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Adar1 Capital Management, LLC: 13F holdings, Q2 2026

Hedge fund · SEC EDGAR filings (CIK 1940272) · Explore on the interactive board

Adar1 Capital Management, LLC disclosed 267 US equity positions worth $2.1bn in its Q2 2026 13F filing (holdings as of June 30, 2026, filed August 14, 2026). Its largest position is ABVX at 11.3% of the reported book, followed by PTGX, ROIV. The top ten holdings are 41.9% of the book, and the portfolio behaves like about 35 equal-weight positions. Versus the prior filing it opened 44 new positions, added to 94, reduced 63 and exited 25. Note: this manager's most recent filing is 3934 quarters behind the newest quarter on file, so these figures are history rather than current positioning.

This manager's most recent filing is 3934 quarter(s) behind the newest quarter on file. Treat these figures as history, not current positioning.
$2.1bnreported US equity book
267positions
11.3%largest position
41.9%top 10 weight
34.87effective positions (1/HHI)
2quarters on file since Q1 2026

What does Adar1 Capital Management, LLC own? Top holdings as of June 30, 2026

Change is measured in shares against the previous filing (Q1 2026), so price moves do not read as decisions. This quarter: 44 new, 94 added, 63 reduced, 25 exited.

#StockSectorWeightValueSharesΔ sharesAction
1 ABVX ABIVAX SA Healthcare 11.3%$240.5m1,804,703 29% added
2 PTGX PROTAGONIST THERAPEUTICS INC Healthcare 5.5%$117.8m960,863 -3% reduced
3 ROIV ROIVANT SCIENCES LTD Healthcare 5.3%$111.7m3,157,008 -4% reduced
4 SPY STATE STR SPDR S&P 500 ETF T 4.5%$96.4m129,087 70% added
5 IMVT IMMUNOVANT INC Healthcare 4.2%$89.8m2,330,716 -13% reduced
6 ZLAB ZAI LAB LTD Healthcare 3.0%$64.0m3,369,034 136% added
7 AGIO AGIOS PHARMACEUTICALS INC Healthcare 2.2%$47.8m1,288,053 816% added
8 CRNXGBP CRINETICS PHARMACEUTICALS IN 2.1%$45.7m1,222,080 7% added
9 BOXX EA SERIES TRUST 1.9%$39.5m337,125 0% held
10 CYTK CYTOKINETICS INC Healthcare 1.8%$39.0m457,907 -28% reduced
11 SEPN SEPTERNA INC Healthcare 1.5%$31.5m940,747 -14% reduced
12 AVR ANTERIS TECHNOLOGIES GLOBAL 1.5%$31.0m3,145,096 -17% reduced
13 EDIT EDITAS MEDICINE INC Healthcare 1.4%$28.8m8,889,000 new
14 DNLI DENALI THERAPEUTICS INC Healthcare 1.2%$26.5m1,029,080 -45% reduced
15 SYRE SPYRE THERAPEUTICS INC Healthcare 1.2%$25.2m283,982 -16% reduced
16 VIR VIR BIOTECHNOLOGY INC Healthcare 1.2%$25.0m2,456,677 -10% reduced
17 PRAX PRAXIS PRECISION MEDICINES I Healthcare 1.2%$24.9m74,253 4850% added
18 INSM INSMED INC Healthcare 1.1%$24.4m228,520 546% added
19 CLDX CELLDEX THERAPEUTICS INC NEW Healthcare 1.1%$23.1m619,542 45% added
20 VKTX VIKING THERAPEUTICS INC Healthcare 1.1%$22.4m574,038 152% added
21 TSHA TAYSHA GENE THERAPIES INC Healthcare 1.0%$20.7m3,040,466 2% added
22 MNPR MONOPAR THERAPEUTICS INC 0.9%$20.1m217,595 -18% reduced
23 OVID OVID THERAPEUTICS INC Healthcare 0.9%$20.0m7,417,479 63% added
24 ELVN ENLIVEN THERAPEUTICS INC Healthcare 0.9%$19.7m387,718 18% added
25 ENTA ENANTA PHARMACEUTICALS INC Healthcare 0.9%$19.6m1,344,510 2518% added
26 NKTR NEKTAR THERAPEUTICS Healthcare 0.8%$17.0m244,184 51% added
27 INSP INSPIRE MED SYS INC Healthcare 0.8%$16.7m374,617 -8% reduced
28 RVMD REVOLUTION MEDICINES INC Healthcare 0.8%$16.4m87,509 -35% reduced
29 ESTA ESTABLISHMENT LABS HLDGS INC Healthcare 0.7%$15.9m185,619 -13% reduced
30 PRTA PROTHENA CORP PLC Healthcare 0.7%$15.2m1,554,535 -2% reduced
31 RYTM RHYTHM PHARMACEUTICALS INC Healthcare 0.7%$15.1m136,158 -36% reduced
32 IKT INHIBIKASE THERAPEUTICS INC 0.7%$15.0m7,387,205 12% added
33 UNIQURE NV 0.7%$15.0m324,672 326% added
34 RLYB RALLYBIO CORP 0.7%$14.8m926,352 4411% added
35 REGN REGENERON PHARMACEUTICALS Healthcare 0.7%$13.8m22,208 83% added
36 IVA INVENTIVA SA 0.6%$13.6m3,606,656 66% added
37 STRO SUTRO BIOPHARMA INC Healthcare 0.6%$13.4m404,014 -23% reduced
38 IONS IONIS PHARMACEUTICALS INC Healthcare 0.6%$13.2m166,286 4% added
39 BBIO BRIDGEBIO PHARMA INC Healthcare 0.6%$13.2m176,689 87% added
40 SRPT SAREPTA THERAPEUTICS INC Healthcare 0.6%$13.1m730,649 179% added
41 CTMX CYTOMX THERAPEUTICS INC. Healthcare 0.6%$12.6m3,365,118 -1% reduced
42 VOR VOR BIOPHARMA INC Healthcare 0.6%$12.5m680,626 new
43 BIL SPDR SERIES TRUST 0.6%$12.4m135,585 0% held
44 EQ EQUILLIUM INC 0.6%$12.0m3,758,569 1% added
45 ANL ADLAI NORTYE LTD 0.6%$11.7m1,017,805 763% added
46 CLYM CLIMB BIO INC Healthcare 0.5%$10.7m822,649 38% added
47 HELIX ACQUISITION CORP III 0.5%$10.6m1,000,000 0% held
48 ZURA ZURA BIO LTD Healthcare 0.5%$10.4m1,759,295 179% added
49 OKUR ONKURE THERAPEUTICS INC 0.5%$10.2m2,238,684 -8% reduced
50 MAZE MAZE THERAPEUTICS INC Healthcare 0.5%$10.1m339,276 577% added

What did Adar1 Capital Management, LLC sell? Positions exited since the previous filing

StockPrior weightPrior value
430 TERNS PHARMACEUTICALS INC26.8%$48.2m
BEAM BEAM THERAPEUTICS INC19.2%$34.5m
SRRK SCHOLAR ROCK HLDG CORP11.1%$20.0m
VRTX VERTEX PHARMACEUTICALS INC3.7%$6.7m
VRDN VIRIDIAN THERAPEUTICS INC3.3%$6.0m
ASND ASCENDIS PHARMA A/S3.2%$5.7m
LLY ELI LILLY & CO2.6%$4.7m
DNTH DIANTHUS THERAPEUTICS INC2.6%$4.6m
BLTE BELITE BIO INC2.4%$4.3m
ACLXGBX ARCELLX INC2.0%$3.7m
AVBP ARRIVENT BIOPHARMA INC1.8%$3.3m
APLSUSD APELLIS PHARMACEUTICALS INC1.6%$2.9m
MASI* MASIMO CORP1.5%$2.7m
TFX TELEFLEX INCORPORATED1.4%$2.5m
BIOA BIOAGE LABS INC1.3%$2.4m
ALKS ALKERMES PLC0.9%$1.6m
SLNOEUR SOLENO THERAPEUTICS INC0.9%$1.6m
CNTA CENTESSA PHARMACEUTICALS PLC0.9%$1.5m
AM6 AMICUS THERAPEUTIC0.8%$1.5m
UNH UNITEDHEALTH GROUP INC0.8%$1.5m
SXT SENSIENT TECHNOLOGIES CORP0.7%$1.3m
SDGR SCHRODINGER INC0.6%$1.2m
FDMT 4D MOLECULAR THERAPEUTICS IN0.6%$1.1m
DAWNGBX DAY ONE BIOPHARMACEUTICALS I0.6%$1.1m
BMY BRISTOL-MYERS SQUIBB CO0.6%$1.1m

Sector mix

SectorWeight
Healthcare73.5%
Financial Services0.3%
Real Estate0.0%
Communication Services0.0%
Consumer Cyclical0.0%

Sectors cover positions whose ticker resolved to a sector; the remainder is unclassified, not cash.

Filing history

QuarterPositionsEquity value
Q2 2026267$2.1bn
Q1 2026294$1.7bn

How concentrated is Adar1 Capital Management, LLC's portfolio?

Across every quarter Adar1 Capital Management, LLC has filed, its median largest position is 10.3% of the book and its median top-ten weight is 41.2%, which WhaleCreep classifies as concentrated (the gate is a median largest position of 5%). Of 69.0 completed holding spells, the median lasted 1.0 quarters; 265.0 positions are still open and their final length is unknown.