First Light Asset Management, LLC Q4 2025 Filing
Filed February 17, 2026
Portfolio Value
$1.3T
Holdings
33
Report Date
Q4 2025
Filing Type
13F-HR
All Holdings (33 positions)
| # | Stock | Shares | Value | % Portfolio | Type |
|---|---|---|---|---|---|
| 1 | AXGNAXOGEN INC | 5,233,326 | $171.3B | 13.10% | |
| 2 | NEONEOGENOMICS INC | 10,035,063 | $118.0B | 9.02% | |
| 3 | SIBNSI-BONE INC | 5,032,904 | $99.2B | 7.59% | |
| 4 | PVLAPALVELLA THERAPEUTICS INC | 709,141 | $74.2B | 5.67% | |
| 5 | CNTACENTESSA PHARMACEUTICALS LIMITED | 2,278,940 | $57.0B | 4.36% | |
| 6 | CRNXCRINETICS PHARMACEUTICALS INC | 1,194,263 | $55.6B | 4.25% | |
| 7 | ATRCATRICURE INC | 1,175,445 | $46.5B | 3.56% | |
| 8 | VERAVERA THERAPEUTICS INC | 869,676 | $44.0B | 3.37% | |
| 9 | IRONDISC MEDICINE INC | 523,167 | $41.5B | 3.18% | |
| 10 | AMLXAMYLYX PHARMACEUTICALS INC | 3,355,539 | $40.5B | 3.10% | |
| 11 | EWTXEDGEWISE THERAPEUTICS INC | 1,573,701 | $39.1B | 2.99% | |
| 12 | MDGLMADRIGAL PHARMACEUTICALS INC | 66,831 | $38.9B | 2.98% | |
| 13 | TWSTTWIST BIOSCIENCE CORPORATION | 1,140,771 | $36.2B | 2.77% | |
| 14 | SLPSIMULATIONS PLUS INC | 1,968,917 | $35.9B | 2.74% | |
| 15 | RYTMRHYTHM PHARMACEUTICALS INC | 295,844 | $31.7B | 2.42% | |
| 16 | WVEWAVE LIFE SCIENCES LTD | 1,853,851 | $31.5B | 2.41% | |
| 17 | ANABANAPTYS BIO INC | 646,238 | $31.3B | 2.40% | |
| 18 | HCATHEALTH CATALYST INC | 12,910,941 | $30.9B | 2.36% | |
| 19 | GHGUARDANT HEALTH | 294,751 | $30.1B | 2.30% | |
| 20 | IRTCIRHYTHM TECHNOLOGIES | 153,871 | $27.3B | 2.09% | |
| 21 | ESTAESTABLISHMENT LABS HOLDINGS | 373,082 | $27.2B | 2.08% | |
| 22 | MASS908 DEVICES INC | 4,836,186 | $25.4B | 1.94% | |
| 23 | KRMDKORU MEDICAL SYSTEMS INC | 4,210,512 | $24.5B | 1.87% | |
| 24 | TNDMTANDEM DIABETES CARE INC | 1,089,493 | $23.9B | 1.83% | |
| 25 | APGEAPOGEE THERAPEUTICS INC | 284,991 | $21.5B | 1.64% | |
| 26 | NPCENEUROPACE INC | 1,349,482 | $20.8B | 1.59% | |
| 27 | MDXGMIMEDX GROUP INC | 3,039,341 | $20.6B | 1.57% | |
| 28 | ORGOORGANOGENESIS HOLDINGS INC | 3,862,820 | $20.0B | 1.53% | |
| 29 | SEPNSEPTERNA INC | 620,811 | $17.3B | 1.32% | |
| 30 | ABVXABIVAX SA-ADR | 88,674 | $12.0B | 0.91% | |
| 31 | BFLYBUTTERFLY NETWORK INC | 2,812,131 | $10.7B | 0.82% | |
| 32 | DYNDYNE THERAPEUTICS INC | 155,231 | $3.0B | 0.23% | |
| 33 | IWOISHARES RUSSELL 2000 GROWTH ETF | 760 | $245.0M | 0.02% |