Filed: 11/14/2025ACC: 0001802630-25-000018
📋 What this filing means
SOLEUS CAPITAL MANAGEMENT, L.P. filed this quarterly 13F‑HR report disclosing 88 equity positions with a total reported market value of $1.99B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
88
Positions
$1.99B
Total AUM (reported)
135.05M
Total Shares
Allocation by class
COM$1.36B68.3%
COM NEW$164.01M8.3%
ORD SHS$124.61M6.3%
S&P BIOTECH$115.23M5.8%
SPONSORED ADR$77.44M3.9%
ORD$35.35M1.8%
SP ADR REP B NVT$24.90M1.3%
Portfolio Concentration
Top 3$443.36M22.3%
4–10$512.21M25.8%
11–25$571.61M28.8%
Rest$459.27M23.1%
Top 3 weight
22.3%
Top 10 weight
48.1%
Voting Authority Distribution
Total shares with voting rights: 135.05M
Sole
Full voting authority
135.05M
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)
Sole88
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings88
Rows:
KRYSTAL BIOTECH INC
SOLEShares1.02M
TypeSH
Market value$179.85M
9.05%
Sole
1.02M
Shared
0.00
None
0.00
TG THERAPEUTICS INC
SOLEShares3.84M
TypeSH
Market value$138.89M
6.99%
Sole
3.84M
Shared
0.00
None
0.00
NOVOCURE LTD
SOLEShares9.64M
TypeSH
Market value$124.61M
6.27%
Sole
9.64M
Shared
0.00
None
0.00
SPDR SERIES TRUST
SOLEShares1.15M
TypeSH
Market value$115.23M
5.80%
Sole
1.15M
Shared
0.00
None
0.00
ELEVANCE HEALTH INC FORMERLY
SOLEShares259.65K
TypeSH
Market value$83.90M
4.22%
Sole
259.65K
Shared
0.00
None
0.00
BETA BIONICS INC
SOLEShares3.87M
TypeSH
Market value$76.90M
3.87%
Sole
3.87M
Shared
0.00
None
0.00
UNITED THERAPEUTICS CORP DEL
SOLEShares150K
TypeSH
Market value$62.88M
3.17%
Sole
150K
Shared
0.00
None
0.00
TERNS PHARMACEUTICALS INC
SOLEShares8.13M
TypeSH
Market value$61.03M
3.07%
Sole
8.13M
Shared
0.00
None
0.00
CELCUITY INC
SOLEShares1.18M
TypeSH
Market value$58.24M
2.93%
Sole
1.18M
Shared
0.00
None
0.00
INSPIRE MED SYS INC
SOLEShares728.19K
TypeSH
Market value$54.03M
2.72%
Sole
728.19K
Shared
0.00
None
0.00
TWIST BIOSCIENCE CORP
SOLEShares1.87M
TypeSH
Market value$52.52M
2.64%
Sole
1.87M
Shared
0.00
None
0.00
ARGENX SE
SOLEShares69.43K
TypeSH
Market value$51.21M
2.58%
Sole
69.43K
Shared
0.00
None
0.00
ORGANOGENESIS HLDGS INC
SOLEShares12.13M
TypeSH
Market value$51.20M
2.58%
Sole
12.13M
Shared
0.00
None
0.00
BIOMARIN PHARMACEUTICAL INC
SOLEShares890.30K
TypeSH
Market value$48.22M
2.43%
Sole
890.30K
Shared
0.00
None
0.00
CIDARA THERAPEUTICS INC
SOLEShares493.81K
TypeSH
Market value$47.29M
2.38%
Sole
493.81K
Shared
0.00
None
0.00
PRAXIS PRECISION MEDICINES I
SOLEShares859.17K
TypeSH
Market value$45.54M
2.29%
Sole
859.17K
Shared
0.00
None
0.00
AMICUS THERAPEUTICS INC
SOLEShares4.69M
TypeSH
Market value$36.96M
1.86%
Sole
4.69M
Shared
0.00
None
0.00
INDIVIOR PLC
SOLEShares1.47M
TypeSH
Market value$35.35M
1.78%
Sole
1.47M
Shared
0.00
None
0.00
MADRIGAL PHARMACEUTICALS INC
SOLEShares68.34K
TypeSH
Market value$31.34M
1.58%
Sole
68.34K
Shared
0.00
None
0.00
ANI PHARMACEUTICALS INC
SOLEShares340.24K
TypeSH
Market value$31.17M
1.57%
Sole
340.24K
Shared
0.00
None
0.00
SYNDAX PHARMACEUTICALS INC
SOLEShares2.01M
TypeSH
Market value$30.96M
1.56%
Sole
2.01M
Shared
0.00
None
0.00
AXOGEN INC
SOLEShares1.73M
TypeSH
Market value$30.80M
1.55%
Sole
1.73M
Shared
0.00
None
0.00
NEUROPACE INC
SOLEShares2.96M
TypeSH
Market value$30.50M
1.54%
Sole
2.96M
Shared
0.00
None
0.00
GRIFOLS S A
SOLEShares2.50M
TypeSH
Market value$24.90M
1.25%
Sole
2.50M
Shared
0.00
None
0.00
GERON CORP
SOLEShares17.29M
TypeSH
Market value$23.69M
1.19%
Sole
17.29M
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
KRYSTAL BIOTECH INCSOLE | COM | 1.02M | SH | $179.85M 9.05% | 1.02M | 0.00 | 0.00 |
TG THERAPEUTICS INCSOLE | COM | 3.84M | SH | $138.89M 6.99% | 3.84M | 0.00 | 0.00 |
NOVOCURE LTDSOLE | ORD SHS | 9.64M | SH | $124.61M 6.27% | 9.64M | 0.00 | 0.00 |
SPDR SERIES TRUSTSOLE | S&P BIOTECH | 1.15M | SH | $115.23M 5.80% | 1.15M | 0.00 | 0.00 |
ELEVANCE HEALTH INC FORMERLYSOLE | COM | 259.65K | SH | $83.90M 4.22% | 259.65K | 0.00 | 0.00 |
BETA BIONICS INCSOLE | COM | 3.87M | SH | $76.90M 3.87% | 3.87M | 0.00 | 0.00 |
UNITED THERAPEUTICS CORP DELSOLE | COM | 150K | SH | $62.88M 3.17% | 150K | 0.00 | 0.00 |
TERNS PHARMACEUTICALS INCSOLE | COM | 8.13M | SH | $61.03M 3.07% | 8.13M | 0.00 | 0.00 |
CELCUITY INCSOLE | COM | 1.18M | SH | $58.24M 2.93% | 1.18M | 0.00 | 0.00 |
INSPIRE MED SYS INCSOLE | COM | 728.19K | SH | $54.03M 2.72% | 728.19K | 0.00 | 0.00 |
TWIST BIOSCIENCE CORPSOLE | COM | 1.87M | SH | $52.52M 2.64% | 1.87M | 0.00 | 0.00 |
ARGENX SESOLE | SPONSORED ADR | 69.43K | SH | $51.21M 2.58% | 69.43K | 0.00 | 0.00 |
ORGANOGENESIS HLDGS INCSOLE | COM | 12.13M | SH | $51.20M 2.58% | 12.13M | 0.00 | 0.00 |
BIOMARIN PHARMACEUTICAL INCSOLE | COM | 890.30K | SH | $48.22M 2.43% | 890.30K | 0.00 | 0.00 |
CIDARA THERAPEUTICS INCSOLE | COM NEW | 493.81K | SH | $47.29M 2.38% | 493.81K | 0.00 | 0.00 |
PRAXIS PRECISION MEDICINES ISOLE | COM NEW | 859.17K | SH | $45.54M 2.29% | 859.17K | 0.00 | 0.00 |
AMICUS THERAPEUTICS INCSOLE | COM | 4.69M | SH | $36.96M 1.86% | 4.69M | 0.00 | 0.00 |
INDIVIOR PLCSOLE | ORD | 1.47M | SH | $35.35M 1.78% | 1.47M | 0.00 | 0.00 |
MADRIGAL PHARMACEUTICALS INCSOLE | COM | 68.34K | SH | $31.34M 1.58% | 68.34K | 0.00 | 0.00 |
ANI PHARMACEUTICALS INCSOLE | COM | 340.24K | SH | $31.17M 1.57% | 340.24K | 0.00 | 0.00 |
SYNDAX PHARMACEUTICALS INCSOLE | COM | 2.01M | SH | $30.96M 1.56% | 2.01M | 0.00 | 0.00 |
AXOGEN INCSOLE | COM | 1.73M | SH | $30.80M 1.55% | 1.73M | 0.00 | 0.00 |
NEUROPACE INCSOLE | COM | 2.96M | SH | $30.50M 1.54% | 2.96M | 0.00 | 0.00 |
GRIFOLS S ASOLE | SP ADR REP B NVT | 2.50M | SH | $24.90M 1.25% | 2.50M | 0.00 | 0.00 |
GERON CORPSOLE | COM | 17.29M | SH | $23.69M 1.19% | 17.29M | 0.00 | 0.00 |
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