Krensavage Asset Management, LLC

All Holdings — 2025 Q4

AI Portfolio Summary
In 2025 Q4, Krensavage Asset Management, LLC maintained a portfolio of 18 distinct positions. The most significant new addition to the portfolio was ULTRAGENYX PHARMACEU, which now represents 1.22% of the total fund value. They heavily accumulated shares in ENANTA PHARMACEUTICA, increasing their position by 30.8%. The fund also reduced its exposure to GSK PLC-SPON ADR by 64.4%.
PCA Score Concentration Risk
Risk ENB
Total Positions
18
Quarter
2025 Q4
Top Holding
UTHR (15.7%)
Top 10 Concentration
87.1%
Turnover Rate
23.4%
Sector HHI
0.18
Items per page:
Showing 1-18 of 18
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
UTHR
UNITED THERAPEU...
Healthcare 15.71% 17.44% #1
Prev: #1
6.5 -6,364 -6.5%
P
S
91,282 $44,477,000 2014 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
ENTA
ENANTA PHARMACE...
Healthcare 15.41% 10.78% #2
Prev: #2
8.0 651,946 30.8%
P
S
2,766,390 $43,626,000 2015 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
BMRN
BIOMARIN PHARMA...
Healthcare 11.02% 9.36% #3 1
Prev: #4
7.5 119,336 29.4%
P
S
524,786 $31,188,000 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
JAZZ
JAZZ PHARMACEUT...
Healthcare 10.08% 9.42% #4 1
Prev: #3
5.5 no change no change
P
S
167,816 $28,529,000 2023 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
EXEL
EXELIXIS INC
Healthcare 7.64% 9.12% #5
Prev: #5
4.1 -25,000 -4.8%
P
S
493,526 $21,631,000 2021 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
AVDL
AVADEL PHARMACE...
Healthcare 6.51% 6.22% #6 2
Prev: #8
3.1 -100,000 -10.5%
P
S
855,860 $18,444,000 2025 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
SNY
SANOFI-ADR
Healthcare 5.54% 6.51% #7
Prev: #7
3.2 no change no change
P
S
323,946 $15,698,000 2023 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
SUPN
SUPERNUS PHARMA...
Healthcare 5.50% 7.40% #8 2
Prev: #6
2.7 -49,980 -13.8%
P
S
313,499 $15,581,000 2025 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
CAH
CARDINAL HEALTH...
Healthcare 5.35% 4.93% #9 1
Prev: #10
3.1 no change no change
P
S
73,745 $15,155,000 2022 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
INDV
INDIVIOR PLC
Healthcare 4.30% 3.49% #10 1
Prev: #11
2.7 no change no change
P
S
339,532 $12,182,000 2024 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
VNDA
VANDA PHARMACEU...
Healthcare 3.68% 2.51% #11 3
Prev: #14
2.5 no change no change
P
S
1,180,388 $10,411,000 2022 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
BNTX
BIONTECH SE-ADR
Healthcare 3.35% 3.33% #12
Prev: #12
3.8 20,157 25.4%
P
S
99,523 $9,475,000 2024 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
GSK
GSK PLC-SPON AD...
Healthcare 1.68% 5.00% #13 4
Prev: #9
0.7 -175,000 -64.4%
P
S
96,729 $4,744,000 2025 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
RARE
ULTRAGENYX PHAR...
Healthcare 1.22% #14
Prev: #—
4.0 149,634 no change
NEW
149,634 $3,442,000 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
REGN
REGENERON PHARM...
Healthcare 1.09% 0.96% #15
Prev: #15
1.4 no change no change
P
S
4,000 $3,087,000 2019 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
ALKS
ALKERMES PLC
Healthcare 1.07% 2.66% #16 3
Prev: #13
0.4 -100,000 -48.1%
P
S
107,822 $3,017,000 2019 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
BIIB
BIOGEN INC
Healthcare 0.62% 0.60% #17 1
Prev: #16
1.2 no change no change
P
S
10,000 $1,760,000 2019 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
EOLS
EVOLUS INC
Healthcare 0.23% 0.26% #18 1
Prev: #17
1.1 no change no change
P
S
100,000 $665,000 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
Showing 1-18 of 18 holdings

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