Adar1 Capital Management, Llc Portfolio Stock Holdings
Adar1 Capital Management, Llc disclosed 294 stock positions valued at approximately $1.7 billion in its latest SEC 13F filing. The largest holdings include ABIVAX SA, PROTAGONIST THERAPEUTICS INC, and ROIVANT SCIENCES LTD. The filing reflects positions held as of March 31, 2026 and was filed on May 18, 2026.
- Report Period
- March 31, 2026
- No. of Stocks
- 294
- Portfolio Value
- $1.7B
Holdings by Sector
Adar1 Capital Management, Llc Portfolio Holdings in Q1 2026
224 holdings in the latest reporting period.
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| Company | Symbol | Sector | Portfolio % | Shares | Change (Shares) | Change % | Value |
|---|---|---|---|---|---|---|---|
| ABIVAX SA | ABVX | Healthcare | 9.33% | 1,394,019 | +76,690 | +5.82% | $155,224,016 |
| PROTAGONIST THERAPEUTICS INC | PTGX | Healthcare | 6.30% | 994,119 | -55,049 | -5.25% | $104,780,143 |
| ROIVANT SCIENCES LTD | G76279101 | Other | 5.47% | 3,285,906 | -143,056 | -4.17% | $91,019,596 |
| IMMUNOVANT INC | IMVT | Healthcare | 4.00% | 2,679,010 | +198,042 | +7.98% | $66,546,608 |
| STATE STR SPDR S&P 500 ETF T | SPY | Other | 2.97% | 75,940 | +21,256 | +38.87% | $49,386,820 |
| TERNS PHARMACEUTICALS INC | TERN | Healthcare | 2.90% | 914,699 | +373,084 | +68.88% | $48,222,931 |
| CYTOKINETICS INC | CYTK | Healthcare | 2.51% | 632,556 | +92,390 | +17.10% | $41,691,766 |
| CRINETICS PHARMACEUTICALS IN | CRNX | Healthcare | 2.49% | 1,139,331 | +829,963 | +268.28% | $41,380,502 |
| EA SERIES TRUST | BOXX | Other | 2.36% | 337,125 | - | - | $39,204,266 |
| DENALI THERAPEUTICS INC | DNLI | Healthcare | 2.16% | 1,871,455 | +1,819,339 | +3490.94% | $35,931,936 |
| BEAM THERAPEUTICS INC | BEAM | Healthcare | 2.07% | 1,446,375 | +1,446,375 | +100.00% | $34,467,116 |
| ZAI LAB LTD | ZLAB | Healthcare | 1.61% | 1,425,367 | +178,847 | +14.35% | $26,811,153 |
| VIR BIOTECHNOLOGY INC | VIR | Healthcare | 1.48% | 2,744,714 | +2,744,714 | +100.00% | $24,592,637 |
| INSPIRE MED SYS INC | INSP | Healthcare | 1.26% | 405,197 | +390,197 | +2601.31% | $20,900,061 |
| SCHOLAR ROCK HLDG CORP | SRRK | Healthcare | 1.20% | 407,273 | +337,684 | +485.25% | $20,021,541 |
| RHYTHM PHARMACEUTICALS INC | RYTM | Healthcare | 1.11% | 211,450 | +160,101 | +311.79% | $18,389,807 |
| SPYRE THERAPEUTICS INC | SYRE | Healthcare | 1.03% | 338,323 | +304,272 | +893.58% | $17,065,012 |
| CYTOMX THERAPEUTICS INC. | CTMX | Healthcare | 0.96% | 3,410,190 | -772,579 | -18.47% | $16,027,893 |
| SANOFI SA | SNY | Healthcare | 0.92% | 316,939 | +253,465 | +399.32% | $15,270,121 |
| VAXCYTE INC | PCVX | Healthcare | 0.90% | 259,137 | -56,505 | -17.90% | $15,058,451 |
| ARBUTUS BIOPHARMA CORP | ABUS | Healthcare | 0.85% | 3,133,175 | -2,281,934 | -42.14% | $14,099,288 |
| AMYLYX PHARMACEUTICALS INC | AMLX | Healthcare | 0.84% | 1,000,604 | +110,248 | +12.38% | $13,908,396 |
| CELLDEX THERAPEUTICS INC NEW | CLDX | Healthcare | 0.82% | 427,816 | -218,951 | -33.85% | $13,570,324 |
| TAYSHA GENE THERAPIES INC | TSHA | Healthcare | 0.80% | 2,979,429 | +483,620 | +19.38% | $13,318,048 |
| XENON PHARMACEUTICALS INC | XENE | Healthcare | 0.80% | 228,899 | +24,930 | +12.22% | $13,310,477 |
| REVOLUTION MEDICINES INC | RVMD | Healthcare | 0.78% | 133,893 | -11,186 | -7.71% | $13,021,094 |
| ENLIVEN THERAPEUTICS INC | ELVN | Healthcare | 0.78% | 329,540 | +299,540 | +998.47% | $12,917,968 |
| CG ONCOLOGY INC | CGON | Healthcare | 0.76% | 185,699 | -72,440 | -28.06% | $12,568,108 |
| SPDR SERIES TRUST | BIL | Other | 0.75% | 135,585 | - | - | $12,425,009 |
| ESTABLISHMENT LABS HLDGS INC | ESTA | Other | 0.73% | 213,473 | +42,051 | +24.53% | $12,120,997 |
| REPLIMUNE GROUP INC | REPL | Healthcare | 0.73% | 1,582,987 | +341,665 | +27.52% | $12,109,851 |
| IONIS PHARMACEUTICALS INC | IONS | Healthcare | 0.72% | 160,338 | +13,208 | +8.98% | $12,039,780 |
| INHIBIKASE THERAPEUTICS INC | IKT | Healthcare | 0.67% | 6,606,572 | -1,457,377 | -18.07% | $11,099,041 |
| ARS PHARMACEUTICALS INC | SPRY | Healthcare | 0.66% | 1,361,536 | +991,967 | +268.41% | $10,933,134 |
| OVID THERAPEUTICS INC | OVID | Healthcare | 0.61% | 4,544,113 | +259,113 | +6.05% | $10,087,931 |
| REGENERON PHARMACEUTICALS | REGN | Healthcare | 0.56% | 12,154 | +103 | +0.85% | $9,390,667 |
| MOONLAKE IMMUNOTHERAPEUTICS | MLTX | Healthcare | 0.51% | 457,137 | +457,137 | +100.00% | $8,521,034 |
| LEXEO THERAPEUTICS INC | LXEO | Healthcare | 0.51% | 1,467,350 | +74,189 | +5.33% | $8,422,589 |
| OPUS GENETICS INC | OCUP | Other | 0.51% | 1,849,004 | +1,809,004 | +4522.51% | $8,412,968 |
| TEVA PHARMACEUTICAL INDS LTD | TEVA | Healthcare | 0.49% | 268,391 | +32,420 | +13.74% | $8,083,937 |
| SAVARA INC | SVRA | Healthcare | 0.48% | 1,464,535 | +59,083 | +4.20% | $7,996,361 |
| EQUILLIUM INC | EQ | Healthcare | 0.45% | 3,726,659 | -1,881,419 | -33.55% | $7,453,318 |
| VIKING THERAPEUTICS INC | VKTX | Healthcare | 0.45% | 227,717 | +201,223 | +759.50% | $7,409,911 |
| BRIDGEBIO PHARMA INC | BBIO | Healthcare | 0.42% | 94,292 | -119,122 | -55.82% | $7,002,124 |
| PRIME MEDICINE INC | PRME | Healthcare | 0.41% | 1,973,282 | +1,973,282 | +100.00% | $6,867,021 |
| VERTEX PHARMACEUTICALS INC | VRTX | Healthcare | 0.40% | 15,075 | +1,359 | +9.91% | $6,731,591 |
| KORRO BIO INC | KRRO | Healthcare | 0.37% | 540,054 | +540,054 | +100.00% | $6,113,411 |
| VIRIDIAN THERAPEUTICS INC | VRDN | Healthcare | 0.36% | 304,422 | +227,224 | +294.34% | $5,954,494 |
| DANAHER CORP DEL | DHR | Healthcare | 0.35% | 30,932 | +5,332 | +20.83% | $5,864,707 |
| INSMED INC | INSM | Healthcare | 0.35% | 35,392 | +35,392 | +100.00% | $5,787,300 |
| ASCENDIS PHARMA A/S | ASND | Healthcare | 0.34% | 25,014 | -300 | -1.19% | $5,721,452 |
| BRIGHTHOUSE FINL INC | BHF | Financial Services | 0.34% | 95,523 | - | - | $5,719,917 |
| SAREPTA THERAPEUTICS INC | SRPT | Healthcare | 0.34% | 262,058 | +233,192 | +807.84% | $5,702,382 |
| KRYSTAL BIOTECH INC | KRYS | Healthcare | 0.31% | 20,014 | - | - | $5,170,016 |
| ACUMEN PHARMACEUTICALS INC | ABOS | Healthcare | 0.31% | 2,156,334 | +1,265,151 | +141.96% | $5,088,948 |
| INVIVYD INC | IVVD | Healthcare | 0.30% | 3,822,427 | -76,970 | -1.97% | $4,969,155 |
| PROTARA THERAPEUTICS INC | TARA | Healthcare | 0.29% | 940,512 | -196,287 | -17.27% | $4,900,068 |
| AGIOS PHARMACEUTICALS INC | AGIO | Healthcare | 0.29% | 140,672 | -47,328 | -25.17% | $4,758,934 |
| ELI LILLY & CO | LLY | Healthcare | 0.28% | 5,060 | +5,060 | +100.00% | $4,654,036 |
| DIANTHUS THERAPEUTICS INC | DNTH | Healthcare | 0.28% | 55,000 | +55,000 | +100.00% | $4,615,600 |
| ARROWHEAD PHARMACEUTICALS IN | ARWR | Healthcare | 0.26% | 70,300 | +12,100 | +20.79% | $4,407,810 |
| BELITE BIO INC | BLTE | Healthcare | 0.26% | 26,880 | -12,959 | -32.53% | $4,285,747 |
| MINERALYS THERAPEUTICS INC | MLYS | Healthcare | 0.25% | 154,686 | +18,455 | +13.55% | $4,190,444 |
| JANUX THERAPEUTICS INC | JANX | Healthcare | 0.25% | 298,546 | +53,094 | +21.63% | $4,149,789 |
| CLIMB BIO INC | ELYM | Other | 0.25% | 597,662 | -834,813 | -58.28% | $4,093,985 |
| NEWAMSTERDAM PHARMA COMPANY | NAMSW | Other | 0.23% | 118,623 | - | - | $3,797,122 |
| ARCELLX INC | ACLX | Healthcare | 0.22% | 32,084 | +600 | +1.91% | $3,683,885 |
| CONTINEUM THERAPEUTICS INC | CTNM | Healthcare | 0.22% | 276,661 | -2,300 | -0.82% | $3,613,193 |
| MONTE ROSA THERAPEUTICS INC | GLUE | Healthcare | 0.21% | 215,752 | - | - | $3,549,120 |
| BEONE MEDICINES LTD | BGNE | Healthcare | 0.21% | 11,701 | +11,701 | +100.00% | $3,474,846 |
| TENAX THERAPEUTICS INC | TENX | Healthcare | 0.21% | 213,462 | +149,789 | +235.25% | $3,413,257 |
| ARRIVENT BIOPHARMA INC | AVBP | Healthcare | 0.20% | 141,814 | +141,814 | +100.00% | $3,271,649 |
| PLIANT THERAPEUTICS INC | PLRX | Healthcare | 0.20% | 2,585,126 | +2,511,307 | +3401.98% | $3,257,259 |
| RELMADA THERAPEUTICS INC | RLMD | Healthcare | 0.19% | 451,918 | +421,052 | +1364.13% | $3,145,349 |
| PERSPECTIVE THERAPEUTICS INC | CATX | Healthcare | 0.19% | 749,335 | +654,142 | +687.17% | $3,124,727 |
| CORBUS PHARMACEUTICALS HLDGS | CRBP | Healthcare | 0.19% | 331,781 | +45,000 | +15.69% | $3,115,424 |
| ELEDON PHARMACEUTICALS INC | ELDN | Healthcare | 0.18% | 974,421 | -847,391 | -46.51% | $3,001,217 |
| PHARVARIS N V | PHVS | Other | 0.18% | 105,528 | +20,000 | +23.38% | $2,981,166 |
| APELLIS PHARMACEUTICALS INC | APLS | Healthcare | 0.18% | 72,500 | +52,500 | +262.50% | $2,916,675 |
| EDGEWISE THERAPEUTICS INC | EWTX | Healthcare | 0.17% | 90,599 | -400 | -0.44% | $2,853,869 |
| PEPGEN INC | PEPG | Healthcare | 0.17% | 1,607,638 | +1,570,796 | +4263.60% | $2,845,519 |
| CAPRICOR THERAPEUTICS INC | CAPR | Healthcare | 0.17% | 90,593 | +90,593 | +100.00% | $2,754,027 |
| MASIMO CORP | MASI | Healthcare | 0.16% | 15,000 | - | - | $2,668,050 |
| INOVIO PHARMACEUTICALS INC | INO | Healthcare | 0.15% | 1,470,108 | -14,900 | -1.00% | $2,557,988 |
| TELEFLEX INCORPORATED | TFX | Healthcare | 0.15% | 21,186 | -59,441 | -73.72% | $2,534,057 |
| ALECTOR INC | ALEC | Healthcare | 0.14% | 1,050,000 | -58,000 | -5.23% | $2,257,500 |
| PFIZER INC | PFE | Healthcare | 0.13% | 77,400 | +5,000 | +6.91% | $2,173,392 |
| DELCATH SYS INC | DCTH | Healthcare | 0.13% | 224,385 | - | - | $2,082,293 |
| BIOGEN INC | BIIB | Healthcare | 0.12% | 11,000 | -13,300 | -54.73% | $2,016,630 |
| SUMMIT THERAPEUTICS INC | SMMT | Healthcare | 0.10% | 91,869 | - | - | $1,741,836 |
| GLOBUS MED INC | GMED | Healthcare | 0.10% | 20,100 | - | - | $1,731,816 |
| ALKERMES PLC | G01767105 | Other | 0.10% | 46,400 | -17,300 | -27.16% | $1,640,704 |
| SOLENO THERAPEUTICS INC | SLNO | Healthcare | 0.09% | 46,830 | +5,000 | +11.95% | $1,567,868 |
| ROCKET PHARMACEUTICALS INC | RCKT | Healthcare | 0.09% | 432,500 | -43,300 | -9.10% | $1,548,350 |
| SUPERNUS PHARMACEUTICALS | SUPN | Healthcare | 0.09% | 29,642 | -100 | -0.34% | $1,532,195 |
| CENTESSA PHARMACEUTICALS PLC | CNTA | Healthcare | 0.09% | 38,566 | - | - | $1,531,842 |
| AMICUS THERAPEUTIC | FOLD | Healthcare | 0.09% | 105,000 | +105,000 | +100.00% | $1,518,300 |
| UNITEDHEALTH GROUP INC | UNH | Healthcare | 0.09% | 5,501 | +5,501 | +100.00% | $1,488,516 |
| SENSIENT TECHNOLOGIES CORP | SXT | Basic Materials | 0.08% | 15,000 | +15,000 | +100.00% | $1,296,600 |
| CORVUS PHARMACEUTICALS INC | CRVS | Healthcare | 0.08% | 87,901 | -377,974 | -81.13% | $1,285,992 |
Adar1 Capital Management, Llc Options Holdings in Q1 2026
12 options positions in the latest reporting period.
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| Quarter | Symbol | Company | Option | Contracts | Notional Value |
|---|---|---|---|---|---|
| Q1 2026 | TERN | Terns Pharmaceuticals, Inc. | CALL | 200,000 | $10,544,000 |
| Q1 2026 | IWM | iShares Russell 2000 ETF | PUT | 27,500 | $6,820,000 |
| Q1 2026 | ABVX | Abivax SA | CALL | 44,000 | $4,899,400 |
| Q1 2026 | LQDA | Liquidia Corporation | PUT | 100,000 | $3,774,000 |
| Q1 2026 | XBI | SPDR Series Trust SPDR S&P Bio | PUT | 15,000 | $1,915,950 |
| Q1 2026 | REPL | Replimune Group, Inc. | CALL | 100,000 | $765,000 |
| Q1 2026 | GUTS | Fractyl Health, Inc. | CALL | 1,428,571 | $654,000 |
| Q1 2026 | NVO | Novo Nordisk A/S | CALL | 13,000 | $477,750 |
| Q1 2026 | RARE | Ultragenyx Pharmaceutical Inc. | CALL | 20,000 | $419,000 |
| Q1 2026 | MLTX | MoonLake Immunotherapeutics | CALL | 20,000 | $372,800 |
| Q1 2026 | CRBP | Corbus Pharmaceuticals Holdings | CALL | 35,000 | $328,650 |
| Q1 2026 | QNCX | Quince Therapeutics, Inc. | PUT | 50,000 | $5,070 |
Notional value represents the total exposure of the options position.