Caligan Partners LP
Net buyer this quarter
$2.13B
25
+$39.1M
80.9%
Holdings
| Company | Value | % of portfolio | % of company | POSITION CHANGE qoq % | First reported |
|---|---|---|---|---|---|
| Q2 2026 | |||||
 LQDA | $647M | 30.45% | 9.11% | Not reported | Q4 2022 |
 RVMD | $367M | 17.28% | 0.92% | +18.7% | Q1 2025 |
 ABVX | $208M | 9.77% | 1.98% | +6.6% | Q4 2024 |
 PCVX | $127M | 5.99% | 1.51% | +6.2% | Q4 2025 |
 EXEL | $84.5M | 3.98% | 0.62% | Not reported | Q1 2023 |
 TNGX | $78.2M | 3.68% | 1.48% | +3.8% | Q4 2025 |
 AVTX | $58.5M | 2.75% | 5.98% | +93.5% | Q3 2025 |
 XENE | $53.7M | 2.53% | 0.92% | -36.1% | Q3 2025 |
 ADMA | $47.9M | 2.25% | 2.54% | +20.4% | Q4 2022 |
 LBRX | $46.7M | 2.20% | 5.01% | Not reported | Q1 2026 |
 IMCR | $43.9M | 2.06% | 2.68% | New | Q2 2026 |
 VRDN | $40.3M | 1.90% | 1.94% | New | Q2 2026 |
 VOR | $35.4M | 1.67% | 3.54% | Not reported | Q4 2025 |
 SABS | $31.1M | 1.46% | 9.54% | Not reported | Q1 2026 |
 IVA | $30.9M | 1.45% | 4.22% | +64.1% | Q4 2025 |
 AURA | $30.5M | 1.44% | 4.15% | +1769.9% | Q2 2025 |
 TYRA | $25.8M | 1.21% | 1.35% | -36.8% | Q1 2025 |
 IRD | $25M | 1.17% | 7.35% | 0.0% | Q1 2026 |
 ANIK | $21M | 0.99% | 10.72% | Not reported | Q4 2022 |
 SGMT | $19.3M | 0.91% | 8.15% | New | Q2 2026 |
 ARTV | $16.8M | 0.79% | 7.02% | New | Q2 2026 |
 FTH | $15.7M | 0.74% | 2.44% | +399.6% | Q1 2026 |
 MBX | $11M | 0.52% | 0.42% | -76.4% | Q1 2026 |
 VRCA | $5.65M | 0.27% | 5.38% | Not reported | Q3 2023 |
 CLRB | $1.31M | 0.06% | 5.70% | New | Q2 2026 |
| Q1 2026 | |||||
| LQDA | $306M | 20.39% | 9.19% | Not reported | Q4 2022 |
| ABVX | $163M | 10.83% | 1.86% | +0.7% | Q4 2024 |
| RVMD | $161M | 10.70% | 0.83% | +28.7% | Q1 2025 |
| PCVX | $120M | 7.97% | 1.43% | +20.9% | Q4 2025 |
| XENE | $81M | 5.39% | 1.44% | +153.4% | Q3 2025 |
 MLYS | $75.1M | 5.00% | 3.36% | Not reported | Q2 2024 |
| EXEL | $66.6M | 4.43% | 0.60% | Not reported | Q1 2023 |
| TNGX | $50.4M | 3.35% | 1.67% | -35.4% | Q4 2025 |
| TYRA | $48.9M | 3.25% | 2.15% | +35.2% | Q1 2025 |
 SYRE | $44.3M | 2.95% | 1.11% | New | Q1 2026 |
| ADMA | $42.9M | 2.85% | 2.05% | +57.9% | Q4 2022 |
| LBRX | $34.6M | 2.30% | 5.02% | New | Q1 2026 |
| VOR | $34.3M | 2.29% | 3.55% | +108.1% | Q4 2025 |
| SABS | $30.5M | 2.03% | 10.52% | New | Q1 2026 |
| IRD | $27.6M | 1.84% | 8.51% | New | Q1 2026 |
| IVA | $27.6M | 1.84% | 2.57% | +148.8% | Q4 2025 |
| MBX | $25.3M | 1.69% | 1.78% | New | Q1 2026 |
| AVTX | $24.4M | 1.62% | 6.64% | +85.5% | Q3 2025 |
| ANIK | $20.8M | 1.38% | 10.74% | Not reported | Q4 2022 |
 MAZE | $18.4M | 1.22% | 1.24% | +11.8% | Q4 2025 |
| VRCA | $4.89M | 0.33% | 5.38% | Not reported | Q3 2023 |
| FTH | $3.97M | 0.26% | 9.40% | New | Q1 2026 |
| AURA | $1.54M | 0.10% | 0.36% | Not reported | Q2 2025 |
 XLO | $943K | 0.06% | 1.94% | New | Q1 2026 |
| Q4 2025 | |||||
| LQDA | $280M | 23.05% | 9.31% | Not reported | Q4 2022 |
| ABVX | $196M | 16.12% | 1.85% | Not reported | Q4 2024 |
| RVMD | $102M | 8.42% | 0.65% | +20.6% | Q1 2025 |
| MLYS | $101M | 8.28% | 3.40% | Not reported | Q2 2024 |
| PCVX | $78.7M | 6.48% | 1.30% | New | Q4 2025 |
| EXEL | $68.1M | 5.60% | 0.58% | +1.8% | Q1 2023 |
| ADMA | $54.9M | 4.52% | 1.27% | +14.3% | Q4 2022 |
| TNGX | $33M | 2.72% | 2.74% | New | Q4 2025 |
 INBX | $25.6M | 2.10% | 2.22% | +36.9% | Q3 2025 |
| TYRA | $24.8M | 2.04% | 1.76% | +35.5% | Q1 2025 |
| XENE | $24.6M | 2.03% | 0.69% | +23.6% | Q3 2025 |
| MAZE | $22.8M | 1.88% | 1.12% | New | Q4 2025 |
| RAPT | $21.8M | 1.80% | 2.33% | New | Q4 2025 |
| AVTX | $16M | 1.32% | 4.76% | +5.8% | Q3 2025 |
| ANIK | $13.8M | 1.14% | 10.33% | Not reported | Q4 2022 |
| VOR | $9.96M | 0.82% | 2.39% | New | Q4 2025 |
| IVA | $9.3M | 0.77% | 1.04% | New | Q4 2025 |
| VRCA | $7.68M | 0.63% | 5.38% | Not reported | Q3 2023 |
 SPRB | $1.79M | 0.15% | 1.50% | New | Q4 2025 |
 ELDN | $840K | 0.07% | 0.74% | New | Q4 2025 |
| Q3 2025 | |||||
| LQDA | $185M | 24.18% | 9.35% | Not reported | Q4 2022 |
| ABVX | $123M | 16.14% | 2.29% | -13.3% | Q4 2024 |
| MLYS | $105M | 13.77% | 3.51% | +37.4% | Q2 2024 |
| EXEL | $63M | 8.25% | 0.57% | Not reported | Q1 2023 |
| RVMD | $49.7M | 6.51% | 0.56% | +67.1% | Q1 2025 |
 AGIO | $45.4M | 5.95% | 1.94% | +5.6% | Q4 2022 |
| ADMA | $38.7M | 5.06% | 1.11% | Not reported | Q4 2022 |
 EOLS | $25.4M | 3.33% | 6.39% | +23.9% | Q4 2022 |
| MRUS | $20.4M | 2.68% | 0.29% | -67.0% | Q4 2024 |
| XENE | $17.8M | 2.34% | 0.58% | New | Q3 2025 |
| ANIK | $13.5M | 1.77% | 9.95% | Not reported | Q4 2022 |
| AVTX | $10.6M | 1.39% | 4.67% | New | Q3 2025 |
| TYRA | $9.75M | 1.28% | 1.31% | +266.9% | Q1 2025 |
| INBX | $7.96M | 1.04% | 1.63% | New | Q3 2025 |
| VRCA | $3.98M | 0.52% | 9.74% | 0.0% | Q3 2023 |
| AURA | $1.4M | 0.18% | 0.36% | +13.6% | Q2 2025 |