SURFACE ONCOLOGY INC SURF
COM · Common Stock · CUSIP 86877M209
62
institutional holders
-10 vs Q1 2023
19.5m
shares reported held*
$16.9mreported value*
12 new
7 added
14 reduced
23 sold out
net sold ≈ $6.7m (-7.7m 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 ≈ $0.87. Options: 3 managers hold calls ($45.8k notional), 3 hold puts ($17.4k).
Trends to Q2 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 79 |
| Q4 2022 | 80 |
| Q1 2023 | 72 |
| Q2 2023 | 62 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Bought or addedCut or sold out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 26 | 39 |
| Q1 2023 | 20 | 36 |
| Q2 2023 | 19 | 37 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
CallsPuts
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2022 | $165.0k | $12.0k | 0.07 |
| Q4 2022 | $107.7k | $10.1k | 0.09 |
| Q1 2023 | $2.1k | $1.6k | 0.74 |
| Q2 2023 | $45.8k | $17.4k | 0.38 |
Biggest buyers
| ARMISTICE CAPITAL, LLC | New | +4.9m |
| Yakira Capital Management, Inc. | New | +785.9k |
| GEODE CAPITAL MANAGEMENT, LLC | Added | +273.1k |
| Black Maple Capital Management LP | New | +266.7k |
| BOOTHBAY FUND MANAGEMENT, LLC | New | +45.0k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | New | +44.7k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | +37.9k |
| TWO SIGMA SECURITIES, LLC | New | +27.6k |
| Ground Swell Capital, LLC | New | +20.3k |
| EQUITEC PROPRIETARY MARKETS, LLC | New | +20.2k |
Biggest sellers
| ARK Investment Management LLC | Reduced | -4.1m |
| EcoR1 Capital, LLC | Sold out | -3.1m |
| TANG CAPITAL MANAGEMENT LLC | Sold out | -1.3m |
| CITIGROUP INC | Reduced | -1.0m |
| Sumitomo Mitsui Trust Group, Inc. | Sold out | -999.0k |
| Amova Asset Management Americas, Inc. | Sold out | -999.0k |
| GOLDMAN SACHS GROUP INC | Sold out | -633.6k |
| MILLENNIUM MANAGEMENT LLC | Sold out | -419.5k |
| FMR LLC | Reduced | -253.5k |
| GSA CAPITAL PARTNERS LLP | Sold out | -230.3k |
Biggest calls
| CSS LLC/IL | New | $44.5k51.2k shares |
| GROUP ONE TRADING LLC | New | $1.3k1.5k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| EQUITEC PROPRIETARY MARKETS, LLC | New | $17.4k20.0k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
| SIMPLEX TRADING, LLC | Reduced | $0500 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.
Holders, Q2 2023
| Manager | Shares | Change |
|---|---|---|
| ARMISTICE CAPITAL, LLC 0.11% of their portfolio | 4.9m $4.3m | New |
| Atlas Venture Associates IX, LLC 14.02% of their portfolio | 2.9m $2.6m | Unchanged |
| VANGUARD GROUP INC 0.00% of their portfolio | 2.3m $2.0m | Unchanged |
| ARK Investment Management LLC 0.01% of their portfolio | 1.4m $1.2m | Reduced -4.1m |
| DAFNA Capital Management LLC 0.26% of their portfolio | 1.1m $956.6k | Unchanged |
| ACADIAN ASSET MANAGEMENT LLC 0.00% of their portfolio | 868.6k $754.0k | Reduced -183.1k |
| Yakira Capital Management, Inc. 0.18% of their portfolio | 785.9k $683.4k | New |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 667.4k $580.4k | Added +273.1k |
| Laurion Capital Management LP 0.02% of their portfolio | 665.4k $578.6k | Unchanged |
| RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio | 567.4k $493.0k | Reduced -67.6k |
| BlackRock Inc. 0.00% of their portfolio | 520.9k $453.0k | Reduced -170.2k |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 376.8k $327.6k | Reduced -10.9k |
| MACQUARIE GROUP LTD 0.00% of their portfolio | 350.0k $304.0k | Unchanged |
| Black Maple Capital Management LP 0.27% of their portfolio | 266.7k $232.0k | New |
| FMR LLC 0.00% of their portfolio | 232.8k $202.5k | Reduced -253.5k |
| STATE STREET CORP 0.00% of their portfolio | 171.6k $149.2k | Unchanged |
| Knights of Columbus Asset Advisors LLC 0.01% of their portfolio | 157.8k $137.2k | Unchanged |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 132.5k $115.2k | Reduced -75.0k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 132.4k $115.1k | Unchanged |
| NORTHERN TRUST CORP 0.00% of their portfolio | 86.8k $75.5k | Unchanged |
| INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC 0.01% of their portfolio | 64.9k $56.4k | Added +6.5k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 57.4k $49.9k | Unchanged |
| Arete Wealth Advisors, LLC 0.00% of their portfolio | 54.5k $47.0k | Added +500 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 52.1k $45.3k | Added +37.9k |
| BOOTHBAY FUND MANAGEMENT, LLC 0.00% of their portfolio | 45.0k $39.1k | New |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 44.7k $38.9k | New |
| EAGLE ROCK INVESTMENT COMPANY, LLC 0.01% of their portfolio | 42.0k $40.2k | Unchanged |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 38.3k $33.3k | Reduced -1.1k |
| TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio | 38.3k $33.3k | Reduced -9.1k |
| CITIGROUP INC 0.00% of their portfolio | 37.7k $32.7k | Reduced -1.0m |
| MORGAN STANLEY 0.00% of their portfolio | 35.4k $30.8k | Reduced -9.2k |
| TWO SIGMA SECURITIES, LLC 0.00% of their portfolio | 27.6k $24.0k | New |
| KEYBANK NATIONAL ASSOCIATION/OH 0.00% of their portfolio | 26.5k $23.0k | Unchanged |
| TWO SIGMA ADVISERS, LP 0.00% of their portfolio | 25.9k $22.5k | Reduced -8.9k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 24.4k $21.0k | Added +1.6k |
| SIMPLEX TRADING, LLC 0.00% of their portfolio | 20.3k $17.0k | Reduced -7.1k |
| Ground Swell Capital, LLC 0.02% of their portfolio | 20.3k $17.7k | New |
| EQUITEC PROPRIETARY MARKETS, LLC 0.01% of their portfolio | 20.2k $17.6k | New |
| COMMERCE BANK 0.00% of their portfolio | 20.0k $17.4k | New |
| Private Advisor Group, LLC 0.00% of their portfolio | 17.3k $15.1k | Unchanged |
| Formidable Asset Management, LLC 0.00% of their portfolio | 15.2k $13.0k | Unchanged |
| COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio | 13.2k $11.0k | Unchanged |
| Virtu Financial LLC 0.00% of their portfolio | 12.2k $11.0k | New |
| RIA Advisory Group LLC 0.00% of their portfolio | 12.0k $10.4k | New |
| Platform Technology Partners 0.01% of their portfolio | 11.0k $10.9k | Unchanged |
| CSS LLC/IL 0.00% of their portfolio | 10.7k $9.3k | New |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 10.4k $9.1k | Unchanged |
| UBS Group AG 0.00% of their portfolio | 6.9k $6.0k | Reduced -8.9k |
| GROUP ONE TRADING LLC 0.00% of their portfolio | 6.8k $5.9k | Unchanged |
| Tower Research Capital LLC (TRC) 0.00% of their portfolio | 6.7k $5.9k | Added +6.6k |
| FEDERATED HERMES, INC. 0.00% of their portfolio | 2.6k $2.3k | Unchanged |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 1.4k $1.2k | Unchanged |
| Antonetti Capital Management LLC 0.00% of their portfolio | 1.2k $1.0k | Unchanged |
| Financial Management Professionals, Inc. 0.00% of their portfolio | 1.0k $1.0k | Unchanged |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 880 $765 | Added +16 |
| Larson Financial Group LLC 0.00% of their portfolio | 751 $653 | Unchanged |
| NFSG Corp 0.00% of their portfolio | 405 $352 | Unchanged |
| Cornerstone Planning Group LLC 0.00% of their portfolio | 250 $217 | First filing |
| AllSquare Wealth Management LLC 0.00% of their portfolio | 83 $68 | Unchanged |
| NewSquare Capital LLC 0.00% of their portfolio | 80 $70 | Unchanged |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 1 $1 | Unchanged |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio | 0 $0 | Unchanged |