Candel Therapeutics, Inc. (CADL) Ownership

NASDAQ: CADLTop holders, insider trades and short interest.

CADL ownership summary

as of October 18, 2026
Institutions
67.7%
of shares outstanding
Insiders
14.65%
of shares outstanding
Shares outstanding
76.5M
Float
60.2M
shares available to trade
Short interest
21.85%
13.0M shares short
Days to cover
11.02
short interest up 5.3% vs prior month
  • Institutions 67.67%
  • Insiders 14.65%
  • Other investors 17.68%

CADL top institutional holders

20 largest
Candel Therapeutics, Inc. top institutional holders
#Holder% of sharesSharesValueChangeReported
1FMR Inc14.36%11.0M$90.0M+3,518 (+0.0%)June 30, 2026
2RTW INVESTMENTS, LLC8.39%6.4M$52.6M—June 30, 2026
3BlackRock Inc6.49%5.0M$40.7M+1.9M (+59.8%)June 30, 2026
4State Street Corp4.64%3.5M$29.1M+2.7M (+333.7%)June 30, 2026
5Portolan Capital Management, LLC4.56%3.5M$28.6M+596,073 (+20.6%)June 30, 2026
6Saturn V Capital Management LLC4.32%3.3M$27.1M+407,098 (+14.1%)June 30, 2026
7Vanguard Capital Management, LLC3.52%2.7M$22.1M+231,283 (+9.4%)June 30, 2026
8Geode Capital Management, LLC2.05%1.6M$12.9M+535,586 (+51.7%)June 30, 2026
9Millennium Management LLC1.43%1.1M$9.0M+33,819 (+3.2%)June 30, 2026
10Halter Ferguson Financial Inc1.01%772K$6.3M−131,590 (−14.6%)June 30, 2026
11Northern Trust Corp0.64%492K$4.0M+169,311 (+52.4%)June 30, 2026
12Kennedy Capital Management Inc0.64%488K$4.0M+395,666 (+427.2%)June 30, 2026
13Vanguard Portfolio Management, LLC0.57%437K$3.6M+168,901 (+63.0%)June 30, 2026
14Vanguard Fiduciary Trust Co0.54%412K$3.4M+131,658 (+46.9%)June 30, 2026
15Sands Capital Ventures, LLC0.53%406K$3.3M—June 30, 2026
16The Goldman Sachs Group Inc0.40%305K$2.5M+77,695 (+34.1%)June 30, 2026
17Marshall Wace Asset Management Ltd0.39%301K$2.5M+300,641 (0.0%)June 30, 2026
18Arete Wealth Advisors, LLC0.38%290K$2.4M+289,663 (0.0%)June 30, 2026
19Bank of America Corp0.36%279K$2.3M+231,542 (+488.5%)June 30, 2026
20Susquehanna International Group, LLP0.30%228K$1.9M+114,966 (+101.8%)June 30, 2026

Value at the latest close. Change = shares bought or sold in the latest quarterly filing (13F). In the top 20, 17 holders added 8.3M shares and 1 cut 132K.

CADL top mutual fund and ETF holders

20 largest
Candel Therapeutics, Inc. top fund holders
#Holder% of sharesSharesValueChangeReported
1Fidelity Select Biotechnology6.36%4.9M$39.8M—August 31, 2026
2Fidelity Growth Company Fund2.99%2.3M$18.8M+182,783 (+8.7%)August 31, 2026
3State Street® SPDR® S&P® Biotech ETF2.87%2.2M$18.0M−41,900 (−1.9%)September 30, 2026
4Vanguard MStar Total Stk Mkt Idx Invest2.57%2.0M$16.1M—August 31, 2026
5Strategic Advisers U.S. Total Stock2.50%1.9M$15.7M—August 31, 2026
6iShares Russell 2000 ETF2.17%1.7M$13.6M−19,136 (−1.1%)September 30, 2026
7Fidelity Small Cap Index0.91%693K$5.7M+5,423 (+0.8%)July 31, 2026
8Fidelity Growth Company K60.86%659K$5.4M+54,483 (+9.0%)August 31, 2026
9Fidelity Series Growth Company0.79%603K$4.9M+47,009 (+8.5%)August 31, 2026
10iShares Russell 2000 Growth ETF0.72%548K$4.5M−694 (−0.1%)September 30, 2026
11iShares Biotechnology ETF0.62%472K$3.9M−3,576 (−0.8%)September 30, 2026
12Schwab US Small-Cap ETF™0.49%376K$3.1M+252 (+0.1%)September 30, 2026
13MEDICAL BioHealth EUR Acc0.48%371K$3.0M−92,228 (−19.9%)August 31, 2026
14Vanguard Russell 2000 ETF0.48%365K$3.0M+8,916 (+2.5%)August 31, 2026
15Fidelity Extended Market Index0.36%279K$2.3M−3,554 (−1.3%)August 31, 2026
16BANOR SICAV Rosemary S EUR Acc0.36%272K$2.2M−137,900 (−33.6%)June 30, 2026
17Stt Strt®SPDR®S&PKenshoNwEcosComposETF0.34%263K$2.2M—September 30, 2026
18iShares Micro-Cap ETF0.26%200K$1.6M−1,378 (−0.7%)September 30, 2026
19Schwab Small Cap Index0.20%154K$1.3M—August 31, 2026
20Stt Strt SPDR® Russell2000 US SmCapETF0.17%128K$1.0M+6,112 (+5.0%)August 31, 2026

Funds report holdings monthly or quarterly; dates differ by fund.

CADL insider transactions

latest 3
Candel Therapeutics, Inc. insider transactions
DateNameTransactionPriceSharesValue
2026-02-23Paul B ManningBuy$5.45550,458$3.0M
2025-07-28William Garrett NicholsSell$6.98937$6,540
2025-06-30William Garrett NicholsSell$5.04781$3,936

Reported trades by company officers, directors and other filers (including disclosures by members of Congress where EODHD lists them). "—" where the filing gives no share count.

CADL shares outstanding

Shares outstanding

Year-end shares outstanding, adjusted for splits.

Who owns CADL

Institutional investors own 67.7% of Candel Therapeutics's shares and insiders 14.65%. The largest holder is FMR Inc with 14.36% of the shares (11.0M), as of June 30, 2026. Among the top 20 institutions, 17 added shares and 1 reduced their stake in the latest filings. Short interest is 21.85% of the float, or 11.02 days of average trading volume. The share count rose 372.6% since 2020.

Related: CADL analyst forecast, CADL key metrics. See the CADL stock overview for the latest quote and news.

CADL ownership FAQ

Who owns the most Candel Therapeutics stock?

The largest shareholders of Candel Therapeutics are FMR Inc (14.36%), RTW INVESTMENTS, LLC (8.39%), BlackRock Inc (6.49%), State Street Corp (4.64%), Portolan Capital Management, LLC (4.56%).

What percentage of Candel Therapeutics is owned by institutions?

Institutions hold 67.7% of Candel Therapeutics's shares outstanding; insiders hold 14.65%.

Which funds own Candel Therapeutics?

The largest fund holders of Candel Therapeutics are Fidelity Select Biotechnology (6.36%), Fidelity Growth Company Fund (2.99%), State Street® SPDR® S&P® Biotech ETF (2.87%), Vanguard MStar Total Stk Mkt Idx Invest (2.57%), Strategic Advisers U.S. Total Stock (2.50%).

What is Candel Therapeutics's short interest?

13.0M shares of Candel Therapeutics were sold short, 21.85% of the float; at the average daily volume it would take 11.02 days to cover.

Are insiders buying or selling Candel Therapeutics?

Of the latest 3 reported insider transactions in Candel Therapeutics (since June 30, 2025), 1 were purchases and 2 were sales.

How many shares of Candel Therapeutics are outstanding?

Candel Therapeutics has 76.5M shares outstanding, of which 60.2M are in the public float.

Biotechnology: ownership