Deep Track Capital, LP

All Holdings — 2025 Q4

Portfolio Concentration Analytics: 7.6
Risk-based ENB:
Total Positions
73
Quarter
2025 Q4
Top Holding
XBI (21.7%)
Top 10 Concentration
60.1%
Turnover Rate
23.4%
Sector HHI
0.18
Items per page:
1-25 of 73
Stock History Sector / Type Port % Prev % Rank / Prev Conviction Change % Change Influence Shares Mkt Value Avg Cost Price Held 1st Owned Source Source Date Date Reported
XBI
SPDR SERIES TRU...
PUT
PUT Option 21.74% #1
Prev: #—
10.0 10,000,000 no change
NEW
10,000,000 $1,219,300,000 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
IMVT
IMMUNOVANT INC
Healthcare 5.22% 4.38% #2 5
Prev: #7
4.1 1,798,126 18.5%
P
S
11,526,971 $293,015,603 2021 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
GH
GUARDANT HEALTH...
Healthcare 5.10% 7.24% #3 2
Prev: #1
2.1 -1,354,086 -32.6%
P
S
2,800,000 $285,992,000 2023 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
GPCR
STRUCTURE THERA...
Healthcare 5.10% 3.29% #4 7
Prev: #11
2.0 -104,029 -2.5%
P
S
4,111,782 $285,974,438 2023 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
TARS
TARSUS PHARMACE...
Healthcare 4.39% 4.98% #5 1
Prev: #6
3.8 4,034 0.1%
P
S
3,004,034 $245,970,304 2025 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
DVAX
DYNAVAX TECHNOL...
Healthcare 4.31% 4.36% #6 2
Prev: #8
1.7 no change no change
P
S
15,726,349 $241,871,248 2022 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
CYTK
CYTOKINETICS IN...
Healthcare 3.78% 6.60% #7 4
Prev: #3
1.6 -963,002 -22.4%
P
S
3,336,998 $212,032,853 2023 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
AXSM
AXSOME THERAPEU...
Healthcare 3.74% 3.05% #8 6
Prev: #14
3.6 250,000 27.8%
P
S
1,150,000 $210,036,000 2023 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
APLS
APELLIS PHARMAC...
Healthcare 3.47% 5.05% #9 4
Prev: #5
1.4 -250,382 -3.1%
P
S
7,750,000 $194,680,000 2024 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
PCVX
VAXCYTE INC
Healthcare 3.29% 3.02% #10 5
Prev: #15
3.4 1,000,000 33.3%
P
S
4,000,000 $184,560,000 2025 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
MAZE
MAZE THERAPEUTI...
Healthcare 3.14% 2.86% #11 5
Prev: #16
3.3 297,530 7.5%
P
S
4,246,440 $175,930,009 2025 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
VERA
VERA THERAPEUTI...
Healthcare 2.55% #12
Prev: #—
3.0 2,821,135 no change
NEW
2,821,135 $142,862,276 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
BMRN
BIOMARIN PHARMA...
Healthcare 2.44% 0.04% #13 41
Prev: #54
3.3 2,275,144 9153.3%
P
S
2,300,000 $136,689,000 2022 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
IONS
IONIS PHARMACEU...
Healthcare 2.40% 6.95% #14 12
Prev: #2
1.1 -2,108,144 -55.4%
P
S
1,700,000 $134,487,000 2022 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
NRIX
NURIX THERAPEUT...
Healthcare 2.38% 1.56% #15 6
Prev: #21
3.0 979,431 16.2%
P
S
7,036,455 $133,481,551 2022 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
MBX
MBX BIOSCIENCES...
Healthcare 1.83% 1.54% #16 6
Prev: #22
2.7 99,790 3.2%
P
S
3,249,790 $102,498,377 2024 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
OCUL
OCULAR THERAPEU...
Healthcare 1.75% 3.89% #17 8
Prev: #9
0.8 -3,861,723 -32.4%
P
S
8,070,414 $97,974,826 2023 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
GRAL
GRAIL INC
Healthcare 1.56% #18
Prev: #—
2.6 1,022,797 no change
NEW
1,022,797 $87,541,195 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
VRDN
VIRIDIAN THERAP...
Healthcare 1.40% 3.24% #19 7
Prev: #12
0.7 -2,855,616 -53.1%
P
S
2,524,833 $78,572,803 2021 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
LBRX
LB PHARMACEUTIC...
Healthcare 1.33% 1.48% #20 4
Prev: #24
0.5 no change no change
P
S
3,352,804 $74,633,417 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
IMCR
IMMUNOCORE HLDG...
Healthcare 1.24% 1.82% #21 4
Prev: #17
2.5 203,978 11.3%
P
S
2,003,978 $69,558,076 2024 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
ORKA
ORUKA THERAPEUT...
Healthcare 1.17% 1.42% #22 4
Prev: #26
0.5 -493,271 -18.6%
P
S
2,161,510 $65,515,368 2024 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
BBIO
BRIDGEBIO PHARM...
Healthcare 1.10% 1.74% #23 5
Prev: #18
0.5 -389,858 -32.5%
P
S
810,142 $61,967,762 2021 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
CRMD
CORMEDIX INC
Healthcare 1.09% 0.16% #24 22
Prev: #46
2.7 4,774,076 954.8%
P
S
5,274,076 $61,337,504 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
MLTX
MOONLAKE IMMUNO...
Healthcare 1.08% #25
Prev: #—
2.4 4,610,071 no change
NEW
4,610,071 $60,760,736 2023 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
AKRO
AKERO THERAPEUT...
Healthcare 0.00% 5.30%
Sold All 😨
(Was: #4)
0.3 -4,000,978 -100.0%
CLOSED
$— 2022 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
ETNB
89BIO INC
Unknown 0.00% 3.84%
Sold All 😨
(Was: #10)
0.3 -9,356,171 -100.0%
CLOSED
$— 2022 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
PTGX
PROTAGONIST THE...
Healthcare 0.00% 3.18%
Sold All 😨
(Was: #13)
0.3 -1,715,691 -100.0%
CLOSED
$— 2021 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
EXAS
EXACT SCIENCES ...
Healthcare 0.00% 1.53%
Sold All 😨
(Was: #23)
0.3 -1,000,000 -100.0%
CLOSED
$— 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
OLMA
OLEMA PHARMACEU...
Healthcare 0.00% 0.95%
Sold All 😨
(Was: #31)
0.3 -3,470,172 -100.0%
CLOSED
$— 2023 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
CDTX
CIDARA THERAPEU...
Healthcare 0.00% 0.80%
Sold All 😨
(Was: #32)
0.3 -300,000 -100.0%
CLOSED
$— 2025 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
QURE
UNIQURE NV
Healthcare 0.00% 0.79%
Sold All 😨
(Was: #33)
0.3 -483,092 -100.0%
CLOSED
$— 2023 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
JBIO
JADE BIOSCIENCE...
Healthcare 0.00% 0.55%
Sold All 😨
(Was: #35)
0.3 -2,279,892 -100.0%
CLOSED
$— 2025 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
GHRS
GH RESEARCH PLC
Healthcare 0.00% 0.50%
Sold All 😨
(Was: #37)
0.3 -1,250,000 -100.0%
CLOSED
$— 2021 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
GMAB
GENMAB A/S
Healthcare 0.00% 0.41%
Sold All 😨
(Was: #40)
0.3 -481,267 -100.0%
CLOSED
$— 2024 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
IMA
IMAGENEBIO INC
Healthcare 0.00% 0.20%
Sold All 😨
(Was: #43)
0.3 -878,516 -100.0%
CLOSED
$— 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
XNCR
XENCOR INC
Healthcare 0.00% 0.18%
Sold All 😨
(Was: #44)
0.3 -549,439 -100.0%
CLOSED
$— 2024 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
PEPG
PEPGEN INC
Healthcare 0.00% 0.15%
Sold All 😨
(Was: #47)
0.3 -1,200,000 -100.0%
CLOSED
$— 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
AUTL
AUTOLUS THERAPE...
Healthcare 0.00% 0.12%
Sold All 😨
(Was: #50)
0.3 -2,568,613 -100.0%
CLOSED
$— 2022 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
ACAD
ACADIA PHARMACE...
Healthcare 0.00% 0.06%
Sold All 😨
(Was: #52)
0.3 -105,085 -100.0%
CLOSED
$— 2021 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
AVTX
AVALO THERAPEUT...
Healthcare 0.00% 0.05%
Sold All 😨
(Was: #53)
0.3 -144,600 -100.0%
CLOSED
$— 2024 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
ZURA
ZURA BIO LTD
Healthcare 0.00% 0.03%
Sold All 😨
(Was: #55)
0.3 -259,014 -100.0%
CLOSED
$— 2023 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
CLYM
CLIMB BIO INC
Healthcare 0.00% 0.03%
Sold All 😨
(Was: #56)
0.3 -509,789 -100.0%
CLOSED
$— 2024 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
Showing 1-25 of 73 holdings

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