FCPM III SERVICES B.V. Long-Term Concentrated

CIK: 0002013410 · Show all filings

Period: Q4 2025 (← Previous)

Filing Date: Feb 17, 2026

Total Value ($000): $762,887 (100.0% shares, 0.0% debt)

Holdings (10)

New Positions (2)

MPLT MAPLIGHT THERAPEUTICS INC 7.4%

Value ($000) $56,672 Shares 3,226,400 Est. Cost $16.75 Unrealized 0.0%

CBIO CRESCENT BIOPHARMA INC. 2.6%

Value ($000) $19,899 Shares 1,677,852 Est. Cost $12.74 Unrealized 0.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
MPLT	MAPLIGHT THERAPEUTICS INC	3,226,400	$56,672	7.4%	$16.75	0.0%	COM	56565P103
CBIO	CRESCENT BIOPHARMA INC.	1,677,852	$19,899	2.6%	$12.74	0.0%	COM	G2545C104

Increased Positions (2)

RAPT RAPT THERAPEUTICS INC 8.1%

Value ($000) $62,095 (+599.4%) Shares 1,833,333 (+432.6%) Est. Cost $26.66 Unrealized +16.5%

VOR VOR BIOPHARMA INC 6.2%

Value ($000) $47,315 (+155.8%) Shares 3,617,354 (+852.8%) Est. Cost $20.89 Unrealized -10.8%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
RAPT	RAPT THERAPEUTICS INC	1,833,333 (+432.6%)	$62,095 (+599.4%)	8.1%	$26.66	+16.5%	COM NEW	75382E208
VOR	VOR BIOPHARMA INC	3,617,354 (+852.8%)	$47,315 (+155.8%)	6.2%	$20.89	-10.8%	COM NEW	929033207

Exited Positions (1)

— ASTRIA THERAPEUTICS INC 3.9%

Value ($000) $29,903 Shares 4,107,537 Est. Cost $7.88 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	ASTRIA THERAPEUTICS INC	4,107,537	$29,903	3.9%	$7.88	—	—	04635X102

Decreased Positions (1)

REPL REPLIMUNE GROUP INC 3.6%

Value ($000) $27,297 (+56.7%) Shares 2,808,368 (-32.5%) Est. Cost $11.28 Unrealized -24.7%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
REPL	REPLIMUNE GROUP INC	2,808,368 (-32.5%)	$27,297 (+56.7%)	3.6%	$11.28	-24.7%	COM	76029N106

Unchanged Positions (5)

NAMS NEWAMSTERDAM PHARMA COMPANY 42.3%

Value ($000) $322,697 Shares 9,198,900 Est. Cost $9.56 Unrealized +280.5%

DYN DYNE THERAPEUTICS INC 14.0%

Value ($000) $106,853 Shares 5,462,846 Est. Cost $12.58 Unrealized +50.6%

ENGN ENGENE HOLDINGS INC 11.4%

Value ($000) $86,982 Shares 9,632,561 Est. Cost $10.14 Unrealized -21.0%

ENGNW ENGENE HOLDINGS INC 1.1%

Value ($000) $8,519 Shares 2,878,148 Est. Cost $0.63 Unrealized —

BCYC BICYCLE THERAPEUTICS PLC 3.2%

Value ($000) $24,556 Shares 3,468,430 Est. Cost $18.38 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
NAMS	NEWAMSTERDAM PHARMA COMPANY	9,198,900	$322,697	42.3%	$9.56	+280.5%	ORDINARY SHARES	N62509109
DYN	DYNE THERAPEUTICS INC	5,462,846	$106,853	14.0%	$12.58	+50.6%	COM	26818M108
ENGN	ENGENE HOLDINGS INC	9,632,561	$86,982	11.4%	$10.14	-21.0%	COM	29286M105
ENGNW	ENGENE HOLDINGS INC	2,878,148	$8,519	1.1%	$0.63	—	W EXP 10/31/2028	29286M113
BCYC	BICYCLE THERAPEUTICS PLC	3,468,430	$24,556	3.2%	$18.38	—	SPONSORED ADS	088786108