13F holdings as of 2025-12-31 · vs 2025-09-30 · long US-listed positions only
| # | Holding | Shares | Value | % of 13F | QoQ Δ | |
|---|---|---|---|---|---|---|
| 1 | NUVLNUVALENT INC | TRIM | 17.2M | $1.74B | 22.2% | +$179.2M |
| 2 | BKD 3.5 10/15/29BROOKDALE SR LIVING INC | NEW | 306.9M | $427.5M | 5.5% | new |
| 3 | COGTCOGENT BIOSCIENCES INC | TRIM | 9.0M | $321.2M | 4.1% | +$191.2M |
| 4 | PRAXPRAXIS PRECISION MEDICINES I | ADD | 903K | $266.3M | 3.4% | +$221.7M |
| 5 | CNCCENTENE CORP DEL | TRIM | 6.4M | $265.3M | 3.4% | -$57.4M |
| 6 | VTRSVIATRIS INC | TRIM | 20.2M | $251.6M | 3.2% | +$13.0M |
| 7 | RVMDREVOLUTION MEDICINES INC | TRIM | 2.9M | $230.6M | 3.0% | +$60.1M |
| 8 | UTHRUNITED THERAPEUTICS CORP DEL | 426K | $207.6M | 2.7% | +$29.0M | |
| 9 | VERAVERA THERAPEUTICS INC | ADD | 4.1M | $205.6M | 2.6% | +$99.8M |
| 10 | MIRM 4 05/01/29MIRUM PHARMACEUTICALS INC | 70.0M | $180.7M | 2.3% | +$12.5M | |
| 11 | CELCCELCUITY INC | ADD | 1.7M | $171.0M | 2.2% | +$134.7M |
| 12 | NBIXNEUROCRINE BIOSCIENCES INC | 1.2M | $168.0M | 2.2% | +$1.7M | |
| 13 | IONSIONIS PHARMACEUTICALS INC | 2.0M | $156.6M | 2.0% | +$27.1M | |
| 14 | NEWAMSTERDAM PHARMA COMPANY | TRIM | 4.2M | $146.1M | 1.9% | +$24.8M |
| 15 | INSPINSPIRE MED SYS INC | ADD | 1.5M | $138.9M | 1.8% | +$61.1M |
| 16 | LEGNLEGEND BIOTECH CORP | ADD | 5.9M | $129.0M | 1.7% | +$32.4M |
| 17 | BKDBROOKDALE SR LIVING INC | TRIM | 11.6M | $125.6M | 1.6% | +$27.0M |
| 18 | INDIVIOR PLC | TRIM | 3.4M | $121.7M | 1.6% | -$46.7M |
| 19 | ARWRARROWHEAD PHARMACEUTICALS IN | ADD | 1.8M | $121.7M | 1.6% | +$87.4M |
| 20 | LRMRLARIMAR THERAPEUTICS INC | 30.6M | $116.6M | 1.5% | +$17.8M | |
| 21 | CPRXCATALYST PHARMACEUTICALS INC | TRIM | 4.9M | $114.6M | 1.5% | +$16.6M |
| 22 | AHCOADAPTHEALTH CORP | 11.5M | $114.3M | 1.5% | +$11.6M | |
| 23 | BCRXBIOCRYST PHARMACEUTICALS INC | ADD | 14.3M | $111.9M | 1.4% | +$19.5M |
| 24 | IONS 1.75 06/15/28IONIS PHARMACEUTICALS INC | 60.0M | $95.3M | 1.2% | +$12.7M | |
| 25 | ALHC 4.25 11/15/29ALIGNMENT HEALTHCARE INC | NEW | 61.0M | $92.6M | 1.2% | new |
| 26 | SPRYARS PHARMACEUTICALS INC | 7.5M | $87.4M | 1.1% | +$12.0M | |
| 27 | PHARVARIS N V | ADD | 3.1M | $86.7M | 1.1% | +$25.8M |
| 28 | SVRASAVARA INC | ADD | 13.6M | $81.8M | 1.0% | +$53.4M |
| 29 | IDYAIDEAYA BIOSCIENCES INC | 2.2M | $74.4M | 1.0% | +$15.8M | |
| 30 | CERTCERTARA INC | ADD | 7.8M | $68.8M | 0.9% | -$13.6M |
| 31 | BIOBIO RAD LABS INC | 226K | $68.5M | 0.9% | +$5.1M | |
| 32 | NEO 0.25 01/15/28NEOGENOMICS INC | 72.7M | $64.7M | 0.8% | +$1.8M | |
| 33 | ACHCACADIA HEALTHCARE COMPANY IN | ADD | 4.5M | $64.1M | 0.8% | +$34.7M |
| 34 | BBOTBRIDGEBIO ONCOLOGY THERAPEUT | 4.9M | $61.2M | 0.8% | +$4.6M | |
| 35 | STOKSTOKE THERAPEUTICS INC | NEW | 1.8M | $57.9M | 0.7% | new |
| 36 | LNTHLANTHEUS HLDGS INC | NEW | 828K | $55.1M | 0.7% | new |
| 37 | GPCRSTRUCTURE THERAPEUTICS INC | ADD | 768K | $53.4M | 0.7% | +$43.0M |
| 38 | NVSTENVISTA HOLDINGS CORPORATION | TRIM | 2.3M | $49.5M | 0.6% | +$2.8M |
| 39 | EHABUSDENHABIT INC | 4.7M | $43.8M | 0.6% | +$5.7M | |
| 40 | KYMRKYMERA THERAPEUTICS INC | TRIM | 561K | $43.7M | 0.6% | +$11.3M |
| 41 | CDNACAREDX INC | 2.2M | $41.3M | 0.5% | +$9.4M | |
| 42 | IRONDISC MEDICINE INC | TRIM | 511K | $40.6M | 0.5% | -$20.2M |
| 43 | SIONSIONNA THERAPEUTICS INC | 971K | $39.9M | 0.5% | +$11.4M | |
| 44 | LIVN 2.5 03/15/29LIVANOVA PLC | 34.3M | $39.7M | 0.5% | +$2.9M | |
| 45 | BLTEBELITE BIO INC | NEW | 234K | $37.4M | 0.5% | new |
| 46 | DAWNGBXDAY ONE BIOPHARMACEUTICALS I | TRIM | 3.7M | $34.7M | 0.4% | +$1.5M |
| 47 | PHRPHREESIA INC | ADD | 2.0M | $33.8M | 0.4% | +$7.6M |
| 48 | EMBCEMBECTA CORP | ADD | 2.8M | $32.7M | 0.4% | -$4.3M |
| 49 | VCYTVERACYTE INC | 726K | $30.6M | 0.4% | +$5.6M | |
| 50 | LNTH 2.625 12/15/27LANTHEUS HLDGS INC | 25.3M | $28.9M | 0.4% | +$2.4M | |
| 51 | BBNXBETA BIONICS INC | TRIM | 938K | $28.6M | 0.4% | +$5.4M |
| 52 | VTRVENTAS INC | 354K | $27.4M | 0.4% | +$2.6M | |
| 53 | IMCR 2.5 02/01/30IMMUNOCORE HLDGS PLC | 30.0M | $27.1M | 0.3% | +$41K | |
| 54 | ALNYALNYLAM PHARMACEUTICALS INC | 68K | $27.0M | 0.3% | -$4.0M | |
| 55 | TNGXTANGO THERAPEUTICS INC | NEW | 2.9M | $25.8M | 0.3% | new |
| 56 | XENEXENON PHARMACEUTICALS INC | 542K | $24.3M | 0.3% | +$2.5M | |
| 57 | SYRESPYRE THERAPEUTICS INC | ADD | 711K | $23.3M | 0.3% | +$13.0M |
| 58 | FHTXFOGHORN THERAPEUTICS INC | ADD | 3.6M | $19.7M | 0.3% | +$3.8M |
| 59 | CMPXCOMPASS THERAPEUTICS INC | NEW | 3.6M | $19.4M | 0.2% | new |
| 60 | EWTXEDGEWISE THERAPEUTICS INC | 766K | $19.0M | 0.2% | +$6.6M | |
| 61 | KYTXKYVERNA THERAPEUTICS INC | NEW | 2.0M | $18.8M | 0.2% | new |
| 62 | TSHATAYSHA GENE THERAPIES INC | TRIM | 2.7M | $15.0M | 0.2% | -$2.6M |
| 63 | CRMDCORMEDIX INC | TRIM | 1.1M | $12.9M | 0.2% | -$25.8M |
| 64 | TOITHE ONCOLOGY INSTITUTE INC | 3.4M | $12.0M | 0.2% | +$235K | |
| 65 | MNPRMONOPAR THERAPEUTICS INC | ADD | 171K | $11.1M | 0.1% | -$1.9M |
| 66 | MDLNMEDLINE INC | NEW | 260K | $10.9M | 0.1% | new |
| 67 | OMDAOMADA HEALTH INC | 553K | $8.7M | 0.1% | -$3.5M | |
| 68 | CALCCALCIMEDICA INC | 1.3M | $8.6M | 0.1% | +$4.6M | |
| 69 | PBHPRESTIGE CONSMR HEALTHCARE I | ADD | 70K | $4.3M | 0.1% | +$269K |
| 70 | CGEMCULLINAN THERAPEUTICS INC | TRIM | 386K | $4.0M | 0.1% | -$13.4M |
| 71 | VEEVVEEVA SYS INC | NEW | 18K | $4.0M | 0.1% | new |
| 72 | RDNTRADNET INC | ADD | 50K | $3.6M | 0.0% | +$522K |
| 73 | LHLABCORP HOLDINGS INC | ADD | 14K | $3.5M | 0.0% | +$3.2M |
| 74 | ENOVENOVIS CORPORATION | ADD | 127K | $3.4M | 0.0% | +$1.3M |
| 75 | ALHCALIGNMENT HEALTHCARE INC | ADD | 164K | $3.2M | 0.0% | +$1.4M |
| 76 | DGXQUEST DIAGNOSTICS INC | NEW | 18K | $3.2M | 0.0% | new |
| 77 | TMDXTRANSMEDICS GROUP INC | ADD | 25K | $3.1M | 0.0% | +$1.7M |
| 78 | PODDINSULET CORP | ADD | 11K | $3.0M | 0.0% | +$1.6M |
| 79 | ANNXANNEXON INC | 584K | $2.9M | 0.0% | +$1.2M | |
| 80 | BLFSBIOLIFE SOLUTIONS INC | ADD | 120K | $2.9M | 0.0% | +$70K |
| 81 | CHECHEMED CORP NEW | ADD | 6K | $2.7M | 0.0% | +$571K |
| 82 | WOOFPETCO HEALTH & WELLNESS CO I | NEW | 936K | $2.6M | 0.0% | new |
| 83 | KIDSORTHOPEDIATRICS CORP | TRIM | 144K | $2.6M | 0.0% | -$1.0M |
| 84 | CITHE CIGNA GROUP | NEW | 9K | $2.5M | 0.0% | new |
| 85 | TRUPTRUPANION INC | ADD | 66K | $2.5M | 0.0% | +$14K |
| 86 | RMDRESMED INC | NEW | 10K | $2.4M | 0.0% | new |
| 87 | BSXBOSTON SCIENTIFIC CORP | TRIM | 25K | $2.4M | 0.0% | -$679K |
| 88 | DVADAVITA INC | ADD | 21K | $2.4M | 0.0% | -$92K |
| 89 | DOCSDOXIMITY INC | NEW | 52K | $2.3M | 0.0% | new |
| 90 | DXCMDEXCOM INC | ADD | 33K | $2.2M | 0.0% | +$687K |
| 91 | IRTCIRHYTHM HOLDINGS INC | TRIM | 12K | $2.1M | 0.0% | -$822K |
| 92 | NEWAMSTERDAM PHARMA COMPANY | 93K | $2.1M | 0.0% | +$547K | |
| 93 | CNMDCONMED CORP | TRIM | 53K | $2.1M | 0.0% | -$33.6M |
| 94 | MASIMASIMO CORP | NEW | 16K | $2.1M | 0.0% | new |
| 95 | LMATLEMAITRE VASCULAR INC | TRIM | 26K | $2.1M | 0.0% | -$528K |
| 96 | TXG10X GENOMICS INC | TRIM | 127K | $2.1M | 0.0% | -$989K |
| 97 | ATRCATRICURE INC | TRIM | 52K | $2.1M | 0.0% | -$1.0M |
| 98 | AVNSAVANOS MED INC | ADD | 167K | $1.9M | 0.0% | +$455K |
| 99 | CRVLCORVEL CORP | TRIM | 28K | $1.9M | 0.0% | -$470K |
| 100 | CAHCARDINAL HEALTH INC | NEW | 9K | $1.8M | 0.0% | new |
Showing the top 100 of 149 positions by value.
Source: SEC Form 13F. Values are as-of 2025-12-31 (quarter-end), not live. Percentages are of reported 13F value, not the fund’s full AUM (13F excludes shorts, cash, bonds, most non-US holdings).