First Light Asset Management, LLC
CIK 0001600004
Annualised vol
10.003855%
Beta
0.095616
HHI
515.970737
Top-10 weight
60.740588%
VaR 95%
0.809309%
VaR 99%
1.955631%
Max drawdown
13.818562%
Matched value
84.131126%
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 ($) |
|---|---|---|---|---|---|
| NEO | ADDED | 12,279,523 | 9,729,978 | 26.2% | 179,158,241 |
| SIBN | ADDED | 8,127,985 | 5,353,190 | 51.83% | 132,648,715 |
| AXGN | REDUCED | 2,748,361 | 4,002,768 | -31.34% | 126,946,795 |
| PVLA | REDUCED | 771,901 | 980,758 | -21.3% | 117,961,911 |
| TWST | REDUCED | 727,933 | 878,848 | -17.17% | 74,889,747 |
| ELVN | ADDED | 1,360,750 | 201,867 | 574.08% | 69,058,063 |
| GH | ADDED | 441,586 | 280,299 | 57.54% | 66,251,148 |
| MASS | ADDED | 6,282,804 | 6,072,563 | 3.46% | 54,660,395 |
| AMLX | REDUCED | 3,023,256 | 3,190,645 | -5.25% | 54,297,678 |
| WGS | ADDED | 783,923 | 242,927 | 222.7% | 53,816,314 |
| SLP | ADDED | 2,792,677 | 2,632,823 | 6.07% | 51,133,916 |
| TNDM | ADDED | 3,383,553 | 1,314,715 | 157.36% | 51,057,815 |
| NPCE | ADDED | 2,861,167 | 2,459,966 | 16.31% | 45,463,944 |
| EWTX | ADDED | 1,095,171 | 1,001,846 | 9.32% | 44,496,798 |
| TRVI | NEW | 2,097,215 | - | - | 39,113,060 |
| SEPN | ADDED | 963,260 | 732,860 | 31.44% | 32,259,577 |
| TLSI | ADDED | 6,552,491 | 5,066,827 | 29.32% | 29,813,834 |
| HCAT | REDUCED | 12,810,861 | 12,878,700 | -0.53% | 25,493,613 |
| BFLY | REDUCED | 2,642,404 | 2,660,167 | -0.67% | 22,249,042 |
| ESTA | REDUCED | 246,577 | 307,738 | -19.87% | 21,158,772 |
| PCVX | ADDED | 345,157 | 141,784 | 143.44% | 20,063,976 |
| OMCL | REDUCED | 452,324 | 489,846 | -7.66% | 18,780,492 |
| ATRC | REDUCED | 567,838 | 729,521 | -22.16% | 15,888,107 |
| KRMD | REDUCED | 3,387,902 | 3,768,380 | -10.1% | 14,229,188 |
| TCMD | NEW | 462,562 | - | - | 13,775,096 |
| RYTM | REDUCED | 85,765 | 87,181 | -1.62% | 9,522,488 |
| ORGO | CLOSED OUT | 0 | 3,498,533 | -100.0% | 0 |
| MDXG | CLOSED OUT | 0 | 2,842,892 | -100.0% | 0 |
| WVE | CLOSED OUT | 0 | 1,843,968 | -100.0% | 0 |
| SGP | CLOSED OUT | 0 | 375,000 | -100.0% | 0 |
| VERA | CLOSED OUT | 0 | 313,906 | -100.0% | 0 |
Holdings (latest quarter)
| Ticker | Change | Issuer | Class | CUSIP | Value ($) | Weight % | Shares |
|---|---|---|---|---|---|---|---|
| NEO | ADDED | NEOGENOMICS INC | Common Stocks | 64049M209 | 179,158,241 | 10.89 | 1.2279523E7 |
| SIBN | ADDED | SI-BONE INC | Common Stocks | 825704109 | 132,648,715 | 8.06 | 8127985.0 |
| AXGN | REDUCED | AXOGEN INC | Common Stocks | 05463X106 | 126,946,795 | 7.72 | 2748361.0 |
| - | APOGEE THERAPEUTICS INC | Common Stocks | 03770N101 | 123,477,259 | 7.5 | 930289.0 | |
| PVLA | REDUCED | PALVELLA THERAPEUTICS INC | Common Stocks | 697947109 | 117,961,911 | 7.17 | 771901.0 |
| TWST | REDUCED | TWIST BIOSCIENCE CORPORATION | Common Stocks | 90184D100 | 74,889,747 | 4.55 | 727933.0 |
| ELVN | ADDED | ENLIVEN THERAPEUTICS INC | Common Stocks | 29337E102 | 69,058,063 | 4.2 | 1360750.0 |
| GH | ADDED | GUARDANT HEALTH | Common Stocks | 40131M109 | 66,251,148 | 4.03 | 441586.0 |
| MASS | ADDED | 908 DEVICES INC | Common Stocks | 65443P102 | 54,660,395 | 3.32 | 6282804.0 |
| AMLX | REDUCED | AMYLYX PHARMACEUTICALS INC | Common Stocks | 03237H101 | 54,297,678 | 3.3 | 3023256.0 |
| WGS | ADDED | GENEDX HOLDINGS CORP | Common Stocks | 81663L200 | 53,816,314 | 3.27 | 783923.0 |
| SLP | ADDED | SIMULATIONS PLUS INC | Common Stocks | 829214105 | 51,133,916 | 3.11 | 2792677.0 |
| TNDM | ADDED | TANDEM DIABETES CARE INC | Common Stocks | 875372203 | 51,057,815 | 3.1 | 3383553.0 |
| - | CRINETICS PHARMACEUTICALS INC | Common Stocks | 22663K107 | 50,923,606 | 3.1 | 1360866.0 | |
| NPCE | ADDED | NEUROPACE INC | Common Stocks | 641288105 | 45,463,944 | 2.76 | 2861167.0 |
| EWTX | ADDED | EDGEWISE THERAPEUTICS INC | Common Stocks | 28036F105 | 44,496,798 | 2.7 | 1095171.0 |
| - | ANAPTYS BIO INC | Common Stocks | 032724106 | 39,285,270 | 2.39 | 582004.0 | |
| TRVI | NEW | TREVI THERAPEUTICS INC | Common Stocks | 89532M101 | 39,113,060 | 2.38 | 2097215.0 |
| SEPN | ADDED | SEPTERNA INC | Common Stocks | 81734D104 | 32,259,577 | 1.96 | 963260.0 |
| TLSI | ADDED | TRISALUS LIFE SCIENCES INC | Common Stocks | 89680M101 | 29,813,834 | 1.81 | 6552491.0 |
| - | TECTONIC THERAPEUTICS INC | Common Stocks | 878972108 | 27,524,958 | 1.67 | 800726.0 | |
| HCAT | REDUCED | HEALTH CATALYST INC | Common Stocks | 42225T107 | 25,493,613 | 1.55 | 1.2810861E7 |
| BFLY | REDUCED | BUTTERFLY NETWORK INC | Common Stocks | 124155102 | 22,249,042 | 1.35 | 2642404.0 |
| ESTA | REDUCED | ESTABLISHMENT LABS HOLDINGS | Common Stocks | G31249108 | 21,158,772 | 1.29 | 246577.0 |
| PCVX | ADDED | VAXCYTE INC | Common Stocks | 92243G108 | 20,063,976 | 1.22 | 345157.0 |
| - | IRHYTHM TECHNOLOGIES | Common Stocks | 450056106 | 19,875,593 | 1.21 | 167092.0 | |
| OMCL | REDUCED | OMNICELL INC | Common Stocks | 68213N109 | 18,780,492 | 1.14 | 452324.0 |
| ATRC | REDUCED | ATRICURE INC | Common Stocks | 04963C209 | 15,888,107 | 0.97 | 567838.0 |
| KRMD | REDUCED | KORU MEDICAL SYSTEMS INC | Common Stocks | 759910102 | 14,229,188 | 0.86 | 3387902.0 |
| TCMD | NEW | TACTILE SYSTEMS TECHNOLOGY INC | Common Stocks | 87357P100 | 13,775,096 | 0.84 | 462562.0 |
| RYTM | REDUCED | RHYTHM PHARMACEUTICALS INC | Common Stocks | 76243J105 | 9,522,488 | 0.58 | 85765.0 |
Quarterly portfolios
| Period | Filed | Value ($) | Positions | Vol % | Beta | Max DD % |
|---|---|---|---|---|---|---|
| 2026-06-30 | 2026-08-14 | 1,645,275,411 | 31 | 10.003855 | 0.095616 | 13.818562 |
| 2026-03-31 | 2026-05-15 | 1,115,876,336 | 35 | 9.790434 | 0.085996 | 15.80198 |
| 2025-12-31 | 2026-02-17 | 1,307,967,511 | 33 | 10.035542 | 0.094897 | 19.430864 |
| 2025-09-30 | 2025-11-14 | 1,060,803,200 | 41 | 7.95812 | 0.091589 | 16.159574 |
| 2025-03-31 | 2025-05-15 | 875,711,490 | 37 | 9.330152 | 0.108778 | 17.682567 |
| 2024-12-31 | 2025-02-14 | 1,045,162,147 | 36 | 9.034647 | 0.186304 | 18.124913 |