EDGEWISE THERAPEUTICS INC EWTX
COM · Common Stock · CUSIP 28036F105
- SectorHealth care
- IndustryPharmaceutical Preparations
- HeadquartersBoulder, CO
- 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 ($66.1k this quarter). Holder counts are more reliable. Shares outstanding: 105.9m as of 2025-10-31, 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 ≈ $16.22. Options: 7 managers hold calls ($3.8m notional), 4 hold puts ($2.0m).
Trends to Q3 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 94 |
| Q4 2022 | 91 |
| Q1 2023 | 86 |
| Q2 2023 | 96 |
| Q3 2023 | 86 |
| Q4 2023 | 117 |
| Q1 2024 | 130 |
| Q2 2024 | 141 |
| Q3 2024 | 178 |
| Q4 2024 | 203 |
| Q1 2025 | 195 |
| Q2 2025 | 180 |
| Q3 2025 | 173 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2023 | 77 | 26 |
| Q1 2024 | 91 | 47 |
| Q2 2024 | 90 | 50 |
| Q3 2024 | 107 | 60 |
| Q4 2024 | 105 | 83 |
| Q1 2025 | 100 | 97 |
| Q2 2025 | 117 | 81 |
| Q3 2025 | 77 | 81 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q4 2024 | $23.3m | $9.8m | 0.42 |
| Q1 2025 | $61.6m | $32.7m | 0.53 |
| Q2 2025 | $775.4k | $1.1m | 1.48 |
| Q3 2025 | $3.8m | $2.0m | 0.53 |
Biggest buyers
| Siren, L.L.C. | Added | +736.8k |
| RA CAPITAL MANAGEMENT, L.P. | Added | +525.8k |
| Integral Health Asset Management, LLC | Added | +500.0k |
| AMERICAN CENTURY COMPANIES INC | Added | +312.3k |
| Aberdeen Group plc | Added | +176.6k |
| MORGAN STANLEY | Added | +142.0k |
| HighVista Strategies LLC | Added | +138.4k |
| DIMENSIONAL FUND ADVISORS LP | Added | +134.2k |
| Driehaus Capital Management LLC | Added | +126.5k |
| Eversept Partners, LP | Added | +109.5k |
Biggest sellers
| DEERFIELD MANAGEMENT COMPANY, L.P. | Reduced | -1.3m |
| Polar Capital Holdings Plc | Sold out | -975.0k |
| Woodline Partners LP | Reduced | -872.7k |
| PERCEPTIVE ADVISORS LLC | Reduced | -844.1k |
| Artisan Partners Limited Partnership | Reduced | -660.9k |
| Foresite Capital Management VI LLC | Sold out | -585.0k |
| JANUS HENDERSON GROUP PLC | Reduced | -524.0k |
| BlackRock, Inc. | Reduced | -429.6k |
| CITADEL ADVISORS LLC | Reduced | -302.9k |
| First Light Asset Management, LLC | Reduced | -299.0k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $1.2m76.5k shares |
| Troluce Capital Advisors LLC | New | $892.1k55.0k shares |
| CITADEL ADVISORS LLC | Added | $747.7k46.1k shares |
| TUDOR INVESTMENT CORP ET AL | New | $627.7k38.7k shares |
| BOOTHBAY FUND MANAGEMENT, LLC | New | $173.6k10.7k shares |
| GROUP ONE TRADING LLC | Added | $129.8k8.0k shares |
| SIMPLEX TRADING, LLC | Added | $32.0k2.0k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $1.6m101.5k shares |
| CITADEL ADVISORS LLC | Reduced | $311.4k19.2k shares |
| SIMPLEX TRADING, LLC | Reduced | $50.0k3.1k shares |
| GROUP ONE TRADING LLC | Reduced | $11.4k700 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 |
|---|---|
ORBIMED ADVISORS LLC
13D · may seek influence
filed 2025-05-12
Stated purposeThe Reporting Persons from time to time intend to review their investment in the Issuer on the basis of various factors, including the Issuer's business, financial condition, results of operations and prospects, general economic and industry conditions, the securities markets in general and those for the Issuer's Shares in particular, as well as other developments and other investment opportunities. Based upon such review, the Reporting Persons will take such actions in the future as the Reporting Persons may deem appropriate in light of the circumstances existing from time to time. If the Reporting Persons believe that further investment in the Issuer is attractive, whether because of the market price of Shares or otherwise, they may acquire Shares or other securities of the Issuer either… Full filing |
14.5% |
| Paradigm Biocapital Advisors LP 13G · passive investor +3.3 pts · filed 2026-08-14 | 9.5% |
| RA CAPITAL MANAGEMENT, L.P. 13G · passive investor -2.1 pts · filed 2026-08-14 | 7.8% |
| JANUS HENDERSON GROUP PLC 13G · institution +0.8 pts · filed 2026-05-15 | 5.5% |
| BlackRock, Inc. 13G · institution filed 2025-07-17 | 5.5% |
| FMR LLC 13G · institution new · filed 2026-08-06 | 5.1% |
Fell to 5% or below in the last year: BAKER BROS. ADVISORS LP (3.4%, 2026-08-14), Novo Holdings A/S (4.9%, 2026-04-27)
Insider purchases and sales in Q3 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 |
|---|---|---|---|---|---|
| Q4 2023 | 1 | $101.0k | 2 | $1.7m | — |
| Q1 2024 | 2 | $5.0m | 3 | $2.2m | $2.2m |
| Q2 2024 | 0 | — | 6 | $269.3k | — |
| Q3 2024 | 0 | — | 5 | $9.1m | — |
| Q4 2024 | 0 | — | 2 | $3.6m | $3.6m |
| Q1 2025 | 0 | — | 4 | $1.6m | $1.3m |
| Q2 2025 | 2 | $10.0m | 6 | $262.4k | — |
| Q3 2025 | 0 | — | 6 | $1.7m | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-08-26 | Russell Alan J Chief Scientific Officer, director | Sold | $1.5m100.0k shares |
| 2025-08-12 | KOCH KEVIN President and CEO, director | Sold | $106.7k8.0k shares |
| 2025-08-12 | Donovan Joanne M. CMO | Sold | $38.3k2.9k shares |
| 2025-08-12 | Derakhshan Behrad Chief Business Officer | Sold | $33.4k2.5k shares |
| 2025-08-12 | MOORE JOHN R General Counsel | Sold | $28.1k2.1k shares |
| 2025-08-12 | Russell Alan J Chief Scientific Officer, director | Sold | $25.5k1.9k shares |
| 2025-08-12 | Carruthers R Michael Chief Financial Officer | Sold | $19.1k1.4k 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, Q3 2025
| Manager | Shares | Change |
|---|---|---|
| ORBIMED ADVISORS LLC 6.04% of their portfolio | 15.5m $251.7m | Unchanged |
| RA CAPITAL MANAGEMENT, L.P. 2.08% of their portfolio | 10.4m $169.1m | Added +525.8k |
| BAKER BROS. ADVISORS LP 0.86% of their portfolio | 7.3m $118.5m | Unchanged |
| BlackRock, Inc. 0.00% of their portfolio | 6.4m $103.0m | Reduced -429.6k |
| Paradigm Biocapital Advisors LP 2.96% of their portfolio | 6.2m $100.1m | Added +27.8k |
| NOVO HOLDINGS A/S 5.59% of their portfolio | 5.3m $86.8m | Unchanged |
| BRAIDWELL LP 2.51% of their portfolio | 5.2m $84.5m | Unchanged |
| JANUS HENDERSON GROUP PLC 0.04% of their portfolio | 5.0m $80.8m | Reduced -524.0k |
| VANGUARD GROUP INC 0.00% of their portfolio | 4.8m $77.9m | Reduced -37.6k |
| Cormorant Asset Management, LP 4.49% of their portfolio | 4.0m $65.0m | Reduced -242.0k |
| Siren, L.L.C. 2.47% of their portfolio | 3.9m $63.2m | Added +736.8k |
| PERCEPTIVE ADVISORS LLC 1.78% of their portfolio | 3.8m $61.6m | Reduced -844.1k |
| Bellevue Group AG 0.94% of their portfolio | 2.8m $45.0m | Unchanged |
| Driehaus Capital Management LLC 0.26% of their portfolio | 2.2m $36.1m | Added +126.5k |
| MPM BIOIMPACT LLC 4.57% of their portfolio | 1.7m $27.9m | Unchanged |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 1.7m $27.9m | Reduced -79.6k |
| STATE STREET CORP 0.00% of their portfolio | 1.7m $27.6m | Reduced -81.6k |
| Integral Health Asset Management, LLC 1.77% of their portfolio | 1.5m $24.3m | Added +500.0k |
| First Light Asset Management, LLC 2.16% of their portfolio | 1.4m $23.0m | Reduced -299.0k |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 1.2m $19.2m | Added +134.2k |
| AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio | 1.1m $17.8m | Added +312.3k |
| New Leaf Venture Partners, L.L.C. 38.82% of their portfolio | 1.0m $16.7m | Unchanged |
| MORGAN STANLEY 0.00% of their portfolio | 869.7k $14.1m | Added +142.0k |
| DEERFIELD MANAGEMENT COMPANY, L.P. 0.19% of their portfolio | 765.7k $12.4m | Reduced -1.3m |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 725.4k $11.8m | Reduced -196.5k |
| Artisan Partners Limited Partnership 0.02% of their portfolio | 718.2k $11.6m | Reduced -660.9k |
| D. E. Shaw & Co., Inc. 0.01% of their portfolio | 677.6k $11.0m | Added +82.1k |
| Aberdeen Group plc 0.02% of their portfolio | 619.9k $10.1m | Added +176.6k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 597.6k $9.7m | Added +18.5k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 587.9k $9.5m | Reduced -15.0k |
| EVENTIDE ASSET MANAGEMENT, LLC 0.15% of their portfolio | 568.3k $9.2m | Unchanged |
| Qube Research & Technologies Ltd 0.01% of their portfolio | 555.7k $9.0m | Added +55.8k |
| Parkman Healthcare Partners LLC 0.98% of their portfolio | 550.2k $8.9m | Reduced -97.2k |
| CITIGROUP INC 0.01% of their portfolio | 538.5k $8.7m | Reduced -186.4k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 527.8k $8.6m | Reduced -103.9k |
| Sofinnova Investments, Inc. 0.52% of their portfolio | 520.2k $8.4m | Reduced -196.6k |
| Eversept Partners, LP 0.62% of their portfolio | 502.2k $8.1m | Added +109.5k |
| Opaleye Management Inc. 1.15% of their portfolio | 500.0k $8.1m | Added +10.0k |
| VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio | 498.6k $8.1m | Added +55.8k |
| TANG CAPITAL MANAGEMENT LLC 0.27% of their portfolio | 431.3k $7.0m | Unchanged |
| Granahan Investment Management, LLC 0.23% of their portfolio | 339.6k $5.5m | Reduced -65.9k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 321.1k $5.2m | Added +66.7k |
| Sio Capital Management, LLC 1.26% of their portfolio | 307.2k $5.0m | Reduced -232.5k |
| Kynam Capital Management, LP 0.31% of their portfolio | 254.0k $4.1m | Unchanged |
| FMR LLC 0.00% of their portfolio | 253.3k $4.1m | Reduced -217.4k |
| KENNEDY CAPITAL MANAGEMENT LLC 0.09% of their portfolio | 250.6k $4.1m | Reduced -1.9k |
| BARCLAYS PLC 0.00% of their portfolio | 234.7k $3.8m | Reduced -46.6k |
| Woodline Partners LP 0.02% of their portfolio | 224.2k $3.6m | Reduced -872.7k |
| Candriam S.C.A. 0.02% of their portfolio | 221.2k $3.6m | Reduced -2.8k |
| NEUBERGER BERMAN GROUP LLC 0.00% of their portfolio | 219.6k $3.6m | Added +54.1k |
| DAFNA Capital Management LLC 0.86% of their portfolio | 213.7k $3.5m | Reduced -24.4k |
| HighVista Strategies LLC 0.83% of their portfolio | 208.1k $3.4m | Added +138.4k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 204.2k $3.3m | Reduced -8.6k |
| Exome Asset Management LLC 1.86% of their portfolio | 173.4k $2.8m | Added +49.0k |
| Nuveen, LLC 0.00% of their portfolio | 172.7k $2.8m | Reduced -144.5k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 154.9k $2.5m | Added +7.4k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.00% of their portfolio | 151.1k $2.4m | Unchanged |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 139.1k $2.3m | Reduced -52.5k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 137.4k $2.2m | Added +59.8k |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.00% of their portfolio | 132.5k $2.1m | Added +325 |
| WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio | 114.5k $1.9m | Added +2.0k |
| UBS Group AG 0.00% of their portfolio | 114.1k $1.9m | Reduced -56.9k |
| GSA CAPITAL PARTNERS LLP 0.15% of their portfolio | 113.2k $1.8m | Added +86.0k |
| Quantum Private Wealth, LLC 0.50% of their portfolio | 105.9k $1.7m | Added +5.1k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 104.8k $1.7m | Reduced -7.7k |
| Swiss National Bank 0.00% of their portfolio | 101.9k $1.7m | Added +11.9k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 83.4k $1.4m | Reduced -10.4k |
| Moody Aldrich Partners LLC 0.26% of their portfolio | 82.9k $1.3m | Reduced -16.9k |
| Jump Financial, LLC 0.02% of their portfolio | 80.8k $1.3m | Reduced -40.9k |
| DekaBank Deutsche Girozentrale 0.00% of their portfolio | 80.0k $1.5m | Unchanged |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 77.3k $1.3m | Unchanged |
| Squarepoint Ops LLC 0.00% of their portfolio | 75.3k $1.2m | New |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 70.0k $1.1m | Added +19.8k |
| Invesco Ltd. 0.00% of their portfolio | 66.1k $1.1m | Added +9.9k |
| FEDERATED HERMES, INC. 0.00% of their portfolio | 59.3k $961.1k | Reduced -257.2k |
| Y-Intercept (Hong Kong) Ltd 0.02% of their portfolio | 57.3k $929.4k | New |
| Legal & General Group Plc 0.00% of their portfolio | 55.9k $907.4k | Added +3.6k |
| HighMark Wealth Management LLC 0.38% of their portfolio | 53.2k $862.6k | Added +1.1k |
| HRT FINANCIAL LP 0.00% of their portfolio | 52.2k $846.0k | New |
| Schonfeld Strategic Advisors LLC 0.01% of their portfolio | 52.0k $843.3k | Reduced -115.4k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 51.4k $834.0k | Added +704 |
| ALPS ADVISORS INC 0.00% of their portfolio | 51.1k $829.0k | Reduced -5.7k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 50.8k $823.9k | Added +13.9k |
| PRELUDE CAPITAL MANAGEMENT, LLC 0.06% of their portfolio | 49.2k $798.1k | Added +10.4k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 48.2k $782.1k | Added +2.4k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 45.6k $740.2k | Reduced -69.6k |
| MetLife Investment Management, LLC 0.00% of their portfolio | 43.9k $711.8k | Unchanged |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 42.2k $684.4k | Added +3.8k |
| ALGERT GLOBAL LLC 0.01% of their portfolio | 41.0k $664.4k | Added +6.2k |
| ADAR1 Capital Management, LLC 0.06% of their portfolio | 40.0k $648.8k | Unchanged |
| SEI INVESTMENTS CO 0.00% of their portfolio | 39.1k $634.1k | Reduced -4.5k |
| Handelsbanken Fonder AB 0.00% of their portfolio | 38.4k $623.0k | Added +9.7k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.00% of their portfolio | 36.6k $594.0k | Reduced -17.4k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 35.5k $576.4k | Reduced -2.8k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio | 31.4k $508.5k | Reduced -8.6k |
| INTECH INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 29.2k $473.3k | Reduced -14.9k |
| OPTIMIZE FINANCIAL INC. 0.23% of their portfolio | 27.3k $442.5k | New |
| TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio | 26.3k $426.0k | New |
| Trexquant Investment LP 0.00% of their portfolio | 22.6k $367.0k | New |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 22.3k $362.0k | Reduced -302.9k |