DAFNA Capital Management LLC

CIK: 0001389933Latest portfolio: $430.5M · Q4 2025

Holdings

77

Total Value

$430.5M

New Positions

12

Closed Positions

10

#StockSharesValue% PortfolioChangeType
1
RVMDREVOLUTION MEDICINES INC
604,514$48.1M11.18%-52,662
2
XBISPDR S&P BIOTECH ETF
336,505$41.0M9.53%-65,000
3
RJR1STEREOTAXIS INC
13,680,554$31.5M7.31%
4
ATRCATRICURE INC
597,431$23.6M5.49%+5K
5
CYTKCYTOKINETICS INC
370,997$23.6M5.48%-23,943
6
IDYAIDEAYA BIOSCIENCES INC
506,740$17.5M4.07%-33,183
7
AXGNAXOGEN INC
476,826$15.6M3.62%-265,456
8
XENEXENON PHARMACEUTICALS INC
287,939$12.9M3.00%
9
IBBISHARES NASDAQ BIOTECH INDX
68,095$11.5M2.67%-34,405
10
BHVNBIOHAVEN LTD
955,235$10.8M2.50%+720K
11
RCUSARCUS BIOSCIENCES INC
431,329$10.3M2.39%-196,297
12
NBIXNEUROCRINE BIOSCIENCES INC
70,615$10.0M2.33%
13
DAWNDAY ONE BIOPHARMACEUTICALS I
999,163$9.3M2.16%
14
TNDMTANDEM DIABETES CARE INC
355,208$7.8M1.81%
15
ASNDASCENDIS PHARMA A/S
28,177$6.0M1.40%-5,000
16
DC4DEXCOM INC
88,279$5.9M1.36%+23K
17
SNDXSYNDAX PHARMACEUTICALS INC
277,855$5.8M1.36%-222,847
18
KALVKALVISTA PHARMACEUTICALS INC
356,802$5.8M1.34%-65,929
19
CMPSCOMPASS PATHWAYS PLC
811,046$5.6M1.30%
20
INGNINOGEN INC
827,071$5.6M1.29%+221K
21
ASND 2.25 04/01/28ASCENDIS PHARMA A/S
4,000,000$5.5M1.27%
22
DNLIDENALI THERAPEUTICS INC
318,500$5.3M1.22%+150K
23
MBXMBX BIOSCIENCES INC
165,265$5.2M1.21%+80K
24
BCAXBICARA THERAPEUTICS INC
261,583$4.4M1.02%-55,418
25
GLPGGALAPAGOS NV
130,175$4.3M0.99%

Quarterly Changes

New Positions

Closed Positions

Increased Positions

NameSharesChange
IPSC2.8M+1.1M
BHVN955K+720K
INGN827K+221K
BCRX418K+200K
XEJ1.4M+173K
DNLI319K+150K
ALEC908K+110K
SPRY190K+50K
TCE269K+44K
ORIC141K+36K

Decreased Positions

NameSharesChange
AXGN477K-265456
OBIO127K-236795
KURA236K-227500
SNDX278K-222847
RCUS431K-196297
AQST376K-136674
ERAS254K-95564
KALV357K-65929
XBI337K-65000
STOK109K-60916

Sector Breakdown

Healthcare0.0% ($4.814923634235732e+250T)
Unknown0.0% ($31465585954603991040.0T)
Financial Services0.0% ($41030.1T)

Filing History

QuarterFiling DatePortfolio ValueHoldings
Q4 2025Feb 17, 2026$430.5M77
Q3 2025Nov 14, 2025$404.8B75
Q2 2025Aug 14, 2025$362.3B76
Q1 2025May 15, 2025$352.7B83
Q4 2024Feb 14, 2025$393.4B82

Fund Information

CIK0001389933
Most Recent FilingFeb 17, 2026
Number of Filings5

DAFNA Capital Management LLC is an institutional investment manager that files 13F reports with the SEC. As of the Q4 2025 filing, the fund reported a portfolio valued at $430.5M across 77 holdings. The largest position is REVOLUTION MEDICINES INC (RVMD), representing 11.2% of the portfolio. Compared to the previous quarter, the fund opened 12 new positions and closed 10 positions. 13F filings are required quarterly disclosures that provide transparency into the holdings of institutional investment managers with at least $100 million in qualifying assets.