Vault-13

KALA BIO INC

COM NEW · CUSIP 483119202

29 institutional holders +1 vs Q1 2025
3,640,8153.6m shares reported held*
$17.3mreported value*
4 new 7 added 5 reduced 4 sold out net sold ≈ $2.4m (-500.0k 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. Holder counts are more reliable. Implied quarter-end price ≈ $4.76. Options: 1 managers hold calls ($0 notional), 1 hold puts ($0).

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

02040Q3 22: 1Q4 22: 28Q1 23: 25Q2 23: 28Q3 23: 26Q4 23: 25Q1 24: 29Q2 24: 29Q3 24: 27Q4 24: 33Q1 25: 28Q2 25: 2929Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 20221
Q4 202228
Q1 202325
Q2 202328
Q3 202326
Q4 202325
Q1 202429
Q2 202429
Q3 202427
Q4 202433
Q1 202528
Q2 202529

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
20020Q3 23: 7 bought or addedQ3 23: 9 cut or sold outQ4 23: 12 bought or addedQ4 23: 5 cut or sold outQ4 23Q1 24: 9 bought or addedQ1 24: 8 cut or sold outQ2 24: 13 bought or addedQ2 24: 10 cut or sold outQ2 24Q3 24: 7 bought or addedQ3 24: 11 cut or sold outQ4 24: 14 bought or addedQ4 24: 8 cut or sold outQ4 24Q1 25: 13 bought or addedQ1 25: 12 cut or sold outQ2 25: 11 bought or addedQ2 25: 9 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 202379
Q4 2023125
Q1 202498
Q2 20241310
Q3 2024711
Q4 2024148
Q1 20251312
Q2 2025119

Biggest buyers

AIGH Capital Management LLC Added +103,650+103.7k
Woodline Partners LP Added +41,383+41.4k
VANGUARD GROUP INC Added +17,600+17.6k
RENAISSANCE TECHNOLOGIES LLC New +17,400+17.4k
XTX Topco Ltd New +12,990+13.0k
GEODE CAPITAL MANAGEMENT, LLC Added +1,534+1.5k
Tower Research Capital LLC (TRC) Added +922+922
JPMORGAN CHASE & CO Added +177+177
OSAIC HOLDINGS, INC. New +100+100
BANK OF AMERICA CORP /DE/ Added +49+49

Biggest sellers

SILVERARC CAPITAL MANAGEMENT, LLC Sold out -246,079-246.1k
PERCEPTIVE ADVISORS LLC Reduced -222,383-222.4k
ADAR1 Capital Management, LLC Reduced -149,125-149.1k
READYSTATE ASSET MANAGEMENT LP Sold out -42,459-42.5k
OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS (LLC) Reduced -32,361-32.4k
UBS Group AG Reduced -3,380-3.4k
Binnacle Investments Inc Sold out -8-8
Covestor Ltd Reduced -2-2
CURIO WEALTH, LLC Sold out -1-1

Biggest calls

CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 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
OXFORD FINANCE LLC 13G · exempt (held before listing) new · filed 2025-12-03 16.5% new 1.6m 2025-12-03
BAKER BROS. ADVISORS LP 13G · institution no change · filed 2026-02-17 10.0% no change 2.9m 2026-02-17
LIFESCI CAPITAL, LLC 13G · institution new · filed 2026-01-13 7.9% new 2.2m 2026-01-13
Lazar David E. 13D · may seek influence new · filed 2026-02-06
Stated purposePursuant to the SPA, as further described in Item 6, effective as of November 23, 2025, the Reporting Person was appointed as the Chief Executive Officer and a member of the Issuer's Board of Directors. In addition to the Reporting Person being appointed as a director and Chief Executive Officer of the Issuer, pursuant to the SPA, the Reporting Person will have the right to recommend to the Issuer up to eight (8) individuals to be nominated for election at the Issuer's upcoming stockholder meeting (the "Stockholder Meeting"), subject to stockholder approval and compliance with Nasdaq Listing Rule 5640. Upon his election to the Board, the Reporting Person will serve as the Chairman of the Board. The Reporting Person purchased the Shares pursuant to the SPA based on the Reporting Person's … Full filing
 5.2% new 49.5m 2026-02-06

Fell to 5% or below in the last year: PERCEPTIVE ADVISORS LLC (0.0%, 2025-11-14), Cormorant Asset Management, LP (0.0%, 2025-11-14), Point72 Asset Management, L.P. (0.0%, 2025-11-14)

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BAKER BROS. ADVISORS LP 0.06% of their portfolio NEW YORK, NY 1,201,8941.2m $5.7m $5.7m 0.06% Unchanged
2 Cormorant Asset Management, LP 0.21% of their portfolio BOSTON, MA 603,027603.0k $2.9m $2.9m 0.21% Unchanged
3 SR One Capital Management, LP 0.62% of their portfolio Redwood City, CA 598,940598.9k $2.9m $2.9m 0.62% Unchanged
4 Woodline Partners LP 0.01% of their portfolio San Francisco, CA 300,149300.1k $1.4m $1.4m 0.01% Added +41.4k +41,383
5 AIGH Capital Management LLC 0.67% of their portfolio BALTIMORE, MD 300,000300.0k $1.4m $1.4m 0.67% Added +103.7k +103,650
6 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 170,375170.4k $811.0k $811.0k 0.00% Added +17.6k +17,600
7 ADAR1 Capital Management, LLC 0.12% of their portfolio AUSTIN, TX 149,830149.8k $713.2k $713.2k 0.12% Reduced -149.1k -149,125
8 OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS (LLC) 0.02% of their portfolio CHICAGO, IL 138,556138.6k $659.5k $659.5k 0.02% Reduced -32.4k -32,361
9 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 56,36756.4k $268.3k $268.3k 0.00% Added +1.5k +1,534
10 PERCEPTIVE ADVISORS LLC 0.01% of their portfolio NEW YORK, NY 55,22755.2k $262.9k $262.9k 0.01% Reduced -222.4k -222,383
11 BlackRock, Inc. 0.00% of their portfolio New York, NY 21,35621.4k $101.7k $101.7k 0.00% Unchanged
12 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 17,40017.4k $82.8k $82.8k 0.00% New
13 XTX Topco Ltd 0.00% of their portfolio LONDON, X0 12,99013.0k $61.8k $61.8k 0.00% New
14 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 10,39910.4k $49.5k $49.5k 0.00% Unchanged
15 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 1,1431.1k $5.4k $5.4k 0.00% Added +922 +922
16 Covestor Ltd 0.00% of their portfolio LONDON, X0 1,1381.1k $5.0k $5.0k 0.00% Reduced -2 -2
17 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 972972 $4.6k $4.6k 0.00% Unchanged
18 MAI Capital Management 0.00% of their portfolio INDEPENDENCE, OH 300300 $1.4k $1.4k 0.00% Unchanged
19 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 237237 $1.1k $1.1k 0.00% Added +177 +177
20 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 120120 $571 $571 0.00% Unchanged
21 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 100100 $476 $476 0.00% New
22 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 9898 $466 $466 0.00% Added +49 +49
23 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 9898 $466 $466 0.00% Unchanged
24 UBS Group AG 0.00% of their portfolio ZURICH, V8 3434 $162 $162 0.00% Reduced -3.4k -3,380
25 Legacy Investment Solutions, LLC 0.00% of their portfolio BOISE, ID 2525 $119 $119 0.00% First filing
26 Legacy Wealth Managment, LLC/ID 0.00% of their portfolio BOISE, ID 2525 $119 $119 0.00% Unchanged
27 SBI Securities Co., Ltd. 0.00% of their portfolio TOKYO, M0 88 $38 $38 0.00% Unchanged
28 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 77 $33 $33 0.00% New
29 CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio BIRMINGHAM, AL 00 $0 $0 — Unchanged