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Portfolio (Quarterly) Guide ↗

BRAIDWELL LP

· CIK 0001920938
13F Portfolio $3.1B AUM 73 positions Filed Feb 17, 2026 EDGAR ↗ ← All Funds
Q4 2025 Q3 2025 · All 20 New 16 Added 32 Reduced 20 Exited
Page 3 of 4  ·  73 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
41 CDNA CAREDX INC Healthcare 1,585,220.0 $29.9M 0.95% -598K -27.4% $18.84 +6.0%
42 DYN DYNE THERAPEUTICS INC Healthcare 1,478,329.0 $28.9M 0.93% -1.3M -45.9% $19.56 -6.5%
43 ENGENE HOLDINGS INC 3,131,319.0 $28.3M 0.90% +865K +38.2% $9.03
44 LEGN LEGEND BIOTECH CORP Healthcare 1,298,142.0 $28.2M 0.90% -528K -28.9% $21.74 +31.6%
45 MRVI MARAVAI LIFESCIENCES HLDGS I Healthcare 8,353,287.0 $27.1M 0.87% $3.25 +32.0%
46 DHR DANAHER CORPORATION Healthcare 118,227.0 $27.1M 0.87% -191K -61.8% $228.92 -28.1%
47 ARGX ARGENX SE Healthcare 31,007.0 $26.1M 0.83% -45K -59.2% $840.95 -5.0%
48 NTRA NATERA INC Healthcare 111,500.0 $25.5M 0.82% NEW $229.09 -14.0%
49 BRIGHT MINDS BIOSCIENCES INC 324,358.0 $25.3M 0.81% +21K +6.8% $78.04
50 TERN TERNS PHARMACEUTICALS INC Healthcare 575,321.0 $23.2M 0.74% NEW $40.40 +31.1%
51 EOLS EVOLUS INC Healthcare 3,105,209.0 $20.6M 0.66% NEW $6.65 -1.1%
52 BIIB BIOGEN INC Healthcare 115,700.0 $20.4M 0.65% NEW $175.99 +9.6%
53 KIDS ORTHOPEDIATRICS CORP Healthcare 1,100,370.0 $19.5M 0.62% -7K -0.7% $17.76 +0.8%
54 TECX TECTONIC THERAPEUTIC INC Healthcare 927,524.0 $19.3M 0.62% +191K +25.9% $20.86 +42.9%
55 VENTYX BIOSCIENCES INC 1,920,255.0 $17.3M 0.56% NEW $9.03
56 ZURA BIO LTD 3,180,389.0 $16.7M 0.53% +708K +28.6% $5.24
57 CMPX COMPASS THERAPEUTICS INC Healthcare 2,786,778.0 $15.0M 0.48% NEW $5.37 -65.4%
58 GLUE MONTE ROSA THERAPEUTICS INC Healthcare 948,316.0 $14.9M 0.48% NEW $15.68 +19.1%
59 HROW HARROW INC Healthcare 295,291.0 $14.5M 0.46% -47K -13.8% $49.00 -37.0%
60 XFOR X4 PHARMACEUTICALS INC Healthcare 3,368,904.0 $13.5M 0.43% NEW $4.00 -1.5%
Page 3 of 4  ·  73 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 100.0%