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Holdings, Q2 2026

Largest first. Common shares only.

Latest 13F holdings
#The fund's own figures at the end of the quarter. A report can be up to 45 days old when it is filed. Options and bonds are not counted here.Filing
1AUPH
Aurinia Pharmaceuticals Inc
13.04M$221.4M10.1%+6.7%13F ↗
2SYRE
Spyre Therapeutics, Inc.
1.89M$168.0M7.6%Unchanged13F ↗
3MIRM
Mirum Pharmaceuticals, Inc.
1.24M$144.7M6.6%Unchanged13F ↗
4KNSA
Kiniksa Pharmaceuticals International, plc
2.26M$144.5M6.6%Unchanged13F ↗
5CELC
Celcuity Inc.
1.31M$137.5M6.2%+25.2%13F ↗
6CORT
Corcept Therapeutics Incorporated
1.50M$130.4M5.9%Unchanged13F ↗
7PTCT
PTC Therapeutics, Inc.
1.50M$122.4M5.6%Unchanged13F ↗
8LKFT
Lakefront Biotherapeutics · ADR
3.79M$113.5M5.2%Unchanged13F ↗
9CAPR
Capricor Therapeutics, Inc.
4.10M$98.7M4.5%+20.6%13F ↗
10TARS
Tarsus Pharmaceuticals, Inc.
1.57M$98.7M4.5%+31.9%13F ↗
11SPY
State Street SPDR S&P 500 ETF Trust · Trust units
123,000$91.9M4.2%-26.8%13F ↗
12ANAB
AnaptysBio, Inc.
1.33M$89.8M4.1%-33.3%13F ↗
13IMCR
Immunocore Holdings plc · ADR
2.65M$84.1M3.8%Unchanged13F ↗
14CMPS
COMPASS Pathways Plc · ADR
5.00M$70.8M3.2%+24.9%13F ↗
15ANIP
ANI Pharmaceuticals, Inc.
707,500$58.6M2.7%Unchanged13F ↗
16BNTX
BioNTech SE · ADR
470,000$43.7M2.0%Unchanged13F ↗
17CMPX
Compass Therapeutics, Inc.
17.99M$39.4M1.8%+7.1%13F ↗
18PGEN
Precigen, Inc.
6.42M$36.6M1.7%Unchanged13F ↗
19VRDN
Viridian Therapeutics, Inc.
1.79M$32.9M1.5%Unchanged13F ↗
20NVCT
Nuvectis Pharma, Inc.
1.55M$28.5M1.3%New13F ↗
21DNTH
Dianthus Therapeutics, Inc.
264,692$25.8M1.2%Unchanged13F ↗
22FULC
Fulcrum Therapeutics, Inc.
6.52M$23.9M1.1%New13F ↗
23AVIR
Atea Pharmaceuticals, Inc.
4.81M$22.4M1.0%Unchanged13F ↗
24CBIO
Crescent Biopharma, Inc.
1.16M$20.9M0.9%Unchanged13F ↗
25NNDM
Nano Dimension Ltd. · ADR
14.29M$20.7M0.9%New13F ↗
26VKTX
Viking Therapeutics, Inc.
500,000$19.5M0.9%Unchanged13F ↗
27NUVB
Nuvation Bio Inc.
3.30M$18.7M0.9%+4.8%13F ↗
28IDYA
IDEAYA Biosciences, Inc.
450,000$16.8M0.8%Unchanged13F ↗
29DERM
Journey Medical Corporation
1.61M$11.4M0.5%Unchanged13F ↗
30INSM
Insmed Incorporated · Com Par $.01
100,000$10.7M0.5%-61.5%13F ↗
31STOK
Stoke Therapeutics, Inc.
300,000$9.8M0.4%-40.0%13F ↗
32PLRX
Pliant Therapeutics, Inc.
6.14M$7.0M0.3%Unchanged13F ↗
33BOLD
Boundless Bio, Inc.
2.56M$6.4M0.3%New13F ↗
34PMVP
PMV Pharmaceuticals, Inc.
4.25M$5.7M0.3%Unchanged13F ↗
35MRNA
Moderna, Inc.
50,000$3.5M0.2%-50.0%13F ↗
36Wave Life Sciences Ltd600,000$3.5M0.2%Unchanged13F ↗
37HRTX
Heron Therapeutics, Inc.
6.25M$2.7M0.1%Unchanged13F ↗
38LENZ
LENZ Therapeutics, Inc.
451,114$2.6M0.1%Unchanged13F ↗
39ALT
Altimmune, Inc.
666,022$2.0M0.1%Unchanged13F ↗
40RCKT
Rocket Pharmaceuticals, Inc.
100,000$342.0K<0.1%Unchanged13F ↗

Changes since Q1 2026

4 new, 7 added to, 6 trimmed, 15 exited, 23 unchanged. By estimated dollars.

New positions (4)

New positions
NVCT
Nuvectis Pharma, Inc.
1.55MNew$28.5M
FULC
Fulcrum Therapeutics, Inc.
6.52MNew$23.9M
NNDM
Nano Dimension Ltd. · ADR
14.29MNew$20.7M
BOLD
Boundless Bio, Inc.
2.56MNew$6.4M

Added to (7)

Added to
CELC
Celcuity Inc.
1.31M+25.2%$27.7M
TARS
Tarsus Pharmaceuticals, Inc.
1.57M+31.9%$23.9M
CAPR
Capricor Therapeutics, Inc.
4.10M+20.6%$16.9M
CMPS
COMPASS Pathways Plc · ADR
5.00M+24.9%$14.1M
AUPH
Aurinia Pharmaceuticals Inc
13.04M+6.7%$13.8M
CMPX
Compass Therapeutics, Inc.
17.99M+7.1%$2.6M
NUVB
Nuvation Bio Inc.
3.30M+4.8%$852.0K

Trimmed (6)

Trimmed
ANAB
AnaptysBio, Inc.
1.33M-33.3%-$44.9M
SPY
State Street SPDR S&P 500 ETF Trust · Trust units
123,000-26.8%-$33.6M
INSM
Insmed Incorporated · Com Par $.01
100,000-61.5%-$17.1M
STOK
Stoke Therapeutics, Inc.
300,000-40.0%-$6.5M
MRNA
Moderna, Inc.
50,000-50.0%-$3.5M
PLRX
Pliant Therapeutics, Inc.
6.14MUnchanged-$2,133

Exited (15)

Exited
Kalvista Pharmaceuticals Inc4.57MExited-$92.1M
JANX
Janux Therapeutics, Inc.
500,000Exited-$7.0M
BIIB
Biogen Inc.
35,000Exited-$6.4M
URGN
UroGen Pharma Ltd.
350,000Exited-$6.3M
ARVN
Arvinas, Inc.
538,658Exited-$5.7M
Kezar Life Sciences Inc664,314Exited-$4.9M
AGIO
Agios Pharmaceuticals, Inc.
100,000Exited-$3.4M
ERAS
Erasca, Inc.
200,000Exited-$3.2M
CHRS
Coherus Oncology, Inc.
1.89MExited-$3.2M
NKTX
Nkarta, Inc.
1.48MExited-$3.1M

The 10 largest of each, by estimated dollars: shares changed times the later report's price. Index tracking, splits and mergers move positions too.

Compare two quarters

Pick any two quarters: what is new, added to, trimmed or exited. Premium plan.

Reported value by quarter

Value and number of positions at the end of each quarter.

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Largest positions in earlier quarters

Pick a quarter to see what the fund's biggest positions were then.

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Ten largest positions

By value, Q2 2026.

$0$100.0M$200.0M$300.0MAUPH · Value: $221,358,479AUPHSYRE · Value: $167,989,516SYREMIRM · Value: $144,701,681MIRMKNSA · Value: $144,519,902KNSACELC · Value: $137,532,824CELCCORT · Value: $130,425,000CORTPTCT · Value: $122,355,000PTCTLKFT · Value: $113,504,010LKFTCAPR · Value: $98,725,592CAPRTARS · Value: $98,706,662TARS

Filings

13F filings
Filing
Q2 2026Aug 14, 202613F-HR41$2.2BCurrentSEC ↗
Q1 2026May 15, 202613F-HR51$2.0BCurrentSEC ↗
Q4 2025Feb 17, 202613F-HR75$2.0BCurrentSEC ↗
Q3 2025Nov 14, 202513F-HR194$2.6BCurrentSEC ↗
Q2 2025Aug 14, 202513F-HR200$2.0BCurrentSEC ↗
Q1 2025May 15, 202513F-HR202$1.8BCurrentSEC ↗

Most recent first, up to 80. An amendment can replace a report or add holdings to it. All 13F filings

Information, not investment advice. Values are the fund's own figures at quarter end; a report can be up to 45 days old when filed. Disclaimer