Velan Capital Investment Management LP

CIK: 0001848809SEC EDGAR →

Portfolio Value

$172.4M

Holdings

46

As of

Q4 2025

New Positions

7

Closed Positions

11

Portfolio Value History

Top 10 Holdings

RankStockSharesValue% of Portfolio
1

PRAXIS PRECISION MEDICINES I

100,781$29.7M
17.23%
2

CIDARA THERAPEUTICS INC

108,404$23.9M
13.89%
3

PROTARA THERAPEUTICS INC

2,834,652$15.1M
8.76%
4

HERON THERAPEUTICS INC

8,753,290$11.4M
6.60%
5

MAPLIGHT THERAPEUTICS INC

522,305$9.2M
5.32%
6

ABIVAX SA

67,000$9.0M
5.24%
7

EVOMMUNE INC

506,754$8.7M
5.03%
8

MINERALYS THERAPEUTICS INC

151,000$5.5M
3.18%
9

LANTHEUS HLDGS INC

74,687$5.0M
2.88%
10

JASPER THERAPEUTICS INC

2,668,395$4.9M
2.83%

Quarterly Changes

Top Buys

TARA↑ Increased
$9.3B
ABVX↑ Increased
$5.5B
LNTH↑ Increased
$3.8B
TERN↑ Increased
$147.4M
MPLTNEW
$9.2M

Top Sells

PRAX↓ Decreased
$7.0B
MLYS↓ Decreased
$6.7B
ZOOZCLOSED
$4.3B
ALMSCLOSED
$3.8B
STROCLOSED
$2.7B

New Positions (9)

$9.2M · 522K shares
$8.7M · 507K shares
$4.5M · 1.2M shares
$3.9M · 472K shares
$3.6M · 312K shares
$2.2M · 286K shares
$2.1M · 300K shares
$482K · 39K shares
$108K · 170K shares

Closed Positions (12)

$4.3B · 2.0M shares
$3.8B · 947K shares
$2.7B · 3.1M shares
$1.9B · 32K shares
$1.1B · 747K shares
$898.7M · 347K shares
$277.4M · 6K shares
$162.8M · 55K shares
$141.7M · 65K shares
$109.8M · 15K shares
$109.6M · 80K shares
$62.1M · 33K shares

Sector Breakdown

Sector# HoldingsValue%
Healthcare44$2.9704151081137992e+144T0.0%
Unknown1$23.9M0.0%
Financial Services1$2.2M0.0%