MPM BioImpact LLC — 13F Holdings & Portfolio

CIK 1687078 · latest 13F-HR filed 2026-05-15

MPM BioImpact LLC manages $1.29B in 13F-reported U.S. long-equity assets across 41 reported positions as of its 2026-03-31 13F-HR filing. Its largest disclosed positions are DBVT (8.41%), CGEM (8.39%), AKTS (6.68%). Quarter over quarter (versus its 2025-12-31 filing) the fund opened 11 new positions, exited 8, added to 20, and trimmed 7.

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

$1.29B

Long-equity book

Holdings

41

Distinct positions

Period

2026-03-31

Filed 2026-05-15

Q/Q Activity

+11 / −8 / ↑20 / ↓7

vs 2025-12-31

Firm Profile & Key People
Name Title / Status Ownership Type

Top Adds (vs prior quarter)

  • DBV Technologies S A$89.8M +469.9%
  • Evommune Inc$31.5M +1629.8%
  • Cullinan Therapeutics, Inc.$29.5M +37.3%
  • Alumis Inc$29.1M +124.3%
  • Xenon Pharmaceuticals Inc$12.5M +57.3%
Show all 20

Top Trims

  • Uniqure NV-$10.7M -32.3%
  • Urogen Pharma Ltd-$5.1M -23.0%
  • enGene Holdings, Inc.-$4.1M -24.4%
  • Tarsus Pharmaceuticals Inc-$3.8M -14.1%
  • Natera Inc-$2.8M -13.1%
Show all 7

New Positions

  • Aktis Oncology, Inc.$86.5M
  • Corcept Therapeutics, Inc.$39.7M
  • Dianthus Therapeutics Inc$35.6M
  • MoonLake Immunotherapeutics$33.8M
  • Travere Therapeutics Inc$33.7M
Show all 11

Exited Positions

  • Madrigal Pharmaceuticals Inc$56.4M
  • PTC Therapeutics Inc$32.7M
  • Protagonist Therapeutics Inc$17.4M
  • Ventyx Biosciences Inc$14.8M
  • RAPT Therapeutics Inc$13.5M
Show all 8
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 DBV Technologies S A DBVT 23306J309 $108.9M 8.41% 5,213,361 SH
2 Cullinan Therapeutics, Inc. CGEM 230031106 $108.7M 8.39% 7,648,268 SH
3 Aktis Oncology, Inc. AKTS 01021M104 $86.5M 6.68% 4,835,872 SH
4 Liquidia Corporation LQDA 53635D202 $53.0M 4.10% 1,405,158 SH
5 Alumis Inc ALMS 022307102 $52.6M 4.06% 2,386,529 SH
6 Edgewise Therapeutics Inc EWTX 28036F105 $52.3M 4.04% 1,660,696 SH
7 Revolution Medicines, Inc. RVMD 76155X100 $49.3M 3.81% 506,776 SH
8 Agios Pharmaceuticals Inc AGIO 00847X104 $44.2M 3.41% 1,306,261 SH
9 Corcept Therapeutics, Inc. CORT 218352102 $39.7M 3.07% 985,700 SH
10 Trevi Therapeutics Inc TRVI 89532M101 $39.4M 3.04% 3,298,430 SH
11 Dianthus Therapeutics Inc DNTH 252828108 $35.6M 2.75% 423,982 SH
12 Xenon Pharmaceuticals Inc XENE 98420N105 $34.2M 2.64% 588,706 SH
13 MoonLake Immunotherapeutics MLTX 61559X104 $33.8M 2.61% 1,811,082 SH
14 Travere Therapeutics Inc TVTX 89422G107 $33.7M 2.60% 1,133,365 SH
15 Evommune Inc EVMN 30054Y107 $33.5M 2.58% 1,455,863 SH
16 Cytokinetics Inc CYTK 23282W605 $33.0M 2.54% 500,000 SH
17 Syndax Pharmaceuticals Inc SNDX 87164F105 $31.3M 2.42% 1,340,733 SH
18 Context Therapeutics Inc CNTX 21077P108 $28.0M 2.16% 10,679,391 SH
19 Forte Biosciences, Inc. FBRX 34962G208 $25.9M 2.00% 1,000,682 SH
20 Palvella Therapeutics Inc PVLA 697947109 $25.7M 1.99% 206,404 SH
21 Dyne Therapeutics, Inc. DYN 26818M108 $25.5M 1.97% 1,408,152 SH
22 Stoke Therapeutics Inc STOK 86150R107 $25.0M 1.93% 767,038 SH
23 Corvus Pharmaceuticals Inc CRVS 221015100 $24.5M 1.89% 1,674,875 SH
24 Relay Therapeutics Inc. RLAY 75943R102 $23.5M 1.81% 2,359,586 SH
25 Tarsus Pharmaceuticals Inc TARS 87650L103 $23.1M 1.79% 329,750 SH
26 Oric Pharmaceuticals Inc ORIC 68622P109 $22.9M 1.77% 1,803,945 SH
27 Uniqure NV QURE N90064101 $22.4M 1.73% 1,369,231 SH
28 Monte Rosa Therapeutics Inc GLUE 61225M102 $19.4M 1.50% 1,176,928 SH
29 Natera Inc NTRA 632307104 $18.6M 1.44% 93,074 SH
30 Climb Bio Inc CLYM 28658R106 $17.8M 1.37% 2,593,439 SH
31 Arcutis Biotherapeutics Inc ARQT 03969K108 $17.3M 1.34% 733,966 SH
32 Urogen Pharma Ltd URGN M96088105 $17.0M 1.31% 943,803 SH
33 Bright Minds Biosciences Inc DRUG 10919W405 $15.5M 1.20% 212,175 SH
34 Zymeworks, Inc. ZYME 98985Y108 $14.2M 1.09% 565,249 SH
35 Belite Bio Inc BLTE 07782B104 $14.0M 1.08% 88,045 SH
36 Viridian Therapeutics Inc VRDN 92790C104 $12.7M 0.98% 649,873 SH
37 enGene Holdings, Inc. ENGNW 29286M105 $12.6M 0.97% 1,845,373 SH
38 Abivax SA ABVX 00370M103 $11.9M 0.92% 107,268 SH
39 Allogene Therapeutics, Inc. ALLO 019770106 $5.5M 0.42% 2,242,933 SH
40 Aclaris Therapeutics Inc ACRS 00461U105 $1.5M 0.11% 391,918 SH
41 Werewolf Therapeutics, Inc. HOWL 95075A107 $1.0M 0.08% 1,208,810 SH
Filing History
Period Filed AUM Holdings Accession
2026-03-31 2026-05-15 $1.29B 41 0001193125-26-226995
2025-12-31 2026-02-17 $874.0M 38 0001193125-26-054813
2025-09-30 2025-11-14 $610.9M 40 0001193125-25-283112