Outlook Therapeutics, Inc.

OTLK • NASDAQ

Outlook Therapeutics, Inc. is a biotechnology company in the healthcare sector on NASDAQ, led by Lawrence A. Kenyon, with a market cap of $109.7M. As of Q3 2025, 9% of shares are held by 52 institutional investors, with VANGUARD GROUP INC as the largest holder at 3.02%.

Interim Chief Executive OfficerLawrence A. Kenyon

Market Cap$109.7M

Biotechnology

Healthcare

Employees24.0

Websiteoutlooktherapeutics.com

Country

United States of America

Overview

Overview of institutional ownership in OTLK as of Q3 2025 with a market cap of $47.1M

All Institutions

Institutions: 52
Value Held: $4.3M
Shares Held: 4.0M
Avg Position: $82.4K
Median Position: $13.0K

Hedge Funds

Hedge Funds: 3
Value Held: $976.4K
Shares Held: 921.1K
Avg Position: $325.5K
Median Position: $206.3K

Ownership Breakdown

Institutional (non-HF)

7.03%

$3.3M

Hedge Funds

2.07%

$976.4K

Retail & Other

90.9%

$42.8M

Based on market cap of $47.1M as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in OTLK as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
VANGUARD GROUP INC Institution	Salim Ramji CEO	$1.4M 0.00% of portfolio	3.02% 1.3M shares	Q3 2016 Held for 9y 2m	$6.69T
Schonfeld Strategic Advisors LLC Hedge Fund•Multi-Strategy	Ryan Andrew Tolkin CEO	$758.1K 0.01% of portfolio	1.61% 715.2K shares	Q1 2024 Held for 1y 8m	$14.3B
B BlackRock, Inc. Institution	-	$391.9K 0.00% of portfolio	0.83% 369.7K shares	Q1 2021 Held for 4y 8m	$5.67T
GEODE CAPITAL MANAGEMENT LLC ETF Provider	David Kenneth Lane CEO	$324.7K 0.00% of portfolio	0.69% 306.3K shares	Q1 2017 Held for 8y 8m	$1.57T
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	-	$224.1K 0.00% of portfolio	0.48% 211.4K shares	Q1 2022 Held for 3y 8m	$67.9B
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	Dan Michael Berkovitz Chairman	$206.3K 0.00% of portfolio	0.44% 194.6K shares	Q2 2025 Held for 5 months	$121.98B
COMMONWEALTH EQUITY SERVICES, LLC. RIA/Wealth	Wayne Michael Bloom CEO	$119.9K 0.00% of portfolio	0.25% 113.2K shares	Q4 2024 Held for 11 months	$71.1B
BANK OF AMERICA CORP /DE/ Institution	Brian T. Moynihan CEO	$95.9K 0.00% of portfolio	0.20% 90.5K shares	Q3 2021 Held for 4y 2m	$1.33T
S SIMPLEX TRADING, LLC Institution	-	$94.6K 0.00% of portfolio	0.20% 89.2K shares	Q3 2025 Held for 2 months	$4.1B
STATE STREET CORP Institution	Ronald P. O'Hanley CEO	$79.8K 0.00% of portfolio	0.17% 75.3K shares	Q2 2021 Held for 4y 5m	$2.88T

Net Capital Flow

Institutional buying and selling activity for OTLK in Q3 2025

Traded: −$1.3M
Buyers: 23
Sellers: 37
Total Bought: +$675.9K
Total Sold: −$1.9M
Avg Position: $60.4K

Biggest Buyers

Institution	Net Bought	Current Position
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	+$99.3K +93.7K shares	$224.1K 211.4K shares
VANGUARD GROUP INC Institution	+$96.5K +91.0K shares	$1.4M 1.3M shares
S SIMPLEX TRADING, LLC Institution	+$94.6K +89.2K shares	$94.6K 89.2K shares
COMMONWEALTH EQUITY SERVICES, LLC. RIA/Wealth	+$90.1K +85.0K shares	$119.9K 113.2K shares
BANK OF AMERICA CORP /DE/ Institution	+$87.6K +82.7K shares	$95.9K 90.5K shares
GEODE CAPITAL MANAGEMENT LLC ETF Provider	+$43.1K +40.7K shares	$324.7K 306.3K shares
T TWO SIGMA SECURITIES, LLC Institution	+$37.8K +35.7K shares	$37.8K 35.7K shares
B BlackRock, Inc. Institution	+$31.6K +29.8K shares	$391.9K 369.7K shares
LVW Advisors, LLC RIA/Wealth	+$28.9K +27.2K shares	$51.1K 48.2K shares
Flower City Capital RIA/Wealth	+$21.2K +20.0K shares	$21.2K 20.0K shares

Biggest Sellers

Institution	Net Sold	Current Position
Schonfeld Strategic Advisors LLC Hedge Fund•Multi-Strategy	−$688.6K −649.6K shares	$758.1K 715.2K shares
S Squarepoint Ops LLC Hedge Fund•Quant	−$249.0K −155.6K shares	Sold Off 0 shares
RENAISSANCE TECHNOLOGIES LLC Hedge Fund•Quant	−$169.7K −106.1K shares	Sold Off 0 shares
AQR CAPITAL MANAGEMENT LLC Hedge Fund•Multi-Strategy	−$155.2K −97.0K shares	Sold Off 0 shares
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	−$152.6K −144.0K shares	$206.3K 194.6K shares
X XTX Topco Ltd Institution	−$76.5K −72.1K shares	$11.7K 11.0K shares
H HRT FINANCIAL LLC Institution	−$56.6K −35.4K shares	Sold Off 0 shares
GOLDMAN SACHS GROUP INC Institution	−$52.4K −49.4K shares	$45.5K 43.0K shares
J JANE STREET GROUP, LLC Institution	−$47.7K −45.0K shares	$27.4K 25.8K shares
Marshall Wace LLP Institution	−$40.9K −25.6K shares	Sold Off 0 shares

Entry and Exit Activity

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

New Positions: 3
New Value: $2.8K
Exited Positions: 18
Exited Value: $814.5K

New Positions

Institution	Position Value
J JONES FINANCIAL COMPANIES LLLP Institution	$2.4K 2.5K shares
Sontag Advisory, LLC RIA/Wealth	$318.0 300.0 shares
Tradewinds Capital Management, LLC RIA/Wealth	$106.0 100.0 shares

Exited Positions

Institution	Previous Position
S Squarepoint Ops LLC Hedge Fund•Quant	$249.0K 155.6K shares
RENAISSANCE TECHNOLOGIES LLC Hedge Fund•Quant	$169.7K 106.1K shares
AQR CAPITAL MANAGEMENT LLC Hedge Fund•Multi-Strategy	$155.2K 97.0K shares
H HRT FINANCIAL LLC Institution	$56.6K 35.4K shares
Marshall Wace LLP Institution	$40.9K 25.6K shares
Q Quadrature Capital Ltd Institution	$34.8K 21.7K shares
G Ground Swell Capital, LLC Hedge Fund•Multi-Strategy	$23.8K 14.9K shares
Jain Global LLC Hedge Fund•Multi-Strategy	$22.7K 14.2K shares
IEQ CAPITAL, LLC RIA/Wealth	$17.5K 11.0K shares
Fifth Third Wealth Advisors LLC RIA/Wealth	$16.0K 10.0K shares

Options Activity

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

Call Positions: 2
Call Value: $33.6K
Put Positions: 3
Put Value: $82.9K

Call Positions

Institution	Position Value
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$18.2K 172.0 contracts
J JANE STREET GROUP, LLC Institution	$15.4K 145.0 contracts

Put Positions

Institution	Position Value
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$30.3K 286.0 contracts
TUDOR INVESTMENT CORP ET AL Hedge Fund•Multi-Strategy	$26.6K 251.0 contracts
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$26.0K 245.0 contracts

Most Committed Institutions

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

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
Christensen, King & Associates Investment Services, Inc. RIA/Wealth	Robert Arpke Mcbride President	0.01% $28.8K	0.06% 27.2K shares	Q3 2024 Held for 1y 2m	$232.7M
Flower City Capital RIA/Wealth	Vincent Joseph Crane COO	0.01% $21.2K	0.05% 20.0K shares	Q3 2025 Held for 2 months	$185.8M
T TWO SIGMA SECURITIES, LLC Institution	-	0.01% $37.8K	0.08% 35.7K shares	Q3 2025 Held for 2 months	$675.6M
LVW Advisors, LLC RIA/Wealth	Lori Ann Van Dusen CEO	0.01% $51.1K	0.11% 48.2K shares	Q2 2025 Held for 5 months	$965.3M
Schonfeld Strategic Advisors LLC Hedge Fund•Multi-Strategy	Ryan Andrew Tolkin CEO	0.01% $758.1K	1.61% 715.2K shares	Q1 2024 Held for 1y 8m	$14.3B
S SIMPLEX TRADING, LLC Institution	-	0.00% $94.6K	0.20% 89.2K shares	Q3 2025 Held for 2 months	$4.1B
P Point72 Asia Pte. Ltd. Institution	-	0.00% $6.2K	0.01% 5.8K shares	Q2 2025 Held for 5 months	$645.8M
X XTX Topco Ltd Institution	-	0.00% $11.7K	0.02% 11.0K shares	Q3 2024 Held for 1y 2m	$1.9B
G GROUP ONE TRADING, L.P. Institution	-	0.00% $17.8K	0.04% 16.8K shares	Q1 2025 Held for 8 months	$3.3B
S SCOTIA CAPITAL INC. Institution	-	0.00% $78.4K	0.17% 74.0K shares	Q2 2023 Held for 2y 5m	$23.7B