Spruce Biosciences, Inc. (SPRB) Ownership

NASDAQ: SPRBTop holders, insider trades and short interest.

SPRB ownership summary

as of October 18, 2026
Institutions
76.9%
of shares outstanding
Insiders
3.37%
of shares outstanding
Shares outstanding
2.9M
Float
2.0M
shares available to trade
Short interest
15.17%
432K shares short
Days to cover
4.02
short interest up 3.7% vs prior month
  • Institutions 76.87%
  • Insiders 3.37%
  • Other investors 19.76%

SPRB top institutional holders

20 largest
Spruce Biosciences, Inc. top institutional holders
#Holder% of sharesSharesValueChangeReported
1AIGH Capital Management, LLC8.70%250K$9.9M+250,000 (0.0%)June 30, 2026
2Orbimed Advisors LLC6.96%200K$7.9M+200,000 (0.0%)June 30, 2026
3BlackRock Inc6.54%188K$7.4M+170,898 (+1,009.0%)June 30, 2026
4Millennium Management LLC5.60%161K$6.4M+49,093 (+43.9%)June 30, 2026
5Ikarian Capital, LLC4.22%121K$4.8M—June 30, 2026
6Vanguard Capital Management, LLC4.15%119K$4.7M+100,994 (+550.8%)June 30, 2026
7Alyeska Investment Group, L.P.2.84%82K$3.2M+30,000 (+58.1%)June 30, 2026
8Geode Capital Management, LLC2.45%71K$2.8M+57,659 (+447.4%)June 30, 2026
9ADAR1 Capital Management LLC2.36%68K$2.7M+9,117 (+15.6%)June 30, 2026
10Cable Car Capital LLC2.09%60K$2.4M+60,000 (0.0%)June 30, 2026
11Citadel Advisors Llc1.81%52K$2.1M−18,094 (−25.8%)June 30, 2026
12State Street Corp1.76%50K$2.0M+45,050 (+834.3%)June 30, 2026
13BOOTHBAY FUND MANAGEMENT, LLC1.46%42K$1.7M—June 30, 2026
14StemPoint Capital LP1.44%41K$1.6M+28,668 (+225.4%)June 30, 2026
15Eversept Partners, LP1.39%40K$1.6M+40,000 (0.0%)June 30, 2026
16The Carlyle Group Inc1.34%39K$1.5M—June 30, 2026
17The Goldman Sachs Group Inc1.13%32K$1.3M+26,842 (+487.5%)June 30, 2026
18Affinity Asset Advisors, LLC1.04%30K$1.2M+30,000 (0.0%)June 30, 2026
19Diadema Partners LP1.04%30K$1.2M+20,000 (+200.0%)June 30, 2026
20Stonepine Capital Management Llc1.00%29K$1.1M+28,795 (0.0%)June 30, 2026

Value at the latest close. Change = shares bought or sold in the latest quarterly filing (13F). In the top 20, 16 holders added 1.1M shares and 1 cut 18K.

SPRB top mutual fund and ETF holders

20 largest
Spruce Biosciences, Inc. top fund holders
#Holder% of sharesSharesValueChangeReported
1Vanguard MStar Total Stk Mkt Idx Invest2.96%85K$3.4M—August 31, 2026
2iShares Russell 2000 ETF2.40%69K$2.7M−768 (−1.1%)September 30, 2026
3Biotech Growth Ord2.36%68K$2.7M—June 30, 2026
4Fidelity Small Cap Index1.03%30K$1.2M+260 (+0.9%)July 31, 2026
5iShares Russell 2000 Value ETF0.62%18K$706,960+28 (+0.2%)September 30, 2026
6Vanguard Russell 2000 ETF0.54%16K$618,421+360 (+2.4%)August 31, 2026
7Fidelity Extended Market Index0.46%13K$520,723−71 (−0.5%)August 31, 2026
8iShares Micro-Cap ETF0.27%7,853$311,371−54 (−0.7%)September 30, 2026
9Schwab Small Cap Index0.24%6,797$269,501—August 31, 2026
10iShares Russell 2000 Growth ETF0.23%6,587$261,175−8 (−0.1%)September 30, 2026
11Fidelity Total Market Index0.22%6,370$252,570—August 31, 2026
12iShares Russell 2000 Small-Cap Idx Instl0.18%5,082$201,501—August 31, 2026
13Fidelity Series Total Market Index0.15%4,256$168,750−649 (−13.2%)August 31, 2026
14Dimensional US Small Cap ETF0.13%3,751$148,727—September 30, 2026
15Nuveen Small Cap Blend Idx R60.13%3,660$145,119—August 31, 2026
16EQ/2000 Managed Volatility IB0.10%2,934$116,333—August 31, 2026
17Fidelity Small Cap Value Index0.10%2,837$112,487—July 31, 2026
18Xtrackers Russell 2000 ETF 1C0.09%2,489$98,689+105 (+4.4%)August 31, 2026
19DFA US Micro Cap I0.08%2,219$87,983+251 (+12.8%)August 31, 2026
20LVIP SSgA Small Cap Index Std0.07%2,100$83,265+2,100 (0.0%)June 30, 2026

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

SPRB insider transactions

latest 2
Spruce Biosciences, Inc. insider transactions
DateNameTransactionPriceSharesValue
2025-10-06Parkman Healthcare Partners LlBuy$17.91256$4,585
2025-10-06Parkman Healthcare Partners LlSell$19.14257$4,919

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.

SPRB shares outstanding

Shares outstanding

Year-end shares outstanding, adjusted for splits.

Who owns SPRB

Institutional investors own 76.9% of Spruce Biosciences's shares and insiders 3.37%. The largest holder is AIGH Capital Management, LLC with 8.70% of the shares (250K), as of June 30, 2026. Among the top 20 institutions, 16 added shares and 1 reduced their stake in the latest filings. Short interest is 15.17% of the float, or 4.02 days of average trading volume. The share count rose 29.5% since 2019.

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

SPRB ownership FAQ

Who owns the most Spruce Biosciences stock?

The largest shareholders of Spruce Biosciences are AIGH Capital Management, LLC (8.70%), Orbimed Advisors LLC (6.96%), BlackRock Inc (6.54%), Millennium Management LLC (5.60%), Ikarian Capital, LLC (4.22%).

What percentage of Spruce Biosciences is owned by institutions?

Institutions hold 76.9% of Spruce Biosciences's shares outstanding; insiders hold 3.37%.

Which funds own Spruce Biosciences?

The largest fund holders of Spruce Biosciences are Vanguard MStar Total Stk Mkt Idx Invest (2.96%), iShares Russell 2000 ETF (2.40%), Biotech Growth Ord (2.36%), Fidelity Small Cap Index (1.03%), iShares Russell 2000 Value ETF (0.62%).

What is Spruce Biosciences's short interest?

432K shares of Spruce Biosciences were sold short, 15.17% of the float; at the average daily volume it would take 4.02 days to cover.

Are insiders buying or selling Spruce Biosciences?

Of the latest 2 reported insider transactions in Spruce Biosciences (since October 6, 2025), 1 were purchases and 1 were sales.

How many shares of Spruce Biosciences are outstanding?

Spruce Biosciences has 2.9M shares outstanding, of which 2.0M are in the public float.

Biotechnology: ownership