CIK: 0001617201 · Show all filings
Period: Q4 2025 (← Previous)
Filing Date: Feb 13, 2026
Total Value ($000): $483,927 (100.0% shares, 0.0% debt)
| Ticker | Issuer | Shares | Value ($000) | % | Est. Cost | Unrealized | Class | CUSIP |
|---|---|---|---|---|---|---|---|---|
| NKTR | NEKTAR THERAPEUTICS | 554,633 | $23,450 | 4.8% | $55.96 | 0.0% | COM NEW | 640268306 |
| VEEV | VEEVA SYS INC | 90,133 | $20,120 | 4.2% | $265.35 | 0.0% | CL A COM | 922475108 |
| PHR | PHREESIA INC | 977,152 | $16,533 | 3.4% | $20.63 | 0.0% | COM | 71944F106 |
| AVTR | AVANTOR INC | 898,499 | $10,297 | 2.1% | $12.31 | 0.0% | COM | 05352A100 |
| LH | LABCORP HOLDINGS INC | 34,532 | $8,663 | 1.8% | $265.14 | 0.0% | COM SHS | 504922105 |
| WGS | GENEDX HOLDINGS CORP | 55,000 | $7,153 | 1.5% | $137.25 | 0.0% | COM CL A | 81663L200 |
| ALNY | ALNYLAM PHARMACEUTICALS INC | 17,109 | $6,803 | 1.4% | $442.56 | 0.0% | COM | 02043Q107 |
| TERN | TERNS PHARMACEUTICALS INC | 95,000 | $3,838 | 0.8% | $23.11 | 0.0% | COM | 880881107 |
| ABVX | ABIVAX SA | 17,000 | $2,293 | 0.5% | $134.85 | — | SPONSORED ADS | 00370M103 |
| ACET | ADICET BIO INC | 250,244 | $2,107 | 0.4% | $11.05 | 0.0% | COM NEW | 007002207 |
| TEM | TEMPUS AI INC | 35,000 | $2,067 | 0.4% | $78.23 | 0.0% | CL A | 88023B103 |
| Ticker | Issuer | Shares | Value ($000) | % | Est. Cost | Unrealized | Class | CUSIP |
|---|---|---|---|---|---|---|---|---|
| PRCT | PROCEPT BIOROBOTICS CORP | 1,380,000 (+1692.4%) | $43,415 (+1480.0%) | 9.0% | $33.86 | -2.1% | COM | 74276L105 |
| BSX | BOSTON SCIENTIFIC CORP | 210,000 (+176.0%) | $20,024 (+169.5%) | 4.1% | $100.04 | -2.0% | COM | 101137107 |
| JANX | JANUX THERAPEUTICS INC | 2,392,523 (+176.5%) | $33,017 (+56.1%) | 6.8% | $29.10 | -19.2% | COM | 47103J105 |
| CON | CONCENTRA GROUP HOLDINGS PAR | 891,030 (+46.1%) | $17,535 (+37.3%) | 3.6% | $20.82 | -4.1% | COMMON STOCK | 20603L102 |
| SEM | SELECT MED HLDGS CORP | 1,035,086 (+18.3%) | $15,371 (+36.8%) | 3.2% | $14.11 | -0.1% | COM | 81619Q105 |
| PLRX | PLIANT THERAPEUTICS INC | 1,555,744 (+7493.8%) | $1,898 (+6159.7%) | 0.4% | $1.53 | -1.5% | COM | 729139105 |
| OKUR | ONKURE THERAPEUTICS INC | 816,909 (+204.9%) | $2,369 (+221.5%) | 0.5% | $4.07 | -26.5% | COM CL A | 68277Q105 |
| TBI | TRUEBLUE INC | 442,554 (+456.8%) | $2,014 (+313.3%) | 0.4% | $5.35 | -4.0% | COM | 89785X101 |
| CRBP | CORBUS PHARMACEUTICALS HLDGS | 683,872 (+99.1%) | $5,567 (+28.1%) | 1.2% | $16.35 | -24.5% | COM NEW | 21833P301 |
| ADCT | ADC THERAPEUTICS SA | 8,477,338 (+13.5%) | $29,925 (+0.1%) | 6.2% | $3.23 | +25.8% | SHS | H0036K147 |
| Ticker | Issuer | Shares | Value ($000) | % | Est. Cost | Unrealized | Class | CUSIP |
|---|---|---|---|---|---|---|---|---|
| ISRG | INTUITIVE SURGICAL INC | 48,711 | $21,785 | 4.5% | $479.87 | +10.9% | — | 46120E602 |
| DXCM | DEXCOM INC | 195,217 | $13,136 | 2.7% | $78.87 | -18.0% | — | 252131107 |
| — | CORCEPT THERAPEUTICS INC | 147,800 | $12,284 | 2.5% | — | — | CALL | 218352902 |
| BHVN | BIOHAVEN LTD | 600,000 | $9,006 | 1.9% | $20.40 | -39.3% | — | G1110E107 |
| VRTX | VERTEX PHARMACEUTICALS INC | 20,500 | $8,029 | 1.7% | $417.92 | +3.1% | — | 92532F100 |
| ACHC | ACADIA HEALTHCARE COMPANY IN | 250,000 | $6,190 | 1.3% | $41.81 | -54.7% | — | 00404A109 |
| ALGN | ALIGN TECHNOLOGY INC | 19,442 | $2,435 | 0.5% | $156.63 | -8.5% | — | 016255101 |
| ARGX | ARGENX SE | 3,300 | $2,434 | 0.5% | $576.53 | — | — | 04016X101 |
| TWST | TWIST BIOSCIENCE CORP | 75,000 | $2,111 | 0.4% | $30.29 | +3.0% | — | 90184D100 |
| — | AKERO THERAPEUTICS INC | 39,072 | $1,855 | 0.4% | $47.48 | — | — | 00973Y108 |
| CTMX | CYTOMX THERAPEUTICS INC | 564,800 | $1,802 | 0.4% | $1.23 | +209.8% | — | 23284F105 |
| SGHT | SIGHT SCIENCES INC | 439,941 | $1,513 | 0.3% | $5.64 | +13.3% | — | 82657M105 |
| SDGR | SCHRODINGER INC | 34,830 | $699 | 0.1% | $20.09 | -5.6% | — | 80810D103 |
| PRTA | PROTHENA CORP PLC | 20,000 | $195 | 0.0% | $26.88 | -62.1% | — | G72800108 |
| ACTU | ACTUATE THERAPEUTICS ORD | 885 | $6 | 0.0% | $7.25 | -5.2% | — | 005083100 |
| Ticker | Issuer | Shares | Value ($000) | % | Est. Cost | Unrealized | Class | CUSIP |
|---|---|---|---|---|---|---|---|---|
| BBIO | BRIDGEBIO PHARMA INC | 30,000 (-88.7%) | $2,295 (-83.3%) | 0.5% | $30.67 | +114.0% | COM | 10806X102 |
| MGTX | MEIRAGTX HLDGS PLC | 3,209,788 (-21.5%) | $25,518 (-24.2%) | 5.3% | $6.93 | +19.9% | COM | G59665102 |
| ROIV | ROIVANT SCIENCES LTD | 627,162 (-53.0%) | $13,609 (-32.6%) | 2.8% | $10.80 | +82.7% | SHS | G76279101 |
| IMVT | IMMUNOVANT INC | 243,404 (-65.2%) | $6,187 (-45.0%) | 1.3% | $23.65 | -5.7% | COM | 45258J102 |
| GLPG | GALAPAGOS NV | 1,074,112 (-6.6%) | $35,123 (-11.8%) | 7.3% | $33.19 | — | SPON ADR | 36315X101 |
| STTK | SHATTUCK LABS INC | 2,381,502 (-56.3%) | $8,692 (-33.3%) | 1.8% | $5.19 | -54.1% | COM | 82024L103 |
| KIDS | ORTHOPEDIATRICS CORP | 136,741 (-55.7%) | $2,429 (-57.5%) | 0.5% | $20.84 | -16.0% | COM | 68752L100 |
| FOLD | AMICUS THERAPEUTICS INC | 1,150,000 (-32.7%) | $16,376 (+21.6%) | 3.4% | $7.87 | +24.9% | COM | 03152W109 |
| CDNA | CAREDX INC | 250,000 (-50.4%) | $4,710 (-35.7%) | 1.0% | $17.83 | -6.0% | COM | 14167L103 |
| KURA | KURA ONCOLOGY INC | 2,529,600 (-8.3%) | $26,283 (+7.7%) | 5.4% | $9.51 | +10.3% | COM | 50127T109 |
| RCKT | ROCKET PHARMACEUTICALS INC | 743,942 (-41.3%) | $2,611 (-36.8%) | 0.5% | $13.68 | -75.0% | COM | 77313F106 |
| SNDX | SYNDAX PHARMACEUTICALS INC | 665,000 (-33.7%) | $13,972 (-9.5%) | 2.9% | $16.38 | +6.5% | COM | 87164F105 |
| CRNX | CRINETICS PHARMACEUTICALS IN | 262,904 (-20.0%) | $12,238 (-10.6%) | 2.5% | $30.98 | +43.7% | COM | 22663K107 |
| ZYME | ZYMEWORKS INC | 530,393 (-29.2%) | $13,965 (+9.1%) | 2.9% | $10.69 | +104.1% | COM | 98985Y108 |
| TECX | TECTONIC THERAPEUTIC INC | 235,000 (-38.0%) | $4,902 (-17.6%) | 1.0% | $31.39 | -40.8% | COM | 878972108 |
| RNTX | REIN THERAPEUTICS INC | 442,600 (-22.1%) | $513 (-21.0%) | 0.1% | $2.99 | -53.9% | COM NEW | 00887A204 |
| Ticker | Issuer | Shares | Value ($000) | % | Est. Cost | Unrealized | Class | CUSIP |
|---|---|---|---|---|---|---|---|---|
| ICLR | ICON PLC | 110,000 | $20,044 | 4.1% | $194.71 | -8.5% | SHS | G4705A100 |