TELA BIO INC TELA
COM · Common Stock · CUSIP 872381108
- SectorHealth care
- IndustrySurgical & Medical Instruments & Apparatus
- HeadquartersMalvern, PA
- 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: 44.9m as of 2026-08-05, 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 ≈ $0.75. Options: 0 managers hold calls (— notional), 1 hold puts ($900).
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 46 |
| Q4 2022 | 50 |
| Q1 2023 | 55 |
| Q2 2023 | 68 |
| Q3 2023 | 68 |
| Q4 2023 | 61 |
| Q1 2024 | 59 |
| Q2 2024 | 69 |
| Q3 2024 | 50 |
| Q4 2024 | 48 |
| Q1 2025 | 51 |
| Q2 2025 | 47 |
| Q3 2025 | 40 |
| Q4 2025 | 42 |
| Q1 2026 | 36 |
| Q2 2026 | 45 |
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 | 19 | 48 |
| Q4 2024 | 32 | 21 |
| Q1 2025 | 24 | 26 |
| Q2 2025 | 19 | 22 |
| Q3 2025 | 11 | 17 |
| Q4 2025 | 18 | 13 |
| Q1 2026 | 15 | 13 |
| Q2 2026 | 22 | 11 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $1.1m | $0 | 0.00 |
| Q4 2025 | $885.0k | $118 | 0.00 |
| Q1 2026 | $465.0k | $744 | 0.00 |
| Q2 2026 | $0 | $900 | — |
Biggest buyers
| Nantahala Capital Management, LLC | Added | +6.6m |
| WealthTrust Axiom LLC | Added | +80.8k |
| JANE STREET GROUP, LLC | New | +49.2k |
| Stonepine Capital Management, LLC | Added | +45.2k |
| VANGUARD CAPITAL MANAGEMENT LLC | Added | +27.6k |
| TD Waterhouse Canada Inc. | New | +23.0k |
| PRIMORIS WEALTH ADVISORS, LLC | New | +20.3k |
| RAYMOND JAMES FINANCIAL INC | Added | +18.0k |
| J.W. COLE ADVISORS, INC. | New | +16.2k |
| Atom Investors LP | New | +15.5k |
Biggest sellers
| UBS Group AG | Reduced | -1.0m |
| CITIGROUP INC | Reduced | -748.2k |
| SILVERARC CAPITAL MANAGEMENT, LLC | Reduced | -122.1k |
| NORTHERN TRUST CORP | Reduced | -99.6k |
| BlackRock, Inc. | Reduced | -91.3k |
| GEODE CAPITAL MANAGEMENT, LLC | Reduced | -65.8k |
| PERKINS CAPITAL MANAGEMENT INC | Reduced | -43.3k |
| Embree Financial Group | Reduced | -27.3k |
| ACADIAN ASSET MANAGEMENT LLC | Sold out | -20.8k |
| GREAT VALLEY ADVISOR GROUP, INC. | Reduced | -101 |
Biggest calls
| None |
Biggest puts
| SIMPLEX TRADING, LLC | Unchanged | $9001.2k 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 |
|---|---|
EW HEALTHCARE PARTNERS FUND 2, L.P.
13D · may seek influence
-0.1 pts · filed 2026-06-09
Stated purposeThe disclosure set forth in Item 6 below is hereby incorporated by reference in this Item 4. This Schedule 13D reports that, on June 9, 2026, an operating partner affiliated with the Reporting Persons was appointed to the Board of Directors of the Issuer. Except as described above, none of the Reporting Persons has any present plan or proposal which relates to, or could result in, any of the events referred to in paragraphs (a) through (j), inclusive, of Item 4 of Schedule 13D. Full filing |
17.2% |
| Nantahala Capital Management, LLC 13G · institution no change · filed 2026-08-14 | 12.9% |
| NORTH RUN CAPITAL, LP 13G · passive investor +4.3 pts · filed 2025-05-30 | 9.3% |
| Stonepine Capital Management, LLC 13G · institution filed 2025-02-13 | 6.0% |
| LYTTON LAURENCE W 13G · passive investor -1.7 pts · filed 2026-05-15 | 5.5% |
Fell to 5% or below in the last year: SILVERARC CAPITAL MANAGEMENT, LLC (4.8%, 2026-08-14)
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 | 4 | $410.0k | 0 | — | — |
| Q1 2025 | 0 | — | 0 | — | — |
| Q2 2025 | 0 | — | 0 | — | — |
| Q3 2025 | 0 | — | 0 | — | — |
| Q4 2025 | 0 | — | 0 | — | — |
| Q1 2026 | 0 | — | 0 | — | — |
| Q2 2026 | 0 | — | 0 | — | — |
| Q3 2026 | 2 | $186.2k | 0 | — | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2026-09-17 | Capper Joseph H Director | Bought | $30.5k25.0k shares |
| 2026-09-16 | Capper Joseph H Director | Bought | $58.5k50.0k shares |
| 2026-09-15 | Capper Joseph H Director | Bought | $53.0k50.0k shares |
| 2026-09-14 | Capper Joseph H Director | Bought | $25.5k25.0k shares |
| 2026-08-17 | Getz Heather C Chief Executive Officer, director | Bought | $8.2k12.5k shares |
| 2026-08-14 | Getz Heather C Chief Executive Officer, director | Bought | $10.5k15.0k 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 |
|---|---|---|
| Nantahala Capital Management, LLC 0.27% of their portfolio | 11.8m $8.8m | Added +6.6m |
| Essex Woodlands Management, Inc. 2.28% of their portfolio | 7.7m $5.8m | Unchanged |
| Stonepine Capital Management, LLC 1.52% of their portfolio | 2.7m $2.0m | Added +45.2k |
| SILVERARC CAPITAL MANAGEMENT, LLC 0.18% of their portfolio | 2.1m $1.6m | Reduced -122.1k |
| VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 1.6m $1.2m | Added +27.6k |
| DAFNA Capital Management LLC 0.21% of their portfolio | 1.4m $1.1m | Unchanged |
| PERKINS CAPITAL MANAGEMENT INC 0.78% of their portfolio | 1.4m $1.0m | Reduced -43.3k |
| Sio Capital Management, LLC 0.08% of their portfolio | 636.3k $477.2k | Unchanged |
| WealthTrust Axiom LLC 0.08% of their portfolio | 457.7k $343.3k | Added +80.8k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 389.2k $292.0k | Reduced -65.8k |
| BlackRock, Inc. 0.00% of their portfolio | 374.5k $280.9k | Reduced -91.3k |
| VANGUARD FIDUCIARY TRUST CO 0.00% of their portfolio | 213.1k $159.9k | Added +1.5k |
| UP STRATEGIC WEALTH INVESTMENT ADVISORS LLC 0.05% of their portfolio | 99.9k $91.4k | Unchanged |
| Embree Financial Group 0.01% of their portfolio | 90.9k $68.2k | Reduced -27.3k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 74.8k $56.1k | Reduced -99.6k |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 67.7k $50.8k | Added +18.0k |
| STATE STREET CORP 0.00% of their portfolio | 63.4k $47.5k | Unchanged |
| RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio | 58.1k $43.6k | Added +5.5k |
| PNC Financial Services Group, Inc. 0.00% of their portfolio | 53.6k $40.2k | Unchanged |
| Destiny Wealth Partners, LLC 0.01% of their portfolio | 52.5k $38.3k | Unchanged |
| Ducere Wealth Management LLC 0.01% of their portfolio | 51.0k $38.2k | Added +10.0k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 49.2k $36.9k | New |
| UBS Group AG 0.00% of their portfolio | 33.5k $25.1k | Reduced -1.0m |
| XTX Topco Ltd 0.00% of their portfolio | 29.6k $22.2k | Added +14.4k |
| TD Waterhouse Canada Inc. 0.00% of their portfolio | 23.0k $16.6k | New |
| PRIMORIS WEALTH ADVISORS, LLC 0.01% of their portfolio | 20.3k $15.2k | New |
| GREAT VALLEY ADVISOR GROUP, INC. 0.00% of their portfolio | 19.6k $14.7k | Reduced -101 |
| J.W. COLE ADVISORS, INC. 0.00% of their portfolio | 16.2k $12.2k | New |
| Atom Investors LP 0.00% of their portfolio | 15.5k $11.6k | New |
| MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio | 14.8k $11.1k | New |
| Tower Research Capital LLC (TRC) 0.00% of their portfolio | 13.6k $10.2k | Added +12.7k |
| HighTower Advisors, LLC 0.00% of their portfolio | 11.2k $8.4k | Unchanged |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 10.4k $7.8k | New |
| Vanguard Global Advisers, LLC 0.00% of their portfolio | 4.6k $3.5k | Unchanged |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 4.2k $3.1k | Unchanged |
| Steward Partners Investment Advisory, LLC 0.00% of their portfolio | 2.0k $1.5k | Unchanged |
| CITIGROUP INC 0.00% of their portfolio | 1.8k $1.3k | Reduced -748.2k |
| SIMPLEX TRADING, LLC 0.00% of their portfolio | 1.3k $957 | Added +1.1k |
| SBI Securities Co., Ltd. 0.00% of their portfolio | 301 $226 | Unchanged |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 210 $158 | Reduced -4 |
| BARCLAYS PLC 0.00% of their portfolio | 208 $156 | New |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 100 $75 | New |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 59 $0 | Added +1 |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 39 $28 | Unchanged |
| MORGAN STANLEY 0.00% of their portfolio | 37 $28 | New |