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Propel Bio Management, LLC: 13F holdings, Q2 2026

Hedge fund · SEC EDGAR filings (CIK 1969764) · Explore on the interactive board

Propel Bio Management, LLC disclosed 29 US equity positions worth $191.1m in its Q2 2026 13F filing (holdings as of June 30, 2026, filed August 13, 2026). Its largest position is PAGPEUR at 16.2% of the reported book, followed by ACHV, CORT. The top ten holdings are 68.1% of the book, and the portfolio behaves like about 14 equal-weight positions. Versus the prior filing it opened 4 new positions, added to 11, reduced 10 and exited 13. 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.
$191.1mreported US equity book
29positions
16.2%largest position
68.1%top 10 weight
14.13effective positions (1/HHI)
2quarters on file since Q1 2026

What does Propel Bio 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: 4 new, 11 added, 10 reduced, 13 exited.

#StockSectorWeightValueSharesΔ sharesAction
1 PAGPEUR PLAINS GP HOLDINGS LP-CL 16.2%$30.9m1,272,360 0% held
2 ACHV ACHIEVE LIFE SCIENCES INC 13.8%$26.3m4,034,018 7% added
3 CORT CORCEPT THERAPEUTICS INC Healthcare 6.2%$11.9m136,499 -8% reduced
4 PHAT PHATHOM PHARMACEUTICALS I Healthcare 6.0%$11.4m1,050,358 25% added
5 DCTH DELCATH SYSTEMS INC 5.7%$11.0m871,460 -11% reduced
6 MIST MILESTONE PHARMACEUTICALS 5.2%$10.0m7,429,590 80% added
7 CMPS COMPASS PATHWAYS PLC Healthcare 4.2%$8.1m573,086 -23% reduced
8 KYTX KYVERNA THERAPEUTICS INC 4.1%$7.9m883,198 37% added
9 ARTV ARTIVA BIOTHERAPEUTICS IN 3.5%$6.8m696,436 376% added
10 ABEO ABEONA THERAPEUTICS INC Healthcare 3.2%$6.1m983,070 -26% reduced
11 AQST AQUESTIVE THERAPEUTICS IN 3.1%$6.0m1,442,397 103% added
12 PALI PALISADE BIO INC Healthcare 2.8%$5.4m2,582,388 132% added
13 IMUX IMMUNIC INC 2.6%$5.0m325,022 new
14 IVA INVENTIVA SA - ADR 2.5%$4.8m1,281,212 77% added
15 SABS SAB BIOTHERAPEUTICS INC 2.2%$4.2m1,076,578 6% added
16 OBIO ORCHESTRA BIOMED HOLDINGS 2.0%$3.9m896,701 0% held
17 CLDX CELLDEX THERAPEUTICS INC Healthcare 2.0%$3.9m103,695 -21% reduced
18 ZVRA ZEVRA THERAPEUTICS INC 1.9%$3.6m253,544 -10% reduced
19 OCUL OCULAR THERAPEUTIX INC Healthcare 1.8%$3.5m357,966 -6% reduced
20 FDMT 4D MOLECULAR THERAPEUTICS IN Healthcare 1.8%$3.4m252,654 -34% reduced
21 OVID OVID THERAPEUTICS INC Healthcare 1.6%$3.0m1,115,538 21% added
22 EYPT EYEPOINT INC Healthcare 1.4%$2.7m191,745 -11% reduced
23 UPB UPSTREAM BIO INC 1.3%$2.4m350,389 3% added
24 SCYX SCYNEXIS INC 1.2%$2.2m543,478 new
25 SLN SILENCE THERAPEUTICS PLC 1.1%$2.1m191,733 new
26 LONA LEONABIO INC 0.7%$1.4m149,279 0% held
27 MAZE MAZE THERAPEUTICS INC Healthcare 0.7%$1.3m43,798 0% held
28 CRVS CORVUS PHARMACEUTICALS INC Healthcare 0.6%$1.1m70,380 -18% reduced
29 SGMT SAGIMET BIOSCIENCES INC-A Healthcare 0.5%$973.0k125,878 new

What did Propel Bio Management, LLC sell? Positions exited since the previous filing

StockPrior weightPrior value
VOR VOR BIOPHARMA INC19.5%$5.6m
VRDN VIRIDIAN THERAPEUTICS INC14.3%$4.1m
OCULIS HOLDING AG11.5%$3.3m
TRVI TREVI THERAPEUTICS INC9.3%$2.6m
IMUX IMMUNIC INC9.2%$2.6m
CHRS COHERUS ONCOLOGY INC8.4%$2.4m
KLRS KALARIS THERAPEUTICS INC6.0%$1.7m
UNIQURE NV6.0%$1.7m
NUVB NUVATION BIO INC4.9%$1.4m
EVMN EVOMMUNE INC4.5%$1.3m
ALDX ALDEYRA THERAPEUTICS INC4.3%$1.2m
CNTB CONNECT BIOPHARMA HLDGS LTD1.9%$553.9k
MSLE SATELLOS BIOSCIENCE INC0.2%$57.1k

Sector mix

SectorWeight
Healthcare32.8%

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

Filing history

QuarterPositionsEquity value
Q2 202629$191.1m
Q1 202638$158.7m

How concentrated is Propel Bio Management, LLC's portfolio?

Across every quarter Propel Bio Management, LLC has filed, its median largest position is 17.6% of the book and its median top-ten weight is 63.2%, which WhaleCreep classifies as concentrated (the gate is a median largest position of 5%). Of 12.0 completed holding spells, the median lasted 1.0 quarters; 29.0 positions are still open and their final length is unknown.