CADL
Candel Therapeutics, Inc. · Healthcare · Biotechnology
Momentum inputs (comparable managers):
holder breadth +10.0% ·
share flow +4.5% ·
net new positions +9.1%
— formula
Broad accumulation — rising shares across more holders
All ownership figures: tracked 13F managers only, common-stock positions, reporting period Q2 2025
| Quarter | Holders | Δ | Shares | Reported value | New | Exits |
|---|---|---|---|---|---|---|
| Q2 2026 | 64 | +11 | 29.28M | $301.40M | +14 | −3 |
| Q1 2026 | 56 | +7 | 21.92M | $107.44M | +12 | −5 |
| Q4 2025 | 49 | -3 | 17.41M | $98.31M | — | −3 |
| Q3 2025 | 14 | 0 | 15.17M | $77.37M | +2 | −2 |
| Q2 2025 | 11 | +1 | 14.70M | $74.37M | +3 | −2 |
| Q1 2025 | 7 | +2 | 1.74M | $9.82M | +2 | — |
| Q4 2024 | 5 | 0 | 1.36M | $11.81M | — | — |
| Q3 2024 | 4 | +1 | 482.85K | $3.35M | +2 | −1 |
| Q2 2024 | 3 | — | 435.83K | $2.70M | — | — |
| # | Manager | Shares | Δ shares | Value | Their weight | Held | ||
|---|---|---|---|---|---|---|---|---|
| 1 | Fidelity (FMR) ✦ | 8.23M | — | $41.66M | 0.0% | n/c | 1 | SEC ↗ |
| 2 | Fidelity (FMR) ✦ | 8.23M | — | $41.66M | 0.0% | n/c | 1 | SEC ↗ |
| 3 | Fidelity (FMR) ✦ | 8.23M | — | $41.66M | 0.0% | n/c | 1 | SEC ↗ |
| 4 | BlackRock ✦ (passive) | 2.30M | — | $11.65M | 0.0% | n/c | 1 | SEC ↗ |
| 5 | BlackRock ✦ (passive) | 2.30M | — | $11.65M | 0.0% | n/c | 1 | SEC ↗ |
| 6 | BlackRock ✦ (passive) | 2.30M | — | $11.65M | 0.0% | n/c | 1 | SEC ↗ |
| 7 | BlackRock ✦ (passive) | 2.30M | — | $11.65M | 0.0% | n/c | 1 | SEC ↗ |
| 8 | BlackRock ✦ (passive) | 2.30M | — | $11.65M | 0.0% | n/c | 1 | SEC ↗ |
| 9 | BlackRock ✦ (passive) | 2.30M | — | $11.65M | 0.0% | n/c | 1 | SEC ↗ |
| 10 | The Vanguard Group ✦ (passive) | 1.79M | — | $9.04M | 0.0% | n/c | 1 | SEC ↗ |
| 11 | The Vanguard Group ✦ (passive) | 1.79M | — | $9.04M | 0.0% | n/c | 1 | SEC ↗ |
| 12 | The Vanguard Group ✦ (passive) | 1.79M | — | $9.04M | 0.0% | n/c | 1 | SEC ↗ |
| 13 | Geode Capital Management ✦ (passive) | 903.97K | +31.5% | $4.57M | 0.0% | ▲ Add | 5 | SEC ↗ |
| 14 | Geode Capital Management ✦ (passive) | 903.97K | +31.5% | $4.57M | 0.0% | ▲ Add | 5 | SEC ↗ |
| 15 | State Street Global Advisors ✦ (passive) | 651.98K | +15.7% | $3.30M | 0.0% | ▲ Add | 3 | SEC ↗ |
| 16 | Two Sigma Investments ✦ | 369.19K | New | $1.87M | 0.0% | New | 1 | SEC ↗ |
| 17 | Renaissance Technologies ✦ | 163.60K | New | $827,816 | 0.0% | New | 1 | SEC ↗ |
| 18 | Marshall Wace ✦ | 161.48K | -31.2% | $817,088 | 0.0% | ▼ Trim | 2 | SEC ↗ |
| 19 | Marshall Wace ✦ | 161.48K | -31.2% | $817,088 | 0.0% | ▼ Trim | 2 | SEC ↗ |
| 20 | Wellington Management ✦ | 86.25K | New | $436,410 | 0.0% | New | 1 | SEC ↗ |
| 21 | Wellington Management ✦ | 86.25K | New | $436,410 | 0.0% | New | 1 | SEC ↗ |
| 22 | Wellington Management ✦ | 86.25K | New | $436,410 | 0.0% | New | 1 | SEC ↗ |
| 23 | T. Rowe Price ✦ | 19.64K | +60.0% | $100,000 | 0.0% | ▲ Add | 2 | SEC ↗ |
| 24 | AQR Capital Management ✦ | 19.26K | -8.4% | $97,461 | 0.0% | ▼ Trim | 4 | SEC ↗ |
| 25 | AQR Capital Management ✦ | 19.26K | -8.4% | $97,461 | 0.0% | ▼ Trim | 4 | SEC ↗ |
| 26 | AQR Capital Management ✦ | 19.26K | -8.4% | $97,461 | 0.0% | ▼ Trim | 4 | SEC ↗ |
“Their weight” = the position's share of that manager's reported 13F equity value — the conviction measure. ✦ = curated manager.
New buyers
| Two Sigma Investments | $1.87M | 0.0% |
| Renaissance Technologies | $827,816 | 0.0% |
| Wellington Management | $436,410 | 0.0% |
| Wellington Management | $436,410 | 0.0% |
| Wellington Management | $436,410 | 0.0% |
Exited
| Millennium Management | $1.18M | was 0.0% |
| Citadel Advisors | $54,443 | was 0.0% |
Full-market context: across ALL 13F filers (SEC structured data, Q1 2026): 113 holders, 43.40M shares, $212.35M reported. This is a different, older period than the tracked-universe figures above and the two are never mixed.
What else this security's tracked holders most often hold — shared-ownership counts, not fundamental relationships.
Open-market purchases (P)
No open-market insider purchases in our coverage window.
Open-market sales (S)
Officer · 7.00K sh · $84,000
Awards, exercises and tax withholding are never counted as buys or sales here. Methodology