13F holdings as of 2025-12-31 · vs 2025-09-30 · long US-listed positions only
| # | Holding | Shares | Value | % of 13F | QoQ Δ | |
|---|---|---|---|---|---|---|
| 1 | ARQTARCUTIS BIOTHERAPEUTICS INC | ADD | 12.0M | $347.4M | 8.7% | +$149.9M |
| 2 | BNTCBENITEC BIOPHARMA INC | ADD | 11.5M | $155.6M | 3.9% | +$17.0M |
| 3 | LEGNLEGEND BIOTECH CORP | ADD | 6.6M | $143.7M | 3.6% | +$19.2M |
| 4 | EYPTEYEPOINT INC | ADD | 7.8M | $143.0M | 3.6% | +$54.8M |
| 5 | RCUSARCUS BIOSCIENCES INC | ADD | 5.2M | $123.7M | 3.1% | +$73.5M |
| 6 | IMMATICS N.V | TRIM | 11.2M | $117.5M | 2.9% | +$15.0M |
| 7 | BIOHAVEN LTD | ADD | 10.3M | $116.1M | 2.9% | +$31.8M |
| 8 | METAMETA PLATFORMS INC | TRIM | 169K | $111.6M | 2.8% | -$14.0M |
| 9 | APLSUSDAPELLIS PHARMACEUTICALS INC | ADD | 4.1M | $104.0M | 2.6% | +$38.9M |
| 10 | NVDANVIDIA CORPORATION | ADD | 531K | $99.0M | 2.5% | +$8.8M |
| 11 | KOCOCA COLA CO | TRIM | 1.4M | $96.7M | 2.4% | +$167K |
| 12 | GEGE AEROSPACE | 310K | $95.6M | 2.4% | +$2.2M | |
| 13 | AMZNAMAZON COM INC | ADD | 406K | $93.7M | 2.3% | +$45.8M |
| 14 | PVLAPALVELLA THERAPEUTICS INC NE | ADD | 892K | $93.4M | 2.3% | +$41.9M |
| 15 | KURAKURA ONCOLOGY INC | ADD | 8.6M | $89.1M | 2.2% | +$17.3M |
| 16 | BACBANK AMERICA CORP | ADD | 1.5M | $83.5M | 2.1% | +$23.6M |
| 17 | AMDADVANCED MICRO DEVICES INC | TRIM | 390K | $83.4M | 2.1% | +$18.9M |
| 18 | HDHOME DEPOT INC | ADD | 241K | $82.9M | 2.1% | +$2.9M |
| 19 | AVBPARRIVENT BIOPHARMA INC | ADD | 4.1M | $82.6M | 2.1% | +$14.3M |
| 20 | TSMTAIWAN SEMICONDUCTOR MANUFAC | TRIM | 271K | $82.5M | 2.1% | +$5.1M |
| 21 | SYYSYSCO CORP | NEW | 1.1M | $79.9M | 2.0% | new |
| 22 | APOAPOLLO GLOBAL MGMT INC | ADD | 543K | $78.6M | 2.0% | +$21.1M |
| 23 | MSFTMICROSOFT CORP | ADD | 160K | $77.2M | 1.9% | +$20.5M |
| 24 | KALVKALVISTA PHARMACEUTICALS INC | 4.8M | $77.0M | 1.9% | +$18.9M | |
| 25 | CMPXCOMPASS THERAPEUTICS INC | ADD | 14.2M | $76.2M | 1.9% | +$26.8M |
| 26 | FULCFULCRUM THERAPEUTICS INC | ADD | 6.6M | $74.2M | 1.8% | +$24.7M |
| 27 | NOWSERVICENOW INC | ADD | 389K | $59.7M | 1.5% | +$39.4M |
| 28 | DHRDANAHER CORP DEL | TRIM | 244K | $55.9M | 1.4% | +$5.2M |
| 29 | MLYSMINERALYS THERAPEUTICS INC | TRIM | 1.5M | $55.8M | 1.4% | -$25.0M |
| 30 | ERASERASCA INC | 14.5M | $53.9M | 1.3% | +$22.3M | |
| 31 | CRMSALESFORCE INC | ADD | 200K | $53.0M | 1.3% | +$23.3M |
| 32 | GLUEMONTE ROSA THERAPEUTICS INC | 3.4M | $52.7M | 1.3% | +$27.8M | |
| 33 | CAPRCAPRICOR THERAPEUTICS INC | NEW | 1.8M | $51.5M | 1.3% | new |
| 34 | RAREULTRAGENYX PHARMACEUTICAL IN | 2.0M | $46.4M | 1.2% | -$14.3M | |
| 35 | ORCLORACLE CORP | 226K | $44.1M | 1.1% | -$19.5M | |
| 36 | MGMMGM RESORTS INTERNATIONAL | NEW | 1.2M | $43.9M | 1.1% | new |
| 37 | COFCAPITAL ONE FINL CORP | TRIM | 172K | $41.7M | 1.0% | -$9.1M |
| 38 | TSLATESLA INC | 91K | $41.0M | 1.0% | +$456K | |
| 39 | MSOSADVISORSHARES TR | ADD | 8.7M | $40.9M | 1.0% | +$6.6M |
| 40 | UNHUNITEDHEALTH GROUP INC | ADD | 111K | $36.7M | 0.9% | +$3.5M |
| 41 | FERGFERGUSON ENTERPRISES INC | TRIM | 159K | $35.4M | 0.9% | -$33.3M |
| 42 | BSXBOSTON SCIENTIFIC CORP | 354K | $33.7M | 0.8% | -$806K | |
| 43 | CTNMCONTINEUM THERAPEUTICS INC | ADD | 2.8M | $32.5M | 0.8% | +$12.3M |
| 44 | ZURA BIO LTD | ADD | 5.6M | $29.2M | 0.7% | +$5.5M |
| 45 | UNIQURE NV | NEW | 1.2M | $29.1M | 0.7% | new |
| 46 | PROKPROKIDNEY CORP | 12.3M | $27.6M | 0.7% | -$2.2M | |
| 47 | COHRCOHERENT CORP | NEW | 138K | $25.5M | 0.6% | new |
| 48 | CMGCHIPOTLE MEXICAN GRILL INC | NEW | 686K | $25.4M | 0.6% | new |
| 49 | AURAAURA BIOSCIENCES INC | 4.4M | $23.8M | 0.6% | -$3.2M | |
| 50 | TNGXTANGO THERAPEUTICS INC | NEW | 2.7M | $23.6M | 0.6% | new |
| 51 | BIIBBIOGEN INC | TRIM | 132K | $23.3M | 0.6% | -$278K |
| 52 | DKSDICKS SPORTING GOODS INC | TRIM | 114K | $22.6M | 0.6% | -$5.9M |
| 53 | GSGOLDMAN SACHS GROUP INC | 24K | $21.2M | 0.5% | +$2.0M | |
| 54 | JNJJOHNSON & JOHNSON | TRIM | 99K | $20.4M | 0.5% | -$4.2M |
| 55 | INSMINSMED INC | TRIM | 109K | $19.0M | 0.5% | -$12.3M |
| 56 | ABEOABEONA THERAPEUTICS INC | 2.7M | $14.1M | 0.4% | -$27K | |
| 57 | LXEOLEXEO THERAPEUTICS INC | NEW | 1.3M | $12.4M | 0.3% | new |
| 58 | RCKTROCKET PHARMACEUTICALS INC | TRIM | 3.0M | $10.5M | 0.3% | -$2.0M |
| 59 | MOLNMOLECULAR PARTNERS AG | 2.2M | $9.7M | 0.2% | +$1.4M | |
| 60 | EXKEXACT SCIENCES CORP | 94K | $9.6M | 0.2% | +$4.4M | |
| 61 | WHWKWHITEHAWK THERAPEUTICS INC | 3.7M | $9.0M | 0.2% | +$1.9M | |
| 62 | INFLARX NV | ADD | 7.9M | $8.0M | 0.2% | -$675K |
| 63 | TMOTHERMO FISHER SCIENTIFIC INC | 13K | $7.8M | 0.2% | +$1.3M | |
| 64 | ABTABBOTT LABORATORIES | 51K | $6.4M | 0.2% | -$441K | |
| 65 | MRNAMODERNA INC | NEW | 206K | $6.1M | 0.2% | new |
| 66 | 2KZ0KEZAR LIFE SCIENCES INC | 717K | $4.5M | 0.1% | +$1.7M | |
| 67 | CORCENCORA INC | 12K | $4.2M | 0.1% | +$315K | |
| 68 | UTHRUNITED THERAPEUTICS CORP DEL | 8K | $3.7M | 0.1% | +$510K | |
| 69 | ISRGINTUITIVE SURGICAL INC | 5K | $2.9M | 0.1% | +$619K | |
| 70 | MTDMETTLER TOLEDO INTERNATIONAL | 2K | $2.7M | 0.1% | +$327K | |
| 71 | MEDTRONIC PLC | 25K | $2.4M | 0.1% | +$21K | |
| 72 | NTRANATERA INC | 10K | $2.3M | 0.1% | +$688K | |
| 73 | DXCMDEXCOM INC | 32K | $2.1M | 0.1% | -$29K | |
| 74 | SYKSTRYKER CORPORATION | 6K | $2.1M | 0.1% | -$107K | |
| 75 | MDLNMEDLINE INC | NEW | 43K | $1.8M | 0.0% | new |
| 76 | IQVIQVIA HLDGS INC | 7K | $1.6M | 0.0% | +$254K | |
| 77 | MCKMCKESSON CORP | 2K | $1.5M | 0.0% | +$87K | |
| 78 | HCAHCA HEALTHCARE INC | 3K | $1.5M | 0.0% | +$130K | |
| 79 | WATWATERS CORP | 3K | $1.2M | 0.0% | +$252K | |
| 80 | EWEDWARDS LIFESCIENCES CORP | 11K | $946K | 0.0% | +$83K | |
| 81 | IONSIONIS PHARMACEUTICALS INC | 11K | $854K | 0.0% | +$148K | |
| 82 | AAGILENT TECHNOLOGIES INC | 5K | $679K | 0.0% | +$39K | |
| 83 | RMDRESMED INC | 2K | $576K | 0.0% | -$79K | |
| 84 | VLTOVERALTO CORP | 5K | $546K | 0.0% | -$37K | |
| 85 | VRDNVIRIDIAN THERAPEUTICS INC | NEW | 17K | $520K | 0.0% | new |
| 86 | STERIS PLC | 2K | $388K | 0.0% | +$9K | |
| 87 | SRPTSAREPTA THERAPEUTICS INC | 18K | $385K | 0.0% | +$40K | |
| 88 | REPLREPLIMUNE GROUP INC | NEW | 36K | $350K | 0.0% | new |
| 89 | ZBHZIMMER BIOMET HOLDINGS INC | 3K | $293K | 0.0% | -$28K | |
| 90 | CRLCHARLES RIV LABS INTL INC | NEW | 1K | $201K | 0.0% | new |
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).