Turnstone Biologics (TSBX)

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)	24.25 mm	24.25 mm	24.25 mm	24.25 mm	24.25 mm	24.25 mm
Cash burn (monthly)	(no burn)	1.22 mm	6.12 mm	6.58 mm	(no burn)	1.32 mm
Cash used (since last report)	n/a	6.48 mm	32.52 mm	34.96 mm	n/a	6.99 mm
Cash remaining	n/a	17.77 mm	-8.28 mm	-10.71 mm	n/a	17.26 mm
Runway (months of cash)	n/a	14.6	-1.4	-1.6	n/a	13.1

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q3 2024

TSBX institutional ownership history Ownership history

58.1% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	24	46	-47.8%
Opened positions	3	15	-80.0%
Closed positions	25	8	+212.5%
Increased positions	5	11	-54.5%
Reduced positions	9	14	-35.7%

13F shares	Current	Prev Q	Change
Total value	5.57 bn	29.40 bn	-81.0%
Total shares	13.45 mm	14.70 mm	-8.5%
Total puts	0.00	0.00
Total calls	0.00	0.00
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
Orbimed Advisors	3.10 mm	$1.73 bn	0.0%
Versant Venture Capital V	2.90 mm	$33.05 mm	0.0%
FMR	1.17 mm	$653.47 mm	+3.3%
Partner Fund Management	932.35 k	$519.41 mm	0.0%
Point72 Asset Management	932.23 k	$519.34 mm	-16.7%
BAC Bank of America	911.74 k	$507.84 mm	+0.1%
Citadel Advisors	689.21 k	$383.96 mm	+0.7%
Vanguard	579.00 k	$322.50 mm	0.0%
72 Investment	549.98 k	$306.39 mm	0.0%
Sectoral Asset Management	517.65 k	$288.38 mm	0.0%

Largest transactions	Shares	Bought/sold	Change
Eventide Asset Managment	0.00	-458.32 k	EXIT
Zimmer Partners	0.00	-216.14 k	EXIT
Point72 Asset Management	932.23 k	-186.36 k	-16.7%
NTRS Northern Trust	18.41 k	-75.83 k	-80.5%
GS The Goldman Sachs Group, Inc.	0.00	-73.29 k	EXIT
Geode Capital Management	132.82 k	+60.87 k	+84.6%
Susquehanna International	0.00	-51.29 k	EXIT
BlackRock	42.93 k	+42.93 k	NEW
Kathleen S. Wright Associates	0.00	-42.55 k	EXIT
BLK BlackRock	0.00	-41.34 k	EXIT

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

TSBX insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
3 Jun 24	Gould Robert J	Stock Option Common Stock	Grant	Acquire A	No	No	2.69	12,770	34.35 k	12,770
3 Jun 24	Davis Jerel	Stock Option Common Stock	Grant	Acquire A	No	No	2.69	12,770	34.35 k	12,770
3 Jun 24	Kanya Rajangam	Stock Option Common Stock	Grant	Acquire A	No	No	2.69	12,770	34.35 k	12,770
3 Jun 24	Waddill William D.	Stock Option Common Stock	Grant	Acquire A	No	No	2.69	12,770	34.35 k	12,770
3 Jun 24	Rishi Gupta	Stock Option Common Stock	Grant	Acquire A	No	No	2.69	12,770	34.35 k	12,770

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