DEERFIELD MANAGEMENT COMPANY, L.P. — 13F Holdings & Portfolio

CIK 1009258 · latest 13F-HR filed 2026-08-14

DEERFIELD MANAGEMENT COMPANY, L.P. manages $9.59B in 13F-reported U.S. long-equity assets across 82 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are NUVL (22.22%), BROOKDALE SR LIVING INC (6.11%), RVMD (4.67%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 13 new positions, exited 13, added to 39, and trimmed 18.

AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.

Filer Information
Address
345 PARK AVENUE SOUTH, 12TH FLOOR
NEW YORK, NY 10010
Phone
(212) 551-1600
Filing Manager
DEERFIELD MANAGEMENT COMPANY, L.P.
New York, NY
Signatory
Deerfield UGP, LLC, its general partner
Chief Financial Officer
Loading holdings…
AUM

$9.59B

Long-equity book

Holdings

82

Distinct positions

Period

2026-06-30

Filed 2026-08-14

Q/Q Activity

+13 / −13 / ↑39 / ↓18

vs 2026-03-31

Firm Profile & Key People
Name Title / Status Ownership Type

Top Adds (vs prior quarter)

  • NUVALENT INC$363.1M +20.5%
  • REVOLUTION MEDICINES INC$224.6M +100.5%
  • GENMAB A/S$122.5M +185.5%
  • CENTENE CORP DEL$120.9M +62.4%
  • LEGEND BIOTECH CORP$95.9M +69.0%
Show all 39 →

Top Trims

  • COGENT BIOSCIENCES INC-$154.4M -44.3%
  • INSPIRE MED SYS INC-$81.6M -58.5%
  • NEOGENOMICS INC-$54.5M -81.7%
  • LARIMAR THERAPEUTICS INC-$51.6M -32.2%
  • CELCUITY INC-$43.8M -22.4%
Show all 18 →

New Positions

  • REVOLUTION MEDICINES INC$251.7M
  • CELCUITY INC$113.8M
  • MINERALYS THERAPEUTICS INC$106.8M
  • BOSTON SCIENTIFIC CORP$56.1M
  • PARABILIS MEDICINES INC$51.5M
Show all 13 →

Exited Positions

  • MIRUM PHARMACEUTICALS INC$209.4M
  • CATALYST PHARMACEUTICALS INC$97.6M
  • NEUROCRINE BIOSCIENCES INC$80.4M
  • DAY ONE BIOPHARMACEUTICALS I$79.8M
  • ENHABIT INC$66.9M
Show all 13 →
All Holdings

Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).

# Issuer Symbol CUSIP Value Weight Shares Type
1 NUVALENT INC NUVL 670703107 $2.13B 22.22% 17,248,450 SH
2 BROOKDALE SR LIVING INC — 112463AF1 $585.7M 6.11% 306,885,000 PRN
3 REVOLUTION MEDICINES INC RVMD 76155X100 $448.0M 4.67% 2,392,000 SH
4 PRAXIS PRECISION MEDICINES I PRAX 74006W207 $322.5M 3.36% 963,351 SH
5 VIATRIS INC VTRS 92556V106 $320.9M 3.35% 20,206,170 SH
6 CENTENE CORP DEL CNC 15135B101 $314.6M 3.28% 4,901,000 SH
7 REVOLUTION MEDICINES INC RVMDW 76155XAA8 $251.7M 2.63% 200,000,000 PRN
8 UNITED THERAPEUTICS CORP DEL UTHR 91307C102 $247.6M 2.58% 457,000 SH
9 ARROWHEAD PHARMACEUTICALS IN ARWR 04280AAC4 $240.5M 2.51% 200,000,000 PRN
10 LEGEND BIOTECH CORP LEGN 52490G102 $235.0M 2.45% 8,137,638 SH
11 COGENT BIOSCIENCES INC COGT 19240Q201 $193.7M 2.02% 5,006,104 SH
12 GENMAB A/S GMAB 372303206 $188.6M 1.97% 6,865,000 SH
13 BROOKDALE SR LIVING INC BKD 112463104 $187.2M 1.95% 11,637,032 SH
14 VERA THERAPEUTICS INC VERA 92337R101 $168.1M 1.75% 3,916,400 SH
15 IONIS PHARMACEUTICALS INC IONS 462222100 $157.0M 1.64% 1,979,669 SH
16 CELCUITY INC CELC 15102K100 $151.8M 1.58% 1,451,014 SH
17 BIOCRYST PHARMACEUTICALS INC BCRX 09058V103 $151.0M 1.57% 15,096,403 SH
18 NEWAMSTERDAM PHARMA COMPANY NAMS N62509109 $144.5M 1.51% 4,264,789 SH
19 ACADIA HEALTHCARE COMPANY IN ACHC 00404A109 $133.5M 1.39% 4,520,000 SH
20 TANGO THERAPEUTICS INC TNGX 87583X109 $131.0M 1.37% 4,190,611 SH
21 ADAPTHEALTH CORP AHCO 00653Q102 $119.6M 1.25% 11,477,730 SH
22 PHARVARIS N V PHVS N69605108 $116.7M 1.22% 3,376,042 SH
23 CELCUITY INC CELC 15102KAB6 $113.8M 1.19% 100,000,000 PRN
24 ARROWHEAD PHARMACEUTICALS IN ARWR 04280A100 $113.2M 1.18% 1,389,055 SH
25 DIANTHUS THERAPEUTICS INC DNTH 252828108 $109.7M 1.14% 1,125,313 SH
26 LARIMAR THERAPEUTICS INC LRMR 517125100 $108.6M 1.13% 35,606,974 SH
27 MINERALYS THERAPEUTICS INC MLYS 603170101 $106.8M 1.11% 3,958,000 SH
28 ALIGNMENT HEALTHCARE INC ALHC 01625VAB0 $103.8M 1.08% 61,000,000 PRN
29 IDEAYA BIOSCIENCES INC IDYA 45166A102 $101.2M 1.06% 2,714,503 SH
30 XENON PHARMACEUTICALS INC XENE 98420N105 $97.5M 1.02% 1,615,696 SH
31 IONIS PHARMACEUTICALS INC IONS 462222AF7 $93.1M 0.97% 60,000,000 PRN
32 SAVARA INC SVRA 805111101 $83.6M 0.87% 13,569,000 SH
33 LANTHEUS HLDGS INC LNTH 516544103 $83.5M 0.87% 752,999 SH
34 SYNDAX PHARMACEUTICALS INC SNDX 87164F105 $82.6M 0.86% 3,779,900 SH
35 ZENAS BIOPHARMA INC ZBIO 98937LAA3 $80.3M 0.84% 67,200,000 PRN
36 BIOMARIN PHARMACEUTICAL INC BMRN 09061G101 $76.3M 0.80% 1,332,836 SH
37 PFIZER INC PFE 717081103 $73.2M 0.76% 3,040,000 SH
38 INDIVIOR PHARMACEUTICALS INC INDV 45579U109 $67.7M 0.71% 1,648,895 SH
39 BIO RAD LABS INC BIO 090572207 $66.4M 0.69% 226,070 SH
40 ARS PHARMACEUTICALS INC SPRY 82835W108 $60.1M 0.63% 7,503,812 SH
41 STOKE THERAPEUTICS INC STOK 86150R107 $59.7M 0.62% 1,823,500 SH
42 STRUCTURE THERAPEUTICS INC GPCR 86366E106 $58.3M 0.61% 1,086,000 SH
43 ENVISTA HOLDINGS CORPORATION NVST 29415F104 $58.2M 0.61% 2,210,100 SH
44 INSPIRE MED SYS INC INSP 457730109 $57.9M 0.60% 1,296,862 SH
45 CAREDX INC CDNA 14167L103 $56.9M 0.59% 1,997,618 SH
46 BOSTON SCIENTIFIC CORP BSX 101137107 $56.1M 0.59% 1,315,000 SH
47 BELITE BIO INC BLTE 07782B104 $55.0M 0.57% 357,199 SH
48 PARABILIS MEDICINES INC PBLS 698955101 $51.5M 0.54% 1,880,704 SH
49 CERTARA INC CERT 15687V109 $49.2M 0.51% 7,512,928 SH
50 DISC MEDICINE INC IRON 254604101 $48.1M 0.50% 657,000 SH
Filing History
Period Filed AUM Holdings Accession
2026-06-30 2026-08-14 $9.59B 82 0001213900-26-089991
2026-03-31 2026-05-15 $8.48B 82 0001213900-26-057678
2025-12-31 2026-02-17 $7.83B 150 0001213900-26-017265
2025-09-30 2025-11-14 $6.55B 152 0001213900-25-110851