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

About Soleus Capital Management, L.P.

Investment Activity

  • Soleus Capital Management, L.P. has $2.47 billion in total holdings as of March 31, 2026.
  • Soleus Capital Management, L.P. owns shares of 93 different stocks, but just 29 companies or ETFs make up 80% of its holdings.
  • Approximately 33.95% of the portfolio was purchased this quarter.
  • About 43.28% of the portfolio was sold this quarter.
  • This quarter, Soleus Capital Management, L.P. has purchased 95 new stocks and bought additional shares in 29 stocks.
  • Soleus Capital Management, L.P. sold shares of 30 stocks and completely divested from 27 stocks this quarter.

Largest Holdings

Krystal Biotech
$297,865,434
Celcuity
$146,598,905
TG Therapeutics
$133,853,977
Insulet
$118,035,000
NovoCure
$114,367,062

Largest New Holdings this Quarter

45579U109 - INDIVIOR PHARMACEUTICALS INC
$38,831,520 Holding
74340E103 - Progyny
$35,097,660 Holding
58933Y105 - Merck & Co., Inc.
$24,418,870 Holding
G4705A100 - Icon
$21,246,720 Holding
21077P108 - Context Therapeutics
$18,243,429 Holding

Largest Purchases this Quarter

Insulet
412,500 shares (about $86.56M)
United Therapeutics
127,187 shares (about $75.42M)
Vericel
1,785,079 shares (about $57.43M)
Krystal Biotech
212,028 shares (about $54.77M)
INDIVIOR PHARMACEUTICALS INC
1,274,000 shares (about $38.83M)

Largest Sales this Quarter

DexCom
1,157,094 shares (about $72.67M)
Celcuity
523,880 shares (about $59.80M)
BioMarin Pharmaceutical
669,428 shares (about $37.82M)
Enliven Therapeutics
794,131 shares (about $31.13M)
Twist Bioscience
635,173 shares (about $30.18M)

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
Krystal Biotech, Inc. stock logo
KRYS
Krystal Biotech
$297,865,434$54,771,073 â–²22.5%1,153,08712.1%Medical
Celcuity, Inc. stock logo
CELC
Celcuity
$146,598,905$59,795,663 â–¼-29.0%1,284,3785.9%Medical
TG Therapeutics, Inc. stock logo
TGTX
TG Therapeutics
$133,853,977$29,566,033 â–²28.4%4,029,3195.4%Medical
Insulet Corporation stock logo
PODD
Insulet
$118,035,000$86,559,000 â–²275.0%562,5004.8%Medical
NovoCure Limited stock logo
NVCR
NovoCure
$114,367,062$21,382,813 â–²23.0%10,492,3914.6%Medical
United Therapeutics Corporation stock logo
UTHR
United Therapeutics
$110,998,147$75,419,347 â–²212.0%187,1874.5%Medical
PRAXIS PRECISION MEDICINES I
$106,489,272$10,454,743 â–¼-8.9%330,5174.3%COM NEW
Vericel Corporation stock logo
VCEL
Vericel
$82,003,871$57,425,991 â–²233.6%2,549,0793.3%Medical
Alkermes plc stock logo
ALKS
Alkermes
$69,689,751$22,930,960 â–²49.0%1,970,8642.8%Medical
ANI Pharmaceuticals, Inc. stock logo
ANIP
ANI Pharmaceuticals
$63,076,687$25,684,600 â–²68.7%820,2432.6%Medical
Globus Medical, Inc. stock logo
GMED
Globus Medical
$62,850,877$13,573,043 â–¼-17.8%729,4672.5%Medical
Geron Corporation stock logo
GERN
Geron
$61,847,902$27,145,802 â–²78.2%41,508,6592.5%Medical
Twist Bioscience Corporation stock logo
TWST
Twist Bioscience
$58,289,410$30,183,421 â–¼-34.1%1,226,6292.4%Medical
Edgewise Therapeutics, Inc. stock logo
EWTX
Edgewise Therapeutics
$45,672,323$17,007,323 â–²59.3%1,449,9151.8%Medical
BETA BIONICS INC
$43,632,100$18,235,759 â–²71.8%4,354,5011.8%COM
Alnylam Pharmaceuticals, Inc. stock logo
ALNY
Alnylam Pharmaceuticals
$43,559,036$20,398,136 â–²88.1%131,6501.8%Medical
Syndax Pharmaceuticals, Inc. stock logo
SNDX
Syndax Pharmaceuticals
$40,340,571$12,151,919 â–¼-23.1%1,726,9081.6%Medical
INDIVIOR PHARMACEUTICALS INC
$38,831,520$38,831,520 â–²New Holding1,274,0001.6%COM
NeuroPace, Inc. stock logo
NPCE
NeuroPace
$38,558,522$3,011,337 â–²8.5%2,932,2071.6%Medical
LivaNova PLC stock logo
LIVN
LivaNova
$37,023,700$953,400 â–²2.6%582,5001.5%Medical
Mirum Pharmaceuticals, Inc. stock logo
MIRM
Mirum Pharmaceuticals
$36,980,268$16,010,193 â–¼-30.2%400,3061.5%Medical
BioMarin Pharmaceutical Inc. stock logo
BMRN
BioMarin Pharmaceutical
$36,750,812$37,815,987 â–¼-50.7%650,5721.5%Medical
Progyny, Inc. stock logo
PGNY
Progyny
$35,097,660$35,097,660 â–²New Holding2,067,0001.4%Medical
Inspire Medical Systems, Inc. stock logo
INSP
Inspire Medical Systems
$29,725,502$14,282,502 â–²92.5%576,2991.2%Medical
Edap Tms S.A. stock logo
EDAP
Edap Tms
$27,190,4250.0%7,309,2541.1%Medical
KINIKSA PHARMACEUTICALS INTL
$25,103,147$3,160,903 â–¼-11.2%521,3531.0%ORD SHS CL A
Merck & Co., Inc. stock logo
MRK
Merck & Co., Inc.
$24,418,870$24,418,870 â–²New Holding203,0001.0%Medical
Organogenesis stock logo
ORGO
Organogenesis
$23,903,704$237,000 â–²1.0%10,085,9511.0%Medical
Natera, Inc. stock logo
NTRA
Natera
$23,798,810$19,799,010 â–²495.0%119,0001.0%Medical
AxoGen, Inc. stock logo
AXGN
AxoGen
$22,500,902$17,482,204 â–¼-43.7%679,1700.9%Medical
Vaxcyte, Inc. stock logo
PCVX
Vaxcyte
$22,399,778$12,986,772 â–¼-36.7%385,4720.9%Medical
Icon Plc stock logo
ICLR
Icon
$21,246,720$21,246,720 â–²New Holding192,0000.9%Medical
Pharvaris N.V. stock logo
PHVS
Pharvaris
$19,832,9690.0%702,0520.8%Medical
Cerus Corporation stock logo
CERS
Cerus
$19,571,734$12,291,734 â–²168.8%10,753,7000.8%Medical
Trevi Therapeutics, Inc. stock logo
TRVI
Trevi Therapeutics
$19,326,600$8,589,600 â–²80.0%1,620,0000.8%Medical
INHIBIKASE THERAPEUTICS INC
$18,270,0000.0%10,875,0000.7%COM NEW
Context Therapeutics Inc. stock logo
CNTX
Context Therapeutics
$18,243,429$18,243,429 â–²New Holding6,963,1410.7%Medical
Vir Biotechnology, Inc. stock logo
VIR
Vir Biotechnology
$17,937,920$17,937,920 â–²New Holding2,002,0000.7%Medical
Xenon Pharmaceuticals Inc. stock logo
XENE
Xenon Pharmaceuticals
$16,979,800$16,979,800 â–²New Holding292,0000.7%Medical
Travere Therapeutics, Inc. stock logo
TVTX
Travere Therapeutics
$16,221,660$16,221,660 â–²New Holding546,0000.7%Medical
Tandem Diabetes Care, Inc. stock logo
TNDM
Tandem Diabetes Care
$15,010,110$15,010,110 â–²New Holding783,0000.6%Medical
Nurix Therapeutics, Inc. stock logo
NRIX
Nurix Therapeutics
$14,541,527$4,359,081 â–¼-23.1%938,1630.6%Medical
Urogen Pharma stock logo
URGN
Urogen Pharma
$13,071,460$10,374,460 â–²384.7%727,0000.5%Medical
SIONNA THERAPEUTICS INC
$11,766,415$1,002,250 â–²9.3%293,5000.5%COM
Corcept Therapeutics Incorporated stock logo
CORT
Corcept Therapeutics
$11,509,755$11,509,755 â–²New Holding285,5310.5%Medical
JADE BIOSCIENCES INC
$11,194,2530.0%796,7440.5%COM NEW
Veracyte, Inc. stock logo
VCYT
Veracyte
$10,304,366$9,982,266 â–²3,099.1%319,9120.4%Medical
Invivyd, Inc. stock logo
IVVD
Invivyd
$10,021,3450.0%7,708,7270.4%Medical
C4 Therapeutics, Inc. stock logo
CCCC
C4 Therapeutics
$10,004,3670.0%3,803,9420.4%Medical
OrthoPediatrics Corp. stock logo
KIDS
OrthoPediatrics
$9,767,144$1,428,300 â–²17.1%615,4470.4%Medical
Arcus Biosciences, Inc. stock logo
RCUS
Arcus Biosciences
$9,762,833$5,616,000 â–¼-36.5%451,9830.4%Medical
Tango Therapeutics, Inc. stock logo
TNGX
Tango Therapeutics
$9,414,000$9,204,800 â–²4,400.0%450,0000.4%Medical
Evolus, Inc. stock logo
EOLS
Evolus
$9,228,430$4,830,730 â–²109.8%2,245,3600.4%Medical
SOPHiA GENETICS SA stock logo
SOPH
SOPHiA GENETICS
$9,157,500$9,157,500 â–²New Holding1,850,0000.4%Medical
Enliven Therapeutics, Inc. stock logo
ELVN
Enliven Therapeutics
$9,050,065$31,129,936 â–¼-77.5%230,8690.4%Medical
INHIBRX BIOSCIENCES INC
$8,807,130$7,126,380 â–²424.0%131,0000.4%COM
DexCom, Inc. stock logo
DXCM
DexCom
$8,792,000$72,665,503 â–¼-89.2%140,0000.4%Medical
SEPTERNA INC
$6,608,250$2,604,083 â–¼-28.3%275,0000.3%COM
AVALO THERAPEUTICS INC
$6,598,7320.0%441,9780.3%COM NEW
BIODESIX INC
$6,040,686$6,040,686 â–²New Holding416,5990.2%COM
Relmada Therapeutics, Inc. stock logo
RLMD
Relmada Therapeutics
$5,861,058$5,861,058 â–²New Holding842,1060.2%Medical
Cullinan Therapeutics, Inc. stock logo
CGEM
Cullinan Therapeutics
$5,828,942$5,828,942 â–²New Holding410,2000.2%Medical
Immunovant, Inc. stock logo
IMVT
Immunovant
$5,713,200$21,859,200 â–¼-79.3%230,0000.2%Medical
MBX BIOSCIENCES INC
$5,340,075$6,865,589 â–¼-56.2%178,8970.2%COM
Immunic, Inc. stock logo
IMUX
Immunic
$4,995,000$4,995,000 â–²New Holding4,500,0000.2%Medical
Larimar Therapeutics, Inc. stock logo
LRMR
Larimar Therapeutics
$4,801,320$4,801,320 â–²New Holding1,066,9600.2%Medical
Eton Pharmaceuticals, Inc. stock logo
ETON
Eton Pharmaceuticals
$4,106,283$4,106,283 â–²New Holding166,3810.2%Medical
SAB BIOTHERAPEUTICS INC
$4,021,500$4,021,500 â–²New Holding1,050,0000.2%COM NEW
PROCEPT BioRobotics Corporation stock logo
PRCT
PROCEPT BioRobotics
$4,001,600$4,001,600 â–²New Holding160,0000.2%Medical
Structure Therapeutics Inc. Sponsored ADR stock logo
GPCR
Structure Therapeutics
$3,856,000$482,000 â–¼-11.1%80,0000.2%Medical
TECTONIC THERAPEUTIC INC
$3,761,252$3,761,252 â–²New Holding121,6840.2%COM
Pulmonx Corporation stock logo
LUNG
Pulmonx
$3,596,937$967,500 â–²36.8%2,788,3230.1%Medical
Iovance Biotherapeutics, Inc. stock logo
IOVA
Iovance Biotherapeutics
$3,510,000$3,510,000 â–²New Holding1,000,0000.1%Medical
argenex SE stock logo
ARGX
argenex
$2,555,875$20,612,037 â–¼-89.0%3,5000.1%Medical
KARYOPHARM THERAPEUTICS INC
$2,450,8000.0%440,0000.1%COM NEW
SATELLOS BIOSCIENCE INC
$2,332,841$2,332,841 â–²New Holding414,3590.1%COM
Arrowhead Pharmaceuticals, Inc. stock logo
ARWR
Arrowhead Pharmaceuticals
$1,785,633$1,785,633 â–²New Holding28,4790.1%Medical
InspireMD, Inc. stock logo
NSPR
InspireMD
$1,704,504$169,996 â–¼-9.1%1,045,7080.1%Medical
Insmed, Inc. stock logo
INSM
Insmed
$1,676,080$6,254,640 â–¼-78.9%10,2500.1%Medical
CytomX Therapeutics, Inc. stock logo
CTMX
CytomX Therapeutics
$1,410,000$1,410,000 â–²New Holding300,0000.1%Medical
CG ONCOLOGY INC
$1,353,600$10,152,000 â–¼-88.2%20,0000.1%COM
NeoGenomics, Inc. stock logo
NEO
NeoGenomics
$1,298,500$1,873,580 â–¼-59.1%175,0000.1%Medical
QUOIN PHARMACEUTICALS LTD
$480,018$315,018 â–²190.9%72,7300.0%SPONSORED ADS
Cogent Biosciences, Inc. stock logo
COGT
Cogent Biosciences
$384,900$4,233,900 â–¼-91.7%10,0000.0%Medical
Tyra Biosciences, Inc. stock logo
TYRA
Tyra Biosciences
$383,000$4,404,500 â–¼-92.0%10,0000.0%Medical
STAAR Surgical Company stock logo
STAA
STAAR Surgical
$374,000$93,500 â–¼-20.0%20,0000.0%Medical
AnaptysBio, Inc. stock logo
ANAB
AnaptysBio
$332,760$7,154,340 â–¼-95.6%6,0000.0%Medical
RAPPORT THERAPEUTICS INC
$312,900$312,900 â–²New Holding10,0000.0%COM
RIGEL PHARMACEUTICALS INC
$270,400$7,842,519 â–¼-96.7%10,0000.0%COM
ZYMEWORKS INC
$250,400$2,253,600 â–¼-90.0%10,0000.0%COM
LB PHARMACEUTICALS INC
$246,6000.0%10,0000.0%COM SHS
ORUKA THERAPEUTICS INC
$245,250$9,074,250 â–¼-97.4%5,0000.0%COM
JASPER THERAPEUTICS INC
$242,105$66,865 â–²38.2%276,3120.0%COM NEW
SPDR S&P Biotech ETF stock logo
XBI
SPDR S&P Biotech ETF
$0$353,597,000 â–¼-100.0%00.0%ETF
Amicus Therapeutics, Inc. stock logo
FOLD
Amicus Therapeutics
$0$74,151,724 â–¼-100.0%00.0%Medical
GSK PLC Sponsored ADR stock logo
GSK
GSK
$0$31,336,560 â–¼-100.0%00.0%Medical
RAPT THERAPEUTICS INC
$0$25,876,680 â–¼-100.0%00.0%COM NEW
Neurocrine Biosciences, Inc. stock logo
NBIX
Neurocrine Biosciences
$0$24,959,527 â–¼-100.0%00.0%Medical
Teleflex Incorporated stock logo
TFX
Teleflex
$0$23,187,600 â–¼-100.0%00.0%Medical
Capricor Therapeutics, Inc. stock logo
CAPR
Capricor Therapeutics
$0$18,654,815 â–¼-100.0%00.0%Medical

Showing largest 100 holdings. View all holdings.
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