Fund Holdings — RA CAPITAL MANAGEMENT, L.P.

Total Portfolio Value
$8.12B
Total Bought
$1.15B
Total Sold
$311.36M
Net Transaction
+$837.29M
Filing Period:
Securities
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SharesValue ($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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ASCENDIS PHARMA A/S - ADR(ASND)10,281,49610,281,49601,774,5862,044,06425.19%+269,478
RHYTHM PHARMACEUTICALS INC(RYTM)5,561,3595,681,359+120,000351,422573,7607.07%+222,338
MINERALYS THERAPEUTICS INC(MLYS)6,147,2807,323,750+1,176,47083,173277,7173.42%+194,544
AVIDITY BIOSCIENCES INC7,266,0318,641,031+1,375,000206,355376,4904.64%+170,134
CIDARA THERAPEUTICS INC3,365,5233,365,5230163,935322,2823.97%+158,348
SIONNA THERAPEUTICS INC(SION)10,445,32210,445,3220181,226307,1973.79%+125,971
NUVALENT INC-A01,246,456+1,246,4560107,7941.33%+107,794
NEWAMSTERDAM PHARMA CO NV
ORDINARY SHARES
10,138,93810,138,9380183,616288,3513.55%+104,735
89BIO INC19,889,68319,889,6830195,317292,3783.60%+97,062
VOR BIOPHARMA INC(VOR)01,982,301+1,982,301096,5781.19%+96,578
PEPGEN INC(PEPG)10,689,54520,064,545+9,375,00011,86592,6981.14%+80,833
LENZ THERAPEUTICS INC(LENZ)4,178,8234,178,8230122,481194,6502.40%+72,168
BELITE BIO INC - ADR(BLTE)0875,000+875,000064,7500.80%+64,750
DIANTHUS THERAPEUTICS INC(DNTH)2,866,7332,866,733053,407112,8061.39%+59,399
SEPTERNA INC(SEPN)6,995,8586,995,858073,946131,5921.62%+57,646
TYRA BIOSCIENCES INC(TYRA)12,198,62512,198,6250116,741170,6592.10%+53,918
ARCELLX INC
COMMON STOCK
3,036,5273,036,5270199,955249,2993.07%+49,344
BICARA THERAPEUTICS INC6,955,9936,955,993064,621109,8351.35%+45,214
VAXCYTE INC(PCVX)11,965,99111,965,9910389,014431,0155.31%+42,001
EDGEWISE THERAPEUTICS INC(EWTX)9,902,63310,428,437+525,804129,824169,1492.08%+39,326
LB PHARMACEUTICALS INC(LBRX)01,776,958+1,776,958028,0580.35%+28,058
ASSEMBLY BIOSCIENCES INC01,020,410+1,020,410026,1220.32%+26,122
CONTINEUM THERAPEUTICS INC-A(CTNM)02,122,000+2,122,000024,9340.31%+24,934
CLIMB BIO INC(CLYM)31,419,26731,419,267038,96063,1530.78%+24,193
FULCRUM THERAPEUTICS INC(FULC)10,229,09910,229,099070,37694,1081.16%+23,732
MONOPAR THERAPEUTICS INC(MNPR)511,207511,207018,29141,7500.51%+23,459
4D MOLECULAR THERAPEUTICS IN4,563,2114,563,211016,93039,6540.49%+22,725
TAYSHA GENE THERAPIES INC(TSHA)23,555,64823,555,648054,41477,0270.95%+22,613
DISC MEDICINE INC(IRON)1,577,1061,577,106083,524104,2151.28%+20,692
INVIVYD INC(IVVD)017,119,096+17,119,096018,8310.23%+18,831
PRIME MEDICINE INC(PRME)03,000,000+3,000,000016,6200.20%+16,620
GH RESEARCH PLC(GHRS)7,676,6977,676,697093,579109,7771.35%+16,198
METSERA INC675,525675,525019,21935,3500.44%+16,132
JANUX THERAPEUTICS INC(JANX)11,189,69311,189,6930258,482273,4763.37%+14,994
WAVE LIFE SCIENCES LTD(WVE)18,202,00918,202,0090118,313133,2391.64%+14,926
ARTIVA BIOTHERAPEUTICS INC(ARTV)9,853,3029,853,302014,87828,2790.35%+13,400
UNIQURE NV(QURE)0200,000+200,000011,6740.14%+11,674
STRUCTURE THERAPEUTICS INC1,517,4181,517,418031,47142,4880.52%+11,016
TRAVERE THERAPEUTICS INC(TVTX)1,150,0001,150,000017,02027,4850.34%+10,465
SAB BIOTHERAPEUTICS INC(SABS)04,401,500+4,401,50008,8470.11%+8,847
INSPIRE MEDICAL SYSTEMS INC(INSP)0114,901+114,90108,5260.11%+8,526
ACUMEN PHARMACEUTICALS INC(ABOS)14,932,06314,932,063017,32125,5340.31%+8,213
SOLID BIOSCIENCES INC5,811,3235,811,423+10028,30135,8560.44%+7,555
TANGO THERAPEUTICS INC(TNGX)2,000,0002,000,000010,24016,8000.21%+6,560
ARCUS BIOSCIENCES INC(RCUS)1,136,3641,136,36409,25015,4550.19%+6,205
WEREWOLF THERAPEUTICS INC(HOWL)6,681,3076,681,30707,28313,1620.16%+5,880
ACRIVON THERAPEUTICS INC8,340,5088,340,50809,92515,0960.19%+5,171
EVOLENT HEALTH INC - A(EVH)0579,052+579,05204,8990.06%+4,899
NKARTA INC(NKTX)10,805,12910,805,129017,93722,3670.28%+4,430
GLAUKOS CORP(GKOS)054,180+54,18004,4180.05%+4,418
AVALO THERAPEUTICS INC(AVTX)932,973662,968-270,0054,6568,4260.10%+3,771
DESIGN THERAPEUTICS INC(DSGN)0475,699+475,69903,5820.04%+3,582
SCHOLAR ROCK HOLDING CORP(SRRK)1,136,4531,166,788+30,33540,25343,4510.54%+3,198
NEWAMSTERDAM PHARMA CO NV-27
*W EXP 99/99/999
333,333333,33302,6675,7030.07%+3,037
EXACT SCIENCES CORP(EXK)054,939+54,93903,0060.04%+3,006
CYTOMX THERAPEUTICS INC(CTMX)2,661,3312,661,33106,0418,4900.10%+2,448
SURROZEN INC(SRZN)602,626602,62605,3877,7650.10%+2,377
PROGYNY INC096,628+96,62802,0790.03%+2,079
LARIMAR THERAPEUTICS INC(LRMR)6,045,3516,045,351017,47119,5260.24%+2,055
ADICET BIO INC7,541,0007,541,00004,6006,1100.08%+1,510
INFLARX NV(IFRX)1,973,2331,973,23301,5592,6440.03%+1,085
GENEDX HOLDINGS CORP(WGS)58,04458,04405,3586,2540.08%+896
PERCEPTIVE CAPITAL SOLUTIONS
CL A ORD SHS
750,000750,00007,9657,9500.10%-15
ELEDON PHARMACEUTICALS INC(ELDN)3,566,3383,566,33809,6659,2370.11%-428
JADE BIOSCIENCES INC1,062,3261,062,326010,6139,1680.11%-1,445
ACADIA HEALTHCARE CO INC(ACHC)89,2620-89,2622,0250—-2,025
GERON CORP(GERN)60,379,36660,379,366085,13582,7201.02%-2,415
PROTARA THERAPEUTIC INC(TARA)1,039,2950-1,039,2953,1490—-3,149
MBX BIOSCIENCES INC(MBX)377,8410-377,8414,3110—-4,311
10X GENOMICS INC-CLASS A(TXG)475,3430-475,3435,5040—-5,504
BETA BIONICS INC(BBNX)500,0000-500,0007,2800—-7,280
OMADA HEALTH INC(OMDA)400,0000-400,0007,3200—-7,320
HINGE HEALTH INC-A(HNGE)300,0000-300,00015,5250—-15,525
ENLIVEN THERAPEUTICS INC848,9860-848,98617,0310—-17,031
TOURMALINE BIO INC2,538,9250-2,538,92540,5970—-40,597
RXSIGHT INC(RXST)3,702,9670-3,702,96748,1390—-48,139
VOR BIOPHARMA INC(VOR)39,646,0390-39,646,03964,2270—-64,227
ARS PHARMACEUTICALS INC(SPRY)10,860,97710,860,9770189,524109,1531.34%-80,371
DYNE THERAPEUTICS INC(DYN)9,714,3920-9,714,39292,4810—-92,481
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RA CAPITAL MANAGEMENT, L.P. — 13F Holdings — Q3 2025 | TickerTrail