First Light Asset Management, LLC 13F holdings, Q1 2025
Holdings as of March 31, 2025 · filings on SEC EDGAR · latest filing →
First Light Asset Management, LLC disclosed 37 US equity positions worth $875.7m in its Q1 2025 13F filing. The largest position was ANAB at 9.8% of the reported book, followed by AXGN and CNTA. Against the Q4 2024 filing, it opened 6 new positions, added to 11 and reduced 19 among the top 37 holdings.
What did First Light Asset Management, LLC own in Q1 2025? Top 37 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2024 |
|---|---|---|---|---|---|---|---|
| 1 | ANAB ANAPTYSBIO INC | Healthcare | 9.8% | $86.1m | 4,633,602 | 433% | added |
| 2 | AXGN AXOGEN INC | Healthcare | 9.5% | $82.8m | 4,474,215 | -1% | reduced |
| 3 | CNTA CENTESSA PHARMACEUTICALS PLC | 8.0% | $70.1m | 4,874,124 | -16% | reduced | |
| 4 | NEO NEOGENOMICS INC | Healthcare | 6.5% | $57.3m | 6,042,822 | 91% | added |
| 5 | TWST TWIST BIOSCIENCE CORP | Healthcare | 5.5% | $47.8m | 1,218,699 | -1% | reduced |
| 6 | HCAT HEALTH CATALYST INC | Healthcare | 5.4% | $47.3m | 10,436,807 | 99% | added |
| 7 | ATRC ATRICURE INC | Healthcare | 4.8% | $42.4m | 1,314,718 | -33% | reduced |
| 8 | EWTX EDGEWISE THERAPEUTICS INC | 4.7% | $40.8m | 1,852,290 | 137% | added | |
| 9 | PFMTUSD PERFORMANT FINL CORP | 4.0% | $34.6m | 11,693,033 | 3% | added | |
| 10 | IRTC IRHYTHM TECHNOLOGIES INC | Healthcare | 3.9% | $34.0m | 325,046 | -24% | reduced |
| 11 | CRNXGBP CRINETICS PHARMACEUTICALS IN | 3.3% | $28.7m | 855,419 | -3% | reduced | |
| 12 | VERA VERA THERAPEUTICS INC | Healthcare | 3.2% | $28.2m | 1,175,879 | -7% | reduced |
| 13 | MDXG MIMEDX GROUP INC | Healthcare | 3.0% | $26.2m | 3,453,074 | 3% | added |
| 14 | RARE ULTRAGENYX PHARMACEUTICAL IN | Healthcare | 2.6% | $22.9m | 632,033 | -17% | reduced |
| 15 | SIBN SI-BONE INC | Healthcare | 2.6% | $22.6m | 1,612,408 | 42% | added |
| 16 | XENE XENON PHARMACEUTICALS INC | Healthcare | 2.4% | $21.1m | 627,904 | -46% | reduced |
| 17 | NPCE NEUROPACE INC | 2.2% | $19.5m | 1,584,048 | – | new | |
| 18 | ALHC ALIGNMENT HEALTHCARE INC | Healthcare | 2.0% | $17.8m | 956,441 | – | new |
| 19 | JANX JANUX THERAPEUTICS INC | Healthcare | 2.0% | $17.8m | 658,824 | 110% | added |
| 20 | ESTA ESTABLISHMENT LABS HLDGS INC | Healthcare | 1.6% | $13.7m | 336,870 | – | new |
| 21 | BFLY BUTTERFLY NETWORK INC | 1.4% | $12.6m | 5,505,649 | 38% | added | |
| 22 | GH GUARDANT HEALTH INC | Healthcare | 1.3% | $11.5m | 271,115 | -12% | reduced |
| 23 | KRMD KORU MEDICAL SYSTEMS INC | 1.3% | $11.3m | 4,454,926 | -25% | reduced | |
| 24 | RGEN REPLIGEN CORP | Healthcare | 1.3% | $11.2m | 87,850 | 7% | added |
| 25 | ELDN ELEDON PHARMACEUTICALS INC | 0.9% | $7.9m | 2,328,768 | 0% | held | |
| 26 | MASS 908 DEVICES INC | 0.9% | $7.6m | 1,701,095 | – | new | |
| 27 | TMDX TRANSMEDICS GROUP INC | Healthcare | 0.8% | $7.3m | 107,860 | -23% | reduced |
| 28 | OSCR OSCAR HEALTH INC | Healthcare | 0.8% | $6.8m | 522,302 | -4% | reduced |
| 29 | FNAUSD PARAGON 28 INC | 0.7% | $6.5m | 500,000 | -95% | reduced | |
| 30 | EVH EVOLENT HEALTH INC | Healthcare | 0.6% | $5.5m | 585,436 | 992% | added |
| 31 | INSM INSMED INC | Healthcare | 0.6% | $5.2m | 68,153 | -86% | reduced |
| 32 | TNDM TANDEM DIABETES CARE INC | Healthcare | 0.5% | $4.7m | 245,257 | -16% | reduced |
| 33 | PODD INSULET CORP | Healthcare | 0.5% | $4.5m | 17,022 | -50% | reduced |
| 34 | PCVX VAXCYTE INC | Healthcare | 0.4% | $3.6m | 94,420 | – | new |
| 35 | SENS SENSEONICS HLDGS INC | Healthcare | 0.3% | $3.1m | 4,657,505 | -28% | reduced |
| 36 | DIREXION DAILY S&P BIOTECH BEAR 3X SHARES | 0.3% | $2.3m | 140,282 | – | new | |
| 37 | GPCR STRUCTURE THERAPEUTICS INC | Healthcare | 0.3% | $2.3m | 132,380 | -67% | reduced |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.