Filed: 8/14/2026ACC: 0001420506-26-001820
📋 What this filing means
IKARIAN CAPITAL, LLC filed this quarterly 13F‑HR report disclosing 137 equity positions with a total reported market value of $928.17M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
137
Positions
$928.17M
Total AUM (reported)
73.23M
Total Shares
Allocation by class
COM$453.73M48.9%
COM NEW$173.30M18.7%
SPONSORED ADS$131.33M14.1%
ST STR SP BIOT$47.48M5.1%
CL A$29.62M3.2%
COM SHS$20.84M2.2%
PUT$13.56M1.5%
Portfolio Concentration
Top 3$227.39M24.5%
4–10$209.49M22.6%
11–25$204.40M22.0%
Rest$286.89M30.9%
Top 3 weight
24.5%
Top 10 weight
47.1%
Voting Authority Distribution
Total shares with voting rights: 73.23M
Sole
Full voting authority
73.23M
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)
Sole137
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings137
Rows:
ABIVAX SA
SOLEShares919.74K
TypeSH
Market value$122.12M
13.16%
Sole
919.74K
Shared
0.00
None
0.00
IONIS PHARMACEUTICALS INC
SOLEShares700K
TypeSH
Market value$55.50M
5.98%
Sole
700K
Shared
0.00
None
0.00
KODIAK SCIENCES INC
SOLEShares1.28M
TypeSH
Market value$49.77M
5.36%
Sole
1.28M
Shared
0.00
None
0.00
SPDR SERIES TRUST
SOLEShares300K
TypeSH
Market value$47.48M
5.11%
Sole
300K
Shared
0.00
None
0.00
ALUMIS INC
SOLEShares1.23M
TypeSH
Market value$34.52M
3.72%
Sole
1.23M
Shared
0.00
None
0.00
PRAXIS PRECISION MEDICINES I
SOLEShares93.74K
TypeSH
Market value$31.38M
3.38%
Sole
93.74K
Shared
0.00
None
0.00
MODERNA INC
SOLEShares400K
TypeSH
Market value$28.01M
3.02%
Sole
400K
Shared
0.00
None
0.00
CAPRICOR THERAPEUTICS INC
SOLEShares954.22K
TypeSH
Market value$22.98M
2.48%
Sole
954.22K
Shared
0.00
None
0.00
VAXCYTE INC
SOLEShares388.68K
TypeSH
Market value$22.59M
2.43%
Sole
388.68K
Shared
0.00
None
0.00
ANI PHARMACEUTICALS INC
SOLEShares272.08K
TypeSH
Market value$22.52M
2.43%
Sole
272.08K
Shared
0.00
None
0.00
CELLDEX THERAPEUTICS INC NEW
SOLEShares592.50K
TypeSH
Market value$22.05M
2.38%
Sole
592.50K
Shared
0.00
None
0.00
TENAX THERAPEUTICS INC
SOLEShares1.18M
TypeSH
Market value$17.13M
1.85%
Sole
1.18M
Shared
0.00
None
0.00
VERA THERAPEUTICS INC
SOLEShares381.70K
TypeSH
Market value$16.38M
1.76%
Sole
381.70K
Shared
0.00
None
0.00
ARCUS BIOSCIENCES INC
SOLEShares504.56K
TypeSH
Market value$15.56M
1.68%
Sole
504.56K
Shared
0.00
None
0.00
RELMADA THERAPEUTICS INC
SOLEShares2.15M
TypeSH
Market value$14.87M
1.60%
Sole
2.15M
Shared
0.00
None
0.00
COGENT BIOSCIENCES INC
SOLEShares370.08K
TypeSH
Market value$14.32M
1.54%
Sole
370.08K
Shared
0.00
None
0.00
NEWAMSTERDAM PHARMA COMPANY
SOLEShares400K
TypeSH
Market value$13.56M
1.46%
Sole
400K
Shared
0.00
None
0.00
CONTINEUM THERAPEUTICS INC
SOLEShares807.87K
TypeSH
Market value$13.24M
1.43%
Sole
807.87K
Shared
0.00
None
0.00
C4 THERAPEUTICS INC
SOLEShares2.43M
TypeSH
Market value$11.36M
1.22%
Sole
2.43M
Shared
0.00
None
0.00
MAZE THERAPEUTICS INC
SOLEShares379K
TypeSH
Market value$11.31M
1.22%
Sole
379K
Shared
0.00
None
0.00
ARROWHEAD PHARMACEUTICALS IN
SOLEShares138.28K
TypeSH
Market value$11.27M
1.21%
Sole
138.28K
Shared
0.00
None
0.00
BIOHAVEN LTD
SOLEShares748.18K
TypeSH
Market value$11.13M
1.20%
Sole
748.18K
Shared
0.00
None
0.00
CONNECT BIOPHARMA HLDGS LTD
SOLEShares4.54M
TypeSH
Market value$10.80M
1.16%
Sole
4.54M
Shared
0.00
None
0.00
ALTO NEUROSCIENCE INC
SOLEShares407.34K
TypeSH
Market value$10.75M
1.16%
Sole
407.34K
Shared
0.00
None
0.00
PHARVARIS N V
SOLEShares308.86K
TypeSH
Market value$10.68M
1.15%
Sole
308.86K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
ABIVAX SASOLE | SPONSORED ADS | 919.74K | SH | $122.12M 13.16% | 919.74K | 0.00 | 0.00 |
IONIS PHARMACEUTICALS INCSOLE | COM | 700K | SH | $55.50M 5.98% | 700K | 0.00 | 0.00 |
KODIAK SCIENCES INCSOLE | COM | 1.28M | SH | $49.77M 5.36% | 1.28M | 0.00 | 0.00 |
SPDR SERIES TRUSTSOLE | ST STR SP BIOT | 300K | SH | $47.48M 5.11% | 300K | 0.00 | 0.00 |
ALUMIS INCSOLE | COM | 1.23M | SH | $34.52M 3.72% | 1.23M | 0.00 | 0.00 |
PRAXIS PRECISION MEDICINES ISOLE | COM NEW | 93.74K | SH | $31.38M 3.38% | 93.74K | 0.00 | 0.00 |
MODERNA INCSOLE | COM | 400K | SH | $28.01M 3.02% | 400K | 0.00 | 0.00 |
CAPRICOR THERAPEUTICS INCSOLE | COM NEW | 954.22K | SH | $22.98M 2.48% | 954.22K | 0.00 | 0.00 |
VAXCYTE INCSOLE | COM | 388.68K | SH | $22.59M 2.43% | 388.68K | 0.00 | 0.00 |
ANI PHARMACEUTICALS INCSOLE | COM | 272.08K | SH | $22.52M 2.43% | 272.08K | 0.00 | 0.00 |
CELLDEX THERAPEUTICS INC NEWSOLE | COM NEW | 592.50K | SH | $22.05M 2.38% | 592.50K | 0.00 | 0.00 |
TENAX THERAPEUTICS INCSOLE | COM NEW | 1.18M | SH | $17.13M 1.85% | 1.18M | 0.00 | 0.00 |
VERA THERAPEUTICS INCSOLE | CL A | 381.70K | SH | $16.38M 1.76% | 381.70K | 0.00 | 0.00 |
ARCUS BIOSCIENCES INCSOLE | COM | 504.56K | SH | $15.56M 1.68% | 504.56K | 0.00 | 0.00 |
RELMADA THERAPEUTICS INCSOLE | COM | 2.15M | SH | $14.87M 1.60% | 2.15M | 0.00 | 0.00 |
COGENT BIOSCIENCES INCSOLE | COM | 370.08K | SH | $14.32M 1.54% | 370.08K | 0.00 | 0.00 |
NEWAMSTERDAM PHARMA COMPANYSOLE | PUT | 400K | SH | $13.56M 1.46% | 400K | 0.00 | 0.00 |
CONTINEUM THERAPEUTICS INCSOLE | CL A | 807.87K | SH | $13.24M 1.43% | 807.87K | 0.00 | 0.00 |
C4 THERAPEUTICS INCSOLE | COM STK | 2.43M | SH | $11.36M 1.22% | 2.43M | 0.00 | 0.00 |
MAZE THERAPEUTICS INCSOLE | COM | 379K | SH | $11.31M 1.22% | 379K | 0.00 | 0.00 |
ARROWHEAD PHARMACEUTICALS INSOLE | COM | 138.28K | SH | $11.27M 1.21% | 138.28K | 0.00 | 0.00 |
BIOHAVEN LTDSOLE | COM | 748.18K | SH | $11.13M 1.20% | 748.18K | 0.00 | 0.00 |
CONNECT BIOPHARMA HLDGS LTDSOLE | SHS | 4.54M | SH | $10.80M 1.16% | 4.54M | 0.00 | 0.00 |
ALTO NEUROSCIENCE INCSOLE | COM SHS | 407.34K | SH | $10.75M 1.16% | 407.34K | 0.00 | 0.00 |
PHARVARIS N VSOLE | COM | 308.86K | SH | $10.68M 1.15% | 308.86K | 0.00 | 0.00 |
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