Fund Holdings

RA CAPITAL MANAGEMENT, L.P.

Filing Period:
Securities
SharesValue ($K)
Q4 2025
Q1 2026
Change
Q4 2025
Q1 2026
Weight (%)
Change
ASCENDIS PHARMA A/S - ADR(ASND)010,281,496+10,281,49602,351,686,58024.92%+2,351,686,580
VAXCYTE INC(PCVX)011,474,599+11,474,5990666,788,9487.07%+666,788,948
RHYTHM PHARMACEUTICALS INC(RYTM)06,666,837+6,666,8370579,814,8146.14%+579,814,814
TYRA BIOSCIENCES INC(TYRA)012,198,625+12,198,6250467,207,3384.95%+467,207,338
SIONNA THERAPEUTICS INC(SION)09,905,045+9,905,0450397,093,2544.21%+397,093,254
EDGEWISE THERAPEUTICS INC(EWTX)010,428,437+10,428,4370328,495,7663.48%+328,495,766
NEWAMSTERDAM PHARMA CO NV
ORDINARY SHARES
09,550,191+9,550,1910305,701,6143.24%+305,701,614
NUVALENT INC-A(NUVL)02,534,145+2,534,1450259,623,1552.75%+259,623,155
DIANTHUS THERAPEUTICS INC(DNTH)02,611,733+2,611,7330219,176,6332.32%+219,176,633
MINERALYS THERAPEUTICS INC(MLYS)07,692,750+7,692,7500208,396,5982.21%+208,396,598
SPYGLASS PHARMA INC08,021,117+8,021,1170207,827,1412.20%+207,827,141
WAVE LIFE SCIENCES LTD(WVE)026,975,505+26,975,5050195,572,4112.07%+195,572,411
SEPTERNA INC(SEPN)06,995,858+6,995,8580168,110,4681.78%+168,110,468
DISC MEDICINE INC(IRON)02,450,221+2,450,2210156,667,1311.66%+156,667,131
JANUX THERAPEUTICS INC(JANX)011,189,693+11,189,6930155,536,7331.65%+155,536,733
BIOCRYST PHARMACEUTICALS INC(BCRX)015,827,186+15,827,1860150,674,8111.60%+150,674,811
BICARA THERAPEUTICS INC07,255,993+7,255,9930144,321,7011.53%+144,321,701
PRAXIS PRECISION MEDICINES I(PRAX)0373,787+373,7870120,430,4341.28%+120,430,434
GH RESEARCH PLC(GHRS)07,676,697+7,676,6970107,934,3601.14%+107,934,360
ZAI LAB LTD-ADR(ZLAB)05,707,262+5,707,2620107,353,5981.14%+107,353,598
TAYSHA GENE THERAPIES INC(TSHA)023,555,648+23,555,6480105,293,7471.12%+105,293,747
VOR BIOPHARMA INC(VOR)05,404,998+5,404,998096,425,1641.02%+96,425,164
GERON CORP(GERN)063,771,366+63,771,366095,019,3351.01%+95,019,335
ARS PHARMACEUTICALS INC010,860,977+10,860,977087,213,6450.92%+87,213,645
SAREPTA THERAPEUTICS INC(SRPT)03,902,596+3,902,596084,920,4890.90%+84,920,489
SPYRE THERAPEUTICS INC(SYRE)01,621,620+1,621,620081,794,5130.87%+81,794,513
EVOMMUNE INC03,494,638+3,494,638080,341,7280.85%+80,341,728
CLIMB BIO INC011,300,939+11,300,939077,411,4320.82%+77,411,432
SOLID BIOSCIENCES INC09,339,978+9,339,978067,247,8420.71%+67,247,842
ARTIVA BIOTHERAPEUTICS INC09,853,302+9,853,302063,455,2650.67%+63,455,265
DAMORA THERAPEUTICS INC(DMRA)02,399,310+2,399,310062,142,1290.66%+62,142,129
XENCOR INC(XNCR)04,897,237+4,897,237059,060,6780.63%+59,060,678
LB PHARMACEUTICALS INC(LBRX)02,208,604+2,208,604054,464,1750.58%+54,464,175
JADE BIOSCIENCES INC03,671,083+3,671,083051,578,7160.55%+51,578,716
ACUMEN PHARMACEUTICALS INC020,992,669+20,992,669049,542,6990.52%+49,542,699
4D MOLECULAR THERAPEUTICS IN05,049,779+5,049,779047,013,4420.50%+47,013,442
FULCRUM THERAPEUTICS INC06,053,960+6,053,960046,433,8730.49%+46,433,873
CAPRICOR THERAPEUTICS INC(CAPR)01,507,844+1,507,844045,838,4580.49%+45,838,458
CENTURY THERAPEUTICS INC017,754,430+17,754,430040,125,0120.43%+40,125,012
OLEMA PHARMACEUTICALS INC(OLMA)02,600,000+2,600,000038,766,0000.41%+38,766,000
LENZ THERAPEUTICS INC04,178,823+4,178,823038,236,2300.41%+38,236,230
MONOPAR THERAPEUTICS INC0667,207+667,207036,556,2720.39%+36,556,272
PEPGEN INC020,064,545+20,064,545035,514,2450.38%+35,514,245
DESIGN THERAPEUTICS INC02,972,973+2,972,973031,632,4330.34%+31,632,433
MIRUM PHARMACEUTICALS INC(MIRM)0318,554+318,554029,428,0190.31%+29,428,019
BIOAGE LABS INC(BIOA)01,650,648+1,650,648028,869,8340.31%+28,869,834
LEXEO THERAPEUTICS INC05,000,000+5,000,000028,700,0000.30%+28,700,000
ASSEMBLY BIOSCIENCES INC01,020,410+1,020,410028,316,3780.30%+28,316,378
REZOLUTE INC09,180,000+9,180,000027,999,0000.30%+27,999,000
AKTIS ONCOLOGY INC(AKTS)01,503,084+1,503,084026,890,1730.28%+26,890,173
ALX ONCOLOGY HOLDINGS INC013,011,849+13,011,849026,088,7570.28%+26,088,757
ACLARIS THERAPEUTICS INC06,804,072+6,804,072025,515,2700.27%+25,515,270
OVID THERAPEUTICS INC010,714,000+10,714,000023,785,0800.25%+23,785,080
NKARTA INC010,805,129+10,805,129022,798,8220.24%+22,798,822
TRAVERE THERAPEUTICS INC(TVTX)0746,841+746,841022,188,6460.24%+22,188,646
GRAIL INC(GRAL)0428,266+428,266022,132,7870.23%+22,132,787
C4 THERAPEUTICS INC08,000,000+8,000,000021,040,0000.22%+21,040,000
RELMADA THERAPEUTICS INC02,947,369+2,947,369020,513,6880.22%+20,513,688
BENITEC BIOPHARMA INC01,850,000+1,850,000019,702,5000.21%+19,702,500
BRIGHT MINDS BIOSCIENCES INC0265,000+265,000019,337,0500.20%+19,337,050
SUTRO BIOPHARMA INC0715,307+715,307017,818,2970.19%+17,818,297
CONTINEUM THERAPEUTICS INC-A01,296,012+1,296,012016,925,9170.18%+16,925,917
SAB BIOTHERAPEUTICS INC04,401,500+4,401,500016,857,7450.18%+16,857,745
INSPIRE MEDICAL SYSTEMS INC(INSP)0325,663+325,663016,797,6980.18%+16,797,698
ANTERIS TECHNOLOGIES GLOBAL03,000,000+3,000,000016,650,0000.18%+16,650,000
ONKURE THERAPEUTICS INC-A03,998,333+3,998,333016,553,0990.18%+16,553,099
HINGE HEALTH INC-A(HNGE)0364,613+364,613014,059,4770.15%+14,059,477
GENEDX HOLDINGS CORP(WGS)0209,887+209,887013,478,9430.14%+13,478,943
WAYSTAR HOLDING CORP(WAY)0529,400+529,400012,763,8340.14%+12,763,834
HELIX ACQUISITION CORP-CL A01,250,000+1,250,000012,700,0000.13%+12,700,000
PALISADE BIO INC07,124,116+7,124,116012,467,2030.13%+12,467,203
ACRIVON THERAPEUTICS INC08,340,508+8,340,508011,593,3060.12%+11,593,306
ATRIUM THERAPEUTICS INC0864,102+864,102011,553,0440.12%+11,553,044
KARYOPHARM THERAPEUTICS INC01,917,354+1,917,354010,679,6620.11%+10,679,662
AVALO THERAPEUTICS INC(AVTX)0662,968+662,96809,898,1120.10%+9,898,112
PERCEPTIVE CAPITAL SOLUTIONS
CL A ORD SHS
0750,000+750,00008,227,5000.09%+8,227,500
ADICET BIO INC01,182,624+1,182,62408,053,6690.09%+8,053,669
NEWAMSTERDAM PHARMA CO NV-27
*W EXP 99/99/999
0333,333+333,33306,679,9930.07%+6,679,993
CORVUS PHARMACEUTICALS INC(CRVS)0450,000+450,00006,583,5000.07%+6,583,500
RANI THERAPEUTICS HOLDINGS-A08,500,000+8,500,00006,245,8000.07%+6,245,800
EQUILLIUM INC03,096,336+3,096,33606,192,6720.07%+6,192,672
WEREWOLF THERAPEUTICS INC06,681,307+6,681,30705,562,8560.06%+5,562,856
MACROGENICS INC01,864,176+1,864,17605,387,4690.06%+5,387,469
MAPLIGHT THERAPEUTICS INC(MPLT)0248,294+248,29405,047,8170.05%+5,047,817
PALATIN TECHNOLOGIES INC070,000+70,00001,219,4000.01%+1,219,400
PALATIN TECHNOLOGIES INC70,0000-70,0001,076,6000-1,076,600
HEALTH CATALYST INC793,7490-793,7491,897,0600-1,897,060
ORTHOPEDIATRICS CORP109,9590-109,9591,952,8720-1,952,872
QIAGEN N.V.(QGEN)43,9760-43,9762,081,6830-2,081,683
PROGYNY INC96,6280-96,6282,481,4070-2,481,407
HINGE HEALTH INC-A(HNGE)80,1130-80,1133,721,2490-3,721,249
WEREWOLF THERAPEUTICS INC6,681,3070-6,681,3074,232,6080-4,232,608
WAYSTAR HOLDING CORP(WAY)144,4000-144,4004,729,1000-4,729,100
GENEDX HOLDINGS CORP(WGS)58,0440-58,0447,549,2030-7,549,203
NEWAMSTERDAM PHARMA CO NV-27
*W EXP 99/99/999
333,3330-333,3337,666,6590-7,666,659
ADICET BIO INC948,2490-948,2497,984,2570-7,984,257
PERCEPTIVE CAPITAL SOLUTIONS
CL A ORD SHS
750,0000-750,0009,772,5000-9,772,500
RANI THERAPEUTICS HOLDINGS-A8,500,0000-8,500,00011,475,0000-11,475,000
AVALO THERAPEUTICS INC(AVTX)662,9680-662,96812,039,4990-12,039,499
INSPIRE MEDICAL SYSTEMS INC(INSP)141,9640-141,96413,093,3400-13,093,340
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