Fund Holdings

ORBIMED ADVISORS LLC

Filing Period:
Securities
SharesValue ($K)
Q2 2025
Q3 2025
Change
Q2 2025
Q3 2025
Weight (%)
Change
DANAHER CORPORATION(DHR)0263,100+263,100052,162,2061.25%+52,162,206
EDGEWISE THERAPEUTICS INC(EWTX)15,518,49215,518,4920203,447,430251,709,9406.04%+48,262,510
UNITED THERAPEUTICS CORP DEL(UTHR)0114,900+114,900048,167,2291.16%+48,167,229
THE CIGNA GROUP(CI)0162,800+162,800046,927,1001.13%+46,927,100
MINERALYS THERAPEUTICS INC(MLYS)760,3511,469,494+709,14310,287,54955,723,2121.34%+45,435,663
SIONNA THERAPEUTICS INC(SION)3,704,9593,704,959064,281,039108,962,8442.61%+44,681,805
UPSTREAM BIO INC5,693,5895,693,589062,515,607107,096,4092.57%+44,580,802
ORIC PHARMACEUTICALS INC(ORIC)899,2813,641,756+2,742,4759,127,70243,701,0721.05%+34,573,370
ABIVAX SA(ABVX)0380,000+380,000032,262,0000.77%+32,262,000
ASCENDIS PHARMA A/S(ASND)34,400191,905+157,5055,937,44038,152,6330.91%+32,215,193
TERNS PHARMACEUTICALS INC7,562,9717,562,971028,209,88256,797,9121.36%+28,588,030
APELLIS PHARMACEUTICALS INC1,482,3002,323,368+841,06825,658,61352,577,8181.26%+26,919,205
UNIQURE NV(QURE)0458,500+458,500026,762,6450.64%+26,762,645
ALNYLAM PHARMACEUTICALS INC(ALNY)341,900301,600-40,300111,490,171137,529,6003.30%+26,039,429
EYEPOINT PHARMACEUTICALS INC(EYPT)01,796,000+1,796,000025,575,0400.61%+25,575,040
MBX BIOSCIENCES INC(MBX)4,002,8874,002,887045,672,94170,050,5231.68%+24,377,582
CORVUS PHARMACEUTICALS INC(CRVS)7,165,0067,165,006028,660,02452,806,0941.27%+24,146,070
EXACT SCIENCES CORP(EXK)607,316994,616+387,30032,272,77254,415,4411.31%+22,142,669
CG ONCOLOGY INC(CGON)1,877,8501,726,850-151,00048,824,10069,557,5181.67%+20,733,418
ABBOTT LABS(Call)0150,000+150,000020,091,000+20,091,000
AVIDITY BIOSCIENCES INC1,812,8861,638,886-174,00051,485,96271,406,2631.71%+19,920,301
AXSOME THERAPEUTICS INC(AXSM)427,900531,800+103,90044,668,48164,587,1101.55%+19,918,629
BOSTON SCIENTIFIC CORP(BSX)(Call)0200,000+200,000019,526,000+19,526,000
DYNE THERAPEUTICS INC(DYN)1,031,4002,314,184+1,282,7849,818,92829,274,4280.70%+19,455,500
DISC MEDICINE INC(IRON)1,415,0201,415,020074,939,45993,504,5222.24%+18,565,063
KRYSTAL BIOTECH INC(KRYS)9,200102,745+93,5451,264,63218,137,5750.43%+16,872,943
CARLSMED INC01,252,600+1,252,600016,772,3140.40%+16,772,314
JANUX THERAPEUTICS INC(JANX)1,210,3001,766,100+555,80027,957,93043,163,4841.04%+15,205,554
SHATTUCK LABS INC06,306,127+6,306,127015,071,6440.36%+15,071,644
RAPT THERAPEUTICS INC1,641,9061,086,618-555,28813,135,24828,023,8780.67%+14,888,630
AKERO THERAPEUTICS INC211,300526,200+314,90011,274,96824,983,9760.60%+13,709,008
COMPASS THERAPEUTICS INC15,219,99415,219,994039,571,98453,269,9791.28%+13,697,995
PFIZER INC(PFE)(Call)0500,000+500,000012,740,000+12,740,000
CRINETICS PHARMACEUTICALS IN(CRNX)1,149,0001,099,000-50,00033,045,24045,773,3501.10%+12,728,110
ARGENX SE(ARGX)208,000172,300-35,700114,653,760127,081,5883.05%+12,427,828
AVALO THERAPEUTICS INC(AVTX)967,0001,349,300+382,3004,825,33017,149,6030.41%+12,324,273
TREVI THERAPEUTICS INC(TRVI)3,308,4003,308,400018,096,94830,271,8600.73%+12,174,912
SCPHARMACEUTICALS INC6,059,5286,059,528023,086,80234,357,5240.82%+11,270,722
VISTAGEN THERAPEUTICS INC03,060,000+3,060,000010,863,0000.26%+10,863,000
CARIS LIFE SCIENCES INC(CAI)3,034,8583,034,858081,091,40691,804,4552.20%+10,713,049
ROIVANT SCIENCES LTD(ROIV)2,779,4272,714,798-64,62931,324,14241,074,8940.99%+9,750,752
AMYLYX PHARMACEUTICALS INC(AMLX)313,200750,600+437,4002,007,61210,200,6540.24%+8,193,042
VERASTEM INC0887,561+887,56107,837,1640.19%+7,837,164
BRIGHTSPRING HEALTH SVCS INC(BTSG)0263,800+263,80007,797,9280.19%+7,797,928
ADC THERAPEUTICS SA5,907,3515,907,351015,831,70123,629,4040.57%+7,797,703
CYTOMX THERAPEUTICS INC8,461,5008,461,500019,207,60526,992,1850.65%+7,784,580
UROGEN PHARMA LTD(URGN)478,400689,000+210,6006,554,08013,745,5500.33%+7,191,470
STRUCTURE THERAPEUTICS INC1,199,3001,139,300-60,00024,873,48231,900,4000.77%+7,026,918
PRELUDE THERAPEUTICS INC10,909,25610,909,25608,829,95215,709,3290.38%+6,879,377
BIOCRYST PHARMACEUTICALS INC(BCRX)0901,500+901,50006,842,3850.16%+6,842,385
CORBUS PHARMACEUTICALS HLDGS1,172,2871,172,28708,088,78014,829,4310.36%+6,740,651
MILESTONE PHARMACEUTICALS IN03,221,828+3,221,82806,443,6560.15%+6,443,656
RHYTHM PHARMACEUTICALS INC(RYTM)248,512215,152-33,36015,703,47321,728,2000.52%+6,024,727
APELLIS PHARMACEUTICALS INC(Call)50,000250,000+200,000865,5005,657,500+4,792,000
ASTRAZENECA PLC(AZN)(Call)100,000150,000+50,0006,988,00011,508,000+4,520,000
BRIGHTSPRING HEALTH SVCS INC(BTSG)(Call)0150,000+150,00004,434,000+4,434,000
MIND MEDICINE MINDMED INC0367,824+367,82404,336,6450.10%+4,336,645
CRINETICS PHARMACEUTICALS IN(CRNX)(Put)0100,000+100,00004,165,000+4,165,000
CELCUITY INC(CELC)084,020+84,02004,150,5880.10%+4,150,588
TARSUS PHARMACEUTICALS INC(TARS)197,900197,90008,016,92911,761,1970.28%+3,744,268
SCHOLAR ROCK HLDG CORP(SRRK)(Call)0100,000+100,00003,724,000+3,724,000
THERMO FISHER SCIENTIFIC INC(TMO)46,50046,500018,853,89022,553,4300.54%+3,699,540
TG THERAPEUTICS INC(TGTX)(Call)0100,000+100,00003,612,500+3,612,500
ENLIVEN THERAPEUTICS INC7,959,5387,959,5380159,668,332162,931,7433.91%+3,263,411
IMAGENEBIO INC0378,556+378,55603,085,2310.07%+3,085,231
CELCUITY INC(CELC)00002,684,2400.06%+2,684,240
KEROS THERAPEUTICS INC1,018,7341,018,734013,600,09916,116,3720.39%+2,516,273
FORTE BIOSCIENCES INC(FBRX)1,196,9551,196,955015,476,62817,954,3250.43%+2,477,697
ADICET BIO INC11,447,14011,447,14006,982,7559,274,4730.22%+2,291,718
ALUMIS INC1,926,4231,926,42305,779,2697,686,4280.18%+1,907,159
C4 THERAPEUTICS INC6,830,3005,235,146-1,595,1549,767,32911,622,0240.28%+1,854,695
ATAI LIFE SCIENCES NV0347,000+347,00001,835,6300.04%+1,835,630
VIR BIOTECHNOLOGY INC(VIR)2,380,7152,380,715011,998,80413,593,8830.33%+1,595,079
PMV PHARMACEUTICALS INC6,475,2915,975,291-500,0006,863,8088,365,4070.20%+1,501,599
REPARE THERAPEUTICS INC3,322,4883,322,48804,618,2585,847,5790.14%+1,229,321
KORRO BIO INC32,40032,4000404,6761,551,6360.04%+1,146,960
Q32 BIO INC2,252,9872,252,98703,356,9514,460,9140.11%+1,103,963
BIOAGE LABS INC(BIOA)921,959790,901-131,0583,807,6914,650,4980.11%+842,807
INSMED INC(INSM)13,45913,45901,354,5141,938,2310.05%+583,717
PASSAGE BIO INC059,046+59,0460474,1390.01%+474,139
ALTO NEUROSCIENCE INC(ANRO)250,000250,0000550,0001,005,0000.02%+455,000
LYELL IMMUNOPHARMA INC51,72751,7270457,267840,0460.02%+382,779
INSPIREMD INC2,133,4052,133,40504,842,8295,141,5060.12%+298,677
XERIS BIOPHARMA HOLDINGS INC80,42080,4200375,561654,6190.02%+279,058
TRAWS PHARMA INC605,531605,5310896,1861,120,2320.03%+224,046
VISTAGEN THERAPEUTICS INC(Call)045,200+45,2000160,460+160,460
WHITEHAWK THERAPEUTICS INC4,166,0004,166,00007,790,4207,915,4000.19%+124,980
IMMATICS N.V(IMTX)719,901466,601-253,3003,873,0673,975,4410.10%+102,374
LAKESHORE BIOPHARMA CO LTD54,7990-54,79955,8950-55,895
DIH HLDG US INC1,915,0001,915,0000468,984358,1050.01%-110,879
INMUNE BIO INC(Put)50,0000-50,000115,5000-115,500
AMICUS THERAPEUTICS INC2,285,4001,645,400-640,00013,095,34212,965,7520.31%-129,590
KEZAR LIFE SCIENCES INC192,700192,7000882,566751,5300.02%-131,036
MURAL ONCOLOGY PUB LTD CO588,800588,80001,454,3361,218,8160.03%-235,520
IMAGENEBIO INC12,048,7736,210,899-5,837,87413,131,45012,504,7790.30%-626,671
JADE BIOSCIENCES INC531,163531,16305,306,3184,583,9370.11%-722,381
CHEMOMAB THERAPEUTICS LTD940,9900-940,9901,091,5480-1,091,548
TURNSTONE BIOLOGICS CORP3,099,2650-3,099,2651,112,6360-1,112,636
NEUROPACE INC2,614,1842,614,184029,122,01026,952,2370.65%-2,169,773
PASSAGE BIO INC6,055,3000-6,055,3002,423,9370-2,423,937
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