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Ikarian Capital, LLC
Period ended Jun 30, 2026 · Latest filing Aug 14, 2026
These quarterly holdings are delayed and may not include all assets or short positions.
Values are from the reporting date, not current prices or purchase costs.
The same security may appear in multiple rows.
Source: SEC
Reported portfolio value
Quarter-end reported holdings; not current value or investment performance.
View reported values
- Jun 30, 2026: $928,174,362
More quarters will appear as history becomes available.
Top holdings
Top 10 at Jun 30, 2026. Matching entries are combined; security classes and options remain separate. Shares exclude principal amounts; option shares reflect the reported underlying amount.
View top holdings values
- SPDR SERIES TRUST · ST STR SP BIOT · 78464A870 · shares · PUT: $47,475,000
- ABIVAX SA · SPONSORED ADS · 00370M103 · shares · CALL: $45,454,986
- ABIVAX SA · SPONSORED ADS · 00370M103 · shares: $43,352,978
- KODIAK SCIENCES INC · COM · 50015M109 · shares: $41,287,080
- ABIVAX SA · SPONSORED ADS · 00370M103 · shares · PUT: $33,315,000
- IONIS PHARMACEUTICALS INC · COM · 462222100 · shares · CALL: $31,716,000
- MODERNA INC · COM · 60770K107 · shares · PUT: $28,012,000
- ALUMIS INC · COM · 022307102 · shares: $24,497,220
- PRAXIS PRECISION MEDICINES I · COM NEW · 74006W207 · shares: $24,386,773
- IONIS PHARMACEUTICALS INC · COM · 462222100 · shares · PUT: $23,787,000
Reported holdings
156 reported entries| Issuer | Class | CUSIP | Type | Shares / principal | Reported value (USD) |
|---|---|---|---|---|---|
| SPDR SERIES TRUST | ST STR SP BIOT | 78464A870 | PUT | 300,000 shares | $47,475,000 |
| ABIVAX SA | SPONSORED ADS | 00370M103 | CALL | 341,100 shares | $45,454,986 |
| ABIVAX SA | SPONSORED ADS | 00370M103 | — | 328,635 shares | $43,352,978 |
| KODIAK SCIENCES INC | COM | 50015M109 | — | 1,059,730 shares | $41,287,080 |
| ABIVAX SA | SPONSORED ADS | 00370M103 | PUT | 250,000 shares | $33,315,000 |
| IONIS PHARMACEUTICALS INC | COM | 462222100 | CALL | 400,000 shares | $31,716,000 |
| MODERNA INC | COM | 60770K107 | PUT | 400,000 shares | $28,012,000 |
| ALUMIS INC | COM | 022307102 | — | 870,548 shares | $24,497,220 |
| PRAXIS PRECISION MEDICINES I | COM NEW | 74006W207 | — | 72,842 shares | $24,386,773 |
| IONIS PHARMACEUTICALS INC | COM | 462222100 | PUT | 300,000 shares | $23,787,000 |
| VAXCYTE INC | COM | 92243G108 | — | 388,682 shares | $22,594,085 |
| ANI PHARMACEUTICALS INC | COM | 00182C103 | — | 272,085 shares | $22,523,196 |
| CELLDEX THERAPEUTICS INC NEW | COM NEW | 15117B202 | — | 478,500 shares | $17,804,985 |
| ARCUS BIOSCIENCES INC | COM | 03969F109 | — | 504,559 shares | $15,555,555 |
| RELMADA THERAPEUTICS INC | COM | 75955J402 | — | 2,148,359 shares | $14,866,644 |
| CAPRICOR THERAPEUTICS INC | COM NEW | 14070B309 | — | 604,215 shares | $14,549,497 |
| COGENT BIOSCIENCES INC | COM | 19240Q201 | — | 370,084 shares | $14,322,251 |
| NEWAMSTERDAM PHARMA COMPANY | PUT | N62509959 | PUT | 400,000 shares | $13,556,000 |
| VERA THERAPEUTICS INC | CL A | 92337R101 | — | 310,000 shares | $13,302,100 |
| CONTINEUM THERAPEUTICS INC | CL A | 21217B100 | — | 807,874 shares | $13,241,056 |
| TENAX THERAPEUTICS INC | COM NEW | 88032L605 | — | 787,600 shares | $11,459,580 |
| C4 THERAPEUTICS INC | COM STK | 12529R107 | — | 2,433,000 shares | $11,362,110 |
| MAZE THERAPEUTICS INC | COM | 578784100 | — | 378,999 shares | $11,309,331 |
| BIOHAVEN LTD | COM | G1110E107 | — | 748,181 shares | $11,132,933 |
| CONNECT BIOPHARMA HLDGS LTD | SHS | G23549101 | — | 4,538,534 shares | $10,801,710 |
| ALTO NEUROSCIENCE INC | COM SHS | 02157Q109 | — | 407,338 shares | $10,749,651 |
| PHARVARIS N V | COM | N69605108 | — | 308,856 shares | $10,680,241 |
| ALUMIS INC | COM | 022307102 | CALL | 356,300 shares | $10,026,282 |
| JADE BIOSCIENCES INC | COM NEW | 008064206 | — | 427,349 shares | $9,495,694 |
| DAMORA THERAPEUTICS INC | COM NEW | 36322Q206 | — | 335,710 shares | $8,731,816 |
| KODIAK SCIENCES INC | COM | 50015M109 | CALL | 217,700 shares | $8,481,592 |
| CAPRICOR THERAPEUTICS INC | COM NEW | 14070B309 | CALL | 350,000 shares | $8,428,000 |
| ARROWHEAD PHARMACEUTICALS IN | COM | 04280A100 | PUT | 100,000 shares | $8,151,000 |
| VIRIDIAN THERAPEUTICS INC | COM | 92790C104 | — | 425,000 shares | $7,807,251 |
| PELTHOS THERAPEUTICS INC | COM SHS | 171126204 | — | 256,598 shares | $7,251,459 |
| ZURA BIO LTD | CLASS A ORD SHS | G9TY5A101 | — | 1,218,492 shares | $7,189,102 |
| TECTONIC THERAPEUTIC INC | COM | 878972108 | — | 205,837 shares | $7,075,647 |
| PRAXIS PRECISION MEDICINES I | COM NEW | 74006W207 | CALL | 20,000 shares | $6,695,800 |
| SPRUCE BIOSCIENCES INC | COM NEW | 85209E208 | — | 121,356 shares | $6,553,224 |
| HIMS & HERS HEALTH INC | COM CL A | 433000106 | — | 188,381 shares | $6,531,170 |
| ENLIVEN THERAPEUTICS INC | COM | 29337E102 | — | 126,541 shares | $6,421,957 |
| PROQR THRAPEUTICS N V | SHS EURO | N71542109 | — | 3,425,930 shares | $6,372,230 |
| BRIGHT MINDS BIOSCIENCES INC | COM NEW | 10919W405 | — | 88,951 shares | $6,244,361 |
| OVID THERAPEUTICS INC | COM | 690469101 | — | 2,269,704 shares | $6,105,503 |
| OCUGEN INC | COM | 67577C105 | — | 3,962,972 shares | $6,063,348 |
| ALPHA COGNITION INC | COM NEW | 02074J501 | — | 836,259 shares | $6,037,790 |
| KYMERA THERAPEUTICS INC | COM | 501575104 | PUT | 50,400 shares | $5,779,368 |
| HARROW INC | COM | 415858109 | — | 135,775 shares | $5,766,364 |
| KAZIA THERAPEUTICS LTD | SPONSORED ADS | 48669G303 | — | 396,201 shares | $5,578,510 |
| ULTRAGENYX PHARMACEUTICAL IN | COM | 90400D108 | — | 165,617 shares | $5,529,952 |
| Q32 BIO INC | COM | 746964105 | — | 430,000 shares | $5,478,200 |
| TENAX THERAPEUTICS INC | COM NEW | 88032L605 | CALL | 373,100 shares | $5,428,605 |
| EUPRAXIA PHARMACEUTICALS INC | COM | 29842P105 | — | 809,741 shares | $5,352,388 |
| EYEPOINT INC | COM NEW | 30233G209 | CALL | 370,400 shares | $5,296,720 |
| EYEPOINT INC | COM NEW | 30233G209 | PUT | 370,400 shares | $5,296,720 |
| SELLAS LIFE SCIENCES GROUP I | COM NEW | 81642T209 | PUT | 354,700 shares | $5,235,372 |
| BIOAGE LABS INC | COM | 09077V100 | — | 200,000 shares | $4,901,999 |
| REZOLUTE INC | COM NEW | 76200L309 | — | 935,012 shares | $4,862,062 |
| OLEMA PHARMACEUTICALS INC | COM | 68062P106 | — | 383,281 shares | $4,794,845 |
| SIONNA THERAPEUTICS INC | COM | 829401108 | PUT | 107,500 shares | $4,728,925 |
| MONOPAR THERAPEUTICS INC | COM NEW | 61023L207 | — | 47,861 shares | $4,431,450 |
| BRIDGEBIO PHARMA INC | COM | 10806X102 | — | 57,417 shares | $4,276,418 |
| CELLDEX THERAPEUTICS INC NEW | COM NEW | 15117B202 | PUT | 114,000 shares | $4,241,940 |
| INVENTIVA SA | ADS | 46124U107 | — | 1,129,101 shares | $4,152,521 |
| ABSCI CORPORATION | COM | 00091E109 | — | 353,772 shares | $4,100,217 |
| ALECTOR INC | COM | 014442107 | — | 1,982,606 shares | $3,985,038 |
| CLIMB BIO INC | COM | 28658R106 | — | 300,000 shares | $3,912,000 |
| FULCRUM THERAPEUTICS INC | COM | 359616109 | — | 1,049,161 shares | $3,839,929 |
| CARDIOL THERAPEUTICS INC | COM CL A | 14161Y200 | — | 3,325,000 shares | $3,524,500 |
| CUE BIOPHARMA INC | COM | 22978P205 | — | 104,364 shares | $3,293,728 |
| CUMBERLAND PHARMACEUTICALS I | COM | 230770109 | — | 503,153 shares | $3,260,431 |
| ARROWHEAD PHARMACEUTICALS IN | COM | 04280A100 | — | 38,278 shares | $3,120,040 |
| VERA THERAPEUTICS INC | CL A | 92337R101 | CALL | 71,700 shares | $3,076,647 |
| REIN THERAPEUTICS INC | COM NEW | 00887A204 | — | 2,950,000 shares | $3,068,000 |
| ARVINAS INC | COM | 04335A105 | — | 358,257 shares | $2,977,115 |
| ACUMEN PHARMACEUTICALS INC | COM | 00509G209 | — | 1,053,797 shares | $2,813,638 |
| PROMIS NEUROSCIENCES INC | COM SHS | 74346M505 | — | 205,000 shares | $2,697,801 |
| Q32 BIO INC | COM | 746964105 | PUT | 200,000 shares | $2,548,000 |
| OLEMA PHARMACEUTICALS INC | COM | 68062P106 | CALL | 200,000 shares | $2,502,000 |
| ANNEXON INC | COM | 03589W102 | — | 430,244 shares | $2,456,693 |
| BRISTOL-MYERS SQUIBB CO | COM | 110122108 | PUT | 42,500 shares | $2,448,850 |
| LEXEO THERAPEUTICS INC | COM | 52886X107 | — | 513,011 shares | $2,388,066 |
| DELCATH SYS INC | COM NEW | 24661P807 | — | 185,667 shares | $2,337,548 |
| INVIVYD INC | COM | 00534A102 | — | 2,656,570 shares | $2,317,592 |
| UNIQURE NV | CALL | N90064901 | CALL | 49,800 shares | $2,293,788 |
| CABALETTA BIO INC | COM | 12674W109 | — | 700,000 shares | $2,177,000 |
| NEUMORA THERAPEUTICS INC. | COM | 640979100 | — | 1,278,408 shares | $2,173,294 |
| AMYLYX PHARMACEUTICALS INC | COM | 03237H101 | — | 117,500 shares | $2,110,301 |
| TARSUS PHARMACEUTICALS INC | COM | 87650L103 | — | 31,166 shares | $1,961,588 |
| SILENCE THERAPEUTICS PLC | ADS | 82686Q101 | — | 830,784 shares | $1,827,725 |
| JOURNEY MED CORP | COM | 48115J109 | — | 251,436 shares | $1,780,168 |
| DBV TECHNOLOGIES S A | SPONSORED ADS | 23306J309 | — | 525,000 shares | $1,690,953 |
| IBIO INC | COM NEW | 451033708 | — | 957,062 shares | $1,674,859 |
| AVALO THERAPEUTICS INC | COM NEW | 05338F306 | — | 90,183 shares | $1,666,581 |
| ANTERIS TECHNOLOGIES GLOBAL | COM | 03675P102 | — | 166,571 shares | $1,640,724 |
| PALISADE BIO INC | COM | 696389402 | — | 750,000 shares | $1,567,500 |
| AMANAT ACQUISITION CORP | CL A ORD | G0375M101 | — | 150,000 shares | $1,524,000 |
| KALARIS THERAPEUTICS INC | COM | 482929106 | — | 360,000 shares | $1,465,201 |
| QUINCE THERAPEUTICS INC | COM | 22053A305 | — | 72,251 shares | $1,314,245 |
| LIPOCINE INC NEW | COM NEW | 53630X203 | — | 508,556 shares | $1,301,902 |