Fund Holdings — TANG CAPITAL MANAGEMENT LLC

Total Portfolio Value
$2.60B
Total Bought
$501.01M
Total Sold
$164.58M
Net Transaction
+$336.42M
Filing Period:
Securities
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SharesValue ($K)
Q2 2025
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Q3 2025
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Change
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Q2 2025
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Q3 2025
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Weight (%)
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Change
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CELCUITY INC(CELC)01,150,000+1,150,000056,8102.19%+56,810
TARSUS PHARMACEUTICALS INC(TARS)2,454,7972,454,797099,444145,8895.62%+46,445
PRECIGEN INC(PGEN)012,400,000+12,400,000040,7961.57%+40,796
AURINIA PHARMACEUTICALS INC(AUPH)10,029,50011,329,500+1,300,00084,950125,1914.82%+40,241
PTC THERAPEUTICS INC(PTCT)1,100,0001,500,000+400,00053,72492,0553.54%+38,331
NIKE INC(NKE)19,399519,399+500,0001,37836,2181.39%+34,840
GALAPAGOS NV(LKFT)3,990,1114,151,194+161,083111,683143,7975.54%+32,114
IONIS PHARMACEUTICALS INC(IONS)150,000550,000+400,0005,92735,9811.39%+30,055
MIRUM PHARMACEUTICALS INC(MIRM)1,236,0271,236,027062,90190,6133.49%+27,712
VERTEX PHARMACEUTICALS INC(VRTX)10,00080,000+70,0004,45231,3311.21%+26,879
KINIKSA PHARMACEUTICALS INTL(KNSA)2,328,6092,328,609064,43390,4203.48%+25,987
MERUS N V600,000600,000031,56056,4902.17%+24,930
COMPASS THERAPEUTICS INC(CMPX)13,496,20816,811,963+3,315,75535,09058,8422.27%+23,752
VIRIDIAN THERAPEUTICS INC(VRDN)2,842,9252,842,925039,74461,3502.36%+21,606
IMMUNOCORE HLDGS PLC(IMCR)2,105,6082,305,608+200,00066,07483,7633.22%+17,689
LENZ THERAPEUTICS INC(LENZ)897,616897,616026,30941,8111.61%+15,502
RELAY THERAPEUTICS INC(RLAY)8,068,0588,068,058027,91542,1151.62%+14,200
AVADEL PHARMACEUTICALS PLC2,097,5002,097,500018,56332,0291.23%+13,466
VIKING THERAPEUTICS INC(VKTX)370,000870,000+500,0009,80522,8640.88%+13,059
JANUX THERAPEUTICS INC(JANX)200,000700,000+500,0004,62017,1080.66%+12,488
LIQUIDIA CORPORATION(LQDA)1,143,7591,143,759014,25126,0091.00%+11,758
ANAPTYSBIO INC1,330,8791,333,639+2,76029,54640,8361.57%+11,291
IDEAYA BIOSCIENCES INC(IDYA)0400,000+400,000010,8840.42%+10,884
CYTOMX THERAPEUTICS INC(CTMX)11,065,66211,065,662025,11935,2991.36%+10,180
COMPASS PATHWAYS PLC(CMPS)1,300,0002,200,000+900,0003,64012,6060.49%+8,966
INSMED INC(INSM)200,000200,000020,12828,8021.11%+8,674
ANI PHARMACEUTICALS INC(ANIP)317,500317,500020,71729,0831.12%+8,366
NUVATION BIO INC(NUVB)3,900,0004,200,000+300,0007,60515,5400.60%+7,935
VERA THERAPEUTICS INC CL A(VERA)1,350,0001,350,000031,80639,2311.51%+7,425
DESIGN THERAPEUTICS INC(DSGN)1,780,9751,780,97506,00213,4110.52%+7,409
CRESCENT BIOPHARMA INC.(CBIO)50,152679,824+629,6728098,0830.31%+7,274
PMV PHARMACEUTICALS, INC.(PMVP)04,785,201+4,785,20106,6990.26%+6,699
CRISPR THERAPEUTICS AG(CRSP)0100,000+100,00006,4810.25%+6,481
TRAVERE THERAPEUTICS INC(TVTX)700,000700,000010,36016,7300.64%+6,370
UROGEN PHARMA LTD(URGN)1,000,0001,000,000013,70019,9500.77%+6,250
STOKE THERAPEUTICS INC(STOK)500,000500,00005,67511,7500.45%+6,075
SUMMIT THERAPEUTICS INC(SMMT)250,000550,000+300,0005,32011,3630.44%+6,043
VERASTEM INC(VSTM)270,000789,810+519,8101,1216,9740.27%+5,854
SPYRE THERAPEUTICS INC(SYRE)3,200,0003,200,000047,90453,6322.06%+5,728
KALVISTA PHARMACEUTICALS INC4,941,7985,041,798+100,00055,86761,4092.36%+5,542
DIANTHUS THERAPEUTICS INC(DNTH)264,692264,69204,93110,4160.40%+5,484
ZYMEWORKS INC(ZYME)1,100,0001,100,000013,80518,7880.72%+4,983
JAZZ PHARMACEUTICALS PLC(JAZZ)190,000190,000020,16325,0420.96%+4,879
MINERALYS THERAPEUTICS INC(MLYS)200,000200,00002,7067,5840.29%+4,878
COHERUS ONCOLOGY INC(CHRS)5,097,3625,097,36203,7288,3600.32%+4,632
ALIBABA GROUP HOLDING LTD ADR(BABA)70,00070,00007,93912,5110.48%+4,572
SAREPTA THERAPEUTICS INC(SRPT)420,300600,000+179,7007,18711,5620.45%+4,375
CENTESSA PHARMACEUTICALS PLC50,000200,000+150,0006574,8500.19%+4,193
ABCELLERA BIOLOGICS INC(ABCL)2,600,0002,600,00008,91813,0780.50%+4,160
NVIDIA CORPORATION(NVDA)130,509130,509020,61924,3500.94%+3,731
KEROS THERAPEUTICS INC(KROS)1,418,9841,418,984018,94322,4480.86%+3,505
BAUSCH HEALTH COS INC736,8271,300,000+563,1734,9078,3850.32%+3,478
MIND MEDICINE MINDMED INC600,200600,20003,8957,0760.27%+3,181
VENTYX BIOSCIENCES INC3,100,0003,100,00006,6349,6410.37%+3,007
FENNEC PHARMACEUTICALS INC(FENC)20,527334,593+314,0661703,1320.12%+2,961
NKARTA INC(NKTX)7,055,5767,055,576011,71214,6050.56%+2,893
BIOAGE LABS INC(BIOA)1,600,0001,600,00006,6089,4080.36%+2,800
PYXIS ONCOLOGY INC(PYXS)2,500,0002,500,00002,7505,5500.21%+2,800
BLACK DIAMOND THERAPEUTICS I2,070,2092,070,20905,1347,8460.30%+2,712
BEAM THERAPEUTICS INC(BEAM)205,000255,000+50,0003,4876,1890.24%+2,702
VOR BIOPHARMA INC(VOR)050,000+50,00002,4360.09%+2,436
NEUROCRINE BIOSCIENCES INC(NBIX)150,000150,000018,85421,0570.81%+2,204
CYTOKINETICS INC(CYTK)100,000100,00003,3045,4960.21%+2,192
GOSSAMER BIO INC(GOSS)0800,000+800,00002,1040.08%+2,104
GENMAB A/S(GMAB)200,000200,00004,1326,1340.24%+2,002
PLIANT THERAPEUTICS INC(PLRX)6,000,0006,003,446+3,4466,9608,8850.34%+1,925
GSK PLC(GSK)400,000400,000015,36017,2640.66%+1,904
ADICET BIO INC8,223,6128,223,61205,0166,6630.26%+1,646
IDEXX LABS INC(IDXX)16,00016,00008,58110,2220.39%+1,641
COGNITION THERAPEUTICS INC(CGTX)01,200,000+1,200,00001,6200.06%+1,620
ARVINAS INC(ARVN)1,393,8001,393,800010,25811,8750.46%+1,617
GENEDX HOLDINGS CORP(WGS)100,000100,00009,23110,7740.41%+1,543
NEUMORA THERAPEUTICS INC(NMRA)1,400,0001,400,00001,0272,5480.10%+1,521
KALARIS THERAPEUTICS, INC(KLRS)360,859418,241+57,3829632,4170.09%+1,454
ERASCA INC(ERAS)1,502,9151,502,91501,9093,2760.13%+1,368
EDGEWISE THERAPEUTICS INC(EWTX)431,300431,30005,6546,9960.27%+1,341
KODIAK SCIENCES INC(KOD)100,000100,00003731,6370.06%+1,264
CG ONCOLOGY INC(CGON)87,50087,50002,2753,5250.14%+1,250
SYNDAX PHARMACEUTICALS INC(SNDX)200,000200,00001,8733,0770.12%+1,204
VAXCYTE INC(PCVX)300,000300,00009,75310,8060.42%+1,053
ASTRAZENECA PLC(AZN)150,000150,000010,48211,5080.44%+1,026
REVOLUTION MEDICINES INC(RVMD)100,000100,00003,6794,6700.18%+991
THERAVANCE BIOPHARMA INC(TBPH)264,308264,30802,9153,8590.15%+944
TAYSHA GENE THERAPIES INC(TSHA)900,000900,00002,0792,9430.11%+864
PRECISION BIOSCIENCES INC(DTIL)653,649653,64902,7453,6080.14%+863
CLIMB BIO INC(CLYM)1,000,0001,000,00001,2402,0100.08%+770
INTEL CORP(INTC)66,21666,21601,4832,2220.09%+738
CORBUS PHARMACEUTICALS HLDGS(CRBP)127,520127,52008801,6130.06%+733
AMYLYX PHARMACEUTICALS INC(AMLX)100,000100,00006411,3590.05%+718
C4 THERAPEUTICS INC(CCCC)900,000900,00001,2871,9980.08%+711
OPTIMIZERX CORP(OPRX)100,000100,00001,3502,0500.08%+700
ROCKET PHARMACEUTICALS INC(RCKT)850,000850,00002,0832,7710.11%+689
VANDA PHARMACEUTICALS INC(VNDA)2,353,3072,353,307011,10811,7430.45%+635
SUTRO BIOPHARMA INC(STRO)2,561,5862,828,717+267,1311,8292,4560.09%+628
PASSAGE BIO INC(PASG)075,000+75,00006020.02%+602
ENANTA PHARMACEUTICALS INC(ENTA)126,655126,65509581,5160.06%+559
ZENTALIS PHARMACEUTICALS INC(ZNTL)1,550,0001,550,00001,7982,3410.09%+543
NUVALENT INC50,00050,00003,8154,3240.17%+509
BIOGEN INC(BIIB)35,00035,00004,3964,9030.19%+507
ALEXANDRIA REAL ESTATE EQ IN40,00040,00002,9053,3340.13%+428
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TANG CAPITAL MANAGEMENT LLC — 13F Holdings — Q3 2025 | TickerTrail