Bellerophon Therapeutics (BLPH)

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	4.38 mm	4.38 mm	4.38 mm	4.38 mm	4.38 mm	4.38 mm
Cash burn (monthly)	2.06 mm	577.92 k	723.33 k	914.08 k	2.11 mm	1.03 mm
Cash used (since last report)	35.23 mm	9.86 mm	12.34 mm	15.60 mm	36.02 mm	17.55 mm
Cash remaining	-30.85 mm	-5.48 mm	-7.96 mm	-11.22 mm	-31.64 mm	-13.17 mm
Runway (months of cash)	-14.9	-9.5	-11.0	-12.3	-15.0	-12.8

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q2 2023

BLPH institutional ownership history Ownership history

26.7% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	24	21	+14.3%
Opened positions	10	5	+100.0%
Closed positions	7	10	-30.0%
Increased positions	6	6	–
Reduced positions	2	4	-50.0%

13F shares	Current	Prev Q	Change
Total value	580.09 mm	26.55 bn	-97.8%
Total shares	3.26 mm	5.61 mm	-41.8%
Total puts	0.00	0.00
Total calls	0.00	0.00
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
Tang Capital Partners	1.06 mm	$5.31 mm	0.0%
New Mountain Investments II	1.01 mm	$6.73 mm	0.0%
Acadian Asset Management	265.25 k	$182.00 k	NEW
WFC Wells Fargo & Company	200.08 k	$138.05 mm	+0.0%
Vanguard	145.81 k	$100.61 mm	0.0%
BLK BlackRock	129.88 k	$89.62 mm	+34.8%
Two Sigma Investments	103.79 k	$71.61 mm	NEW
Geode Capital Management	95.66 k	$66.00 mm	0.0%
Renaissance Technologies	77.30 k	$53.00 k	-54.5%
NTRS Northern Trust	38.22 k	$26.37 mm	+26.8%

Largest transactions	Shares	Bought/sold	Change
Perceptive Advisors	0.00	-930.00 k	EXIT
MS Morgan Stanley	33.00	-901.43 k	-100.0%
Tang Capital Management	0.00	-893.97 k	EXIT
Acadian Asset Management	265.25 k	+265.25 k	NEW
Two Sigma Investments	103.79 k	+103.79 k	NEW
Renaissance Technologies	77.30 k	-92.60 k	-54.5%
BLK BlackRock	129.88 k	+33.53 k	+34.8%
Advisor	30.61 k	+29.61 k	+2961.4%
Virtu Financial	25.87 k	+25.87 k	NEW
Two Sigma Advisers	14.90 k	+14.90 k	NEW

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

BLPH insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
13 Oct 23	Puissance Capital Management	Common Stock	Sell	Dispose S	No	No	0.1038	1,076,841	111.78 k	0

Data from 3, 4 and 5 filings. Values as filed, not updated for current price.