# TALPHERA INC (TLPH)

> Institutional ownership reported to the SEC as of Q2 2026, from Form 13F filings. Source: https://holderbook.com/stocks/TLPH/

- Reporting holders: 53
- Reported value: $29.5M
- Shares held by institutions: 28,268,360 of 51,905,796 outstanding
- Held through calls: 0.6%
- Held through puts: 0.6%

A 13F reports long US equity positions only. Shorts, bonds, foreign listings and cash are not visible here, and positions are disclosed up to 45 days after the quarter ends.

## Largest holders

| Manager | Value | Shares | Share of their book | Quarters held |
|---|---|---|---|---|
| [Nantahala Capital Management, LLC](https://holderbook.com/funds/1472322-nantahala-capital-management-llc/) | $7.2M | 6,985,038 | 0.1% | 12 |
| [Rosalind Advisors, Inc.](https://holderbook.com/funds/1622627-rosalind-advisors-inc/) | $5.3M | 5,169,501 | 2.0% | 11 |
| [AIGH Capital Management LLC](https://holderbook.com/funds/1835943-aigh-capital-management-llc/) | $4.7M | 4,601,502 | 0.3% | 4 |
| [Rock Springs Capital Management LP](https://holderbook.com/funds/1595725-rock-springs-capital-management-lp/) | $3.7M | 3,589,186 | 0.2% | 15 |
| [CANTOR FITZGERALD, L. P.](https://holderbook.com/funds/1024896-cantor-fitzgerald-l-p/) | $1.8M | 1,774,962 | 0.0% | 3 |
| [Bleichroeder LP](https://holderbook.com/funds/1781002-bleichroeder-lp/) | $1.3M | 1,307,787 | 0.2% | 6 |
| [Dauntless Investment Group, LLC](https://holderbook.com/funds/2044285-dauntless-investment-group-llc/) | $768.4K | 746,051 | 0.6% | 4 |
| [VANGUARD CAPITAL MANAGEMENT LLC](https://holderbook.com/funds/2100119-vanguard-capital-management-llc/) | $722.9K | 701,877 | 0.0% | 2 |
| [Caption Management, LLC](https://holderbook.com/funds/1706766-caption-management-llc/) | $530.4K | 514,969 | 0.0% | 4 |
| [Almitas Capital LLC](https://holderbook.com/funds/1596468-almitas-capital-llc/) | $481.2K | 467,152 | 0.1% | 2 |
| [GEODE CAPITAL MANAGEMENT, LLC](https://holderbook.com/funds/1214717-geode-capital-management-llc/) | $442.0K | 429,062 | 0.0% | 15 |
| [Shay Capital LLC](https://holderbook.com/funds/1723643-shay-capital-llc/) | $417.9K | 405,764 | 0.0% | 2 |
| [CITADEL ADVISORS LLC](https://holderbook.com/funds/1423053-citadel-advisors-llc/) | $244.3K | 0 | 0.0% | 4 |
| [VANGUARD FIDUCIARY TRUST CO](https://holderbook.com/funds/933478-vanguard-fiduciary-trust-co/) | $229.0K | 222,372 | 0.0% | 2 |
| [GSA CAPITAL PARTNERS LLP](https://holderbook.com/funds/1362033-gsa-capital-partners-llp/) | $216.0K | 209,355 | 0.0% | 3 |
| [DIADEMA PARTNERS LP](https://holderbook.com/funds/2026172-diadema-partners-lp/) | $158.2K | 153,563 | 0.0% | 3 |
| [UBS Group AG](https://holderbook.com/funds/1610520-ubs-group-ag/) | $133.8K | 129,916 | 0.0% | 15 |
| [RENAISSANCE TECHNOLOGIES LLC](https://holderbook.com/funds/1037389-renaissance-technologies-llc/) | $116.7K | 113,300 | 0.0% | 7 |
| [Mariner, LLC](https://holderbook.com/funds/1373442-mariner-llc/) | $103.0K | 100,000 | 0.0% | 4 |
| [SUSQUEHANNA INTERNATIONAL GROUP, LLP](https://holderbook.com/funds/1446194-susquehanna-international-group-llp/) | $100.6K | 75,691 | 0.0% | 4 |
| [BlackRock, Inc.](https://holderbook.com/funds/2012383-blackrock-inc/) | $94.3K | 91,548 | 0.0% | 8 |
| [NORTHERN TRUST CORP](https://holderbook.com/funds/73124-northern-trust-corp/) | $90.9K | 88,296 | 0.0% | 15 |
| [Values First Advisors, Inc.](https://holderbook.com/funds/1913608-values-first-advisors-inc/) | $82.1K | 79,685 | 0.0% | 15 |
| [JANE STREET GROUP, LLC](https://holderbook.com/funds/1595888-jane-street-group-llc/) | $60.2K | 10,654 | 0.0% | 3 |
| [Universal- Beteiligungs- und Servicegesellschaft mbH](https://holderbook.com/funds/2057170-universal-beteiligungs-und-servicegesellschaft-mbh/) | $51.5K | 50,000 | 0.0% | 1 |

## Quarter by quarter

| Quarter | Holders | Reported value |
|---|---|---|
| Q2 2026 | 53 | $29.5M |
| Q1 2026 | 47 | $16.5M |
| Q4 2025 | 39 | $25.8M |
| Q3 2025 | 37 | $16.1M |
| Q2 2025 | 31 | $2.4M |
| Q1 2025 | 34 | $2.7M |
| Q4 2024 | 35 | $2.2M |
| Q3 2024 | 29 | $3.6M |
| Q2 2024 | 31 | $5.7M |
| Q1 2024 | 32 | $4.7M |
| Q4 2023 | 32 | $8.0M |
| Q3 2023 | 31 | $5.4M |