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Asset Manager ← All Institutions

Boxer Capital Management, LLC

Q4 2025 · Filed 2026-02-17
Market Value
$396M
+32.8%
Holdings
38
+9
New Purchases
10
Added To
11
Closed
3
Reduced
7
Top 10 Concentration
71.2%
Turnover
34.2%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
CELC 5.67% 1.49% +4.18% $22M
KOD 8.03% 4.12% +3.91% $32M
TERN 3.83% 0.00% +3.83% $15M
CAPR 2.37% 0.00% +2.37% $9M
COGT 2.02% 0.00% +2.02% $8M
RVMD 8.05% 6.27% +1.78% $32M
CYBN 1.48% 0.00% +1.48% $6M
CTNM 1.43% 0.00% +1.43% $6M
CDTX 2.96% 1.54% +1.42% $12M
GPCR 1.32% 0.00% +1.32% $5M
PTGX 3.75% 2.45% +1.30% $15M
UPB 1.03% 0.00% +1.03% $4M
VIR 0.95% 0.00% +0.95% $4M
ADGI 0.94% 0.00% +0.94% $4M
ABVX 4.26% 3.42% +0.84% $17M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
QURE 1.75% 15.67% -13.91% $7M
MRUS 0.00% 3.79% -3.79% $0
TNGX 24.35% 27.54% -3.19% $96M
NKTR 0.00% 2.39% -2.39% $0
CYTK 1.61% 3.69% -2.08% $6M
AMLX 2.44% 4.10% -1.66% $10M
DNLI 0.00% 1.22% -1.22% $0
URGN 2.96% 3.85% -0.89% $12M
SRPT 0.82% 1.62% -0.80% $3M
GBM.F 1.06% 1.81% -0.74% $4M
PTCT 3.84% 4.12% -0.28% $15M
MIST 0.34% 0.45% -0.11% $1M
NRIX 0.48% 0.54% -0.06% $2M
KALV 0.08% 0.08% -0.00% $329K

Sector Allocation Over Time

Market Cap Concentration

TierHoldingsValueWeight
Large Cap 1 $32M 8.1%
Mid Cap 13 $238M 60.1%
Small Cap 18 $116M 29.4%
Micro Cap 6 $10M 2.5%

Portfolio Analytics

Avg Market Cap
$3.3B
Median Market Cap
$1.5B
Avg P/E
27.1
Median P/E
27.1
Avg Dividend Yield
—%
Avg Beta
0.89
# Stocks
38
# ETFs / Funds
0

Top Holdings (38 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 TNGX 24.35% 10,876,219 $96M $8.86 $14M +1,104,734 +11.3%
2 RVMD 8.05% 400,000 $32M $79.65 $13M
3 KOD 8.03% 1,136,000 $32M $27.96 $19M +386,000 +51.5%
4 KYMR 6.47% 329,100 $26M $77.81 $8M +10,000 +3.1%
5 CELC 5.67% 225,000 $22M $99.74 $18M +135,000 +150.0%
6 ABVX 4.26% 125,000 $17M $134.85 $7M +5,000 +4.2%
7 PTCT 3.84% 200,000 $15M $75.96 $3M
8 TERN 3.83% 375,000 $15M $40.40 +375,000 NEW
9 PTGX 3.75% 170,000 $15M $87.34 $8M +60,000 +54.5%
10 URGN 2.96% 500,000 $12M $23.42 $239K -75,000 -13.0%
11 CDTX 2.96% 53,000 $12M $220.89 $7M +5,000 +10.4%
12 AMLX 2.44% 800,000 $10M $12.08 -$3M -100,000 -11.1%
13 CAPR 2.37% 325,000 $9M $28.86 +325,000 NEW
14 COGT 2.02% 225,000 $8M $35.52 +225,000 NEW
15 REPL 1.84% 750,000 $7M $9.72 $3M -300,000 -28.6%
16 QURE 1.75% 290,000 $7M $23.93 -$40M -510,000 -63.8%
17 CYTK 1.61% 100,000 $6M $63.54 -$5M -100,000 -50.0%
18 CYBN 1.48% 715,000 $6M $8.18 +715,000 NEW
19 PGEN 1.45% 1,375,000 $6M $4.18 $3M +525,000 +61.8%
20 CTNM 1.43% 494,000 $6M $11.43 +494,000 NEW
21 GPCR 1.32% 75,000 $5M $69.55 +75,000 NEW
22 GBM.F 1.06% 2,420,122 $4M $1.74 -$1M +120,122 +5.2%
23 UPB 1.03% 150,000 $4M $27.15 +150,000 NEW
24 VIR 0.95% 625,000 $4M $6.03 +625,000 NEW
25 ADGI 0.94% 1,500,000 $4M $2.47 +1,500,000 NEW
26 MLTX 0.92% 275,000 $4M $13.18 $2M +25,000 +10.0%
27 SRPT 0.82% 150,000 $3M $21.52 -$2M -100,000 -40.0%
28 PEPG 0.62% 373,892 $2M $6.51 $1M +123,892 +49.6%
29 NRIX 0.48% 100,000 $2M $18.97 $280K -75,000 -42.9%
30 KPTI 0.47% 252,536 $2M $7.36 +252,536 NEW
31 LBRX 0.39% 70,000 $2M $22.26 $453K
32 MIST 0.34% 666,666 $1M $2.02 $13K
33 KALV 0.08% 20,400 $329K $16.15 $81K
34 NUVB-WT 0.02% 266,666 $88K $0.33 $34K
35 SRZNW —% 66,666 $1K $0.02 $333
36 MRUS —% -$11M -120,000 -100.0% SOLD
37 DNLI —% -$4M -250,000 -100.0% SOLD
38 NKTR —% -$7M -125,000 -100.0% SOLD

New Positions

SymbolValue% Port
TERN $15M 3.83%
CAPR $9M 2.37%
COGT $8M 2.02%
CYBN $6M 1.48%
CTNM $6M 1.43%
GPCR $5M 1.32%
UPB $4M 1.03%
VIR $4M 0.95%
ADGI $4M 0.94%
KPTI $2M 0.47%

Sold Out Positions

SymbolValue% Port
DNLI —%
NKTR —%
MRUS —%
View SEC EDGAR Filings for Boxer Capital Management, LLC →

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