Tang Capital Management SNDX Position
Exited8-Fund ConvergenceTang Capital Management exited their position in Syndax Pharmaceuticals Inc. (SNDX) in Q4 2025, after holding the stock for 5 quarters.
The position was first reported in Q4 2024 and has been tracked across 5 quarterly 13F filings.
SNDX is a convergence signal: 8 specialist biotech funds hold this stock, suggesting high institutional conviction.
There is an upcoming Phase 2 readout for Axatilimab in 167 days (Sep 30, 2026), making the timing of Tang Capital's position particularly relevant.
Short interest stands at 26.1% of float with 15.1 days to cover, indicating significant bearish positioning against the stock.
About Syndax Pharmaceuticals Inc.
Syndax Pharmaceuticals, Inc., a clinical-stage biopharmaceutical company, develops therapies for the treatment of cancer. Its lead product candidates are SNDX-5613, which is in phase 1/2 clinical trial targeting the binding interaction of Menin with the mixed lineage leukemia 1 protein for the treatment of MLL-rearranged (MLLr) and nucleophosmin 1 mutant acute myeloid leukemia (NPM1c AML); and SNDX-6352 or axatilimab, a monoclonal antibody that blocks the colony stimulating factor 1, or CSF-1 receptor for the treatment of patients with chronic graft versus host disease (cGVHD). The company is also developing Entinostat. It also has collaborative research and development agreement with National Cancer Institute; a clinical trial agreement with Eastern Cooperative Oncology Group; and a license agreement with Kyowa Hakko Kirin Co., Ltd. Syndax Pharmaceuticals, Inc. was incorporated in 2005 and is headquartered in Waltham, Massachusetts.Massachusetts.
Full company profile →Short Interest
26.1%
15.1 days to cover
Tang Capital Management SNDX Position History
Frequently Asked Questions
Does Tang Capital Management own SNDX?
No. Tang Capital Management exited their position in Syndax Pharmaceuticals Inc. (SNDX) in Q4 2025. They previously held the stock for 5 quarters.
How many hedge funds own SNDX?
8 specialist biotech hedge funds currently hold SNDX, including Avoro Capital Advisors, OrbiMed Advisors, BVF Partners and 5 more. When 3 or more specialist funds hold the same stock, BiotechEdge flags it as a convergence signal.
When did Tang Capital Management first buy SNDX?
Tang Capital Management's position in SNDX was first reported in Q4 2024. 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 SNDX position increasing or decreasing?
Tang Capital Management completely exited their SNDX position in the most recent quarter.
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