Location: Bend, OR
CIK: 0001440771 · Show all filings
Period: Q2 2026 (← Previous)
Filing Date: Aug 17, 2026
Total Value: $177M (100.0% shares, 0.0% debt)
| Ticker | Issuer | Shares | Value | % | Share Price | Est. Cost/Share | Unrealized @ Report Date | Class | CUSIP |
|---|---|---|---|---|---|---|---|---|---|
| INSM | INSMED INC | 40,000 | $5.6M | 3.2% | $140.00 | — | — | CALL | 457669307 |
| ELOX | ELOXX PHARMACEUTICALS INC | 397,160 | $5.513M | 3.1% | $13.88 | $13.88 | — | COM NEW | 29014R301 |
| RARE | ULTRAGENYX PHARMACEUTICAL IN | 200,000 | $5.5M | 3.1% | $27.50 | $33.39 | — | CALL | 90400D108 |
| MDT | MEDTRONIC PLC | 50,000 | $4.375M | 2.5% | $87.50 | — | — | CALL | G5960L103 |
| INDV | INDIVIOR PHARMACEUTICALS INC | 100,000 | $4.103M | 2.3% | $41.03 | $41.03 | — | COM | 45579U109 |
| ABT | ABBOTT LABORATORIES | 40,000 | $3.8M | 2.1% | $95.00 | — | — | CALL | 002824100 |
| BSX | BOSTON SCIENTIFIC CORP | 50,000 | $3.25M | 1.8% | $65.00 | — | — | CALL | 101137107 |
| BMRN | BIOMARIN PHARMACEUTICAL INC | 50,000 | $3.125M | 1.8% | $62.50 | — | — | CALL | 09061G101 |
| SPRB | SPRUCE BIOSCIENCES INC | 28,795 | $1.555M | 0.9% | $54.00 | $54.00 | — | COM NEW | 85209E208 |
| MLTX | MOONLAKE IMMUNOTHERAPEUTICS | 50,000 | $974K | 0.5% | $19.47 | $19.47 | — | CLASS A ORD | 61559X104 |
| AZTR | AZITRA INC | 5,285,476 | $887K | 0.5% | $0.17 | $0.17 | — | COM NEW | 05479L302 |
| RARE | ULTRAGENYX PHARMACEUTICAL IN | 25,000 | $835K | 0.5% | $33.39 | $33.39 | — | COM | 90400D108 |
| NVCT | NUVECTIS PHARMA INC | 40,000 | $736K | 0.4% | $18.39 | $18.39 | — | COM | 67080T108 |
| ORKA | ORUKA THERAPEUTICS INC | 7,500 | $714K | 0.4% | $95.17 | $95.17 | — | COM | 687604108 |
| NGEN | NERVGEN PHARMA CORP | 271,678 | $560K | 0.3% | $2.06 | $2.06 | — | COM | 64082X203 |
| CALC | CALCIMEDICA INC | 622,432 | $545K | 0.3% | $0.88 | $0.88 | — | COM NEW | 38942Q202 |
| QTI | QT IMAGING HLDGS INC | 100,000 | $407K | 0.2% | $4.07 | $4.07 | — | COM | 746962307 |
| SINT | SINTX TECHNOLOGIES INC | 209,205 | $333K | 0.2% | $1.59 | $1.59 | — | COM NEW | 829392703 |
| CLRB | CELLECTAR BIOSCIENCES INC | 104,550 | $291K | 0.2% | $2.78 | $2.78 | — | COM NEW | 15117F880 |
| EPRX | EUPRAXIA PHARMACEUTICALS INC | 43,491 | $287K | 0.2% | $6.61 | $6.61 | — | COM 298736 AL 3 EURONET WORLDWIDE INC NOTE 0.750% 3/1 | 29842P105 |
| ANL | ADLAI NORTYE LTD | 24,257 | $279K | 0.2% | $11.50 | $11.50 | — | SPONSORED ADS | 00704R109 |
| SENS | SENSEONICS HLDGS INC | 48,680 | $277K | 0.2% | $5.68 | $5.68 | — | COM | 81727U303 |
| RNTX | REIN THERAPEUTICS INC | 218,038 | $227K | 0.1% | $1.04 | $1.04 | — | COM NEW | 00887A204 |
| HUMA | HUMACYTE INC | 231,299 | $181K | 0.1% | $0.78 | $0.78 | — | COM | 44486Q103 |
| BCAB | BIOATLA INC | 16,432 | $68,028 | 0.0% | $4.14 | $4.14 | — | COM NEW | 09077B203 |
| Ticker | Issuer | Shares | Value | % | Share Price | Est. Cost/Share | Unrealized @ Report Date | Class | CUSIP |
|---|---|---|---|---|---|---|---|---|---|
| VSTM | VERASTEM INC | 3,349,627 (+1.4%) | $12.8M (-26.9%) | 7.2% | $3.82 | $6.13 | — | COM NEW | 92337C203 |
| MSLE | SATELLOS BIOSCIENCE INC | 491,624 (+391.6%) | $3.723M (+561.3%) | 2.1% | $7.57 | $7.18 | — | COM | 80401L803 |
| EDSA | EDESA BIOTECH INC | 456,439 (+1421.5%) | $3.191M (+1933.7%) | 1.8% | $6.99 | $6.68 | — | COM NEW | 27966L306 |
| CABA | CABALETTA BIO INC | 917,100 (+1734.2%) | $2.852M (+2020.6%) | 1.6% | $3.11 | $3.08 | — | COM | 12674W109 |
| NKTR | NEKTAR THERAPEUTICS | 120,654 (+41.9%) | $8.423M (+37.7%) | 4.8% | $69.81 | $34.85 | — | COM NEW | 640268306 |
| XLO | XILIO THERAPEUTICS INC | 225,994 (+252.2%) | $2.165M (+301.2%) | 1.2% | $9.58 | $9.25 | — | COM | 98422T209 |
| QNRX | QUOIN PHARMACEUTICALS LTD | 199,486 (+273.2%) | $966K (+173.6%) | 0.5% | $4.84 | $7.41 | — | SPONSORED ADS | 74907L409 |
| ACET | ADICET BIO INC | 245,518 (+10.6%) | $2.121M (+40.3%) | 1.2% | $8.64 | $10.82 | — | COM NEW | 007002207 |
| KTTA | PASITHEA THERAPEUTICS CORP | 2,201,468 (+164.8%) | $1.135M (+84.0%) | 0.6% | $0.52 | $0.65 | — | COM NEW | 70261F202 |
| CRBP | CORBUS PHARMACEUTICALS HLDGS | 425,000 (+10.8%) | $3.986M (+10.7%) | 2.2% | $9.38 | $12.05 | — | COM NEW | 21833P301 |
| TELA | TELA BIO INC | 2,662,427 (+1.7%) | $1.997M (+23.1%) | 1.1% | $0.75 | $3.67 | — | COM | 872381108 |
| PHAT | PHATHOM PHARMACEUTICALS INC | 85,010 (+70.0%) | $922K (+66.0%) | 0.5% | $10.85 | $12.52 | — | COM | 71722W107 |
| ARVN | ARVINAS INC | 60,000 (+118.2%) | $499K (+71.0%) | 0.3% | $8.31 | $10.26 | — | COM | 04335A105 |
| AYTU | AYTU BIOPHARMA INC | 912,921 (+15.2%) | $1.963M (-9.3%) | 1.1% | $2.15 | $1.86 | — | COM | 054754858 |
| CTMX | CYTOMX THERAPEUTICS INC. | 205,000 (+2.5%) | $769K (-18.2%) | 0.4% | $3.75 | $5.19 | — | COM | 23284F105 |
| IRD | OPUS GENETICS INC | 100,718 (+46.6%) | $414K (+32.5%) | 0.2% | $4.11 | $3.18 | — | COM | 67577R102 |
| SABS | SAB BIOTHERAPEUTICS INC | 73,271 (+46.5%) | $286K (+49.2%) | 0.2% | $3.90 | $3.97 | — | COM NEW | 78397T202 |
| OKYO | OKYO PHARMA LTD | 862,996 (+1.5%) | $1.294M (-5.4%) | 0.7% | $1.50 | $2.11 | — | SHS NEW | G6724L116 |
| LUNG | PULMONX CORP | 815,436 (+6.1%) | $1.06M (+7.0%) | 0.6% | $1.30 | $2.16 | — | COM | 745848101 |
| CNTB | CONNECT BIOPHARMA HLDGS LTD | 364,254 (+17.5%) | $867K (+6.7%) | 0.5% | $2.38 | $2.46 | — | SHS | G23549101 |
| PLRX | PLIANT THERAPEUTICS INC | 230,538 (+2.6%) | $263K (-7.2%) | 0.1% | $1.14 | $1.52 | — | COM | 729139105 |
| KLRS | KALARIS THERAPEUTICS INC | 30,122 (+47.7%) | $123K (+4.2%) | 0.1% | $4.07 | $7.66 | — | COM | 482929106 |
| INAB | IN8BIO INC | 695,287 (+4.8%) | $980K (-0.2%) | 0.6% | $1.41 | $2.28 | — | COM NEW | 45674E208 |
| Ticker | Issuer | Shares | Value | % | Share Price | Est. Cost/Share | Unrealized @ Report Date | Class | CUSIP |
|---|---|---|---|---|---|---|---|---|---|
| XBI | SPDR SERIES TRUST | 400,000 | $51.09M | 28.8% | $127.73 | — | — | CALL | 78464A870 |
| XBI | SPDR SERIES TRUST | 400,000 | $51.09M | 28.8% | $127.73 | — | — | PUT | 78464A870 |
| TERN | TERNS PHARMACEUTICALS INC | 100,000 | $5.272M | 3.0% | $52.72 | — | — | CALL | 880881107 |
| ESTA | ESTABLISHMENT LABS HLDGS INC | 50,000 | $2.839M | 1.6% | $56.78 | $70.34 | — | CALL | G31249108 |
| ARE | ALEXANDRIA REAL ESTATE EQ IN | 50,000 | $2.321M | 1.3% | $46.42 | — | — | CALL | 015271109 |
| ACAD | ACADIA PHARMACEUTICALS INC | 100,000 | $2.226M | 1.3% | $22.26 | — | — | CALL | 004225108 |
| XOMA | XOMA ROYALTY CORPORATION | 69,500 | $2.18M | 1.2% | $31.37 | $20.48 | — | — | 98419J206 |
| SRZN | SURROZEN INC | 33,005 | $961K | 0.5% | $29.13 | $10.69 | — | — | 86889P208 |
| CTMX | CYTOMX THERAPEUTICS INC. | 200,000 | $940K | 0.5% | $4.70 | $5.19 | — | CALL | 23284F105 |
| VRCA | VERRICA PHARMACEUTICALS INC | 99,735 | $528K | 0.3% | $5.29 | $5.54 | — | — | 92511W207 |
| CADL | CANDEL THERAPEUTICS INC | 102,500 | $502K | 0.3% | $4.90 | $5.74 | — | — | 137404109 |
| ABEO | ABEONA THERAPEUTICS INC | 100,000 | $448K | 0.3% | $4.48 | $5.79 | — | CALL | 00289Y206 |
| ESTA | ESTABLISHMENT LABS HLDGS INC | 6,000 | $341K | 0.2% | $56.78 | $70.34 | — | — | G31249108 |
| JANX | JANUX THERAPEUTICS INC | 20,000 | $278K | 0.2% | $13.90 | $23.52 | — | — | 47103J105 |
| OABI | OMNIAB INC | 164,045 | $258K | 0.1% | $1.57 | $1.83 | — | — | 68218J103 |
| XERS | XERIS BIOPHARMA HOLDINGS INC | 40,030 | $232K | 0.1% | $5.80 | $7.21 | — | — | 98422E103 |
| NMRA | NEUMORA THERAPEUTICS INC. | 100,000 | $195K | 0.1% | $1.95 | $2.46 | — | — | 640979100 |
| SIBN | SI BONE INC | 14,964 | $189K | 0.1% | $12.63 | $16.92 | — | — | 825704109 |
| ELDN | ELEDON PHARMACEUTICALS INC | 35,000 | $108K | 0.1% | $3.08 | $2.38 | — | — | 28617K101 |
| MNKD | MANNKIND CORP | 16,300 | $39,935 | 0.0% | $2.45 | $4.39 | — | — | 56400P706 |
| BCAB | BIOATLA INC | 65,387 | $10,527 | 0.0% | $0.16 | $0.27 | — | — | 09077B104 |
| Ticker | Issuer | Shares | Value | % | Share Price | Est. Cost/Share | Unrealized @ Report Date | Class | CUSIP |
|---|---|---|---|---|---|---|---|---|---|
| TENX | TENAX THERAPEUTICS INC | 660,000 (-32.3%) | $9.603M (-38.4%) | 5.4% | $14.55 | $13.44 | — | COM NEW | 88032L605 |
| EOLS | EVOLUS INC | 1,590,162 (-9.6%) | $11.04M (+52.6%) | 6.2% | $6.94 | $7.98 | — | COM | 30052C107 |
| ADMA | ADMA BIOLOGICS INC | 650,000 (-43.5%) | $7.95M (-23.3%) | 4.5% | $12.23 | $2.26 | — | CALL | 000899104 |
| SLGL | SOL-GEL TECHNOLOGIES LTD | 14,469 (-47.9%) | $1.073M (-51.3%) | 0.6% | $74.14 | $66.40 | — | SHS NEW | M8694L137 |
| HRTX | HERON THERAPEUTICS INC | 490,787 (-65.0%) | $209K (-81.3%) | 0.1% | $0.43 | $1.49 | — | COM | 427746102 |
| CBIO | CRESCENT BIOPHARMA INC. | 40,000 (-52.9%) | $720K (-53.9%) | 0.4% | $18.00 | $12.74 | — | COM | G2545C104 |
| IKT | INHIBIKASE THERAPEUTICS INC | 396,179 (-58.6%) | $804K (-50.0%) | 0.5% | $2.03 | $1.87 | — | COM NEW | 45719W205 |
| ZVRA | ZEVRA THERAPEUTICS INC | 258,701 (-46.1%) | $3.71M (-17.1%) | 2.1% | $14.34 | $7.20 | — | COM NEW | 488445206 |
| MNKD | MANNKIND CORP | 250,000 (-50.0%) | $750K (-38.8%) | 0.4% | $3.00 | $4.39 | — | CALL | 56400P706 |
| CDXS | CODEXIS INC | 109,662 (-73.8%) | $248K (-63.6%) | 0.1% | $2.26 | $1.95 | — | COM | 192005106 |
| BIOA | BIOAGE LABS INC | 20,000 (-60.0%) | $490K (-43.9%) | 0.3% | $24.51 | $5.81 | — | COM | 09077V100 |
| XFOR | X4 PHARMACEUTICALS INC | 224,989 (-32.9%) | $1.051M (-24.1%) | 0.6% | $4.67 | $2.58 | — | COM NEW | 98420X202 |
| CRIS | CURIS INC | 3,312,185 (-11.1%) | $1.729M (-15.2%) | 1.0% | $0.52 | $0.98 | — | COM | 231269309 |
| BOLD | BOUNDLESS BIO INC | 154,595 (-74.1%) | $386K (-41.2%) | 0.2% | $2.50 | $1.22 | — | COM | 10170A100 |
| ANTX | AN2 THERAPEUTICS INC | 551,692 (-22.7%) | $2.67M (+9.4%) | 1.5% | $4.84 | $1.18 | — | COM | 037326105 |
| MXCT | MAXCYTE INC | 751,606 (-25.2%) | $924K (+31.0%) | 0.5% | $1.23 | $1.36 | — | COM | 57777K106 |
| HELP | CYBIN INC | 129,280 (-3.6%) | $855K (+32.8%) | 0.5% | $6.61 | $6.44 | — | COM NEW | 23256X407 |
| POCI | PRECISION OPTICS CORP INC MA | 46,390 (-53.6%) | $237K (-46.1%) | 0.1% | $5.10 | $4.74 | — | COM NEW | 740294400 |
| PMVP | PMV PHARMACEUTICALS INC | 536,086 (-24.3%) | $718K (-18.2%) | 0.4% | $1.34 | $1.40 | — | COM | 69353Y103 |
| CGEN | COMPUGEN LTD | 31,387 (-69.9%) | $67,168 (-69.8%) | 0.0% | $2.14 | $1.66 | — | ORD | M25722105 |
| ZNTL | ZENTALIS PHARMACEUTICALS INC | 161,583 (-40.0%) | $784K (+24.5%) | 0.4% | $4.85 | $1.56 | — | COM | 98943L107 |
| ABEO | ABEONA THERAPEUTICS INC | 557,284 (-25.4%) | $3.444M (+3.0%) | 1.9% | $6.18 | $5.79 | — | COM NEW | 00289Y206 |
| UPB | UPSTREAM BIO INC | 33,432 (-4.5%) | $231K (-26.6%) | 0.1% | $6.92 | $23.68 | — | COM | 91678A107 |
| CNSP | CNS PHARMACEUTICALS INC | 41,573 (-31.8%) | $199K (+36.3%) | 0.1% | $4.78 | $7.00 | — | COM | 18978H508 |
| OKUR | ONKURE THERAPEUTICS INC | 130,684 (-1.4%) | $596K (+8.6%) | 0.3% | $4.56 | $2.73 | — | COM CL A | 68277Q105 |
| OVID | OVID THERAPEUTICS INC | 21,300 (-46.8%) | $57,297 (-35.5%) | 0.0% | $2.69 | $1.54 | — | COM | 690469101 |
| EVAX | EVAXION AS | 17,562 (-10.9%) | $54,442 (-25.8%) | 0.0% | $3.10 | $4.77 | — | SPONSORED ADS | 29970R303 |
| Ticker | Issuer | Shares | Value | % | Share Price | Est. Cost/Share | Unrealized @ Report Date | Class | CUSIP |
|---|---|---|---|---|---|---|---|---|---|
| KZIA | KAZIA THERAPEUTICS LTD | 345,179 | $4.86M | 2.7% | $14.08 | $6.89 | — | SPONSORED ADS | 48669G303 |
| EOLS | EVOLUS INC | 420,000 | $3.15M | 1.8% | $7.50 | $7.98 | — | CALL | 30052C107 |
| HRTX | HERON THERAPEUTICS INC | 1,000,000 | $1.5M | 0.8% | $1.50 | $1.49 | — | CALL | 427746102 |
| XERS | XERIS BIOPHARMA HOLDINGS INC | 280,000 | $2.1M | 1.2% | $7.50 | $7.21 | — | CALL | 98422E103 |
| ADMA | ADMA BIOLOGICS INC | 740,000 | $6.194M | 3.5% | $8.37 | $2.26 | — | COM | 000899104 |
| NMRA | NEUMORA THERAPEUTICS INC. | 500,000 | $1.25M | 0.7% | $2.50 | $2.46 | — | CALL | 640979100 |
| SIBN | SI BONE INC | 100,000 | $1.5M | 0.8% | $15.00 | $16.92 | — | CALL | 825704109 |
| ARDX | ARDELYX INC | 150,000 | $1.05M | 0.6% | $7.00 | — | — | CALL | 039697107 |
| DCTH | DELCATH SYS INC | 100,000 | $1M | 0.6% | $10.00 | — | — | CALL | 24661P807 |
| RADX | RADIOPHARM THERANOSTICS LTD | 51,000,000 | $671K | 0.4% | $0.01 | $0.02 | — | SPONSORED ADS | 75041J101 |
| CAMP | CAMP4 THERAPEUTICS CORP | 1,389,622 | $6.073M | 3.4% | $4.37 | $4.60 | — | COM 13469V AB 4 CAMTEK LTD NOTE 12/0 | 13463J101 |
| PCSA | PROCESSA PHARMACEUTICALS INC | 55,000 | $106K | 0.1% | $1.92 | $3.72 | — | COM SHS | 74275C403 |