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Portfolio (Quarterly) Guide ↗

DEERFIELD MANAGEMENT COMPANY, L.P.

· CIK 0001009258
13F Portfolio $7.8B AUM Filed Feb 17, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 150 New
Page 2 of 8  ·  150 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
21 CPRX CATALYST PHARMACEUTICALS INC Healthcare 4,911,161.0 $114.6M 1.46% NEW $23.34 +33.5%
22 AHCO ADAPTHEALTH CORP Healthcare 11,477,730.0 $114.3M 1.46% NEW $9.96 +7.0%
23 BCRX BIOCRYST PHARMACEUTICALS INC Healthcare 14,341,000.0 $111.9M 1.43% NEW $7.80 +15.6%
24 IONIS PHARMACEUTICALS INC 60,000,000.0 $95.3M 1.22% NEW $1.59
25 ALIGNMENT HEALTHCARE INC 61,000,000.0 $92.6M 1.18% NEW $1.52
26 SPRY ARS PHARMACEUTICALS INC Healthcare 7,503,812.0 $87.4M 1.12% NEW $11.65 -31.8%
27 PHVS PHARVARIS N V Healthcare 3,126,042.0 $86.7M 1.11% NEW $27.75 +10.6%
28 SVRA SAVARA INC Healthcare 13,569,000.0 $81.8M 1.04% NEW $6.03 -12.6%
29 IDYA IDEAYA BIOSCIENCES INC Healthcare 2,153,043.0 $74.4M 0.95% NEW $34.57 -16.6%
30 CERT CERTARA INC Healthcare 7,808,605.0 $68.8M 0.88% NEW $8.81 -49.1%
31 BIO BIO RAD LABS INC Healthcare 226,070.0 $68.5M 0.88% NEW $302.99 -18.3%
32 NEOGENOMICS INC 72,689,000.0 $64.7M 0.83% NEW $0.89
33 ACHC ACADIA HEALTHCARE COMPANY IN Healthcare 4,520,000.0 $64.1M 0.82% NEW $14.19 +81.9%
34 BRIDGEBIO ONCOLOGY THERAPEUT 4,885,446.0 $61.2M 0.78% NEW $12.52
35 STOK STOKE THERAPEUTICS INC Healthcare 1,823,500.0 $57.9M 0.74% NEW $31.74 -1.2%
36 LNTH LANTHEUS HLDGS INC Healthcare 827,999.0 $55.1M 0.70% NEW $66.55 +45.3%
37 GPCR STRUCTURE THERAPEUTICS INC Healthcare 767,993.0 $53.4M 0.68% NEW $69.55 -42.7%
38 NVST ENVISTA HOLDINGS CORPORATION Healthcare 2,280,498.0 $49.5M 0.63% NEW $21.71 +9.9%
39 EHAB ENHABIT INC Healthcare 4,747,746.0 $43.8M 0.56% NEW $9.22 +49.7%
40 KYMR KYMERA THERAPEUTICS INC Healthcare 561,170.0 $43.7M 0.56% NEW $77.81 +8.6%
Page 2 of 8  ·  150 positions

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Healthcare 99.3%
Real Estate 0.4%
Industrials 0.1%
Financial Services 0.1%
Consumer Defensive 0.0%
Consumer Cyclical 0.0%