Securities ▲▼ | Shares | Value ($K) | |||||
|---|---|---|---|---|---|---|---|
Q4 2025 ▲▼ | Q1 2026 ▲▼ | Change ▲▼ | Q4 2025 ▲▼ | Q1 2026 ▲▼ | Weight (%) ▲▼ | Change ▲▼ | |
| TERNS PHARMACEUTICALS INC(Put) | 0 | 1,200,000 | +1,200,000 | 0 | 63,264 | — | +63,264 |
| INVESCO QQQ TR(Put) | 0 | 100,000 | +100,000 | 0 | 57,718 | — | +57,718 |
| ISHARES TR(Put) | 0 | 200,000 | +200,000 | 0 | 49,600 | — | +49,600 |
| CYTOKINETICS INC(CYTK)(Put) | 0 | 550,500 | +550,500 | 0 | 36,283 | — | +36,283 |
| BRISTOL-MYERS SQUIBB CO(BMY)(Put) | 0 | 500,000 | +500,000 | 0 | 30,325 | — | +30,325 |
| KODIAK SCIENCES INC(KOD) | 719,787 | 1,265,795 | +546,008 | 20,125 | 48,252 | 6.90% | +28,127 |
| ALUMIS INC | 0 | 1,213,548 | +1,213,548 | 0 | 26,734 | 3.82% | +26,734 |
| ABIVAX SA(ABVX)(Call) | 125,100 | 293,300 | +168,200 | 16,870 | 32,659 | — | +15,789 |
| NOVO-NORDISK A S(NVO)(Call) | 0 | 400,000 | +400,000 | 0 | 14,700 | — | +14,700 |
| CELLDEX THERAPEUTICS INC NEW(CLDX) | 0 | 461,247 | +461,247 | 0 | 14,631 | 2.09% | +14,631 |
| TERNS PHARMACEUTICALS INC | 1,596,378 | 1,456,378 | -140,000 | 64,494 | 76,780 | 10.98% | +12,287 |
| BRIDGEBIO PHARMA INC(BBIO) | 0 | 160,120 | +160,120 | 0 | 11,891 | 1.70% | +11,891 |
| ORUKA THERAPEUTICS INC(ORKA) | 0 | 242,021 | +242,021 | 0 | 11,871 | 1.70% | +11,871 |
| ANI PHARMACEUTICALS INC(ANIP) | 0 | 147,085 | +147,085 | 0 | 11,311 | 1.62% | +11,311 |
| CAPRICOR THERAPEUTICS INC(CAPR)(Call) | 0 | 350,000 | +350,000 | 0 | 10,640 | — | +10,640 |
| HARROW INC(HROW) | 183,347 | 543,047 | +359,700 | 8,984 | 19,148 | 2.74% | +10,164 |
| ULTRAGENYX PHARMACEUTICAL IN(RARE) | 0 | 482,571 | +482,571 | 0 | 10,110 | 1.45% | +10,110 |
| REVOLUTION MEDICINES INC(RVMD)(Put) | 0 | 95,000 | +95,000 | 0 | 9,239 | — | +9,239 |
| CYTOKINETICS INC(CYTK)(Call) | 290,900 | 408,400 | +117,500 | 18,484 | 26,918 | — | +8,434 |
| SOLENO THERAPEUTICS INC | 0 | 344,123 | +344,123 | 0 | 11,521 | 1.65% | +11,521 |
| PALVELLA THERAPEUTICS INC NE(PVLA) | 0 | 64,626 | +64,626 | 0 | 8,056 | 1.15% | +8,056 |
| VERA THERAPEUTICS INC(VERA) | 0 | 200,000 | +200,000 | 0 | 8,046 | 1.15% | +8,046 |
| CYTOKINETICS INC(CYTK) | 0 | 283,572 | +283,572 | 0 | 18,690 | 2.67% | +18,690 |
| VAXCYTE INC(PCVX) | 378,682 | 428,682 | +50,000 | 17,472 | 24,911 | 3.56% | +7,438 |
| CONTINEUM THERAPEUTICS INC | 282,874 | 807,874 | +525,000 | 3,233 | 10,551 | 1.51% | +7,318 |
| OCUGEN INC | 0 | 3,962,972 | +3,962,972 | 0 | 7,173 | 1.03% | +7,173 |
| OVID THERAPEUTICS INC | 0 | 2,894,704 | +2,894,704 | 0 | 6,426 | 0.92% | +6,426 |
| ALUMIS INC(Call) | 0 | 264,600 | +264,600 | 0 | 5,829 | — | +5,829 |
| INVENTIVA SA(IVA) | 502,601 | 1,429,101 | +926,500 | 2,329 | 7,843 | 1.12% | +5,514 |
| KARYOPHARM THERAPEUTICS INC(Call) | 0 | 920,000 | +920,000 | 0 | 5,124 | — | +5,124 |
| KARYOPHARM THERAPEUTICS INC(Put) | 0 | 920,000 | +920,000 | 0 | 5,124 | — | +5,124 |
| ANI PHARMACEUTICALS INC(ANIP)(Call) | 82,800 | 150,000 | +67,200 | 6,536 | 11,535 | — | +4,999 |
| AVALO THERAPEUTICS INC(AVTX)(Call) | 58,100 | 401,500 | +343,400 | 1,055 | 5,994 | — | +4,939 |
| TECTONIC THERAPEUTIC INC | 0 | 157,537 | +157,537 | 0 | 4,869 | 0.70% | +4,869 |
| REVOLUTION MEDICINES INC(RVMD) | 138,142 | 163,142 | +25,000 | 11,003 | 15,866 | 2.27% | +4,863 |
| EYEPOINT INC(EYPT)(Call) | 0 | 370,400 | +370,400 | 0 | 4,774 | — | +4,774 |
| EYEPOINT INC(EYPT)(Put) | 0 | 370,400 | +370,400 | 0 | 4,774 | — | +4,774 |
| TENAX THERAPEUTICS INC | 967,600 | 1,017,600 | +50,000 | 11,795 | 16,271 | 2.33% | +4,476 |
| BRIDGEBIO PHARMA INC(BBIO)(Call) | 0 | 58,500 | +58,500 | 0 | 4,344 | — | +4,344 |
| KYMERA THERAPEUTICS INC(KYMR)(Put) | 0 | 50,400 | +50,400 | 0 | 4,198 | — | +4,198 |
| EUPRAXIA PHARMACEUTICALS INC | 610,000 | 1,214,741 | +604,741 | 4,606 | 8,795 | 1.26% | +4,189 |
| RELMADA THERAPEUTICS INC | 3,068,359 | 2,688,359 | -380,000 | 14,820 | 18,711 | 2.68% | +3,891 |
| KODIAK SCIENCES INC(KOD)(Call) | 0 | 100,000 | +100,000 | 0 | 3,812 | — | +3,812 |
| CARDIOL THERAPEUTICS INC | 0 | 2,725,000 | +2,725,000 | 0 | 3,679 | 0.53% | +3,679 |
| CELLDEX THERAPEUTICS INC NEW(CLDX)(Put) | 0 | 114,000 | +114,000 | 0 | 3,616 | — | +3,616 |
| ARROWHEAD PHARMACEUTICALS IN(ARWR)(Put) | 0 | 57,500 | +57,500 | 0 | 3,605 | — | +3,605 |
| SURROZEN INC | 65,788 | 173,107 | +107,319 | 1,487 | 5,043 | 0.72% | +3,556 |
| UNIQURE NV(QURE)(Call) | 0 | 355,000 | +355,000 | 0 | 5,804 | — | +5,804 |
| ENLIVEN THERAPEUTICS INC(Put) | 0 | 83,700 | +83,700 | 0 | 3,281 | — | +3,281 |
| OLEMA PHARMACEUTICALS INC(OLMA)(Call) | 200,000 | 549,800 | +349,800 | 5,000 | 8,198 | — | +3,198 |
| ZURA BIO LTD | 0 | 1,193,492 | +1,193,492 | 0 | 7,101 | 1.02% | +7,101 |
| VERA THERAPEUTICS INC(VERA)(Call) | 0 | 71,700 | +71,700 | 0 | 2,884 | — | +2,884 |
| JADE BIOSCIENCES INC | 300,000 | 512,349 | +212,349 | 4,629 | 7,199 | 1.03% | +2,570 |
| LIPOCINE INC NEW | 199,542 | 508,556 | +309,014 | 1,602 | 4,063 | 0.58% | +2,461 |
| ALTO NEUROSCIENCE INC(ANRO) | 515,000 | 515,000 | 0 | 9,167 | 11,577 | 1.66% | +2,410 |
| AVALO THERAPEUTICS INC(AVTX)(Put) | 0 | 158,500 | +158,500 | 0 | 2,366 | — | +2,366 |
| REPLIMUNE GROUP INC(REPL)(Put) | 0 | 300,000 | +300,000 | 0 | 2,295 | — | +2,295 |
| DAMORA THERAPEUTICS INC(DMRA) | 285,710 | 335,710 | +50,000 | 6,574 | 8,695 | 1.24% | +2,121 |
| ANNEXON INC(ANNX) | 230,244 | 580,244 | +350,000 | 1,156 | 3,215 | 0.46% | +2,059 |
| ANTERIS TECHNOLOGIES GLOBAL | 0 | 366,571 | +366,571 | 0 | 2,034 | 0.29% | +2,034 |
| ACUMEN PHARMACEUTICALS INC | 0 | 1,053,797 | +1,053,797 | 0 | 2,487 | 0.36% | +2,487 |
| TENAX THERAPEUTICS INC(Call) | 0 | 114,300 | +114,300 | 0 | 1,828 | — | +1,828 |
| ALECTOR INC | 2,082,606 | 2,082,606 | 0 | 3,249 | 4,478 | 0.64% | +1,229 |
| DEFINIUM THERAPEUTICS INC(DFTX) | 0 | 58,803 | +58,803 | 0 | 1,111 | 0.16% | +1,111 |
| BIOHAVEN LTD(BHVN) | 212,481 | 412,481 | +200,000 | 2,399 | 3,490 | 0.50% | +1,091 |
| SOLID BIOSCIENCES INC | 0 | 264,409 | +264,409 | 0 | 1,904 | 0.27% | +1,904 |
| COMPASS PATHWAYS PLC(CMPS) | 400,000 | 675,000 | +275,000 | 2,760 | 3,733 | 0.53% | +973 |
| IONIS PHARMACEUTICALS INC(IONS)(Call) | 94,600 | 112,100 | +17,500 | 7,484 | 8,418 | — | +934 |
| DIREXION SHARES ETF TRUST DAI BIO BEA ETF | 0 | 105,822 | +105,822 | 0 | 1,725 | 0.25% | +1,725 |
| CENTESSA PHARMACEUTICALS PLC | 0 | 18,113 | +18,113 | 0 | 719 | 0.10% | +719 |
| PROMIS NEUROSCIENCES INC | 0 | 55,000 | +55,000 | 0 | 699 | 0.10% | +699 |
| ACADIA PHARMACEUTICALS INC | 0 | 28,099 | +28,099 | 0 | 625 | 0.09% | +625 |
| PASSAGE BIO INC | 0 | 68,124 | +68,124 | 0 | 535 | 0.08% | +535 |
| TRAWS PHARMA INC | 678,142 | 678,142 | 0 | 766 | 1,241 | 0.18% | +475 |
| CABALETTA BIO INC | 900,000 | 900,000 | 0 | 1,971 | 2,421 | 0.35% | +450 |
| MAZE THERAPEUTICS INC(MAZE)(Put) | 0 | 14,400 | +14,400 | 0 | 430 | — | +430 |
| IMMUNIC INC | 0 | 674,662 | +674,662 | 0 | 749 | 0.11% | +749 |
| PHARVARIS N V COM | 486,856 | 486,856 | 0 | 13,510 | 13,754 | 1.97% | +243 |
| ADLAI NORTYE LTD | 0 | 33,899 | +33,899 | 0 | 235 | 0.03% | +235 |
| NEUMORA THERAPEUTICS INC. | 1,278,408 | 1,278,408 | 0 | 2,288 | 2,493 | 0.36% | +205 |
| KALVISTA PHARMACEUTICALS INC | 35,119 | 35,119 | 0 | 567 | 707 | 0.10% | +140 |
| EQUILLIUM INC | 0 | 303,555 | +303,555 | 0 | 607 | 0.09% | +607 |
| KEZAR LIFE SCIENCES INC COM NEW | 0 | 102,211 | +102,211 | 0 | 758 | 0.11% | +758 |
| DBV TECHNOLOGIES S A | 525,000 | 525,000 | 0 | 2,084 | 2,199 | 0.31% | +115 |
| MACROGENICS INC | 0 | 74,893 | +74,893 | 0 | 216 | 0.03% | +216 |
| KARYOPHARM THERAPEUTICS INC | 544,554 | 733,435 | +188,881 | 4,008 | 4,085 | 0.58% | +77 |
| LEXICON PHARMACEUTICALS INC(LXRX) | 0 | 164,674 | +164,674 | 0 | 257 | 0.04% | +257 |
| NEURONETICS INC | 0 | 701,182 | +701,182 | 0 | 1,017 | 0.15% | +1,017 |
| HYPERLIQUID STRATEGIES INC(PURR) | 0 | 30,001 | +30,001 | 0 | 153 | 0.02% | +153 |
| BIOMX INC | 0 | 19,473 | +19,473 | 0 | 73 | 0.01% | +73 |
| AIRSCULPT TECHNOLOGIES INC | 0 | 16,398 | +16,398 | 0 | 46 | 0.01% | +46 |
| REZOLUTE INC | 0 | 16,479 | +16,479 | 0 | 50 | 0.01% | +50 |
| VERU INC | 0 | 133,517 | +133,517 | 0 | 295 | 0.04% | +295 |
| NEUPHORIA THERAPEUTICS INC | 0 | 47,443 | +47,443 | 0 | 193 | 0.03% | +193 |
| VYNE THERAPEUTICS INC | 0 | 264,912 | +264,912 | 0 | 158 | 0.02% | +158 |
| SILENCE THERAPEUTICS PLC | 0 | 865,784 | +865,784 | 0 | 1,732 | 0.25% | +1,732 |
| PMV PHARMACEUTICALS INC | 0 | 89,136 | +89,136 | 0 | 111 | 0.02% | +111 |
| THERIVA BIOLOGICS INC | 0 | 112,076 | +112,076 | 0 | 22 | 0.00% | +22 |
| AUTONOMIX MED INC | 0 | 18,688 | +18,688 | 0 | 7 | 0.00% | +7 |
| VOYAGER THERAPEUTICS INC | 0 | 53,063 | +53,063 | 0 | 205 | 0.03% | +205 |