Tang Capital Management ALT Position
Active4-Fund ConvergenceTang Capital Management held their position in Altimmune, Inc. (ALT) in Q4 2025, holding $7.7M worth of shares across 2,131,307 shares.
The position was first reported in Q1 2023 and has been tracked across 12 quarterly 13F filings.
ALT is a convergence signal: 4 specialist biotech funds hold this stock, suggesting high institutional conviction.
There is an upcoming Phase 2 readout for Pemvidutide in 45 days (May 31, 2026), making the timing of Tang Capital's position particularly relevant.
Tang Capital Management ALT Position History
| Quarter | Action | Shares | Change | Value |
|---|---|---|---|---|
| Q4 2025 | Held | 2,131,307 | — | $7.7M |
| Q3 2025 | Decreased | 2,131,307 | -618,693 | $8.0M |
| Q2 2025 | Held | 2,750,000 | — | $10.6M |
| Q1 2025 | Held | 2,750,000 | — | $13.8M |
| Q4 2024 | Held | 2,750,000 | — | $19.8M |
| Q3 2024 | Held | 2,750,000 | — | $16.9M |
| Q2 2024 | Held | 2,750,000 | — | $18.3M |
| Q1 2024 | Held | 2,750,000 | — | $28.0M |
| Q4 2023 | Held | 2,750,000 | — | $30.9M |
| Q3 2023 | Held | 2,750,000 | — | $7.2M |
| Q2 2023 | Held | 2,750,000 | — | $9.7M |
| Q1 2023 | New | 2,750,000 | +2,750,000 | $11.6M |
Frequently Asked Questions
Does Tang Capital Management own ALT?
Yes. As of Q4 2025, Tang Capital Management holds 2,131,307 shares of Altimmune, Inc. (ALT) valued at $7.7M. This data comes from their SEC 13F filing.
How many hedge funds own ALT?
4 specialist biotech hedge funds currently hold ALT, including Boxer Capital, Rock Springs Capital, OrbiMed Advisors. When 3 or more specialist funds hold the same stock, BiotechEdge flags it as a convergence signal.
When did Tang Capital Management first buy ALT?
Tang Capital Management's position in ALT was first reported in Q1 2023. 13F filings are reported with a 45-day delay, so the actual purchase may have occurred earlier in the quarter.
Is Tang Capital Management's ALT position increasing or decreasing?
Tang Capital Management held their ALT position unchanged in the most recent quarter.
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