Vault-13

WEREWOLF THERAPEUTICS INC HOWL

COM · Common Stock · CUSIP 95075A107

45 institutional holders -3 vs Q1 2026
10,864,46610.9m shares reported held*
22.4% of all shares outstanding*
$3.9mreported value*
9 new 9 added 9 reduced 12 sold out net sold ≈ $1.1m (-3.1m 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: 48.6m as of 2026-07-27, 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 ≈ $0.36. Options: 1 managers hold calls ($27.0k notional), 2 hold puts ($6.0k).

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

0255075Q3 22: 45Q4 22: 40Q1 23: 39Q2 23: 37Q3 23: 36Q4 23: 42Q1 24: 62Q2 24: 72Q3 24: 70Q4 24: 74Q1 25: 71Q2 25: 66Q3 25: 62Q4 25: 51Q1 26: 48Q2 26: 4545Q3 22Q3 23Q3 24Q3 25Q2 26
Numbers
QuarterHolders
Q3 202245
Q4 202240
Q1 202339
Q2 202337
Q3 202336
Q4 202342
Q1 202462
Q2 202472
Q3 202470
Q4 202474
Q1 202571
Q2 202566
Q3 202562
Q4 202551
Q1 202648
Q2 202645

Buyers vs sellers

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

Bought or addedCut or sold out
50050Q3 24: 37 bought or addedQ3 24: 27 cut or sold outQ4 24: 40 bought or addedQ4 24: 22 cut or sold outQ4 24Q1 25: 30 bought or addedQ1 25: 27 cut or sold outQ2 25: 31 bought or addedQ2 25: 41 cut or sold outQ2 25Q3 25: 18 bought or addedQ3 25: 31 cut or sold outQ4 25: 20 bought or addedQ4 25: 33 cut or sold outQ4 25Q1 26: 16 bought or addedQ1 26: 24 cut or sold outQ2 26: 18 bought or addedQ2 26: 21 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 20243727
Q4 20244022
Q1 20253027
Q2 20253141
Q3 20251831
Q4 20252033
Q1 20261624
Q2 20261821

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$10k$20k$30kQ3 25 calls: $394Q3 25 puts: $1.6kQ3 25P/C 4.00Q4 25 calls: $0Q4 25 puts: $0Q4 25P/C —Q1 26 calls: $0Q1 26 puts: $0Q1 26P/C —Q2 26 calls: $27.0kQ2 26 puts: $6.0kQ2 26P/C 0.22
Numbers
QuarterCallsPutsP/C
Q3 2025$394$1.6k4.00
Q4 2025$0$0—
Q1 2026$0$0—
Q2 2026$27.0k$6.0k0.22

Biggest buyers

Balyasny Asset Management L.P. New +1,790,089+1.8m
Verdad Advisers, LP Added +318,949+318.9k
XTX Topco Ltd Added +220,549+220.5k
JANE STREET GROUP, LLC Added +169,001+169.0k
RENAISSANCE TECHNOLOGIES LLC Added +158,414+158.4k
UBS Group AG Added +148,981+149.0k
Squarepoint Ops LLC New +103,242+103.2k
Rangeley Capital, LLC New +100,000+100.0k
BANK OF AMERICA CORP /DE/ Added +46,919+46.9k
Virtu Financial LLC New +45,467+45.5k

Biggest sellers

RA CAPITAL MANAGEMENT, L.P. Reduced -4,293,563-4.3m
MPM BIOIMPACT LLC Reduced -1,128,668-1.1m
Squadron Capital Management LLC Sold out -563,535-563.5k
BRIDGEWAY CAPITAL MANAGEMENT, LLC Sold out -77,000-77.0k
MILLENNIUM MANAGEMENT LLC Reduced -69,995-70.0k
GEODE CAPITAL MANAGEMENT, LLC Reduced -53,672-53.7k
SIMPLEX TRADING, LLC Reduced -32,271-32.3k
RAYMOND JAMES FINANCIAL INC Sold out -19,778-19.8k
GOLDMAN SACHS GROUP INC Reduced -18,243-18.2k
HRT FINANCIAL LP Sold out -17,861-17.9k

Biggest calls

CITADEL ADVISORS LLC New $27.0k75.0k shares

Biggest puts

CITADEL ADVISORS LLC New $5.6k15.5k shares
SIMPLEX TRADING, LLC New $3951.1k 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.

HolderStakeChangeShares Last filed
MOLL PETER 13G · exempt (held before listing) new · filed 2026-09-21 5.2% new 2.5m≈ $913.1k 2026-09-21

Fell to 5% or below in the last year: RA CAPITAL MANAGEMENT, L.P. (4.1%, 2026-07-02), MPM BioVentures 2014, L.P. (3.8%, 2026-05-12), Longwood Fund III, L.P. (3.5%, 2026-02-11)

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)

BuyingSelling
101Q4 24: 0 buyingQ4 24: 0 sellingQ1 25: 0 buyingQ1 25: 1 sellingQ1 25Q2 25: 1 buyingQ2 25: 0 sellingQ3 25: 0 buyingQ3 25: 0 sellingQ3 25Q4 25: 0 buyingQ4 25: 1 sellingQ1 26: 0 buyingQ1 26: 1 sellingQ1 26Q2 26: 0 buyingQ2 26: 1 sellingQ3 26: 0 buyingQ3 26: 1 sellingQ3 26
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
Q4 20240—0——
Q1 20250—1$2.5k—
Q2 20251$487.2k0——
Q3 20250—0——
Q4 20250—1$1.9m$1.9m
Q1 20260—1$193.8k$193.8k
Q2 20260—1$1.1m$1.1m
Q3 20260—1$44.7k$44.7k
DateInsiderTradeSharesPrice ValueTheir holding
2026-07-07 EVNIN LUKE Director · See Footnotes Sold plan 107,429 $0.31 $33.3k107.4k shares -100%
2026-07-06 EVNIN LUKE Director · See Footnotes Sold plan 35,770 $0.32 $11.4k35.8k shares -25%
2026-06-29 EVNIN LUKE Director · See Footnotes Sold plan 157,084 $0.30 $47.1k157.1k shares -52%
2026-06-17 RA Capital Healthcare Fund LP +3 10% owner · See footnotes Sold 416,911 $0.35 $145.9k416.9k shares -58%
2026-06-16 RA Capital Healthcare Fund LP +3 10% owner · See footnotes Sold 149,625 $0.37 $55.4k149.6k shares -31%
2026-06-15 RA Capital Healthcare Fund LP +3 10% owner · See footnotes Sold 128,770 $0.39 $50.2k128.8k shares -27%
2026-06-12 RA Capital Healthcare Fund LP +3 10% owner · See footnotes Sold 170,441 $0.40 $68.2k170.4k shares -33%
2026-06-11 RA Capital Healthcare Fund LP +3 10% owner · See footnotes Sold 262,503 $0.38 $99.8k262.5k shares -42%
2026-06-10 RA Capital Healthcare Fund LP +3 10% owner · See footnotes Sold 45,923 $0.37 $17.0k45.9k shares -11%
2026-06-09 RA Capital Healthcare Fund LP +3 10% owner · See footnotes Sold 369,800 $0.37 $136.8k369.8k shares -49%
2026-06-09 EVNIN LUKE Director · See Footnotes Sold plan 76,928 $0.37 $28.5k76.9k shares -20%
2026-06-08 EVNIN LUKE Director · See Footnotes Sold plan 60,547 $0.40 $24.2k60.5k shares -14%
2026-06-05 EVNIN LUKE Director · See Footnotes Sold plan 24,946 $0.40 $10.0k24.9k shares -5%
2026-06-04 EVNIN LUKE Director · See Footnotes Sold plan 20,072 $0.44 $8.8k20.1k shares -4%
2026-06-03 EVNIN LUKE Director · See Footnotes Sold plan 29,749 $0.42 $12.5k29.7k shares -6%
2026-06-02 EVNIN LUKE Director · See Footnotes Sold plan 29,595 $0.45 $13.3k29.6k shares -6%
2026-06-01 EVNIN LUKE Director · See Footnotes Sold plan 80,459 $0.47 $37.8k80.5k shares -13%
2026-05-29 EVNIN LUKE Director · See Footnotes Sold plan 32,556 $0.45 $14.7k32.6k shares -5%
2026-05-28 EVNIN LUKE Director · See Footnotes Sold plan 27,698 $0.46 $12.7k27.7k shares -4%
2026-05-27 EVNIN LUKE Director · See Footnotes Sold plan 80,852 $0.48 $38.8k80.9k shares -11%
2026-05-26 EVNIN LUKE Director · See Footnotes Sold plan 67,950 $0.47 $31.9k68.0k shares -8%
2026-05-22 EVNIN LUKE Director · See Footnotes Sold plan 87,425 $0.45 $39.3k87.4k shares -10%
2026-05-21 EVNIN LUKE Director · See Footnotes Sold plan 36,387 $0.42 $15.3k36.4k shares -4%
2026-05-20 EVNIN LUKE Director · See Footnotes Sold plan 85,895 $0.43 $36.9k85.9k shares -8%
2026-05-19 EVNIN LUKE Director · See Footnotes Sold plan 62,970 $0.45 $28.3k63.0k shares -6%
2026-05-18 EVNIN LUKE Director · See Footnotes Sold plan 22,184 $0.50 $11.1k22.2k shares -2%
2026-05-13 EVNIN LUKE Director · See Footnotes Sold plan 44,679 $0.54 $24.1k44.7k shares -4%
2026-05-12 RA Capital Healthcare Fund LP +3 10% owner · See footnotes Sold 101,151 $0.64 $64.7k101.2k shares -20%
2026-05-12 EVNIN LUKE Director · See Footnotes Sold plan 67,885 $0.64 $43.4k67.9k shares -6%
2026-05-11 RA Capital Healthcare Fund LP +3 10% owner · See footnotes Sold 87,490 $0.67 $58.6k87.5k shares -18%

The latest 30 of 42 trades.

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

#ManagerLocationShares Value% of their portfolioChangeShares change
1 RA CAPITAL MANAGEMENT, L.P. 0.01% of their portfolio BOSTON, MA 2,387,7442.4m $859.3k $859.3k 0.01% Reduced -4.3m -4,293,563
2 Balyasny Asset Management L.P. 0.00% of their portfolio Chicago, IL 1,790,0891.8m $644.3k $644.3k 0.00% New
3 VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio MALVERN, PA 1,217,9761.2m $438.5k $438.5k 0.00% Unchanged
4 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 674,632674.6k $242.8k $242.8k 0.00% Added +158.4k +158,414
5 Lynx1 Capital Management LP 0.03% of their portfolio DORADO, PR 657,786657.8k $236.7k $236.7k 0.03% Unchanged
6 SPHERA FUNDS MANAGEMENT LTD. 0.03% of their portfolio TEL AVIV, L3 626,810626.8k $225.6k $225.6k 0.03% Unchanged
7 DC Funds, LP 16.92% of their portfolio MCLEAN, VA 589,102589.1k $212.0k $212.0k 16.92% Unchanged
8 Verdad Advisers, LP 0.12% of their portfolio BOSTON, MA 348,709348.7k $125.5k $125.5k 0.12% Added +318.9k +318,949
9 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 335,815335.8k $120.9k $120.9k 0.00% Reduced -53.7k -53,672
10 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 311,502311.5k $111.8k $111.8k 0.00% Added +46.9k +46,919
11 XTX Topco Ltd 0.00% of their portfolio LONDON, X0 271,478271.5k $97.7k $97.7k 0.00% Added +220.5k +220,549
12 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 251,837251.8k $90.6k $90.6k 0.00% Added +169.0k +169,001
13 UBS Group AG 0.00% of their portfolio ZURICH, V8 215,838215.8k $77.7k $77.7k 0.00% Added +149.0k +148,981
14 VANGUARD FIDUCIARY TRUST CO 0.00% of their portfolio MALVERN, PA 157,726157.7k $56.8k $56.8k 0.00% Unchanged
15 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 119,168119.2k $42.9k $42.9k 0.00% Unchanged
16 Squarepoint Ops LLC 0.00% of their portfolio NEW YORK, NY 103,242103.2k $37.2k $37.2k 0.00% New
17 BlackRock, Inc. 0.00% of their portfolio New York, NY 101,573101.6k $36.6k $36.6k 0.00% Reduced -35 -35
18 Rangeley Capital, LLC 0.03% of their portfolio NEW CANAAN, CT 100,000100.0k $36.0k $36.0k 0.03% New
19 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 86,85186.9k $31.3k $31.3k 0.00% Unchanged
20 Alyeska Investment Group, L.P. 0.00% of their portfolio CHICAGO, IL 86,55486.6k $31.2k $31.2k 0.00% Unchanged
21 MPM BIOIMPACT LLC 0.00% of their portfolio BOSTON, MA 80,14280.1k $28.9k $28.9k 0.00% Reduced -1.1m -1,128,668
22 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 62,05562.1k $22.3k $22.3k 0.00% Reduced -70.0k -69,995
23 Virtu Financial LLC 0.00% of their portfolio New York, NY 45,46745.5k $16.0k $16.0k 0.00% New
24 TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio NEW YORK, NY 27,30027.3k $9.8k $9.8k 0.00% New
25 GSA CAPITAL PARTNERS LLP 0.00% of their portfolio LONDON, X0 27,14627.1k $10.0k $10.0k 0.00% New
26 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 20,02320.0k $7.2k $7.2k 0.00% Reduced -18.2k -18,243
27 StoneX Group Inc. 0.00% of their portfolio NEW YORK, NY 20,00020.0k $9.0k $9.0k 0.00% New
28 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 19,10819.1k $6.9k $6.9k 0.00% Reduced -14.7k -14,691
29 CERTUITY, LLC 0.00% of their portfolio NORTH PALM BEACH, FL 15,00015.0k $5.4k $5.4k 0.00% Unchanged
30 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 13,23513.2k $4.8k $4.8k 0.00% Unchanged
31 HBK Sorce Advisory LLC 0.00% of their portfolio ERIE, PA 13,22713.2k $5.3k $5.3k 0.00% Unchanged
32 Larson Financial Group LLC 0.00% of their portfolio ST LOUIS, MO 13,05213.1k $4.7k $4.7k 0.00% Unchanged
33 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 11,79111.8k $4.2k $4.2k 0.00% Added +1.8k +1,791
34 Ranch Capital Advisors Inc. 0.00% of their portfolio SARASOTA, FL 11,00011.0k $4.0k $4.0k 0.00% Reduced -1.0k -1,000
35 Marest Capital, LLC 0.00% of their portfolio Encino, CA 10,87010.9k $3.9k $3.9k 0.00% New
36 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 10,20010.2k $3.7k $3.7k 0.00% Unchanged
37 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 9,8979.9k $3.6k $3.6k 0.00% New
38 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 8,6258.6k $3.1k $3.1k 0.00% Unchanged
39 Financial Perspectives, Inc 0.00% of their portfolio MINNEAPOLIS, MN 6,7506.8k $2.4k $2.4k 0.00% Unchanged
40 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 2,1082.1k $650 $650 0.00% Added +12 +12
41 GROUP ONE TRADING LLC 0.00% of their portfolio CHICAGO, IL 1,8711.9k $673 $673 0.00% Unchanged
42 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 790790 $284 $284 0.00% Unchanged
43 SIMPLEX TRADING, LLC 0.00% of their portfolio CHICAGO, IL 255255 $91 $91 0.00% Reduced -32.3k -32,271
44 SBI Securities Co., Ltd. 0.00% of their portfolio TOKYO, M0 100100 $36 $36 0.00% Added +20 +20
45 Optiver Holding B.V. 0.00% of their portfolio AMSTERDAM, P7 2222 $8 $8 0.00% Unchanged