Avidity Partners Management LP 13F holdings, Q1 2026
Avidity Partners Management LP disclosed 45 US equity positions worth $493.8m in its Q1 2026 13F filing. Its largest position is DNTH at 35.8% of the reported book, followed by CGON and ORKA. Versus Q4 2025 it opened 21 new positions, added to 11, reduced 10 and exited 15.
- $494m
- Reported equity book Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
- 45
- Positions Distinct securities in the equity book with a reported value above zero. Options are excluded.
- 35.8%
- Largest position The largest single position as a share of the reported equity book.
- 82.3%
- Top 10 weight The ten largest positions together, as a share of the reported equity book.
- 6
- Effective positions 1 / HHI of portfolio weights: the number of equal-weight positions the book behaves like.
- 27
- Quarters on file since Q4 2019 Quarters for which this manager's 13F holdings are on record.
Holdings
Against Q4 2025: 21 new, 11 added, 10 reduced, 15 exited
| DNTH DIANTHUS THERAPEUTICS INC | 35.8% | 0.0% | held |
| CGON CG ONCOLOGY INC | 17.7% | −12% | reduced |
| ORKA ORUKA THERAPEUTICS INC | 7.6% | +15% | added |
| CATX PERSPECTIVE THERAPEUTICS INC | 5.1% | +88% | added |
| JBIO JADE BIOSCIENCES INC | 4.0% | 0.0% | held |
| ELVN ENLIVEN THERAPEUTICS INC | 3.2% | +185% | added |
| TEVA TEVA PHARMACEUTICAL INDS LTD | 2.7% | +7.9% | added |
| CNTX CONTEXT THERAPEUTICS INC | 2.7% | −9.2% | reduced |
| RGEN REPLIGEN CORP | 1.9% | +55% | added |
| PVLA PALVELLA THERAPEUTICS INC NE | 1.8% | +263% | added |
| MDT Medtronic Plc | 1.8% | −7.1% | reduced |
| VIR VIR BIOTECHNOLOGY INC | 1.7% | – | new |
| AKTS AKTIS ONCOLOGY INC | 1.7% | – | new |
| IMUX IMMUNIC INC | 1.5% | +43% | added |
| DXCM DEXCOM INC | 1.1% | – | new |
| EHC ENCOMPASS HEALTH CORP | 0.8% | +33% | added |
| BSX BOSTON SCIENTIFIC CORP | 0.8% | −48% | reduced |
| TENX TENAX THERAPEUTICS INC | 0.7% | – | new |
| GILD GILEAD SCIENCES INC | 0.6% | – | new |
| PHAT PHATHOM PHARMACEUTICALS INC | 0.6% | +21% | added |
| KPTI KARYOPHARM THERAPEUTICS INC | 0.5% | +245% | added |
| CNC CENTENE CORP DEL | 0.5% | −41% | reduced |
| MSLE SATELLOS BIOSCIENCE INC | 0.4% | – | new |
| SCYX SCYNEXIS INC | 0.4% | 0.0% | held |
| NTRA NATERA INC | 0.4% | −24% | reduced |
| ICLR ICON PLC | 0.4% | −52% | reduced |
| KVUE KENVUE INC | 0.3% | −57% | reduced |
| CRVS CORVUS PHARMACEUTICALS INC | 0.3% | – | new |
| HIMS HIMS & HERS HEALTH INC | 0.3% | – | new |
| RVMD REVOLUTION MEDICINES INC | 0.3% | – | new |
| GPCR STRUCTURE THERAPEUTICS INC | 0.3% | – | new |
| GMAB GENMAB A/S | 0.3% | −46% | reduced |
| CORT CORCEPT THERAPEUTICS INC | 0.2% | +36% | added |
| TEM TEMPUS AI INC | 0.2% | – | new |
| ABVX ABIVAX SA | 0.2% | – | new |
| UNH UNITEDHEALTH GROUP INC | 0.2% | – | new |
| NTLA INTELLIA THERAPEUTICS INC | 0.2% | – | new |
| ODD ODDITY TECH LTD | 0.2% | – | new |
| MLTX MOONLAKE IMMUNOTHERAPEUTICS | 0.2% | – | new |
| PTON PELOTON INTERACTIVE INC | 0.2% | – | new |
| AVR ANTERIS TECHNOLOGIES GLOBAL | 0.2% | – | new |
| ABUS ARBUTUS BIOPHARMA CORP | 0.1% | – | new |
| BBOT BRIDGEBIO ONCOLOGY THERAPEUT | 0.08% | – | new |
| ACAD ACADIA PHARMACEUTICALS INC | 0.06% | −88% | reduced |
| TRVI TREVI THERAPEUTICS INC | 0.02% | – | new |
Exited since Q4 2025
| ALNY ALNYLAM PHARMACEUTICALS INC | 2.4% | $8.4m |
| MCK MCKESSON CORP | 2.3% | $7.8m |
| A AGILENT TECHNOLOGIES INC | 1.6% | $5.6m |
| PFE PFIZER INC | 1.5% | $5.1m |
| DHR DANAHER CORP DEL | 1.1% | $3.9m |
| TMO THERMO FISHER SCIENTIFIC INC | 1.1% | $3.9m |
| NVO NOVO-NORDISK A S | 1.0% | $3.4m |
| CI THE CIGNA GROUP | 0.9% | $3.2m |
| COR CENCORA INC | 0.9% | $3.2m |
| INSM INSMED INC | 0.9% | $3.1m |
| WAT WATERS CORP | 0.9% | $3.1m |
| ACHC ACADIA HEALTHCARE COMPANY IN | 0.7% | $2.4m |
| ITGR INTEGER HLDGS CORP | 0.7% | $2.3m |
| HQY HEALTHEQUITY INC | 0.4% | $1.5m |
| IQV IQVIA HLDGS INC | 0.3% | $992k |
Sector mix
Book over time
Every quarter on file (27)
| Quarter | Positions | Equity book |
|---|---|---|
| Q2 2026 | 45 | $624m |
| Q1 2026 | 45 | $494m |
| Q4 2025 | 39 | $347m |
| Q3 2025 | 43 | $439m |
| Q2 2025 | 55 | $499m |
| Q1 2025 | 63 | $485m |
| Q4 2024 | 61 | $1.0bn |
| Q3 2024 | 81 | $2.0bn |
| Q2 2024 | 85 | $2.4bn |
| Q1 2024 | 87 | $2.8bn |
| Q4 2023 | 72 | $2.6bn |
| Q3 2023 | 83 | $2.5bn |
| Q2 2023 | 93 | $2.9bn |
| Q1 2023 | 83 | $3.0bn |
| Q4 2022 | 84 | $4.3bn |
| Q3 2022 | 96 | $4.6bn |
| Q2 2022 | 82 | $4.4bn |
| Q1 2022 | 91 | $4.5bn |
| Q4 2021 | 97 | $4.7bn |
| Q3 2021 | 103 | $3.9bn |
| Q2 2021 | 112 | $3.7bn |
| Q1 2021 | 93 | $3.6bn |
| Q4 2020 | 94 | $3.0bn |
| Q3 2020 | 66 | $1.9bn |
| Q2 2020 | 57 | $1.6bn |
| Q1 2020 | 49 | $698m |
| Q4 2019 | 33 | $159m |
Where Avidity Partners Management LP was early
| BTAI BIOXCEL THERAPEUTICS INC | Q1 2020 | 2 of 56 | 0.7% | Exited by Q1 2021 | +3.4% |
| ALEC ALECTOR INC | Q1 2020 | 5 of 87 | 2.5% | Exited by Q3 2020 | +1.3% |
| VSTM VERASTEM INC | Q1 2020 | 5 of 100 | 1.1% | Exited by Q3 2020 | −35% |
| AXSM AXSOME THERAPEUTICS INC | Q1 2020 | 8 of 141 | 1.7% | Exited by Q3 2025 | +77% |
| IDYA IDEAYA BIOSCIENCES INC | Q2 2020 | 1 of 108 | 1.2% | Exited by Q2 2025 | +15% |
| ZNTL ZENTALIS PHARMACEUTICALS INC | Q2 2020 | 3 of 87 | 2.1% | Exited by Q4 2023 | −58% |
| VIR VIR BIOTECHNOLOGY INC | Q2 2020 | 4 of 114 | 1.6% | Held at last filing, Q2 2026 | −75% |
| LEGN LEGEND BIOTECH CORP | Q2 2020 | 5 of 121 | 0.3% | Held at last filing, Q2 2026 | −32% |
| NTLA INTELLIA THERAPEUTICS INC | Q2 2020 | 6 of 129 | 0.6% | Held at last filing, Q2 2026 | −20% |
| SNDX SYNDAX PHARMACEUTICALS INC | Q2 2020 | 6 of 127 | 1.5% | Exited by Q3 2025 | −37% |
| ARVN ARVINAS INC | Q2 2020 | 8 of 121 | 2.3% | Exited by Q4 2025 | −75% |
| AVTR AVANTOR INC | Q2 2020 | 9 of 184 | 1.8% | Exited by Q2 2025 | −4.7% |
| NBP I MAB | Q3 2020 | 2 of 66 | 3.4% | Exited by Q4 2021 | +54% |
| NTRA NATERA INC | Q3 2020 | 10 of 167 | 2.0% | Exited by Q2 2026 | +177% |
| MRVI MARAVAI LIFESCIENCES HLDGS I | Q4 2020 | 1 of 116 | 3.2% | Exited by Q3 2021 | +49% |
| ATEC ALPHATEC HLDGS INC | Q4 2020 | 3 of 102 | 0.9% | Exited by Q4 2023 | −11% |
| ORGO ORGANOGENESIS HLDGS INC | Q4 2020 | 3 of 67 | 1.4% | Exited by Q2 2021 | +142% |
| SHC SOTERA HEALTH CO | Q4 2020 | 3 of 132 | 0.6% | Exited by Q1 2022 | −14% |
| STTK SHATTUCK LABS INC | Q4 2020 | 3 of 65 | 1.7% | Exited by Q1 2022 | −84% |
| SGRY SURGERY PARTNERS INC | Q4 2020 | 5 of 132 | 0.5% | Exited by Q1 2025 | −27% |
| IMCR IMMUNOCORE HLDGS PLC | Q1 2021 | 2 of 97 | 0.7% | Exited by Q4 2024 | −27% |
| NUVB NUVATION BIO INC | Q1 2021 | 3 of 97 | 2.2% | Exited by Q3 2022 | −69% |
| ACET ADICET BIO INC | Q1 2021 | 7 of 72 | 0.8% | Exited by Q2 2022 | +53% |
| CGEM CULLINAN THERAPEUTICS INC | Q1 2021 | 9 of 92 | 0.8% | Exited by Q4 2024 | −60% |
| BBIO BRIDGEBIO PHARMA INC | Q1 2021 | 13 of 174 | 1.4% | Held at last filing, Q2 2026 | +21% |
| CMPS COMPASS PATHWAYS PLC | Q2 2021 | 4 of 107 | 1.0% | Exited by Q4 2021 | −22% |
| DOCS DOXIMITY INC | Q2 2021 | 8 of 133 | 0.2% | Exited by Q3 2025 | +5.4% |
| STVN STEVANATO GROUP S P A | Q3 2021 | 2 of 62 | 1.6% | Exited by Q1 2022 | −11% |
| CRBU CARIBOU BIOSCIENCES INC | Q3 2021 | 4 of 73 | 1.5% | Exited by Q2 2024 | −78% |
| ALT ALTIMMUNE INC | Q3 2021 | 8 of 104 | 0.6% | Exited by Q3 2025 | −66% |
| KYMR KYMERA THERAPEUTICS INC | Q3 2021 | 9 of 98 | 0.8% | Exited by Q1 2025 | −32% |
| RARE ULTRAGENYX PHARMACEUTICAL IN | Q3 2021 | 9 of 151 | 1.0% | Exited by Q3 2025 | −60% |
| RVMD REVOLUTION MEDICINES INC | Q2 2022 | 8 of 164 | 0.6% | Exited by Q2 2026 | +399% |
| PLRX PLIANT THERAPEUTICS INC | Q3 2022 | 10 of 103 | 0.9% | Exited by Q3 2023 | −13% |
| TMDX TRANSMEDICS GROUP INC | Q3 2022 | 10 of 108 | 0.3% | Exited by Q1 2025 | +49% |
| PCVX VAXCYTE INC | Q3 2022 | 13 of 121 | 0.3% | Exited by Q2 2025 | +57% |
| BHVN BIOHAVEN LTD | Q4 2022 | 9 of 126 | 0.5% | Exited by Q2 2025 | +73% |
| ICLR ICON PLC | Q4 2022 | 15 of 161 | 1.0% | Exited by Q2 2026 | −43% |
| GPCR STRUCTURE THERAPEUTICS INC | Q2 2023 | 9 of 114 | 0.06% | Held at last filing, Q2 2026 | +29% |
| MLTX MOONLAKE IMMUNOTHERAPEUTICS | Q2 2023 | 11 of 121 | 0.7% | Exited by Q2 2026 | −63% |
| NMRA NEUMORA THERAPEUTICS INC. | Q3 2023 | 3 of 75 | 1.0% | Exited by Q4 2024 | −6.4% |
| DNTH DIANTHUS THERAPEUTICS INC | Q3 2023 | 5 of 97 | 0.7% | Held at last filing, Q2 2026 | +613% |
| CGON CG ONCOLOGY INC | Q1 2024 | 2 of 88 | 2.3% | Held at last filing, Q2 2026 | +62% |
| JANX JANUX THERAPEUTICS INC | Q1 2024 | 9 of 109 | 0.5% | Exited by Q2 2025 | −28% |
| ORKA ORUKA THERAPEUTICS INC | Q3 2024 | 7 of 83 | 1.0% | Held at last filing, Q2 2026 | +288% |
| JBIO JADE BIOSCIENCES INC | Q2 2025 | 2 of 52 | 2.3% | Held at last filing, Q2 2026 | +122% |
Concentration and tenure
- 6.2%
- Median largest position, all quarters The largest single position as a share of the reported equity book.
- 39.7%
- Median top 10 weight, all quarters The ten largest positions together, as a share of the reported equity book.
- Concentrated
- Style, by median largest position
- 2
- Median completed holding, quarters