Fund HoldingsADAR1 Capital Management, LLC

Total Portfolio Value
$519.71M
Total Bought
$168.74M
Total Sold
$118.47M
Net Transaction
+$50.27M
Filing Period:
Securities
SharesValue ($K)
Q4 2024
Q1 2025
Change
Q4 2024
Q1 2025
Weight (%)
Change
KEROS THERAPEUTICS INC01,486,461+1,486,461015,1472.91%+15,147
SPRINGWORKS THERAPEUTICS INC0207,778+207,77809,1691.76%+9,169
ISHARES TR0103,337+103,33708,5491.64%+8,549
JANUX THERAPEUTICS INC(JANX)(Call)0264,900+264,90007,152+7,152
ZAI LAB LTD(ZLAB)1,045,837940,858-104,97927,39034,0036.54%+6,612
INTRA-CELLULAR THERAPIES INC048,044+48,04406,3381.22%+6,338
PROTAGONIST THERAPEUTICS INC0939,669+939,669045,4428.74%+45,442
SAGE THERAPEUTICS INC0742,495+742,49505,9031.14%+5,903
NOVARTIS AG(NVS)(Put)050,000+50,00005,574+5,574
RAPT THERAPEUTICS INC1,174,3135,970,768+4,796,4551,8557,2841.40%+5,429
AMYLYX PHARMACEUTICALS INC(AMLX)01,471,587+1,471,58705,2091.00%+5,209
TEVA PHARMACEUTICAL INDS LTD(TEVA)146,671523,767+377,0963,2338,0501.55%+4,818
SCHOLAR ROCK HLDG CORP(SRRK)19,505157,079+137,5748435,0500.97%+4,207
SEPTERNA INC(SEPN)0720,848+720,84804,1740.80%+4,174
SOLENO THERAPEUTICS INC(Put)050,000+50,00003,573+3,573
SAREPTA THERAPEUTICS INC(SRPT)40,002122,921+82,9194,8647,8451.51%+2,981
BIOAGE LABS INC(BIOA)123,037971,100+848,0637123,6510.70%+2,939
BRIDGEBIO PHARMA INC00002,7410.53%+2,741
ABIVAX SA(ABVX)1,513,3932,210,019+696,62611,07813,8132.66%+2,735
ASTRIA THERAPEUTICS INC0641,690+641,69003,4270.66%+3,427
JANUX THERAPEUTICS INC(JANX)31,509153,767+122,2581,6874,1520.80%+2,465
AKERO THERAPEUTICS INC071,143+71,14302,8800.55%+2,880
XENON PHARMACEUTICALS INC(XENE)50,547127,548+77,0011,9814,2790.82%+2,298
ARDELYX INC31,035490,743+459,7081572,4100.46%+2,252
DYNAVAX TECHNOLOGIES CORP0170,000+170,00002,2050.42%+2,205
ARVINAS INC0313,354+313,35402,2000.42%+2,200
A SPAC III ACQUISITION CORP
ORD SHS CL A
0215,000+215,00002,1630.42%+2,163
APOGEE THERAPEUTICS INC(APGE)0104,853+104,85303,9170.75%+3,917
SUMMIT THERAPEUTICS INC(SMMT)(Call)0100,000+100,00001,929+1,929
89BIO INC515,138804,220+289,0824,0285,8471.12%+1,818
EA SERIES TRUST
ALPHA ARCH 1-3
325,450337,125+11,67535,89137,5867.23%+1,695
ARBUTUS BIOPHARMA CORP(ABUS)01,879,114+1,879,11406,5581.26%+6,558
CARGO THERAPEUTICS INC0341,515+341,51501,3900.27%+1,390
ORUKA THERAPEUTICS INC(ORKA)0132,780+132,78001,3620.26%+1,362
CHECKPOINT THERAPEUTICS INC0305,800+305,80001,2350.24%+1,235
AEROVATE THERAPEUTICS INC928,0161,461,234+533,2182,4593,6680.71%+1,208
REGENXBIO INC0350,352+350,35202,5050.48%+2,505
CG ONCOLOGY INC(CGON)215,750301,134+85,3846,1887,3751.42%+1,187
TAYSHA GENE THERAPIES INC(TSHA)01,066,309+1,066,30901,4820.29%+1,482
VIR BIOTECHNOLOGY INC(VIR)0250,000+250,00001,6200.31%+1,620
HELIX ACQUISITION CORP II0469,729+469,72905,3081.02%+5,308
VIKING THERAPEUTICS INC(VKTX)059,413+59,41301,4350.28%+1,435
SURGERY PARTNERS INC(SGRY)040,000+40,00009500.18%+950
AGIOS PHARMACEUTICALS INC(AGIO)027,900+27,90008170.16%+817
MONOPAR THERAPEUTICS INC130,037100,774-29,2632,8613,6690.71%+808
SAVARA INC(SVRA)01,360,291+1,360,29103,7680.73%+3,768
VISTAGEN THERAPEUTICS INC0420,765+420,76501,0520.20%+1,052
SPRINGWORKS THERAPEUTICS INC(Call)015,000+15,0000662+662
ARCELLX INC
COMMON STOCK
013,962+13,96209160.18%+916
NATERA INC(NTRA)04,250+4,25006010.12%+601
ZYMEWORKS INC(ZYME)050,000+50,00005960.11%+596
VIRIDIAN THERAPEUTICS INC(VRDN)26,00079,000+53,0004981,0650.20%+567
BIOHAVEN LTD(BHVN)022,641+22,64105440.10%+544
CENTESSA PHARMACEUTICALS PLC154,027216,166+62,1392,5803,1080.60%+529
MADRIGAL PHARMACEUTICALS INC(MDGL)01,490+1,49004940.09%+494
FULCRUM THERAPEUTICS INC196,248490,532+294,2849221,4130.27%+490
VAXCYTE INC(PCVX)012,800+12,80004830.09%+483
ARROWHEAD PHARMACEUTICALS IN(ARWR)056,300+56,30007170.14%+717
BIONTECH SE(BNTX)05,000+5,00004550.09%+455
EDGEWISE THERAPEUTICS INC(EWTX)020,000+20,00004400.08%+440
SPDR SER TR
ST STR BLO 1 ETF
131,786135,585+3,79912,04912,4372.39%+388
PTC THERAPEUTICS INC(PTCT)48,02350,023+2,0002,1682,5490.49%+381
AA MISSION ACQUISITION CORP0578,359+578,35906,0321.16%+6,032
ARGENX SE(ARGX)0600+60003550.07%+355
THIRD HARMONIC BIO INC0100,000+100,00003470.07%+347
INTUITIVE SURGICAL INC0700+70003470.07%+347
BIOMARIN PHARMACEUTICAL INC(BMRN)04,900+4,90003460.07%+346
OAKTREE ACQUISITION CORP III
UNIT 10/04/2029
500,000516,482+16,4825,0655,3921.04%+327
NEUROGENE INC027,925+27,92503270.06%+327
ESTABLISHMENT LABS HLDGS INC(ESTA)08,000+8,00003260.06%+326
DYNE THERAPEUTICS INC(DYN)030,099+30,09903150.06%+315
NORDSTROM INC012,000+12,00002930.06%+293
CELLDEX THERAPEUTICS INC NEW(CLDX)014,600+14,60002650.05%+265
SPYRE THERAPEUTICS INC(SYRE)015,033+15,03302430.05%+243
TENAX THERAPEUTICS INC068,741+68,74104500.09%+450
ANTERIS TECHNOLOGIES GLOBAL1,052,9681,678,063+625,0955,8766,1081.18%+233
RHYTHM PHARMACEUTICALS INC(RYTM)30,94136,890+5,9491,7321,9540.38%+222
RENOVORX INC0479,883+479,88304750.09%+475
STOKE THERAPEUTICS INC(STOK)030,085+30,08502000.04%+200
COLOMBIER ACQUISITION CORP I018,513+18,51301970.04%+197
KALA BIO INC0298,955+298,95501,7130.33%+1,713
BRIDGEBIO PHARMA INC(BBIO)0002,1042,2820.44%+178
BRIDGEBIO PHARMA INC(BBIO)0003,8614,0340.78%+173
BIOMX INC0299,598+299,59801660.03%+166
KURA ONCOLOGY INC(KURA)025,000+25,00001650.03%+165
BIOGEN INC(BIIB)04,500+4,50006160.12%+616
IMMUNOME INC(IMNM)020,000+20,00001350.03%+135
VYNE THERAPEUTICS INC070,419+70,41901110.02%+111
PFIZER INC(PFE)041,050+41,05001,0400.20%+1,040
KALVISTA PHARMACEUTICALS INC35,84335,743-1003044120.08%+109
ENGENE HOLDINGS INC
COM
023,799+23,79901070.02%+107
DELCATH SYS INC149,385149,38501,7991,9020.37%+103
SHATTUCK LABS INC0102,156+102,1560970.02%+97
UPSTREAM BIO INC015,000+15,0000920.02%+92
PERCEPTIVE CAP SOLUTIONS COR
CL A ORD SHS
750,000750,00007,6357,7251.49%+90
AVALO THERAPEUTICS INC(AVTX)010,000+10,0000800.02%+80
ACHIEVE LIFE SCIENCES INC043,173+43,17301150.02%+115
CLIMB BIO INC0119,320+119,32001460.03%+146
TANGO THERAPEUTICS INC(TNGX)041,346+41,3460570.01%+57
VENTYX BIOSCIENCES INC124,530281,600+157,0702733240.06%+51
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