Skip to content
Disclosery

MONTANOVA CAPITAL, LLC

Follow

13F filer, CIK 1569064, New York, NY

MONTANOVA CAPITAL, LLC reported $3,906,850,029 across 93 holdings for the quarter ended 2025-09-30, in a 13F-HR filed 2025-11-14. Its ten largest share positions make up 35.73% of the portfolio.

Filed (acceptance time not in the bulk data set), ingested 13F-HR 0001172661-25-004838

Period
2025-09-30
Reported value
$3.91B
Holdings
93
Top 10 weight
35.73%
New
11
Sold out
16

Largest buys vs the previous quarter

SecurityShares changeApprox. value
KDPnew+1,570,000$40.1M
MSOSnew+7,167,000$34.3M
RNAMnew+750,000$32.7M
PROKnew+12,341,266$29.9M
CRMnew+125,250$29.7M

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Largest sells vs the previous quarter

SecurityShares changeApprox. value
89BIO INCreduced-5,930,000-$87.2M
GEHCexited-532,280-$39.4M
DKSreduced-132,175-$29.4M
DDOGexited-178,832-$24M
ARQTreduced-1,057,582-$19.9M

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Holdings, Q3 2025

Share positions as resolved from 13F-HR 0001172661-25-004838, largest first. % of portfolio is the value over $3,298,296,029, the sum of the share positions whose value is usable for ratios (method).

SecurityHistorySharesValue% of portfolioChangeLatest eventTimeline
ARQTARCUTIS BIOTHERAPEUTICS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 10,721,511 shares; 2024Q4: 11,399,138 shares; 2025Q1: 11,422,978 shares; 2025Q2: 11,535,582 shares; 2025Q3: 10,478,000 shares 10,478,000$198M5.99%-1,057,582Timeline
BNTCBENITEC BIOPHARMA INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 8,829,053 shares; 2024Q4: 8,960,009 shares; 2025Q1: 9,876,506 shares; 2025Q2: 9,876,506 shares; 2025Q3: 9,876,506 shares 9,876,506$139M4.2%0Timeline
METAMETA PLATFORMS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 168,488 shares; 2024Q4: 170,338 shares; 2025Q1: 179,664 shares; 2025Q2: 169,845 shares; 2025Q3: 170,973 shares 170,973$126M3.81%+1,128Timeline
LEGNLEGEND BIOTECH CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 3,496,234 shares; 2025Q1: 3,749,965 shares; 2025Q2: 3,774,009 shares; 2025Q3: 3,818,009 shares 3,818,009$125M3.77%+44,000Timeline
89BIO INC89BIO INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 7,991,644 shares; 2024Q4: 10,202,696 shares; 2025Q1: 14,335,244 shares; 2025Q2: 14,210,000 shares; 2025Q3: 8,280,000 shares 8,280,000$122M3.69%-5,930,000
IMTXIMMATICS N.VQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 5,065,277 shares; 2025Q1: 9,135,029 shares; 2025Q2: 12,030,129 shares; 2025Q3: 12,030,129 shares 12,030,129$102M3.11%0Timeline
KOCOCA COLA COQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 588,912 shares; 2024Q4: 1,137,853 shares; 2025Q1: 415,720 shares; 2025Q2: 1,233,230 shares; 2025Q3: 1,455,080 shares 1,455,080$96.5M2.93%+221,850Timeline
GEGE AEROSPACEQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 200,662 shares; 2024Q4: 200,662 shares; 2025Q1: 200,662 shares; 2025Q2: 310,262 shares; 2025Q3: 310,262 shares 310,262$93.3M2.83%0Timeline
NVDANVIDIA CORPORATIONQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 180,756 shares; 2025Q1: 352,765 shares; 2025Q2: 499,562 shares; 2025Q3: 483,535 shares 483,535$90.2M2.74%-16,027Timeline
EYPTEYEPOINT INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 5,175,823 shares; 2024Q4: 6,783,091 shares; 2025Q1: 6,804,091 shares; 2025Q2: 6,804,091 shares; 2025Q3: 6,192,715 shares 6,192,715$88.2M2.67%-611,376Timeline
BHVNBIOHAVEN LTDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 5,199,219 shares; 2024Q4: 5,620,271 shares; 2025Q1: 5,620,271 shares; 2025Q2: 5,620,271 shares; 2025Q3: 5,620,271 shares 5,620,271$84.4M2.56%0Timeline
MLYSMINERALYS THERAPEUTICS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 1,667,759 shares; 2025Q2: 1,744,492 shares; 2025Q3: 2,132,133 shares 2,132,133$80.9M2.45%+387,641Timeline
HDHOME DEPOT INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 97,571 shares; 2025Q2: 130,721 shares; 2025Q3: 197,311 shares 197,311$79.9M2.42%+66,590Timeline
TSMTAIWAN SEMICONDUCTOR MANUFACQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 348,742 shares; 2024Q4: 345,912 shares; 2025Q1: 350,514 shares; 2025Q2: 300,401 shares; 2025Q3: 277,201 shares 277,201$77.4M2.35%-23,200Timeline
KURAKURA ONCOLOGY INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 7,652,782 shares; 2024Q4: 5,076,448 shares; 2025Q1: 7,439,259 shares; 2025Q2: 8,116,000 shares; 2025Q3: 8,116,000 shares 8,116,000$71.8M2.18%0Timeline
FERGFERGUSON ENTERPRISES INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 225,210 shares; 2024Q4: 245,530 shares; 2025Q1: 129,924 shares; 2025Q2: 189,660 shares; 2025Q3: 306,260 shares 306,260$68.8M2.09%+116,600Timeline
AVBPARRIVENT BIOPHARMA INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,845,162 shares; 2024Q4: 2,246,000 shares; 2025Q1: 2,337,496 shares; 2025Q2: 3,412,788 shares; 2025Q3: 3,703,452 shares 3,703,452$68.3M2.07%+290,664Timeline
APLSAPELLIS PHARMACEUTICALS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 793,187 shares; 2025Q1: 1,646,615 shares; 2025Q2: 2,878,000 shares; 2025Q3: 2,878,000 shares 2,878,000$65.1M1.97%0Timeline
AMDADVANCED MICRO DEVICES INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 346,575 shares; 2024Q4: 337,415 shares; 2025Q1: 404,008 shares; 2025Q2: 398,799 shares; 2025Q3: 398,799 shares 398,799$64.5M1.96%0Timeline
ORCLORACLE CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 237,094 shares; 2024Q4: 226,318 shares; 2025Q1: 226,318 shares; 2025Q2: 230,728 shares; 2025Q3: 226,318 shares 226,318$63.6M1.93%-4,410Timeline
RAREULTRAGENYX PHARMACEUTICAL INQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,151,314 shares; 2024Q4: 1,151,314 shares; 2025Q1: 2,024,500 shares; 2025Q2: 2,278,000 shares; 2025Q3: 2,019,000 shares 2,019,000$60.7M1.84%-259,000Timeline
BACBANK OF AMER CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 753,913 shares; 2025Q2: 927,190 shares; 2025Q3: 1,160,330 shares 1,160,330$59.9M1.81%+233,140Timeline
KALVKALVISTA PHARMACEUTICALS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 4,212,005 shares; 2024Q4: 4,913,012 shares; 2025Q1: 4,913,012 shares; 2025Q2: 4,955,000 shares; 2025Q3: 4,768,712 shares 4,768,712$58.1M1.76%-186,288Timeline
APOAPOLLO GLOBAL MGMT INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 465,050 shares; 2024Q4: 464,140 shares; 2025Q1: 396,540 shares; 2025Q2: 428,460 shares; 2025Q3: 431,260 shares 431,260$57.5M1.74%+2,800Timeline
MSFTMICROSOFT CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 96,526 shares; 2024Q4: 118,397 shares; 2025Q1: 180,125 shares; 2025Q2: 98,828 shares; 2025Q3: 109,455 shares 109,455$56.7M1.72%+10,627Timeline
PVLAPALVELLA THERAPEUTICS INC NEQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 714,463 shares; 2025Q1: 714,463 shares; 2025Q2: 714,463 shares; 2025Q3: 822,400 shares 822,400$51.6M1.56%+107,937Timeline
COFCAPITAL ONE FINL CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 235,600 shares; 2024Q4: 251,642 shares; 2025Q1: 245,222 shares; 2025Q2: 194,160 shares; 2025Q3: 238,770 shares 238,770$50.8M1.54%+44,610Timeline
DHRDANAHER CORP DELQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 16,427 shares; 2024Q4: 13,600 shares; 2025Q1: 13,600 shares; 2025Q2: 174,700 shares; 2025Q3: 255,800 shares 255,800$50.7M1.54%+81,100Timeline
RCUSARCUS BIOSCIENCES INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 663,603 shares; 2024Q4: 576,156 shares; 2025Q1: 2,560,904 shares; 2025Q2: 3,688,858 shares; 2025Q3: 3,688,858 shares 3,688,858$50.2M1.52%0Timeline
FULCFULCRUM THERAPEUTICS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,182,791 shares; 2024Q4: 3,338,466 shares; 2025Q1: 5,067,394 shares; 2025Q2: 5,082,900 shares; 2025Q3: 5,381,000 shares 5,381,000$49.5M1.5%+298,100Timeline
CMPXCOMPASS THERAPEUTICS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 7,149,493 shares; 2025Q3: 14,101,159 shares 14,101,159$49.4M1.5%+6,951,666Timeline
AMZNAMAZON COM INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 352,069 shares; 2024Q4: 351,281 shares; 2025Q1: 354,356 shares; 2025Q2: 257,625 shares; 2025Q3: 218,547 shares 218,547$48M1.45%-39,078Timeline
TSLATESLA INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 193,842 shares; 2024Q4: 163,630 shares; 2025Q1: 122,016 shares; 2025Q2: 92,357 shares; 2025Q3: 91,252 shares 91,252$40.6M1.23%-1,105Timeline
KDPKEURIG DR PEPPER INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 703,095 shares; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 1,570,000 shares 1,570,000$40.1M1.21%newTimeline
BSXBOSTON SCIENTIFIC CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 251,689 shares; 2024Q4: 397,679 shares; 2025Q1: 262,099 shares; 2025Q2: 353,561 shares; 2025Q3: 353,561 shares 353,561$34.5M1.05%0Timeline
MSOSADVISORSHARES TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 7,167,000 shares 7,167,000$34.3M1.04%newTimeline
UNHUNITEDHEALTH GROUP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 146,845 shares; 2024Q4: 75,198 shares; 2025Q1: 29,900 shares; 2025Q2: 68,000 shares; 2025Q3: 96,220 shares 96,220$33.2M1.01%+28,220Timeline
RNAMAVIDITY BIOSCIENCES INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 750,000 shares 750,000$32.7M0.99%newTimeline
ERASERASCA INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 13,768,039 shares; 2024Q4: 12,315,004 shares; 2025Q1: 12,315,004 shares; 2025Q2: 14,502,004 shares; 2025Q3: 14,502,004 shares 14,502,004$31.6M0.96%0Timeline
INSMINSMED INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,635,709 shares; 2024Q4: 1,611,561 shares; 2025Q1: 1,492,383 shares; 2025Q2: 238,783 shares; 2025Q3: 217,783 shares 217,783$31.4M0.95%-21,000Timeline
PROKPROKIDNEY CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 12,341,266 shares 12,341,266$29.9M0.91%newTimeline
CRMSALESFORCE INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 125,250 shares 125,250$29.7M0.9%newTimeline
DKSDICKS SPORTING GOODS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 260,465 shares; 2025Q3: 128,290 shares 128,290$28.5M0.86%-132,175Timeline
AURAAURA BIOSCIENCES INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 2,731,886 shares; 2025Q2: 4,372,884 shares; 2025Q3: 4,372,884 shares 4,372,884$27M0.82%0Timeline
GLUEMONTE ROSA THERAPEUTICS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 2,659,000 shares; 2024Q4: 1,563,798 shares; 2025Q1: 1,563,798 shares; 2025Q2: 3,360,000 shares; 2025Q3: 3,360,000 shares 3,360,000$24.9M0.75%0Timeline
JNJJOHNSON & JOHNSONQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 138,447 shares; 2024Q4: 139,986 shares; 2025Q1: 109,386 shares; 2025Q2: 132,786 shares; 2025Q3: 132,786 shares 132,786$24.6M0.75%0Timeline
ZURAZURA BIO LTDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 4,860,939 shares; 2024Q4: 4,860,939 shares; 2025Q1: 4,860,939 shares; 2025Q2: 4,860,939 shares; 2025Q3: 5,472,891 shares 5,472,891$23.7M0.72%+611,952Timeline
BIIBBIOGEN INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 29,946 shares; 2024Q4: 115,436 shares; 2025Q1: 120,736 shares; 2025Q2: 151,890 shares; 2025Q3: 168,190 shares 168,190$23.6M0.71%+16,300Timeline
MRVLMARVELL TECHNOLOGY INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 272,300 shares 272,300$22.9M0.69%newTimeline
NOWSERVICENOW INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 22,000 shares 22,000$20.2M0.61%newTimeline
CTNMCONTINEUM THERAPEUTICS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,720,000 shares; 2024Q4: 1,720,000 shares; 2025Q1: 1,720,000 shares; 2025Q2: 1,720,000 shares; 2025Q3: 1,720,000 shares 1,720,000$20.2M0.61%0Timeline
SNOWSNOWFLAKE INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 137,886 shares; 2025Q2: not reported; 2025Q3: 89,200 shares 89,200$20.1M0.61%newTimeline
GSGOLDMAN SACHS GROUP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 108,308 shares; 2024Q4: 74,198 shares; 2025Q1: 25,538 shares; 2025Q2: 24,108 shares; 2025Q3: 24,108 shares 24,108$19.2M0.58%0Timeline
MRKMERCK & CO INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 53,000 shares; 2025Q1: 144,100 shares; 2025Q2: 219,178 shares; 2025Q3: 219,178 shares 219,178$18.4M0.56%0Timeline
PINSPINTEREST INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 615,911 shares; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 430,025 shares; 2025Q3: 497,185 shares 497,185$16M0.48%+67,160Timeline
ABEOABEONA THERAPEUTICS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 3,685,503 shares; 2024Q4: 3,685,503 shares; 2025Q1: 3,685,503 shares; 2025Q2: 2,676,000 shares; 2025Q3: 2,676,000 shares 2,676,000$14.1M0.43%0Timeline
RCKTROCKET PHARMACEUTICALS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 2,566,951 shares; 2025Q1: 3,502,000 shares; 2025Q2: 4,143,333 shares; 2025Q3: 3,843,333 shares 3,843,333$12.5M0.38%-300,000Timeline
REGNREGENERON PHARMACEUTICALSQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 8,630 shares; 2025Q3: 17,730 shares 17,730$9.97M0.3%+9,100Timeline
IFRXINFLARX NVQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 5,733,910 shares; 2024Q4: 5,733,910 shares; 2025Q1: 6,483,910 shares; 2025Q2: 6,483,910 shares; 2025Q3: 6,483,910 shares 6,483,910$8.69M0.26%0Timeline
MOLNMOLECULAR PARTNERS AGQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 400,000 shares; 2024Q4: 2,221,494 shares; 2025Q1: 2,221,494 shares; 2025Q2: 2,221,494 shares; 2025Q3: 2,221,494 shares 2,221,494$8.24M0.25%0Timeline
WHWKWHITEHAWK THERAPEUTICS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 3,700,000 shares; 2025Q2: 3,700,000 shares; 2025Q3: 3,700,000 shares 3,700,000$7.03M0.21%0Timeline
ABTABBOTT LABORATORIESQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 33,520 shares; 2024Q4: 33,520 shares; 2025Q1: 58,820 shares; 2025Q2: 40,520 shares; 2025Q3: 51,020 shares 51,020$6.83M0.21%+10,500Timeline
TMOTHERMO FISHER SCIENTIFIC INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 7,260 shares; 2024Q4: 7,900 shares; 2025Q1: 7,900 shares; 2025Q2: 7,900 shares; 2025Q3: 13,400 shares 13,400$6.5M0.2%+5,500Timeline
SUTRO BIOPHARMA INCSUTRO BIOPHARMA INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 7,187,495 shares; 2024Q4: 7,462,495 shares; 2025Q1: 7,462,495 shares; 2025Q2: 6,488,324 shares; 2025Q3: 6,488,324 shares 6,488,324$5.63M0.17%0
EXASEXACT SCIENCES CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 94,100 shares; 2024Q4: 94,100 shares; 2025Q1: 94,100 shares; 2025Q2: 94,100 shares; 2025Q3: 94,100 shares 94,100$5.15M0.16%0Timeline
ELANELANCO ANIMAL HEALTH INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 253,600 shares; 2024Q4: 253,600 shares; 2025Q1: 253,600 shares; 2025Q2: 253,600 shares; 2025Q3: 253,600 shares 253,600$5.11M0.15%0Timeline
CORCENCORA INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 12,488 shares; 2024Q4: 12,488 shares; 2025Q1: 12,488 shares; 2025Q2: 12,488 shares; 2025Q3: 12,488 shares 12,488$3.9M0.12%0Timeline
UTHRUNITED THERAPEUTICS CORP DELQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 7,500 shares 7,500$3.14M0.1%newTimeline
KZRKEZAR LIFE SCIENCES INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 716,759 shares; 2025Q1: 716,759 shares; 2025Q2: 716,759 shares; 2025Q3: 716,759 shares 716,759$2.8M0.08%0Timeline
MTDMETTLER TOLEDO INTERNATIONALQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,964 shares; 2024Q4: 1,964 shares; 2025Q1: 1,964 shares; 2025Q2: 1,964 shares; 2025Q3: 1,964 shares 1,964$2.41M0.07%0Timeline
MDTMEDTRONIC PLCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 17,460 shares; 2024Q4: 17,460 shares; 2025Q1: 25,060 shares; 2025Q2: 25,060 shares; 2025Q3: 25,060 shares 25,060$2.39M0.07%0Timeline
ISRGINTUITIVE SURGICAL INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 5,200 shares; 2024Q4: 5,200 shares; 2025Q1: 5,200 shares; 2025Q2: 5,200 shares; 2025Q3: 5,200 shares 5,200$2.33M0.07%0Timeline
SYKSTRYKER CORPORATIONQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 4,360 shares; 2024Q4: 4,360 shares; 2025Q1: 5,860 shares; 2025Q2: 5,860 shares; 2025Q3: 5,860 shares 5,860$2.17M0.07%0Timeline
DXCMDEXCOM INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 31,680 shares; 2024Q4: 31,680 shares; 2025Q1: 31,680 shares; 2025Q2: 31,680 shares; 2025Q3: 31,680 shares 31,680$2.13M0.06%0Timeline
NTRANATERA INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 10,100 shares; 2024Q4: 10,100 shares; 2025Q1: 10,100 shares; 2025Q2: 10,100 shares; 2025Q3: 10,100 shares 10,100$1.63M0.05%0Timeline
MCKMCKESSON CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,830 shares; 2024Q4: 1,830 shares; 2025Q1: 1,830 shares; 2025Q2: 1,830 shares; 2025Q3: 1,830 shares 1,830$1.41M0.04%0Timeline
IQVIQVIA HLDGS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 7,175 shares; 2024Q4: 7,175 shares; 2025Q1: 7,175 shares; 2025Q2: 7,175 shares; 2025Q3: 7,175 shares 7,175$1.36M0.04%0Timeline
HCAHCA HEALTHCARE INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 3,190 shares; 2024Q4: 3,190 shares; 2025Q1: 3,190 shares; 2025Q2: 3,190 shares; 2025Q3: 3,190 shares 3,190$1.36M0.04%0Timeline
LKFTLAKEFRONT BIOTHERAPEUTICS NVQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 47,200 shares; 2024Q4: 37,111 shares; 2025Q1: 37,111 shares; 2025Q2: 37,111 shares; 2025Q3: 37,111 shares 37,111$1.29M0.04%0Timeline
WATWATERS CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 3,150 shares; 2024Q4: 3,150 shares; 2025Q1: 3,150 shares; 2025Q2: 3,150 shares; 2025Q3: 3,150 shares 3,150$944K0.03%0Timeline
AVTRAVANTOR INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 71,850 shares; 2024Q4: 71,850 shares; 2025Q1: 71,850 shares; 2025Q2: 71,850 shares; 2025Q3: 71,850 shares 71,850$897K0.03%0Timeline
EWEDWARDS LIFESCIENCES CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 11,100 shares; 2024Q4: 11,100 shares; 2025Q1: 11,100 shares; 2025Q2: 11,100 shares; 2025Q3: 11,100 shares 11,100$863K0.03%0Timeline
IONSIONIS PHARMACEUTICALS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 10,800 shares; 2024Q4: 10,800 shares; 2025Q1: 10,800 shares; 2025Q2: 10,800 shares; 2025Q3: 10,800 shares 10,800$707K0.02%0Timeline
RMDRESMED INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 2,390 shares; 2024Q4: 2,390 shares; 2025Q1: 2,390 shares; 2025Q2: 2,390 shares; 2025Q3: 2,390 shares 2,390$654K0.02%0Timeline
AAGILENT TECHNOLOGIES INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 4,990 shares; 2024Q4: 4,990 shares; 2025Q1: 4,990 shares; 2025Q2: 4,990 shares; 2025Q3: 4,990 shares 4,990$640K0.02%0Timeline
VLTOVERALTO CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 5,475 shares; 2024Q4: 5,475 shares; 2025Q1: 5,475 shares; 2025Q2: 5,475 shares; 2025Q3: 5,475 shares 5,475$584K0.02%0Timeline
STESTERIS PLCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,530 shares; 2024Q4: 1,530 shares; 2025Q1: 1,530 shares; 2025Q2: 1,530 shares; 2025Q3: 1,530 shares 1,530$379K0.01%0Timeline
SRPTSAREPTA THERAPEUTICS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 17,888 shares; 2025Q1: 17,888 shares; 2025Q2: 17,888 shares; 2025Q3: 17,888 shares 17,888$345K0.01%0Timeline
ZBHZIMMER BIOMET HOLDINGS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 3,260 shares; 2024Q4: 3,260 shares; 2025Q1: 3,260 shares; 2025Q2: 3,260 shares; 2025Q3: 3,260 shares 3,260$321K0.01%0Timeline
PACSPACS GROUP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 20,000 shares; 2024Q4: 20,000 shares; 2025Q1: 20,000 shares; 2025Q2: 20,000 shares; 2025Q3: 20,000 shares 20,000$275K0.01%0Timeline

Options

Puts and calls, as filed. The amount and value describe the underlying shares, not the option premium, so they stay out of % of portfolio (H5).

SecurityTypeAmountValueChange
SPYSTATE STR SPDR S&P 500 ETF T SHSput800,000$533M+100,000
XBISPDR SERIES TRUST S&P BIOTECHput500,000$50.1Mnew
KDPKEURIG DR PEPPER INC Stockcall1,000,000$25.5Mnew

Sold out in Q3 2025

Positions in the previous quarter's report that this quarter's report no longer lists.

SecurityShares beforeValue beforeType
IWMISHARES TR702,500$152Mput
NVDANVIDIA CORPORATION500,000$79Mcall
GEHCGE HEALTHCARE TECHNOLOGIES I532,280$39.4Mshares
DDOGDATADOG INC178,832$24Mshares
MRNAMODERNA INC517,163$14.3Mshares
KYMRKYMERA THERAPEUTICS INC275,000$12Mshares
TSHATAYSHA GENE THERAPIES INC3,217,449$7.43Mshares
ProKidney CorpProKidney Corp12,341,266$7.31Mshares
WINGWINGSTOP INC3,961$1.33Mshares
OSONESTREAM INC33,080$936Kshares
UALUNITED AIRLS HLDGS INC10,401$828Kshares
CRHCRH PLC8,460$777Kshares
CZRCAESARS ENTERTAINMENT INC NE18,875$536Kshares
PEPGPEPGEN INC300,000$333Kshares
BAXBAXTER INTL INC7,970$241Kshares
ALGNALIGN TECHNOLOGY INC1,100$208Kshares

How Q3 2025 was built

Available 13F filings of this filer for the quarter and their roles: the base report is the latest original or restatement, NEW HOLDINGS amendments filed after it are added (method).

FilingRoleAmendmentFiledAcceptedIngested
13F-HR 0001172661-25-004838 base2025-11-14acceptance time not in the bulk data set