Candel Therapeutics, Inc. (CADL)

Accumulating

Strong institutional accumulation: ownership increased +16.25% quarter-over-quarter.

Data as of Q1 2026

Institutional Ownership

59.97%

QoQ Change

+16.25%

Total Value

$214.9B

Shares Outstanding

73.2M

Crowding AnalysisCrowded

Holders114of 5,944

Avg: 68

Uncrowded88th percentileCrowded

Institutional Activity

Buy/Sell Ratio2.79x

74th percentile

81 buying29 selling

+39

New

-8

Closed

+19.9M

Net shares

Holding Period Distribution

estimate

Median: 3 QAvg: 3 QHolders: 114

Ownership Concentration

Top 5: 61.3%Top 10: 80.8%

FMR25.0%

RTW INVESTMENTS,14.6%

ACORN CAPITAL ADVISORS,8.0%

BlackRock,7.1%

Saturn V Capital Management6.6%

Others (109)38.7%

Loading crowding analysis...

Conviction-Weighted Ownership

Median weight: 0.08%Avg weight: 0.87%Max: 4.89%High conviction (>1%): 2

FMR

RTW INVESTMENTS,

ACORN CAPITAL ADVISORS,

BlackRock,

Saturn V Capital Management

Portolan Capital Management,

VANGUARD CAPITAL MANAGEMENT

Vestal Point Capital,

MILLENNIUM MANAGEMENT

GEODE CAPITAL MANAGEMENT,

Loading conviction analysis...

Whale Moves Timeline (8 Quarters)

Biggest dollar-value position changes among top 10 holders

NEWRTW INVESTMENTS$31M6.4M shr

NEWSaturn V Capital Management$14M2.9M shr

BOUGHTFMR$13M2.8M shr

NEWVANGUARD CAPITAL MANAGEMENT$12M2.5M shr

BOUGHTPortolan Capital Management$6M1.2M shr

BOUGHTBlackRock$3M482K shr

BOUGHTPortolan Capital Management$2M311K shr

BOUGHTVANGUARD GROUP$2M298K shr

BOUGHTSTATE STREET$585K103K shr

SOLDCITADEL ADVISORS$292K52K shr

Loading whale moves...

Institutional Trends (8 Quarters)

Loading ownership trends...

Institutional Holders

Loading top holders...