Filed: 11/14/2025ACC: 0001442756-25-000007
📋 What this filing means
PFM HEALTH SCIENCES, LP filed this quarterly 13F‑HR report disclosing 70 equity positions with a total reported market value of $1.30B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
70
Positions
$1.30B
Total AUM (reported)
33.05M
Total Shares
Allocation by class
COM$811.02M62.4%
COM NEW$179.91M13.8%
S&P BIOTECH$71.88M5.5%
SPONSORED ADS$44.69M3.4%
SPONSORED ADR$38.35M2.9%
CL A$30.46M2.3%
SHS$26.10M2.0%
Portfolio Concentration
Top 3$337.40M25.9%
4–10$303.63M23.3%
11–25$326.20M25.1%
Rest$333.28M25.6%
Top 3 weight
25.9%
Top 10 weight
49.3%
Voting Authority Distribution
Total shares with voting rights: 33.05M
Sole
Full voting authority
0.00
shares
% of voting shares0.0%
Shared
Joint voting authority
33.05M
shares
% of voting shares100.0%
None
No voting authority
0.00
shares
% of voting shares0.0%
Investment Discretion (by position count)
Sole0
Shared0
Other70
Dominant voting typeShared · 100.0% of voting shares
Institutional Holdings70
Rows:
ELI LILLY & CO
DFNDShares225.14K
TypeSH
Market value$171.78M
13.21%
Sole
0.00
Shared
225.14K
None
0.00
TENET HEALTHCARE CORP
DFNDShares461.65K
TypeSH
Market value$93.73M
7.21%
Sole
0.00
Shared
461.65K
None
0.00
SPDR SERIES TRUST
DFNDShares717.40K
TypeSH
Market value$71.88M
5.53%
Sole
0.00
Shared
717.40K
None
0.00
AXSOME THERAPEUTICS INC
DFNDShares530.33K
TypeSH
Market value$64.41M
4.95%
Sole
0.00
Shared
530.33K
None
0.00
MCKESSON CORP
DFNDShares72.31K
TypeSH
Market value$55.86M
4.30%
Sole
0.00
Shared
72.31K
None
0.00
PENUMBRA INC
DFNDShares195.09K
TypeSH
Market value$49.42M
3.80%
Sole
0.00
Shared
195.09K
None
0.00
UNITED THERAPEUTICS CORP DEL
DFNDShares95.65K
TypeSH
Market value$40.10M
3.08%
Sole
0.00
Shared
95.65K
None
0.00
INTUITIVE SURGICAL INC
DFNDShares77.40K
TypeSH
Market value$34.62M
2.66%
Sole
0.00
Shared
77.40K
None
0.00
EDWARDS LIFESCIENCES CORP
DFNDShares381.32K
TypeSH
Market value$29.66M
2.28%
Sole
0.00
Shared
381.32K
None
0.00
HUMANA INC
DFNDShares113.65K
TypeSH
Market value$29.57M
2.27%
Sole
0.00
Shared
113.65K
None
0.00
ASCENDIS PHARMA A/S
DFNDShares145.31K
TypeSH
Market value$28.89M
2.22%
Sole
0.00
Shared
145.31K
None
0.00
HCA HEALTHCARE INC
DFNDShares65.77K
TypeSH
Market value$28.03M
2.16%
Sole
0.00
Shared
65.77K
None
0.00
CVS HEALTH CORP
DFNDShares346.68K
TypeSH
Market value$26.14M
2.01%
Sole
0.00
Shared
346.68K
None
0.00
CENCORA INC
DFNDShares80.49K
TypeSH
Market value$25.16M
1.93%
Sole
0.00
Shared
80.49K
None
0.00
OUTSET MED INC
DFNDShares1.73M
TypeSH
Market value$24.43M
1.88%
Sole
0.00
Shared
1.73M
None
0.00
UNIVERSAL HLTH SVCS INC
DFNDShares116.26K
TypeSH
Market value$23.77M
1.83%
Sole
0.00
Shared
116.26K
None
0.00
ICON PLC
DFNDShares133.68K
TypeSH
Market value$23.39M
1.80%
Sole
0.00
Shared
133.68K
None
0.00
CENTENE CORP DEL
DFNDShares574.36K
TypeSH
Market value$20.49M
1.58%
Sole
0.00
Shared
574.36K
None
0.00
MERCK & CO INC
DFNDShares236.47K
TypeSH
Market value$19.85M
1.53%
Sole
0.00
Shared
236.47K
None
0.00
ELEVANCE HEALTH INC FORMERLY
DFNDShares60.78K
TypeSH
Market value$19.64M
1.51%
Sole
0.00
Shared
60.78K
None
0.00
NATERA INC
DFNDShares115.60K
TypeSH
Market value$18.61M
1.43%
Sole
0.00
Shared
115.60K
None
0.00
ADMA BIOLOGICS INC
DFNDShares1.18M
TypeSH
Market value$17.31M
1.33%
Sole
0.00
Shared
1.18M
None
0.00
NEOGENOMICS INC
DFNDShares2.21M
TypeSH
Market value$17.05M
1.31%
Sole
0.00
Shared
2.21M
None
0.00
BRIDGEBIO PHARMA INC
DFNDShares327.17K
TypeSH
Market value$16.99M
1.31%
Sole
0.00
Shared
327.17K
None
0.00
SOLENO THERAPEUTICS INC
DFNDShares243.40K
TypeSH
Market value$16.45M
1.27%
Sole
0.00
Shared
243.40K
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
ELI LILLY & CODFND | COM | 225.14K | SH | $171.78M 13.21% | 0.00 | 225.14K | 0.00 |
TENET HEALTHCARE CORPDFND | COM NEW | 461.65K | SH | $93.73M 7.21% | 0.00 | 461.65K | 0.00 |
SPDR SERIES TRUSTDFND | S&P BIOTECH | 717.40K | SH | $71.88M 5.53% | 0.00 | 717.40K | 0.00 |
AXSOME THERAPEUTICS INCDFND | COM | 530.33K | SH | $64.41M 4.95% | 0.00 | 530.33K | 0.00 |
MCKESSON CORPDFND | COM | 72.31K | SH | $55.86M 4.30% | 0.00 | 72.31K | 0.00 |
PENUMBRA INCDFND | COM | 195.09K | SH | $49.42M 3.80% | 0.00 | 195.09K | 0.00 |
UNITED THERAPEUTICS CORP DELDFND | COM | 95.65K | SH | $40.10M 3.08% | 0.00 | 95.65K | 0.00 |
INTUITIVE SURGICAL INCDFND | COM NEW | 77.40K | SH | $34.62M 2.66% | 0.00 | 77.40K | 0.00 |
EDWARDS LIFESCIENCES CORPDFND | COM | 381.32K | SH | $29.66M 2.28% | 0.00 | 381.32K | 0.00 |
HUMANA INCDFND | COM | 113.65K | SH | $29.57M 2.27% | 0.00 | 113.65K | 0.00 |
ASCENDIS PHARMA A/SDFND | SPONSORED ADR | 145.31K | SH | $28.89M 2.22% | 0.00 | 145.31K | 0.00 |
HCA HEALTHCARE INCDFND | COM | 65.77K | SH | $28.03M 2.16% | 0.00 | 65.77K | 0.00 |
CVS HEALTH CORPDFND | COM | 346.68K | SH | $26.14M 2.01% | 0.00 | 346.68K | 0.00 |
CENCORA INCDFND | COM | 80.49K | SH | $25.16M 1.93% | 0.00 | 80.49K | 0.00 |
OUTSET MED INCDFND | COM NEW | 1.73M | SH | $24.43M 1.88% | 0.00 | 1.73M | 0.00 |
UNIVERSAL HLTH SVCS INCDFND | CL B | 116.26K | SH | $23.77M 1.83% | 0.00 | 116.26K | 0.00 |
ICON PLCDFND | SHS | 133.68K | SH | $23.39M 1.80% | 0.00 | 133.68K | 0.00 |
CENTENE CORP DELDFND | COM | 574.36K | SH | $20.49M 1.58% | 0.00 | 574.36K | 0.00 |
MERCK & CO INCDFND | COM | 236.47K | SH | $19.85M 1.53% | 0.00 | 236.47K | 0.00 |
ELEVANCE HEALTH INC FORMERLYDFND | COM | 60.78K | SH | $19.64M 1.51% | 0.00 | 60.78K | 0.00 |
NATERA INCDFND | COM | 115.60K | SH | $18.61M 1.43% | 0.00 | 115.60K | 0.00 |
ADMA BIOLOGICS INCDFND | COM | 1.18M | SH | $17.31M 1.33% | 0.00 | 1.18M | 0.00 |
NEOGENOMICS INCDFND | COM NEW | 2.21M | SH | $17.05M 1.31% | 0.00 | 2.21M | 0.00 |
BRIDGEBIO PHARMA INCDFND | COM | 327.17K | SH | $16.99M 1.31% | 0.00 | 327.17K | 0.00 |
SOLENO THERAPEUTICS INCDFND | COM | 243.40K | SH | $16.45M 1.27% | 0.00 | 243.40K | 0.00 |
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