Ikarian Capital, LLC

CIK: 0001778253SEC EDGAR →

Portfolio Value

$1.8M

Holdings

148

As of

Q4 2025

New Positions

45

Closed Positions

21

Top 10 Holdings

RankStockSharesValue% of Portfolio
1

SANGAMO THERAPEUTICS INC

1,218,671$511K
28.17%
2
CDTXPut

CIDARA THERAPEUTICS INC

573,243$127K
6.98%
3
XBIPut

SPDR SERIES TRUST

850,000$104K
5.71%
4
AMGNPut

AMGEN INC

245,000$80K
4.42%
5

TERNS PHARMACEUTICALS INC

1,596,378$64K
3.55%
6
ABVXCall

ABIVAX SA

331,085$46K
2.54%
7
HROWCall

HARROW INC

693,047$34K
1.87%
8
RAPTCall

RAPT THERAPEUTICS INC

955,271$32K
1.78%
9
CYTKCall

CYTOKINETICS INC

463,572$29K
1.62%
10
JAZZCall

JAZZ PHARMACEUTICALS PLC

170,000$29K
1.59%

Quarterly Changes

Top Buys

XBI↑ Increased
$75.0M
RAPT↑ Increased
$20.3M
CYTK↑ Increased
$18.3M
HROW↑ Increased
$13.9M
FULC↑ Increased
$11.8M

Top Sells

IOBT↓ Decreased
$554.1M
VYNE↓ Decreased
$97.1M
UTHCLOSED
$88.9M
GMABCLOSED
$53.0M
TOVX↓ Decreased
$48.6M

New Positions (60)

$127K · 573K shares
$80K · 245K shares
$46K · 331K shares
$28K · 598K shares
$26K · 1.5M shares
$26K · 87K shares
$24K · 959K shares
$20K · 586K shares
$17K · 379K shares
$17K · 369K shares
$17K · 578K shares
$15K · 105K shares
$15K · 14K shares
$14K · 4.9M shares
$11K · 106K shares
$9K · 138K shares
$9K · 119K shares
$7K · 200K shares
$7K · 286K shares
$7K · 83K shares
$6K · 60K shares
$5K · 227K shares
$5K · 747K shares
$5K · 300K shares
$5K · 610K shares
$4K · 800K shares
$3K · 94K shares
$3K · 238K shares
$3K · 283K shares
$3K · 500K shares
$3K · 241K shares
$3K · 18K shares
$3K · 1.0M shares
$3K · 73K shares
$3K · 212K shares
$3K · 360K shares
$3K · 400K shares
$3K · 735K shares
$2K · 212K shares
$2K · 503K shares
$2K · 525K shares
$2K · 211K shares
$2K · 900K shares
$2K · 251K shares
$2K · 214K shares
$2K · 89K shares
$2K · 200K shares
$1K · 66K shares
$1K · 230K shares
$646 · 275K shares
$567 · 35K shares
$240 · 46K shares
$184 · 47K shares
$177 · 46K shares
$124 · 69K shares
$106 · 30K shares
$102 · 138K shares
$39 · 14K shares
$38 · 16K shares
$36 · 19K shares

Closed Positions (51)

$88.9M · 212K shares
$53.0M · 175K shares
$36.1M · 800K shares
$33.4M · 396K shares
$30.8M · 214K shares
$30.3M · 494K shares
$26.6M · 278K shares
$24.5M · 658K shares
$19.1M · 282K shares
$16.2M · 389K shares
$13.6M · 346K shares
$12.0M · 796K shares
$11.8M · 248K shares
$11.5M · 319K shares
$11.3M · 371K shares
$10.7M · 1.5M shares
$9.0M · 172K shares
$8.3M · 150K shares
$7.8M · 448K shares
$7.5M · 308K shares
$6.8M · 129K shares
$5.7M · 562K shares
$5.3M · 246K shares
$5.1M · 334K shares
$4.9M · 400K shares
$4.5M · 200K shares
$4.4M · 238K shares
$4.3M · 6K shares
$4.1M · 65K shares
$4.0M · 200K shares
$3.8M · 1.0M shares
$3.6M · 650K shares
$3.4M · 465K shares
$3.0M · 161K shares
$2.7M · 52K shares
$2.6M · 137K shares
$2.5M · 536K shares
$2.4M · 467K shares
$2.3M · 400K shares
$2.0M · 160K shares
$1.8M · 548K shares
$1.4M · 114K shares
$1.3M · 55K shares
$1.2M · 73K shares
$968K · 722K shares
$740K · 19K shares
$693K · 55K shares
$687K · 150K shares
$206K · 393K shares
$162K · 11K shares
AETHLON MED INC
$115K · 154K shares

Sector Breakdown

Sector# HoldingsValue%
Healthcare133$999K55.0%
Unknown7$681K37.5%
Financial Services5$135K7.4%
Basic Materials1$1060.0%
Technology2$390.0%