Jasper Therapeutics, Inc.

JSPR • NASDAQ

Jasper Therapeutics, Inc. is a biotechnology company in the healthcare sector on NASDAQ, led by Ronald Martell, with a market cap of $49.5M. As of Q3 2025, 72% of shares are held by 60 institutional investors, with Velan Capital Investment Management LP as the largest holder at 9.56%.

President and CEO of Jasper Therapeutics, Inc.Ronald Martell

Market Cap$49.5M

Biotechnology

Healthcare

Employees45.0

Websitejaspertherapeutics.com

Country

United States of America

Overview

Overview of institutional ownership in JSPR as of Q3 2025 with a market cap of $66.5M

All Institutions

Institutions: 60
Value Held: $47.8M
Shares Held: 20.2M
Avg Position: $796.9K
Median Position: $97.9K

Hedge Funds

Hedge Funds: 15
Value Held: $19.3M
Shares Held: 8.1M
Avg Position: $1.3M
Median Position: $868.6K

Ownership Breakdown

Institutional (non-HF)

42.95%

$28.5M

Hedge Funds

29.0%

$19.3M

Retail & Other

28.05%

$18.6M

Based on market cap of $66.5M as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in JSPR as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
V Velan Capital Investment Management LP Institution	-	$6.2M 5.83% of portfolio	9.56% 2.7M shares	Q4 2021 Held for 3y 11m	$106.5M
Soleus Capital Management, L.P. Hedge Fund•Long/Short	Guy Bezalel Levy CIO	$3.6M 0.19% of portfolio	5.35% 1.5M shares	Q1 2023 Held for 2y 8m	$1.8B
A ACORN CAPITAL ADVISORS, LLC Venture Capital	Anthony Michael Gallo CCO	$3.3M 1.67% of portfolio	4.95% 1.4M shares	Q3 2025 Held for 2 months	$197.0M
K KINGDON CAPITAL MANAGEMENT, L.L.C. Hedge Fund•Long/Short	Mark Elliot Kingdon CEO	$3.2M 0.49% of portfolio	4.74% 1.3M shares	Q4 2021 Held for 3y 11m	$638.2M
Rock Springs Capital Management LP Hedge Fund•Sector	Nnamdi C Etoh CFO	$2.6M 0.15% of portfolio	3.94% 1.1M shares	Q1 2024 Held for 1y 8m	$1.7B
Carlyle Group L.P. Institution	Harvey M. Schwartz CEO	$2.5M 0.06% of portfolio	3.82% 1.1M shares	Q1 2023 Held for 2y 8m	$4.3B
Woodline Partners LP Hedge Fund•Long/Short	Karl Heinz Kroeker CIO	$2.5M 0.01% of portfolio	3.72% 1.0M shares	Q3 2025 Held for 2 months	$21.3B
VANGUARD GROUP INC Institution	Salim Ramji CEO	$2.5M 0.00% of portfolio	3.70% 1.0M shares	Q4 2021 Held for 3y 11m	$6.69T
T T. Rowe Price Investment Management, Inc. Insurance Manager	John Edward Robison President	$2.4M 0.00% of portfolio	3.68% 1.0M shares	Q4 2024 Held for 11 months	$161.58B
Propel Bio Management, LLC Hedge Fund•Sector	Leen Kawas Managing Partner	$2.4M 2.45% of portfolio	3.68% 1.0M shares	Q3 2025 Held for 2 months	$99.9M

Net Capital Flow

Institutional buying and selling activity for JSPR in Q3 2025

Traded: +$13.6M
Buyers: 32
Sellers: 35
Total Bought: +$23.6M
Total Sold: −$10.0M
Avg Position: $613.0K

Biggest Buyers

Institution	Net Bought	Current Position
A ACORN CAPITAL ADVISORS, LLC Venture Capital	+$3.3M +1.4M shares	$3.3M 1.4M shares
V Velan Capital Investment Management LP Institution	+$2.9M +1.2M shares	$6.2M 2.7M shares
Woodline Partners LP Hedge Fund•Long/Short	+$2.5M +1.0M shares	$2.5M 1.0M shares
Propel Bio Management, LLC Hedge Fund•Sector	+$2.4M +1.0M shares	$2.4M 1.0M shares
K KINGDON CAPITAL MANAGEMENT, L.L.C. Hedge Fund•Long/Short	+$1.5M +640.1K shares	$3.2M 1.3M shares
S SPHERA FUNDS MANAGEMENT LTD. Institution	+$1.5M +614.8K shares	$1.5M 629.5K shares
S Simplify Asset Management Inc. Institution	+$1.4M +609.1K shares	$1.4M 609.1K shares
Rock Springs Capital Management LP Hedge Fund•Sector	+$1.3M +555.6K shares	$2.6M 1.1M shares
BOOTHBAY FUND MANAGEMENT, LLC Fund of Funds	+$1.1M +442.6K shares	$1.1M 442.6K shares
VANGUARD GROUP INC Institution	+$971.6K +408.2K shares	$2.5M 1.0M shares

Biggest Sellers

Institution	Net Sold	Current Position
Integral Health Asset Management, LLC Hedge Fund•Sector	−$3.3M −590.0K shares	Sold Off 0 shares
FRANKLIN RESOURCES INC Institution	−$3.0M −534.7K shares	Sold Off 0 shares
UBS Group AG Institution	−$897.1K −376.9K shares	$93.7K 39.4K shares
J JANE STREET GROUP, LLC Institution	−$737.6K −132.9K shares	Sold Off 0 shares
GOLDMAN SACHS GROUP INC Institution	−$530.5K −222.9K shares	$64.0K 26.9K shares
Marshall Wace LLP Institution	−$281.3K −50.7K shares	Sold Off 0 shares
AQR CAPITAL MANAGEMENT LLC Hedge Fund•Multi-Strategy	−$197.2K −35.5K shares	Sold Off 0 shares
X XTX Topco Ltd Institution	−$151.8K −27.3K shares	Sold Off 0 shares
OPPENHEIMER & CO INC RIA/Wealth	−$147.9K −26.7K shares	Sold Off 0 shares
BANK OF MONTREAL /CAN/ Institution	−$110.3K −46.3K shares	$266.1K 111.8K shares

Entry and Exit Activity

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

New Positions: 8
New Value: $4.9M
Exited Positions: 18
Exited Value: $8.2M

New Positions

Institution	Position Value
A ACORN CAPITAL ADVISORS, LLC Venture Capital	$3.3M 1.4M shares
ARMISTICE CAPITAL, LLC Hedge Fund•Long/Short	$828.2K 348.0K shares
K Knott David M Jr Institution	$407.9K 171.4K shares
R READYSTATE ASSET MANAGEMENT LP Hedge Fund•Multi-Strategy	$234.3K 98.4K shares
Voleon Capital Management LP Hedge Fund•Quant	$49.9K 21.0K shares
S Stonepine Capital Management, LLC Institution	$48.1K 20.2K shares
J JONES FINANCIAL COMPANIES LLLP Institution	$124.0 50.0 shares
O Optiver Holding B.V. Institution	$14.0 6.0 shares

Exited Positions

Institution	Previous Position
Integral Health Asset Management, LLC Hedge Fund•Sector	$3.3M 590.0K shares
FRANKLIN RESOURCES INC Institution	$3.0M 534.7K shares
J JANE STREET GROUP, LLC Institution	$737.6K 132.9K shares
Marshall Wace LLP Institution	$281.3K 50.7K shares
AQR CAPITAL MANAGEMENT LLC Hedge Fund•Multi-Strategy	$197.2K 35.5K shares
X XTX Topco Ltd Institution	$151.8K 27.3K shares
OPPENHEIMER & CO INC RIA/Wealth	$147.9K 26.7K shares
STATE OF WISCONSIN INVESTMENT BOARD RIA/Wealth	$101.9K 18.4K shares
S SIMPLEX TRADING, LLC Institution	$83.4K 15.0K shares
H HRT FINANCIAL LLC Institution	$82.1K 14.8K shares

Options Activity

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

Call Positions: 2
Call Value: $168.0K
Put Positions: 2
Put Value: $103.1K

Call Positions

Institution	Position Value
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$105.9K 445.0 contracts
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$62.1K 261.0 contracts

Put Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$61.6K 259.0 contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$41.4K 174.0 contracts

Most Committed Institutions

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

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
V Velan Capital Investment Management LP Institution	-	5.83% $6.2M	9.56% 2.7M shares	Q4 2021 Held for 3y 11m	$106.5M
L Lion Point Capital, LP Hedge Fund•Event Driven	Carl Didric Marcus Cederholm CIO	5.39% $948.6K	1.43% 398.6K shares	Q1 2024 Held for 1y 8m	$17.6M
Q Qiming U.S. Ventures Management, LLC Institution	-	3.97% $2.2M	3.33% 929.0K shares	Q4 2021 Held for 3y 11m	$55.6M
Propel Bio Management, LLC Hedge Fund•Sector	Leen Kawas Managing Partner	2.45% $2.4M	3.68% 1.0M shares	Q3 2025 Held for 2 months	$99.9M
A ACORN CAPITAL ADVISORS, LLC Venture Capital	Anthony Michael Gallo CCO	1.67% $3.3M	4.95% 1.4M shares	Q3 2025 Held for 2 months	$197.0M
K KINGDON CAPITAL MANAGEMENT, L.L.C. Hedge Fund•Long/Short	Mark Elliot Kingdon CEO	0.49% $3.2M	4.74% 1.3M shares	Q4 2021 Held for 3y 11m	$638.2M
S SPHERA FUNDS MANAGEMENT LTD. Institution	-	0.36% $1.5M	2.25% 629.5K shares	Q1 2023 Held for 2y 8m	$416.3M
Soleus Capital Management, L.P. Hedge Fund•Long/Short	Guy Bezalel Levy CIO	0.19% $3.6M	5.35% 1.5M shares	Q1 2023 Held for 2y 8m	$1.8B
K Knott David M Jr Institution	-	0.17% $407.9K	0.61% 171.4K shares	Q3 2025 Held for 2 months	$238.7M
Rock Springs Capital Management LP Hedge Fund•Sector	Nnamdi C Etoh CFO	0.15% $2.6M	3.94% 1.1M shares	Q1 2024 Held for 1y 8m	$1.7B

Hedge Fund Spotlight

Discover hedge funds investing in JSPR

Squarepoint Ops LLC

Hedge Fund • Quant

Portfolio ManagerMichael Gottlieb

Portfolio Value: $46.9B
Positions: 2,529
Last Reported: Q3 2025

Sector Allocation

Position in Jasper Therapeutics, Inc.

Market Value: $33.2K
Shares Held: 14.0K
Portfolio Weight: 0.00%
Owned Since: 2025-Q2

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