ADAR1 Capital Management

ADAR1 Capital Management as of Dec. 31, 2025

Portfolio Holdings for ADAR1 Capital Management

ADAR1 Capital Management holds 256 positions in its portfolio as reported in the December 2025 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Abivax Sa Sponsored Ads (ABVX) 12.9 $178M 1.3M 134.85
Protagonist Therapeutics (PTGX) 6.6 $92M 1.0M 87.34
Roivant Sciences SHS (ROIV) 5.4 $74M 3.4M 21.70
Immunovant (IMVT) 4.6 $63M 2.5M 25.42
Avidity Biosciences Ord (RNA) 2.9 $39M 547k 72.13
Ea Series Trust Alpha Arch 1-3 (BOXX) 2.8 $39M 337k 115.10
Spdr S&p 500 Etf Tr Tr Unit (SPY) 2.7 $37M 55k 681.92
Cytokinetics Com New (CYTK) 2.5 $34M 540k 63.54
Septerna (SEPN) 2.3 $32M 1.2M 27.88
Arbutus Biopharma (ABUS) 1.9 $26M 5.4M 4.81
Perceptive Cap Solutions Cor Cl A Ord Shs (PCSC) 1.8 $26M 2.0M 13.03
Zai Lab Adr (ZLAB) 1.6 $22M 1.2M 17.64
Terns Pharmaceuticals (TERN) 1.6 $22M 542k 40.40
Cytomx Therapeutics (CTMX) 1.3 $18M 4.3M 4.26
Celldex Therapeutics Com New (CLDX) 1.3 $18M 647k 27.16
Rapt Therapeutics Com New (RAPT) 1.2 $17M 510k 33.87
Inhibikase Therapeutics Com New (IKT) 1.2 $17M 8.1M 2.05
Bridgebio Pharma (BBIO) 1.2 $16M 213k 76.49
Monopar Therapeutics Com New (MNPR) 1.1 $15M 234k 65.30
Fulcrum Therapeutics (FULC) 1.1 $15M 1.3M 11.31
Vaxcyte (PCVX) 1.1 $15M 316k 46.14
Crinetics Pharmaceuticals In (CRNX) 1.0 $14M 309k 46.55
Prothena Corp SHS (PRTA) 1.0 $14M 1.5M 9.55
Lexeo Therapeutics (LXEO) 1.0 $14M 1.4M 9.93
Taysha Gene Therapies Com Shs (TSHA) 1.0 $14M 2.5M 5.50
Cidara Therapeutics Com New (CDTX) 1.0 $13M 60k 220.89
Inventiva Sa Ads (IVA) 0.9 $13M 2.7M 4.65
Establishment Labs Holdings Ord (ESTA) 0.9 $13M 171k 72.88
Spdr Series Trust State Street Spd (BIL) 0.9 $12M 136k 91.38
Replimune Group (REPL) 0.9 $12M 1.3M 9.72
Ionis Pharmaceuticals (IONS) 0.8 $12M 147k 79.11
Revolution Medicines (RVMD) 0.8 $12M 145k 79.65
Amylyx Pharmaceuticals (AMLX) 0.8 $11M 890k 12.08
Cg Oncology (CGON) 0.8 $11M 258k 41.52
Aa Mission Acquisition Corp Ord Shs Cl A 0.8 $11M 983k 10.67
Teleflex Incorporated (TFX) 0.7 $9.8M 81k 122.04
Ishares Tr Russell 2000 Etf Put Option (IWM) 0.7 $9.7M 40k 246.16
Adagio Therapeutics (IVVD) 0.7 $9.6M 3.9M 2.47
Regeneron Pharmaceuticals (REGN) 0.7 $9.3M 12k 771.87
Xenon Pharmaceuticals (XENE) 0.7 $9.1M 204k 44.82
Equillium (EQ) 0.6 $8.7M 5.6M 1.55
Savara (SVRA) 0.6 $8.5M 1.4M 6.03
Maze Therapeatics (MAZE) 0.5 $7.4M 180k 41.43
Teva Pharmaceutical Inds Sponsored Ads (TEVA) 0.5 $7.4M 236k 31.21
Crescent Biopharma (CBIO) 0.5 $7.2M 606k 11.86
Ovid Therapeutics (OVID) 0.5 $7.0M 4.3M 1.63
Belite Bio Sponsored Ads (BLTE) 0.5 $6.4M 40k 159.96
Uniqure Nv SHS (QURE) 0.5 $6.3M 265k 23.93
Vertex Pharmaceuticals Incorporated (VRTX) 0.5 $6.2M 14k 453.36
Brighthouse Finl (BHF) 0.4 $6.2M 96k 64.79
Anteris Technologies Global (AVR) 0.4 $6.2M 1.2M 4.99
Protara Therapeutics Com Stk (TARA) 0.4 $6.1M 1.1M 5.33
Danaher Corporation (DHR) 0.4 $5.9M 26k 228.92
Eliem Therapeutics (CLYM) 0.4 $5.7M 1.4M 4.00
Rhythm Pharmaceuticals (RYTM) 0.4 $5.5M 51k 107.04
Oaktree Acquisition Corp Iii Unit 10/04/2029 (OACCU) 0.4 $5.5M 517k 10.62
Ascendis Pharma A/s Sponsored Adr (ASND) 0.4 $5.4M 25k 213.24
Agios Pharmaceuticals (AGIO) 0.4 $5.1M 188k 27.22
Spruce Biosciences Com New (SPRB) 0.4 $5.1M 58k 87.11
Mineralys Therapeutics (MLYS) 0.4 $4.9M 136k 36.29
Krystal Biotech (KRYS) 0.4 $4.9M 20k 246.54
Palisade Bio (PALI) 0.3 $4.7M 2.0M 2.35
Silverback Therapeutics (SPRY) 0.3 $4.3M 370k 11.65
Biogen Idec (BIIB) 0.3 $4.3M 24k 175.99
Newamsterdam Pharma Company Ordinary Shares (NAMS) 0.3 $4.2M 119k 35.08
American Exceptionalism Acqu Ord Cl A (AEXA) 0.3 $4.1M 358k 11.39
Urogen Pharma (URGN) 0.3 $3.9M 165k 23.42
Arrowhead Pharmaceuticals (ARWR) 0.3 $3.9M 58k 66.39
Atai Beckley Nv SHS 0.3 $3.7M 913k 4.09
Corvus Pharmaceuticals (CRVS) 0.3 $3.6M 466k 7.70
Janux Therapeutics (JANX) 0.2 $3.4M 246k 13.80
Monte Rosa Therapeutics (GLUE) 0.2 $3.4M 216k 15.68
Avadel Pharmaceuticals Com Shs (AVDL) 0.2 $3.2M 151k 21.55
Contineum Therapeutics Cl A (CTNM) 0.2 $3.2M 279k 11.43
Evommune Com Shs (EVMN) 0.2 $3.2M 184k 17.12
Fractyl Health Call Option (GUTS) 0.2 $3.1M 1.4M 2.20
Sanofi Sa Sponsored Adr (SNY) 0.2 $3.1M 64k 48.46
Scholar Rock Hldg Corp (SRRK) 0.2 $3.1M 70k 44.05
Nektar Therapeutics Com New (NKTR) 0.2 $3.0M 72k 42.28
Zura Bio Class A Ord Shs (ZURA) 0.2 $2.9M 562k 5.24
Onkure Therapeutics Com Cl A (OKUR) 0.2 $2.9M 1.0M 2.90
Athira Pharma 0.2 $2.9M 394k 7.34
Bridgebio Oncology Therapeut Com New (BBOT) 0.2 $2.8M 226k 12.52
Eledon Pharmaceuticals (ELDN) 0.2 $2.8M 1.8M 1.51
Engene Holdings (ENGN) 0.2 $2.7M 304k 9.03
Inovio Pharmaceuticals Com Shs (INO) 0.2 $2.7M 1.6M 1.74
Dynavax Technologies Corp Com New (DVAX) 0.2 $2.6M 170k 15.38
Miragen Therapeutics (VRDN) 0.2 $2.4M 77k 31.12
Pharvaris N V (PHVS) 0.2 $2.4M 86k 27.75
Corbus Pharmaceuticals Hldgs Com New (CRBP) 0.2 $2.3M 287k 8.14
Astria Therapeutics 0.2 $2.3M 174k 13.09
Delcath Sys Com New (DCTH) 0.2 $2.3M 224k 10.10
Edgewise Therapeutics (EWTX) 0.2 $2.3M 91k 24.82
Acasti Pharma (GRCE) 0.2 $2.2M 642k 3.46
Gossamer Bio (GOSS) 0.2 $2.2M 711k 3.10
Regenxbio Inc equity us cm (RGNX) 0.2 $2.1M 145k 14.40
Arcellx Common Stock (ACLX) 0.1 $2.1M 32k 65.20
Olema Pharmaceuticals (OLMA) 0.1 $2.0M 81k 25.00
Masimo Corporation (MASI) 0.1 $2.0M 15k 130.06
Cybin Com New (HELP) 0.1 $2.0M 238k 8.18
Soleno Therapeutics (SLNO) 0.1 $1.9M 42k 46.30
Acumen Pharmaceuticals (ABOS) 0.1 $1.9M 891k 2.11
Aclaris Therapeutics (ACRS) 0.1 $1.8M 614k 3.01
Pfizer (PFE) 0.1 $1.8M 72k 24.90
Bioage Labs (BIOA) 0.1 $1.8M 136k 13.23
Alkermes SHS (ALKS) 0.1 $1.8M 64k 27.98
Globus Med Cl A (GMED) 0.1 $1.8M 20k 87.31
Alector (ALEC) 0.1 $1.7M 1.1M 1.56
Omeros Corporation Put Option (OMER) 0.1 $1.7M 100k 17.18
Rocket Pharmaceuticals (RCKT) 0.1 $1.7M 476k 3.51
Ww Intl Com New (WW) 0.1 $1.7M 57k 29.21
Aquestive Therapeutics Put Option (AQST) 0.1 $1.6M 254k 6.46
Summit Therapeutics (SMMT) 0.1 $1.6M 92k 17.49
Cohen Circle Acquisit Corp I Unit 07/01/2030 (CCIIU) 0.1 $1.6M 150k 10.43
Supernus Pharmaceuticals (SUPN) 0.1 $1.5M 30k 49.70
Inspire Med Sys (INSP) 0.1 $1.4M 15k 92.23
Nurix Therapeutics (NRIX) 0.1 $1.4M 72k 18.97
Jazz Pharmaceuticals Shs Usd (JAZZ) 0.1 $1.4M 8.0k 170.00
Omniab (OABI) 0.1 $1.3M 702k 1.85
Tango Therapeutics (TNGX) 0.1 $1.2M 140k 8.86
Adagio Med Hldgs (ADGM) 0.1 $1.2M 1.2M 1.04
Kiniksa Pharmaceuticals Intl Ord Shs Cl A (KNSA) 0.1 $1.2M 29k 41.25
Spyre Therapeutics Com New (SYRE) 0.1 $1.1M 34k 32.76
Adicet Bio Com New (ACET) 0.1 $1.1M 129k 8.42
Bristol Myers Squibb (BMY) 0.1 $1.1M 20k 53.94
Tenaya Therapeutics (TNYA) 0.1 $1.1M 1.5M 0.71
Dyne Therapeutics (DYN) 0.1 $1.0M 53k 19.56
Best Spac I Acquisition Corp Unit 05/27/2030 (BSAAU) 0.1 $1.0M 100k 10.24
Merck & Co (MRK) 0.1 $1.0M 9.6k 105.26
Churchill Cap Corp X Shs Cl A (CCCX) 0.1 $1.0M 65k 15.60
Electronic Arts (EA) 0.1 $1.0M 4.9k 204.33
McKesson Corporation (MCK) 0.1 $984k 1.2k 820.29
Centessa Pharmaceuticals Sponsored Ads (CNTA) 0.1 $965k 39k 25.01
Biontech Se Sponsored Ads (BNTX) 0.1 $952k 10k 95.20
Viking Therapeutics (VKTX) 0.1 $932k 27k 35.18
United Therapeutics Corporation (UTHR) 0.1 $926k 1.9k 487.25
Plymouth Indl Reit 0.1 $899k 41k 21.88
Keen Vision Acquisition Corp SHS Call Option (KVAC) 0.1 $881k 75k 11.75
4d Molecular Therapeutics In (FDMT) 0.1 $875k 117k 7.50
Denali Therapeutics (DNLI) 0.1 $860k 52k 16.51
Xencor (XNCR) 0.1 $860k 56k 15.31
Liquidia Corporation Com New Put Option (LQDA) 0.1 $845k 25k 34.49
Kalaris Therapeutics (KLRS) 0.1 $844k 100k 8.44
Quoin Pharmaceuticals Sponsored Ads (QNRX) 0.1 $840k 58k 14.43
Astrazeneca Sponsored Adr 0.1 $827k 9.0k 91.93
Gilead Sciences (GILD) 0.1 $818k 6.7k 122.74
Avantor (AVTR) 0.1 $802k 70k 11.46
Alexandria Real Estate Equities (ARE) 0.1 $798k 16k 48.94
Pulmonx Corp (LUNG) 0.1 $786k 355k 2.21
Ibio Com New (IBIO) 0.1 $783k 406k 1.93
Tenax Therapeutics Com New (TENX) 0.1 $776k 64k 12.19
Sutro Biopharma Com Shs (STRO) 0.1 $776k 67k 11.57
BioMarin Pharmaceutical (BMRN) 0.1 $767k 13k 59.43
Compass Therapeutics (CMPX) 0.1 $746k 139k 5.37
Vera Therapeutics Cl A (VERA) 0.1 $746k 15k 50.64
Kezar Life Sciences Com New (KZR) 0.1 $739k 117k 6.29
Ventyx Biosciences (VTYX) 0.1 $737k 82k 9.03
Guardant Health (GH) 0.1 $715k 7.0k 102.14
Phathom Pharmaceuticals (PHAT) 0.1 $712k 43k 16.59
Larimar Therapeutics (LRMR) 0.1 $708k 186k 3.81
Ideaya Biosciences (IDYA) 0.1 $691k 20k 34.57
Arvinas Ord (ARVN) 0.0 $689k 58k 11.86
Nuvalent Inc-a (NUVL) 0.0 $688k 6.8k 100.59
Assembly Biosciences Com New (ASMB) 0.0 $672k 20k 34.01
Forward Air Corp (FWRD) 0.0 $666k 27k 25.00
Enanta Pharmaceuticals (ENTA) 0.0 $652k 41k 15.77
Oruka Therapeutics (ORKA) 0.0 $632k 21k 30.31
Neurogene (NGNE) 0.0 $631k 31k 20.60
Tectonic Therapeutic (TECX) 0.0 $626k 30k 20.86
Sarepta Therapeutics (SRPT) 0.0 $621k 29k 21.52
Intuitive Surgical Com New (ISRG) 0.0 $578k 1.0k 566.36
Kyverna Therapeutics (KYTX) 0.0 $540k 57k 9.40
Alibaba Group Hldg Sponsored Ads (BABA) 0.0 $525k 3.6k 146.58
Madrigal Pharmaceuticals (MDGL) 0.0 $521k 895.00 582.34
Cullinan Oncology (CGEM) 0.0 $518k 50k 10.35
Context Therapeutics (CNTX) 0.0 $516k 351k 1.47
Globa Terra Acquisition Cor Unit 99/99/9999 (GTERU) 0.0 $514k 50k 10.28
Wisdomtree Tr Floatng Rat Trea (USFR) 0.0 $503k 10k 50.32
Apellis Pharmaceuticals (APLS) 0.0 $502k 20k 25.12
Vistagen Therapeutics Ord (VTGN) 0.0 $492k 744k 0.66
Natera (NTRA) 0.0 $492k 2.1k 229.09
Boston Scientific Corporation (BSX) 0.0 $477k 5.0k 95.35
Enliven Therapeutics (ELVN) 0.0 $462k 30k 15.40
Elanco Animal Health (ELAN) 0.0 $453k 20k 22.63
Polypid (PYPD) 0.0 $451k 104k 4.34
Geron Corporation (GERN) 0.0 $444k 336k 1.32
Praxis Precision Medicines I Com New (PRAX) 0.0 $442k 1.5k 294.74
Novocure Ord Shs (NVCR) 0.0 $440k 34k 12.93
Core Scientific (CORZ) 0.0 $437k 30k 14.56
Kura Oncology (KURA) 0.0 $416k 40k 10.39
Cortexyme (QNCX) 0.0 $412k 123k 3.35
Biohaven (BHVN) 0.0 $387k 34k 11.29
Keros Therapeutics (KROS) 0.0 $384k 19k 20.36
Karyopharm Therapeutics Com New (KPTI) 0.0 $368k 50k 7.36
Orthopediatrics Corp. (KIDS) 0.0 $352k 20k 17.76
BioCryst Pharmaceuticals (BCRX) 0.0 $351k 45k 7.80
Aurinia Pharmaceuticals (AUPH) 0.0 $351k 22k 15.95
Ceridian Hcm Hldg 0.0 $346k 5.0k 69.16
Therapeuticsmd Com New (TXMD) 0.0 $341k 209k 1.63
Kiora Pharmaceuticals (KPRX) 0.0 $331k 168k 1.97
Jade Biosciences Com New (JBIO) 0.0 $324k 21k 15.43
Surgery Partners (SGRY) 0.0 $309k 20k 15.45
Jd.com Spon Ads Cl A (JD) 0.0 $287k 10k 28.70
Procap Acquisition Corp Unit 05/16/2030 (PCAPU) 0.0 $276k 27k 10.24
Bright Minds Biosciences Com New (DRUG) 0.0 $273k 3.5k 78.04
IDEXX Laboratories (IDXX) 0.0 $271k 400.00 676.53
Spero Therapeutics (SPRO) 0.0 $265k 114k 2.33
Perspective Therapeutics Com New (CATX) 0.0 $262k 95k 2.75
Immix Biopharma (IMMX) 0.0 $262k 50k 5.23
Jasper Therapeutics Com New (JSPR) 0.0 $256k 140k 1.83
Syndax Pharmaceuticals (SNDX) 0.0 $252k 12k 21.01
Organon & Co Common Stock (OGN) 0.0 $251k 35k 7.17
Annexon (ANNX) 0.0 $241k 48k 5.02
Pepgen (PEPG) 0.0 $240k 37k 6.51
Evolus (EOLS) 0.0 $239k 36k 6.65
Achieve Life Sciences (ACHV) 0.0 $238k 48k 4.97
Bicara Therapeutics (BCAX) 0.0 $231k 14k 16.83
Ultragenyx Pharmaceutical Call Option (RARE) 0.0 $230k 10k 23.00
Rxsight (RXST) 0.0 $227k 22k 10.42
Milestone Pharmaceuticals (MIST) 0.0 $202k 100k 2.02
Aadi Bioscience (WHWK) 0.0 $188k 78k 2.42
Traws Pharma Com New (TRAW) 0.0 $175k 154k 1.13
Kalvista Pharmaceuticals (KALV) 0.0 $162k 10k 16.15
Outlook Therapeutics Put Option (OTLK) 0.0 $158k 100k 1.58
Relmada Therapeutics (RLMD) 0.0 $149k 31k 4.83
Vyne Therapeutics (VYNE) 0.0 $147k 254k 0.58
Silence Therapeutics Ads (SLN) 0.0 $144k 24k 6.08
Recursion Pharmaceuticals In Cl A (RXRX) 0.0 $143k 35k 4.09
Voyager Therapeutics (VYGR) 0.0 $138k 35k 3.93
Cleancore Solutions Class B Com Shs (ZONE) 0.0 $136k 522k 0.26
Chemomab Therapeutics Sponsored Ads (CMMB) 0.0 $132k 80k 1.65
Pmv Pharmaceuticals (PMVP) 0.0 $126k 101k 1.25
Generation Bio Com New (GBIO) 0.0 $126k 22k 5.68
Neuphoria Therapeutics (NEUP) 0.0 $116k 30k 3.88
Clover Health Investments Com Cl A (CLOV) 0.0 $114k 48k 2.35
Zentalis Pharmaceuticals (ZNTL) 0.0 $108k 80k 1.35
Bioatla (BCAB) 0.0 $104k 183k 0.57
Sab Biotherapeutics Com New (SABS) 0.0 $99k 26k 3.74
Solidion Technology Com New Call Option (STI) 0.0 $96k 14k 7.09
Fibrogen Com New (KYNB) 0.0 $92k 11k 8.78
Rezolute Com New (RZLT) 0.0 $91k 39k 2.36
Neumora Therapeutics (NMRA) 0.0 $91k 51k 1.79
Pliant Therapeutics (PLRX) 0.0 $90k 74k 1.22
Mei Pharma (LITS) 0.0 $89k 67k 1.32
Ocuphire Pharma (IRD) 0.0 $80k 40k 2.01
Kala Bio Com New (KALA) 0.0 $79k 142k 0.56
Veru Com New (VERU) 0.0 $75k 35k 2.14
Q32 Bio (QTTB) 0.0 $66k 20k 3.32
Mereo Biopharma Group Spon Ads (MREO) 0.0 $63k 150k 0.42
Biomea Fusion (BMEA) 0.0 $54k 43k 1.24
A Spac Iii Acquisition Corp Right 01/02/2026 (ASPCR) 0.0 $41k 215k 0.19
Atyr Pharma Com New (ATYR) 0.0 $40k 51k 0.78
Proqr Thrapeutics N V Shs Euro (PRQR) 0.0 $20k 10k 2.02
INVO Fertility (IVF) 0.0 $20k 27k 0.75
Io Biotech (IOBT) 0.0 $15k 25k 0.61
Coherus Biosciences (CHRS) 0.0 $15k 10k 1.42