Free Trial

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

About Soleus Capital Management, L.P.

Investment Activity

  • Soleus Capital Management, L.P. has $1.39 billion in total holdings as of March 31, 2025.
  • Soleus Capital Management, L.P. owns shares of 75 different stocks, but just 27 companies or ETFs make up 80% of its holdings.
  • Approximately 28.03% of the portfolio was purchased this quarter.
  • About 30.49% of the portfolio was sold this quarter.
  • This quarter, Soleus Capital Management, L.P. has purchased 81 new stocks and bought additional shares in 22 stocks.
  • Soleus Capital Management, L.P. sold shares of 21 stocks and completely divested from 23 stocks this quarter.

Largest Holdings

TG Therapeutics
$112,245,499
NovoCure
$98,391,597
Krystal Biotech
$79,648,967

Largest New Holdings this Quarter

852312305 - STAAR Surgical
$45,183,804 Holding
08659B102 - BETA BIONICS INC
$41,558,974 Holding
436440101 - Hologic
$18,654,540 Holding
04016X101 - argenx
$17,128,573 Holding
80105N105 - Sanofi
$12,546,050 Holding

Largest Purchases this Quarter

NovoCure
2,781,710 shares (about $49.57M)
STAAR Surgical
2,562,893 shares (about $45.18M)
BETA BIONICS INC
3,395,341 shares (about $41.56M)
PRAXIS PRECISION MEDICINES I
896,200 shares (about $33.94M)
Madrigal Pharmaceuticals
56,600 shares (about $18.75M)

Largest Sales this Quarter

SPDR S&P Biotech ETF
1,600,000 shares (about $129.76M)
AxoGen
1,509,826 shares (about $27.93M)
Teva Pharmaceutical Industries
1,642,500 shares (about $25.25M)
Adaptive Biotechnologies
2,973,142 shares (about $22.09M)
Syndax Pharmaceuticals
1,675,390 shares (about $20.58M)

Sector Allocation Over Time

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

 
 
Selling
 
 
Neutral
 
 
Buying
Issuer NameHoldings ValueApproximate Purchase/SaleChange in SharesShares Held% of PortfolioSector
SPDR S&P Biotech ETF stock logo
XBI
SPDR S&P Biotech ETF
$113,540,000$129,760,000 -53.3%1,400,0008.2%ETF
TG Therapeutics, Inc. stock logo
TGTX
TG Therapeutics
$112,245,499$6,524,127 6.2%2,846,7038.1%Medical
NovoCure Limited stock logo
NVCR
NovoCure
$98,391,597$49,570,072 101.5%5,521,4147.1%Medical
Krystal Biotech, Inc. stock logo
KRYS
Krystal Biotech
$79,648,967$15,033,234 23.3%441,7585.7%Medical
BioMarin Pharmaceutical Inc. stock logo
BMRN
BioMarin Pharmaceutical
$76,296,000$5,507,034 7.8%1,079,3045.5%Medical
Organogenesis Holdings Inc. stock logo
ORGO
Organogenesis
$53,906,476$28,188 -0.1%12,478,3513.9%Medical
Grifols, S.A. stock logo
GRFS
Grifols
$50,408,634$3,444,063 7.3%7,089,8223.6%Medical
United Therapeutics Co. stock logo
UTHR
United Therapeutics
$47,903,308$14,180,420 42.0%155,3943.4%Medical
STAAR Surgical stock logo
STAA
STAAR Surgical
$45,183,804$45,183,804 New Holding2,562,8933.3%Medical
PRAXIS PRECISION MEDICINES I
$43,161,954$33,939,094 368.0%1,139,7403.1%COM NEW
BETA BIONICS INC
$41,558,974$41,558,974 New Holding3,395,3413.0%COM
NeuroPace, Inc. stock logo
NPCE
NeuroPace
$32,054,385$2,150,750 7.2%2,608,1682.3%Medical
Nurix Therapeutics, Inc. stock logo
NRIX
Nurix Therapeutics
$28,783,256$3,801,600 15.2%2,422,8332.1%Medical
AxoGen, Inc. stock logo
AXGN
AxoGen
$26,753,165$27,931,782 -51.1%1,446,1171.9%Medical
Celcuity Inc. stock logo
CELC
Celcuity
$26,024,373$91,344 0.4%2,574,1221.9%Medical
Iovance Biotherapeutics, Inc. stock logo
IOVA
Iovance Biotherapeutics
$25,924,050$4,079,250 18.7%7,785,0001.9%Medical
Surmodics, Inc. stock logo
SRDX
Surmodics
$24,090,002$12,059,350 100.2%789,0601.7%Medical
Integra LifeSciences Holdings Co. stock logo
IART
Integra LifeSciences
$23,577,766$4,481,474 -16.0%1,072,2041.7%Medical
Terns Pharmaceuticals, Inc. stock logo
TERN
Terns Pharmaceuticals
$22,541,196$67,896 0.3%8,167,1001.6%Medical
Madrigal Pharmaceuticals, Inc. stock logo
MDGL
Madrigal Pharmaceuticals
$22,358,025$18,747,618 519.3%67,5001.6%Medical
Insmed Incorporated stock logo
INSM
Insmed
$20,924,211$3,509,340 -14.4%274,2721.5%Medical
RIGEL PHARMACEUTICALS INC
$20,340,9150.0%1,130,6791.5%COM
Hologic, Inc. stock logo
HOLX
Hologic
$18,654,540$18,654,540 New Holding302,0001.3%Medical
argenx SE stock logo
ARGX
argenx
$17,128,573$17,128,573 New Holding28,9401.2%Medical
Merus stock logo
MRUS
Merus
$16,239,206$3,093,615 23.5%385,8211.2%Medical
Nuvalent, Inc. stock logo
NUVL
Nuvalent
$15,202,198$7,801,200 105.4%214,3571.1%Medical
ANI Pharmaceuticals, Inc. stock logo
ANIP
ANI Pharmaceuticals
$15,042,594$1,298,161 9.4%224,6841.1%Medical
Edap Tms S.A. stock logo
EDAP
Edap Tms
$14,326,1380.0%7,309,2541.0%Medical
Inhibikase Therapeutics, Inc. stock logo
IKT
Inhibikase Therapeutics
$13,851,7500.0%6,325,0001.0%Medical
Evolus, Inc. stock logo
EOLS
Evolus
$12,982,271$4,595,460 54.8%1,079,1580.9%Medical
Pharvaris stock logo
PHVS
Pharvaris
$12,790,0360.0%814,6520.9%Medical
Sanofi stock logo
SNY
Sanofi
$12,546,050$12,546,050 New Holding226,2180.9%Medical
C4 Therapeutics, Inc. stock logo
CCCC
C4 Therapeutics
$11,166,3070.0%6,978,9420.8%Medical
Soleno Therapeutics, Inc. stock logo
SLNO
Soleno Therapeutics
$10,717,500$10,717,500 New Holding150,0000.8%Medical
KINIKSA PHARMACEUTICALS INTL
$10,427,595$10,427,595 New Holding469,5000.8%ORD SHS CL A
Arcellx, Inc. stock logo
ACLX
Arcellx
$10,038,834$2,099,200 26.4%153,0310.7%Medical
Syndax Pharmaceuticals, Inc. stock logo
SNDX
Syndax Pharmaceuticals
$10,032,054$20,582,166 -67.2%816,6100.7%Medical
Orthofix Medical Inc. stock logo
OFIX
Orthofix Medical
$9,817,397$1,377,363 -12.3%601,9250.7%Medical
Tandem Diabetes Care, Inc. stock logo
TNDM
Tandem Diabetes Care
$9,504,107$9,504,107 New Holding496,0390.7%Medical
Scholar Rock Holding Co. stock logo
SRRK
Scholar Rock
$9,162,750$3,776,243 70.1%285,0000.7%Medical
Ascendis Pharma A/S stock logo
ASND
Ascendis Pharma A/S
$8,774,918$13,668,922 -60.9%56,3000.6%Medical
Protagonist Therapeutics, Inc. stock logo
PTGX
Protagonist Therapeutics
$8,172,840$5,126,160 -38.5%169,0000.6%Medical
Immunic, Inc. stock logo
IMUX
Immunic
$7,949,3780.0%7,293,0070.6%Medical
CG ONCOLOGY INC
$7,434,797$612,250 -7.6%303,5850.5%COM
Teva Pharmaceutical Industries Limited stock logo
TEVA
Teva Pharmaceutical Industries
$6,924,185$25,245,225 -78.5%450,5000.5%Medical
THERATECHNOLOGIES INC
$6,721,9260.0%4,801,3760.5%COM NEW
JASPER THERAPEUTICS INC
$6,426,0060.0%1,494,4200.5%COM NEW
Inspire Medical Systems, Inc. stock logo
INSP
Inspire Medical Systems
$6,211,920$6,211,920 New Holding39,0000.4%Medical
Verastem, Inc. stock logo
VSTM
Verastem
$5,643,531$7,526,145 -57.1%935,9090.4%Medical
Akero Therapeutics, Inc. stock logo
AKRO
Akero Therapeutics
$4,736,160$4,736,160 New Holding117,0000.3%Medical
LivaNova PLC stock logo
LIVN
LivaNova
$4,597,331$4,597,331 New Holding117,0400.3%Medical
SEPTERNA INC
$4,350,334$439,716 11.2%751,3530.3%COM
Geron Co. stock logo
GERN
Geron
$3,816,000$3,816,000 New Holding2,400,0000.3%Medical
Sarepta Therapeutics, Inc. stock logo
SRPT
Sarepta Therapeutics
$3,701,560$3,701,560 New Holding58,0000.3%Medical
ESSA Pharma Inc. stock logo
EPIX
ESSA Pharma
$3,574,0010.0%2,262,0260.3%Medical
Myomo, Inc. stock logo
MYO
Myomo
$3,387,563$941,437 -21.7%704,2750.2%Medical
Revolution Medicines, Inc. stock logo
RVMD
Revolution Medicines
$2,997,962$4,112,368 -57.8%84,7840.2%Medical
Delcath Systems, Inc. stock logo
DCTH
Delcath Systems
$2,962,551$7,234,179 -70.9%232,7220.2%Medical
Erasca, Inc. stock logo
ERAS
Erasca
$2,962,1620.0%2,162,1620.2%Medical
InspireMD, Inc. stock logo
NSPR
InspireMD
$2,543,061$1,164,103 -31.4%945,3760.2%Medical
SIONNA THERAPEUTICS INC
$2,510,400$2,510,400 New Holding240,0000.2%COM
Axsome Therapeutics, Inc. stock logo
AXSM
Axsome Therapeutics
$1,982,710$1,982,710 New Holding17,0000.1%Medical
AnaptysBio, Inc. stock logo
ANAB
AnaptysBio
$1,897,147$5,799,114 -75.3%102,0520.1%Medical
Denali Therapeutics Inc. stock logo
DNLI
Denali Therapeutics
$1,835,325$1,835,325 New Holding135,0000.1%Medical
Edgewise Therapeutics, Inc. stock logo
EWTX
Edgewise Therapeutics
$1,590,600$2,442,000 -60.6%72,3000.1%Medical
Y-mAbs Therapeutics, Inc. stock logo
YMAB
Y-mAbs Therapeutics
$1,550,4200.0%349,9820.1%Medical
Mereo BioPharma Group plc stock logo
MREO
Mereo BioPharma Group
$1,545,644$225,000 -12.7%686,9530.1%Medical
CalciMedica, Inc. stock logo
CALC
CalciMedica
$1,497,2570.0%783,9040.1%Medical
TECTONIC THERAPEUTIC INC
$1,360,854$796,950 141.3%76,8410.1%COM
ADVERUM BIOTECHNOLOGIES INC
$1,255,2650.0%287,2460.1%COM NEW
OrthoPediatrics Corp. stock logo
KIDS
OrthoPediatrics
$1,108,350$1,108,350 New Holding45,0000.1%Medical
ABIVAX SA
$781,2500.0%125,0000.1%SPONSORED ADS
APOGEE THERAPEUTICS INC
$597,760$2,017,440 -77.1%16,0000.0%COM
IO Biotech, Inc. stock logo
IOBT
IO Biotech
$210,0100.0%192,6700.0%Medical
Adaptive Biotechnologies Co. stock logo
ADPT
Adaptive Biotechnologies
$74,300$22,090,445 -99.7%10,0000.0%Medical
AstraZeneca PLC stock logo
AZN
AstraZeneca
$0$26,797,680 -100.0%00.0%Medical
QuidelOrtho Co. stock logo
QDEL
QuidelOrtho
$0$24,372,503 -100.0%00.0%Medical
Alnylam Pharmaceuticals, Inc. stock logo
ALNY
Alnylam Pharmaceuticals
$0$18,071,808 -100.0%00.0%Medical
Takeda Pharmaceutical Company Limited stock logo
TAK
Takeda Pharmaceutical
$0$15,623,200 -100.0%00.0%Medical
Eli Lilly and Company stock logo
LLY
Eli Lilly and Company
$0$8,999,976 -100.0%00.0%Medical
Vaxcyte, Inc. stock logo
PCVX
Vaxcyte
$0$8,108,233 -100.0%00.0%Medical
Castle Biosciences, Inc. stock logo
CSTL
Castle Biosciences
$0$6,740,238 -100.0%00.0%Medical
Vericel Co. stock logo
VCEL
Vericel
$0$4,431,017 -100.0%00.0%Medical
Crinetics Pharmaceuticals, Inc. stock logo
CRNX
Crinetics Pharmaceuticals
$0$4,346,050 -100.0%00.0%Medical
Rocket Pharmaceuticals, Inc. stock logo
RCKT
Rocket Pharmaceuticals
$0$3,414,754 -100.0%00.0%Medical
Replimune Group, Inc. stock logo
REPL
Replimune Group
$0$3,178,875 -100.0%00.0%Medical
Establishment Labs Holdings Inc. stock logo
ESTA
Establishment Labs
$0$2,736,558 -100.0%00.0%Medical
Bausch + Lomb Co. stock logo
BLCO
Bausch + Lomb
$0$2,176,230 -100.0%00.0%Medical
MDXHEALTH SA
$0$2,018,501 -100.0%00.0%SHS NEW
Enliven Therapeutics, Inc. stock logo
ELVN
Enliven Therapeutics
$0$1,696,613 -100.0%00.0%Medical
Regeneron Pharmaceuticals, Inc. stock logo
REGN
Regeneron Pharmaceuticals
$0$1,638,359 -100.0%00.0%Medical
Aadi Bioscience, Inc. stock logo
AADI
Aadi Bioscience
$0$1,051,331 -100.0%00.0%Medical
Viridian Therapeutics, Inc. stock logo
VRDN
Viridian Therapeutics
$0$872,235 -100.0%00.0%Medical
GSK plc stock logo
GSK
GSK
$0$341,920 -100.0%00.0%Medical
GeneDx Holdings Corp. stock logo
WGS
GeneDx
$0$307,440 -100.0%00.0%Medical
Tenet Healthcare Co. stock logo
THC
Tenet Healthcare
$0$255,868 -100.0%00.0%Medical
BeiGene, Ltd. stock logo
BGNE
BeiGene
$0$212,417 -100.0%00.0%Medical
Elevance Health, Inc. stock logo
ELV
Elevance Health
$0$202,895 -100.0%00.0%Medical

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