ACORN CAPITAL ADVISORS, LLC Long-Term Concentrated

Location: New York, NY

CIK: 0002054410 · Show all filings

Period: Q4 2025 (← Previous) (Next →)

Filing Date: Feb 17, 2026

Total Value: $295M (100.0% shares, 0.0% debt)

Holdings (21)

TERN TERNS PHARMACEUTICALS INC 23.9%

Value $70.55M Shares 1,746,264 Est. Cost $6.77 Unrealized +241.3%

CGON CG ONCOLOGY INC 15.9%

Value $46.98M Shares 1,131,501 Est. Cost $34.21 Unrealized +21.0%

URGN UROGEN PHARMA LTD 11.5%

Value $33.92M Shares 1,448,420 Est. Cost $13.24 Unrealized +63.9%

TRVI TREVI THERAPEUTICS INC 9.1%

Value $26.85M Shares 2,144,844 Est. Cost $3.31 Unrealized +249.6%

PBYI PUMA BIOTECHNOLOGY INC 8.3%

Value $24.58M Shares 4,131,299 Est. Cost $2.92 Unrealized +81.7%

CADL CANDEL THERAPEUTICS INC 4.9%

Value $14.58M Shares 2,580,517 Est. Cost $5.97 Unrealized -9.9%

HELP CYBIN INC 4.4%

Value $12.87M Shares 1,573,023 Est. Cost $8.17 Unrealized -21.2%

VSTM VERASTEM INC 3.8%

Value $11.34M Shares 1,469,153 Est. Cost $6.27 Unrealized +42.1%

BCAX BICARA THERAPEUTICS 3.7%

Value $10.83M Shares 643,382 Est. Cost $20.81 Unrealized -17.9%

TARA PROTARA THERAPEUTICS INC 3.2%

Value $9.339M Shares 1,752,115 Est. Cost $3.29 Unrealized +69.0%

OKUR ONKURE THERAPEUTICS INC 2.8%

Value $8.235M Shares 2,839,674 Est. Cost $8.97 Unrealized -66.6%

CRDF CARDIF ONCOLOGY INC 1.9%

Value $5.513M Shares 1,962,084 Est. Cost $3.02 Unrealized -23.2%

LONA ATHIRA PHARMA INC. 1.3%

Value $3.798M Shares 501,739 Est. Cost $4.58 Unrealized 0.0%

JSPR JASPER THERAPEUTICS 1.1%

Value $3.269M Shares 1,786,492 Est. Cost $2.80 Unrealized -28.3%

AURA AURA BIOSCIENCES INC 1.1%

Value $3.247M Shares 595,744 Est. Cost $7.57 Unrealized -21.5%

WHWK WHITEHAWK THERAPEUTICS INC 0.9%

Value $2.757M Shares 1,139,363 Est. Cost $2.27 Unrealized +1.3%

BCAB BIOATLA INC 0.9%

Value $2.756M Shares 4,835,111 Est. Cost $1.47 Unrealized -46.6%

QTTB Q32 BIO INC. 0.6%

Value $1.638M Shares 493,425 Est. Cost $31.58 Unrealized -91.0%

— X4 PHARMACEUTICALS INC 0.4%

Value $1.093M Shares 273,349 Est. Cost $1.91 Unrealized —

ACRV ACRIVON THERAPEUTICS INC 0.3%

Value $977K Shares 405,237 Est. Cost $7.27 Unrealized -70.1%

VYNE VYNE THERAPEUTICS INC 0.0%

Value $827 Shares 1,425 Est. Cost $2.55 Unrealized -84.3%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
TERN	TERNS PHARMACEUTICALS INC	1,746,264	$70.55M	23.9%	$6.77	+241.3%	COM	880881107
CGON	CG ONCOLOGY INC	1,131,501	$46.98M	15.9%	$34.21	+21.0%	COM	156944100
URGN	UROGEN PHARMA LTD	1,448,420	$33.92M	11.5%	$13.24	+63.9%	COM	M96088105
TRVI	TREVI THERAPEUTICS INC	2,144,844	$26.85M	9.1%	$3.31	+249.6%	COM	89532M101
PBYI	PUMA BIOTECHNOLOGY INC	4,131,299	$24.58M	8.3%	$2.92	+81.7%	COM	74587V107
CADL	CANDEL THERAPEUTICS INC	2,580,517	$14.58M	4.9%	$5.97	-9.9%	COM	137404109
HELP	CYBIN INC	1,573,023	$12.87M	4.4%	$8.17	-21.2%	COM NEW	23256X407
VSTM	VERASTEM INC	1,469,153	$11.34M	3.8%	$6.27	+42.1%	COM	92337C203
BCAX	BICARA THERAPEUTICS	643,382	$10.83M	3.7%	$20.81	-17.9%	COM	055477103
TARA	PROTARA THERAPEUTICS INC	1,752,115	$9.339M	3.2%	$3.29	+69.0%	COM STK	74365U107
OKUR	ONKURE THERAPEUTICS INC	2,839,674	$8.235M	2.8%	$8.97	-66.6%	CLASS A COM	68277Q105
CRDF	CARDIF ONCOLOGY INC	1,962,084	$5.513M	1.9%	$3.02	-23.2%	COM	14147L108
LONA	ATHIRA PHARMA INC.	501,739	$3.798M	1.3%	$4.58	0.0%	COMMON STOCK	04746L203
JSPR	JASPER THERAPEUTICS	1,786,492	$3.269M	1.1%	$2.80	-28.3%	COM	471871202
AURA	AURA BIOSCIENCES INC	595,744	$3.247M	1.1%	$7.57	-21.5%	COM	05153U107
WHWK	WHITEHAWK THERAPEUTICS INC	1,139,363	$2.757M	0.9%	$2.27	+1.3%	COM	00032Q104
BCAB	BIOATLA INC	4,835,111	$2.756M	0.9%	$1.47	-46.6%	COM	09077B104
QTTB	Q32 BIO INC.	493,425	$1.638M	0.6%	$31.58	-91.0%	COM	746964105
—	X4 PHARMACEUTICALS INC	273,349	$1.093M	0.4%	$1.91	—	COM	98420X103
ACRV	ACRIVON THERAPEUTICS INC	405,237	$977K	0.3%	$7.27	-70.1%	COMMON STOCK	004890109
VYNE	VYNE THERAPEUTICS INC	1,425	$827	0.0%	$2.55	-84.3%	COM	92941V308