Arkolith/Funds/PFM Health Sciences, LP

PFM Health Sciences, LP

CIK 1442756
Holdings as of Jun 30, 2026·disclosed Aug 14, 2026·~45-day 13F lag·13F-HR
Active Filer

PFM Health Sciences, LP holds a diversified book of 96 stocks worth $1.2B as of Q2 2026 (disclosed Aug 14, 2026, a ~45-day 13F lag). This quarter they opened Ascendis Pharma A/s and trimmed Axsome Therapeutics Inc. Their largest long position is Ascendis Pharma A/s at 5% of the equity book. They also disclosed $5.7M in put options (a bearish bet) and $8.0M in call options (bullish), shown separately below and excluded from the equity book.

Opened
33
bought for the first time
Added to
22
already held, bought more
Trimmed
41
sold some, still holds it
Sold out
14
exited the position entirely

Concentration

Top-heavy: diversified book

Top 5 holdings
21%
Top 10 holdings
34%
Top 20 holdings
51%

Share of the disclosed book in its largest positions. A higher top-5 share means a more concentrated, higher-conviction portfolio.

Direct sector allocation

100% mapped to company sectors

Health Care
96%
Information Technology
2%
Consumer Staples
1%
Industrials
1%

Direct operating-company sectors from our SIC-based security master. ETF/fund and unclassified holdings stay visible separately; this is not ETF look-through exposure.

Biggest moves: latest quarter

Estimated $ traded · quarter-end prices (an exit at the prior quarter-end), no cost basis

Bought
Trimmed / exited

Funds with the most overlap

Other tracked managers holding the same core names as PFM Health Sciences, LP

Manager / fundShared namesTheir $ in those
Patient Square Capital LP10 / 80$483.2M
Avoro Capital Advisors LLC11 / 80$7.9B
Avidity Partners Management LP15 / 80$324.0M
First Turn Management, LLC15 / 80$573.0M
Boxer Capital Management, LLC10 / 80$430.4M
Integral Health Asset Management, LLC33 / 80$1.4B
Eagle Health Investments LP11 / 80$317.9M
Atle Fund Management AB17 / 80$195.1M

Ranked by the share of each fund's own book sitting in the names it shares with PFM Health Sciences, LP: only funds sharing at least a tenth of the book qualify. Index giants, bank custody books and market makers are excluded. They hold everything, so their overlap says nothing.

Holdings: largest first

Bars show each stock's share of the portfolio. Click a row for its position history.

96 positions
#SecurityValueShares% PortLast moveHistory
1Ascendis Pharma A/s
ORD SHS
$62.2M233.2K
5.4%
New
New position
2Axsome Therapeutics Inc.
COM
$53.8M219.6K
4.7%
−17%
Reduced · −45K sh
3Eli Lilly & Co
COM
$47.1M39.3K
4.1%
−40%
Reduced · −27K sh
4Jazz Pharmaceuticals PLC
SHS USD
$38.7M160.8K
3.4%
−9.8%
Reduced · −17K sh
5Humana Inc
COM
$37.5M94.4K
3.3%
New
New position
6Unitedhealth Group Inc
COM
$36.7M88.3K
3.2%
+52%
Added · +30K sh
7Neurocrine Biosciences Inc
COM
$36.0M213.4K
3.1%
−1.1%
Reduced · −2K sh
8Inhibrx Biosciences Inc
COM
$29.2M308.4K
2.5%
+1.0%
Added · +3K sh
9United Therapeutics Corp Del
COM
$27.1M50.0K
2.4%
+26%
Added · +10K sh
10Revolution Medicines Inc
COM
$26.8M143.2K
2.3%
+1.7%
Added · +2K sh
11Icon Pub Ltd Co
SHS
$23.7M136.5K
2.1%
+137%
Added · +79K sh
12Tenet Healthcare Corp
COM NEW
$23.7M126.6K
2.1%
−68%
Reduced · −272K sh
13Edwards Lifesciences Corp
COM
$22.7M250.5K
2.0%
−1.6%
Reduced · −4K sh
14Waters Corp
COM
$22.4M59.8K
1.9%
+50%
Added · +20K sh
15Penumbra Inc
COM
$19.0M60.2K
1.7%
−57%
Reduced · −80K sh
16Bridgebio Pharma Inc
COM
$18.9M253.4K
1.6%
−1.7%
Reduced · −4K sh
17Stryker Corporation
COM
$17.8M56.6K
1.5%
+158%
Added · +35K sh
18Mettler Toledo International
COM
$17.0M13.3K
1.5%
New
New position
19Indivior Pharmaceuticals Inc
COM
$16.5M401.2K
1.4%
−30%
Reduced · −173K sh
20Merck & Co Inc
COM
$16.3M127.1K
1.4%
New
New position
21Cytokinetics Inc
COM NEW
$16.3M191.7K
1.4%
New
New position
22Lantheus Hldgs Inc
COM
$16.2M146.4K
1.4%
New
New position
23Centene Corp Del
COM
$16.0M248.9K
1.4%
−5.5%
Reduced · −15K sh
24Cooper Cos Inc
COM
$15.8M220.9K
1.4%
+30%
Added · +51K sh
25Madrigal Pharmaceuticals Inc
COM
$15.7M29.3K
1.4%
−14%
Reduced · −5K sh
26Acadia Healthcare Company In
COM
$15.5M524.9K
1.3%
−9.9%
Reduced · −58K sh
27Oruka Therapeutics Inc
COM
$15.1M158.8K
1.3%
−8.7%
Reduced · −15K sh
28Oscar Health Inc
CL A
$14.8M519.0K
1.3%
+3.8%
Added · +19K sh
29Thermo Fisher Scientific Inc
COM
$14.3M28.5K
1.2%
+92%
Added · +14K sh
30CVS Health Corp
COM
$14.2M137.5K
1.2%
New
New position
31Merit Med Sys Inc
COM
$13.7M197.0K
1.2%
+21%
Added · +35K sh
32Praxis Precision Medicines I
COM NEW
$12.9M38.6K
1.1%
+8.8%
Added · +3K sh
33Celldex Therapeutics Inc New
COM NEW
$12.8M342.8K
1.1%
+5.5%
Added · +18K sh
34Novo-Nordisk A S
ADR
$12.7M265.0K
1.1%
+34%
Added · +68K sh
35Integer Hldgs Corp
COM
$11.8M126.7K
1.0%
−6.2%
Reduced · −8K sh
36Dianthus Therapeutics Inc
COM
$11.8M121.2K
1.0%
−30%
Reduced · −51K sh
37Definium Therapeutics Inc
COM SHS
$11.7M249.0K
1.0%
+21%
Added · +44K sh
38Gilead Sciences Inc
COM
$11.5M90.9K
1.0%
New
New position
39Rhythm Pharmaceuticals Inc
COM
$11.3M101.5K
1.0%
−26%
Reduced · −35K sh
40Schein Henry Inc
COM
$11.2M134.4K
1.0%
−12%
Reduced · −19K sh
41Arrowhead Pharmaceuticals In
COM
$10.7M131.7K
0.9%
+105%
Added · +67K sh
42Tango Therapeutics Inc
COM
$10.2M326.0K
0.9%
−20%
Reduced · −80K sh
43Teleflex Incorporated
COM
$10.1M79.7K
0.9%
New
New position
44Viking Therapeutics Inc
COM
$10.0M255.3K
0.9%
−3.0%
Reduced · −8K sh
45Brightspring Health Svcs Inc
COM
$9.9M141.9K
0.9%
−24%
Reduced · −45K sh
46Vera Therapeutics Inc
CL A
$9.6M224.3K
0.8%
+28%
Added · +49K sh
47Roivant Sciences Ltd
SHS
$9.5M268.0K
0.8%
+29%
Added · +61K sh
48CG Oncology Inc
COM
$9.1M128.3K
0.8%
−23%
Reduced · −38K sh
49Amneal Pharmaceuticals Inc
COM STK CL A
$8.3M480.7K
0.7%
−48%
Reduced · −449K sh
50Eupraxia Pharmaceuticals Inc
COM
$8.0M1.21M
0.7%
+124%
Added · +670K sh
Showing 50 of 96 positions
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Largest options & derivatives disclosed

Put / call positions from the 13F — totals include every disclosed option leg

Put notional (bearish)$5.7M
Call notional (bullish)$8.0M
TypeUnderlyingNotional valueUnderlying shares
CALL · bullishCENCORA INCCOR$8.0M28K
PUT · bearishCENTENE CORPCNC$5.7M88K

13F filers disclose option positions at the market value of the underlying the contracts reference, not the premium paid. A put is a bearish bet (it gains if the stock falls); a call is bullish. “Underlying shares” is the share count the contracts control, not a share holding. These legs are excluded from the equity book, weighting, concentration and sector figures above.

Filing history

As-of date vs the date the SEC received each filing

QuarterAs ofFiledPositionsValueForm
Q2 2026Jun 30, 2026Aug 14, 202698$1.2B13F-HR
Q1 2026Mar 31, 2026May 15, 202683$1.1B13F-HR
Q4 2025Dec 31, 2025Feb 17, 202678$1.0B13F-HR
Q3 2025Sep 30, 2025Nov 14, 202572$1.3B13F-HR
Q2 2025Jun 30, 2025Aug 14, 202557$1.2B13F-HR

Data source

Holdings from SEC EDGAR 13F-HR filings, updated quarterly, filed up to 45 days after quarter-end. Public domain. The book and weighting are long equity only; disclosed put/call options are listed separately and excluded from those totals. Price-derived performance is withheld until the price-source policy and freshness gate are green.