TRML β€” TOURMALINE BIO INC

Ownership history in Qiming U.S. Ventures Management, LLC  Β·  8 quarters on record

AI Ownership Summary

Qiming U.S. Ventures Management, LLC reported TOURMALINE BIO INC (TRML) in 8 quarterly 13F filings from 2023 Q4 through 2025 Q3. Peak portfolio weight reached 63.76% in 2025 Q3. The latest visible filing shows TRML at 63.76% of the fund.

This page tracks quarterly shares, estimated market value, portfolio weight, filing dates, and disclosure-aligned stock prices directly from SEC EDGAR 13F filings.

What this TRML ownership page tells you

This page is designed to answer the real investor question behind a 13F filing: how meaningful was Qiming U.S. Ventures Management, LLC's position in TOURMALINE BIO INC, and how did that conviction change over time? You can read the holding window, peak weight, latest reported size, disclosure timing, and quarter-by-quarter changes without piecing the story together from raw SEC rows.

Freshest filing
Latest Reported Filing
2025 Q3

TRML was reported at 63.76% of portfolio in the most recent visible filing.

High-water mark
Peak Conviction
63.76% in 2025 Q3

Peak weight helps separate a token disclosure from a real conviction holding the fund genuinely cared about.

Time in book
Holding Window
2023 Q4 to 2025 Q3

Longer holding windows often tell a very different story from short-lived tactical trades or one-quarter experiments.

Decision context
Why It Matters
Position size beats headlines

Knowing that a fund owned a stock is useful. Knowing whether it was a 0.20% placeholder or a true high-conviction position is where the signal actually starts.

How Qiming U.S. Ventures Management, LLC held TRML β€” position size vs. price
% of Fund (quarterly)
πŸ“‹ Quarterly Holdings History 8 quarters  β–Ύ
Quarter Action Shares Change Chg % % of Fund Mkt Value Filed Price (Filed)
2025 Q3 UNCHANGED 741,691 β€” 0% 63.76% $35.5M 2025-11-14 (Est.) β€”
2025 Q2 UNCHANGED 741,691 β€” 0% 50.22% $11.9M 2025-08-14 β€”
2025 Q1 UNCHANGED 741,691 β€” 0% 48.83% $11.3M 2025-05-15 β€”
2024 Q4 UNCHANGED 741,691 β€” 0% 29.41% $15.0M 2025-01-28 β€”
2024 Q3 UNCHANGED 741,691 β€” 0% 37.12% $19.1M 2024-11-07 β€”
2024 Q2 UNCHANGED 741,691 β€” 0% 18.13% $9.5M 2024-08-13 β€”
2024 Q1 ADDED 741,691 +100,000 +15.6% 18.94% $17.0M 2024-05-14 β€”
2023 Q4 INITIATED 641,691 β€” β€” 15.38% $16.8M 2024-02-14 β€”

FAQ About Qiming U.S. Ventures Management, LLC and TRML

These are the practical questions this page is built to answer before you even open the full history table.

How long has Qiming U.S. Ventures Management, LLC reported owning TRML?

Qiming U.S. Ventures Management, LLC reported TRML across 8 quarterly 13F filings, from 2023 Q4 through 2025 Q3.

What was the largest reported TRML position in Qiming U.S. Ventures Management, LLC's portfolio?

The largest reported portfolio weight for TRML was 63.76% in 2025 Q3.

What is the latest reported TRML position on this page?

The most recent filing on this page is 2025 Q3, when Qiming U.S. Ventures Management, LLC reported 741,691 shares, equal to 63.76% of portfolio, with an estimated market value of $35.5M.

What does the chart on this TRML ownership page compare?

The chart compares Qiming U.S. Ventures Management, LLC's quarterly TRML portfolio weight with the stock's indexed share price, so you can see whether the fund was building, trimming, or holding the position as price moved.

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