TANG CAPITAL MANAGEMENT LLC Diversified Active

CIK: 0001232621 · Show all filings

Period: Q2 2016 (← Previous) (Next →)

Filing Date: Aug 15, 2016

Total Value ($000): $224,444 (89.4% shares, 10.6% debt)

Holdings (12)

HRTX HERON THERAPEUTICS INC 49.8%

Value ($000) $111,860 Shares 6,197,198 Est. Cost $13.95 Unrealized +40.0%

— LA JOLLA PHARMACEUTICAL CO 21.8%

Value ($000) $48,834 Shares 3,052,130 Est. Cost $14.80 Unrealized —

— IGNYTA INC 9.6%

Value ($000) $21,533 Shares 3,972,800 Est. Cost $5.43 Unrealized —

— OPKO HEALTH INC 8.8%

Value ($000) $19,753 Shares 14,000,000 Est. Cost $1.47 Unrealized —

BMRN BIOMARIN PHARMACEUTICAL INC 3.1%

Value ($000) $7,019 Shares 90,215 Est. Cost $62.32 Unrealized +36.4%

BABA ALIBABA GROUP HOLDING LIMITED 2.1%

Value ($000) $4,772 Shares 60,000 Est. Cost $79.03 Unrealized —

— MERRIMACK PHARMACEUTICALS INC 1.8%

Value ($000) $3,965 Shares 3,500,000 Est. Cost $1.36 Unrealized —

— NEKTAR THERAPEUTICS 1.6%

Value ($000) $3,700 Shares 260,000 Est. Cost $13.75 Unrealized —

BCRX BIOCRYST PHARMACEUTICALS INC 0.5%

Value ($000) $1,221 Shares 430,000 Est. Cost $4.43 Unrealized -29.9%

— LIPOCINE INC 0.4%

Value ($000) $790 Shares 260,000 Est. Cost $5.77 Unrealized —

— ATYR PHARMA INC 0.3%

Value ($000) $777 Shares 279,425 Est. Cost $3.57 Unrealized —

— CELLDEX THERAPUETICS INC 0.1%

Value ($000) $220 Shares 50,000 Est. Cost $3.78 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
HRTX	HERON THERAPEUTICS INC	6,197,198	$111,860	49.8%	$13.95	+40.0%	COM	427746102
—	LA JOLLA PHARMACEUTICAL CO	3,052,130	$48,834	21.8%	$14.80	—	COM	503459604
—	IGNYTA INC	3,972,800	$21,533	9.6%	$5.43	—	COM	451731103
—	OPKO HEALTH INC	14,000,000	$19,753	8.8%	$1.47	—	DEBT 3.0% 2/1/33	68375NAB9
BMRN	BIOMARIN PHARMACEUTICAL INC	90,215	$7,019	3.1%	$62.32	+36.4%	COM	09061G101
BABA	ALIBABA GROUP HOLDING LIMITED	60,000	$4,772	2.1%	$79.03	—	SPONSORED ADS	01609W102
—	MERRIMACK PHARMACEUTICALS INC	3,500,000	$3,965	1.8%	$1.36	—	NOTE 4.5% 7/15/20	590328AA8
—	NEKTAR THERAPEUTICS	260,000	$3,700	1.6%	$13.75	—	COM	640268108
BCRX	BIOCRYST PHARMACEUTICALS INC	430,000	$1,221	0.5%	$4.43	-29.9%	COM	09058V103
—	LIPOCINE INC	260,000	$790	0.4%	$5.77	—	COM	53630X104
—	ATYR PHARMA INC	279,425	$777	0.3%	$3.57	—	COM	002120103
—	CELLDEX THERAPUETICS INC	50,000	$220	0.1%	$3.78	—	COM	15117B103