Filed: 2/17/2026ACC: 0001442756-26-000001
📋 What this filing means
PFM HEALTH SCIENCES, LP filed this quarterly 13F‑HR report disclosing 77 equity positions with a total reported market value of $1.00B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
77
Positions
$1.00B
Total AUM (reported)
28.01M
Total Shares
Allocation by class
COM$654.08M65.2%
COM NEW$122.95M12.3%
SPONSORED ADR$49.97M5.0%
SHS$42.50M4.2%
SPONSORED ADS$32.39M3.2%
CL A$19.80M2.0%
COM STK CL A$18.47M1.8%
Portfolio Concentration
Top 3$198.38M19.8%
4–10$230.98M23.0%
11–25$282.46M28.2%
Rest$291.21M29.0%
Top 3 weight
19.8%
Top 10 weight
42.8%
Voting Authority Distribution
Total shares with voting rights: 28.01M
Sole
Full voting authority
0.00
shares
% of voting shares0.0%
Shared
Joint voting authority
28.01M
shares
% of voting shares100.0%
None
No voting authority
0.00
shares
% of voting shares0.0%
Investment Discretion (by position count)
Sole0
Shared0
Other77
Dominant voting typeShared · 100.0% of voting shares
Institutional Holdings77
Rows:
TENET HEALTHCARE CORP
DFNDShares397.77K
TypeSH
Market value$79.04M
7.88%
Sole
0.00
Shared
397.77K
None
0.00
ELI LILLY & CO
DFNDShares68.29K
TypeSH
Market value$73.39M
7.32%
Sole
0.00
Shared
68.29K
None
0.00
AXSOME THERAPEUTICS INC
DFNDShares251.56K
TypeSH
Market value$45.95M
4.58%
Sole
0.00
Shared
251.56K
None
0.00
CENTENE CORP DEL
DFNDShares1.10M
TypeSH
Market value$45.17M
4.50%
Sole
0.00
Shared
1.10M
None
0.00
PENUMBRA INC
DFNDShares145.17K
TypeSH
Market value$45.14M
4.50%
Sole
0.00
Shared
145.17K
None
0.00
ASCENDIS PHARMA A/S
DFNDShares177.69K
TypeSH
Market value$37.89M
3.78%
Sole
0.00
Shared
177.69K
None
0.00
UNITED THERAPEUTICS CORP DEL
DFNDShares67.74K
TypeSH
Market value$33.01M
3.29%
Sole
0.00
Shared
67.74K
None
0.00
BRIDGEBIO PHARMA INC
DFNDShares306.51K
TypeSH
Market value$23.44M
2.34%
Sole
0.00
Shared
306.51K
None
0.00
ADMA BIOLOGICS INC
DFNDShares1.27M
TypeSH
Market value$23.18M
2.31%
Sole
0.00
Shared
1.27M
None
0.00
NEUROCRINE BIOSCIENCES INC
DFNDShares163.20K
TypeSH
Market value$23.15M
2.31%
Sole
0.00
Shared
163.20K
None
0.00
GLAUKOS CORP
DFNDShares201.68K
TypeSH
Market value$22.77M
2.27%
Sole
0.00
Shared
201.68K
None
0.00
THERMO FISHER SCIENTIFIC INC
DFNDShares37.91K
TypeSH
Market value$21.97M
2.19%
Sole
0.00
Shared
37.91K
None
0.00
EDWARDS LIFESCIENCES CORP
DFNDShares246.84K
TypeSH
Market value$21.04M
2.10%
Sole
0.00
Shared
246.84K
None
0.00
ICON PLC
DFNDShares115.34K
TypeSH
Market value$21.02M
2.10%
Sole
0.00
Shared
115.34K
None
0.00
INHIBRX BIOSCIENCES INC
DFNDShares265.52K
TypeSH
Market value$20.98M
2.09%
Sole
0.00
Shared
265.52K
None
0.00
MEDTRONIC PLC
DFNDShares213.80K
TypeSH
Market value$20.54M
2.05%
Sole
0.00
Shared
213.80K
None
0.00
NEOGENOMICS INC
DFNDShares1.69M
TypeSH
Market value$19.92M
1.99%
Sole
0.00
Shared
1.69M
None
0.00
MERCK & CO INC
DFNDShares187.83K
TypeSH
Market value$19.77M
1.97%
Sole
0.00
Shared
187.83K
None
0.00
AMNEAL PHARMACEUTICALS INC
DFNDShares1.47M
TypeSH
Market value$18.47M
1.84%
Sole
0.00
Shared
1.47M
None
0.00
STRYKER CORPORATION
DFNDShares50.85K
TypeSH
Market value$17.87M
1.78%
Sole
0.00
Shared
50.85K
None
0.00
UNITEDHEALTH GROUP INC
DFNDShares50.54K
TypeSH
Market value$16.68M
1.66%
Sole
0.00
Shared
50.54K
None
0.00
WATERS CORP
DFNDShares43.21K
TypeSH
Market value$16.41M
1.64%
Sole
0.00
Shared
43.21K
None
0.00
ASCENDIS PHARMA A/S
DFNDShares10.65M
TypePRN
Market value$15.13M
1.51%
Sole
0.00
Shared
10.65M
None
0.00
DEXCOM INC
DFNDShares227.36K
TypeSH
Market value$15.09M
1.50%
Sole
0.00
Shared
227.36K
None
0.00
CENTESSA PHARMACEUTICALS PLC
DFNDShares591.60K
TypeSH
Market value$14.80M
1.48%
Sole
0.00
Shared
591.60K
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
TENET HEALTHCARE CORPDFND | COM NEW | 397.77K | SH | $79.04M 7.88% | 0.00 | 397.77K | 0.00 |
ELI LILLY & CODFND | COM | 68.29K | SH | $73.39M 7.32% | 0.00 | 68.29K | 0.00 |
AXSOME THERAPEUTICS INCDFND | COM | 251.56K | SH | $45.95M 4.58% | 0.00 | 251.56K | 0.00 |
CENTENE CORP DELDFND | COM | 1.10M | SH | $45.17M 4.50% | 0.00 | 1.10M | 0.00 |
PENUMBRA INCDFND | COM | 145.17K | SH | $45.14M 4.50% | 0.00 | 145.17K | 0.00 |
ASCENDIS PHARMA A/SDFND | SPONSORED ADR | 177.69K | SH | $37.89M 3.78% | 0.00 | 177.69K | 0.00 |
UNITED THERAPEUTICS CORP DELDFND | COM | 67.74K | SH | $33.01M 3.29% | 0.00 | 67.74K | 0.00 |
BRIDGEBIO PHARMA INCDFND | COM | 306.51K | SH | $23.44M 2.34% | 0.00 | 306.51K | 0.00 |
ADMA BIOLOGICS INCDFND | COM | 1.27M | SH | $23.18M 2.31% | 0.00 | 1.27M | 0.00 |
NEUROCRINE BIOSCIENCES INCDFND | COM | 163.20K | SH | $23.15M 2.31% | 0.00 | 163.20K | 0.00 |
GLAUKOS CORPDFND | COM | 201.68K | SH | $22.77M 2.27% | 0.00 | 201.68K | 0.00 |
THERMO FISHER SCIENTIFIC INCDFND | COM | 37.91K | SH | $21.97M 2.19% | 0.00 | 37.91K | 0.00 |
EDWARDS LIFESCIENCES CORPDFND | COM | 246.84K | SH | $21.04M 2.10% | 0.00 | 246.84K | 0.00 |
ICON PLCDFND | SHS | 115.34K | SH | $21.02M 2.10% | 0.00 | 115.34K | 0.00 |
INHIBRX BIOSCIENCES INCDFND | COM | 265.52K | SH | $20.98M 2.09% | 0.00 | 265.52K | 0.00 |
MEDTRONIC PLCDFND | SHS | 213.80K | SH | $20.54M 2.05% | 0.00 | 213.80K | 0.00 |
NEOGENOMICS INCDFND | COM NEW | 1.69M | SH | $19.92M 1.99% | 0.00 | 1.69M | 0.00 |
MERCK & CO INCDFND | COM | 187.83K | SH | $19.77M 1.97% | 0.00 | 187.83K | 0.00 |
AMNEAL PHARMACEUTICALS INCDFND | COM STK CL A | 1.47M | SH | $18.47M 1.84% | 0.00 | 1.47M | 0.00 |
STRYKER CORPORATIONDFND | COM | 50.85K | SH | $17.87M 1.78% | 0.00 | 50.85K | 0.00 |
UNITEDHEALTH GROUP INCDFND | COM | 50.54K | SH | $16.68M 1.66% | 0.00 | 50.54K | 0.00 |
WATERS CORPDFND | COM | 43.21K | SH | $16.41M 1.64% | 0.00 | 43.21K | 0.00 |
ASCENDIS PHARMA A/SDFND | NOTE 2.250% 4/0 | 10.65M | PRN | $15.13M 1.51% | 0.00 | 10.65M | 0.00 |
DEXCOM INCDFND | COM | 227.36K | SH | $15.09M 1.50% | 0.00 | 227.36K | 0.00 |
CENTESSA PHARMACEUTICALS PLCDFND | SPONSORED ADS | 591.60K | SH | $14.80M 1.48% | 0.00 | 591.60K | 0.00 |
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