CHRS Coherus Oncology, Inc.

BEARISH Impact: 4/10 Institutional Cluster
Horizon weeks Processed 6d 22h ago
Institutional cluster: 7 buyers, 3 sellers (bullish)
Latest settled — T+1d
CHRS ▼ -2.86% at T+1d
SHORT call ✓ call won +2.86% · α vs SPY +4.62% · entry $1.40 → $1.36
Next anchor: T+5d in 3d
Latest observation: T+2 -0.27% FF3 residual α
Entry anchored
Jun 11, 03:59 PM ET
via Databento tick
T+1d
-2.86%
call +2.86% · α +4.62%
$1.36
settled 4d ago
T+5d
call — · α —
in 3d
T+20d
call — · α —
in 24d
T+60d
call — · α —
in 3mo

Executive Summary

In Q3 2024, a small group of asset managers increased CHRS holdings by $795K, while Temasek Holdings fully exited a $10.1M position. The net institutional flow is negative at $9.3M, with Temasek's exit overwhelming accumulation. Historical analysis shows this ticker has underperformed after institutional cluster filings, suggesting caution.

Key Financial Metrics

Direction
distributing
Buy Value
$1.4M
Sell Value
$10.1M
Net Flow
-$9.3M

Institutional Positions

Net institutional flow: -$9.3M

▲ Buyers (7)

InstitutionActionChangePosition ValueValue Δ
Los Angeles Capital Management DOUBLED +344.1% $967.0K $605.0K
STRS Ohio DOUBLED +263% $357.0K $193.0K

▼ Sellers (3)

InstitutionActionChangePrev ValueValue Δ
Temasek Holdings (Private) EXIT -100% $10.1M -$10.1M
Nisa Investment Advisors NEAR_EXIT -80.6% $36.0K -$31.6K
Pnc Financial Services Group TRIM -64.2% $474.00 -$372.00

Actionable Insight

Temasek's full exit is a strong negative signal reflecting loss of institutional confidence. The 45-day 13F lag means these positions may already be unwound; monitor for further selling or negative catalysts. The small buying side lacks the conviction to offset the sovereign exit.

Key Facts

  • 7 institutional buyers accumulated $1.4M in CHRS (net +$795K) while 3 sellers reduced by $10.1M (net -$9.3M).
  • Temasek Holdings exited a $10.1M position (5.82M shares) — the dominant seller.
  • Los Angeles Capital Management doubled its stake to 930K shares ($967K value).
  • STRS Ohio doubled to 343K shares ($357K value).
  • Nisa Investment Advisors nearly exited (trimmed 80.6% to 4K shares).

Financial Impact

Net institutional selling of $9.3M in Q3 2024, driven by Temasek's full exit of $10.1M offset by $1.4M in accumulation from 7 asset managers.

institutional ownershipfloat

Risk Factors

  • Continued institutional selling pressure given Temasek's complete exit.
  • Low liquidity and high volatility typical of micro-cap biotech.
  • Negative clinical or regulatory news that may have prompted the exit.

Market Snapshot

Exchange
Nasdaq
Sector
Biological Products, (No Diagnostic Substances)
Analyst Consensus
85% bullish (13 analysts)

Documents Analyzed

This report is based on 1 institutional 13F filing from SEC EDGAR.

DocumentAccession Number
INST-CLUSTER Data (Synthetic)inst-cluster-CHRS-2024-Q3
9 reports for CHRS
Performance horizon

Track record builds as more directional reports settle.

Filters
Rows
Reports for CHRS — sortable, filterable
Type Now
Jun 15, 2026
3d ago
8-K
NEUTRAL ★ 3/10
$1.38 $1.39▲ +0.72%▲ +1.97%
Jun 12, 2026
6d ago
Institutional Cluster
BEARISH ★ 4/10
$1.40 $1.36▲ +2.86%▲ +4.62%
May 28, 2026
21d ago
DEFA14A
NEUTRAL ★ 4/10
$1.65 $1.59▼ −3.64%▼ −3.88%
May 11, 2026
5w ago
Press Release
MIXED ★ 6/10
$1.71 $1.71· 0.00%▼ −0.54%
May 5, 2026
6w ago
DEFA14A
NEUTRAL ★ 2/10
$1.75 $1.76▲ +0.57%▲ +0.90%
May 4, 2026
6w ago
Press Release
NEUTRAL ★ 1/10
$1.73 $1.79▲ +3.47%▲ +2.67%
Mar 9, 2026
14w ago
Press Release
BULLISH ★ 8/10
$1.95 $1.78▼ −8.72%▼ −8.61%
Mar 2, 2026
15w ago
Press Release
NEUTRAL ★ 3/10
$1.65 $1.65· 0.00%▲ +0.91%
Feb 28, 2026
15w ago
Institutional Cluster
BULLISH ★ 6/10
$1.65 $1.65· 0.00%▲ +0.91%
Showing 9 of 9

US Market Status

Market Closed — Juneteenth — Opens Mon (77h 19m)

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