Palo Alto Investors LP

Holdings as of 2026-06-30, filed 2026-08-19

This is history, not a current position. These holdings describe 2026-06-30, and the report became public 50 days later. The portfolio has changed since.

Aggregates

computed from the positions below
Positions reported
52
Value reported by manager
$723.7M
Sum of our stored positions
$723.7M
should match the line above
Disclosure lag
50 d
quarter end to filing
Top 5 concentration
37.7%
of the positions shown
New positions
0
vs previous quarter
Exited
0
vs previous quarter
Option positions
0
puts and calls

Positions

52 largest shown
IssuerClassValueSharesTypeCUSIP
PTC THERAPEUTICS INCCOM$75M918,84669366J200
ACADIA PHARMACEUTICALS INCCOM$72.5M2,864,096004225108
INSMED INCCOM PAR $.01$44.1M413,980457669307
MIRUM PHARMACEUTICALS INCCOM$40.8M348,808604749101
ANAPTYSBIO INCCOM$40.7M603,489032724106
BIOMARIN PHARMACEUTICAL INCCOM$39.1M682,77709061G101
DYNE THERAPEUTICS INCCOM$36.6M1,647,52126818M108
UNITED THERAPEUTICS CORPCOM$33.9M62,58791307C102
DISC MEDICINE INCCOM$30.5M416,646254604101
BIOGEN INCCOM$30.3M140,27909062X103
IOVANCE BIOTHERAPEUTICS INCCOM$22M5,296,209462260100
ULTRAGENYX PHARMACEUTICAL INCOM$19.9M596,49590400D108
NOVOCURE LTDORD SHS$19.4M1,280,439G6674U108
SYNDAX PHARMACEUTICALS INCCOM$18.9M864,98687164F105
ANNEXON INCCOM$16.8M2,948,09003589W102
BICARA THERAPEUTICS INCCOM$16.3M550,408055477103
CAREDX INCCOM$15.2M531,87014167L103
CELLDEX THERAPEUTICS INCCOM NEW$14.9M399,85615117B202
COMPASS THERAPEUTICS INCCOM$12.8M5,831,81320454B104
ALKERMES PLCSHS$12.7M242,560G01767105
FIRST TRACKS BIOTHERAPEUTICSORD SHS$12.1M603,489337185102
PROTHENA CORP PLCSHS$11.2M1,143,155G72800108
TRAVERE THERAPEUTICS INCCOM$9.5M167,52589422G107
TAYSHA GENE THERAPIES INCCOM SHS$9.5M1,391,382877619106
ACLARIS THERAPEUTICS INCCOM$8.5M1,613,43000461U105
AGIOS PHARMACEUTICALS INCCOM$7.9M213,60100847X104
CAPRICOR THERAPEUTICS INCCOM NEW$5.5M229,76314070B309
ALIGN TECHNOLOGY INCCOM$5.3M31,389016255101
ORUKA THERAPEUTICS INC - RestrictedCOM$3.2M33,546687604108
XENON PHARMACEUTICALS INCCOM$3.1M51,34598420N105
NEUROCRINE BIOSCIENCES INCCOM$3.1M18,11764125C109
EDWARDS LIFESCIENCES CORPCOM$3M33,64028176E108
STOKE THERAPEUTICS INCCOM$2.8M84,63186150R107
CYTOKINETICS INCCOM NEW$2.7M32,19523282W605
PYXIS ONCOLOGY INCCOMMON STOCK$2.6M864,277747324101
EHEALTH INCCOM$2.2M1,482,79728238P109
CRISPR THERAPEUTICS AGNAMEN AKT$2.2M39,605H17182108
SAGIMET BIOSCIENCES INC-ACOM SER A$1.9M250,000786700104
NUVATION BIO INCCOM CL A$1.9M326,60967080N101
BIONTECH SE-ADRSPONSORED ADS$1.8M19,61409075V102
COMPASS PATHWAYS PLC ADRSPONSORED ADS$1.6M115,61620451W101
HUMANA INCCOM$1.6M3,985444859102
NEWAMSTERDAM PHARMA CO NVORDINARY SHARES$1.5M44,359N62509109
VERASTEM INCCOM NEW$1.2M309,68592337C203
MADRIGAL PHARMACEUTICALS INCCOM$959.5K1,787558868105
UROGEN PHARMA LTDCOM$901.6K24,500M96088105
BICYCLE THERAPEUTICS PLC-ADRSPONSORED ADS$856K201,890088786108
XERIS BIOPHARMA HOLDINGS INCCOM$826.9K104,41098422E103
ABEONA THERAPEUTICS INCCOM NEW$672.8K108,86500289Y206
INSPIRE MEDICAL SYSTEMS INCCOM$391.3K8,772457730109
PROQR THERAPEUTICS NVSHS EURO$351.2K188,807N71542109
ALDEYRA THERAPEUTICS INCCOM$331.7K155,70901438T106
Values are shown exactly as filed. Before 2023 managers reported in thousands of dollars and afterwards in whole dollars; the reporting unit is not always determinable from the document, so nothing is converted automatically.

Source: U.S. Securities and Exchange Commission, Form 13F · as of 2026-08-19