Woodline discloses 7.5% Tango Therapeutics (TNGX) stake in 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.
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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.
FAQ
What ownership stake does Woodline Partners report in Tango Therapeutics (TNGX)?
How did Woodline Partners calculate its 7.5% ownership of Tango Therapeutics (TNGX)?
Is Woodline Partners’ 7.5% Tango Therapeutics (TNGX) position passive or activist?
What type of reporting entity is Woodline Partners in this Tango Therapeutics (TNGX) filing?
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