Fund Holdings

SILVERARC CAPITAL MANAGEMENT, LLC

Filing Period:
Securities
SharesValue ($K)
Q2 2025
Q3 2025
Change
Q2 2025
Q3 2025
Weight (%)
Change
ABIVAX SA(ABVX)0539,704+539,704045,820,8706.63%+45,820,870
AVIDITY BIOSCIENCES INC410,000844,633+434,63311,644,00036,800,6605.33%+25,156,660
UNITED THERAPEUTICS CORP DEL(Put)059,900+59,900025,110,679+25,110,679
DIANTHUS THERAPEUTICS INC(DNTH)95,806674,966+579,1601,784,86626,559,9123.85%+24,775,046
UNIQURE NV(QURE)202,565455,000+252,4352,823,75626,558,3503.84%+23,734,594
FRACTYL HEALTH INC202,59010,600,000+10,397,410328,19616,854,0002.44%+16,525,804
CIDARA THERAPEUTICS INC103,943220,902+116,9595,063,06421,153,5763.06%+16,090,512
ULTRAGENYX PHARMACEUTICAL IN(Call)0528,200+528,200015,888,256+15,888,256
KODIAK SCIENCES INC(KOD)401,5401,000,000+598,4601,497,74416,370,0002.37%+14,872,256
NUVALENT INC(NUVL)235,583372,300+136,71717,974,98332,196,5044.66%+14,221,521
RHYTHM PHARMACEUTICALS INC(RYTM)400,772369,996-30,77625,324,78337,365,8965.41%+12,041,113
COGENT BIOSCIENCES INC(COGT)0815,075+815,075011,704,4771.69%+11,704,477
CG ONCOLOGY INC(CGON)541,034638,346+97,31214,066,88425,712,5773.72%+11,645,693
CYTOKINETICS INC(CYTK)0211,000+211,000011,596,5601.68%+11,596,560
BIOGEN INC(BIIB)080,419+80,419011,265,0941.63%+11,265,094
AMYLYX PHARMACEUTICALS INC(AMLX)0700,000+700,00009,513,0001.38%+9,513,000
VERASTEM INC01,042,757+1,042,75709,207,5441.33%+9,207,544
AVALO THERAPEUTICS INC(AVTX)0720,922+720,92209,162,9191.33%+9,162,919
OLEMA PHARMACEUTICALS INC(OLMA)0933,541+933,54109,139,3661.32%+9,139,366
COMPASS THERAPEUTICS INC1,249,7812,833,988+1,584,2073,249,4319,918,9581.44%+6,669,527
GOSSAMER BIO INC5,146,7824,779,082-367,7006,330,54212,568,9861.82%+6,238,444
RAPPORT THERAPEUTICS INC(RAPP)0203,946+203,94606,057,1960.88%+6,057,196
VIRIDIAN THERAPEUTICS INC(VRDN)0259,509+259,50905,600,2040.81%+5,600,204
ALKERMES PLC(ALKS)0180,513+180,51305,415,3900.78%+5,415,390
BRIDGEBIO ONCOLOGY THERAPEUT0457,414+457,41405,296,8540.77%+5,296,854
LEXEO THERAPEUTICS INC0778,611+778,61105,169,9770.75%+5,169,977
COGENT BIOSCIENCES INC(COGT)(Call)0360,000+360,00005,169,600+5,169,600
MONTE ROSA THERAPEUTICS INC(GLUE)0694,942+694,94205,149,5200.75%+5,149,520
ORIC PHARMACEUTICALS INC(ORIC)1,800,8291,948,808+147,97918,278,41423,385,6963.39%+5,107,282
CELLDEX THERAPEUTICS INC NEW(CLDX)198,441348,922+150,4814,038,2749,026,6121.31%+4,988,338
INSMED INC(INSM)249,060206,648-42,41225,065,39829,759,3784.31%+4,693,980
PHARVARIS N V0183,903+183,90304,588,3800.66%+4,588,380
CELCUITY INC(CELC)088,686+88,68604,381,0880.63%+4,381,088
C4 THERAPEUTICS INC01,897,383+1,897,38304,212,1900.61%+4,212,190
BICARA THERAPEUTICS INC0250,606+250,60603,957,0690.57%+3,957,069
UROGEN PHARMA LTD(URGN)2,022,4821,577,283-445,19927,708,00331,466,7964.56%+3,758,793
SYNDAX PHARMACEUTICALS INC(SNDX)402,964463,708+60,7443,773,7587,134,1481.03%+3,360,390
CENTESSA PHARMACEUTICALS PLC5,000141,238+136,23865,7003,425,0220.50%+3,359,322
EYEPOINT PHARMACEUTICALS INC(EYPT)0230,837+230,83703,287,1190.48%+3,287,119
ZURA BIO LTD0720,452+720,45203,119,5570.45%+3,119,557
TREVI THERAPEUTICS INC(TRVI)539,587588,789+49,2022,951,5415,387,4190.78%+2,435,878
PRAXIS PRECISION MEDICINES I(PRAX)10,00051,210+41,210420,5002,714,1300.39%+2,293,630
CRINETICS PHARMACEUTICALS IN(CRNX)050,000+50,00002,082,5000.30%+2,082,500
VAXCYTE INC(PCVX)287,796314,339+26,5439,356,24811,322,4911.64%+1,966,243
CAMP4 THERAPEUTICS CORP0653,594+653,59401,960,7820.28%+1,960,782
CONTINEUM THERAPEUTICS INC0166,161+166,16101,952,3920.28%+1,952,392
MINERALYS THERAPEUTICS INC(MLYS)115,28280,000-35,2821,559,7653,033,6000.44%+1,473,835
KINIKSA PHARMACEUTICALS INTL(KNSA)75,95988,910+12,9512,101,7863,452,3750.50%+1,350,589
DYNE THERAPEUTICS INC(DYN)0100,000+100,00001,265,0000.18%+1,265,000
LB PHARMACEUTICALS INC(LBRX)070,000+70,00001,105,3000.16%+1,105,300
MERSANA THERAPEUTICS INC0133,636+133,63601,037,0150.15%+1,037,015
BENITEC BIOPHARMA INC253,234276,267+23,0332,962,8383,876,0260.56%+913,188
ATYR PHARMA INC(Put)01,250,000+1,250,0000901,250+901,250
CERUS CORP2,488,2912,715,786+227,4953,508,4904,318,1000.63%+809,610
IMMUNOVANT INC(IMVT)050,000+50,0000806,0000.12%+806,000
DELCATH SYS INC103,026203,386+100,3601,401,1542,186,4000.32%+785,246
ARCTURUS THERAPEUTICS HLDGS(Put)042,000+42,0000774,060+774,060
ULTRAGENYX PHARMACEUTICAL IN(Put)025,000+25,0000752,000+752,000
MOONLAKE IMMUNOTHERAPEUTICS(MLTX)(Call)065,000+65,0000466,050+466,050
BIODESIX INC049,607+49,6070374,5330.05%+374,533
SYNDAX PHARMACEUTICALS INC(SNDX)(Call)50,00050,0000468,000769,500+301,500
MBX BIOSCIENCES INC(MBX)015,000+15,0000262,5000.04%+262,500
AARDVARK THERAPEUTICS INC286,807306,912+20,1053,877,6314,078,8610.59%+201,230
RADIOPHARM THERANOSTICS LTD187,406187,4060869,5641,034,4810.15%+164,917
ARCTURUS THERAPEUTICS HLDGS03,445+3,445063,4910.01%+63,491
ABEONA THERAPEUTICS INC917,898994,754+76,8565,213,6615,252,3010.76%+38,640
ENLIVEN THERAPEUTICS INC10,00010,675+675200,600218,5170.03%+17,917
NEKTAR THERAPEUTICS(NKTR)346365+198,94120,7690.00%+11,828
ROCKET PHARMACEUTICALS INC104,828104,82803,0194,1090.00%+1,090
SIONNA THERAPEUTICS INC(SION)186,015108,801-77,2143,227,3603,199,8370.46%-27,523
MODULAR MED INC710,363639,531-70,832529,220447,5440.06%-81,676
ERASCA INC(ERAS)2,569,5911,368,075-1,201,5163,263,3812,982,4040.43%-280,977
SAGIMET BIOSCIENCES INC37,5390-37,539286,0470-286,047
BIODESIX INC1,070,3670-1,070,367302,0580-302,058
CAPRICOR THERAPEUTICS INC(CAPR)(Put)144,700144,70001,436,8711,043,287-393,584
COMPUGEN LTD3,033,8793,311,165+277,2865,400,3054,867,4130.70%-532,892
MERSANA THERAPEUTICS INC3,128,4210-3,128,421926,0130-926,013
TELA BIO INC2,779,7952,782,923+3,1285,392,8024,146,5550.60%-1,246,247
AKERO THERAPEUTICS INC(Call)25,0000-25,0001,334,0000-1,334,000
TOURMALINE BIO INC109,2570-109,2571,747,0190-1,747,019
ORUKA THERAPEUTICS INC(ORKA)165,3890-165,3891,854,0110-1,854,011
HIMS & HERS HEALTH INC(HIMS)(Put)50,0000-50,0002,492,5000-2,492,500
ELUTIA INC2,761,6842,850,987+89,3035,468,1342,537,9490.37%-2,930,185
SCHOLAR ROCK HLDG CORP(SRRK)341,010233,920-107,09012,078,5748,711,1811.26%-3,367,393
COGENT COMMUNICATIONS HLDGS(Call)500,0000-500,0003,590,0000-3,590,000
STRUCTURE THERAPEUTICS INC175,6360-175,6363,642,6910-3,642,691
MOONLAKE IMMUNOTHERAPEUTICS(MLTX)82,02330,000-52,0233,871,486215,1000.03%-3,656,386
VERACYTE INC(VCYT)448,495235,791-212,70412,122,8208,094,7051.17%-4,028,115
KALVISTA PHARMACEUTICALS INC1,832,1711,363,378-468,79320,712,69316,605,9442.40%-4,106,749
ASCENDIS PHARMA A/S(ASND)86,55253,554-32,99814,938,87510,647,0711.54%-4,291,804
METSERA INC207,5810-207,5815,905,6790-5,905,679
HELIX ACQUISITION CORP II613,3930-613,3936,514,2340-6,514,234
AKERO THERAPEUTICS INC713,811643,636-70,17538,088,95530,559,8374.42%-7,529,118
NUVALENT INC(NUVL)(Call)100,2000-100,2007,645,2600-7,645,260
PFIZER INC(PFE)344,3380-344,3388,346,7530-8,346,753
SPDR SERIES TRUST(Call)200,0000-200,00016,586,0000-16,586,000
SOLENO THERAPEUTICS INC204,5910-204,59117,140,6340-17,140,634
89BIO INC2,037,0870-2,037,08720,004,1940-20,004,194
MERUS N V(Call)382,5000-382,50020,119,5000-20,119,500
NEUROCRINE BIOSCIENCES INC(NBIX)162,9690-162,96920,483,5740-20,483,574
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