13F HOLDINGS REPORT
DEERFIELD MANAGEMENT COMPANY, L.P. (SERIES C)
Quarter ended Q4 2025 · Filed February 17, 2026 · Accession 0001213900-26-017265
Total Value
$7.83B
Positions
150
Other Managers
1
Confidential Omitted
No
Holdings (150)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | NUVALENT INC | NUVL | 17,248,450 | $1.74B | 22.16% |
| 2 | BROOKDALE SR LIVING INC | 112463AF1 | 306,885,000 | $427.5M | 5.46% |
| 3 | COGENT BIOSCIENCES INC | COGT | 9,043,903 | $321.2M | 4.10% |
| 4 | PRAXIS PRECISION MEDICINES I | PRAX | 903,351 | $266.3M | 3.40% |
| 5 | CENTENE CORP DEL | CNC | 6,447,998 | $265.3M | 3.39% |
| 6 | VIATRIS INC | VTRS | 20,206,170 | $251.6M | 3.21% |
| 7 | REVOLUTION MEDICINES INC | RVMDW | 2,894,613 | $230.6M | 2.94% |
| 8 | UNITED THERAPEUTICS CORP DEL | UTHR | 425,993 | $207.6M | 2.65% |
| 9 | VERA THERAPEUTICS INC | VERA | 4,059,695 | $205.6M | 2.63% |
| 10 | MIRUM PHARMACEUTICALS INC | MIRM | 70,000,000 | $180.7M | 2.31% |
| 11 | CELCUITY INC | CELC | 1,714,000 | $171.0M | 2.18% |
| 12 | NEUROCRINE BIOSCIENCES INC | NBIX | 1,184,345 | $168.0M | 2.15% |
| 13 | IONIS PHARMACEUTICALS INC | IONS | 1,979,669 | $156.6M | 2.00% |
| 14 | NEWAMSTERDAM PHARMA COMPANY | NAMSW | 4,164,789 | $146.1M | 1.87% |
| 15 | INSPIRE MED SYS INC | 457730109 | 1,505,872 | $138.9M | 1.77% |
| 16 | LEGEND BIOTECH CORP | LEGN | 5,932,000 | $129.0M | 1.65% |
| 17 | BROOKDALE SR LIVING INC | 112463104 | 11,637,032 | $125.6M | 1.60% |
| 18 | INDIVIOR PLC | INDV | 3,393,063 | $121.7M | 1.55% |
| 19 | ARROWHEAD PHARMACEUTICALS IN | ARWR | 1,832,946 | $121.7M | 1.55% |
| 20 | LARIMAR THERAPEUTICS INC | LRMR | 30,606,974 | $116.6M | 1.49% |
| 21 | CATALYST PHARMACEUTICALS INC | CPRX | 4,911,161 | $114.6M | 1.46% |
| 22 | ADAPTHEALTH CORP | AHCO | 11,477,730 | $114.3M | 1.46% |
| 23 | BIOCRYST PHARMACEUTICALS INC | BCRX | 14,341,000 | $111.9M | 1.43% |
| 24 | IONIS PHARMACEUTICALS INC | IONS | 60,000,000 | $95.3M | 1.22% |
| 25 | ALIGNMENT HEALTHCARE INC | ALHC | 61,000,000 | $92.6M | 1.18% |
| 26 | ARS PHARMACEUTICALS INC | SPRY | 7,503,812 | $87.4M | 1.12% |
| 27 | PHARVARIS N V | PHVS | 3,126,042 | $86.7M | 1.11% |
| 28 | SAVARA INC | SVRA | 13,569,000 | $81.8M | 1.04% |
| 29 | IDEAYA BIOSCIENCES INC | IDYA | 2,153,043 | $74.4M | 0.95% |
| 30 | CERTARA INC | CERT | 7,808,605 | $68.8M | 0.88% |
| 31 | BIO RAD LABS INC | 090572207 | 226,070 | $68.5M | 0.87% |
| 32 | NEOGENOMICS INC | NEO | 72,689,000 | $64.7M | 0.83% |
| 33 | ACADIA HEALTHCARE COMPANY IN | ACHC | 4,520,000 | $64.1M | 0.82% |
| 34 | BRIDGEBIO ONCOLOGY THERAPEUT | BBOT | 4,885,446 | $61.2M | 0.78% |
| 35 | STOKE THERAPEUTICS INC | STOK | 1,823,500 | $57.9M | 0.74% |
| 36 | LANTHEUS HLDGS INC | LNTH | 827,999 | $55.1M | 0.70% |
| 37 | STRUCTURE THERAPEUTICS INC | GPCR | 767,993 | $53.4M | 0.68% |
| 38 | ENVISTA HOLDINGS CORPORATION | NVST | 2,280,498 | $49.5M | 0.63% |
| 39 | ENHABIT INC | EHAB | 4,747,746 | $43.8M | 0.56% |
| 40 | KYMERA THERAPEUTICS INC | KYMR | 561,170 | $43.7M | 0.56% |
| 41 | CAREDX INC | CDNA | 2,191,000 | $41.3M | 0.53% |
| 42 | DISC MEDICINE INC | IRON | 511,163 | $40.6M | 0.52% |
| 43 | SIONNA THERAPEUTICS INC | SION | 970,590 | $39.9M | 0.51% |
| 44 | LIVANOVA PLC | LIVN | 34,280,000 | $39.7M | 0.51% |
| 45 | BELITE BIO INC | BLTE | 233,813 | $37.4M | 0.48% |
| 46 | DAY ONE BIOPHARMACEUTICALS I | DAWN | 3,723,131 | $34.7M | 0.44% |
| 47 | PHREESIA INC | PHR | 1,999,045 | $33.8M | 0.43% |
| 48 | EMBECTA CORP | EMBC | 2,752,031 | $32.7M | 0.42% |
| 49 | VERACYTE INC | VCYT | 726,000 | $30.6M | 0.39% |
| 50 | MODERNA INC | MRNA | 1,000,000 | $29.5M | 0.38% |
| 51 | LANTHEUS HLDGS INC | LNTH | 25,255,000 | $28.9M | 0.37% |
| 52 | BETA BIONICS INC | BBNX | 938,308 | $28.6M | 0.37% |
| 53 | VENTAS INC | VTR | 354,000 | $27.4M | 0.35% |
| 54 | IMMUNOCORE HLDGS PLC | IMCR | 30,000,000 | $27.1M | 0.35% |
| 55 | ALNYLAM PHARMACEUTICALS INC | ALNY | 67,935 | $27.0M | 0.35% |
| 56 | TANGO THERAPEUTICS INC | TNGX | 2,906,946 | $25.8M | 0.33% |
| 57 | XENON PHARMACEUTICALS INC | XENE | 542,020 | $24.3M | 0.31% |
| 58 | SPYRE THERAPEUTICS INC | SYRE | 710,626 | $23.3M | 0.30% |
| 59 | FOGHORN THERAPEUTICS INC | FHTX | 3,649,211 | $19.7M | 0.25% |
| 60 | COMPASS THERAPEUTICS INC | CMPX | 3,606,000 | $19.4M | 0.25% |
| 61 | EDGEWISE THERAPEUTICS INC | EWTX | 765,694 | $19.0M | 0.24% |
| 62 | KYVERNA THERAPEUTICS INC | KYTX | 2,000,000 | $18.8M | 0.24% |
| 63 | TAYSHA GENE THERAPIES INC | TSHA | 2,722,165 | $15.0M | 0.19% |
| 64 | CORMEDIX INC | CRMD | 1,107,944 | $12.9M | 0.16% |
| 65 | THE ONCOLOGY INSTITUTE INC | 68236X100 | 3,360,052 | $12.0M | 0.15% |
| 66 | MONOPAR THERAPEUTICS INC | MNPR | 170,558 | $11.1M | 0.14% |
| 67 | MEDLINE INC | MDLN | 260,000 | $10.9M | 0.14% |
| 68 | OMADA HEALTH INC | OMDA | 553,107 | $8.7M | 0.11% |
| 69 | CALCIMEDICA INC | CALC | 1,300,000 | $8.6M | 0.11% |
| 70 | PRESTIGE CONSMR HEALTHCARE I | 74112D101 | 69,669 | $4.3M | 0.05% |
| 71 | CULLINAN THERAPEUTICS INC | CGEM | 386,169 | $4.0M | 0.05% |
| 72 | VEEVA SYS INC | VEEV | 17,711 | $4.0M | 0.05% |
| 73 | RADNET INC | RDNT | 49,951 | $3.6M | 0.05% |
| 74 | LABCORP HOLDINGS INC | LH | 13,825 | $3.5M | 0.04% |
| 75 | ENOVIS CORPORATION | ENOV | 127,270 | $3.4M | 0.04% |
| 76 | ALIGNMENT HEALTHCARE INC | ALHC | 164,345 | $3.2M | 0.04% |
| 77 | QUEST DIAGNOSTICS INC | DGX | 18,392 | $3.2M | 0.04% |
| 78 | TRANSMEDICS GROUP INC | TMDX | 25,492 | $3.1M | 0.04% |
| 79 | INSULET CORP | PODD | 10,616 | $3.0M | 0.04% |
| 80 | ANNEXON INC | ANNX | 583,913 | $2.9M | 0.04% |
| 81 | BIOLIFE SOLUTIONS INC | BLFS | 120,211 | $2.9M | 0.04% |
| 82 | CHEMED CORP NEW | CHE | 6,215 | $2.7M | 0.03% |
| 83 | PETCO HEALTH & WELLNESS CO I | WOOF | 936,309 | $2.6M | 0.03% |
| 84 | ORTHOPEDIATRICS CORP | KIDS | 144,220 | $2.6M | 0.03% |
| 85 | THE CIGNA GROUP | 125523100 | 9,203 | $2.5M | 0.03% |
| 86 | TRUPANION INC | TRUP | 66,438 | $2.5M | 0.03% |
| 87 | RESMED INC | RSMDF | 10,104 | $2.4M | 0.03% |
| 88 | BOSTON SCIENTIFIC CORP | BSX | 24,941 | $2.4M | 0.03% |
| 89 | DAVITA INC | DVA | 20,909 | $2.4M | 0.03% |
| 90 | DOXIMITY INC | DOCS | 51,942 | $2.3M | 0.03% |
| 91 | DEXCOM INC | DXCM | 32,943 | $2.2M | 0.03% |
| 92 | IRHYTHM TECHNOLOGIES INC | IRTC | 12,099 | $2.1M | 0.03% |
| 93 | NEWAMSTERDAM PHARMA COMPANY | NAMSW | 92,787 | $2.1M | 0.03% |
| 94 | CONMED CORP | CNMD | 52,555 | $2.1M | 0.03% |
| 95 | MASIMO CORP | MASI | 16,147 | $2.1M | 0.03% |
| 96 | LEMAITRE VASCULAR INC | LMAT | 25,815 | $2.1M | 0.03% |
| 97 | 10X GENOMICS INC | TXG | 126,574 | $2.1M | 0.03% |
| 98 | ATRICURE INC | ATRC | 52,076 | $2.1M | 0.03% |
| 99 | AVANOS MED INC | AVNS | 167,061 | $1.9M | 0.02% |
| 100 | CORVEL CORP | CRVL | 27,629 | $1.9M | 0.02% |
| 101 | CARDINAL HEALTH INC | CAH | 8,985 | $1.8M | 0.02% |
| 102 | GOODRX HLDGS INC | GDRX | 660,133 | $1.8M | 0.02% |
| 103 | SURGERY PARTNERS INC | SGRY | 112,623 | $1.7M | 0.02% |
| 104 | ALIGN TECHNOLOGY INC | ALGN | 11,000 | $1.7M | 0.02% |
| 105 | ADDUS HOMECARE CORP | ADUS | 15,871 | $1.7M | 0.02% |
| 106 | MERIT MED SYS INC | 589889104 | 18,798 | $1.7M | 0.02% |
| 107 | NATIONAL HEALTHCARE CORP | NHC | 12,085 | $1.7M | 0.02% |
| 108 | ALECTOR INC | ALEC | 1,055,192 | $1.6M | 0.02% |
| 109 | ENCOMPASS HEALTH CORP | EHC | 15,259 | $1.6M | 0.02% |
| 110 | VAREX IMAGING CORP | VREX | 131,745 | $1.5M | 0.02% |
| 111 | HEALTHEQUITY INC | HQY | 16,231 | $1.5M | 0.02% |
| 112 | ABBOTT LABS | ABLZF | 11,449 | $1.4M | 0.02% |
| 113 | MAXIMUS INC | MMS | 16,606 | $1.4M | 0.02% |
| 114 | STRYKER CORPORATION | SYK | 3,551 | $1.2M | 0.02% |
| 115 | ALPHATEC HLDGS INC | ATEC | 57,277 | $1.2M | 0.02% |
| 116 | STAAR SURGICAL CO | STAA | 51,894 | $1.2M | 0.02% |
| 117 | EDWARDS LIFESCIENCES CORP | EW | 13,702 | $1.2M | 0.01% |
| 118 | UFP TECHNOLOGIES INC | UFPT | 5,098 | $1.1M | 0.01% |
| 119 | KENVUE INC | KVUE | 65,344 | $1.1M | 0.01% |
| 120 | MIMEDX GROUP INC | MDXG | 160,419 | $1.1M | 0.01% |
| 121 | INTEGER HLDGS CORP | ITGR | 13,326 | $1.0M | 0.01% |
| 122 | REVVITY INC | RVTY | 10,323 | $998,750 | 0.01% |
| 123 | AZENTA INC | AZTA | 25,835 | $859,272 | 0.01% |
| 124 | ARVINAS INC | ARVN | 68,057 | $807,156 | 0.01% |
| 125 | ZOETIS INC | ZTS | 5,698 | $716,922 | 0.01% |
| 126 | COOPER COS INC | 216648501 | 7,786 | $638,141 | 0.01% |
| 127 | SCHRODINGER INC | SDGR | 33,987 | $607,688 | 0.01% |
| 128 | TANDEM DIABETES CARE INC | TNDM | 26,090 | $573,458 | 0.01% |
| 129 | RXSIGHT INC | RXST | 52,257 | $544,518 | 0.01% |
| 130 | INTEGRA LIFESCIENCES HLDGS C | IART | 39,209 | $486,976 | 0.01% |
| 131 | ABBVIE INC | ABBV | 2,014 | $460,179 | 0.01% |
| 132 | HARROW INC | HROW | 8,693 | $425,957 | 0.01% |
| 133 | XERIS BIOPHARMA HOLDINGS INC | XERS | 52,230 | $410,006 | 0.01% |
| 134 | HEALTHCARE SVCS GROUP INC | 421906108 | 21,259 | $406,472 | 0.01% |
| 135 | AMPHASTAR PHARMACEUTICALS IN | AMPH | 14,852 | $397,737 | 0.01% |
| 136 | REPLIGEN CORP | RGEN | 2,199 | $360,328 | 0.00% |
| 137 | STERIS PLC | STE | 1,352 | $342,759 | 0.00% |
| 138 | BELLRING BRANDS INC | BRBR | 11,996 | $320,653 | 0.00% |
| 139 | INTUITIVE SURGICAL INC | ISRG | 483 | $273,552 | 0.00% |
| 140 | NATIONAL VISION HLDGS INC | EYE | 10,284 | $265,533 | 0.00% |
| 141 | BIOMX INC | PHGE | 131,270 | $245,471 | 0.00% |
| 142 | HUMANA INC | HUM | 917 | $234,871 | 0.00% |
| 143 | ABEONA THERAPEUTICS INC | ABEO | 40,000 | $210,800 | 0.00% |
| 144 | THE ONCOLOGY INSTITUTE INC | 68236X118 | 1,250,000 | $150,625 | 0.00% |
| 145 | QUANTUM SI INC | QSIAW | 333,333 | $66,833 | 0.00% |
| 146 | NUVATION BIO INC | NUVB | 166,666 | $55,000 | 0.00% |
| 147 | BUTTERFLY NETWORK INC | BFLY | 733,333 | $12,907 | 0.00% |
| 148 | PMV PHARMACEUTICALS INC | PMVP | 8,790 | $10,988 | 0.00% |
| 149 | SURROZEN INC | SRZNW | 166,666 | $3,333 | 0.00% |
| 150 | MYRIAD GENETICS INC | MYGN | 505 | $3,106 | 0.00% |