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Which hedge funds own FDMT? 4D MOLECULAR THERAPEUTICS IN, Q2 2026 13F holders

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30 of the hedge funds tracked by WhaleCreep disclosed a position in FDMT (4D MOLECULAR THERAPEUTICS IN) in their Q2 2026 13F filings, worth $228.0m in total. The largest holder by portfolio weight is Trails Edge Capital Partners, LP at 4.7% of its book. 9 managers opened a new position this quarter: Diadema Partners LP, Catalio Capital Management, LP, Persistent Asset Partners LTD, Birchview Capital, LP. 5 exited: Adar1 Capital Management, LLC, EntryPoint Capital, LLC, ExodusPoint Capital Management, LP.

30tracked managers holding
9opened this quarter
5exited this quarter

Who discovered FDMT first?

Earliest meaningful positions among the 17 tracked managers we observed opening FDMT since Q4 2020.

1 Casdin Capital, LLC First reported Q4 2020 · ≥1% from Q1 2021 1.0%initial weight · $32.4m Exitedby Q1 2025 · held 16q -87%stock since Q4 2020

Weight of Casdin Capital, LLC's 13F book in FDMT, by quarter

0%1.25%2.5%Q4 2020 · 1.0% of book · $32.4mQ1 2021 · 1.3% of book · $43.2mQ2 2021 · 0.7% of book · $26.9mQ3 2021 · 0.8% of book · $30.1mQ4 2021 · 0.3% of book · $12.2mQ1 2022 · 0.4% of book · $8.4mQ2 2022 · 0.3% of book · $3.9mQ4 2022 · 1.1% of book · $14.0mQ1 2023 · 1.5% of book · $18.4mQ2 2023 · 1.7% of book · $19.3mQ3 2023 · 1.5% of book · $13.2mQ4 2023 · 2.1% of book · $20.9mQ1 2024 · 1.9% of book · $25.5mQ2 2024 · 1.3% of book · $16.8mQ3 2024 · 0.8% of book · $12.4mQ4 2024 · 0.4% of book · $6.4m20212022202320242025
  • 2.1% peak weight, Q4 2023
  • $43.2m peak reported value
  • 16 quarters held
  • 22q before the median tracked entry

The stock's split-adjusted price moved -87% between Q4 2020 and Q4 2024, the last quarter this manager reported the position.

2 RA Capital Management, L.P. First reported Q2 2023 1.0%initial weight · $55.5m 0.6%still holding · 13q -26%stock since Q2 2023

Weight of RA Capital Management, L.P.'s 13F book in FDMT, by quarter

0%1.25%2.5%Q2 2023 · 1.0% of book · $55.5mQ3 2023 · 1.0% of book · $53.0mQ4 2023 · 1.3% of book · $84.3mQ1 2024 · 2.0% of book · $160.9mQ2 2024 · 1.4% of book · $107.0mQ3 2024 · 0.6% of book · $55.1mQ4 2024 · 0.3% of book · $25.4mQ1 2025 · 0.2% of book · $14.7mQ2 2025 · 0.3% of book · $16.9mQ3 2025 · 0.5% of book · $39.7mQ4 2025 · 0.4% of book · $42.4mQ1 2026 · 0.5% of book · $47.0mQ2 2026 · 0.6% of book · $67.2m202420252026
  • 2.0% peak weight, Q1 2024
  • $160.9m peak reported value
  • 13 quarters held
  • 12q before the median tracked entry

The stock's split-adjusted price moved -26% from Q2 2023 to Q2 2026.

24 managers already held FDMT when our coverage of them began

Trails Edge Capital Partners, LP (Q1 2026), Propel Bio Management, LLC (Q1 2026), Parkman Healthcare Partners LLC (Q1 2026), Armistice Capital, LLC (Q1 2026), Opaleye Management Inc. (Q1 2026), Rangeley Capital, LLC (Q1 2026), Burkehill Global Management, LP (Q1 2026), ArrowMark Colorado Holdings LLC (Q1 2026), Rtw Investments, LP (Q1 2026), Adage Capital Partners GP, L.L.C. (Q1 2026), Schonfeld Strategic Advisors LLC (Q1 2026), Engineers Gate Manager LP (Q1 2026), Prelude Capital Management, LLC (Q1 2026), Citadel Advisors LLC (Q1 2026), Two Sigma Investments, LP (Q1 2026), Squarepoint Ops LLC (Q1 2026), D. E. Shaw & Co., Inc. (Q1 2026), Marshall Wace, LLP (Q1 2026), Aqr Capital Management LLC (Q1 2026), Adar1 Capital Management, LLC (Q1 2026), EntryPoint Capital, LLC (Q1 2026), ExodusPoint Capital Management, LP (Q1 2026), Exome Asset Management LLC (Q1 2026), Y-Intercept (Hong Kong) LTD (Q1 2026).

Their first filing on record already includes FDMT, so when they first bought it is unknown. They are not ranked above.

View discovery timeline
  1. Established ownershipQ4 2020 – now17 new tracked holders · 2.5% of tracked managers holding now
Established ownershiptracked universe expands →Split-adjusted price$5$10$20% of tracked managers holding0%10%New holders per 100 tracked managers010Q4 2020 · price $41 · 5 of 68 tracked managers hold (7.4%) · 5 newQ1 2021 · price $43 · 4 of 67 tracked managers hold (6.0%) · 0 newQ2 2021 · price $24 · 4 of 67 tracked managers hold (6.0%) · 0 newQ3 2021 · price $27 · 4 of 68 tracked managers hold (5.9%) · 0 newQ4 2021 · price $22 · 3 of 71 tracked managers hold (4.2%) · 0 newQ1 2022 · price $15 · 2 of 71 tracked managers hold (2.8%) · 0 newQ2 2022 · price $6.98 · 2 of 71 tracked managers hold (2.8%) · 0 newQ3 2022 · price $8.04 · 1 of 71 tracked managers hold (1.4%) · 0 newQ4 2022 · price $22 · 2 of 70 tracked managers hold (2.9%) · 0 newQ1 2023 · price $17 · 2 of 70 tracked managers hold (2.9%) · 0 newQ2 2023 · price $18 · 3 of 70 tracked managers hold (4.3%) · 1 newQ3 2023 · price $13 · 3 of 70 tracked managers hold (4.3%) · 0 newQ4 2023 · price $20 · 3 of 70 tracked managers hold (4.3%) · 0 newQ1 2024 · price $32 · 4 of 70 tracked managers hold (5.7%) · 1 newQ2 2024 · price $21 · 4 of 70 tracked managers hold (5.7%) · 1 newQ3 2024 · price $11 · 3 of 70 tracked managers hold (4.3%) · 0 newQ4 2024 · price $5.57 · 3 of 69 tracked managers hold (4.3%) · 0 newQ1 2025 · price $3.23 · 2 of 68 tracked managers hold (2.9%) · 0 newQ2 2025 · price $3.71 · 2 of 68 tracked managers hold (2.9%) · 0 newQ3 2025 · price $8.69 · 2 of 68 tracked managers hold (2.9%) · 0 newQ4 2025 · price $7.5 · 3 of 68 tracked managers hold (4.4%) · 0 newQ1 2026 · price $9.31 · 26 of 1200 tracked managers hold (2.2%) · 0 newQ2 2026 · price $13 · 30 of 1185 tracked managers hold (2.5%) · 9 newQ4 2020 · first reported: Casdin Capital, LLCQ2 2023 · first reported: RA Capital Management, L.P.202120222023202420252026

Dots mark the ranked managers' first reported quarters. Price is the quarter-end price implied by 13F filings, split-adjusted, shown from Q4 2020 where the series is continuous. Coverage widened in Q1 2026 from about a hundred managers to over a thousand, so holders and new holders are shown relative to the managers filing each quarter.

How this is calculated

13F filings are quarterly snapshots of long US-listed equity positions. They do not show exact purchase dates, intra-quarter trading, short positions, most derivatives, or a manager's actual performance. "First reported" is the first quarter-end filing that shows the position.

A manager is ranked only if we observed it filing, without FDMT, within two quarters before its first position. Ranking is by the first quarter the position reached 1% of the manager's 13F book in a run of at least 2 filings, then by peak weight. "High conviction" means a peak weight of at least 5%.

Stock changes are the split-adjusted change in the quarter-end price implied by 13F filings, excluding dividends. They describe the stock over the period, not the return any manager earned. Phases are cut where the share of tracked managers holding FDMT passed one third and two thirds of its peak.

Which hedge funds hold FDMT? Current holders by portfolio weight

ManagerAs ofWeight of bookValueSharesΔ sharesAction
Trails Edge Capital Partners, LPQ2 2026 4.7%$29.6m2,227,917 71% added
Diadema Partners LPQ2 2026 2.7%$7.6m571,107 new
Propel Bio Management, LLCQ2 2026 1.8%$3.4m252,654 -34% reduced
Parkman Healthcare Partners LLCQ2 2026 1.3%$12.6m948,184 81% added
Catalio Capital Management, LPQ2 2026 1.2%$6.3m471,254 new
Armistice Capital, LLCQ2 2026 0.7%$26.6m2,000,000 0% held
Persistent Asset Partners LTDQ2 2026 0.6%$1.9m145,585 new
RA Capital Management, L.P.Q2 2026 0.6%$67.2m5,049,779 0% held
Opaleye Management Inc.Q2 2026 0.4%$4.4m334,437 198% added
Birchview Capital, LPQ2 2026 0.3%$645.1k48,505 new
Rangeley Capital, LLCQ2 2026 0.3%$278.8k20,965 -33% reduced
Greenland Capital Management LPQ2 2026 0.2%$961.0k72,257 new
Burkehill Global Management, LPQ2 2026 0.1%$3.7m275,000 0% held
ArrowMark Colorado Holdings LLCQ2 2026 0.1%$2.7m202,864 0% held
Rtw Investments, LPQ2 2026 0.1%$6.3m475,737 0% held
Adage Capital Partners GP, L.L.C.Q2 2026 0.0%$29.9m2,249,203 40% added
Brevan Howard Capital Management LPQ2 2026 0.0%$2.4m176,850 new
Schonfeld Strategic Advisors LLCQ2 2026 0.0%$5.4m407,470 303% added
Engineers Gate Manager LPQ2 2026 0.0%$907.1k68,206 132% added
Prelude Capital Management, LLCQ2 2026 0.0%$146.8k11,040 2% added
Woodline Partners LPQ2 2026 0.0%$2.7m200,001 0% held
Citadel Advisors LLCQ2 2026 0.0%$9.1m687,597 160% added
Graham Capital Management, L.P.Q2 2026 0.0%$159.6k12,003 new
Jain Global LLCQ2 2026 0.0%$313.0k23,537 new
Two Sigma Investments, LPQ2 2026 0.0%$924.1k69,481 -44% reduced
Squarepoint Ops LLCQ2 2026 0.0%$340.2k25,576 -59% reduced
D. E. Shaw & Co., Inc.Q2 2026 0.0%$589.9k44,354 85% added
Marshall Wace, LLPQ2 2026 0.0%$283.8k21,342 28% added
Aqr Capital Management LLCQ2 2026 0.0%$668.7k50,281 10% added
Quarry LPQ2 2026 0.0%$35927 new

Exited since the previous quarter

Held in a manager's last filing on record

These managers have not filed for the latest quarter; their last disclosure is dated.

ManagerLast filingWeight
renaissanceQ2 20260.0%

How has hedge fund ownership of FDMT changed?

QuarterManagers holdingCombined value
Q2 202631$236.2m
Q1 202627$127.8m
Q4 20255$59.5m
Q3 20253$42.6m
Q2 20253$17.5m
Q1 20253$14.9m
Q4 20243$32.0m
Q3 20244$68.0m
Q2 20244$185.7m
Q1 20245$284.2m
Q4 20234$210.7m
Q3 20235$134.9m
Q2 20235$170.6m
Q1 20234$89.9m
Q4 20224$107.4m
Q3 20223$34.6m

Counts every tracked manager that disclosed FDMT in that quarter's filing, including managers that have since stopped filing.