Filed: 2/17/2026ACC: 0001999371-26-003511
📋 What this filing means
FIRST LIGHT ASSET MANAGEMENT, LLC filed this quarterly 13F‑HR report disclosing 33 equity positions with a total reported market value of $1.31B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
33
Positions
$1.31B
Total AUM (reported)
74.04M
Total Shares
Allocation by class
COMMON STOCKS$1.31B100.0%
Portfolio Concentration
Top 3$388.55M29.7%
4–10$359.44M27.5%
11–25$455.33M34.8%
Rest$104.66M8.0%
Top 3 weight
29.7%
Top 10 weight
57.2%
Voting Authority Distribution
Total shares with voting rights: 74.04M
Sole
Full voting authority
74.04M
shares
% of voting shares100.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
0.00
shares
% of voting shares0.0%
Investment Discretion (by position count)
Sole33
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings33
Rows:
AXOGEN INC
SOLEShares5.23M
TypeSH
Market value$171.29M
13.10%
Sole
5.23M
Shared
0.00
None
0.00
NEOGENOMICS INC
SOLEShares10.04M
TypeSH
Market value$118.01M
9.02%
Sole
10.04M
Shared
0.00
None
0.00
SI-BONE INC
SOLEShares5.03M
TypeSH
Market value$99.25M
7.59%
Sole
5.03M
Shared
0.00
None
0.00
PALVELLA THERAPEUTICS INC
SOLEShares709.14K
TypeSH
Market value$74.23M
5.67%
Sole
709.14K
Shared
0.00
None
0.00
CENTESSA PHARMACEUTICALS LIMITED
SOLEShares2.28M
TypeSH
Market value$57.00M
4.36%
Sole
2.28M
Shared
0.00
None
0.00
CRINETICS PHARMACEUTICALS INC
SOLEShares1.19M
TypeSH
Market value$55.59M
4.25%
Sole
1.19M
Shared
0.00
None
0.00
ATRICURE INC
SOLEShares1.18M
TypeSH
Market value$46.50M
3.56%
Sole
1.18M
Shared
0.00
None
0.00
VERA THERAPEUTICS INC
SOLEShares869.68K
TypeSH
Market value$44.04M
3.37%
Sole
869.68K
Shared
0.00
None
0.00
DISC MEDICINE INC
SOLEShares523.17K
TypeSH
Market value$41.54M
3.18%
Sole
523.17K
Shared
0.00
None
0.00
AMYLYX PHARMACEUTICALS INC
SOLEShares3.36M
TypeSH
Market value$40.53M
3.10%
Sole
3.36M
Shared
0.00
None
0.00
EDGEWISE THERAPEUTICS INC
SOLEShares1.57M
TypeSH
Market value$39.05M
2.99%
Sole
1.57M
Shared
0.00
None
0.00
MADRIGAL PHARMACEUTICALS INC
SOLEShares66.83K
TypeSH
Market value$38.92M
2.98%
Sole
66.83K
Shared
0.00
None
0.00
TWIST BIOSCIENCE CORPORATION
SOLEShares1.14M
TypeSH
Market value$36.19M
2.77%
Sole
1.14M
Shared
0.00
None
0.00
SIMULATIONS PLUS INC
SOLEShares1.97M
TypeSH
Market value$35.89M
2.74%
Sole
1.97M
Shared
0.00
None
0.00
RHYTHM PHARMACEUTICALS INC
SOLEShares295.84K
TypeSH
Market value$31.67M
2.42%
Sole
295.84K
Shared
0.00
None
0.00
WAVE LIFE SCIENCES LTD
SOLEShares1.85M
TypeSH
Market value$31.52M
2.41%
Sole
1.85M
Shared
0.00
None
0.00
ANAPTYS BIO INC
SOLEShares646.24K
TypeSH
Market value$31.33M
2.40%
Sole
646.24K
Shared
0.00
None
0.00
HEALTH CATALYST INC
SOLEShares12.91M
TypeSH
Market value$30.86M
2.36%
Sole
12.91M
Shared
0.00
None
0.00
GUARDANT HEALTH
SOLEShares294.75K
TypeSH
Market value$30.11M
2.30%
Sole
294.75K
Shared
0.00
None
0.00
IRHYTHM TECHNOLOGIES
SOLEShares153.87K
TypeSH
Market value$27.30M
2.09%
Sole
153.87K
Shared
0.00
None
0.00
ESTABLISHMENT LABS HOLDINGS
SOLEShares373.08K
TypeSH
Market value$27.19M
2.08%
Sole
373.08K
Shared
0.00
None
0.00
908 DEVICES INC
SOLEShares4.84M
TypeSH
Market value$25.39M
1.94%
Sole
4.84M
Shared
0.00
None
0.00
KORU MEDICAL SYSTEMS INC
SOLEShares4.21M
TypeSH
Market value$24.46M
1.87%
Sole
4.21M
Shared
0.00
None
0.00
TANDEM DIABETES CARE INC
SOLEShares1.09M
TypeSH
Market value$23.95M
1.83%
Sole
1.09M
Shared
0.00
None
0.00
APOGEE THERAPEUTICS INC
SOLEShares284.99K
TypeSH
Market value$21.51M
1.64%
Sole
284.99K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
AXOGEN INCSOLE | Common Stocks | 5.23M | SH | $171.29M 13.10% | 5.23M | 0.00 | 0.00 |
NEOGENOMICS INCSOLE | Common Stocks | 10.04M | SH | $118.01M 9.02% | 10.04M | 0.00 | 0.00 |
SI-BONE INCSOLE | Common Stocks | 5.03M | SH | $99.25M 7.59% | 5.03M | 0.00 | 0.00 |
PALVELLA THERAPEUTICS INCSOLE | Common Stocks | 709.14K | SH | $74.23M 5.67% | 709.14K | 0.00 | 0.00 |
CENTESSA PHARMACEUTICALS LIMITEDSOLE | Common Stocks | 2.28M | SH | $57.00M 4.36% | 2.28M | 0.00 | 0.00 |
CRINETICS PHARMACEUTICALS INCSOLE | Common Stocks | 1.19M | SH | $55.59M 4.25% | 1.19M | 0.00 | 0.00 |
ATRICURE INCSOLE | Common Stocks | 1.18M | SH | $46.50M 3.56% | 1.18M | 0.00 | 0.00 |
VERA THERAPEUTICS INCSOLE | Common Stocks | 869.68K | SH | $44.04M 3.37% | 869.68K | 0.00 | 0.00 |
DISC MEDICINE INCSOLE | Common Stocks | 523.17K | SH | $41.54M 3.18% | 523.17K | 0.00 | 0.00 |
AMYLYX PHARMACEUTICALS INCSOLE | Common Stocks | 3.36M | SH | $40.53M 3.10% | 3.36M | 0.00 | 0.00 |
EDGEWISE THERAPEUTICS INCSOLE | Common Stocks | 1.57M | SH | $39.05M 2.99% | 1.57M | 0.00 | 0.00 |
MADRIGAL PHARMACEUTICALS INCSOLE | Common Stocks | 66.83K | SH | $38.92M 2.98% | 66.83K | 0.00 | 0.00 |
TWIST BIOSCIENCE CORPORATIONSOLE | Common Stocks | 1.14M | SH | $36.19M 2.77% | 1.14M | 0.00 | 0.00 |
SIMULATIONS PLUS INCSOLE | Common Stocks | 1.97M | SH | $35.89M 2.74% | 1.97M | 0.00 | 0.00 |
RHYTHM PHARMACEUTICALS INCSOLE | Common Stocks | 295.84K | SH | $31.67M 2.42% | 295.84K | 0.00 | 0.00 |
WAVE LIFE SCIENCES LTDSOLE | Common Stocks | 1.85M | SH | $31.52M 2.41% | 1.85M | 0.00 | 0.00 |
ANAPTYS BIO INCSOLE | Common Stocks | 646.24K | SH | $31.33M 2.40% | 646.24K | 0.00 | 0.00 |
HEALTH CATALYST INCSOLE | Common Stocks | 12.91M | SH | $30.86M 2.36% | 12.91M | 0.00 | 0.00 |
GUARDANT HEALTHSOLE | Common Stocks | 294.75K | SH | $30.11M 2.30% | 294.75K | 0.00 | 0.00 |
IRHYTHM TECHNOLOGIESSOLE | Common Stocks | 153.87K | SH | $27.30M 2.09% | 153.87K | 0.00 | 0.00 |
ESTABLISHMENT LABS HOLDINGSSOLE | Common Stocks | 373.08K | SH | $27.19M 2.08% | 373.08K | 0.00 | 0.00 |
908 DEVICES INCSOLE | Common Stocks | 4.84M | SH | $25.39M 1.94% | 4.84M | 0.00 | 0.00 |
KORU MEDICAL SYSTEMS INCSOLE | Common Stocks | 4.21M | SH | $24.46M 1.87% | 4.21M | 0.00 | 0.00 |
TANDEM DIABETES CARE INCSOLE | Common Stocks | 1.09M | SH | $23.95M 1.83% | 1.09M | 0.00 | 0.00 |
APOGEE THERAPEUTICS INCSOLE | Common Stocks | 284.99K | SH | $21.51M 1.64% | 284.99K | 0.00 | 0.00 |
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