Opaleye Management Inc. — 13F Holdings & Portfolio

CIK 1595855 · latest 13F-HR filed 2026-04-13

Opaleye Management Inc. manages $757.9M in 13F-reported U.S. long-equity assets across 54 reported positions as of its 2025-12-31 13F-HR filing. Its largest disclosed positions are HROW (25.25%), LQDA (11.21%), ETON (6.38%). Quarter over quarter (versus its 2025-12-31 filing) the fund opened 0 new positions, exited 0, added to 0, and trimmed 1.

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

$757.9M

Long-equity book

Holdings

54

Distinct positions

Period

2025-12-31

Filed 2026-04-13

Q/Q Activity

+0 / −0 / ↑0 / ↓1

vs 2025-12-31

Firm Profile & Key People
Name Title / Status Ownership Type

Top Adds (vs prior quarter)

  • No increased positions.
Show all 0

Top Trims

  • ADAGIO MED HLDGS INC-$95.8K -83.3%
Show all 1

New Positions

  • No new positions this quarter.
Show all 0

Exited Positions

  • No exits this quarter.
Show all 0
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 HARROW HEALTH INC HROW 415858109 $191.3M 25.25% 3,905,000 SH
2 LIQUIDIA CORPORATION LQDA 53635D202 $85.0M 11.21% 2,435,000 SH
3 ETON PHARMACEUTICALS INC ETON 29772L108 $48.4M 6.38% 2,860,000 SH
4 RHYTHM PHARMACEUTICALS INC RYTM 76243J105 $35.3M 4.66% 330,000 SH
5 APOGEE THERAPEUTICS INC APGE 03770N101 $29.3M 3.87% 388,257 SH
6 SANUWAVE HEALTH INC SNWV 80303D305 $29.3M 3.86% 981,267 SH
7 STOKE THERAPEUTICS INC STOK 86150R107 $22.1M 2.91% 695,000 SH
8 OCULAR THERAPEUTIX INC OCUL 67576A100 $19.4M 2.55% 1,595,000 SH
9 SOL GEL TECHNOLOGIES SLGL M8694L137 $19.1M 2.52% 453,739 SH
10 CG ONCOLOGY INC CGON 156944100 $17.0M 2.25% 410,000 SH
11 TG THERAPEUTICS INC TGTX 88322Q108 $15.9M 2.10% 535,000 SH
12 DISC MEDICINE INC IRON 254604101 $15.9M 2.10% 200,000 SH
13 REZOLUTE INC RZLT 76200L309 $14.8M 1.96% 6,287,156 SH
14 CRESCENT BIOPHARMA INC CBIO G2545C104 $14.0M 1.84% 1,178,300 SH
15 ALKERMES PLC ALKS G01767105 $13.7M 1.81% 490,000 SH
16 ALPHA COGNITION INC ACOG 02074J501 $13.5M 1.78% 2,070,784 SH
17 ANNEXON INC ANNX 03589W102 $13.1M 1.72% 2,600,000 SH
18 EDGEWISE THERAPEUTICS INC EWTX 28036F105 $12.4M 1.64% 500,000 SH
19 CODEXIS INC CDXS 192005106 $11.1M 1.46% 6,789,738 SH
20 PROTAGONIST THERAPEUTICS INC PTGX 74366E102 $9.2M 1.21% 105,000 SH
21 GOSSAMER BIO INC GOSS 38341P102 $8.4M 1.11% 2,720,000 SH
22 MBX BIOSCIENCES INC MBX 55287L101 $8.2M 1.08% 260,000 SH
23 REVOLUTION MEDICINES INC RVMD 76155X100 $8.0M 1.05% 100,000 SH
24 XOMA CORP DEL XOMA 98419J206 $7.8M 1.03% 292,590 SH
25 JOURNEY MEDICAL CORP DERM 48115J109 $7.5M 0.99% 975,000 SH
26 KARYOPHARM THERAPEUTICS INC KPTI 48576U205 $6.8M 0.90% 930,000 SH
27 JADE BIOSCIENCES INC JBIO 008064206 $6.6M 0.87% 427,608 SH
28 UROGEN PHARMA LTD URGN M96088105 $6.3M 0.83% 268,423 SH
29 ALUMIS INC ALMS 022307102 $5.2M 0.69% 535,000 SH
30 PERSPECTIVE THERAPEUTICS INC CATX 46489V302 $5.0M 0.66% 1,184,500 SH
31 VOYAGER THERAPEUTICS INC VYGR 92915B106 $4.7M 0.62% 1,196,904 SH
32 RELMADA THERAPEUTICS INC RLMD 75955J402 $4.5M 0.60% 935,000 SH
33 TECTONIC THERAPEUTICS INC TECX 878972108 $4.5M 0.59% 214,747 SH
34 PROTALIX BIOTHERAPEUTICS INC PLX 74365A309 $4.5M 0.59% 2,478,176 SH
35 TREVI THERAPEUTICS INC TRVI 89532M101 $4.3M 0.57% 345,100 SH
36 FORTRESS BIOTECH INC FBIO 34960Q307 $4.0M 0.53% 1,090,000 SH
37 ROCKET PHARMACEUTICALS INC RCKT 77313F106 $3.4M 0.44% 955,000 SH
38 MEIRAGTX HOLDINGS PLC MGTX G59665102 $3.1M 0.41% 390,844 SH
39 RIGEL PHARMACEUTICALS INC RIGL 766559702 $3.0M 0.40% 70,000 SH
40 ZYMEWORKS INC ZYME 98985Y108 $2.9M 0.38% 108,929 SH
41 ASSERTIO HOLDINGS INC ASRT 04546C205 $2.6M 0.34% 285,000 SH
42 VENTYX BIOSCIENCES INC VTYX 92332V107 $2.3M 0.30% 251,932 SH
43 OPUS GENETICS INC IRD 67577R102 $2.3M 0.30% 1,120,000 SH
44 SUTRO BIOPHARMA INC STRO 869367201 $2.2M 0.29% 190,671 SH
45 CABALETTA BIO INC CABA 12674W109 $2.0M 0.26% 900,000 SH
46 ZENTALIS PHARMACEUTICALS INC ZNTL 98943L107 $1.9M 0.25% 1,400,906 SH
47 GENERATION BIO CO GBIO 37148K209 $1.8M 0.23% 310,000 SH
48 BRIDGEBIO PHARMA INC BBIO 10806X102 $1.4M 0.18% 18,319 SH
49 ENANTA PHARMACEUTICALS INC ENTA 29251M106 $1.2M 0.16% 75,000 SH
50 Q32 BIO INC QTTB 746964105 $708.4K 0.09% 213,363 SH
Filing History
Period Filed AUM Holdings Accession
2025-12-31 2026-04-13 $757.9M 54 0001493152-26-016299
2025-12-31 2026-02-17 $758.0M 54 0001493152-26-007085