Go Pro

Ra Capital Management, L.P. Top Holdings and 13F Report (2026)

About Ra Capital Management, L.P.

Investment Activity

  • Ra Capital Management, L.P. has $11.51 billion in total holdings as of June 30, 2026.
  • Ra Capital Management, L.P. owns shares of 84 different stocks, but just 23 companies or ETFs make up 80% of its holdings.
  • Approximately 40.53% of the portfolio was purchased this quarter.
  • About 30.16% of the portfolio was sold this quarter.
  • This quarter, Ra Capital Management, L.P. has purchased 85 new stocks and bought additional shares in 10 stocks.
  • Ra Capital Management, L.P. sold shares of 10 stocks and completely divested from 18 stocks this quarter.

Largest Holdings

ASCENDIS PHARMA A/S
$2,742,280,613
PARABILIS MEDICINES INC
$791,906,364
Vaxcyte
$667,018,440
SIONNA THERAPEUTICS INC
$435,722,930

Largest New Holdings this Quarter

K08588103 - ASCENDIS PHARMA A/S
$2,742,280,613 Holding
698955101 - PARABILIS MEDICINES INC
$791,906,364 Holding
423494103 - HEMAB THERAPEUTICS HOLDINGS
$286,810,870 Holding
00370M103 - ABIVAX SA-ADR
$150,924,546 Holding
687604108 - ORUKA THERAPEUTICS INC
$147,950,996 Holding

Largest Purchases this Quarter

ASCENDIS PHARMA A/S
10,281,496 shares (about $2.74B)
PARABILIS MEDICINES INC
28,933,371 shares (about $791.91M)
HEMAB THERAPEUTICS HOLDINGS
7,808,627 shares (about $286.81M)
ABIVAX SA-ADR
1,132,557 shares (about $150.92M)
ORUKA THERAPEUTICS INC
1,554,597 shares (about $147.95M)

Largest Sales this Quarter

Nuvalent
1,287,689 shares (about $159.03M)
Edgewise Therapeutics
2,035,707 shares (about $82.71M)
VOR BIOPHARMA INC
3,002,903 shares (about $55.28M)
Geron
20,961,615 shares (about $26.83M)
AKTIS ONCOLOGY INC
188,679 shares (about $6.08M)

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
$2,742,280,613$2,742,280,613 â–²New Holding10,281,49623.8%Common Stock
PARABILIS MEDICINES INC
$791,906,364$791,906,364 â–²New Holding28,933,3716.9%Common Stock
Rhythm Pharmaceuticals, Inc. stock logo
RYTM
Rhythm Pharmaceuticals
$740,218,9120.0%6,666,8376.4%Healthcare
Vaxcyte, Inc. stock logo
PCVX
Vaxcyte
$667,018,4400.0%11,474,5995.8%Healthcare
SIONNA THERAPEUTICS INC
$435,722,9300.0%9,905,0453.8%Common Stock
Tyra Biosciences, Inc. stock logo
TYRA
Tyra Biosciences
$389,624,0830.0%12,198,6253.4%Healthcare
Edgewise Therapeutics, Inc. stock logo
EWTX
Edgewise Therapeutics
$340,996,620$82,710,775 â–¼-19.5%8,392,7303.0%Healthcare
NewAmsterdam Pharma Company N.V. stock logo
NAMS
NewAmsterdam Pharma
$323,655,9730.0%9,550,1912.8%Healthcare
HEMAB THERAPEUTICS HOLDINGS
$286,810,870$286,810,870 â–²New Holding7,808,6272.5%Common Stock
SEPTERNA INC
$234,291,2840.0%6,995,8582.0%Common Stock
BICARA THERAPEUTICS INC
$215,430,4320.0%7,255,9931.9%Common Stock
Mineralys Therapeutics, Inc. stock logo
MLYS
Mineralys Therapeutics
$207,550,3950.0%7,692,7501.8%Healthcare
GH Research PLC stock logo
GHRS
GH Research
$205,277,533$1,072,082 â–¼-0.5%7,636,8131.8%Healthcare
Disc Medicine, Inc. stock logo
IRON
Disc Medicine
$179,209,1640.0%2,450,2211.6%Healthcare
SPYGLASS PHARMA INC
$178,550,0640.0%8,021,1171.6%Common Stock
ARTIVA BIOTHERAPEUTICS INC
$174,169,727$78,592,698 â–²82.2%17,955,6421.5%Common Stock
Janux Therapeutics, Inc. stock logo
JANX
Janux Therapeutics
$171,873,6840.0%11,189,6931.5%Healthcare
Taysha Gene Therapies, Inc. stock logo
TSHA
Taysha Gene Therapies
$160,413,9630.0%23,555,6481.4%Healthcare
BioCryst Pharmaceuticals, Inc. stock logo
BCRX
BioCryst Pharmaceuticals
$158,271,8600.0%15,827,1861.4%Healthcare
WAVE Life Sciences Ltd. stock logo
WVE
WAVE Life Sciences
$156,727,6840.0%26,975,5051.4%Healthcare
Nuvalent, Inc. stock logo
NUVL
Nuvalent
$153,937,316$159,029,592 â–¼-50.8%1,246,4561.3%Healthcare
ABIVAX SA-ADR
$150,924,546$150,924,546 â–²New Holding1,132,5571.3%ADR
ORUKA THERAPEUTICS INC
$147,950,996$147,950,996 â–²New Holding1,554,5971.3%Common Stock
Eliem Therapeutics, Inc. stock logo
ELYM
Eliem Therapeutics
$147,364,2450.0%11,300,9391.3%Healthcare
Solid Biosciences Inc. stock logo
SLDB
Solid Biosciences
$120,240,899$26,934,519 â–²28.9%12,036,1261.0%Healthcare
Zai Lab Limited Unsponsored ADR stock logo
ZLAB
Zai Lab
$109,127,127$689,149 â–²0.6%5,743,5330.9%Healthcare
ARS Pharmaceuticals, Inc. stock logo
SPRY
ARS Pharmaceuticals
$86,996,4260.0%10,860,9770.8%Healthcare
Xencor, Inc. stock logo
XNCR
Xencor
$84,915,811$6,070,296 â–²7.7%5,274,2740.7%Healthcare
JADE BIOSCIENCES INC
$81,571,4640.0%3,671,0830.7%Common Stock
Intellia Therapeutics, Inc. stock logo
NTLA
Intellia Therapeutics
$76,595,588$76,595,588 â–²New Holding4,526,9260.7%Healthcare
LB PHARMACEUTICALS INC
$71,680,2430.0%2,208,6040.6%Common Stock
DEFINIUM THERAPEUTICS INC
$70,560,000$70,560,000 â–²New Holding1,500,0000.6%Common Stock
Aclaris Therapeutics, Inc. stock logo
ACRS
Aclaris Therapeutics
$67,304,808$31,311,267 â–²87.0%12,723,0260.6%Healthcare
4D Molecular Therapeutics, Inc. stock logo
FDMT
4D Molecular Therapeutics
$67,162,0610.0%5,049,7790.6%Healthcare
Sana Biotechnology, Inc. stock logo
SANA
Sana Biotechnology
$65,437,500$65,437,500 â–²New Holding18,750,0000.6%Healthcare
DAMORA THERAPEUTICS INC
$62,416,249$10,196 â–²0.0%2,399,7020.5%Common Stock
MONOPAR THERAPEUTICS INC
$61,776,6960.0%667,2070.5%Common Stock
Acumen Pharmaceuticals, Inc. stock logo
ABOS
Acumen Pharmaceuticals
$56,050,4260.0%20,992,6690.5%Healthcare
Geron Corporation stock logo
GERN
Geron
$54,796,481$26,830,867 â–¼-32.9%42,809,7510.5%Healthcare
Rezolute, Inc. stock logo
RZLT
Rezolute
$49,114,203$1,378,203 â–²2.9%9,445,0390.4%Healthcare
EVOMMUNE INC
$46,443,7390.0%3,494,6380.4%Common Stock
VOR BIOPHARMA INC
$44,222,569$55,283,444 â–¼-55.6%2,402,0950.4%Common Stock
Century Therapeutics, Inc. stock logo
IPSC
Century Therapeutics
$43,498,3540.0%17,754,4300.4%Healthcare
AKTIS ONCOLOGY INC
$42,363,273$6,081,124 â–¼-12.6%1,314,4050.4%Common Stock
BIOAGE LABS INC
$40,972,092$514,710 â–²1.3%1,671,6480.4%Common Stock
C4 Therapeutics, Inc. stock logo
CCCC
C4 Therapeutics
$37,360,0000.0%8,000,0000.3%Healthcare
Mirum Pharmaceuticals, Inc. stock logo
MIRM
Mirum Pharmaceuticals
$37,293,1170.0%318,5540.3%Healthcare
Capricor Therapeutics, Inc. stock logo
CAPR
Capricor Therapeutics
$36,308,8840.0%1,507,8440.3%Healthcare
PepGen, Inc. stock logo
PEPG
PepGen
$36,116,1810.0%20,064,5450.3%Healthcare
Prelude Therapeutics Incorporated stock logo
PRLD
Prelude Therapeutics
$34,516,451$34,516,451 â–²New Holding6,475,8820.3%Healthcare
Nkarta, Inc. stock logo
NKTX
Nkarta
$30,578,5150.0%10,805,1290.3%Healthcare
Q32 BIO INC
$29,715,502$29,715,502 â–²New Holding2,332,4570.3%Common Stock
ANTERIS TECHNOLOGIES GLOBAL
$29,550,0000.0%3,000,0000.3%Common Stock
Editas Medicine, Inc. stock logo
EDIT
Editas Medicine
$28,800,360$28,800,360 â–²New Holding8,889,0000.3%Healthcare
Ovid Therapeutics stock logo
OVID
Ovid Therapeutics
$28,247,604$573,056 â–¼-2.0%10,500,9680.2%Healthcare
ASSEMBLY BIOSCIENCES INC
$28,040,8670.0%1,020,4100.2%Common Stock
ALX Oncology Holdings Inc. stock logo
ALXO
ALX Oncology
$26,934,5270.0%13,011,8490.2%Healthcare
BENITEC BIOPHARMA INC
$24,753,0000.0%1,850,0000.2%Common Stock
LENZ THERAPEUTICS INC
$23,735,7150.0%4,178,8230.2%Common Stock
LEXEO THERAPEUTICS INC
$23,275,0000.0%5,000,0000.2%Common Stock
Acrivon Therapeutics, Inc. stock logo
ACRV
Acrivon Therapeutics
$21,768,325$6,922,221 â–²46.6%12,229,3960.2%Healthcare
Altimmune, Inc. stock logo
ALT
Altimmune
$19,760,000$19,760,000 â–²New Holding6,500,0000.2%Healthcare
KARYOPHARM THERAPEUTICS INC
$18,732,5490.0%1,917,3540.2%Common Stock
BRIGHT MINDS BIOSCIENCES INC
$18,603,0000.0%265,0000.2%Common Stock
AVALO THERAPEUTICS INC
$18,480,000$6,228,351 â–²50.8%1,000,0000.2%Common Stock
ONKURE THERAPEUTICS INC-A
$18,232,3980.0%3,998,3330.2%Common Stock
FAETH THERAPEUTICS INC
$18,050,500$18,050,500 â–²New Holding722,0200.2%Common Stock
Aura Biosciences, Inc. stock logo
AURA
Aura Biosciences
$17,750,000$17,750,000 â–²New Holding2,500,0000.2%Healthcare
SAB BIOTHERAPEUTICS INC
$17,165,8500.0%4,401,5000.1%Common Stock
SEAPORT THERAPEUTICS INC
$15,204,000$15,204,000 â–²New Holding700,0000.1%Common Stock
PALISADE BIO INC
$14,889,4020.0%7,124,1160.1%Common Stock
HELIX ACQUISITION CORP-CL A
$13,300,0000.0%1,250,0000.1%Common Stock
WAYSTAR HOLDING CORP
$10,868,5820.0%529,4000.1%Common Stock
Equillium, Inc. stock logo
EQ
Equillium
$9,908,2750.0%3,096,3360.1%Healthcare
MacroGenics, Inc. stock logo
MGNX
MacroGenics
$8,612,4930.0%1,864,1760.1%Healthcare
PERCEPTIVE CAPITAL SOLUTIONS
$8,160,0000.0%750,0000.1%Common Stock
ADICET BIO INC
$8,057,871$2,160,000 â–¼-21.1%932,6240.1%Common Stock
NewAmsterdam Pharma stock logo
NAMSW
NewAmsterdam Pharma
$7,123,3260.0%333,3330.1%Healthcare
Corvus Pharmaceuticals, Inc. stock logo
CRVS
Corvus Pharmaceuticals
$6,723,0000.0%450,0000.1%Healthcare
Rani Therapeutics Holdings, Inc. stock logo
RANI
Rani Therapeutics
$6,463,4000.0%8,500,0000.1%Healthcare
JATT II ACQUISITION CORP
$5,680,000$5,680,000 â–²New Holding500,0000.0%Common Stock
AMANAT ACQUISITION CORP CL A
$3,810,000$3,810,000 â–²New Holding375,0000.0%Common Stock
Werewolf Therapeutics, Inc. stock logo
HOWL
Werewolf Therapeutics
$859,349$1,545,253 â–¼-64.3%2,387,7440.0%Healthcare
PALATIN TECHNOLOGIES INC
$670,318$84,982 â–¼-11.3%62,1240.0%Common Stock
Ascendis Pharma A/S stock logo
ASND
Ascendis Pharma A/S
$0$2,351,686,580 â–¼-100.0%00.0%Healthcare
DIANTHUS THERAPEUTICS INC
$0$219,176,633 â–¼-100.0%00.0%COMMON STOCK
PRAXIS PRECISION MEDICINES I
$0$120,430,434 â–¼-100.0%00.0%COMMON STOCK
Sarepta Therapeutics, Inc. stock logo
SRPT
Sarepta Therapeutics
$0$84,920,489 â–¼-100.0%00.0%Healthcare
SPYRE THERAPEUTICS INC
$0$81,794,513 â–¼-100.0%00.0%COMMON STOCK
Fulcrum Therapeutics, Inc. stock logo
FULC
Fulcrum Therapeutics
$0$46,433,873 â–¼-100.0%00.0%Healthcare
Olema Pharmaceuticals, Inc. stock logo
OLMA
Olema Pharmaceuticals
$0$38,766,000 â–¼-100.0%00.0%Healthcare
Design Therapeutics, Inc. stock logo
DSGN
Design Therapeutics
$0$31,632,433 â–¼-100.0%00.0%Healthcare
Travere Therapeutics, Inc. stock logo
TVTX
Travere Therapeutics
$0$22,188,646 â–¼-100.0%00.0%Healthcare
GRAIL INC
$0$22,132,787 â–¼-100.0%00.0%COMMON STOCK
Relmada Therapeutics, Inc. stock logo
RLMD
Relmada Therapeutics
$0$20,513,688 â–¼-100.0%00.0%Healthcare
SUTRO BIOPHARMA INC
$0$17,818,297 â–¼-100.0%00.0%COMMON STOCK
CONTINEUM THERAPEUTICS INC-A
$0$16,925,917 â–¼-100.0%00.0%COMMON STOCK
Inspire Medical Systems, Inc. stock logo
INSP
Inspire Medical Systems
$0$16,797,698 â–¼-100.0%00.0%Healthcare
HINGE HEALTH INC-A
$0$14,059,477 â–¼-100.0%00.0%COMMON STOCK
GeneDx Holdings Corp. stock logo
WGS
GeneDx
$0$13,478,943 â–¼-100.0%00.0%Healthcare

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