Institutional Manager · CIK 0001545692
NVP ASSOCIATES, LLC
MENLO PARK, CA · File #028-22963
Latest AUM
$255.2M
Positions
6
Top-10 Concentration
100.0%
Filings
9
Portfolio Value Over Time
2024-03
2024-06
2024-09
2024-12
2025-03
2025-06
2025-09
2025-12
Biggest QoQ Changes
Ranked by conviction flow (share change × current price) so mark-to-market moves don't dominate. Price effect column shows how much of the $ change was just the stock moving.
| Action | Issuer | Ticker / CUSIP | Δ Shares | Flow ($) | Price Effect |
|---|---|---|---|---|---|
| NEW | BILLIONTOONE INC | BLLN | +513,330 | +$42.0M | $0 |
| REDUCE | GROVE COLLABORATIVE HOLD INC | GROVW | 0 | $0 | -$1.3M |
| REDUCE | MBX BIOSCIENCES INC | MBX | 0 | $0 | +$30.0M |
| REDUCE | OMADA HEALTH INC | OMDA | 0 | $0 | -$16.0M |
| REDUCE | TALKSPACE INC | TALKW | 0 | $0 | +$8.5M |
| REDUCE | ZENAS BIOPHARMA INC | ZBIO | 0 | $0 | +$25.9M |
Sector Allocation
Filing History
- 13F HOLDINGS REPORTQ/E Dec 20256 pos · $255.2M
- 13F HOLDINGS REPORTQ/E Sep 20255 pos · $166.1M
- 13F HOLDINGS REPORTQ/E Jun 20257 pos · $184.2M
- 13F HOLDINGS REPORTQ/E Mar 20256 pos · $112.2M
- 13F HOLDINGS REPORTQ/E Dec 20247 pos · $186.9M
- 13F HOLDINGS REPORTQ/E Sep 20248 pos · $176.1M
- 13F HOLDINGS REPORTQ/E Jun 20246 pos · $91.3M
- 13F HOLDINGS REPORTQ/E Mar 20246 pos · $125.9M
- 13F HOLDINGS REPORTQ/E Dec 20238 pos · $111.7M
Top 6 Holdings — Dec 2025
| # | Issuer | Ticker | Shares | Value | % of Portfolio |
|---|---|---|---|---|---|
| 1 | MBX BIOSCIENCES INC | MBX | 2,136,335 | $67.4M | 26.40% |
| 2 | ZENAS BIOPHARMA INC | ZBIO | 1,838,482 | $66.8M | 26.16% |
| 3 | BILLIONTOONE INC | BLLN | 513,330 | $42.0M | 16.46% |
| 4 | OMADA HEALTH INC | OMDA | 2,531,000 | $39.9M | 15.65% |
| 5 | TALKSPACE INC | TALKW | 9,802,972 | $35.6M | 13.94% |
| 6 | GROVE COLLABORATIVE HOLD INC | GROVW | 3,225,097 | $3.5M | 1.39% |