Krensavage Asset Management, LLC

Q3 2025 13F-HR Holdings

Location
New York, NY
Holdings as of
9/30/2025
Date filed
11/17/2025
Form type
13F-HR
Num holdings
17
Total value ($000)
$234,698
Net value change ($000)
+45,763 (24.2%)
New positions
3
Sold out positions
1
Turnover %
12.8%
Sector allocation + QoQ delta (equities-only)
Prev filing: 8/15/2025 Next filing: 2/18/2026 SEC filing

Snapshot: Change Analysis

Compared to Q2 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)
BMRN 21,959 NEW
UTHR 11,870 40.8%
ENTA 9,325 58.3%
SNY 8,094 112.5%
AVDL 6,110 72.0%
JAZZ 4,628 26.5%
SUPN 2,482 16.7%
BIIB 1,401 NEW
GSK 1,294 12.4%
VNDA 1,053 21.8%
Top Reduces (Value $000, Stocks/ETFs)
CAH -10,894 -48.5%
INDV -6,178 -43.0%
JNJ -6,110 -100.0%
EXEL -337 -1.5%
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.
Filter:
Instrument:
Issuer Name Ticker Sector Industry Class History Value ($000) % Shares Shares Δ Shares Δ% Value Δ ($000) Value Δ% Principal Option Type