Soleus Capital Management, L.P. — 13F Holdings & Portfolio

CIK 1802630 · latest 13F-HR filed 2026-05-14

Soleus Capital Management, L.P. manages $2.47B in 13F-reported U.S. long-equity assets across 93 reported positions as of its 2026-03-31 13F-HR filing. Its largest disclosed positions are KRYS (12.06%), CELC (5.94%), TGTX (5.42%). Quarter over quarter (versus its 2025-12-31 filing) the fund opened 25 new positions, exited 26, added to 25, and trimmed 37.

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

$2.47B

Long-equity book

Holdings

93

Distinct positions

Period

2026-03-31

Filed 2026-05-14

Q/Q Activity

+25 / −26 / ↑25 / ↓37

vs 2025-12-31

Firm Profile & Key People
Name Title / Status Ownership Type

Top Adds (vs prior quarter)

  • UNITED THERAPEUTICS CORP DEL$81.8M +279.7%
  • INSULET CORP$75.4M +176.8%
  • KRYSTAL BIOTECH INC$65.9M +28.4%
  • VERICEL CORP$54.5M +198.1%
  • TG THERAPEUTICS INC$40.3M +43.0%
Show all 25

Top Trims

  • DEXCOM INC-$77.3M -89.8%
  • BIOMARIN PHARMACEUTICAL INC-$41.7M -53.2%
  • CELCUITY INC-$33.8M -18.7%
  • BETA BIONICS INC-$33.6M -43.5%
  • ORGANOGENESIS HLDGS INC-$27.8M -53.8%
Show all 37

New Positions

  • INDIVIOR PHARMACEUTICALS INC$38.8M
  • PROGYNY INC$35.1M
  • MERCK & CO INC$24.4M
  • ICON PLC$21.2M
  • CONTEXT THERAPEUTICS INC$18.2M
Show all 25

Exited Positions

  • AMICUS THERAPEUTICS INC$74.2M
  • GSK PLC$31.3M
  • RAPT THERAPEUTICS INC$25.9M
  • NEUROCRINE BIOSCIENCES INC$25.0M
  • TELEFLEX INCORPORATED$23.2M
Show all 26
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 KRYSTAL BIOTECH INC KRYS 501147102 $297.9M 12.06% 1,153,087 SH
2 CELCUITY INC CELC 15102K100 $146.6M 5.94% 1,284,378 SH
3 TG THERAPEUTICS INC TGTX 88322Q108 $133.9M 5.42% 4,029,319 SH
4 INSULET CORP PODD 45784P101 $118.0M 4.78% 562,500 SH
5 NOVOCURE LTD NVCR G6674U108 $114.4M 4.63% 10,492,391 SH
6 UNITED THERAPEUTICS CORP DEL UTHR 91307C102 $111.0M 4.50% 187,187 SH
7 PRAXIS PRECISION MEDICINES I PRAX 74006W207 $106.5M 4.31% 330,517 SH
8 VERICEL CORP VCEL 92346J108 $82.0M 3.32% 2,549,079 SH
9 ALKERMES PLC ALKS G01767105 $69.7M 2.82% 1,970,864 SH
10 ANI PHARMACEUTICALS INC ANIP 00182C103 $63.1M 2.55% 820,243 SH
11 GLOBUS MED INC GMED 379577208 $62.9M 2.55% 729,467 SH
12 GERON CORP GERN 374163103 $61.8M 2.50% 41,508,659 SH
13 TWIST BIOSCIENCE CORP TWST 90184D100 $58.3M 2.36% 1,226,629 SH
14 EDGEWISE THERAPEUTICS INC EWTX 28036F105 $45.7M 1.85% 1,449,915 SH
15 BETA BIONICS INC BBNX 08659B102 $43.6M 1.77% 4,354,501 SH
16 ALNYLAM PHARMACEUTICALS INC ALNY 02043Q107 $43.6M 1.76% 131,650 SH
17 SYNDAX PHARMACEUTICALS INC SNDX 87164F105 $40.3M 1.63% 1,726,908 SH
18 INDIVIOR PHARMACEUTICALS INC INDV 45579U109 $38.8M 1.57% 1,274,000 SH
19 NEUROPACE INC NPCE 641288105 $38.6M 1.56% 2,932,207 SH
20 LIVANOVA PLC LIVN G5509L101 $37.0M 1.50% 582,500 SH
21 MIRUM PHARMACEUTICALS INC MIRM 604749101 $37.0M 1.50% 400,306 SH
22 BIOMARIN PHARMACEUTICAL INC BMRN 09061G101 $36.8M 1.49% 650,572 SH
23 PROGYNY INC PGNY 74340E103 $35.1M 1.42% 2,067,000 SH
24 INSPIRE MED SYS INC INSP 457730109 $29.7M 1.20% 576,299 SH
25 EDAP TMS S A EDAP 268311107 $27.2M 1.10% 7,309,254 SH
26 KINIKSA PHARMACEUTICALS INTL KNSA G52694109 $25.1M 1.02% 521,353 SH
27 MERCK & CO INC MRK 58933Y105 $24.4M 0.99% 203,000 SH
28 ORGANOGENESIS HLDGS INC ORGO 68621F102 $23.9M 0.97% 10,085,951 SH
29 NATERA INC NTRA 632307104 $23.8M 0.96% 119,000 SH
30 AXOGEN INC AXGN 05463X106 $22.5M 0.91% 679,170 SH
31 VAXCYTE INC PCVX 92243G108 $22.4M 0.91% 385,472 SH
32 ICON PLC ICLR G4705A100 $21.2M 0.86% 192,000 SH
33 PHARVARIS N V PHVS N69605108 $19.8M 0.80% 702,052 SH
34 CERUS CORP CERS 157085101 $19.6M 0.79% 10,753,700 SH
35 TREVI THERAPEUTICS INC TRVI 89532M101 $19.3M 0.78% 1,620,000 SH
36 INHIBIKASE THERAPEUTICS INC IKT 45719W205 $18.3M 0.74% 10,875,000 SH
37 CONTEXT THERAPEUTICS INC CNTX 21077P108 $18.2M 0.74% 6,963,141 SH
38 VIR BIOTECHNOLOGY INC VIR 92764N102 $17.9M 0.73% 2,002,000 SH
39 XENON PHARMACEUTICALS INC XENE 98420N105 $17.0M 0.69% 292,000 SH
40 TRAVERE THERAPEUTICS INC TVTX 89422G107 $16.2M 0.66% 546,000 SH
41 TANDEM DIABETES CARE INC TNDM 875372203 $15.0M 0.61% 783,000 SH
42 NURIX THERAPEUTICS INC NRIX 67080M103 $14.5M 0.59% 938,163 SH
43 UROGEN PHARMA LTD URGN M96088105 $13.1M 0.53% 727,000 SH
44 SIONNA THERAPEUTICS INC SION 829401108 $11.8M 0.48% 293,500 SH
45 CORCEPT THERAPEUTICS INC CORT 218352102 $11.5M 0.47% 285,531 SH
46 JADE BIOSCIENCES INC JBIO 008064206 $11.2M 0.45% 796,744 SH
47 VERACYTE INC VCYT 92337F107 $10.3M 0.42% 319,912 SH
48 INVIVYD INC IVVD 00534A102 $10.0M 0.41% 7,708,727 SH
49 C4 THERAPEUTICS INC CCCC 12529R107 $10.0M 0.41% 3,803,942 SH
50 ORTHOPEDIATRICS CORP KIDS 68752L100 $9.8M 0.40% 615,447 SH
Filing History
Period Filed AUM Holdings Accession
2026-03-31 2026-05-14 $2.47B 93 0001802630-26-000003
2025-12-31 2026-02-12 $2.71B 95 0001802630-26-000002
2025-09-30 2025-11-14 $1.99B 88 0001802630-25-000018