Frazier Life Sciences Management, L.P. Q4 2025 Filing

Filed February 13, 2026

Portfolio Value

$3.7T

Holdings

40

Report Date

Q4 2025

Filing Type

13F-HR

All Holdings (40 positions)

#StockSharesValue% PortfolioType
1
NAMSNEWAMSTERDAM PHARMA COMPANY
16,943,774$594.4B15.96%
2
MIRMMIRUM PHARMACEUTICALS INC
6,795,121$536.7B14.42%
3
ARQTARCUTIS BIOTHERAPEUTICS INC
9,874,511$286.8B7.70%
4
BBIOBRIDGEBIO PHARMA INC
3,545,557$271.2B7.28%
5
MBXMBX BIOSCIENCES INC
6,652,013$209.8B5.64%
6
PHATPHATHOM PHARMACEUTICALS INC
12,466,489$206.8B5.55%
7
MAZEMAZE THERAPEUTICS INC
4,567,274$189.2B5.08%
8
TRVITREVI THERAPEUTICS INC
10,259,409$128.4B3.45%
9
KRYSKRYSTAL BIOTECH INC
488,460$120.4B3.23%
10
IRONDISC MEDICINE INC
1,260,000$100.1B2.69%
11
ERASERASCA INC
22,729,436$84.6B2.27%
12
KALVKALVISTA PHARMACEUTICALS INC
5,039,867$81.4B2.19%
13
PVLAPALVELLA THERAPEUTICS INC NE
722,400$75.6B2.03%
14
RNAAVIDITY BIOSCIENCES INC
983,125$70.9B1.90%
15
RVMDREVOLUTION MEDICINES INC
797,455$63.5B1.71%
16
DYNDYNE THERAPEUTICS INC
3,153,082$61.7B1.66%
17
TARSTARSUS PHARMACEUTICALS INC
728,644$59.7B1.60%
18
YB4PSAVARA INC
9,862,301$59.5B1.60%
19
CYTKCYTOKINETICS INC
934,642$59.4B1.60%
20
ABVXABIVAX SA
378,300$51.0B1.37%
21
LXEOLEXEO THERAPEUTICS INC
4,424,725$43.9B1.18%
22
AGIOAGIOS PHARMACEUTICALS INC
1,279,754$34.8B0.94%
23
ACADACADIA PHARMACEUTICALS INC
1,297,198$34.6B0.93%
24
ZLABZAI LAB LTD
1,902,320$33.6B0.90%
25
RAPTRAPT THERAPEUTICS INC
983,333$33.3B0.89%
26
VORVOR BIOPHARMA INC
2,543,939$33.3B0.89%
27
ASNDASCENDIS PHARMA A/S
133,333$28.4B0.76%
28
AURAAURA BIOSCIENCES INC
5,100,000$27.8B0.75%
29
MNKDMANNKIND CORP
4,225,000$24.0B0.64%
30
VALNVALNEVA SE
2,291,666$20.2B0.54%
31
ALKSALKERMES PLC
700,647$19.6B0.53%
32
EOLSEVOLUS INC
2,630,665$17.5B0.47%
33
IMCRIMMUNOCORE HLDGS PLC
384,782$13.4B0.36%
34
NAMSNEWAMSTERDAM PHARMA COMPANY
500,333$11.5B0.31%
35
TVTXTRAVERE THERAPEUTICS INC
241,592$9.2B0.25%
36
AUTLAUTOLUS THERAPEUTICS PLC
4,623,324$9.2B0.25%
37
ALLOALLOGENE THERAPEUTICS INC
3,868,750$5.3B0.14%
38
DSGNDESIGN THERAPEUTICS INC
521,000$4.9B0.13%
39
XLOXILIO THERAPEUTICS INC
5,915,091$3.8B0.10%
40
IBIOIBIO INC
1,953,467$3.8B0.10%