Decheng Capital LLC

CIK: 0002010850SEC EDGAR →

Portfolio Value

$743.4M

Holdings

19

As of

Q4 2025

New Positions

23

Closed Positions

0

Top 10 Holdings

RankStockSharesValue% of Portfolio
1

CG ONCOLOGY INC

6,371,669$264.6M
35.59%
2

Nuvation Bio Inc.

25,954,439$232.6M
31.28%
3

Nuvation Bio Inc.

646,057$213.0M
28.65%
4

Upstream Bio Inc.

3,143,078$85.3M
11.48%
5

AARDVARK THERAPEUTICS INC

3,917,299$51.4M
6.92%
6

Lyell Immunopharma, Inc.

692,050$21.3M
2.87%
7

NEWAMSTERDAM PHARMA CO NV

592,057$20.8M
2.79%
8

REVOLUTION MEDICINES INC(NSM)

200,000$15.9M
2.14%
9

Arcus Biosciences, Inc

541,559$12.9M
1.74%
10

Aclaris Therapeutics, Inc.

4,041,736$12.2M
1.64%

Quarterly Changes

Top Buys

LYEL↑ Increased
$11.6M

Top Sells

UPB↓ Decreased
$23.5M
MRUSCLOSED
$17.6M
RVMD↓ Decreased
$6.1M
RCUS↓ Decreased
$5.5M
NAMS↓ Decreased
$2.1M

Closed Positions (4)

$17.6M · 187K shares
$1.3M · 182K shares
$758K · 8K shares
$573K · 10K shares

Sector Breakdown

Sector# HoldingsValue%
Healthcare18$743.2M77.7%
Unknown1$213.0M22.3%