ADAR1 Capital Management, LLC Q1 2025 Filing

Filed May 15, 2025

Portfolio Value

$538.7B

Holdings

198

Report Date

Q1 2025

Filing Type

13F-HR

All Holdings (198 positions)

#StockSharesValue% PortfolioType
101
LLYELI LILLY & CO
600$495.5M0.09%
102
MDGLMADRIGAL PHARMACEUTICALS INC
1,490$493.5M0.09%
103
PCVXVAXCYTE INC
12,800$483.3M0.09%
104
RNXTRENOVORX INC
479,883$475.1M0.09%
105
ALECALECTOR INC
380,330$467.8M0.09%
106
IM8NINSMED INC
6,074$463.4M0.09%
107
BNTXBIONTECH SE
5,000$455.3M0.08%
108
CDTXCIDARA THERAPEUTICS INC
20,938$451.0M0.08%
109
TENXTENAX THERAPEUTICS INC
68,741$450.3M0.08%
110
EWTXEDGEWISE THERAPEUTICS INC
20,000$440.0M0.08%
111
NABORS ENERGY TRANSITION COR
39,900$436.9M0.08%
112
GONGERON CORP
266,176$423.2M0.08%
113
TILINSTIL BIO INC
24,328$422.3M0.08%
114
KALVKALVISTA PHARMACEUTICALS INC
35,743$412.5M0.08%
115
APLSAPELLIS PHARMACEUTICALS INC
17,000$371.8M0.07%
116
ARGXARGENX SE
600$355.1M0.07%
117
THRDTHIRD HARMONIC BIO INC
100,000$347.0M0.06%
118
ISRGINTUITIVE SURGICAL INC
700$346.7M0.06%
119
BMRNBIOMARIN PHARMACEUTICAL INC
4,900$346.4M0.06%
120
DNTHDIANTHUS THERAPEUTICS INC
18,285$331.7M0.06%
121
PHATPHATHOM PHARMACEUTICALS INC
52,900$331.7M0.06%Call
122
NGNENEUROGENE INC
27,925$327.0M0.06%
123
ESTAESTABLISHMENT LABS HLDGS INC
8,000$326.4M0.06%
124
VTYXVENTYX BIOSCIENCES INC
281,600$323.8M0.06%
125
JVSPAC ACQUISITION CORP
30,000$321.6M0.06%
126
DYNDYNE THERAPEUTICS INC
30,099$314.8M0.06%
127
OABIOMNIAB INC
126,108$302.7M0.06%
128
JWNUSDNORDSTROM INC
12,000$293.4M0.05%
129
KYMRKYMERA THERAPEUTICS INC
10,000$273.7M0.05%
130
TCE2CELLDEX THERAPEUTICS INC NEW
14,600$265.0M0.05%
131
UCFIIRON HORSE ACQUISITIONS CORP
25,000$262.0M0.05%
132
VYGRVOYAGER THERAPEUTICS INC
75,545$255.3M0.05%
133
NRIXNURIX THERAPEUTICS INC
21,200$251.9M0.05%
134
GOSSGOSSAMER BIO INC
227,228$250.0M0.05%
135
TXMDTHERAPEUTICSMD INC
270,160$249.9M0.05%
136
SYRESPYRE THERAPEUTICS INC
15,033$242.6M0.05%
137
DAWNDAY ONE BIOPHARMACEUTICALS I
28,023$222.2M0.04%
138
ASNDASCENDIS PHARMA A/S
1,402$218.5M0.04%
139
PYPDPOLYPID LTD
80,080$217.0M0.04%
140
EXASEXACT SCIENCES CORP
5,000$216.4M0.04%
141
CNTXCONTEXT THERAPEUTICS INC
351,094$214.9M0.04%
142
MLTXMOONLAKE IMMUNOTHERAPEUTICS
5,424$211.9M0.04%
143
STOKSTOKE THERAPEUTICS INC
30,085$200.1M0.04%
144
COLOMBIER ACQUISITION CORP I
18,513$197.2M0.04%
145
QNCXQUINCE THERAPEUTICS INC
142,958$190.1M0.04%
146
DNLIDENALI THERAPEUTICS INC
13,873$188.6M0.04%
147
WVEWAVE LIFE SCIENCES LTD
23,100$186.6M0.03%
148
PHGEBIOMX INC
299,598$166.5M0.03%
149
KURAKURA ONCOLOGY INC
25,000$165.0M0.03%
150
ABOSACUMEN PHARMACEUTICALS INC
146,183$160.8M0.03%
151
OGNORGANON & CO
10,000$148.9M0.03%
152
CLYMCLIMB BIO INC
119,320$145.6M0.03%
153
AVXLANAVEX LIFE SCIENCES CORP
16,221$139.2M0.03%
154
IMNMIMMUNOME INC
20,000$134.6M0.02%
155
SLDBSOLID BIOSCIENCES INC
34,479$127.6M0.02%
156
SPRBSPRUCE BIOSCIENCES INC
403,716$117.1M0.02%
157
SP4PACHIEVE LIFE SCIENCES INC
43,173$115.3M0.02%
158
VYNEVYNE THERAPEUTICS INC
70,419$111.3M0.02%
159
PMVPPMV PHARMACEUTICALS INC
101,008$110.1M0.02%
160
ENGNENGENE HOLDINGS INC
23,799$106.6M0.02%
161
AQN.TOALGONQUIN PWR UTILS CORP
20,000$102.8M0.02%
162
CASI PHARMACEUTICALS INC
47,420$102.4M0.02%
163
CLOVCLOVER HEALTH INVESTMENTS CO
28,300$101.6M0.02%
164
BOLT1EURBOLT BIOTHERAPEUTICS INC
244,966$98.0M0.02%
165
STTKSHATTUCK LABS INC
102,156$97.1M0.02%
166
UPBUPSTREAM BIO INC
15,000$91.8M0.02%
167
AVTXAVALO THERAPEUTICS INC
10,000$80.1M0.01%
168
INZYINOZYME PHARMA INC
87,799$79.9M0.01%
169
RXRXRECURSION PHARMACEUTICALS IN
15,000$79.3M0.01%
170
BCRXBIOCRYST PHARMACEUTICALS INC
10,000$75.0M0.01%
171
LYRALYRA THERAPEUTICS INC
533,200$67.3M0.01%
172
ADGMADAGIO MED HLDGS INC
76,757$61.8M0.01%
173
NXTCNEXTCURE INC
120,012$57.6M0.01%
174
TNGXTANGO THERAPEUTICS INC
41,346$56.6M0.01%
175
ELDNELEDON PHARMACEUTICALS INC
16,600$56.3M0.01%
176
SLNSILENCE THERAPEUTICS PLC
18,643$52.6M0.01%
177
IOVAIOVANCE BIOTHERAPEUTICS INC
15,700$52.3M0.01%
178
NKTREURNEKTAR THERAPEUTICS
67,754$46.1M0.01%
179
OKURONKURE THERAPEUTICS INC
10,000$43.0M0.01%
180
OVIDOVID THERAPEUTICS INC
115,867$36.1M0.01%
181
ILMNMOVANO INC
19,146$35.0M0.01%
182
CYPHLEAP THERAPEUTICS INC
111,000$33.9M0.01%
183
YCYAA MISSION ACQUISITION CORP
505,099$33.6M0.01%
184
CTMXCYTOMX THERAPEUTICS INC
47,036$29.9M0.01%
185
ASPCRA SPAC III ACQUISITION CORP
215,000$29.8M0.01%
186
XLOXILIO THERAPEUTICS INC
40,000$29.0M0.01%
187
PEPGPEPGEN INC
20,352$28.6M0.01%
188
PRQRPROQR THRAPEUTICS N V
20,394$27.1M0.01%
189
NMRANEUMORA THERAPEUTICS INC.
26,108$26.1M0.00%
190
MREOMEREO BIOPHARMA GROUP PLC
10,000$22.5M0.00%
191
CLRBUSDCELLECTAR BIOSCIENCES INC
40,228$12.7M0.00%
192
RLYBRALLYBIO CORP
13,400$8.8M0.00%
193
JVSPAC ACQUISITION CORP
30,000$8.4M0.00%
194
IRON HORSE ACQUISITIONS CORP
25,000$7.5M0.00%
195
CNTBCONNECT BIOPHARMA HLDGS LTD
10,300$5.7M0.00%
196
SPYEMBRACE CHANGE ACQUISITN COR
13,144$2.4M0.00%
197
UCFIWIRON HORSE ACQUISITIONS CORP
25,000$800K0.00%
198
EMCGFEMBRACE CHANGE ACQUISITN COR
18,000$695K0.00%
PreviousPage 2 of 2