Darwin Global Management, Ltd.

CIK: 0001839209SEC EDGAR →

Portfolio Value

$4.9T

Holdings

6

As of

Q4 2025

New Positions

3

Closed Positions

3

Portfolio Value History

Top 10 Holdings

RankStockSharesValue% of Portfolio
1
IM8N

INSMED INC

20,933,277$3.6T
73.78%
2
BLTE

BELITE BIO INC

3,027,704$486.9B
9.86%
3
ABVX

ABIVAX SA

3,178,501$439.7B
8.90%
4
CDTX

CIDARA THERAPEUTICS INC

997,196$220.2B
4.46%
5
WVE

WAVE LIFE SCIENCES LTD

7,298,421$125.2B
2.53%
6
CAPR

CAPRICOR THERAPEUTICS INC

800,000$23.2B
0.47%

Quarterly Changes

Top Buys

IM8N↑ Increased
$746.5B
BLTENEW
$486.9B
ABVX↑ Increased
$176.0B
WVENEW
$125.2B
CAPRNEW
$23.2B

Top Sells

UTHCLOSED
$317.6B
QURECLOSED
$23.8B

New Positions (3)

BLTE
$486.9B · 3.0M shares
WVE
$125.2B · 7.3M shares
CAPR
$23.2B · 800K shares

Closed Positions (2)

UTH
$317.6B · 749K shares
QURE
$23.8B · 400K shares

Sector Breakdown

Sector# HoldingsValue%
Unknown2$3.9T78.2%
Healthcare4$1.1T21.8%