13F

Investor

NEXTBio Capital Management LP

CIK 0002038158 · filed 2026-05-14 · SEC filing

13F book

$215.4M

Positions

24

1 new · 0 sold

Largest name

14.8%

Terns Pharmaceuticals Inc

Est. mark

$24.8M

Price effect on 23 names still held. Flow $20.1M.
NameTickerSharesValueWeightEst. markChange
Terns Pharmaceuticals Inc604.5K$31.9M14.8%$6.79MAdded$9.6M
Protagonist Therapeutics, IncPTGX229.6K$24.2M11.2%$4.15MHeld
Shattuck Labs, Inc.STTK3.15M$20.3M9.4%$8.76MHeld
Vor Biopharma Inc.VOR1000K$17.8M8.3%$4.76MHeld
Compass Pathways PlcCMPS2.02M$11.2M5.2%−$1.03MAdded$5.99M
Rhythm Pharmaceuticals, Inc.RYTM126.1K$11M5.1%−$1.36MAdded$3.73M
Xenon Pharmaceuticals Inc.XENE183.2K$10.7M4.9%$2.44MCut$2.42M
Palvella Therapeutics Inc Ne82.7K$10.3M4.8%$1.65MHeld
Zenas BioPharma, Inc.ZBIO426.7K$8.34M3.9%−$5.4MAdded−$3.35M
Inventiva Sa1.33M$7.4M3.4%$1.17MAdded$1.36M
Verastem, Inc.VSTM1.31M$6.93M3.2%−$3.16MCut−$3.17M
Crescent Biopharma, Inc.CBIO372.9K$6.85M3.2%$2.43MHeld
Oric Pharmaceuticals, Inc.ORIC523.6K$6.63M3.1%$2.35MCut$1.6M
Structure Therapeutics Inc.GPCR133.2K$6.42M3.0%−$2.02MAdded−$146.4K
Vaxcyte, Inc.PCVX95.2K$5.53M2.6%$1.14MCut$1.13M
Cogent Biosciences, Inc.COGT131.2K$5.05M2.3%$284.6KAdded$1.65M
Compass Therapeutics, Inc.CMPX848.2K$4.49M2.1%−$67.9KCut−$1.5M
Evommune, Inc.EVMN184.1K$4.23M2.0%$1.08MCut$323.4K
Oculis Holding Ag149.6K$3.98M1.8%$990.3KCut$987.1K
Zai Lab LtdZLAB183.4K$3.45M1.6%$191.1KAdded$567.3K
Disc Medicine, Inc.IRON52.7K$3.37M1.6%−$661.8KAdded−$30.2K
Kalvista Pharmaceuticals Inc131.8K$2.65M1.2%$524.5KHeld
Summit Therapeutics Inc.SMMT89.7K$1.7M0.8%New
Adicet Bio, Inc.ACET157.8K$1.07M0.5%−$254.1KHeld

Positions as of Q1 2026. 13F filings arrive up to 45 days after quarter-end and omit shorts. Values are quarter-end marks, as filed. Estimated mark is the price effect on shares still held — not realized P&L or investment advice.