Sivik Global Healthcare LLC

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 22, 2025), Sivik Global Healthcare LLC reported 29 stock positions worth $182.9 million. Its top holding was SS SPDR S&P Biotech ETF (XBI) at 11.1% of the portfolio, followed by Boston Scientific (BSX, 5.5%) and Tenet Healthcare (THC, 5.1%). Compared with Q4 2024, it opened 6 new positions, sold out of 13, added to 10 and reduced 9. The biggest buy was a new position in Intuitive Surgical (ISRG) and the biggest sale an exit from Vertex Pharmaceuticals (VRTX).

Most Recent 13F
Q2 2026
Location
GREENWICH, CT
CIK
0001596452
Portfolio Value
$182.9M (Q1 2025)
SEC Filing
0001596452-25-000006 ↗ filed Apr 22, 2025

Holdings Value

0$100.0M$200.0M$300.0M Q1 2024: $275.1M Q1 2024 Q2 2024: $223.9M Q2 2024 Q3 2024: $234.6M Q3 2024 Q4 2024: $180.8M Q4 2024 Q1 2025: $182.9M $182.9M Q1 2025 Q2 2025: $223.6M Q2 2025 Q3 2025: $190.5M Q3 2025 Q4 2025: $204.8M Q4 2025 Q1 2026: $131.7M Q1 2026 Q2 2026: $131.7M Q2 2026

Holdings 29 stocks · $182.9M
XBI SS SPDR S&P Biotech ETF 11.08% 250,000 $20.3M Add +25.0%
BSX Boston Scientific Corp. 5.51% 100,000 $10.1M Reduce -9.1%
THC Tenet Healthcare Corp. 5.15% 70,000 $9.4M Add +27.3%
HCA HCA Healthcare Inc. 4.72% 25,000 $8.6M Add +25.0%
LLY Eli Lilly & Co. 4.06% 9,000 $7.4M Reduce -40.0%
MCK McKesson Corp. 4.05% 11,000 $7.4M Reduce -26.7%
DHR Danaher Corp. 3.92% 35,000 $7.2M Add +40.0%
COR Cencora Inc. 3.80% 25,000 $7.0M No change
ISRG Intuitive Surgical Inc. 3.79% 14,000 $6.9M New
CAH Cardinal Health Inc. 3.77% 50,000 $6.9M No change
MDT Medtronic PLC 3.68% 75,000 $6.7M New
SYK Stryker Corp. 3.56% 17,500 $6.5M Reduce -12.5%
WAT Waters Corp. 3.43% 17,000 $6.3M Add +21.4%
UHS Universal Health Services-B 3.34% 32,500 $6.1M Reduce -13.3%
HUM Humana Inc. 3.33% 23,000 $6.1M Add +15.0%
BAX Baxter International Inc. 3.27% 175,000 $6.0M New
ABT Abbott Laboratories 3.26% 45,000 $6.0M Reduce -10.0%
A Agilent Technologies Inc. 3.20% 50,000 $5.8M Add +42.9%
EHC Encompass Health Corp. 2.86% 51,600 $5.2M Add +14.7%
AZN Astrazeneca PLC-Spons ADR 2.81% 70,000 $5.1M New
NVO Novo-Nordisk A/S-Spons ADR 2.66% 70,000 $4.9M No change
GILD Gilead Sciences Inc. 2.45% 40,000 $4.5M New
CI The Cigna Group 2.25% 12,500 $4.1M Add +4.2%
SNN Smith & Nephew PLC -Spon ADR 1.86% 120,000 $3.4M Reduce -4.0%
SEM Select Medical Holdings Corp. 1.83% 200,000 $3.3M Add +33.3%
AVTR Avantor Inc. 1.77% 200,000 $3.2M No change
SGRY Surgery Partners Inc. 1.62% 125,000 $3.0M Reduce -37.5%
WST West Pharmaceutical Services 1.53% 12,500 $2.8M New
UNH Unitedhealth Group Inc. 1.43% 5,000 $2.6M Reduce -60.0%

Options reported separately and not counted above: SRPT puts ($1.3M), PUT - SPY 100 @ 570 EXP 04/17/2025 puts ($755K).

Portfolio Sells Q4 2024 → Q1 2025
VRTX Vertex Pharmaceuticals Inc. Sold out 0.00% −2.89
ABBV Abbvie Inc. Sold out 0.00% −2.46
LLY Eli Lilly & Co. Reduce -40.0% 4.06% −2.34
BMY Bristol-Myers Squibb Co. Sold out 0.00% −2.19
UNH Unitedhealth Group Inc. Reduce -60.0% 1.43% −2.06
EW Edwards Lifesciences Corp. Sold out 0.00% −2.05
BIO Bio-Rad Laboratories-A Sold out 0.00% −1.82
ZTS Zoetis Inc. Sold out 0.00% −1.35
ZBH Zimmer Biomet Holdings Inc. Sold out 0.00% −1.17
ACHC Acadia Healthcare Co. Inc. Sold out 0.00% −1.10
BNTX Biontech SE-ADR Sold out 0.00% −0.94
ALNY Alnylam Pharmaceuticals Inc. Sold out 0.00% −0.91
RGEN Repligen Corp. Sold out 0.00% −0.80
SGRY Surgery Partners Inc. Reduce -37.5% 1.62% −0.72
MCK McKesson Corp. Reduce -26.7% 4.05% −0.68
SRPT Sarepta Therapeutics Inc. Sold out 0.00% −0.67
MRVI Maravai Lifesciences Hldgs-A Sold out 0.00% −0.42
SYK Stryker Corp. Reduce -12.5% 3.56% −0.42
UHS Universal Health Services-B Reduce -13.3% 3.34% −0.38
BSX Boston Scientific Corp. Reduce -9.1% 5.51% +0.08
ABT Abbott Laboratories Reduce -10.0% 3.26% +0.14
SNN Smith & Nephew PLC -Spon ADR Reduce -4.0% 1.86% +0.16

Portfolio Buys Q4 2024 → Q1 2025
ISRG Intuitive Surgical Inc. New 3.79% +3.79
MDT Medtronic PLC New 3.68% +3.68
BAX Baxter International Inc. New 3.27% +3.27
AZN Astrazeneca PLC-Spons ADR New 2.81% +2.81
GILD Gilead Sciences Inc. New 2.45% +2.45
WST West Pharmaceutical Services New 1.53% +1.53
HCA HCA Healthcare Inc. Add +25.0% 4.72% +1.40
THC Tenet Healthcare Corp. Add +27.3% 5.15% +1.31
XBI SS SPDR S&P Biotech ETF Add +25.0% 11.08% +1.12
DHR Danaher Corp. Add +40.0% 3.92% +0.75
A Agilent Technologies Inc. Add +42.9% 3.20% +0.60
EHC Encompass Health Corp. Add +14.7% 2.86% +0.56
WAT Waters Corp. Add +21.4% 3.43% +0.55
HUM Humana Inc. Add +15.0% 3.33% +0.52
CI The Cigna Group Add +4.2% 2.25% +0.42
SEM Select Medical Holdings Corp. Add +33.3% 1.83% +0.26

Options Activity Q4 2024 → Q1 2025
ISRG Intuitive Surgical Inc. put Sold out 15,000 $7.8Mbefore exit
SRPT Sarepta Therapeutics Inc. put New 20,000 $1.3M
MDGL Madrigal Pharmaceuticals Inc. put Sold out 4,000 $1.2Mbefore exit
PUT - SPY 100 @ 570 EXP 04/17/2025 put New 500 $755K

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 34$131.7MXBI, CAH, CALL- BSX 100 @ 75 EXP 04/17/2026, JNJ, MRK
Q1 2026 34$131.7MXBI, CAH, CALL- BSX 100 @ 75 EXP 04/17/2026, JNJ, MRK
Q4 2025 41$204.8MXBI, LLY, THC, MCK, HCA
Q3 2025 35$190.5MXBI, LLY, HCA, THC, DHR
Q2 2025 38$223.6MXBI, THC, HCA, MCK, UHS
Q1 2025 29$182.9MXBI, BSX, THC, HCA, LLY
Q4 2024 36$180.8MXBI, LLY, BSX, MCK, SYK
Q3 2024 33$234.6MXBI, LLY, THC, NVO, UHS
Q2 2024 37$223.9MLLY, NVO, MCK, THC, BSX
Q1 2024 46$275.1MXBI, LLY, NVO, BSX, TMO