CervoMed

CRVO • NASDAQ

CervoMed is a biotechnology company in the healthcare sector on NASDAQ, led by John Alam, M.D., with a market cap of $77.3M. As of Q3 2025, 24% of shares are held by 41 institutional investors, with AWM Investment Company, Inc. as the largest holder at 9.92%.

Chief Executive OfficerJohn Alam, M.D.

Market Cap$77.3M

Biotechnology

Healthcare

Employees8.0

Websitecervomed.com

Country

United States of America

Overview

Overview of institutional ownership in CRVO as of Q3 2025 with a market cap of $70.4M

All Institutions

Institutions: 41
Value Held: $17.2M
Shares Held: 2.1M
Avg Position: $420.6K
Median Position: $91.5K

Hedge Funds

Hedge Funds: 6
Value Held: $8.2M
Shares Held: 1.0M
Avg Position: $1.4M
Median Position: $192.6K

Ownership Breakdown

Institutional (non-HF)

12.91%

$9.1M

Hedge Funds

11.58%

$8.2M

Retail & Other

75.51%

$53.2M

Based on market cap of $70.4M as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in CRVO as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
A AWM Investment Company, Inc. Hedge Fund•Event Driven	Adam Charles Stettner President	$7.0M 0.66% of portfolio	9.92% 863.2K shares	Q2 2024 Held for 1y 5m	$1.1B
MORGAN STANLEY RIA/Wealth	Jed Finn CEO	$3.3M 0.00% of portfolio	4.76% 414.0K shares	Q4 2022 Held for 2y 11m	$1.65T
VANGUARD GROUP INC Institution	Salim Ramji CEO	$2.8M 0.00% of portfolio	3.95% 343.5K shares	Q4 2022 Held for 2y 11m	$6.69T
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	Dan Michael Berkovitz Chairman	$578.5K 0.00% of portfolio	0.82% 71.5K shares	Q3 2024 Held for 1y 2m	$121.98B
GEODE CAPITAL MANAGEMENT LLC ETF Provider	David Kenneth Lane CEO	$521.7K 0.00% of portfolio	0.74% 64.5K shares	Q4 2022 Held for 2y 11m	$1.57T
B BlackRock, Inc. Institution	-	$395.1K 0.00% of portfolio	0.56% 48.8K shares	Q4 2022 Held for 2y 11m	$5.67T
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	Kenneth Cordele Griffin CEO	$246.8K 0.00% of portfolio	0.35% 30.5K shares	Q3 2025 Held for 2 months	$122.08B
CITIZENS FINANCIAL GROUP INC/RI Institution	John F. Woods CEO	$246.6K 0.00% of portfolio	0.35% 30.5K shares	Q2 2024 Held for 1y 5m	$7.2B
Perigon Wealth Management, LLC RIA/Wealth	Arthur John Ambarik CEO	$232.4K 0.00% of portfolio	0.33% 28.7K shares	Q4 2024 Held for 11 months	$4.9B
Cetera Investment Advisers RIA/Wealth	Joseph Daniel Neary CEO	$222.0K 0.00% of portfolio	0.32% 27.4K shares	Q3 2025 Held for 2 months	$85.4B

Net Capital Flow

Institutional buying and selling activity for CRVO in Q3 2025

Traded: +$185.9K
Buyers: 23
Sellers: 24
Total Bought: +$1.8M
Total Sold: −$1.6M
Avg Position: $331.6K

Biggest Buyers

Institution	Net Bought	Current Position
MORGAN STANLEY RIA/Wealth	+$313.5K +38.7K shares	$3.3M 414.0K shares
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	+$246.8K +30.5K shares	$246.8K 30.5K shares
Cetera Investment Advisers RIA/Wealth	+$222.0K +27.4K shares	$222.0K 27.4K shares
Savvy Advisors, Inc. RIA/Wealth	+$209.7K +25.9K shares	$209.7K 25.9K shares
Hilton Capital Management, LLC Long Only Manager	+$140.1K +17.3K shares	$140.1K 17.3K shares
TWO SIGMA INVESTMENTS LLC Hedge Fund•Multi-Strategy	+$138.4K +17.1K shares	$138.4K 17.1K shares
R READYSTATE ASSET MANAGEMENT LP Hedge Fund•Multi-Strategy	+$117.6K +14.5K shares	$117.6K 14.5K shares
Perigon Wealth Management, LLC RIA/Wealth	+$92.4K +11.4K shares	$232.4K 28.7K shares
GSA CAPITAL PARTNERS LLP Hedge Fund•Quant	+$91.5K +11.3K shares	$91.5K 11.3K shares
GEODE CAPITAL MANAGEMENT LLC ETF Provider	+$82.6K +10.2K shares	$521.7K 64.5K shares

Biggest Sellers

Institution	Net Sold	Current Position
B BlackRock, Inc. Institution	−$446.7K −55.2K shares	$395.1K 48.8K shares
J JANE STREET GROUP, LLC Institution	−$414.4K −65.9K shares	Sold Off 0 shares
AQR CAPITAL MANAGEMENT LLC Hedge Fund•Multi-Strategy	−$143.3K −22.8K shares	Sold Off 0 shares
GOLDMAN SACHS GROUP INC Institution	−$133.2K −21.2K shares	Sold Off 0 shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	−$82.2K −13.1K shares	Sold Off 0 shares
Marshall Wace LLP Institution	−$75.6K −12.0K shares	Sold Off 0 shares
S Squarepoint Ops LLC Hedge Fund•Quant	−$72.6K −11.6K shares	Sold Off 0 shares
H HRT FINANCIAL LLC Institution	−$65.6K −10.4K shares	Sold Off 0 shares
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	−$37.0K −4.6K shares	$578.5K 71.5K shares
C Cornerstone Wealth Management, LLC RIA/Wealth	−$35.4K −4.4K shares	$109.0K 13.5K shares

Entry and Exit Activity

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

New Positions: 11
New Value: $922.3K
Exited Positions: 11
Exited Value: $993.7K

New Positions

Institution	Position Value
Cetera Investment Advisers RIA/Wealth	$222.0K 27.4K shares
Savvy Advisors, Inc. RIA/Wealth	$209.7K 25.9K shares
Hilton Capital Management, LLC Long Only Manager	$140.1K 17.3K shares
TWO SIGMA INVESTMENTS LLC Hedge Fund•Multi-Strategy	$138.4K 17.1K shares
R READYSTATE ASSET MANAGEMENT LP Hedge Fund•Multi-Strategy	$117.6K 14.5K shares
GSA CAPITAL PARTNERS LLP Hedge Fund•Quant	$91.5K 11.3K shares
TSFG, LLC RIA/Wealth	$2.4K 300.0 shares
SRS Capital Advisors, Inc. RIA/Wealth	$258.0 32.0 shares
GAMMA Investing LLC Long Only Manager	$243.0 30.0 shares
O Optiver Holding B.V. Institution	$81.0 10.0 shares

Exited Positions

Institution	Previous Position
J JANE STREET GROUP, LLC Institution	$414.4K 65.9K shares
AQR CAPITAL MANAGEMENT LLC Hedge Fund•Multi-Strategy	$143.3K 22.8K shares
GOLDMAN SACHS GROUP INC Institution	$133.2K 21.2K shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$82.2K 13.1K shares
Marshall Wace LLP Institution	$75.6K 12.0K shares
S Squarepoint Ops LLC Hedge Fund•Quant	$72.6K 11.6K shares
H HRT FINANCIAL LLC Institution	$65.6K 10.4K shares
Caitong International Asset Management Co., Ltd RIA/Wealth	$5.7K 906.0 shares
WELLS FARGO & COMPANY/MN Institution	$823.0 131.0 shares
E EverSource Wealth Advisors, LLC RIA/Wealth	$226.0 36.0 shares

Options Activity

Institutions with the largest Call and Put options positions in CRVO 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 CRVO as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
A AWM Investment Company, Inc. Hedge Fund•Event Driven	Adam Charles Stettner President	0.66% $7.0M	9.92% 863.2K shares	Q2 2024 Held for 1y 5m	$1.1B
T THOMPSON DAVIS & CO., INC. Institution	-	0.08% $136.3K	0.19% 16.9K shares	Q2 2025 Held for 5 months	$162.0M
R READYSTATE ASSET MANAGEMENT LP Hedge Fund•Multi-Strategy	David Barnett Grossman Managing Partner	0.01% $117.6K	0.17% 14.5K shares	Q3 2025 Held for 2 months	$1.0B
Hilton Capital Management, LLC Long Only Manager	Christopher Craig O'Neill CEO	0.01% $140.1K	0.20% 17.3K shares	Q3 2025 Held for 2 months	$1.2B
Savvy Advisors, Inc. RIA/Wealth	Ritik (Nmn) Malhotra CEO	0.01% $209.7K	0.30% 25.9K shares	Q3 2025 Held for 2 months	$2.2B
GSA CAPITAL PARTNERS LLP Hedge Fund•Quant	David Khabie-Zeitoune CEO	0.01% $91.5K	0.13% 11.3K shares	Q3 2025 Held for 2 months	$1.1B
C Cornerstone Wealth Management, LLC RIA/Wealth	Joseph Michael Keifer Managing Partner	0.01% $109.0K	0.15% 13.5K shares	Q4 2024 Held for 11 months	$1.8B
Perigon Wealth Management, LLC RIA/Wealth	Arthur John Ambarik CEO	0.00% $232.4K	0.33% 28.7K shares	Q4 2024 Held for 11 months	$4.9B
CITIZENS FINANCIAL GROUP INC/RI Institution	John F. Woods CEO	0.00% $246.6K	0.35% 30.5K shares	Q2 2024 Held for 1y 5m	$7.2B
HOEY INVESTMENTS, INC RIA/Wealth	Francis James Hoey CCO	0.00% $8.7K	0.01% 1.1K shares	Q3 2023 Held for 2y 2m	$739.2M

Hedge Fund Spotlight

Discover hedge funds investing in CRVO

TWO SIGMA INVESTMENTS LLC

Hedge Fund • Multi-Strategy

Portfolio ManagerScott David Hoffman

Portfolio Value: $62.0B
Positions: 3,252
Last Reported: Q3 2025

Sector Allocation

Position in CervoMed

Market Value: $138.4K
Shares Held: 17.1K
Portfolio Weight: 0.00%
Owned Since: 2025-Q3

Top Holding	Sector	Market Value	Weight
1 SPDR S&P 500 ETF Trust SPY	ETF ETF	$680.4M	1.10%
2 Financial Select Sector SPDR Fund XLF	ETF ETF	$582.6M	0.94%
3 Consumer Staples Select Sector SPDR Fund XLP	ETF ETF	$489.6M	0.79%