ARCH Venture Management, LLC

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 14, 2025), ARCH Venture Management, LLC reported 11 stock positions worth $299.1 million. Its top holding was Beam Therapeutics (BEAM) at 25.8% of the portfolio, followed by Vir Biotechnology (VIR, 21.8%) and Maze Therapeutics (MAZE, 16.9%). Compared with Q1 2025, it opened 3 new positions and sold out of 1. The biggest buy was a new position in Vir Biotechnology (VIR) and the biggest sale an exit from Cero Therapeutics.

Most Recent 13F
Q2 2026
Location
CHICAGO, IL
CIK
0001274403
Portfolio Value
$299.1M (Q2 2025)
SEC Filing
0001012975-25-000444 ↗ filed Aug 14, 2025

Holdings Value

0$500.0M$1.0B$1.5B Q1 2024: $80.3M Q1 2024 Q2 2024: $266.0M Q2 2024 Q3 2024: $260.6M Q3 2024 Q4 2024: $230.2M Q4 2024 Q1 2025: $206.2M Q1 2025 Q2 2025: $299.1M $299.1M Q2 2025 Q3 2025: $492.4M Q3 2025 Q4 2025: $651.7M Q4 2025 Q1 2026: $677.1M Q1 2026 Q2 2026: $1.1B Q2 2026

Holdings 11 stocks · $299.1M

BEAM Beam Therapeutics Inc. 25.82% 4,540,132 $77.2M No change
VIR Vir Biotechnology Inc. 21.76% 12,916,663 $65.1M New
MAZE Maze Therapeutics Inc. 16.91% 4,120,053 $50.6M No change
RAPP Rapport Therapeutics Inc. 14.19% 3,728,738 $42.4M No change
VERV Verve Therapeutics Inc. 7.54% 2,008,809 $22.6M No change
LYEL Lyell Immunopharma Inc. 5.39% 1,820,634 $16.1M New
ERAS Erasca Inc. 4.71% 11,055,554 $14.1M No change
GOSS Gossamer Bio Inc. 3.31% 8,055,916 $9.9M No change
QTTB Q32 Bio Inc. 0.16% 320,482 $478K No change
UNBX Unity Biotechnology Inc. 0.13% 1,004,817 $386K No change
CERO Cero Therapeutics Holdings I 0.07% 22,389 $216K New

Portfolio Sells Q1 2025 → Q2 2025

CERO THERAPEUTICS HLDGS INC Sold out 0.00% −0.01

Portfolio Buys Q1 2025 → Q2 2025

VIR Vir Biotechnology Inc. New 21.76% +21.76
LYEL Lyell Immunopharma Inc. New 5.39% +5.39
CERO Cero Therapeutics Holdings I New 0.07% +0.07

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 12$1.1BPBLS, BEAM, RAPP, SPTX, ERAS
Q1 2026 10$677.1MMAZE, RAPP, VIR, ERAS, BEAM
Q4 2025 9$651.7MMAZE, BEAM, RAPP, LYEL, VIR
Q3 2025 9$492.4MRAPP, BEAM, MAZE, VIR, LYEL
Q2 2025 11$299.1MBEAM, VIR, MAZE, RAPP, VERV
Q1 2025 9$206.2MBEAM, MAZE, RAPP, ERAS, VERV
Q4 2024 9$230.2MBEAM, RAPP, ERAS, VERV, GOSS
Q3 2024 9$260.6MBEAM, RAPP, ERAS, QTTB, VERV
Q2 2024 9$266.0MBEAM, RAPP, ERAS, VERV, GOSS
Q1 2024 8$80.3MVERV, ERAS, GOSS, DNLI, QTTB