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Woodline discloses 7.5% Tango Therapeutics (TNGX) stake in 13G/A

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13G/A

Rhea-AI Filing Summary

Woodline Partners LP filed an amended beneficial ownership report showing a significant passive stake in Tango Therapeutics, Inc.. Woodline reports beneficial ownership of 10,072,225 shares of Tango common stock, representing 7.5% of the class.

The percentage is calculated using 134,677,094 shares of common stock outstanding as of November 1, 2025, as disclosed in a company registration statement. Woodline, a Delaware investment adviser, reports sole voting and dispositive power over these shares, which are directly held by Woodline Master Fund LP.

The filing states the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of Tango Therapeutics. Woodline Master Fund has the right to receive dividends and sale proceeds from more than 5% of the common stock.

Positive

  • None.

Negative

  • None.

Insights

Woodline reports a 7.5% passive stake in Tango, a routine but notable ownership disclosure.

Woodline Partners LP, an investment adviser, reports beneficial ownership of 10,072,225 shares of Tango Therapeutics common stock, equal to 7.5% of the company’s outstanding shares based on 134,677,094 shares outstanding as of November 1, 2025. Woodline has sole voting and dispositive power over this position, which is held through Woodline Master Fund LP.

The filing uses the passive ownership framework, with Woodline certifying that the securities are held in the ordinary course of business and not to change or influence control of Tango. This positions Woodline as a large institutional holder rather than an activist. The Woodline Fund has the right to receive dividends and proceeds from the sale of more than 5% of the common stock, so economic exposure is concentrated there.

This type of Schedule 13G/A is typically administrative and does not, by itself, signal a change in corporate strategy or capital structure. Future ownership updates, if any, would appear in subsequent beneficial ownership reports or company filings as share counts or holder concentrations change over time.






Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)






SCHEDULE 13G





SCHEDULE 13G



Woodline Partners LP
Signature:/s/ Erin Mullen
Name/Title:Erin Mullen, General Counsel & Chief Compliance Officer
Date:02/17/2026

FAQ

What ownership stake does Woodline Partners report in Tango Therapeutics (TNGX)?

Woodline Partners reports beneficial ownership of 10,072,225 shares of Tango Therapeutics common stock, representing 7.5% of the outstanding class. This stake is based on 134,677,094 Tango shares outstanding as of November 1, 2025, as disclosed in a company registration statement.

How did Woodline Partners calculate its 7.5% ownership of Tango Therapeutics (TNGX)?

The 7.5% figure is calculated using 10,072,225 Tango shares beneficially owned by Woodline compared with 134,677,094 shares of common stock outstanding. The outstanding share count comes from Tango’s Form S-3 registration statement dated November 21, 2025, which reports shares outstanding as of November 1, 2025.

Is Woodline Partners’ 7.5% Tango Therapeutics (TNGX) position passive or activist?

Woodline certifies the Tango stake is held in the ordinary course of business and not for the purpose of changing or influencing control. The filing states the securities were not acquired and are not held in connection with any transaction intended to affect control of the issuer.

Who actually holds the Tango Therapeutics (TNGX) shares reported by Woodline Partners?

The common stock is directly held by Woodline Master Fund LP. Woodline Partners LP, a Delaware limited partnership, is the investment adviser to the fund and reports sole voting and dispositive power over 10,072,225 Tango shares on behalf of the Woodline Fund.

What rights does Woodline Master Fund have regarding Tango Therapeutics (TNGX) shares?

Woodline Master Fund has the right to receive, or direct the receipt of, dividends and proceeds from the sale of more than 5% of Tango’s common stock. This reflects the fund’s economic interest in the shares for which Woodline Partners reports beneficial ownership.

What type of reporting entity is Woodline Partners in this Tango Therapeutics (TNGX) filing?

Woodline Partners is identified as an investment adviser organized as a Delaware limited partnership. It files the ownership report in that capacity, indicating it qualifies as an investment adviser under Rule 13d-1(b)(1)(ii)(E) for purposes of beneficial ownership reporting.
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Biotechnology
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