Latest Fairmount Funds Management LLC Stock Portfolio
$946Million
Equity Portfolio Value
Last Reported on: 14 Feb, 2024
About Fairmount Funds Management LLC and it’s 13F Hedge Fund Stock Holdings
In it's latest 13F Holdings report, Fairmount Funds Management LLC reported an equity portfolio of $831.2 Millions as of 30 Sep, 2023.
The top stock holdings of Fairmount Funds Management LLC are AXSM, NUVL, IMGN. The fund has invested 19.7% of it's portfolio in AXSOME THERAPEUTICS INC and 13.6% of portfolio in NUVALENT INC.
The fund managers got completely rid off KODIAK SCIENCES INC (KOD), VERONA PHARMA PLC and AEGLEA BIOTHERAPEUTICS INC (AGLE) stocks. They significantly reduced their stock positions in NUVALENT INC (NUVL), DBV TECHNOLOGIES SA and TYRA BIOSCIENCES INC (TYRA). Fairmount Funds Management LLC opened new stock positions in APOGEE THERAPEUTICS INC, SOLENO THERAPEUTICS INC (SLNO) and IMMUNOVANT INC (IMVT). The fund showed a lot of confidence in some stocks as they added substantially to KINIKSA PHARMACEUTICALS LTD (KNSA), MERUS N V (MRUS) and ARGENX SE.
The top stock holdings of Fairmount Funds Management LLC are AXSM, NUVL, IMGN. The fund has invested 19.7% of it's portfolio in AXSOME THERAPEUTICS INC and 13.6% of portfolio in NUVALENT INC.
The fund managers got completely rid off KODIAK SCIENCES INC (KOD), VERONA PHARMA PLC and AEGLEA BIOTHERAPEUTICS INC (AGLE) stocks. They significantly reduced their stock positions in NUVALENT INC (NUVL), DBV TECHNOLOGIES SA and TYRA BIOSCIENCES INC (TYRA). Fairmount Funds Management LLC opened new stock positions in APOGEE THERAPEUTICS INC, SOLENO THERAPEUTICS INC (SLNO) and IMMUNOVANT INC (IMVT). The fund showed a lot of confidence in some stocks as they added substantially to KINIKSA PHARMACEUTICALS LTD (KNSA), MERUS N V (MRUS) and ARGENX SE.
New Buys
Additions
| Ticker | % Inc. |
|---|---|
| ASTRIA THERAPEUTICS INC | 86.92 |
| ARGENX SE | 34.81 |
| KINIKSA PHARMACEUTICALS LTD | 16.51 |
| RAYZEBIO INC | 1.97 |
| AXSOME THERAPEUTICS INC | 0.8 |
Additions to existing portfolio by Fairmount Funds Management LLC
Reductions
| Ticker | % Reduced |
|---|---|
| MERUS N V | -61.88 |
| NUVALENT INC | -21.5 |
Fairmount Funds Management LLC reduced stake in above stock
Sold off
| Ticker | $ Sold |
|---|---|
| DBV TECHNOLOGIES SA | -9,222,360 |
| TREVI THERAPEUTICS INC | -11,256,000 |
| SOLENO THERAPEUTICS INC | -33,714,400 |
| IMMUNOVANT INC | -28,792,500 |
Fairmount Funds Management LLC got rid off the above stocks
Current Stock Holdings of Fairmount Funds Management LLC
Last Reported on: 14 Feb, 2024| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options |
|---|---|---|---|---|---|---|---|
| AGLE | SPYRE THERAPEUTICS INC | 0.86 | 378,421 | 8,143,620 | UNCHANGED | 0.00 | |
| ARGX | ARGENX SE | 4.54 | 112,903 | 42,951,700 | ADDED | 34.81 | |
| ATXS | ASTRIA THERAPEUTICS INC | 2.88 | 3,554,130 | 27,295,700 | ADDED | 86.92 | |
| AXSM | AXSOME THERAPEUTICS INC | 19.85 | 2,360,080 | 187,839,000 | ADDED | 0.8 | |
| COGT | COGENT BIOSCIENCES INC | 2.21 | 3,558,980 | 20,926,800 | UNCHANGED | 0.00 | |
| DBVT | DBV TECHNOLOGIES SA | 0.00 | 0.00 | 0.00 | SOLD OFF | -100 | |
| IMGN | IMMUNOGEN INC | 18.58 | 5,929,590 | 175,812,000 | UNCHANGED | 0.00 | |
| IMVT | IMMUNOVANT INC | 0.00 | 0.00 | 0.00 | SOLD OFF | -100 | |
| KNSA | KINIKSA PHARMACEUTICALS LTD | 5.34 | 2,883,220 | 50,571,700 | ADDED | 16.51 | |
| MRUS | MERUS N V | 2.08 | 717,254 | 19,724,500 | REDUCED | -61.88 | |
| NUVL | NUVALENT INC | 14.96 | 1,924,630 | 141,633,000 | REDUCED | -21.5 | |
| SLNO | SOLENO THERAPEUTICS INC | 0.00 | 0.00 | 0.00 | SOLD OFF | -100 | |
| TERN | TERNS PHARMACEUTICALS INC | 1.40 | 2,040,000 | 13,239,600 | UNCHANGED | 0.00 | |
| TRVI | TREVI THERAPEUTICS INC | 0.00 | 0.00 | 0.00 | SOLD OFF | -100 | |
| TYRA | TYRA BIOSCIENCES INC | 2.04 | 1,393,330 | 19,297,600 | UNCHANGED | 0.00 | |
| VRDN | VIRIDIAN THERAPEUTICS INC | 3.15 | 1,369,620 | 29,830,400 | UNCHANGED | 0.00 | |
| APOGEE THERAPEUTICS INC | 8.68 | 2,941,180 | 82,176,500 | UNCHANGED | 0.00 | ||
| RAYZEBIO INC | 8.18 | 1,245,930 | 77,459,400 | ADDED | 1.97 | ||
| ENLIVEN THERAPEUTICS INC | 3.12 | 2,131,370 | 29,498,100 | UNCHANGED | 0.00 | ||
| DIANTHUS THERAPEUTICS INC | 2.12 | 1,928,500 | 20,056,400 | UNCHANGED | 0.00 |