Arkolith/Funds/Sofinnova Investments, Inc.

Sofinnova Investments, Inc.

CIK 1631134Hedge fund
Holdings as of Mar 31, 2026·disclosed May 15, 2026·~45-day 13F lag·13F-HR
Active Filer

Sofinnova Investments, Inc. holds a focused book of 61 stocks worth $2.0B as of Q1 2026 (disclosed May 15, 2026, a ~45-day 13F lag). This quarter they opened AstraZeneca PLC and trimmed Jazz Pharmaceuticals PLC. Their largest long position is Natera Inc at 16% of the equity book. They also disclosed $595.0M in put options (a bearish bet) and $40.2M in call options (bullish), shown separately below and excluded from the equity book.

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Use Arkolith to show Sofinnova Investments, Inc.'s latest
holdings, largest changes, and filing provenance.
Opened
17
new positions
Added to
24
existing
Trimmed
11
reduced
Sold out
15
exited

Concentration

Top-heavy: focused book

Top 5 holdings
38%
Top 10 holdings
55%
Top 20 holdings
77%

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
100%
ETF / fund or unclassified
0%

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, no cost basis

Bought
Trimmed / exited

Holdings: largest first

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

61 positions
#SecurityValueShares% PortLast moveHistory
1Natera Inc
COM
$310.0M1.55M
15.5%
Held
2Bristol-Myers Squibb Co
COM
$120.6M1.99M
6.0%
+31%
Added · +476K sh
3Jazz Pharmaceuticals PLC
SHS USD
$113.1M598.3K
5.7%
−38%
Reduced · −362K sh
4Vera Therapeutics Inc
CL A
$112.4M2.79M
5.6%
Held
5United Therapeutics Corp
COM
$94.9M160.1K
4.8%
+1.5%
Added · +2K sh
6AstraZeneca PLC
ORD
$89.9M456.0K
4.5%
New
New position
7Cogent Biosciences Inc
COM
$81.4M2.11M
4.1%
+7.1%
Added · +140K sh
8Ultragenyx Pharmaceutical Inc
COM
$65.9M3.15M
3.3%
38×
Added · +3.1M sh
9Rapport Therapeutics Inc
COM
$59.6M1.90M
3.0%
Held
10Insmed Inc
COM PAR $.01
$56.6M346.1K
2.8%
+121%
Added · +189K sh
11Alcon AG
ORD SHS
$55.0M730.0K
2.8%
+120%
Added · +397K sh
12Supernus Pharmaceuticals
COM
$49.3M954.3K
2.5%
+73%
Added · +401K sh
13BioMarin Pharmaceutical Inc
COM
$44.2M782.0K
2.2%
+12%
Added · +85K sh
14Biogen Inc
COM
$42.1M229.5K
2.1%
New
New position
15Celcuity Inc
COM
$41.8M366.2K
2.1%
+22%
Added · +67K sh
16BioAge Labs Inc
COM
$40.1M2.29M
2.0%
Held
17Rhythm Pharmaceuticals Inc
COM
$39.1M450.1K
2.0%
+66%
Added · +179K sh
18Arrivent BioPharma Inc
COM
$39.1M1.70M
2.0%
Held
19IDEAYA Biosciences Inc
COM
$37.7M1.13M
1.9%
+28%
Added · +247K sh
20Immunome Inc
COM
$37.2M1.70M
1.9%
+5.2%
Added · +83K sh
21Nektar Therapeutics
COM
$36.7M509.5K
1.8%
+16%
Added · +71K sh
22Axsome Therapeutics Inc.
COM
$36.0M212.7K
1.8%
17×
Added · +200K sh
23Immatics N.V
SHS
$35.7M3.63M
1.8%
+5.7%
Added · +195K sh
24BridgeBio Pharma Inc
COM
$30.4M409.2K
1.5%
−43%
Reduced · −311K sh
25Dyne Therapeutics Inc
COM
$29.6M1.63M
1.5%
−28%
Reduced · −620K sh
26Inhibrx Biosciences Inc
COM
$27.3M406.0K
1.4%
−11%
Reduced · −49K sh
27Dexcom Inc
COM
$24.7M393.6K
1.2%
+4.1%
Added · +15K sh
28Pharvaris N V
COM
$23.1M818.3K
1.2%
+9.8%
Added · +73K sh
29Praxis Precision Medicines Inc
COM
$20.5M63.7K
1.0%
−49%
Reduced · −62K sh
30Genmab A/S
SPONSORED ADS
$20.2M752.3K
1.0%
New
New position
31Arcus Biosciences Inc
COM
$19.9M923.1K
1.0%
−16%
Reduced · −174K sh
32Xenon Pharmaceuticals Inc
COM
$17.7M305.2K
0.9%
+410%
Added · +245K sh
33Stryker Corporation
COM
$14.6M44.5K
0.7%
New
New position
34AnaptysBio Inc
COM
$13.8M248.3K
0.7%
−14%
Reduced · −39K sh
35Roivant Sciences Ltd
SHS
$13.2M478.0K
0.7%
−35%
Reduced · −257K sh
36Edgewise Therapeutics Inc
COM
$12.2M386.5K
0.6%
−12%
Reduced · −51K sh
37Compass Therapeutics Inc
COM
$10.9M2.06M
0.5%
−39%
Reduced · −1.3M sh
38Oric Pharmaceuticals Inc
COM
$8.6M679.6K
0.4%
New
New position
39Tango Therapeutics Inc
COM
$8.3M395.1K
0.4%
New
New position
40Tyra Biosciences Inc
COM
$7.8M204.0K
0.4%
New
New position
41AxoGen Inc
COM
$7.0M210.7K
0.3%
New
New position
42Definium Therapeutics Inc
COM SHS
$6.5M344.2K
0.3%
New
New position
43Cytokinetics Inc
COM
$6.0M91.8K
0.3%
New
New position
44Disc Medicine Inc
COM
$5.0M78.3K
0.3%
−29%
Reduced · −33K sh
45Veradermics Inc
COMMON STOCK
$4.6M73.3K
0.2%
New
New position
46Harmony Biosciences Hldgs Inc
COM
$4.3M152.7K
0.2%
New
New position
47Vaxcyte Inc
COM
$2.9M50.6K
0.1%
New
New position
48Mirum Pharmaceuticals Inc
COM
$2.5M27.6K
0.1%
+19%
Added · +4K sh
49Nextcure Inc
COM
$2.4M222.7K
0.1%
Held
50Savara Inc
COM
$2.0M364.8K
0.1%
+20%
Added · +60K sh
Showing 50 of 61 positions

Largest options & derivatives disclosed

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

Put notional (bearish)$595.0M
Call notional (bullish)$40.2M
TypeUnderlyingNotional valueUnderlying shares
PUT · bearishISHARES RUSSELL 2000 ETFIWM$148.8M600K
PUT · bearishSS SPDR S&P BIOTECH ETFXBI$134.1M1.1M
PUT · bearishINVESCO QQQ TRUST SERIES 1QQQ$86.6M150K
PUT · bearishISHARES BIOTECHNOLOGY ETFIBB$80.2M475K
PUT · bearishUNITED THERAPEUTICS CORPUTHR$47.6M80K
PUT · bearishCELCUITY INCCELC$34.2M300K
PUT · bearishAXSOME THERAPEUTICS INCAXSM$33.8M200K
CALL · bullishPFIZER INCPFE$22.5M800K
PUT · bearishLIQUIDIA CORPLQDA$18.9M500K
PUT · bearishEXELIXIS INCEXEL$10.8M252K
CALL · bullishREPLIMUNE GROUP INCREPL$7.8M1.0M
CALL · bullishULTRAGENYX PHARMACEUTICAL INRARE$7.3M350K
CALL · bullishCOMPASS THERAPEUTICS INCCMPX$2.6M500K

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
Q1 2026Mar 31, 2026May 15, 202675$2.6B13F-HR
Q4 2025Dec 31, 2025Feb 13, 202660$2.3B13F-HR
Q3 2025Sep 30, 2025Nov 14, 202562$1.8B13F-HR
Q2 2025Jun 30, 2025Aug 14, 202563$1.6B13F-HR
Q1 2025Mar 31, 2025May 15, 202565$1.5B13F-HR
Q4 2024Dec 31, 2024Feb 14, 202561$1.4B13F-HR
Q3 2024Sep 30, 2024Nov 13, 202462$1.3B13F-HR
Q2 2024Jun 30, 2024Aug 9, 202482$1.9B13F-HR
Q1 2024Mar 31, 2024Aug 14, 202474$1.8B13F-HR/A
Q4 2023Dec 31, 2023Aug 15, 202464$1.8B13F-HR/A
Q3 2023Sep 30, 2023Nov 14, 202369$1.6B13F-HR
Q2 2023Jun 30, 2023Aug 14, 202355$1.5B13F-HR
Q1 2023Mar 31, 2023May 11, 202353$1.6B13F-HR
Q4 2022Dec 31, 2022Feb 14, 202353$1.7B13F-HR
Q3 2022Sep 30, 2022Nov 8, 202261$1.7B13F-HR
Q2 2022Jun 30, 2022Aug 15, 202261$1.2B13F-HR
Q1 2022Mar 31, 2022May 16, 202264$1.3B13F-HR
Q4 2021Dec 31, 2021Feb 14, 202272$1.7B13F-HR
Q3 2021Sep 30, 2021Nov 15, 202170$1.7B13F-HR
Q2 2021Jun 30, 2021Aug 16, 202167$1.7B13F-HR
Q1 2021Mar 31, 2021May 14, 202164$1.7B13F-HR
Q4 2020Dec 31, 2020Feb 16, 202169$1.7B13F-HR
Amended / restated
  • Q1 2024 · filed May 15, 202413F-HR · superseded
  • Q4 2023 · filed Feb 13, 202413F-HR · superseded

Data source

Holdings from SEC EDGAR 13F-HR filings, updated quarterly ~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.