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Asset Manager ← All Institutions

Affinity Asset Advisors, LLC

Q2 2025 · Filed 2025-08-13
Market Value
$596M
+11.4%
Holdings
76
New Purchases
9
Added To
17
Closed
14
Reduced
20
Top 10 Concentration
56.5%
Turnover
30.3%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
INSM 8.02% 2.00% +6.02% $48M
BPMC 5.38% 0.00% +5.38% $32M
VRNA 9.68% 7.30% +2.38% $58M
VTYX 1.63% 0.00% +1.63% $10M
LXEO 2.42% 0.96% +1.46% $14M
ELVN 1.35% 0.00% +1.35% $8M
TRVI 2.33% 1.47% +0.86% $14M
RZLT 1.65% 0.92% +0.72% $10M
AKBA 1.19% 0.54% +0.65% $7M
VERA 2.15% 1.60% +0.56% $13M
INZY 1.17% 0.66% +0.52% $7M
PCVX 0.68% 0.18% +0.51% $4M
ROIV 0.76% 0.28% +0.47% $5M
PTGX 4.08% 3.62% +0.46% $24M
JAZZ 0.45% 0.00% +0.45% $3M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
SPY 0.00% 3.14% -3.14% $0
XENE 5.78% 8.33% -2.56% $34M
CNTA 1.98% 4.16% -2.17% $12M
MRUS 0.62% 2.53% -1.92% $4M
ALKS 4.80% 6.17% -1.37% $29M
IMVT 0.00% 1.37% -1.37% $0
AXSM 0.88% 2.18% -1.31% $5M
MLYS 2.04% 3.27% -1.22% $12M
TVTX 2.41% 3.59% -1.18% $14M
NBIX 0.00% 1.03% -1.03% $0
ACLX 5.47% 6.50% -1.03% $33M
MDGL 4.06% 4.96% -0.89% $24M
BBIO 1.09% 1.94% -0.85% $6M
NUVL 5.31% 6.10% -0.79% $32M
WVE 2.18% 2.76% -0.58% $13M

Sector Allocation Over Time

Market Cap Concentration

TierHoldingsValueWeight
Mega Cap 1 $0 0.0%
Large Cap 9 $172M 28.9%
Mid Cap 24 $294M 49.3%
Small Cap 25 $103M 17.3%
Micro Cap 17 $27M 4.5%

Portfolio Analytics

Avg Market Cap
$15.0B
Median Market Cap
$1.5B
Avg P/E
20.2
Median P/E
23.6
Avg Dividend Yield
—%
Avg Beta
0.89
# Stocks
75
# ETFs / Funds
1

Top Holdings (76 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 VRNA 9.68% 610,000 $58M $94.58 $19M -5,000 -0.8%
2 INSM 8.02% 475,000 $48M $100.64 $37M +335,000 +239.3%
3 XENE 5.78% 1,100,000 $34M $31.30 -$10M -228,175 -17.2%
4 ACLX 5.47% 495,000 $33M $65.85 -$2M -35,000 -6.6%
5 BPMC 5.38% 250,000 $32M $128.18 +250,000 NEW
6 NUVL 5.31% 415,000 $32M $76.30 -$959K -45,000 -9.8%
7 ALKS 4.80% 1,000,000 $29M $28.61 -$4M
8 PTGX 4.08% 440,000 $24M $55.27 $5M +40,000 +10.0%
9 MDGL 4.06% 80,000 $24M $302.64 -$2M
10 TEVA 3.94% 1,400,000 $23M $16.76 $2M
11 LXEO 2.42% 3,589,355 $14M $4.02 $9M +2,108,474 +142.4%
12 TVTX 2.41% 970,000 $14M $14.80 -$5M -100,000 -9.3%
13 ESTA 2.40% 334,863 $14M $42.71 $3M +54,863 +19.6%
14 TRVI 2.33% 2,534,058 $14M $5.47 $6M +1,284,058 +102.7%
15 WVE 2.18% 2,000,308 $13M $6.50 -$2M +175,308 +9.6%
16 VERA 2.15% 545,000 $13M $23.56 $4M +189,857 +53.5%
17 MLYS 2.04% 900,000 $12M $13.53 -$5M -200,000 -18.2%
18 CNTA 1.98% 900,162 $12M $13.14 -$10M -646,500 -41.8%
19 NRIX 1.85% 967,620 $11M $11.39 $1M +156,951 +19.4%
20 RZLT 1.65% 2,200,000 $10M $4.46 $5M +500,000 +29.4%
21 VTYX 1.63% 4,536,182 $10M $2.14 +4,536,182 NEW
22 SYRE 1.52% 606,678 $9M $14.97 $1M +125,000 +25.9%
23 ELVN 1.35% 400,000 $8M $20.06 +400,000 NEW
24 PRQR 1.20% 3,499,512 $7M $2.04 $3M +215,000 +6.5%
25 AKBA 1.19% 1,950,000 $7M $3.64 $4M +450,000 +30.0%
26 INZY 1.17% 1,749,359 $7M $4.00 $3M -2,118,351 -54.8%
27 AUTL 1.16% 3,045,000 $7M $2.28 $2M
28 ORKA 1.14% 603,479 $7M $11.21 $1M +58,117 +10.7%
29 BBIO 1.09% 150,000 $6M $43.18 -$4M -150,000 -50.0%
30 VRDN 0.91% 390,000 $5M $13.98 $195K
31 AXSM 0.88% 50,000 $5M $104.39 -$6M -50,000 -50.0%
32 ERAS 0.87% 4,085,787 $5M $1.27 $611K +744,268 +22.3%
33 ROIV 0.76% 400,000 $5M $11.27 $3M +250,000 +166.7%
34 CRNX 0.73% 152,252 $4M $28.76 -$728K
35 PCVX 0.68% 125,000 $4M $32.51 $3M +100,000 +400.0%
36 MRUS 0.62% 70,000 $4M $52.60 -$10M -251,962 -78.3%
37 CATX 0.61% 1,050,000 $4M $3.44 -$1M -1,174,196 -52.8%
38 JAZZ 0.45% 25,000 $3M $106.12 +25,000 NEW
39 RAPP 0.38% 199,643 $2M $11.37 +199,643 NEW
40 GERN 0.35% 1,500,000 $2M $1.41 -$270K
41 THRD 0.34% 370,000 $2M $5.43 $725K
42 CGEM 0.33% 263,817 $2M $7.53 -$11K
43 QURE 0.32% 135,000 $2M $13.94 -$2M -265,000 -66.2%
44 CLYM 0.31% 1,500,000 $2M $1.24 $30K
45 AVR 0.27% 425,000 $2M $3.79 $191K +35,000 +9.0%
46 ATXS 0.27% 300,000 $2M $5.36 +300,000 NEW
47 NKTX 0.22% 800,000 $1M $1.66 -$144K
48 MIRM 0.21% 24,692 $1M $50.89 -$982K -25,000 -50.3%
49 SVRA 0.19% 500,000 $1M $2.28 +500,000 NEW
50 OLMA 0.18% 250,000 $1M $4.26 -$157K -75,000 -23.1%
51 OKUR 0.14% 347,990 $832K $2.39 -$863K -46,169 -11.7%
52 ABVX 0.13% 100,000 $765K $7.65 -$485K -100,000 -50.0%
53 JBIO 0.11% 65,317 $653K $9.99 +65,317 NEW
54 STRO 0.09% 752,722 $537K $0.71 $48K
55 TSHA 0.08% 200,000 $462K $2.31 +200,000 NEW
56 CNTX 0.06% 518,025 $339K $0.66 -$65K -142,564 -21.6%
57 RPTX 0.05% 200,000 $278K $1.39 $81K
58 OVID 0.04% 667,516 $220K $0.33 $12K
59 RADX 0.03% 35,635 $166K $4.66 -$145K -28,965 -44.8%
60 ADGM 0.02% 80,000 $108K $1.35 -$62K -133,235 -62.5%
61 QTTB 0.01% 27,777 $41K $1.49 -$4K
62 IMTXW —% 187,204 $112 -$3K
63 CMPX —% -$249K -130,807 -100.0% SOLD
64 MAZE —% -$3M -250,000 -100.0% SOLD
65 SPY —% -$17M -30,000 -100.0% SOLD
66 OMER —% -$82K -9,958 -100.0% SOLD
67 AVTE —% -$2M -800,000 -100.0% SOLD
68 MBX —% -$1M -175,000 -100.0% SOLD
69 IMVT —% -$7M -430,000 -100.0% SOLD
70 VKTX —% -$604K -25,000 -100.0% SOLD
71 ETNB —% -$1M -175,000 -100.0% SOLD
72 ALLK —% -$57K -250,000 -100.0% SOLD
73 BDTX —% -$388K -250,000 -100.0% SOLD
74 NBIX —% -$6M -50,000 -100.0% SOLD
75 KYMR —% -$3M -100,000 -100.0% SOLD
76 MGTX —% -$1M -150,000 -100.0% SOLD

Options Breakdown

13 Calls $32M Call Value 12 Puts $24M Put Value 0.75 P/C Ratio

Top Calls

SymbolSharesValueStatus
AMGN 40,000 $11M
CRSP 200,000 $10M NEW
EXEL 150,000 $7M
NVAX 250,000 $2M NEW
QURE 100,000 $1M NEW
ALT 200,000 $774K NEW
KPTI 157,500 $679K NEW
ABUS 9,300 $29K NEW
TRML $0 SOLD
PTGX $0 SOLD

Top Puts

SymbolSharesValueStatus
EXEL 450,000 $20M NEW
CAPR 175,000 $2M NEW
OMER 314,000 $942K NEW
INMB 354,000 $818K NEW
GALT 250,000 $528K
EWTX $0 SOLD
IBRX $0 SOLD
CMPX $0 SOLD
SPY $0 SOLD
XBI $0 SOLD

New Positions

SymbolValue% Port
BPMC $32M 5.38%
VTYX $10M 1.63%
ELVN $8M 1.35%
JAZZ $3M 0.45%
RAPP $2M 0.38%
ATXS $2M 0.27%
SVRA $1M 0.19%
JBIO $653K 0.11%
TSHA $462K 0.08%

Sold Out Positions

SymbolValue% Port
BDTX —%
MAZE —%
MBX —%
KYMR —%
CMPX —%
VKTX —%
NBIX —%
MGTX —%
OMER —%
SPY —%
IMVT —%
ETNB —%
ALLK —%
AVTE —%
View SEC EDGAR Filings for Affinity Asset Advisors, LLC →

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