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Asset Manager ← All Institutions

First Light Asset Management, LLC

Q1 2026 · Filed 2026-05-15
Market Value
$1.1B
-17.0%
Holdings
39
-6
New Purchases
7
Added To
8
Closed
5
Reduced
19
Top 10 Concentration
61.1%
Turnover
30.8%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
PVLA 11.45% 5.77% +5.68% $122M
TLSI 1.90% 0.00% +1.90% $20M
TECX 1.88% 0.00% +1.88% $20M
OMCL 1.53% 0.00% +1.53% $16M
MASS 3.48% 1.97% +1.51% $37M
WGS 1.46% 0.00% +1.46% $16M
NPCE 3.03% 1.62% +1.41% $32M
CNTA 5.81% 4.43% +1.38% $62M
TWST 3.91% 2.81% +1.10% $42M
AMLX 4.16% 3.15% +1.00% $44M
SGP 0.91% 0.00% +0.91% $10M
PCVX 0.77% 0.00% +0.77% $8M
ELVN 0.74% 0.00% +0.74% $8M
ANAB 2.94% 2.44% +0.50% $31M
TNDM 2.36% 1.86% +0.50% $25M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
IRON 0.00% 3.23% -3.23% $0
MDGL 0.00% 3.03% -3.03% $0
NEO 6.76% 9.17% -2.41% $72M
VERA 1.18% 3.42% -2.24% $13M
RYTM 0.71% 2.46% -1.75% $8M
ATRC 1.95% 3.61% -1.66% $21M
SIBN 6.33% 7.71% -1.38% $68M
WVE 1.25% 2.45% -1.20% $13M
ABVX 0.00% 0.93% -0.93% $0
AXGN 12.42% 13.31% -0.89% $133M
HCAT 1.53% 2.40% -0.87% $16M
ORGO 0.78% 1.56% -0.78% $8M
CRNX 3.71% 4.32% -0.61% $40M
MDXG 1.05% 1.60% -0.55% $11M
ESTA 1.64% 2.11% -0.48% $17M

Sector Allocation Over Time

Market Cap Concentration

TierHoldingsValueWeight
Large Cap 3 $26M 2.4%
Mid Cap 16 $429M 40.2%
Small Cap 15 $450M 42.2%
Micro Cap 5 $162M 15.2%

Portfolio Analytics

Avg Market Cap
$3.0B
Median Market Cap
$1.4B
Avg P/E
58.0
Median P/E
58.0
Avg Dividend Yield
—%
Avg Beta
1.01
# Stocks
38
# ETFs / Funds
1

Top Holdings (39 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 AXGN 12.42% 4,002,768 $133M $33.13 -$39M -1,230,558 -23.5%
2 PVLA 11.45% 980,758 $122M $124.65 $48M +271,617 +38.3%
3 NEO 6.76% 9,729,978 $72M $7.42 -$46M -305,085 -3.0%
4 SIBN 6.33% 5,353,190 $68M $12.63 -$32M +320,286 +6.4%
5 CNTA 5.81% 1,560,991 $62M $39.72 $5M -717,949 -31.5%
6 AMLX 4.16% 3,190,645 $44M $13.90 $4M -164,894 -4.9%
7 TWST 3.91% 878,848 $42M $47.52 $6M -261,923 -23.0%
8 CRNX 3.71% 1,089,670 $40M $36.32 -$16M -104,593 -8.8%
9 MASS 3.48% 6,072,563 $37M $6.12 $12M +1,236,377 +25.6%
10 NPCE 3.03% 2,459,966 $32M $13.15 $12M +1,110,484 +82.3%
11 EWTX 2.96% 1,001,846 $32M $31.50 -$7M -571,855 -36.3%
12 ANAB 2.94% 565,431 $31M $55.46 $29K -80,807 -12.5%
13 SLP 2.92% 2,632,823 $31M $11.82 -$5M +663,906 +33.7%
14 GH 2.43% 280,299 $26M $92.37 -$4M -14,452 -4.9%
15 TNDM 2.36% 1,314,715 $25M $19.17 $1M +225,222 +20.7%
16 ATRC 1.95% 729,521 $21M $28.53 -$26M -445,924 -37.9%
17 TLSI 1.90% 5,066,827 $20M $4.00 +5,066,827 NEW
18 TECX 1.88% 647,743 $20M $30.91 +647,743 NEW
19 IRTC 1.86% 168,116 $20M $118.02 -$7M +14,245 +9.3%
20 SEPN 1.65% 732,860 $18M $24.03 $302K +112,049 +18.1%
21 ESTA 1.64% 307,738 $17M $56.78 -$10M -65,344 -17.5%
22 HCAT 1.53% 12,878,700 $16M $1.27 -$15M -32,241 -0.2%
23 OMCL 1.53% 489,846 $16M $33.38 +489,846 NEW
24 KRMD 1.53% 3,768,380 $16M $4.32 -$8M -442,132 -10.5%
25 WGS 1.46% 242,927 $16M $64.22 +242,927 NEW
26 WVE 1.25% 1,843,968 $13M $7.25 -$18M -9,883 -0.5%
27 VERA 1.18% 313,906 $13M $40.23 -$31M -555,770 -63.9%
28 MDXG 1.05% 2,842,892 $11M $3.95 -$9M -196,449 -6.5%
29 BFLY 1.01% 2,660,167 $11M $4.04 $61K -151,964 -5.4%
30 SGP 0.91% 375,000 $10M $25.91 +375,000 NEW
31 ORGO 0.78% 3,498,533 $8M $2.37 -$12M -364,287 -9.4%
32 PCVX 0.77% 141,784 $8M $58.11 +141,784 NEW
33 ELVN 0.74% 201,867 $8M $39.20 +201,867 NEW
34 RYTM 0.71% 87,181 $8M $86.97 -$24M -208,663 -70.5%
35 DYN —% -$3M -155,231 -100.0% SOLD
36 MDGL —% -$39M -66,831 -100.0% SOLD
37 IRON —% -$42M -523,167 -100.0% SOLD
38 IWO —% -$245K -760 -100.0% SOLD
39 ABVX —% -$12M -88,674 -100.0% SOLD

New Positions

SymbolValue% Port
TLSI $20M 1.90%
TECX $20M 1.88%
OMCL $16M 1.53%
WGS $16M 1.46%
SGP $10M 0.91%
PCVX $8M 0.77%
ELVN $8M 0.74%

Sold Out Positions

SymbolValue% Port
DYN —%
IRON —%
MDGL —%
ABVX —%
IWO —%
View SEC EDGAR Filings for First Light Asset Management, LLC →

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