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5%+ stakes · Schedule 13D and 13G

Korsana Biosciences, Inc.: 5%+ holders

Who has reported owning 5% or more of Korsana Biosciences, Inc., from Schedule 13D and 13G filings: each holder's stake as filed, the timeline, and the purpose each 13D states, quoted.

At 5% or more9
Filings10
Latest filing2026-09-18

Korsana Biosciences, Inc. has 10 Schedule 13D or 13G filings on record since 2025-08-14. 9 holders' latest filing reports 5% or more of common stock, no par value per share. Each figure below is the holder's own, as filed, with the filing linked.

Holders

HolderPercentSharesLatestEvent date
Fairmount Funds Management LLC19.99%9,103,729SCHEDULE 13D, 2026-09-112026-09-08
Peter M. Hecht19.4%910,240SCHEDULE 13D/A, 2026-07-202026-07-16
Fmr LLC15%649,547SCHEDULE 13G, 2026-05-072026-04-30
Venrock Healthcare Capital Partners III, L.P.9.9%4,552,277SCHEDULE 13D, 2026-09-152026-09-08
Balyasny Asset Management L.P.7.33%317,511SCHEDULE 13G, 2026-08-142026-06-30
ADAR1 Capital Management, LLC7%298,757SCHEDULE 13G, 2026-08-142026-06-30
General Atlantic, L.P.6.8%3,201,131SCHEDULE 13G, 2026-09-182026-09-08
Wellington Biomedical Innovation Master Investors (Cayman) II, L.P.6.1%2,775,788SCHEDULE 13G, 2026-09-162026-09-09
J. Wood Capital Advisors LLC5.4%181,818SCHEDULE 13G, 2025-10-172025-03-25
Tyndall Capital Partners, L.P.4.8%155,187SCHEDULE 13G/A, 2025-08-142025-06-30

Purpose of Transaction (Item 4)

Fairmount Funds Management LLC

The Reporting Persons own 19.99% of the Company in the aggregate, based upon the Company's aggregate outstanding shares as of September 8, 2026. The Reporting Persons' securities include (a) 2,691 shares of Common Stock issuable upon the exercise of options held directly by Mr. Kiselak that are currently exercisable or will be exercisable within 60 days of the date of this filing, (b) 6,911,174 shares of Common Stock directly held by Fund II and (c) 2,192,555 shares of Common Stock directly held by Co-Invest, and exclude (i) 2,074,000 shares of Common Stock issuable upon conversion of 2,074 shares of Series B Preferred Stock directly held by Fund II and (ii) 66,436 shares of Common Stock issuable upon exercise of Pre-Funded Warrants directly held by Fund II. The exercise of the Pre-Funded Warrants is subject to a beneficial ownership limitation of 19.99% of the outstanding shares of Common Stock and the conversion of the Series B Preferred Stock is subject to a beneficial ownership limitation of 19.99% of the outstanding shares of Common Stock. The securities exclude shares of Common Stock issuable upon exercise of Pre-Funded Warrants and conversion of Series B Preferred Stock in excess of such beneficial ownership limitations. At such time as Fairmount and its affiliates beneficially own 9.0% or less of the outstanding shares of Common Stock, the beneficial ownership limitation with respect to the Series B Preferred Stock will automatically reduce to 9.99%. Mr. Kiselak …The first part of Item 4 of the SCHEDULE 13D filed 2026-09-11; the filing has the rest

Venrock Healthcare Capital Partners III, L.P.

The Reporting Persons purchased the aforementioned securities for investment purposes with the aim of increasing the value of their investments and the Issuer. Subject to applicable legal requirements, one or more of the Reporting Persons may purchase additional securities of the Issuer from time to time in open market or private transactions, depending on its evaluation of the Issuer's business, prospects and financial condition, the market for the Issuer's securities, other developments concerning the Issuer, the reaction of the Issuer to the Reporting Persons' ownership of the Issuer's securities, other opportunities available to the Reporting Persons, and general economic, money market and stock market conditions. In addition, depending upon the factors referred to above, the Reporting Persons may dispose of all or a portion of their securities of the Issuer at any time (including by means of programs adopted pursuant to Rule 10b5-1 under the Securities Exchange Act of 1934 (the "Act")). Each of the Reporting Persons reserves the right to increase or decrease its holdings on such terms and at such times as each may decide. Except as set forth in this Item 4 and Item 6 below, none of the Reporting Persons has a present plan or proposal that relates to or would result in any of the actions specified in clauses (a) through (j) of Item 4 of Schedule 13D of the Act. However, each of the Reporting Persons reserves the right to propose or participate in future transactions …The first part of Item 4 of the SCHEDULE 13D filed 2026-09-15; the filing has the rest

Timeline

FiledHolderPercentFiling
2025-08-14Tyndall Capital Partners, L.P.4.8%SCHEDULE 13G/A
2025-10-17J. Wood Capital Advisors LLC5.4%SCHEDULE 13G
2026-05-07Fmr LLC15%SCHEDULE 13G
2026-07-20Peter M. Hecht19.4%SCHEDULE 13D/A
2026-08-14ADAR1 Capital Management, LLC7%SCHEDULE 13G
2026-08-14Balyasny Asset Management L.P.7.33%SCHEDULE 13G
2026-09-11Fairmount Funds Management LLC19.99%SCHEDULE 13D
2026-09-15Venrock Healthcare Capital Partners III, L.P.9.9%SCHEDULE 13D
2026-09-16Wellington Biomedical Innovation Master Investors (Cayman) II, L.P.6.1%SCHEDULE 13G
2026-09-18General Atlantic, L.P.6.8%SCHEDULE 13G

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Where this comes from

Anyone who comes to own more than 5% of a class of a listed company's voting shares has to tell the SEC. A holder who may seek to change or influence the company files Schedule 13D, and has to say in Item 4, "Purpose of Transaction", what it intends to do. A holder with no such intent, such as many index and passive funds, may file the shorter Schedule 13G. Both are amended when the stake changes, including when it falls below 5%.

Every row here is one of those filings, linked to the filing itself. Percentages and share counts are exactly as the holder filed them, for the holder the filing names; an amendment showing a lower figure is shown as filed. Item 4 text is quoted word for word. Where a 13D's Item 4 contains a sentence stating a definite intent to influence the company, that sentence is marked and quoted; the page does not describe the holder or its motives beyond the words it filed. Nothing here is investment advice.

Cite this page

Permanent URL: https://mentionfox.com/stakes/korsana-biosciences
Last updated 2026-09-27
Primary record: SEC filing 1 · SEC filing 2 · SEC filing 3 · SEC filing 4
Korsana Biosciences, Inc. 5%+ holders: 9 at 5% or more, largest Fairmount Funds Management LLC 19.99%. MentionFox, 2026-09-27. https://mentionfox.com/stakes/korsana-biosciences