TANG CAPITAL MANAGEMENT LLC

Holdings History for HERON THERAPEUTICS, INC. /DE/ - Common Stock, par value $0.01 per share (HRTX)

Symbol: HRTX on Nasdaq
Investment type: Equity / Common Stock, par value $0.01 per share

Shares, Excluding Options vs Price

Value, Excluding Options

Holdings date	Weight	Change	Value $	Shares	Change	Activity %	Price	All Holders
31 Dec 2025	0.4%	+0.18%	$8,125,000	6,250,000	+2,800,000	+81%	$1.30	Q4 2025
30 Sep 2025	0.17%	+0.06%	$4,347,000	3,450,000	+1,314,541	+62%	$1.26	Q3 2025
30 Jun 2025	0.22%	-0.01%	$4,420,400	2,135,459	-100,000	-4.5%	$2.07	Q2 2025
31 Mar 2025	0.27%	+0.01%	$4,918,010	2,235,459	+95,188		$2.20	Q1 2025
31 Dec 2024	0.22%	+0.03%	$3,274,615	2,140,271	+290,271	+16%	$1.53	Q4 2024
30 Sep 2024	0.26%	0%	$3,681,500	1,850,000	0		$1.99	Q3 2024
30 Jun 2024	0.66%	0%	$6,475,000	1,850,000	0		$3.50	Q2 2024
31 Mar 2024	0.53%	0%	$5,124,500	1,850,000	0		$2.77	Q1 2024
31 Dec 2023	0.29%	0%	$3,145,000	1,850,000	0		$1.70	Q4 2023
30 Sep 2023	0.27%	0%	$1,905,500	1,850,000	0		$1.03	Q3 2023
30 Jun 2023	0.32%	+0.22%	$2,146,000	1,850,000	+1,300,000	+236%	$1.16	Q2 2023
31 Mar 2023	0.12%	-0.72%	$830,500	550,000	-3,205,934	-85%	$1.51	Q1 2023
31 Dec 2022	1.4%	-1.1%	$9,389,835	3,755,934	-3,084,066	-45%	$2.50	Q4 2022
30 Sep 2022	3.5%	+1.6%	$28,865,000	6,840,000	+3,120,000	+84%	$4.22	Q3 2022
30 Jun 2022	1.6%	0%	$10,379,000	3,720,000	0		$2.79	Q2 2022
31 Mar 2022	4.3%	-4.7%	$21,278,000	3,720,000	-4,062,928	-52%	$5.72	Q1 2022
31 Dec 2021	14%	-0.23%	$71,058,000	7,782,928	-124,159	-1.6%	$9.13	Q4 2021
30 Sep 2021	18%	0%	$84,527,000	7,907,087	0		$10.69	Q3 2021
30 Jun 2021	24%	+24%	$122,718,000	7,907,087	+7,907,087	NEW	$15.52	Q2 2021
31 Dec 2020		-7.8%	$0	0	-2,896,904	-100%	$1.26	Q4 2020
30 Sep 2020	7.8%	0%	$42,932,000	2,896,904	0		$14.82	Q3 2020
30 Jun 2020	4.1%	0%	$42,613,000	2,896,904	0		$14.71	Q2 2020
31 Mar 2020	4.8%	-3.5%	$34,010,000	2,896,904	-2,120,299	-42%	$11.74	Q1 2020
31 Dec 2019	14%	-1.4%	$117,904,000	5,017,203	-496,893	-9%	$23.50	Q4 2019
30 Sep 2019	17%	-0.73%	$102,011,000	5,514,096	-230,000	-4%	$18.50	Q3 2019
30 Jun 2019	14%	0%	$106,783,000	5,744,096	0		$18.59	Q2 2019
31 Mar 2019	26%	-0.34%	$140,386,000	5,744,096	-74,445	-1.3%	$24.44	Q1 2019
31 Dec 2018	35%	-0.79%	$150,933,000	5,818,541	-132,285	-2.2%	$25.94	Q4 2018
30 Sep 2018	31%	0%	$188,343,000	5,950,826	0		$31.65	Q3 2018
30 Jun 2018		0%	$335,952	8,647,398	0		$0.04 ^*	Q2 2018
31 Mar 2018		0%	$238,692	8,648,252	0		$0.03 ^*	Q1 2018
31 Dec 2017		0%	$153,242	8,466,377	0		$0.02 ^*	Q4 2017
30 Sep 2017	43%	0%	$139,596,000	8,643,739	0		$16.15	Q3 2017
30 Jun 2017	42%	-0.05%	$119,716,000	8,643,739	-11,175	-0.13%	$13.85	Q2 2017
31 Mar 2017	47%	+13%	$129,824,000	8,654,914	+2,457,716	+40%	$15.00	Q1 2017
31 Dec 2016	43%	0%	$81,183,000	6,197,198	0		$13.10	Q4 2016
30 Sep 2016	44%	0%	$106,778,000	6,197,198	0		$17.23	Q3 2016
30 Jun 2016	50%	+8.1%	$111,860,000	6,197,198	+1,006,361	+19%	$18.05	Q2 2016
31 Mar 2016	45%	0%	$98,574,000	5,190,837	0		$18.99	Q1 2016
31 Dec 2015	55%	0%	$138,595,000	5,190,837	0		$26.70	Q4 2015
30 Sep 2015	47%	0%	$126,657,000	5,190,837	0		$24.40	Q3 2015
30 Jun 2015	49%	+2.6%	$161,746,000	5,190,837	+271,212	+5.5%	$31.16	Q2 2015
31 Mar 2015	38%	0%	$71,580,000	4,919,625	0		$14.55	Q1 2015
31 Dec 2014	27%	0%	$49,491,000	4,919,625	0		$10.06	Q4 2014
30 Sep 2014	21%	0%	$40,980,000	4,919,625	0		$8.33	Q3 2014
30 Jun 2014	28%	+2.9%	$60,610,000	4,919,625	+510,638	+12%	$12.32	Q2 2014
31 Mar 2014	30%	+30%	$61,329,000	4,408,987	+4,408,987	NEW	$13.91	Q1 2014

* Reported Price is the price of the security as of the portfolio date. This value is significant in that it is the last known price at which the security was still held.
An asterisk sign (*) next to the price indicates that the price is likely invalid.