SPERO THERAPEUTICS INC SPRO
COM · Common Stock · CUSIP 84833T103
Company in Cambridge, United States
- SectorHealth care
- IndustryPharmaceutical Preparations
- HeadquartersCambridge, MA
- Websitesperotherapeutics.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. Holder counts are more reliable. Shares outstanding: 58.2m as of 2026-08-07, 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 ≈ $2.21. Options: 4 managers hold calls ($259.9k notional), 5 hold puts ($453.5k).
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 70 |
| Q4 2022 | 61 |
| Q1 2023 | 49 |
| Q2 2023 | 57 |
| Q3 2023 | 55 |
| Q4 2023 | 51 |
| Q1 2024 | 55 |
| Q2 2024 | 49 |
| Q3 2024 | 47 |
| Q4 2024 | 51 |
| Q1 2025 | 39 |
| Q2 2025 | 45 |
| Q3 2025 | 47 |
| Q4 2025 | 56 |
| Q1 2026 | 50 |
| Q2 2026 | 61 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2024 | 10 | 19 |
| Q4 2024 | 21 | 17 |
| Q1 2025 | 9 | 23 |
| Q2 2025 | 25 | 19 |
| Q3 2025 | 26 | 17 |
| Q4 2025 | 29 | 18 |
| Q1 2026 | 18 | 23 |
| Q2 2026 | 39 | 18 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $195.4k | $354.7k | 1.82 |
| Q4 2025 | $263.3k | $305.7k | 1.16 |
| Q1 2026 | $194.2k | $350.3k | 1.80 |
| Q2 2026 | $259.9k | $453.5k | 1.74 |
Biggest buyers
| RAYMOND JAMES FINANCIAL INC | New | +521.7k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | +426.2k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | New | +333.0k |
| GOLDMAN SACHS GROUP INC | New | +257.0k |
| DIMENSIONAL FUND ADVISORS LP | Added | +245.1k |
| VANGUARD CAPITAL MANAGEMENT LLC | Added | +236.3k |
| BlackRock, Inc. | Added | +161.2k |
| UBS Group AG | Added | +136.7k |
| Federation des caisses Desjardins du Quebec | New | +91.9k |
| JANE STREET GROUP, LLC | Added | +51.8k |
Biggest sellers
| Anson Funds Management LP | Sold out | -843.9k |
| TWO SIGMA INVESTMENTS, LP | Reduced | -502.8k |
| CITADEL ADVISORS LLC | Sold out | -376.5k |
| RENAISSANCE TECHNOLOGIES LLC | Reduced | -241.3k |
| Squarepoint Ops LLC | Sold out | -194.3k |
| MARSHALL WACE, LLP | Sold out | -157.1k |
| Ionic Capital Management LLC | Reduced | -93.2k |
| Quadrature Capital Ltd | Sold out | -40.1k |
| OMERS ADMINISTRATION Corp | Sold out | -39.4k |
| Schonfeld Strategic Advisors LLC | Sold out | -20.3k |
Biggest calls
| JANE STREET GROUP, LLC | Added | $104.1k47.1k shares |
| GROUP ONE TRADING LLC | Added | $86.0k38.9k shares |
| SIMPLEX TRADING, LLC | Added | $39.6k17.9k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | New | $30.3k13.7k shares |
Biggest puts
| CITADEL ADVISORS LLC | Added | $145.0k65.6k shares |
| SIMPLEX TRADING, LLC | Added | $123.3k55.8k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $76.5k34.6k shares |
| JANE STREET GROUP, LLC | Reduced | $59.2k26.8k shares |
| GROUP ONE TRADING LLC | Added | $49.5k22.4k 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 |
|---|---|
| GSK plc 13D · may seek influence filed 2025-03-28 | 16.4% |
Insider purchases and sales since 1 Apr 2026
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 2024 | 0 | — | 1 | $53.0k | — |
| Q1 2025 | 0 | — | 4 | $235.4k | — |
| Q2 2025 | 0 | — | 0 | — | — |
| Q3 2025 | 0 | — | 2 | $16.3k | — |
| Q4 2025 | 0 | — | 1 | $95.4k | — |
| Q1 2026 | 0 | — | 2 | $393.2k | — |
| Q2 2026 | 0 | — | 1 | $63.4k | — |
| Q3 2026 | 0 | — | 0 | — | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2026-05-04 | Rajavelu Esther Officer | Sold | $63.4k25.2k 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, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| GSK plc 3.37% of their portfolio | 9.2m $20.3m | Unchanged |
| Pfizer Inc 3.13% of their portfolio | 2.4m $5.3m | Unchanged |
| VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 2.0m $4.5m | Added +236.3k |
| RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio | 947.9k $2.1m | Reduced -241.3k |
| Alphabet Inc. 0.00% of their portfolio | 890.0k $2.0m | Unchanged |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 759.3k $1.7m | Added +426.2k |
| BlackRock, Inc. 0.00% of their portfolio | 594.4k $1.3m | Added +161.2k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 566.3k $1.3m | Added +46.4k |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 521.7k $1.2m | New |
| TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio | 382.8k $846.0k | Reduced -502.8k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio | 333.0k $735.9k | New |
| VANGUARD FIDUCIARY TRUST CO 0.00% of their portfolio | 287.6k $635.7k | Added +23.5k |
| GSA CAPITAL PARTNERS LLP 0.04% of their portfolio | 285.9k $632.0k | Added +7.6k |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 274.8k $607.6k | Added +245.1k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 257.0k $567.9k | New |
| STATE STREET CORP 0.00% of their portfolio | 214.8k $474.6k | Unchanged |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 158.1k $349.4k | Added +51.8k |
| UBS Group AG 0.00% of their portfolio | 139.7k $308.7k | Added +136.7k |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 114.8k $253.7k | Unchanged |
| NORTHERN TRUST CORP 0.00% of their portfolio | 108.3k $239.3k | Reduced -12.7k |
| Point72 Asset Management, L.P. 0.00% of their portfolio | 104.4k $230.7k | Added +44.7k |
| Ionic Capital Management LLC 0.21% of their portfolio | 102.7k $227.0k | Reduced -93.2k |
| Federation des caisses Desjardins du Quebec 0.00% of their portfolio | 91.9k $202.2k | New |
| Shay Capital LLC 0.02% of their portfolio | 72.4k $160.0k | Added +2.0k |
| Invesco Ltd. 0.00% of their portfolio | 64.2k $142.0k | Added +18.9k |
| SIMPLEX TRADING, LLC 0.00% of their portfolio | 61.3k $135.5k | Added +31.0k |
| Verdad Advisers, LP 0.11% of their portfolio | 51.3k $113.5k | Added +17.9k |
| XTX Topco Ltd 0.00% of their portfolio | 50.5k $111.7k | New |
| Assenagon Asset Management S.A. 0.00% of their portfolio | 37.3k $82.4k | Added +18.6k |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 36.8k $81.4k | New |
| Capital Asset Advisory Services LLC 0.00% of their portfolio | 32.5k $71.9k | Unchanged |
| AXXCESS WEALTH MANAGEMENT, LLC 0.00% of their portfolio | 32.5k $71.9k | New |
| DLK Investment Management, LLC 0.02% of their portfolio | 31.4k $40.8k | New |
| Three Seasons Wealth, LLC 0.01% of their portfolio | 30.0k $66.3k | Unchanged |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 28.6k $63.1k | Unchanged |
| Vanguard Global Advisers, LLC 0.00% of their portfolio | 25.4k $56.2k | Unchanged |
| Global Retirement Partners, LLC 0.00% of their portfolio | 25.0k $55.2k | First filing |
| OPPENHEIMER & CO INC 0.00% of their portfolio | 22.9k $50.5k | New |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 19.3k $42.6k | New |
| Susquehanna Portfolio Strategies, LLC 0.00% of their portfolio | 17.6k $39.0k | New |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC 0.00% of their portfolio | 16.1k $35.6k | New |
| Qube Research & Technologies Ltd 0.00% of their portfolio | 13.6k $30.2k | New |
| SG Americas Securities, LLC 0.00% of their portfolio | 11.3k $25.0k | New |
| GROUP ONE TRADING LLC 0.00% of their portfolio | 10.9k $24.0k | New |
| TWO SIGMA SECURITIES, LLC 0.00% of their portfolio | 10.6k $23.4k | New |
| PRUDENTIAL FINANCIAL INC 0.00% of their portfolio | 10.4k $23.0k | New |
| CITIGROUP INC 0.00% of their portfolio | 9.6k $21.3k | Reduced -9.5k |
| FNY Investment Advisers, LLC 0.01% of their portfolio | 8.3k $18.0k | Added +3.0k |
| JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio | 7.7k $17.4k | Unchanged |
| Integrated Wealth Concepts LLC 0.00% of their portfolio | 6.0k $13.3k | New |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 2.0k $4.0k | New |
| MORGAN STANLEY 0.00% of their portfolio | 914 $2.0k | Reduced -3.6k |
| FMR LLC 0.00% of their portfolio | 300 $663 | New |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 290 $640 | Unchanged |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 236 $533 | Unchanged |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 200 $442 | Unchanged |
| Rialto Wealth Management, LLC 0.00% of their portfolio | 172 $381 | New |
| US BANCORP \DE\ 0.00% of their portfolio | 151 $334 | Unchanged |
| SBI Securities Co., Ltd. 0.00% of their portfolio | 13 $29 | Added +4 |
| Farther Finance Advisors, LLC 0.00% of their portfolio | 10 $22 | Unchanged |
| INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC 0.00% of their portfolio | 0 $0 | New |