Tang Capital Management LLC

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 14, 2025), Tang Capital Management LLC reported 200 stock positions worth $2.0 billion. Its top holding was Lakefront Biotherapeutic-ADR (LKFT) at 5.6% of the portfolio, followed by Tarsus Pharmaceuticals (TARS, 5.0%) and Aurinia Pharmaceuticals (AUPH, 4.3%). Compared with Q1 2025, it opened 18 new positions, sold out of 20, added to 34 and reduced 52. The biggest buy was Vera Therapeutics (VERA, shares +800%) and the biggest sale Dynavax Technologies (DVAX, shares −66%).

Most Recent 13F
Q2 2026
Location
SAN DIEGO, CA
CIK
0001232621
Portfolio Value
$2.0B (Q2 2025)
SEC Filing
0001214659-25-012272 ↗ filed Aug 14, 2025

Holdings Value

0$1.0B$2.0B$3.0B Q1 2024: $960.4M Q1 2024 Q2 2024: $979.0M Q2 2024 Q3 2024: $1.4B Q3 2024 Q4 2024: $1.5B Q4 2024 Q1 2025: $1.8B Q1 2025 Q2 2025: $2.0B $2.0B Q2 2025 Q3 2025: $2.6B Q3 2025 Q4 2025: $2.0B Q4 2025 Q1 2026: $2.0B Q1 2026 Q2 2026: $2.2B Q2 2026

Holdings 200 stocks · $2.0B
LKFT Lakefront Biotherapeutic-ADR filed as GALAPAGOS NV 5.65% 3,990,111 $111.7M Add +0.7%
TARS Tarsus Pharmaceuticals Inc. 5.03% 2,454,797 $99.4M No change
AUPH Aurinia Pharmaceuticals Inc. 4.29% 10,029,500 $84.9M No change
IMCR Immunocore Holdings PLC-ADR 3.34% 2,105,608 $66.1M Add +9.9%
KNSA Kiniksa Pharmaceuticals Inte 3.26% 2,328,609 $64.4M Add +9.9%
MIRM Mirum Pharmaceuticals Inc. 3.18% 1,236,027 $62.9M Reduce -0.1%
KALV Kalvista Pharmaceuticals Inc. 2.82% 4,941,798 $55.9M No change
PTCT PTC Therapeutics Inc. 2.72% 1,100,000 $53.7M Add +10.0%
SYRE Spyre Therapeutics Inc. 2.42% 3,200,000 $47.9M Add +56.1%
EOLS Evolus Inc. 2.33% 4,997,399 $46.0M No change
VRDN Viridian Therapeutics Inc. 2.01% 2,842,925 $39.7M Add +1.8%
ITOS Iteos Therapeutics Inc. 1.93% 3,826,692 $38.2M Add +42.3%
CMPX Compass Therapeutics Inc. 1.77% 13,496,208 $35.1M Add +22.1%
ACAD Acadia Pharmaceuticals Inc. 1.64% 1,500,000 $32.4M No change
VERA Vera Therapeutics Inc. 1.61% 1,350,000 $31.8M Add +800.0%
MRUS Merus NV 1.60% 600,000 $31.6M Add +500.0%
REPL Replimune Group Inc. 1.50% 3,200,000 $29.7M Add +10.3%
ANAB Anaptysbio Inc. 1.49% 1,330,879 $29.5M Reduce -13.9%
LEGN Legend Biotech Corp.-ADR 1.49% 830,000 $29.5M No change
BNTX Biontech SE-ADR 1.45% 270,000 $28.7M No change
RLAY Relay Therapeutics Inc. 1.41% 8,068,058 $27.9M No change
LENZ Lenz Therapeutics Inc. 1.33% 897,616 $26.3M Add +17.0%
CTMX Cytomx Therapeutics Inc. 1.27% 11,065,662 $25.1M Add +64.7%
MTD Mettler-Toledo International 1.16% 19,500 $22.9M New
BA The Boeing Co. 1.12% 105,662 $22.1M Add +1641.3%
ANIP Ani Pharmaceuticals Inc. 1.05% 317,500 $20.7M No change
NVDA Nvidia Corp. 1.04% 130,509 $20.6M Reduce -8.5%
JAZZ Jazz Pharmaceuticals PLC 1.02% 190,000 $20.2M No change
INSM Insmed Inc. 1.02% 200,000 $20.1M Add +100.0%
DVAX Dynavax Technologies Corp. 0.98% 1,949,500 $19.3M Reduce -66.1%
META Meta Platforms Inc. Class A 0.97% 26,008 $19.2M Reduce -5.7%
ADMA Adma Biologics Inc. 0.97% 1,050,000 $19.1M No change
KROS Keros Therapeutics Inc. 0.96% 1,418,984 $18.9M Add +29.0%
NBIX Neurocrine Biosciences Inc. 0.95% 150,000 $18.9M No change
AVDL Avadel Pharmaceuticals Ltd. 0.94% 2,097,500 $18.6M No change
AVIR Atea Pharmaceuticals Inc. 0.89% 4,889,200 $17.6M Add +1.9%
GSK GSK PLC-Spon ADR 0.78% 400,000 $15.4M No change
HELP Cybin Inc. 0.78% 1,830,097 $15.4M No change
LQDA Liquidia Corp. 0.72% 1,143,759 $14.3M Reduce -4.7%
ZYME Zymeworks Inc. 0.70% 1,100,000 $13.8M No change
URGN Urogen Pharma Ltd. 0.69% 1,000,000 $13.7M New
DERM Journey Medical Corp. 0.67% 1,854,596 $13.3M No change
CRGX Cargo Therapeutics Inc. 0.64% 3,059,630 $12.6M No change
TDOC Teladoc Health Inc. 0.62% 1,400,000 $12.2M No change
NKTX Nkarta Inc. 0.59% 7,055,576 $11.7M No change
ELAN Elanco Animal Health Inc. 0.58% 800,100 $11.4M No change
VNDA Vanda Pharmaceuticals Inc. 0.56% 2,353,307 $11.1M No change
ALT Altimmune Inc. 0.54% 2,750,000 $10.6M No change
AZN Astrazeneca PLC-Spons ADR 0.53% 150,000 $10.5M Reduce -40.0%
TVTX Travere Therapeutics Inc. 0.52% 700,000 $10.4M New
ARVN Arvinas Inc. 0.52% 1,393,800 $10.3M No change
VKTX Viking Therapeutics Inc. 0.50% 370,000 $9.8M Add +37.0%
HLVX Hillevax Inc. 0.49% 4,920,000 $9.8M No change
PCVX Vaxcyte Inc. 0.49% 300,000 $9.8M No change
SNY Sanofi-ADR 0.49% 200,000 $9.7M Reduce -25.9%
WGS Genedx Holdings Corp. 0.47% 100,000 $9.2M New
ABCL Abcellera Biologics Inc. 0.45% 2,600,000 $8.9M No change
HRMY Harmony Biosciences Holdings 0.45% 281,200 $8.9M No change
APGE Apogee Therapeutics Inc. 0.44% 200,000 $8.7M No change
IDXX Idexx Laboratories Inc. 0.43% 16,000 $8.6M Add +220.0%
CGEM Cullinan Therapeutics Inc. 0.43% 1,121,138 $8.4M No change
MRNA Moderna Inc. 0.43% 305,300 $8.4M No change
BABA Alibaba Group Holding-SP ADR 0.40% 70,000 $7.9M No change
LLY Eli Lilly & Co. 0.39% 10,000 $7.8M New
NUVB Nuvation Bio Inc. 0.38% 3,900,000 $7.6M No change
EPIX Essa Pharma Inc. 0.37% 4,300,000 $7.3M No change
SRPT Sarepta Therapeutics Inc. 0.36% 420,300 $7.2M New
BCRX Biocryst Pharmaceuticals Inc. 0.36% 800,000 $7.2M No change
BLCO Bausch + Lomb Corp. 0.36% 550,000 $7.2M No change
PLRX Pliant Therapeutics Inc. 0.35% 6,000,000 $7.0M No change
VTYX Ventyx Biosciences Inc. 0.34% 3,100,000 $6.6M No change
BIOA Bioage Labs Inc. 0.33% 1,600,000 $6.6M No change
IBRX Immunitybio Inc. 0.31% 2,333,333 $6.2M No change
DSGN Design Therapeutics Inc. 0.30% 1,780,975 $6.0M Add +6.0%
ALMS Alumis Inc. 0.30% 1,996,797 $6.0M New
IONS Ionis Pharmaceuticals Inc. 0.30% 150,000 $5.9M No change
STOK Stoke Therapeutics Inc. 0.29% 500,000 $5.7M No change
EWTX Edgewise Therapeutics Inc. 0.29% 431,300 $5.7M Add +43.8%
SMMT Summit Therapeutics Inc. 0.27% 250,000 $5.3M New
REGN Regeneron Pharmaceuticals 0.27% 10,000 $5.3M No change
BDTX Black Diamond Therapeutics I 0.26% 2,070,209 $5.1M No change
THRD Third Harmonic Bio Inc. 0.26% 929,727 $5.0M No change
ACET Adicet Bio Inc. 0.25% 8,223,612 $5.0M No change
DNTH Dianthus Therapeutics Inc. 0.25% 264,692 $4.9M No change
BHC Bausch Health Cos Inc. 0.25% 736,827 $4.9M New
JANX Janux Therapeutics Inc. 0.23% 200,000 $4.6M Add +33.3%
VRTX Vertex Pharmaceuticals Inc. 0.23% 10,000 $4.5M New
HRTX Heron Therapeutics Inc. 0.22% 2,135,459 $4.4M Reduce -4.5%
BIIB Biogen Inc. 0.22% 35,000 $4.4M No change
SLNO Soleno Therapeutics Inc. 0.21% 50,000 $4.2M No change
GMAB Genmab A/S -SP ADR 0.21% 200,000 $4.1M No change
LNTH Lantheus Holdings Inc. 0.21% 50,000 $4.1M No change
MIND MEDICINE MINDMED INC 0.20% 600,200 $3.9M Add +50.0%
NUVL Nuvalent Inc. Class A 0.19% 50,000 $3.8M No change
NVAX Novavax Inc. 0.19% 600,000 $3.8M No change
CHRS Coherus Oncology Inc. 0.19% 5,097,362 $3.7M No change
RVMD Revolution Medicines Inc. 0.19% 100,000 $3.7M No change
CMPS Compass Pathways PLC 0.18% 1,300,000 $3.6M Reduce -7.1%
TGTX TG Therapeutics Inc. 0.18% 100,000 $3.6M No change
TECX Tectonic Therapeutic Inc. 0.18% 179,166 $3.6M No change
SWTX Springworks Therapeutics Inc. 0.18% 74,265 $3.5M No change
BEAM Beam Therapeutics Inc. 0.18% 205,000 $3.5M Add +310.0%
ATYR Atyr Pharma Inc. 0.17% 671,134 $3.4M No change
CYTK Cytokinetics Inc. 0.17% 100,000 $3.3M No change
KZR Kezar Life Sciences Inc. 0.17% 720,000 $3.3M No change
IOVA Iovance Biotherapeutics Inc. 0.16% 1,800,000 $3.1M No change
TBPH Theravance Biopharma Inc. 0.15% 264,308 $2.9M Add +0.5%
ARE Alexandria Real Estate Equit 0.15% 40,000 $2.9M No change
SEER Seer Inc. 0.15% 1,344,423 $2.9M Add +3.9%
MTSR Metsera Inc. 0.14% 100,000 $2.8M New
PYXS Pyxis Oncology Inc. 0.14% 2,500,000 $2.8M Add +127.3%
DTIL Precision Biosciences Inc. 0.14% 653,649 $2.7M Reduce -2.9%
MLYS Mineralys Therapeutics Inc. 0.14% 200,000 $2.7M No change
CGON CG Oncology Inc. 0.12% 87,500 $2.3M New
FATE Fate Therapeutics Inc. 0.11% 1,867,773 $2.1M No change
RCKT Rocket Pharmaceuticals Inc. 0.11% 850,000 $2.1M No change
TSHA Taysha Gene Therapies Inc. 0.11% 900,000 $2.1M New
BHVN Biohaven Ltd. 0.10% 140,000 $2.0M No change
CDNA Caredx Inc. 0.10% 100,000 $2.0M No change
ERAS Erasca Inc. 0.10% 1,502,915 $1.9M Add +26.3%
SNDX Syndax Pharmaceuticals Inc. 0.09% 200,000 $1.9M No change
JPM JPMorgan Chase & Co. 0.09% 6,312 $1.8M Reduce -28.7%
STRO Sutro Biopharma Inc. Com SHS 0.09% 2,561,586 $1.8M Add +1180.8%
ZNTL Zentalis Pharmaceuticals Inc. 0.09% 1,550,000 $1.8M Add +3.3%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.09% 14,493 $1.8M Reduce -22.2%
MSFT Microsoft Corp. 0.09% 3,546 $1.8M Reduce -26.5%
V Visa Inc. Class A 0.09% 4,869 $1.7M Reduce -25.9%
WMT Walmart Inc. 0.09% 17,242 $1.7M Reduce -27.6%
KO The Coca-Cola Co. 0.08% 22,712 $1.6M Reduce -23.7%
BRK.B Berkshire Hathaway Inc. Class B 0.08% 3,250 $1.6M Reduce -26.1%
VZ Verizon Communications Inc. 0.08% 36,266 $1.6M Reduce -23.1%
TXN Texas Instruments Inc. 0.08% 7,415 $1.5M Reduce -24.1%
INTC Intel Corp. 0.07% 66,216 $1.5M Reduce -22.1%
NFLX Netflix Inc. 0.07% 1,089 $1.5M Reduce -16.3%
JNJ Johnson & Johnson 0.07% 9,472 $1.4M Reduce -22.6%
PG The Procter & Gamble Co. 0.07% 8,952 $1.4M Reduce -24.2%
NKE Nike Inc. Class B 0.07% 19,399 $1.4M Reduce -21.7%
XOM Exxon Mobil Corp. 0.07% 12,651 $1.4M Reduce -23.8%
OPRX Optimizerx Corp. 0.07% 100,000 $1.4M No change
HD Home Depot Inc. 0.07% 3,646 $1.3M Reduce -24.8%
ALXO Alx Oncology Holdings Inc. 0.07% 3,158,265 $1.3M No change
PYPL PayPal Holdings Inc. 0.07% 17,323 $1.3M Reduce -21.6%
CCCC C4 Therapeutics Inc. 0.07% 900,000 $1.3M No change
PFE Pfizer Inc. 0.07% 53,039 $1.3M Reduce -20.6%
GE General Electric filed as GE AEROSPACE 0.06% 4,986 $1.3M Reduce -12.1%
GEV GE Vernova Inc. 0.06% 2,421 $1.3M Reduce -6.6%
CLYM Climb Bio Inc. 0.06% 1,000,000 $1.2M No change
VTRS Viatris Inc. 0.06% 128,359 $1.1M Reduce -24.0%
ULTA Ulta Beauty Inc. 0.06% 2,410 $1.1M Reduce -7.5%
VSTM Verastem Inc. 0.06% 270,000 $1.1M No change
NMRA Neumora Therapeutics Inc. 0.05% 1,400,000 $1.0M No change
ALGS Aligos Therapeutics Inc. 0.05% 141,131 $1.0M No change
AXP American Express Co. 0.05% 3,168 $1.0M Reduce -13.6%
AAT American Assets Trust Inc. 0.05% 50,000 $988K No change
KLRS Kalaris Therapeutics Inc. 0.05% 360,859 $963K Add +16.7%
BOLT Bolt Biotherapeutics Inc. 0.05% 166,879 $963K Reduce -12.5%
ENTA Enanta Pharmaceuticals Inc. 0.05% 126,655 $958K No change
AMZN Amazon.com Inc. 0.05% 4,314 $947K Reduce -11.9%
TPST Tempest Therapeutics Inc. 0.05% 138,962 $945K New
TMUS T-Mobile US Inc. 0.05% 3,796 $904K Reduce -12.3%
ALL Allstate Corp. 0.05% 4,488 $903K Reduce -12.2%
CRBP Corbus Pharmaceuticals Holdi 0.04% 127,520 $880K No change
PAYX Paychex Inc. 0.04% 6,048 $880K Reduce -9.6%
TCRX Tscan Therapeutics Inc. 0.04% 600,000 $870K No change
MCD McDonald's Corp. 0.04% 2,925 $854K Reduce -9.4%
HRL Hormel Foods Corp. 0.04% 28,094 $850K Reduce -7.8%
UNH Unitedhealth Group Inc. 0.04% 2,721 $849K Reduce -23.2%
HPE Hewlett Packard Enterprise 0.04% 40,002 $818K Reduce -10.2%
F Ford Motor Co. filed as FORD MTR CO 0.04% 75,380 $818K Reduce -7.8%
CBIO Crescent Biopharma Inc. 0.04% 50,152 $809K New
SHW The Sherwin-Williams Co. 0.04% 2,343 $805K Reduce -11.5%
UAL United Airlines Holdings Inc. 0.04% 10,065 $801K Reduce -16.1%
WHR Whirlpool Corp. 0.04% 7,553 $766K Reduce -7.5%
SEE Sealed Air Corp. 0.04% 24,400 $757K Reduce -9.4%
APLT Applied Therapeutics Inc. 0.04% 2,428,169 $755K No change
CVX Chevron Corp. 0.04% 5,239 $750K Reduce -8.0%
PBYI Puma Biotechnology Inc. 0.03% 200,000 $686K No change
FDX FedEx Corp. 0.03% 2,892 $657K Reduce -9.7%
CNTA Centessa Pharmaceuticals Ltd. 0.03% 50,000 $657K No change
AMLX Amylyx Pharmaceuticals Inc. 0.03% 100,000 $641K No change
CLX Clorox Company 0.03% 5,154 $619K Reduce -10.6%
PASG Passage Bio Inc. 0.03% 1,500,000 $600K No change
KURA Kura Oncology Inc. 0.03% 100,000 $577K No change
BCAB Bioatla Inc. 0.03% 1,374,076 $544K No change
ATXS Astria Therapeutics Inc. 0.03% 100,000 $536K No change
OABI Omniab Inc. 0.03% 300,000 $522K No change
IPSC Century Therapeutics Inc. 0.03% 900,000 $503K No change
FTRE Fortrea Holdings Inc. 0.03% 100,000 $494K No change
LAB Standard Biotools Inc. 0.02% 407,755 $489K No change
FLNA Filana Therapeutics Inc. filed as CASSAVA SCIENCES INC 0.02% 239,820 $434K Add +19.9%
OKUR Onkure Therapeutics Inc. Class A 0.02% 169,245 $404K Reduce -57.7%
KOD Kodiak Sciences Inc. 0.02% 100,000 $373K No change
MGX Metagenomi Therapeutics Inc. 0.01% 200,000 $296K Add +48.2%
IVVD Invivyd Inc. 0.01% 400,000 $286K No change
MGNX Macrogenics Inc. 0.01% 218,856 $265K No change
ATHIRA PHARMA INC 0.01% 600,000 $181K No change
FENC Fennec Pharmaceuticals Inc. 0.01% 20,527 $170K New
MCRB Seres Therapeutics Inc. 0.01% 13,921 $155K Add +36.5%
ACTU Actuate Therapeutics Inc. 0.00% 5,243 $32K New
GALT Galectin Therapeutics Inc. 0.00% 12,913 $27K New

Portfolio Sells Q1 2025 → Q2 2025
DVAX Dynavax Technologies Corp. Reduce -66.1% 0.98% −3.15
ITCI Intra-Cellular Therapies Inc. Sold out 0.00% −1.61
SLRN Acelyrin Inc. Sold out 0.00% −1.34
ONC Beone Medicines Ltd.-ADR Sold out 0.00% −0.56
CRSP Crispr Therapeutics AG Sold out 0.00% −0.50
AZN Astrazeneca PLC-Spons ADR Reduce -40.0% 0.53% −0.49
PHAT Phathom Pharmaceuticals Inc. Sold out 0.00% −0.42
SNY Sanofi-ADR Reduce -25.9% 0.49% −0.34
LQDA Liquidia Corp. Reduce -4.7% 0.72% −0.26
VIR Vir Biotechnology Inc. Sold out 0.00% −0.18
ALLK Allakos LLC Sold out 0.00% −0.11
BLUEBIRD BIO INC Sold out 0.00% −0.11
ANAB Anaptysbio Inc. Reduce -13.9% 1.49% −0.10
OKUR Onkure Therapeutics Inc. Class A Reduce -57.7% 0.02% −0.07
ELEV Elevation Oncology Inc. Sold out 0.00% −0.07
KRON Kronos Bio Inc. Sold out 0.00% −0.06
UNH Unitedhealth Group Inc. Reduce -23.2% 0.04% −0.06
BRK.B Berkshire Hathaway Inc. Class B Reduce -26.1% 0.08% −0.05
HRTX Heron Therapeutics Inc. Reduce -4.5% 0.22% −0.05
CAPR Capricor Therapeutics Inc. Sold out 0.00% −0.04
XOM Exxon Mobil Corp. Reduce -23.8% 0.07% −0.04
V Visa Inc. Class A Reduce -25.9% 0.09% −0.04
PG The Procter & Gamble Co. Reduce -24.2% 0.07% −0.04
JNJ Johnson & Johnson Reduce -22.6% 0.07% −0.04
VZ Verizon Communications Inc. Reduce -23.1% 0.08% −0.04
DTIL Precision Biosciences Inc. Reduce -2.9% 0.14% −0.04
CMPS Compass Pathways PLC Reduce -7.1% 0.18% −0.04
KO The Coca-Cola Co. Reduce -23.7% 0.08% −0.04
BOLT Bolt Biotherapeutics Inc. Reduce -12.5% 0.05% −0.04
INTC Intel Corp. Reduce -22.1% 0.07% −0.03
HD Home Depot Inc. Reduce -24.8% 0.07% −0.03
WMT Walmart Inc. Reduce -27.6% 0.09% −0.03
LXRX Lexicon Pharmaceuticals Inc. Sold out 0.00% −0.03
PFE Pfizer Inc. Reduce -20.6% 0.07% −0.03
JPM JPMorgan Chase & Co. Reduce -28.7% 0.09% −0.03
OTLK Outlook Therapeutics Inc. Sold out 0.00% −0.03
REVIVA PHARMACEUTCLS HLDGS I Sold out 0.00% −0.03
ATRA Atara Biotherapeutics Inc. Sold out 0.00% −0.02
VTRS Viatris Inc. Reduce -24.0% 0.06% −0.02
TXN Texas Instruments Inc. Reduce -24.1% 0.08% −0.02
TMUS T-Mobile US Inc. Reduce -12.3% 0.05% −0.02
NKE Nike Inc. Class B Reduce -21.7% 0.07% −0.02
GRAL Grail Inc. Sold out 0.00% −0.02
CLX Clorox Company Reduce -10.6% 0.03% −0.02
CVX Chevron Corp. Reduce -8.0% 0.04% −0.01
PYPL PayPal Holdings Inc. Reduce -21.6% 0.07% −0.01
QUINCE THERAPEUTICS INC Sold out 0.00% −0.01
ALL Allstate Corp. Reduce -12.2% 0.05% −0.01
MCD McDonald's Corp. Reduce -9.4% 0.04% −0.01
PAYX Paychex Inc. Reduce -9.6% 0.04% −0.01

Portfolio Buys Q1 2025 → Q2 2025
VERA Vera Therapeutics Inc. Add +800.0% 1.61% +1.41
MRUS Merus NV Add +500.0% 1.60% +1.36
MTD Mettler-Toledo International New 1.16% +1.16
BA The Boeing Co. Add +1641.3% 1.12% +1.06
ITOS Iteos Therapeutics Inc. Add +42.3% 1.93% +1.04
CTMX Cytomx Therapeutics Inc. Add +64.7% 1.27% +1.03
URGN Urogen Pharma Ltd. New 0.69% +0.69
KNSA Kiniksa Pharmaceuticals Inte Add +9.9% 3.26% +0.65
CMPX Compass Therapeutics Inc. Add +22.1% 1.77% +0.61
INSM Insmed Inc. Add +100.0% 1.02% +0.60
SYRE Spyre Therapeutics Inc. Add +56.1% 2.42% +0.59
TVTX Travere Therapeutics Inc. New 0.52% +0.52
WGS Genedx Holdings Corp. New 0.47% +0.47
LLY Eli Lilly & Co. New 0.39% +0.39
SRPT Sarepta Therapeutics Inc. New 0.36% +0.36
KROS Keros Therapeutics Inc. Add +29.0% 0.96% +0.34
IDXX Idexx Laboratories Inc. Add +220.0% 0.43% +0.32
ALMS Alumis Inc. New 0.30% +0.30
SMMT Summit Therapeutics Inc. New 0.27% +0.27
BHC Bausch Health Cos Inc. New 0.25% +0.25
LENZ Lenz Therapeutics Inc. Add +17.0% 1.33% +0.24
VRTX Vertex Pharmaceuticals Inc. New 0.23% +0.23
IMCR Immunocore Holdings PLC-ADR Add +9.9% 3.34% +0.20
MTSR Metsera Inc. New 0.14% +0.14
LKFT Lakefront Biotherapeutic-ADR Add +0.7% 5.65% +0.14
VKTX Viking Therapeutics Inc. Add +37.0% 0.50% +0.13
BEAM Beam Therapeutics Inc. Add +310.0% 0.18% +0.12
CGON CG Oncology Inc. New 0.12% +0.12
TSHA Taysha Gene Therapies Inc. New 0.11% +0.11
AVIR Atea Pharmaceuticals Inc. Add +1.9% 0.89% +0.10
STRO Sutro Biopharma Inc. Com SHS Add +1180.8% 0.09% +0.09
PYXS Pyxis Oncology Inc. Add +127.3% 0.14% +0.08
MIND MEDICINE MINDMED INC Add +50.0% 0.20% +0.07
TPST Tempest Therapeutics Inc. New 0.05% +0.05
CBIO Crescent Biopharma Inc. New 0.04% +0.04
SEER Seer Inc. Add +3.9% 0.15% +0.02
TBPH Theravance Biopharma Inc. Add +0.5% 0.15% +0.02
JANX Janux Therapeutics Inc. Add +33.3% 0.23% +0.01
FENC Fennec Pharmaceuticals Inc. New 0.01% +0.01
ERAS Erasca Inc. Add +26.3% 0.10% +0.01
FLNA Filana Therapeutics Inc. Add +19.9% 0.02% +0.01
MGX Metagenomi Therapeutics Inc. Add +48.2% 0.01% +0.00
ACTU Actuate Therapeutics Inc. New 0.00% +0.00
GALT Galectin Therapeutics Inc. New 0.00% +0.00
MCRB Seres Therapeutics Inc. Add +36.5% 0.01% −0.00
ZNTL Zentalis Pharmaceuticals Inc. Add +3.3% 0.09% −0.04
DSGN Design Therapeutics Inc. Add +6.0% 0.30% −0.06
REPL Replimune Group Inc. Add +10.3% 1.50% −0.06
VRDN Viridian Therapeutics Inc. Add +1.8% 2.01% −0.07
EWTX Edgewise Therapeutics Inc. Add +43.8% 0.29% −0.08

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 40$2.2BAUPH, SYRE, MIRM, KNSA, CELC
Q1 2026 51$2.0BAUPH, CELC, MIRM, LKFT, SPY
Q4 2025 75$2.0BAUPH, LKFT, PTCT, CELC, MIRM
Q3 2025 194$2.6BTARS, LKFT, AUPH, PTCT, MIRM
Q2 2025 200$2.0BLKFT, TARS, AUPH, IMCR, KNSA
Q1 2025 202$1.8BTARS, LKFT, AUPH, DVAX, EOLS
Q4 2024 183$1.5BTARS, AUPH, LKFT, EOLS, MIRM
Q3 2024 154$1.4BEOLS, TARS, AUPH, VRDN, MIRM
Q2 2024 127$979.0MTARS, EOLS, KALV, MIRM, ANAB
Q1 2024 99$960.4MTARS, EOLS, KALV, ANAB, MIRM