Sutro Biopharma is a clinical-stage oncology company that designs and develops site-specific antibody-drug conjugates (ADCs) and novel-format therapeutics using its proprietary XpressCF and XpressCF+ platforms. Unlike conventional cell-based synthesis, the firm’s technology decouples cell mass production from protein production by using a proprietary highly engineered E. coli extract called XtractCF. This cell-free system allows for the expression of complex mammalian proteins in less than 24 hours, a significant reduction from the 30 to 40 days required by traditional methods. The platform enables the simultaneous expression of thousands of DNA sequences to rapidly evaluate protein structure-activity relationships, optimizing properties such as binding efficiency, stability, and target killing. A key differentiator is the precise incorporation of non-natural amino acids at specific locations, allowing for the creation of homogeneous molecules with optimized "warhead" placement and drug-antibody ratios (DAR) that can exceed eight. Additionally, proteins produced via XpressCF do not bind to the Fc-gamma...
AI-generated summary of Item 1 (Business) from the 10-K filed Mar 23, 2026 — View filing on SEC.gov. May contain errors — refer to the filing for authoritative information.
Across SEC filings
Institutional holders · 13F
Q2 2026| Largest holders | Reported value |
|---|---|
| PERCEPTIVE ADVISORS LLC | $43.3M |
| BVF INC IL | $41.6M |
| Affinity Asset Advisors LLC | $38.9M |
| BlackRock Inc | $37.3M |
| Samsara BioCapital LLC | $35.3M |
5%+ holders · 13D/G
7 filers| Filer | % of class | Filed |
|---|---|---|
| PERCEPTIVE ADVISORS LLC 13G STRO | 7.9% | 2026-08-14 |
| BlackRock Inc 13G STRO | 6.4% | 2026-07-30 |
| Samsara BioCapital L P 13G STRO | 6.4% | 2026-05-15 |
| Kynam Capital Management LP 13G STRO | 5.3% | 2026-05-15 |
| Affinity Asset Advisors LLC 13G STRO | 6.5% | 2026-05-14 |
| BIOTECHNOLOGY VALUE FUND L P 13G STRO | 7.6% | 2026-02-18 |
| Affinity Asset Advisors LLC 13G STRO | 7.8% | 2025-10-23 |
| MILLENNIUM MANAGEMENT LLC 13G STRO | 5.6% | 2025-06-30 |
Latest Schedule 13D or 13G from each filer; stakes a filer has reported closed are left out.
Securities
| CUSIP | Security | Type |
|---|---|---|
| 869367201 | STRO SUTRO BIOPHARMA INC | Common stock |
Insider trades · Form 4
No open-market purchases or sales by Sutro Biopharma insiders in the last 12 months.
Latest filings
- Hans-Peter Gerber 2026-09-22 Exercise
Annual results · 10-K
Fiscal 2025- Revenue
- $102.5M
- Net loss
- -$191.1M
As reported in the fiscal 2025 annual report.
Funds & ETFs · N-PORT
118 funds| Fund | Value | % of fund |
|---|---|---|
| Eventide Healthcare & Life Sciences Fund | $19.4M | 1.09% |
| VANGUARD TOTAL STOCK MARKET INDEX FUND VTI | $16.7M | < 0.01% |
| iShares Russell 2000 ETF IWM | $10.8M | 0.01% |
| VANGUARD EXTENDED MARKET INDEX FUND | $5.9M | < 0.01% |
| Fidelity Small Cap Index Fund | $4.2M | 0.01% |
| iShares Russell 2000 Value ETF IWN | $3.3M | 0.02% |
| Nuveen Quant Small Cap Equity Fund | $3.1M | 0.08% |
| JPMorgan U.S. Small Company Fund | $2.0M | 0.18% |
| Goldman Sachs Small Cap Equity Insights Fund | $1.9M | 0.18% |
| VANGUARD RUSSELL 2000 INDEX FUND VTWO | $1.8M | 0.01% |
118 funds reported holding $91.7M in total on their latest public Form N-PORT reports, the most recent dated August 2026. Security record