BOONE CAPITAL MANAGEMENT LLC Quant / Systematic

CIK: 0001882053 · Show all filings

Period: Q4 2025 (← Previous)

Filing Date: Feb 17, 2026

Total Value ($000): $318,613 (100.0% shares, 0.0% debt)

Holdings (15)

New Positions (4)

AZN ASTRAZENECA PLC 6.4%

Value ($000) $20,243 Shares 220,201 Est. Cost $91.93 Unrealized —

HQY HEALTHEQUITY INC 6.1%

Value ($000) $19,500 Shares 212,856 Est. Cost $95.73 Unrealized 0.0%

TYRA TYRA BIOSCIENCES INC 3.3%

Value ($000) $10,476 Shares 398,482 Est. Cost $18.37 Unrealized 0.0%

WVE WAVE LIFE SCIENCES LTD 1.9%

Value ($000) $5,986 Shares 352,144 Est. Cost $10.16 Unrealized 0.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
AZN	ASTRAZENECA PLC	220,201	$20,243	6.4%	$91.93	—	SPONSORED ADR	046353108
HQY	HEALTHEQUITY INC	212,856	$19,500	6.1%	$95.73	0.0%	COM	42226A107
TYRA	TYRA BIOSCIENCES INC	398,482	$10,476	3.3%	$18.37	0.0%	COM	90240B106
WVE	WAVE LIFE SCIENCES LTD	352,144	$5,986	1.9%	$10.16	0.0%	SHS	Y95308105

Increased Positions (4)

LIVN LIVANOVA PLC 5.6%

Value ($000) $17,776 (+102.1%) Shares 288,895 (+72.0%) Est. Cost $53.19 Unrealized +7.4%

BMRN BIOMARIN PHARMACEUTICAL INC 7.7%

Value ($000) $24,478 (+37.6%) Shares 411,880 (+25.4%) Est. Cost $62.88 Unrealized -13.4%

CI THE CIGNA GROUP 8.3%

Value ($000) $26,547 (+11.0%) Shares 96,453 (+16.2%) Est. Cost $291.91 Unrealized -4.3%

UNH UNITEDHEALTH GROUP INC 6.4%

Value ($000) $20,388 (+1.6%) Shares 61,762 (+6.3%) Est. Cost $372.71 Unrealized -9.5%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
LIVN	LIVANOVA PLC	288,895 (+72.0%)	$17,776 (+102.1%)	5.6%	$53.19	+7.4%	SHS	G5509L101
BMRN	BIOMARIN PHARMACEUTICAL INC	411,880 (+25.4%)	$24,478 (+37.6%)	7.7%	$62.88	-13.4%	COM	09061G101
CI	THE CIGNA GROUP	96,453 (+16.2%)	$26,547 (+11.0%)	8.3%	$291.91	-4.3%	COM	125523100
UNH	UNITEDHEALTH GROUP INC	61,762 (+6.3%)	$20,388 (+1.6%)	6.4%	$372.71	-9.5%	COM	91324P102

Exited Positions (5)

ICLR ICON PLC 5.3%

Value ($000) $16,771 Shares 95,832 Est. Cost $141.84 Unrealized +25.6%

COGT COGENT BIOSCIENCES INC 4.3%

Value ($000) $13,571 Shares 945,042 Est. Cost $11.85 Unrealized +137.3%

QURE UNIQURE NV 2.7%

Value ($000) $8,599 Shares 147,317 Est. Cost $18.16 Unrealized +112.5%

CLPT CLEARPOINT NEURO INC 1.9%

Value ($000) $6,186 Shares 283,912 Est. Cost $11.78 Unrealized +57.4%

ABEO ABEONA THERAPEUTICS INC 0.8%

Value ($000) $2,655 Shares 502,854 Est. Cost $5.69 Unrealized -11.6%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
ICLR	ICON PLC	95,832	$16,771	5.3%	$141.84	+25.6%	—	G4705A100
COGT	COGENT BIOSCIENCES INC	945,042	$13,571	4.3%	$11.85	+137.3%	—	19240Q201
QURE	UNIQURE NV	147,317	$8,599	2.7%	$18.16	+112.5%	—	N90064101
CLPT	CLEARPOINT NEURO INC	283,912	$6,186	1.9%	$11.78	+57.4%	—	18507C103
ABEO	ABEONA THERAPEUTICS INC	502,854	$2,655	0.8%	$5.69	-11.6%	—	00289Y206

Decreased Positions (5)

BBIO BRIDGEBIO PHARMA INC 4.4%

Value ($000) $14,148 (-40.8%) Shares 184,963 (-59.8%) Est. Cost $48.77 Unrealized +34.6%

MIRM MIRUM PHARMACEUTICALS INC 10.4%

Value ($000) $33,273 (-15.3%) Shares 421,236 (-21.4%) Est. Cost $30.59 Unrealized +134.7%

RAPT RAPT THERAPEUTICS INC 5.0%

Value ($000) $15,934 (-21.0%) Shares 470,456 (-39.9%) Est. Cost $13.09 Unrealized +137.3%

KOD KODIAK SCIENCES INC 4.4%

Value ($000) $14,087 (+20.2%) Shares 503,830 (-29.6%) Est. Cost $8.62 Unrealized +137.6%

NBIX NEUROCRINE BIOSCIENCES INC 6.8%

Value ($000) $21,532 (-7.8%) Shares 151,815 (-8.8%) Est. Cost $114.68 Unrealized +26.3%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
BBIO	BRIDGEBIO PHARMA INC	184,963 (-59.8%)	$14,148 (-40.8%)	4.4%	$48.77	+34.6%	COM	10806X102
MIRM	MIRUM PHARMACEUTICALS INC	421,236 (-21.4%)	$33,273 (-15.3%)	10.4%	$30.59	+134.7%	COM	604749101
RAPT	RAPT THERAPEUTICS INC	470,456 (-39.9%)	$15,934 (-21.0%)	5.0%	$13.09	+137.3%	COM NEW	75382E208
KOD	KODIAK SCIENCES INC	503,830 (-29.6%)	$14,087 (+20.2%)	4.4%	$8.62	+137.6%	COM	50015M109
NBIX	NEUROCRINE BIOSCIENCES INC	151,815 (-8.8%)	$21,532 (-7.8%)	6.8%	$114.68	+26.3%	COM	64125C109

Unchanged Positions (2)

IONS IONIS PHARMACEUTICALS INC 10.4%

Value ($000) $33,055 Shares 417,833 Est. Cost $48.82 Unrealized +54.2%

MDT MEDTRONIC PLC 12.9%

Value ($000) $41,189 Shares 428,789 Est. Cost $87.09 Unrealized +11.5%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
IONS	IONIS PHARMACEUTICALS INC	417,833	$33,055	10.4%	$48.82	+54.2%	COM	462222100
MDT	MEDTRONIC PLC	428,789	$41,189	12.9%	$87.09	+11.5%	SHS	G5960L103