Woodline holds 4.0M Tango Therapeutics (TNGX) shares, a 2.5% stake
Rhea-AI Filing Summary
Woodline Partners LP filed an amended Schedule 13G reporting its position in Tango Therapeutics, Inc. common stock. Woodline Partners, a Delaware limited partnership and investment adviser to two master funds, reports beneficial ownership of 4,000,567 shares of Tango common stock, with sole voting and dispositive power over all of these shares and no shared power. Based on an aggregate of 162,814,649 shares of Tango common stock outstanding, Woodline’s holdings represent approximately 2.5% of the class. The outstanding share figure reflects 18,166,667 shares offered under a June 10, 2026 prospectus plus 144,647,982 shares outstanding as of May 6, 2026.
Positive
- None.
Negative
- None.
Key Figures
Shares beneficially owned: 4,000,567 shares
Ownership percentage: 2.5%
Shares outstanding basis: 162,814,649 shares
+4 more
7 metrics
Shares beneficially owned
4,000,567 shares
Common stock of Tango Therapeutics reported by Woodline Partners
Ownership percentage
2.5%
Portion of Tango Therapeutics common stock class held by Woodline Partners
Shares outstanding basis
162,814,649 shares
Total Tango Therapeutics common stock used to calculate Woodline’s ownership percentage
Prospectus offering shares
18,166,667 shares
Shares of common stock offered under Rule 424(b)(5) prospectus dated June 10, 2026
Previously outstanding shares
144,647,982 shares
Common shares outstanding as of May 6, 2026 per Form 10-Q
Sole voting power
4,000,567 shares
Shares over which Woodline Partners has sole voting authority
Shared voting power
0 shares
Shares over which Woodline Partners has shared voting authority
Key Terms
beneficial owner, sole voting power, sole dispositive power, Investment Adviser, +1 more
5 terms
beneficial owner regulatory
"the beneficial owner of the shares of Common Stock reported herein"
A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.
sole voting power regulatory
"5 | Sole Voting Power 4,000,567.00"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
sole dispositive power regulatory
"7 | Sole Dispositive Power 4,000,567.00"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
Investment Adviser financial
"12 IA,"
An investment adviser is a person or firm that professionally manages money and gives recommendations about buying, selling, or holding investments. Like a financial coach or guide, they have a legal duty to act in a client's best financial interest, so their advice, fees and potential conflicts can directly affect returns and risk — making their role important for investors who want informed, accountable help with portfolios.
Schedule 13G regulatory
"This statement is filed by Woodline Partners LP on Schedule 13G"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
FAQ
What percentage of Tango Therapeutics (TNGX) does Woodline Partners report owning?
Woodline Partners reports beneficial ownership of 2.5% of Tango Therapeutics’ common stock, based on 162,814,649 shares outstanding, including shares offered under a June 10, 2026 prospectus and previously outstanding shares.
How was the 2.5% ownership in Tango Therapeutics (TNGX) calculated?
The 2.5% ownership is calculated using a total of 162,814,649 Tango shares outstanding, comprising 18,166,667 shares offered via a June 10, 2026 prospectus and 144,647,982 shares outstanding as of May 6, 2026.
What does Item 5 indicate about Woodline Partners’ Tango Therapeutics (TNGX) holdings?
Item 5 indicates that Woodline Partners’ position represents 5 percent or less of Tango Therapeutics’ outstanding common stock, confirming it is below the 5% large-shareholder threshold for this class.
AI-generated analysis. How Rhea-AI works. Not financial advice.