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NEA Management Company, LLC

Q3 2025 · Filed 2025-11-14
Market Value
$1.8B
+37.3%
Holdings
28
-4
New Purchases
1
Added To
0
Closed
3
Reduced
4
Top 10 Concentration
80.0%
Turnover
14.3%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
CELC 5.88% 2.33% +3.54% $106M
RYTM 16.30% 14.00% +2.30% $294M
KRRO 2.90% 1.04% +1.86% $52M
ZBIO 3.37% 2.02% +1.35% $61M
TRVI 6.71% 5.51% +1.20% $121M
GOSS 2.64% 1.69% +0.94% $48M
SVRA 4.85% 4.25% +0.60% $87M
GLUE 3.16% 2.64% +0.52% $57M
MBX 3.51% 3.14% +0.37% $63M
IVA 0.46% 0.36% +0.11% $8M
BDTX 0.94% 0.84% +0.10% $17M
IMA 0.02% 0.00% +0.02% $408K

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
ACLX 13.87% 18.78% -4.91% $250M
VRNA 13.33% 16.30% -2.96% $240M
CRSP 3.81% 5.88% -2.08% $69M
INZY 0.00% 0.74% -0.74% $0
ORIC 2.74% 3.18% -0.44% $49M
NEUE 1.01% 1.43% -0.42% $18M
CSBR 0.62% 0.96% -0.35% $11M
ADAP 0.00% 0.31% -0.31% $0
COUR 8.36% 8.58% -0.23% $151M
PHAT 1.28% 1.43% -0.15% $23M
AUPH 2.43% 2.56% -0.13% $44M
IKNA 0.00% 0.06% -0.06% $0
OMDA 0.45% 0.51% -0.06% $8M
NKTX 0.41% 0.45% -0.04% $7M
OKUR 0.07% 0.09% -0.01% $1M

Sector Allocation Over Time

Market Cap Concentration

TierHoldingsValueWeight
Large Cap 1 $240M 13.3%
Mid Cap 5 $839M 46.6%
Small Cap 10 $543M 30.1%
Micro Cap 12 $180M 10.0%

Portfolio Analytics

Avg Market Cap
$4.0B
Median Market Cap
$854M
Avg P/E
6.8
Median P/E
6.8
Avg Dividend Yield
—%
Avg Beta
1.11
# Stocks
28
# ETFs / Funds
0

Top Holdings (28 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 RYTM 16.30% 2,909,956 $294M $100.99 $110M
2 ACLX 13.87% 3,045,262 $250M $82.10 $3M -700,000 -18.7%
3 VRNA 13.33% 2,252,994 $240M $106.71 $26M -10,144 -0.5%
4 COUR 8.36% 12,867,769 $151M $11.71 $38M
5 TRVI 6.71% 13,222,228 $121M $9.15 $49M
6 CELC 5.88% 2,144,261 $106M $49.40 $75M -150,000 -6.5%
7 SVRA 4.85% 24,471,264 $87M $3.57 $32M
8 CRSP 3.81% 1,058,570 $69M $64.81 -$9M -529,284 -33.3%
9 MBX 3.51% 3,614,486 $63M $17.50 $22M
10 ZBIO 3.37% 2,733,719 $61M $22.20 $34M
11 GLUE 3.16% 7,692,298 $57M $7.41 $22M
12 KRRO 2.90% 1,090,793 $52M $47.89 $39M
13 ORIC 2.74% 4,118,621 $49M $12.00 $8M
14 GOSS 2.64% 18,093,034 $48M $2.63 $25M
15 AUPH 2.43% 3,969,834 $44M $11.05 $10M
16 PHAT 1.28% 1,960,169 $23M $11.77 $4M
17 NEUE 1.01% 2,726,917 $18M $6.67 -$627K
18 BDTX 0.94% 4,448,757 $17M $3.79 $6M
19 CVRX 0.91% 2,026,083 $16M $8.07 $4M
20 CSBR 0.62% 1,713,720 $11M $6.48 -$2M
21 IVA 0.46% 1,462,586 $8M $5.69 $4M
22 OMDA 0.45% 364,115 $8M $22.11 $1M
23 NKTX 0.41% 3,568,781 $7M $2.07 $1M
24 OKUR 0.07% 478,548 $1M $2.75 $172K
25 IMA 0.02% 50,005 $408K $8.15 +50,005 NEW
26 ADAP —% -$4M -17,079,778 -100.0% SOLD
27 IKNA —% -$804K -600,063 -100.0% SOLD
28 INZY —% -$10M -2,437,689 -100.0% SOLD

New Positions

SymbolValue% Port
IMA $408K 0.02%

Sold Out Positions

SymbolValue% Port
IKNA —%
INZY —%
ADAP —%
View SEC EDGAR Filings for NEA Management Company, LLC →

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