Filed: 2/14/2023ACC: 0001420506-23-000695
📋 What this filing means
IKARIAN CAPITAL, LLC filed this quarterly 13F‑HR report disclosing 73 equity positions with a total reported market value of $414.50M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
73
Positions
$414.50M
Total AUM (reported)
28.26M
Total Shares
Allocation by class
COM$324.47M78.3%
COM NEW$37.95M9.2%
S&P BIOTECH$16.60M4.0%
SPONSORED ADS$12.90M3.1%
SHS$10.58M2.6%
CL A$7.64M1.8%
SHS EURO$1.56M0.4%
Portfolio Concentration
Top 3$149.74M36.1%
4–10$97.87M23.6%
11–25$112.07M27.0%
Rest$54.82M13.2%
Top 3 weight
36.1%
Top 10 weight
59.7%
Voting Authority Distribution
Total shares with voting rights: 28.26M
Sole
Full voting authority
28.26M
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)
Sole73
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings73
Rows:
MADRIGAL PHARMACEUTICALS INC
SOLEShares300.07K
TypeSH
Market value$87.10M
21.01%
Sole
300.07K
Shared
0.00
None
0.00
PROMETHEUS BIOSCIENCES INC
SOLEShares388.93K
TypeSH
Market value$42.78M
10.32%
Sole
388.93K
Shared
0.00
None
0.00
ESPERION THERAPEUTICS INC NE
SOLEShares3.19M
TypeSH
Market value$19.86M
4.79%
Sole
3.19M
Shared
0.00
None
0.00
IMMUNOVANT INC
SOLEShares992.90K
TypeSH
Market value$17.62M
4.25%
Sole
992.90K
Shared
0.00
None
0.00
SPDR SER TR
SOLEShares200K
TypeSH
Market value$16.60M
4.00%
Sole
200K
Shared
0.00
None
0.00
ALTIMMUNE INC
SOLEShares850.83K
TypeSH
Market value$14.00M
3.38%
Sole
850.83K
Shared
0.00
None
0.00
KRYSTAL BIOTECH INC
SOLEShares165.90K
TypeSH
Market value$13.14M
3.17%
Sole
165.90K
Shared
0.00
None
0.00
ASTRIA THERAPEUTICS INC
SOLEShares846.28K
TypeSH
Market value$12.60M
3.04%
Sole
846.28K
Shared
0.00
None
0.00
VAXCYTE INC
SOLEShares250K
TypeSH
Market value$11.99M
2.89%
Sole
250K
Shared
0.00
None
0.00
CELLDEX THERAPEUTICS INC NEW
SOLEShares267.48K
TypeSH
Market value$11.92M
2.88%
Sole
267.48K
Shared
0.00
None
0.00
VERONA PHARMA PLC
SOLEShares455.13K
TypeSH
Market value$11.89M
2.87%
Sole
455.13K
Shared
0.00
None
0.00
BIOHAVEN LTD
SOLEShares837.50K
TypeSH
Market value$11.62M
2.80%
Sole
837.50K
Shared
0.00
None
0.00
HORIZON THERAPEUTICS PUB L
SOLEShares89.22K
TypeSH
Market value$10.15M
2.45%
Sole
89.22K
Shared
0.00
None
0.00
ARCUS BIOSCIENCES INC
SOLEShares421.09K
TypeSH
Market value$8.71M
2.10%
Sole
421.09K
Shared
0.00
None
0.00
IVERIC BIO INC
SOLEShares377.02K
TypeSH
Market value$8.07M
1.95%
Sole
377.02K
Shared
0.00
None
0.00
REATA PHARMACEUTICALS INC
SOLEShares201.20K
TypeSH
Market value$7.64M
1.84%
Sole
201.20K
Shared
0.00
None
0.00
TERNS PHARMACEUTICALS INC
SOLEShares737.32K
TypeSH
Market value$7.51M
1.81%
Sole
737.32K
Shared
0.00
None
0.00
BELLUS HEALTH INC NEW
SOLEShares885.33K
TypeSH
Market value$7.28M
1.76%
Sole
885.33K
Shared
0.00
None
0.00
XENON PHARMACEUTICALS INC
SOLEShares160.49K
TypeSH
Market value$6.33M
1.53%
Sole
160.49K
Shared
0.00
None
0.00
DECIPHERA PHARMACEUTICALS IN
SOLEShares367.12K
TypeSH
Market value$6.02M
1.45%
Sole
367.12K
Shared
0.00
None
0.00
89BIO INC
SOLEShares454K
TypeSH
Market value$5.78M
1.39%
Sole
454K
Shared
0.00
None
0.00
BLUEBIRD BIO INC
SOLEShares812.63K
TypeSH
Market value$5.62M
1.36%
Sole
812.63K
Shared
0.00
None
0.00
BIOXCEL THERAPEUTICS INC
SOLEShares250K
TypeSH
Market value$5.37M
1.30%
Sole
250K
Shared
0.00
None
0.00
ACADIA PHARMACEUTICALS INC
SOLEShares325K
TypeSH
Market value$5.17M
1.25%
Sole
325K
Shared
0.00
None
0.00
MIRATI THERAPEUTICS INC
SOLEShares108.10K
TypeSH
Market value$4.90M
1.18%
Sole
108.10K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
MADRIGAL PHARMACEUTICALS INCSOLE | COM | 300.07K | SH | $87.10M 21.01% | 300.07K | 0.00 | 0.00 |
PROMETHEUS BIOSCIENCES INCSOLE | COM | 388.93K | SH | $42.78M 10.32% | 388.93K | 0.00 | 0.00 |
ESPERION THERAPEUTICS INC NESOLE | COM | 3.19M | SH | $19.86M 4.79% | 3.19M | 0.00 | 0.00 |
IMMUNOVANT INCSOLE | COM | 992.90K | SH | $17.62M 4.25% | 992.90K | 0.00 | 0.00 |
SPDR SER TRSOLE | S&P BIOTECH | 200K | SH | $16.60M 4.00% | 200K | 0.00 | 0.00 |
ALTIMMUNE INCSOLE | COM NEW | 850.83K | SH | $14.00M 3.38% | 850.83K | 0.00 | 0.00 |
KRYSTAL BIOTECH INCSOLE | COM | 165.90K | SH | $13.14M 3.17% | 165.90K | 0.00 | 0.00 |
ASTRIA THERAPEUTICS INCSOLE | COM | 846.28K | SH | $12.60M 3.04% | 846.28K | 0.00 | 0.00 |
VAXCYTE INCSOLE | COM | 250K | SH | $11.99M 2.89% | 250K | 0.00 | 0.00 |
CELLDEX THERAPEUTICS INC NEWSOLE | COM NEW | 267.48K | SH | $11.92M 2.88% | 267.48K | 0.00 | 0.00 |
VERONA PHARMA PLCSOLE | SPONSORED ADS | 455.13K | SH | $11.89M 2.87% | 455.13K | 0.00 | 0.00 |
BIOHAVEN LTDSOLE | COM | 837.50K | SH | $11.62M 2.80% | 837.50K | 0.00 | 0.00 |
HORIZON THERAPEUTICS PUB LSOLE | SHS | 89.22K | SH | $10.15M 2.45% | 89.22K | 0.00 | 0.00 |
ARCUS BIOSCIENCES INCSOLE | COM | 421.09K | SH | $8.71M 2.10% | 421.09K | 0.00 | 0.00 |
IVERIC BIO INCSOLE | COM | 377.02K | SH | $8.07M 1.95% | 377.02K | 0.00 | 0.00 |
REATA PHARMACEUTICALS INCSOLE | CL A | 201.20K | SH | $7.64M 1.84% | 201.20K | 0.00 | 0.00 |
TERNS PHARMACEUTICALS INCSOLE | COM | 737.32K | SH | $7.51M 1.81% | 737.32K | 0.00 | 0.00 |
BELLUS HEALTH INC NEWSOLE | COM NEW | 885.33K | SH | $7.28M 1.76% | 885.33K | 0.00 | 0.00 |
XENON PHARMACEUTICALS INCSOLE | COM | 160.49K | SH | $6.33M 1.53% | 160.49K | 0.00 | 0.00 |
DECIPHERA PHARMACEUTICALS INSOLE | COM | 367.12K | SH | $6.02M 1.45% | 367.12K | 0.00 | 0.00 |
89BIO INCSOLE | COM | 454K | SH | $5.78M 1.39% | 454K | 0.00 | 0.00 |
BLUEBIRD BIO INCSOLE | COM | 812.63K | SH | $5.62M 1.36% | 812.63K | 0.00 | 0.00 |
BIOXCEL THERAPEUTICS INCSOLE | COM | 250K | SH | $5.37M 1.30% | 250K | 0.00 | 0.00 |
ACADIA PHARMACEUTICALS INCSOLE | COM | 325K | SH | $5.17M 1.25% | 325K | 0.00 | 0.00 |
MIRATI THERAPEUTICS INCSOLE | COM | 108.10K | SH | $4.90M 1.18% | 108.10K | 0.00 | 0.00 |
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