Evid Invest
Holders — by stockHoldings — by fund

Ikarian Capital, LLC

Everything this manager disclosed owning in US-listed stocks — its complete Form 13F portfolio · as of 2026-06-30 · filed with the SEC up to 45 days after quarter end · CIK 0001778253

$928.2M

disclosed book value

137

positions

5.1%

largest position share

Positions, as of 2026-06-30

top 100 of 137 · 13F covers long US-listed positions only — cash, bonds, private and foreign stakes are not disclosed · PUT/CALL tags = options positions (share-equivalents), not shares held

#IssuerSharesValue% of book
1XBISPDR SERIES TRUSTPUT300,000$47.5M5.1%
2ABVXABIVAX SACALL341,100$45.5M4.9%
3ABVXABIVAX SA328,635$43.4M4.7%
4KODKODIAK SCIENCES INC1.1M$41.3M4.4%
5ABVXABIVAX SAPUT250,000$33.3M3.6%
6IONSIONIS PHARMACEUTICALS INCCALL400,000$31.7M3.4%
7MRNAMODERNA INCPUT400,000$28.0M3%
8ALMSALUMIS INC870,548$24.5M2.6%
9PRAXPRAXIS PRECISION MEDICINES I72,842$24.4M2.6%
10IONSIONIS PHARMACEUTICALS INCPUT300,000$23.8M2.6%
11PCVXVAXCYTE INC388,682$22.6M2.4%
12ANIPANI PHARMACEUTICALS INC272,085$22.5M2.4%
13CLDXCELLDEX THERAPEUTICS INC NEW478,500$17.8M1.9%
14RCUSARCUS BIOSCIENCES INC504,559$15.6M1.7%
15RLMDRELMADA THERAPEUTICS INC2.1M$14.9M1.6%
16CAPRCAPRICOR THERAPEUTICS INC604,215$14.5M1.6%
17COGTCOGENT BIOSCIENCES INC370,084$14.3M1.5%
18NEWAMSTERDAM PHARMA COMPANYPUT400,000$13.6M1.5%
19VERAVERA THERAPEUTICS INC310,000$13.3M1.4%
20CTNMCONTINEUM THERAPEUTICS INC807,874$13.2M1.4%
21TENXTENAX THERAPEUTICS INC787,600$11.5M1.2%
22CCCCC4 THERAPEUTICS INC2.4M$11.4M1.2%
23MAZEMAZE THERAPEUTICS INC378,999$11.3M1.2%
24BIOHAVEN LTD748,181$11.1M1.2%
25CONNECT BIOPHARMA HLDGS LTD4.5M$10.8M1.2%
26ANROALTO NEUROSCIENCE INC407,338$10.7M1.2%
27PHARVARIS N V308,856$10.7M1.2%
28ALMSALUMIS INCCALL356,300$10.0M1.1%
29JBIOJADE BIOSCIENCES INC427,349$9.5M1%
30DAMORA THERAPEUTICS INC335,710$8.7M0.9%
31KODKODIAK SCIENCES INCCALL217,700$8.5M0.9%
32CAPRCAPRICOR THERAPEUTICS INCCALL350,000$8.4M0.9%
33ARWRARROWHEAD PHARMACEUTICALS INPUT100,000$8.2M0.9%
34VRDNVIRIDIAN THERAPEUTICS INC425,000$7.8M0.8%
35PTHSPELTHOS THERAPEUTICS INC256,598$7.3M0.8%
36ZURA BIO LTD1.2M$7.2M0.8%
37TECXTECTONIC THERAPEUTIC INC205,837$7.1M0.8%
38PRAXPRAXIS PRECISION MEDICINES ICALL20,000$6.7M0.7%
39SPRBSPRUCE BIOSCIENCES INC121,356$6.6M0.7%
40HIMSHIMS & HERS HEALTH INC188,381$6.5M0.7%
41ELVNENLIVEN THERAPEUTICS INC126,541$6.4M0.7%
42PROQR THRAPEUTICS N V3.4M$6.4M0.7%
43DRUGBRIGHT MINDS BIOSCIENCES INC88,951$6.2M0.7%
44OVIDOVID THERAPEUTICS INC2.3M$6.1M0.7%
45OCGNOCUGEN INC4.0M$6.1M0.7%
46ACOGALPHA COGNITION INC836,259$6.0M0.7%
47KYMRKYMERA THERAPEUTICS INCPUT50,400$5.8M0.6%
48HROWHARROW INC135,775$5.8M0.6%
49KZIAKAZIA THERAPEUTICS LTD396,201$5.6M0.6%
50RAREULTRAGENYX PHARMACEUTICAL IN165,617$5.5M0.6%
51QTTBQ32 BIO INC430,000$5.5M0.6%
52TENXTENAX THERAPEUTICS INCCALL373,100$5.4M0.6%
53EPRXEUPRAXIA PHARMACEUTICALS INC809,741$5.4M0.6%
54EYPTEYEPOINT INCPUT370,400$5.3M0.6%
55EYPTEYEPOINT INCCALL370,400$5.3M0.6%
56SLSSELLAS LIFE SCIENCES GROUP IPUT354,700$5.2M0.6%
57BIOABIOAGE LABS INC200,000$4.9M0.5%
58RZLTREZOLUTE INC935,012$4.9M0.5%
59OLMAOLEMA PHARMACEUTICALS INC383,281$4.8M0.5%
60SIONSIONNA THERAPEUTICS INCPUT107,500$4.7M0.5%
61MNPRMONOPAR THERAPEUTICS INC47,861$4.4M0.5%
62BBIOBRIDGEBIO PHARMA INC57,417$4.3M0.5%
63CLDXCELLDEX THERAPEUTICS INC NEWPUT114,000$4.2M0.5%
64IVAINVENTIVA SA1.1M$4.2M0.4%
65ABSIABSCI CORPORATION353,772$4.1M0.4%
66ALECALECTOR INC2.0M$4.0M0.4%
67CLYMCLIMB BIO INC300,000$3.9M0.4%
68FULCFULCRUM THERAPEUTICS INC1.0M$3.8M0.4%
69CRDLCARDIOL THERAPEUTICS INC3.3M$3.5M0.4%
70CUECUE BIOPHARMA INC104,364$3.3M0.4%
71CPIXCUMBERLAND PHARMACEUTICALS I503,153$3.3M0.4%
72ARWRARROWHEAD PHARMACEUTICALS IN38,278$3.1M0.3%
73VERAVERA THERAPEUTICS INCCALL71,700$3.1M0.3%
74RNTXREIN THERAPEUTICS INC3.0M$3.1M0.3%
75ARVNARVINAS INC358,257$3.0M0.3%
76ABOSACUMEN PHARMACEUTICALS INC1.1M$2.8M0.3%
77PMNPROMIS NEUROSCIENCES INC205,000$2.7M0.3%
78QTTBQ32 BIO INCPUT200,000$2.5M0.3%
79OLMAOLEMA PHARMACEUTICALS INCCALL200,000$2.5M0.3%
80ANNXANNEXON INC430,244$2.5M0.3%
81BMYBRISTOL-MYERS SQUIBB COPUT42,500$2.4M0.3%
82LXEOLEXEO THERAPEUTICS INC513,011$2.4M0.3%
83DCTHDELCATH SYS INC185,667$2.3M0.3%
84IVVDINVIVYD INC2.7M$2.3M0.2%
85UNIQURE NVCALL49,800$2.3M0.2%
86CABACABALETTA BIO INC700,000$2.2M0.2%
87NMRANEUMORA THERAPEUTICS INC.1.3M$2.2M0.2%
88AMLXAMYLYX PHARMACEUTICALS INC117,500$2.1M0.2%
89TARSTARSUS PHARMACEUTICALS INC31,166$2.0M0.2%
90SLNSILENCE THERAPEUTICS PLC830,784$1.8M0.2%
91DERMJOURNEY MED CORP251,436$1.8M0.2%
92DBVTDBV TECHNOLOGIES S A525,000$1.7M0.2%
93IBIOIBIO INC957,062$1.7M0.2%
94AVTXAVALO THERAPEUTICS INC90,183$1.7M0.2%
95AVRANTERIS TECHNOLOGIES GLOBAL166,571$1.6M0.2%
96PALIPALISADE BIO INC750,000$1.6M0.2%
97AMANAT ACQUISITION CORP150,000$1.5M0.2%
98KLRSKALARIS THERAPEUTICS INC360,000$1.5M0.2%
99QNCXQUINCE THERAPEUTICS INC72,251$1.3M0.1%
100LPCNLIPOCINE INC NEW508,556$1.3M0.1%

Source: SEC Form 13F-HR, reporting period 2026-06-30. Values are the manager's filed June-30-style quarter-end marks, not live prices. Research, not investment advice.

EvidInvest is an independent research and information tool. Figures are calculated from public SEC filings and third-party market data and are provided for informational and educational purposes only. EvidInvest does not provide investment advice, brokerage, or financial services, and is not affiliated with any company it covers. Verify all figures against primary sources before making any decision.