13F HOLDINGS REPORT
ADAR1 Capital Management, LLC
Quarter ended Q1 2025 · Filed May 15, 2025 · Accession 0001940272-25-000003
Total Value
$538.7M
Positions
202
Other Managers
0
Confidential Omitted
No
Holdings (202)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | PROTAGONIST THERAPEUTICS INC | PTGX | 939,669 | $45.4M | 8.44% |
| 2 | EA SERIES TRUST | 02072L565 | 337,125 | $37.6M | 6.98% |
| 3 | ROIVANT SCIENCES LTD | ROIV | 3,483,404 | $35.1M | 6.52% |
| 4 | ZAI LAB LTD | ZLAB | 940,858 | $34.0M | 6.31% |
| 5 | IMMUNOVANT INC | IMVT | 968,866 | $16.6M | 3.07% |
| 6 | CYTOKINETICS INC | CYTK | 390,729 | $15.7M | 2.92% |
| 7 | KEROS THERAPEUTICS INC | KROS | 1,486,461 | $15.1M | 2.81% |
| 8 | ABIVAX SA | AAVXF | 2,210,019 | $13.8M | 2.56% |
| 9 | SPDR SER TR | 78468R663 | 135,585 | $12.4M | 2.31% |
| 10 | BRIDGEBIO PHARMA INC | BBIO | 339,635 | $11.7M | 2.18% |
| 11 | INHIBIKASE THERAPEUTICS INC | IKT | 5,122,105 | $11.2M | 2.08% |
| 12 | SPRINGWORKS THERAPEUTICS INC | 85205L107 | 207,778 | $9.2M | 1.70% |
| 13 | ISHARES TR | 464287457 | 103,337 | $8.5M | 1.59% |
| 14 | TEVA PHARMACEUTICAL INDS LTD | 881624209 | 523,767 | $8.1M | 1.49% |
| 15 | SAREPTA THERAPEUTICS INC | SRPT | 122,921 | $7.8M | 1.46% |
| 16 | PERCEPTIVE CAP SOLUTIONS COR | G70077105 | 750,000 | $7.7M | 1.43% |
| 17 | CG ONCOLOGY INC | CGON | 301,134 | $7.4M | 1.37% |
| 18 | RAPT THERAPEUTICS INC | 75382E109 | 5,970,768 | $7.3M | 1.35% |
| 19 | JANUX THERAPEUTICS INC | JANX | 264,900 | $7.2M | 1.33% |
| 20 | ARBUTUS BIOPHARMA CORP | ABUS | 1,879,114 | $6.6M | 1.22% |
| 21 | INTRA-CELLULAR THERAPIES INC | 46116X101 | 48,044 | $6.3M | 1.18% |
| 22 | REVOLUTION MEDICINES INC | RVMDW | 177,136 | $6.3M | 1.16% |
| 23 | ANTERIS TECHNOLOGIES GLOBAL | AVR | 1,678,063 | $6.1M | 1.13% |
| 24 | AA MISSION ACQUISITION CORP | YCY-WT | 578,359 | $6.0M | 1.12% |
| 25 | SAGE THERAPEUTICS INC | 78667J108 | 742,495 | $5.9M | 1.10% |
| 26 | 89BIO INC | 282559103 | 804,220 | $5.8M | 1.09% |
| 27 | NOVARTIS AG | NVSEF | 50,000 | $5.6M | 1.03% |
| 28 | COHERUS BIOSCIENCES INC | 19249HAB9 | 5,625,000 | $5.5M | 1.02% |
| 29 | OAKTREE ACQUISITION CORP III | OACCW | 516,482 | $5.4M | 1.00% |
| 30 | HELIX ACQUISITION CORP II | HLXC | 469,729 | $5.3M | 0.99% |
| 31 | AMYLYX PHARMACEUTICALS INC | AMLX | 1,471,587 | $5.2M | 0.97% |
| 32 | SCHOLAR ROCK HLDG CORP | SRRK | 157,079 | $5.1M | 0.94% |
| 33 | XENON PHARMACEUTICALS INC | XENE | 127,548 | $4.3M | 0.79% |
| 34 | XENCOR INC | XNCR | 398,152 | $4.2M | 0.79% |
| 35 | MINERALYS THERAPEUTICS INC | MLYS | 263,425 | $4.2M | 0.78% |
| 36 | SEPTERNA INC | SEPN | 720,848 | $4.2M | 0.77% |
| 37 | JANUX THERAPEUTICS INC | JANX | 153,767 | $4.2M | 0.77% |
| 38 | BRIDGEBIO PHARMA INC | BBIO | 4,500,000 | $4.0M | 0.75% |
| 39 | APOGEE THERAPEUTICS INC | APGE | 104,853 | $3.9M | 0.73% |
| 40 | SAVARA INC | SVRA | 1,360,291 | $3.8M | 0.70% |
| 41 | MONOPAR THERAPEUTICS INC | MNPR | 100,774 | $3.7M | 0.68% |
| 42 | AEROVATE THERAPEUTICS INC | 008064107 | 1,461,234 | $3.7M | 0.68% |
| 43 | BIOAGE LABS INC | BIOA | 971,100 | $3.7M | 0.68% |
| 44 | ZURA BIO LTD | ZURA | 2,801,184 | $3.6M | 0.67% |
| 45 | SOLENO THERAPEUTICS INC | SLNO | 50,000 | $3.6M | 0.66% |
| 46 | ASTRIA THERAPEUTICS INC | 04635X102 | 641,690 | $3.4M | 0.64% |
| 47 | REZOLUTE INC | RZLT | 1,116,047 | $3.2M | 0.60% |
| 48 | CENTESSA PHARMACEUTICALS PLC | CNTA | 216,166 | $3.1M | 0.58% |
| 49 | AKERO THERAPEUTICS INC | 00973Y108 | 71,143 | $2.9M | 0.53% |
| 50 | MERUS N V | N5749R100 | 66,960 | $2.8M | 0.52% |
| 51 | BRIDGEBIO PHARMA INC | BBIO | 2,666,627 | $2.7M | 0.51% |
| 52 | PTC THERAPEUTICS INC | PTCT | 50,023 | $2.5M | 0.47% |
| 53 | REGENXBIO INC | RGNX | 350,352 | $2.5M | 0.47% |
| 54 | ARDELYX INC | ARDX | 490,743 | $2.4M | 0.45% |
| 55 | BRIDGEBIO PHARMA INC | BBIO | 2,000,000 | $2.3M | 0.42% |
| 56 | DYNAVAX TECHNOLOGIES CORP | 268158201 | 170,000 | $2.2M | 0.41% |
| 57 | ARVINAS INC | ARVN | 313,354 | $2.2M | 0.41% |
| 58 | A SPAC III ACQUISITION CORP | G0544A103 | 215,000 | $2.2M | 0.40% |
| 59 | RHYTHM PHARMACEUTICALS INC | RYTM | 36,890 | $2.0M | 0.36% |
| 60 | SUMMIT THERAPEUTICS INC | SMMT | 100,000 | $1.9M | 0.36% |
| 61 | DELCATH SYS INC | DCTH | 149,385 | $1.9M | 0.35% |
| 62 | CRINETICS PHARMACEUTICALS IN | CRNX | 53,125 | $1.8M | 0.33% |
| 63 | KALA BIO INC | KALA | 298,955 | $1.7M | 0.32% |
| 64 | VIR BIOTECHNOLOGY INC | VIR | 250,000 | $1.6M | 0.30% |
| 65 | ROCKET PHARMACEUTICALS INC | RCKTW | 241,800 | $1.6M | 0.30% |
| 66 | TAYSHA GENE THERAPIES INC | TSHA | 1,066,309 | $1.5M | 0.28% |
| 67 | VIKING THERAPEUTICS INC | VKTX | 59,413 | $1.4M | 0.27% |
| 68 | FULCRUM THERAPEUTICS INC | FULC | 490,532 | $1.4M | 0.26% |
| 69 | CARGO THERAPEUTICS INC | 14179K101 | 341,515 | $1.4M | 0.26% |
| 70 | ORUKA THERAPEUTICS INC | ORKA | 132,780 | $1.4M | 0.25% |
| 71 | SOLENO THERAPEUTICS INC | SLNO | 18,830 | $1.3M | 0.25% |
| 72 | VERONA PHARMA PLC | 925050106 | 20,000 | $1.3M | 0.24% |
| 73 | CHECKPOINT THERAPEUTICS INC | 162828206 | 305,800 | $1.2M | 0.23% |
| 74 | ALDEYRA THERAPEUTICS INC | ALDX | 211,579 | $1.2M | 0.23% |
| 75 | KORRO BIO INC | KRRO | 68,715 | $1.2M | 0.22% |
| 76 | CONTINEUM THERAPEUTICS INC | CTNM | 168,765 | $1.2M | 0.22% |
| 77 | TECTONIC THERAPEUTIC INC | TECX | 62,603 | $1.1M | 0.21% |
| 78 | VIRIDIAN THERAPEUTICS INC | VRDN | 79,000 | $1.1M | 0.20% |
| 79 | VISTAGEN THERAPEUTICS INC | VTGN | 420,765 | $1.1M | 0.20% |
| 80 | PFIZER INC | PFE | 41,050 | $1.0M | 0.19% |
| 81 | ARES ACQUISITION CORP II | G33033104 | 90,466 | $1.0M | 0.19% |
| 82 | SURGERY PARTNERS INC | SGRY | 40,000 | $950,000 | 0.18% |
| 83 | KINIKSA PHARMACEUTICALS INTL | G52694109 | 41,412 | $919,761 | 0.17% |
| 84 | ARCELLX INC | ACLX | 13,962 | $915,907 | 0.17% |
| 85 | REGENERON PHARMACEUTICALS | REGN | 1,361 | $863,187 | 0.16% |
| 86 | KEEN VISION ACQUISITION CORP | KVACW | 75,000 | $841,500 | 0.16% |
| 87 | AGIOS PHARMACEUTICALS INC | AGIO | 27,900 | $817,470 | 0.15% |
| 88 | GRACE THERAPEUTICS INC | GRCE | 343,512 | $783,207 | 0.15% |
| 89 | KEZAR LIFE SCIENCES INC | KZR | 147,404 | $719,332 | 0.13% |
| 90 | ARROWHEAD PHARMACEUTICALS IN | ARWR | 56,300 | $717,262 | 0.13% |
| 91 | SPRINGWORKS THERAPEUTICS INC | 85205L107 | 15,000 | $661,950 | 0.12% |
| 92 | STRUCTURE THERAPEUTICS INC | GPCR | 35,619 | $616,565 | 0.11% |
| 93 | BIOGEN INC | BIIB | 4,500 | $615,780 | 0.11% |
| 94 | ITEOS THERAPEUTICS INC | 46565G104 | 101,096 | $603,543 | 0.11% |
| 95 | NATERA INC | NTRA | 4,250 | $600,992 | 0.11% |
| 96 | ZYMEWORKS INC | ZYME | 50,000 | $595,500 | 0.11% |
| 97 | LEXEO THERAPEUTICS INC | LXEO | 170,448 | $591,455 | 0.11% |
| 98 | KIORA PHARMACEUTICALS INC | KPHMW | 194,665 | $585,942 | 0.11% |
| 99 | SPERO THERAPEUTICS INC | SPRO | 801,277 | $576,919 | 0.11% |
| 100 | BIOHAVEN LTD | BHVN | 22,641 | $544,290 | 0.10% |
| 101 | PROTARA THERAPEUTICS INC | TARA | 122,690 | $522,659 | 0.10% |
| 102 | WISDOMTREE TR | WT | 10,000 | $503,300 | 0.09% |
| 103 | AGRICULTURE & NAT SOL ACQ CO | G0131Y100 | 47,062 | $502,062 | 0.09% |
| 104 | ELI LILLY & CO | LLY | 600 | $495,546 | 0.09% |
| 105 | MADRIGAL PHARMACEUTICALS INC | MDGL | 1,490 | $493,533 | 0.09% |
| 106 | VAXCYTE INC | PCVX | 12,800 | $483,328 | 0.09% |
| 107 | RENOVORX INC | RNXT | 479,883 | $475,084 | 0.09% |
| 108 | ALECTOR INC | ALEC | 380,330 | $467,806 | 0.09% |
| 109 | INSMED INC | INSM | 6,074 | $463,385 | 0.09% |
| 110 | BIONTECH SE | BNTX | 5,000 | $455,300 | 0.08% |
| 111 | CIDARA THERAPEUTICS INC | 171757206 | 20,938 | $451,005 | 0.08% |
| 112 | TENAX THERAPEUTICS INC | TENX | 68,741 | $450,254 | 0.08% |
| 113 | EDGEWISE THERAPEUTICS INC | EWTX | 20,000 | $440,000 | 0.08% |
| 114 | NABORS ENERGY TRANSITION COR | G6363K106 | 39,900 | $436,905 | 0.08% |
| 115 | GERON CORP | GERN | 266,176 | $423,220 | 0.08% |
| 116 | INSTIL BIO INC | TIL | 24,328 | $422,334 | 0.08% |
| 117 | KALVISTA PHARMACEUTICALS INC | KALV | 35,743 | $412,474 | 0.08% |
| 118 | APELLIS PHARMACEUTICALS INC | APLS | 17,000 | $371,790 | 0.07% |
| 119 | ARGENX SE | ARGX | 600 | $355,119 | 0.07% |
| 120 | THIRD HARMONIC BIO INC | 88427A107 | 100,000 | $347,000 | 0.06% |
| 121 | INTUITIVE SURGICAL INC | ISRG | 700 | $346,689 | 0.06% |
| 122 | BIOMARIN PHARMACEUTICAL INC | BMRN | 4,900 | $346,381 | 0.06% |
| 123 | DIANTHUS THERAPEUTICS INC | DNTH | 18,285 | $331,690 | 0.06% |
| 124 | NEUROGENE INC | NGNE | 27,925 | $327,002 | 0.06% |
| 125 | ESTABLISHMENT LABS HLDGS INC | ESTA | 8,000 | $326,440 | 0.06% |
| 126 | VENTYX BIOSCIENCES INC | 92332V107 | 281,600 | $323,840 | 0.06% |
| 127 | JVSPAC ACQUISITION CORP | G5212E105 | 30,000 | $321,600 | 0.06% |
| 128 | DYNE THERAPEUTICS INC | DYN | 30,099 | $314,836 | 0.06% |
| 129 | OMNIAB INC | OABIW | 126,108 | $302,659 | 0.06% |
| 130 | NORDSTROM INC | 655664100 | 12,000 | $293,400 | 0.05% |
| 131 | KYMERA THERAPEUTICS INC | KYMR | 10,000 | $273,700 | 0.05% |
| 132 | PHATHOM PHARMACEUTICALS INC | PHAT | 42,800 | $268,356 | 0.05% |
| 133 | CELLDEX THERAPEUTICS INC NEW | CLDX | 14,600 | $264,990 | 0.05% |
| 134 | IRON HORSE ACQUISITIONS CORP | UCFIW | 25,000 | $262,000 | 0.05% |
| 135 | VOYAGER THERAPEUTICS INC | VYGR | 75,545 | $255,342 | 0.05% |
| 136 | NURIX THERAPEUTICS INC | NRIX | 21,200 | $251,856 | 0.05% |
| 137 | GOSSAMER BIO INC | GOSS | 227,228 | $249,951 | 0.05% |
| 138 | THERAPEUTICSMD INC | TXMD | 270,160 | $249,898 | 0.05% |
| 139 | SPYRE THERAPEUTICS INC | SYRE | 15,033 | $242,557 | 0.05% |
| 140 | DAY ONE BIOPHARMACEUTICALS I | DAWN | 28,023 | $222,222 | 0.04% |
| 141 | ASCENDIS PHARMA A/S | ASND | 1,402 | $218,516 | 0.04% |
| 142 | POLYPID LTD | PYPD | 80,080 | $217,017 | 0.04% |
| 143 | EXACT SCIENCES CORP | 30063P105 | 5,000 | $216,450 | 0.04% |
| 144 | CONTEXT THERAPEUTICS INC | CNTX | 351,094 | $214,870 | 0.04% |
| 145 | MOONLAKE IMMUNOTHERAPEUTICS | MLTX | 5,424 | $211,916 | 0.04% |
| 146 | STOKE THERAPEUTICS INC | STOK | 30,085 | $200,065 | 0.04% |
| 147 | COLOMBIER ACQUISITION CORP I | CLBR-WT | 18,513 | $197,163 | 0.04% |
| 148 | QUINCE THERAPEUTICS INC | QNCX | 142,958 | $190,134 | 0.04% |
| 149 | DENALI THERAPEUTICS INC | DNLI | 13,873 | $188,603 | 0.04% |
| 150 | WAVE LIFE SCIENCES LTD | WVE | 23,100 | $186,648 | 0.03% |
| 151 | BIOMX INC | PHGE | 299,598 | $166,487 | 0.03% |
| 152 | KURA ONCOLOGY INC | KURA | 25,000 | $165,000 | 0.03% |
| 153 | ACUMEN PHARMACEUTICALS INC | ABOS | 146,183 | $160,801 | 0.03% |
| 154 | ORGANON & CO | OGN | 10,000 | $148,900 | 0.03% |
| 155 | CLIMB BIO INC | CLYM | 119,320 | $145,570 | 0.03% |
| 156 | ANAVEX LIFE SCIENCES CORP | AVXL | 16,221 | $139,176 | 0.03% |
| 157 | IMMUNOME INC | IMNM | 20,000 | $134,600 | 0.02% |
| 158 | SOLID BIOSCIENCES INC | SLDB | 34,479 | $127,572 | 0.02% |
| 159 | SPRUCE BIOSCIENCES INC | SPRB | 403,716 | $117,118 | 0.02% |
| 160 | ACHIEVE LIFE SCIENCES INC | ACHV | 43,173 | $115,272 | 0.02% |
| 161 | VYNE THERAPEUTICS INC | VYNE | 70,419 | $111,262 | 0.02% |
| 162 | PMV PHARMACEUTICALS INC | PMVP | 101,008 | $110,099 | 0.02% |
| 163 | ENGENE HOLDINGS INC | ENGNW | 23,799 | $106,620 | 0.02% |
| 164 | ALGONQUIN PWR UTILS CORP | 015857105 | 20,000 | $102,800 | 0.02% |
| 165 | CASI PHARMACEUTICALS INC | CASIF | 47,420 | $102,427 | 0.02% |
| 166 | CLOVER HEALTH INVESTMENTS CO | CLOV | 28,300 | $101,597 | 0.02% |
| 167 | BOLT BIOTHERAPEUTICS INC | BOLT | 244,966 | $97,986 | 0.02% |
| 168 | SHATTUCK LABS INC | STTK | 102,156 | $97,058 | 0.02% |
| 169 | UPSTREAM BIO INC | UPB | 15,000 | $91,800 | 0.02% |
| 170 | AVALO THERAPEUTICS INC | AVTX | 10,000 | $80,100 | 0.01% |
| 171 | INOZYME PHARMA INC | 45790W108 | 87,799 | $79,897 | 0.01% |
| 172 | RECURSION PHARMACEUTICALS IN | RXRX | 15,000 | $79,350 | 0.01% |
| 173 | BIOCRYST PHARMACEUTICALS INC | BCRX | 10,000 | $75,000 | 0.01% |
| 174 | LYRA THERAPEUTICS INC | LYRA | 533,200 | $67,343 | 0.01% |
| 175 | PHATHOM PHARMACEUTICALS INC | PHAT | 10,100 | $63,327 | 0.01% |
| 176 | ADAGIO MED HLDGS INC | 00534B100 | 76,757 | $61,782 | 0.01% |
| 177 | NEXTCURE INC | NXTC | 120,012 | $57,642 | 0.01% |
| 178 | TANGO THERAPEUTICS INC | TNGX | 41,346 | $56,644 | 0.01% |
| 179 | ELEDON PHARMACEUTICALS INC | ELDN | 16,600 | $56,274 | 0.01% |
| 180 | SILENCE THERAPEUTICS PLC | SLNCF | 18,643 | $52,573 | 0.01% |
| 181 | IOVANCE BIOTHERAPEUTICS INC | IOVA | 15,700 | $52,281 | 0.01% |
| 182 | NEKTAR THERAPEUTICS | NKTR | 67,754 | $46,073 | 0.01% |
| 183 | ONKURE THERAPEUTICS INC | OKUR | 10,000 | $43,000 | 0.01% |
| 184 | OVID THERAPEUTICS INC | OVID | 115,867 | $36,139 | 0.01% |
| 185 | MOVANO INC | 62459M206 | 19,146 | $35,037 | 0.01% |
| 186 | LEAP THERAPEUTICS INC | CYPH | 111,000 | $33,866 | 0.01% |
| 187 | AA MISSION ACQUISITION CORP | YCY-WT | 505,099 | $33,589 | 0.01% |
| 188 | CYTOMX THERAPEUTICS INC | CTMX | 47,036 | $29,905 | 0.01% |
| 189 | A SPAC III ACQUISITION CORP | G0544A145 | 215,000 | $29,799 | 0.01% |
| 190 | XILIO THERAPEUTICS INC | XLO | 40,000 | $28,976 | 0.01% |
| 191 | PEPGEN INC | PEPG | 20,352 | $28,595 | 0.01% |
| 192 | PROQR THRAPEUTICS N V | N71542109 | 20,394 | $27,124 | 0.01% |
| 193 | NEUMORA THERAPEUTICS INC. | NMRA | 26,108 | $26,108 | 0.00% |
| 194 | MEREO BIOPHARMA GROUP PLC | MREO | 10,000 | $22,500 | 0.00% |
| 195 | CELLECTAR BIOSCIENCES INC | CLRB | 40,228 | $12,684 | 0.00% |
| 196 | RALLYBIO CORP | RLYB | 13,400 | $8,770 | 0.00% |
| 197 | JVSPAC ACQUISITION CORP | G5212E113 | 30,000 | $8,400 | 0.00% |
| 198 | IRON HORSE ACQUISITIONS CORP | 462837121 | 25,000 | $7,500 | 0.00% |
| 199 | CONNECT BIOPHARMA HLDGS LTD | CNTB | 10,300 | $5,665 | 0.00% |
| 200 | EMBRACE CHANGE ACQUISITN COR | G3034H141 | 13,144 | $2,366 | 0.00% |
| 201 | IRON HORSE ACQUISITIONS CORP | UCFIW | 25,000 | $800 | 0.00% |
| 202 | EMBRACE CHANGE ACQUISITN COR | EMCWF | 18,000 | $695 | 0.00% |