| Stock | Ownership Trend | Portfolio % | Prev Q % | Q2 2026 Value | Q2 2026 Shares | Prev Q Value | Prev Q Shares | Shares Change | Action |
|---|---|---|---|---|---|---|---|---|---|
 PHARVARIS N VPHVS | 30.92% | 46.71% | $160.6M | 4.6M | $131.1M | 4.6M | +4,126+0.09% | Add | |
| PPARABILIS MEDICINES INCPBLS | 27.75% | — | $144.1M | 5.3M | $0 | 0 | +5.3M | New Buy | |
 ALUMIS INCALMS | 24.53% | 35.56% | $127.4M | 4.5M | $99.8M | 4.5M | 00.00% | Unchanged | |
| AACHIEVE LIFE SCIENCE INCACHV | 7.44% | — | $38.6M | 5.9M | $0 | 0 | +5.9M | New Buy | |
| AALX ONCOLOGY HLDGS INCALXO | 5.14% | 9.21% | $26.7M | 12.9M | $25.8M | 12.9M | 00.00% | Unchanged | |
 HARMONY BIOSCIENCES HLDGS INHRMY | 3.31% | 4.88% | $17.2M | 472,194 | $13.7M | 489,194 | -17,000-3.48% | Reduce | |
| LLYELL IMMUNOPHARMA INCLYEL | 0.91% | 2.41% | $4.7M | 337,697 | $6.8M | 337,697 | 00.00% | Unchanged |
