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Asset Manager ← All Institutions

TCG Crossover Management, LLC

Q4 2025 · Filed 2026-02-17
Market Value
$2.9B
+47.7%
Holdings
43
New Purchases
7
Added To
9
Closed
4
Reduced
6
Top 10 Concentration
65.9%
Turnover
25.6%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
GLUE 2.46% 0.00% +2.46% $72M
ABVX 32.51% 30.23% +2.28% $959M
COGT 7.07% 4.89% +2.18% $208M
IMVT 1.43% 0.00% +1.43% $42M
SYRE 2.11% 0.92% +1.19% $62M
ADCT 1.36% 0.28% +1.08% $40M
RAPT 2.97% 2.11% +0.85% $87M
JANX 0.84% 0.00% +0.84% $25M
GPCR 2.17% 1.49% +0.68% $64M
TRDA 0.73% 0.17% +0.56% $21M
TYRA 2.58% 2.03% +0.55% $76M
ALEC 0.53% 0.00% +0.53% $16M
RLAY 0.92% 0.47% +0.45% $27M
KOD 1.37% 0.94% +0.43% $40M
ARVN 1.07% 0.69% +0.38% $32M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
TRML 0.00% 3.14% -3.14% $0
CGON 5.17% 7.40% -2.24% $152M
AGIO 1.09% 2.87% -1.78% $32M
AMLX 2.56% 4.25% -1.69% $75M
IRON 0.00% 1.54% -1.54% $0
UPB 0.68% 1.99% -1.31% $20M
OCUL 2.36% 3.58% -1.22% $70M
ATXS 0.00% 1.01% -1.01% $0
DNTH 2.34% 3.30% -0.96% $69M
KRRO 0.11% 1.00% -0.89% $3M
FULC 2.01% 2.42% -0.41% $59M
EYPT 2.21% 2.55% -0.33% $65M
PEPG 0.00% 0.28% -0.28% $0
CNTA 3.63% 3.81% -0.17% $107M
XNCR 1.27% 1.44% -0.17% $38M

Sector Allocation Over Time

Market Cap Concentration

TierHoldingsValueWeight
Large Cap 1 $35M 1.2%
Mid Cap 14 $2.0B 66.4%
Small Cap 22 $893M 30.3%
Micro Cap 6 $62M 2.1%

Portfolio Analytics

Avg Market Cap
$2.8B
Median Market Cap
$1.2B
Avg P/E
240.6
Median P/E
240.6
Avg Dividend Yield
—%
Avg Beta
1.17
# Stocks
43
# ETFs / Funds
0

Top Holdings (43 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 ABVX 32.51% 7,111,596 $959M $134.86 $355M
2 COGT 7.07% 5,868,162 $208M $35.52 $111M -930,000 -13.7%
3 CGON 5.17% 3,670,206 $152M $41.52 $5M
4 TNGX 3.83% 12,762,094 $113M $8.86 $41M +4,225,898 +49.5%
5 CNTA 3.63% 4,286,480 $107M $25.01 $31M +1,150,000 +36.7%
6 DYN 3.06% 4,615,144 $90M $19.56 $32M
7 RAPT 2.97% 2,582,408 $87M $33.87 $45M +946,133 +57.8%
8 TYRA 2.58% 2,898,103 $76M $26.29 $36M
9 AMLX 2.56% 6,243,812 $75M $12.08 -$9M
10 SVRA 2.53% 12,362,205 $75M $6.03 $30M
11 GLUE 2.46% 4,622,151 $72M $15.68 +4,622,151 NEW
12 OCUL 2.36% 5,740,231 $70M $12.14 -$2M -377,001 -6.2%
13 DNTH 2.34% 1,676,624 $69M $41.21 $3M
14 EYPT 2.21% 3,572,335 $65M $18.27 $14M
15 GPCR 2.17% 920,857 $64M $69.55 $34M -142,143 -13.4%
16 SYRE 2.11% 1,900,582 $62M $32.76 $44M +800,000 +72.7%
17 FULC 2.01% 5,250,000 $59M $11.31 $11M
18 LQDA 2.00% 1,710,084 $59M $34.49 $20M
19 IMVT 1.43% 1,660,933 $42M $25.42 +1,660,933 NEW
20 KOD 1.37% 1,445,538 $40M $27.96 $22M +300,000 +26.2%
21 ADCT 1.36% 11,390,175 $40M $3.53 $35M +10,000,000 +719.3%
22 LBRX 1.32% 1,745,015 $39M $22.26 $11M -1
23 XNCR 1.27% 2,452,138 $38M $15.31 $9M
24 RVMD 1.18% 436,473 $35M $79.65 $14M
25 AGIO 1.09% 1,181,841 $32M $27.22 -$25M -248,200 -17.4%
26 ARVN 1.07% 2,666,216 $32M $11.86 $18M +1,048,851 +64.8%
27 RLAY 0.92% 3,220,186 $27M $8.46 $18M +1,409,835 +77.9%
28 JANX 0.84% 1,789,617 $25M $13.80 +1,789,617 NEW
29 TRDA 0.73% 2,088,392 $21M $10.28 $18M +1,503,437 +257.0%
30 MBX 0.70% 650,000 $21M $31.54 $9M
31 UPB 0.68% 743,886 $20M $27.15 -$20M -1,373,217 -64.9%
32 SLN 0.63% 3,033,560 $18M $6.08 $3M
33 URGN 0.57% 717,347 $17M $23.42 $2M
34 ALEC 0.53% 10,000,000 $16M $1.56 +10,000,000 NEW
35 MAZE 0.24% 173,816 $7M $41.43 +173,816 NEW
36 MIRM 0.17% 62,049 $5M $78.99 +62,049 NEW
37 LONA 0.11% 464,398 $3M $7.21 +464,398 NEW
38 KRRO 0.11% 416,301 $3M $8.01 -$17M
39 VTYX 0.10% 316,195 $3M $9.03 $2M
40 IRON —% -$31M -465,257 -100.0% SOLD
41 TRML —% -$63M -1,311,783 -100.0% SOLD
42 PEPG —% -$6M -1,200,000 -100.0% SOLD
43 ATXS —% -$20M -2,761,861 -100.0% SOLD

New Positions

SymbolValue% Port
GLUE $72M 2.46%
IMVT $42M 1.43%
JANX $25M 0.84%
ALEC $16M 0.53%
MAZE $7M 0.24%
MIRM $5M 0.17%
LONA $3M 0.11%

Sold Out Positions

SymbolValue% Port
IRON —%
PEPG —%
TRML —%
ATXS —%
View SEC EDGAR Filings for TCG Crossover Management, LLC →

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