Boxer Capital Management, LLC

CIK: 0002018299SEC EDGAR →

Portfolio Value

$456.9M

Holdings

45

As of

Q4 2025

New Positions

15

Closed Positions

1

Top 10 Holdings

RankStockSharesValue% of Portfolio
1

TANGO THERAPEUTICS INC

10,876,219$96.4M
21.09%
2

NUVATION BIO INC

266,666$88.0M
19.26%
3

REVOLUTION MEDICINES INC

400,000$31.9M
6.97%
4

KODIAK SCIENCES INC

1,136,000$31.8M
6.95%
5

KYMERA THERAPEUTICS INC

329,100$25.6M
5.60%
6

CELCUITY INC

225,000$22.4M
4.91%
7

ABIVAX SA

125,000$16.9M
3.69%
8

PTC THERAPEUTICS INC

200,000$15.2M
3.33%
9

TERNS PHARMACEUTICALS INC

375,000$15.2M
3.32%
10

PROTAGONIST THERAPEUTICS INC

170,000$14.8M
3.25%

Quarterly Changes

Top Buys

KOD↑ Increased
$19.5M
CELC↑ Increased
$18.0M
TERNNEW
$15.2M
TNGX↑ Increased
$14.3M
PRAXNEW
$13.7M

Top Sells

QURE↓ Decreased
$39.8M
MRUSCLOSED
$11.3M
NKTRCLOSED
$7.1M
CYTK↓ Decreased
$4.6M
DNLICLOSED
$3.6M

New Positions (15)

$15.2M · 375K shares
$13.7M · 46K shares
$11.3M · 4.8M shares
$9.4M · 416K shares
$9.4M · 325K shares
$8.0M · 225K shares
$5.8M · 715K shares
$5.6M · 494K shares
$5.2M · 75K shares
$4.1M · 150K shares
$3.8M · 625K shares
$3.7M · 1.5M shares
$1.9M · 253K shares
$1.2M · 200K shares
$262K · 50K shares

Closed Positions (4)

$11.3M · 120K shares
$7.1M · 125K shares
$3.6M · 250K shares
$1.1M · 61K shares

Sector Breakdown

Sector# HoldingsValue%
Healthcare42$438.1M80.3%
Unknown3$107.7M19.7%