Decheng Capital LLC Diversified Active

CIK: 0002010850 · Show all filings

Period: Q1 2025 (← Previous) (Next →)

Filing Date: May 8, 2025

Total Value ($000): $356,489 (100.0% shares, 0.0% debt)

Holdings (27)

CGON CG ONCOLOGY INC 43.8%

Value ($000) $156,042 Shares 6,371,669 Est. Cost $39.91 Unrealized -29.5%

NUVB Nuvation Bio Inc. 12.8%

Value ($000) $45,680 Shares 25,954,439 Est. Cost $3.05 Unrealized -25.4%

AARD AARDVARK THERAPEUTICS INC 8.3%

Value ($000) $29,419 Shares 3,917,299 Est. Cost $11.23 Unrealized 0.0%

UPB Upstream Bio Inc. 5.6%

Value ($000) $20,106 Shares 3,285,293 Est. Cost $22.33 Unrealized -57.2%

NAMS NEWAMSTERDAM PHARMA CO NV 4.4%

Value ($000) $15,762 Shares 770,000 Est. Cost $19.66 Unrealized +13.1%

KRYS KRYSTAL BIOTECH INC 3.3%

Value ($000) $11,720 Shares 65,000 Est. Cost $121.63 Unrealized +38.3%

RVMD REVOLUTION MEDICINES INC(NSM) 2.2%

Value ($000) $7,991 Shares 226,000 Est. Cost $50.40 Unrealized -19.5%

— MERUS NV 2.2%

Value ($000) $7,959 Shares 189,098 Est. Cost $51.07 Unrealized —

BYSI BeyondSpring Inc. 2.0%

Value ($000) $6,972 Shares 4,882,651 Est. Cost $0.92 Unrealized +83.6%

MLTX MOONLAKE IMMUNOTHERAPEUTICS 1.9%

Value ($000) $6,704 Shares 171,600 Est. Cost $50.34 Unrealized —

— Lyell Immunopharma, Inc. 1.8%

Value ($000) $6,407 Shares 11,909,341 Est. Cost $0.64 Unrealized —

RCUS Arcus Biosciences, Inc 1.8%

Value ($000) $6,349 Shares 808,789 Est. Cost $15.98 Unrealized -27.5%

ACRS Aclaris Therapeutics, Inc. 1.7%

Value ($000) $6,184 Shares 4,041,736 Est. Cost $2.33 Unrealized -8.5%

CRNX CRINETICS PHARMACEUTICALS IN 1.7%

Value ($000) $5,969 Shares 177,958 Est. Cost $39.97 Unrealized -6.6%

CYTK CYTOKINETICS INC 1.1%

Value ($000) $4,019 Shares 100,000 Est. Cost $75.83 Unrealized -39.4%

LEGN LEGEND BIOTECH CORP-ADR 1.0%

Value ($000) $3,393 Shares 100,000 Est. Cost $47.77 Unrealized —

ACLX ARCELLX INC 0.9%

Value ($000) $3,280 Shares 50,000 Est. Cost $81.25 Unrealized -16.6%

ZNTL Zentalis Pharmaceuticals Inc. 0.9%

Value ($000) $3,211 Shares 2,019,762 Est. Cost $13.39 Unrealized -83.9%

AURA Aura Biosciences, Inc. 0.8%

Value ($000) $3,021 Shares 515,555 Est. Cost $8.47 Unrealized -10.7%

BNTX Biontech SE-ADR 0.5%

Value ($000) $1,821 Shares 20,000 Est. Cost $113.95 Unrealized —

EQ Equillium Inc. 0.5%

Value ($000) $1,745 Shares 4,447,308 Est. Cost $0.59 Unrealized +25.4%

FDMT 4D MOLECULAR THERAPEUTICS IN 0.3%

Value ($000) $1,084 Shares 335,515 Est. Cost $24.39 Unrealized -80.7%

ILMN Illumnia, Inc. 0.3%

Value ($000) $932 Shares 11,749 Est. Cost $122.34 Unrealized -11.5%

PYXS Pyxis Oncology, Inc (formerly Apexigen) 0.1%

Value ($000) $320 Shares 326,810 Est. Cost $1.71 Unrealized -22.1%

GRAL GRAIL INC 0.1%

Value ($000) $247 Shares 9,684 Est. Cost $16.22 Unrealized +90.5%

VERA VERA THERAPEUTICS INC 0.0%

Value ($000) $108 Shares 4,495 Est. Cost $39.67 Unrealized -19.0%

— Nuvation Bio Inc. 0.0%

Value ($000) $44 Shares 646,057 Est. Cost $0.16 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
CGON	CG ONCOLOGY INC	6,371,669	$156,042	43.8%	$39.91	-29.5%	COM	156944100
NUVB	Nuvation Bio Inc.	25,954,439	$45,680	12.8%	$3.05	-25.4%	COM	67080N101
AARD	AARDVARK THERAPEUTICS INC	3,917,299	$29,419	8.3%	$11.23	0.0%	COM	002942100
UPB	Upstream Bio Inc.	3,285,293	$20,106	5.6%	$22.33	-57.2%	COM	91678A107
NAMS	NEWAMSTERDAM PHARMA CO NV	770,000	$15,762	4.4%	$19.66	+13.1%	COM	N62509109
KRYS	KRYSTAL BIOTECH INC	65,000	$11,720	3.3%	$121.63	+38.3%	COM	501147102
RVMD	REVOLUTION MEDICINES INC(NSM)	226,000	$7,991	2.2%	$50.40	-19.5%	COM	76155X100
—	MERUS NV	189,098	$7,959	2.2%	$51.07	—	COM	N5749R100
BYSI	BeyondSpring Inc.	4,882,651	$6,972	2.0%	$0.92	+83.6%	SHS	G10830100
MLTX	MOONLAKE IMMUNOTHERAPEUTICS	171,600	$6,704	1.9%	$50.34	—	COM	G4444C102
—	Lyell Immunopharma, Inc.	11,909,341	$6,407	1.8%	$0.64	—	COM	55083R104
RCUS	Arcus Biosciences, Inc	808,789	$6,349	1.8%	$15.98	-27.5%	COM	03969F109
ACRS	Aclaris Therapeutics, Inc.	4,041,736	$6,184	1.7%	$2.33	-8.5%	COM	00461U105
CRNX	CRINETICS PHARMACEUTICALS IN	177,958	$5,969	1.7%	$39.97	-6.6%	COM	22663K107
CYTK	CYTOKINETICS INC	100,000	$4,019	1.1%	$75.83	-39.4%	COM	23282W605
LEGN	LEGEND BIOTECH CORP-ADR	100,000	$3,393	1.0%	$47.77	—	ADR	52490G102
ACLX	ARCELLX INC	50,000	$3,280	0.9%	$81.25	-16.6%	COM	03940C100
ZNTL	Zentalis Pharmaceuticals Inc.	2,019,762	$3,211	0.9%	$13.39	-83.9%	COM	98943L107
AURA	Aura Biosciences, Inc.	515,555	$3,021	0.8%	$8.47	-10.7%	COM	05153U107
BNTX	Biontech SE-ADR	20,000	$1,821	0.5%	$113.95	—	COM	09075V102
EQ	Equillium Inc.	4,447,308	$1,745	0.5%	$0.59	+25.4%	COM	29446K106
FDMT	4D MOLECULAR THERAPEUTICS IN	335,515	$1,084	0.3%	$24.39	-80.7%	COM	35104E100
ILMN	Illumnia, Inc.	11,749	$932	0.3%	$122.34	-11.5%	COM	452327109
PYXS	Pyxis Oncology, Inc (formerly Apexigen)	326,810	$320	0.1%	$1.71	-22.1%	COM	747324101
GRAL	GRAIL INC	9,684	$247	0.1%	$16.22	+90.5%	COM	384747101
VERA	VERA THERAPEUTICS INC	4,495	$108	0.0%	$39.67	-19.0%	COM	92337R101
—	Nuvation Bio Inc.	646,057	$44	0.0%	$0.16	—	WARRANTS	67080N119