Equillium (EQ)

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)	15.45 mm	15.45 mm	15.45 mm	15.45 mm	15.45 mm	15.45 mm
Cash burn (monthly)	(no burn)	1.58 mm	226.33 k	564.17 k	2.55 mm	1.78 mm
Cash used (since last report)	n/a	8.02 mm	1.15 mm	2.87 mm	12.97 mm	9.06 mm
Cash remaining	n/a	7.43 mm	14.30 mm	12.58 mm	2.48 mm	6.39 mm
Runway (months of cash)	n/a	4.7	63.2	22.3	1.0	3.6

Beta Read what these cash burn values mean

Financial data from Equillium earnings reports.

Institutional ownership, Q3 2024

EQ institutional ownership history Ownership history

47.7% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	26	25	+4.0%
Opened positions	7	6	+16.7%
Closed positions	6	7	-14.3%
Increased positions	3	6	-50.0%
Reduced positions	4	4	–

13F shares	Current	Prev Q	Change
Total value	5.65 bn	4.82 bn	+17.1%
Total shares	16.88 mm	12.80 mm	+31.9%
Total puts	0.00	0.00
Total calls	0.00	38.10 k	EXIT
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
Decheng Capital Global Life Sciences Fund IV	5.73 mm	$48.67 mm	0.0%
Decheng Capital	4.45 mm	$3.70 bn	0.0%
Decheng Capital Management IV	4.27 mm	$5.90 mm	NEW
Vanguard	841.95 k	$700.50 mm	0.0%
Cota Capital Management	562.28 k	$467.82 mm	0.0%
Renaissance Technologies	321.17 k	$267.22 mm	+6.9%
Geode Capital Management	204.39 k	$170.08 mm	-5.5%
Acadian Asset Management	108.69 k	$89.00 k	0.0%
Callan Capital	99.69 k	$82.94 mm	0.0%
STT State Street	59.72 k	$49.69 mm	0.0%

Largest transactions	Shares	Bought/sold	Change
Decheng Capital Management IV	4.27 mm	+4.27 mm	NEW
ADAR1 Capital Management	7.32 k	-133.46 k	-94.8%
Susquehanna International	0.00	-43.50 k	EXIT
BlackRock	40.17 k	+40.17 k	NEW
Integrated Wealth Concepts	0.00	-40.00 k	EXIT
BLK BlackRock	0.00	-38.32 k	EXIT
Renaissance Technologies	321.17 k	+20.77 k	+6.9%
GWM Advisors	17.70 k	+17.70 k	NEW
Two Sigma Securities	17.49 k	+17.49 k	NEW
XTX Topco	16.95 k	+16.95 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

EQ insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
14 Feb 25	Barbara Troupin	Director Stock Option Common Stock	Sale back to company	Dispose D	No	No	3.59	40,000	143.60 k	0
14 Feb 25	Barbara Troupin	Director Stock Option Common Stock	Grant	Acquire A	No	No	0.785	40,000	31.40 k	40,000
14 Feb 25	Penny Tom	Employee Stock Option Common Stock	Sale back to company	Dispose D	No	No	1.06	100,000	106.00 k	0
14 Feb 25	Penny Tom	Employee Stock Option Common Stock	Grant	Acquire A	No	No	0.785	100,000	78.50 k	100,000
14 Feb 25	Penny Tom	Employee Stock Option Common Stock	Sale back to company	Dispose D	No	No	2.52	40,000	100.80 k	0
14 Feb 25	Penny Tom	Employee Stock Option Common Stock	Grant	Acquire A	No	No	0.785	40,000	31.40 k	40,000
14 Feb 25	Penny Tom	Employee Stock Option Common Stock	Sale back to company	Dispose D	No	No	3.86	60,000	231.60 k	0
14 Feb 25	Penny Tom	Employee Stock Option Common Stock	Grant	Acquire A	No	No	0.785	60,000	47.10 k	60,000
14 Feb 25	Penny Tom	Employee Stock Option Common Stock	Sale back to company	Dispose D	No	No	5.03	40,000	201.20 k	0
14 Feb 25	Penny Tom	Employee Stock Option Common Stock	Grant	Acquire A	No	No	0.785	40,000	31.40 k	40,000

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