Fund HoldingsPERCEPTIVE ADVISORS LLC

Total Portfolio Value
$5.61B
Total Bought
$2.66B
Total Sold
$634.44M
Net Transaction
+$2.02B
Filing Period:
Securities
SharesValue ($K)
Q3 2025
Q4 2025
Change
Q3 2025
Q4 2025
Weight (%)
Change
PRAXIS PRECISION MEDICINES I(PRAX)1,564,5541,995,986+431,43282,921588,29710.49%+505,376
CELCUITY INC(CELC)2,956,3193,160,200+203,881146,042315,1985.62%+169,156
SPDR SERIES TRUST(Put)
ST STR SP BIOT
01,100,000+1,100,0000134,123+134,123
APOGEE THERAPEUTICS INC(APGE)1,351,9892,330,651+978,66253,715175,9183.14%+122,203
EXACT SCIENCES CORP(EXK)465,4871,200,487+735,00025,467121,9212.17%+96,455
SPYRE THERAPEUTICS INC(SYRE)1,229,4453,069,225+1,839,78020,605100,5481.79%+79,942
TRAVERE THERAPEUTICS INC(TVTX)3,794,6154,278,180+483,56590,691163,4692.91%+72,778
INHIBRX BIOSCIENCES INC(INBX)1,327,7071,452,707+125,00044,717114,7642.05%+70,047
VIRIDIAN THERAPEUTICS INC(VRDN)1,462,4003,042,703+1,580,30331,55994,6891.69%+63,130
BOSTON SCIENTIFIC CORP(BSX)310,000979,000+669,00030,26593,3481.66%+63,082
BELITE BIO INC(BLTE)49,788414,239+364,4513,68466,2621.18%+62,577
ROIVANT SCIENCES LTD(ROIV)7,368,4617,985,461+617,000111,485173,2853.09%+61,800
DYNE THERAPEUTICS INC(DYN)540,4443,478,944+2,938,5006,83768,0481.21%+61,212
NURIX THERAPEUTICS INC(NRIX)1,416,1493,555,877+2,139,72813,08567,4551.20%+54,370
INVIVYD INC021,785,166+21,785,166053,8090.96%+53,809
ZYMEWORKS INC(ZYME)2,090,6633,261,850+1,171,18735,70985,8851.53%+50,176
PROTAGONIST THERAPEUTICS INC1,030,1341,350,425+320,29168,432117,9462.10%+49,514
EDGEWISE THERAPEUTICS(EWTX)3,795,8944,457,974+662,08061,569110,6251.97%+49,055
DANAHER CORPORATION(DHR)0200,000+200,000045,7840.82%+45,784
AMICUS THERAPEUTICS INC
COM
6,370,8516,370,851050,20290,7211.62%+40,519
ENGENE HOLDINGS INC
COM
2,097,2365,869,076+3,771,84014,32452,9980.94%+38,674
ASTRIA THERAPEUTICS INC6,485,4206,485,420047,21484,8941.51%+37,680
CIDARA THERAPEUTICS INC0165,131+165,131036,4760.65%+36,476
DISC MEDICINE INC(IRON)0450,743+450,743035,7940.64%+35,794
NUVALENT INC1,562,3361,665,105+102,769135,111167,4932.99%+32,382
ALTO NEUROSCIENCE INC(ANRO)155,3661,784,393+1,629,02762531,7620.57%+31,138
IMMATICS N.V(IMTX)9,383,45610,383,456+1,000,00079,947109,0261.94%+29,079
JAZZ PHARMACEUTICALS PLC(JAZZ)0170,000+170,000028,9000.52%+28,900
ABIVAX SA(ABVX)388,608458,343+69,73532,99361,8101.10%+28,817
PALISADE BIO INC012,050,000+12,050,000028,3180.50%+28,318
INTUITIVE SURGICAL INC52,11987,919+35,80023,30949,7940.89%+26,485
AXOGEN INC(AXGN)0784,140+784,140025,6650.46%+25,665
X4 PHARMACEUTICALS INC06,314,452+6,314,452025,2580.45%+25,258
IMMUNOVANT INC(IMVT)1,587,8901,994,890+407,00025,59750,7100.90%+25,113
BIOCRYST PHARMACEUTICALS INC(BCRX)03,162,529+3,162,529024,6680.44%+24,668
RAPT THERAPEUTICS INC183,890825,890+642,0004,74327,9730.50%+23,230
BIOGEN INC(BIIB)0124,000+124,000021,8230.39%+21,823
MIRUM PHARMACEUTICALS INC(MIRM)0259,545+259,545020,5010.37%+20,501
ORUKA THERAPEUTICS INC(ORKA)1,268,0211,476,501+208,48024,38444,7530.80%+20,369
GRAIL INC(GRAL)0237,342+237,342020,3140.36%+20,314
CVS HEALTH CORP(CVS)0220,000+220,000017,4590.31%+17,459
GUARDANT HEALTH INC(GH)0160,000+160,000016,3420.29%+16,342
RELAY THERAPEUTICS INC(RLAY)01,903,245+1,903,245016,1010.29%+16,101
GLAUKOS CORP(GKOS)0140,000+140,000015,8070.28%+15,807
REPLIGEN CORP(RGEN)270,428315,541+45,11336,14851,7050.92%+15,556
DEXCOM INC(DXCM)0225,758+225,758014,9840.27%+14,984
SAVARA INC(SVRA)02,400,000+2,400,000014,4720.26%+14,472
ASCENDIS PHARMA A/S(ASND)1,088,5011,081,421-7,080216,405230,6024.11%+14,197
CELCUITY INC(CELC)000014,0980.25%+14,098
NAUTILUS BIOTECHNOLOGY INC12,594,21112,594,211010,64224,5590.44%+13,917
SIONNA THERAPEUTICS INC1,179,0981,179,098034,67748,5080.86%+13,831
KODIAK SCIENCES INC(KOD)634,577848,900+214,32310,38823,7350.42%+13,347
BETA BIONICS INC277,944602,944+325,0005,52318,3720.33%+12,849
ATHIRA PHARMA INC540,2961,859,322+1,319,0262,23714,0750.25%+11,838
CYTOMX THERAPEUTICS INC9,680,1859,680,185030,88041,2380.74%+10,358
OCULIS HOLDING AG0493,827+493,82709,8620.18%+9,862
MAPLIGHT THERAPEUTICS INC0550,000+550,00009,6610.17%+9,661
AXSOME THERAPEUTICS INC(AXSM)148,900148,900018,08427,1950.48%+9,111
RAPPORT THERAPEUTICS INC(RAPP)403,923673,923+270,00011,99720,4470.36%+8,450
CONTINEUM THERAPEUTICS INC714,5921,464,592+750,0008,39616,7400.30%+8,344
ORCHESTRA BIOMED HLDGS INC5,292,5565,127,256-165,30013,12621,2780.38%+8,153
BRIGHT MINDS BIOSCIENCES INC449,290449,290027,25435,0630.62%+7,809
KESTRA MED TECHNOLOGIES LTD
SHS
0285,000+285,00007,5580.13%+7,558
CAPRICOR THERAPEUTICS INC(Call)0242,100+242,10006,987+6,987
BILLIONTOONE INC072,812+72,81205,9590.11%+5,959
BIOHAVEN LTD(BHVN)(Call)0500,000+500,00005,645+5,645
TENAX THERAPEUTICS INC0439,142+439,14205,3530.10%+5,353
TECTONIC THERAPEUTIC INC(Call)0250,000+250,00005,215+5,215
TANGO THERAPEUTICS INC(TNGX)0513,035+513,03504,5450.08%+4,545
COGENT BIOSCIENCES INC(COGT)0121,082+121,08204,3010.08%+4,301
OLEMA PHARMACEUTICALS INC(OLMA)0165,713+165,71304,1430.07%+4,143
SCHRODINGER INC(SDGR)0202,400+202,40003,6190.06%+3,619
PALVELLA THERAPEUTICS INC NE(PVLA)395,093266,287-128,80624,76827,8720.50%+3,104
SAB BIOTHERAPEUTICS INC0803,210+803,21003,0040.05%+3,004
INHIBIKASE THERAPEUTICS INC5,421,5685,421,56808,78311,1140.20%+2,331
CONNECT BIOPHARMA HLDGS LTD0792,696+792,69602,2350.04%+2,235
SEPTERNA INC(SEPN)541,450433,160-108,29010,18512,0770.22%+1,892
IMMIX BIOPHARMA INC0338,941+338,94101,7730.03%+1,773
PEPGEN INC829,870829,87003,8345,4020.10%+1,568
OPUS GENETICS INC4,325,0004,325,00007,1368,6930.15%+1,557
CUMBERLAND PHARMACEUTICALS I0341,087+341,08701,3580.02%+1,358
MEDLINE INC(MDLN)028,000+28,00001,1760.02%+1,176
PALATIN TECHNOLOGIES INC070,000+70,00001,0770.02%+1,077
XENON PHARMACEUTICALS INC(XENE)200,791200,79108,0628,9990.16%+938
LENZ THERAPEUTICS INC050,000+50,00008000.01%+800
AVALO THERAPEUTICS INC(AVTX)139,667139,66701,7752,5360.05%+761
ANTERIS TECHNOLOGIES GLOBAL(AVR)1,705,1301,675,476-29,6547,6738,3610.15%+688
LEXEO THERAPEUTICS INC139,835139,83509291,3890.02%+460
IOVANCE BIOTHERAPEUTICS INC(IOVA)0152,714+152,71404170.01%+417
REVOLUTION MEDICINES INC(RVMD)250,000250,0000752350.00%+160
SURROZEN INC166,666166,6660330.00%0
CRESCENT BIOPHARMA INC.453,686453,68605,3945,3810.10%-14
BIODESIX108,694108,69408217390.01%-82
ENSYSCE BIOSCIENCES INC86,66686,6660205800.00%-126
GOSSAMER BIO INC3,812,7973,139,669-673,12810,0289,7330.17%-295
APYX MEDICAL CORPORATION150,0000-150,0003210-321
ADMA BIOLOGICS INC1,153,468883,468-270,00016,91016,1140.29%-795
ENVVENO MEDICAL CORPORATION1,759,0351,759,03501,5945640.01%-1,029
UNIQURE NV(QURE)20,0000-20,0001,1670-1,167
LYRA THERAPEUTICS INC229,3820-229,3821,4980-1,498
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