Free Trial

Ra Capital Management, L.P. Top Holdings and 13F Report (2025)

About Ra Capital Management, L.P.

Investment Activity

  • Ra Capital Management, L.P. has $5.99 billion in total holdings as of March 31, 2025.
  • Ra Capital Management, L.P. owns shares of 85 different stocks, but just 21 companies or ETFs make up 80% of its holdings.
  • Approximately 12.20% of the portfolio was purchased this quarter.
  • About 13.16% of the portfolio was sold this quarter.
  • This quarter, Ra Capital Management, L.P. has purchased 89 new stocks and bought additional shares in 14 stocks.
  • Ra Capital Management, L.P. sold shares of 4 stocks and completely divested from 15 stocks this quarter.

Largest Holdings

Ascendis Pharma A/S
$1,602,473,967
Vaxcyte
$460,262,266
Janux Therapeutics
$302,121,711
NewAmsterdam Pharma
$207,544,061

Largest New Holdings this Quarter

829401108 - SIONNA THERAPEUTICS INC
$109,258,068 Holding
254604101 - Disc Medicine
$78,287,542 Holding
M96088105 - UroGen Pharma
$35,461,357 Holding
377322102 - Glaukos
$18,724,996 Holding
59267L107 - METSERA INC
$18,387,791 Holding

Largest Purchases this Quarter

Vaxcyte
3,499,959 shares (about $132.16M)
SIONNA THERAPEUTICS INC
10,445,322 shares (about $109.26M)
Disc Medicine
1,577,106 shares (about $78.29M)
Geron
30,369,830 shares (about $48.29M)
89bio
5,714,285 shares (about $41.54M)

Largest Sales this Quarter

10x Genomics
1,335,154 shares (about $11.66M)
Bright Minds Biosciences Inc
254,402 shares (about $9.18M)
Kura Oncology
446,431 shares (about $2.95M)
BIOAGE LABS INC
258,095 shares (about $970.44K)

Sector Allocation Over Time

Map of 500 Largest Holdings ofRa Capital Management, L.P.

 
 
Selling
 
 
Neutral
 
 
Buying
Issuer NameHoldings ValueApproximate Purchase/SaleChange in SharesShares Held% of PortfolioSector
Ascendis Pharma A/S stock logo
ASND
Ascendis Pharma A/S
$1,602,473,967$26,301,687 1.7%10,281,49626.8%Medical
Vaxcyte, Inc. stock logo
PCVX
Vaxcyte
$460,262,266$132,158,452 40.3%12,189,1497.7%Medical
Rhythm Pharmaceuticals, Inc. stock logo
RYTM
Rhythm Pharmaceuticals
$322,291,3040.0%6,084,4125.4%Medical
Janux Therapeutics, Inc. stock logo
JANX
Janux Therapeutics
$302,121,711$22,249,107 7.9%11,189,6935.0%Medical
NewAmsterdam Pharma stock logo
NAMS
NewAmsterdam Pharma
$207,544,061$26,486,911 14.6%10,138,9383.5%Medical
Arcellx, Inc. stock logo
ACLX
Arcellx
$199,196,171$16,347,520 8.9%3,036,5273.3%Medical
Edgewise Therapeutics, Inc. stock logo
EWTX
Edgewise Therapeutics
$196,000,0020.0%8,909,0913.3%Medical
Avidity Biosciences, Inc. stock logo
RNA
Avidity Biosciences
$185,988,0440.0%6,300,4083.1%Medical
Wave Life Sciences Ltd. stock logo
WVE
Wave Life Sciences
$147,072,2330.0%18,202,0092.5%Medical
89bio, Inc. stock logo
ETNB
89bio
$144,597,995$41,542,852 40.3%19,889,6832.4%Medical
ARS Pharmaceuticals, Inc. stock logo
SPRY
ARS Pharmaceuticals
$136,631,0910.0%10,860,9772.3%Medical
SIONNA THERAPEUTICS INC
$109,258,068$109,258,068 New Holding10,445,3221.8%SH
LENZ THERAPEUTICS INC
$107,437,5390.0%4,178,8231.8%SH
DYNE THERAPEUTICS INC
$101,612,540$34,865,774 52.2%9,714,3921.7%SH
Tyra Biosciences, Inc. stock logo
TYRA
Tyra Biosciences
$98,926,7970.0%10,637,2901.7%Medical
Mineralys Therapeutics, Inc. stock logo
MLYS
Mineralys Therapeutics
$97,618,806$20,585,180 26.7%6,147,2801.6%Medical
Geron Co. stock logo
GERN
Geron
$96,003,192$48,288,030 101.2%60,379,3661.6%Medical
RxSight, Inc. stock logo
RXST
RxSight
$94,511,2050.0%3,743,0181.6%Medical
BICARA THERAPEUTICS INC
$90,636,5890.0%6,955,9931.5%SH
Disc Medicine, Inc. stock logo
IRON
Disc Medicine
$78,287,542$78,287,542 New Holding1,577,1061.3%Medical
GH Research PLC stock logo
GHRS
GH Research
$76,599,467$2,845,288 3.9%6,944,6481.3%Medical
APOGEE THERAPEUTICS INC
$58,636,1840.0%1,569,4911.0%SH
DIANTHUS THERAPEUTICS INC
$52,002,537$18,146,041 53.6%2,866,7330.9%SH
Zai Lab Limited stock logo
ZLAB
Zai Lab
$46,802,7460.0%1,295,0400.8%Medical
Day One Biopharmaceuticals, Inc. stock logo
DAWN
Day One Biopharmaceuticals
$45,641,7260.0%5,755,5770.8%Medical
SEPTERNA INC
$40,506,0180.0%6,995,8580.7%SH
TOURMALINE BIO INC
$38,617,0490.0%2,538,9250.6%SH
Eliem Therapeutics, Inc. stock logo
ELYM
Eliem Therapeutics
$38,331,5060.0%31,419,2670.6%Medical
Scholar Rock Holding Co. stock logo
SRRK
Scholar Rock
$36,536,964$35,970,610 6,351.3%1,136,4530.6%Medical
UroGen Pharma Ltd. stock logo
URGN
UroGen Pharma
$35,461,357$35,461,357 New Holding3,206,2710.6%Medical
ARTIVA BIOTHERAPEUTICS INC
$29,559,9060.0%9,853,3020.5%SH
Fulcrum Therapeutics, Inc. stock logo
FULC
Fulcrum Therapeutics
$29,459,8050.0%10,229,0990.5%Medical
Vor Biopharma Inc. stock logo
VOR
Vor Biopharma
$28,446,0330.0%39,646,0390.5%Medical
Astria Therapeutics, Inc. stock logo
ATXS
Astria Therapeutics
$27,261,8370.0%5,105,2130.5%Medical
Kura Oncology, Inc. stock logo
KURA
Kura Oncology
$26,430,426$2,946,445 -10.0%4,004,6100.4%Medical
Structure Therapeutics Inc. stock logo
GPCR
Structure Therapeutics
$26,266,5060.0%1,517,4180.4%Medical
CIDARA THERAPEUTICS INC
$23,538,8260.0%1,092,7960.4%SH
Aerovate Therapeutics, Inc. stock logo
AVTE
Aerovate Therapeutics
$23,072,1510.0%9,192,0920.4%Medical
IDEAYA Biosciences, Inc. stock logo
IDYA
IDEAYA Biosciences
$22,067,9880.0%1,347,2520.4%Medical
iTeos Therapeutics, Inc. stock logo
ITOS
iTeos Therapeutics
$21,784,870$9,294,084 74.4%3,649,0570.4%Medical
Travere Therapeutics, Inc. stock logo
TVTX
Travere Therapeutics
$20,608,0000.0%1,150,0000.3%Medical
Nkarta, Inc. stock logo
NKTX
Nkarta
$19,881,4370.0%10,805,1290.3%Medical
Glaukos Co. stock logo
GKOS
Glaukos
$18,724,996$18,724,996 New Holding190,2560.3%Medical
MONOPAR THERAPEUTICS INC
$18,613,0470.0%511,2070.3%SH
METSERA INC
$18,387,791$18,387,791 New Holding675,5250.3%SH
EyePoint Pharmaceuticals, Inc. stock logo
EYPT
EyePoint Pharmaceuticals
$17,245,4540.0%3,181,8180.3%Medical
10x Genomics, Inc. stock logo
TXG
10x Genomics
$16,973,276$11,655,894 -40.7%1,944,2470.3%Medical
Acrivon Therapeutics, Inc. stock logo
ACRV
Acrivon Therapeutics
$16,931,2310.0%8,340,5080.3%Medical
Enliven Therapeutics, Inc. stock logo
ELVN
Enliven Therapeutics
$16,708,0440.0%848,9860.3%Medical
Acumen Pharmaceuticals, Inc. stock logo
ABOS
Acumen Pharmaceuticals
$16,425,2690.0%14,932,0630.3%Medical
Solid Biosciences Inc. stock logo
SLDB
Solid Biosciences
$16,022,6500.0%4,330,4460.3%Medical
CERIBELL INC
$15,840,2200.0%824,5820.3%SH
Nurix Therapeutics, Inc. stock logo
NRIX
Nurix Therapeutics
$15,839,9960.0%1,333,3330.3%Medical
Insmed Incorporated stock logo
INSM
Insmed
$15,258,0000.0%200,0000.3%Medical
Taysha Gene Therapies, Inc. stock logo
TSHA
Taysha Gene Therapies
$15,112,7790.0%10,872,5030.3%Medical
PepGen Inc. stock logo
PEPG
PepGen
$15,018,8110.0%10,689,5450.3%Medical
4D Molecular Therapeutics, Inc. stock logo
FDMT
4D Molecular Therapeutics
$14,739,1720.0%4,563,2110.2%Medical
Protara Therapeutics, Inc. stock logo
TARA
Protara Therapeutics
$14,484,0000.0%3,400,0000.2%Medical
Larimar Therapeutics, Inc. stock logo
LRMR
Larimar Therapeutics
$12,997,5050.0%6,045,3510.2%Medical
Eledon Pharmaceuticals, Inc. stock logo
ELDN
Eledon Pharmaceuticals
$12,089,8860.0%3,566,3380.2%Medical
Alector, Inc. stock logo
ALEC
Alector
$11,925,1300.0%9,695,2280.2%Medical
Sera Prognostics, Inc. stock logo
SERA
Sera Prognostics
$11,160,7330.0%3,032,8080.2%Medical
MBX BIOSCIENCES INC
$11,153,6450.0%1,511,3340.2%SH
Bicycle Therapeutics plc stock logo
BCYC
Bicycle Therapeutics
$9,283,6200.0%1,093,4770.2%Medical
Arcus Biosciences, Inc. stock logo
RCUS
Arcus Biosciences
$8,920,457$8,920,457 New Holding1,136,3640.1%Medical
SURROZEN INC
$7,918,656$4,623,773 140.3%679,1300.1%SH
Immatics stock logo
IMTX
Immatics
$7,892,5000.0%1,750,0000.1%Medical
AVALO THERAPEUTICS INC
$7,745,6700.0%967,0000.1%SH
PERCEPTIVE CAPITAL SOLUTIONS
$7,725,0000.0%750,0000.1%SH
Bright Minds Biosciences Inc
$7,445,822$9,176,280 -55.2%206,4270.1%SH
Aclaris Therapeutics, Inc. stock logo
ACRS
Aclaris Therapeutics
$7,140,0010.0%4,666,6670.1%Medical
Acadia Healthcare Company, Inc. stock logo
ACHC
Acadia Healthcare
$6,579,440$6,579,440 New Holding217,0000.1%Medical
BETA BIONICS INC
$6,120,000$6,120,000 New Holding500,0000.1%SH
Xencor, Inc. stock logo
XNCR
Xencor
$6,118,0000.0%575,0000.1%Medical
Werewolf Therapeutics, Inc. stock logo
HOWL
Werewolf Therapeutics
$5,974,0530.0%6,144,8810.1%Medical
Adicet Bio, Inc. stock logo
ACET
Adicet Bio
$5,693,4550.0%7,541,0000.1%Medical
Humacyte, Inc. stock logo
HUMA
Humacyte
$5,647,567$5,647,567 New Holding3,312,3560.1%Medical
Zura Bio Limited stock logo
ZURA
Zura Bio
$4,150,5790.0%3,217,5030.1%Medical
BIOAGE LABS INC
$3,957,377$970,437 -19.7%1,052,4940.1%SH
BOUNDLESS BIO INC
$3,292,7530.0%2,180,6310.1%SH
NAMSW
NewAmsterdam Pharma
$2,996,6640.0%333,3330.1%Medical
Sutro Biopharma, Inc. stock logo
STRO
Sutro Biopharma
$2,885,175$2,885,175 New Holding4,434,6370.0%Medical
LEXEO THERAPEUTICS INC
$1,896,5420.0%546,5540.0%SH
CytomX Therapeutics, Inc. stock logo
CTMX
CytomX Therapeutics
$635,800$635,800 New Holding1,000,0000.0%Medical
Scilex Holding stock logo
SCLX
Scilex
$257,5000.0%1,036,2180.0%Medical
Legend Biotech Co. stock logo
LEGN
Legend Biotech
$0$244,275,632 -100.0%00.0%Medical
SPDR S&P Biotech ETF stock logo
XBI
SPDR S&P Biotech ETF
$0$110,615,294 -100.0%00.0%ETF
Axsome Therapeutics, Inc. stock logo
AXSM
Axsome Therapeutics
$0$84,610,000 -100.0%00.0%Medical
Verona Pharma plc stock logo
VRNA
Verona Pharma
$0$82,051,585 -100.0%00.0%Medical
PRAXIS PRECISION MEDICINES I
$0$58,640,057 -100.0%00.0%SH
Recursion Pharmaceuticals, Inc. stock logo
RXRX
Recursion Pharmaceuticals
$0$52,221,649 -100.0%00.0%Medical
Evolent Health, Inc. stock logo
EVH
Evolent Health
$0$40,243,466 -100.0%00.0%Computer and Technology
Chimerix, Inc. stock logo
CMRX
Chimerix
$0$30,624,000 -100.0%00.0%Medical
C4 Therapeutics, Inc. stock logo
CCCC
C4 Therapeutics
$0$17,560,800 -100.0%00.0%Medical
Pliant Therapeutics, Inc. stock logo
PLRX
Pliant Therapeutics
$0$16,870,770 -100.0%00.0%Medical
TF Financial Corp stock logo
THRD
TF Financial
$0$9,884,780 -100.0%00.0%Medical
Arvinas, Inc. stock logo
ARVN
Arvinas
$0$8,077,241 -100.0%00.0%Medical
Enanta Pharmaceuticals, Inc. stock logo
ENTA
Enanta Pharmaceuticals
$0$5,968,500 -100.0%00.0%Medical
Allakos Inc. stock logo
ALLK
Allakos
$0$1,367,217 -100.0%00.0%Medical
Regulus Therapeutics Inc. stock logo
RGLS
Regulus Therapeutics
$0$532,212 -100.0%00.0%Medical

Showing largest 100 holdings. View all holdings.
SEC Filings and Trading Data