TENX · NASDAQ · Biotechnology

Tenax Therapeutics (TENX)

Develops oral levosimendan in Phase 3 trials for PH-HFpEF.

$1.92
Pre-market+0.07 (+4.07%)
At close$1.85(+2.50%)

Breakdown13F · 13D/G · Form 4

Institutions81 holders · as of Mar 31, 202680.02%21.23M shares
Insiders6 holders · as of Jul 14, 20260.17%45.6K shares
Strategic holders1 holder · as of Jan 10, 20251.32%351.1K shares
Otherremainder18.49%4.90M shares

26.53M company shares as of Aug 21, 2026 · institutions as of Mar 31, 2026 · holders as of their latest filing

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesEvidence
Price T Rowe Associates Inc /MD/Institution
11.13%2.95M13Fas of Mar 31, 2026
Janus Henderson Group PLCInstitution
6.84%1.82M13Fas of Mar 31, 2026
VR Adviser, LLCInstitution
6.32%1.68M13Fas of Mar 31, 2026
Perceptive Advisors LLCInstitution
5.46%1.45M13Fas of Mar 31, 2026
Ikarian Capital, LLCInstitution
3.84%1.02M13Fas of Mar 31, 2026
Stonepine Capital Management, LLCInstitution
3.68%975,20013Fas of Mar 31, 2026
Logos Global Management LPInstitution
2.36%625,00013Fas of Mar 31, 2026
Morgan StanleyInstitution
2.25%596,56413Fas of Mar 31, 2026
Velan Capital Investment Management LPInstitution
2.20%583,33313Fas of Mar 31, 2026
Adage Capital Partners GP, L.L.C.Institution
2.04%540,12613Fas of Mar 31, 2026
Point72 Asset Management, L.P.Institution
2.01%533,96513Fas of Mar 31, 2026
Millennium Management LLCInstitution
2.01%533,88913Fas of Mar 31, 2026
Armistice Capital, LLCInstitution
1.81%478,82713Fas of Mar 31, 2026
Siren, L.L.C.Institution
1.61%427,14113Fas of Mar 31, 2026
TD Asset Management IncInstitution
1.50%399,18413Fas of Mar 31, 2026
UBS Group AGInstitution
1.44%381,41913Fas of Mar 31, 2026
RTW Investments, LPInstitution
1.40%370,24613Fas of Mar 31, 2026
Boothbay Fund Management, LLCInstitution
1.38%366,79113Fas of Mar 31, 2026
Marshall Wace, LLPInstitution
1.33%352,57213Fas of Mar 31, 2026
Dellora Investments LPStrategic10 percent owner
1.32%351,071Form 4filed Jan 10, 2025
BVF Inc/ILInstitution
1.28%339,54913Fas of Mar 31, 2026
Great Point Partners LLCInstitution
1.23%327,30713Fas of Mar 31, 2026
Woodline Partners LPInstitution
1.22%323,91113Fas of Mar 31, 2026
FMR LLCInstitution
1.22%322,60013Fas of Mar 31, 2026
Ameriprise Financial IncInstitution
1.05%279,53713Fas of Mar 31, 2026

13F — a manager's quarterly holdings · Form 4 — an insider's transaction report

Institutions13F, as of Mar 31, 2026

81 holders · 21.23M shares · 33 new positions · 59 increased · 5 reduced · 2 closed

HolderShares% outstandingChg q/qFiled
Price T Rowe Associates Inc /MD/2.95M11.13%+2.95MnewMay 15, 2026
Janus Henderson Group PLC1.82M6.84%+1.65MMay 18, 2026
VR Adviser, LLC1.68M6.32%+1.68MMay 15, 2026
Perceptive Advisors LLC1.45M5.46%+1.01MMay 29, 2026
Ikarian Capital, LLC1.02M3.84%+50.0KMay 15, 2026
Stonepine Capital Management, LLC975.2K3.68%+963.3KMay 14, 2026
Logos Global Management LP625.0K2.36%+625.0KnewMay 15, 2026
Morgan Stanley596.6K2.25%+188May 15, 2026

Ownership statements13D/G · 5% or more, as filed

Holder% of classSharesFormFiled
FMR LLC14.90%3.94M13GJul 8, 2026
Janus Henderson Group PLC9.99%623.7K13GDec 8, 2025
Adage Capital Management, L.P.incl. Robert Atchinson, Phillip Gross9.99%369.1K13GNov 12, 2024
RTW Investments, LP9.90%1.87M13GMay 15, 2026
Venrock Healthcare Capital Partners III, L.P.9.90%1.96M13GMay 15, 2026
Vestal Point Capital, LP9.90%2.47M13GNov 14, 2025
Biotechnology Value Fund L P9.20%1.75M13GMay 15, 2026
ING Groep N.V.7.05%2.64M13GAug 27, 2026
Ikarian Capital, LLC6.70%1.15M13GApr 7, 2026
BlackRock, Inc.6.40%1.71M13GJul 30, 2026
Millennium Management LLC5.80%2.16M13GAug 18, 2026
Perceptive Advisors LLC5.50%1.45M13GMay 15, 2026
Sphera Funds Management Ltd.5.33%1.99M13GAug 27, 2026

Insider tradesForm 4

Latest trades

DateInsiderTypeSharesAvg priceOwned after
Sep 2, 2026
ADAR1 Capital Management, LLC10 percent owner
Purchase187,704$1.805,624,151
Sep 1, 2026
ADAR1 Capital Management, LLC10 percent owner
Purchase179,058$1.805,436,447
Aug 31, 2026
ADAR1 Capital Management, LLC10 percent owner
Purchase403,571$1.795,257,389
Aug 24, 2026
ADAR1 Capital Management, LLC10 percent owner
Purchase107,374$1.754,853,818
Aug 21, 2026
ADAR1 Capital Management, LLC10 percent owner
Purchase716,369$1.774,746,444
Aug 20, 2026
ADAR1 Capital Management, LLC10 percent owner
Purchase202,124$1.784,030,075
Dec 8, 2025
Stuart Richdirector, officer: Chief Medical Officer
Purchase2,500$10.105,000
Dec 9, 2025
Stuart Richdirector, officer: Chief Medical Officer
Purchase2,500$10.225,266
Dec 2, 2025
Stuart Richdirector, officer: Chief Medical Officer
Purchase1,000$9.011,266
Dec 4, 2025
Stuart Richdirector, officer: Chief Medical Officer
Purchase2,500$9.202,500

CongressHouse and Senate disclosures

Not reported.