First Light Asset Management, LLC Diversified Active

CIK: 0001600004 · Show all filings

Period: Q1 2025 (← Previous) (Next →)

Filing Date: May 15, 2025

Total Value ($000): $875,711 (100.0% shares, 0.0% debt)

Holdings (37)

ANAB ANAPTYSBIO INC 9.8%

Value ($000) $86,139 Shares 4,633,602 Est. Cost $17.58 Unrealized -5.1%

AXGN AXOGEN INC 9.5%

Value ($000) $82,773 Shares 4,474,215 Est. Cost $8.77 Unrealized +105.8%

CNTA CENTESSA PHARMACEUTICALS PLC 8.0%

Value ($000) $70,090 Shares 4,874,124 Est. Cost $11.54 Unrealized —

NEO NEOGENOMICS INC 6.5%

Value ($000) $57,346 Shares 6,042,822 Est. Cost $14.13 Unrealized -11.6%

TWST TWIST BIOSCIENCE CORP 5.5%

Value ($000) $47,846 Shares 1,218,699 Est. Cost $45.19 Unrealized -0.3%

HCAT HEALTH CATALYST INC 5.4%

Value ($000) $47,279 Shares 10,436,807 Est. Cost $6.93 Unrealized -23.7%

ATRC ATRICURE INC 4.8%

Value ($000) $42,413 Shares 1,314,718 Est. Cost $40.99 Unrealized -9.4%

EWTX EDGEWISE THERAPEUTICS INC 4.7%

Value ($000) $40,750 Shares 1,852,290 Est. Cost $28.60 Unrealized -8.3%

— PERFORMANT FINL CORP 4.0%

Value ($000) $34,611 Shares 11,693,033 Est. Cost $3.50 Unrealized —

IRTC IRHYTHM TECHNOLOGIES INC 3.9%

Value ($000) $34,026 Shares 325,046 Est. Cost $78.57 Unrealized +34.8%

CRNX CRINETICS PHARMACEUTICALS IN 3.3%

Value ($000) $28,691 Shares 855,419 Est. Cost $22.62 Unrealized +65.1%

VERA VERA THERAPEUTICS INC 3.2%

Value ($000) $28,245 Shares 1,175,879 Est. Cost $40.72 Unrealized -21.1%

MDXG MIMEDX GROUP INC 3.0%

Value ($000) $26,243 Shares 3,453,074 Est. Cost $7.81 Unrealized +7.0%

RARE ULTRAGENYX PHARMACEUTICAL IN 2.6%

Value ($000) $22,886 Shares 632,033 Est. Cost $48.44 Unrealized -14.1%

SIBN SI-BONE INC 2.6%

Value ($000) $22,622 Shares 1,612,408 Est. Cost $17.85 Unrealized -9.6%

XENE XENON PHARMACEUTICALS INC 2.4%

Value ($000) $21,066 Shares 627,904 Est. Cost $36.10 Unrealized +5.2%

NPCE NEUROPACE INC 2.2%

Value ($000) $19,468 Shares 1,584,048 Est. Cost $12.52 Unrealized 0.0%

ALHC ALIGNMENT HEALTHCARE INC 2.0%

Value ($000) $17,809 Shares 956,441 Est. Cost $14.91 Unrealized 0.0%

JANX JANUX THERAPEUTICS INC 2.0%

Value ($000) $17,788 Shares 658,824 Est. Cost $44.93 Unrealized -16.1%

ESTA ESTABLISHMENT LABS HLDGS INC 1.6%

Value ($000) $13,746 Shares 336,870 Est. Cost $37.28 Unrealized 0.0%

BFLY BUTTERFLY NETWORK INC 1.4%

Value ($000) $12,553 Shares 5,505,649 Est. Cost $2.87 Unrealized +24.6%

GH GUARDANT HEALTH INC 1.3%

Value ($000) $11,549 Shares 271,115 Est. Cost $29.93 Unrealized +44.1%

KRMD KORU MEDICAL SYSTEMS INC 1.3%

Value ($000) $11,316 Shares 4,454,926 Est. Cost $2.19 Unrealized +69.9%

RGEN REPLIGEN CORP 1.3%

Value ($000) $11,178 Shares 87,850 Est. Cost $144.04 Unrealized +6.9%

ELDN ELEDON PHARMACEUTICALS INC 0.9%

Value ($000) $7,895 Shares 2,328,768 Est. Cost $3.94 Unrealized +4.4%

MASS 908 DEVICES INC 0.9%

Value ($000) $7,621 Shares 1,701,095 Est. Cost $2.96 Unrealized 0.0%

TMDX TRANSMEDICS GROUP INC 0.8%

Value ($000) $7,257 Shares 107,860 Est. Cost $61.26 Unrealized +12.3%

OSCR OSCAR HEALTH INC 0.8%

Value ($000) $6,847 Shares 522,302 Est. Cost $10.57 Unrealized +40.5%

— PARAGON 28 INC 0.7%

Value ($000) $6,530 Shares 500,000 Est. Cost $9.88 Unrealized —

EVH EVOLENT HEALTH INC 0.6%

Value ($000) $5,544 Shares 585,436 Est. Cost $11.58 Unrealized -12.8%

INSM INSMED INC 0.6%

Value ($000) $5,199 Shares 68,153 Est. Cost $39.30 Unrealized +94.6%

TNDM TANDEM DIABETES CARE INC 0.5%

Value ($000) $4,699 Shares 245,257 Est. Cost $40.52 Unrealized -27.8%

PODD INSULET CORP 0.5%

Value ($000) $4,470 Shares 17,022 Est. Cost $184.61 Unrealized +46.6%

PCVX VAXCYTE INC 0.4%

Value ($000) $3,565 Shares 94,420 Est. Cost $79.95 Unrealized 0.0%

— SENSEONICS HLDGS INC 0.3%

Value ($000) $3,056 Shares 4,657,505 Est. Cost $0.52 Unrealized —

— DIREXION DAILY S&P BIOTECH BEAR 3X SHARES 0.3%

Value ($000) $2,303 Shares 140,282 Est. Cost $16.42 Unrealized —

GPCR STRUCTURE THERAPEUTICS INC 0.3%

Value ($000) $2,291 Shares 132,380 Est. Cost $40.18 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
ANAB	ANAPTYSBIO INC	4,633,602	$86,139	9.8%	$17.58	-5.1%	Common Stocks	032724106
AXGN	AXOGEN INC	4,474,215	$82,773	9.5%	$8.77	+105.8%	Common Stocks	05463X106
CNTA	CENTESSA PHARMACEUTICALS PLC	4,874,124	$70,090	8.0%	$11.54	—	Common Stocks	152309100
NEO	NEOGENOMICS INC	6,042,822	$57,346	6.5%	$14.13	-11.6%	Common Stocks	64049M209
TWST	TWIST BIOSCIENCE CORP	1,218,699	$47,846	5.5%	$45.19	-0.3%	Common Stocks	90184D100
HCAT	HEALTH CATALYST INC	10,436,807	$47,279	5.4%	$6.93	-23.7%	Common Stocks	42225T107
ATRC	ATRICURE INC	1,314,718	$42,413	4.8%	$40.99	-9.4%	Common Stocks	04963C209
EWTX	EDGEWISE THERAPEUTICS INC	1,852,290	$40,750	4.7%	$28.60	-8.3%	Common Stocks	28036F105
—	PERFORMANT FINL CORP	11,693,033	$34,611	4.0%	$3.50	—	Common Stocks	71377E105
IRTC	IRHYTHM TECHNOLOGIES INC	325,046	$34,026	3.9%	$78.57	+34.8%	Common Stocks	450056106
CRNX	CRINETICS PHARMACEUTICALS IN	855,419	$28,691	3.3%	$22.62	+65.1%	Common Stocks	22663K107
VERA	VERA THERAPEUTICS INC	1,175,879	$28,245	3.2%	$40.72	-21.1%	Common Stocks	92337R101
MDXG	MIMEDX GROUP INC	3,453,074	$26,243	3.0%	$7.81	+7.0%	Common Stocks	602496101
RARE	ULTRAGENYX PHARMACEUTICAL IN	632,033	$22,886	2.6%	$48.44	-14.1%	Common Stocks	90400D108
SIBN	SI-BONE INC	1,612,408	$22,622	2.6%	$17.85	-9.6%	Common Stocks	825704109
XENE	XENON PHARMACEUTICALS INC	627,904	$21,066	2.4%	$36.10	+5.2%	Common Stocks	98420N105
NPCE	NEUROPACE INC	1,584,048	$19,468	2.2%	$12.52	0.0%	Common Stocks	641288105
ALHC	ALIGNMENT HEALTHCARE INC	956,441	$17,809	2.0%	$14.91	0.0%	Common Stocks	01625V104
JANX	JANUX THERAPEUTICS INC	658,824	$17,788	2.0%	$44.93	-16.1%	Common Stocks	47103J105
ESTA	ESTABLISHMENT LABS HLDGS INC	336,870	$13,746	1.6%	$37.28	0.0%	Common Stocks	G31249108
BFLY	BUTTERFLY NETWORK INC	5,505,649	$12,553	1.4%	$2.87	+24.6%	Common Stocks	124155102
GH	GUARDANT HEALTH INC	271,115	$11,549	1.3%	$29.93	+44.1%	Common Stocks	40131M109
KRMD	KORU MEDICAL SYSTEMS INC	4,454,926	$11,316	1.3%	$2.19	+69.9%	Common Stocks	759910102
RGEN	REPLIGEN CORP	87,850	$11,178	1.3%	$144.04	+6.9%	Common Stocks	759916109
ELDN	ELEDON PHARMACEUTICALS INC	2,328,768	$7,895	0.9%	$3.94	+4.4%	Common Stocks	28617K101
MASS	908 DEVICES INC	1,701,095	$7,621	0.9%	$2.96	0.0%	Common Stocks	65443P102
TMDX	TRANSMEDICS GROUP INC	107,860	$7,257	0.8%	$61.26	+12.3%	Common Stocks	89377M109
OSCR	OSCAR HEALTH INC	522,302	$6,847	0.8%	$10.57	+40.5%	Common Stocks	687793109
—	PARAGON 28 INC	500,000	$6,530	0.7%	$9.88	—	Common Stocks	69913P105
EVH	EVOLENT HEALTH INC	585,436	$5,544	0.6%	$11.58	-12.8%	Common Stocks	30050B101
INSM	INSMED INC	68,153	$5,199	0.6%	$39.30	+94.6%	Common Stocks	457669307
TNDM	TANDEM DIABETES CARE INC	245,257	$4,699	0.5%	$40.52	-27.8%	Common Stocks	875372203
PODD	INSULET CORP	17,022	$4,470	0.5%	$184.61	+46.6%	Common Stocks	45784P101
PCVX	VAXCYTE INC	94,420	$3,565	0.4%	$79.95	0.0%	Common Stocks	92243G108
—	SENSEONICS HLDGS INC	4,657,505	$3,056	0.3%	$0.52	—	Common Stocks	81727U105
—	DIREXION DAILY S&P BIOTECH BEAR 3X SHARES	140,282	$2,303	0.3%	$16.42	—	Common Stocks	25490K745
GPCR	STRUCTURE THERAPEUTICS INC	132,380	$2,291	0.3%	$40.18	—	Common Stocks	86366E106