CIK: 0001582844 · Show all filings
Period: Q4 2025 (← Previous)
Filing Date: Feb 17, 2026
Total Value ($000): $147,287 (100.0% shares, 0.0% debt)
| Ticker | Issuer | Shares | Value ($000) | % | Est. Cost | Unrealized | Class | CUSIP |
|---|---|---|---|---|---|---|---|---|
| NERV | MINERVA NEUROSCIENCES | 709,500 | $2,852 | 1.9% | $3.71 | 0.0% | COM NEW | 603380205 |
| TNGX | TANGO THERAPEUTICS INC | 282,732 | $2,505 | 1.7% | $8.62 | 0.0% | COM | 87583X109 |
| DSGN | DESIGN THERAPEUTICS INC | 150,906 | $1,415 | 1.0% | $7.83 | 0.0% | COM | 25056L103 |
| MAZE | MAZE THERAPEUTICS INC | 20,000 | $829 | 0.6% | $34.37 | 0.0% | COM | 578784100 |
| MLTX | MOONLAKE IMMUNOTHERAPEUTICS | 59,280 | $781 | 0.5% | $11.80 | 0.0% | CLASS A ORD | 61559X104 |
| STRO | SUTRO BIOPHARMA INC | 67,451 | $780 | 0.5% | $9.49 | 0.0% | COM | 869367201 |
| KTTA | PASITHEA THERAPEUTICS CORP | 450,000 | $581 | 0.4% | $0.88 | 0.0% | COM NEW | 70261F202 |
| Ticker | Issuer | Shares | Value ($000) | % | Est. Cost | Unrealized | Class | CUSIP |
|---|---|---|---|---|---|---|---|---|
| TERN | TERNS PHARMACEUTICALS INC | 637,095 (+26.7%) | $25,739 (+581.6%) | 17.5% | $9.17 | +152.0% | COM | 880881107 |
| PRAX | PRAXIS PRECISION MEDICINES I | 83,036 (+66.9%) | $24,474 (+828.2%) | 16.6% | $95.33 | +95.4% | COM | 74006W207 |
| CMPX | COMPASS THERAPEUTICS INC | 1,093,300 (+30.1%) | $5,871 (+99.7%) | 4.0% | $3.50 | +32.1% | COM | 20454B104 |
| JAZZ | JAZZ PHARMACEUTICALS PLC | 29,008 (+15.5%) | $4,931 (+49.0%) | 3.3% | $121.51 | +26.2% | SHS USD | G50871105 |
| Ticker | Issuer | Shares | Value ($000) | % | Est. Cost | Unrealized | Class | CUSIP |
|---|---|---|---|---|---|---|---|---|
| — | TOURMALINE BIO INC | 268,451 | $12,840 | 8.7% | $23.42 | — | — | 89157D105 |
| ASND | ASCENDIS PHA-ADR | 9,792 | $1,947 | 1.3% | $148.43 | — | — | 04351P101 |
| KRYS | KRYSTAL BIOTECH INC | 10,573 | $1,866 | 1.3% | $149.68 | +40.6% | — | 501147102 |
| COGT | COGENT BIOSCIENCES INC | 102,907 | $1,478 | 1.0% | $11.85 | +137.3% | — | 19240Q201 |
| FULC | FULCRUM THERAPEUTICS INC | 57,141 | $526 | 0.4% | $5.35 | +90.3% | — | 359616109 |
| Ticker | Issuer | Shares | Value ($000) | % | Est. Cost | Unrealized | Class | CUSIP |
|---|---|---|---|---|---|---|---|---|
| — | CIDARA THERAPEUTICS INC | 89,145 (-37.0%) | $19,691 (+45.3%) | 13.4% | $31.31 | — | COM NEW | 171757206 |
| INSM | INSMED INC | 25,878 (-32.9%) | $4,504 (-19.0%) | 3.1% | $47.04 | +287.9% | COM PAR $.01 | 457669307 |
| OCUL | OCULAR THERAPEUTIX INC | 1,052,995 (-9.6%) | $12,783 (-6.2%) | 8.7% | $6.18 | +96.5% | COM | 67576A100 |
| ARGX | ARGEN SE - ADR | 4,851 (-24.0%) | $4,079 (-13.3%) | 2.8% | $489.55 | — | SPONSORED ADR | 04016X101 |
| DNTH | DIANTHUS THERAPEUTICS INC | 16,708 (-33.2%) | $689 (-30.0%) | 0.5% | $25.56 | +51.7% | COM | 252828108 |
| Ticker | Issuer | Shares | Value ($000) | % | Est. Cost | Unrealized | Class | CUSIP |
|---|---|---|---|---|---|---|---|---|
| WHWK | WHITEHAWK THERAPEUTICS INC | 3,410,402 | $8,253 | 5.6% | $16.10 | -85.7% | COM | 00032Q104 |
| SRZN | SURROZEN INC | 178,415 | $4,032 | 2.7% | $11.57 | +39.8% | COM NEW | 86889P208 |
| DRUG | BRIGHT MINDS BIOSCIENCES INC | 84,477 | $6,593 | 4.5% | $36.75 | +81.9% | COM NEW | 10919W405 |
| TSHA | TAYSHA GENE THERAPIES INC | 454,827 | $2,502 | 1.7% | $2.17 | +123.5% | COM SHS | 877619106 |
| INBX | INHIBRX BIOSCIENCES INC | 16,377 | $1,294 | 0.9% | $24.62 | +176.8% | COM | 45720N103 |
| ZYME | ZYMEWORKS INC | 80,143 | $2,110 | 1.4% | $13.60 | +60.4% | COM | 98985Y108 |
| AMLX | AMYLYX PHARMACEUTICALS INC | 333,258 | $4,026 | 2.7% | $9.41 | +44.3% | COM | 03237H101 |
| RVMD | REVOLUTION MEDICINES INC | 8,411 | $670 | 0.5% | $24.90 | +163.3% | COM | 76155X100 |
| OCS | OCULIS HOLDING AG | 101,777 | $2,032 | 1.4% | $20.50 | -2.4% | ORDINARY SHARES | H5870P102 |
| LBRX | LB PHARMACEUTICALS INC | 30,000 | $668 | 0.5% | $15.87 | +10.1% | COM SHS | 50180M108 |
| VSTM | VERASTEM INC | 143,446 | $1,107 | 0.8% | $6.11 | +45.9% | COM NEW | 92337C203 |
| UTHR | UNITED THERAPEUTICS CORP | 2,296 | $1,119 | 0.8% | $336.31 | +38.5% | COM | 91307C102 |
| UNCY | UNICYCIVE THERAPEUTICS INC | 59,985 | $346 | 0.2% | $6.18 | -13.7% | COM | 90466Y202 |
| — | NUVATION BIO INC -CW27 | 90,832 | $30 | 0.0% | $0.28 | — | *W EXP 07/07/2027 | 67080N119 |