13F HOLDINGS REPORT
TANG CAPITAL MANAGEMENT LLC
Quarter ended Q4 2024 · Filed February 14, 2025 · Accession 0001214659-25-002812
Total Value
$1.51B
Positions
183
Other Managers
1
Confidential Omitted
No
Holdings (183)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | TARSUS PHARMACEUTICALS INC | TARS | 2,254,797 | $124.8M | 8.26% |
| 2 | AURINIA PHARMACEUTICALS INC | AUPH | 8,429,500 | $75.7M | 5.01% |
| 3 | GALAPAGOS NV | GLPGF | 2,161,200 | $59.4M | 3.93% |
| 4 | EVOLUS INC | EOLS | 4,997,399 | $55.2M | 3.65% |
| 5 | MIRUM PHARMACEUTICALS INC | MIRM | 1,237,107 | $51.2M | 3.38% |
| 6 | VIRIDIAN THERAPEUTICS INC | VRDN | 2,492,925 | $47.8M | 3.16% |
| 7 | IMMUNOCORE HLDGS PLC | IMCR | 1,555,600 | $45.9M | 3.04% |
| 8 | KALVISTA PHARMACEUTICALS INC | KALV | 4,893,847 | $41.5M | 2.74% |
| 9 | RELAY THERAPEUTICS INC | RLAY | 8,068,058 | $33.2M | 2.20% |
| 10 | REPLIMUNE GROUP INC | REPL | 2,700,000 | $32.7M | 2.16% |
| 11 | PTC THERAPEUTICS INC | PTCT | 700,000 | $31.6M | 2.09% |
| 12 | BIONTECH SE | BNTX | 270,000 | $30.8M | 2.04% |
| 13 | ACADIA PHARMACEUTICALS INC | ACAD | 1,500,000 | $27.5M | 1.82% |
| 14 | INTRA-CELLULAR THERAPIES INC | 46116X101 | 300,000 | $25.1M | 1.66% |
| 15 | VAXCYTE INC | PCVX | 300,000 | $24.6M | 1.62% |
| 16 | DYNAVAX TECHNOLOGIES CORP | 268158201 | 1,850,000 | $23.6M | 1.56% |
| 17 | LENZ THERAPEUTICS INC | LENZ | 766,940 | $22.1M | 1.47% |
| 18 | NEUROCRINE BIOSCIENCES INC | NBIX | 150,000 | $20.5M | 1.35% |
| 19 | ALTIMMUNE INC | ALT | 2,750,000 | $19.8M | 1.31% |
| 20 | NVIDIA CORPORATION | NVDA | 142,569 | $19.1M | 1.27% |
| 21 | ANAPTYSBIO INC | ANABV | 1,330,879 | $17.6M | 1.17% |
| 22 | ANI PHARMACEUTICALS INC | ANIP | 317,500 | $17.6M | 1.16% |
| 23 | JAZZ PHARMACEUTICALS PLC | JAZZ | 140,000 | $17.2M | 1.14% |
| 24 | ZYMEWORKS INC | ZYME | 1,100,000 | $16.1M | 1.07% |
| 25 | ATEA PHARMACEUTICALS INC | AVIR | 4,788,912 | $16.0M | 1.06% |
| 26 | AVADEL PHARMACEUTICALS PLC | G29687103 | 1,497,500 | $15.7M | 1.04% |
| 27 | META PLATFORMS INC | META | 26,600 | $15.6M | 1.03% |
| 28 | LEGEND BIOTECH CORP | LEGN | 450,000 | $14.6M | 0.97% |
| 29 | GSK PLC | GLAXF | 400,000 | $13.5M | 0.90% |
| 30 | SANOFI | SNYNF | 270,000 | $13.0M | 0.86% |
| 31 | LIQUIDIA CORPORATION | LQDA | 1,100,000 | $12.9M | 0.86% |
| 32 | VIKING THERAPEUTICS INC | VKTX | 320,000 | $12.9M | 0.85% |
| 33 | TELADOC HEALTH INC | TDOC | 1,400,000 | $12.7M | 0.84% |
| 34 | MODERNA INC | MRNA | 300,000 | $12.5M | 0.83% |
| 35 | KINIKSA PHARMACEUTICALS INTL | G52694109 | 628,609 | $12.4M | 0.82% |
| 36 | CYBIN INC | HELP | 1,330,097 | $11.7M | 0.78% |
| 37 | VANDA PHARMACEUTICALS INC | VNDA | 2,353,307 | $11.3M | 0.75% |
| 38 | CULLINAN THERAPEUTICS INC | CGEM | 921,138 | $11.2M | 0.74% |
| 39 | CRISPR THERAPEUTICS AG | CRSP | 266,500 | $10.5M | 0.69% |
| 40 | NUVATION BIO INC | NUVB | 3,900,000 | $10.4M | 0.69% |
| 41 | HILLEVAX INC | 43157M102 | 4,920,000 | $10.2M | 0.67% |
| 42 | ASTRAZENECA PLC | AZN | 150,000 | $9.8M | 0.65% |
| 43 | ELANCO ANIMAL HEALTH INC | ELAN | 800,000 | $9.7M | 0.64% |
| 44 | HARMONY BIOSCIENCES HLDGS IN | HRMY | 281,200 | $9.7M | 0.64% |
| 45 | ADMA BIOLOGICS INC | ADMA | 550,000 | $9.4M | 0.62% |
| 46 | ROCKET PHARMACEUTICALS INC | RCKTW | 750,000 | $9.4M | 0.62% |
| 47 | CARGO THERAPEUTICS INC | 14179K101 | 640,000 | $9.2M | 0.61% |
| 48 | DESIGN THERAPEUTICS INC | DSGN | 1,480,975 | $9.1M | 0.60% |
| 49 | COMPASS THERAPEUTICS INC | CMPX | 5,900,000 | $8.6M | 0.57% |
| 50 | BAUSCH PLUS LOMB CORP | 071705107 | 450,000 | $8.1M | 0.54% |
| 51 | EDGEWISE THERAPEUTICS INC COM | EWTX | 300,000 | $8.0M | 0.53% |
| 52 | ADICET BIO INC | ACET | 8,145,988 | $7.8M | 0.52% |
| 53 | ESSA PHARMA INC | 29668H708 | 4,300,000 | $7.7M | 0.51% |
| 54 | BIOAGE LABS INC | BIOA | 1,318,361 | $7.6M | 0.51% |
| 55 | ABCELLERA BIOLOGICS INC | ABCL | 2,582,816 | $7.6M | 0.50% |
| 56 | CYTOMX THERAPEUTICS INC | CTMX | 7,311,760 | $7.5M | 0.50% |
| 57 | SINGULAR GENOMICS SYSTEMS IN | 82933R308 | 372,000 | $7.2M | 0.48% |
| 58 | IMMUNITYBIO INC | IBRX | 2,814,192 | $7.2M | 0.48% |
| 59 | INSMED INC | INSM | 100,000 | $6.9M | 0.46% |
| 60 | BEIGENE LTD | BEIGF | 37,000 | $6.8M | 0.45% |
| 61 | VENTYX BIOSCIENCES INC | 92332V107 | 3,100,000 | $6.8M | 0.45% |
| 62 | JOURNEY MED CORP | DERM | 1,725,569 | $6.7M | 0.45% |
| 63 | BIOCRYST PHARMACEUTICALS INC | BCRX | 800,000 | $6.0M | 0.40% |
| 64 | DIANTHUS THERAPEUTICS INC | DNTH | 264,692 | $5.8M | 0.38% |
| 65 | NKARTA INC | NKTX | 2,293,719 | $5.7M | 0.38% |
| 66 | ALX ONCOLOGY HLDGS INC | ALXO | 3,296,883 | $5.5M | 0.36% |
| 67 | BIOGEN INC | BIIB | 35,000 | $5.4M | 0.35% |
| 68 | IONIS PHARMACEUTICALS INC | IONS | 150,000 | $5.2M | 0.35% |
| 69 | BIOHAVEN LTD | BHVN | 140,000 | $5.2M | 0.35% |
| 70 | SEER INC | SEER | 2,194,423 | $5.1M | 0.34% |
| 71 | COHERUS BIOSCIENCES INC | CHRS | 3,650,000 | $5.0M | 0.33% |
| 72 | KEZAR LIFE SCIENCES INC | KZR | 720,000 | $4.8M | 0.32% |
| 73 | NOVAVAX INC | NVAX | 600,000 | $4.8M | 0.32% |
| 74 | ALUMIS INC | ALMS | 600,000 | $4.7M | 0.31% |
| 75 | CYTOKINETICS INC | CYTK | 100,000 | $4.7M | 0.31% |
| 76 | APOGEE THERAPEUTICS INC | APGE | 100,000 | $4.5M | 0.30% |
| 77 | LANTHEUS HLDGS INC | LNTH | 50,000 | $4.5M | 0.30% |
| 78 | BLACK DIAMOND THERAPEUTICS I | BDTX | 2,070,209 | $4.4M | 0.29% |
| 79 | REVOLUTION MEDICINES INC | RVMDW | 100,000 | $4.4M | 0.29% |
| 80 | MERUS N V | N5749R100 | 100,000 | $4.2M | 0.28% |
| 81 | PHATHOM PHARMACEUTICALS INC | PHAT | 500,000 | $4.1M | 0.27% |
| 82 | NUVALENT INC | NUVL | 50,000 | $3.9M | 0.26% |
| 83 | ALEXANDRIA REAL ESTATE EQ IN | 015271109 | 40,000 | $3.9M | 0.26% |
| 84 | COMPASS PATHWAYS PLC | CMPS | 1,000,000 | $3.8M | 0.25% |
| 85 | IOVANCE BIOTHERAPEUTICS INC | IOVA | 500,000 | $3.7M | 0.24% |
| 86 | TECTONIC THERAPEUTIC INC | TECX | 79,166 | $3.7M | 0.24% |
| 87 | GRAIL INC | GRAL | 200,000 | $3.6M | 0.24% |
| 88 | STOKE THERAPEUTICS INC | STOK | 300,000 | $3.3M | 0.22% |
| 89 | HERON THERAPEUTICS INC | HRTX | 2,140,271 | $3.3M | 0.22% |
| 90 | C4 THERAPEUTICS INC | CCCC | 900,000 | $3.2M | 0.21% |
| 91 | FATE THERAPEUTICS INC | FATE | 1,855,954 | $3.1M | 0.20% |
| 92 | TG THERAPEUTICS INC | TGTX | 100,000 | $3.0M | 0.20% |
| 93 | CORBUS PHARMACEUTICALS HLDGS | CRBP | 242,653 | $2.9M | 0.19% |
| 94 | SPRINGWORKS THERAPEUTICS INC | 85205L107 | 74,265 | $2.7M | 0.18% |
| 95 | ELEVATION ONCOLOGY INC | 28623U101 | 4,760,000 | $2.7M | 0.18% |
| 96 | JANUX THERAPEUTICS INC | JANX | 50,000 | $2.7M | 0.18% |
| 97 | PRECISION BIOSCIENCES INC | DTIL | 673,332 | $2.6M | 0.17% |
| 98 | ONKURE THERAPEUTICS INC | OKUR | 294,626 | $2.5M | 0.17% |
| 99 | THERAVANCE BIOPHARMA INC | TBPH | 262,896 | $2.5M | 0.16% |
| 100 | ATYR PHARMA INC | ATYR | 671,134 | $2.4M | 0.16% |
| 101 | SOLENO THERAPEUTICS INC | SLNO | 50,000 | $2.2M | 0.15% |
| 102 | CAREDX INC | CDNA | 100,000 | $2.1M | 0.14% |
| 103 | GENMAB A/S | GNMSF | 100,000 | $2.1M | 0.14% |
| 104 | APPLIED THERAPEUTICS INC | 03828A101 | 2,428,169 | $2.1M | 0.14% |
| 105 | IDEXX LABS INC | 45168D104 | 5,000 | $2.1M | 0.14% |
| 106 | BOLT BIOTHERAPEUTICS INC | BOLT | 3,812,773 | $2.0M | 0.13% |
| 107 | FORTREA HLDGS INC | FTRE | 100,000 | $1.9M | 0.12% |
| 108 | ITEOS THERAPEUTICS INC | 46565G104 | 221,716 | $1.7M | 0.11% |
| 109 | JPMORGAN CHASE & CO. | VYLD | 6,601 | $1.6M | 0.10% |
| 110 | WALMART INC | WMT | 17,423 | $1.6M | 0.10% |
| 111 | THIRD HARMONIC BIO INC | 88427A107 | 150,000 | $1.5M | 0.10% |
| 112 | ERASCA INC | ERAS | 602,915 | $1.5M | 0.10% |
| 113 | VISA INC | V | 4,718 | $1.5M | 0.10% |
| 114 | DISNEY WALT CO | 254687106 | 13,095 | $1.5M | 0.10% |
| 115 | MICROSOFT CORP | MSFT | 3,413 | $1.4M | 0.10% |
| 116 | REGENERON PHARMACEUTICALS | REGN | 2,000 | $1.4M | 0.09% |
| 117 | VIATRIS INC | VTRS | 114,316 | $1.4M | 0.09% |
| 118 | BERKSHIRE HATHAWAY INC DEL | BRK-A | 3,099 | $1.4M | 0.09% |
| 119 | VERASTEM INC | VSTM | 270,000 | $1.4M | 0.09% |
| 120 | MIND MEDICINE MINDMED INC | 60255C885 | 200,000 | $1.4M | 0.09% |
| 121 | PAYPAL HLDGS INC | PYPL | 15,714 | $1.3M | 0.09% |
| 122 | PROCTER AND GAMBLE CO | 742718109 | 7,962 | $1.3M | 0.09% |
| 123 | SYNDAX PHARMACEUTICALS INC | SNDX | 100,000 | $1.3M | 0.09% |
| 124 | HOME DEPOT INC | HD | 3,353 | $1.3M | 0.09% |
| 125 | BEAM THERAPEUTICS INC | BEAM | 50,000 | $1.2M | 0.08% |
| 126 | VERIZON COMMUNICATIONS INC | VZ | 30,877 | $1.2M | 0.08% |
| 127 | TEXAS INSTRS INC | 882508104 | 6,568 | $1.2M | 0.08% |
| 128 | COCA COLA CO | KO | 19,714 | $1.2M | 0.08% |
| 129 | UNITED AIRLS HLDGS INC | UNTCW | 12,392 | $1.2M | 0.08% |
| 130 | NETFLIX INC | NFLX | 1,344 | $1.2M | 0.08% |
| 131 | NIKE INC | NKE | 15,789 | $1.2M | 0.08% |
| 132 | EXXON MOBIL CORP | XOM | 11,053 | $1.2M | 0.08% |
| 133 | ULTA BEAUTY INC | ULTA | 2,699 | $1.2M | 0.08% |
| 134 | UNITEDHEALTH GROUP INC | UNH | 2,308 | $1.2M | 0.08% |
| 135 | JOHNSON & JOHNSON | JNJ | 7,959 | $1.2M | 0.08% |
| 136 | PFIZER INC | PFE | 42,908 | $1.1M | 0.08% |
| 137 | AMERICAN EXPRESS CO | AXP | 3,799 | $1.1M | 0.07% |
| 138 | INTEL CORP | INTC | 55,997 | $1.1M | 0.07% |
| 139 | BOEING CO | BA-PA | 6,294 | $1.1M | 0.07% |
| 140 | AMAZON COM INC | AMZN | 5,071 | $1.1M | 0.07% |
| 141 | OPTIMIZERX CORP | OPRX | 221,200 | $1.1M | 0.07% |
| 142 | OMNIAB INC | OABIW | 300,000 | $1.1M | 0.07% |
| 143 | ALLSTATE CORP | ALL-PJ | 5,319 | $1.0M | 0.07% |
| 144 | ATARA BIOTHERAPEUTICS INC | ATRA | 75,196 | $1.0M | 0.07% |
| 145 | HORMEL FOODS CORP | HRL | 31,741 | $995,706 | 0.07% |
| 146 | T-MOBILE US INC | TMUSZ | 4,509 | $995,356 | 0.07% |
| 147 | HEWLETT PACKARD ENTERPRISE C | HPE-PC | 46,391 | $990,452 | 0.07% |
| 148 | GE AEROSPACE | 369604301 | 5,911 | $985,972 | 0.07% |
| 149 | PAYCHEX INC | PAYX | 6,973 | $977,802 | 0.06% |
| 150 | CLOROX CO DEL | CLX | 6,014 | $976,676 | 0.06% |
| 151 | MCDONALDS CORP | MCD | 3,365 | $975,499 | 0.06% |
| 152 | WHIRLPOOL CORP | WHR-PA | 8,510 | $974,215 | 0.06% |
| 153 | KRONOS BIO INC | 50107A104 | 1,003,382 | $953,213 | 0.06% |
| 154 | SEALED AIR CORP NEW | SE | 28,132 | $951,719 | 0.06% |
| 155 | FEDEX CORP | FDX | 3,349 | $942,208 | 0.06% |
| 156 | SHERWIN WILLIAMS CO | SHW | 2,765 | $939,753 | 0.06% |
| 157 | CENTURY THERAPEUTICS INC | IPSC | 900,000 | $909,000 | 0.06% |
| 158 | ASTRIA THERAPEUTICS INC | 04635X102 | 100,000 | $894,000 | 0.06% |
| 159 | GE VERNOVA INC | GEV | 2,710 | $891,379 | 0.06% |
| 160 | MARINUS PHARMACEUTICALS INC | 56854Q200 | 1,641,945 | $878,605 | 0.06% |
| 161 | KURA ONCOLOGY INC | KURA | 100,000 | $871,000 | 0.06% |
| 162 | CHEVRON CORP NEW | CVX | 5,978 | $865,854 | 0.06% |
| 163 | PASSAGE BIO INC | PASG | 1,500,000 | $850,650 | 0.06% |
| 164 | FORD MTR CO | 345370860 | 85,749 | $848,916 | 0.06% |
| 165 | BIOATLA INC | BCAB | 1,374,076 | $812,354 | 0.05% |
| 166 | ENANTA PHARMACEUTICALS INC | ENTA | 126,655 | $728,266 | 0.05% |
| 167 | STANDARD BIOTOOLS INC | LAB | 407,755 | $713,571 | 0.05% |
| 168 | MACROGENICS INC | MGNX | 218,856 | $711,282 | 0.05% |
| 169 | LEXICON PHARMACEUTICALS INC | LXRX | 850,268 | $627,923 | 0.04% |
| 170 | PUMA BIOTECHNOLOGY INC | PBYI | 200,000 | $610,000 | 0.04% |
| 171 | NEXTCURE INC | NXTC | 700,000 | $539,700 | 0.04% |
| 172 | EDITAS MEDICINE INC | EDIT | 400,000 | $508,000 | 0.03% |
| 173 | ALLAKOS INC | 01671P100 | 378,552 | $458,048 | 0.03% |
| 174 | AMYLYX PHARMACEUTICALS INC | AMLX | 100,000 | $378,000 | 0.03% |
| 175 | TSCAN THERAPEUTICS INC | TCRX | 117,847 | $358,255 | 0.02% |
| 176 | ATHIRA PHARMA INC | 04746L104 | 600,000 | $352,020 | 0.02% |
| 177 | OUTLOOK THERAPEUTICS INC | OTLK | 182,502 | $344,929 | 0.02% |
| 178 | REVIVA PHARMACEUTCLS HLDGS I | 76152G100 | 170,000 | $307,700 | 0.02% |
| 179 | ALLOVIR INC | 019818103 | 552,264 | $231,951 | 0.02% |
| 180 | AFFIMED N V | N01045207 | 148,315 | $176,495 | 0.01% |
| 181 | INVIVYD INC | IVVD | 330,172 | $146,299 | 0.01% |
| 182 | RELMADA THERAPEUTICS INC | RLMD | 200,825 | $104,429 | 0.01% |
| 183 | IMMUNEERING CORP | IMRX | 12,073 | $26,561 | 0.00% |