CBLL ranks #4084 out of 37696 tracked stocks by institutional interest, inside the more closely watched half of our coverage.
CBLL is a top-conviction position for ABG-WTT Global Life Science Capital Partners GP Ltd — at 62.6% of their entire disclosed 13F portfolio, it's one of their largest single bets, not just a passing allocation.
The largest dollar stake in CBLL belongs to FMR LLC, but the position matters far more to ABG-WTT Global Life Science Capital Partners GP Ltd, who has 62.6% of their own portfolio riding on it — a reminder that the biggest holder by size and the holder with the biggest bet aren't always the same fund.
Red Tree Management, LLC has added to its CBLL position for two straight quarters, increasing it by $13.4M to reach $53.8M today.
CBLL is down 9.4% today, but institutions show net buying of $23.7M this quarter — a divergence between today's price move and the underlying institutional flow.