Eversept Partners, LP

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 17, 2026), Eversept Partners, LP reported 103 stock positions worth $1.8 billion. Its top holding was Vera Therapeutics (VERA) at 8.7% of the portfolio, followed by GSK PLC-Spon ADR (GSK, 7.4%) and United Therapeutics (UTHR, 6.9%). Compared with Q3 2025, it opened 34 new positions, sold out of 14, added to 37 and reduced 30. The biggest buy was Vera Therapeutics (VERA, shares +9%) and the biggest sale Uniqure (QURE, shares −93%).

Most Recent 13F
Q2 2026
Location
NEW YORK, NY
CIK
0001697013
Portfolio Value
$1.8B (Q4 2025)
SEC Filing
0001697013-26-000002 ↗ filed Feb 17, 2026

Holdings Value

0$500.0M$1.0B$1.5B$2.0B Q1 2024: $1.3B Q1 2024 Q2 2024: $1.3B Q2 2024 Q3 2024: $1.3B Q3 2024 Q4 2024: $969.1M Q4 2024 Q1 2025: $883.7M Q1 2025 Q2 2025: $992.2M Q2 2025 Q3 2025: $1.3B Q3 2025 Q4 2025: $1.8B $1.8B Q4 2025 Q1 2026: $1.5B Q1 2026 Q2 2026: $1.8B Q2 2026

Holdings 103 stocks · $1.8B
VERA Vera Therapeutics Inc. 8.72% 3,072,304 $155.6M Add +9.4%
GSK GSK PLC-Spon ADR 7.37% 2,679,721 $131.4M Add +26.4%
UTHR United Therapeutics Corp. 6.90% 252,592 $123.1M Reduce -0.3%
ABVX Abivax SA-ADR 4.97% 657,834 $88.7M Add +54.2%
NTRA Natera Inc. 4.30% 334,493 $76.6M Reduce -35.6%
SNDX Syndax Pharmaceuticals Inc. 3.90% 3,314,408 $69.6M Reduce -4.4%
VRDN Viridian Therapeutics Inc. 3.11% 1,782,235 $55.5M Reduce -7.4%
PCVX Vaxcyte Inc. 3.10% 1,197,722 $55.3M Reduce -15.8%
TVTX Travere Therapeutics Inc. 2.52% 1,174,968 $44.9M Reduce -17.1%
HCA HCA Healthcare Inc. 2.51% 95,874 $44.8M Reduce -14.2%
DHR Danaher Corp. 2.39% 186,262 $42.6M Add +87.6%
IONS Ionis Pharmaceuticals Inc. 2.39% 538,218 $42.6M Reduce -0.1%
CLDX Celldex Therapeutics Inc. 2.19% 1,434,725 $39.0M Add +24.3%
BRKR Bruker Corp. 2.07% 783,789 $36.9M Add +14.1%
AVTR Avantor Inc. 2.04% 3,176,644 $36.4M Add +243.6%
CYH Community Health Systems Inc. 1.39% 7,943,802 $24.8M Add +14.3%
EXAS Exact Sciences Corp. 1.38% 241,678 $24.5M New
BCRX Biocryst Pharmaceuticals Inc. 1.31% 2,992,895 $23.3M Add +117.9%
GERN Geron Corp. 1.31% 17,659,983 $23.3M Add +40.2%
TECH Bio-Techne Corp. 1.24% 377,405 $22.2M Reduce -36.2%
CDTX Cidara Therapeutics Inc. 1.22% 98,721 $21.8M New
PODD Insulet Corp. 1.19% 74,708 $21.2M Add +63.8%
BBNX Beta Bionics Inc. 1.16% 678,262 $20.7M New
TEVA Teva Pharmaceutical-SP ADR 1.16% 660,177 $20.6M Reduce -51.6%
UNH Unitedhealth Group Inc. 1.13% 60,862 $20.1M Reduce -3.1%
LQDA Liquidia Corp. 0.99% 509,443 $17.6M Add +4.8%
ICLR Icon PLC 0.98% 95,832 $17.5M Add +74.2%
HQY Healthequity Inc. 0.95% 185,739 $17.0M Add +254.5%
GKOS Glaukos Corp. 0.93% 147,471 $16.7M New
RVTY Revvity Inc. 0.88% 162,777 $15.7M Reduce -58.7%
NAMS Newamsterdam Pharma Co. NV 0.83% 420,827 $14.8M Reduce -13.9%
ESPR Esperion Therapeutics Inc. 0.80% 3,851,133 $14.2M New
BIIB Biogen Inc. 0.77% 77,944 $13.7M Add +50.6%
SEM Select Medical Holdings Corp. 0.75% 906,100 $13.5M New
CNC Centene Corp. 0.75% 324,092 $13.3M Add +44.3%
CGON CG Oncology Inc. 0.72% 308,466 $12.8M New
BMY Bristol-Myers Squibb Co. 0.71% 235,293 $12.7M New
PALI Palisade Bio Inc. 0.71% 5,391,548 $12.7M New
ARQT Arcutis Biotherapeutics Inc. 0.71% 434,634 $12.6M Add +289.9%
PHVS Pharvaris NV 0.68% 439,177 $12.2M New
LLY Eli Lilly & Co. 0.64% 10,623 $11.4M New
EHC Encompass Health Corp. 0.64% 106,926 $11.3M New
CTMX Cytomx Therapeutics Inc. 0.60% 2,507,090 $10.7M New
ELV Elevance Health Inc. 0.59% 30,195 $10.6M Reduce -32.9%
MNKD Mannkind Corp. 0.59% 1,852,563 $10.5M Reduce -9.3%
XENE Xenon Pharmaceuticals Inc. 0.58% 231,380 $10.4M New
ASND Ascendis Pharma A/S 0.58% 48,241 $10.3M New
ISRG Intuitive Surgical Inc. 0.57% 18,062 $10.2M Add +25.2%
ILMN Illumina Inc. 0.56% 76,721 $10.1M Reduce -38.0%
ARDX Ardelyx Inc. 0.56% 1,715,129 $10.0M Add +20.0%
DVAX Dynavax Technologies Corp. 0.52% 605,976 $9.3M Reduce -12.6%
GPCR Structure Therapeutics Inc. 0.50% 127,561 $8.9M Reduce -23.3%
EWTX Edgewise Therapeutics Inc. 0.47% 337,340 $8.4M Reduce -32.8%
CPRX Catalyst Pharmaceuticals Inc. 0.47% 358,168 $8.4M Add +2.1%
HUM Humana Inc. 0.47% 32,462 $8.3M Add +94.9%
PNTG The Pennant Group Inc. 0.46% 293,960 $8.3M Add +674.0%
MRNA Moderna Inc. 0.44% 267,823 $7.9M New
MOH Molina Healthcare Inc. 0.44% 45,470 $7.9M Add +380.1%
REGN Regeneron Pharmaceuticals 0.44% 10,097 $7.8M Reduce -39.6%
TYRA Tyra Biosciences Inc. 0.41% 278,564 $7.3M Add +2.1%
RARE Ultragenyx Pharmaceutical Inc. 0.41% 317,182 $7.3M New
ANAB Anaptysbio Inc. 0.33% 120,927 $5.9M New
BMRN Biomarin Pharmaceutical Inc. 0.31% 93,748 $5.6M Reduce -36.1%
ASMB Assembly Biosciences Inc. 0.30% 159,676 $5.4M New
IVVD Invivyd Inc. 0.30% 2,140,130 $5.3M Add +4.5%
CVS CVS Health Corp. 0.28% 63,696 $5.1M New
ACAD Acadia Pharmaceuticals Inc. 0.26% 176,594 $4.7M Add +7.5%
PTGX Protagonist Therapeutics Inc. 0.26% 52,961 $4.6M New
ZBIO Zenas Biopharma Inc. 0.25% 121,016 $4.4M Reduce -23.8%
RLAY Relay Therapeutics Inc. 0.23% 489,137 $4.1M Add +2.1%
ENGN Engene Holdings Inc. 0.23% 455,835 $4.1M New
BKD Brookdale Senior Living Inc. 0.23% 374,929 $4.0M New
NHC National Healthcare Corp. 0.22% 28,577 $3.9M New
FTRE Fortrea Holdings Inc. 0.22% 224,139 $3.9M Add +2.2%
BVS Bioventus Inc. Class A 0.20% 471,257 $3.5M Add +8.6%
SPRY Ars Pharmaceuticals Inc. 0.16% 251,593 $2.9M Reduce -74.2%
AVR Anteris Technologies Global 0.14% 500,000 $2.5M No change
AMRN Amarin Corp. PLC -ADR 0.13% 172,188 $2.4M Add +2.9%
MRVI Maravai Lifesciences Hldgs-A 0.13% 718,582 $2.3M Add +147.2%
EOLS Evolus Inc. 0.13% 344,104 $2.3M Reduce -76.7%
STRO Sutro Biopharma Inc. 0.13% 193,571 $2.2M Reduce -15.5%
SRZN Surrozen Inc. 0.12% 95,286 $2.2M Add +23.8%
EHAB Enhabit Inc. 0.11% 218,510 $2.0M New
RAPP Rapport Therapeutics Inc. 0.10% 59,233 $1.8M Reduce -58.7%
IFRX Inflarx NV 0.10% 1,757,312 $1.8M Add +1.5%
BHVN Biohaven Ltd. 0.09% 145,431 $1.6M New
CTNM Contineum Therapeutics Inc. Class A 0.09% 137,493 $1.6M Add +2.1%
ALEC Alector Inc. 0.09% 1,006,163 $1.6M Reduce -32.4%
NVCR Novocure Ltd. 0.09% 120,978 $1.6M New
QURE Uniqure NV 0.08% 62,820 $1.5M Reduce -92.8%
PASG Passage Bio Inc. 0.08% 126,230 $1.5M New
BCYC Bicycle Therapeutics PLC-ADR 0.07% 178,915 $1.3M Reduce -8.0%
NVAX Novavax Inc. 0.07% 181,220 $1.2M Reduce -25.5%
PLRX Pliant Therapeutics Inc. 0.06% 842,023 $1.0M Add +2.1%
SVRA Savara Inc. 0.06% 170,195 $1.0M New
EHTH Ehealth Inc. 0.06% 222,570 $1.0M Add +73.5%
INMD Inmode Ltd. 0.05% 61,938 $910K New
WHWK Whitehawk Therapeutics Inc. 0.04% 260,259 $630K New
EDIT Editas Medicine Inc. 0.03% 290,919 $596K New
SLQT Selectquote Inc. 0.03% 357,661 $504K New

Show all 103 holdings

Options reported separately and not counted above: QQQ puts ($138.2M), SPY puts ($30.6M), TLT puts ($20.0M), XBI puts ($12.1M).

Portfolio Sells Q3 2025 → Q4 2025
QURE Uniqure NV Reduce -92.8% 0.08% −3.84
ZIMV Zimvie Inc. Sold out 0.00% −3.02
NTRA Natera Inc. Reduce -35.6% 4.30% −2.11
RVTY Revvity Inc. Reduce -58.7% 0.88% −1.76
TECH Bio-Techne Corp. Reduce -36.2% 1.24% −1.28
UTHR United Therapeutics Corp. Reduce -0.3% 6.90% −1.23
HCA HCA Healthcare Inc. Reduce -14.2% 2.51% −1.14
RGEN Repligen Corp. Sold out 0.00% −1.08
RNAM Avidity Biosciences Inc. Sold out 0.00% −1.01
TEVA Teva Pharmaceutical-SP ADR Reduce -51.6% 1.16% −0.95
NVO Novo-Nordisk A/S-Spons ADR Sold out 0.00% −0.93
PCVX Vaxcyte Inc. Reduce -15.8% 3.10% −0.82
SPRY Ars Pharmaceuticals Inc. Reduce -74.2% 0.16% −0.59
EOLS Evolus Inc. Reduce -76.7% 0.13% −0.57
UNH Unitedhealth Group Inc. Reduce -3.1% 1.13% −0.53
ELV Elevance Health Inc. Reduce -32.9% 0.59% −0.52
ETNB 89BIO Inc. Sold out 0.00% −0.44
MRUS Merus NV Sold out 0.00% −0.35
ILMN Illumina Inc. Reduce -38.0% 0.56% −0.34
IONS Ionis Pharmaceuticals Inc. Reduce -0.1% 2.39% −0.31
BMRN Biomarin Pharmaceutical Inc. Reduce -36.1% 0.31% −0.30
REGN Regeneron Pharmaceuticals Reduce -39.6% 0.44% −0.28
MIRM Mirum Pharmaceuticals Inc. Sold out 0.00% −0.28
MNKD Mannkind Corp. Reduce -9.3% 0.59% −0.25
ALEC Alector Inc. Reduce -32.4% 0.09% −0.25
NAMS Newamsterdam Pharma Co. NV Reduce -13.9% 0.83% −0.24
RAPP Rapport Therapeutics Inc. Reduce -58.7% 0.10% −0.23
NKTR Nektar Therapeutics Sold out 0.00% −0.22
GOSS Gossamer Bio Inc. Sold out 0.00% −0.19
SNDX Syndax Pharmaceuticals Inc. Reduce -4.4% 3.90% −0.18
KURA Kura Oncology Inc. Sold out 0.00% −0.18
EWTX Edgewise Therapeutics Inc. Reduce -32.8% 0.47% −0.15
NVAX Novavax Inc. Reduce -25.5% 0.07% −0.09
TVTX Travere Therapeutics Inc. Reduce -17.1% 2.52% −0.08
KRRO Korro Bio Inc. Sold out 0.00% −0.08
VRDN Viridian Therapeutics Inc. Reduce -7.4% 3.11% −0.07
PVLA Palvella Therapeutics Inc. Sold out 0.00% −0.05
BCYC Bicycle Therapeutics PLC-ADR Reduce -8.0% 0.07% −0.04
STRO Sutro Biopharma Inc. Reduce -15.5% 0.13% −0.03
ZBIO Zenas Biopharma Inc. Reduce -23.8% 0.25% −0.02
REPL Replimune Group Inc. Sold out 0.00% −0.02
DYN Dyne Therapeutics Inc. Sold out 0.00% −0.01
DVAX Dynavax Technologies Corp. Reduce -12.6% 0.52% −0.00
GPCR Structure Therapeutics Inc. Reduce -23.3% 0.50% +0.14

Portfolio Buys Q3 2025 → Q4 2025
VERA Vera Therapeutics Inc. Add +9.4% 8.72% +2.47
ABVX Abivax SA-ADR Add +54.2% 4.97% +2.20
EXAS Exact Sciences Corp. New 1.38% +1.38
CDTX Cidara Therapeutics Inc. New 1.22% +1.22
BBNX Beta Bionics Inc. New 1.16% +1.16
AVTR Avantor Inc. Add +243.6% 2.04% +1.16
GKOS Glaukos Corp. New 0.93% +0.93
DHR Danaher Corp. Add +87.6% 2.39% +0.88
ESPR Esperion Therapeutics Inc. New 0.80% +0.80
SEM Select Medical Holdings Corp. New 0.75% +0.75
CGON CG Oncology Inc. New 0.72% +0.72
BMY Bristol-Myers Squibb Co. New 0.71% +0.71
PALI Palisade Bio Inc. New 0.71% +0.71
PHVS Pharvaris NV New 0.68% +0.68
LLY Eli Lilly & Co. New 0.64% +0.64
EHC Encompass Health Corp. New 0.64% +0.64
CTMX Cytomx Therapeutics Inc. New 0.60% +0.60
XENE Xenon Pharmaceuticals Inc. New 0.58% +0.58
ASND Ascendis Pharma A/S New 0.58% +0.58
HQY Healthequity Inc. Add +254.5% 0.95% +0.57
ARQT Arcutis Biotherapeutics Inc. Add +289.9% 0.71% +0.55
BCRX Biocryst Pharmaceuticals Inc. Add +117.9% 1.31% +0.51
MRNA Moderna Inc. New 0.44% +0.44
RARE Ultragenyx Pharmaceutical Inc. New 0.41% +0.41
PNTG The Pennant Group Inc. Add +674.0% 0.46% +0.39
BRKR Bruker Corp. Add +14.1% 2.07% +0.36
GSK GSK PLC-Spon ADR Add +26.4% 7.37% +0.36
ANAB Anaptysbio Inc. New 0.33% +0.33
ASMB Assembly Biosciences Inc. New 0.30% +0.30
MOH Molina Healthcare Inc. Add +380.1% 0.44% +0.30
CVS CVS Health Corp. New 0.28% +0.28
PTGX Protagonist Therapeutics Inc. New 0.26% +0.26
ICLR Icon PLC Add +74.2% 0.98% +0.24
ENGN Engene Holdings Inc. New 0.23% +0.23
BKD Brookdale Senior Living Inc. New 0.23% +0.23
NHC National Healthcare Corp. New 0.22% +0.22
BIIB Biogen Inc. Add +50.6% 0.77% +0.21
LQDA Liquidia Corp. Add +4.8% 0.99% +0.14
HUM Humana Inc. Add +94.9% 0.47% +0.13
CNC Centene Corp. Add +44.3% 0.75% +0.13
IVVD Invivyd Inc. Add +4.5% 0.30% +0.12
TYRA Tyra Biosciences Inc. Add +2.1% 0.41% +0.12
EHAB Enhabit Inc. New 0.11% +0.11
PODD Insulet Corp. Add +63.8% 1.19% +0.11
BHVN Biohaven Ltd. New 0.09% +0.09
NVCR Novocure Ltd. New 0.09% +0.09
PASG Passage Bio Inc. New 0.08% +0.08
ISRG Intuitive Surgical Inc. Add +25.2% 0.57% +0.08
FTRE Fortrea Holdings Inc. Add +2.2% 0.22% +0.08
MRVI Maravai Lifesciences Hldgs-A Add +147.2% 0.13% +0.07

Options Activity Q3 2025 → Q4 2025
QQQ Invesco QQQ Trust Series 1 put Reduce -2.2% 225,000 $138.2M
SPY SS SPDR S&P 500 ETF Trust-US put New 44,900 $30.6M
TLT iShares 20+ Year Treasury BD put New 230,000 $20.0M
XBI SS SPDR S&P Biotech ETF put New 99,400 $12.1M
UTHR United Therapeutics Corp. put Sold out 16,200 $6.8Mbefore exit
ATYR Atyr Pharma Inc. put Sold out 658,000 $475Kbefore exit

Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 115$1.8BUTHR, ABVX, EHC, ENSG, VERA
Q1 2026 104$1.5BUTHR, ABVX, GSK, VERA, NTRA
Q4 2025 103$1.8BVERA, GSK, UTHR, ABVX, NTRA
Q3 2025 83$1.3BUTHR, GSK, NTRA, VERA, SNDX
Q2 2025 67$992.2MNTRA, GSK, VERA, RVTY, PCVX
Q1 2025 55$883.7MNTRA, GSK, HCA, SNDX, VERA
Q4 2024 62$969.1MNTRA, GSK, VERA, INSP, HCA
Q3 2024 65$1.3BGSK, NTRA, VERA, INSM, SNDX
Q2 2024 72$1.3BGSK, NTRA, INSM, TEVA, UTHR
Q1 2024 68$1.3BNTRA, GSK, INSP, TEVA, VERA