13F HOLDINGS REPORT
DEERFIELD MANAGEMENT COMPANY, L.P. (SERIES C)
Quarter ended Q3 2025 · Filed November 14, 2025 · Accession 0001213900-25-110851
Total Value
$6.55B
Positions
152
Other Managers
1
Confidential Omitted
No
Holdings (152)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | NUVALENT INC | NUVL | 17,991,024 | $1.56B | 23.75% |
| 2 | CENTENE CORP DEL | CNC | 9,046,000 | $322.8M | 4.93% |
| 3 | MERUS N V | N5749R100 | 3,046,916 | $286.9M | 4.38% |
| 4 | VIATRIS INC | VTRS | 24,099,083 | $238.6M | 3.64% |
| 5 | UNITED THERAPEUTICS CORP DEL | UTHR | 425,993 | $178.6M | 2.73% |
| 6 | REVOLUTION MEDICINES INC | RVMDW | 3,650,342 | $170.5M | 2.60% |
| 7 | INDIVIOR PLC | INDV | 6,986,811 | $168.5M | 2.57% |
| 8 | MIRUM PHARMACEUTICALS INC | MIRM | 70,000,000 | $168.2M | 2.57% |
| 9 | NEUROCRINE BIOSCIENCES INC | NBIX | 1,184,345 | $166.3M | 2.54% |
| 10 | COGENT BIOSCIENCES INC | COGT | 9,053,118 | $130.0M | 1.98% |
| 11 | IONIS PHARMACEUTICALS INC | IONS | 1,979,669 | $129.5M | 1.98% |
| 12 | NEWAMSTERDAM PHARMA COMPANY | NAMSW | 4,266,693 | $121.3M | 1.85% |
| 13 | VERA THERAPEUTICS INC | VERA | 3,641,157 | $105.8M | 1.62% |
| 14 | BRISTOL-MYERS SQUIBB CO | CELG-RI | 2,337,771 | $105.4M | 1.61% |
| 15 | ADAPTHEALTH CORP | AHCO | 11,477,730 | $102.7M | 1.57% |
| 16 | LARIMAR THERAPEUTICS INC | LRMR | 30,606,974 | $98.9M | 1.51% |
| 17 | BROOKDALE SR LIVING INC | 112463104 | 11,641,642 | $98.6M | 1.51% |
| 18 | CATALYST PHARMACEUTICALS INC | CPRX | 4,974,767 | $98.0M | 1.50% |
| 19 | LEGEND BIOTECH CORP | LEGN | 2,962,338 | $96.6M | 1.47% |
| 20 | BIOCRYST PHARMACEUTICALS INC | BCRX | 12,169,000 | $92.4M | 1.41% |
| 21 | TANDEM DIABETES CARE INC | TNDM | 100,000,000 | $87.1M | 1.33% |
| 22 | MERCK & CO INC | MRK | 1,030,000 | $86.4M | 1.32% |
| 23 | PFIZER INC | PFE | 3,303,790 | $84.2M | 1.29% |
| 24 | IONIS PHARMACEUTICALS INC | IONS | 60,000,000 | $82.7M | 1.26% |
| 25 | CERTARA INC | CERT | 6,739,537 | $82.4M | 1.26% |
| 26 | INSPIRE MED SYS INC | 457730109 | 1,047,694 | $77.7M | 1.19% |
| 27 | ARS PHARMACEUTICALS INC | SPRY | 7,503,812 | $75.4M | 1.15% |
| 28 | INSMED INC | INSM | 471,000 | $67.8M | 1.04% |
| 29 | BIO RAD LABS INC | 090572207 | 226,070 | $63.4M | 0.97% |
| 30 | NEOGENOMICS INC | NEO | 72,689,000 | $62.9M | 0.96% |
| 31 | PHARVARIS N V | PHVS | 2,442,464 | $60.9M | 0.93% |
| 32 | DISC MEDICINE INC | IRON | 919,403 | $60.8M | 0.93% |
| 33 | IDEAYA BIOSCIENCES INC | IDYA | 2,153,043 | $58.6M | 0.89% |
| 34 | BRIDGEBIO ONCOLOGY THERAPEUT | BBOT | 4,885,446 | $56.6M | 0.86% |
| 35 | ENVISTA HOLDINGS CORPORATION | NVST | 2,294,036 | $46.7M | 0.71% |
| 36 | PRAXIS PRECISION MEDICINES I | PRAX | 840,851 | $44.6M | 0.68% |
| 37 | CORMEDIX INC | CRMD | 3,323,833 | $38.7M | 0.59% |
| 38 | ENHABIT INC | EHAB | 4,747,746 | $38.0M | 0.58% |
| 39 | EMBECTA CORP | EMBC | 2,620,421 | $37.0M | 0.56% |
| 40 | LIVANOVA PLC | LIVN | 34,280,000 | $36.9M | 0.56% |
| 41 | CELCUITY INC | CELC | 733,530 | $36.2M | 0.55% |
| 42 | CONMED CORP | CNMD | 760,196 | $35.8M | 0.55% |
| 43 | ZENAS BIOPHARMA INC | ZBIO | 1,562,942 | $34.7M | 0.53% |
| 44 | NEOGENOMICS INC | NEO | 4,447,331 | $34.3M | 0.52% |
| 45 | ARROWHEAD PHARMACEUTICALS IN | ARWR | 993,000 | $34.2M | 0.52% |
| 46 | DAY ONE BIOPHARMACEUTICALS I | DAWN | 4,705,413 | $33.2M | 0.51% |
| 47 | KYMERA THERAPEUTICS INC | KYMR | 572,258 | $32.4M | 0.49% |
| 48 | CAREDX INC | CDNA | 2,191,000 | $31.9M | 0.49% |
| 49 | ALNYLAM PHARMACEUTICALS INC | ALNY | 67,935 | $31.0M | 0.47% |
| 50 | ACADIA HEALTHCARE COMPANY IN | ACHC | 1,189,000 | $29.4M | 0.45% |
| 51 | SIONNA THERAPEUTICS INC | SION | 970,590 | $28.5M | 0.44% |
| 52 | SAVARA INC | SVRA | 7,964,000 | $28.4M | 0.43% |
| 53 | IMMUNOCORE HLDGS PLC | IMCR | 30,000,000 | $27.0M | 0.41% |
| 54 | LANTHEUS HLDGS INC | LNTH | 25,255,000 | $26.5M | 0.41% |
| 55 | PHREESIA INC | PHR | 1,116,752 | $26.3M | 0.40% |
| 56 | MODERNA INC | MRNA | 1,000,000 | $25.8M | 0.39% |
| 57 | VERACYTE INC | VCYT | 726,000 | $24.9M | 0.38% |
| 58 | VENTAS INC | VTR | 354,000 | $24.8M | 0.38% |
| 59 | BETA BIONICS INC | BBNX | 1,168,415 | $23.2M | 0.35% |
| 60 | XENON PHARMACEUTICALS INC | XENE | 542,020 | $21.8M | 0.33% |
| 61 | TAYSHA GENE THERAPIES INC | TSHA | 5,386,000 | $17.6M | 0.27% |
| 62 | CULLINAN THERAPEUTICS INC | CGEM | 2,927,013 | $17.4M | 0.26% |
| 63 | FOGHORN THERAPEUTICS INC | FHTX | 3,255,514 | $15.9M | 0.24% |
| 64 | MONOPAR THERAPEUTICS INC | MNPR | 159,765 | $13.0M | 0.20% |
| 65 | EDGEWISE THERAPEUTICS INC | EWTX | 765,694 | $12.4M | 0.19% |
| 66 | OMADA HEALTH INC | OMDA | 553,107 | $12.2M | 0.19% |
| 67 | THE ONCOLOGY INSTITUTE INC | 68236X100 | 3,360,052 | $11.7M | 0.18% |
| 68 | INTEGRA LIFESCIENCES HLDGS C | IART | 794,865 | $11.4M | 0.17% |
| 69 | STRUCTURE THERAPEUTICS INC | GPCR | 373,407 | $10.5M | 0.16% |
| 70 | SPYRE THERAPEUTICS INC | SYRE | 613,665 | $10.3M | 0.16% |
| 71 | DOCGO INC | DCGO | 4,622,708 | $6.3M | 0.10% |
| 72 | SHOULDER INNOVATIONS INC | SI | 482,572 | $6.1M | 0.09% |
| 73 | JADE BIOSCIENCES INC | JBIO | 531,163 | $4.6M | 0.07% |
| 74 | ALIGN TECHNOLOGY INC | ALGN | 32,789 | $4.1M | 0.06% |
| 75 | PRESTIGE CONSMR HEALTHCARE I | 74112D101 | 64,563 | $4.0M | 0.06% |
| 76 | CALCIMEDICA INC | CALC | 1,300,000 | $4.0M | 0.06% |
| 77 | UFP TECHNOLOGIES INC | UFPT | 18,660 | $3.7M | 0.06% |
| 78 | ORTHOPEDIATRICS CORP | KIDS | 194,109 | $3.6M | 0.05% |
| 79 | VAREX IMAGING CORP | VREX | 285,207 | $3.5M | 0.05% |
| 80 | MERIT MED SYS INC | 589889104 | 41,846 | $3.5M | 0.05% |
| 81 | HAEMONETICS CORP MASS | HAE | 69,089 | $3.4M | 0.05% |
| 82 | HEARTFLOW INC | HTFL | 100,000 | $3.4M | 0.05% |
| 83 | KENVUE INC | KVUE | 193,853 | $3.1M | 0.05% |
| 84 | ALECTOR INC | ALEC | 1,055,192 | $3.1M | 0.05% |
| 85 | ATRICURE INC | ATRC | 87,569 | $3.1M | 0.05% |
| 86 | BOSTON SCIENTIFIC CORP | BSX | 31,312 | $3.1M | 0.05% |
| 87 | 10X GENOMICS INC | TXG | 261,188 | $3.1M | 0.05% |
| 88 | RADNET INC | RDNT | 39,913 | $3.0M | 0.05% |
| 89 | IRHYTHM TECHNOLOGIES INC | IRTC | 17,262 | $3.0M | 0.05% |
| 90 | COOPER COS INC | 216648501 | 43,110 | $3.0M | 0.05% |
| 91 | REVVITY INC | RVTY | 33,541 | $2.9M | 0.04% |
| 92 | BIOLIFE SOLUTIONS INC | BLFS | 111,195 | $2.8M | 0.04% |
| 93 | LEMAITRE VASCULAR INC | LMAT | 29,959 | $2.6M | 0.04% |
| 94 | STAAR SURGICAL CO | STAA | 96,989 | $2.6M | 0.04% |
| 95 | TRUPANION INC | TRUP | 57,045 | $2.5M | 0.04% |
| 96 | DAVITA INC | DVA | 18,567 | $2.5M | 0.04% |
| 97 | INTUITIVE SURGICAL INC | ISRG | 5,438 | $2.4M | 0.04% |
| 98 | WATERS CORP | 941848103 | 7,885 | $2.4M | 0.04% |
| 99 | CORVEL CORP | CRVL | 30,216 | $2.3M | 0.04% |
| 100 | ENOVIS CORPORATION | ENOV | 69,213 | $2.1M | 0.03% |
| 101 | CHEMED CORP NEW | CHE | 4,664 | $2.1M | 0.03% |
| 102 | ALIGNMENT HEALTHCARE INC | ALHC | 102,942 | $1.8M | 0.03% |
| 103 | ANNEXON INC | ANNX | 583,913 | $1.8M | 0.03% |
| 104 | NATIONAL HEALTHCARE CORP | NHC | 14,584 | $1.8M | 0.03% |
| 105 | REPLIGEN CORP | RGEN | 12,909 | $1.7M | 0.03% |
| 106 | TELEFLEX INCORPORATED | TFX | 13,572 | $1.7M | 0.03% |
| 107 | GE HEALTHCARE TECHNOLOGIES I | GEHC | 21,924 | $1.6M | 0.03% |
| 108 | PENUMBRA INC | PEN | 6,411 | $1.6M | 0.02% |
| 109 | NEWAMSTERDAM PHARMA COMPANY | NAMSW | 92,787 | $1.6M | 0.02% |
| 110 | DEXCOM INC | DXCM | 22,287 | $1.5M | 0.02% |
| 111 | TRANSMEDICS GROUP INC | TMDX | 12,752 | $1.4M | 0.02% |
| 112 | AVANOS MED INC | AVNS | 122,899 | $1.4M | 0.02% |
| 113 | INSULET CORP | PODD | 4,480 | $1.4M | 0.02% |
| 114 | BIOMX INC | PHGE | 2,494,108 | $1.3M | 0.02% |
| 115 | INTEGER HLDGS CORP | ITGR | 12,528 | $1.3M | 0.02% |
| 116 | DANAHER CORPORATION | 235851102 | 6,421 | $1.3M | 0.02% |
| 117 | ZOETIS INC | ZTS | 8,554 | $1.3M | 0.02% |
| 118 | BELLRING BRANDS INC | BRBR | 34,232 | $1.2M | 0.02% |
| 119 | ELUTIA INC | ELUT | 1,371,603 | $1.2M | 0.02% |
| 120 | AZENTA INC | AZTA | 41,004 | $1.2M | 0.02% |
| 121 | BIO-TECHNE CORP | TECH | 20,979 | $1.2M | 0.02% |
| 122 | XERIS BIOPHARMA HOLDINGS INC | XERS | 120,900 | $984,126 | 0.02% |
| 123 | BAXTER INTL INC | 071813109 | 42,744 | $973,281 | 0.01% |
| 124 | MOLINA HEALTHCARE INC | MOH | 5,047 | $965,794 | 0.01% |
| 125 | ALPHATEC HLDGS INC | ATEC | 65,262 | $948,909 | 0.01% |
| 126 | ADAPTIVE BIOTECHNOLOGIES COR | ADTI | 60,328 | $902,507 | 0.01% |
| 127 | STRYKER CORPORATION | SYK | 1,988 | $734,904 | 0.01% |
| 128 | MIMEDX GROUP INC | MDXG | 104,870 | $731,993 | 0.01% |
| 129 | TWIST BIOSCIENCE CORP | TWST | 23,827 | $670,492 | 0.01% |
| 130 | HEALTHEQUITY INC | HQY | 7,060 | $669,076 | 0.01% |
| 131 | STERIS PLC | STE | 2,578 | $637,900 | 0.01% |
| 132 | GLOBUS MED INC | GMED | 11,106 | $636,041 | 0.01% |
| 133 | EDWARDS LIFESCIENCES CORP | EW | 6,349 | $493,762 | 0.01% |
| 134 | THERMO FISHER SCIENTIFIC INC | TMO | 944 | $457,859 | 0.01% |
| 135 | SOTERA HEALTH CO | SHC | 25,384 | $399,290 | 0.01% |
| 136 | DENTSPLY SIRONA INC | XRAY | 30,183 | $383,022 | 0.01% |
| 137 | LABCORP HOLDINGS INC | LH | 1,057 | $303,422 | 0.00% |
| 138 | SERVICE CORP INTL | 817565104 | 3,635 | $302,505 | 0.00% |
| 139 | HENRY SCHEIN INC | HSIC | 4,191 | $278,157 | 0.00% |
| 140 | SUPERNUS PHARMACEUTICALS INC | SUPN | 5,331 | $254,768 | 0.00% |
| 141 | HUMANA INC | HUM | 917 | $238,576 | 0.00% |
| 142 | ORGANON & CO | OGN | 16,388 | $175,024 | 0.00% |
| 143 | THE ONCOLOGY INSTITUTE INC | 68236X118 | 1,250,000 | $150,000 | 0.00% |
| 144 | TANDEM DIABETES CARE INC | TNDM | 12,195 | $148,047 | 0.00% |
| 145 | COMMUNITY HEALTH SYS INC NEW | 203668108 | 32,720 | $105,031 | 0.00% |
| 146 | QUANTUM SI INC | QSIAW | 333,333 | $90,000 | 0.00% |
| 147 | NUVATION BIO INC | NUVB | 166,666 | $33,683 | 0.00% |
| 148 | BUTTERFLY NETWORK INC | BFLY | 733,333 | $33,440 | 0.00% |
| 149 | EMERGENT BIOSOLUTIONS INC | EBS | 1,872 | $16,511 | 0.00% |
| 150 | PMV PHARMACEUTICALS INC | PMVP | 8,790 | $12,306 | 0.00% |
| 151 | MYRIAD GENETICS INC | MYGN | 505 | $3,651 | 0.00% |
| 152 | SURROZEN INC | SRZNW | 166,666 | $2,967 | 0.00% |