Ikarian Capital, LLC Hedge Fund

CIK: 0001778253 · Show all filings

Period: Q2 2025 (← Previous) (Next →)

Filing Date: Aug 14, 2025

Total Value ($000): $520,629 (100.0% shares, 0.0% debt)

Holdings (133)

CIDARA THERAPEUTICS INC 4.7%
Value ($000) $24,433 Shares 501,600 Est. Cost $34.77 Unrealized
CIDARA THERAPEUTICS INC 4.3%
Value ($000) $22,625 Shares 464,488 Est. Cost $34.77 Unrealized
RARE ULTRAGENYX PHARMACEUTICAL IN 3.9%
Value ($000) $20,474 Shares 563,100 Est. Cost $49.30 Unrealized -26.9%
ALNY ALNYLAM PHARMACEUTICALS INC 3.5%
Value ($000) $18,455 Shares 56,594 Est. Cost $265.70 Unrealized +4.1%
SLNO SOLENO THERAPEUTICS INC 3.2%
Value ($000) $16,756 Shares 200,000 Est. Cost Unrealized
SLNO SOLENO THERAPEUTICS INC 3.2%
Value ($000) $16,756 Shares 200,000 Est. Cost Unrealized
INSM INSMED INC 3.2%
Value ($000) $16,480 Shares 163,751 Est. Cost $67.75 Unrealized +12.9%
CIDARA THERAPEUTICS INC 3.0%
Value ($000) $15,636 Shares 321,000 Est. Cost $34.77 Unrealized
VERONA PHARMA PLC 2.7%
Value ($000) $13,887 Shares 146,831 Est. Cost $57.76 Unrealized
CAPR CAPRICOR THERAPEUTICS INC 2.6%
Value ($000) $13,507 Shares 1,360,200 Est. Cost Unrealized
CRNX CRINETICS PHARMACEUTICALS IN 2.4%
Value ($000) $12,465 Shares 433,431 Est. Cost $26.55 Unrealized +16.3%
AKERO THERAPEUTICS INC 2.3%
Value ($000) $11,739 Shares 220,000 Est. Cost $40.48 Unrealized
PRAX PRAXIS PRECISION MEDICINES I 2.2%
Value ($000) $11,646 Shares 276,950 Est. Cost $50.89 Unrealized -25.2%
UNIQURE NV 2.1%
Value ($000) $11,152 Shares 800,000 Est. Cost Unrealized
RARE ULTRAGENYX PHARMACEUTICAL IN 2.1%
Value ($000) $10,908 Shares 300,000 Est. Cost $49.30 Unrealized -26.9%
PRAX PRAXIS PRECISION MEDICINES I 2.0%
Value ($000) $10,193 Shares 242,400 Est. Cost $50.89 Unrealized -25.2%
APGE APOGEE THERAPEUTICS INC 1.9%
Value ($000) $10,078 Shares 232,047 Est. Cost $38.04 Unrealized 0.0%
PCVX VAXCYTE INC 1.9%
Value ($000) $9,916 Shares 305,000 Est. Cost $63.71 Unrealized -48.5%
VKTX VIKING THERAPEUTICS INC 1.8%
Value ($000) $9,275 Shares 350,000 Est. Cost $28.96 Unrealized -9.1%
MLTX MOONLAKE IMMUNOTHERAPEUTICS 1.8%
Value ($000) $9,180 Shares 194,500 Est. Cost Unrealized
ACOG ALPHA COGNITION INC 1.6%
Value ($000) $8,564 Shares 917,867 Est. Cost $5.66 Unrealized +29.5%
TARS TARSUS PHARMACEUTICALS INC 1.5%
Value ($000) $7,962 Shares 196,536 Est. Cost $23.59 Unrealized +90.8%
CYTK CYTOKINETICS INC 1.5%
Value ($000) $7,714 Shares 233,464 Est. Cost $55.86 Unrealized -37.7%
SRPT SAREPTA THERAPEUTICS INC 1.5%
Value ($000) $7,679 Shares 449,087 Est. Cost $66.34 Unrealized -35.7%
TGTX TG THERAPEUTICS INC 1.5%
Value ($000) $7,556 Shares 209,938 Est. Cost $28.70 Unrealized +29.7%
COGT COGENT BIOSCIENCES INC 1.4%
Value ($000) $7,435 Shares 1,035,528 Est. Cost $5.54 Unrealized 0.0%
CAPR CAPRICOR THERAPEUTICS INC 1.3%
Value ($000) $6,951 Shares 700,000 Est. Cost Unrealized
VRDN VIRIDIAN THERAPEUTICS INC 1.3%
Value ($000) $6,570 Shares 469,949 Est. Cost $16.38 Unrealized -17.2%
ARVN ARVINAS INC 1.2%
Value ($000) $6,256 Shares 850,000 Est. Cost $9.61 Unrealized -23.4%
FBRX FORTE BIOSCIENCES INC 1.2%
Value ($000) $6,160 Shares 476,443 Est. Cost $11.89 Unrealized -27.6%
SRPT SAREPTA THERAPEUTICS INC 1.1%
Value ($000) $5,679 Shares 332,100 Est. Cost $66.34 Unrealized -35.7%
VIR VIR BIOTECHNOLOGY INC 1.0%
Value ($000) $5,383 Shares 1,068,062 Est. Cost $8.05 Unrealized -33.4%
CYTK CYTOKINETICS INC 1.0%
Value ($000) $4,956 Shares 150,000 Est. Cost $55.86 Unrealized -37.7%
CPRX CATALYST PHARMACEUTICALS INC 0.9%
Value ($000) $4,549 Shares 209,649 Est. Cost $13.42 Unrealized +75.9%
KALV KALVISTA PHARMACEUTICALS INC 0.9%
Value ($000) $4,522 Shares 400,000 Est. Cost $12.23 Unrealized 0.0%
MLTX MOONLAKE IMMUNOTHERAPEUTICS 0.9%
Value ($000) $4,460 Shares 94,500 Est. Cost Unrealized
DCTH DELCATH SYS INC 0.8%
Value ($000) $4,385 Shares 322,390 Est. Cost $11.58 Unrealized +20.5%
JAZZ JAZZ PHARMACEUTICALS PLC 0.8%
Value ($000) $4,245 Shares 40,000 Est. Cost $108.63 Unrealized 0.0%
BIOHAVEN LTD 0.8%
Value ($000) $4,233 Shares 300,000 Est. Cost Unrealized
CGON CG ONCOLOGY INC 0.8%
Value ($000) $4,030 Shares 155,000 Est. Cost $24.10 Unrealized 0.0%
STIM NEURONETICS INC 0.7%
Value ($000) $3,838 Shares 1,099,700 Est. Cost $3.65 Unrealized +8.1%
GPCR STRUCTURE THERAPEUTICS INC 0.7%
Value ($000) $3,797 Shares 183,085 Est. Cost $33.92 Unrealized
NAMS NEWAMSTERDAM PHARMA COMPANY 0.7%
Value ($000) $3,745 Shares 206,800 Est. Cost $18.24 Unrealized 0.0%
FULC FULCRUM THERAPEUTICS INC 0.7%
Value ($000) $3,674 Shares 534,000 Est. Cost $5.23 Unrealized +2.3%
VERA VERA THERAPEUTICS INC 0.7%
Value ($000) $3,609 Shares 153,200 Est. Cost $22.49 Unrealized 0.0%
SRRK SCHOLAR ROCK HLDG CORP 0.7%
Value ($000) $3,542 Shares 100,000 Est. Cost $32.56 Unrealized -3.6%
DYN DYNE THERAPEUTICS INC 0.7%
Value ($000) $3,464 Shares 363,837 Est. Cost $14.26 Unrealized -22.8%
APGE APOGEE THERAPEUTICS INC 0.7%
Value ($000) $3,435 Shares 79,100 Est. Cost $38.04 Unrealized 0.0%
TEVA TEVA PHARMACEUTICAL INDS LTD 0.6%
Value ($000) $3,352 Shares 200,000 Est. Cost Unrealized
TECX TECTONIC THERAPEUTIC INC 0.6%
Value ($000) $3,253 Shares 163,696 Est. Cost $24.71 Unrealized -17.9%
MAZE MAZE THERAPEUTICS INC 0.6%
Value ($000) $3,224 Shares 262,740 Est. Cost $12.04 Unrealized -13.6%
ALT ALTIMMUNE INC 0.6%
Value ($000) $3,202 Shares 827,500 Est. Cost Unrealized
JANX JANUX THERAPEUTICS INC 0.6%
Value ($000) $2,996 Shares 129,691 Est. Cost $46.45 Unrealized -43.3%
FULC FULCRUM THERAPEUTICS INC 0.6%
Value ($000) $2,948 Shares 428,521 Est. Cost $5.23 Unrealized +2.3%
ELDN ELEDON PHARMACEUTICALS INC 0.5%
Value ($000) $2,711 Shares 1,000,221 Est. Cost $3.94 Unrealized -23.9%
BIIB BIOGEN INC 0.5%
Value ($000) $2,702 Shares 21,516 Est. Cost $124.60 Unrealized 0.0%
VKTX VIKING THERAPEUTICS INC 0.5%
Value ($000) $2,650 Shares 100,000 Est. Cost $28.96 Unrealized -9.1%
CNTA CENTESSA PHARMACEUTICALS PLC 0.5%
Value ($000) $2,628 Shares 200,000 Est. Cost Unrealized
RLAY RELAY THERAPEUTICS INC 0.5%
Value ($000) $2,572 Shares 743,308 Est. Cost $7.23 Unrealized -58.9%
AKERO THERAPEUTICS INC 0.5%
Value ($000) $2,369 Shares 44,400 Est. Cost $40.48 Unrealized
ARCT ARCTURUS THERAPEUTICS HLDGS 0.4%
Value ($000) $2,277 Shares 175,000 Est. Cost $18.83 Unrealized -37.2%
GERN GERON CORP 0.4%
Value ($000) $2,256 Shares 1,600,000 Est. Cost $1.51 Unrealized -6.3%
KALV KALVISTA PHARMACEUTICALS INC 0.4%
Value ($000) $2,244 Shares 198,528 Est. Cost $12.23 Unrealized 0.0%
KOD KODIAK SCIENCES INC 0.4%
Value ($000) $2,236 Shares 599,534 Est. Cost $4.35 Unrealized -18.6%
LXEO LEXEO THERAPEUTICS INC 0.4%
Value ($000) $2,211 Shares 550,029 Est. Cost $9.45 Unrealized -65.2%
METSERA INC 0.4%
Value ($000) $2,200 Shares 77,316 Est. Cost $27.22 Unrealized
VTYX VENTYX BIOSCIENCES INC 0.4%
Value ($000) $2,071 Shares 967,590 Est. Cost $2.58 Unrealized -37.5%
CPIX CUMBERLAND PHARMACEUTICALS I 0.4%
Value ($000) $1,996 Shares 595,932 Est. Cost $4.15 Unrealized +14.2%
COGT COGENT BIOSCIENCES INC 0.4%
Value ($000) $1,885 Shares 262,600 Est. Cost $5.54 Unrealized 0.0%
PRQR PROQR THRAPEUTICS N V 0.3%
Value ($000) $1,771 Shares 868,069 Est. Cost $1.63 Unrealized 0.0%
SRRK SCHOLAR ROCK HLDG CORP 0.3%
Value ($000) $1,742 Shares 49,179 Est. Cost $32.56 Unrealized -3.6%
DRUG BRIGHT MINDS BIOSCIENCES INC 0.3%
Value ($000) $1,708 Shares 65,431 Est. Cost $35.19 Unrealized -14.8%
QURE UNIQURE NV 0.3%
Value ($000) $1,673 Shares 119,986 Est. Cost $13.45 Unrealized 0.0%
SLN SILENCE THERAPEUTICS PLC 0.3%
Value ($000) $1,398 Shares 873,568 Est. Cost $1.60 Unrealized
RCUS ARCUS BIOSCIENCES INC 0.3%
Value ($000) $1,330 Shares 163,363 Est. Cost $15.84 Unrealized -46.1%
APLS APELLIS PHARMACEUTICALS INC 0.2%
Value ($000) $1,298 Shares 75,000 Est. Cost $27.74 Unrealized -33.3%
ALEC ALECTOR INC 0.2%
Value ($000) $1,260 Shares 900,000 Est. Cost $3.76 Unrealized -66.7%
NUVB NUVATION BIO INC 0.2%
Value ($000) $1,208 Shares 619,258 Est. Cost $2.19 Unrealized -5.1%
VTGN VISTAGEN THERAPEUTICS INC 0.2%
Value ($000) $1,203 Shares 601,703 Est. Cost $2.83 Unrealized -19.7%
HELP CYBIN INC 0.2%
Value ($000) $1,179 Shares 140,475 Est. Cost $9.91 Unrealized -26.6%
TOURMALINE BIO INC 0.2%
Value ($000) $1,086 Shares 67,927 Est. Cost $22.90 Unrealized
WVE WAVE LIFE SCIENCES LTD 0.2%
Value ($000) $1,047 Shares 161,137 Est. Cost $6.60 Unrealized 0.0%
VERU INC 0.2%
Value ($000) $829 Shares 1,425,239 Est. Cost $0.63 Unrealized
ORKA ORUKA THERAPEUTICS INC 0.1%
Value ($000) $769 Shares 68,574 Est. Cost $12.47 Unrealized -16.4%
IBB ISHARES TR 0.1%
Value ($000) $728 Shares 5,755 Est. Cost $126.51 Unrealized
SGMO SANGAMO THERAPEUTICS INC 0.1%
Value ($000) $682 Shares 1,260,179 Est. Cost $1.83 Unrealized -67.5%
IMUX IMMUNIC INC 0.1%
Value ($000) $638 Shares 914,170 Est. Cost $1.27 Unrealized -27.8%
PRTA PROTHENA CORP PLC 0.1%
Value ($000) $607 Shares 100,000 Est. Cost Unrealized
INBX INHIBRX BIOSCIENCES INC 0.1%
Value ($000) $601 Shares 42,122 Est. Cost $15.62 Unrealized -17.2%
IFRX INFLARX NV 0.1%
Value ($000) $557 Shares 705,010 Est. Cost $1.18 Unrealized 0.0%
KZR KEZAR LIFE SCIENCES INC 0.1%
Value ($000) $490 Shares 106,901 Est. Cost $7.45 Unrealized -42.4%
VYNE VYNE THERAPEUTICS INC 0.1%
Value ($000) $479 Shares 290,000 Est. Cost $1.30 Unrealized 0.0%
IBIO IBIO INC 0.1%
Value ($000) $458 Shares 599,913 Est. Cost $1.26 Unrealized -13.7%
KYMR KYMERA THERAPEUTICS INC 0.1%
Value ($000) $436 Shares 10,000 Est. Cost Unrealized
MIND MEDICINE MINDMED INC 0.1%
Value ($000) $407 Shares 62,691 Est. Cost $3.66 Unrealized
BIOMX INC 0.1%
Value ($000) $402 Shares 892,976 Est. Cost $1.02 Unrealized
LYEL LYELL IMMUNOPHARMA INC 0.1%
Value ($000) $387 Shares 43,799 Est. Cost $9.11 Unrealized 0.0%
NYXH NYXOAH S A 0.1%
Value ($000) $379 Shares 50,627 Est. Cost $6.88 Unrealized 0.0%
APGE APOGEE THERAPEUTICS INC 0.1%
Value ($000) $365 Shares 8,400 Est. Cost $38.04 Unrealized 0.0%
ANAB ANAPTYSBIO INC 0.1%
Value ($000) $348 Shares 15,662 Est. Cost $20.93 Unrealized 0.0%
VERA VERA THERAPEUTICS INC 0.1%
Value ($000) $332 Shares 14,096 Est. Cost $22.49 Unrealized 0.0%
ZYME ZYMEWORKS INC 0.1%
Value ($000) $314 Shares 25,000 Est. Cost $11.91 Unrealized 0.0%
ABOS ACUMEN PHARMACEUTICALS INC 0.1%
Value ($000) $308 Shares 265,769 Est. Cost $5.16 Unrealized -79.2%
IMTX IMMATICS N.V 0.1%
Value ($000) $266 Shares 49,396 Est. Cost $4.96 Unrealized 0.0%
VIGIL NEUROSCIENCE INC 0.0%
Value ($000) $249 Shares 31,360 Est. Cost $1.70 Unrealized
CHEMOMAB THERAPEUTICS LTD 0.0%
Value ($000) $247 Shares 213,052 Est. Cost $15.49 Unrealized
ANRO ALTO NEUROSCIENCE INC 0.0%
Value ($000) $242 Shares 110,000 Est. Cost $6.24 Unrealized -61.9%
RNAC CARTESIAN THERAPEUTICS INC 0.0%
Value ($000) $230 Shares 22,166 Est. Cost $23.87 Unrealized -55.4%
ANEB ANEBULO PHARMACEUTICALS INC 0.0%
Value ($000) $227 Shares 157,720 Est. Cost $7.36 Unrealized -84.5%
PCVX VAXCYTE INC 0.0%
Value ($000) $224 Shares 6,900 Est. Cost $63.71 Unrealized -48.5%
TERN TERNS PHARMACEUTICALS INC 0.0%
Value ($000) $218 Shares 58,491 Est. Cost $5.35 Unrealized -41.6%
EVAX EVAXION AS 0.0%
Value ($000) $196 Shares 80,000 Est. Cost $1.85 Unrealized
SNSE SENSEI BIOTHERAPEUTICS INC 0.0%
Value ($000) $193 Shares 22,497 Est. Cost $7.18 Unrealized 0.0%
LYRA LYRA THERAPEUTICS INC 0.0%
Value ($000) $190 Shares 21,161 Est. Cost $8.30 Unrealized 0.0%
AETHLON MED INC 0.0%
Value ($000) $184 Shares 153,659 Est. Cost $1.20 Unrealized
AVTX AVALO THERAPEUTICS INC 0.0%
Value ($000) $176 Shares 35,300 Est. Cost $10.09 Unrealized -53.7%
VYGR VOYAGER THERAPEUTICS INC 0.0%
Value ($000) $173 Shares 55,766 Est. Cost $11.38 Unrealized
LXRX LEXICON PHARMACEUTICALS INC 0.0%
Value ($000) $167 Shares 176,479 Est. Cost $1.22 Unrealized -46.7%
PEPG PEPGEN INC 0.0%
Value ($000) $167 Shares 150,000 Est. Cost $2.06 Unrealized -31.3%
JSPR JASPER THERAPEUTICS INC 0.0%
Value ($000) $139 Shares 25,107 Est. Cost $17.76 Unrealized -72.3%
KPTI KARYOPHARM THERAPEUTICS INC 0.0%
Value ($000) $117 Shares 27,257 Est. Cost $8.54 Unrealized -42.5%
MGNX MACROGENICS INC 0.0%
Value ($000) $97 Shares 80,071 Est. Cost $15.11 Unrealized -90.4%
SGMT SAGIMET BIOSCIENCES INC 0.0%
Value ($000) $91 Shares 11,984 Est. Cost $7.18 Unrealized -41.2%
AIRS AIRSCULPT TECHNOLOGIES INC 0.0%
Value ($000) $87 Shares 17,951 Est. Cost $3.40 Unrealized 0.0%
SPRUCE BIOSCIENCES INC 0.0%
Value ($000) $73 Shares 1,000,000 Est. Cost $0.42 Unrealized
TKNO ALPHA TEKNOVA INC 0.0%
Value ($000) $69 Shares 14,008 Est. Cost $7.39 Unrealized -20.4%
HOOK HOOKIPA PHARMA INC 0.0%
Value ($000) $67 Shares 52,996 Est. Cost $5.28 Unrealized -76.6%
TOVX THERIVA BIOLOGICS INC 0.0%
Value ($000) $52 Shares 120,031 Est. Cost $1.40 Unrealized -41.9%
TRAW TRAWS PHARMA INC 0.0%
Value ($000) $42 Shares 28,493 Est. Cost $5.57 Unrealized -71.4%
AMIX AUTONOMIX MED INC 0.0%
Value ($000) $31 Shares 20,000 Est. Cost $8.42 Unrealized -79.7%
SYBX SYNLOGIC INC 0.0%
Value ($000) $26 Shares 20,422 Est. Cost $6.79 Unrealized -83.0%
RLMD RELMADA THERAPEUTICS INC 0.0%
Value ($000) $24 Shares 40,270 Est. Cost $8.78 Unrealized -94.2%
NMRA NEUMORA THERAPEUTICS INC. 0.0%
Value ($000) $9 Shares 12,498 Est. Cost $1.71 Unrealized -55.7%