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| # | Issuer | Value | Shares | % Portfolio |
|---|---|---|---|---|
| 1 | BIOMARIN PHARMACEUTICAL INC | $71.7M | 1268390 | 15.36% |
| 2 | VERTEX PHARMACEUTICALS INC | $48.5M | 108603 | 10.40% |
| 3 | VAXCYTE INC | $37.5M | 644831 | 8.03% |
| 4 | NUVALENT INC | $30.8M | 300830 | 6.61% |
| 5 | CAPRICOR THERAPEUTICS INC | $27.6M | 909207 | 5.93% |
| 6 | TERNS PHARMACEUTICALS INC | $27.5M | 521237 | 5.89% |
| 7 | BICARA THERAPEUTICS INC | $25.1M | 1260136 | 5.37% |
| 8 | ANI PHARMACEUTICALS INC | $24.5M | 318591 | 5.25% |
| 9 | ULTRAGENYX PHARMACEUTICAL IN | $24.4M | 1165557 | 5.23% |
| 10 | ENLIVEN THERAPEUTICS INC | $23.2M | 593040 | 4.98% |
| 11 | AMYLYX PHARMACEUTICALS INC | $22.2M | 1598794 | 4.76% |
| 12 | ARGENX SE | $19.0M | 25995 | 4.07% |
| 13 | FULCRUM THERAPEUTICS INC | $13.6M | 1771926 | 2.91% |
| 14 | VIR BIOTECHNOLOGY INC | $10.7M | 1198213 | 2.30% |
| 15 | NUVATION BIO INC | $10.2M | 2383031 | 2.19% |
| 16 | ORUKA THERAPEUTICS INC | $6.9M | 140843 | 1.48% |
| 17 | CONTINEUM THERAPEUTICS INC | $6.7M | 513053 | 1.44% |
| 18 | VERADERMICS INC | $6.4M | 100843 | 1.37% |
| 19 | TONIX PHARMACEUTICALS HLDG C | $6.2M | 452116 | 1.33% |
| 20 | STRUCTURE THERAPEUTICS INC | $4.8M | 100593 | 1.04% |
| 21 | ENTRADA THERAPEUTICS INC | $4.7M | 374010 | 1.01% |
| 22 | PHARVARIS N V | $4.7M | 167014 | 1.01% |
| 23 | TREVI THERAPEUTICS INC | $4.4M | 370175 | 0.95% |
| 24 | RELMADA THERAPEUTICS INC | $2.4M | 342752 | 0.51% |
| 25 | SILENCE THERAPEUTICS PLC | $1.6M | 301604 | 0.34% |
| 26 | ARRIVENT BIOPHARMA INC | $1.1M | 45809 | 0.23% |
Values in USD (reported in $thousands on 13F). Source: SEC EDGAR.