Deerfield Management Company, L.P.

In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 14, 2024), Deerfield Management Company, L.P. reported 430 stock positions worth $6.0 billion. Its top holding was Nuvalent Class A (NUVL) at 33.9% of the portfolio, followed by Viatris (VTRS, 4.6%) and Centene (CNC, 3.3%). Compared with Q2 2024, it opened 246 new positions, sold out of 234, added to 85 and reduced 72. The biggest buy was a new position in Indivior (INDV) and the biggest sale an exit from Gilead Sciences (GILD).

Most Recent 13F
Q2 2026
Location
New York, NY
CIK
0001009258
Portfolio Value
$6.0B (Q3 2024)
SEC Filing
0001213900-24-098387 ↗ filed Nov 14, 2024

Holdings Value

0$2.0B$4.0B$6.0B$8.0B$10.0B Q1 2024: $5.2B Q1 2024 Q2 2024: $5.2B Q2 2024 Q3 2024: $6.0B $6.0B Q3 2024 Q4 2024: $4.7B Q4 2024 Q1 2025: $4.4B Q1 2025 Q2 2025: $4.9B Q2 2025 Q3 2025: $6.0B Q3 2025 Q4 2025: $6.8B Q4 2025 Q1 2026: $7.2B Q1 2026 Q2 2026: $8.0B Q2 2026

Holdings 430 stocks · $6.0B
NUVL Nuvalent Inc. Class A 33.86% 19,991,024 $2.0B No change
VTRS Viatris Inc. 4.61% 23,993,023 $278.6M Add +12.1%
CNC Centene Corp. 3.31% 2,652,189 $199.7M Add +0.1%
MRUS Merus NV 2.82% 3,408,539 $170.3M Add +24.0%
OSCR Oscar Health Inc. Class A 2.76% 7,851,675 $166.5M Add +12.8%
SPRY Ars Pharmaceuticals Inc. 2.66% 11,077,927 $160.6M No change
NBIX Neurocrine Biosciences Inc. 2.51% 1,316,590 $151.7M Add +90.5%
LRMR Larimar Therapeutics Inc. 2.30% 21,231,974 $139.1M No change
WAY Waystar Holding Corp. 2.29% 4,952,004 $138.1M No change
RVMD Revolution Medicines Inc. 2.19% 2,912,692 $132.1M Reduce -5.7%
ALHC Alignment Healthcare Inc. 2.12% 10,854,985 $128.3M Reduce -0.4%
CPRX Catalyst Pharmaceuticals Inc. 2.05% 6,229,634 $123.8M Reduce -31.8%
AHCO Adapthealth Corp. 1.81% 9,711,410 $109.1M Reduce -26.8%
BKD Brookdale Senior Living Inc. 1.76% 15,612,264 $106.0M No change
KURA Kura Oncology Inc. 1.75% 5,411,571 $105.7M No change
IDYA Ideaya Biosciences Inc. 1.36% 2,594,000 $82.2M Add +23.7%
ACH Accendra Health Inc. filed as OWENS & MINOR INC NEW 1.28% 4,911,979 $77.1M Reduce -22.9%
BAX Baxter International Inc. 1.21% 1,923,100 $73.0M Add +21.9%
BCRX Biocryst Pharmaceuticals Inc. 1.02% 8,135,804 $61.8M No change
SGRY Surgery Partners Inc. 0.95% 1,780,287 $57.4M Reduce -62.2%
CVS CVS Health Corp. 0.91% 874,800 $55.0M Reduce -10.3%
CGEM Cullinan Therapeutics Inc. 0.91% 3,280,000 $54.9M Reduce -0.0%
BIO Bio-Rad Laboratories-A 0.84% 151,575 $50.7M Reduce -0.1%
IRON Disc Medicine Inc. 0.83% 1,023,265 $50.3M No change
INDV Indivior Ltd. 0.82% 5,092,642 $49.7M New
EWTX Edgewise Therapeutics Inc. 0.79% 1,781,006 $47.5M Reduce -38.0%
BCAX Bicara Therapeutics Inc. 0.76% 1,795,174 $45.7M New
CNMD Conmed Corp. 0.73% 614,890 $44.2M Reduce -2.6%
LKFT Lakefront Biotherapeutic-ADR filed as GALAPAGOS NV 0.67% 1,411,000 $40.6M No change
COGT Cogent Biosciences Inc. 0.67% 3,744,263 $40.4M No change
ALNY Alnylam Pharmaceuticals Inc. 0.66% 145,000 $39.9M Add +21.0%
EHAB Enhabit Inc. 0.65% 4,997,746 $39.5M No change
EMBC Embecta Corp. 0.64% 2,730,343 $38.5M Add +0.1%
PHVS Pharvaris NV 0.62% 2,031,700 $37.6M Add +45.4%
CATX Perspective Therapeutics Inc. 0.62% 2,817,763 $37.6M No change
GPCR Structure Therapeutics Inc. 0.61% 844,407 $37.1M No change
DAWN Day One Biopharmaceuticals I 0.60% 2,617,713 $36.5M Reduce -10.4%
TXG 10X Genomics Inc. Class A 0.56% 1,508,943 $34.1M Add +152.8%
CGON CG Oncology Inc. 0.53% 850,695 $32.1M Add +96.2%
DCGO Docgo Inc. 0.50% 9,066,138 $30.1M Add +26.0%
FHTX Foghorn Therapeutics Inc. 0.47% 3,027,886 $28.2M Add +20.2%
MREO Mereo Biopharma Group PL-ADR 0.46% 6,710,429 $27.6M No change
SVRA Savara Inc. 0.45% 6,465,777 $27.4M New
INMD Inmode Ltd. 0.44% 1,578,708 $26.8M Add +35.3%
PACS Pacs Group Inc. 0.44% 663,851 $26.5M No change
ZBIO Zenas Biopharma Inc. 0.44% 1,562,942 $26.4M New
LNTH Lantheus Holdings Inc. 0.44% 240,218 $26.4M No change
PCVX Vaxcyte Inc. 0.43% 225,000 $25.7M New
PODD Insulet Corp. 0.42% 109,600 $25.5M Reduce -2.5%
BNTX Biontech SE-ADR 0.34% 174,500 $20.7M Reduce -70.6%
DYN Dyne Therapeutics Inc. 0.26% 435,653 $15.6M New
RXRX Recursion Pharmaceuticals-A 0.25% 2,315,000 $15.3M New
NAMS Newamsterdam Pharma Co. NV 0.25% 901,750 $15.0M Add +3.7%
VTYX Ventyx Biosciences Inc. 0.24% 6,715,501 $14.6M Add +15.2%
CON Concentra Group Holdings Par 0.24% 650,000 $14.5M New
ACCD Accolade Inc. 0.22% 3,475,000 $13.4M No change
AUTL Autolus Therapeutics PLC 0.22% 3,639,000 $13.2M No change
FATE Fate Therapeutics Inc. 0.21% 3,555,871 $12.4M No change
PHR Phreesia Inc. 0.21% 544,448 $12.4M Add +183.1%
TNGX Tango Therapeutics Inc. 0.20% 1,540,000 $11.9M No change
NKTX Nkarta Inc. 0.16% 2,155,000 $9.7M Reduce -43.3%
PRLD Prelude Therapeutics Inc. 0.13% 3,766,120 $7.8M Reduce -8.9%
ALEC Alector Inc. 0.08% 1,055,192 $4.9M Reduce -8.1%
KYTX Kyverna Therapeutics Inc. 0.07% 918,892 $4.5M Reduce -53.7%
CALC Calcimedica Inc. 0.07% 1,000,000 $4.4M No change
INSM Insmed Inc. 0.06% 52,861 $3.9M Add +365.4%
PRME Prime Medicine Inc. 0.06% 896,960 $3.5M No change
ANNX Annexon Inc. 0.06% 583,913 $3.5M No change
HLVX Hillevax Inc. 0.05% 1,882,654 $3.3M Reduce -53.0%
AEROVATE THERAPEUTICS INC 0.05% 1,411,608 $3.0M No change
OMIC Singular Genomics Systems Inc. 0.04% 166,162 $2.6M No change
MLAB Mesa Laboratories Inc. 0.04% 19,664 $2.6M Add +449.1%
AIN Albany Intl Corp. Class A 0.04% 26,848 $2.4M Add +112.2%
FTRE Fortrea Holdings Inc. 0.03% 105,470 $2.1M New
NVDA Nvidia Corp. 0.03% 16,318 $2.0M Add +56.9%
CENT Central Garden & Pet Co. 0.03% 53,827 $2.0M New
AFCG Advanced Flower Capital Inc. filed as AFC GAMMA INC 0.03% 191,162 $2.0M New
BIOMX INC 0.03% 1,787,610 $1.8M Add +192.6%
OTTR Otter Tail Corp. 0.03% 22,452 $1.8M Add +78.1%
WSO Watsco Inc. 0.03% 3,401 $1.7M New
DFIN Donnelley Financial Solution 0.03% 24,968 $1.6M New
UAA Under Armour Inc. Class A 0.03% 184,457 $1.6M New
LOW Lowe's Cos Inc. 0.03% 5,913 $1.6M Reduce -27.1%
FBNC First Bancorp 0.03% 38,451 $1.6M New
OXM Oxford Industries Inc. 0.03% 18,184 $1.6M Add +83.1%
PREMIER INC-CLASS A 0.03% 78,878 $1.6M New
IEX Idex Corp. 0.03% 7,106 $1.5M New
BDX Becton Dickinson and Co. 0.03% 6,312 $1.5M Add +26.3%
PRVA Privia Health Group Inc. 0.02% 79,941 $1.5M New
BYRN Byrna Technologies Inc. 0.02% 85,037 $1.4M New
ANDE The Andersons Inc. 0.02% 28,632 $1.4M Add +36.6%
MMS Maximus Inc. 0.02% 15,377 $1.4M Add +13.4%
ODFL Old Dominion Freight Line 0.02% 7,199 $1.4M New
JOE The St Joe Co. 0.02% 24,428 $1.4M New
WEAV Weave Communications Inc. 0.02% 108,555 $1.4M New
EXAS Exact Sciences Corp. 0.02% 20,341 $1.4M New
IDXX Idexx Laboratories Inc. 0.02% 2,643 $1.3M Add +38.1%
USNA Usana Health Sciences Inc. 0.02% 34,136 $1.3M Add +14.8%
LFMD Lifemd Inc. 0.02% 241,329 $1.3M Add +499.0%
STRO Sutro Biopharma Inc. Com SHS 0.02% 359,919 $1.2M New
COLL Collegium Pharmaceutical Inc. 0.02% 31,696 $1.2M Add +138.4%
MMM 3M Co. 0.02% 8,875 $1.2M New
LEA Lear Corp. 0.02% 11,067 $1.2M Add +99.2%
DHIL Diamond Hill Investment Grp 0.02% 7,404 $1.2M New
NVAX Novavax Inc. 0.02% 92,597 $1.2M New
LTH Life Time Group Holdings Inc. 0.02% 47,343 $1.2M Add +43.8%
MATV Mativ Holdings Inc. 0.02% 68,020 $1.2M Add +260.3%
ARCB Arcbest Corp. 0.02% 10,614 $1.2M New
MNKD Mannkind Corp. 0.02% 182,776 $1.1M Reduce -7.0%
AMPL Amplitude Inc. Class A 0.02% 127,474 $1.1M New
SAM Boston Beer Company Inc. Class A 0.02% 3,876 $1.1M New
ACHC Acadia Healthcare Co. Inc. 0.02% 17,673 $1.1M New
DT Dynatrace Inc. 0.02% 20,722 $1.1M New
HTO H2O America filed as SJW GROUP 0.02% 19,014 $1.1M New
STLN Starling Oncology Inc. filed as THE ONCOLOGY INSTITUTE INC 0.02% 3,360,052 $1.1M No change
TT Trane Technologies PLC 0.02% 2,799 $1.1M New
HNRG Hallador Energy Co. 0.02% 112,711 $1.1M Add +175.6%
TWST Twist Bioscience Corp. 0.02% 23,424 $1.1M Add +20.4%
ED Consolidated Edison Inc. 0.02% 10,098 $1.1M New
JCI Johnson Controls Internation 0.02% 13,530 $1.1M New
SCS Steelcase Inc. Class A 0.02% 77,692 $1.0M New
CNXC Concentrix Corp. 0.02% 20,438 $1.0M Add +132.7%
HCKT The Hackett Group Inc. 0.02% 39,550 $1.0M New
PLAB Photronics Inc. 0.02% 41,813 $1.0M New
VEEV Veeva Systems Inc. Class A 0.02% 4,854 $1.0M Add +13.1%
ABSI Absci Corp. 0.02% 265,382 $1.0M Add +44.9%
NUS Nu Skin Enterprises Inc. Class A 0.02% 137,145 $1.0M Add +919.4%
BBDC Barings BDC Inc. 0.02% 102,058 $1.0M Add +508.6%
UPBD Upbound Group Inc. 0.02% 31,004 $992K New
EYE National Vision Holdings Inc. 0.02% 90,091 $983K New
GPN Global Payments Inc. 0.02% 9,580 $981K New
WAFD Wafd Inc. 0.02% 28,005 $976K New
NTNX Nutanix Inc. Class A 0.02% 16,429 $973K Add +15.6%
AMED Amedisys Inc. 0.02% 10,072 $972K New
KLIC Kulicke & Soffa Industries 0.02% 21,531 $972K New
XEL Xcel Energy Inc. 0.02% 14,782 $965K New
HQY Healthequity Inc. 0.02% 11,781 $964K New
CDNA Caredx Inc. 0.02% 30,871 $964K New
MRK Merck & Co. Inc. 0.02% 8,482 $963K New
BANC Banc of California Inc. 0.02% 65,140 $960K New
ZS Zscaler Inc. 0.02% 5,600 $957K New
HLIO Helios Technologies Inc. 0.02% 19,995 $954K New
PPBI Pacific Premier Bancorp Inc. 0.02% 37,705 $949K New
GRC Gorman-Rupp Co. 0.02% 24,253 $945K New
ADBE Adobe Inc. 0.02% 1,823 $944K Reduce -7.0%
COF Capital One Financial Corp. 0.02% 6,291 $942K New
ADMA Adma Biologics Inc. 0.02% 47,016 $940K Reduce -20.6%
CRS Carpenter Technology 0.02% 5,864 $936K New
ALG Alamo Group Inc. 0.02% 5,148 $927K New
PETQ Petiq Inc. 0.02% 30,082 $926K New
TECH Bio-Techne Corp. 0.02% 11,531 $922K Reduce -14.8%
DBRG Digitalbridge Group Inc. 0.02% 64,839 $916K New
TRDA Entrada Therapeutics Inc. 0.02% 57,331 $916K New
CMAXQ Caremax Inc. 0.01% 530,232 $901K No change
MU Micron Technology Inc. 0.01% 8,627 $895K Add +27.0%
CFG Citizens Financial Group 0.01% 21,678 $890K Reduce -12.9%
SMPL The Simply Good Foods Co. 0.01% 25,494 $886K Add +29.6%
MRCY Mercury Systems Inc. 0.01% 23,851 $882K Add +125.7%
VLTO Veralto Corp. 0.01% 7,814 $874K New
MAX Mediaalpha Inc. Class A 0.01% 48,093 $871K Add +74.1%
SWK Stanley Black & Decker Inc. 0.01% 7,879 $868K New
CAH Cardinal Health Inc. 0.01% 7,849 $867K New
USPH U.S. Physical Therapy Inc. 0.01% 10,214 $864K New
SYNA Synaptics Inc. 0.01% 11,099 $861K New
NBBK NB Bancorp Inc. 0.01% 46,371 $861K New
WRB WR Berkley Corp. filed as BERKLEY W R CORP 0.01% 15,155 $860K New
KBR KBR Inc. 0.01% 13,173 $858K New
DG Dollar General Corp. 0.01% 10,132 $857K Add +40.7%
ESAB Esab Corp. 0.01% 8,056 $856K New
DE Deere & Co. 0.01% 2,051 $856K Add +29.1%
NVRI Enviri Corp. 0.01% 82,364 $852K New
SKYT Skywater Technology Inc. 0.01% 93,357 $848K New
COST Costco Wholesale Corp. 0.01% 945 $838K New
WDFC WD-40 Co. 0.01% 3,233 $834K New
HTLD Heartland Express Inc. 0.01% 67,828 $833K New
KWR Quaker Chemical Corporation 0.01% 4,935 $831K Reduce -62.1%
VREX Varex Imaging Corp. 0.01% 69,617 $830K Add +5.7%
TFSL TFS Financial Corp. 0.01% 64,210 $826K New
PPG PPG Industries Inc. 0.01% 6,216 $823K New
NKE Nike Inc. Class B 0.01% 9,310 $823K New
OI O-I Glass Inc. 0.01% 62,673 $822K New
MODVQ Modivcare Inc. 0.01% 56,686 $809K Add +623.4%
ORIC Oric Pharmaceuticals Inc. 0.01% 78,435 $804K New
SMP Standard Motor Prods 0.01% 24,213 $804K New
ZBH Zimmer Biomet Holdings Inc. 0.01% 7,403 $799K Add +5.8%
PGNY Progyny Inc. 0.01% 47,535 $797K Add +200.7%
STRA Strategic Education Inc. 0.01% 8,604 $796K Add +142.4%
UBER Uber Technologies Inc. 0.01% 10,476 $787K Reduce -17.6%
TWO Two Harbors Investment Corp. filed as TWO HBRS INVT CORP 0.01% 56,550 $785K New
COR Cencora Inc. 0.01% 3,485 $784K New
MRVL Marvell Technology Inc. 0.01% 10,840 $782K Add +223.1%
ESE Esco Technologies Inc. 0.01% 6,044 $780K New
AQST Aquestive Therapeutics Inc. 0.01% 155,145 $773K Add +6.2%
OMCL Omnicell Inc. 0.01% 17,651 $770K Reduce -43.9%
CRM Salesforce Inc. 0.01% 2,806 $768K Add +76.6%
AMAL Amalgamated Financial Corp. 0.01% 24,294 $762K Reduce -45.4%
PMT Pennymac Mortgage Investment 0.01% 53,221 $759K Add +5.4%
KRYS Krystal Biotech Inc. 0.01% 4,166 $758K Add +159.6%
RSG Republic Services Inc. 0.01% 3,771 $757K New
PEBO Peoples Bancorp Inc. 0.01% 25,004 $752K New
BVS Bioventus Inc. Class A 0.01% 62,917 $752K New
SLM SLM Corp. 0.01% 32,798 $750K New
AHR American Healthcare REIT Inc. 0.01% 28,623 $747K New
HCSG Healthcare Services Group 0.01% 66,786 $746K New
DAR Darling Ingredients Inc. 0.01% 20,072 $746K New
EVTC Evertec Inc. 0.01% 21,941 $744K New
OPCH Option Care Health Inc. 0.01% 23,613 $739K Add +118.3%
YUMC Yum China Holdings Inc. 0.01% 16,412 $739K New
PM Philip Morris International 0.01% 6,082 $738K New
KMB Kimberly-Clark Corp. 0.01% 5,157 $734K Reduce -28.9%
TSLA Tesla Inc. 0.01% 2,789 $730K New
USAP Universal Stainless & Alloy 0.01% 18,774 $725K Reduce -71.1%
SIGI Selective Insurance Group 0.01% 7,742 $722K New
RMD Resmed Inc. 0.01% 2,933 $716K Reduce -61.3%
TGT Target Corp. 0.01% 4,577 $713K New
PLD Prologis Inc. 0.01% 5,618 $709K New
HUBG Hub Group Inc. Class A 0.01% 15,555 $707K Add +13.0%
CPAY Corpay Inc. 0.01% 2,259 $707K Add +117.4%
HNST The Honest Co. Inc. 0.01% 197,756 $706K Add +31.7%
LECO Lincoln Electric Holdings 0.01% 3,664 $704K New
USAC USA Compression Partners LP 0.01% 30,692 $703K New
OSUR Orasure Technologies Inc. 0.01% 161,812 $691K Add +6.5%
HRZN Horizon Technology Finance C 0.01% 64,708 $689K New
EL Estee Lauder Companies Class A filed as LAUDER ESTEE COS INC 0.01% 6,912 $689K New
NOC Northrop Grumman Corp. 0.01% 1,294 $683K Reduce -45.2%
BRBR Bellring Brands Inc. 0.01% 11,235 $682K Add +3.9%
EW Edwards Lifesciences Corp. 0.01% 10,332 $682K New
CYTK Cytokinetics Inc. 0.01% 12,884 $680K Add +195.1%
SPR Spirit Aerosystems Hold Class A 0.01% 20,923 $680K Add +97.7%
BIIB Biogen Inc. 0.01% 3,504 $679K Add +276.4%
PARAA Paramount Global Class B 0.01% 62,516 $664K New
TRMB Trimble Inc. 0.01% 10,689 $664K New
CG The Carlyle Group Inc. 0.01% 15,332 $660K New
PRCT Procept Biorobotics Corp. 0.01% 8,190 $656K Reduce -2.8%
BMRN Biomarin Pharmaceutical Inc. 0.01% 9,255 $651K Reduce -5.9%
SAIC Science Applications Inte 0.01% 4,650 $648K Reduce -47.8%
ELAN Elanco Animal Health Inc. 0.01% 43,127 $634K New
MA Mastercard Inc. Class A 0.01% 1,280 $632K New
EBS Emergent Biosolutions Inc. 0.01% 75,642 $632K New
MS Morgan Stanley 0.01% 6,049 $631K New
EVER Everquote Inc. Class A 0.01% 29,712 $627K New
HROW Harrow Inc. 0.01% 13,863 $623K Reduce -45.5%
ZYME Zymeworks Inc. 0.01% 49,546 $622K New
HBI Hanesbrands Inc. 0.01% 83,238 $612K New
BL Blackline Inc. 0.01% 11,079 $611K Add +24.9%
VTLE Vital Energy Inc. 0.01% 22,667 $610K New
RIOT Riot Platforms Inc. 0.01% 82,063 $609K Add +251.7%
ZIMV Zimvie Inc. 0.01% 38,329 $608K New
MKSI MKS Inc. filed as MKS INSTRS INC 0.01% 5,541 $602K New
BROS Dutch Bros Inc. Class A 0.01% 18,742 $600K New
AVXL Anavex Life Sciences Corp. 0.01% 105,484 $599K Add +28.8%
MITK Mitek Systems Inc. 0.01% 68,913 $597K New
TTWO Take-Two Interactive Softwre 0.01% 3,785 $582K Add +190.9%
UTI Universal Technical Institut 0.01% 35,726 $581K New
SPOK Spok Holdings Inc. filed as SPOK HLDGS INC 0.01% 38,344 $577K New
CRI Carter's Inc. 0.01% 8,867 $576K New
ACCO Acco Brands Corp. 0.01% 103,905 $568K New
REI Ring Energy Inc. 0.01% 354,659 $567K New
POST Post Holdings Inc. filed as POST HLDGS INC 0.01% 4,850 $561K Add +142.9%
RDN Radian Group Inc. 0.01% 16,147 $560K New
ACI Albertsons Cos Inc. Class A 0.01% 30,061 $556K Reduce -12.6%
CYRX Cryoport Inc. 0.01% 68,143 $553K Add +127.3%
SBUX Starbucks Corp. 0.01% 5,665 $552K New
BFAM Bright Horizons Family Solut 0.01% 3,937 $552K New
AMR Alpha Metallurgical Resource 0.01% 2,319 $548K New
MDXG Mimedx Group Inc. 0.01% 92,514 $547K New
OKE Oneok Inc. 0.01% 5,970 $544K New
ACAD Acadia Pharmaceuticals Inc. 0.01% 35,154 $541K New
PFG Principal Financial Group 0.01% 6,268 $538K New
BSY Bentley Systems Inc. Class B 0.01% 10,588 $538K New
PTON Peloton Interactive Inc. Class A 0.01% 113,093 $529K Add +35.8%
PAYC Paycom Software Inc. 0.01% 3,126 $521K New
SNBRQ Sleep Number Corp. 0.01% 28,275 $518K New
RICK Rci Hospitality Holdings Inc. 0.01% 11,627 $518K New
FMC FMC Corp. 0.01% 7,775 $513K Reduce -5.6%
ARWR Arrowhead Pharmaceuticals Inc. 0.01% 26,439 $512K Add +35.9%
PPLI People Inc. filed as IAC INC 0.01% 9,455 $509K Reduce -29.1%
GHC Graham Holdings Co. Class B 0.01% 617 $507K New
ALB Albemarle Corp. 0.01% 5,342 $506K Reduce -13.7%
SEM Select Medical Holdings Corp. 0.01% 14,477 $505K New
PLMR Palomar Holdings Inc. 0.01% 5,292 $501K New
S Sentinelone Inc. Class A 0.01% 20,911 $500K New
DXCM Dexcom Inc. 0.01% 7,391 $495K New
LRN Stride Inc. 0.01% 5,746 $490K New
KIDS Orthopediatrics Corp. 0.01% 17,897 $485K Add +153.1%
CSTL Castle Biosciences Inc. 0.01% 16,943 $483K Reduce -98.1%
TAP Molson Coors Beverage Co. Class B 0.01% 8,316 $478K New
PRLB Proto Labs Inc. 0.01% 16,210 $476K Reduce -15.2%
CRWD CrowdStrike Holdings Inc. Class A 0.01% 1,696 $476K New
BA The Boeing Co. 0.01% 3,123 $475K Add +1.5%
FLGT Fulgent Genetics Inc. 0.01% 21,690 $471K New
SUI Sun Communities Inc. filed as SUN CMNTYS INC 0.01% 3,486 $471K New
ADT Adt Inc. 0.01% 64,748 $468K New
RMR RMR Group Inc./the - A 0.01% 18,170 $461K New
TNET Trinet Group Inc. 0.01% 4,744 $460K New
LFST Lifestance Health Group Inc. 0.01% 64,787 $454K New
TDY Teledyne Technologies Inc. 0.01% 1,028 $450K Reduce -71.9%
ORI Old Republic Intl Corp. 0.01% 12,645 $448K New
CIVI Civitas Resources Inc. 0.01% 8,805 $446K Add +142.9%
SBRA Sabra Health Care REIT Inc. 0.01% 23,848 $444K Reduce -10.6%
INO Inovio Pharmaceuticals Inc. 0.01% 76,523 $442K New
KNSL Kinsale Capital Group Inc. 0.01% 945 $440K New
CI The Cigna Group 0.01% 1,260 $437K Add +71.0%
CRL Charles River Laboratories 0.01% 2,204 $434K New
CXM Sprinklr Inc. Class A 0.01% 55,785 $431K New
NNN NNN REIT Inc. 0.01% 8,891 $431K New
TKO Tko Group Holdings Inc. 0.01% 3,472 $430K New
LNC Lincoln National Corp. 0.01% 13,586 $428K New
ACIC American Coastal Insurance C 0.01% 37,834 $426K New
CRGX Cargo Therapeutics Inc. 0.01% 23,078 $426K New
CVBF CVB Financial Corp. 0.01% 23,802 $424K New
USFD US Foods Holding Corp. 0.01% 6,845 $421K New
RUN Sunrun Inc. 0.01% 23,300 $421K New
COO The Cooper Cos Inc. 0.01% 3,716 $410K Reduce -77.6%
VCYT Veracyte Inc. 0.01% 12,032 $410K New
WM Waste Management Inc. 0.01% 1,958 $406K New
NWN Northwest Natural Holding Co. 0.01% 9,940 $406K New
DVA Davita Inc. 0.01% 2,472 $405K New
AMSF Amerisafe Inc. 0.01% 8,283 $400K New
GS Goldman Sachs Group Inc. 0.01% 808 $400K New
NVST Envista Holdings Corp. 0.01% 20,167 $399K New
OLMA Olema Pharmaceuticals Inc. 0.01% 33,296 $398K Add +6.0%
SVC Service Pptys TR 0.01% 87,133 $397K Add +208.5%
FF Futurefuel Corp. 0.01% 68,916 $396K New
UHS Universal Health Services-B 0.01% 1,730 $396K Add +54.6%
SONO Sonos Inc. 0.01% 32,156 $395K New
PRDO Perdoceo Education Corp. 0.01% 17,759 $395K Reduce -66.0%
ACN Accenture PLC Class A 0.01% 1,111 $393K New
CGBD Carlyle Secured Lending Inc. 0.01% 23,006 $390K New
GTLS Chart Industries Inc. 0.01% 3,130 $389K Reduce -42.1%
OHI Omega Healthcare Investors 0.01% 9,509 $387K Reduce -44.6%
FNF Fidelity National Financial 0.01% 6,223 $386K New
SBR Sabine Royalty Trust 0.01% 6,234 $385K New
EAT Brinker International Inc. 0.01% 4,987 $382K New
MSFT Microsoft Corp. 0.01% 885 $381K New
AMN Amn Healthcare Services Inc. 0.01% 8,893 $377K New
SFBS Servisfirst Bancshares Inc. 0.01% 4,669 $376K New
CALM Cal-Maine Foods Inc. 0.01% 4,968 $372K New
LTC LTC Properties Inc. filed as LTC PPTYS INC 0.01% 10,014 $367K Reduce -42.6%
CODI Compass Diversified Holdings 0.01% 16,537 $366K New
NXPI NXP Semiconductors NV 0.01% 1,496 $359K New
IRMD Iradimed Corp. 0.01% 7,137 $359K New
XRX Xerox Holdings Corp. 0.01% 34,420 $357K New
INGR Ingredion Inc. 0.01% 2,598 $357K New
KSS Kohls Corp. 0.01% 16,877 $356K Reduce -44.0%
RMBS Rambus Inc. 0.01% 8,230 $347K New
MUR Murphy Oil Corp. 0.01% 10,243 $346K Reduce -54.4%
SNV Synovus Financial Corp. 0.01% 7,703 $343K New
TNC Tennant Co. 0.01% 3,564 $342K New
SLNO Soleno Therapeutics Inc. 0.01% 6,774 $342K New
TRUP Trupanion Inc. 0.01% 8,085 $339K New
PAHC Phibro Animal Health Corp. Class A 0.01% 15,055 $339K Reduce -40.2%
EHC Encompass Health Corp. 0.01% 3,440 $332K Reduce -45.4%
ALV Autoliv Inc. 0.01% 3,548 $331K New
MED Medifast Inc. 0.01% 17,267 $330K New
ZTS Zoetis Inc. 0.01% 1,683 $329K Reduce -83.3%
GNW Genworth Financial Inc. 0.01% 47,993 $329K Reduce -11.3%
DH Definitive Healthcare Corp. 0.01% 73,387 $328K New
HOPE Hope Bancorp Inc. 0.01% 25,959 $326K New
CNX CNX Resources Corp. 0.01% 9,972 $325K New
AEO American Eagle Outfitters 0.01% 14,470 $324K Reduce -5.5%
CRVL Corvel Corp. 0.01% 984 $322K New
HPE Hewlett Packard Enterprise 0.01% 15,583 $319K Reduce -22.7%
AMD Advanced Micro Devices 0.01% 1,932 $317K New
PSA Public Storage 0.01% 856 $311K New
TLRY Tilray Brands Inc. 0.01% 176,942 $311K New
AI C3.AI Inc. Class A 0.01% 12,733 $309K New
MPLX MPLX LP 0.01% 6,846 $304K New
CNDT Conduent Inc. 0.01% 75,446 $304K New
CUBE Cubesmart 0.00% 5,550 $299K New
ABG Asbury Automotive Group 0.00% 1,241 $296K New
AFL Aflac Inc. 0.00% 2,645 $296K New
LDOS Leidos Holdings Inc. 0.00% 1,814 $296K New
AVGO Broadcom Inc. 0.00% 1,676 $289K New
PNC PNC Financial Services Group 0.00% 1,559 $288K Reduce -70.5%
CEVA Ceva Inc. 0.00% 11,915 $288K New
UCB United Community Banks 0.00% 9,800 $285K New
IMO Imperial Oil Ltd. 0.00% 4,027 $284K New
WBD Warner Bros Discovery Inc. 0.00% 34,113 $281K Reduce -68.9%
WWD Woodward Inc. 0.00% 1,632 $280K Reduce -1.0%
UWMC Uwm Holdings Corp. 0.00% 32,544 $277K New
ENSG The Ensign Group Inc. 0.00% 1,927 $277K New
RTX RTX Corp. 0.00% 2,285 $277K New
QS Quantumscape Corp. 0.00% 47,893 $275K New
SSNC Ss&c Technologies Holdings 0.00% 3,704 $275K New
EFOR Everforth Inc. filed as ASGN INC 0.00% 2,911 $271K New
RYAN Ryan Specialty Holdings Inc. 0.00% 4,082 $271K New
TGTX TG Therapeutics Inc. 0.00% 11,478 $268K New
MMSI Merit Medical Systems Inc. 0.00% 2,697 $267K New
TRGP Targa Resources Corp. 0.00% 1,776 $263K Reduce -67.1%
VVX V2X Inc. 0.00% 4,639 $259K New
CACI Caci International Inc. Class A 0.00% 512 $258K Reduce -66.5%
XPO Xpo Inc. 0.00% 2,386 $257K New
GKOS Glaukos Corp. 0.00% 1,938 $252K New
CRMT America's Car-Mart Inc. 0.00% 5,979 $251K Reduce -73.2%
MTD Mettler-Toledo International 0.00% 165 $247K New
LXRX Lexicon Pharmaceuticals Inc. 0.00% 156,860 $246K New
DVAX Dynavax Technologies Corp. 0.00% 21,560 $240K New
XPOF Xponential Fitness Inc. Class A 0.00% 19,255 $239K New
RKT Rocket Cos Inc. Class A 0.00% 12,347 $237K New
CMS CMS Energy Corp. 0.00% 3,297 $233K Reduce -77.0%
FOLD Amicus Therapeutics Inc. 0.00% 21,723 $232K Reduce -27.0%
KLAC KLA Corp. 0.00% 299 $232K New
J Jacobs Solutions Inc. 0.00% 1,760 $230K New
CCRN Cross Country Healthcare Inc. 0.00% 17,125 $230K New
DOW Dow Inc. 0.00% 4,140 $226K New
UTL Unitil Corp. 0.00% 3,712 $225K New
SWKS Skyworks Solutions Inc. 0.00% 2,268 $224K New
ONTO Onto Innovation Inc. 0.00% 1,073 $223K Reduce -55.9%
GL Globe Life Inc. 0.00% 2,057 $218K Reduce -59.4%
ADEA Adeia Inc. 0.00% 18,254 $217K New
ACLS Axcelis Technologies Inc. 0.00% 2,067 $217K Reduce -51.0%
RGEN Repligen Corp. 0.00% 1,418 $211K Reduce -57.8%
STR Sitio Royalties Corp. Class A 0.00% 10,072 $210K New
ARDX Ardelyx Inc. 0.00% 30,354 $209K New
FLYW Flywire Corp.-Voting 0.00% 12,001 $197K New
WT Wisdomtree Inc. 0.00% 19,462 $194K New
KEY Keycorp 0.00% 10,252 $172K New
AAOI Applied Optoelectronics Inc. 0.00% 11,981 $171K New
PATH Uipath Inc. Class A 0.00% 13,391 $171K New
DDD 3D Systems Corp. filed as 3-D SYS CORP DEL 0.00% 56,349 $160K Add +124.3%
TDAY USA Today Co. Inc. filed as GANNETT CO INC 0.00% 27,331 $154K New
KALV Kalvista Pharmaceuticals Inc. 0.00% 13,255 $153K Add +22.3%
CHGG Chegg Inc. 0.00% 85,244 $151K New
NEO Neogenomics Inc. 0.00% 9,486 $140K Reduce -72.6%
ATXS Astria Therapeutics Inc. 0.00% 12,153 $134K New
CTKB Cytek Biosciences Inc. 0.00% 17,586 $97K Reduce -88.7%
CFFN Capitol Federal Financial Inc. 0.00% 13,165 $77K New
NXDR Nextdoor Holdings Inc. 0.00% 20,586 $51K New
OPK Opko Health Inc. 0.00% 22,796 $34K New
Other holdings (13): bonds, preferreds, convertibles and warrants · $653.7M (not counted above)
SecurityClassShares / PrincipalValueChange
INTEGRA LIFESCIENCES HLD (IART 0.5 08/15/25) NOTE 0.500% 8/1 · principal 174,364,000$165.8MNo change
ACCOLADE INC (ACCD 0.5 04/01/26) NOTE 0.500% 4/0 · principal 132,598,000$122.0MNo change
ALNYLAM PHARMACEUTICALS (ALNY 1 09/15/27) NOTE 1.000% 9/1 · principal 100,000,000$117.1MNew
ALPHATEC HOLDINGS INC (ATEC 0.75 08/01/26) NOTE 0.750% 8/0 · principal 117,500,000$105.7MNew
MIRUM PHARMACEUTICALS (MIRM 4 05/01/29) NOTE 4.000% 5/0 · principal 70,000,000$103.0MNo change
LANTHEUS HOLDINGS INC (LNTH 2.625 12/15/27) NOTE 2.625%12/1 · principal 25,255,000$39.3MNo change
NAMSW Newamsterdam Pharma Co. NV-27 *W EXP 99/99/999 92,787$650KNo change
BFLYW Butterfly Network Inc. -CW25 *W EXP 02/12/202 733,333$60KNo change
QSIAW Quantum-Si Inc. -CW27 *W EXP 06/10/202 333,333$29KNo change
STLNW Oncology Institute Inc. CW-22 *W EXP 99/99/999 1,250,000$25KNo change
NUVB.WS Nuvation Bio Inc. -CW27 *W EXP 02/10/202 166,666$16KNo change
CMXWQ Caremax-CW *W EXP 06/08/202 672,000$7KNo change
SRZNW Surrozen Inc.-CW25 *W EXP 08/01/203 166,666$2KNo change

Total filed on the 13F, all lines: $6.7B.

Portfolio Sells Q2 2024 → Q3 2024
GILD Gilead Sciences Inc. Sold out 0.00% −1.98
SGRY Surgery Partners Inc. Reduce -62.2% 0.95% −1.21
HLVX Hillevax Inc. Reduce -53.0% 0.05% −1.06
IART Integra Lifesciences Holding Sold out 0.00% −0.83
AHCO Adapthealth Corp. Reduce -26.8% 1.81% −0.76
CPRX Catalyst Pharmaceuticals Inc. Reduce -31.8% 2.05% −0.68
BNTX Biontech SE-ADR Reduce -70.6% 0.34% −0.58
ACH Accendra Health Inc. Reduce -22.9% 1.28% −0.39
CSTL Castle Biosciences Inc. Reduce -98.1% 0.01% −0.36
NKTX Nkarta Inc. Reduce -43.3% 0.16% −0.27
APGE Apogee Therapeutics Inc. Sold out 0.00% −0.25
EWTX Edgewise Therapeutics Inc. Reduce -38.0% 0.79% −0.21
KYTX Kyverna Therapeutics Inc. Reduce -53.7% 0.07% −0.21
ITOS Iteos Therapeutics Inc. Sold out 0.00% −0.21
CVS CVS Health Corp. Reduce -10.3% 0.91% −0.20
CGEM Cullinan Therapeutics Inc. Reduce -0.0% 0.91% −0.20
SLDB Solid Biosciences Inc. Sold out 0.00% −0.19
PRLD Prelude Therapeutics Inc. Reduce -8.9% 0.13% −0.18
DAWN Day One Biopharmaceuticals I Reduce -10.4% 0.60% −0.17
EYPT Eyepoint Inc. Sold out 0.00% −0.15
RVMD Revolution Medicines Inc. Reduce -5.7% 2.19% −0.13
CNMD Conmed Corp. Reduce -2.6% 0.73% −0.11
GUTS Fractyl Health Inc. Sold out 0.00% −0.07
CABA Cabaletta Bio Inc. Sold out 0.00% −0.07
DRI Darden Restaurants Inc. Sold out 0.00% −0.04
JBL Jabil Inc. Sold out 0.00% −0.04
INOD Innodata Inc. Sold out 0.00% −0.03
CVGW Calavo Growers Inc. Sold out 0.00% −0.03
HUMA Humacyte Inc. Sold out 0.00% −0.03
KWR Quaker Chemical Corporation Reduce -62.1% 0.01% −0.03
HXL Hexcel Corp. Sold out 0.00% −0.03
ZTS Zoetis Inc. Reduce -83.3% 0.01% −0.03
INTU Intuit Inc. Sold out 0.00% −0.03
MATW Matthews Intl Corp. Class A Sold out 0.00% −0.03
CSV Carriage Services Inc. Sold out 0.00% −0.03
TMDX Transmedics Group Inc. Sold out 0.00% −0.03
MAN Manpowergroup Inc. Sold out 0.00% −0.03
VYX NCR Voyix Corp. Sold out 0.00% −0.03
BCSF Bain Capital Specialty Finan Sold out 0.00% −0.03
ZBRA Zebra Technologies Corp. Class A Sold out 0.00% −0.02
CDMO Avid Bioservices Inc. Sold out 0.00% −0.02
RVTY Revvity Inc. Sold out 0.00% −0.02
EPC Edgewell Personal Care Co. Sold out 0.00% −0.02
XRAY Dentsply Sirona Inc. Sold out 0.00% −0.02
YELP Yelp Inc. Sold out 0.00% −0.02
AROC Archrock Inc. Sold out 0.00% −0.02
KMT Kennametal Inc. Sold out 0.00% −0.02
TTC Toro Co. Sold out 0.00% −0.02
USAP Universal Stainless & Alloy Reduce -71.1% 0.01% −0.02
TFX Teleflex Inc. Sold out 0.00% −0.02

Portfolio Buys Q2 2024 → Q3 2024
INDV Indivior Ltd. New 0.82% +0.82
BCAX Bicara Therapeutics Inc. New 0.76% +0.76
NBIX Neurocrine Biosciences Inc. Add +90.5% 2.51% +0.67
OSCR Oscar Health Inc. Class A Add +12.8% 2.76% +0.63
SVRA Savara Inc. New 0.45% +0.45
ZBIO Zenas Biopharma Inc. New 0.44% +0.44
PCVX Vaxcyte Inc. New 0.43% +0.43
TXG 10X Genomics Inc. Class A Add +152.8% 0.56% +0.34
CGON CG Oncology Inc. Add +96.2% 0.53% +0.27
DYN Dyne Therapeutics Inc. New 0.26% +0.26
RXRX Recursion Pharmaceuticals-A New 0.25% +0.25
CON Concentra Group Holdings Par New 0.24% +0.24
VTRS Viatris Inc. Add +12.1% 4.61% +0.22
BAX Baxter International Inc. Add +21.9% 1.21% +0.19
FHTX Foghorn Therapeutics Inc. Add +20.2% 0.47% +0.19
PHR Phreesia Inc. Add +183.1% 0.21% +0.13
PHVS Pharvaris NV Add +45.4% 0.62% +0.12
ALNY Alnylam Pharmaceuticals Inc. Add +21.0% 0.66% +0.10
DCGO Docgo Inc. Add +26.0% 0.50% +0.07
INSM Insmed Inc. Add +365.4% 0.06% +0.05
MLAB Mesa Laboratories Inc. Add +449.1% 0.04% +0.04
FTRE Fortrea Holdings Inc. New 0.03% +0.03
CENT Central Garden & Pet Co. New 0.03% +0.03
AFCG Advanced Flower Capital Inc. New 0.03% +0.03
INMD Inmode Ltd. Add +35.3% 0.44% +0.03
WSO Watsco Inc. New 0.03% +0.03
DFIN Donnelley Financial Solution New 0.03% +0.03
UAA Under Armour Inc. Class A New 0.03% +0.03
FBNC First Bancorp New 0.03% +0.03
PREMIER INC-CLASS A New 0.03% +0.03
IEX Idex Corp. New 0.03% +0.03
PRVA Privia Health Group Inc. New 0.02% +0.02
BYRN Byrna Technologies Inc. New 0.02% +0.02
ODFL Old Dominion Freight Line New 0.02% +0.02
JOE The St Joe Co. New 0.02% +0.02
WEAV Weave Communications Inc. New 0.02% +0.02
EXAS Exact Sciences Corp. New 0.02% +0.02
STRO Sutro Biopharma Inc. Com SHS New 0.02% +0.02
MMM 3M Co. New 0.02% +0.02
DHIL Diamond Hill Investment Grp New 0.02% +0.02
NVAX Novavax Inc. New 0.02% +0.02
ARCB Arcbest Corp. New 0.02% +0.02
AIN Albany Intl Corp. Class A Add +112.2% 0.04% +0.02
AMPL Amplitude Inc. Class A New 0.02% +0.02
ACHC Acadia Healthcare Co. Inc. New 0.02% +0.02
SAM Boston Beer Company Inc. Class A New 0.02% +0.02
DT Dynatrace Inc. New 0.02% +0.02
HTO H2O America New 0.02% +0.02
TT Trane Technologies PLC New 0.02% +0.02
ED Consolidated Edison Inc. New 0.02% +0.02

Notes & Other Activity Q2 2024 → Q3 2024
INSMED INC (INSM 1.75 01/15/25) NOTE 1.750% 1/1 · principal Sold out 151,408,000 $258.7Mbefore exit
BROOKDALE SENIOR LIVING (BKD 2 10/15/26) NOTE 2.000%10/1 · principal Sold out 161,905,000 $163.3Mbefore exit
ALNYLAM PHARMACEUTICALS (ALNY 1 09/15/27) NOTE 1.000% 9/1 · principal New 100,000,000 $117.1M
ALPHATEC HOLDINGS INC (ATEC 0.75 08/01/26) NOTE 0.750% 8/0 · principal New 117,500,000 $105.7M
NEOGENOMICS INC (NEO 1.25 05/01/25) NOTE 1.250% 5/0 · principal Sold out 6,500,000 $6.3Mbefore exit
TLSIW Medtech Acquisition Corp.-CW *W EXP 08/10/202 Sold out 333,333 $543Kbefore exit

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 69$8.0BNUVL, RVMD, PRAX, VTRS, CNC
Q1 2026 69$7.2BNUVL, COGT, PRAX, VTRS, UTHR
Q4 2025 135$6.8BNUVL, COGT, PRAX, CNC, VTRS
Q3 2025 138$6.0BNUVL, CNC, MRUS, VTRS, UTHR
Q2 2025 110$4.9BNUVL, OSCR, VTRS, MRUS, CNC
Q1 2025 109$4.4BNUVL, VTRS, NBIX, CNC, OSCR
Q4 2024 93$4.7BNUVL, VTRS, CNC, OSCR, RVMD
Q3 2024 430$6.0BNUVL, VTRS, CNC, MRUS, OSCR
Q2 2024 418$5.2BNUVL, VTRS, CNC, MRUS, LRMR
Q1 2024 353$5.2BNUVL, VTRS, CNC, LRMR, AHCO