Q2 2025 Holdings
Filed 2025-08-14 | 51 holdings | $903.8M | 13F-HR | View on SEC ↗ · Holdings Table ↗
Sign in to see sub-manager breakdown
| Issuer | Class | CUSIP | Value ↓ | Shares | % Portfolio |
|---|---|---|---|---|---|
| Spdr Series Trust(XBI)Call | S&P BIOTECH | 78464A870 | $82.9M | 1,000,000 | 9.2% |
| Ideaya Biosciences Inc(IDYA) | COM | 45166A102 | $70.3M | 3,345,000 | 7.8% |
| Akero Therapeutics Inc(AKRO) | COM | 00973Y108 | $64.0M | 1,200,000 | 7.1% |
| Revolution Medicines Inc(RVMD) | COM | 76155X100 | $62.5M | 1,700,000 | 6.9% |
| Jazz Pharmaceuticals PLC(JAZZ) | SHS USD | G50871105 | $47.8M | 450,000 | 5.3% |
| Disc Medicine Inc(IRON) | COM | 254604101 | $37.1M | 700,000 | 4.1% |
| Avidity Biosciences Inc(RNA) | COM | 05370A108 | $27.0M | 950,000 | 3.0% |
| Keros Therapeutics Inc(KROS) | COM | 492327101 | $26.7M | 2,000,000 | 3.0% |
| Teva Pharmaceutical Inds LTD(TEVA)Call | SPONSORED ADS | 881624209 | $25.1M | 1,500,000 | 2.8% |
| Biogen Inc(BIIB) | COM | 09062X103 | $25.1M | 200,000 | 2.8% |
| United Therapeutics Corp del(UTHR) | COM | 91307C102 | $24.4M | 85,000 | 2.7% |
| Arvinas Inc(ARVN) | COM | 04335A105 | $24.3M | 3,300,000 | 2.7% |
| Janux Therapeutics Inc(JANX) | COM | 47103J105 | $23.1M | 1,000,000 | 2.6% |
| Ocular Therapeutix Inc(OCUL) | COM | 67576A100 | $20.4M | 2,200,000 | 2.3% |
| Erasca Inc(ERAS) | COM | 29479A108 | $19.1M | 15,000,000 | 2.1% |
| Neurocrine Biosciences Inc(NBIX) | COM | 64125C109 | $18.9M | 150,000 | 2.1% |
| Dyne Therapeutics Inc(DYN) | COM | 26818M108 | $18.1M | 1,900,000 | 2.0% |
| Immunocore Hldgs PLC(IMCR) | ADS | 45258D105 | $18.0M | 575,000 | 2.0% |
| Structure Therapeutics Inc(GPCR) | SPONSORED ADS | 86366E106 | $17.6M | 850,000 | 2.0% |
| Apellis Pharmaceuticals Inc(APLS)Call | COM | 03753U106 | $17.3M | 1,000,000 | 1.9% |
| Madrigal Pharmaceuticals Inc(MDGL) | COM | 558868105 | $15.1M | 50,000 | 1.7% |
| Design Therapeutics Inc(DSGN) | COM | 25056L103 | $14.2M | 4,217,627 | 1.6% |
| Krystal Biotech Inc(KRYS) | COM | 501147102 | $13.7M | 100,000 | 1.5% |
| Olema Pharmaceuticals Inc(OLMA) | COM | 68062P106 | $13.7M | 3,208,875 | 1.5% |
| Celldex Therapeutics Inc New(CLDX) | COM NEW | 15117B202 | $12.2M | 600,000 | 1.4% |
| Janux Therapeutics Inc(JANX)Call | COM | 47103J105 | $11.6M | 500,000 | 1.3% |
| Arvinas Inc(ARVN)Call | COM | 04335A105 | $11.0M | 1,500,000 | 1.2% |
| Biohaven LTD(BHVN) | COM | G1110E107 | $9.9M | 700,000 | 1.1% |
| Xencor Inc(XNCR) | COM | 98401F105 | $9.8M | 1,250,000 | 1.1% |
| Praxis Precision Medicines I(PRAX) | COM NEW | 74006W207 | $9.5M | 225,000 | 1.0% |
| Moonlake Immunotherapeutics(MLTX) | CLASS A ORD | 61559X104 | $9.4M | 200,000 | 1.0% |
| Cidara Therapeutics Inc(CDTX) | COM NEW | 171757206 | $9.3M | 190,000 | 1.0% |
| Crescent Biopharma Inc.(CBIO) | COM | G2545C104 | $8.9M | 553,686 | 1.0% |
| Legend Biotech Corp(LEGN) | SPONSORED ADS | 52490G102 | $8.9M | 250,000 | 1.0% |
| Rhythm Pharmaceuticals Inc(RYTM) | COM | 76243J105 | $8.2M | 130,000 | 0.9% |
| Maze Therapeutics Inc(MAZE) | COM | 578784100 | $7.5M | 611,914 | 0.8% |
| Larimar Therapeutics Inc(LRMR)Call | COM | 517125100 | $7.2M | 2,500,000 | 0.8% |
| Enliven Therapeutics Inc(ELVN) | COM | 29337E102 | $7.0M | 350,000 | 0.8% |
| Jade Biosciences Inc(JBIO) | COM NEW | 008064206 | $6.2M | 625,000 | 0.7% |
| Annexon Inc(ANNX) | COM | 03589W102 | $5.8M | 2,410,000 | 0.6% |
| Metsera Inc | COM | 59267L107 | $5.7M | 200,000 | 0.6% |
| Trevi Therapeutics Inc(TRVI) | COM | 89532M101 | $4.6M | 850,000 | 0.5% |
| Immunovant Inc(IMVT) | COM | 45258J102 | $4.4M | 275,000 | 0.5% |
| Verastem Inc(VSTM) | COM NEW | 92337C203 | $4.2M | 1,000,000 | 0.5% |
| Astria Therapeutics Inc(CATBUSD) | COM | 04635X102 | $3.8M | 700,000 | 0.4% |
| Bicara Therapeutics Inc(BCAX) | COM | 055477103 | $3.7M | 400,000 | 0.4% |
| Aclaris Therapeutics Inc(ACRS) | COM | 00461U105 | $2.6M | 1,850,000 | 0.3% |
| Rapport Therapeutics Inc(RAPP) | COM | 75383L102 | $2.4M | 208,910 | 0.3% |
| Unicycive Therapeutics Inc(UNCY) | COM NEW | 90466Y202 | $2.3M | 473,562 | 0.2% |
| Septerna Inc(SEPN) | COM | 81734D104 | $1.2M | 109,202 | 0.1% |