Asset Manager
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TANG CAPITAL MANAGEMENT LLC
Market Value
$1.9B
-21.1%
Holdings
193
-8
New Purchases
8
Added To
12
Closed
121
Reduced
36
Top 10 Concentration
54.5%
Turnover
66.8%
Top Buys (by % of Portfolio)
| Symbol | Cur % | Prior % | Chg % | Value |
|---|---|---|---|---|
| AUPH | 9.45% | 5.16% | +4.28% | $181M |
| RNAM | 3.39% | 0.00% | +3.39% | $65M |
| CELC | 5.48% | 2.34% | +3.13% | $105M |
| CAPR | 2.57% | 0.00% | +2.57% | $49M |
| CMPX | 4.71% | 2.43% | +2.29% | $90M |
| PTCT | 5.96% | 3.80% | +2.16% | $114M |
| ANAB | 3.38% | 1.68% | +1.69% | $65M |
| MIRM | 5.10% | 3.74% | +1.37% | $98M |
| KALV | 3.86% | 2.53% | +1.33% | $74M |
| IMCR | 4.77% | 3.45% | +1.32% | $91M |
| BNTX | 2.34% | 1.10% | +1.24% | $45M |
| NUVB | 1.81% | 0.64% | +1.17% | $35M |
| SPY | 1.07% | 0.00% | +1.07% | $20M |
| SYRE | 3.24% | 2.21% | +1.03% | $62M |
| VTYX | 1.33% | 0.40% | +0.93% | $25M |
Top Sells (by % of Portfolio)
| Symbol | Cur % | Prior % | Chg % | Value |
|---|---|---|---|---|
| MRUS | 0.00% | 2.33% | -2.33% | $0 |
| RLAY | 0.00% | 1.74% | -1.74% | $0 |
| VERA | 0.00% | 1.62% | -1.62% | $0 |
| NKE | 0.00% | 1.49% | -1.49% | $0 |
| IONS | 0.00% | 1.48% | -1.48% | $0 |
| CTMX | 0.00% | 1.46% | -1.46% | $0 |
| LEGN | 0.00% | 1.12% | -1.12% | $0 |
| LQDA | 0.00% | 1.07% | -1.07% | $0 |
| JAZZ | 0.00% | 1.03% | -1.03% | $0 |
| LENZ | 0.72% | 1.72% | -1.00% | $14M |
| EOLS | 0.43% | 1.39% | -0.96% | $8M |
| TARS | 5.09% | 6.02% | -0.93% | $97M |
| KROS | 0.00% | 0.93% | -0.93% | $0 |
| ACAD | 0.42% | 1.32% | -0.90% | $8M |
| NBIX | 0.00% | 0.87% | -0.87% | $0 |
Sector Allocation Over Time
Market Cap Concentration
| Tier | Holdings | Value | Weight |
|---|---|---|---|
| Mega Cap | 24 | $60M | 3.1% |
| Large Cap | 37 | $226M | 11.8% |
| Mid Cap | 47 | $852M | 44.5% |
| Small Cap | 47 | $614M | 32.1% |
| Micro Cap | 38 | $161M | 8.4% |
Portfolio Analytics
Avg Market Cap
$141.2B
Median Market Cap
$2.8B
Avg P/E
26.6
Median P/E
20.8
Avg Dividend Yield
0.01%
Avg Beta
0.96
# Stocks
192
# ETFs / Funds
1
Top Holdings (193 total)
| # | Symbol | % Port | Shares | Value | Avg Price | Q/Q Value Chg | Share Chg | Chg % | Status |
|---|---|---|---|---|---|---|---|---|---|
| 1 | AUPH | 9.45% | 11,329,500 | $181M | $15.95 | $56M | — | — | |
| 2 | LKFT | 6.70% | 3,921,219 | $128M | $32.70 | -$16M | -229,975 | -5.5% | |
| 3 | PTCT | 5.96% | 1,500,000 | $114M | $75.96 | $22M | — | — | |
| 4 | CELC | 5.48% | 1,050,000 | $105M | $99.74 | $48M | -100,000 | -8.7% | |
| 5 | MIRM | 5.10% | 1,236,027 | $98M | $78.99 | $7M | — | — | |
| 6 | TARS | 5.09% | 1,188,624 | $97M | $81.88 | -$49M | -1,266,173 | -51.6% | |
| 7 | IMCR | 4.77% | 2,628,538 | $91M | $34.71 | $7M | +322,930 | +14.0% | |
| 8 | CMPX | 4.71% | 16,790,809 | $90M | $5.37 | $31M | -21,154 | -0.1% | |
| 9 | KALV | 3.86% | 4,573,530 | $74M | $16.15 | $12M | -468,268 | -9.3% | |
| 10 | RNAM | 3.39% | 900,000 | $65M | $72.13 | — | +900,000 | — | NEW |
| 11 | ANAB | 3.38% | 1,332,087 | $65M | $48.48 | $24M | -1,552 | -0.1% | |
| 12 | SYRE | 3.24% | 1,892,200 | $62M | $32.76 | $8M | -1,307,800 | -40.9% | |
| 13 | VRDN | 2.92% | 1,792,626 | $56M | $31.12 | -$6M | -1,050,299 | -36.9% | |
| 14 | CAPR | 2.57% | 1,700,000 | $49M | $28.86 | — | +1,700,000 | — | NEW |
| 15 | BNTX | 2.34% | 470,000 | $45M | $95.20 | $18M | +200,000 | +74.1% | |
| 16 | ANIP | 1.99% | 481,437 | $38M | $78.94 | $9M | +163,937 | +51.6% | |
| 17 | VRTX | 1.90% | 80,000 | $36M | $453.36 | $5M | — | — | |
| 18 | NUVB | 1.81% | 3,857,457 | $35M | $8.96 | $19M | -342,543 | -8.2% | |
| 19 | TVTX | 1.40% | 700,000 | $27M | $38.21 | $10M | — | — | |
| 20 | VTYX | 1.33% | 2,814,000 | $25M | $9.03 | $16M | -286,000 | -9.2% | |
| 21 | NVDA | 1.25% | 127,788 | $24M | $186.50 | -$518K | -2,721 | -2.1% | |
| 22 | PGEN | 1.23% | 5,617,500 | $23M | $4.18 | -$17M | -6,782,500 | -54.7% | |
| 23 | SPY | 1.07% | 30,000 | $20M | $681.92 | — | +30,000 | — | NEW |
| 24 | MRNA | 1.07% | 692,820 | $20M | $29.49 | $13M | +387,520 | +126.9% | |
| 25 | VKTX | 0.92% | 500,000 | $18M | $35.18 | -$5M | -370,000 | -42.5% | |
| 26 | AVIR | 0.90% | 4,814,700 | $17M | $3.57 | $3M | -11,500 | -0.2% | |
| 27 | STOK | 0.83% | 500,000 | $16M | $31.74 | $4M | — | — | |
| 28 | IDYA | 0.81% | 450,000 | $16M | $34.57 | $5M | +50,000 | +12.5% | |
| 29 | META | 0.81% | 23,331 | $15M | $660.09 | -$4M | -2,677 | -10.3% | |
| 30 | GSK | 0.77% | 300,000 | $15M | $49.04 | -$3M | -100,000 | -25.0% | |
| 31 | DERM | 0.75% | 1,854,596 | $14M | $7.71 | $1M | — | — | |
| 32 | LENZ | 0.72% | 865,169 | $14M | $16.00 | -$28M | -32,447 | -3.6% | |
| 33 | PCVX | 0.66% | 275,000 | $13M | $46.14 | $2M | -25,000 | -8.3% | |
| 34 | DNTH | 0.57% | 264,692 | $11M | $41.21 | $492K | — | — | |
| 35 | HRMY | 0.57% | 290,292 | $11M | $37.42 | $3M | +9,092 | +3.2% | |
| 36 | BMY | 0.56% | 200,000 | $11M | $53.94 | — | +200,000 | — | NEW |
| 37 | INSM | 0.55% | 60,000 | $10M | $174.04 | -$18M | -140,000 | -70.0% | |
| 38 | CBIO | 0.54% | 872,398 | $10M | $11.86 | $2M | +192,574 | +28.3% | |
| 39 | TDOC | 0.51% | 1,400,000 | $10M | $7.00 | -$1M | — | — | |
| 40 | DVAX | 0.45% | 556,359 | $9M | $15.38 | -$11M | -1,393,141 | -71.5% | |
| 41 | EOLS | 0.43% | 1,245,692 | $8M | $6.65 | -$25M | -4,242,607 | -77.3% | |
| 42 | VSTM | 0.43% | 1,069,810 | $8M | $7.72 | $1M | +280,000 | +35.5% | |
| 43 | HRTX | 0.42% | 6,250,000 | $8M | $1.30 | $4M | +2,800,000 | +81.2% | |
| 44 | ACAD | 0.42% | 300,000 | $8M | $26.71 | -$24M | -1,200,000 | -80.0% | |
| 45 | ALT | 0.40% | 2,131,307 | $8M | $3.61 | -$341K | — | — | |
| 46 | SRPT | 0.39% | 349,220 | $8M | $21.52 | -$4M | -250,780 | -41.8% | |
| 47 | PLRX | 0.39% | 6,143,132 | $7M | $1.22 | -$1M | +139,686 | +2.3% | |
| 48 | ARVN | 0.35% | 569,698 | $7M | $11.86 | -$5M | -824,102 | -59.1% | |
| 49 | TBPH | 0.34% | 351,252 | $7M | $18.71 | $3M | +86,944 | +32.9% | |
| 50 | BCRX | 0.33% | 800,000 | $6M | $7.80 | $168K | — | — | |
| 51 | PMVP | 0.32% | 4,940,000 | $6M | $1.25 | -$524K | +154,799 | +3.2% | |
| 52 | REGN | 0.32% | 8,000 | $6M | $771.87 | $552K | -2,000 | -20.0% | |
| 53 | BIIB | 0.32% | 35,000 | $6M | $175.99 | $1M | — | — | |
| 54 | CORT | 0.29% | 156,764 | $5M | $34.80 | — | +156,764 | — | NEW |
| 55 | ABEO | 0.28% | 1,000,000 | $5M | $5.27 | — | +1,000,000 | — | NEW |
| 56 | IBRX | 0.24% | 2,333,333 | $5M | $1.98 | -$1M | — | — | |
| 57 | KZR | 0.22% | 664,314 | $4M | $6.29 | $1M | -55,686 | -7.7% | |
| 58 | CHRS | 0.20% | 2,724,509 | $4M | $1.42 | -$4M | -2,372,853 | -46.5% | |
| 59 | ERAS | 0.18% | 900,000 | $3M | $3.72 | $72K | -602,915 | -40.1% | |
| 60 | NKTX | 0.14% | 1,480,823 | $3M | $1.85 | -$12M | -5,574,753 | -79.0% | |
| 61 | NUVL | 0.12% | 21,880 | $2M | $100.59 | -$2M | -28,120 | -56.2% | |
| 62 | ARE | 0.10% | 40,000 | $2M | $48.94 | -$1M | — | — | |
| 63 | NMRA | 0.09% | 967,235 | $2M | $1.79 | -$817K | -432,765 | -30.9% | |
| 64 | STRO | 0.08% | 139,617 | $2M | $11.57 | — | +139,617 | — | NEW |
| 65 | BHVN | 0.08% | 140,000 | $2M | $11.29 | -$521K | — | — | |
| 66 | RVMD | 0.07% | 15,640 | $1M | $79.65 | -$3M | -84,360 | -84.4% | |
| 67 | FATE | 0.06% | 1,167,773 | $1M | $0.98 | -$1M | -700,000 | -37.5% | |
| 68 | ZYME | 0.05% | 34,631 | $912K | $26.33 | -$18M | -1,065,369 | -96.8% | |
| 69 | RCKT | 0.02% | 100,000 | $351K | $3.51 | -$2M | -750,000 | -88.2% | |
| 70 | ACET | —% | 6,158 | $52K | $8.42 | — | +6,158 | — | NEW |
| 71 | TCRX | —% | 46,131 | $46K | $1.00 | -$1M | -553,869 | -92.3% | |
| 72 | SAVA | —% | 7,073 | $14K | $1.98 | -$7K | — | — | |
| 73 | KOD | —% | — | — | — | -$2M | -100,000 | -100.0% | SOLD |
| 74 | JAZZ | —% | — | — | — | -$25M | -190,000 | -100.0% | SOLD |
| 75 | AMLX | —% | — | — | — | -$1M | -100,000 | -100.0% | SOLD |
| 76 | ENTA | —% | — | — | — | -$2M | -126,655 | -100.0% | SOLD |
| 77 | WHR | —% | — | — | — | -$341K | -4,335 | -100.0% | SOLD |
| 78 | BDTX | —% | — | — | — | -$8M | -2,070,209 | -100.0% | SOLD |
| 79 | UNH | —% | — | — | — | -$940K | -2,721 | -100.0% | SOLD |
| 80 | MTD | —% | — | — | — | -$2M | -1,969 | -100.0% | SOLD |
| 81 | GEV | —% | — | — | — | -$847K | -1,378 | -100.0% | SOLD |
| 82 | GE | —% | — | — | — | -$901K | -2,994 | -100.0% | SOLD |
| 83 | BABA | —% | — | — | — | -$13M | -70,000 | -100.0% | SOLD |
| 84 | ALL | —% | — | — | — | -$580K | -2,700 | -100.0% | SOLD |
| 85 | AMZN | —% | — | — | — | -$567K | -2,583 | -100.0% | SOLD |
| 86 | CGON | —% | — | — | — | -$4M | -87,500 | -100.0% | SOLD |
| 87 | HD | —% | — | — | — | -$1M | -3,646 | -100.0% | SOLD |
| 88 | MLYS | —% | — | — | — | -$8M | -200,000 | -100.0% | SOLD |
| 89 | BLCO | —% | — | — | — | -$7M | -444,467 | -100.0% | SOLD |
| 90 | CDNA | —% | — | — | — | -$1M | -100,000 | -100.0% | SOLD |
| 91 | BEAM | —% | — | — | — | -$6M | -255,000 | -100.0% | SOLD |
| 92 | LQDA | —% | — | — | — | -$26M | -1,143,759 | -100.0% | SOLD |
| 93 | FTRE | —% | — | — | — | -$842K | -100,000 | -100.0% | SOLD |
| 94 | BIOA | —% | — | — | — | -$9M | -1,600,000 | -100.0% | SOLD |
| 95 | JNJ | —% | — | — | — | -$2M | -9,472 | -100.0% | SOLD |
| 96 | KO | —% | — | — | — | -$2M | -22,712 | -100.0% | SOLD |
| 97 | ALMS | —% | — | — | — | -$5M | -1,167,009 | -100.0% | SOLD |
| 98 | WMT | —% | — | — | — | -$2M | -17,242 | -100.0% | SOLD |
| 99 | GMAB | —% | — | — | — | -$6M | -200,000 | -100.0% | SOLD |
| 100 | NKE | —% | — | — | — | -$36M | -519,399 | -100.0% | SOLD |