Filed: 11/14/2025ACC: 0001826434-25-000008
📋 What this filing means
TRI LOCUM PARTNERS LP filed this quarterly 13F‑HR report disclosing 18 equity positions with a total reported market value of $435.05M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
18
Positions
$435.05M
Total AUM (reported)
5.47M
Total Shares
Allocation by class
COM$310.02M71.3%
SPONSORED ADR$66.78M15.3%
CL A$34.59M8.0%
COM SHS$11.07M2.5%
ORD SHS$8.57M2.0%
COM NEW$4.03M0.9%
Portfolio Concentration
Top 3$144.88M33.3%
4–10$219.11M50.4%
11–25$71.07M16.3%
Top 3 weight
33.3%
Top 10 weight
83.7%
Voting Authority Distribution
Total shares with voting rights: 5.47M
Sole
Full voting authority
5.47M
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)
Sole18
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings18
Rows:
JOHNSON & JOHNSON
SOLEShares302.83K
TypeSH
Market value$56.15M
12.91%
Sole
302.83K
Shared
0.00
None
0.00
UNITED THERAPEUTICS CORP DEL
SOLEShares122.19K
TypeSH
Market value$51.22M
11.77%
Sole
122.19K
Shared
0.00
None
0.00
MERCK & CO INC
SOLEShares446.87K
TypeSH
Market value$37.51M
8.62%
Sole
446.87K
Shared
0.00
None
0.00
AXSOME THERAPEUTICS INC
SOLEShares292.14K
TypeSH
Market value$35.48M
8.16%
Sole
292.14K
Shared
0.00
None
0.00
ASCENDIS PHARMA A/S
SOLEShares174.83K
TypeSH
Market value$34.76M
7.99%
Sole
174.83K
Shared
0.00
None
0.00
VERA THERAPEUTICS INC
SOLEShares1.19M
TypeSH
Market value$34.59M
7.95%
Sole
1.19M
Shared
0.00
None
0.00
ARGENX SE
SOLEShares43.41K
TypeSH
Market value$32.02M
7.36%
Sole
43.41K
Shared
0.00
None
0.00
MADRIGAL PHARMACEUTICALS INC
SOLEShares67.71K
TypeSH
Market value$31.05M
7.14%
Sole
67.71K
Shared
0.00
None
0.00
SOLENO THERAPEUTICS INC
SOLEShares450.58K
TypeSH
Market value$30.46M
7.00%
Sole
450.58K
Shared
0.00
None
0.00
ABBVIE INC
SOLEShares89.62K
TypeSH
Market value$20.75M
4.77%
Sole
89.62K
Shared
0.00
None
0.00
KORRO BIO INC
SOLEShares337.76K
TypeSH
Market value$16.18M
3.72%
Sole
337.76K
Shared
0.00
None
0.00
XENON PHARMACEUTICALS INC
SOLEShares366.10K
TypeSH
Market value$14.70M
3.38%
Sole
366.10K
Shared
0.00
None
0.00
AVADEL PHARMACEUTICALS PLC
SOLEShares724.86K
TypeSH
Market value$11.07M
2.54%
Sole
724.86K
Shared
0.00
None
0.00
STEVANATO GROUP S P A
SOLEShares332.91K
TypeSH
Market value$8.57M
1.97%
Sole
332.91K
Shared
0.00
None
0.00
DIANTHUS THERAPEUTICS INC
SOLEShares182.87K
TypeSH
Market value$7.20M
1.65%
Sole
182.87K
Shared
0.00
None
0.00
TARSUS PHARMACEUTICALS INC
SOLEShares119.26K
TypeSH
Market value$7.09M
1.63%
Sole
119.26K
Shared
0.00
None
0.00
PRAXIS PRECISION MEDICINES I
SOLEShares75.99K
TypeSH
Market value$4.03M
0.93%
Sole
75.99K
Shared
0.00
None
0.00
BIOHAVEN LTD
SOLEShares149.18K
TypeSH
Market value$2.24M
0.51%
Sole
149.18K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
JOHNSON & JOHNSONSOLE | COM | 302.83K | SH | $56.15M 12.91% | 302.83K | 0.00 | 0.00 |
UNITED THERAPEUTICS CORP DELSOLE | COM | 122.19K | SH | $51.22M 11.77% | 122.19K | 0.00 | 0.00 |
MERCK & CO INCSOLE | COM | 446.87K | SH | $37.51M 8.62% | 446.87K | 0.00 | 0.00 |
AXSOME THERAPEUTICS INCSOLE | COM | 292.14K | SH | $35.48M 8.16% | 292.14K | 0.00 | 0.00 |
ASCENDIS PHARMA A/SSOLE | SPONSORED ADR | 174.83K | SH | $34.76M 7.99% | 174.83K | 0.00 | 0.00 |
VERA THERAPEUTICS INCSOLE | CL A | 1.19M | SH | $34.59M 7.95% | 1.19M | 0.00 | 0.00 |
ARGENX SESOLE | SPONSORED ADR | 43.41K | SH | $32.02M 7.36% | 43.41K | 0.00 | 0.00 |
MADRIGAL PHARMACEUTICALS INCSOLE | COM | 67.71K | SH | $31.05M 7.14% | 67.71K | 0.00 | 0.00 |
SOLENO THERAPEUTICS INCSOLE | COM | 450.58K | SH | $30.46M 7.00% | 450.58K | 0.00 | 0.00 |
ABBVIE INCSOLE | COM | 89.62K | SH | $20.75M 4.77% | 89.62K | 0.00 | 0.00 |
KORRO BIO INCSOLE | COM | 337.76K | SH | $16.18M 3.72% | 337.76K | 0.00 | 0.00 |
XENON PHARMACEUTICALS INCSOLE | COM | 366.10K | SH | $14.70M 3.38% | 366.10K | 0.00 | 0.00 |
AVADEL PHARMACEUTICALS PLCSOLE | COM SHS | 724.86K | SH | $11.07M 2.54% | 724.86K | 0.00 | 0.00 |
STEVANATO GROUP S P ASOLE | ORD SHS | 332.91K | SH | $8.57M 1.97% | 332.91K | 0.00 | 0.00 |
DIANTHUS THERAPEUTICS INCSOLE | COM | 182.87K | SH | $7.20M 1.65% | 182.87K | 0.00 | 0.00 |
TARSUS PHARMACEUTICALS INCSOLE | COM | 119.26K | SH | $7.09M 1.63% | 119.26K | 0.00 | 0.00 |
PRAXIS PRECISION MEDICINES ISOLE | COM NEW | 75.99K | SH | $4.03M 0.93% | 75.99K | 0.00 | 0.00 |
BIOHAVEN LTDSOLE | COM | 149.18K | SH | $2.24M 0.51% | 149.18K | 0.00 | 0.00 |