Institutional
ADAR1 Capital Management, LLC
CIK 0001940272
$1.70B
Reported AUM
300
Positions
Q1 2026
Period
2026-05-18
Filed
The Brief · ADAR1 Capital Management, LLC · Q1 2026
AI · grounded in 13F
ADAR1 Capital Management, LLC closed its position in Avidity Biosciences Inc, reducing exposure by $39.4M. The fund established new positions in BEAM for $34.5M and VIR for $24.6M. Additionally, the manager increased its stake in DNLI by 3,490.9% and CRNX by 268.3%.
Portfolio · Q1 2026
Top holdings
QoQ vs Q4 2025
| # | Ticker | Issuer | Value | % of book | Δ shares (QoQ) | Status |
|---|---|---|---|---|---|---|
| 1 | ABVX | ABIVAX SA | $160.1M | 9.43% | +120,690 | +9.2% |
| 2 | PTGX | PROTAGONIST THERAPEUTICS INC | $104.8M | 6.17% | -55,049 | -5.2% |
| 3 | ROIV | ROIVANT SCIENCES LTD | $91.0M | 5.36% | -143,056 | -4.2% |
| 4 | IMVT | IMMUNOVANT INC | $66.5M | 3.92% | +198,042 | +8.0% |
| 5 | 430 | TERNS PHARMACEUTICALS INC | $58.8M | 3.46% | +573,084 | +105.8% |
| 6 | SPY | STATE STR SPDR S&P 500 ETF T | $49.4M | 2.91% | +21,256 | +38.9% |
| 7 | CYTK | CYTOKINETICS INC | $41.7M | 2.45% | +92,390 | +17.1% |
| 8 | CRNX | CRINETICS PHARMACEUTICALS IN | $41.4M | 2.44% | +829,963 | +268.3% |
| 9 | BOXX | EA SERIES TRUST | $39.2M | 2.31% | — | HELD |
| 10 | DNLI | DENALI THERAPEUTICS INC | $35.9M | 2.12% | +1,819,339 | +3490.9% |
| 11 | BEAM | BEAM THERAPEUTICS INC | $34.5M | 2.03% | +1,446,375 | NEW |
| 12 | ZLAB | ZAI LAB LTD | $26.8M | 1.58% | +178,847 | +14.3% |
| 13 | SEPN | SEPTERNA INC | $26.2M | 1.54% | -67,793 | -5.9% |
| 14 | VIR | VIR BIOTECHNOLOGY INC | $24.6M | 1.45% | +2,744,714 | NEW |
| 15 | DBVT | DBV TECHNOLOGIES S A | $21.2M | 1.25% | +1,012,866 | NEW |
| 16 | AVR | ANTERIS TECHNOLOGIES GLOBAL | $21.0M | 1.24% | +2,550,355 | +205.9% |
| 17 | INSP | INSPIRE MED SYS INC | $20.9M | 1.23% | +390,197 | +2601.3% |
| 18 | SRRK | SCHOLAR ROCK HLDG CORP | $20.0M | 1.18% | +337,684 | +485.3% |
| 19 | RYTM | RHYTHM PHARMACEUTICALS INC | $18.4M | 1.08% | +160,101 | +311.8% |
| 20 | SYRE | SPYRE THERAPEUTICS INC | $17.1M | 1.00% | +304,272 | +893.6% |
| 21 | CTMX | CYTOMX THERAPEUTICS INC. | $16.0M | 0.94% | -872,579 | -20.4% |
| 22 | PRTA | PROTHENA CORP PLC | $15.4M | 0.90% | +123,679 | +8.5% |
| 23 | SNY | SANOFI SA | $15.3M | 0.90% | +253,465 | +399.3% |
| 24 | PCVX | VAXCYTE INC | $15.1M | 0.89% | -56,505 | -17.9% |
| 25 | MNPR | MONOPAR THERAPEUTICS INC | $14.5M | 0.85% | +30,370 | +13.0% |
| 26 | ABUS | ARBUTUS BIOPHARMA CORP | $14.1M | 0.83% | -2,281,934 | -42.1% |
| 27 | AMLX | AMYLYX PHARMACEUTICALS INC | $13.9M | 0.82% | +110,248 | +12.4% |
| 28 | CLDX | CELLDEX THERAPEUTICS INC NEW | $13.6M | 0.80% | -218,951 | -33.9% |
| 29 | TSHA | TAYSHA GENE THERAPIES INC | $13.3M | 0.78% | +483,620 | +19.4% |
| 30 | XENE | XENON PHARMACEUTICALS INC | $13.3M | 0.78% | +24,930 | +12.2% |
| 31 | STRO | SUTRO BIOPHARMA INC | $13.1M | 0.77% | +457,364 | +681.8% |
| 32 | RVMD | REVOLUTION MEDICINES INC | $13.0M | 0.77% | -11,186 | -7.7% |
| 33 | ELVN | ENLIVEN THERAPEUTICS INC | $12.9M | 0.76% | +299,540 | +998.5% |
| 34 | REPL | REPLIMUNE GROUP INC | $12.9M | 0.76% | +416,665 | +32.9% |
| 35 | CGON | CG ONCOLOGY INC | $12.6M | 0.74% | -72,440 | -28.1% |
| 36 | BIL | SPDR SERIES TRUST | $12.4M | 0.73% | — | HELD |
| 37 | ESTA | ESTABLISHMENT LABS HLDGS INC | $12.1M | 0.71% | +42,051 | +24.5% |
| 38 | IVA | INVENTIVA SA | $12.1M | 0.71% | -535,448 | -19.8% |
| 39 | IONS | IONIS PHARMACEUTICALS INC | $12.0M | 0.71% | +13,208 | +9.0% |
| 40 | NKTR | NEKTAR THERAPEUTICS | $11.6M | 0.68% | +89,221 | +123.9% |
| 41 | IKT | INHIBIKASE THERAPEUTICS INC | $11.1M | 0.65% | -1,457,377 | -18.1% |
| 42 | SPRY | ARS PHARMACEUTICALS INC | $10.9M | 0.64% | +991,967 | +268.4% |
| 43 | HLXC | HELIX ACQUISITION CORP III | $10.3M | 0.61% | +1,000,000 | NEW |
| 44 | OVID | OVID THERAPEUTICS INC | $10.1M | 0.59% | +259,113 | +6.0% |
| 45 | OKUR | ONKURE THERAPEUTICS INC | $10.1M | 0.59% | +1,420,783 | +140.1% |
| 46 | REGN | REGENERON PHARMACEUTICALS | $9.4M | 0.55% | +103 | +0.9% |
| 47 | MLTX | MOONLAKE IMMUNOTHERAPEUTICS | $8.9M | 0.52% | +477,137 | NEW |
| 48 | LXEO | LEXEO THERAPEUTICS INC | $8.4M | 0.50% | +74,189 | +5.3% |
| 49 | IRD | OPUS GENETICS INC | $8.4M | 0.50% | +1,809,004 | +4522.5% |
| 50 | TEVA | TEVA PHARMACEUTICAL INDS LTD | $8.1M | 0.48% | +32,420 | +13.7% |
| 51 | SVRA | SAVARA INC | $8.0M | 0.47% | +59,083 | +4.2% |
| 52 | MPLT | MAPLIGHT THERAPEUTICS INC | $7.6M | 0.45% | +374,909 | NEW |
| 53 | LONA | LEONABIO INC | $7.5M | 0.44% | +333,780 | +84.8% |
| 54 | EQ | EQUILLIUM INC | $7.5M | 0.44% | -1,881,419 | -33.5% |
| 55 | VKTX | VIKING THERAPEUTICS INC | $7.4M | 0.44% | +201,223 | +759.5% |
| 56 | DMRA | DAMORA THERAPEUTICS INC | $7.2M | 0.43% | +279,000 | NEW |
| 57 | URGN | UROGEN PHARMA LTD | $7.1M | 0.42% | +230,084 | +139.1% |
| 58 | BBIO | BRIDGEBIO PHARMA INC | $7.0M | 0.41% | -119,122 | -55.8% |
| 59 | PRME | PRIME MEDICINE INC | $6.9M | 0.40% | +1,973,282 | NEW |
| 60 | IWM | ISHARES TR | $6.8M | 0.40% | -12,070 | -30.5% |
| 61 | VRTX | VERTEX PHARMACEUTICALS INC | $6.7M | 0.40% | +1,359 | +9.9% |
| 62 | KRRO | KORRO BIO INC | $6.1M | 0.36% | +540,054 | NEW |
| 63 | VRDN | VIRIDIAN THERAPEUTICS INC | $6.0M | 0.35% | +227,224 | +294.3% |
| 64 | DHR | DANAHER CORP DEL | $5.9M | 0.35% | +5,332 | +20.8% |
| 65 | INSM | INSMED INC | $5.8M | 0.34% | +35,392 | NEW |
| 66 | ASNDUSD | ASCENDIS PHARMA A/S | $5.7M | 0.34% | -300 | -1.2% |
| 67 | BHF | BRIGHTHOUSE FINL INC | $5.7M | 0.34% | — | HELD |
| 68 | SRPT | SAREPTA THERAPEUTICS INC | $5.7M | 0.34% | +233,192 | +807.8% |
| 69 | OACCU | OAKTREE ACQUISITION CORP III | $5.5M | 0.32% | — | HELD |
| 70 | PCSC | PERCEPTIVE CAP SOLUTIONS COR | $5.5M | 0.32% | -1,457,139 | -74.5% |
| 71 | KRYS | KRYSTAL BIOTECH INC | $5.2M | 0.30% | — | HELD |
| 72 | ABOS | ACUMEN PHARMACEUTICALS INC | $5.1M | 0.30% | +1,265,151 | +142.0% |
| 73 | IVVD | INVIVYD INC | $5.0M | 0.29% | -76,970 | -2.0% |
| 74 | BBIO 2.25 02/01/29 | BRIDGEBIO PHARMA INC | $4.9M | 0.29% | +45,000 | NEW |
| 75 | BHAVU | BHAV ACQUISITION CORP | $4.9M | 0.29% | +495,000 | NEW |
| 76 | TARA | PROTARA THERAPEUTICS INC | $4.9M | 0.29% | -196,287 | -17.3% |
| 77 | BBIO 1.75 03/01/31 | BRIDGEBIO PHARMA INC | $4.9M | 0.29% | +30,000 | NEW |
| 78 | AGIO | AGIOS PHARMACEUTICALS INC | $4.8M | 0.28% | -47,328 | -25.2% |
| 79 | LLY | ELI LILLY & CO | $4.7M | 0.27% | +5,060 | NEW |
| 80 | DNTH | DIANTHUS THERAPEUTICS INC | $4.6M | 0.27% | +55,000 | NEW |
| 81 | ARWR | ARROWHEAD PHARMACEUTICALS IN | $4.4M | 0.26% | +12,100 | +20.8% |
| 82 | BLTE | BELITE BIO INC | $4.3M | 0.25% | -12,959 | -32.5% |
| 83 | EVMN | EVOMMUNE INC | $4.2M | 0.25% | — | HELD |
| 84 | MLYS | MINERALYS THERAPEUTICS INC | $4.2M | 0.25% | +18,455 | +13.5% |
| 85 | JANX | JANUX THERAPEUTICS INC | $4.1M | 0.24% | +53,094 | +21.6% |
| 86 | CLYM | CLIMB BIO INC | $4.1M | 0.24% | -834,813 | -58.3% |
| 87 | PALI | PALISADE BIO INC | $4.0M | 0.23% | +260,000 | +13.0% |
| 88 | AEXA | AMERICAN EXCEPTIONALISM ACQU | $3.9M | 0.23% | — | HELD |
| 89 | SPRB | SPRUCE BIOSCIENCES INC | $3.8M | 0.23% | +600 | +1.0% |
| 90 | NAMS | NEWAMSTERDAM PHARMA COMPANY | $3.8M | 0.22% | — | HELD |
| 91 | LQDA | LIQUIDIA CORPORATION | $3.8M | 0.22% | +75,500 | +308.2% |
| 92 | ZURA | ZURA BIO LTD | $3.8M | 0.22% | +68,338 | +12.2% |
| 93 | ACLXGBX | ARCELLX INC | $3.7M | 0.22% | +600 | +1.9% |
| 94 | CTNM | CONTINEUM THERAPEUTICS INC | $3.6M | 0.21% | -2,300 | -0.8% |
| 95 | BBIO 2.5 03/15/27 | BRIDGEBIO PHARMA INC | $3.6M | 0.21% | +20,000 | NEW |
| 96 | GLUE | MONTE ROSA THERAPEUTICS INC | $3.5M | 0.21% | — | HELD |
| 97 | ONC | BEONE MEDICINES LTD | $3.5M | 0.20% | +11,701 | NEW |
| 98 | CRBP | CORBUS PHARMACEUTICALS HLDGS | $3.4M | 0.20% | +80,000 | +27.9% |
| 99 | TENX | TENAX THERAPEUTICS INC | $3.4M | 0.20% | +149,789 | +235.2% |
| 100 | AVBP | ARRIVENT BIOPHARMA INC | $3.3M | 0.19% | +141,814 | NEW |
| 101 | PLRX | PLIANT THERAPEUTICS INC | $3.3M | 0.19% | +2,511,307 | +3402.0% |
| 102 | ATAI | ATAIBECKLEY INC | $3.2M | 0.19% | +913,242 | NEW |
| 103 | RLMD | RELMADA THERAPEUTICS INC | $3.1M | 0.19% | +421,052 | +1364.1% |
| 104 | CATX | PERSPECTIVE THERAPEUTICS INC | $3.1M | 0.18% | +654,142 | +687.2% |
| 105 | ELDN | ELEDON PHARMACEUTICALS INC | $3.0M | 0.18% | -847,391 | -46.5% |
| 106 | PHVS | PHARVARIS N V | $3.0M | 0.18% | +20,000 | +23.4% |
| 107 | APLSUSD | APELLIS PHARMACEUTICALS INC | $2.9M | 0.17% | +52,500 | +262.5% |
| 108 | QURE | UNIQURE NV | $2.9M | 0.17% | -88,949 | -33.5% |
| 109 | EWTX | EDGEWISE THERAPEUTICS INC | $2.9M | 0.17% | -400 | -0.4% |
| 110 | PEPG | PEPGEN INC | $2.8M | 0.17% | +1,570,796 | +4263.6% |
| 111 | CAPR | CAPRICOR THERAPEUTICS INC | $2.8M | 0.16% | +90,593 | NEW |
| 112 | MASI | MASIMO CORP | $2.7M | 0.16% | — | HELD |
| 113 | INO | INOVIO PHARMACEUTICALS INC | $2.6M | 0.15% | -90,400 | -5.8% |
| 114 | TFX | TELEFLEX INCORPORATED | $2.5M | 0.15% | -59,441 | -73.7% |
| 115 | DRUG | BRIGHT MINDS BIOSCIENCES INC | $2.5M | 0.15% | +30,400 | +868.6% |
| 116 | BIOA | BIOAGE LABS INC | $2.4M | 0.14% | — | HELD |
| 117 | ALEC | ALECTOR INC | $2.3M | 0.13% | -58,000 | -5.2% |
| 118 | PFE | PFIZER INC | $2.2M | 0.13% | +5,000 | +6.9% |
| 119 | DCTH | DELCATH SYS INC | $2.1M | 0.12% | — | HELD |
| 120 | BIIB | BIOGEN INC | $2.0M | 0.12% | -13,300 | -54.7% |
| 121 | CNTB | CONNECT BIOPHARMA HLDGS LTD | $1.9M | 0.11% | +742,400 | NEW |
| 122 | XBI | SPDR SERIES TRUST | $1.9M | 0.11% | +15,000 | NEW |
| 123 | KPTI | KARYOPHARM THERAPEUTICS INC | $1.9M | 0.11% | +291,936 | +583.9% |
| 124 | SMMT | SUMMIT THERAPEUTICS INC | $1.7M | 0.10% | — | HELD |
| 125 | GMED | GLOBUS MED INC | $1.7M | 0.10% | — | HELD |
| 126 | NVO | NOVO-NORDISK A S | $1.7M | 0.10% | +46,000 | NEW |
| 127 | ALKS | ALKERMES PLC | $1.6M | 0.10% | -17,300 | -27.2% |
| 128 | SLNO | SOLENO THERAPEUTICS INC | $1.6M | 0.09% | +5,000 | +12.0% |
| 129 | CCIIU | COHEN CIRCLE ACQUISIT CORP I | $1.6M | 0.09% | — | HELD |
| 130 | RCKT | ROCKET PHARMACEUTICALS INC | $1.5M | 0.09% | -43,300 | -9.1% |
| 131 | SUPN | SUPERNUS PHARMACEUTICALS | $1.5M | 0.09% | -100 | -0.3% |
| 132 | CNTA | CENTESSA PHARMACEUTICALS PLC | $1.5M | 0.09% | — | HELD |
| 133 | AM6 | AMICUS THERAPEUTIC | $1.5M | 0.09% | +105,000 | NEW |
| 134 | MAZE | MAZE THERAPEUTICS INC | $1.5M | 0.09% | -129,437 | -72.1% |
| 135 | UNH | UNITEDHEALTH GROUP INC | $1.5M | 0.09% | +5,501 | NEW |
| 136 | ADGM | ADAGIO MED HLDGS INC | $1.4M | 0.08% | +45,833 | +4.0% |
| 137 | FWRD | FORWARD AIR CORP | $1.3M | 0.08% | +51,606 | +193.8% |
| 138 | SXT | SENSIENT TECHNOLOGIES CORP | $1.3M | 0.08% | +15,000 | NEW |
| 139 | KNSA | KINIKSA PHARMACEUTICALS INTL | $1.3M | 0.08% | -1,815 | -6.3% |
| 140 | CRVS | CORVUS PHARMACEUTICALS INC | $1.3M | 0.08% | -377,974 | -81.1% |
| 141 | MSLE | SATELLOS BIOSCIENCE INC | $1.3M | 0.07% | +222,555 | NEW |
| 142 | PMN | PROMIS NEUROSCIENCES INC | $1.2M | 0.07% | +95,350 | NEW |
| 143 | LXRX | LEXICON PHARMACEUTICALS INC | $1.2M | 0.07% | +750,000 | NEW |
| 144 | SDGR | SCHRODINGER INC | $1.2M | 0.07% | +101,500 | NEW |
| 145 | XNCR | XENCOR INC | $1.1M | 0.07% | +37,500 | +66.8% |
| 146 | OABI | OMNIAB INC | $1.1M | 0.07% | +3,000 | +0.4% |
| 147 | FDMT | 4D MOLECULAR THERAPEUTICS IN | $1.1M | 0.06% | — | HELD |
| 148 | KROS | KEROS THERAPEUTICS INC | $1.1M | 0.06% | +78,467 | +416.2% |
| 149 | DAWNGBX | DAY ONE BIOPHARMACEUTICALS I | $1.1M | 0.06% | +49,923 | NEW |
| 150 | BMY | BRISTOL-MYERS SQUIBB CO | $1.1M | 0.06% | -2,500 | -12.5% |
| 151 | TNGX | TANGO THERAPEUTICS INC | $1.0M | 0.06% | -90,021 | -64.3% |
| 152 | TNYA | TENAYA THERAPEUTICS INC | $1.0M | 0.06% | +2,500 | +0.2% |
| 153 | BSAAU | BEST SPAC I ACQUISITION CORP | $1.0M | 0.06% | — | HELD |
| 154 | MCK | MCKESSON CORP | $1.0M | 0.06% | — | HELD |
| 155 | BMRN | BIOMARIN PHARMACEUTICAL INC | $1.0M | 0.06% | +5,300 | +41.1% |
| 156 | ARWR 0 01/15/32 | ARROWHEAD PHARMACEUTICALS IN | $1.0M | 0.06% | +10,000 | NEW |
| 157 | ORKA | ORUKA THERAPEUTICS INC | $1.0M | 0.06% | — | HELD |
| 158 | EA | ELECTRONIC ARTS INC | $1.0M | 0.06% | — | HELD |
| 159 | FULC | FULCRUM THERAPEUTICS INC | $1.0M | 0.06% | -1,188,189 | -90.1% |
| 160 | BCRX | BIOCRYST PHARMACEUTICALS INC | $1000K | 0.06% | +60,000 | +133.3% |
| 161 | GH | GUARDANT HEALTH INC | $924K | 0.05% | +3,000 | +42.9% |
| 162 | CBIO | CRESCENT BIOPHARMA INC. | $924K | 0.05% | -555,727 | -91.7% |
| 163 | CNTX | CONTEXT THERAPEUTICS INC | $920K | 0.05% | — | HELD |
| 164 | — | ENGENE HOLDINGS INC | $910K | 0.05% | -170,000 | -56.0% |
| 165 | SLN | SILENCE THERAPEUTICS PLC | $907K | 0.05% | +148,514 | +628.2% |
| 166 | ARE | ALEXANDRIA REAL ESTATE EQ IN | $905K | 0.05% | +3,200 | +19.6% |
| 167 | KVAC | KEEN VISION ACQUISITION CORP | $900K | 0.05% | — | HELD |
| 168 | IBIO | IBIO INC | $893K | 0.05% | +64,347 | +15.9% |
| 169 | BNTX | BIONTECH SE | $889K | 0.05% | — | HELD |
| 170 | GILD | GILEAD SCIENCES INC | $885K | 0.05% | -315 | -4.7% |
| 171 | NRIX | NURIX THERAPEUTICS INC | $869K | 0.05% | -16,000 | -22.2% |
| 172 | DYN | DYNE THERAPEUTICS INC | $861K | 0.05% | -5,211 | -9.9% |
| 173 | ISRG | INTUITIVE SURGICAL INC | $844K | 0.05% | +810 | +79.4% |
| 174 | ANL | ADLAI NORTYE LTD | $816K | 0.05% | +117,909 | NEW |
| 175 | WW | WW INTL INC | $793K | 0.05% | +600 | +1.1% |
| 176 | RNA | ATRIUM THERAPEUTICS INC | $771K | 0.05% | +57,688 | NEW |
| 177 | ITGR | INTEGER HLDGS CORP | $770K | 0.05% | +8,750 | NEW |
| 178 | CMPX | COMPASS THERAPEUTICS INC | $735K | 0.04% | — | HELD |
| 179 | NUVL | NUVALENT INC | $711K | 0.04% | +100 | +1.5% |
| 180 | CGEM | CULLINAN THERAPEUTICS INC | $711K | 0.04% | — | HELD |
| 181 | RARE | ULTRAGENYX PHARMACEUTICAL IN | $700K | 0.04% | +23,400 | +234.0% |
| 182 | IDYA | IDEAYA BIOSCIENCES INC | $666K | 0.04% | — | HELD |
| 183 | GUTS | FRACTYL HEALTH INC | $654K | 0.04% | — | HELD |
| 184 | ENTA | ENANTA PHARMACEUTICALS INC | $649K | 0.04% | +10,000 | +24.2% |
| 185 | VERA | VERA THERAPEUTICS INC | $645K | 0.04% | +1,300 | +8.8% |
| 186 | VYNE | VYNE THERAPEUTICS INC | $636K | 0.04% | +810,108 | +319.2% |
| 187 | BSX | BOSTON SCIENTIFIC CORP | $628K | 0.04% | +5,000 | +100.0% |
| 188 | AVTR | AVANTOR INC | $627K | 0.04% | +10,000 | +14.3% |
| 189 | ARVN | ARVINAS INC | $610K | 0.04% | -500 | -0.9% |
| 190 | 2KZ0 | KEZAR LIFE SCIENCES INC | $608K | 0.04% | -35,507 | -30.2% |
| 191 | KLRS | KALARIS THERAPEUTICS INC | $577K | 0.03% | — | HELD |
| 192 | MIRM | MIRUM PHARMACEUTICALS INC | $573K | 0.03% | +6,200 | NEW |
| 193 | JAZZ | JAZZ PHARMACEUTICALS PLC | $567K | 0.03% | -5,000 | -62.5% |
| 194 | ASMB | ASSEMBLY BIOSCIENCES INC | $554K | 0.03% | +200 | +1.0% |
| 195 | PRLD | PRELUDE THERAPEUTICS INC | $523K | 0.03% | +152,825 | NEW |
| 196 | GTERU | GLOBA TERRA ACQUISITION COR | $518K | 0.03% | — | HELD |
| 197 | USFR | WISDOMTREE TR | $503K | 0.03% | — | HELD |
| 198 | ACRS | ACLARIS THERAPEUTICS INC | $497K | 0.03% | -481,560 | -78.4% |
| 199 | PRAX | PRAXIS PRECISION MEDICINES I | $483K | 0.03% | — | HELD |
| 200 | LUNG | PULMONX CORP | $483K | 0.03% | +19,087 | +5.4% |
| 201 | ELAN | ELANCO ANIMAL HEALTH INC | $479K | 0.03% | — | HELD |
| 202 | PHAT | PHATHOM PHARMACEUTICALS INC | $477K | 0.03% | — | HELD |
| 203 | MDGL | MADRIGAL PHARMACEUTICALS INC | $469K | 0.03% | — | HELD |
| 204 | PYPD | POLYPID LTD | $455K | 0.03% | — | HELD |
| 205 | BABA | ALIBABA GROUP HLDG LTD | $449K | 0.03% | — | HELD |
| 206 | CORZ | CORE SCIENTIFIC INC NEW | $449K | 0.03% | — | HELD |
| 207 | WHWK | WHITEHAWK THERAPEUTICS INC | $443K | 0.03% | +50,910 | +65.6% |
| 208 | NTRA | NATERA INC | $429K | 0.03% | — | HELD |
| 209 | VTGN | VISTAGEN THERAPEUTICS INC | $429K | 0.03% | +7,566 | +1.0% |
| 210 | TXMD | THERAPEUTICSMD INC | $423K | 0.02% | — | HELD |
| 211 | SNDX | SYNDAX PHARMACEUTICALS INC | $409K | 0.02% | +5,500 | +45.8% |
| 212 | TECX | TECTONIC THERAPEUTIC INC | $402K | 0.02% | -17,006 | -56.7% |
| 213 | TRDA | ENTRADA THERAPEUTICS INC | $385K | 0.02% | +30,500 | NEW |
| 214 | BHVN | BIOHAVEN LTD | $379K | 0.02% | +10,500 | +30.6% |
| 215 | MRK | MERCK & CO INC | $378K | 0.02% | -6,500 | -67.4% |
| 216 | VSTM | VERASTEM INC | $377K | 0.02% | +71,100 | NEW |
| 217 | RGNX | REGENXBIO INC | $372K | 0.02% | -100,432 | -69.3% |
| 218 | ACET | ADICET BIO INC | $367K | 0.02% | -74,819 | -58.2% |
| 219 | LEGN | LEGEND BIOTECH CORP | $362K | 0.02% | +20,000 | NEW |
| 220 | SRZN | SURROZEN INC | $350K | 0.02% | +12,000 | NEW |
| 221 | ZNTL | ZENTALIS PHARMACEUTICALS INC | $338K | 0.02% | +64,636 | +80.8% |
| 222 | BCYC | BICYCLE THERAPEUTICS PLC | $331K | 0.02% | +71,298 | NEW |
| 223 | NBIX | NEUROCRINE BIOSCIENCES INC | $329K | 0.02% | +2,500 | NEW |
| 224 | WVE | WAVE LIFE SCIENCES LTD | $326K | 0.02% | +44,900 | NEW |
| 225 | KURA | KURA ONCOLOGY INC | $325K | 0.02% | — | HELD |
| 226 | KPRX | KIORA PHARMACEUTICALS INC | $324K | 0.02% | — | HELD |
| 227 | CORT | CORCEPT THERAPEUTICS INC | $322K | 0.02% | +8,000 | NEW |
| 228 | UPB | UPSTREAM BIO INC | $315K | 0.02% | +35,000 | NEW |
| 229 | KIDS | ORTHOPEDIATRICS CORP | $315K | 0.02% | — | HELD |
| 230 | ANNX | ANNEXON INC | $305K | 0.02% | +7,000 | +14.6% |
| 231 | GERN | GERON CORP | $298K | 0.02% | -136,176 | -40.5% |
| 232 | JD | JD.COM INC | $296K | 0.02% | — | HELD |
| 233 | PMVP | PMV PHARMACEUTICALS INC | $286K | 0.02% | +130,000 | +128.7% |
| 234 | TRAW | TRAWS PHARMA INC | $282K | 0.02% | -333 | -0.2% |
| 235 | JBIO | JADE BIOSCIENCES INC | $281K | 0.02% | -1,000 | -4.8% |
| 236 | PCAPU | PROCAP ACQUISITION CORP | $279K | 0.02% | — | HELD |
| 237 | BCAX | BICARA THERAPEUTICS INC | $273K | 0.02% | — | HELD |
| 238 | RXST | RXSIGHT INC | $266K | 0.02% | +21,447 | +98.4% |
| 239 | PANW | PALO ALTO NETWORKS INC | $257K | 0.02% | +1,600 | NEW |
| 240 | NTLA | INTELLIA THERAPEUTICS INC | $250K | 0.01% | +19,517 | NEW |
| 241 | CRWD | CROWDSTRIKE HLDGS INC | $250K | 0.01% | +640 | NEW |
| 242 | RBRK | RUBRIK INC. | $240K | 0.01% | +4,900 | NEW |
| 243 | RPRX | ROYALTY PHARMA PLC | $240K | 0.01% | +5,000 | NEW |
| 244 | SGRY | SURGERY PARTNERS INC | $238K | 0.01% | — | HELD |
| 245 | LRMR | LARIMAR THERAPEUTICS INC | $237K | 0.01% | -132,944 | -71.6% |
| 246 | EOLS | EVOLUS INC | $230K | 0.01% | +20,000 | +55.8% |
| 247 | QTTB | Q32 BIO INC | $225K | 0.01% | +15,000 | +75.0% |
| 248 | LGVN | LONGEVERON INC | $208K | 0.01% | +200,000 | NEW |
| 249 | ANAB | ANAPTYSBIO INC | $205K | 0.01% | +3,698 | NEW |
| 250 | CEPS | CANTOR EQUITY PARTNERS VI IN | $202K | 0.01% | +20,000 | NEW |
| 251 | KALV | KALVISTA PHARMACEUTICALS INC | $201K | 0.01% | — | HELD |
| 252 | KYTX | KYVERNA THERAPEUTICS INC | $194K | 0.01% | -35,000 | -60.9% |
| 253 | NUVB | NUVATION BIO INC | $187K | 0.01% | +43,500 | NEW |
| 254 | BNTC | BENITEC BIOPHARMA INC | $186K | 0.01% | +17,500 | NEW |
| 255 | LPCN | LIPOCINE INC NEW | $185K | 0.01% | +23,180 | NEW |
| 256 | RLYB | RALLYBIO CORP | $184K | 0.01% | +20,535 | NEW |
| 257 | RZLT | REZOLUTE INC | $179K | 0.01% | +20,000 | +51.7% |
| 258 | QCLS | Q/C TECHNOLOGIES INC | $173K | 0.01% | +50,000 | NEW |
| 259 | ERAS | ERASCA INC | $162K | 0.01% | +10,000 | NEW |
| 260 | COYA | COYA THERAPEUTICS INC | $161K | 0.01% | +40,900 | NEW |
| 261 | PSNL | PERSONALIS INC | $159K | 0.01% | +25,000 | NEW |
| 262 | SIBN | SI BONE INC | $159K | 0.01% | +12,580 | NEW |
| 263 | TOI | THE ONCOLOGY INSTITUTE INC | $154K | 0.01% | +50,000 | NEW |
| 264 | HELP | CYBIN INC | $150K | 0.01% | -207,112 | -86.9% |
| 265 | STIM | NEURONETICS INC | $145K | 0.01% | +100,000 | NEW |
| 266 | ARDX | ARDELYX INC | $143K | 0.01% | +23,900 | NEW |
| 267 | IFRX | INFLARX NV | $142K | 0.01% | +158,271 | NEW |
| 268 | ACHV | ACHIEVE LIFE SCIENCE INC | $141K | 0.01% | — | HELD |
| 269 | VYGR | VOYAGER THERAPEUTICS INC | $135K | 0.01% | — | HELD |
| 270 | CMMB | CHEMOMAB THERAPEUTICS LTD | $126K | 0.01% | — | HELD |
| 271 | JSPR | JASPER THERAPEUTICS INC | $123K | 0.01% | — | HELD |
| 272 | NEUP | NEUPHORIA THERAPEUTICS INC | $122K | 0.01% | — | HELD |
| 273 | MIST | MILESTONE PHARMACEUTICALS IN | $119K | 0.01% | -100 | -0.1% |
| 274 | ARCT | ARCTURUS THERAPEUTICS HLDGS | $116K | 0.01% | +15,000 | NEW |
| 275 | MGNX | MACROGENICS INC | $116K | 0.01% | +40,000 | NEW |
| 276 | CCCC | C4 THERAPEUTICS INC | $113K | 0.01% | +43,000 | NEW |
| 277 | RXRX | RECURSION PHARMACEUTICALS IN | $107K | 0.01% | — | HELD |
| 278 | DSGN | DESIGN THERAPEUTICS INC | $106K | 0.01% | +10,000 | NEW |
| 279 | GOSS | GOSSAMER BIO INC | $94K | 0.01% | -423,300 | -59.5% |
| 280 | IMMX | IMMIX BIOPHARMA INC | $91K | 0.01% | -40,000 | -80.0% |
| 281 | STI | SOLIDION TECHNOLOGY INC | $85K | 0.01% | — | HELD |
| 282 | LITS | LITE STRATEGY INC | $78K | 0.00% | — | HELD |
| 283 | VERU | VERU INC | $77K | 0.00% | — | HELD |
| 284 | KYNB | KYNTRA BIO INC | $71K | 0.00% | — | HELD |
| 285 | CLOV | CLOVER HEALTH INVESTMENTS CO | $70K | 0.00% | -8,300 | -17.2% |
| 286 | BMEA | BIOMEA FUSION INC | $66K | 0.00% | — | HELD |
| 287 | NMRA | NEUMORA THERAPEUTICS INC. | $65K | 0.00% | -17,500 | -34.6% |
| 288 | OGN | ORGANON & CO | $60K | 0.00% | -25,000 | -71.4% |
| 289 | ESPR | ESPERION THERAPEUTICS INC NE | $59K | 0.00% | +21,400 | NEW |
| 290 | MREO | MEREO BIOPHARMA GROUP PLC | $50K | 0.00% | — | HELD |
| 291 | ANTX | AN2 THERAPEUTICS INC | $47K | 0.00% | +13,861 | NEW |
| 292 | ASPCR | A SPAC III ACQUISITION CORP | $42K | 0.00% | — | HELD |
| 293 | AQST | AQUESTIVE THERAPEUTICS INC | $42K | 0.00% | -244,000 | -96.1% |
| 294 | ATYR | ATYR PHARMA INC | $40K | 0.00% | — | HELD |
| 295 | BCABGBP | BIOATLA INC | $37K | 0.00% | +45,000 | +24.6% |
| 296 | KALAEUR | KALA BIO INC | $24K | 0.00% | — | HELD |
| 297 | CHRS | COHERUS ONCOLOGY INC | $18K | 0.00% | — | HELD |
| 298 | PRQR | PROQR THRAPEUTICS N V | $16K | 0.00% | — | HELD |
| 299 | — | QUINCE THERAPEUTICS INC | $10K | 0.00% | -22,812 | -18.6% |
| 300 | VTLUSD | IMMUNIC INC | — | — | +30,000 | NEW |
| 301 | RNAGBP | AVIDITY BIOSCIENCES INC | — | — | -546,534 | EXITED |
| 302 | RAPT | RAPT THERAPEUTICS INC | — | — | -509,679 | EXITED |
| 303 | CDTX | CIDARA THERAPEUTICS INC | — | — | -59,677 | EXITED |
| 304 | AAM | AA MISSION ACQUISITION CORP | — | — | -983,448 | EXITED |
| 305 | ATAI | ATAI BECKLEY NV | — | — | -913,242 | EXITED |
| 306 | AVDL | AVADEL PHARMACEUTICALS PLC | — | — | -150,532 | EXITED |
| 307 | BBOT | BRIDGEBIO ONCOLOGY THERAPEUT | — | — | -226,248 | EXITED |
| 308 | DVAX | DYNAVAX TECHNOLOGIES CORP | — | — | -170,000 | EXITED |
| 309 | CATBUSD | ASTRIA THERAPEUTICS INC | — | — | -173,557 | EXITED |
| 310 | GRCE | GRACE THERAPEUTICS INC | — | — | -641,988 | EXITED |
| 311 | OLMA | OLEMA PHARMACEUTICALS INC | — | — | -81,399 | EXITED |
| 312 | OMER | OMEROS CORP | — | — | -100,000 | EXITED |
| 313 | INFQ | CHURCHILL CAP CORP X | — | — | -64,887 | EXITED |
| 314 | UTHR | UNITED THERAPEUTICS CORP DEL | — | — | -1,900 | EXITED |
| 315 | PLYM | PLYMOUTH INDL REIT INC | — | — | -41,065 | EXITED |
| 316 | QNRX | QUOIN PHARMACEUTICALS LTD | — | — | -58,230 | EXITED |
| 317 | AZNN | ASTRAZENECA PLC | — | — | -9,000 | EXITED |
| 318 | VTYXUSD | VENTYX BIOSCIENCES INC | — | — | -81,600 | EXITED |
| 319 | NGNE | NEUROGENE INC | — | — | -30,633 | EXITED |
| 320 | NVCR | NOVOCURE LTD | — | — | -34,000 | EXITED |
| 321 | AUPH | AURINIA PHARMACEUTICALS INC | — | — | -22,000 | EXITED |
| 322 | DAY | DAYFORCE INC | — | — | -5,000 | EXITED |
| 323 | IDXX | IDEXX LABS INC | — | — | -400 | EXITED |
| 324 | SPRO | SPERO THERAPEUTICS INC | — | — | -113,839 | EXITED |
| 325 | OTLK | OUTLOOK THERAPEUTICS INC | — | — | -100,000 | EXITED |
| 326 | ZONE | CLEANCORE SOLUTIONS INC | — | — | -521,980 | EXITED |
| 327 | — | GENERATION BIO CO | — | — | -22,144 | EXITED |
| 328 | SABS | SAB BIOTHERAPEUTICS INC | — | — | -26,344 | EXITED |
| 329 | — | INVO FERTILITY INC. | — | — | -26,722 | EXITED |
| 330 | IOBTQ | IO BIOTECH INC | — | — | -24,964 | EXITED |
Source: SEC EDGAR · accession 0001940272-26-000005. 13F discloses long positions only — shorts, foreign equities, and options are excluded.