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Asset Manager ← All Institutions

DAFNA Capital Management LLC

Q2 2025 · Filed 2025-08-14
Market Value
$338M
+3.4%
Holdings
78
-4
New Purchases
3
Added To
21
Closed
10
Reduced
19
Top 10 Concentration
58.8%
Turnover
16.7%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
BPMC 6.40% 4.12% +2.28% $22M
STXS 8.58% 7.37% +1.22% $29M
IDYA 3.85% 2.95% +0.90% $13M
STOK 1.69% 0.90% +0.78% $6M
CMPX 0.41% 0.00% +0.41% $1M
DXCM 1.69% 1.37% +0.32% $6M
PRQR 0.95% 0.64% +0.31% $3M
TELA 0.83% 0.54% +0.29% $3M
BDTX 0.35% 0.07% +0.28% $1M
RVMD 7.37% 7.10% +0.27% $25M
INGN 1.26% 1.00% +0.26% $4M
MRUS 6.21% 5.95% +0.26% $21M
NBIX 2.63% 2.42% +0.20% $9M
DNLI 0.70% 0.53% +0.17% $2M
XBI 10.20% 10.04% +0.16% $34M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
AXGN 2.38% 3.85% -1.47% $8M
CYTK 3.89% 4.90% -1.00% $13M
KALV 1.95% 2.66% -0.71% $7M
BCRX 0.58% 1.28% -0.70% $2M
TSVT 0.00% 0.65% -0.65% $0
SNDX 1.51% 2.05% -0.54% $5M
RGLS 0.00% 0.45% -0.45% $0
SPRY 0.00% 0.37% -0.37% $0
LCTX 0.00% 0.35% -0.35% $0
EWTX 0.92% 1.23% -0.31% $3M
SAGE 0.00% 0.26% -0.26% $0
URGN 1.42% 1.67% -0.25% $5M
TSHA 0.00% 0.22% -0.22% $0
IBB 3.84% 4.01% -0.17% $13M
ARAY 0.50% 0.67% -0.17% $2M

Sector Allocation Over Time

Market Cap Concentration

TierHoldingsValueWeight
Large Cap 6 $45M 13.4%
Mid Cap 17 $159M 47.0%
Small Cap 33 $82M 24.3%
Micro Cap 22 $51M 15.2%

Portfolio Analytics

Avg Market Cap
$3.1B
Median Market Cap
$1.0B
Avg P/E
30.0
Median P/E
28.5
Avg Dividend Yield
—%
Avg Beta
1.06
# Stocks
76
# ETFs / Funds
2

Top Holdings (78 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 XBI 10.20% 415,505 $34M $82.93 $2M +11,000 +2.7%
2 STXS 8.58% 13,680,554 $29M $2.12 $5M
3 RVMD 7.37% 677,176 $25M $36.79 $2M +21,000 +3.2%
4 BPMC 6.40% 168,763 $22M $128.18 $8M +16,500 +10.8%
5 MRUS 6.21% 398,804 $21M $52.60 $2M -63,000 -13.6%
6 ATRC 5.74% 592,273 $19M $32.77 $302K
7 CYTK 3.89% 398,100 $13M $33.04 -$3M
8 IDYA 3.85% 619,090 $13M $21.02 $3M +29,760 +5.0%
9 IBB 3.84% 102,500 $13M $126.51 -$142K
10 XENE 2.67% 287,939 $9M $31.30 -$171K +14,200 +5.2%
11 NBIX 2.63% 70,615 $9M $125.69 $955K -1,000 -1.4%
12 AXGN 2.38% 741,782 $8M $10.85 -$5M +61,000 +9.0%
13 KALV 1.95% 581,757 $7M $11.31 -$2M -170,602 -22.7%
14 DXCM 1.69% 65,552 $6M $87.29 $1M
15 DAWN 1.69% 879,163 $6M $6.50 -$85K +147,800 +20.2%
16 STOK 1.69% 501,972 $6M $11.35 $3M +57,974 +13.1%
17 TNDM 1.62% 294,208 $5M $18.64 -$153K
18 RCUS 1.51% 627,626 $5M $8.14 $202K +2,500 +0.4%
19 SNDX 1.51% 543,602 $5M $9.37 -$2M -900 -0.2%
20 MLYS 1.49% 371,523 $5M $13.53 $117K +62,323 +20.2%
21 URGN 1.42% 349,515 $5M $13.70 -$659K -143,000 -29.0%
22 INGN 1.26% 605,625 $4M $7.03 $992K +147,560 +32.2%
23 LKFT 1.08% 130,175 $4M $27.99 $374K
24 PRQR 0.95% 1,567,561 $3M $2.04 $1M
25 EWTX 0.92% 238,140 $3M $13.11 -$907K +55,000 +30.0%
26 PODD 0.92% 9,900 $3M $314.18 -$15K -2,000 -16.8%
27 IMVT 0.91% 191,493 $3M $16.00 $159K +21,497 +12.7%
28 ALKS 0.88% 103,748 $3M $28.61 -$142K +9,548 +10.1%
29 BCAX 0.87% 317,001 $3M $9.29 $183K +105,000 +49.5%
30 TELA 0.83% 1,441,029 $3M $1.94 $1M
31 KURA 0.79% 463,368 $3M $5.77 -$385K
32 DNLI 0.70% 168,500 $2M $13.99 $619K +40,600 +31.7%
33 CMPS 0.67% 811,046 $2M $2.80 $237K +100,000 +14.1%
34 ALGN 0.62% 11,000 $2M $189.33 $335K
35 BCRX 0.58% 218,255 $2M $8.96 -$2M -340,000 -60.9%
36 ATXS 0.52% 324,775 $2M $5.36 $60K +10,000 +3.2%
37 KROS 0.51% 130,316 $2M $13.35 $412K
38 VKTX 0.51% 64,516 $2M $26.50 $152K
39 ARAY 0.50% 1,222,358 $2M $1.37 -$513K
40 BWAY 0.49% 127,151 $2M $13.15 $190K -29,382 -18.8%
41 ALLO 0.46% 1,380,118 $2M $1.13 -$455K
42 LXEO 0.45% 378,083 $2M $4.02 $208K
43 FHTX 0.42% 300,452 $1M $4.70 $300K -4,300 -1.4%
44 ITOS 0.42% 140,847 $1M $9.97 $131K -72,500 -34.0%
45 ORIC 0.41% 135,271 $1M $10.15 $23K -106,729 -44.1%
46 CMPX 0.41% 526,660 $1M $2.60 +526,660 NEW
47 IMTX 0.39% 245,000 $1M $5.38 $213K
48 ALEC 0.38% 912,928 $1M $1.40 $155K
49 GPCR 0.36% 59,000 $1M $20.74 $202K
50 BDTX 0.35% 471,000 $1M $2.48 $951K +331,000 +236.4%
51 LRMR 0.32% 371,434 $1M $2.89 $275K
52 GOSS 0.31% 849,921 $1M $1.23 $47K -57,933 -6.4%
53 PVLA 0.29% 43,348 $977K $22.54 -$236K
54 AUTL 0.29% 425,616 $970K $2.28 $61K -161,051 -27.4%
55 IPSC 0.28% 1,704,232 $952K $0.56 $141K
56 NGNE 0.23% 51,096 $764K $14.95 $161K -404 -0.8%
57 BNTX 0.22% 7,000 $745K $106.47 -$211K -3,500 -33.3%
58 KRRO 0.21% 57,691 $721K $12.49 -$99K +10,605 +22.5%
59 CGEN 0.14% 272,402 $485K $1.78 $87K
60 AQST 0.14% 142,000 $470K $3.31 $58K
61 BCYC 0.13% 64,492 $448K $6.95 -$238K -16,307 -20.2%
62 ERAS 0.13% 350,000 $444K $1.27 -$21K +10,000 +2.9%
63 ACET 0.10% 540,000 $329K $0.61 -$124K -60,000 -10.0%
64 ADCT 0.10% 122,081 $327K $2.68 $11K -102,000 -45.5%
65 STRO 0.09% 437,079 $312K $0.71 $28K
66 NKTR 0.08% 10,000 $258K $25.84 +10,000 NEW
67 PRCT 0.05% 3,000 $173K $57.60 +3,000 NEW
68 IFRX 0.05% 200,000 $158K $0.79 -$301K -250,000 -55.6%
69 LCTX —% -$1M -2,511,374 -100.0% SOLD
70 TNYA —% -$27K -47,319 -100.0% SOLD
71 SPRO —% -$90K -125,000 -100.0% SOLD
72 NVRO —% -$222K -38,000 -100.0% SOLD
73 TSVT —% -$2M -429,252 -100.0% SOLD
74 SAGE —% -$860K -108,200 -100.0% SOLD
75 TSHA —% -$726K -522,500 -100.0% SOLD
76 RGLS —% -$1M -847,176 -100.0% SOLD
77 SPRY —% -$1M -95,290 -100.0% SOLD
78 CRDF —% -$471K -150,000 -100.0% SOLD

New Positions

SymbolValue% Port
CMPX $1M 0.41%
NKTR $258K 0.08%
PRCT $173K 0.05%

Sold Out Positions

SymbolValue% Port
CRDF —%
LCTX —%
TNYA —%
TSHA —%
SPRO —%
SPRY —%
SAGE —%
NVRO —%
TSVT —%
RGLS —%
View SEC EDGAR Filings for DAFNA Capital Management LLC →

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For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms