Rock Springs Capital Management LP — 13F Holdings & Portfolio

CIK 1595725 · latest 13F-HR filed 2026-05-15

Rock Springs Capital Management LP manages $1.70B in 13F-reported U.S. long-equity assets across 100 reported positions as of its 2026-03-31 13F-HR filing. Its largest disclosed positions are RVMD (6.93%), LLY (5.35%), MDGL (5.28%). Quarter over quarter (versus its 2025-12-31 filing) the fund opened 11 new positions, exited 9, added to 35, and trimmed 39.

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.

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AUM

$1.70B

Long-equity book

Holdings

100

Distinct positions

Period

2026-03-31

Filed 2026-05-15

Q/Q Activity

+11 / −9 / ↑35 / ↓39

vs 2025-12-31

Firm Profile & Key People
Name Title / Status Ownership Type

Top Adds (vs prior quarter)

  • ENLIVEN THERAPEUTICS INC$20.1M +163.5%
  • MIRUM PHARMACEUTICALS INC$14.7M +24.5%
  • ERASCA INC$14.3M +404.3%
  • REVOLUTION MEDICINES INC$11.3M +10.6%
  • XENON PHARMACEUTICALS INC$9.1M +25.7%
Show all 35

Top Trims

  • TRAVERE THERAPEUTICS INC-$40.5M -48.0%
  • AMICUS THERAPEUTIC-$27.2M -98.9%
  • SPDR SERIES TRUST-$23.2M -85.8%
  • ELI LILLY & CO-$22.5M -19.9%
  • STRUCTURE THERAPEUTICS INC-$21.2M -40.7%
Show all 39

New Positions

  • MINIMED GROUP INC$15.7M
  • INDIVIOR PHARMACEUTICALS INC$6.1M
  • STRYKER CORPORATION$4.9M
  • NOVO-NORDISK A S$3.3M
  • VIKING THERAPEUTICS INC$3.1M
Show all 11

Exited Positions

  • EXACT SCIENCES CORP$61.1M
  • CIDARA THERAPEUTICS INC$45.3M
  • RAPT THERAPEUTICS INC$7.2M
  • GOSSAMER BIO INC$6.6M
  • AGILON HEALTH INC$4.5M
Show all 9
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 $117.6M 6.93% 1,209,465 SH
2 ELI LILLY & CO LLY 532457108 $90.8M 5.35% 98,700 SH
3 MADRIGAL PHARMACEUTICALS INC MDGL 558868105 $89.5M 5.28% 170,999 SH
4 MIRUM PHARMACEUTICALS INC MIRM 604749101 $74.9M 4.42% 811,294 SH
5 ARGENX SE ARGX 04016X101 $71.9M 4.24% 98,500 SH
6 RHYTHM PHARMACEUTICALS INC RYTM 76243J105 $60.0M 3.54% 689,748 SH
7 INSMED INC INSM 457669307 $51.4M 3.03% 314,300 SH
8 ASCENDIS PHARMA A/S ASND 04351P101 $44.4M 2.62% 194,000 SH
9 XENON PHARMACEUTICALS INC XENE 98420N105 $44.4M 2.62% 763,020 SH
10 TRAVERE THERAPEUTICS INC TVTX 89422G107 $43.9M 2.59% 1,477,954 SH
11 KYMERA THERAPEUTICS INC KYMR 501575104 $41.4M 2.44% 496,871 SH
12 PENUMBRA INC PEN 70975L107 $39.6M 2.33% 120,500 SH
13 INTUITIVE SURGICAL INC ISRG 46120E602 $37.8M 2.23% 82,000 SH
14 SCHOLAR ROCK HLDG CORP SRRK 80706P103 $36.4M 2.14% 739,816 SH
15 ENLIVEN THERAPEUTICS INC ELVN 29337E102 $32.4M 1.91% 826,500 SH
16 BOSTON SCIENTIFIC CORP BSX 101137107 $32.3M 1.91% 515,300 SH
17 IRHYTHM HOLDINGS INC IRTC 450056106 $30.9M 1.82% 261,750 SH
18 STRUCTURE THERAPEUTICS INC GPCR 86366E106 $30.9M 1.82% 640,217 SH
19 AGIOS PHARMACEUTICALS INC AGIO 00847X104 $27.0M 1.59% 799,163 SH
20 ULTRAGENYX PHARMACEUTICAL IN RARE 90400D108 $25.5M 1.50% 1,218,773 SH
21 ALNYLAM PHARMACEUTICALS INC ALNY 02043Q107 $24.5M 1.44% 74,000 SH
22 COGENT BIOSCIENCES INC COGT 19240Q201 $24.0M 1.42% 624,155 SH
23 TENET HEALTHCARE CORP THC 88033G407 $23.6M 1.39% 125,000 SH
24 DEXCOM INC DXCM 252131107 $22.3M 1.32% 355,600 SH
25 CELLDEX THERAPEUTICS INC NEW CLDX 15117B202 $20.6M 1.22% 650,270 SH
26 VERA THERAPEUTICS INC VERA 92337R101 $20.3M 1.19% 503,585 SH
27 NEUROCRINE BIOSCIENCES INC NBIX 64125C109 $19.8M 1.17% 150,450 SH
28 ARCELLX INC ACLX 03940C100 $19.5M 1.15% 169,859 SH
29 NEWAMSTERDAM PHARMA COMPANY NAMS N62509109 $18.8M 1.11% 588,794 SH
30 PHARVARIS N V PHVS N69605108 $18.2M 1.07% 645,533 SH
31 ERASCA INC ERAS 29479A108 $17.9M 1.05% 1,103,469 SH
32 DYNE THERAPEUTICS INC DYN 26818M108 $17.6M 1.04% 972,198 SH
33 COMPASS THERAPEUTICS INC CMPX 20454B104 $17.5M 1.03% 3,305,308 SH
34 ACLARIS THERAPEUTICS INC ACRS 00461U105 $16.8M 0.99% 4,472,650 SH
35 TARSUS PHARMACEUTICALS INC TARS 87650L103 $15.8M 0.93% 225,179 SH
36 MINIMED GROUP INC MMED 60365F109 $15.7M 0.93% 1,055,000 SH
37 ZAI LAB LTD ZLAB 98887Q104 $15.3M 0.90% 814,707 SH
38 UNITEDHEALTH GROUP INC UNH 91324P102 $14.3M 0.85% 53,000 SH
39 CENTESSA PHARMACEUTICALS PLC CNTA 152309100 $14.0M 0.82% 351,828 SH
40 HEARTFLOW INC HTFL 42238D107 $13.9M 0.82% 572,500 SH
41 ARDELYX INC ARDX 039697107 $13.8M 0.81% 2,299,473 SH
42 SUMMIT THERAPEUTICS INC SMMT 86627T108 $13.5M 0.79% 710,000 SH
43 AZENTA INC AZTA 114340102 $12.0M 0.71% 569,100 SH
44 MINERALYS THERAPEUTICS INC MLYS 603170101 $11.9M 0.70% 439,751 SH
45 DANAHER CORP DEL DHR 235851102 $11.7M 0.69% 61,500 SH
46 PTC THERAPEUTICS INC PTCT 69366J200 $11.0M 0.65% 161,798 SH
47 CARIS LIFE SCIENCES INC CAI 142152107 $10.1M 0.59% 563,000 SH
48 ZENAS BIOPHARMA INC ZBIO 98937L105 $9.8M 0.58% 502,077 SH
49 BICARA THERAPEUTICS INC BCAX 055477103 $9.7M 0.57% 489,095 SH
50 BRIDGEBIO PHARMA INC BBIO 10806X102 $9.5M 0.56% 128,250 SH
Filing History
Period Filed AUM Holdings Accession
2026-03-31 2026-05-15 $1.70B 100 0001172661-26-002225
2025-12-31 2026-02-17 $1.95B 99 0001172661-26-000917
2025-09-30 2025-11-14 $1.71B 93 0001172661-25-004882