Fund Holdings

ORBIMED ADVISORS LLC

Filing Period:
Securities
SharesValue ($K)
Q4 2025
Q1 2026
Change
Q4 2025
Q1 2026
Weight (%)
Change
MDXHEALTH SA(Call)0124,306,000+124,306,0000285,903,800+285,903,800
ENLIVEN THERAPEUTICS INC7,959,5387,959,5380122,576,885312,013,8906.80%+189,437,005
AVITA MEDICAL INC(Call)040,966,100+40,966,1000154,442,197+154,442,197
ASTRAZENECA PLC(AZN)0670,200+670,2000132,176,8442.88%+132,176,844
MYRIAD GENETICS INC0000122,875,0002.68%+122,875,000
EDGEWISE THERAPEUTICS INC(EWTX)15,518,49215,518,4920385,091,379488,832,49810.66%+103,741,119
MERCK & CO INC(MRK)0663,400+663,400079,800,3861.74%+79,800,386
CORVUS PHARMACEUTICALS INC(CRVS)7,165,0067,165,006055,170,546104,824,0382.29%+49,653,492
AVITA MEDICAL INC0544,895+544,895042,516,1120.93%+42,516,112
XENON PHARMACEUTICALS INC(XENE)447,2001,059,971+612,77120,043,50461,637,3141.34%+41,593,810
GUARDANT HEALTH INC(GH)0435,200+435,200040,199,4240.88%+40,199,424
PRAXIS PRECISION MEDICINES I(PRAX)94,500172,500+78,00027,852,93055,577,7751.21%+27,724,845
SYNDAX PHARMACEUTICALS INC(SNDX)0962,300+962,300022,479,3280.49%+22,479,328
RELMADA THERAPEUTICS INC2,610,6004,715,864+2,105,26412,609,19832,822,4130.72%+20,213,215
MINERALYS THERAPEUTICS INC(MLYS)980,4002,052,900+1,072,50035,578,71655,613,0611.21%+20,034,345
SUTRO BIOPHARMA INC0801,144+801,144019,956,4970.44%+19,956,497
NEKTAR THERAPEUTICS(NKTR)0275,000+275,000019,786,2500.43%+19,786,250
SHATTUCK LABS INC6,306,1276,306,127023,017,36440,548,3970.88%+17,531,033
UNIQURE NV(QURE)737,4002,136,149+1,398,74917,645,98234,926,0360.76%+17,280,054
PALVELLA THERAPEUTICS INC NE(PVLA)0134,600+134,600016,777,8900.37%+16,777,890
DEFINIUM THERAPEUTICS INC(DFTX)0804,000+804,000015,195,6000.33%+15,195,600
BRISTOL-MYERS SQUIBB CO(BMY)775,000925,000+150,00041,803,50056,101,2501.22%+14,297,750
AMGEN INC(AMGN)039,900+39,900014,038,8150.31%+14,038,815
ALIGNMENT HEALTHCARE INC(ALHC)0791,000+791,000013,937,4200.30%+13,937,420
PFIZER INC(PFE)1,652,9001,946,500+293,60041,157,21054,657,7201.19%+13,500,510
REGENERON PHARMACEUTICALS(REGN)014,700+14,700011,357,8080.25%+11,357,808
BIOGEN INC(BIIB)061,600+61,600011,293,1280.25%+11,293,128
QIAGEN NV(QGEN)(Call)0250,000+250,000010,010,000+10,010,000
DYNE THERAPEUTICS INC(DYN)2,202,1842,917,884+715,70043,074,71952,901,2371.15%+9,826,518
BICARA THERAPEUTICS INC209,100667,300+458,2003,519,15313,272,5970.29%+9,753,444
ARRIVENT BIOPHARMA INC(AVBP)3,027,3283,027,328060,909,83969,840,4571.52%+8,930,618
GILEAD SCIENCES INC(GILD)059,600+59,60008,306,4520.18%+8,306,452
HERON THERAPEUTICS INC09,816,940+9,816,94007,854,5340.17%+7,854,534
Q32 BIO INC2,252,9872,252,98707,479,91714,464,1770.32%+6,984,260
ESPERION THERAPEUTICS INC NE(ESPR)5,965,49810,570,300+4,604,80222,072,34328,962,6220.63%+6,890,279
COMPASS PATHWAYS PLC(CMPS)01,150,646+1,150,64606,363,0720.14%+6,363,072
PALVELLA THERAPEUTICS INC NE(PVLA)(Call)050,000+50,00006,232,500+6,232,500
ALX ONCOLOGY HLDGS INC02,866,256+2,866,25605,746,8430.13%+5,746,843
PRELUDE THERAPEUTICS INC10,909,25610,909,256031,636,84237,309,6560.81%+5,672,814
ARTIVION INC(AORT)0151,000+151,00005,529,6200.12%+5,529,620
ASCENDIS PHARMA A/S(ASND)171,977181,977+10,00036,672,37541,623,5990.91%+4,951,224
ORIC PHARMACEUTICALS INC(ORIC)3,641,7562,693,929-947,82729,789,56434,132,0800.74%+4,342,516
WHITEHAWK THERAPEUTICS INC4,166,0004,166,000010,081,72014,372,7000.31%+4,290,980
SAVARA INC(SVRA)0635,000+635,00003,467,1000.08%+3,467,100
SOLENO THERAPEUTICS INC(Call)0100,000+100,00003,348,000+3,348,000
CORBUS PHARMACEUTICALS HLDGS1,597,2871,737,287+140,00013,001,91616,313,1250.36%+3,311,209
LIFESTANCE HEALTH GROUP INC(LFST)0500,000+500,00003,185,0000.07%+3,185,000
REVOLUTION MEDICINES INC(RVMD)25,90052,000+26,1002,062,9355,057,0000.11%+2,994,065
BRIGHT MINDS BIOSCIENCES INC040,000+40,00002,918,8000.06%+2,918,800
BRIGHTSPRING HEALTH SVCS INC(BTSG)488,500497,800+9,30018,294,32521,211,2580.46%+2,916,933
PROTAGONIST THERAPEUTICS INC21,70042,100+20,4001,895,2784,437,3400.10%+2,542,062
ABIVAX SA(ABVX)367,900465,700+97,80049,613,15551,855,6951.13%+2,242,540
BIOAGE LABS INC(BIOA)790,901711,811-79,09010,463,62012,449,5740.27%+1,985,954
IMAGENEBIO INC6,210,8996,210,899020,134,45922,079,8010.48%+1,945,342
RHYTHM PHARMACEUTICALS INC(RYTM)239,800314,100+74,30025,668,19227,317,2770.60%+1,649,085
PTC THERAPEUTICS INC(PTCT)23,20049,100+25,9001,762,2723,345,1830.07%+1,582,911
ALTO NEUROSCIENCE INC(ANRO)125,000167,500+42,5002,225,0003,765,4000.08%+1,540,400
ALUMIS INC1,102,730548,163-554,56710,762,64512,076,0310.26%+1,313,386
ATAIBECKLEY INC(ATAI)0347,000+347,00001,228,3800.03%+1,228,380
CG ONCOLOGY INC(CGON)1,516,550948,267-568,28362,967,15664,178,7111.40%+1,211,555
KINIKSA PHARMACEUTICALS INTL(KNSA)187,199180,599-6,6007,721,9598,695,8420.19%+973,883
CULLINAN THERAPEUTICS INC(CGEM)270,006243,006-27,0002,794,5623,453,1150.08%+658,553
TRAWS PHARMA INC605,531605,5310684,2501,108,1220.02%+423,872
PHARVARIS N V
COM
205,400205,40005,699,8505,802,5500.13%+102,700
COGENT BIOSCIENCES INC(COGT)0001,174,1001,220,0000.03%+45,900
SINOVAC BIOTECH LTD(SVA)2,718,7352,718,7350184,466,170184,466,1704.02%0
BIOCRYST PHARMACEUTICALS INC(BCRX)1,741,8001,425,200-316,60013,586,04013,567,9040.30%-18,136
VISTAGEN THERAPEUTICS INC(Call)45,2000-45,20029,9180-29,918
VISTAGEN THERAPEUTICS INC3,060,0003,060,00002,025,4141,748,7900.04%-276,624
PALISADE BIO INC1,871,4202,333,000+461,5804,397,8374,082,7500.09%-315,087
LEXEO THERAPEUTICS INC2,125,0003,602,450+1,477,45021,101,25020,678,0630.45%-423,187
C4 THERAPEUTICS INC1,404,902856,353-548,5492,683,3632,252,2080.05%-431,155
INSPIREMD INC3,133,4053,133,40505,577,4615,107,4500.11%-470,011
IMAGENEBIO INC378,556378,55602,612,0361,892,7800.04%-719,256
COGENT BIOSCIENCES INC(COGT)371,000322,100-48,90013,177,92012,397,6290.27%-780,291
MAPLIGHT THERAPEUTICS INC(MPLT)56,0000-56,000952,0000-952,000
ELEVANCE HEALTH INC FORMERLY(ELV)99,100114,700+15,60034,739,50533,578,4250.73%-1,161,080
COMPASS THERAPEUTICS INC15,219,99415,219,994081,731,36880,513,7681.76%-1,217,600
FORTE BIOSCIENCES INC(FBRX)1,196,9551,196,955032,640,96331,001,1350.68%-1,639,828
ADICET BIO INC1,027,9441,027,94408,655,2887,000,2990.15%-1,654,989
OCULAR THERAPEUTIX INC(OCUL)157,3000-157,3001,909,6220-1,909,622
VERA THERAPEUTICS INC(VERA)353,500369,596+16,09617,901,24014,868,8470.32%-3,032,393
THERMO FISHER SCIENTIFIC INC(TMO)46,50046,500026,944,42522,856,1450.50%-4,088,280
CARLSMED INC1,252,6001,252,600015,469,61011,336,0300.25%-4,133,580
KALVISTA PHARMACEUTICALS INC382,40094,400-288,0006,175,7601,900,2720.04%-4,275,488
INSMED INC(INSM)25,4000-25,4004,420,6160-4,420,616
UROGEN PHARMA LTD(URGN)875,487875,487020,503,90615,741,2560.34%-4,762,650
SIONNA THERAPEUTICS INC(SION)3,561,6553,530,702-30,953146,526,487141,545,8433.09%-4,980,644
TECTONIC THERAPEUTIC INC574,600226,600-348,00011,986,1567,004,2060.15%-4,981,950
JADE BIOSCIENCES INC531,163185,011-346,1528,195,8452,599,4050.06%-5,596,440
PMV PHARMACEUTICALS INC4,975,2910-4,975,2916,219,1140-6,219,114
KEROS THERAPEUTICS INC804,212759,155-45,05716,373,7568,381,0710.18%-7,992,685
CELCUITY INC(CELC)85,6640-85,6648,544,1270-8,544,127
REPARE THERAPEUTICS INC3,322,4880-3,322,4888,638,4690-8,638,469
NEUROPACE INC2,406,3352,096,527-309,80837,153,81227,569,3300.60%-9,584,482
STRUCTURE THERAPEUTICS INC1,161,8031,475,403+313,60080,803,39971,114,4251.55%-9,688,974
AXSOME THERAPEUTICS INC.(AXSM)253,121213,921-39,20046,230,01936,156,9270.79%-10,073,092
CRINETICS PHARMACEUTICALS IN(CRNX)999,000999,000046,503,45036,283,6800.79%-10,219,770
AMICUS THERAPEUTICS INC
COM
729,9000-729,90010,393,7760-10,393,776
TREVI THERAPEUTICS INC(TRVI)3,190,7002,454,400-736,30039,947,56429,280,9920.64%-10,666,572
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