— Know what they know.
Not Investment Advice
Asset Manager ← All Institutions

Birchview Capital, LP

Q4 2025 · Filed 2026-02-13
Market Value
$161M
+30.9%
Holdings
72
+2
New Purchases
11
Added To
17
Closed
10
Reduced
13
Top 10 Concentration
57.9%
Turnover
29.2%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
LRCX 4.29% 0.00% +4.29% $7M
CMPX 5.32% 2.49% +2.83% $9M
OLMA 4.18% 1.39% +2.79% $7M
GPCR 3.89% 1.78% +2.11% $6M
VERA 1.38% 0.00% +1.38% $2M
PHAT 2.01% 0.81% +1.20% $3M
STOK 5.13% 4.01% +1.11% $8M
BCYC 2.04% 0.97% +1.07% $3M
NTLA 1.76% 0.84% +0.92% $3M
IMNM 1.74% 1.00% +0.73% $3M
0LOV.L 0.72% 0.00% +0.72% $1M
NKTR 0.81% 0.19% +0.63% $1M
FOLD 2.24% 1.62% +0.62% $4M
TXG 0.60% 0.00% +0.60% $962K
ILMN 0.49% 0.00% +0.49% $787K

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
QURE 0.46% 3.74% -3.28% $737K
CORT 1.45% 4.54% -3.09% $2M
KLAC 16.52% 19.20% -2.68% $27M
PRTA 2.62% 4.36% -1.74% $4M
AXGN 0.00% 1.73% -1.73% $0
BMY 10.15% 11.62% -1.47% $16M
PHR 1.16% 2.19% -1.03% $2M
KNSA 0.00% 0.95% -0.95% $0
OVV 2.62% 3.53% -0.91% $4M
NBIX 2.40% 3.28% -0.88% $4M
DCGO 0.03% 0.85% -0.82% $44K
SRRK 0.00% 0.79% -0.79% $0
TMCI 0.35% 0.97% -0.62% $556K
HROW 1.04% 1.57% -0.53% $2M
ELUT 0.11% 0.52% -0.40% $182K

Sector Allocation Over Time

Market Cap Concentration

TierHoldingsValueWeight
Mega Cap 2 $33M 20.8%
Large Cap 11 $31M 19.4%
Mid Cap 22 $39M 24.5%
Small Cap 25 $45M 27.8%
Micro Cap 12 $12M 7.6%

Portfolio Analytics

Avg Market Cap
$16.1B
Median Market Cap
$1.9B
Avg P/E
55.8
Median P/E
25.9
Avg Dividend Yield
0.00%
Avg Beta
0.89
# Stocks
71
# ETFs / Funds
1

Top Holdings (72 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 KLAC 16.52% 21,883 $27M $1,215.08 $3M
2 BMY 10.15% 302,842 $16M $53.94 $2M -14,000 -4.4%
3 CMPX 5.32% 1,592,938 $9M $5.37 $5M +720,000 +82.5%
4 STOK 5.13% 260,000 $8M $31.74 $3M +50,000 +23.8%
5 LRCX 4.29% 40,329 $7M $171.18 +40,329 NEW
6 OLMA 4.18% 269,000 $7M $25.00 $5M +95,000 +54.6%
7 GPCR 3.89% 90,000 $6M $69.55 $4M +12,000 +15.4%
8 PTGX 2.99% 55,000 $5M $87.34 $2M +7,000 +14.6%
9 ACAD 2.84% 171,000 $5M $26.71 $918K
10 OVV 2.62% 107,500 $4M $39.19 -$128K
11 PRTA 2.62% 441,019 $4M $9.55 -$1M -108,000 -19.7%
12 NBIX 2.40% 27,190 $4M $141.83 -$171K -1,500 -5.2%
13 FOLD 2.24% 253,000 $4M $14.24 $2M
14 BCYC 2.04% 462,700 $3M $7.08 $2M +308,700 +200.4%
15 PHAT 2.01% 195,000 $3M $16.59 $2M +110,000 +129.4%
16 CSTL 1.95% 80,600 $3M $38.90 $617K -30,000 -27.1%
17 NTLA 1.76% 315,400 $3M $8.99 $2M +255,400 +425.7%
18 IMNM 1.74% 130,000 $3M $21.48 $2M +25,000 +23.8%
19 CORT 1.45% 67,200 $2M $34.80 -$3M
20 VERA 1.38% 44,000 $2M $50.64 +44,000 NEW
21 NVCR 1.22% 152,100 $2M $12.93 $648K +50,000 +49.0%
22 CYTK 1.18% 30,000 $2M $63.54 $257K
23 PHR 1.16% 110,700 $2M $16.92 -$825K -4,000 -3.5%
24 EQT 1.15% 34,619 $2M $53.60 -$29K
25 HROW 1.04% 34,000 $2M $49.00 -$261K -6,000 -15.0%
26 TVTX 1.02% 43,000 $2M $38.21 $614K -60 -0.1%
27 FHTX 0.95% 281,730 $2M $5.40 $144K
28 UTHR 0.91% 3,000 $1M $487.25 $204K
29 RARE 0.89% 62,000 $1M $23.00 $764K +40,000 +181.8%
30 ALKS 0.87% 50,000 $1M $27.98 -$101K
31 NKTR 0.81% 31,000 $1M $42.28 $1M +26,979 +671.0%
32 0LOV.L 0.72% 150,000 $1M $7.72 +150,000 NEW
33 AXSM 0.69% 6,061 $1M $182.64 $378K +61 +1.0%
34 MASI 0.67% 8,280 $1M $130.06 -$145K
35 TXG 0.60% 59,000 $962K $16.31 +59,000 NEW
36 XENE 0.58% 21,000 $941K $44.82 $98K
37 PACB 0.58% 500,000 $935K $1.87 $295K
38 KALV 0.57% 57,000 $921K $16.15 $104K -10,000 -14.9%
39 FCX 0.57% 18,046 $917K $50.79 $209K +2 +0.0%
40 VTYX 0.57% 100,827 $910K $9.03 $603K +2,000 +2.0%
41 PHVS 0.51% 29,847 $828K $27.75 $458K +15,000 +101.0%
42 ILMN 0.49% 6,000 $787K $131.16 +6,000 NEW
43 QURE 0.46% 30,789 $737K $23.93 -$4M -47,939 -60.9%
44 HALO 0.42% 10,100 $680K $67.30 -$61K
45 BHVN 0.42% 59,365 $670K $11.29 +59,365 NEW
46 BBIO 0.41% 8,688 $665K $76.49 $213K
47 TMCI 0.35% 226,947 $556K $2.45 -$631K +50,000 +28.3%
48 LUNG 0.34% 250,573 $554K $2.21 +250,573 NEW
49 RAPT 0.32% 15,000 $508K $33.87 +15,000 NEW
50 GOSS 0.27% 138,176 $428K $3.10 $65K
51 ATEC 0.24% 18,058 $380K $21.04 -$100K -14,942 -45.3%
52 APLS 0.22% 14,000 $352K $25.12 $35K
53 LQDA 0.21% 10,000 $345K $34.49 +10,000 NEW
54 CADL 0.21% 60,000 $339K $5.65 $33K
55 VYGR 0.18% 74,918 $294K $3.93 -$336K -60,000 -44.5%
56 TRIN 0.18% 20,000 $293K $14.65 +20,000 NEW
57 KBDC 0.18% 20,000 $286K $14.32 +20,000 NEW
58 CGEM 0.13% 20,000 $207K $10.35 $88K
59 ELUT 0.11% 263,018 $182K $0.69 -$451K -448,157 -63.0%
60 ALMS 0.06% 10,000 $98K $9.76 $58K
61 DCGO 0.03% 49,908 $44K $0.88 -$995K -714,154 -93.5%
62 ZNTL 0.01% 17,000 $23K $1.35 -$3K
63 ZBIO —% -$366K -16,500 -100.0% SOLD
64 IFRX —% -$67K -50,000 -100.0% SOLD
65 KNSA —% -$1M -30,000 -100.0% SOLD
66 XLV —% -$208K -1,498 -100.0% SOLD
67 APLT —% -$136K -225,000 -100.0% SOLD
68 TELA —% -$231K -155,000 -100.0% SOLD
69 GH —% -$375K -6,000 -100.0% SOLD
70 KIDS —% -$296K -16,000 -100.0% SOLD
71 AXGN —% -$2M -119,078 -100.0% SOLD
72 SRRK —% -$968K -26,000 -100.0% SOLD

New Positions

SymbolValue% Port
LRCX $7M 4.29%
VERA $2M 1.38%
0LOV.L $1M 0.72%
TXG $962K 0.60%
ILMN $787K 0.49%
BHVN $670K 0.42%
LUNG $554K 0.34%
RAPT $508K 0.32%
LQDA $345K 0.21%
TRIN $293K 0.18%
KBDC $286K 0.18%

Sold Out Positions

SymbolValue% Port
GH —%
IFRX —%
TELA —%
XLV —%
SRRK —%
KIDS —%
AXGN —%
KNSA —%
ZBIO —%
APLT —%
View SEC EDGAR Filings for Birchview Capital, LP →

Sign in to InsiderStreet

You'll also get our free weekly newsletter with
smart money signals, market insights, and alpha ideas.
Unsubscribe anytime.

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