Lineage Cell Therapeutics

LCTX • AMEX

Lineage Cell Therapeutics is a biotechnology company in the healthcare sector on AMEX, led by Brian M. Culley, with a market cap of $382.3M. As of Q3 2025, 38% of shares are held by 111 institutional investors, with BROADWOOD CAPITAL INC as the largest holder at 21.7%.

CEOBrian M. Culley

Market Cap$382.3M

Biotechnology

Healthcare

Employees75.0

Websitelineagecell.com

Country

United States of America

Overview

Overview of institutional ownership in LCTX as of Q3 2025 with a market cap of $385.9M

All Institutions

Institutions: 111
Value Held: $148.6M
Shares Held: 87.9M
Avg Position: $1.3M
Median Position: $33.8K

Hedge Funds

Hedge Funds: 12
Value Held: $102.9M
Shares Held: 60.9M
Avg Position: $8.6M
Median Position: $463.3K

Ownership Breakdown

Institutional (non-HF)

11.84%

$45.7M

Hedge Funds

26.66%

$102.9M

Retail & Other

61.5%

$237.3M

Based on market cap of $385.9M as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in LCTX as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
B BROADWOOD CAPITAL INC Hedge Fund•Multi-Strategy	Neal Clifton Bradsher President	$83.8M 5.07% of portfolio	21.70% 49.6M shares	≤ Q2 2013 Held for 12y 5m+	$1.7B
VANGUARD GROUP INC Institution	Salim Ramji CEO	$15.2M 0.00% of portfolio	3.94% 9.0M shares	≤ Q2 2013 Held for 12y 5m+	$6.69T
R RAFFLES ASSOCIATES LP Hedge Fund•Value	Paul H. O'Leary Managing Partner	$9.1M 8.77% of portfolio	2.36% 5.4M shares	Q1 2021 Held for 4y 8m	$103.8M
C COMERICA BANK Institution	-	$7.8M 0.03% of portfolio	2.01% 4.6M shares	Q3 2023 Held for 2y 2m	$26.6B
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	Dan Michael Berkovitz Chairman	$4.5M 0.00% of portfolio	1.17% 2.7M shares	Q2 2025 Held for 5 months	$121.98B
GEODE CAPITAL MANAGEMENT LLC ETF Provider	David Kenneth Lane CEO	$4.1M 0.00% of portfolio	1.06% 2.4M shares	≤ Q2 2013 Held for 12y 5m+	$1.57T
B BlackRock, Inc. Institution	-	$3.8M 0.00% of portfolio	0.98% 2.2M shares	Q1 2015 Held for 10y 8m	$5.67T
RENAISSANCE TECHNOLOGIES LLC Hedge Fund•Quant	Peter Fitzhugh Brown CEO	$3.2M 0.00% of portfolio	0.83% 1.9M shares	Q2 2023 Held for 2y 5m	$75.8B
D Dauntless Investment Group, LLC Institution	-	$2.7M 7.16% of portfolio	0.71% 1.6M shares	Q2 2025 Held for 5 months	$38.1M
MORGAN STANLEY RIA/Wealth	Jed Finn CEO	$1.7M 0.00% of portfolio	0.44% 1.0M shares	≤ Q2 2013 Held for 12y 5m+	$1.65T

Net Capital Flow

Institutional buying and selling activity for LCTX in Q3 2025

Traded: −$1.8M
Buyers: 46
Sellers: 60
Total Bought: +$4.9M
Total Sold: −$6.7M
Avg Position: $1.0M

Biggest Buyers

Institution	Net Bought	Current Position
VANGUARD GROUP INC Institution	+$885.7K +524.1K shares	$15.2M 9.0M shares
EAM Investors, LLC Long Only Manager	+$747.4K +442.2K shares	$747.4K 442.2K shares
D Dauntless Investment Group, LLC Institution	+$689.8K +408.2K shares	$2.7M 1.6M shares
Q Quadrature Capital Ltd Institution	+$304.4K +179.0K shares	$304.4K 179.0K shares
MORGAN STANLEY RIA/Wealth	+$285.6K +169.0K shares	$1.7M 1.0M shares
SCHWAB CHARLES INVESTMENT MANAGEMENT INC Long Only Manager	+$253.5K +150.0K shares	$368.9K 218.3K shares
IEQ CAPITAL, LLC RIA/Wealth	+$232.2K +137.4K shares	$271.1K 160.4K shares
BANK OF AMERICA CORP /DE/ Institution	+$219.9K +130.1K shares	$394.5K 233.4K shares
STATE STREET CORP Institution	+$179.3K +106.1K shares	$1.6M 955.6K shares
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	+$134.2K +79.4K shares	$4.5M 2.7M shares

Biggest Sellers

Institution	Net Sold	Current Position
J JANE STREET GROUP, LLC Institution	−$2.3M −1.4M shares	$244.8K 144.9K shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	−$612.2K −362.2K shares	$312.7K 185.0K shares
S Squarepoint Ops LLC Hedge Fund•Quant	−$463.8K −511.1K shares	Sold Off 0 shares
GSA CAPITAL PARTNERS LLP Hedge Fund•Quant	−$383.2K −226.8K shares	$1.1M 670.9K shares
Y Y-Intercept Ltd Institution	−$367.5K −405.0K shares	Sold Off 0 shares
SummitTX Capital, L.P. Hedge Fund•Multi-Strategy	−$359.4K −212.7K shares	$124.8K 73.8K shares
B Brevan Howard Capital Management LP Institution	−$281.1K −308.9K shares	Sold Off 0 shares
H HRT FINANCIAL LLC Institution	−$254.9K −280.1K shares	Sold Off 0 shares
Aster Capital Management Ltd RIA/Wealth	−$198.0K −218.2K shares	Sold Off 0 shares
NORTHERN TRUST CORP Institution	−$113.4K −67.1K shares	$749.3K 443.4K shares

Entry and Exit Activity

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

New Positions: 9
New Value: $1.2M
Exited Positions: 33
Exited Value: $2.3M

New Positions

Institution	Position Value
EAM Investors, LLC Long Only Manager	$747.4K 442.2K shares
Q Quadrature Capital Ltd Institution	$304.4K 179.0K shares
Equitable Holdings, Inc. Institution	$50.7K 30.0K shares
Catalytic Wealth RIA, LLC RIA/Wealth	$31.6K 18.7K shares
CITIZENS FINANCIAL GROUP INC/RI Institution	$25.4K 15.0K shares
Kestra Advisory Services, LLC RIA/Wealth	$17.1K 10.1K shares
Beverly Hills Private Wealth, LLC RIA/Wealth	$16.9K 10.0K shares
SRS Capital Advisors, Inc. RIA/Wealth	$199.0 118.0 shares
Sontag Advisory, LLC RIA/Wealth	$149.0 88.0 shares

Exited Positions

Institution	Previous Position
S Squarepoint Ops LLC Hedge Fund•Quant	$463.8K 511.1K shares
Y Y-Intercept Ltd Institution	$367.5K 405.0K shares
B Brevan Howard Capital Management LP Institution	$281.1K 308.9K shares
H HRT FINANCIAL LLC Institution	$254.9K 280.1K shares
Aster Capital Management Ltd RIA/Wealth	$198.0K 218.2K shares
G Ground Swell Capital, LLC Hedge Fund•Multi-Strategy	$94.8K 104.5K shares
X XTX Topco Ltd Institution	$85.3K 94.1K shares
W Winton Capital Group Ltd Institution	$69.0K 76.1K shares
H HSBC HOLDINGS PLC Institution	$66.0K 72.2K shares
Laurion Capital Management LP Hedge Fund•Multi-Strategy	$55.8K 61.5K shares

Options Activity

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

Call Positions: 3
Call Value: $424.9K
Put Positions: 2
Put Value: $84.5K

Call Positions

Institution	Position Value
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$199.4K 1.2K contracts
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$184.7K 1.1K contracts
J JANE STREET GROUP, LLC Institution	$40.7K 241.0 contracts

Put Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$49.2K 291.0 contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$35.3K 209.0 contracts

Most Committed Institutions

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

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
R RAFFLES ASSOCIATES LP Hedge Fund•Value	Paul H. O'Leary Managing Partner	8.77% $9.1M	2.36% 5.4M shares	Q1 2021 Held for 4y 8m	$103.8M
D Dauntless Investment Group, LLC Institution	-	7.16% $2.7M	0.71% 1.6M shares	Q2 2025 Held for 5 months	$38.1M
B BROADWOOD CAPITAL INC Hedge Fund•Multi-Strategy	Neal Clifton Bradsher President	5.07% $83.8M	21.70% 49.6M shares	≤ Q2 2013 Held for 12y 5m+	$1.7B
RED CRANE WEALTH MANAGEMENT, LLC RIA/Wealth	Jeffrey Feng Wu Managing Partner	0.74% $864.2K	0.22% 511.4K shares	Q4 2024 Held for 11 months	$116.9M
GSA CAPITAL PARTNERS LLP Hedge Fund•Quant	David Khabie-Zeitoune CEO	0.10% $1.1M	0.29% 670.9K shares	Q3 2024 Held for 1y 2m	$1.1B
EAM Investors, LLC Long Only Manager	Derek John Gaertner CEO	0.09% $747.4K	0.19% 442.2K shares	Q3 2025 Held for 2 months	$873.4M
C COMERICA BANK Institution	-	0.03% $7.8M	2.01% 4.6M shares	Q3 2023 Held for 2y 2m	$26.6B
Beirne Wealth Consulting Services, LLC RIA/Wealth	John Anthony Beirne Founder	0.02% $76.1K	0.02% 45.0K shares	Q4 2018 Held for 6y 11m	$416.8M
ELCO Management Co., LLC Hedge Fund•Long/Short	Paul Elliot Managing Partner	0.02% $33.8K	0.01% 20.0K shares	Q3 2022 Held for 3y 2m	$191.4M
Piscataqua Savings Bank RIA/Wealth	Jeff Chen-Yu Fang Managing Partner	0.02% $21.1K	0.01% 12.5K shares	Q1 2021 Held for 4y 8m	$128.1M

Hedge Fund Spotlight

Discover hedge funds investing in LCTX

CITADEL ADVISORS LLC

Hedge Fund • Multi-Strategy

Portfolio ManagerKenneth Cordele Griffin

Portfolio Value: $122.08B
Positions: 5,531
Last Reported: Q3 2025

Sector Allocation

Position in Lineage Cell Therapeutics

Market Value: $327.8K
Shares Held: 194.0K
Portfolio Weight: 0.00%
Owned Since: 2016-Q4

Top Holding	Sector	Market Value	Weight
1 Microsoft MSFT	Software - Infrastructure Technology	$2.1B	1.68%
2 Nvidia NVDA	Semiconductors Technology	$1.8B	1.50%
3 Meta Platforms, Inc. META	Internet Content & Information Communication Services	$1.4B	1.18%