§ 13F · FUND PROFILE
Velan Capital Investment Management LP.
Institutional filer · behavioral pattern: Other. Summary pending.
AUM · — (13F)Positions · 48Turnover · — · Q4Filed · Feb 13, 2026
CONCENTRATION
—
Top 10 holdings
NEW BUYS
0
+$172.4T deployed
EXITS
0
No exits
SECTOR SHIFT
—
No prior quarter data
3YR HIT RATE
—
Top-5 overlap
§ 01 · TOP HOLDINGS
The book · Q4 2025
FILED FEB 13, 2026
| # | Ticker | Name | Shares | $ value | % port | Δ Q4 |
|---|---|---|---|---|---|---|
| 1 | PRAX | PRAXIS PRECISION MEDICINES I | 101K | $29.7T | 17.2% | NEW |
| 2 | CDTX | CIDARA THERAPEUTICS INC | 108K | $23.9T | 13.9% | NEW |
| 3 | TARA | PROTARA THERAPEUTICS INC | 2.83M | $15.1T | 8.8% | NEW |
| 4 | HRTX | HERON THERAPEUTICS INC | 8.75M | $11.4T | 6.6% | NEW |
| 5 | ABVX | ABIVAX SA | 67K | $9.0T | 5.2% | NEW |
| 6 | EVMN | EVOMMUNE INC | 507K | $8.7T | 5.0% | NEW |
| 7 | MPLT | MAPLIGHT THERAPEUTICS INC | 493K | $8.7T | 5.0% | NEW |
| 8 | MLYS | MINERALYS THERAPEUTICS INC | 151K | $5.5T | 3.2% | NEW |
| 9 | LNTH | LANTHEUS HLDGS INC | 75K | $5.0T | 2.9% | NEW |
| 10 | AVTX | AVALO THERAPEUTICS INC | 264K | $4.8T | 2.8% | NEW |
§ 02 · SECTOR ALLOCATION
Where the money is
Sector data pending
§ 03 · THE VELAN SIGNAL
AC read
Velan Capital Investment Management LP is classified as a Other fund.
Read the full dossier →§ 04 · FILING HISTORY
Q-by-Q deltas
1 FILINGS
Q4 2025
Steady book
+0 buys · −0 exits · 0 changed