DAFNA Capital Management LLC — 13F Holdings & Portfolio

CIK 1389933 · latest 13F-HR filed 2026-08-14

DAFNA Capital Management LLC manages $524.4M in 13F-reported U.S. long-equity assets across 88 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are RVMD (20.09%), XBI (5.93%), CMPS (5.43%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 17 new positions, exited 12, added to 36, and trimmed 22.

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
10990 WILSHIRE BOULEVARD
SUITE 1400
LOS ANGELES, CA 90024
Phone
(310) 954-3200
Filing Manager
DAFNA Capital Management LLC
LOS ANGELES, CA
Signatory
Nathan Fischel
CEO
Loading holdings…
AUM

$524.4M

Long-equity book

Holdings

88

Distinct positions

Period

2026-06-30

Filed 2026-08-14

Q/Q Activity

+17 / −12 / ↑36 / ↓22

vs 2026-03-31

Firm Profile & Key People
Name Title / Status Ownership Type

Top Adds (vs prior quarter)

  • REVOLUTION MEDICINES INC$48.9M +86.6%
  • COMPASS PATHWAYS PLC$15.1M +112.8%
  • DENALI THERAPEUTICS INC$12.9M +210.8%
  • NEKTAR THERAPEUTICS$10.3M +87.0%
  • INSULET CORP$7.1M +313.0%
Show all 36

Top Trims

  • SPDR S&P BIOTECH ETF-$9.6M -23.6%
  • BIOHAVEN LTD-$5.1M -71.4%
  • MBX BIOSCIENCES INC-$4.6M -87.6%
  • LARIMAR THERAPEUTICS INC-$3.0M -32.9%
  • ISHARES NASDAQ BIOTECH INDX-$2.4M -22.7%
Show all 22

New Positions

  • ASCENDIS PHARMA A/S$12.9M
  • KYMERA THERAPEUTICS INC$3.1M
  • ADLAI NORTYE LTD$2.8M
  • NERVGEN PHARMA CORP$2.2M
  • ATRIUM THERAPEUTICS INC$1.7M
Show all 17

Exited Positions

  • DAY ONE BIOPHARMACEUTICALS I$21.0M
  • ASCENDIS PHARMA A/S$5.9M
  • KALVISTA PHARMACEUTICALS INC$5.4M
  • ASCENDIS PHARMA A/S$5.3M
  • FULCRUM THERAPEUTICS INC$1.6M
Show all 12
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 REVOLUTION MEDICINES INC RVMD 76155X100 $105.4M 20.09% 562,630 SH
2 SPDR S&P BIOTECH ETF XBI 78464A870 $31.1M 5.93% 196,505 SH
3 COMPASS PATHWAYS PLC CMPS 20451W101 $28.5M 5.43% 2,011,952 SH
4 STEREOTAXIS INC STXS 85916J409 $23.5M 4.49% 13,680,554 SH
5 NEKTAR THERAPEUTICS NKTR 640268306 $22.2M 4.24% 318,380 SH
6 DENALI THERAPEUTICS INC DNLI 24823R105 $19.0M 3.62% 739,014 SH
7 IDEAYA BIOSCIENCES INC IDYA 45166A102 $18.5M 3.53% 497,240 SH
8 ATRICURE INC ATRC 04963C209 $16.7M 3.19% 597,431 SH
9 XENON PHARMACEUTICALS INC XENE 98420N105 $15.1M 2.89% 250,772 SH
10 CYTOKINETICS INC CYTK 23282W605 $14.7M 2.79% 171,998 SH
11 ARCUS BIOSCIENCES INC RCUS 03969F109 $13.6M 2.60% 441,829 SH
12 ASCENDIS PHARMA A/S ASND K08588103 $12.9M 2.47% 48,469 SH
13 NEUROCRINE BIOSCIENCES INC NBIX 64125C109 $9.7M 1.86% 57,769 SH
14 AXOGEN INC AXGN 05463X106 $9.7M 1.84% 208,960 SH
15 INSULET CORP PODD 45784P101 $9.4M 1.80% 61,870 SH
16 EDGEWISE THERAPEUTICS INC EWTX 28036F105 $9.2M 1.76% 226,819 SH
17 BICARA THERAPEUTICS INC BCAX 055477103 $8.5M 1.61% 284,955 SH
18 ISHARES NASDAQ BIOTECH INDX IBB 464287556 $8.1M 1.54% 42,595 SH
19 SYNDAX PHARMACEUTICALS INC SNDX 87164F105 $7.3M 1.40% 335,255 SH
20 MAPLIGHT THERAPEUTICS INC MPLT 56565P103 $6.1M 1.17% 171,006 SH
21 LARIMAR THERAPEUTICS INC LRMR 517125100 $6.1M 1.17% 2,008,164 SH
22 CENTURY THERAPEUTICS INC IPSC 15673T100 $5.9M 1.12% 2,400,458 SH
23 DEXCOM INC DXCM 252131107 $5.8M 1.11% 86,279 SH
24 IMMUNOVANT INC IMVT 45258J102 $5.8M 1.10% 149,524 SH
25 INOGEN INC INGN 45780L104 $5.5M 1.04% 845,179 SH
26 TANDEM DIABETES CARE INC TNDM 875372203 $5.4M 1.02% 355,208 SH
27 ALKERMES PLC ALKS G01767105 $5.3M 1.01% 101,266 SH
28 STOKE THERAPEUTICS INC STOK 86150R107 $4.3M 0.82% 130,875 SH
29 ALLOGENE THERAPEUTICS INC ALLO 019770106 $4.2M 0.79% 2,000,000 SH
30 BIOCRYST PHARMACEUTICALS INC BCRX 09058V103 $4.0M 0.76% 400,248 SH
31 LAKEFRONT BIOTHERAPEUTICS NV LKFT 36315X101 $3.9M 0.74% 130,175 SH
32 ORTHOPEDIATRICS CORP KIDS 68752L100 $3.6M 0.69% 189,130 SH
33 CYBIN INC HELP 23256X407 $3.4M 0.65% 514,061 SH
34 RAPPORT THERAPEUTICS INC RAPP 75383L102 $3.1M 0.60% 75,000 SH
35 KYMERA THERAPEUTICS INC KYMR 501575104 $3.1M 0.59% 27,000 SH
36 PROQR THERAPEUTICS NV PRQR N71542109 $2.8M 0.54% 1,530,361 SH
37 NEUROGENE INC NGNE 64135M105 $2.8M 0.53% 89,032 SH
38 ADLAI NORTYE LTD ANL 00704R109 $2.8M 0.53% 239,553 SH
39 PROCEPT BIOROBOTICS CORP PRCT 74276L105 $2.7M 0.52% 120,000 SH
40 AQUESTIVE THERAPEUTICS INC AQST 03843E104 $2.7M 0.51% 645,915 SH
41 CELLDEX THERAPEUTICS INC CLDX 15117B202 $2.5M 0.49% 68,518 SH
42 STRUCTURE THERAPEUTICS INC GPCR 86366E106 $2.5M 0.48% 46,500 SH
43 ALIGN TECHNOLOGY INC ALGN 016255101 $2.4M 0.45% 14,000 SH
44 VIKING THERAPEUTICS INC VKTX 92686J106 $2.3M 0.44% 59,516 SH
45 NERVGEN PHARMA CORP NGEN 64082X203 $2.2M 0.41% 1,050,000 SH
46 BIOHAVEN LTD BHVN G1110E107 $2.0M 0.39% 137,593 SH
47 MAZE THERAPEUTICS INC MAZE 578784100 $1.9M 0.37% 65,000 SH
48 ALECTOR INC ALEC 014442107 $1.8M 0.35% 908,351 SH
49 LEXEO THERAPEUTICS INC LXEO 52886X107 $1.8M 0.33% 377,059 SH
50 PROFOUND MEDICAL CORP PROF 74319B502 $1.7M 0.33% 260,360 SH
Filing History
Period Filed AUM Holdings Accession
2026-06-30 2026-08-14 $524.4M 88 0001389933-26-000006
2026-03-31 2026-05-15 $439.6M 83 0001389933-26-000004
2025-12-31 2026-02-17 $430.5M 77 0001389933-26-000002
2025-09-30 2025-11-14 $404.8M 75 0001389933-25-000008