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First Light Asset Management, LLC: 13F holdings, Q2 2026

Hedge fund · SEC EDGAR filings (CIK 1600004) · Explore on the interactive board

First Light Asset Management, LLC disclosed 31 US equity positions worth $1.6bn in its Q2 2026 13F filing (holdings as of June 30, 2026, filed August 14, 2026). Its largest position is NEO at 10.9% of the reported book, followed by SIBN, AXGN. The top ten holdings are 60.7% of the book, and the portfolio behaves like about 19 equal-weight positions. Versus the prior filing it opened 2 new positions, added to 17, reduced 12 and exited 6. 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.
$1.6bnreported US equity book
31positions
10.9%largest position
60.7%top 10 weight
19.38effective positions (1/HHI)
2quarters on file since Q1 2026

What does First Light Asset 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: 2 new, 17 added, 12 reduced, 6 exited.

#StockSectorWeightValueSharesΔ sharesAction
1 NEO NEOGENOMICS INC Healthcare 10.9%$179.2m12,279,523 26% added
2 SIBN SI-BONE INC Healthcare 8.1%$132.6m8,127,985 52% added
3 AXGN AXOGEN INC Healthcare 7.7%$126.9m2,748,361 -31% reduced
4 APGE APOGEE THERAPEUTICS INC Healthcare 7.5%$123.5m930,289 61% added
5 PVLA PALVELLA THERAPEUTICS INC Healthcare 7.2%$118.0m771,901 -21% reduced
6 TWST TWIST BIOSCIENCE CORPORATION Healthcare 4.6%$74.9m727,933 -17% reduced
7 ELVN ENLIVEN THERAPEUTICS INC Healthcare 4.2%$69.1m1,360,750 574% added
8 GH GUARDANT HEALTH Healthcare 4.0%$66.3m441,586 58% added
9 MASS 908 DEVICES INC 3.3%$54.7m6,282,804 3% added
10 AMLX AMYLYX PHARMACEUTICALS INC Healthcare 3.3%$54.3m3,023,256 -5% reduced
11 WGS GENEDX HOLDINGS CORP Healthcare 3.3%$53.8m783,923 223% added
12 SLP SIMULATIONS PLUS INC Healthcare 3.1%$51.1m2,792,677 6% added
13 TNDM TANDEM DIABETES CARE INC Healthcare 3.1%$51.1m3,383,553 157% added
14 CRNXGBP CRINETICS PHARMACEUTICALS INC 3.1%$50.9m1,360,866 25% added
15 NPCE NEUROPACE INC 2.8%$45.5m2,861,167 16% added
16 EWTX EDGEWISE THERAPEUTICS INC Healthcare 2.7%$44.5m1,095,171 9% added
17 ANAB ANAPTYS BIO INC Healthcare 2.4%$39.3m582,004 3% added
18 TRVI TREVI THERAPEUTICS INC Healthcare 2.4%$39.1m2,097,215 new
19 SEPN SEPTERNA INC Healthcare 2.0%$32.3m963,260 31% added
20 TLSI TRISALUS LIFE SCIENCES INC 1.8%$29.8m6,552,491 29% added
21 TECX TECTONIC THERAPEUTICS INC Healthcare 1.7%$27.5m800,726 24% added
22 HCAT HEALTH CATALYST INC Healthcare 1.5%$25.5m12,810,861 -1% reduced
23 BFLY BUTTERFLY NETWORK INC Healthcare 1.4%$22.2m2,642,404 -1% reduced
24 ESTA ESTABLISHMENT LABS HOLDINGS Healthcare 1.3%$21.2m246,577 -20% reduced
25 PCVX VAXCYTE INC Healthcare 1.2%$20.1m345,157 143% added
26 IRTC IRHYTHM TECHNOLOGIES Healthcare 1.2%$19.9m167,092 -1% reduced
27 OMCL OMNICELL INC Healthcare 1.1%$18.8m452,324 -8% reduced
28 ATRC ATRICURE INC Healthcare 1.0%$15.9m567,838 -22% reduced
29 KRMD KORU MEDICAL SYSTEMS INC 0.9%$14.2m3,387,902 -10% reduced
30 TCMD TACTILE SYSTEMS TECHNOLOGY INC Healthcare 0.8%$13.8m462,562 new
31 RYTM RHYTHM PHARMACEUTICALS INC Healthcare 0.6%$9.5m85,765 -2% reduced

What did First Light Asset Management, LLC sell? Positions exited since the previous filing

StockPrior weightPrior value
CNTA CENTESSA PHARMACEUTICALS LIMITED52.9%$62.0m
WVE WAVE LIFE SCIENCES LTD11.4%$13.4m
VERA VERA THERAPEUTICS INC10.8%$12.6m
MDXG MIMEDX GROUP INC9.6%$11.2m
SPYGLASS PHARMA INC8.3%$9.7m
ORGO ORGANOGENESIS HOLDINGS INC7.1%$8.3m

Sector mix

SectorWeight
Healthcare88.1%

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

Filing history

QuarterPositionsEquity value
Q2 202631$1.6bn
Q1 202635$1.1bn

How concentrated is First Light Asset Management, LLC's portfolio?

Across every quarter First Light Asset Management, LLC has filed, its median largest position is 11.4% of the book and its median top-ten weight is 60.3%, which WhaleCreep classifies as concentrated (the gate is a median largest position of 5%). Of 6.0 completed holding spells, the median lasted 1.0 quarters; 31.0 positions are still open and their final length is unknown.