CeriBell, Inc.

CBLL • XNAS

CeriBell, Inc. is a electromedical & electrotherapeutic apparatus company on XNAS, led by Xingjuan (Jane) Chao, with a market cap of $776.4M. As of Q3 2025, 71% of shares are held by 98 institutional investors, with FMR LLC as the largest holder at 12.22%.

CEOXingjuan (Jane) Chao

Market Cap$776.4M

ELECTROMEDICAL & ELECTROTHERAPEUTIC APPARATUS

Websiteceribell.com

Overview

Overview of institutional ownership in CBLL as of Q3 2025 with a market cap of $421.3M

All Institutions

Institutions: 98
Value Held: $297.5M
Shares Held: 25.9M
Avg Position: $3.0M
Median Position: $186.1K

Hedge Funds

Hedge Funds: 16
Value Held: $30.2M
Shares Held: 2.6M
Avg Position: $1.9M
Median Position: $327.6K

Ownership Breakdown

Institutional (non-HF)

63.46%

$267.3M

Hedge Funds

7.17%

$30.2M

Retail & Other

29.37%

$123.7M

Based on market cap of $421.3M as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in CBLL as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
FMR LLC Institution	-	$51.5M 0.00% of portfolio	12.22% 4.5M shares	Q4 2024 Held for 11 months	$1.92T
T TPG GP A, LLC Institution	-	$45.6M 2.48% of portfolio	10.82% 4.0M shares	Q4 2024 Held for 11 months	$1.8B
R Red Tree Management, LLC Institution	-	$25.3M 30.57% of portfolio	6.02% 2.2M shares	Q4 2024 Held for 11 months	$82.9M
B BlackRock, Inc. Institution	-	$19.4M 0.00% of portfolio	4.61% 1.7M shares	Q4 2024 Held for 11 months	$5.67T
VANGUARD GROUP INC Institution	Salim Ramji CEO	$16.9M 0.00% of portfolio	4.02% 1.5M shares	Q4 2024 Held for 11 months	$6.69T
Y Yu Fan Institution	-	$15.5M 20.23% of portfolio	3.69% 1.4M shares	Q4 2024 Held for 11 months	$76.9M
A ABG-WTT Global Life Science Capital Partners GP Ltd Institution	-	$12.5M 66.94% of portfolio	2.97% 1.1M shares	Q4 2024 Held for 11 months	$18.7M
TimesSquare Capital Management, LLC Long Only Manager	Grant Richard Babyak CEO	$9.4M 0.13% of portfolio	2.23% 817.6K shares	Q1 2025 Held for 8 months	$7.0B
FEDERATED INVESTORS INC /PA/ Long Only Manager	Gregory Philip Dulski Chairman	$9.0M 0.02% of portfolio	2.15% 786.8K shares	Q4 2024 Held for 11 months	$56.6B
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	Dan Michael Berkovitz Chairman	$7.7M 0.01% of portfolio	1.82% 666.4K shares	Q4 2024 Held for 11 months	$121.98B

Net Capital Flow

Institutional buying and selling activity for CBLL in Q3 2025

Traded: −$11.9M
Buyers: 56
Sellers: 38
Total Bought: +$27.0M
Total Sold: −$38.9M
Avg Position: $2.6M

Biggest Buyers

Institution	Net Bought	Current Position
CenterBook Partners LP Hedge Fund•Market Neutral	+$4.5M +389.6K shares	$5.5M 476.6K shares
Soleus Capital Management, L.P. Hedge Fund•Long/Short	+$3.6M +310.0K shares	$4.1M 360.0K shares
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	+$2.3M +196.3K shares	$7.7M 666.4K shares
B BlackRock, Inc. Institution	+$1.9M +168.8K shares	$19.4M 1.7M shares
VANGUARD GROUP INC Institution	+$1.7M +147.0K shares	$16.9M 1.5M shares
GEODE CAPITAL MANAGEMENT LLC ETF Provider	+$1.5M +134.0K shares	$6.7M 581.9K shares
TWO SIGMA INVESTMENTS LLC Hedge Fund•Multi-Strategy	+$1.5M +133.3K shares	$3.4M 298.0K shares
UBS Group AG Institution	+$1.2M +107.5K shares	$3.0M 256.9K shares
TWO SIGMA ADVISERS, LLC Hedge Fund•Multi-Strategy	+$1.0M +89.1K shares	$2.4M 212.4K shares
B BNP PARIBAS ARBITRAGE, SA Institution	+$774.3K +67.4K shares	$2.4M 211.2K shares

Biggest Sellers

Institution	Net Sold	Current Position
N Novo A/S Institution	−$16.9M −900.0K shares	Sold Off 0 shares
LORD, ABBETT & CO. LLC Long Only Manager	−$5.5M −295.8K shares	Sold Off 0 shares
FMR LLC Institution	−$4.1M −357.4K shares	$51.5M 4.5M shares
NEXT CENTURY GROWTH INVESTORS LLC Long Only Manager	−$3.7M −199.1K shares	Sold Off 0 shares
RTW INVESTMENTS, LLC Hedge Fund•Sector	−$2.8M −150.0K shares	Sold Off 0 shares
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	−$1.4M −76.2K shares	Sold Off 0 shares
J Jump Financial, LLC Institution	−$660.4K −57.5K shares	$245.1K 21.3K shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	−$559.2K −29.9K shares	Sold Off 0 shares
F FRED ALGER MANAGEMENT INC Long Only Manager	−$539.3K −28.8K shares	Sold Off 0 shares
S Squarepoint Ops LLC Hedge Fund•Quant	−$499.6K −43.5K shares	$146.9K 12.8K shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited CBLL in Q3 2025

New Positions: 19
New Value: $2.0M
Exited Positions: 15
Exited Value: $32.4M

New Positions

Institution	Position Value
Trexquant Investment LP Hedge Fund•Quant	$377.5K 32.9K shares
Quantinno Capital Management LP Hedge Fund•Market Neutral	$277.6K 24.2K shares
Gryphon Financial Partners LLC RIA/Wealth	$230.5K 20.1K shares
Eversept Partners, LLC Hedge Fund•Long/Short	$196.4K 17.1K shares
J JANE STREET GROUP, LLC Institution	$194.1K 16.9K shares
LOS ANGELES CAPITAL MANAGEMENT & EQUITY RESEARCH INC Long Only Manager	$173.0K 15.1K shares
X XTX Topco Ltd Institution	$170.7K 14.9K shares
GSA CAPITAL PARTNERS LLP Hedge Fund•Quant	$157.7K 13.7K shares
S SHERBROOKE PARK ADVISERS LLC Hedge Fund•Quant	$135.4K 11.8K shares
Z Zurcher Kantonalbank Institution	$33.0K 2.9K shares

Exited Positions

Institution	Previous Position
N Novo A/S Institution	$16.9M 900.0K shares
LORD, ABBETT & CO. LLC Long Only Manager	$5.5M 295.8K shares
NEXT CENTURY GROWTH INVESTORS LLC Long Only Manager	$3.7M 199.1K shares
RTW INVESTMENTS, LLC Hedge Fund•Sector	$2.8M 150.0K shares
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$1.4M 76.2K shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$559.2K 29.9K shares
F FRED ALGER MANAGEMENT INC Long Only Manager	$539.3K 28.8K shares
Verition Fund Management LLC Hedge Fund•Multi-Strategy	$398.6K 21.3K shares
Q Quadrature Capital Ltd Institution	$317.5K 17.0K shares
UBS GLOBAL ASSET MANAGEMENT AMERICAS INC Long Only Manager	$217.4K 11.6K shares

Options Activity

Institutions with the largest Call and Put options positions in CBLL as of Q3 2025

Call Positions: 0
Call Value: -
Put Positions: 0
Put Value: -

Call Positions

Institution	Position Value
No call positions found

Put Positions

Institution	Position Value
No put positions found

Most Committed Institutions

Institutions with CBLL as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
A ABG-WTT Global Life Science Capital Partners GP Ltd Institution	-	66.94% $12.5M	2.97% 1.1M shares	Q4 2024 Held for 11 months	$18.7M
R Red Tree Management, LLC Institution	-	30.57% $25.3M	6.02% 2.2M shares	Q4 2024 Held for 11 months	$82.9M
Y Yu Fan Institution	-	20.23% $15.5M	3.69% 1.4M shares	Q4 2024 Held for 11 months	$76.9M
T TPG GP A, LLC Institution	-	2.48% $45.6M	10.82% 4.0M shares	Q4 2024 Held for 11 months	$1.8B
R Redmile Group, LLC Hedge Fund•Sector	Amrit Nmn Nagpal Managing Partner	0.49% $5.0M	1.19% 435.2K shares	Q4 2024 Held for 11 months	$1.0B
CenterBook Partners LP Hedge Fund•Market Neutral	David Israel Stemerman CEO	0.27% $5.5M	1.30% 476.6K shares	Q1 2025 Held for 8 months	$2.0B
Soleus Capital Management, L.P. Hedge Fund•Long/Short	Guy Bezalel Levy CIO	0.23% $4.1M	0.98% 360.0K shares	Q2 2025 Held for 5 months	$1.8B
TimesSquare Capital Management, LLC Long Only Manager	Grant Richard Babyak CEO	0.13% $9.4M	2.23% 817.6K shares	Q1 2025 Held for 8 months	$7.0B
P PEREGRINE CAPITAL MANAGEMENT LLC Long Only Manager	Stephen Gerard Simon CCO	0.13% $4.2M	1.00% 367.9K shares	Q2 2025 Held for 5 months	$3.3B
EMERALD MUTUAL FUND ADVISERS TRUST Long Only Manager	Stacey Lynn Sears President	0.09% $1.8M	0.42% 155.4K shares	Q4 2024 Held for 11 months	$1.9B

Hedge Fund Spotlight

Discover hedge funds investing in CBLL

CenterBook Partners LP

Hedge Fund • Market Neutral

Portfolio ManagerDavid Israel Stemerman

Portfolio Value: $2.0B
Positions: 545
Last Reported: Q3 2025

Sector Allocation

Position in CeriBell, Inc.

Market Value: $5.5M
Shares Held: 476.6K
Portfolio Weight: 0.27%
Owned Since: 2025-Q1

Top Holding	Sector	Market Value	Weight
1 Amazon AMZN	Specialty Retail Consumer Cyclical	$40.2M	1.99%
2 Meta Platforms, Inc. META	Internet Content & Information Communication Services	$35.3M	1.74%
3 Visa V	Financial - Credit Services Financial Services	$34.0M	1.68%