NEXTBio Capital Management LP

CIK 2038158 · View on SEC EDGAR ↗

Portfolio value
$217.4M
#6,174 of 9,443 by 13F value · top 65.4%
Positions
22
As of
June 30, 2026

Portfolio value QoQ: +0.9% 13F does not disclose cash

Top 10 holdings weight
77.70%
Top 25 holdings weight
100.00%
Positions above 1%
20
Effective number of positions
13.5

Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)

Turnover Q2 2026: 13.02% Est. buys $28,175,236 · sells $52,334,652

New positions
3
Increased
7
Decreased
5
Closed
5
On this page

Sector breakdown

Healthcare
100.0%

Full portfolio 22 positions

Type Streak 8Q trend
PTGX Protagonist Therapeutics, Inc. - Common Stock $26,885,839 12.37% 219,333 $2,683,996 Down ×1
STTK Shattuck Labs, Inc. - Common Stock $25,867,795 11.90% 3,727,348 $5,613,893 Up ×1
CMPS COMPASS Pathways Plc - American Depository Shares $25,126,990 11.56% 1,775,759 $13,948,609 Down ×1
GPCR Structure Therapeutics Inc. - American Depositary Shares $16,771,660 7.71% 312,496 $10,349,540 Up ×2
VOR Vor Biopharma Inc. - Common Stock $16,369,509 7.53% 889,164 $-1,469,902 Down ×1
RYTM Rhythm Pharmaceuticals, Inc. - Common Stock $14,629,091 6.73% 131,758 $3,664,087 Up ×2
PVLA Palvella Therapeutics, Inc. - Common Stock $13,739,893 6.32% 89,909 $3,433,083 Up ×1
XENE Xenon Pharmaceuticals Inc. - Common Shares $11,059,461 5.09% 183,225 $404,927
ZBIO Zenas BioPharma, Inc. - Common Stock $10,830,560 4.98% 426,736 $2,487,871
ORIC Oric Pharmaceuticals, Inc. - Common Stock $7,647,323 3.52% 706,124 $1,013,070 Up ×1
IVA Inventiva S.A. - American Depository Shares $6,758,580 3.11% 1,787,984 $-642,256 Up ×2
CBIO Crescent Biopharma, Inc. - Common Stock $6,711,408 3.09% 372,856 $-137,957
PCVX Vaxcyte, Inc. - Common Stock $6,232,873 2.87% 107,223 $699,464 Up ×1
COGT Cogent Biosciences, Inc. - Common Stock $5,072,603 2.33% 131,075 $23,177 Down ×1
VSTM Verastem, Inc. - Common Stock $4,991,976 2.30% 1,306,800 $-1,934,064
IRON Disc Medicine, Inc. - Common Stock $3,851,187 1.77% 52,655 $484,426
PHVS Pharvaris N.V. - Ordinary Shares $3,736,542 1.72% 108,055 Up ×1
ZLAB Zai Lab Limited - American Depositary Shares $3,483,878 1.60% 183,362 $34,839
BIOA BioAge Labs, Inc. - Common Stock $2,468,941 1.14% 100,732 Up ×1
LBRX LB Pharmaceuticals Inc - Common Stock $2,215,021 1.02% 68,249 Up ×1
EVMN Evommune, Inc. Common Stock $1,582,347 0.73% 119,063 $-2,649,261 Down ×2
ACET Adicet Bio, Inc. - Common Stock $1,363,625 0.63% 157,827 $288,823

Biggest new bets

New positions opened this quarter, largest first.

Security Value Shares % of portfolio
PHVS $3,736,542 108,055 1.72%
BIOA $2,468,941 100,732 1.14%
LBRX $2,215,021 68,249 1.02%

Top movers (QoQ)

Security Action Shares Δ Value Δ
CMPS Trimmed -246K +$13.9M
GPCR Bought more +179K +$10.3M
STTK Bought more +577K +$5.6M
RYTM Bought more +6K +$3.7M
PVLA Bought more +7K +$3.4M
PTGX Trimmed -10K +$2.7M
EVMN Trimmed -65K -$2.6M
ZBIO Price move only +0 +$2.5M
VSTM Price move only +0 -$1.9M
VOR Trimmed -111K -$1.5M

Exited positions

Includes corporate events (mergers, delistings) — not all exits are sells

Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.

SecurityQuarter Shares before Value before Price since exit
TERN June 30, 2026 604,534 $31,871,032 No longer tracked
CMPX June 30, 2026 848,204 $4,486,999 11.9%
OCS June 30, 2026 149,592 $3,977,651 -4.3%
KALV June 30, 2026 131,796 $2,653,053 No longer tracked
SMMT June 30, 2026 89,717 $1,701,034 -13.7%