Location: Bend, OR
CIK: 0001440771 · Show all filings
Period: Q4 2025 (← Previous) (Next →)
Filing Date: Feb 13, 2026
Total Value: $137M (100.0% shares, 0.0% debt)
| Ticker | Issuer | Shares | Value | % | Share Price | Est. Cost/Share | Unrealized @ Report Date | Class | CUSIP |
|---|---|---|---|---|---|---|---|---|---|
| VSTM | VERASTEM INC | 2,732,079 | $21.09M | 15.4% | $7.72 * | $6.09 | +46.3% | COM NEW | 92337C203 |
| ADMA | ADMA BIOLOGICS INC | 740,000 | $13.5M | 9.9% | $18.24 * | $2.26 | +644.4% | COM | 000899104 |
| EOLS | EVOLUS INC | 1,631,588 | $10.85M | 7.9% | $6.65 | $8.22 | -17.6% | COM | 30052C107 |
| ZVRA | ZEVRA THERAPEUTICS INC | 569,088 | $5.099M | 3.7% | $8.96 * | $7.20 | +31.4% | COM NEW | 488445206 |
| IKT | INHIBIKASE THERAPEUTICS INC | 2,348,147 | $4.814M | 3.5% | $2.05 * | $1.87 | -15.1% | COM NEW | 45719W205 |
| ABEO | ABEONA THERAPEUTICS INC | 709,505 | $3.739M | 2.7% | $5.27 * | $5.82 | -13.6% | COM NEW | 00289Y206 |
| NKTR | NEKTAR THERAPEUTICS | 85,000 | $3.594M | 2.6% | $42.28 * | $20.19 | +177.2% | COM NEW | 640268306 |
| — | INDIVIOR PLC | 100,000 | $3.588M | 2.6% | $35.88 | $10.67 | — | ORD | G4766E116 |
| CRBP | CORBUS PHARMACEUTICALS HLDGS | 389,916 | $3.174M | 2.3% | $8.14 * | $12.34 | 0.0% | COM NEW | 21833P301 |
| KZIA | KAZIA THERAPEUTICS LTD | 460,359 | $3.172M | 2.3% | $6.89 | $6.89 | — | SPONSORED ADS | 48669G303 |
| XOMA | XOMA ROYALTY CORPORATION | 115,000 | $3.058M | 2.2% | $26.59 * | $20.48 | +57.2% | COM NEW | 98419J206 |
| VRCA | VERRICA PHARMACEUTICALS INC | 353,669 | $2.939M | 2.1% | $8.31 * | $5.54 | 0.0% | COM SHS | 92511W207 |
| HELP | CYBIN INC | 339,902 | $2.78M | 2.0% | $8.18 * | $6.44 | 0.0% | COM NEW | 23256X407 |
| TELA | TELA BIO INC | 2,352,032 | $2.775M | 2.0% | $1.18 * | $4.03 | -68.6% | COM | 872381108 |
| ACAD | ACADIA PHARMACEUTICALS INC | 100,000 | $2.671M | 2.0% | $26.71 * | $17.77 | +34.5% | COM | 004225108 |
| CRSP | CRISPR THERAPEUTICS AG | 50,000 | $2.622M | 1.9% | $52.44 | — | — | Call | H17182108 |
| SRZN | SURROZEN INC | 113,631 | $2.568M | 1.9% | $22.60 * | $10.69 | +51.4% | COM NEW | 86889P208 |
| ARE | ALEXANDRIA REAL ESTATE EQ IN | 50,000 | $2.447M | 1.8% | $48.94 | — | — | Call | 015271109 |
| XFOR | X4 PHARMACEUTICALS INC | 593,573 | $2.374M | 1.7% | $4.00 * | $2.58 | +40.9% | COM NEW | 98420X202 |
| RARE | ULTRAGENYX PHARMACEUTICAL IN | 100,000 | $2.3M | 1.7% | $23.00 * | $29.99 | +9.7% | Call | 90400D108 |
| AYTU | AYTU BIOPHARMA INC | 813,704 | $2.116M | 1.5% | $2.60 * | $1.82 | +23.4% | COM | 054754858 |
| NKTR | NEKTAR THERAPEUTICS | 50,000 | $2.114M | 1.5% | $42.28 * | $20.19 | +177.2% | Call | 640268306 |
| DAWN | DAY ONE BIOPHARMACEUTICALS I | 200,000 | $1.864M | 1.4% | $9.32 * | $10.23 | -18.3% | COM | 23954D109 |
| ACET | ADICET BIO INC | 220,011 | $1.852M | 1.4% | $8.42 * | $11.05 | 0.0% | COM NEW | 007002207 |
| SPRB | SPRUCE BIOSCIENCES INC | 19,742 | $1.72M | 1.3% | $87.11 * | $107.14 | 0.0% | COM NEW | 85209E208 |
| HRTX | HERON THERAPEUTICS INC | 1,237,802 | $1.609M | 1.2% | $1.30 * | $1.51 | -18.5% | COM | 427746102 |
| ENTA | ENANTA PHARMACEUTICALS INC | 100,000 | $1.577M | 1.2% | $15.77 * | $8.05 | +57.8% | COM | 29251M106 |
| PMVP | PMV PHARMACEUTICALS INC | 1,150,759 | $1.438M | 1.1% | $1.25 * | $1.40 | -4.1% | COM | 69353Y103 |
| CAMP | CAMP4 THERAPEUTICS CORP | 228,894 | $1.403M | 1.0% | $6.13 * | $4.25 | 0.0% | COM | 13463J101 |
| ELDN | ELEDON PHARMACEUTICALS INC | 893,100 | $1.349M | 1.0% | $1.51 * | $2.38 | 0.0% | COM | 28617K101 |
| MIST | MILESTONE PHARMACEUTICALS IN | 662,666 | $1.339M | 1.0% | $2.02 * | $2.15 | 0.0% | COM | 59935V107 |
| OABI | OMNIAB INC | 701,000 | $1.297M | 0.9% | $1.85 * | $1.83 | -4.9% | COM | 68218J103 |
| QNRX | QUOIN PHARMACEUTICALS LTD | 78,189 | $1.128M | 0.8% | $14.43 | $14.43 | — | SPONSORED ADS | 74907L409 |
| LUNG | PULMONX CORP | 486,400 | $1.075M | 0.8% | $2.21 * | $2.50 | -24.7% | COM | 745848101 |
| GERN | GERON CORP | 805,800 | $1.064M | 0.8% | $1.32 * | $1.70 | -26.3% | COM | 374163103 |
| ABEO | ABEONA THERAPEUTICS INC | 200,000 | $1.054M | 0.8% | $5.27 * | $5.82 | -13.6% | Call | 00289Y206 |
| CBIO | CRESCENT BIOPHARMA INC. | 87,682 | $1.04M | 0.8% | $11.86 * | $12.74 | 0.0% | COM | G2545C104 |
| KZR | KEZAR LIFE SCIENCES INC | 156,179 | $982K | 0.7% | $6.29 * | $5.01 | +16.5% | COM NEW | 49372L209 |
| EDSA | EDESA BIOTECH INC | 687,500 | $976K | 0.7% | $1.42 * | $2.31 | -15.3% | COM NEW | 27966L306 |
| BOLD | BOUNDLESS BIO INC | 710,071 | $852K | 0.6% | $1.20 | $1.22 | +2.3% | COM | 10170A100 |
| RADX | RADIOPHARM THERANOSTICS LTD | 51,000,000 | $851K | 0.6% | $0.02 | $0.02 | — | SPONSORED ADS | 75041J101 |
| SMLR | SEMLER SCIENTIFIC INC | 50,000 | $765K | 0.6% | $15.29 * | $22.69 | 0.0% | COM | 81684M104 |
| MXCT | MAXCYTE INC | 469,018 | $727K | 0.5% | $1.55 | $1.73 | -7.9% | COM | 57777K106 |
| ANTX | AN2 THERAPEUTICS INC | 627,668 | $716K | 0.5% | $1.14 | $1.19 | -1.7% | COM | 037326105 |
| GOSS | GOSSAMER BIO INC | 204,770 | $635K | 0.5% | $3.10 * | $2.20 | +29.5% | COM | 38341P102 |
| ZNTL | ZENTALIS PHARMACEUTICALS INC | 463,700 | $626K | 0.5% | $1.35 * | $1.56 | -7.0% | COM | 98943L107 |
| BIOA | BIOAGE LABS INC | 45,000 | $595K | 0.4% | $13.23 * | $4.32 | +105.3% | COM | 09077V100 |
| MNKD | MANNKIND CORP | 86,359 | $490K | 0.4% | $5.67 * | $4.39 | +25.5% | COM NEW | 56400P706 |
| CGEN | COMPUGEN LTD | 305,400 | $467K | 0.3% | $1.53 * | $1.66 | 0.0% | ORD | M25722105 |
| CDXS | CODEXIS INC | 256,106 | $417K | 0.3% | $1.63 * | $2.28 | -10.4% | COM | 192005106 |
| INAB | IN8BIO INC | 164,893 | $386K | 0.3% | $2.34 * | $3.12 | -39.1% | COM NEW | 45674E208 |
| FENC | FENNEC PHARMACEUTICALS INC | 50,000 | $385K | 0.3% | $7.70 * | $8.21 | 0.0% | COM | 31447P100 |
| CABA | CABALETTA BIO INC | 171,100 | $375K | 0.3% | $2.19 * | $2.48 | 0.0% | COM | 12674W109 |
| KTTA | PASITHEA THERAPEUTICS CORP | 275,062 | $355K | 0.3% | $1.29 * | $0.88 | 0.0% | COM NEW | 70261F202 |
| PLRX | PLIANT THERAPEUTICS INC | 230,050 | $281K | 0.2% | $1.22 * | $1.53 | -1.5% | COM | 729139105 |
| JANX | JANUX THERAPEUTICS INC | 20,000 | $276K | 0.2% | $13.80 * | $23.52 | 0.0% | COM | 47103J105 |
| DCTH | DELCATH SYS INC | 27,232 | $275K | 0.2% | $10.10 | $9.94 | 0.0% | COM NEW | 24661P807 |
| KPRX | KIORA PHARMACEUTICALS INC | 131,144 | $258K | 0.2% | $1.97 * | $3.90 | -41.5% | COM | 49721T507 |
| CNSP | CNS PHARMACEUTICALS INC | 48,827 | $256K | 0.2% | $5.25 * | $7.50 | 0.0% | COM | 18978H508 |
| TNYA | TENAYA THERAPEUTICS INC | 352,001 | $250K | 0.2% | $0.71 * | $1.36 | 0.0% | COM | 87990A106 |
| OVID | OVID THERAPEUTICS INC | 102,367 | $167K | 0.1% | $1.63 * | $1.54 | 0.0% | COM | 690469101 |
| TENX | TENAX THERAPEUTICS INC | 11,884 | $145K | 0.1% | $12.19 * | $8.70 | 0.0% | COM NEW | 88032L605 |
| EVAX | EVAXION AS | 20,000 | $95,400 | 0.1% | $4.77 | $4.77 | — | SPONSORED ADS | 29970R303 |
| XLO | XILIO THERAPEUTICS INC | 126,270 | $80,838 | 0.1% | $0.64 * | $0.75 | 0.0% | COM | 98422T100 |
| CRIS | CURIS INC | 59,349 | $58,583 | 0.0% | $0.99 * | $1.34 | 0.0% | COM | 231269309 |
| PCSA | PROCESSA PHARMACEUTICALS INC | 12,323 | $35,490 | 0.0% | $2.88 * | $6.99 | 0.0% | COM SHS | 74275C403 |