Vault-13

LIMINATUS PHARMA INC.

CL A · CUSIP 53271X108

15 institutional holders +3 vs Q4 2025
1,475,4381.5m shares reported held*
$253.8kreported value*
4 new 5 added 3 reduced 2 sold out net bought ≈ $199.1k (+1.2m 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 ≈ $0.17.

Trends to Q1 2026

Institutional holders

Managers reporting a position, each quarter

051015Q2 25: 10Q3 25: 10Q4 25: 12Q1 26: 1515Q2 25Q3 25Q4 25Q1 26
Numbers
QuarterHolders
Q2 202510
Q3 202510
Q4 202512
Q1 202615

Buyers vs sellers

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

Bought or addedCut or sold out
10010Q3 25: 6 bought or addedQ3 25: 4 cut or sold outQ3 25Q4 25: 6 bought or addedQ4 25: 4 cut or sold outQ4 25Q1 26: 9 bought or addedQ1 26: 5 cut or sold outQ1 26
Numbers
QuarterBought or addedCut or sold out
Q3 202564
Q4 202564
Q1 202695

Biggest buyers

CITADEL ADVISORS LLC Added +606,588+606.6k
Cygnus Capital Advisors, LLC New +350,000+350.0k
JANE STREET GROUP, LLC New +71,318+71.3k
GEODE CAPITAL MANAGEMENT, LLC Added +52,732+52.7k
UBS Group AG Added +35,183+35.2k
Vanguard Personalized Indexing Management, LLC New +34,706+34.7k
Virtu Financial LLC New +27,468+27.5k
TWO SIGMA SECURITIES, LLC Added +10,164+10.2k
CITIGROUP INC Added +6,768+6.8k

Biggest sellers

TWO SIGMA INVESTMENTS, LP Sold out -35,284-35.3k
Tower Research Capital LLC (TRC) Reduced -1,336-1.3k
BANK OF AMERICA CORP /DE/ Sold out -44-44
Farther Finance Advisors, LLC Reduced -17-17
BlackRock, Inc. Reduced -1-1

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
Iris Acquisition Holdings LLC 13D · may seek influence new · filed 2025-05-08
Stated purposeTo the extent required by Item 4, the information set forth in Item 3 and Item 6 of this Schedule 13D is incorporated herein by reference. The Reporting Person does not have any present plan or proposal that would relate to or result in any of the matters set forth in subparagraphs (a) - (j) of Item 4 of Schedule 13D except as set forth herein or such as would occur upon or in connection with completion of, or following, any of the actions discussed herein. The Reporting Person acquired the shares of common stock reported herein as beneficially owned by the Reporting Person solely for investment purposes and in connection with the business combination described herein. The Reporting Person intends to review their investment in the Issuer on a continuing basis. Depending on various facto… Full filing
26.5% new 6.9m≈ $761.8k 2025-05-08
KH Feelux Co., Ltd 13G · passive investor new · filed 2025-06-27 15.4% new 4.0m≈ $441.6k 2025-06-27
Valetudo Therapeutics LLC 13D · may seek influence -9.4 pts · filed 2026-07-14
Stated purposeThe information set forth in Item 3 above is incorporated into this Item 4 by reference. The Reporting Persons may acquire additional securities of the Issuer, or retain or sell all or a portion of the securities then held, in the open market or in privately negotiated transactions. Chris Kim serves as Chief Executive Officer and a director of the Issuer, and, in such capacity, may have influence over the corporate activities of the Issuer, including activities which may relate to items described in subparagraphs (a) through (j) of Item 4 of Schedule 13D. Except as described in this Statement, each of the Reporting Person does not have any present plans or proposals that relate to or would result in any of the actions described in subparagraphs (a) through (j) of Item 4 of Schedule 13D, ex… Full filing
14.3% -9.4 pts 9.6m≈ $1.1m 2026-07-14
Ewon Comfortech Co., Ltd. 13G · passive investor +5.1 pts · filed 2026-07-06 10.9% +5.1 pts 5.5m≈ $607.2k 2026-07-06
Nongae Apple Association 1st 13G · passive investor new · filed 2025-06-26 5.7% new 1.5m≈ $162.3k 2025-06-26
Red Peony Association 1st 13G · passive investor new · filed 2025-06-26 5.7% new 1.5m≈ $162.3k 2025-06-26
Samda Biolab Co., Ltd. 13G · passive investor new · filed 2026-07-22 5.1% new 3.4m≈ $378.3k 2026-07-22

Fell to 5% or below in the last year: INTRACOASTAL CAPITAL, LLC (5.0%, 2026-02-20)

Holders, Q1 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 677,518677.5k $116.5k $116.5k 0.00% Added +606.6k +606,588
2 Cygnus Capital Advisors, LLC 0.04% of their portfolio ATLANTA, GA 350,000350.0k $60.0k $60.0k 0.04% New
3 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 117,783117.8k $20.2k $20.2k 0.00% Added +52.7k +52,732
4 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 71,31871.3k $12.3k $12.3k 0.00% New
5 UBS Group AG 0.00% of their portfolio ZURICH, V8 54,57854.6k $9.4k $9.4k 0.00% Added +35.2k +35,183
6 VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio MALVERN, PA 50,44050.4k $8.7k $8.7k 0.00% First filing
7 Vanguard Personalized Indexing Management, LLC 0.00% of their portfolio OAKLAND, CA 34,70634.7k $6.0k $6.0k 0.00% New
8 Virtu Financial LLC 0.00% of their portfolio New York, NY 27,46827.5k $5.0k $5.0k 0.00% New
9 VANGUARD FIDUCIARY TRUST CO 0.00% of their portfolio MALVERN, PA 22,98423.0k $4.0k $4.0k 0.00% First filing
10 TWO SIGMA SECURITIES, LLC 0.00% of their portfolio NEW YORK, NY 22,03922.0k $3.8k $3.8k 0.00% Added +10.2k +10,164
11 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 19,00019.0k $3.3k $3.3k 0.00% Unchanged
12 BlackRock, Inc. 0.00% of their portfolio New York, NY 13,25413.3k $2.3k $2.3k 0.00% Reduced -1 -1
13 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 7,5677.6k $1.3k $1.3k 0.00% Reduced -1.3k -1,336
14 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 6,7696.8k $1.2k $1.2k 0.00% Added +6.8k +6,768
15 Farther Finance Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 1414 $2 $2 0.00% Reduced -17 -17