Rhenman & Partners Asset Management AB
CIK 0001599882
Annualised vol
10.571234%
Beta
0.399519
HHI
152.610039
Top-10 weight
25.078449%
VaR 95%
1.003966%
VaR 99%
1.860465%
Max drawdown
14.933953%
Matched value
82.957923%
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 ($) |
|---|---|---|---|---|---|
| CVS | REDUCED | 279,374 | 336,500 | -16.98% | 28,901,240 |
| AZN | NEW | 151,500 | - | - | 28,480,798 |
| MRK | NEW | 213,500 | - | - | 27,434,750 |
| ABBV | ADDED | 96,775 | 71,575 | 35.21% | 24,352,461 |
| ALHC | REDUCED | 997,083 | 1,053,450 | -5.35% | 23,740,546 |
| EW | ADDED | 260,000 | 163,000 | 59.51% | 23,519,600 |
| GILD | ADDED | 178,250 | 167,750 | 6.26% | 22,520,105 |
| JAZZ | ADDED | 87,440 | 75,890 | 15.22% | 21,070,417 |
| BIIB | REDUCED | 94,850 | 109,100 | -13.06% | 20,493,291 |
| SYK | ADDED | 65,000 | 47,800 | 35.98% | 20,464,600 |
| BSX | REDUCED | 450,500 | 625,000 | -27.92% | 19,227,340 |
| JNJ | NEW | 72,500 | - | - | 18,412,825 |
| GH | REDUCED | 115,000 | 145,000 | -20.69% | 17,253,450 |
| REGN | REDUCED | 27,390 | 48,100 | -43.06% | 17,078,761 |
| GKOS | ADDED | 119,000 | 84,000 | 41.67% | 16,631,440 |
| BMRN | ADDED | 290,500 | 207,000 | 40.34% | 16,622,410 |
| NRIX | ADDED | 684,250 | 313,500 | 118.26% | 16,599,905 |
| NTRA | ADDED | 61,050 | 51,600 | 18.31% | 16,572,022 |
| MIRM | ADDED | 139,205 | 92,605 | 50.32% | 16,296,729 |
| INSM | REDUCED | 151,960 | 159,760 | -4.88% | 16,201,975 |
| THC | ADDED | 85,200 | 54,000 | 57.78% | 15,939,216 |
| TMO | REDUCED | 31,580 | 41,340 | -23.61% | 15,832,949 |
| AXSM | REDUCED | 63,050 | 63,800 | -1.18% | 15,432,748 |
| AVR | ADDED | 1,538,625 | 1,438,625 | 6.95% | 15,155,456 |
| NBIX | REDUCED | 85,841 | 100,841 | -14.87% | 14,467,213 |
| PNTG | ADDED | 371,471 | 275,399 | 34.88% | 13,725,853 |
| ISRG | REDUCED | 34,500 | 36,846 | -6.37% | 13,719,960 |
| ELV | ADDED | 34,900 | 32,300 | 8.05% | 13,496,877 |
| LIVN | ADDED | 164,000 | 155,000 | 5.81% | 13,485,720 |
| COR | REDUCED | 46,778 | 52,375 | -10.69% | 13,237,238 |
| IDYA | ADDED | 343,800 | 255,500 | 34.56% | 12,813,426 |
| MCK | REDUCED | 16,550 | 16,850 | -1.78% | 12,505,180 |
| SNDX | ADDED | 560,250 | 379,250 | 47.73% | 12,247,065 |
| MDT | ADDED | 145,000 | 90,000 | 61.11% | 11,343,350 |
| MLYS | ADDED | 416,371 | 263,071 | 58.27% | 11,233,690 |
| OSCR | REDUCED | 392,000 | 660,000 | -40.61% | 11,179,840 |
| RPRX | REDUCED | 197,000 | 233,000 | -15.45% | 11,045,790 |
| DXCM | NEW | 160,000 | - | - | 10,776,000 |
| ALGN | ADDED | 63,000 | 7,500 | 740.0% | 10,625,580 |
| SYRE | NEW | 119,300 | - | - | 10,591,454 |
| RLAY | ADDED | 566,000 | 360,000 | 57.22% | 10,589,860 |
| A | ADDED | 75,000 | 25,000 | 200.0% | 9,962,250 |
| NKTR | ADDED | 141,250 | 59,000 | 139.41% | 9,860,662 |
| ALKS | ADDED | 185,250 | 133,250 | 39.02% | 9,706,174 |
| ABT | REDUCED | 96,000 | 112,000 | -14.29% | 8,711,040 |
| PRCT | REDUCED | 345,000 | 475,000 | -27.37% | 7,790,100 |
| GPCR | ADDED | 145,100 | 128,100 | 13.27% | 7,787,517 |
| ORKA | NEW | 80,000 | - | - | 7,613,600 |
| EHC | ADDED | 74,263 | 56,263 | 31.99% | 7,506,504 |
| MLTX | ADDED | 384,800 | 239,500 | 60.67% | 7,492,056 |
| IOVA | REDUCED | 1,705,327 | 2,055,327 | -17.03% | 7,094,160 |
| BBIO | ADDED | 91,100 | 90,600 | 0.55% | 6,785,128 |
| KURA | NEW | 591,500 | - | - | 6,488,755 |
| PODD | ADDED | 42,000 | 14,000 | 200.0% | 6,394,500 |
| ERAS | NEW | 349,000 | - | - | 6,393,680 |
| KRYS | REDUCED | 16,325 | 16,675 | -2.1% | 6,067,513 |
| STVN | ADDED | 305,972 | 274,676 | 11.39% | 5,528,914 |
| ASTH | NEW | 118,888 | - | - | 5,517,592 |
| CAH | REDUCED | 22,500 | 27,000 | -16.67% | 5,345,100 |
| ALNY | REDUCED | 17,200 | 34,465 | -50.09% | 5,177,716 |
| MOH | NEW | 21,857 | - | - | 4,998,696 |
| VKTX | REDUCED | 128,000 | 160,000 | -20.0% | 4,993,280 |
| IONS | REDUCED | 59,900 | 92,900 | -35.52% | 4,749,471 |
| DNLI | REDUCED | 179,000 | 199,000 | -10.05% | 4,603,880 |
| MDGL | REDUCED | 8,050 | 24,050 | -66.53% | 4,322,447 |
| AMGN | REDUCED | 11,900 | 15,200 | -21.71% | 4,309,228 |
| SION | ADDED | 97,100 | 87,500 | 10.97% | 4,271,429 |
| ASND | UNCHANGED | 15,000 | 15,000 | 0.0% | 4,000,800 |
| MBX | NEW | 62,000 | - | - | 3,422,400 |
| VCEL | UNCHANGED | 70,000 | 70,000 | 0.0% | 3,114,300 |
| BCAX | NEW | 88,150 | - | - | 2,617,173 |
| STE | UNCHANGED | 11,500 | 11,500 | 0.0% | 2,421,555 |
| OCUL | REDUCED | 225,000 | 305,000 | -26.23% | 2,209,500 |
| STOK | REDUCED | 64,500 | 83,000 | -22.29% | 2,110,440 |
| XENE | ADDED | 33,250 | 28,000 | 18.75% | 2,006,970 |
| DOCS | REDUCED | 76,107 | 183,808 | -58.59% | 1,578,459 |
| PRVA | NEW | 50,000 | - | - | 1,286,500 |
| NVCR | UNCHANGED | 70,000 | 70,000 | 0.0% | 1,060,500 |
| MMED | NEW | 55,000 | - | - | 822,250 |
| AGL | NEW | 5,000 | - | - | 535,900 |
| TXG | NEW | 8,500 | - | - | 325,890 |
| TNDM | NEW | 20,000 | - | - | 301,800 |
| TGTX | NEW | 5,000 | - | - | 274,700 |
| CMPX | CLOSED OUT | 0 | 115,113 | -100.0% | 0 |
Holdings (latest quarter)
| Ticker | Change | Issuer | Class | CUSIP | Value ($) | Weight % | Shares |
|---|---|---|---|---|---|---|---|
| - | UNITED HEALTH GROUP INC | COM | 91324P102 | 38,902,968 | 3.67 | 93600.0 | |
| CVS | REDUCED | CVS HEALTH CORP | COM | 126650100 | 28,901,240 | 2.73 | 279374.0 |
| AZN | NEW | ASTRAZENECA PLC | ORD | G0593M107 | 28,480,798 | 2.69 | 151500.0 |
| MRK | NEW | MERCK & CO INC | COM | 58933Y105 | 27,434,750 | 2.59 | 213500.0 |
| - | LILLY ELI & CO | COM | 532457108 | 26,765,280 | 2.53 | 22315.0 | |
| ABBV | ADDED | ABBVIE INC | COM | 00287Y109 | 24,352,461 | 2.3 | 96775.0 |
| ALHC | REDUCED | ALIGNMENT HEALTHCARE INC | COM | 01625V104 | 23,740,546 | 2.24 | 997083.0 |
| EW | ADDED | EDWARDS LIFESCIENCES CORP | COM | 28176E108 | 23,519,600 | 2.22 | 260000.0 |
| GILD | ADDED | GILEAD SCIENCES INC | COM | 375558103 | 22,520,105 | 2.13 | 178250.0 |
| JAZZ | ADDED | JAZZ PHARMACEUTICALS PLC | SHS USD | G50871105 | 21,070,417 | 1.99 | 87440.0 |
| BIIB | REDUCED | BIOGEN INC | COM | 09062X103 | 20,493,291 | 1.93 | 94850.0 |
| SYK | ADDED | STRYKER CORPORATION | COM | 863667101 | 20,464,600 | 1.93 | 65000.0 |
| BSX | REDUCED | BOSTON SCIENTIFIC CORP | COM | 101137107 | 19,227,340 | 1.81 | 450500.0 |
| JNJ | NEW | JOHNSON & JOHNSON | COM | 478160104 | 18,412,825 | 1.74 | 72500.0 |
| GH | REDUCED | GUARDANT HEALTH INC | COM | 40131M109 | 17,253,450 | 1.63 | 115000.0 |
| REGN | REDUCED | REGENERON PHARMACEUTICALS | COM | 75886F107 | 17,078,761 | 1.61 | 27390.0 |
| GKOS | ADDED | GLAUKOS CORP | COM | 377322102 | 16,631,440 | 1.57 | 119000.0 |
| BMRN | ADDED | BIOMARIN PHARMACEUTICAL INC | COM | 09061G101 | 16,622,410 | 1.57 | 290500.0 |
| NRIX | ADDED | NURIX THERAPEUTICS INC | COM | 67080M103 | 16,599,905 | 1.57 | 684250.0 |
| NTRA | ADDED | NATERA INC | COM | 632307104 | 16,572,022 | 1.56 | 61050.0 |
| MIRM | ADDED | MIRUM PHARMACEUTICALS INC | COM | 604749101 | 16,296,729 | 1.54 | 139205.0 |
| INSM | REDUCED | INSMED INC | COM PAR $.01 | 457669307 | 16,201,975 | 1.53 | 151960.0 |
| THC | ADDED | TENET HEALTHCARE CORP | COM NEW | 88033G407 | 15,939,216 | 1.5 | 85200.0 |
| TMO | REDUCED | THERMO FISHER SCIENTIFIC INC | COM | 883556102 | 15,832,949 | 1.49 | 31580.0 |
| - | CENTENE CORP DEL | COM | 15135B101 | 15,662,360 | 1.48 | 244000.0 | |
| AXSM | REDUCED | AXSOME THERAPEUTICS INC. | COM | 05464T104 | 15,432,748 | 1.46 | 63050.0 |
| - | DANAHER CORPORATION | COM | 235851102 | 15,286,401 | 1.44 | 80252.0 | |
| - | VERTEX PHARMACEUTICALS INC | COM | 92532F100 | 15,242,160 | 1.44 | 30685.0 | |
| AVR | ADDED | ANTERIS TECHNOLOGIES GLOBAL | COM | 03675P102 | 15,155,456 | 1.43 | 1538625.0 |
| NBIX | REDUCED | NEUROCRINE BIOSCIENCES INC | COM | 64125C109 | 14,467,213 | 1.37 | 85841.0 |
| PNTG | ADDED | PENNANT GROUP INC | COM | 70805E109 | 13,725,853 | 1.3 | 371471.0 |
| ISRG | REDUCED | INTUITIVE SURGICAL INC | COM NEW | 46120E602 | 13,719,960 | 1.3 | 34500.0 |
| ELV | ADDED | ELEVANCE HEALTH INC | COM | 036752103 | 13,496,877 | 1.27 | 34900.0 |
| LIVN | ADDED | LIVANOVA PLC | SHS | G5509L101 | 13,485,720 | 1.27 | 164000.0 |
| COR | REDUCED | CENCORA INC | COM | 03073E105 | 13,237,238 | 1.25 | 46778.0 |
| - | CHARLES RIV LABS INTL INC | COM | 159864107 | 12,972,388 | 1.22 | 57200.0 | |
| IDYA | ADDED | IDEAYA Biosciences Inc | COM | 45166A102 | 12,813,426 | 1.21 | 343800.0 |
| MCK | REDUCED | MCKESSON CORP | COM | 58155Q103 | 12,505,180 | 1.18 | 16550.0 |
| SNDX | ADDED | SYNDAX PHARMACEUTICALS INC | COM | 87164F105 | 12,247,065 | 1.16 | 560250.0 |
| - | BRIGHTSPRING HEALTH SVCS INC | COM | 10950A106 | 11,569,587 | 1.09 | 165896.0 | |
| MDT | ADDED | MEDTRONIC PLC | SHS | G5960L103 | 11,343,350 | 1.07 | 145000.0 |
| MLYS | ADDED | MINERALYS THERAPEUTICS INC | COM | 603170101 | 11,233,690 | 1.06 | 416371.0 |
| OSCR | REDUCED | OSCAR HEALTH INC | CL A | 687793109 | 11,179,840 | 1.06 | 392000.0 |
| RPRX | REDUCED | ROYALTY PHARMA PLC | SHS CLASS A | G7709Q104 | 11,045,790 | 1.04 | 197000.0 |
| DXCM | NEW | DEXCOM INC | COM | 252131107 | 10,776,000 | 1.02 | 160000.0 |
| ALGN | ADDED | ALIGN TECHNOLOGY INC | COM | 016255101 | 10,625,580 | 1.0 | 63000.0 |
| SYRE | NEW | SPYRE THERAPEUTICS INC | COM NEW | 00773J202 | 10,591,454 | 1.0 | 119300.0 |
| RLAY | ADDED | RELAY THERAPEUTICS INC | COM | 75943R102 | 10,589,860 | 1.0 | 566000.0 |
| - | ARROWHEAD PHARMACEUTICALS IN | COM | 04280A100 | 10,433,280 | 0.98 | 128000.0 | |
| A | ADDED | AGILENT TECHNOLOGIES INC | COM | 00846U101 | 9,962,250 | 0.94 | 75000.0 |
| NKTR | ADDED | NEKTAR THERAPEUTICS | COM NEW | 640268306 | 9,860,662 | 0.93 | 141250.0 |
| ALKS | ADDED | ALKERMES PLC | SHS | G01767105 | 9,706,174 | 0.92 | 185250.0 |
| ABT | REDUCED | ABBOTT LABORATORIES | COM | 002824100 | 8,711,040 | 0.82 | 96000.0 |
| - | DIANTHUS THERAPEUTICS INC | COM | 252828108 | 8,395,660 | 0.79 | 86127.0 | |
| PRCT | REDUCED | PROCEPT BIOROBOTICS CORP | COM | 74276L105 | 7,790,100 | 0.74 | 345000.0 |
| GPCR | ADDED | STRUCTURE THERAPEUTICS INC | SPONSORED ADS | 86366E106 | 7,787,517 | 0.74 | 145100.0 |
| ORKA | NEW | ORUKA THERAPEUTICS INC | COM | 687604108 | 7,613,600 | 0.72 | 80000.0 |
| EHC | ADDED | ENCOMPASS HEALTH CORP | COM | 29261A100 | 7,506,504 | 0.71 | 74263.0 |
| MLTX | ADDED | MOONLAKE IMMUNOTHERAPEUTICS | CLASS A ORD | 61559X104 | 7,492,056 | 0.71 | 384800.0 |
| IOVA | REDUCED | IOVANCE BIOTHERAPEUTICS INC | COM | 462260100 | 7,094,160 | 0.67 | 1705327.0 |
| BBIO | ADDED | BRIDGEBIO PHARMA INC | COM | 10806X102 | 6,785,128 | 0.64 | 91100.0 |
| KURA | NEW | KURA ONCOLOGY INC | COM | 50127T109 | 6,488,755 | 0.61 | 591500.0 |
| PODD | ADDED | INSULET CORP | COM | 45784P101 | 6,394,500 | 0.6 | 42000.0 |
| ERAS | NEW | ERASCA INC | COM | 29479A108 | 6,393,680 | 0.6 | 349000.0 |
| KRYS | REDUCED | KRYSTAL BIOTECH INC | COM | 501147102 | 6,067,513 | 0.57 | 16325.0 |
| STVN | ADDED | STEVANATO GROUP S P A | ORD SRS | T9224W109 | 5,528,914 | 0.52 | 305972.0 |
| ASTH | NEW | ASTRANA HEALTH INC | COM NEW | 03763A207 | 5,517,592 | 0.52 | 118888.0 |
| CAH | REDUCED | CARDINAL HEALTH INC | COM | 14149Y108 | 5,345,100 | 0.5 | 22500.0 |
| ALNY | REDUCED | ALNYLAM PHARMACEUTICALS INC | COM | 02043Q107 | 5,177,716 | 0.49 | 17200.0 |
| MOH | NEW | MOLINA HEALTHCARE INC | COM | 60855R100 | 4,998,696 | 0.47 | 21857.0 |
| VKTX | REDUCED | VIKING THERAPEUTICS INC | COM | 92686J106 | 4,993,280 | 0.47 | 128000.0 |
| - | THE CIGNA GROUP | COM | 125523100 | 4,796,832 | 0.45 | 17400.0 | |
| IONS | REDUCED | IONIS PHARMACEUTICALS INC | COM | 462222100 | 4,749,471 | 0.45 | 59900.0 |
| - | AMN HEALTHCARE SVCS INC | COM | 001744101 | 4,676,364 | 0.44 | 144466.0 | |
| DNLI | REDUCED | DENALI THERAPEUTICS INC | COM | 24823R105 | 4,603,880 | 0.43 | 179000.0 |
| - | MEDPACE HLDGS INC | COM | 58506Q109 | 4,501,515 | 0.42 | 8500.0 | |
| MDGL | REDUCED | MADRIGAL PHARMACEUTICALS INC | COM | 558868105 | 4,322,447 | 0.41 | 8050.0 |
| AMGN | REDUCED | AMGEN INC | COM | 031162100 | 4,309,228 | 0.41 | 11900.0 |
| SION | ADDED | SIONNA THERAPEUTICS INC | COM | 829401108 | 4,271,429 | 0.4 | 97100.0 |
| ASND | UNCHANGED | ASCENDIS PHARMA A/S | ORD SHS | K08588103 | 4,000,800 | 0.38 | 15000.0 |
| - | COOPER COS INC | COM | 216648501 | 3,872,340 | 0.37 | 54000.0 | |
| - | WAYSTAR HLDG CORP | COM | 946784105 | 3,665,960 | 0.35 | 178566.0 | |
| MBX | NEW | MBX BIOSCIENCES INC | COM | 55287L101 | 3,422,400 | 0.32 | 62000.0 |
| VCEL | UNCHANGED | VERICEL CORP | COM | 92346J108 | 3,114,300 | 0.29 | 70000.0 |
| - | VEEVA SYS INC | CL A COM | 922475108 | 3,070,231 | 0.29 | 17300.0 | |
| BCAX | NEW | BICARA THERAPEUTICS INC | COM | 055477103 | 2,617,173 | 0.25 | 88150.0 |
| STE | UNCHANGED | STERIS PLC | SHS USD | G8473T100 | 2,421,555 | 0.23 | 11500.0 |
| OCUL | REDUCED | OCULAR THERAPEUTIX INC | COM | 67576A100 | 2,209,500 | 0.21 | 225000.0 |
| STOK | REDUCED | STOKE THERAPEUTICS INC | COM | 86150R107 | 2,110,440 | 0.2 | 64500.0 |
| XENE | ADDED | XENON PHARMACEUTICALS INC | COM | 98420N105 | 2,006,970 | 0.19 | 33250.0 |
| DOCS | REDUCED | DOXIMITY INC | CL A | 26622P107 | 1,578,459 | 0.15 | 76107.0 |
| PRVA | NEW | PRIVIA HEALTH GROUP INC | COM | 74276R102 | 1,286,500 | 0.12 | 50000.0 |
| NVCR | UNCHANGED | NOVOCURE LTD | ORD SHS | G6674U108 | 1,060,500 | 0.1 | 70000.0 |
| MMED | NEW | MINIMED GROUP INC | COM | 60365F109 | 822,250 | 0.08 | 55000.0 |
| - | ALPHATEC HLDGS INC | COM NEW | 02081G201 | 735,250 | 0.07 | 85000.0 | |
| AGL | NEW | AGILON HEALTH INC | COM NEW | 00857U206 | 535,900 | 0.05 | 5000.0 |
| TXG | NEW | 10X GENOMICS INC | CL A COM | 88025U109 | 325,890 | 0.03 | 8500.0 |
| TNDM | NEW | TANDEM DIABETES CARE INC | COM NEW | 875372203 | 301,800 | 0.03 | 20000.0 |
| TGTX | NEW | TG THERAPEUTICS INC | COM | 88322Q108 | 274,700 | 0.03 | 5000.0 |
Quarterly portfolios
| Period | Filed | Value ($) | Positions | Vol % | Beta | Max DD % |
|---|---|---|---|---|---|---|
| 2026-06-30 | 2026-08-13 | 1,059,428,235 | 99 | 10.571234 | 0.399519 | 14.933953 |
| 2026-03-31 | 2026-05-14 | 810,489,964 | 86 | 11.423002 | 0.437316 | 16.118184 |
| 2025-12-31 | 2026-02-13 | 1,069,994,013 | 94 | 11.005004 | 0.424458 | 15.364852 |
| 2025-09-30 | 2025-11-13 | 903,668,707 | 92 | 10.829187 | 0.41306 | 16.882532 |
| 2025-03-31 | 2025-05-14 | 869,997,756 | 94 | 11.276527 | 0.435537 | 18.043405 |
| 2024-12-31 | 2025-02-13 | 972,945,612 | 92 | 10.402728 | 0.40342 | 16.472507 |