13F HOLDINGS REPORT
Soleus Capital Management, L.P.
Quarter ended Q2 2025 · Filed August 15, 2025 · Accession 0001802630-25-000008
Total Value
$1.51B
Positions
95
Other Managers
0
Confidential Omitted
No
Holdings (95)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | KRYSTAL BIOTECH INC | KRYS | 922,958 | $126.9M | 8.40% |
| 2 | NOVOCURE LTD | NVCR | 6,904,302 | $122.9M | 8.14% |
| 3 | TG THERAPEUTICS INC | TGTX | 2,243,935 | $80.8M | 5.35% |
| 4 | SPDR SERIES TRUST | 78464A870 | 750,000 | $62.2M | 4.12% |
| 5 | UNITED THERAPEUTICS CORP DEL | UTHR | 209,794 | $60.3M | 3.99% |
| 6 | BETA BIONICS INC | BBNX | 3,820,158 | $55.6M | 3.68% |
| 7 | GRIFOLS S A | GIKLY | 5,756,805 | $52.0M | 3.45% |
| 8 | STAAR SURGICAL CO | STAA | 2,984,733 | $50.1M | 3.32% |
| 9 | BIOMARIN PHARMACEUTICAL INC | BMRN | 902,304 | $49.6M | 3.28% |
| 10 | ORGANOGENESIS HLDGS INC | ORGO | 12,343,351 | $45.2M | 2.99% |
| 11 | PRAXIS PRECISION MEDICINES I | PRAX | 966,740 | $40.7M | 2.69% |
| 12 | CELCUITY INC | CELC | 3,011,818 | $40.2M | 2.66% |
| 13 | ALNYLAM PHARMACEUTICALS INC | ALNY | 106,750 | $34.8M | 2.31% |
| 14 | TERNS PHARMACEUTICALS INC | TERN | 8,167,100 | $30.5M | 2.02% |
| 15 | UROGEN PHARMA LTD | URGN | 2,185,000 | $29.9M | 1.98% |
| 16 | NURIX THERAPEUTICS INC | NRIX | 2,422,833 | $27.6M | 1.83% |
| 17 | ELEVANCE HEALTH INC | ELV | 70,000 | $27.2M | 1.80% |
| 18 | UNITEDHEALTH GROUP INC | UNH | 86,250 | $26.9M | 1.78% |
| 19 | NEUROPACE INC | NPCE | 2,312,957 | $25.8M | 1.71% |
| 20 | ARGENX SE | ARGX | 42,876 | $23.6M | 1.57% |
| 21 | SURMODICS INC | 868873100 | 789,060 | $23.4M | 1.55% |
| 22 | GERON CORP | GERN | 16,140,000 | $22.8M | 1.51% |
| 23 | CIDARA THERAPEUTICS INC | 171757206 | 462,811 | $22.5M | 1.49% |
| 24 | EVOLUS INC | EOLS | 2,119,000 | $19.5M | 1.29% |
| 25 | HUMANA INC | HUM | 79,600 | $19.5M | 1.29% |
| 26 | VERACYTE INC | VCYT | 715,439 | $19.3M | 1.28% |
| 27 | INTEGRA LIFESCIENCES HLDGS C | IART | 1,387,818 | $17.0M | 1.13% |
| 28 | AXOGEN INC | AXGN | 1,459,395 | $15.8M | 1.05% |
| 29 | MIRUM PHARMACEUTICALS INC | MIRM | 298,696 | $15.2M | 1.01% |
| 30 | ASCENDIS PHARMA A/S | ASND | 85,000 | $14.7M | 0.97% |
| 31 | INSPIRE MED SYS INC | 457730109 | 109,000 | $14.1M | 0.94% |
| 32 | TWIST BIOSCIENCE CORP | TWST | 354,401 | $13.0M | 0.86% |
| 33 | PHARVARIS N V | PHVS | 732,968 | $12.9M | 0.85% |
| 34 | INHIBIKASE THERAPEUTICS INC | IKT | 6,325,000 | $12.3M | 0.82% |
| 35 | RIGEL PHARMACEUTICALS INC | RIGL | 658,145 | $12.3M | 0.82% |
| 36 | EDAP TMS S A | EDAP | 7,309,254 | $12.1M | 0.80% |
| 37 | THERATECHNOLOGIES INC | 88338H704 | 4,801,376 | $11.3M | 0.75% |
| 38 | SYNDAX PHARMACEUTICALS INC | SNDX | 1,092,110 | $10.2M | 0.68% |
| 39 | C4 THERAPEUTICS INC | CCCC | 6,978,942 | $10.0M | 0.66% |
| 40 | ENOVIS CORPORATION | ENOV | 315,000 | $9.9M | 0.65% |
| 41 | NUVALENT INC | NUVL | 125,000 | $9.5M | 0.63% |
| 42 | ESTABLISHMENT LABS HLDGS INC | ESTA | 211,900 | $9.1M | 0.60% |
| 43 | JASPER THERAPEUTICS INC | JSPRW | 1,494,420 | $8.3M | 0.55% |
| 44 | ARCELLX INC | ACLX | 123,031 | $8.1M | 0.54% |
| 45 | JADE BIOSCIENCES INC | JBIO | 796,744 | $8.0M | 0.53% |
| 46 | INSMED INC | INSM | 72,772 | $7.3M | 0.48% |
| 47 | ANAPTYSBIO INC | ANABV | 321,040 | $7.1M | 0.47% |
| 48 | KINIKSA PHARMACEUTICALS INTL | G52694109 | 254,689 | $7.0M | 0.47% |
| 49 | SIONNA THERAPEUTICS INC | SION | 376,000 | $6.5M | 0.43% |
| 50 | CRESCENT BIOPHARMA INC. | CBIO | 400,000 | $6.5M | 0.43% |
| 51 | IOVANCE BIOTHERAPEUTICS INC | IOVA | 3,261,707 | $5.6M | 0.37% |
| 52 | IDEAYA BIOSCIENCES INC | IDYA | 250,000 | $5.3M | 0.35% |
| 53 | IMMUNIC INC | IMUX | 7,293,007 | $5.1M | 0.34% |
| 54 | QUIDELORTHO CORP | QDEL | 174,000 | $5.0M | 0.33% |
| 55 | SCHOLAR ROCK HLDG CORP | SRRK | 125,000 | $4.4M | 0.29% |
| 56 | INSPIREMD INC | NSPR | 1,886,207 | $4.3M | 0.28% |
| 57 | ETON PHARMACEUTICALS INC | ETON | 285,000 | $4.1M | 0.27% |
| 58 | CG ONCOLOGY INC | CGON | 155,000 | $4.0M | 0.27% |
| 59 | VERASTEM INC | VSTM | 935,909 | $3.9M | 0.26% |
| 60 | ESSA PHARMA INC | 29668H708 | 2,262,026 | $3.8M | 0.25% |
| 61 | AKERO THERAPEUTICS INC | 00973Y108 | 72,000 | $3.8M | 0.25% |
| 62 | TREVI THERAPEUTICS INC | TRVI | 700,000 | $3.8M | 0.25% |
| 63 | TANGO THERAPEUTICS INC | TNGX | 730,000 | $3.7M | 0.25% |
| 64 | TANDEM DIABETES CARE INC | TNDM | 200,000 | $3.7M | 0.25% |
| 65 | GENEDX HOLDINGS CORP | WGSWW | 40,000 | $3.7M | 0.24% |
| 66 | ANI PHARMACEUTICALS INC | ANIP | 50,743 | $3.3M | 0.22% |
| 67 | MURAL ONCOLOGY PUB LTD CO | G63365103 | 1,323,877 | $3.3M | 0.22% |
| 68 | ADMA BIOLOGICS INC | ADMA | 175,000 | $3.2M | 0.21% |
| 69 | CYTOMX THERAPEUTICS INC | CTMX | 1,304,300 | $3.0M | 0.20% |
| 70 | ORTHOFIX MED INC | OFIX | 261,147 | $2.9M | 0.19% |
| 71 | ERASCA INC | ERAS | 2,162,162 | $2.7M | 0.18% |
| 72 | DENALI THERAPEUTICS INC | DNLI | 182,110 | $2.5M | 0.17% |
| 73 | XENON PHARMACEUTICALS INC | XENE | 78,800 | $2.5M | 0.16% |
| 74 | MADRIGAL PHARMACEUTICALS INC | MDGL | 8,000 | $2.4M | 0.16% |
| 75 | VERICEL CORP | VCEL | 50,953 | $2.2M | 0.14% |
| 76 | MERUS N V | N5749R100 | 40,000 | $2.1M | 0.14% |
| 77 | THE BEAUTY HEALTH COMPANY | 88331L108 | 1,000,000 | $1.9M | 0.13% |
| 78 | MEREO BIOPHARMA GROUP PLC | MREO | 599,711 | $1.6M | 0.11% |
| 79 | Y-MABS THERAPEUTICS INC | 984241109 | 349,982 | $1.6M | 0.10% |
| 80 | TECTONIC THERAPEUTIC INC | TECX | 76,841 | $1.5M | 0.10% |
| 81 | MYOMO INC | MYO | 704,275 | $1.5M | 0.10% |
| 82 | CALCIMEDICA INC | CALC | 783,904 | $1.3M | 0.08% |
| 83 | EDGEWISE THERAPEUTICS INC | EWTX | 76,493 | $1.0M | 0.07% |
| 84 | ORTHOPEDIATRICS CORP | KIDS | 45,000 | $966,600 | 0.06% |
| 85 | ABIVAX SA | AAVXF | 125,000 | $956,250 | 0.06% |
| 86 | CERIBELL INC | CBLL | 50,000 | $936,500 | 0.06% |
| 87 | SOLENO THERAPEUTICS INC | SLNO | 10,000 | $837,800 | 0.06% |
| 88 | SEPTERNA INC | SEPN | 75,456 | $797,570 | 0.05% |
| 89 | BICYCLE THERAPEUTICS PLC | BCYC | 100,000 | $695,000 | 0.05% |
| 90 | ADVERUM BIOTECHNOLOGIES INC | 00773U207 | 287,246 | $617,579 | 0.04% |
| 91 | REVOLUTION MEDICINES INC | RVMDW | 10,000 | $367,900 | 0.02% |
| 92 | DELCATH SYS INC | DCTH | 25,000 | $340,000 | 0.02% |
| 93 | IO BIOTECH INC | IOBT | 192,670 | $267,811 | 0.02% |
| 94 | AXSOME THERAPEUTICS INC | AXSM | 2,000 | $208,780 | 0.01% |
| 95 | ADAPTIVE BIOTECHNOLOGIES COR | ADTI | 10,000 | $116,500 | 0.01% |