First Light Asset Management, LLC Diversified Active

CIK: 0001600004 · Show all filings

Period: Q2 2025 (← Previous) (Next →)

Filing Date: Aug 14, 2025

Total Value ($000): $771,311 (100.0% shares, 0.0% debt)

Holdings (38)

ANAB ANAPTYS BIO INC 10.2%

Value ($000) $78,579 Shares 3,539,593 Est. Cost $17.58 Unrealized +19.0%

CNTA CENTESSA PHARMACEUTICALS LIMITED 7.3%

Value ($000) $56,415 Shares 4,293,411 Est. Cost $11.54 Unrealized —

— PERFORMANT HEALTHCARE INC 6.8%

Value ($000) $52,682 Shares 13,170,381 Est. Cost $3.56 Unrealized —

NEO NEOGENOMICS INC 6.5%

Value ($000) $50,047 Shares 6,846,432 Est. Cost $13.42 Unrealized -39.8%

AXGN AXOGEN INC 6.4%

Value ($000) $49,142 Shares 4,529,243 Est. Cost $8.82 Unrealized +48.5%

HCAT HEALTH CATALYST INC 6.0%

Value ($000) $46,108 Shares 12,230,181 Est. Cost $6.49 Unrealized -39.4%

TWST TWIST BIOSCIENCE CORPORATION 4.5%

Value ($000) $34,768 Shares 945,033 Est. Cost $45.19 Unrealized -23.5%

ATRC ATRICURE INC 4.3%

Value ($000) $33,267 Shares 1,015,170 Est. Cost $40.99 Unrealized -20.7%

SIBN SI-BONE INC 4.3%

Value ($000) $32,954 Shares 1,751,001 Est. Cost $17.75 Unrealized -6.6%

IRTC IRHYTHM TECHNOLOGIES 3.7%

Value ($000) $28,845 Shares 187,355 Est. Cost $78.57 Unrealized +64.5%

CRNX CRINETICS PHARMACEUTICALS INC 3.2%

Value ($000) $24,853 Shares 864,136 Est. Cost $22.70 Unrealized +36.0%

ORGO ORGANOGENESIS HOLDINGS INC 3.2%

Value ($000) $24,804 Shares 6,777,163 Est. Cost $3.73 Unrealized 0.0%

EWTX EDGEWISE THERAPEUTICS INC 2.9%

Value ($000) $22,471 Shares 1,714,019 Est. Cost $28.60 Unrealized -49.6%

RARE ULTRAGENYX PHARMACEUTICAL INC 2.6%

Value ($000) $19,922 Shares 547,905 Est. Cost $48.44 Unrealized -25.6%

ESTA ESTABLISHMENT LABS HOLDINGS 2.3%

Value ($000) $17,817 Shares 417,157 Est. Cost $36.82 Unrealized -5.3%

ADMA ADMA BIOLOGICS INC 2.2%

Value ($000) $17,338 Shares 952,096 Est. Cost $20.39 Unrealized 0.0%

— SENSEONICS HOLDINGS INC 2.2%

Value ($000) $17,011 Shares 35,708,124 Est. Cost $0.48 Unrealized —

KRMD KORU MEDICAL SYSTEMS INC 2.2%

Value ($000) $16,760 Shares 4,681,626 Est. Cost $2.22 Unrealized +28.1%

NPCE NEUROPACE INC 2.0%

Value ($000) $15,378 Shares 1,380,410 Est. Cost $12.52 Unrealized -0.1%

VERA VERA THERAPEUTICS INC 1.7%

Value ($000) $13,264 Shares 562,981 Est. Cost $40.72 Unrealized -44.8%

MDXG MIMEDX GROUP INC 1.5%

Value ($000) $11,777 Shares 1,927,494 Est. Cost $7.81 Unrealized -14.8%

CAI CARIS LIFE SCIENCES INC 1.5%

Value ($000) $11,249 Shares 443,043 Est. Cost $26.95 Unrealized 0.0%

BFLY BUTTERFLY NETWORK INC 1.4%

Value ($000) $10,930 Shares 5,465,032 Est. Cost $2.87 Unrealized -20.0%

— CIDARA THERAPEUTICS INC 1.1%

Value ($000) $8,798 Shares 180,615 Est. Cost $48.71 Unrealized —

EVH EVOLENT HEALTH INC 1.1%

Value ($000) $8,316 Shares 738,550 Est. Cost $11.09 Unrealized -17.2%

MASS 908 DEVICES INC 1.0%

Value ($000) $7,612 Shares 1,067,613 Est. Cost $2.96 Unrealized +87.6%

ELDN ELEDON PHARMACEUTICALS INC 0.9%

Value ($000) $7,047 Shares 2,600,498 Est. Cost $3.84 Unrealized -21.9%

GH GUARDANT HEALTH 0.9%

Value ($000) $6,706 Shares 128,868 Est. Cost $29.93 Unrealized +49.2%

INSM INSMED INC 0.8%

Value ($000) $6,330 Shares 62,901 Est. Cost $39.30 Unrealized +94.5%

SLP SIMULATIONS PLUS INC 0.8%

Value ($000) $6,232 Shares 357,157 Est. Cost $28.05 Unrealized 0.0%

XENE XENON PHARMACEUTICALS 0.8%

Value ($000) $5,896 Shares 188,367 Est. Cost $36.10 Unrealized -9.6%

RGEN REPLIGEN CORP 0.7%

Value ($000) $5,466 Shares 43,949 Est. Cost $144.04 Unrealized -11.7%

ALHC ALIGNMENT HEALTHCARE INC 0.7%

Value ($000) $5,371 Shares 383,663 Est. Cost $14.91 Unrealized +8.0%

EOLS EVOLUS INC 0.6%

Value ($000) $4,795 Shares 520,631 Est. Cost $10.23 Unrealized 0.0%

RDNT RADNET INC 0.5%

Value ($000) $3,909 Shares 68,694 Est. Cost $54.92 Unrealized 0.0%

JANX JANUX THERAPEUTICS INC 0.4%

Value ($000) $3,456 Shares 149,596 Est. Cost $44.93 Unrealized -41.4%

GPCR STRUCTURE THERAPEUTICS INC 0.3%

Value ($000) $2,535 Shares 122,226 Est. Cost $40.18 Unrealized —

LNTH LANTHEUS HOLDINGS INC 0.3%

Value ($000) $2,459 Shares 30,045 Est. Cost $87.82 Unrealized 0.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
ANAB	ANAPTYS BIO INC	3,539,593	$78,579	10.2%	$17.58	+19.0%	Common Stocks	032724106
CNTA	CENTESSA PHARMACEUTICALS LIMITED	4,293,411	$56,415	7.3%	$11.54	—	Common Stocks	152309100
—	PERFORMANT HEALTHCARE INC	13,170,381	$52,682	6.8%	$3.56	—	Common Stocks	71377E105
NEO	NEOGENOMICS INC	6,846,432	$50,047	6.5%	$13.42	-39.8%	Common Stocks	64049M209
AXGN	AXOGEN INC	4,529,243	$49,142	6.4%	$8.82	+48.5%	Common Stocks	05463X106
HCAT	HEALTH CATALYST INC	12,230,181	$46,108	6.0%	$6.49	-39.4%	Common Stocks	42225T107
TWST	TWIST BIOSCIENCE CORPORATION	945,033	$34,768	4.5%	$45.19	-23.5%	Common Stocks	90184D100
ATRC	ATRICURE INC	1,015,170	$33,267	4.3%	$40.99	-20.7%	Common Stocks	04963C209
SIBN	SI-BONE INC	1,751,001	$32,954	4.3%	$17.75	-6.6%	Common Stocks	825704109
IRTC	IRHYTHM TECHNOLOGIES	187,355	$28,845	3.7%	$78.57	+64.5%	Common Stocks	450056106
CRNX	CRINETICS PHARMACEUTICALS INC	864,136	$24,853	3.2%	$22.70	+36.0%	Common Stocks	22663K107
ORGO	ORGANOGENESIS HOLDINGS INC	6,777,163	$24,804	3.2%	$3.73	0.0%	Common Stocks	68621F102
EWTX	EDGEWISE THERAPEUTICS INC	1,714,019	$22,471	2.9%	$28.60	-49.6%	Common Stocks	28036F105
RARE	ULTRAGENYX PHARMACEUTICAL INC	547,905	$19,922	2.6%	$48.44	-25.6%	Common Stocks	90400D108
ESTA	ESTABLISHMENT LABS HOLDINGS	417,157	$17,817	2.3%	$36.82	-5.3%	Common Stocks	G31249108
ADMA	ADMA BIOLOGICS INC	952,096	$17,338	2.2%	$20.39	0.0%	Common Stocks	000899104
—	SENSEONICS HOLDINGS INC	35,708,124	$17,011	2.2%	$0.48	—	Common Stocks	81727U105
KRMD	KORU MEDICAL SYSTEMS INC	4,681,626	$16,760	2.2%	$2.22	+28.1%	Common Stocks	759910102
NPCE	NEUROPACE INC	1,380,410	$15,378	2.0%	$12.52	-0.1%	Common Stocks	641288105
VERA	VERA THERAPEUTICS INC	562,981	$13,264	1.7%	$40.72	-44.8%	Common Stocks	92337R101
MDXG	MIMEDX GROUP INC	1,927,494	$11,777	1.5%	$7.81	-14.8%	Common Stocks	602496101
CAI	CARIS LIFE SCIENCES INC	443,043	$11,249	1.5%	$26.95	0.0%	Common Stocks	142152107
BFLY	BUTTERFLY NETWORK INC	5,465,032	$10,930	1.4%	$2.87	-20.0%	Common Stocks	124155102
—	CIDARA THERAPEUTICS INC	180,615	$8,798	1.1%	$48.71	—	Common Stocks	171757206
EVH	EVOLENT HEALTH INC	738,550	$8,316	1.1%	$11.09	-17.2%	Common Stocks	30050B101
MASS	908 DEVICES INC	1,067,613	$7,612	1.0%	$2.96	+87.6%	Common Stocks	65443P102
ELDN	ELEDON PHARMACEUTICALS INC	2,600,498	$7,047	0.9%	$3.84	-21.9%	Common Stocks	28617K101
GH	GUARDANT HEALTH	128,868	$6,706	0.9%	$29.93	+49.2%	Common Stocks	40131M109
INSM	INSMED INC	62,901	$6,330	0.8%	$39.30	+94.5%	Common Stocks	457669307
SLP	SIMULATIONS PLUS INC	357,157	$6,232	0.8%	$28.05	0.0%	Common Stocks	829214105
XENE	XENON PHARMACEUTICALS	188,367	$5,896	0.8%	$36.10	-9.6%	Common Stocks	98420N105
RGEN	REPLIGEN CORP	43,949	$5,466	0.7%	$144.04	-11.7%	Common Stocks	759916109
ALHC	ALIGNMENT HEALTHCARE INC	383,663	$5,371	0.7%	$14.91	+8.0%	Common Stocks	01625V104
EOLS	EVOLUS INC	520,631	$4,795	0.6%	$10.23	0.0%	Common Stocks	30052C107
RDNT	RADNET INC	68,694	$3,909	0.5%	$54.92	0.0%	Common Stocks	750491102
JANX	JANUX THERAPEUTICS INC	149,596	$3,456	0.4%	$44.93	-41.4%	Common Stocks	47103J105
GPCR	STRUCTURE THERAPEUTICS INC	122,226	$2,535	0.3%	$40.18	—	Common Stocks	86366E106
LNTH	LANTHEUS HOLDINGS INC	30,045	$2,459	0.3%	$87.82	0.0%	Common Stocks	516544103