Decheng Capital LLC — 13F Holdings

2026 Q2  ·  15 Positions

2026 Q2 Portfolio Activity

In 2026 Q2, Decheng Capital LLC maintained a portfolio of 15 distinct positions. The most significant new addition was TANGO THERAPEUTICS INC, now representing 0.09% of the total fund value. The fund also reduced its exposure to NEWAMSTERDAM PHARMA CO NV by 45.6%.
Position History hover any row below to update
Loading…
Decheng Capital LLC Palo Alto, CA Hedge Fund / Healthcare-Focused Investment Firm AUM $732M
PCA Score Concentration Risk
Risk ENB
Total Positions
15
Quarter
2026 Q2
Top Holding
CGON (61.9%)
Top 10 Concentration
98.1%
Turnover Rate
23.4%
Sector HHI
0.18
Items per page:
Showing 1-15 of 15

Decheng Capital LLC Full Holdings List — 2026 Q2

Stock History Sector / Type Port % Prev % Rank / Prev Conviction
Freshness
Change % Change Influence Shares Mkt Value Avg Cost Price Held 1st Owned Source Source Date Date Reported
CGON
CG ONCOLOGY INC
Healthcare 61.87% 65.21% #1
Prev: #1
7.0
no change no change
P
S
6,371,669 $452,707,083 2024 Q1 13F Filing 2026-06-30 2026-08-14
NUVB
Nuvation Bio In...
Healthcare 20.15% 16.84% #2
Prev: #2
6.5
no change no change
P
S
25,954,439 $147,421,214 2024 Q2 13F Filing 2026-06-30 2026-08-14
AARD
AARDVARK THERAP...
Healthcare 3.08% 2.23% #3 2
Prev: #5
3.2
no change no change
P
S
3,917,299 $22,563,642 2025 Q1 13F Filing 2026-06-30 2026-08-14
ACRS
Aclaris Therape...
Healthcare 2.92% 2.29% #4
Prev: #4
2.7
no change no change
P
S
4,041,736 $21,380,783 2024 Q4 13F Filing 2026-06-30 2026-08-14
UPB
Upstream Bio In...
Healthcare 2.58% 3.71% #5 2
Prev: #3
2.5
no change no change
P
S
2,724,868 $18,856,087 2024 Q4 13F Filing 2026-06-30 2026-08-14
RCUS
Arcus Bioscienc...
Healthcare 1.96% 1.56% #6 2
Prev: #8
1.3
-13,040 -2.7%
P
S
464,779 $14,329,137 2023 Q4 13F Filing 2026-06-30 2026-08-14
EQ
Equillium Inc.
Healthcare 1.94% 1.34% #7 3
Prev: #10
1.8
no change no change
P
S
4,447,308 $14,231,386 2023 Q4 13F Filing 2026-06-30 2026-08-14
RVMD
REVOLUTION MEDI...
Healthcare 1.35% 1.37% #8 1
Prev: #9
0.5
-40,833 -43.7%
P
S
52,667 $9,863,476 2024 Q3 13F Filing 2026-06-30 2026-08-14
LYEL
Lyell Immunopha...
Healthcare 1.33% 2.10% #9 3
Prev: #6
1.5
no change no change
P
S
692,050 $9,723,303 2024 Q4 13F Filing 2026-06-30 2026-08-14
BYSI
BeyondSpring In...
Healthcare 0.91% 0.94% #10 1
Prev: #11
1.4
no change no change
P
S
3,800,702 $6,651,229 2023 Q4 13F Filing 2026-06-30 2026-08-14
ZNTL
Zentalis Pharma...
Healthcare 0.88% 0.47% #11 1
Prev: #12
1.4
no change no change
P
S
1,323,327 $6,418,136 2023 Q4 13F Filing 2026-06-30 2026-08-14
NAMS
NEWAMSTERDAM PH...
Healthcare 0.82% 1.57% #12 5
Prev: #7
0.3
-148,170 -45.6%
P
S
176,887 $5,994,700 2024 Q2 13F Filing 2026-06-30 2026-08-14
PYXS
Pyxis Oncology,...
Healthcare 0.13% 0.07% #13 1
Prev: #14
1.1
no change no change
P
S
326,810 $983,698 2023 Q4 13F Filing 2026-06-30 2026-08-14
TNGX
TANGO THERAPEUT...
Healthcare 0.09% #14
Prev: #—
3.5
20,000
NEW
20,000 $625,200 2026 Q2 13F Filing 2026-06-30 2026-08-14
KRYS
KRYSTAL BIOTECH...
Healthcare 0.00% 0.29%
Sold All 😨
(Was: #13)
0.0
-7,300 -100.0%
CLOSED
$— 2023 Q4 13F Filing 2026-06-30 2026-08-14
Showing 1-15 of 15 holdings

Unlock Full Decheng Capital LLC Analysis

PRO subscribers get access to all historical quarters, Excel/CSV exports, Portfolio Concentration Analytics (PCA), and Risk-Based ENB.

Full Historical Quarters
Excel & CSV Export
PCA & Risk-Based ENB
Auto Cost Basis
Position Change Alerts
Price-Held Analytics
Full history →