TANG CAPITAL MANAGEMENT LLC
Securities ▲▼ | Shares | Value ($K) | |||||
|---|---|---|---|---|---|---|---|
Q2 2025 ▲▼ | Q3 2025 ▲▼ | Change ▲▼ | Q2 2025 ▲▼ | Q3 2025 ▲▼ | Weight (%) ▲▼ | Change ▲▼ | |
| CELCUITY INC(CELC) | 0 | 1,150,000 | +1,150,000 | 0 | 56,810,000 | 2.19% | +56,810,000 |
| TARSUS PHARMACEUTICALS INC(TARS) | 2,454,797 | 2,454,797 | 0 | 99,443,826 | 145,888,586 | 5.62% | +46,444,760 |
| PRECIGEN INC(PGEN) | 0 | 12,400,000 | +12,400,000 | 0 | 40,796,000 | 1.57% | +40,796,000 |
| AURINIA PHARMACEUTICALS INC(AUPH) | 10,029,500 | 11,329,500 | +1,300,000 | 84,949,865 | 125,190,975 | 4.82% | +40,241,110 |
| PTC THERAPEUTICS INC(PTCT) | 1,100,000 | 1,500,000 | +400,000 | 53,724,000 | 92,055,000 | 3.54% | +38,331,000 |
| NIKE INC(NKE) | 19,399 | 519,399 | +500,000 | 1,378,123 | 36,217,710 | 1.39% | +34,839,587 |
| GALAPAGOS NV(LKFT) | 3,990,111 | 4,151,194 | +161,083 | 111,683,207 | 143,797,360 | 5.54% | +32,114,153 |
| IONIS PHARMACEUTICALS INC(IONS) | 150,000 | 550,000 | +400,000 | 5,926,500 | 35,981,000 | 1.39% | +30,054,500 |
| MIRUM PHARMACEUTICALS INC(MIRM) | 1,236,027 | 1,236,027 | 0 | 62,901,414 | 90,613,139 | 3.49% | +27,711,725 |
| VERTEX PHARMACEUTICALS INC(VRTX) | 10,000 | 80,000 | +70,000 | 4,452,000 | 31,331,200 | 1.21% | +26,879,200 |
| KINIKSA PHARMACEUTICALS INTL(KNSA) | 2,328,609 | 2,328,609 | 0 | 64,432,611 | 90,419,887 | 3.48% | +25,987,276 |
| MERUS N V | 600,000 | 600,000 | 0 | 31,560,000 | 56,490,000 | 2.17% | +24,930,000 |
| COMPASS THERAPEUTICS INC | 13,496,208 | 16,811,963 | +3,315,755 | 35,090,141 | 58,841,871 | 2.27% | +23,751,730 |
| VIRIDIAN THERAPEUTICS INC(VRDN) | 2,842,925 | 2,842,925 | 0 | 39,744,092 | 61,350,322 | 2.36% | +21,606,230 |
| IMMUNOCORE HLDGS PLC(IMCR) | 2,105,608 | 2,305,608 | +200,000 | 66,073,979 | 83,762,739 | 3.22% | +17,688,760 |
| LENZ THERAPEUTICS INC | 897,616 | 897,616 | 0 | 26,309,125 | 41,810,953 | 1.61% | +15,501,828 |
| RELAY THERAPEUTICS INC(RLAY) | 8,068,058 | 8,068,058 | 0 | 27,915,481 | 42,115,263 | 1.62% | +14,199,782 |
| AVADEL PHARMACEUTICALS PLC | 2,097,500 | 2,097,500 | 0 | 18,562,875 | 32,028,825 | 1.23% | +13,465,950 |
| VIKING THERAPEUTICS INC(VKTX) | 370,000 | 870,000 | +500,000 | 9,805,000 | 22,863,600 | 0.88% | +13,058,600 |
| JANUX THERAPEUTICS INC(JANX) | 200,000 | 700,000 | +500,000 | 4,620,000 | 17,108,000 | 0.66% | +12,488,000 |
| LIQUIDIA CORPORATION(LQDA) | 1,143,759 | 1,143,759 | 0 | 14,251,237 | 26,009,080 | 1.00% | +11,757,843 |
| ANAPTYSBIO INC | 1,330,879 | 1,333,639 | +2,760 | 29,545,514 | 40,836,026 | 1.57% | +11,290,512 |
| IDEAYA BIOSCIENCES INC(IDYA) | 0 | 400,000 | +400,000 | 0 | 10,884,000 | 0.42% | +10,884,000 |
| CYTOMX THERAPEUTICS INC | 11,065,662 | 11,065,662 | 0 | 25,119,053 | 35,299,462 | 1.36% | +10,180,409 |
| COMPASS PATHWAYS PLC(CMPS) | 1,300,000 | 2,200,000 | +900,000 | 3,640,000 | 12,606,000 | 0.49% | +8,966,000 |
| INSMED INC(INSM) | 200,000 | 200,000 | 0 | 20,128,000 | 28,802,000 | 1.11% | +8,674,000 |
| ANI PHARMACEUTICALS INC(ANIP) | 317,500 | 317,500 | 0 | 20,716,875 | 29,083,000 | 1.12% | +8,366,125 |
| NUVATION BIO INC(NUVB) | 3,900,000 | 4,200,000 | +300,000 | 7,605,000 | 15,540,000 | 0.60% | +7,935,000 |
| VERA THERAPEUTICS INC CL A(VERA) | 1,350,000 | 1,350,000 | 0 | 31,806,000 | 39,231,000 | 1.51% | +7,425,000 |
| DESIGN THERAPEUTICS INC | 1,780,975 | 1,780,975 | 0 | 6,001,886 | 13,410,742 | 0.52% | +7,408,856 |
| CRESCENT BIOPHARMA INC. | 50,152 | 679,824 | +629,672 | 809,453 | 8,083,107 | 0.31% | +7,273,654 |
| PMV PHARMACEUTICALS, INC. | 0 | 4,785,201 | +4,785,201 | 0 | 6,699,281 | 0.26% | +6,699,281 |
| CRISPR THERAPEUTICS AG(CRSP) | 0 | 100,000 | +100,000 | 0 | 6,481,000 | 0.25% | +6,481,000 |
| TRAVERE THERAPEUTICS INC(TVTX) | 700,000 | 700,000 | 0 | 10,360,000 | 16,730,000 | 0.64% | +6,370,000 |
| UROGEN PHARMA LTD(URGN) | 1,000,000 | 1,000,000 | 0 | 13,700,000 | 19,950,000 | 0.77% | +6,250,000 |
| STOKE THERAPEUTICS INC(STOK) | 500,000 | 500,000 | 0 | 5,675,000 | 11,750,000 | 0.45% | +6,075,000 |
| SUMMIT THERAPEUTICS INC(SMMT) | 250,000 | 550,000 | +300,000 | 5,320,000 | 11,363,000 | 0.44% | +6,043,000 |
| VERASTEM INC | 270,000 | 789,810 | +519,810 | 1,120,500 | 6,974,022 | 0.27% | +5,853,522 |
| SPYRE THERAPEUTICS INC(SYRE) | 3,200,000 | 3,200,000 | 0 | 47,904,000 | 53,632,000 | 2.06% | +5,728,000 |
| KALVISTA PHARMACEUTICALS INC | 4,941,798 | 5,041,798 | +100,000 | 55,867,026 | 61,409,100 | 2.36% | +5,542,074 |
| DIANTHUS THERAPEUTICS INC(DNTH) | 264,692 | 264,692 | 0 | 4,931,212 | 10,415,631 | 0.40% | +5,484,419 |
| ZYMEWORKS INC(ZYME) | 1,100,000 | 1,100,000 | 0 | 13,805,000 | 18,788,000 | 0.72% | +4,983,000 |
| JAZZ PHARMACEUTICALS PLC(JAZZ) | 190,000 | 190,000 | 0 | 20,162,800 | 25,042,000 | 0.96% | +4,879,200 |
| MINERALYS THERAPEUTICS INC(MLYS) | 200,000 | 200,000 | 0 | 2,706,000 | 7,584,000 | 0.29% | +4,878,000 |
| COHERUS ONCOLOGY INC | 5,097,362 | 5,097,362 | 0 | 3,727,701 | 8,359,674 | 0.32% | +4,631,973 |
| ALIBABA GROUP HOLDING LTD ADR(BABA) | 70,000 | 70,000 | 0 | 7,938,700 | 12,511,100 | 0.48% | +4,572,400 |
| SAREPTA THERAPEUTICS INC(SRPT) | 420,300 | 600,000 | +179,700 | 7,187,130 | 11,562,000 | 0.45% | +4,374,870 |
| CENTESSA PHARMACEUTICALS PLC | 50,000 | 200,000 | +150,000 | 657,000 | 4,850,000 | 0.19% | +4,193,000 |
| ABCELLERA BIOLOGICS INC(ABCL) | 2,600,000 | 2,600,000 | 0 | 8,918,000 | 13,078,000 | 0.50% | +4,160,000 |
| NVIDIA CORPORATION(NVDA) | 130,509 | 130,509 | 0 | 20,619,174 | 24,350,436 | 0.94% | +3,731,262 |
| KEROS THERAPEUTICS INC | 1,418,984 | 1,418,984 | 0 | 18,943,436 | 22,448,327 | 0.86% | +3,504,891 |
| BAUSCH HEALTH COS INC | 736,827 | 1,300,000 | +563,173 | 4,907,268 | 8,385,000 | 0.32% | +3,477,732 |
| MIND MEDICINE MINDMED INC | 600,200 | 600,200 | 0 | 3,895,298 | 7,076,358 | 0.27% | +3,181,060 |
| VENTYX BIOSCIENCES INC | 3,100,000 | 3,100,000 | 0 | 6,634,000 | 9,641,000 | 0.37% | +3,007,000 |
| FENNEC PHARMACEUTICALS INC | 20,527 | 334,593 | +314,066 | 170,374 | 3,131,790 | 0.12% | +2,961,416 |
| NKARTA INC | 7,055,576 | 7,055,576 | 0 | 11,712,256 | 14,605,042 | 0.56% | +2,892,786 |
| BIOAGE LABS INC(BIOA) | 1,600,000 | 1,600,000 | 0 | 6,608,000 | 9,408,000 | 0.36% | +2,800,000 |
| PYXIS ONCOLOGY INC | 2,500,000 | 2,500,000 | 0 | 2,750,000 | 5,550,000 | 0.21% | +2,800,000 |
| BLACK DIAMOND THERAPEUTICS I | 2,070,209 | 2,070,209 | 0 | 5,134,118 | 7,846,092 | 0.30% | +2,711,974 |
| BEAM THERAPEUTICS INC(BEAM) | 205,000 | 255,000 | +50,000 | 3,487,050 | 6,188,850 | 0.24% | +2,701,800 |
| VOR BIOPHARMA INC(VOR) | 0 | 50,000 | +50,000 | 0 | 2,436,000 | 0.09% | +2,436,000 |
| NEUROCRINE BIOSCIENCES INC(NBIX) | 150,000 | 150,000 | 0 | 18,853,500 | 21,057,000 | 0.81% | +2,203,500 |
| CYTOKINETICS INC(CYTK) | 100,000 | 100,000 | 0 | 3,304,000 | 5,496,000 | 0.21% | +2,192,000 |
| GOSSAMER BIO INC | 0 | 800,000 | +800,000 | 0 | 2,104,000 | 0.08% | +2,104,000 |
| GENMAB A/S(GMAB) | 200,000 | 200,000 | 0 | 4,132,000 | 6,134,000 | 0.24% | +2,002,000 |
| PLIANT THERAPEUTICS INC | 6,000,000 | 6,003,446 | +3,446 | 6,960,000 | 8,885,100 | 0.34% | +1,925,100 |
| GSK PLC(GSK) | 400,000 | 400,000 | 0 | 15,360,000 | 17,264,000 | 0.66% | +1,904,000 |
| ADICET BIO INC | 8,223,612 | 8,223,612 | 0 | 5,016,403 | 6,662,770 | 0.26% | +1,646,367 |
| IDEXX LABS INC(IDXX) | 16,000 | 16,000 | 0 | 8,581,440 | 10,222,240 | 0.39% | +1,640,800 |
| COGNITION THERAPEUTICS INC | 0 | 1,200,000 | +1,200,000 | 0 | 1,620,000 | 0.06% | +1,620,000 |
| ARVINAS INC | 1,393,800 | 1,393,800 | 0 | 10,258,368 | 11,875,176 | 0.46% | +1,616,808 |
| GENEDX HOLDINGS CORP(WGS) | 100,000 | 100,000 | 0 | 9,231,000 | 10,774,000 | 0.41% | +1,543,000 |
| NEUMORA THERAPEUTICS INC | 1,400,000 | 1,400,000 | 0 | 1,026,620 | 2,548,000 | 0.10% | +1,521,380 |
| KALARIS THERAPEUTICS, INC | 360,859 | 418,241 | +57,382 | 963,493 | 2,417,433 | 0.09% | +1,453,940 |
| ERASCA INC(ERAS) | 1,502,915 | 1,502,915 | 0 | 1,908,702 | 3,276,355 | 0.13% | +1,367,653 |
| EDGEWISE THERAPEUTICS INC(EWTX) | 431,300 | 431,300 | 0 | 5,654,343 | 6,995,686 | 0.27% | +1,341,343 |
| KODIAK SCIENCES INC(KOD) | 100,000 | 100,000 | 0 | 373,000 | 1,637,000 | 0.06% | +1,264,000 |
| CG ONCOLOGY INC(CGON) | 87,500 | 87,500 | 0 | 2,275,000 | 3,524,500 | 0.14% | +1,249,500 |
| SYNDAX PHARMACEUTICALS INC(SNDX) | 200,000 | 200,000 | 0 | 1,873,000 | 3,077,000 | 0.12% | +1,204,000 |
| VAXCYTE INC(PCVX) | 300,000 | 300,000 | 0 | 9,753,000 | 10,806,000 | 0.42% | +1,053,000 |
| ASTRAZENECA PLC(AZN) | 150,000 | 150,000 | 0 | 10,482,000 | 11,508,000 | 0.44% | +1,026,000 |
| REVOLUTION MEDICINES INC(RVMD) | 100,000 | 100,000 | 0 | 3,679,000 | 4,670,000 | 0.18% | +991,000 |
| THERAVANCE BIOPHARMA INC(TBPH) | 264,308 | 264,308 | 0 | 2,915,317 | 3,858,897 | 0.15% | +943,580 |
| TAYSHA GENE THERAPIES INC(TSHA) | 900,000 | 900,000 | 0 | 2,079,000 | 2,943,000 | 0.11% | +864,000 |
| PRECISION BIOSCIENCES INC | 653,649 | 653,649 | 0 | 2,745,326 | 3,608,142 | 0.14% | +862,816 |
| CLIMB BIO INC | 1,000,000 | 1,000,000 | 0 | 1,240,000 | 2,010,000 | 0.08% | +770,000 |
| INTEL CORP(INTC) | 66,216 | 66,216 | 0 | 1,483,228 | 2,221,531 | 0.09% | +738,303 |
| CORBUS PHARMACEUTICALS HLDGS | 127,520 | 127,520 | 0 | 879,888 | 1,613,128 | 0.06% | +733,240 |
| AMYLYX PHARMACEUTICALS INC(AMLX) | 100,000 | 100,000 | 0 | 641,000 | 1,359,000 | 0.05% | +718,000 |
| C4 THERAPEUTICS INC | 900,000 | 900,000 | 0 | 1,287,000 | 1,998,000 | 0.08% | +711,000 |
| OPTIMIZERX CORP | 100,000 | 100,000 | 0 | 1,350,000 | 2,050,000 | 0.08% | +700,000 |
| ROCKET PHARMACEUTICALS INC | 850,000 | 850,000 | 0 | 2,082,500 | 2,771,000 | 0.11% | +688,500 |
| VANDA PHARMACEUTICALS INC | 2,353,307 | 2,353,307 | 0 | 11,107,609 | 11,743,002 | 0.45% | +635,393 |
| SUTRO BIOPHARMA INC | 2,561,586 | 2,828,717 | +267,131 | 1,828,716 | 2,456,458 | 0.09% | +627,742 |
| PASSAGE BIO INC | 0 | 75,000 | +75,000 | 0 | 602,250 | 0.02% | +602,250 |
| ENANTA PHARMACEUTICALS INC | 126,655 | 126,655 | 0 | 957,512 | 1,516,060 | 0.06% | +558,548 |
| ZENTALIS PHARMACEUTICALS INC | 1,550,000 | 1,550,000 | 0 | 1,798,000 | 2,340,500 | 0.09% | +542,500 |
| NUVALENT INC(NUVL) | 50,000 | 50,000 | 0 | 3,815,000 | 4,324,000 | 0.17% | +509,000 |
| BIOGEN INC(BIIB) | 35,000 | 35,000 | 0 | 4,395,650 | 4,902,800 | 0.19% | +507,150 |
| ALEXANDRIA REAL ESTATE EQ IN | 40,000 | 40,000 | 0 | 2,905,200 | 3,333,600 | 0.13% | +428,400 |