RTW Investments CGON Position
Active13-Fund ConvergenceRTW Investments increased their position in CG Oncology, Inc. (CGON) in Q4 2025, holding $83.5M worth of shares across 2,012,127 shares.
The position was first reported in Q1 2024 and has been tracked across 8 quarterly 13F filings.
CGON is a convergence signal: 13 specialist biotech funds hold this stock, suggesting high institutional conviction.
There is an upcoming Phase 2 readout for Ivaltinostat in 75 days (Jun 30, 2026), making the timing of RTW Investments's position particularly relevant.
Short interest stands at 13.2% of float with 8.6 days to cover, indicating significant bearish positioning against RTW Investments's long thesis.
About CG Oncology, Inc.
CG Oncology Inc is a clinical biopharmaceutical company focused on developing and commercializing a potential backbone bladder-sparing therapeutic for patients afflicted with bladder cancer. Their product candidate cretostimogene, is initially in clinical development for the treatment of patients with high-risk Non-Muscle Invasive Bladder Cancer who are unresponsive to Bacillus Calmette Guerin (BCG) therapy, the current standard-of-care for high-risk NMIBC.
Full company profile →Short Interest
13.2%
8.6 days to cover
RTW Investments CGON Position History
Frequently Asked Questions
Does RTW Investments own CGON?
Yes. As of Q4 2025, RTW Investments holds 2,012,127 shares of CG Oncology, Inc. (CGON) valued at $83.5M. This data comes from their SEC 13F filing.
How many hedge funds own CGON?
13 specialist biotech hedge funds currently hold CGON, including BVF Partners, OrbiMed Advisors, RA Capital Management and 9 more. When 3 or more specialist funds hold the same stock, BiotechEdge flags it as a convergence signal.
When did RTW Investments first buy CGON?
RTW Investments's position in CGON was first reported in Q1 2024. 13F filings are reported with a 45-day delay, so the actual purchase may have occurred earlier in the quarter.
Is RTW Investments's CGON position increasing or decreasing?
RTW Investments increased their CGON position in the most recent quarter, adding 310,911 shares.
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