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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 4 of 4  ·  73 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
61 RGEN REPLIGEN CORP Healthcare 81,790.0 $13.4M 0.43% -114K -58.2% $163.86 -36.4%
62 ICLR ICON PLC Healthcare 73,370.0 $13.4M 0.43% NEW $182.22 -37.6%
63 KINIKSA PHARMACEUTICALS INTL 313,823.0 $12.9M 0.41% -329K -51.2% $41.25
64 GRAL GRAIL INC Healthcare 142,755.0 $12.2M 0.39% NEW $85.59 -29.1%
65 SURROZEN INC 470,000.0 $10.6M 0.34% +330K +235.7% $22.60
66 RLMD RELMADA THERAPEUTICS INC Healthcare 1,582,257.0 $7.6M 0.24% NEW $4.83 +31.3%
67 XNCR XENCOR INC Healthcare 459,166.0 $7.0M 0.23% -787K -63.2% $15.31 -27.8%
68 CSTL CASTLE BIOSCIENCES INC Healthcare 177,183.0 $6.9M 0.22% -646K -78.5% $38.90 -50.3%
69 ADPT ADAPTIVE BIOTECHNOLOGIES COR Healthcare 311,991.0 $5.1M 0.16% -424K -57.6% $16.24 -21.7%
70 BLLN BILLIONTOONE INC Healthcare 50,000.0 $4.1M 0.13% NEW $81.84 +5.2%
71 ORKA ORUKA THERAPEUTICS INC Healthcare 84,795.0 $2.6M 0.08% -1.3M -93.9% $30.31 +92.5%
72 KPTI KARYOPHARM THERAPEUTICS INC Healthcare 303,370.0 $2.2M 0.07% NEW $7.36 +1.1%
73 LUNG PULMONX CORP Healthcare 752,541.0 $1.7M 0.05% $2.21 -41.6%
Page 4 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%