Adage Capital discloses 3.44% Tango Therapeutics (TNGX) stake in 13G/A filing
Rhea-AI Filing Summary
Adage Capital Management, L.P. and related parties report beneficial ownership of Tango Therapeutics, Inc. common stock. Adage Capital Management, Robert Atchinson, and Phillip Gross collectively report beneficial ownership of 5,600,000 shares of common stock, representing 3.44% of the class. All 5,600,000 shares are reported with shared voting and shared dispositive power, and no sole voting or dispositive power. The percentage is based on 162,814,649 shares outstanding, consisting of 18,166,667 shares offered under a June 10, 2026 prospectus and 144,647,982 shares outstanding as of May 6, 2026. The filing indicates ownership of 5 percent or less of Tango’s common stock.
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Key Figures
Shares beneficially owned: 5,600,000 shares
Percent of class: 3.44%
Shares outstanding baseline: 162,814,649 shares
+4 more
7 metrics
Shares beneficially owned
5,600,000 shares
Common Stock of Tango Therapeutics reported by the Reporting Persons
Percent of class
3.44%
Beneficial ownership percentage of Tango Therapeutics common stock
Shares outstanding baseline
162,814,649 shares
Total Tango Therapeutics shares used to calculate ownership percentage
Prospectus offering shares
18,166,667 shares
Common Stock offered under Rule 424(b)(5) prospectus filed June 10, 2026
Shares outstanding as of May 6, 2026
144,647,982 shares
Tango Therapeutics common stock outstanding from Form 10-Q
Shared voting power
5,600,000 shares
Shares over which the Reporting Persons have shared voting power
Sole voting power
0 shares
Shares over which the Reporting Persons have sole voting power
Key Terms
beneficial ownership, shared voting power, shared dispositive power, percent of class, +1 more
5 terms
beneficial ownership financial
"The filing of this statement should not be construed in and of itself as an admission by any Reporting Person as to beneficial ownership"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
percent of class financial
"Percent of class: 3.44%"
Percent of class is the portion of a specific category of securities—such as a company’s common shares, preferred shares, or a bond series—that takes part in or approves a corporate action (vote, consent, tender, etc.). Investors watch this number because it reveals how much support or opposition exists within that particular shareholder group; like counting how many members of a club back a proposal, it can determine whether a plan passes or how influence is distributed.
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.
FAQ
What percentage of Tango Therapeutics (TNGX) does Adage Capital currently own?
The reporting persons state they beneficially own 3.44% of Tango Therapeutics’ common stock. This percentage is calculated using a total of 162,814,649 shares of common stock outstanding, as described in the ownership section.
Does this Schedule 13G/A show Adage Capital over or under 5% of TNGX?
The Schedule 13G/A indicates ownership of 5 percent or less of Tango Therapeutics’ common stock. Specifically, the reported beneficial ownership is 3.44% of the outstanding common shares.
Who are the reporting persons in the Tango Therapeutics (TNGX) Schedule 13G/A?
The filing identifies Adage Capital Management, L.P., and individuals Robert Atchinson and Phillip Gross as the reporting persons, relating to shares directly held by Adage Capital Partners, L.P.
AI-generated analysis. How Rhea-AI works. Not financial advice.