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13F-HR filed by TANG CAPITAL MANAGEMENT LLC

TANG CAPITAL MANAGEMENT LLC filed this 13F-HR for the quarter ended 2025-03-31, filed 2025-05-15, with 202 holding rows worth $1,807,581,363.

Accession
0001214659-25-007882
Filed
2025-05-15
Accepted by EDGAR
acceptance time not in the bulk data set
Ingested
Source
SEC quarterly data set

Original filing

13F report for Q1 2025

A holdings report, 202 entries on the cover page, a total value of $1,807,581,363 stated on the cover page (in dollars after the unit check, H1), rows summing to $1,807,581,363 with VALUE read as dollars as filed, 13F file number 028-14822. The quarter's positions are built on this report. The resolved quarter.

Other managers

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 filedCUSIPClassAmountValueValue read asType
TARSUS PHARMACEUTICALS INC87650L103COMMON STOCK2,454,797$126,102,922dollars as filed
LAKEFRONT BIOTHERAPEUTICS NV36315X101SPON ADR3,961,797$99,520,341dollars as filed
AURINIA PHARMACEUTICALS INC COM05156V102Stock10,029,500$80,637,180dollars as filed
DYNAVAX TECHNOLOGIES CORP268158201COM NEW5,750,000$74,577,500dollars as filed
EVOLUS INC30052C107COM4,997,399$60,118,710dollars as filed
KALVISTA PHARMACEUTICALS INC483497103COM4,941,798$57,028,349dollars as filed
IMMUNOCORE HLDGS PLC ADS45258D105ADR1,915,708$56,839,056dollars as filed
MIRUM PHARMACEUTICALS INC604749101COM1,237,107$55,731,670dollars as filed
PTC THERAPEUTICS INC69366J200COM1,000,000$50,960,000dollars as filed
KINIKSA PHARMACEUTICALS INTL P ORD SHS CL AG52694109Stock2,118,579$47,053,640dollars as filed
VIRIDIAN THERAPEUTICS INC92790C104COM2,792,925$37,648,629dollars as filed
SPYRE THERAPEUTICS INC00773J202COM NEW2,050,000$33,076,750dollars as filed
INTRA-CELLULAR THERAPIES INC46116X101COMMON STOCK220,000$29,022,400dollars as filed
ANAPTYSBIO INC032724106COM1,545,153$28,724,394dollars as filed
REPLIMUNE GROUP INC76029N106COMMON STOCK2,900,000$28,275,000dollars as filed
LEGEND BIOTECH CORP52490G102SPONSORED ADS830,000$28,161,900dollars as filed
ACADIA PHARMACEUTICALS INC004225108COM1,500,000$24,915,000dollars as filed
BIONTECH SE SPONSORED ADS09075V102ADR270,000$24,586,200dollars as filed
ACELYRIN INC00445A100COM9,818,115$24,250,744dollars as filed
JAZZ PHARMACEUTICALS PLC SHS USDG50871105Stock190,000$23,588,500dollars as filed
ANI PHARMACEUTICALS INC00182C103COM317,500$21,256,625dollars as filed
RELAY THERAPEUTICS INC COM75943R102Stock8,068,058$21,138,312dollars as filed
COMPASS THERAPEUTICS INC20454B104COM11,052,632$21,000,001dollars as filed
ADMA BIOLOGICS INC000899104COM1,050,000$20,832,000dollars as filed
LENZ THERAPEUTICS INC52635N103COM766,940$19,718,027dollars as filed
ASTRAZENECA PLC SPONSORED ADR046353108ADR250,000$18,375,000dollars as filed
LIQUIDIA CORPORATION COM NEW53635D202Stock1,200,000$17,700,000dollars as filed
NEUROCRINE BIOSCIENCES INC64125C109COM150,000$16,590,000dollars as filed
AVADEL PHARMACEUTICALS PLCG29687103COM SHS2,097,500$16,423,425dollars as filed
ITEOS THERAPEUTICS INC46565G104COM2,689,200$16,054,524dollars as filed
META PLATFORMS INC CL A30303M102COM27,575$15,892,958dollars as filed
GSK PLC SPONSORED ADR37733W204ADR400,000$15,496,000dollars as filed
NVIDIA Corp67066G104COM142,569$15,451,667dollars as filed
SANOFI SA SPONSORED ADR80105N105ADR270,000$14,974,200dollars as filed
ATEA PHARMACEUTICALS INC04683R106COMMON STOCK4,800,000$14,352,000dollars as filed
ALTIMMUNE INC02155H200COM NEW2,750,000$13,750,000dollars as filed
ZYMEWORKS INC98985Y108COM1,100,000$13,101,000dollars as filed
NKARTA INC65487U108COMMON STOCK7,055,576$12,982,260dollars as filed
CARGO THERAPEUTICS INC COM14179K101Stock3,059,630$12,452,694dollars as filed
CYBIN INC23256X407COM NEW1,830,097$11,602,815dollars as filed
VAXCYTE INC COM92243G108Stock300,000$11,328,000dollars as filed
KEROS THERAPEUTICS INC COM492327101Stock1,100,000$11,209,000dollars as filed
TELADOC HEALTH INC87918A105COM1,400,000$11,144,000dollars as filed
JOURNEY MED CORP48115J109COM1,854,596$10,942,116dollars as filed
VANDA PHARMACEUTICALS INC921659108COM2,353,307$10,801,679dollars as filed
BEONE MEDICINES LTD SPONSORED ADS07725L102ADR37,000$10,070,290dollars as filed
ARVINAS INC04335A105COM1,393,800$9,784,476dollars as filed
HARMONY BIOSCIENCES HLDGS IN413197104COM281,200$9,333,028dollars as filed
ALIBABA GROUP HLDG LTD01609W102SPONSORED ADS70,000$9,256,100dollars as filed
CRISPR THERAPEUTICS AG NAMEN AKTH17182108Stock266,500$9,068,995dollars as filed
MODERNA INC60770K107COM305,300$8,655,255dollars as filed
CULLINAN THERAPEUTICS INC230031106COM1,121,138$8,487,015dollars as filed
ELANCO ANIMAL HEALTH INC COM28414H103Stock800,100$8,401,050dollars as filed
PLIANT THERAPEUTICS INC729139105COM6,000,000$8,100,000dollars as filed
BAUSCH PLUS LOMB CORP071705107COMMON SHARES550,000$7,975,000dollars as filed
INSMED INC COM PAR $.01457669307Stock100,000$7,629,000dollars as filed
PHATHOM PHARMACEUTICALS INC71722W107COMMON STOCK1,200,000$7,524,000dollars as filed
APOGEE THERAPEUTICS INC COM03770N101Stock200,000$7,472,000dollars as filed
HILLEVAX INC43157M102COM4,920,000$7,134,000dollars as filed
IMMUNITYBIO INC45256X103COM2,333,333$7,023,332dollars as filed
NUVATION BIO INC COM CL A67080N101Stock3,900,000$6,864,000dollars as filed
ESSA PHARMA INC29668H708COM NEW4,300,000$6,794,000dollars as filed
EDGEWISE THERAPEUTICS INC28036F105COM300,000$6,600,000dollars as filed
VIKING THERAPEUTICS INC92686J106COM270,000$6,520,500dollars as filed
DESIGN THERAPEUTICS INC25056L103COM1,680,975$6,488,564dollars as filed
REGENERON PHARMACEUTICALS COM75886F107Stock10,000$6,342,300dollars as filed
ADICET BIO INC007002108COM8,223,612$6,208,827dollars as filed
BIOAGE LABS INC COM09077V100Stock1,600,000$6,016,000dollars as filed
BIOCRYST PHARMACEUTICALS INC COM09058V103Stock800,000$6,000,000dollars as filed
IOVANCE BIOTHERAPEUTICS INC462260100COM1,800,000$5,994,000dollars as filed
ABCELLERA BIOLOGICS INC COM00288U106Stock2,600,000$5,798,000dollars as filed
ROCKET PHARMACEUTICALS INC77313F106COM850,000$5,669,500dollars as filed
HERON THERAPEUTICS INC427746102COM2,235,459$4,918,010dollars as filed
LANTHEUS HLDGS INC516544103COM50,000$4,880,000dollars as filed
DIANTHUS THERAPEUTICS INC252828108COM264,692$4,801,513dollars as filed
BIOGEN INC COM09062X103Stock35,000$4,789,400dollars as filed
IONIS PHARMACEUTICALS INC COM462222100Stock150,000$4,525,500dollars as filed
CYTOMX THERAPEUTICS INC23284F105COMMON STOCK6,717,825$4,271,193dollars as filed
MERUS N VN5749R100COM100,000$4,209,000dollars as filed
COHERUS ONCOLOGY INC19249H103COM5,097,362$4,113,571dollars as filed
JANUX THERAPEUTICS INC47103J105COM150,000$4,050,000dollars as filed
CYTOKINETICS INC23282W605COM NEW100,000$4,019,000dollars as filed
COMPASS PATHWAYS PLC20451W101SPONSORED ADS1,400,000$4,004,000dollars as filed
TG THERAPEUTICS INC COM88322Q108Stock100,000$3,943,000dollars as filed
GENMAB A/S372303206Ordinary Shares, nominal value DKK 1 per share200,000$3,916,000dollars as filed
NOVAVAX INC670002401COM NEW600,000$3,846,000dollars as filed
ALEXANDRIA REAL ESTATE EQ INC COM015271109REIT40,000$3,700,400dollars as filed
VERA THERAPEUTICS INC92337R101COMMON STOCK150,000$3,603,000dollars as filed
SOLENO THERAPEUTICS INC834203309COM50,000$3,572,500dollars as filed
Ventyx Biosciences Inc92332V107Common Stock3,100,000$3,565,000dollars as filed
NUVALENT INC COM670703107Stock50,000$3,546,000dollars as filed
REVOLUTION MEDICINES INC COM76155X100Stock100,000$3,536,000dollars as filed
KEZAR LIFE SCIENCES INC49372L209COM NEW720,000$3,513,600dollars as filed
BIOHAVEN LTDG1110E107COM140,000$3,365,600dollars as filed
STOKE THERAPEUTICS INC86150R107COM500,000$3,325,000dollars as filed
SPRINGWORKS THERAPEUTICS INC85205L107COM74,265$3,277,314dollars as filed
VIR BIOTECHNOLOGY INC92764N102COM500,000$3,240,000dollars as filed
THIRD HARMONIC BIO INC88427A107COM929,727$3,226,153dollars as filed
PRECISION BIOSCIENCES INC74019P207COM NEW673,332$3,211,794dollars as filed
BLACK DIAMOND THERAPEUTICS I09203E105COM2,070,209$3,208,824dollars as filed
MINERALYS THERAPEUTICS INC603170101COM200,000$3,176,000dollars as filed
TECTONIC THERAPEUTIC INC878972108COMMON STOCK179,166$3,173,030dollars as filed
KALARIS THERAPEUTICS INC482929106COM309,221$2,483,044dollars as filed
SYNDAX PHARMACEUTICALS INC87164F105COM200,000$2,457,000dollars as filed
ZENTALIS PHARMACEUTICALS INC98943L107COMMON STOCK1,500,000$2,385,000dollars as filed
THERAVANCE BIOPHARMA INCG8807B106COM262,896$2,347,661dollars as filed
Berkshire Hathaway Inc084670702COM4,401$2,343,664dollars as filed
MIND MEDICINE MINDMED INC60255C885COM NEW400,200$2,341,170dollars as filed
Visa Inc92826C839COM6,570$2,302,352dollars as filed
SEER INC81578P106COM CL A1,294,423$2,187,575dollars as filed
JPMorgan Chase & Co46625H100COM8,854$2,171,881dollars as filed
Verizon Communications Inc92343V104COM47,153$2,138,843dollars as filed
Coca-Cola Company191216100COM29,762$2,131,567dollars as filed
IDEXX LABS INC COM45168D104Stock5,000$2,099,750dollars as filed
Walmart Inc.931142103COM23,802$2,089,547dollars as filed
Johnson & Johnson478160104COM12,243$2,030,379dollars as filed
ATYR PHARMA INC002120202COM NEW671,134$2,026,825dollars as filed
Procter & Gamble Co742718109COM11,813$2,013,180dollars as filed
ALLAKOS INC01671P100COM8,693,687$1,978,683dollars as filed
EXXON MOBIL CORP30231G102COM16,597$1,973,934dollars as filed
ALX ONCOLOGY HOLDINGS INC00166B105COMMON STOCK3,158,265$1,967,599dollars as filed
BLUEBIRD BIO INC COM NEW09609G209Stock400,000$1,952,000dollars as filed
Intel Corp458140100COM84,945$1,929,101dollars as filed
UnitedHealth Group Inc91324P102COM3,541$1,854,542dollars as filed
Walt Disney Co254687106COM18,626$1,838,338dollars as filed
Microsoft Corp594918104COM4,825$1,811,275dollars as filed
Home Depot, Inc437076102COM4,850$1,777,501dollars as filed
CAREDX INC14167L103COM100,000$1,775,000dollars as filed
Texas Instruments Incorporated882508104COM9,775$1,756,553dollars as filed
ONKURE THERAPEUTICS INC68277Q105COM CL A400,000$1,720,000dollars as filed
Pfizer Inc.717081103COM66,800$1,692,719dollars as filed
ERASCA INC COM29479A108Stock1,190,012$1,630,316dollars as filed
VERASTEM INC92337C203COMMON STOCK270,000$1,628,100dollars as filed
NIKE,Inc. Class B654106103COM24,764$1,572,006dollars as filed
BOLT BIOTHERAPEUTICS INC097702104COM3,812,773$1,525,109dollars as filed
FATE THERAPEUTICS INC31189P102COM1,867,773$1,475,727dollars as filed
VIATRIS INC COM92556V106Stock168,979$1,471,811dollars as filed
PAYPALHLDGSINC70450Y103STOK22,108$1,442,577dollars as filed
C4 THERAPEUTICS INC12529R107COM STK900,000$1,440,000dollars as filed
NEUMORA THERAPEUTICS INC.640979100COM1,400,000$1,400,000dollars as filed
ELEVATION ONCOLOGY INC COM28623U101Stock4,760,000$1,233,316dollars as filed
CLIMB BIO INC28658R106COMMON STOCK1,000,000$1,220,000dollars as filed
Netflix, Inc64110L106COM1,301$1,212,855dollars as filed
Applied Therapeutics Inc03828A101Common Stock2,428,169$1,187,132dollars as filed
ALIGOS THERAPEUTICS INC01626L204COM NEW141,131$1,164,331dollars as filed
T-Mobile US,Inc.872590104COM4,328$1,154,363dollars as filed
General Electric Company369604301COM5,675$1,135,926dollars as filed
KRONOS BIO INC50107A104COM1,345,413$1,109,966dollars as filed
PYXIS ONCOLOGY INC COMMON STOCK747324101Stock1,100,000$1,077,890dollars as filed
ALLSTATE CORP COM020002101Stock5,112$1,058,622dollars as filed
Boeing Company097023105COM6,068$1,034,927dollars as filed
PAYCHEX INC704326107COM6,688$1,031,815dollars as filed
McDonalds Corporation580135101COM3,228$1,008,238dollars as filed
AMERICAN ASSETS TR INC COM024013104REIT50,000$1,007,000dollars as filed
American Express Company025816109COM3,666$986,309dollars as filed
BEAM THERAPEUTICS INC07373V105COM50,000$976,500dollars as filed
ULTA BEAUTY INC COM90384S303Stock2,606$955,223dollars as filed
Chevron Corporation166764100COM5,697$953,059dollars as filed
HORMEL FOODS CORP COM440452100Stock30,464$942,545dollars as filed
Amazon.com, Inc023135106COM4,895$931,276dollars as filed
SHERWIN WILLIAMS CO824348106COM2,648$924,589dollars as filed
OPTIMIZERX CORP68401U204COM NEW100,000$866,000dollars as filed
CLOROX CO DEL189054109COM5,766$849,092dollars as filed
UNITED AIRLS HLDGS INC COM910047109Stock11,993$828,083dollars as filed
Tscan Therapeutics Inc89854M101COM600,000$828,000dollars as filed
FORD MTR CO COM345370860Stock81,727$819,719dollars as filed
GE Vernova Inc.36828A101COM2,593$791,721dollars as filed
FEDEX CORP COM31428X106Stock3,201$780,281dollars as filed
SEALED AIR CORP NEW81211K100COM26,946$778,744dollars as filed
FORTREA HLDGS INC COMMON STOCK34965K107Stock100,000$755,000dollars as filed
CAPRICOR THERAPEUTICS INC14070B309COMMON STOCK79,100$750,659dollars as filed
WHIRLPOOL CORP COM963320106Stock8,163$735,760dollars as filed
OMNIAB INC68218J103COM300,000$720,000dollars as filed
CENTESSA PHARMACEUTICALS PLC152309100SPONSORED ADS50,000$719,000dollars as filed
ENANTA PHARMACEUTICALS INC29251M106COM126,655$699,136dollars as filed
HEWLETT PACKARD ENTERPRISE CO COM42824C109Stock44,547$687,355dollars as filed
CORBUS PHARMACEUTICALS21833P301COM NEW127,520$677,131dollars as filed
KURA ONCOLOGY INC COM50127T109Stock100,000$660,000dollars as filed
PUMA BIOTECHNOLOGY INC74587V107COMMON STOCK200,000$592,000dollars as filed
ASTRIA THERAPEUTICS INC COM04635X102Stock100,000$534,000dollars as filed
LEXICON PHARMACEUTICALS INC528872302COMMON STOCK1,150,268$530,043dollars as filed
PASSAGE BIO INC702712100COM1,500,000$529,650dollars as filed
OUTLOOK THERAPEUTICS INC69012T305COM400,000$488,000dollars as filed
Reviva Pharmaceuticals Holdings Inc76152G100Common Stock510,329$486,752dollars as filed
BIOATLA INC09077B104COM1,374,076$476,530dollars as filed
ATARA BIOTHERAPEUTICS INC046513206COM NEW75,196$446,664dollars as filed
STANDARD BIOTOOLS INC34385P108COM407,755$440,375dollars as filed
CENTURY THERAPEUTICS INC15673T100COM900,000$428,400dollars as filed
AMYLYX PHARMACEUTICALS INC03237H101COM100,000$354,000dollars as filed
FILANA THERAPEUTICS INC14817C107CMN200,000$300,000dollars as filed
GRAIL INC384747101COM11,300$288,602dollars as filed
KODIAK SCIENCES INC50015M109COM100,000$280,500dollars as filed
MACROGENICS INC556099109COM218,856$277,947dollars as filed
CORTEXYME INC22053A107COM184,383$245,229dollars as filed
INVIVYD INC00534A102COMMON STOCK400,000$242,120dollars as filed
NEXTCURE INC65343E108COM404,144$194,110dollars as filed
METAGENOMI THERAPEUTICS INC59102M104COM134,978$183,570dollars as filed
AEROVATE THERAPEUTICS INC008064107COM69,754$175,083dollars as filed
ATHIRA PHARMA INC04746L104COM600,000$170,940dollars as filed
SERES THERAPEUTICS INC81750R102COM203,904$142,753dollars as filed
SUTRO BIOPHARMA INC869367102COM200,000$130,120dollars as filed
AFFIMED N VN01045207COM148,315$107,261dollars as filed

Amendment chain

FilingRoleFiledAcceptedIngested
13F-HR 0001214659-25-007882this filing2025-05-15acceptance time not in the bulk data set