Arkolith/Funds/Tang Capital Management LLC

Tang Capital Management LLC

CIK 1232621Hedge fund
Holdings as of Mar 31, 2026·disclosed May 15, 2026·~45-day 13F lag·13F-HR
Active Filer

Tang Capital Management LLC holds a focused book of 51 stocks worth $2.0B as of Q1 2026 (disclosed May 15, 2026, a ~45-day 13F lag). This quarter they opened Compass Pathways PLC and trimmed Lakefront Biotherapeutic-ADR. Their largest long position is Aurinia Pharmaceuticals Inc at 9% of the equity book.

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Use Arkolith to show TANG CAPITAL MANAGEMENT LLC's latest
holdings, largest changes, and filing provenance.
Opened
4
new positions
Added to
9
existing
Trimmed
14
reduced
Sold out
28
exited

Concentration

Top-heavy: focused book

Top 5 holdings
32%
Top 10 holdings
58%
Top 20 holdings
88%

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

Direct sector allocation

94% mapped to company sectors

Health Care
94%
ETF / fund or unclassified
6%
Real Estate
0%
Information Technology
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.

51 positions
#SecurityValueShares% PortLast moveHistory
1Aurinia Pharmaceuticals Inc
COM
$181.2M12.23M
9.2%
+7.9%
Added · +900K sh
2Celcuity Inc
COM
$119.8M1.05M
6.1%
Held
3Mirum Pharmaceuticals Inc
COM
$114.2M1.24M
5.8%
Held
4Galapagos NV
SPON ADR
$113.6M3.79M
5.8%
−3.4%
Reduced · −135K sh
5State STR SPDR S&P 500 ETF T
TR UNIT
$109.3M168.0K
5.5%
+460%
Added · +138K sh
6Kiniksa Pharmaceuticals Intl
ORD SHS CL A
$108.8M2.26M
5.5%
Held
7Capricor Therapeutics Inc
COM NEW
$103.4M3.40M
5.2%
+100%
Added · +1.7M sh
8PTC Therapeutics Inc
COM
$102.2M1.50M
5.2%
Held
9Spyre Therapeutics Inc
COM NEW
$95.4M1.89M
4.8%
Held
10Kalvista Pharmaceuticals Inc
COM
$92.1M4.57M
4.7%
Held
11Compass Therapeutics Inc
COM
$88.8M16.79M
4.5%
Held
12Tarsus Pharmaceuticals Inc
COM
$83.4M1.19M
4.2%
Held
13Immunocore Hldgs PLC
ADS
$79.9M2.65M
4.1%
+0.8%
Added · +21K sh
14Anaptysbio Inc
COM
$73.8M1.33M
3.7%
−0.1%
Reduced · −1K sh
15Corcept Therapeutics Inc
COM
$60.5M1.50M
3.1%
+857%
Added · +1.3M sh
16Ani Pharmaceuticals Inc
COM
$54.4M707.5K
2.8%
+47%
Added · +226K sh
17Insmed Inc
COM PAR $.01
$42.5M260.0K
2.2%
+333%
Added · +200K sh
18Biontech SE
SPONSORED ADS
$41.8M470.0K
2.1%
Held
19Viridian Therapeutics Inc
COM
$35.1M1.79M
1.8%
Held
20Atea Pharmaceuticals Inc
COM
$25.9M4.81M
1.3%
Held
21Precigen Inc
COM
$24.8M6.42M
1.3%
+14%
Added · +800K sh
22Dianthus Therapeutics Inc
COM
$22.2M264.7K
1.1%
Held
23Compass Pathways PLC
SPONSORED ADS
$22.1M4.00M
1.1%
New
New position
24Crescent Biopharma Inc.
COM
$21.3M1.16M
1.1%
+33%
Added · +288K sh
25Stoke Therapeutics Inc
COM
$16.3M500.0K
0.8%
Held
26Viking Therapeutics Inc
COM
$16.3M500.0K
0.8%
Held
27Ideaya Biosciences Inc
COM
$15.0M450.0K
0.8%
Held
28Nuvation Bio Inc
COM CL A
$13.5M3.15M
0.7%
−18%
Reduced · −708K sh
29Pliant Therapeutics Inc
COM
$7.7M6.14M
0.4%
Held
30Journey Med Corp
COM
$7.6M1.61M
0.4%
−13%
Reduced · −245K sh
31Janux Therapeutics Inc
COM
$7.0M500.0K
0.4%
New
New position
32Biogen Inc
COM
$6.4M35.0K
0.3%
Held
33Urogen Pharma Ltd
COM
$6.3M350.0K
0.3%
Held
34Arvinas Inc
COM
$5.7M538.7K
0.3%
−5.4%
Reduced · −31K sh
35PMV Pharmaceuticals Inc
COM
$5.3M4.25M
0.3%
−14%
Reduced · −695K sh
36Moderna Inc
COM
$5.1M100.0K
0.3%
−86%
Reduced · −593K sh
37Heron Therapeutics Inc
COM
$5.0M6.25M
0.3%
Held
38Kezar Life Sciences Inc
COM NEW
$4.9M664.3K
0.3%
Held
39Wave Life Sciences Ltd
SHS
$4.3M600.0K
0.2%
Held
40Lenz Therapeutics Inc
COM
$4.1M451.1K
0.2%
−48%
Reduced · −414K sh
41Agios Pharmaceuticals Inc
COM
$3.4M100.0K
0.2%
New
New position
42Erasca Inc
COM
$3.2M200.0K
0.2%
−78%
Reduced · −700K sh
43Coherus Oncology Inc
COM
$3.2M1.89M
0.2%
−31%
Reduced · −838K sh
44Nkarta Inc
COM
$3.1M1.48M
0.2%
Held
45Altimmune Inc
COM NEW
$2.1M666.0K
0.1%
−69%
Reduced · −1.5M sh
46Evolus Inc
COM
$2.0M483.0K
0.1%
−61%
Reduced · −763K sh
47Abeona Therapeutics Inc
COM NEW
$1.8M400.0K
0.1%
−60%
Reduced · −600K sh
48Fate Therapeutics Inc
COM
$1.4M1.17M
0.1%
Held
49Neumora Therapeutics Inc.
COM
$858K439.9K
0.0%
−55%
Reduced · −527K sh
50Lexicon Pharmaceuticals Inc
COM NEW
$624K399.7K
0.0%
New
New position
Showing 50 of 51 positions

Filing history

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

QuarterAs ofFiledPositionsValueForm
Q1 2026Mar 31, 2026May 15, 202651$2.0B13F-HR
Q4 2025Dec 31, 2025Feb 17, 202675$2.0B13F-HR
Q3 2025Sep 30, 2025Nov 14, 2025194$2.6B13F-HR
Q2 2025Jun 30, 2025Aug 14, 2025200$2.0B13F-HR
Q1 2025Mar 31, 2025May 15, 2025202$1.8B13F-HR
Q4 2024Dec 31, 2024Feb 14, 2025183$1.5B13F-HR
Q3 2024Sep 30, 2024Nov 14, 2024154$1.4B13F-HR
Q2 2024Jun 30, 2024Aug 14, 2024128$981.9M13F-HR
Q1 2024Mar 31, 2024May 15, 202499$960.4M13F-HR
Q4 2023Dec 31, 2023Feb 14, 2024123$1.1B13F-HR
Q3 2023Sep 30, 2023Nov 14, 2023106$708.7M13F-HR
Q2 2023Jun 30, 2023Aug 14, 202399$679.3M13F-HR
Q1 2023Mar 31, 2023May 15, 2023103$671.1M13F-HR
Q4 2022Dec 31, 2022Feb 14, 202389$688.3M13F-HR
Q3 2022Sep 30, 2022Nov 14, 202295$815.4M13F-HR
Q2 2022Jun 30, 2022Aug 15, 202267$659.0M13F-HR
Q1 2022Mar 31, 2022May 16, 202253$499.9M13F-HR
Q4 2021Dec 31, 2021Feb 14, 202229$497.2M13F-HR
Q3 2021Sep 30, 2021Nov 15, 202120$481.7M13F-HR
Q2 2021Jun 30, 2021Aug 16, 202116$502.4M13F-HR
Q1 2021Mar 31, 2021May 17, 202111$355.4M13F-HR
Q4 2020Dec 31, 2020Feb 16, 202111$655.0M13F-HR
Q3 2020Sep 30, 2020Nov 16, 202020$552.7M13F-HR
Q2 2020Jun 30, 2020Aug 14, 202021$1.0B13F-HR

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.