Tenax Therapeutics
TENX • NASDAQ
Tenax Therapeutics is a biotechnology company in the healthcare sector on NASDAQ, led by Christopher T. Giordano, with a market cap of $64.7M. As of Q3 2025, 103% of shares are held by 34 institutional investors, with Ikarian Capital, LLC as the largest holder at 21.21%.
Chief Executive OfficerChristopher T. Giordano
Market Cap$64.7M
Biotechnology
Healthcare
Employees5.0
Websitetenaxthera.com
Country
United States of America
Overview
Overview of institutional ownership in TENX as of Q3 2025 with a market cap of $34.7M
All Institutions
- Institutions
- 34
- Value Held
- $35.9M
- Shares Held
- 4.7M
- Avg Position
- $1.1M
- Median Position
- $418.7K
Hedge Funds
- Hedge Funds
- 9
- Value Held
- $16.1M
- Shares Held
- 2.1M
- Avg Position
- $1.8M
- Median Position
- $671.3K
Ownership Breakdown
Based on market cap of $34.7M as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.
Biggest Investors
Institutions with the largest positions in TENX as of Q3 2025
| Institution | Position Value |
|---|---|
 Ikarian Capital, LLC Hedge Fund•Event Driven | $7.4M 1.49% of portfolio |
 VR Adviser, LLC Venture Capital | $3.3M 0.19% of portfolio |
 RTW INVESTMENTS, LLC Hedge Fund•Sector | $2.9M 0.04% of portfolio |
S Siren, L.L.C. Institution | $2.7M 0.11% of portfolio |
 BOOTHBAY FUND MANAGEMENT, LLC Fund of Funds | $2.7M 0.07% of portfolio |
B BVF INC/IL Institution | $2.6M 0.10% of portfolio |
 MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy | $2.4M 0.00% of portfolio |
 Vivo Capital, LLC Venture Capital | $1.6M 0.13% of portfolio |
 MORGAN STANLEY RIA/Wealth | $1.4M 0.00% of portfolio |
 Marshall Wace LLP Institution | $1.3M 0.00% of portfolio |
Net Capital Flow
Institutional buying and selling activity for TENX in Q3 2025
- Traded
- +$19.0M
- Buyers
- 20
- Sellers
- 4
- Total Bought
- +$19.9M
- Total Sold
- −$884.6K
- Avg Position
- $971.1K
Biggest Buyers
| Institution | Net Bought |
|---|---|
Ikarian Capital, LLC Hedge Fund•Event Driven | +$7.4M +967.6K shares |
S Siren, L.L.C. Institution | +$2.7M +352.4K shares |
BOOTHBAY FUND MANAGEMENT, LLC Fund of Funds | +$2.7M +352.2K shares |
VR Adviser, LLC Venture Capital | +$2.6M +339.1K shares |
Marshall Wace LLP Institution | +$1.3M +177.2K shares |
 VANGUARD GROUP INC Institution | +$1.1M +139.5K shares |
 Woodline Partners LP Hedge Fund•Long/Short | +$671.3K +88.2K shares |
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy | +$608.8K +80.0K shares |
 RENAISSANCE TECHNOLOGIES LLC Hedge Fund•Quant | +$430.7K +56.6K shares |
 CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy | +$250.4K +32.9K shares |
Biggest Sellers
| Institution | Net Sold |
|---|---|
A ADAR1 Capital Management, LLC Hedge Fund•Long/Short | −$777.2K −102.1K shares |
 DIMENSIONAL FUND ADVISORS LP Long Only Manager | −$93.0K −15.9K shares |
 RAYMOND JAMES FINANCIAL INC RIA/Wealth | −$8.7K −1.5K shares |
T Tower Research Capital LLC Institution | −$5.7K −748.0 shares |
Entry and Exit Activity
Institutions that initiated new positions or completely exited TENX in Q3 2025
- New Positions
- 6
- New Value
- $4.8M
- Exited Positions
- 3
- Exited Value
- $101.7K
New Positions
| Institution | Position Value |
|---|---|
S Siren, L.L.C. Institution | $2.7M 352.4K shares |
Marshall Wace LLP Institution | $1.3M 177.2K shares |
Woodline Partners LP Hedge Fund•Long/Short | $671.3K 88.2K shares |
D DRW Securities, LLC Institution | $80.0K 10.5K shares |
 Rockefeller Capital Management L.P. Long Only Manager | $15.0 2.0 shares |
 Sontag Advisory, LLC RIA/Wealth | $8.0 1.0 shares |
Exited Positions
| Institution | Previous Position |
|---|---|
DIMENSIONAL FUND ADVISORS LP Long Only Manager | $93.0K 15.9K shares |
RAYMOND JAMES FINANCIAL INC RIA/Wealth | $8.7K 1.5K shares |
 BARCLAYS PLC Institution | - 11.0 shares |
Options Activity
Institutions with the largest Call and Put options positions in TENX 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 TENX as the highest % of their portfolio as of Q3 2025
| Institution | Portfolio Weight |
|---|---|
Ikarian Capital, LLC Hedge Fund•Event Driven | 1.49% $7.4M |
V Velan Capital Investment Management LP Institution | 0.60% $634.2K |
VR Adviser, LLC Venture Capital | 0.19% $3.3M |
Vivo Capital, LLC Venture Capital | 0.13% $1.6M |
S Siren, L.L.C. Institution | 0.11% $2.7M |
B BVF INC/IL Institution | 0.10% $2.6M |
 Integral Health Asset Management, LLC Hedge Fund•Sector | 0.10% $1.3M |
BOOTHBAY FUND MANAGEMENT, LLC Fund of Funds | 0.07% $2.7M |
A ADAR1 Capital Management, LLC Hedge Fund•Long/Short | 0.04% $406.6K |
RTW INVESTMENTS, LLC Hedge Fund•Sector | 0.04% $2.9M |
Hedge Fund Spotlight
Discover hedge funds investing in TENX
Ikarian Capital, LLC
Hedge Fund • Event Driven
Portfolio ManagerNeil Tristan Shahrestani
- Portfolio Value
- $494.3M
- Positions
- 116
- Last Reported
- Q3 2025
Sector Allocation
Position in Tenax Therapeutics
- Market Value
- $7.4M
- Shares Held
- 967.6K
- Portfolio Weight
- 1.49%
- Owned Since
- 2025-Q3
| Top Holding | Sector | Market Value | Weight |
|---|---|---|---|
Unknown Unknown | $53.0M | 10.73% | |
Unknown Unknown | $33.4M | 6.76% | |
Biotechnology Healthcare | $27.2M | 5.49% |
