchanged |
| Arax Advisory Partners 0.00% of their portfolio | 3 $24 | Reduced -136 |