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Asset Manager ← All Institutions

Frazier Life Sciences Management, L.P.

Q1 2026 · Filed 2026-05-15
Market Value
$3.3B
+7.1%
Holdings
39
-4
New Purchases
4
Added To
8
Closed
5
Reduced
9
Top 10 Concentration
73.4%
Turnover
23.1%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
ERAS 12.10% 2.74% +9.35% $399M
MIRM 21.50% 17.42% +4.08% $709M
BCRX 1.16% 0.00% +1.16% $38M
PVLA 3.33% 2.45% +0.88% $110M
ACRS 0.56% 0.00% +0.56% $18M
GLUE 0.50% 0.00% +0.50% $16M
CYTK 2.32% 1.93% +0.39% $76M
KALV 3.03% 2.64% +0.38% $100M
VOR 1.38% 1.08% +0.30% $45M
AGIO 1.29% 1.13% +0.16% $42M
AURA 1.03% 0.90% +0.13% $34M
ALKS 0.75% 0.64% +0.11% $25M
ALLO 0.28% 0.17% +0.11% $9M
XLO 0.11% 0.00% +0.11% $4M
IMCR 0.44% 0.43% +0.01% $15M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
PHAT 4.20% 6.71% -2.51% $139M
RNAM 0.00% 2.30% -2.30% $0
ARQT 7.05% 9.31% -2.26% $233M
MAZE 4.13% 6.14% -2.01% $136M
ABVX 0.00% 1.66% -1.66% $0
RAPT 0.00% 1.08% -1.08% $0
BBIO 7.76% 8.80% -1.04% $256M
MBX 6.02% 6.81% -0.79% $199M
LXEO 0.77% 1.43% -0.66% $25M
IRON 2.63% 3.25% -0.62% $87M
TRVI 3.59% 4.17% -0.58% $119M
TARS 1.55% 1.94% -0.39% $51M
MNKD 0.44% 0.78% -0.34% $14M
SVRA 1.61% 1.93% -0.32% $53M
TVTX 0.00% 0.30% -0.30% $0

Sector Allocation Over Time

Market Cap Concentration

TierHoldingsValueWeight
Large Cap 3 $322M 9.8%
Mid Cap 14 $1.9B 59.0%
Small Cap 20 $981M 29.7%
Micro Cap 2 $49M 1.5%

Portfolio Analytics

Avg Market Cap
$3.6B
Median Market Cap
$1.5B
Avg P/E
29.5
Median P/E
39.0
Avg Dividend Yield
—%
Avg Beta
0.90
# Stocks
39
# ETFs / Funds
0

Top Holdings (39 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 MIRM 21.50% 7,679,684 $709M $92.38 $173M +884,563 +13.0%
2 ERAS 12.10% 24,675,188 $399M $16.18 $315M +1,945,752 +8.6%
3 BBIO 7.76% 3,448,139 $256M $74.26 -$15M -97,418 -2.8%
4 ARQT 7.05% 9,874,511 $233M $23.56 -$54M
5 MBX 6.02% 6,652,013 $199M $29.85 -$11M
6 PHAT 4.20% 12,466,489 $139M $11.11 -$68M
7 MAZE 4.13% 4,567,274 $136M $29.85 -$53M
8 KRYS 3.77% 481,307 $124M $258.32 $4M -7,153 -1.5%
9 TRVI 3.59% 9,939,547 $119M $11.93 -$10M -319,862 -3.1%
10 PVLA 3.33% 882,400 $110M $124.65 $34M +160,000 +22.1%
11 KALV 3.03% 4,961,108 $100M $20.13 $18M -78,759 -1.6%
12 IRON 2.63% 1,354,852 $87M $63.94 -$13M +94,852 +7.5%
13 CYTK 2.32% 1,159,879 $76M $65.91 $17M +225,237 +24.1%
14 RVMD 1.99% 675,686 $66M $97.25 $2M -121,769 -15.3%
15 DYN 1.73% 3,153,082 $57M $18.13 -$5M
16 SVRA 1.61% 9,720,852 $53M $5.46 -$6M -141,449 -1.4%
17 TARS 1.55% 728,644 $51M $70.15 -$9M
18 VOR 1.38% 2,543,939 $45M $17.84 $12M
19 AGIO 1.29% 1,256,080 $42M $33.83 $8M -23,674 -1.9%
20 BCRX 1.16% 4,009,240 $38M $9.52 +4,009,240 NEW
21 ZLAB 1.08% 1,902,320 $36M $18.81 $2M
22 AURA 1.03% 5,100,000 $34M $6.69 $6M
23 ACAD 0.97% 1,438,198 $32M $22.26 -$3M +141,000 +10.9%
24 LXEO 0.77% 4,424,725 $25M $5.74 -$19M
25 ALKS 0.75% 700,647 $25M $35.36 $5M
26 ACRS 0.56% 4,925,374 $18M $3.75 +4,925,374 NEW
27 GLUE 0.50% 1,000,000 $16M $16.45 +1,000,000 NEW
28 IMCR 0.44% 484,782 $15M $30.15 $1M +100,000 +26.0%
29 MNKD 0.44% 5,900,000 $14M $2.45 -$10M +1,675,000 +39.6%
30 VALN 0.43% 2,291,666 $14M $6.25 -$6M
31 EOLS 0.33% 2,630,665 $11M $4.11 -$7M
32 ALLO 0.28% 3,796,668 $9M $2.44 $4M -72,082 -1.9%
33 AUTL 0.19% 4,447,910 $6M $1.38 -$3M -175,414 -3.8%
34 XLO 0.11% 422,505 $4M $8.41 +422,505 NEW
35 DSGN —% -$5M -521,000 -100.0% SOLD
36 ABVX —% -$51M -378,300 -100.0% SOLD
37 TVTX —% -$9M -241,592 -100.0% SOLD
38 RNAM —% -$71M -983,125 -100.0% SOLD
39 RAPT —% -$33M -983,333 -100.0% SOLD

New Positions

SymbolValue% Port
BCRX $38M 1.16%
ACRS $18M 0.56%
GLUE $16M 0.50%
XLO $4M 0.11%

Sold Out Positions

SymbolValue% Port
DSGN —%
ABVX —%
TVTX —%
RNAM —%
RAPT —%
View SEC EDGAR Filings for Frazier Life Sciences Management, L.P. →

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