13F HOLDINGS REPORT
PSP Research LLC
Quarter ended Q4 2025 · Filed February 6, 2026 · Accession 0001951757-26-000380
Total Value
$114.4M
Positions
85
Other Managers
0
Confidential Omitted
No
Holdings (85)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | ISHARES TR | 46436E718 | 700,000 | $70.3M | 61.41% |
| 2 | PRAXIS PRECISION MEDICINES I | PRAX | 1,982 | $584,175 | 0.51% |
| 3 | TRAVERE THERAPEUTICS INC | TVTX | 15,272 | $583,543 | 0.51% |
| 4 | TYRA BIOSCIENCES INC | TYRA | 21,853 | $574,515 | 0.50% |
| 5 | PHARVARIS N V | PHVS | 20,511 | $569,180 | 0.50% |
| 6 | JAZZ PHARMACEUTICALS PLC | JAZZ | 3,258 | $553,860 | 0.48% |
| 7 | CELLDEX THERAPEUTICS INC NEW | CLDX | 20,368 | $553,195 | 0.48% |
| 8 | CG ONCOLOGY INC | CGON | 13,293 | $551,925 | 0.48% |
| 9 | BELITE BIO INC | BLTE | 3,443 | $550,742 | 0.48% |
| 10 | ASCENDIS PHARMA A/S | ASND | 2,579 | $549,946 | 0.48% |
| 11 | APELLIS PHARMACEUTICALS INC | APLS | 21,866 | $549,274 | 0.48% |
| 12 | TERNS PHARMACEUTICALS INC | TERN | 13,560 | $547,824 | 0.48% |
| 13 | REVOLUTION MEDICINES INC | RVMDW | 6,872 | $547,355 | 0.48% |
| 14 | CENTESSA PHARMACEUTICALS PLC | CNTA | 21,879 | $547,194 | 0.48% |
| 15 | BRIDGEBIO PHARMA INC | BBIO | 7,140 | $546,139 | 0.48% |
| 16 | NURIX THERAPEUTICS INC | NRIX | 28,713 | $544,686 | 0.48% |
| 17 | ARCUTIS BIOTHERAPEUTICS INC | ARQT | 18,716 | $543,513 | 0.48% |
| 18 | KODIAK SCIENCES INC | KOD | 19,418 | $542,927 | 0.47% |
| 19 | IMMUNOME INC | IMNM | 25,245 | $542,263 | 0.47% |
| 20 | AURINIA PHARMACEUTICALS INC | AUPH | 33,953 | $541,550 | 0.47% |
| 21 | MIRUM PHARMACEUTICALS INC | MIRM | 6,854 | $541,397 | 0.47% |
| 22 | HALOZYME THERAPEUTICS INC | HALO | 8,026 | $540,150 | 0.47% |
| 23 | EYEPOINT INC | EYPT | 29,530 | $539,513 | 0.47% |
| 24 | ALKERMES PLC | ALKS | 19,280 | $539,454 | 0.47% |
| 25 | IONIS PHARMACEUTICALS INC | IONS | 6,800 | $537,948 | 0.47% |
| 26 | MINERALYS THERAPEUTICS INC | MLYS | 14,818 | $537,745 | 0.47% |
| 27 | ARCELLX INC | ACLX | 8,224 | $536,205 | 0.47% |
| 28 | PTC THERAPEUTICS INC | PTCT | 7,046 | $535,214 | 0.47% |
| 29 | ZYMEWORKS INC | ZYME | 20,312 | $534,815 | 0.47% |
| 30 | SUPERNUS PHARMACEUTICALS INC | SUPN | 10,758 | $534,673 | 0.47% |
| 31 | PROTAGONIST THERAPEUTICS INC | PTGX | 6,121 | $534,608 | 0.47% |
| 32 | HARMONY BIOSCIENCES HLDGS IN | HRMY | 14,283 | $534,470 | 0.47% |
| 33 | ROIVANT SCIENCES LTD | ROIV | 24,621 | $534,276 | 0.47% |
| 34 | ROYALTY PHARMA PLC | RPRX | 13,826 | $534,237 | 0.47% |
| 35 | AMYLYX PHARMACEUTICALS INC | AMLX | 44,223 | $534,214 | 0.47% |
| 36 | LIQUIDIA CORPORATION | LQDA | 15,485 | $534,078 | 0.47% |
| 37 | TARSUS PHARMACEUTICALS INC | TARS | 6,519 | $533,776 | 0.47% |
| 38 | PALVELLA THERAPEUTICS INC NE | PVLA | 5,084 | $532,142 | 0.47% |
| 39 | RAPPORT THERAPEUTICS INC | RAPP | 17,506 | $531,132 | 0.46% |
| 40 | TG THERAPEUTICS INC | TGTX | 17,807 | $530,827 | 0.46% |
| 41 | INSMED INC | INSM | 3,049 | $530,648 | 0.46% |
| 42 | LEGEND BIOTECH CORP | LEGN | 24,397 | $530,391 | 0.46% |
| 43 | ARGENX SE | ARGX | 630 | $529,799 | 0.46% |
| 44 | NEUROCRINE BIOSCIENCES INC | NBIX | 3,734 | $529,593 | 0.46% |
| 45 | NUVALENT INC | NUVL | 5,261 | $529,204 | 0.46% |
| 46 | INCYTE CORP | INCY | 5,350 | $528,420 | 0.46% |
| 47 | CYTOKINETICS INC | CYTK | 8,313 | $528,208 | 0.46% |
| 48 | VIRIDIAN THERAPEUTICS INC | VRDN | 16,967 | $528,013 | 0.46% |
| 49 | ACADIA PHARMACEUTICALS INC | ACAD | 19,766 | $527,950 | 0.46% |
| 50 | WAVE LIFE SCIENCES LTD | WVE | 31,040 | $527,680 | 0.46% |
| 51 | STOKE THERAPEUTICS INC | STOK | 16,621 | $527,551 | 0.46% |
| 52 | APOGEE THERAPEUTICS INC | APGE | 6,984 | $527,152 | 0.46% |
| 53 | CRINETICS PHARMACEUTICALS IN | CRNX | 11,316 | $526,760 | 0.46% |
| 54 | UNITED THERAPEUTICS CORP DEL | UTHR | 1,080 | $526,230 | 0.46% |
| 55 | MAZE THERAPEUTICS INC | MAZE | 12,672 | $525,001 | 0.46% |
| 56 | DIANTHUS THERAPEUTICS INC | DNTH | 12,725 | $524,397 | 0.46% |
| 57 | DENALI THERAPEUTICS INC | DNLI | 31,762 | $524,391 | 0.46% |
| 58 | ALNYLAM PHARMACEUTICALS INC | ALNY | 1,318 | $524,103 | 0.46% |
| 59 | EXELIXIS INC | EXEL | 11,948 | $523,681 | 0.46% |
| 60 | XENON PHARMACEUTICALS INC | XENE | 11,678 | $523,408 | 0.46% |
| 61 | NEWAMSTERDAM PHARMA COMPANY | NAMSW | 14,920 | $523,394 | 0.46% |
| 62 | CELCUITY INC | CELC | 5,244 | $523,037 | 0.46% |
| 63 | KINIKSA PHARMACEUTICALS INTL | G52694109 | 12,655 | $522,019 | 0.46% |
| 64 | BIOMARIN PHARMACEUTICAL INC | BMRN | 8,772 | $521,320 | 0.46% |
| 65 | OCULAR THERAPEUTIX INC | OCUL | 42,853 | $520,235 | 0.45% |
| 66 | MADRIGAL PHARMACEUTICALS INC | MDGL | 892 | $519,447 | 0.45% |
| 67 | SYNDAX PHARMACEUTICALS INC | SNDX | 24,716 | $519,283 | 0.45% |
| 68 | SPYRE THERAPEUTICS INC | SYRE | 15,840 | $518,918 | 0.45% |
| 69 | VIKING THERAPEUTICS INC | VKTX | 14,714 | $517,639 | 0.45% |
| 70 | IMMUNOVANT INC | IMVT | 20,305 | $516,153 | 0.45% |
| 71 | BEAM THERAPEUTICS INC | BEAM | 18,334 | $508,218 | 0.44% |
| 72 | RHYTHM PHARMACEUTICALS INC | RYTM | 4,738 | $507,156 | 0.44% |
| 73 | VERA THERAPEUTICS INC | VERA | 9,996 | $506,197 | 0.44% |
| 74 | INHIBRX BIOSCIENCES INC | INBX | 6,389 | $504,731 | 0.44% |
| 75 | CRISPR THERAPEUTICS AG | CRSP | 9,580 | $502,375 | 0.44% |
| 76 | IMMUNOCORE HLDGS PLC | IMCR | 14,424 | $500,657 | 0.44% |
| 77 | KYMERA THERAPEUTICS INC | KYMR | 6,348 | $493,938 | 0.43% |
| 78 | UPSTREAM BIO INC | UPB | 17,634 | $478,763 | 0.42% |
| 79 | OLEMA PHARMACEUTICALS INC | OLMA | 19,063 | $476,575 | 0.42% |
| 80 | COGENT BIOSCIENCES INC | COGT | 13,233 | $470,036 | 0.41% |
| 81 | STRUCTURE THERAPEUTICS INC | GPCR | 6,719 | $467,306 | 0.41% |
| 82 | MIND MEDICINE MINDMED INC | 60255C885 | 34,841 | $466,521 | 0.41% |
| 83 | ARROWHEAD PHARMACEUTICALS IN | ARWR | 6,689 | $444,083 | 0.39% |
| 84 | ALUMIS INC | ALMS | 43,769 | $427,185 | 0.37% |
| 85 | DYNE THERAPEUTICS INC | DYN | 21,535 | $421,225 | 0.37% |