Instil Bio (TIL) reported a net loss of $4.3 million, or $0.63 per basic and diluted share, for the second quarter ended June 30, 2026. The company reported a net loss of $21.4 million, or $3.24 per share, in the prior-year quarter.
Cash, cash equivalents, restricted cash and marketable securities totaled $69.9 million at June 30, 2026. Instil said it expects its capital resources to fund its operating plan beyond 2027.
- Research and development expense was $0.3 million, compared with $6.7 million a year earlier.
- General and administrative expense was $5.1 million, compared with $6.2 million in the prior-year quarter.
- Restructuring and impairment charges were $0.2 million, compared with $0.5 million a year earlier.
- Instil said it is evaluating potential acquisitions, in-licensing and related opportunities for novel therapeutic candidates.
$TIL Hedge Fund Activity
We have seen 11 institutional investors add shares of $TIL stock to their portfolio, and 17 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- SIREN, L.L.C. removed 203,933 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $1,680,407
- UBS GROUP AG added 171,045 shares (+2681.8%) to their portfolio in Q2 2026, for an estimated $1,315,336
- MILLENNIUM MANAGEMENT LLC removed 109,826 shares (-45.2%) from their portfolio in Q1 2026, for an estimated $904,966
- QUADRATURE CAPITAL LTD removed 19,198 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $158,191
- XTX TOPCO LTD added 13,975 shares (+113.9%) to their portfolio in Q1 2026, for an estimated $115,154
- JANE STREET GROUP, LLC added 11,517 shares (+inf%) to their portfolio in Q1 2026, for an estimated $94,900
- PRELUDE CAPITAL MANAGEMENT, LLC added 10,300 shares (+inf%) to their portfolio in Q1 2026, for an estimated $84,872
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.