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Asset Manager ← All Institutions

Rock Springs Capital Management LP

Q2 2025 · Filed 2025-08-14
Market Value
$1.5B
-8.1%
Holdings
97
-4
New Purchases
9
Added To
30
Closed
11
Reduced
28
Top 10 Concentration
38.1%
Turnover
20.6%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
AGIO 2.16% 0.61% +1.56% $33M
CAI 1.39% 0.00% +1.39% $21M
MRUS 3.68% 2.49% +1.18% $56M
OMDA 1.11% 0.00% +1.11% $17M
INSM 3.47% 2.38% +1.10% $53M
RYTM 3.58% 2.67% +0.91% $54M
IRTC 2.46% 1.61% +0.85% $37M
XBI 0.83% 0.00% +0.83% $13M
BSX 2.51% 1.69% +0.82% $38M
ACLX 0.81% 0.00% +0.81% $12M
EXAS 2.00% 1.26% +0.74% $30M
AKRO 2.25% 1.65% +0.60% $34M
EVH 2.09% 1.54% +0.55% $32M
RVMD 3.22% 2.74% +0.48% $49M
THC 1.50% 1.06% +0.45% $23M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
BPMC 1.56% 5.39% -3.83% $24M
UNH 1.04% 3.18% -2.15% $16M
NUVL 0.47% 1.83% -1.36% $7M
TVTX 1.86% 3.16% -1.31% $28M
NBIX 0.73% 1.87% -1.13% $11M
LEGN 0.00% 1.05% -1.05% $0
WRBY 0.00% 0.92% -0.92% $0
IMVT 0.23% 1.01% -0.77% $4M
PEN 2.17% 2.76% -0.59% $33M
MDGL 2.79% 3.34% -0.54% $42M
SRPT 0.08% 0.61% -0.54% $1M
EW 0.67% 1.12% -0.44% $10M
ETNB 0.03% 0.37% -0.35% $393K
NVRO 0.00% 0.28% -0.28% $0
NVAX 0.02% 0.25% -0.23% $340K

Sector Allocation Over Time

Market Cap Concentration

TierHoldingsValueWeight
Mega Cap 2 $107M 7.0%
Large Cap 18 $537M 35.3%
Mid Cap 36 $653M 42.9%
Small Cap 24 $185M 12.2%
Micro Cap 17 $39M 2.6%

Portfolio Analytics

Avg Market Cap
$25.6B
Median Market Cap
$2.5B
Avg P/E
47.5
Median P/E
33.0
Avg Dividend Yield
0.00%
Avg Beta
0.94
# Stocks
96
# ETFs / Funds
1

Top Holdings (97 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 ARGX 6.37% 175,750 $97M $551.22 -$7M
2 LLY 5.97% 116,500 $91M $779.53 -$3M +3,000 +2.6%
3 MRUS 3.68% 1,063,608 $56M $52.60 $15M +82,857 +8.4%
4 RYTM 3.58% 861,153 $54M $63.19 $10M +26,965 +3.2%
5 INSM 3.47% 525,000 $53M $100.64 $13M +9,100 +1.8%
6 RARE 3.33% 1,391,072 $51M $36.36 $87K -3,362 -0.2%
7 RVMD 3.22% 1,330,960 $49M $36.79 $4M +49,320 +3.9%
8 ISRG 2.93% 82,000 $45M $543.41 -$6M -20,000 -19.6%
9 MDGL 2.79% 140,296 $42M $302.64 -$13M -26,402 -15.8%
10 MIRM 2.74% 818,206 $42M $50.89 -$1M -133,559 -14.0%
11 BSX 2.51% 355,000 $38M $107.41 $10M +78,000 +28.2%
12 IRTC 2.46% 242,500 $37M $153.96 $11M -11,800 -4.6%
13 AKRO 2.25% 640,526 $34M $53.36 $7M -32,233 -4.8%
14 PEN 2.17% 128,500 $33M $256.63 -$13M -42,500 -24.9%
15 AGIO 2.16% 989,745 $33M $33.26 $23M +647,565 +189.2%
16 ALNY 2.14% 100,000 $33M $326.09 -$6M -43,250 -30.2%
17 EVH 2.09% 2,820,700 $32M $11.26 $6M +125,000 +4.6%
18 ZLAB 2.00% 871,392 $30M $34.97 -$2M -33,200 -3.7%
19 EXAS 2.00% 572,000 $30M $53.14 $10M +92,000 +19.2%
20 XENE 1.92% 931,681 $29M $31.30 -$2M
21 TVTX 1.86% 1,908,208 $28M $14.80 -$24M -1,012,988 -34.7%
22 SRRK 1.85% 794,133 $28M $35.42 $4M +32,592 +4.3%
23 DXCM 1.65% 286,750 $25M $87.29 -$2M -110,900 -27.9%
24 PHR 1.57% 837,300 $24M $28.46 -$6M -311,036 -27.1%
25 BPMC 1.56% 185,500 $24M $128.18 -$65M -822,069 -81.6%
26 GPCR 1.55% 1,135,879 $24M $20.74 $4M +2,900 +0.3%
27 THC 1.50% 130,000 $23M $176.00 $5M
28 CAI 1.39% 793,651 $21M $26.72 +793,651 NEW
29 KYMR 1.29% 450,374 $20M $43.64 -$2M -344,063 -43.3%
30 OMDA 1.11% 919,951 $17M $18.30 +919,951 NEW
31 CLDX 1.09% 812,653 $17M $20.35 $2M
32 BRKS 1.07% 530,400 $16M $30.78 -$128K +55,400 +11.7%
33 ACHC 1.04% 696,000 $16M $22.69 -$5M +14,900 +2.2%
34 UNH 1.04% 50,500 $16M $311.97 -$37M -50,000 -49.8%
35 TARS 1.00% 373,750 $15M $40.51 -$3M +19,374 +5.5%
36 SMMT 0.99% 710,000 $15M $21.28 -$4M -285,000 -28.6%
37 OSCR 0.99% 700,000 $15M $21.44 $1M -350,000 -33.3%
38 VERA 0.96% 617,396 $15M $23.56 $2M +96,600 +18.6%
39 ELVN 0.93% 701,408 $14M $20.06 $5M +235,537 +50.6%
40 INSP 0.92% 107,500 $14M $129.77 -$2M +8,250 +8.3%
41 CMPX 0.85% 4,962,955 $13M $2.60 $3M
42 XBI 0.83% 151,750 $13M $82.93 +151,750 NEW
43 ACLX 0.81% 186,314 $12M $65.85 +186,314 NEW
44 MREO 0.80% 4,465,292 $12M $2.71 -$3M -2,218,955 -33.2%
45 DHR 0.77% 59,000 $12M $197.54 -$399K +200 +0.3%
46 FOLD 0.74% 1,960,334 $11M $5.73 -$4M +50,972 +2.7%
47 WST 0.73% 51,030 $11M $218.80 -$2M -9,220 -15.3%
48 NBIX 0.73% 88,800 $11M $125.69 -$20M -190,200 -68.2%
49 PHVS 0.72% 623,402 $11M $17.60 $1M
50 EW 0.67% 131,000 $10M $78.21 -$8M -124,000 -48.6%
51 ARDX 0.59% 2,286,273 $9M $3.92 $1M +681,298 +42.5%
52 NUVL 0.47% 93,328 $7M $76.30 -$23M -334,204 -78.2%
53 ACRS 0.45% 4,769,309 $7M $1.42 -$948K -277,000 -5.5%
54 CDTX 0.43% 134,133 $7M $48.71 +134,133 NEW
55 ZBIO 0.41% 640,467 $6M $9.69 -$735K -238,200 -27.1%
56 REGN 0.39% 11,300 $6M $525.00 $4M +8,500 +303.6%
57 COGT 0.38% 800,199 $6M $7.18 +800,199 NEW
58 DYN 0.36% 580,998 $6M $9.52 $45K +56,499 +10.8%
59 CGEM 0.33% 668,233 $5M $7.53 $152K +23,600 +3.7%
60 JANX 0.32% 210,266 $5M $23.10 -$663K +5,800 +2.8%
61 MLYS 0.29% 324,513 $4M $13.53 -$704K +3,700 +1.1%
62 TMO 0.27% 10,000 $4M $405.46 +10,000 NEW
63 GOSS 0.26% 3,266,960 $4M $1.23 $425K
64 IMVT 0.23% 221,500 $4M $16.00 -$13M -754,303 -77.3%
65 AMLX 0.21% 499,764 $3M $6.41 $2M +156,536 +45.6%
66 BCAX 0.21% 336,070 $3M $9.29 -$1M
67 PRTA 0.20% 492,601 $3M $6.07 -$3M
68 ATEC 0.20% 267,500 $3M $11.10 $257K
69 LENZ 0.16% 83,982 $2M $29.31 $325K +900 +1.1%
70 EDAP 0.14% 1,270,000 $2M $1.65 -$394K
71 CGEN 0.12% 989,990 $2M $1.78 $317K
72 SION 0.11% 99,429 $2M $17.35 $685K
73 LUNG 0.11% 651,100 $2M $2.59 -$2M +147,400 +29.3%
74 NGNE 0.10% 104,339 $2M $14.95 $338K
75 CATX 0.10% 444,383 $2M $3.44 $582K
76 APLS 0.10% 84,300 $1M $17.31 -$290K +4,300 +5.4%
77 SRPT 0.08% 68,600 $1M $17.10 -$9M -90,700 -56.9%
78 APLT 0.04% 2,075,991 $646K $0.31 -$369K +1,100 +0.1%
79 ADAP 0.04% 2,483,468 $595K $0.24 $106K
80 KRRO 0.03% 35,719 $446K $12.49 -$176K
81 CRL 0.03% 2,700 $410K $151.73 +2,700 NEW
82 ETNB 0.03% 40,000 $393K $9.82 -$6M -804,441 -95.3%
83 PCVX 0.02% 11,100 $361K $32.51 +11,100 NEW
84 NVAX 0.02% 53,900 $340K $6.30 -$4M -596,100 -91.7%
85 TLPH 0.01% 316,460 $146K $0.46 -$11K
86 NUVB-WT —% 134,028 $36K $0.27 $4K
87 NVRO —% -$5M -800,494 -100.0% SOLD
88 SGMT —% -$3M -787,808 -100.0% SOLD
89 KMTS —% -$4M -145,000 -100.0% SOLD
90 VIGL —% -$840K -471,958 -100.0% SOLD
91 BCRX —% -$2M -222,011 -100.0% SOLD
92 WRBY —% -$15M -835,000 -100.0% SOLD
93 INZY —% -$3M -3,445,299 -100.0% SOLD
94 BEAM —% -$3M -150,020 -100.0% SOLD
95 LEGN —% -$17M -512,932 -100.0% SOLD
96 PLRX —% -$796K -589,996 -100.0% SOLD
97 MGNX —% -$1M -1,145,214 -100.0% SOLD

New Positions

SymbolValue% Port
CAI $21M 1.39%
OMDA $17M 1.11%
XBI $13M 0.83%
ACLX $12M 0.81%
CDTX $7M 0.43%
COGT $6M 0.38%
TMO $4M 0.27%
CRL $410K 0.03%
PCVX $361K 0.02%

Sold Out Positions

SymbolValue% Port
WRBY —%
BCRX —%
KMTS —%
MGNX —%
BEAM —%
LEGN —%
PLRX —%
SGMT —%
NVRO —%
INZY —%
VIGL —%
View SEC EDGAR Filings for Rock Springs Capital Management LP →

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