Stock Analysis
Data Source: SEC EDGAR 13F
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Tango Therapeutics Inc (TNGX)

242 + Investors. Track Smart Money conviction in TNGX. See who's accumulating, reducing, or initiating positions.

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Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +52
Streak
4Q ▲
Buyers last Q
68%

Smart Money Signals — TNGX

Based on 244 hedge funds · latest filing: 2026 Q2 · updated quarterly

📈

Buying streak — 4 quarters in a row

last 6Q
For 4 consecutive quarters, more hedge funds added TNGX than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
244 hedge funds hold TNGX right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
🚀

Fast accumulation — +110% more funds vs a year ago

fund count last 6Q
+128 new funds entered over the past year (+110% YoY). That's a rapid rush of institutional money. Fast accumulation often signals a major thesis — but it also means the stock could fall quickly if that thesis breaks.
🟢

More buyers than sellers — 68% buying

176 buying84 selling
Last quarter: 176 funds were net buyers (78 opened a brand new position + 98 added to an existing one). Only 84 were sellers (58 trimmed + 26 sold completely). A clear majority buying is a strong confirmation signal.
📈

More new buyers each quarter (+20 vs last Q)

new funds entering per quarter
Funds opening a new TNGX position: 38 → 53 → 58 → 78. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
📌

Mixed — 33% long-term, 43% new

33% conviction (2yr+) 24% medium 43% new
Of the 244 current holders: 81 (33%) held >2 years, 58 held 1–2 years, and 105 entered in the last year. A mixed base — the stock has long-term believers but also recent buyers who haven't been tested by a downturn yet.
💰

Value +63% but shares only +14% — price-driven

Value
+63%
Shares
+13%
Last quarter: the total dollar value of institutional holdings rose +63%, but actual share count only changed +14%. The gap is explained by the stock's price rising — not new buying. Strong value growth with weak share growth means the rally is price momentum, not fresh institutional demand.
📈

Growing discovery — still being found

22 → 38 → 53 → 58 → 78 new funds/Q
New funds entering each quarter: 38 → 53 → 58 → 78. A growing number of institutions are discovering TNGX each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Veteran-anchored — 43% veterans vs 43% newcomers

43% veterans 14% 1-2yr 43% new
Entry-cohort mix of 252 holders: 108 (43%) are 2+ year veterans, 35 entered 1–2 years ago, and 109 (43%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.

Strong quality — 33% AUM from major funds

33% from top-100 AUM funds
52 of 244 holders rank in the top 100 by AUM, accounting for 33% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
5.2
out of 10
Moderate Exit Risk
Exit risk score 5.2/10 — some crowding factors present, but no critical concentration. Watch ownership trend over the next 1–2 quarters for direction.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — TNGX

In 2026 Q2, 176 hedge funds were net buyers of TNGX (78 opened a new position, 98 added to an existing one), while 84 reduced or exited (58 trimmed, 26 sold completely) — a 68% buyer ratio, indicating clear institutional accumulation. This marks 4 consecutive quarters of net institutional buying — a persistent conviction signal. 33% of total institutional value in TNGX is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: +52 funds (more new holders than closures). Total institutional holders: 244.

Hedge Fund Ownership: TNGX

How many hedge funds hold TNGX — quarterly history vs. share price
Quarterly hedge fund ownership of TNGX vs. share price

Market Analysis: TNGX

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: TNGX

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Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Loading signal freshness…
Smart Money Signal ?
Growing Institutional Interest

Quality funds are building positions — conviction is rising but not yet widespread.

15 top-rated funds 19 high-conviction
Consensus
5.2
/ 10
breadth
×
Elite
6.2
/ 10
conviction
Hedge Fund Positioning: TNGX
242 + Investors

Track Smart Money conviction in TNGX. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 242 192 26.04%
13F Shares 202M 180M 12.02%
Total Value $5.98B $3.73B 60.52%
New Positions 78 58 +20
Increased Positions 97 63 +34
Closed Positions 28 34 -6
Reduced Positions 55 56 -1
Total Calls 5 2 150.0%
Total Puts 3 3 -
PUT/CALL Ratio 0.6 1.5 Bullish

Statistics: TNGX

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Institutional Holders (2026 Q2)

242 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in TNGX. Verified SEC 13F-HR filings.

QUARTER:
Top 25 TNGX holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Trv GP IV, LLC 47.37% 6,374,574 $120.2M
2 Boxer Capital Management, LLC 25.61% 10,876,219 $340.0M
3 Seven Fleet Capital Management LP 15.79% 3,228,144 $95.7M
4 Acuta Capital Partners, LLC 8.52% 390,949 $12.2M
5 TCG Crossover Management, LLC 6.82% 9,081,201 $283.9M
6 Stempoint Capital LP 6.59% 1,223,019 $38.2M
7 Dv Equities, LLC 5.91% 1,318,551 $41.2M
8 KVP Capital Advisors, LP 5.28% 230,264 $7.2M
9 Monashee Investment Management LLC 5.25% 100,000 $3.1M
10 Commodore Capital LP 4.19% 2,250,000 $70.3M
11 Vivo Capital, LLC 3.94% 1,379,769 $43.1M
12 Siren, L.L.C. 3.91% 6,179,364 $193.2M
13 Logos Global Management LP 3.84% 2,850,000 $89.1M
14 Paradigm Biocapital Advisors LP 3.72% 6,357,523 $198.7M
15 Rtw Investments, LP 3.71% 13,900,620 $434.5M
16 Caligan Partners LP 3.68% 2,500,103 $78.2M
17 Boone Capital Management LLC 3.33% 455,605 $14.2M
18 Mass General Brigham, Inc 3.07% 354,192 $11.1M
19 Trv GP VI, LLC 2.61% 194,174 $6.1M
20 Cormorant Asset Management, LP 2.08% 1,300,000 $40.6M
21 Deep Track Capital, LP 1.91% 4,200,000 $131.3M
22 HighVista Strategies LLC 1.85% 260,070 $8.1M
23 Atle Fund Management AB 1.67% 198,557 $6.2M
24 Perceptive Advisors LLC 1.58% 3,377,000 $105.6M
25 Deerfield Management Company, L.P. 1.37% 4,190,611 $131.0M
Investor Ownership
History
% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Tango Therapeutics Inc (TNGX)

What does the Smart Money Trend signal show for TNGX?

Buying streak — 4 quarters in a row: For 4 consecutive quarters, more hedge funds added TNGX than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for TNGX?

More buyers than sellers — 68% buying: Last quarter: 176 funds were net buyers (78 opened a brand new position + 98 added to an existing one). Only 84 were sellers (58 trimmed + 26 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for TNGX holders?

Strong quality — 33% AUM from major funds: 52 of 244 holders rank in the top 100 by AUM, accounting for 33% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held TNGX?

Mixed — 33% long-term, 43% new: Of the 244 current holders: 81 (33%) held >2 years, 58 held 1–2 years, and 105 entered in the last year. A mixed base — the stock has long-term believers but also recent buyers who haven't been tested by a downturn yet.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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