Filed: 2/13/2026ACC: 0001172661-26-000761
📋 What this filing means
NEXTBIO CAPITAL MANAGEMENT LP filed this quarterly 13F‑HR report disclosing 23 equity positions with a total reported market value of $170.49M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
23
Positions
$170.49M
Total AUM (reported)
12.21M
Total Shares
Allocation by class
COM$118.41M69.5%
COM NEW$24.50M14.4%
SPONSORED ADS$11.76M6.9%
ADS$6.04M3.5%
COM SHS$3.91M2.3%
ORDINARY SHARES$2.99M1.8%
ADR$2.88M1.7%
Portfolio Concentration
Top 3$55.40M32.5%
4–10$63.97M37.5%
11–25$51.12M30.0%
Top 3 weight
32.5%
Top 10 weight
70.0%
Voting Authority Distribution
Total shares with voting rights: 12.21M
Sole
Full voting authority
0.00
shares
% of voting shares0.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
12.21M
shares
% of voting shares100.0%
Investment Discretion (by position count)
Sole23
Shared0
Other0
Dominant voting typeNone · 100.0% of voting shares
Institutional Holdings23
Rows:
TERNS PHARMACEUTICALS INC
SOLEShares551.19K
TypeSH
Market value$22.27M
13.06%
Sole
0.00
Shared
0.00
None
551.19K
PROTAGONIST THERAPEUTICS INC
SOLEShares229.62K
TypeSH
Market value$20.05M
11.76%
Sole
0.00
Shared
0.00
None
229.62K
VOR BIOPHARMA INC
SOLEShares999.97K
TypeSH
Market value$13.08M
7.67%
Sole
0.00
Shared
0.00
None
999.97K
ZENAS BIOPHARMA INC
SOLEShares321.98K
TypeSH
Market value$11.69M
6.86%
Sole
0.00
Shared
0.00
None
321.98K
SHATTUCK LABS INC
SOLEShares3.15M
TypeSH
Market value$11.50M
6.74%
Sole
0.00
Shared
0.00
None
3.15M
VERASTEM INC
SOLEShares1.31M
TypeSH
Market value$10.09M
5.92%
Sole
0.00
Shared
0.00
None
1.31M
PALVELLA THERAPEUTICS INC NE
SOLEShares82.69K
TypeSH
Market value$8.65M
5.08%
Sole
0.00
Shared
0.00
None
82.69K
XENON PHARMACEUTICALS INC
SOLEShares183.70K
TypeSH
Market value$8.23M
4.83%
Sole
0.00
Shared
0.00
None
183.70K
RHYTHM PHARMACEUTICALS INC
SOLEShares67.59K
TypeSH
Market value$7.23M
4.24%
Sole
0.00
Shared
0.00
None
67.59K
STRUCTURE THERAPEUTICS INC
SOLEShares94.44K
TypeSH
Market value$6.57M
3.85%
Sole
0.00
Shared
0.00
None
94.44K
INVENTIVA SA
SOLEShares1.30M
TypeSH
Market value$6.04M
3.54%
Sole
0.00
Shared
0.00
None
1.30M
COMPASS THERAPEUTICS INC
SOLEShares1.11M
TypeSH
Market value$5.98M
3.51%
Sole
0.00
Shared
0.00
None
1.11M
COMPASS PATHWAYS PLC
SOLEShares752.63K
TypeSH
Market value$5.19M
3.05%
Sole
0.00
Shared
0.00
None
752.63K
ORIC PHARMACEUTICALS INC
SOLEShares615.72K
TypeSH
Market value$5.04M
2.95%
Sole
0.00
Shared
0.00
None
615.72K
CRESCENT BIOPHARMA INC.
SOLEShares372.86K
TypeSH
Market value$4.42M
2.59%
Sole
0.00
Shared
0.00
None
372.86K
VAXCYTE INC
SOLEShares95.48K
TypeSH
Market value$4.41M
2.58%
Sole
0.00
Shared
0.00
None
95.48K
EVOMMUNE INC
SOLEShares228.29K
TypeSH
Market value$3.91M
2.29%
Sole
0.00
Shared
0.00
None
228.29K
COGENT BIOSCIENCES INC
SOLEShares95.82K
TypeSH
Market value$3.40M
2.00%
Sole
0.00
Shared
0.00
None
95.82K
DISC MEDICINE INC
SOLEShares42.78K
TypeSH
Market value$3.40M
1.99%
Sole
0.00
Shared
0.00
None
42.78K
OCULIS HOLDING AG
SOLEShares149.75K
TypeSH
Market value$2.99M
1.75%
Sole
0.00
Shared
0.00
None
149.75K
ZAI LAB LTD
SOLEShares163.36K
TypeSH
Market value$2.88M
1.69%
Sole
0.00
Shared
0.00
None
163.36K
KALVISTA PHARMACEUTICALS INC
SOLEShares131.80K
TypeSH
Market value$2.13M
1.25%
Sole
0.00
Shared
0.00
None
131.80K
ADICET BIO INC
SOLEShares157.83K
TypeSH
Market value$1.33M
0.78%
Sole
0.00
Shared
0.00
None
157.83K
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
TERNS PHARMACEUTICALS INCSOLE | COM | 551.19K | SH | $22.27M 13.06% | 0.00 | 0.00 | 551.19K |
PROTAGONIST THERAPEUTICS INCSOLE | COM | 229.62K | SH | $20.05M 11.76% | 0.00 | 0.00 | 229.62K |
VOR BIOPHARMA INCSOLE | COM NEW | 999.97K | SH | $13.08M 7.67% | 0.00 | 0.00 | 999.97K |
ZENAS BIOPHARMA INCSOLE | COM | 321.98K | SH | $11.69M 6.86% | 0.00 | 0.00 | 321.98K |
SHATTUCK LABS INCSOLE | COM | 3.15M | SH | $11.50M 6.74% | 0.00 | 0.00 | 3.15M |
VERASTEM INCSOLE | COM NEW | 1.31M | SH | $10.09M 5.92% | 0.00 | 0.00 | 1.31M |
PALVELLA THERAPEUTICS INC NESOLE | COM | 82.69K | SH | $8.65M 5.08% | 0.00 | 0.00 | 82.69K |
XENON PHARMACEUTICALS INCSOLE | COM | 183.70K | SH | $8.23M 4.83% | 0.00 | 0.00 | 183.70K |
RHYTHM PHARMACEUTICALS INCSOLE | COM | 67.59K | SH | $7.23M 4.24% | 0.00 | 0.00 | 67.59K |
STRUCTURE THERAPEUTICS INCSOLE | SPONSORED ADS | 94.44K | SH | $6.57M 3.85% | 0.00 | 0.00 | 94.44K |
INVENTIVA SASOLE | ADS | 1.30M | SH | $6.04M 3.54% | 0.00 | 0.00 | 1.30M |
COMPASS THERAPEUTICS INCSOLE | COM | 1.11M | SH | $5.98M 3.51% | 0.00 | 0.00 | 1.11M |
COMPASS PATHWAYS PLCSOLE | SPONSORED ADS | 752.63K | SH | $5.19M 3.05% | 0.00 | 0.00 | 752.63K |
ORIC PHARMACEUTICALS INCSOLE | COM | 615.72K | SH | $5.04M 2.95% | 0.00 | 0.00 | 615.72K |
CRESCENT BIOPHARMA INC.SOLE | COM | 372.86K | SH | $4.42M 2.59% | 0.00 | 0.00 | 372.86K |
VAXCYTE INCSOLE | COM | 95.48K | SH | $4.41M 2.58% | 0.00 | 0.00 | 95.48K |
EVOMMUNE INCSOLE | COM SHS | 228.29K | SH | $3.91M 2.29% | 0.00 | 0.00 | 228.29K |
COGENT BIOSCIENCES INCSOLE | COM | 95.82K | SH | $3.40M 2.00% | 0.00 | 0.00 | 95.82K |
DISC MEDICINE INCSOLE | COM | 42.78K | SH | $3.40M 1.99% | 0.00 | 0.00 | 42.78K |
OCULIS HOLDING AGSOLE | ORDINARY SHARES | 149.75K | SH | $2.99M 1.75% | 0.00 | 0.00 | 149.75K |
ZAI LAB LTDSOLE | ADR | 163.36K | SH | $2.88M 1.69% | 0.00 | 0.00 | 163.36K |
KALVISTA PHARMACEUTICALS INCSOLE | COM | 131.80K | SH | $2.13M 1.25% | 0.00 | 0.00 | 131.80K |
ADICET BIO INCSOLE | COM NEW | 157.83K | SH | $1.33M 0.78% | 0.00 | 0.00 | 157.83K |