Institutional Manager · CIK 0002013410
FCPM III SERVICES B.V.
NAARDEN, P7 · File #028-24008
Latest AUM
$762.9M
Positions
14
Top-10 Concentration
93.1%
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 | MAPLIGHT THERAPEUTICS INC | MPLT | +3,226,400 | +$56.7M | $0 |
| ADD | RAPT THERAPEUTICS INC | 75382E208 | +1,489,096 | +$50.4M | +$2.8M |
| ADD | VOR BIOPHARMA INC | VOR | +3,237,714 | +$42.3M | -$13.5M |
| EXITED | ASTRIA THERAPEUTICS INC | 04635X102 | -4,107,537 | -$29.9M | $0 |
| NEW | CRESCENT BIOPHARMA INC. | CBIO | +1,677,852 | +$19.9M | $0 |
| REDUCE | REPLIMUNE GROUP INC | REPL | -1,350,000 | -$13.1M | +$23.0M |
| REDUCE | NEWAMSTERDAM PHARMA COMPANY | NAMSW | -13,484 | -$473,019 | +$30.3M |
| ADD | BICYCLE THERAPEUTICS PLC | BCYC | +16,100 | +$113,988 | -$2.3M |
| REDUCE | DYNE THERAPEUTICS INC | DYN | 0 | $0 | +$27.9M |
| REDUCE | ENGENE HOLDINGS INC | ENGNW | 0 | $0 | +$6.4M |
Sector Allocation
Filing History
- 13F HOLDINGS REPORTQ/E Dec 202514 pos · $762.9M
- 13F HOLDINGS REPORTQ/E Sep 202513 pos · $500.4M
- 13F HOLDINGS REPORTQ/E Jun 202512 pos · $369.2M
- 13F HOLDINGS REPORTQ/E Mar 202512 pos · $413.7M
- 13F HOLDINGS REPORTQ/E Dec 202412 pos · $592.4M
- 13F HOLDINGS REPORTQ/E Sep 202411 pos · $582.3M
- 13F HOLDINGS REPORTQ/E Jun 202411 pos · $678.1M
- 13F HOLDINGS REPORTQ/E Mar 202410 pos · $707.3M
- 13F HOLDINGS REPORTQ/E Mar 20249 pos · $339.4M
Top 14 Holdings — Dec 2025
| # | Issuer | Ticker | Shares | Value | % of Portfolio |
|---|---|---|---|---|---|
| 1 | NEWAMSTERDAM PHARMA COMPANY | NAMSW | 4,648,025 | $163.1M | 21.37% |
| 2 | NEWAMSTERDAM PHARMA COMPANY | NAMSW | 4,550,875 | $159.6M | 20.93% |
| 3 | DYNE THERAPEUTICS INC | DYN | 4,036,476 | $79.0M | 10.35% |
| 4 | RAPT THERAPEUTICS INC | 75382E208 | 1,833,333 | $62.1M | 8.14% |
| 5 | ENGENE HOLDINGS INC | ENGNW | 6,738,362 | $60.8M | 7.98% |
| 6 | MAPLIGHT THERAPEUTICS INC | MPLT | 3,226,400 | $56.7M | 7.43% |
| 7 | VOR BIOPHARMA INC | VOR | 3,617,354 | $47.3M | 6.20% |
| 8 | DYNE THERAPEUTICS INC | DYN | 1,426,370 | $27.9M | 3.66% |
| 9 | REPLIMUNE GROUP INC | REPL | 2,808,368 | $27.3M | 3.58% |
| 10 | ENGENE HOLDINGS INC | ENGNW | 2,894,199 | $26.1M | 3.43% |
| 11 | BICYCLE THERAPEUTICS PLC | BCYC | 3,468,430 | $24.6M | 3.22% |
| 12 | CRESCENT BIOPHARMA INC. | CBIO | 1,677,852 | $19.9M | 2.61% |
| 13 | ENGENE HOLDINGS INC | ENGNW | 2,403,072 | $7.1M | 0.93% |
| 14 | ENGENE HOLDINGS INC | ENGNW | 475,076 | $1.4M | 0.18% |