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Portfolio (Quarterly) Guide ↗

TANG CAPITAL MANAGEMENT LLC

· CIK 0001232621
13F Portfolio $2.6B AUM Filed Nov 14, 2025 EDGAR ↗ ← All Funds
Q4 2025 Q3 2025 · All 194 New
Page 10 of 10  ·  194 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
181 IPSC CENTURY THERAPEUTICS INC Healthcare 900,000.0 $448K 0.02% NEW $0.50 +369.9%
182 IVVD INVIVYD INC Healthcare 400,000.0 $440K 0.02% NEW $1.10 +10.0%
183 HRL HORMEL FOODS CORP Consumer Defensive 16,181.0 $400K 0.01% NEW $24.74 -19.2%
184 FDX FEDEX CORP Industrials 1,693.0 $399K 0.01% NEW $235.88 +61.1%
185 CLX CLOROX CO DEL Consumer Defensive 3,052.0 $376K 0.01% NEW $123.28 -26.6%
186 MGNX MACROGENICS INC Healthcare 218,856.0 $368K 0.01% NEW $1.68 +147.6%
187 BOLT BOLT BIOTHERAPEUTICS INC Healthcare 66,879.0 $356K 0.01% NEW $5.32 -10.2%
188 GHRS GH RESEARCH PLC Healthcare 24,030.0 $344K 0.01% NEW $14.30 +55.3%
189 WHR WHIRLPOOL CORP Consumer Cyclical 4,335.0 $341K 0.01% NEW $78.60 -45.9%
190 ONKURE THERAPEUTICS INC 116,395.0 $320K 0.01% NEW $2.75
191 LONA ATHIRA PHARMA INC Healthcare 59,998.0 $248K 0.01% NEW $4.14 +174.6%
192 MGX METAGENOMI INC Healthcare 28,008.0 $66K 0.00% NEW $2.37 -44.7%
193 PACB PACIFIC BIOSCIENCES CALIF IN Healthcare 25,000.0 $32K 0.00% NEW $1.28 -5.5%
194 FLNA CASSAVA SCIENCES INC COMMON STOCK Healthcare 7,073.0 $21K 0.00% NEW $2.91 -59.4%
Page 10 of 10  ·  194 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 94.4%
Consumer Cyclical 2.3%
Technology 1.3%
Communication Services 1.0%
Financial Services 0.3%
Real Estate 0.2%
Consumer Defensive 0.2%
Industrials 0.1%
Energy 0.1%
Utilities 0.0%