13F HOLDINGS REPORT
FARALLON CAPITAL MANAGEMENT LLC
Quarter ended Q4 2025 · Filed February 17, 2026 · Accession 0000908834-26-000087
Total Value
$20.72B
Positions
151
Other Managers
0
Confidential Omitted
Yes
Holdings (151)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | SPDR S&P 500 ETF TR | SPY | 3,000,000 | $2.05B | 9.65% |
| 2 | REVOLUTION MEDICINES INC | RVMDW | 14,582,796 | $1.16B | 5.48% |
| 3 | MICROSOFT CORP | MSFT | 2,214,079 | $1.07B | 5.05% |
| 4 | AMAZON COM INC | AMZN | 4,499,894 | $1.04B | 4.90% |
| 5 | AON PLC | AON | 2,665,238 | $940.5M | 4.44% |
| 6 | NATERA INC | NTRA | 3,914,366 | $896.7M | 4.23% |
| 7 | BOSTON SCIENTIFIC CORP | BSX | 7,439,564 | $709.4M | 3.35% |
| 8 | INVESCO EXCHANGE TRADED FD T | IVZ | 3,600,000 | $689.6M | 3.25% |
| 9 | EXELIXIS INC | EXEL | 15,709,500 | $688.5M | 3.25% |
| 10 | BRIDGEBIO PHARMA INC | BBIO | 8,998,463 | $688.3M | 3.25% |
| 11 | ISHARES TR | 464288513 | 8,000,000 | $645.0M | 3.04% |
| 12 | PROTAGONIST THERAPEUTICS INC | PTGX | 6,144,006 | $536.6M | 2.53% |
| 13 | WABTEC | 929740108 | 2,476,003 | $528.5M | 2.49% |
| 14 | UNITEDHEALTH GROUP INC | UNH | 1,598,906 | $527.8M | 2.49% |
| 15 | CYBERARK SOFTWARE LTD | M2682V108 | 1,053,040 | $469.7M | 2.22% |
| 16 | DISNEY WALT CO | 254687106 | 4,125,991 | $469.4M | 2.22% |
| 17 | SYNOPSYS INC | SNPS | 999,200 | $469.3M | 2.21% |
| 18 | ELI LILLY & CO | LLY | 375,000 | $403.0M | 1.90% |
| 19 | THERMO FISHER SCIENTIFIC INC | TMO | 635,685 | $368.3M | 1.74% |
| 20 | LANTHEUS HLDGS INC | LNTH | 5,427,479 | $361.2M | 1.70% |
| 21 | ARAMARK | ARMK | 9,357,046 | $344.9M | 1.63% |
| 22 | SALESFORCE INC | CRM | 1,261,177 | $334.1M | 1.58% |
| 23 | SCHWAB CHARLES CORP | SCHW-PJ | 3,339,657 | $333.7M | 1.57% |
| 24 | CRINETICS PHARMACEUTICALS IN | CRNX | 6,933,098 | $322.7M | 1.52% |
| 25 | BROADCOM INC | AVGO | 892,400 | $308.9M | 1.46% |
| 26 | LIQUIDIA CORPORATION | LQDA | 8,656,038 | $298.5M | 1.41% |
| 27 | NASDAQ INC | NDAQ | 2,989,213 | $290.3M | 1.37% |
| 28 | BEAM THERAPEUTICS INC | BEAM | 10,063,111 | $278.9M | 1.32% |
| 29 | KKR & CO INC | KKRT | 2,017,700 | $257.2M | 1.21% |
| 30 | ALPHABET INC | GOOG | 787,040 | $247.0M | 1.17% |
| 31 | MCKESSON CORP | MCK | 298,900 | $245.2M | 1.16% |
| 32 | VISA INC | V | 695,910 | $244.1M | 1.15% |
| 33 | NEW YORK TIMES CO | NYT | 3,280,678 | $227.7M | 1.07% |
| 34 | DAYFORCE INC | 15677J108 | 2,925,000 | $202.3M | 0.95% |
| 35 | GRAIL INC | GRAL | 2,342,684 | $200.5M | 0.95% |
| 36 | BITWISE 10 CRYPTO INDEX ETF | BITW | 3,385,500 | $198.9M | 0.94% |
| 37 | CBRE GROUP INC | CBRE | 983,771 | $158.2M | 0.75% |
| 38 | AGIOS PHARMACEUTICALS INC | AGIO | 5,159,505 | $140.4M | 0.66% |
| 39 | CENTESSA PHARMACEUTICALS PLC | CNTA | 5,377,068 | $134.5M | 0.63% |
| 40 | BETA BIONICS INC | BBNX | 4,313,920 | $131.4M | 0.62% |
| 41 | CARDINAL HEALTH INC | CAH | 576,000 | $118.4M | 0.56% |
| 42 | TANGO THERAPEUTICS INC | TNGX | 13,061,411 | $115.7M | 0.55% |
| 43 | HIMS & HERS HEALTH INC | HIMS | 3,386,986 | $110.0M | 0.52% |
| 44 | ISHARES BITCOIN TRUST ETF | IBIT | 2,137,100 | $106.1M | 0.50% |
| 45 | MASTERCARD INCORPORATED | MA | 172,671 | $98.6M | 0.47% |
| 46 | CIDARA THERAPEUTICS INC | 171757206 | 382,800 | $84.6M | 0.40% |
| 47 | TENET HEALTHCARE CORP | THC | 372,153 | $74.0M | 0.35% |
| 48 | WELLTOWER INC | WELL | 343,000 | $63.7M | 0.30% |
| 49 | TRANSUNION | TRU | 675,000 | $57.9M | 0.27% |
| 50 | TYRA BIOSCIENCES INC | TYRA | 2,066,818 | $54.3M | 0.26% |
| 51 | VNET GROUP INC | VNET | 6,285,386 | $53.2M | 0.25% |
| 52 | ABIVAX SA | AAVXF | 387,000 | $52.2M | 0.25% |
| 53 | ENANTA PHARMACEUTICALS INC | ENTA | 2,772,262 | $43.7M | 0.21% |
| 54 | INSMED INC | INSM | 250,000 | $43.5M | 0.21% |
| 55 | ASSEMBLY BIOSCIENCES INC | ASMB | 1,227,590 | $41.8M | 0.20% |
| 56 | BAIDU INC | BAIDF | 315,300 | $41.2M | 0.19% |
| 57 | ALNYLAM PHARMACEUTICALS INC | ALNY | 100,000 | $39.8M | 0.19% |
| 58 | JOYY INC | JOYY | 578,200 | $37.4M | 0.18% |
| 59 | ISHARES ETHEREUM TR | 46438R105 | 1,481,001 | $33.2M | 0.16% |
| 60 | STRUCTURE THERAPEUTICS INC | GPCR | 454,000 | $31.6M | 0.15% |
| 61 | MINERALYS THERAPEUTICS INC | MLYS | 823,296 | $29.9M | 0.14% |
| 62 | SUNOCOCORP LLC | SUNC | 606,277 | $29.9M | 0.14% |
| 63 | PERCEPTIVE CAP SOLUTIONS COR | G70077105 | 2,250,000 | $29.3M | 0.14% |
| 64 | TERNS PHARMACEUTICALS INC | TERN | 642,000 | $25.9M | 0.12% |
| 65 | ENCOMPASS HEALTH CORP | EHC | 234,500 | $24.9M | 0.12% |
| 66 | AMKOR TECHNOLOGY INC | AMKR | 464,000 | $18.3M | 0.09% |
| 67 | VERASTEM INC | VSTM | 2,000,000 | $15.4M | 0.07% |
| 68 | DOXIMITY INC | DOCS | 311,000 | $13.8M | 0.06% |
| 69 | GUARDANT HEALTH INC | GH | 109,000 | $11.1M | 0.05% |
| 70 | MEDLINE INC | MDLN | 260,000 | $10.9M | 0.05% |
| 71 | NEW ORIENTAL ED & TECHNOLOGY | 647581206 | 196,000 | $10.8M | 0.05% |
| 72 | MINERVA NEUROSCIENCES INC | NERV | 2,365,000 | $9.5M | 0.04% |
| 73 | GENEDX HOLDINGS CORP | WGSWW | 70,000 | $9.1M | 0.04% |
| 74 | GRAYSCALE ETHEREUM MINI TR E | 38964R203 | 228,340 | $6.4M | 0.03% |
| 75 | PRIME MEDICINE INC | PRME | 1,240,843 | $4.3M | 0.02% |
| 76 | OSCAR HEALTH INC | OSCR | 264,000 | $3.8M | 0.02% |
| 77 | MADRIGAL PHARMACEUTICALS INC | MDGL | 3,319 | $1.9M | 0.01% |
| 78 | SUMMIT MIDSTREAM CORPORATION | SMC | 58,214 | $1.6M | 0.01% |
| 79 | NOVAVAX INC | NVAX | 195,000 | $1.3M | 0.01% |
| 80 | SCHRODINGER INC | SDGR | 71,000 | $1.3M | 0.01% |
| 81 | TEVA PHARMACEUTICAL INDS LTD | 881624209 | 40,000 | $1.2M | 0.01% |
| 82 | CAPRICOR THERAPEUTICS INC | CAPR | 41,000 | $1.2M | 0.01% |
| 83 | ARROWHEAD PHARMACEUTICALS IN | ARWR | 15,800 | $1.0M | 0.00% |
| 84 | ALVOTECH | ALVOW | 199,675 | $1.0M | 0.00% |
| 85 | BRIGHTSPRING HEALTH SVCS INC | 10950A106 | 22,000 | $823,900 | 0.00% |
| 86 | ROIVANT SCIENCES LTD | ROIV | 37,000 | $802,900 | 0.00% |
| 87 | ARCUTIS BIOTHERAPEUTICS INC | ARQT | 26,000 | $755,040 | 0.00% |
| 88 | AXSOME THERAPEUTICS INC | AXSM | 4,000 | $730,560 | 0.00% |
| 89 | COGENT BIOSCIENCES INC | COGT | 17,000 | $603,840 | 0.00% |
| 90 | ALKERMES PLC | ALKS | 20,800 | $581,984 | 0.00% |
| 91 | INSMED INC | INSM | 3,000 | $522,120 | 0.00% |
| 92 | KRYSTAL BIOTECH INC | KRYS | 2,000 | $493,080 | 0.00% |
| 93 | PROGYNY INC | PGNY | 18,000 | $462,240 | 0.00% |
| 94 | TRAVERE THERAPEUTICS INC | TVTX | 12,000 | $458,520 | 0.00% |
| 95 | HEALTHEQUITY INC | HQY | 5,000 | $458,050 | 0.00% |
| 96 | CELCUITY INC | CELC | 4,000 | $398,960 | 0.00% |
| 97 | OMEROS CORP | OMER | 23,000 | $395,025 | 0.00% |
| 98 | IONIS PHARMACEUTICALS INC | IONS | 4,800 | $379,728 | 0.00% |
| 99 | LIVANOVA PLC | LIVN | 6,000 | $369,180 | 0.00% |
| 100 | GLOBUS MED INC | GMED | 4,000 | $349,240 | 0.00% |
| 101 | CENCORA INC | COR | 1,000 | $337,750 | 0.00% |
| 102 | UNIQURE NV | QURE | 14,000 | $335,020 | 0.00% |
| 103 | BEONE MEDICINES LTD | BEIGF | 1,100 | $334,191 | 0.00% |
| 104 | CG ONCOLOGY INC | CGON | 8,000 | $332,160 | 0.00% |
| 105 | SCHOLAR ROCK HLDG CORP | SRRK | 7,000 | $308,350 | 0.00% |
| 106 | IMMUNOVANT INC | IMVT | 12,000 | $305,040 | 0.00% |
| 107 | NUVALENT INC | NUVL | 3,000 | $301,770 | 0.00% |
| 108 | ASCENDIS PHARMA A/S | ASND | 1,400 | $298,536 | 0.00% |
| 109 | VERACYTE INC | VCYT | 7,000 | $294,700 | 0.00% |
| 110 | GLAUKOS CORP | GKOS | 2,600 | $293,566 | 0.00% |
| 111 | SOLID POWER INC | SLDPW | 405,316 | $286,883 | 0.00% |
| 112 | STOKE THERAPEUTICS INC | STOK | 9,000 | $285,660 | 0.00% |
| 113 | SABRA HEALTH CARE REIT INC | SBRA | 14,000 | $265,160 | 0.00% |
| 114 | MERIT MED SYS INC | 589889104 | 3,000 | $264,420 | 0.00% |
| 115 | GRIFOLS S A | GIKLY | 28,000 | $261,800 | 0.00% |
| 116 | ARCELLX INC | ACLX | 4,000 | $260,800 | 0.00% |
| 117 | NUVATION BIO INC | NUVB | 29,000 | $259,840 | 0.00% |
| 118 | UROGEN PHARMA LTD | URGN | 11,000 | $257,620 | 0.00% |
| 119 | PACIFIC BIOSCIENCES CALIF IN | 69404D108 | 135,000 | $252,450 | 0.00% |
| 120 | GE HEALTHCARE TECHNOLOGIES I | GEHC | 3,000 | $246,060 | 0.00% |
| 121 | TWIST BIOSCIENCE CORP | TWST | 7,650 | $242,658 | 0.00% |
| 122 | MIRUM PHARMACEUTICALS INC | MIRM | 3,000 | $236,970 | 0.00% |
| 123 | SOLENO THERAPEUTICS INC | SLNO | 5,000 | $231,500 | 0.00% |
| 124 | VAXCYTE INC | PCVX | 5,000 | $230,700 | 0.00% |
| 125 | AMICUS THERAPEUTICS INC | FOLD | 16,000 | $227,840 | 0.00% |
| 126 | ALEANNA INC | ANNAW | 78,400 | $223,440 | 0.00% |
| 127 | NEOGENOMICS INC | NEO | 19,000 | $223,440 | 0.00% |
| 128 | ICON PLC | ICLR | 1,200 | $218,664 | 0.00% |
| 129 | ESTABLISHMENT LABS HLDGS INC | ESTA | 3,000 | $218,640 | 0.00% |
| 130 | OCULAR THERAPEUTIX INC | OCUL | 18,000 | $218,520 | 0.00% |
| 131 | SYNDAX PHARMACEUTICALS INC | SNDX | 10,000 | $210,100 | 0.00% |
| 132 | PRECIGEN INC | PGEN | 50,000 | $209,000 | 0.00% |
| 133 | HEALTHCARE RLTY TR | 42226K105 | 12,000 | $203,400 | 0.00% |
| 134 | DYNE THERAPEUTICS INC | DYN | 10,000 | $195,600 | 0.00% |
| 135 | BIOCRYST PHARMACEUTICALS INC | BCRX | 24,000 | $187,200 | 0.00% |
| 136 | TVARDI THERAPEUTICS INC | TVRD | 43,225 | $185,868 | 0.00% |
| 137 | ADAPTIVE BIOTECHNOLOGIES COR | ADTI | 11,000 | $178,640 | 0.00% |
| 138 | ALEANNA INC | ANNAW | 990,000 | $163,499 | 0.00% |
| 139 | ARDELYX INC | ARDX | 23,000 | $134,090 | 0.00% |
| 140 | BLUE GOLD LTD | BGLWW | 300,000 | $132,000 | 0.00% |
| 141 | REVOLUTION MEDICINES INC | RVMDW | 120,085 | $112,868 | 0.00% |
| 142 | RANI THERAPEUTICS HLDGS INC | RANI | 78,000 | $105,300 | 0.00% |
| 143 | ALTIMMUNE INC | ALT | 27,600 | $99,636 | 0.00% |
| 144 | IOVANCE BIOTHERAPEUTICS INC | IOVA | 26,000 | $70,980 | 0.00% |
| 145 | GERON CORP | GERN | 43,000 | $56,760 | 0.00% |
| 146 | EVOLENT HEALTH INC | EVH | 14,000 | $56,000 | 0.00% |
| 147 | C4 THERAPEUTICS INC | CCCC | 28,000 | $53,480 | 0.00% |
| 148 | IRONWOOD PHARMACEUTICALS INC | IRWD | 13,000 | $43,810 | 0.00% |
| 149 | CANOPY GROWTH CORP | CGC | 30,000 | $34,200 | 0.00% |
| 150 | NVNI GROUP LIMITED | NVNIW | 375,000 | $22,500 | 0.00% |
| 151 | BEYOND MEAT INC | BYND | 19,000 | $15,580 | 0.00% |