RTW Funds disclose 13.3M shares in Tango Therapeutics (NASDAQ: TNGX)
Filing Impact
Filing Sentiment
Form Type
SCHEDULE 13G
Rhea-AI Filing Summary
Tango Therapeutics disclosure: RTW Investments, LP and Roderick Wong report shared beneficial ownership of 13,300,620 shares of Tango Therapeutics common stock, representing 9.3% of the class based on 142,688,851 shares outstanding as of February 26, 2026. The shares are held by RTW Funds and voting/dispositive power is shared; sole voting and sole dispositive power are reported as zero. The statement is filed on behalf of RTW Investments and Dr. Wong and is signed by Dr. Wong on May 15, 2026.
Positive
- None.
Negative
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Key Figures
Shares beneficially owned: 13,300,620 shares
Percent of class: 9.3%
Shares outstanding (used): 142,688,851 shares
+1 more
4 metrics
Shares beneficially owned
13,300,620 shares
RTW Investments and Roderick Wong reported amount
Percent of class
9.3%
Based on 142,688,851 shares outstanding as of February 26, 2026
Shares outstanding (used)
142,688,851 shares
Company figure used for percent calculation as of February 26, 2026
Signature date
May 15, 2026
Filing signed by Roderick Wong
Key Terms
Schedule 13G, Shared Dispositive Power, Beneficially owned
3 terms
Schedule 13G regulatory
"This statement is filed by: RTW Investments, LP ..."
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.
Beneficially owned financial
"Amount beneficially owned: The information required by Item 4(a) is set forth"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
FAQ
What stake does RTW Investments hold in Tango Therapeutics (TNGX)?
RTW Investments and Roderick Wong each report beneficial ownership of 13,300,620 shares, equal to 9.3% of the class based on 142,688,851 shares outstanding as of February 26, 2026. The shares are held by the RTW Funds.
What dates are relevant in the Schedule 13G filing for TNGX?
Shares outstanding used for the percent calculation: February 26, 2026. Filing signature date: May 15, 2026. These dates anchor the ownership percentage and the filing execution.