ADAR1 Capital Management, LLC

CIK: 0001940272SEC EDGAR →

Portfolio Value

$1.4B

Holdings

256

As of

Q4 2025

New Positions

49

Closed Positions

41

Top 10 Holdings

RankStockSharesValue% of Portfolio
1

ABIVAX SA

1,317,329$177.6M
12.86%
2

CLEANCORE SOLUTIONS INC

521,980$135.0M
9.77%
3

PROTAGONIST THERAPEUTICS INC

1,049,168$91.6M
6.63%
4

ROIVANT SCIENCES LTD

3,428,962$74.4M
5.39%
5

IMMUNOVANT INC

2,480,968$63.1M
4.57%
6

MEREO BIOPHARMA GROUP PLC

150,000$62.0M
4.49%
7

A SPAC III ACQUISITION CORP

215,000$40.0M
2.90%
8

AVIDITY BIOSCIENCES INC

546,534$39.4M
2.85%
9

EA SERIES TRUST

337,125$38.8M
2.81%
10

SPDR S&P 500 ETF TR

54,684$37.3M
2.70%

Quarterly Changes

Top Buys

ZONENEW
$135.0M
MREONEW
$62.0M
SPYNEW
$37.3M
RNA↑ Increased
$37.1M
IMVT↑ Increased
$26.9M

Top Sells

KROS↓ Decreased
$84.9M
SPYCLOSED
$66.7M
ABVX↓ Decreased
$63.0M
ETNBGBPCLOSED
$31.1M
QURE↓ Decreased
$13.1M

New Positions (92)

$135.0M · 522K shares
$62.0M · 150K shares
$37.3M · 55K shares
$18.2M · 4.3M shares
$12.6M · 2.7M shares
$9.8M · 81K shares
$9.7M · 40K shares
$7.2M · 606K shares
$6.4M · 40K shares
$5.9M · 26K shares
$5.1M · 58K shares
$4.7M · 2.0M shares
$3.6M · 466K shares
$3.2M · 151K shares
$3.2M · 184K shares
$3.1M · 1.4M shares
$2.9M · 1.0M shares
$2.9M · 394K shares
$2.8M · 1.8M shares
$2.7M · 304K shares
$2.7M · 1.6M shares
$2.2M · 711K shares
$2.0M · 81K shares
$1.8M · 20K shares
$1.7M · 1.1M shares
$1.7M · 100K shares
$1.6M · 254K shares
$1.2M · 140K shares
$1.2M · 1.2M shares
$1.1M · 129K shares
$1.1M · 20K shares
$1.1M · 1.5M shares
$1.0M · 65K shares
$984K · 1K shares
$898K · 41K shares
$845K · 25K shares
$844K · 100K shares
$840K · 58K shares
$827K · 9K shares
$818K · 7K shares
$797K · 16K shares
$776K · 67K shares
$746K · 15K shares
$665K · 27K shares
$652K · 41K shares
$577K · 1K shares
$539K · 57K shares
$517K · 50K shares
$491K · 744K shares
$491K · 2K shares
$476K · 5K shares
$462K · 30K shares
$452K · 20K shares
$451K · 104K shares
$442K · 2K shares
$439K · 34K shares
$436K · 30K shares
$411K · 123K shares
$386K · 34K shares
$352K · 20K shares
$351K · 45K shares
$350K · 22K shares
$324K · 21K shares
$273K · 4K shares
$270K · 400 shares
$261K · 95K shares
$261K · 50K shares
$256K · 140K shares
$252K · 12K shares
$240K · 48K shares
$238K · 36K shares
$230K · 10K shares
$227K · 22K shares
$202K · 100K shares
$187K · 78K shares
$174K · 154K shares
$158K · 100K shares
$149K · 31K shares
$147K · 254K shares
$132K · 80K shares
$116K · 30K shares
$103K · 183K shares
$91K · 10K shares
$90K · 74K shares
$90K · 51K shares
$80K · 40K shares
$74K · 35K shares
$66K · 20K shares
$53K · 43K shares
$39K · 51K shares
$20K · 27K shares
$15K · 25K shares

Closed Positions (39)

$66.7M · 100K shares
$31.1M · 2.1M shares
$12.9M · 4.0M shares
$11.7M · 26K shares
$8.0M · 153K shares
$5.5M · 51K shares
$4.4M · 45K shares
$4.0M · 40K shares
$3.1M · 33K shares
$2.8M · 20K shares
$2.2M · 215K shares
$1.9M · 40K shares
$1.3M · 775K shares
$1.2M · 168K shares
$872K · 119K shares
$827K · 64K shares
$763K · 1K shares
$741K · 49K shares
$704K · 268K shares
$599K · 61K shares
$541K · 12K shares
$435K · 426K shares
$426K · 15K shares
$412K · 32K shares
$401K · 113K shares
$348K · 482K shares
$296K · 27K shares
$292K · 6K shares
$282K · 10K shares
$271K · 9K shares
$245K · 61K shares
$236K · 81K shares
$214K · 159K shares
$198K · 28K shares
$109K · 50K shares
$41K · 78K shares
$26K · 12K shares
$25K · 12K shares
$21K · 13K shares

Sector Breakdown

Sector# HoldingsValue%
Healthcare218$1.2B74.0%
Financial Services14$154.2M9.5%
Industrials3$135.8M8.4%
Unknown12$84.0M5.2%
Technology4$42.0M2.6%
Consumer Cyclical3$2.5M0.2%
Communication Services1$1.0M0.1%
Real Estate1$797K0.0%