Vault-13

SURROZEN INC SRZN

COM NEW · Common Stock · CUSIP 86889P208

54 institutional holders +19 vs Q3 2025
7,274,9137.3m shares reported held*
84.9% of all shares outstanding*
$156.3mreported value*
23 new 16 added 2 reduced 7 sold out net bought ≈ $31.1m (+1.4m 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. Shares outstanding: 8.6m as of 2025-11-05, 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 ≈ $21.48.

Trends to Q4 2025

Institutional holders

Managers reporting a position, each quarter

0204060Q4 23: 17Q1 24: 16Q2 24: 21Q3 24: 23Q4 24: 24Q1 25: 30Q2 25: 31Q3 25: 35Q4 25: 5454Q4 23Q2 24Q4 24Q2 25Q4 25
Numbers
QuarterHolders
Q4 202317
Q1 202416
Q2 202421
Q3 202423
Q4 202424
Q1 202530
Q2 202531
Q3 202535
Q4 202554

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q1 24: 6 bought or addedQ1 24: 4 cut or sold outQ2 24: 12 bought or addedQ2 24: 6 cut or sold outQ2 24Q3 24: 8 bought or addedQ3 24: 7 cut or sold outQ4 24: 8 bought or addedQ4 24: 9 cut or sold outQ4 24Q1 25: 17 bought or addedQ1 25: 3 cut or sold outQ2 25: 12 bought or addedQ2 25: 5 cut or sold outQ2 25Q3 25: 15 bought or addedQ3 25: 7 cut or sold outQ4 25: 39 bought or addedQ4 25: 9 cut or sold outQ4 25
Numbers
QuarterBought or addedCut or sold out
Q1 202464
Q2 2024126
Q3 202487
Q4 202489
Q1 2025173
Q2 2025125
Q3 2025157
Q4 2025399

Biggest buyers

MILLENNIUM MANAGEMENT LLC Added +611,497+611.5k
Boxer Capital Management, LLC New +416,150+416.1k
BRAIDWELL LP Added +330,000+330.0k
Woodline Partners LP Added +182,379+182.4k
SILVERARC CAPITAL MANAGEMENT, LLC New +157,323+157.3k
Balyasny Asset Management L.P. Added +119,757+119.8k
FRED ALGER MANAGEMENT, LLC New +99,560+99.6k
5AM Venture Management, LLC Added +77,500+77.5k
Ikarian Capital, LLC New +65,788+65.8k
AMERIPRISE FINANCIAL INC New +65,688+65.7k

Biggest sellers

RA CAPITAL MANAGEMENT, L.P. Sold out -602,626-602.6k
SAMSARA BIOCAPITAL, LLC Sold out -241,400-241.4k
Stonepine Capital Management, LLC Reduced -136,515-136.5k
STEMPOINT CAPITAL LP Reduced -93,697-93.7k
Board of Trustees of The Leland Stanford Junior University Sold out -52,130-52.1k
Trustees of Columbia University in the City of New York Sold out -47,930-47.9k
WOLVERINE ASSET MANAGEMENT LLC Sold out -281-281
BARCLAYS PLC Sold out -13-13
SBI Securities Co., Ltd. Sold out -2-2

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
COLUMN GROUP III GP, LP 13D · may seek influence -7.8 pts · filed 2026-10-22
Stated purposeThe information set forth in Item 4 of the Original Schedule 13D is incorporated herein by reference. Full filing
21.5% -7.8 pts 3.8m≈ $72.1m 2026-10-22
Boxer Capital Management, LLC 13G · institution +2.7 pts · filed 2026-10-07 11.6% +2.7 pts 1.4m≈ $35.3m 2026-10-07
Column Group IV GP, LP 13D · may seek influence new · filed 2026-02-12
Stated purposeThe information set forth in Item 3 of this Statement is incorporated herein by reference. The Reporting Persons hold the securities of the Issuer for general investment purposes. The Reporting Persons may, from time to time, depending on prevailing market, economic and other conditions, acquire additional shares of Common Stock or other securities of the Issuer, dispose of any such securities, or engage in discussions with the Issuer concerning such acquisitions or dispositions or further investments in the Issuer. The Reporting Persons intend to review their investment in the Issuer on a continuing basis and, depending upon the price and availability of shares of Common Stock or other securities of the Issuer, subsequent developments affecting the Issuer, the Issuer's business and prospe… Full filing
11.6% new 6.4m≈ $38.9m 2026-02-12
TCG Crossover GP II, LLC 13G · passive investor -2.8 pts · filed 2026-07-24 9.9% -2.8 pts 1.1m≈ $29.8m 2026-07-24
Venrock Healthcare Capital Partners III, L.P. 13G · passive investor no change · filed 2026-05-15 9.9% no change 1.2m≈ $31.3m 2026-05-15
AI Biotechnology LLC 13G · passive investor new · filed 2025-03-31 9.9% new 844.6k≈ $21.9m 2025-03-31
RA CAPITAL MANAGEMENT, L.P. 13G · passive investor -0.7 pts · filed 2026-02-17 9.2% -0.7 pts 871.7k≈ $22.6m 2026-02-17
INTEGRATED CORE STRATEGIES (US) LLC 13G · passive investor +1.9 pts · filed 2026-02-05 8.5% +1.9 pts 726.2k≈ $18.8m 2026-02-05
5AM Partners VII, LLC 13G · passive investor -1.7 pts · filed 2026-08-11 7.8% -1.7 pts 968.8k≈ $25.1m 2026-08-11
Commodore Capital LP 13G · passive investor new · filed 2026-10-01 7.5% new 885.0k≈ $23.0m 2026-10-01
Point72 Asset Management, L.P. 13G · passive investor new · filed 2026-04-23 5.4% new 616.0k≈ $16.0m 2026-04-23
STEMPOINT CAPITAL LP 13G · institution +0.5 pts · filed 2026-08-14 5.0% +0.5 pts 602.8k≈ $15.6m 2026-08-14

Fell to 5% or below in the last year: BRAIDWELL LP (3.9%, 2026-08-14), Nantahala Capital Management, LLC (2.1%, 2026-05-15), Stonepine Capital Management, LLC (3.6%, 2026-02-13)

Insider purchases and sales in Q4 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)

BuyingSelling
404Q1 24: 0 buyingQ1 24: 0 sellingQ2 24: 3 buyingQ2 24: 0 sellingQ2 24Q3 24: 0 buyingQ3 24: 0 sellingQ4 24: 0 buyingQ4 24: 0 sellingQ4 24Q1 25: 0 buyingQ1 25: 2 sellingQ2 25: 0 buyingQ2 25: 0 sellingQ2 25Q3 25: 0 buyingQ3 25: 0 sellingQ4 25: 1 buyingQ4 25: 0 sellingQ4 25
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
Q1 20240—0——
Q2 20243$3.0m0——
Q3 20240—0——
Q4 20240—0——
Q1 20250—2$35.2k—
Q2 20250—0——
Q3 20250—0——
Q4 20251$4.7m0——
DateInsiderTradeSharesPrice ValueTheir holding
2025-12-05 Kutzkey Tim Director · By The Column Group III-A, LP Bought 16,381 $19.54 $320.1k16.4k shares +2%
2025-12-05 COLUMN GROUP III-A, LP +5 10% owner · By The Column Group III-A, LP Bought 16,381 $19.54 $320.1k16.4k shares +2%
2025-12-05 COLUMN GROUP III-A, LP +5 10% owner · By The Column Group III, LP Bought 14,503 $19.54 $283.4k14.5k shares +2%
2025-12-05 Kutzkey Tim Director · By The Column Group III, LP Bought 14,503 $19.54 $283.4k14.5k shares +2%
2025-12-04 Kutzkey Tim Director · By The Column Group III-A, LP Bought 2,791 $17.35 $48.4k2.8k shares +<1%
2025-12-04 COLUMN GROUP III-A, LP +5 10% owner · By The Column Group III-A, LP Bought 2,791 $17.35 $48.4k2.8k shares +<1%
2025-12-04 Kutzkey Tim Director · By The Column Group III, LP Bought 2,475 $17.35 $42.9k2.5k shares +<1%
2025-12-04 COLUMN GROUP III-A, LP +5 10% owner · By The Column Group III, LP Bought 2,475 $17.35 $42.9k2.5k shares +<1%
2025-11-13 COLUMN GROUP III-A, LP +5 10% owner · By The Column Group III-A, LP Bought 167,307 $12.65 $2.1m167.3k shares +21%
2025-11-13 Kutzkey Tim Director · By The Column Group III-A, LP Bought 167,307 $12.65 $2.1m167.3k shares +21%
2025-11-13 COLUMN GROUP III-A, LP +5 10% owner · By The Column Group III, LP Bought 148,150 $12.65 $1.9m148.2k shares +21%
2025-11-13 Kutzkey Tim Director · By The Column Group III, LP Bought 148,150 $12.65 $1.9m148.2k shares +21%

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, Q4 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 721,266721.3k $16.3m $16.3m 0.01% Added +611.5k +611,497
2 Venrock Adviser, LLC 0.71% of their portfolio NEW YORK, NY 632,931632.9k $14.3m $14.3m 0.71% Unchanged
3 STEMPOINT CAPITAL LP 2.17% of their portfolio NEW YORK, NY 619,766619.8k $12.7m $12.7m 2.17% Reduced -93.7k -93,697
4 BRAIDWELL LP 0.34% of their portfolio STAMFORD, CT 470,000470.0k $10.6m $10.6m 0.34% Added +330.0k +330,000
5 Spruce Street Capital LP 3.23% of their portfolio NEW YORK, NY 432,040432.0k $9.8m $9.8m 3.23% First filing
6 Boxer Capital Management, LLC 2.06% of their portfolio San Diego, CA 416,150416.1k $9.4m $9.4m 2.06% New
7 5AM Venture Management, LLC 2.75% of their portfolio SAN FRANCISCO, CA 387,500387.5k $8.8m $8.8m 2.75% Added +77.5k +77,500
8 Kalehua Capital Management LLC 1.87% of their portfolio DALLAS, TX 385,178385.2k $1.9m $1.9m 1.87% First filing
9 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 319,236319.2k $7.2m $7.2m 0.00% Added +52.8k +52,818
10 REGENTS OF THE UNIVERSITY OF CALIFORNIA 0.12% of their portfolio OAKLAND, CA 266,414266.4k $6.0m $6.0m 0.12% Unchanged
11 Vivo Capital, LLC 0.38% of their portfolio Palo Alto, CA 260,000260.0k $5.9m $5.9m 0.38% Unchanged
12 Woodline Partners LP 0.02% of their portfolio San Francisco, CA 230,572230.6k $5.2m $5.2m 0.02% Added +182.4k +182,379
13 Nantahala Capital Management, LLC 0.31% of their portfolio NEW CANAAN, CT 229,527229.5k $5.2m $5.2m 0.31% Unchanged
14 Balyasny Asset Management L.P. 0.01% of their portfolio Chicago, IL 190,489190.5k $4.3m $4.3m 0.01% Added +119.8k +119,757
15 ACUTA CAPITAL PARTNERS, LLC 2.74% of their portfolio REDWOOD CITY, CA 178,415178.4k $4.0m $4.0m 2.74% Unchanged
16 SILVERARC CAPITAL MANAGEMENT, LLC 0.51% of their portfolio BOSTON, MA 157,323157.3k $3.6m $3.6m 0.51% New
17 Stonepine Capital Management, LLC 2.03% of their portfolio Bend, OR 113,631113.6k $2.6m $2.6m 2.03% Reduced -136.5k -136,515
18 Empery Asset Management, LP 2.07% of their portfolio NEW YORK, NY 103,974104.0k $2.3m $2.3m 2.07% First filing
19 FRED ALGER MANAGEMENT, LLC 0.01% of their portfolio NEW YORK, NY 99,56099.6k $2.3m $2.3m 0.01% New
20 Eversept Partners, LP 0.12% of their portfolio NEW YORK, NY 95,28695.3k $2.2m $2.2m 0.12% Added +18.3k +18,289
21 ADAGE CAPITAL PARTNERS GP, L.L.C. 0.00% of their portfolio Boston, MA 88,65388.7k $2.0m $2.0m 0.00% Unchanged
22 Euclidean Capital LLC 0.54% of their portfolio NEW YORK, NY 87,69687.7k $2.0m $2.0m 0.54% Unchanged
23 Schonfeld Strategic Advisors LLC 0.01% of their portfolio NEW YORK, NY 74,64574.6k $1.7m $1.7m 0.01% Added +5.6k +5,621
24 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 66,99567.0k $1.5m $1.5m 0.00% Added +12.5k +12,468
25 Ikarian Capital, LLC 0.19% of their portfolio DALLAS, TX 65,78865.8k $1.5m $1.5m 0.19% New
26 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 65,68865.7k $1.5m $1.5m 0.00% New
27 ArrowMark Colorado Holdings LLC 0.03% of their portfolio Denver, CO 55,12355.1k $1.2m $1.2m 0.03% Unchanged
28 683 Capital Management, LLC 0.08% of their portfolio NEW YORK, NY 41,99942.0k $949.2k $949.2k 0.08% New
29 Walleye Capital LLC 0.01% of their portfolio NEW YORK, NY 41,04141.0k $927.5k $927.5k 0.01% New
30 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 36,96137.0k $835.3k $835.3k 0.00% Added +2.2k +2,197
31 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 29,60829.6k $669.1k $669.1k 0.00% Added +29.6k +29,602
32 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 27,62227.6k $624.3k $624.3k 0.00% New
33 BlackRock, Inc. 0.00% of their portfolio New York, NY 26,11826.1k $590.3k $590.3k 0.00% Added +12.4k +12,375
34 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 25,82325.8k $583.6k $583.6k 0.00% New
35 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 24,32624.3k $549.8k $549.8k 0.00% Added +11.0k +11,000
36 LMR Partners LLP 0.01% of their portfolio LONDON, X0 23,55723.6k $532.4k $532.4k 0.01% New
37 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 22,62622.6k $511.3k $511.3k 0.00% Added +7.9k +7,900
38 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 21,71521.7k $491.0k $491.0k 0.00% Unchanged
39 Brevan Howard Capital Management LP 0.01% of their portfolio ST. HELIER, Y9 18,92118.9k $427.6k $427.6k 0.01% New
40 BOOTHBAY FUND MANAGEMENT, LLC 0.01% of their portfolio NEW YORK, NY 18,30718.3k $413.7k $413.7k 0.01% New
41 Quadrature Capital Ltd 0.00% of their portfolio LONDON, X0 14,80214.8k $334.5k $334.5k 0.00% New
42 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 14,74014.7k $333.1k $333.1k 0.00% Added +865 +865
43 OMERS ADMINISTRATION Corp 0.00% of their portfolio TORONTO, A6 13,70013.7k $309.6k $309.6k 0.00% New
44 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 13,53013.5k $305.8k $305.8k 0.00% New
45 IEQ CAPITAL, LLC 0.00% of their portfolio Foster City, CA 13,47113.5k $304.4k $304.4k 0.00% New
46 MARSHALL WACE, LLP 0.00% of their portfolio LONDON, X0 10,93910.9k $247.2k $247.2k 0.00% New
47 Alyeska Investment Group, L.P. 0.00% of their portfolio CHICAGO, IL 10,18810.2k $230.2k $230.2k 0.00% Unchanged
48 Persistent Asset Partners Ltd 0.05% of their portfolio HONG KONG, K3 4,3594.4k $98.5k $98.5k 0.05% New
49 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 2,5202.5k $57.0k $57.0k 0.00% New
50 ACADIAN ASSET MANAGEMENT LLC 0.00% of their portfolio Boston, MA 1,5081.5k $34.0k $34.0k 0.00% New
51 China Universal Asset Management Co., Ltd. 0.00% of their portfolio SHANGHAI, F4 1,5001.5k $33.9k $33.9k 0.00% Added +500 +500
52 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 1,0621.1k $24.0k $24.0k 0.00% New
53 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 6565 $1.0k $1.0k 0.00% New
54 UBS Group AG 0.00% of their portfolio ZURICH, V8 5959 $1.3k $1.3k 0.00% New