Fund Holdings

Palo Alto Investors LP

Filing Period:
Securities
SharesValue ($K)
Q4 2025
Q1 2026
Change
Q4 2025
Q1 2026
Change
INSMED INC0415,269+415,269067,904,787+67,904,787
DYNE THERAPEUTICS INC01,652,972+1,652,972029,968,382+29,968,382
BIOGEN INC0140,719+140,719025,798,014+25,798,014
IOVANCE BIOTHERAPEUTICS INC06,349,563+6,349,563022,286,966+22,286,966
MIRUM PHARMACEUTICALS INC156,421325,175+168,75412,355,69530,039,667+17,683,972
NOVOCURE LTD01,280,439+1,280,439013,956,785+13,956,785
PROTHENA CORP PLC01,208,568+1,208,568011,747,281+11,747,281
CELLDEX THERAPEUTICS INC0296,408+296,40809,402,062+9,402,062
UNITED THERAPEUTICS CORP58,18662,809+4,62328,351,12937,244,481+8,893,352
ALKERMES PLC0242,560+242,56008,576,922+8,576,922
TRAVERE THERAPEUTICS INC0230,453+230,45306,846,759+6,846,759
TAYSHA GENE THERAPIES INC01,391,382+1,391,38206,219,478+6,219,478
BICARA THERAPEUTICS INC298,575550,408+251,8335,025,01710,947,615+5,922,598
ANNEXON INC2,384,1922,948,090+563,89811,968,64416,332,419+4,363,775
SYNDAX PHARMACEUTICALS INC794,507864,986+70,47916,692,59220,206,073+3,513,481
CYTOKINETICS INC032,195+32,19502,121,972+2,121,972
ANAPTYSBIO INC690,032638,161-51,87133,452,75135,392,409+1,939,658
ULTRAGENYX PHARMACEUTICAL IN461,294596,495+135,20110,609,76212,496,570+1,886,808
BIONTECH SE-ADR019,614+19,61401,743,292+1,743,292
PYXIS ONCOLOGY INC01,010,510+1,010,51001,475,345+1,475,345
AGIOS PHARMACEUTICALS INC212,499213,601+1,1025,784,2237,226,122+1,441,899
ACLARIS THERAPEUTICS INC1,566,8401,613,430+46,5904,716,1886,050,363+1,334,175
VERASTEM INC0246,093+246,09301,304,293+1,304,293
ORUKA THERAPEUTICS INC59,98559,98501,818,1452,942,264+1,124,119
BICYCLE THERAPEUTICS PLC-ADR0201,890+201,8900936,770+936,770
MADRIGAL PHARMACEUTICALS INC01,787+1,7870935,441+935,441
ALIGN TECHNOLOGY INC41,52041,52006,483,3487,117,774+634,426
XERIS BIOPHARMA HOLDINGS INC0104,410+104,4100605,578+605,578
DISC MEDICINE INC317,456401,719+84,26325,209,18125,685,913+476,732
STOKE THERAPEUTICS INC72,02284,631+12,6092,285,9782,755,585+469,607
CAPRICOR THERAPEUTICS INC226,304229,763+3,4596,531,1336,984,795+453,662
ALDEYRA THERAPEUTICS INC0155,709+155,7090263,148+263,148
CAREDX INC478,220531,870+53,6509,009,6659,233,263+223,598
AKARI THERAPEUTICS PLC-ADR146,0240-146,02442,2010-42,201
PROQR THERAPEUTICS NV188,807188,8070381,390305,867-75,523
GENERATION BIO CO15,0470-15,04785,4670-85,467
ABEONA THERAPEUTICS INC108,865108,8650573,719487,715-86,004
UROGEN PHARMA LTD24,50024,5000573,790440,510-133,280
COMPASS PATHWAYS PLC ADR115,616115,6160797,750639,356-158,394
EDWARDS LIFESCIENCES CORP33,64033,64002,867,8102,693,891-173,919
NEUROCRINE BIOSCIENCES INC18,11718,11702,569,5342,386,734-182,800
CRISPR THERAPEUTICS AG41,22639,605-1,6212,161,8911,884,010-277,881
HUMANA INC3,9853,98501,020,678690,959-329,719
INSPIRE MEDICAL SYSTEMS INC8,7728,7720809,042452,460-356,582
ALDEYRA THERAPEUTICS INC225,4650-225,4651,167,9090-1,167,909
PYXIS ONCOLOGY INC1,037,4210-1,037,4211,193,0340-1,193,034
XENON PHARMACEUTICALS INC96,51951,345-45,1744,325,9822,985,712-1,340,270
BICYCLE THERAPEUTICS PLC-ADR221,0710-221,0711,565,1830-1,565,183
BIONTECH SE-ADR19,6140-19,6141,867,2530-1,867,253
ACADIA PHARMACEUTICALS INC2,484,0312,872,695+388,66466,348,46863,946,191-2,402,277
NUVATION BIO INC538,079508,846-29,2334,821,1882,182,949-2,638,239
TRAVERE THERAPEUTICS INC110,7190-110,7194,230,5730-4,230,573
EHEALTH INC1,531,4291,482,797-48,6327,044,5731,912,808-5,131,765
COMPASS THERAPEUTICS INC2,532,4191,514,504-1,017,91513,599,0908,011,726-5,587,364
BIOMARIN PHARMACEUTICAL INC746,256685,182-61,07444,349,99438,705,931-5,644,063
PTC THERAPEUTICS INC903,916921,607+17,69168,661,45962,789,085-5,872,374
DENALI THERAPEUTICS INC641,239234,582-406,65710,586,8564,503,974-6,082,882
TAYSHA GENE THERAPIES INC1,183,1950-1,183,1956,507,5730-6,507,573
ALKERMES PLC242,5600-242,5606,786,8290-6,786,829
PROTHENA CORP PLC1,320,5100-1,320,51012,610,8710-12,610,871
GOSSAMER BIO INC4,471,5920-4,471,59213,861,9350-13,861,935
NOVOCURE LTD1,298,9640-1,298,96416,795,6050-16,795,605
IOVANCE BIOTHERAPEUTICS INC7,116,6760-7,116,67619,428,5250-19,428,525
DYNE THERAPEUTICS INC1,472,1970-1,472,19728,796,1730-28,796,173
BIOGEN INC183,5710-183,57132,306,6600-32,306,660
AMICUS THERAPEUTICS INC5,205,7671,113,045-4,092,72274,130,12216,094,631-58,035,491
INSMED INC489,4820-489,48285,189,4470-85,189,447
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