Asset Manager
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Palo Alto Investors LP
Market Value
$540M
+15.2%
Holdings
45
-1
New Purchases
3
Added To
13
Closed
3
Reduced
18
Top 10 Concentration
67.3%
Turnover
13.3%
Top Buys (by % of Portfolio)
| Symbol | Cur % | Prior % | Chg % | Value |
|---|---|---|---|---|
| PTCT | 9.80% | 4.23% | +5.57% | $53M |
| DYN | 2.96% | 0.54% | +2.42% | $16M |
| IOVA | 3.06% | 1.26% | +1.80% | $17M |
| RARE | 2.06% | 0.38% | +1.68% | $11M |
| GOSS | 2.66% | 1.50% | +1.16% | $14M |
| IRON | 2.74% | 1.65% | +1.10% | $15M |
| SNDX | 1.87% | 0.89% | +0.98% | $10M |
| FOLD | 7.83% | 6.85% | +0.98% | $42M |
| CDNA | 0.85% | 0.00% | +0.85% | $5M |
| PRTA | 2.39% | 1.65% | +0.74% | $13M |
| DNLI | 1.10% | 0.72% | +0.38% | $6M |
| NUVB | 0.70% | 0.32% | +0.38% | $4M |
| PYXS | 0.43% | 0.24% | +0.18% | $2M |
| MIRM | 0.88% | 0.70% | +0.18% | $5M |
| RNAM | 0.89% | 0.72% | +0.17% | $5M |
Top Sells (by % of Portfolio)
| Symbol | Cur % | Prior % | Chg % | Value |
|---|---|---|---|---|
| INSM | 13.11% | 18.56% | -5.45% | $71M |
| STAA | 0.00% | 2.83% | -2.83% | $0 |
| ALNY | 2.73% | 5.25% | -2.52% | $15M |
| BMRN | 7.56% | 9.85% | -2.29% | $41M |
| ACAD | 9.75% | 11.79% | -2.04% | $53M |
| UTHR | 4.52% | 5.85% | -1.33% | $24M |
| BIIB | 4.81% | 5.51% | -0.69% | $26M |
| NVCR | 3.00% | 3.65% | -0.65% | $16M |
| ALGN | 1.06% | 1.52% | -0.46% | $6M |
| ALKS | 1.02% | 1.35% | -0.33% | $6M |
| EHTH | 1.23% | 1.46% | -0.23% | $7M |
| BNTX | 0.36% | 0.57% | -0.21% | $2M |
| EW | 0.48% | 0.66% | -0.17% | $3M |
| KPTI | 0.00% | 0.17% | -0.17% | $0 |
| ALMS | 0.00% | 0.09% | -0.09% | $0 |
Sector Allocation Over Time
Market Cap Concentration
| Tier | Holdings | Value | Weight |
|---|---|---|---|
| Large Cap | 11 | $195M | 36.2% |
| Mid Cap | 15 | $249M | 46.1% |
| Small Cap | 12 | $70M | 13.0% |
| Micro Cap | 7 | $25M | 4.7% |
Portfolio Analytics
Avg Market Cap
$7.7B
Median Market Cap
$2.6B
Avg P/E
27.7
Median P/E
25.4
Avg Dividend Yield
0.00%
Avg Beta
0.90
# Stocks
45
# ETFs / Funds
0
Top Holdings (45 total)
| # | Symbol | % Port | Shares | Value | Avg Price | Q/Q Value Chg | Share Chg | Chg % | Status |
|---|---|---|---|---|---|---|---|---|---|
| 1 | INSM | 13.11% | 491,805 | $71M | $144.01 | -$16M | -373,308 | -43.1% | |
| 2 | PTCT | 9.80% | 862,613 | $53M | $61.37 | $33M | +456,144 | +112.2% | |
| 3 | ACAD | 9.75% | 2,466,684 | $53M | $21.34 | -$3M | -96,525 | -3.8% | |
| 4 | FOLD | 7.83% | 5,367,798 | $42M | $7.88 | $10M | -242,715 | -4.3% | |
| 5 | BMRN | 7.56% | 754,007 | $41M | $54.16 | -$5M | -86,463 | -10.3% | |
| 6 | BIIB | 4.81% | 185,661 | $26M | $140.08 | $166K | -20,098 | -9.8% | |
| 7 | UTHR | 4.52% | 58,186 | $24M | $419.21 | -$3M | -37,296 | -39.1% | |
| 8 | ANAB | 3.82% | 673,520 | $21M | $30.62 | $3M | -139,301 | -17.1% | |
| 9 | IOVA | 3.06% | 7,618,132 | $17M | $2.17 | $11M | +4,188,803 | +122.2% | |
| 10 | NVCR | 3.00% | 1,256,159 | $16M | $12.92 | -$901K | +293,763 | +30.5% | |
| 11 | DYN | 2.96% | 1,262,674 | $16M | $12.65 | $13M | +997,698 | +376.5% | |
| 12 | IRON | 2.74% | 224,300 | $15M | $66.08 | $7M | +78,609 | +54.0% | |
| 13 | ALNY | 2.73% | 32,320 | $15M | $456.00 | -$10M | -43,215 | -57.2% | |
| 14 | GOSS | 2.66% | 5,464,349 | $14M | $2.63 | $7M | -274,664 | -4.8% | |
| 15 | PRTA | 2.39% | 1,324,028 | $13M | $9.76 | $5M | +49,275 | +3.9% | |
| 16 | RARE | 2.06% | 369,531 | $11M | $30.08 | $9M | +320,781 | +658.0% | |
| 17 | AGIO | 1.97% | 265,497 | $11M | $40.14 | $2M | -3,286 | -1.2% | |
| 18 | SNDX | 1.87% | 654,930 | $10M | $15.38 | $6M | +210,563 | +47.4% | |
| 19 | EHTH | 1.23% | 1,544,619 | $7M | $4.31 | -$206K | -33,231 | -2.1% | |
| 20 | DNLI | 1.10% | 408,006 | $6M | $14.52 | $3M | +168,197 | +70.1% | |
| 21 | ALGN | 1.06% | 45,735 | $6M | $125.22 | -$1M | +7,963 | +21.1% | |
| 22 | ALKS | 1.02% | 183,938 | $6M | $30.00 | -$805K | -37,083 | -16.8% | |
| 23 | RNAM | 0.89% | 109,831 | $5M | $43.57 | $1M | -9,055 | -7.6% | |
| 24 | MIRM | 0.88% | 64,700 | $5M | $73.31 | $1M | — | — | |
| 25 | CDNA | 0.85% | 316,204 | $5M | $14.54 | — | +316,204 | — | NEW |
| 26 | TSHA | 0.75% | 1,246,033 | $4M | $3.27 | $1M | — | — | |
| 27 | NUVB | 0.70% | 1,020,547 | $4M | $3.70 | $2M | +247,895 | +32.1% | |
| 28 | ACRS | 0.55% | 1,566,840 | $3M | $1.90 | $1M | +176,812 | +12.7% | |
| 29 | CRSP | 0.49% | 41,226 | $3M | $64.81 | $501K | -3,399 | -7.6% | |
| 30 | TVTX | 0.49% | 110,719 | $3M | $23.90 | $1M | — | — | |
| 31 | EW | 0.48% | 33,640 | $3M | $77.77 | -$471K | -5,833 | -14.8% | |
| 32 | NBIX | 0.47% | 18,117 | $3M | $140.38 | $867K | +4,783 | +35.9% | |
| 33 | STOK | 0.46% | 105,427 | $2M | $23.50 | $1M | -20,434 | -16.2% | |
| 34 | PYXS | 0.43% | 1,037,421 | $2M | $2.22 | $1M | — | — | |
| 35 | BNTX | 0.36% | 19,614 | $2M | $98.62 | -$749K | -5,592 | -22.2% | |
| 36 | BCYC | 0.32% | 221,071 | $2M | $7.74 | -$19K | -27,863 | -11.2% | |
| 37 | ALDX | 0.22% | 225,465 | $1M | $5.22 | $313K | — | — | |
| 38 | HUM | 0.19% | 3,985 | $1M | $260.17 | $63K | — | — | |
| 39 | ORKA | 0.15% | 59,985 | $791K | $13.19 | — | +59,985 | — | NEW |
| 40 | 0H7R.L | 0.11% | 108,865 | $575K | $5.28 | -$44K | — | — | |
| 41 | URGN | 0.09% | 24,500 | $489K | $19.95 | $153K | — | — | |
| 42 | PRQR | 0.07% | 188,807 | $402K | $2.13 | — | +188,807 | — | NEW |
| 43 | STAA | —% | — | — | — | -$13M | -791,879 | -100.0% | SOLD |
| 44 | KPTI | —% | — | — | — | -$810K | -187,911 | -100.0% | SOLD |
| 45 | ALMS | —% | — | — | — | -$430K | -143,437 | -100.0% | SOLD |