Affinity Asset Advisors, LLC Q4 2025 Filing
Filed February 13, 2026
Portfolio Value
$1.8B
Holdings
92
Report Date
Q4 2025
Filing Type
13F-HR
All Holdings (92 positions)
| # | Stock | Shares | Value | % Portfolio | Type |
|---|---|---|---|---|---|
| 1 | XBISPDR SERIES TRUST | 1,500,000 | $182.9M | 10.42% | Put |
| 2 | APGEAPOGEE THERAPEUTICS INC | 1,234,926 | $93.2M | 5.31% | |
| 3 | IM8NINSMED INC | 450,000 | $78.3M | 4.46% | |
| 4 | ABVXABIVAX SA | 505,000 | $68.1M | 3.88% | |
| 5 | IBBISHARES TR | 400,000 | $67.5M | 3.85% | Call |
| 6 | VTYXVENTYX BIOSCIENCES INC | 6,484,558 | $58.6M | 3.34% | |
| 7 | XENEXENON PHARMACEUTICALS INC | 1,250,000 | $56.0M | 3.19% | |
| 8 | PRAXPRAXIS PRECISION MEDICINES I | 185,000 | $54.5M | 3.11% | |
| 9 | CYTKCYTOKINETICS INC | 800,000 | $50.8M | 2.90% | |
| 10 | AMGNAMGEN INC | 145,000 | $47.5M | 2.70% | Call |
| 11 | SYRESPYRE THERAPEUTICS INC | 1,432,591 | $46.9M | 2.67% | |
| 12 | WVEWAVE LIFE SCIENCES LTD | 2,700,000 | $45.9M | 2.62% | |
| 13 | TEVATEVA PHARMACEUTICAL INDS LTD | 1,400,000 | $43.7M | 2.49% | |
| 14 | XLVSELECT SECTOR SPDR TR | 250,000 | $38.7M | 2.21% | Call |
| 15 | ROIVROIVANT SCIENCES LTD | 1,700,000 | $36.9M | 2.10% | |
| 16 | ACLXARCELLX INC | 523,725 | $34.1M | 1.95% | |
| 17 | NUVLNUVALENT INC | 322,633 | $32.5M | 1.85% | |
| 18 | LXEOLEXEO THERAPEUTICS INC | 3,200,000 | $31.8M | 1.81% | |
| 19 | ALKSALKERMES PLC | 1,000,000 | $28.0M | 1.59% | |
| 20 | FBRXFORTE BIOSCIENCES INC | 1,011,890 | $27.6M | 1.57% | Call |
| 21 | TRVITREVI THERAPEUTICS INC | 2,150,172 | $26.9M | 1.53% | |
| 22 | MLYSMINERALYS THERAPEUTICS INC | 730,000 | $26.5M | 1.51% | |
| 23 | BBIOBRIDGEBIO PHARMA INC | 320,000 | $24.5M | 1.39% | |
| 24 | ORKAORUKA THERAPEUTICS INC | 802,342 | $24.3M | 1.39% | |
| 25 | TERNTERNS PHARMACEUTICALS INC | 550,000 | $22.2M | 1.27% | |
| 26 | ANABANAPTYSBIO INC | 444,692 | $21.6M | 1.23% | |
| 27 | QUREUNIQURE NV | 850,000 | $20.3M | 1.16% | Call |
| 28 | CGEMCULLINAN THERAPEUTICS INC | 1,932,106 | $20.0M | 1.14% | |
| 29 | OMER 9.5 06/15/29OMEROS CORP | 6,525,000 | $19.4M | 1.10% | |
| 30 | AVTXAVALO THERAPEUTICS INC | 1,051,054 | $19.1M | 1.09% | |
| 31 | NRIXNURIX THERAPEUTICS INC | 967,620 | $18.4M | 1.05% | |
| 32 | TSHATAYSHA GENE THERAPIES INC | 3,300,000 | $18.1M | 1.03% | |
| 33 | MDGLMADRIGAL PHARMACEUTICALS INC | 31,131 | $18.1M | 1.03% | |
| 34 | YB4PSAVARA INC | 2,797,153 | $16.9M | 0.96% | |
| 35 | PTGXPROTAGONIST THERAPEUTICS INC | 172,125 | $15.0M | 0.86% | |
| 36 | CNTACENTESSA PHARMACEUTICALS PLC | 600,552 | $15.0M | 0.86% | |
| 37 | ESTAESTABLISHMENT LABS HLDGS INC | 200,000 | $14.6M | 0.83% | |
| 38 | ERASERASCA INC | 3,900,000 | $14.5M | 0.83% | |
| 39 | VERAVERA THERAPEUTICS INC | 250,000 | $12.7M | 0.72% | |
| 40 | COGTCOGENT BIOSCIENCES INC | 350,000 | $12.4M | 0.71% | |
| 41 | OVIDOVID THERAPEUTICS INC | 7,150,000 | $11.7M | 0.66% | |
| 42 | TVTXTRAVERE THERAPEUTICS INC | 300,000 | $11.5M | 0.65% | |
| 43 | JBIOJADE BIOSCIENCES INC | 714,956 | $11.0M | 0.63% | |
| 44 | TVTX 2.25 03/01/29TRAVERE THERAPEUTICS INC | 7,000,000 | $10.0M | 0.57% | |
| 45 | NAMSNEWAMSTERDAM PHARMA COMPANY | 275,000 | $9.6M | 0.55% | |
| 46 | TCE2CELLDEX THERAPEUTICS INC NEW | 350,000 | $9.5M | 0.54% | |
| 47 | ZURAZURA BIO LTD | 1,813,671 | $9.5M | 0.54% | |
| 48 | TNGXTANGO THERAPEUTICS INC | 1,000,000 | $8.9M | 0.50% | |
| 49 | STROSUTRO BIOPHARMA INC | 748,382 | $8.7M | 0.49% | |
| 50 | RVMDREVOLUTION MEDICINES INC | 100,000 | $8.0M | 0.45% | |
| 51 | MBXMBX BIOSCIENCES INC | 250,000 | $7.9M | 0.45% | |
| 52 | VRDNVIRIDIAN THERAPEUTICS INC | 250,000 | $7.8M | 0.44% | |
| 53 | RCUSARCUS BIOSCIENCES INC | 300,000 | $7.1M | 0.41% | |
| 54 | SGMTSAGIMET BIOSCIENCES INC | 1,148,245 | $6.8M | 0.39% | |
| 55 | KPTIKARYOPHARM THERAPEUTICS INC | 889,575 | $6.5M | 0.37% | |
| 56 | CELC 2.75 08/01/31CELCUITY INC | 3,000,000 | $6.5M | 0.37% | |
| 57 | ASNDASCENDIS PHARMA A/S | 30,000 | $6.4M | 0.36% | |
| 58 | SMMTSUMMIT THERAPEUTICS INC | 350,000 | $6.1M | 0.35% | Put |
| 59 | VRCAVERRICA PHARMACEUTICALS INC | 707,338 | $5.9M | 0.33% | |
| 60 | ENGNENGENE HOLDINGS INC | 643,370 | $5.8M | 0.33% | |
| 61 | NAMSNEWAMSTERDAM PHARMA COMPANY | 245,000 | $5.6M | 0.32% | |
| 62 | RZLTREZOLUTE INC | 2,351,144 | $5.5M | 0.32% | |
| 63 | AVDLAVADEL PHARMACEUTICALS PLC | 250,000 | $5.4M | 0.31% | |
| 64 | CLYMCLIMB BIO INC | 1,300,000 | $5.2M | 0.30% | |
| 65 | IMVTIMMUNOVANT INC | 200,000 | $5.1M | 0.29% | |
| 66 | PRQRPROQR THRAPEUTICS N V | 2,454,278 | $5.0M | 0.28% | |
| 67 | DNTHDIANTHUS THERAPEUTICS INC | 115,000 | $4.7M | 0.27% | |
| 68 | ARWRARROWHEAD PHARMACEUTICALS IN | 70,000 | $4.6M | 0.26% | |
| 69 | IBIOIBIO INC | 2,057,200 | $4.0M | 0.23% | |
| 70 | NXTCNEXTCURE INC | 247,294 | $3.5M | 0.20% | |
| 71 | CRNXCRINETICS PHARMACEUTICALS IN | 75,000 | $3.5M | 0.20% | |
| 72 | BLTEBELITE BIO INC | 20,000 | $3.2M | 0.18% | |
| 73 | AVBPARRIVENT BIOPHARMA INC | 150,000 | $3.0M | 0.17% | |
| 74 | MRSNMERSANA THERAPEUTICS INC | 100,000 | $2.9M | 0.16% | |
| 75 | OACCOAKTREE ACQUISITION CORP III | 250,000 | $2.7M | 0.15% | |
| 76 | I9DNARBUTUS BIOPHARMA CORP | 521,900 | $2.5M | 0.14% | Call |
| 77 | AVRANTERIS TECHNOLOGIES GLOBAL | 486,684 | $2.4M | 0.14% | |
| 78 | OBIOORCHESTRA BIOMED HLDGS INC | 572,804 | $2.4M | 0.14% | |
| 79 | EPRXEUPRAXIA PHARMACEUTICALS INC | 300,000 | $2.3M | 0.13% | |
| 80 | GONGERON CORP | 1,500,000 | $2.0M | 0.11% | |
| 81 | RAREULTRAGENYX PHARMACEUTICAL IN | 75,000 | $1.7M | 0.10% | |
| 82 | LENZLENZ THERAPEUTICS INC | 100,000 | $1.6M | 0.09% | Put |
| 83 | KZRKEZAR LIFE SCIENCES INC | 229,076 | $1.4M | 0.08% | |
| 84 | CMPSCOMPASS PATHWAYS PLC | 200,000 | $1.4M | 0.08% | |
| 85 | COGTCOGENT BIOSCIENCES INC | 1,000,000 | $1.2M | 0.07% | |
| 86 | CATXPERSPECTIVE THERAPEUTICS INC | 300,000 | $825K | 0.05% | |
| 87 | MGNXMACROGENICS INC | 484,308 | $779K | 0.04% | |
| 88 | —PERCEPTIVE CAP SOLUTIONS COR | 50,000 | $651K | 0.04% | |
| 89 | XFORX4 PHARMACEUTICALS INC | 145,000 | $580K | 0.03% | |
| 90 | QTTBQ32 BIO INC | 27,777 | $92K | 0.01% | |
| 91 | ADGMADAGIO MED HLDGS INC | 80,000 | $83K | 0.00% | |
| 92 | RCKTWROCKET PHARMACEUTICALS INC | 75,000 | $1K | 0.00% |