13F-HR filed by DEERFIELD MANAGEMENT COMPANY, L.P.
DEERFIELD MANAGEMENT COMPANY, L.P. filed this 13F-HR for the quarter ended 2025-09-30, filed 2025-11-14, with 152 holding rows worth $6,550,740,151.
- Accession
- 0001213900-25-110851
- Filer
- CIK 1009258
- Filed
- 2025-11-14
- Accepted by EDGAR
- acceptance time not in the bulk data set
- Ingested
- Source
- SEC quarterly data set
13F report for Q3 2025
A holdings report, 152 entries on the cover page, a total value of $6,550,740,151 stated on the cover page (in dollars after the unit check, H1), rows summing to $6,550,740,151 with VALUE read as dollars as filed, 13F file number 028-05366. The quarter's positions are built on this report. The resolved quarter.
Other managers
- included managerDeerfield UGP, LLC028-25875
The information table after summing rows of one CUSIP and put or call (H4), with the CUSIP and issuer name as filed. Values in dollars after the unit check (method).
| Issuer as filed | CUSIP | Class | Amount | Value | Value read as | Type |
|---|---|---|---|---|---|---|
| NUVALENT INC COM | 670703107 | Stock | 17,991,024 | $1,555,863,756 | dollars as filed | |
| CENTENE CORP DEL COM | 15135B101 | Stock | 9,046,000 | $322,761,280 | dollars as filed | |
| MERUS N V | N5749R100 | COM | 3,046,916 | $286,867,141 | dollars as filed | |
| VIATRIS INC COM | 92556V106 | Stock | 24,099,083 | $238,580,922 | dollars as filed | |
| UNITED THERAPEUTICS CORP DEL COM | 91307C102 | Stock | 425,993 | $178,580,526 | dollars as filed | |
| REVOLUTION MEDICINES INC COM | 76155X100 | Stock | 3,650,342 | $170,470,971 | dollars as filed | |
| Indivior PLC | G4766E116 | Common Stock | 6,986,811 | $168,452,013 | dollars as filed | |
| MIRUM PHARMACEUTICALS INC | 604749AB7 | NOTE 4.000% 5/0 | 70,000,000 | $168,190,750 | dollars as filed | principal |
| NEUROCRINE BIOSCIENCES INC | 64125C109 | COM | 1,184,345 | $166,258,351 | dollars as filed | |
| COGENT BIOSCIENCES INC | 19240Q201 | COM | 9,053,118 | $130,002,774 | dollars as filed | |
| IONIS PHARMACEUTICALS INC COM | 462222100 | Stock | 1,979,669 | $129,509,946 | dollars as filed | |
| NEWAMSTERDAM PHARMA CO NV | N62509109 | COMMON STOCK | 4,266,693 | $121,344,749 | dollars as filed | |
| VERA THERAPEUTICS INC | 92337R101 | COMMON STOCK | 3,641,157 | $105,812,022 | dollars as filed | |
| Bristol-Myers Squibb Company | 110122108 | COM | 2,337,771 | $105,433,472 | dollars as filed | |
| ADAPTHEALTH CORP | 00653Q102 | COMMON STOCK | 11,477,730 | $102,725,684 | dollars as filed | |
| LARIMAR THERAPEUTICS INC | 517125100 | COM | 30,606,974 | $98,860,526 | dollars as filed | |
| BROOKDALE SR LIVING INC | 112463104 | COM | 11,641,642 | $98,604,708 | dollars as filed | |
| CATALYST PHARMACEUTICALS INC | 14888U101 | COM | 4,974,767 | $98,002,910 | dollars as filed | |
| LEGEND BIOTECH CORP | 52490G102 | SPONSORED ADS | 2,962,338 | $96,601,842 | dollars as filed | |
| BIOCRYST PHARMACEUTICALS INC COM | 09058V103 | Stock | 12,169,000 | $92,362,710 | dollars as filed | |
| TANDEM DIABETES CARE INC | 875372AD6 | NOTE 1.500% 3/1 | 100,000,000 | $87,142,700 | dollars as filed | principal |
| Merck & Co.,Inc. | 58933Y105 | COM | 1,030,000 | $86,447,900 | dollars as filed | |
| Pfizer Inc. | 717081103 | COM | 3,303,790 | $84,180,569 | dollars as filed | |
| IONIS PHARMACEUTICALS INC | 462222AF7 | NOTE 1.750% 6/1 | 60,000,000 | $82,657,920 | dollars as filed | principal |
| CERTARA INC COM | 15687V109 | Stock | 6,739,537 | $82,357,142 | dollars as filed | |
| INSPIRE MED SYS INC COM | 457730109 | Stock | 1,047,694 | $77,738,895 | dollars as filed | |
| ARS PHARMACEUTICALS INC | 82835W108 | COM | 7,503,812 | $75,413,311 | dollars as filed | |
| INSMED INC COM PAR $.01 | 457669307 | Stock | 471,000 | $67,828,710 | dollars as filed | |
| BIO RAD LABS INC | 090572207 | CL A | 226,070 | $63,387,767 | dollars as filed | |
| NEOGENOMICS INC | 64049MAB6 | NOTE 0.250% 1/1 | 72,689,000 | $62,922,579 | dollars as filed | principal |
| PHARVARIS NV | N69605108 | COMMON STOCK | 2,442,464 | $60,939,477 | dollars as filed | |
| DISC MEDICINE INC COM | 254604101 | Stock | 919,403 | $60,754,150 | dollars as filed | |
| IDEAYA BIOSCIENCES INC COM | 45166A102 | Stock | 2,153,043 | $58,584,300 | dollars as filed | |
| BRIDGEBIO ONCOLOGY THERAPEUT | 107924102 | COM NEW | 4,885,446 | $56,573,465 | dollars as filed | |
| ENVISTA HOLDINGS CORPORATION | 29415F104 | COM | 2,294,036 | $46,729,513 | dollars as filed | |
| PRAXIS PRECISION MEDICINES I | 74006W207 | COM NEW | 840,851 | $44,565,103 | dollars as filed | |
| CORMEDIX INC COM | 21900C308 | Stock | 3,323,833 | $38,656,178 | dollars as filed | |
| ENHABIT INC | 29332G102 | COM | 4,747,746 | $38,029,445 | dollars as filed | |
| EMBECTA CORP | 29082K105 | COMMON STOCK | 2,620,421 | $36,974,140 | dollars as filed | |
| LIVANOVA PLC | 53802LAB8 | NOTE 2.500% 3/1 | 34,280,000 | $36,861,421 | dollars as filed | principal |
| CELCUITY INC | 15102K100 | COM | 733,530 | $36,236,382 | dollars as filed | |
| CONMED CORP COM | 207410101 | Stock | 760,196 | $35,752,018 | dollars as filed | |
| ZENAS BIOPHARMA INC COM | 98937L105 | Stock | 1,562,942 | $34,697,312 | dollars as filed | |
| NEOGENOMICS INC | 64049M209 | COM NEW | 4,447,331 | $34,333,395 | dollars as filed | |
| ARROWHEAD PHARMACEUTICALS IN | 04280A100 | COM | 993,000 | $34,248,570 | dollars as filed | |
| Day One Biopharmaceuticals Inc | 23954D109 | Common Stock | 4,705,413 | $33,173,162 | dollars as filed | |
| KYMERA THERAPEUTICS INC | 501575104 | COM | 572,258 | $32,389,803 | dollars as filed | |
| CAREDX INC | 14167L103 | COM | 2,191,000 | $31,857,140 | dollars as filed | |
| ALNYLAM PHARMACEUTICALS INC COM | 02043Q107 | Stock | 67,935 | $30,978,360 | dollars as filed | |
| ACADIA HEALTHCARE COMPANY INC COM | 00404A109 | Stock | 1,189,000 | $29,439,640 | dollars as filed | |
| SIONNA THERAPEUTICS INC | 829401108 | COMMON STOCK | 970,590 | $28,545,052 | dollars as filed | |
| SAVARA INC | 805111101 | COM | 7,964,000 | $28,431,480 | dollars as filed | |
| IMMUNOCORE HLDGS PLC | 45258DAB1 | NOTE 2.500% 2/0 | 30,000,000 | $27,040,830 | dollars as filed | principal |
| Lantheus Hldgs Inc Note 2.625 percent 12/1 | 516544AB9 | Convertible | 25,255,000 | $26,532,954 | dollars as filed | principal |
| PHREESIA INC | 71944F106 | COM | 1,116,752 | $26,266,007 | dollars as filed | |
| MODERNA INC | 60770K107 | COM | 1,000,000 | $25,830,000 | dollars as filed | put |
| VERACYTE INC COM | 92337F107 | Stock | 726,000 | $24,923,580 | dollars as filed | |
| VENTAS INC COM | 92276F100 | REIT | 354,000 | $24,776,460 | dollars as filed | |
| BETA BIONICS INC | 08659B102 | COMMON STOCK | 1,168,415 | $23,216,406 | dollars as filed | |
| XENON PHARMACEUTICALS INC COM | 98420N105 | Stock | 542,020 | $21,762,103 | dollars as filed | |
| TAYSHA GENE THERAPIES INC | 877619106 | COMMON STOCK | 5,386,000 | $17,612,220 | dollars as filed | |
| CULLINAN THERAPEUTICS INC | 230031106 | COM | 2,927,013 | $17,357,187 | dollars as filed | |
| FOGHORN THERAPEUTICS INC | 344174107 | COMMON STOCK | 3,255,514 | $15,919,463 | dollars as filed | |
| MONOPAR THERAPEUTICS INC | 61023L207 | COMMON STOCK | 159,765 | $13,048,008 | dollars as filed | |
| EDGEWISE THERAPEUTICS INC | 28036F105 | COM | 765,694 | $12,419,557 | dollars as filed | |
| OMADA HEALTH INC | 68170A108 | COM | 553,107 | $12,229,196 | dollars as filed | |
| STARLING ONCOLOGY INC | 68236X100 | COMMON STOCK | 3,360,052 | $11,726,581 | dollars as filed | |
| INTEGRA LIFESCIENCES HLDGS C | 457985208 | COM NEW | 794,865 | $11,390,415 | dollars as filed | |
| STRUCTURE THERAPEUTICS INC COMP | 86366E106 | EQUITY | 373,407 | $10,455,396 | dollars as filed | |
| SPYRE THERAPEUTICS INC | 00773J202 | COM NEW | 613,665 | $10,285,025 | dollars as filed | |
| DOCGO INC | 256086109 | COM | 4,622,708 | $6,286,883 | dollars as filed | |
| SHOULDER INNOVATIONS INC | 82537J108 | COMMON STOCK | 482,572 | $6,056,279 | dollars as filed | |
| JADE BIOSCIENCES INC | 008064206 | COM NEW | 531,163 | $4,583,937 | dollars as filed | |
| ALIGN TECHNOLOGY INC COM | 016255101 | Stock | 32,789 | $4,105,839 | dollars as filed | |
| PRESTIGE CONSMR HEALTHCARE I | 74112D101 | COM | 64,563 | $4,028,731 | dollars as filed | |
| CALCIMEDICA INC | 38942Q202 | COM NEW | 1,300,000 | $3,998,540 | dollars as filed | |
| UFP TECHNOLOGIES INC | 902673102 | COM | 18,660 | $3,724,536 | dollars as filed | |
| ORTHOPEDIATRICS CORP | 68752L100 | COMMON STOCK | 194,109 | $3,596,840 | dollars as filed | |
| VAREX IMAGING CORP | 92214X106 | COMMON STOCK | 285,207 | $3,536,567 | dollars as filed | |
| MERIT MED SYS INC COM | 589889104 | Stock | 41,846 | $3,482,843 | dollars as filed | |
| HAEMONETICS CORP MASS COM | 405024100 | Stock | 69,089 | $3,367,398 | dollars as filed | |
| HEARTFLOW INC | 42238D107 | COM | 100,000 | $3,366,000 | dollars as filed | |
| KENVUE INC | 49177J102 | COM | 193,853 | $3,146,234 | dollars as filed | |
| ALECTOR INC | 014442107 | COMMON STOCK | 1,055,192 | $3,123,368 | dollars as filed | |
| ATRICURE INC | 04963C209 | COM | 87,569 | $3,086,807 | dollars as filed | |
| Boston Scientific Corporation | 101137107 | COM | 31,312 | $3,056,991 | dollars as filed | |
| 10X GENOMICS INC CL A COM | 88025U109 | Stock | 261,188 | $3,053,288 | dollars as filed | |
| RADNET INC | 750491102 | COM | 39,913 | $3,041,770 | dollars as filed | |
| IRHYTHM HOLDINGS INC COM | 450056106 | Stock | 17,262 | $2,968,891 | dollars as filed | |
| COOPER COS INC | 216648501 | COM | 43,110 | $2,955,622 | dollars as filed | |
| REVVITY INC | 714046109 | COM | 33,541 | $2,939,869 | dollars as filed | |
| BIOLIFE SOLUTIONS INC COM NEW | 09062W204 | Stock | 111,195 | $2,836,584 | dollars as filed | |
| LEMAITRE VASCULAR INC | 525558201 | COM | 29,959 | $2,621,712 | dollars as filed | |
| STAAR SURGICAL CO COM PAR $0.01 | 852312305 | Stock | 96,989 | $2,606,094 | dollars as filed | |
| TRUPANION INC | 898202106 | COM | 57,045 | $2,468,908 | dollars as filed | |
| DAVITA INC COM | 23918K108 | Stock | 18,567 | $2,466,997 | dollars as filed | |
| Intuitive Surgical,Inc. | 46120E602 | COM | 5,438 | $2,432,037 | dollars as filed | |
| WATERS CORP COM | 941848103 | Stock | 7,885 | $2,364,002 | dollars as filed | |
| CORVEL CORP COM | 221006109 | Stock | 30,216 | $2,339,323 | dollars as filed | |
| ENOVIS CORPORATION | 194014502 | COM | 69,213 | $2,099,922 | dollars as filed | |
| CHEMED CORP NEW | 16359R103 | COM | 4,664 | $2,088,259 | dollars as filed | |
| ALIGNMENT HEALTHCARE INC COM | 01625V104 | Stock | 102,942 | $1,796,338 | dollars as filed | |
| ANNEXON INC | 03589W102 | COM | 583,913 | $1,780,935 | dollars as filed | |
| NATIONAL HEALTHCARE CORP COM | 635906100 | Stock | 14,584 | $1,772,102 | dollars as filed | |
| REPLIGEN CORP COM | 759916109 | Stock | 12,909 | $1,725,546 | dollars as filed | |
| TELEFLEX INCORPORATED | 879369106 | COM | 13,572 | $1,660,670 | dollars as filed | |
| GE HEALTHCARE TECHNOLOGIES INC COMMON STOCK | 36266G107 | Stock | 21,924 | $1,646,492 | dollars as filed | |
| PENUMBRA INC COM | 70975L107 | Stock | 6,411 | $1,624,035 | dollars as filed | |
| NEWAMSTERDAM PHARMA CO NV-27 | N62509117 | WTS | 92,787 | $1,587,586 | dollars as filed | |
| DEXCOM INC COM | 252131107 | Stock | 22,287 | $1,499,692 | dollars as filed | |
| TRANSMEDICS GROUP INC | 89377M109 | COM | 12,752 | $1,430,774 | dollars as filed | |
| AVANOS MED INC | 05350V106 | COM | 122,899 | $1,420,712 | dollars as filed | |
| INSULET CORP COM | 45784P101 | Stock | 4,480 | $1,383,110 | dollars as filed | |
| BIOMX INC | 09090D301 | COM | 2,494,108 | $1,309,407 | dollars as filed | |
| INTEGER HLDGS CORP | 45826H109 | COM | 12,528 | $1,294,518 | dollars as filed | |
| Danaher Corporation | 235851102 | COM | 6,421 | $1,273,027 | dollars as filed | |
| ZOETIS INC CL A | 98978V103 | Stock | 8,554 | $1,251,621 | dollars as filed | |
| BELLRING BRANDS INC COMMON STOCK | 07831C103 | Stock | 34,232 | $1,244,333 | dollars as filed | |
| ELUTIA INC | 05479K106 | CL A COM | 1,371,603 | $1,221,001 | dollars as filed | |
| AZENTA INC | 114340102 | COM | 41,004 | $1,177,635 | dollars as filed | |
| BIO-TECHNE CORP | 09073M104 | COM | 20,979 | $1,167,062 | dollars as filed | |
| XERIS BIOPHARMA HOLDINGS INC | 98422E103 | COM | 120,900 | $984,126 | dollars as filed | |
| BAXTER INTL INC | 071813109 | COM | 42,744 | $973,281 | dollars as filed | |
| MOLINA HEALTHCARE INC | 60855R100 | COM | 5,047 | $965,794 | dollars as filed | |
| ALPHATEC HLDGS INC | 02081G201 | COM NEW | 65,262 | $948,909 | dollars as filed | |
| ADAPTIVE BIOTECHNOLOGIES CORP COM | 00650F109 | Stock | 60,328 | $902,507 | dollars as filed | |
| Stryker Corporation | 863667101 | COM | 1,988 | $734,904 | dollars as filed | |
| MIMEDX GROUP INC | 602496101 | COM | 104,870 | $731,993 | dollars as filed | |
| TWIST BIOSCIENCE CORP | 90184D100 | COM | 23,827 | $670,492 | dollars as filed | |
| HEALTHEQUITY INC COM | 42226A107 | Stock | 7,060 | $669,076 | dollars as filed | |
| STERIS PLC SHS USD | G8473T100 | Stock | 2,578 | $637,900 | dollars as filed | |
| GLOBUS MED INC CL A | 379577208 | Stock | 11,106 | $636,041 | dollars as filed | |
| EDWARDS LIFESCIENCES CORP COM | 28176E108 | Stock | 6,349 | $493,762 | dollars as filed | |
| Thermo Fisher Scientific Inc. | 883556102 | COM | 944 | $457,859 | dollars as filed | |
| SOTERA HEALTH CO | 83601L102 | COM | 25,384 | $399,290 | dollars as filed | |
| DENTSPLY SIRONA INC | 24906P109 | COM | 30,183 | $383,022 | dollars as filed | |
| LABCORP HOLDINGS INC COM SHS | 504922105 | Stock | 1,057 | $303,422 | dollars as filed | |
| SERVICE CORP INTL COM | 817565104 | Stock | 3,635 | $302,505 | dollars as filed | |
| SCHEIN HENRY INC | 806407102 | COM | 4,191 | $278,157 | dollars as filed | |
| SUPERNUS PHARMACEUTICALS | 868459108 | COM | 5,331 | $254,768 | dollars as filed | |
| HUMANA INC COM | 444859102 | Stock | 917 | $238,576 | dollars as filed | |
| ORGANON & CO COMMON STOCK | 68622V106 | Stock | 16,388 | $175,024 | dollars as filed | |
| The Oncology Institute Inc W Exp 99/99/999 | 68236X118 | SPAC Combination | 1,250,000 | $150,000 | dollars as filed | |
| TANDEM DIABETES CARE INC | 875372203 | COM NEW | 12,195 | $148,047 | dollars as filed | |
| COMMUNITY HEALTH SYSTEMS INC | 203668108 | COMMON STOCK | 32,720 | $105,031 | dollars as filed | |
| QUANTUM SI INC | 74765K113 | *W EXP 06/10/202 | 333,333 | $90,000 | dollars as filed | |
| NUVATION BIO INC | 67080N119 | WARR | 166,666 | $33,683 | dollars as filed | |
| BUTTERFLY NETWORK INC | 124155110 | *W EXP 02/12/202 | 733,333 | $33,440 | dollars as filed | |
| EMERGENT BIOSOLUTIONS INC | 29089Q105 | COM | 1,872 | $16,511 | dollars as filed | |
| PMV PHARMACEUTICALS INC | 69353Y103 | COM | 8,790 | $12,306 | dollars as filed | |
| MYRIAD GENETICS INC | 62855J104 | COM | 505 | $3,651 | dollars as filed | |
| SURROZEN INC | 86889P117 | *W EXP 08/01/203 | 166,666 | $2,967 | dollars as filed |
Amendment chain
| Filing | Role | Filed | Accepted | Ingested |
|---|---|---|---|---|
| 13F-HR 0001213900-25-110851 | this filing | 2025-11-14 | acceptance time not in the bulk data set |