BML Capital Management, LLC Diversified Active

CIK: 0001616824 · Show all filings

Period: Q3 2025 (← Previous) (Next →)

Filing Date: Nov 10, 2025

Total Value ($000): $109,215 (100.0% shares, 0.0% debt)

Holdings (20)

ACRS ACLARIS THERAPEUTICS INC 24.8%

Value ($000) $27,075 Shares 14,250,000 Est. Cost $1.28 Unrealized +36.6%

AVIR ATEA PHARMACEUTICALS INC 19.8%

Value ($000) $21,674 Shares 7,473,963 Est. Cost $3.51 Unrealized -2.7%

— ADVERUM BIOTECHNOLOGIES INC 12.7%

Value ($000) $13,851 Shares 3,057,526 Est. Cost $7.99 Unrealized —

TIL INSTIL BIO INC 10.6%

Value ($000) $11,530 Shares 645,600 Est. Cost $17.47 Unrealized +45.3%

ORMP ORAMED PHARMACEUTICALS INC 7.7%

Value ($000) $8,361 Shares 3,167,231 Est. Cost $2.32 Unrealized -11.0%

PMVP PMV PHARMACEUTICALS INC 6.8%

Value ($000) $7,409 Shares 5,292,000 Est. Cost $1.49 Unrealized -6.9%

ALMS ALUMIS INC 4.4%

Value ($000) $4,830 Shares 1,210,415 Est. Cost $4.77 Unrealized -13.6%

— LAVA THERAPEUTICS NV 2.8%

Value ($000) $3,074 Shares 1,970,610 Est. Cost $1.27 Unrealized —

KZR KEZAR LIFE SCIENCES INC 2.6%

Value ($000) $2,811 Shares 720,787 Est. Cost $5.37 Unrealized -23.6%

CNTB CONNECT BIOPHARMA HLDGS LTD 1.8%

Value ($000) $1,914 Shares 1,267,500 Est. Cost $1.77 Unrealized 0.0%

IMA IMAGENEBIO INC 1.4%

Value ($000) $1,487 Shares 182,509 Est. Cost $13.25 Unrealized 0.0%

LONA ATHIRA PHARMA INC 1.2%

Value ($000) $1,337 Shares 323,066 Est. Cost $3.92 Unrealized 0.0%

ASTC ASTROTECH CORP 1.0%

Value ($000) $1,080 Shares 220,410 Est. Cost $11.26 Unrealized -53.1%

TGT TARGET CORP 0.8%

Value ($000) $897 Shares 10,000 Est. Cost $96.73 Unrealized 0.0%

VTGN VISTAGEN THERAPEUTICS INC 0.5%

Value ($000) $533 Shares 150,000 Est. Cost $4.22 Unrealized -29.2%

WMT WALMART INC 0.5%

Value ($000) $519 Shares 265 Est. Cost — Unrealized —

ARVN ARVINAS INC 0.4%

Value ($000) $426 Shares 50,000 Est. Cost $7.58 Unrealized 0.0%

LSTA LISATA THERAPEUTICS INC 0.3%

Value ($000) $288 Shares 109,841 Est. Cost $2.58 Unrealized —

— MURAL ONCOLOGY PUB LTD CO 0.1%

Value ($000) $119 Shares 57,500 Est. Cost $2.07 Unrealized —

— THIRD HARMONIC BIO INC 0.0%

Value ($000) $0 Shares 3,824,417 Est. Cost $3.47 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
ACRS	ACLARIS THERAPEUTICS INC	14,250,000	$27,075	24.8%	$1.28	+36.6%	COM	00461U105
AVIR	ATEA PHARMACEUTICALS INC	7,473,963	$21,674	19.8%	$3.51	-2.7%	COM	04683R106
—	ADVERUM BIOTECHNOLOGIES INC	3,057,526	$13,851	12.7%	$7.99	—	COM NEW	00773U207
TIL	INSTIL BIO INC	645,600	$11,530	10.6%	$17.47	+45.3%	COM NEW	45783C200
ORMP	ORAMED PHARMACEUTICALS INC	3,167,231	$8,361	7.7%	$2.32	-11.0%	COM NEW	68403P203
PMVP	PMV PHARMACEUTICALS INC	5,292,000	$7,409	6.8%	$1.49	-6.9%	COM	69353Y103
ALMS	ALUMIS INC	1,210,415	$4,830	4.4%	$4.77	-13.6%	COM	022307102
—	LAVA THERAPEUTICS NV	1,970,610	$3,074	2.8%	$1.27	—	SHS	N51517105
KZR	KEZAR LIFE SCIENCES INC	720,787	$2,811	2.6%	$5.37	-23.6%	COM NEW	49372L209
CNTB	CONNECT BIOPHARMA HLDGS LTD	1,267,500	$1,914	1.8%	$1.77	0.0%	SHS	G23549101
IMA	IMAGENEBIO INC	182,509	$1,487	1.4%	$13.25	0.0%	COM	45175G207
LONA	ATHIRA PHARMA INC	323,066	$1,337	1.2%	$3.92	0.0%	COM	04746L203
ASTC	ASTROTECH CORP	220,410	$1,080	1.0%	$11.26	-53.1%	COM	046484309
TGT	TARGET CORP	10,000	$897	0.8%	$96.73	0.0%	COM	87612E106
VTGN	VISTAGEN THERAPEUTICS INC	150,000	$533	0.5%	$4.22	-29.2%	COM	92840H400
WMT	WALMART INC	265	$519	0.5%	—	—	Put	931142103
ARVN	ARVINAS INC	50,000	$426	0.4%	$7.58	0.0%	COM	04335A105
LSTA	LISATA THERAPEUTICS INC	109,841	$288	0.3%	$2.58	—	COM	128058302
—	MURAL ONCOLOGY PUB LTD CO	57,500	$119	0.1%	$2.07	—	ORD SHS	G63365103
—	THIRD HARMONIC BIO INC	3,824,417	$0	0.0%	$3.47	—	COM	88427A107