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Avoro Capital Advisors LLC Top Holdings and 13F Report (2026)

About Avoro Capital Advisors LLC

Investment Activity

  • Avoro Capital Advisors LLC has $10.16 billion in total holdings as of March 31, 2026.
  • Avoro Capital Advisors LLC owns shares of 30 different stocks, but just 12 companies or ETFs make up 80% of its holdings.
  • Approximately 8.20% of the portfolio was purchased this quarter.
  • About 10.34% of the portfolio was sold this quarter.
  • This quarter, Avoro Capital Advisors LLC has purchased 33 new stocks and bought additional shares in 9 stocks.
  • Avoro Capital Advisors LLC sold shares of 7 stocks and completely divested from 7 stocks this quarter.

Largest Holdings

United Therapeutics
$1,569,833,400
Ascendis Pharma A/S
$1,157,945,625
Krystal Biotech
$746,257,548
argenex
$730,250,000

Largest New Holdings this Quarter

23282W605 - Cytokinetics
$219,699,978 Holding
36322Q206 - DAMORA THERAPEUTICS INC
$97,979,700 Holding
24477V105 - DEFINIUM THERAPEUTICS INC
$94,500,000 Holding
05338F306 - AVALO THERAPEUTICS
$21,051,300 Holding

Largest Purchases this Quarter

Cytokinetics
3,333,333 shares (about $219.70M)
United Therapeutics
403,940 shares (about $210.67M)
DAMORA THERAPEUTICS INC
3,783,000 shares (about $97.98M)
DEFINIUM THERAPEUTICS INC
5,000,000 shares (about $94.50M)
Terns Pharmaceuticals
1,345,000 shares (about $70.91M)

Largest Sales this Quarter

Centessa Pharmaceuticals
3,125,100 shares (about $124.13M)
Ascendis Pharma A/S
98,611 shares (about $22.56M)
Soleno Therapeutics
600,000 shares (about $20.09M)
LEXEO THERAPEUTICS INC
1,425,000 shares (about $8.18M)
Alkermes
200,000 shares (about $7.07M)

Sector Allocation Over Time

Map of 500 Largest Holdings ofAvoro Capital Advisors LLC

 
 
Selling
 
 
Neutral
 
 
Buying
Issuer NameHoldings ValueApproximate Purchase/SaleChange in SharesShares Held% of PortfolioSector
United Therapeutics Corporation stock logo
UTHR
United Therapeutics
$1,569,833,400$210,670,599 â–²15.5%3,010,00015.4%Medical
Ascendis Pharma A/S stock logo
ASND
Ascendis Pharma A/S
$1,157,945,625$22,555,294 â–¼-1.9%5,062,50011.4%Medical
Madrigal Pharmaceuticals, Inc. stock logo
MDGL
Madrigal Pharmaceuticals
$951,763,208$5,591,183 â–²0.6%1,818,1819.4%Medical
Krystal Biotech, Inc. stock logo
KRYS
Krystal Biotech
$746,257,5480.0%2,888,8887.3%Medical
argenex SE stock logo
ARGX
argenex
$730,250,000$7,302,500 â–²1.0%1,000,0007.2%Medical
Arrowhead Pharmaceuticals, Inc. stock logo
ARWR
Arrowhead Pharmaceuticals
$670,889,937$4,702,437 â–²0.7%10,699,9996.6%Medical
Kymera Therapeutics, Inc. stock logo
KYMR
Kymera Therapeutics
$622,571,6780.0%7,474,7476.1%Medical
Apellis Pharmaceuticals, Inc. stock logo
APLS
Apellis Pharmaceuticals
$491,699,9910.0%12,222,2224.8%Medical
Centessa Pharmaceuticals PLC Sponsored ADR stock logo
CNTA
Centessa Pharmaceuticals
$454,017,673$124,128,972 â–¼-21.5%11,430,4554.5%Medical
Celcuity, Inc. stock logo
CELC
Celcuity
$388,272,500$50,381,914 â–²14.9%3,575,0003.8%Medical
Xenon Pharmaceuticals Inc. stock logo
XENE
Xenon Pharmaceuticals
$335,977,733$20,546,314 â–²6.5%5,777,7773.3%Medical
Structure Therapeutics Inc. Sponsored ADR stock logo
GPCR
Structure Therapeutics
$315,977,7510.0%6,555,5553.1%Medical
Terns Pharmaceuticals, Inc. stock logo
TERN
Terns Pharmaceuticals
$300,240,400$70,908,400 â–²30.9%5,695,0003.0%Medical
Vera Therapeutics, Inc. stock logo
VERA
Vera Therapeutics
$236,909,9640.0%5,888,8882.3%Medical
Revolution Medicines, Inc. stock logo
RVMD
Revolution Medicines
$227,997,179$16,964,679 â–²8.0%2,344,4442.2%Medical
Cytokinetics, Incorporated stock logo
CYTK
Cytokinetics
$219,699,978$219,699,978 â–²New Holding3,333,3332.2%Medical
Ocular Therapeutix, Inc. stock logo
OCUL
Ocular Therapeutix
$104,308,050$13,020,279 â–²14.3%12,315,0001.0%Medical
DAMORA THERAPEUTICS INC
$97,979,700$97,979,700 â–²New Holding3,783,0001.0%Common
uniQure N.V. stock logo
QURE
uniQure
$97,439,378$3,113,122 â–¼-3.1%5,959,5951.0%Medical
Taysha Gene Therapies, Inc. stock logo
TSHA
Taysha Gene Therapies
$96,999,0000.0%21,700,0001.0%Medical
DEFINIUM THERAPEUTICS INC
$94,500,000$94,500,000 â–²New Holding5,000,0000.9%Common
Soleno Therapeutics, Inc. stock logo
SLNO
Soleno Therapeutics
$77,004,000$20,088,000 â–¼-20.7%2,300,0000.8%Medical
Alkermes plc stock logo
ALKS
Alkermes
$42,432,000$7,072,000 â–¼-14.3%1,200,0000.4%Medical
SEPTERNA INC
$32,140,1250.0%1,337,5000.3%Common
Viridian Therapeutics, Inc. stock logo
VRDN
Viridian Therapeutics
$29,340,0000.0%1,500,0000.3%Medical
GH Research PLC stock logo
GHRS
GH Research
$25,308,0000.0%1,800,0000.2%Medical
AVALO THERAPEUTICS
$21,051,300$21,051,300 â–²New Holding1,410,0000.2%Common
LEXEO THERAPEUTICS INC
$10,762,500$8,179,500 â–¼-43.2%1,875,0000.1%Common
Aadi Bioscience, Inc. stock logo
AADI
Aadi Bioscience
$9,830,4370.0%2,849,4020.1%Medical
MannKind Corporation stock logo
MNKD
MannKind
$5,390,000$5,498,888 â–¼-50.5%2,200,0000.1%Medical
Avidity Biosciences, Inc. stock logo
RNA
Avidity Biosciences
$0$393,469,150 â–¼-100.0%00.0%Medical
SPDR S&P Biotech ETF stock logo
XBI
SPDR S&P Biotech ETF
$0$256,053,000 â–¼-100.0%00.0%ETF
MNMD
Mind Medicine (MindMed)
$0$66,950,000 â–¼-100.0%00.0%Medical
PTC Therapeutics, Inc. stock logo
PTCT
PTC Therapeutics
$0$52,032,600 â–¼-100.0%00.0%Medical
ORUKA THERAPEUTICS INC
$0$40,413,535 â–¼-100.0%00.0%Common
APOGEE THERAPEUTICS INC
$0$37,740,000 â–¼-100.0%00.0%Common
Incyte Corporation stock logo
INCY
Incyte
$0$13,333,950 â–¼-100.0%00.0%Medical

Showing largest 100 holdings. View all holdings.
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