Defilade Capital Management, L.P.
CIK 0002088557
Annualised vol
11.037568%
Beta
0.400043
HHI
343.017017
Top-10 weight
46.512068%
VaR 95%
1.004952%
VaR 99%
1.963724%
Max drawdown
18.437479%
Matched value
87.239636%
Returns of reported holdings
Loading returns…
Position changes vs prior quarter
What the latest 13F shows bought and sold against the quarter before, by share count.
| Ticker | Change | Shares now | Shares before | Share change % | Value now ($) |
|---|---|---|---|---|---|
| LLY | ADDED | 39,086 | 20,696 | 88.86% | 46,880,921 |
| PFE | ADDED | 1,771,743 | 1,464,129 | 21.01% | 42,663,571 |
| BMRN | NEW | 682,005 | - | - | 39,024,326 |
| PTCT | ADDED | 433,699 | 376,165 | 15.29% | 35,376,827 |
| BAX | NEW | 1,459,380 | - | - | 31,113,982 |
| INSM | ADDED | 281,838 | 194,909 | 44.6% | 30,049,568 |
| ZBH | REDUCED | 317,426 | 579,161 | -45.19% | 27,327,204 |
| PODD | NEW | 176,932 | - | - | 26,937,897 |
| TMO | NEW | 51,934 | - | - | 26,037,630 |
| ABT | NEW | 285,778 | - | - | 25,931,496 |
| ASND | ADDED | 94,843 | 51,895 | 82.76% | 25,296,525 |
| SOLV | NEW | 316,454 | - | - | 24,414,426 |
| MDT | NEW | 303,301 | - | - | 23,727,237 |
| ELAN | REDUCED | 864,080 | 931,121 | -7.2% | 21,265,009 |
| AGIO | NEW | 546,848 | - | - | 20,293,529 |
| NVST | NEW | 726,108 | - | - | 19,132,946 |
| RVMD | REDUCED | 82,827 | 315,972 | -73.79% | 15,511,841 |
| COGT | ADDED | 393,441 | 352,590 | 11.59% | 15,226,167 |
| OCUL | ADDED | 1,490,286 | 1,487,645 | 0.18% | 14,634,609 |
| ELDN | REDUCED | 3,525,338 | 3,564,127 | -1.09% | 13,889,832 |
| TYRA | NEW | 376,870 | - | - | 12,037,228 |
| OLMA | REDUCED | 924,758 | 1,504,536 | -38.54% | 11,568,723 |
| ORIC | ADDED | 1,047,690 | 842,928 | 24.29% | 11,346,483 |
| LRMR | NEW | 3,670,135 | - | - | 11,193,912 |
| ENOV | NEW | 531,945 | - | - | 11,011,262 |
| EVMN | ADDED | 793,145 | 678,589 | 16.88% | 10,540,897 |
| TFX | NEW | 80,118 | - | - | 10,155,758 |
| DNLI | REDUCED | 391,866 | 1,359,969 | -71.19% | 10,078,794 |
| GKOS | NEW | 66,519 | - | - | 9,296,695 |
| STAA | NEW | 322,126 | - | - | 9,241,795 |
| PACS | REDUCED | 215,675 | 604,180 | -64.3% | 9,196,382 |
| LIVN | NEW | 107,373 | - | - | 8,829,282 |
| MREO | UNCHANGED | 7,558,756 | 7,558,756 | 0.0% | 2,401,417 |
| TNDM | CLOSED OUT | 0 | 761,905 | -100.0% | 0 |
| DXCM | CLOSED OUT | 0 | 538,762 | -100.0% | 0 |
| BHVN | CLOSED OUT | 0 | 315,944 | -100.0% | 0 |
| BDX | CLOSED OUT | 0 | 279,210 | -100.0% | 0 |
| NBIX | CLOSED OUT | 0 | 209,932 | -100.0% | 0 |
| BIIB | CLOSED OUT | 0 | 96,289 | -100.0% | 0 |
| ISRG | CLOSED OUT | 0 | 67,681 | -100.0% | 0 |
| ALGN | CLOSED OUT | 0 | 67,332 | -100.0% | 0 |
Holdings (latest quarter)
| Ticker | Change | Issuer | Class | CUSIP | Value ($) | Weight % | Shares |
|---|---|---|---|---|---|---|---|
| LLY | ADDED | ELI LILLY & CO | COM | 532457108 | 46,880,921 | 6.28 | 39086.0 |
| PFE | ADDED | PFIZER INC | COM | 717081103 | 42,663,571 | 5.71 | 1771743.0 |
| - | VEEVA SYS INC | CL A COM | 922475108 | 42,008,746 | 5.62 | 236709.0 | |
| BMRN | NEW | BIOMARIN PHARMACEUTICAL INC | COM | 09061G101 | 39,024,326 | 5.22 | 682005.0 |
| PTCT | ADDED | PTC THERAPEUTICS INC | COM | 69366J200 | 35,376,827 | 4.74 | 433699.0 |
| BAX | NEW | BAXTER INTL INC | COM | 071813109 | 31,113,982 | 4.17 | 1459380.0 |
| INSM | ADDED | INSMED INC | COM PAR $.01 | 457669307 | 30,049,568 | 4.02 | 281838.0 |
| ZBH | REDUCED | ZIMMER BIOMET HOLDINGS INC | COM | 98956P102 | 27,327,204 | 3.66 | 317426.0 |
| PODD | NEW | INSULET CORP | COM | 45784P101 | 26,937,897 | 3.61 | 176932.0 |
| TMO | NEW | THERMO FISHER SCIENTIFIC INC | COM | 883556102 | 26,037,630 | 3.49 | 51934.0 |
| ABT | NEW | ABBOTT LABORATORIES | COM | 002824100 | 25,931,496 | 3.47 | 285778.0 |
| ASND | ADDED | ASCENDIS PHARMA A/S | ORD SHS | K08588103 | 25,296,525 | 3.39 | 94843.0 |
| SOLV | NEW | SOLVENTUM CORP | COM SHS | 83444M101 | 24,414,426 | 3.27 | 316454.0 |
| MDT | NEW | MEDTRONIC PLC | SHS | G5960L103 | 23,727,237 | 3.18 | 303301.0 |
| ELAN | REDUCED | ELANCO ANIMAL HEALTH INC | COM | 28414H103 | 21,265,009 | 2.85 | 864080.0 |
| AGIO | NEW | AGIOS PHARMACEUTICALS INC | COM | 00847X104 | 20,293,529 | 2.72 | 546848.0 |
| NVST | NEW | ENVISTA HOLDINGS CORPORATION | COM | 29415F104 | 19,132,946 | 2.56 | 726108.0 |
| RVMD | REDUCED | REVOLUTION MEDICINES INC | COM | 76155X100 | 15,511,841 | 2.08 | 82827.0 |
| - | ICU MED INC | COM | 44930G107 | 15,495,620 | 2.07 | 105700.0 | |
| COGT | ADDED | COGENT BIOSCIENCES INC | COM | 19240Q201 | 15,226,167 | 2.04 | 393441.0 |
| - | LANTHEUS HLDGS INC | COM | 516544103 | 14,717,522 | 1.97 | 132662.0 | |
| OCUL | ADDED | OCULAR THERAPEUTIX INC | COM | 67576A100 | 14,634,609 | 1.96 | 1490286.0 |
| ELDN | REDUCED | ELEDON PHARMACEUTICALS INC | COM | 28617K101 | 13,889,832 | 1.86 | 3525338.0 |
| TYRA | NEW | TYRA BIOSCIENCES INC | COM | 90240B106 | 12,037,228 | 1.61 | 376870.0 |
| OLMA | REDUCED | OLEMA PHARMACEUTICALS INC | COM | 68062P106 | 11,568,723 | 1.55 | 924758.0 |
| ORIC | ADDED | ORIC PHARMACEUTICALS INC | COM | 68622P109 | 11,346,483 | 1.52 | 1047690.0 |
| LRMR | NEW | LARIMAR THERAPEUTICS INC | COM | 517125100 | 11,193,912 | 1.5 | 3670135.0 |
| - | GLOBUS MED INC | CL A | 379577208 | 11,032,719 | 1.48 | 139637.0 | |
| ENOV | NEW | ENOVIS CORPORATION | COM | 194014502 | 11,011,262 | 1.47 | 531945.0 |
| EVMN | ADDED | EVOMMUNE INC | COM SHS | 30054Y107 | 10,540,897 | 1.41 | 793145.0 |
| TFX | NEW | TELEFLEX INCORPORATED | COM | 879369106 | 10,155,758 | 1.36 | 80118.0 |
| DNLI | REDUCED | DENALI THERAPEUTICS INC | COM | 24823R105 | 10,078,794 | 1.35 | 391866.0 |
| GKOS | NEW | GLAUKOS CORP | COM | 377322102 | 9,296,695 | 1.24 | 66519.0 |
| STAA | NEW | STAAR SURGICAL CO | COM PAR $0.01 | 852312305 | 9,241,795 | 1.24 | 322126.0 |
| PACS | REDUCED | PACS GROUP INC | COM SHS | 69380Q107 | 9,196,382 | 1.23 | 215675.0 |
| - | CRINETICS PHARMACEUTICALS IN | COM | 22663K107 | 8,959,845 | 1.2 | 239440.0 | |
| LIVN | NEW | LIVANOVA PLC | SHS | G5509L101 | 8,829,282 | 1.18 | 107373.0 |
| - | BLACK DIAMOND THERAPEUTICS I | COM | 09203E105 | 3,098,748 | 0.41 | 1674999.0 | |
| MREO | UNCHANGED | MEREO BIOPHARMA GROUP PLC | SPON ADS | 589492107 | 2,401,417 | 0.32 | 7558756.0 |
Quarterly portfolios
| Period | Filed | Value ($) | Positions | Vol % | Beta | Max DD % |
|---|---|---|---|---|---|---|
| 2026-06-30 | 2026-08-14 | 746,947,371 | 39 | 11.037568 | 0.400043 | 18.437479 |
| 2026-03-31 | 2026-06-12 | 712,175,993 | 31 | 11.696255 | 0.421032 | 19.760619 |
| 2025-12-31 | 2026-02-13 | 737,727,220 | 33 | 11.100102 | 0.386406 | 28.348922 |