TANG CAPITAL MANAGEMENT LLC

Q1 2026 13F-HR Holdings

Location
San Diego, CA
Holdings as of
3/31/2026
Date filed
5/15/2026
Form type
13F-HR
Num holdings
51
Total value ($000)
$1,968,963
Net value change ($000)
-55,398 (-2.7%)
New positions
4
Sold out positions
28
Turnover %
17.8%
Sector allocation + QoQ delta (equities-only)

Holdings aggregated across other managers listed in the original SEC filing. View detailed breakdown

Prev filing: 2/17/2026 Next filing: — SEC filing

Snapshot: Change Analysis

Compared to Q4 2025
Methodology: sector metrics are equities-only; instrument mix chart is ex-options; options exposure is shown separately. Why this matters.
Top Adds (Value $000, Stocks/ETFs)
SPY 88,799 434.1%
CORT 55,010 1008.4%
CAPR 54,295 110.7%
SYRE 33,455 54.0%
INSM 32,073 307.2%
CMPS 22,132 NEW
KALV 18,202 24.6%
MIRM 16,550 17.0%
ANIP 16,402 43.2%
KNSA 15,594 16.7%
Top Reduces (Value $000, Stocks/ETFs)
RNAM -64,917 -100.0%
VRTX -36,269 -100.0%
TVTX -26,747 -100.0%
VTYX -25,410 -100.0%
NVDA -23,832 -100.0%
NUVB -21,051 -60.9%
VRDN -20,723 -37.1%
META -15,401 -100.0%
MRNA -15,351 -75.1%
GSK -14,712 -100.0%
Instrument mix + QoQ Δ (ex-options)
How this table is calculated: SEC VALUE ($000) is used as reported. For derivatives (PUT/CALL/WARRANT/RIGHT), SEC value represents reported underlying exposure, not premium cash paid/received. Column % is bucket-based: non-options share is calculated inside non-option total, options share is calculated inside options total. Details.
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Instrument:
Issuer Name Ticker Sector Industry Class History Value ($000) % Shares Shares Δ Shares Δ% Value Δ ($000) Value Δ% Principal Option Type