Darwin Global Management, Ltd. — 13F Holdings & Portfolio

CIK 1839209 · latest 13F-HR filed 2026-05-15

Darwin Global Management, Ltd. manages $3.77B in 13F-reported U.S. long-equity assets across 6 reported positions as of its 2026-03-31 13F-HR filing. Its largest disclosed positions are INSM (68.33%), BLTE (12.10%), ABVX (9.34%). Quarter over quarter (versus its 2025-12-31 filing) the fund opened 3 new positions, exited 3, added to 0, and trimmed 3.

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

$3.77B

Long-equity book

Holdings

6

Distinct positions

Period

2026-03-31

Filed 2026-05-15

Q/Q Activity

+3 / −3 / ↑0 / ↓3

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

  • INSMED INC-$1.07B -29.3%
  • ABIVAX SA-$87.6M -19.9%
  • BELITE BIO INC-$30.8M -6.3%
Show all 3

New Positions

  • REVOLUTION MEDICINES INC$205.0M
  • ROIVANT SCIENCES LTD$179.5M
  • DIANTHUS THERAPEUTICS INC$1.5M
Show all 3

Exited Positions

  • CIDARA THERAPEUTICS INC$220.2M
  • WAVE LIFE SCIENCES LTD$125.2M
  • CAPRICOR THERAPEUTICS INC$23.2M
Show all 3
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 INSMED INC INSM 457669307 $2.58B 68.33% 16,805,184 SH
2 BELITE BIO INC BLTE 07782B104 $456.1M 12.10% 3,057,412 SH
3 ABIVAX SA ABVX 00370M103 $352.1M 9.34% 3,468,657 SH
4 REVOLUTION MEDICINES INC RVMD 76155X100 $205.0M 5.44% 2,211,018 SH
5 ROIVANT SCIENCES LTD ROIV G76279101 $179.5M 4.76% 6,797,300 SH
6 DIANTHUS THERAPEUTICS INC DNTH 252828108 $1.5M 0.04% 17,357 SH
Filing History
Period Filed AUM Holdings Accession
2026-03-31 2026-05-15 $3.77B 6 0001892688-26-000087
2025-12-31 2026-02-17 $4.94B 6 0001892688-26-000041
2025-09-30 2025-11-14 $3.60B 5 0001892688-25-000196