Q1 2025 · 13F-HR
TANG CAPITAL MANAGEMENT LLCholdings as filed
Filed 2025-05-15 · accession 0001214659-25-007882
$1.81B
Reported value
202
Positions
2025-03-31
Period end
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 87650L103 | TARS | TARSUS PHARMACEUTICALS INC | $126.1M | 6.98% | 2,454,797 | Common | SHARED |
| 36315X101 | LKFT | GALAPAGOS NV | $99.5M | 5.51% | 3,961,797 | Common | SHARED |
| 05156V102 | AUPH | AURINIA PHARMACEUTICALS INC | $80.6M | 4.46% | 10,029,500 | Common | SHARED |
| 268158201 | DVAX | DYNAVAX TECHNOLOGIES CORP | $74.6M | 4.13% | 5,750,000 | Common | SHARED |
| 30052C107 | EOLS | EVOLUS INC | $60.1M | 3.33% | 4,997,399 | Common | SHARED |
| 483497103 | KALV | KALVISTA PHARMACEUTICALS INC | $57.0M | 3.15% | 4,941,798 | Common | SHARED |
| 45258D105 | IMCR | IMMUNOCORE HLDGS PLC | $56.8M | 3.14% | 1,915,708 | Common | SHARED |
| 604749101 | MIRM | MIRUM PHARMACEUTICALS INC | $55.7M | 3.08% | 1,237,107 | Common | SHARED |
| 69366J200 | PTCT | PTC THERAPEUTICS INC | $51.0M | 2.82% | 1,000,000 | Common | SHARED |
| G52694109 | KNSA | KINIKSA PHARMACEUTICALS INTL | $47.1M | 2.60% | 2,118,579 | Common | SHARED |
| 92790C104 | VRDN | VIRIDIAN THERAPEUTICS INC | $37.6M | 2.08% | 2,792,925 | Common | SHARED |
| 00773J202 | SYRE | SPYRE THERAPEUTICS INC | $33.1M | 1.83% | 2,050,000 | Common | SHARED |
| 46116X101 | ITCIEUR | INTRA-CELLULAR THERAPIES INC | $29.0M | 1.61% | 220,000 | Common | SHARED |
| 032724106 | ANAB | ANAPTYSBIO INC | $28.7M | 1.59% | 1,545,153 | Common | SHARED |
| 76029N106 | REPL | REPLIMUNE GROUP INC | $28.3M | 1.56% | 2,900,000 | Common | SHARED |
| 52490G102 | LEGN | LEGEND BIOTECH CORP | $28.2M | 1.56% | 830,000 | Common | SHARED |
| 004225108 | ACAD | ACADIA PHARMACEUTICALS INC | $24.9M | 1.38% | 1,500,000 | Common | SHARED |
| 09075V102 | BNTX | BIONTECH SE | $24.6M | 1.36% | 270,000 | Common | SHARED |
| 00445A100 | — | ACELYRIN INC | $24.3M | 1.34% | 9,818,115 | Common | SHARED |
| G50871105 | JAZZ | JAZZ PHARMACEUTICALS PLC | $23.6M | 1.30% | 190,000 | Common | SHARED |
| 00182C103 | ANIP | ANI PHARMACEUTICALS INC | $21.3M | 1.18% | 317,500 | Common | SHARED |
| 75943R102 | RLAY | RELAY THERAPEUTICS INC | $21.1M | 1.17% | 8,068,058 | Common | SHARED |
| 20454B104 | CMPX | COMPASS THERAPEUTICS INC | $21.0M | 1.16% | 11,052,632 | Common | SHARED |
| 000899104 | ADMA | ADMA BIOLOGICS INC | $20.8M | 1.15% | 1,050,000 | Common | SHARED |
| 52635N103 | LENZ | LENZ THERAPEUTICS INC | $19.7M | 1.09% | 766,940 | Common | SHARED |
| 046353108 | AZNN | ASTRAZENECA PLC | $18.4M | 1.02% | 250,000 | Common | SHARED |
| 53635D202 | LQDA | LIQUIDIA CORPORATION | $17.7M | 0.98% | 1,200,000 | Common | SHARED |
| 64125C109 | NBIX | NEUROCRINE BIOSCIENCES INC | $16.6M | 0.92% | 150,000 | Common | SHARED |
| G29687103 | AVDL | AVADEL PHARMACEUTICALS PLC | $16.4M | 0.91% | 2,097,500 | Common | SHARED |
| 46565G104 | 5E7 | ITEOS THERAPEUTICS INC | $16.1M | 0.89% | 2,689,200 | Common | SHARED |
| 30303M102 | META | META PLATFORMS INC | $15.9M | 0.88% | 27,575 | Common | SHARED |
| 37733W204 | GSK | GSK PLC | $15.5M | 0.86% | 400,000 | Common | SHARED |
| 67066G104 | NVDA | NVIDIA CORPORATION | $15.5M | 0.85% | 142,569 | Common | SHARED |
| 80105N105 | SNY | SANOFI | $15.0M | 0.83% | 270,000 | Common | SHARED |
| 04683R106 | AVIR | ATEA PHARMACEUTICALS INC | $14.4M | 0.79% | 4,800,000 | Common | SHARED |
| 02155H200 | ALT | ALTIMMUNE INC | $13.8M | 0.76% | 2,750,000 | Common | SHARED |
| 98985Y108 | ZYME | ZYMEWORKS INC | $13.1M | 0.72% | 1,100,000 | Common | SHARED |
| 65487U108 | NKTX | NKARTA INC | $13.0M | 0.72% | 7,055,576 | Common | SHARED |
| 14179K101 | CRGX | CARGO THERAPEUTICS INC | $12.5M | 0.69% | 3,059,630 | Common | SHARED |
| 23256X407 | HELP | CYBIN INC | $11.6M | 0.64% | 1,830,097 | Common | SHARED |
| 92243G108 | PCVX | VAXCYTE INC | $11.3M | 0.63% | 300,000 | Common | SHARED |
| 492327101 | KROS | KEROS THERAPEUTICS INC | $11.2M | 0.62% | 1,100,000 | Common | SHARED |
| 87918A105 | TDOC | TELADOC HEALTH INC | $11.1M | 0.62% | 1,400,000 | Common | SHARED |
| 48115J109 | DERM | JOURNEY MED CORP | $10.9M | 0.61% | 1,854,596 | Common | SHARED |
| 921659108 | VNDA | VANDA PHARMACEUTICALS INC | $10.8M | 0.60% | 2,353,307 | Common | SHARED |
| 07725L102 | ONC | BEIGENE LTD | $10.1M | 0.56% | 37,000 | Common | SHARED |
| 04335A105 | ARVN | ARVINAS INC | $9.8M | 0.54% | 1,393,800 | Common | SHARED |
| 413197104 | HRMY | HARMONY BIOSCIENCES HLDGS IN | $9.3M | 0.52% | 281,200 | Common | SHARED |
| 01609W102 | BABA | ALIBABA GROUP HOLDING LTD ADR | $9.3M | 0.51% | 70,000 | Common | SHARED |
| H17182108 | CRSP | CRISPR THERAPEUTICS AG | $9.1M | 0.50% | 266,500 | Common | SHARED |
| 60770K107 | MRNA | MODERNA INC | $8.7M | 0.48% | 305,300 | Common | SHARED |
| 230031106 | CGEM | CULLINAN THERAPEUTICS INC | $8.5M | 0.47% | 1,121,138 | Common | SHARED |
| 28414H103 | ELAN | ELANCO ANIMAL HEALTH INC | $8.4M | 0.46% | 800,100 | Common | SHARED |
| 729139105 | PLRX | PLIANT THERAPEUTICS INC ORD | $8.1M | 0.45% | 6,000,000 | Common | SHARED |
| 071705107 | BLCO | BAUSCH PLUS LOMB CORP | $8.0M | 0.44% | 550,000 | Common | SHARED |
| 457669307 | INSM | INSMED INC | $7.6M | 0.42% | 100,000 | Common | SHARED |
| 71722W107 | PHAT | PHATHOM PHARMACEUTICALS INC | $7.5M | 0.42% | 1,200,000 | Common | SHARED |
| 03770N101 | APGE | APOGEE THERAPEUTICS INC | $7.5M | 0.41% | 200,000 | Common | SHARED |
| 43157M102 | — | HILLEVAX INC | $7.1M | 0.39% | 4,920,000 | Common | SHARED |
| 45256X103 | IBRX | IMMUNITYBIO INC | $7.0M | 0.39% | 2,333,333 | Common | SHARED |
| 67080N101 | NUVB | NUVATION BIO INC | $6.9M | 0.38% | 3,900,000 | Common | SHARED |
| 29668H708 | EPIEUR | ESSA PHARMA INC | $6.8M | 0.38% | 4,300,000 | Common | SHARED |
| 28036F105 | EWTX | EDGEWISE THERAPEUTICS INC | $6.6M | 0.37% | 300,000 | Common | SHARED |
| 92686J106 | VKTX | VIKING THERAPEUTICS INC | $6.5M | 0.36% | 270,000 | Common | SHARED |
| 25056L103 | DSGN | DESIGN THERAPEUTICS INC | $6.5M | 0.36% | 1,680,975 | Common | SHARED |
| 75886F107 | REGN | REGENERON PHARMACEUTICALS | $6.3M | 0.35% | 10,000 | Common | SHARED |
| 007002108 | TORCEUR | ADICET BIO INC | $6.2M | 0.34% | 8,223,612 | Common | SHARED |
| 09077V100 | BIOA | BIOAGE LABS INC | $6.0M | 0.33% | 1,600,000 | Common | SHARED |
| 09058V103 | BCRX | BIOCRYST PHARMACEUTICALS INC | $6.0M | 0.33% | 800,000 | Common | SHARED |
| 462260100 | IOVA | IOVANCE BIOTHERAPEUTICS INC | $6.0M | 0.33% | 1,800,000 | Common | SHARED |
| 00288U106 | ABCL | ABCELLERA BIOLOGICS INC | $5.8M | 0.32% | 2,600,000 | Common | SHARED |
| 77313F106 | RCKT | ROCKET PHARMACEUTICALS INC | $5.7M | 0.31% | 850,000 | Common | SHARED |
| 427746102 | HRTX | HERON THERAPEUTICS INC | $4.9M | 0.27% | 2,235,459 | Common | SHARED |
| 516544103 | LNTH | LANTHEUS HLDGS INC | $4.9M | 0.27% | 50,000 | Common | SHARED |
| 252828108 | DNTH | DIANTHUS THERAPEUTICS INC | $4.8M | 0.27% | 264,692 | Common | SHARED |
| 09062X103 | BIIB | BIOGEN INC | $4.8M | 0.26% | 35,000 | Common | SHARED |
| 462222100 | IONS | IONIS PHARMACEUTICALS INC | $4.5M | 0.25% | 150,000 | Common | SHARED |
| 23284F105 | CTMX | CYTOMX THERAPEUTICS INC | $4.3M | 0.24% | 6,717,825 | Common | SHARED |
| N5749R100 | 2GH | MERUS N V | $4.2M | 0.23% | 100,000 | Common | SHARED |
| 19249H103 | CHRS | COHERUS BIOSCIENCES INC | $4.1M | 0.23% | 5,097,362 | Common | SHARED |
| 47103J105 | JANX | JANUX THERAPEUTICS INC | $4.0M | 0.22% | 150,000 | Common | SHARED |
| 23282W605 | CYTK | CYTOKINETICS INC | $4.0M | 0.22% | 100,000 | Common | SHARED |
| 20451W101 | CMPS | COMPASS PATHWAYS PLC | $4.0M | 0.22% | 1,400,000 | Common | SHARED |
| 88322Q108 | TGTX | TG THERAPEUTICS INC | $3.9M | 0.22% | 100,000 | Common | SHARED |
| 372303206 | GMAB | GENMAB A/S | $3.9M | 0.22% | 200,000 | Common | SHARED |
| 670002401 | NVAX | NOVAVAX INC | $3.8M | 0.21% | 600,000 | Common | SHARED |
| 015271109 | ARE | ALEXANDRIA REAL ESTATE EQ IN | $3.7M | 0.20% | 40,000 | Common | SHARED |
| 92337R101 | VERA | VERA THERAPEUTICS INC CL A | $3.6M | 0.20% | 150,000 | Common | SHARED |
| 834203309 | SLNO | SOLENO THERAPEUTICS INC | $3.6M | 0.20% | 50,000 | Common | SHARED |
| 92332V107 | VTYXUSD | VENTYX BIOSCIENCES INC | $3.6M | 0.20% | 3,100,000 | Common | SHARED |
| 670703107 | NUVL | NUVALENT INC | $3.5M | 0.20% | 50,000 | Common | SHARED |
| 76155X100 | RVMD | REVOLUTION MEDICINES INC | $3.5M | 0.20% | 100,000 | Common | SHARED |
| 49372L209 | 2KZ0 | KEZAR LIFE SCIENCES INC | $3.5M | 0.19% | 720,000 | Common | SHARED |
| G1110E107 | BHVN | BIOHAVEN LTD | $3.4M | 0.19% | 140,000 | Common | SHARED |
| 86150R107 | STOK | STOKE THERAPEUTICS INC | $3.3M | 0.18% | 500,000 | Common | SHARED |
| 85205L107 | SWTXUSD | SPRINGWORKS THERAPEUTICS INC | $3.3M | 0.18% | 74,265 | Common | SHARED |
| 92764N102 | VIR | VIR BIOTECHNOLOGY INC | $3.2M | 0.18% | 500,000 | Common | SHARED |
| 88427A107 | — | THIRD HARMONIC BIO INC | $3.2M | 0.18% | 929,727 | Common | SHARED |
| 74019P207 | DTIL | PRECISION BIOSCIENCES INC | $3.2M | 0.18% | 673,332 | Common | SHARED |
| 09203E105 | BDTX | BLACK DIAMOND THERAPEUTICS I | $3.2M | 0.18% | 2,070,209 | Common | SHARED |
| 603170101 | MLYS | MINERALYS THERAPEUTICS INC | $3.2M | 0.18% | 200,000 | Common | SHARED |
| 878972108 | TECX | TECTONIC THERAPEUTIC INC | $3.2M | 0.18% | 179,166 | Common | SHARED |
| 482929106 | KLRS | KALARIS THERAPEUTICS, INC | $2.5M | 0.14% | 309,221 | Common | SHARED |
| 87164F105 | SNDX | SYNDAX PHARMACEUTICALS INC | $2.5M | 0.14% | 200,000 | Common | SHARED |
| 98943L107 | ZNTL | ZENTALIS PHARMACEUTICALS INC | $2.4M | 0.13% | 1,500,000 | Common | SHARED |
| G8807B106 | TBPH | THERAVANCE BIOPHARMA INC | $2.3M | 0.13% | 262,896 | Common | SHARED |
| 084670702 | BRK/B | BERKSHIRE HATHAWAY INC DEL | $2.3M | 0.13% | 4,401 | Common | SHARED |
| 60255C885 | BRD1EUR | MIND MEDICINE MINDMED INC | $2.3M | 0.13% | 400,200 | Common | SHARED |
| 92826C839 | V | VISA INC | $2.3M | 0.13% | 6,570 | Common | SHARED |
| 81578P106 | SEER | SEER INC | $2.2M | 0.12% | 1,294,423 | Common | SHARED |
| 46625H100 | JPM | JPMORGAN CHASE & CO. | $2.2M | 0.12% | 8,854 | Common | SHARED |
| 92343V104 | VZ | VERIZON COMMUNICATIONS INC | $2.1M | 0.12% | 47,153 | Common | SHARED |
| 191216100 | KO | COCA COLA CO | $2.1M | 0.12% | 29,762 | Common | SHARED |
| 45168D104 | IDXX | IDEXX LABS INC | $2.1M | 0.12% | 5,000 | Common | SHARED |
| 931142103 | WMT | WALMART INC | $2.1M | 0.12% | 23,802 | Common | SHARED |
| 478160104 | JNJ | JOHNSON & JOHNSON | $2.0M | 0.11% | 12,243 | Common | SHARED |
| 002120202 | ATYR | ATYR PHARMA INC | $2.0M | 0.11% | 671,134 | Common | SHARED |
| 742718109 | PG | PROCTER AND GAMBLE CO | $2.0M | 0.11% | 11,813 | Common | SHARED |
| 01671P100 | ALLKGUSD | ALLAKOS INC | $2.0M | 0.11% | 8,693,687 | Common | SHARED |
| 30231G102 | XOM | EXXON MOBIL CORP | $2.0M | 0.11% | 16,597 | Common | SHARED |
| 00166B105 | ALXO | ALX ONCOLOGY HLDGS INC | $2.0M | 0.11% | 3,158,265 | Common | SHARED |
| 09609G209 | BLE0 | BLUEBIRD BIO INC | $2.0M | 0.11% | 400,000 | Common | SHARED |
| 458140100 | INTC | INTEL CORP | $1.9M | 0.11% | 84,945 | Common | SHARED |
| 91324P102 | UNH | UNITEDHEALTH GROUP INC | $1.9M | 0.10% | 3,541 | Common | SHARED |
| 254687106 | DIS | DISNEY WALT CO | $1.8M | 0.10% | 18,626 | Common | SHARED |
| 594918104 | MSFT | MICROSOFT CORP | $1.8M | 0.10% | 4,825 | Common | SHARED |
| 437076102 | HD | HOME DEPOT INC | $1.8M | 0.10% | 4,850 | Common | SHARED |
| 14167L103 | CDNA | CAREDX INC | $1.8M | 0.10% | 100,000 | Common | SHARED |
| 882508104 | TXN | TEXAS INSTRS INC | $1.8M | 0.10% | 9,775 | Common | SHARED |
| 68277Q105 | OKUR | ONKURE THERAPEUTICS INC | $1.7M | 0.10% | 400,000 | Common | SHARED |
| 717081103 | PFE | PFIZER INC | $1.7M | 0.09% | 66,800 | Common | SHARED |
| 29479A108 | ERAS | ERASCA INC | $1.6M | 0.09% | 1,190,012 | Common | SHARED |
| 92337C203 | VSTM | VERASTEM INC | $1.6M | 0.09% | 270,000 | Common | SHARED |
| 654106103 | NKE | NIKE INC | $1.6M | 0.09% | 24,764 | Common | SHARED |
| 097702104 | BOLT1EUR | BOLT BIOTHERAPEUTICS INC | $1.5M | 0.08% | 3,812,773 | Common | SHARED |
| 31189P102 | FATE | FATE THERAPEUTICS INC | $1.5M | 0.08% | 1,867,773 | Common | SHARED |
| 92556V106 | VTRS | VIATRIS INC | $1.5M | 0.08% | 168,979 | Common | SHARED |
| 70450Y103 | PYPL | PAYPAL HLDGS INC | $1.4M | 0.08% | 22,108 | Common | SHARED |
| 12529R107 | CCCC | C4 THERAPEUTICS INC | $1.4M | 0.08% | 900,000 | Common | SHARED |
| 640979100 | NMRA | NEUMORA THERAPEUTICS INC | $1.4M | 0.08% | 1,400,000 | Common | SHARED |
| 28623U101 | — | ELEVATION ONCOLOGY INC | $1.2M | 0.07% | 4,760,000 | Common | SHARED |
| 28658R106 | CLYM | CLIMB BIO INC | $1.2M | 0.07% | 1,000,000 | Common | SHARED |
| 64110L106 | NFLX | NETFLIX INC | $1.2M | 0.07% | 1,301 | Common | SHARED |
| 03828A101 | APLT | APPLIED THERAPEUTICS INC | $1.2M | 0.07% | 2,428,169 | Common | SHARED |
| 01626L204 | ALGS | ALIGOS THERAPEUTICS INC | $1.2M | 0.06% | 141,131 | Common | SHARED |
| 872590104 | TMUS | T-MOBILE US INC | $1.2M | 0.06% | 4,328 | Common | SHARED |
| 369604301 | GE | GE AEROSPACE | $1.1M | 0.06% | 5,675 | Common | SHARED |
| 50107A104 | KRON1USD | KRONOS BIO INC | $1.1M | 0.06% | 1,345,413 | Common | SHARED |
| 747324101 | PYXS | PYXIS ONCOLOGY INC COM | $1.1M | 0.06% | 1,100,000 | Common | SHARED |
| 020002101 | ALL | ALLSTATE CORP | $1.1M | 0.06% | 5,112 | Common | SHARED |
| 097023105 | BA | BOEING CO | $1.0M | 0.06% | 6,068 | Common | SHARED |
| 704326107 | PAYX | PAYCHEX INC | $1.0M | 0.06% | 6,688 | Common | SHARED |
| 580135101 | MCD | MCDONALDS CORP | $1.0M | 0.06% | 3,228 | Common | SHARED |
| 024013104 | AAT | AMERICAN ASSETS TRUST INC COM | $1.0M | 0.06% | 50,000 | Common | SHARED |
| 025816109 | AXP | AMERICAN EXPRESS CO | $986,309 | 0.05% | 3,666 | Common | SHARED |
| 07373V105 | BEAM | BEAM THERAPEUTICS INC | $976,500 | 0.05% | 50,000 | Common | SHARED |
| 90384S303 | ULTA | ULTA BEAUTY INC | $955,223 | 0.05% | 2,606 | Common | SHARED |
| 166764100 | CVX | CHEVRON CORP NEW | $953,059 | 0.05% | 5,697 | Common | SHARED |
| 440452100 | HRL | HORMEL FOODS CORP | $942,545 | 0.05% | 30,464 | Common | SHARED |
| 023135106 | AMZN | AMAZON COM INC | $931,276 | 0.05% | 4,895 | Common | SHARED |
| 824348106 | SHW | SHERWIN WILLIAMS CO | $924,589 | 0.05% | 2,648 | Common | SHARED |
| 68401U204 | OPRX | OPTIMIZERX CORP | $866,000 | 0.05% | 100,000 | Common | SHARED |
| 189054109 | CLX | CLOROX CO DEL | $849,092 | 0.05% | 5,766 | Common | SHARED |
| 910047109 | UAL | UNITED AIRLS HLDGS INC | $828,083 | 0.05% | 11,993 | Common | SHARED |
| 89854M101 | TCRX | TSCAN THERAPEUTICS INC | $828,000 | 0.05% | 600,000 | Common | SHARED |
| 345370860 | F | FORD MTR CO | $819,719 | 0.05% | 81,727 | Common | SHARED |
| 36828A101 | GEV | GE VERNOVA INC | $791,721 | 0.04% | 2,593 | Common | SHARED |
| 31428X106 | FDX | FEDEX CORP | $780,281 | 0.04% | 3,201 | Common | SHARED |
| 81211K100 | SDA | SEALED AIR CORP NEW | $778,744 | 0.04% | 26,946 | Common | SHARED |
| 34965K107 | FTRE | FORTREA HLDGS INC | $755,000 | 0.04% | 100,000 | Common | SHARED |
| 14070B309 | CAPR | CAPRICOR THERAPEUTICS INC | $750,659 | 0.04% | 79,100 | Common | SHARED |
| 963320106 | WHR | WHIRLPOOL CORP | $735,760 | 0.04% | 8,163 | Common | SHARED |
| 68218J103 | OABI | OMNIAB INC | $720,000 | 0.04% | 300,000 | Common | SHARED |
| 152309100 | CNTA | CENTESSA PHARMACEUTICALS PLC | $719,000 | 0.04% | 50,000 | Common | SHARED |
| 29251M106 | ENTA | ENANTA PHARMACEUTICALS INC | $699,136 | 0.04% | 126,655 | Common | SHARED |
| 42824C109 | HPE | HEWLETT PACKARD ENTERPRISE C | $687,355 | 0.04% | 44,547 | Common | SHARED |
| 21833P301 | CRBP | CORBUS PHARMACEUTICALS HLDGS | $677,131 | 0.04% | 127,520 | Common | SHARED |
| 50127T109 | KURA | KURA ONCOLOGY INC | $660,000 | 0.04% | 100,000 | Common | SHARED |
| 74587V107 | PBYI | PUMA BIOTECHNOLOGY INC | $592,000 | 0.03% | 200,000 | Common | SHARED |
| 04635X102 | CATBUSD | ASTRIA THERAPEUTICS INC | $534,000 | 0.03% | 100,000 | Common | SHARED |
| 528872302 | LXRX | LEXICON PHARMACEUTICALS INC | $530,043 | 0.03% | 1,150,268 | Common | SHARED |
| 702712100 | — | PASSAGE BIO INC | $529,650 | 0.03% | 1,500,000 | Common | SHARED |
| 69012T305 | OTLK | OUTLOOK THERAPEUTICS INC | $488,000 | 0.03% | 400,000 | Common | SHARED |
| 76152G100 | — | REVIVA PHARMACEUTCLS HLDGS I | $486,752 | 0.03% | 510,329 | Common | SHARED |
| 09077B104 | BCABGBP | BIOATLA INC | $476,530 | 0.03% | 1,374,076 | Common | SHARED |
| 046513206 | ATRA | ATARA BIOTHERAPEUTICS INC | $446,664 | 0.02% | 75,196 | Common | SHARED |
| 34385P108 | LAB | STANDARD BIOTOOLS INC | $440,375 | 0.02% | 407,755 | Common | SHARED |
| 15673T100 | IPSC | CENTURY THERAPEUTICS INC | $428,400 | 0.02% | 900,000 | Common | SHARED |
| 03237H101 | AMLX | AMYLYX PHARMACEUTICALS INC | $354,000 | 0.02% | 100,000 | Common | SHARED |
| 14817C107 | FLNA | CASSAVA SCIENCES INC COMMON STOCK | $300,000 | 0.02% | 200,000 | Common | SHARED |
| 384747101 | GRAL | GRAIL INC | $288,602 | 0.02% | 11,300 | Common | SHARED |
| 50015M109 | KOD | KODIAK SCIENCES INC | $280,500 | 0.02% | 100,000 | Common | SHARED |
| 556099109 | MGNX | MACROGENICS INC | $277,947 | 0.02% | 218,856 | Common | SHARED |
| 22053A107 | — | QUINCE THERAPEUTICS INC COMMON STOCK | $245,229 | 0.01% | 184,383 | Common | SHARED |
| 00534A102 | IVVD | INVIVYD INC | $242,120 | 0.01% | 400,000 | Common | SHARED |
| 65343E108 | NXTCEUR | NEXTCURE INC | $194,110 | 0.01% | 404,144 | Common | SHARED |
| 59102M104 | MGX | METAGENOMI INC | $183,570 | 0.01% | 134,978 | Common | SHARED |
| 008064107 | — | AEROVATE THERAPEUTICS INC COMMON STOCK | $175,083 | 0.01% | 69,754 | Common | SHARED |
| 04746L104 | — | ATHIRA PHARMA INC | $170,940 | 0.01% | 600,000 | Common | SHARED |
| 81750R102 | MCRB1EUR | SERES THERAPEUTICS INC | $142,753 | 0.01% | 203,904 | Common | SHARED |
| 869367102 | — | SUTRO BIOPHARMA INC | $130,120 | 0.01% | 200,000 | Common | SHARED |
| N01045207 | AFMDQ | AFFIMED N V | $107,261 | 0.01% | 148,315 | Common | SHARED |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.