Ikarian Capital

Ikarian Capital as of Sept. 30, 2025

Portfolio Holdings for Ikarian Capital

Ikarian Capital holds 139 positions in its portfolio as reported in the September 2025 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
United Therapeutics Corporation Put Option (UTHR) 9.0 $89M 212k 419.21
Spdr Series Trust S&p Biotech Put Option (XBI) 7.6 $75M 750k 100.20
Genmab A/s Sponsored Ads (GMAB) 5.4 $53M 175k 302.98
Bristol Myers Squibb Put Option (BMY) 3.6 $36M 800k 45.10
Abivax Sa Sponsored Ads (ABVX) 3.4 $33M 396k 84.36
Uniqure Nv Call Call Option 3.2 $31M 536k 58.37
Insmed Com Par $.01 (INSM) 3.1 $31M 214k 144.01
Ptc Therapeutics I (PTCT) 3.1 $30M 494k 61.37
Ionis Pharmaceuticals (IONS) 2.8 $28M 429k 65.42
Cidara Therapeutics Com New (CDTX) 2.7 $27M 278k 95.76
Scholar Rock Hldg Corp Put Option (SRRK) 2.5 $25M 658k 37.24
Rapt Therapeutics Com New (RAPT) 2.1 $20M 790k 25.79
Maze Therapeatics (MAZE) 1.9 $19M 741k 25.93
Soleno Therapeutics (SLNO) 1.9 $19M 282k 67.60
Cytokinetics Com New (CYTK) 1.9 $18M 334k 54.96
Apellis Pharmaceuticals (APLS) 1.9 $18M 810k 22.63
Crinetics Pharmaceuticals In (CRNX) 1.6 $16M 389k 41.65
Harrow Health Call Option (HROW) 1.4 $14M 290k 48.18
Dianthus Therapeutics (DNTH) 1.4 $14M 346k 39.35
Biohaven Call Call Option 1.2 $12M 796k 15.01
Fulcrum Therapeutics (FULC) 1.2 $12M 1.3M 9.20
Akero Therapeutics (AKRO) 1.2 $12M 249k 47.48
Vaxcyte (PCVX) 1.2 $12M 319k 36.02
Anaptysbio Inc Common (ANAB) 1.1 $11M 371k 30.62
Agios Pharmaceuticals (AGIO) 1.1 $11M 277k 40.14
Cytomx Therapeutics (CTMX) 1.1 $11M 3.4M 3.19
Moonlake Immunotherapeutics Class A Ord (MLTX) 1.1 $11M 1.5M 7.17
Jazz Pharmaceuticals Shs Usd (JAZZ) 1.0 $10M 78k 131.80
Cg Oncology (CGON) 1.0 $10M 250k 40.28
Travere Therapeutics (TVTX) 1.0 $9.7M 405k 23.90
Jazz Pharmaceuticals Call Call Option 0.9 $9.3M 71k 131.80
Zura Bio Class A Ord Shs (ZURA) 0.9 $9.2M 2.1M 4.33
Mestera Put Option (MTSR) 0.9 $9.0M 172k 52.33
Novo-nordisk A S Adr Call Option (NVO) 0.8 $8.3M 150k 55.49
Mbx Biosciences (MBX) 0.8 $7.8M 448k 17.50
Centessa Pharmaceuticals Sponsored Ads Call Option (CNTA) 0.8 $7.5M 308k 24.25
Tenax Therapeutics Com New (TENX) 0.7 $7.4M 968k 7.61
Praxis Precision Medicines I Com New (PRAX) 0.7 $6.8M 129k 53.00
Kodiak Sciences (KOD) 0.7 $6.8M 414k 16.37
Tg Therapeutics (TGTX) 0.6 $6.3M 175k 36.12
Alpha Cognition Com New (ACOG) 0.6 $6.2M 946k 6.51
Silverback Therapeutics Call Option (SPRY) 0.6 $5.7M 562k 10.05
Miragen Therapeutics (VRDN) 0.5 $5.3M 246k 21.58
Pharvaris N V (PHVS) 0.5 $5.2M 210k 24.95
Syndax Pharmaceuticals (SNDX) 0.5 $5.1M 334k 15.38
Kalvista Pharmaceuticals Call Option (KALV) 0.5 $4.9M 400k 12.18
Delcath Sys Com New (DCTH) 0.5 $4.6M 431k 10.75
Structure Therapeutics Sponsored Ads (GPCR) 0.5 $4.6M 163k 28.00
Liquidia Corporation Com New Call Option (LQDA) 0.5 $4.5M 200k 22.74
Forte Biosciences Com New (FBRX) 0.5 $4.5M 300k 15.00
Revolution Medicines Call Option (RVMD) 0.4 $4.4M 95k 46.70
Arcturus Therapeutics Hldg I (ARCT) 0.4 $4.4M 238k 18.43
Tarsus Pharmaceuticals (TARS) 0.4 $4.4M 74k 59.43
Krystal Biotech (KRYS) 0.4 $4.3M 24k 176.53
Argenx Se Sponsored Adr (ARGX) 0.4 $4.3M 5.9k 724.19
Ventyx Biosciences (VTYX) 0.4 $4.1M 1.3M 3.11
Palvella Therapeutics Inc Ne (PVLA) 0.4 $4.1M 65k 62.69
Teva Pharmaceutical Inds Sponsored Ads Call Option (TEVA) 0.4 $4.0M 200k 20.20
Solid Biosciences Com New (SLDB) 0.4 $4.0M 645k 6.17
Altimmune Com New Call Option (ALT) 0.4 $3.8M 1.0M 3.77
Lexeo Therapeutics (LXEO) 0.4 $3.8M 568k 6.64
Direxion Shs Etf Tr Daily S&p Biotec 0.4 $3.7M 92k 40.44
Relmada Therapeutics (RLMD) 0.4 $3.7M 1.8M 2.01
Prime Medicine (PRME) 0.4 $3.6M 650k 5.54
Uniqure Nv SHS (QURE) 0.3 $3.4M 59k 58.37
Vir Biotechnology (VIR) 0.3 $3.4M 593k 5.71
Capricor Therapeutics Com New (CAPR) 0.3 $3.4M 465k 7.21
Newamsterdam Pharma Company Ordinary Shares (NAMS) 0.3 $3.0M 107k 28.44
Upstream Bio (UPB) 0.3 $3.0M 161k 18.81
Fractyl Health (GUTS) 0.3 $2.9M 1.8M 1.59
Bridgebio Oncology Therapeut Com New 0.3 $2.8M 245k 11.58
Ultragenyx Pharmaceutical Put Option (RARE) 0.3 $2.8M 93k 30.08
Bridgebio Pharma (BBIO) 0.3 $2.7M 52k 51.94
Sarepta Therapeutics Call Option (SRPT) 0.3 $2.6M 137k 19.27
Pepgen (PEPG) 0.3 $2.5M 536k 4.62
Neuronetics (STIM) 0.2 $2.5M 906k 2.73
Relay Therapeutics (RLAY) 0.2 $2.4M 467k 5.22
Adma Biologics (ADMA) 0.2 $2.3M 160k 14.66
Catalyst Pharmaceutical Partners (CPRX) 0.2 $2.3M 116k 19.70
Compass Pathways Sponsored Ads Call Option (CMPS) 0.2 $2.3M 400k 5.73
Adagio Therapeutics (IVVD) 0.2 $2.3M 2.1M 1.10
Alector (ALEC) 0.2 $2.2M 760k 2.96
Vistagen Therapeutics Ord (VTGN) 0.2 $2.2M 621k 3.55
Avalo Therapeutics Com New (AVTX) 0.2 $2.0M 160k 12.71
Arvinas Ord (ARVN) 0.2 $1.9M 226k 8.52
Proqr Thrapeutics N V Shs Euro (PRQR) 0.2 $1.9M 892k 2.13
Larimar Therapeutics Call Option (LRMR) 0.2 $1.8M 548k 3.23
Pelthos Therapeutics Com Shs 0.2 $1.7M 63k 28.00
Cumberland Pharmaceuticals (CPIX) 0.2 $1.7M 556k 3.12
Dyne Therapeutics (DYN) 0.1 $1.4M 114k 12.65
Ovid Therapeutics (OVID) 0.1 $1.4M 1.1M 1.30
Janux Therapeutics (JANX) 0.1 $1.3M 55k 24.44
Silence Therapeutics Ads (SLN) 0.1 $1.3M 901k 1.45
Zymeworks Del (ZYME) 0.1 $1.2M 73k 17.08
Terns Pharmaceuticals (TERN) 0.1 $1.2M 164k 7.51
Inflarx Nv (IFRX) 0.1 $968k 722k 1.34
Bright Minds Biosciences Com New (DRUG) 0.1 $936k 15k 60.66
Sangamo Biosciences (SGMO) 0.1 $872k 1.3M 0.67
Cybin Com New (CYBN) 0.1 $827k 141k 5.89
Immunic (IMUX) 0.1 $806k 914k 0.88
Tvardi Therapeutics Call Option (TVRD) 0.1 $740k 19k 38.97
Mind Medicine Mindmed Com New (MNMD) 0.1 $739k 63k 11.79
Lyell Immunopharma Com New (LYEL) 0.1 $711k 44k 16.24
Wave Life Sciences SHS (WVE) 0.1 $702k 96k 7.32
Corbus Pharmaceuticals Hldgs Com New Call Option (CRBP) 0.1 $693k 55k 12.65
Sonnet Biotherapeutc Hldng I Com New (SONN) 0.1 $687k 150k 4.58
Io Biotech (IOBT) 0.1 $554k 1.5M 0.36
Veru Com New 0.1 $542k 143k 3.80
Ibio Com New (IBIO) 0.1 $511k 617k 0.83
Equillium (EQ) 0.0 $475k 332k 1.43
Acumen Pharmaceuticals (ABOS) 0.0 $455k 266k 1.71
Alto Neuroscience Com Shs (ANRO) 0.0 $442k 110k 4.02
Immatics SHS (IMTX) 0.0 $421k 49k 8.52
Kezar Life Sciences Com New (KZR) 0.0 $417k 107k 3.90
Anebulo Pharmaceuticals (ANEB) 0.0 $394k 158k 2.50
Evaxion As Sponsored Ads (EVAX) 0.0 $301k 80k 3.76
Viking Therapeutics (VKTX) 0.0 $263k 10k 26.28
Voyager Therapeutics (VYGR) 0.0 $260k 56k 4.67
Lexicon Pharmaceuticals Com New (LXRX) 0.0 $238k 177k 1.35
Nyxoah S A SHS (NYXH) 0.0 $233k 51k 4.60
Cartesian Therapeutics Com New (RNAC) 0.0 $227k 22k 10.22
Sensei Biotherapeutics Com New (SNSE) 0.0 $213k 23k 9.45
Biomx Com New (PHGE) 0.0 $206k 393k 0.53
Karyopharm Therapeutics Com New (KPTI) 0.0 $178k 27k 6.54
Cogent Biosciences (COGT) 0.0 $162k 11k 14.36
Airsculpt Technologies (AIRS) 0.0 $144k 18k 8.02
Chemomab Therapeutics Sponsored Ads (CMMB) 0.0 $140k 53k 2.63
Lyra Therapeutics Com New (LYRA) 0.0 $140k 21k 6.59
Pmv Pharmaceuticals (PMVP) 0.0 $137k 98k 1.40
Macrogenics (MGNX) 0.0 $135k 80k 1.68
Spruce Biosciences Com New 0.0 $119k 13k 8.95
Aethlon Med Com New (AEMD) 0.0 $115k 154k 0.75
Vyne Therapeutics (VYNE) 0.0 $97k 290k 0.34
Jasper Therapeutics Com New (JSPR) 0.0 $60k 25k 2.38
Traws Pharma Com New (TRAW) 0.0 $53k 29k 1.85
Theriva Biologics Com New (TOVX) 0.0 $49k 120k 0.41
Synlogic Com New (SYBX) 0.0 $35k 20k 1.69
Neumora Therapeutics (NMRA) 0.0 $23k 13k 1.82
Autonomix Med Com New (AMIX) 0.0 $22k 20k 1.08