{"entity_type":"fund","name":"iShares Biotechnology ETF","identifiers":{"lei":"549300S7IVD88MPK0066","cik":"1100663","fund_id":"S000004350","fundkey":"ishares-biotechnology-etf"},"dates":{"reporting_period_start":"2025-12-31","reporting_period_end":"2026-03-31","filing_date":"2026-02-25"},"summary":{"total_positions":303,"total_value_usd":8994016885.46,"asset_categories":["DE","STIV","EC"],"by_asset_category":{"EC":{"positions":292,"total_value_usd":8984187558.07},"Unknown":{"positions":8,"total_value_usd":392496.63},"STIV":{"positions":2,"total_value_usd":9410051.78},"DE":{"positions":1,"total_value_usd":26778.98}}},"holdings":[{"issuer_name":"Vertex Pharmaceuticals, Inc.","title":"Vertex Pharmaceuticals, Inc.","isin":"US92532F1003","value_usd":721570496.16,"pct_val":8.653559931342,"balance":1591606,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Gilead Sciences, Inc.","title":"Gilead Sciences, Inc.","isin":"US3755581036","value_usd":673135126.64,"pct_val":8.072690321001,"balance":5484236,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Amgen, Inc.","title":"Amgen, Inc.","isin":"US0311621009","value_usd":653877333.61,"pct_val":7.841737881818,"balance":1997731,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Regeneron Pharmaceuticals, Inc.","title":"Regeneron Pharmaceuticals, Inc.","isin":"US75886F1075","value_usd":575746323.57,"pct_val":6.904738127151,"balance":745911,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Alnylam Pharmaceuticals, Inc.","title":"Alnylam Pharmaceuticals, Inc.","isin":"US02043Q1076","value_usd":380362166.25,"pct_val":4.561559568713,"balance":956525,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Insmed, Inc.","title":"Insmed, Inc.","isin":"US4576693075","value_usd":269807772.52,"pct_val":3.235716734357,"balance":1550263,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Argenx SE","title":"Argenx SE","isin":"US04016X1019","value_usd":250897432.5,"pct_val":3.008931185952,"balance":298350,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"NL","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Natera, Inc.","title":"Natera, Inc.","isin":"US6323071042","value_usd":221794858.04,"pct_val":2.65991348971,"balance":968156,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Biogen, Inc.","title":"Biogen, Inc.","isin":"US09062X1037","value_usd":189989300.54,"pct_val":2.278479798281,"balance":1079546,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"IQVIA Holdings, Inc.","title":"IQVIA Holdings, Inc.","isin":"US46266C1053","value_usd":188731221.84,"pct_val":3.176875403697,"balance":993636,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"BeOne Medicines Ltd.","title":"BeOne Medicines Ltd.","isin":"US07725L1026","value_usd":161928299.52,"pct_val":1.941953353045,"balance":532992,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"CH","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"United Therapeutics Corp.","title":"United Therapeutics Corp.","isin":"US91307C1027","value_usd":149185717.75,"pct_val":1.789135720376,"balance":306179,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Mettler-Toledo International, Inc.","title":"Mettler-Toledo International, Inc.","isin":"US5926881054","value_usd":148047310.78,"pct_val":2.492051159396,"balance":120598,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Illumina, Inc.","title":"Illumina, Inc.","isin":"US4523271090","value_usd":143589770.88,"pct_val":1.72202535227,"balance":1094768,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Incyte Corp.","title":"Incyte Corp.","isin":"US45337C1027","value_usd":141384415.27,"pct_val":1.695577240765,"balance":1431451,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Genmab A/S","title":"Genmab A/S","isin":"US3723032062","value_usd":111635123.6,"pct_val":1.338803675671,"balance":3624517,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"DK","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Waters Corp.","title":"Waters Corp.","isin":"US9418481035","value_usd":105001257.06,"pct_val":1.76746543396,"balance":350226,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Neurocrine Biosciences, Inc.","title":"Neurocrine Biosciences, Inc.","isin":"US64125C1099","value_usd":101492697.02,"pct_val":1.217168857277,"balance":715594,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Revolution Medicines, Inc.","title":"Revolution Medicines, Inc.","isin":"US76155X1000","value_usd":97054401.15,"pct_val":1.163941820545,"balance":1218511,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Medpace Holdings, Inc.","title":"Medpace Holdings, Inc.","isin":"US58506Q1094","value_usd":93556287.1,"pct_val":1.121990078145,"balance":166574,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Bridgebio Pharma, Inc.","title":"Bridgebio Pharma, Inc.","isin":"US10806X1028","value_usd":92775485.9,"pct_val":1.112626183675,"balance":1212910,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Ionis Pharmaceuticals, Inc.","title":"Ionis Pharmaceuticals, Inc.","isin":"US4622221004","value_usd":92631876.75,"pct_val":1.110903925915,"balance":1170925,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Madrigal Pharmaceuticals, Inc.","title":"Madrigal Pharmaceuticals, Inc.","isin":"US5588681057","value_usd":88544214.66,"pct_val":1.061881925898,"balance":152049,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Exelixis, Inc.","title":"Exelixis, Inc.","isin":"US30161Q1040","value_usd":83891584.26,"pct_val":1.00608444496,"balance":1914022,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"BioMarin Pharmaceutical, Inc.","title":"BioMarin Pharmaceutical, Inc.","isin":"US09061G1013","value_usd":82928978.58,"pct_val":0.994540228579,"balance":1395406,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Moderna, Inc.","title":"Moderna, Inc.","isin":"US60770K1079","value_usd":75343263.75,"pct_val":0.903567221433,"balance":2554875,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Avidity Biosciences, Inc.","title":"Avidity Biosciences, Inc.","isin":"US05370A1088","value_usd":73430071.12,"pct_val":0.880622925384,"balance":1018024,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Ascendis Pharma A/S","title":"Ascendis Pharma A/S","isin":"US04351P1012","value_usd":72804187.56,"pct_val":0.873116907711,"balance":341419,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"DK","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Charles River Laboratories International, Inc.","title":"Charles River Laboratories International, Inc.","isin":"US1598641074","value_usd":71513380.52,"pct_val":0.857636679321,"balance":358499,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Roivant Sciences Ltd.","title":"Roivant Sciences Ltd.","isin":"BMG762791017","value_usd":69205813.6,"pct_val":0.829962780867,"balance":3189208,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"BM","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Bio-Techne Corp.","title":"Bio-Techne Corp.","isin":"US09073M1045","value_usd":66717474.98,"pct_val":0.800120946296,"balance":1134458,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Repligen Corp.","title":"Repligen Corp.","isin":"US7599161095","value_usd":64260812.34,"pct_val":0.770658991436,"balance":392169,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Arrowhead Pharmaceuticals, Inc.","title":"Arrowhead Pharmaceuticals, Inc.","isin":"US04280A1007","value_usd":61633754.01,"pct_val":0.739153536567,"balance":928359,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Halozyme Therapeutics, Inc.","title":"Halozyme Therapeutics, Inc.","isin":"US40637H1095","value_usd":57642584.6,"pct_val":0.691288741832,"balance":856502,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Cytokinetics, Inc.","title":"Cytokinetics, Inc.","isin":"US23282W6057","value_usd":56191916.7,"pct_val":0.673891354217,"balance":884355,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Axsome Therapeutics, Inc.","title":"Axsome Therapeutics, Inc.","isin":"US05464T1043","value_usd":55675429.68,"pct_val":0.667697293615,"balance":304837,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Abivax SA","title":"Abivax SA","isin":"US00370M1036","value_usd":52448211.17,"pct_val":0.628994313191,"balance":388923,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"FR","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Praxis Precision Medicines, Inc.","title":"Praxis Precision Medicines, Inc.","isin":"US74006W2070","value_usd":51002988.56,"pct_val":0.611662229165,"balance":173044,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Blueprint Medicines Corp.","title":"Blueprint Medicines Corp.","isin":"US09627Y1091","value_usd":49406981,"pct_val":0.93612635652,"balance":385450,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Rhythm Pharmaceuticals, Inc.","title":"Rhythm Pharmaceuticals, Inc.","isin":"US76243J1051","value_usd":49153945.44,"pct_val":0.589487257295,"balance":459211,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"BioNTech SE","title":"BioNTech SE","isin":"US09075V1026","value_usd":48237459.2,"pct_val":0.578496136336,"balance":506696,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"DE","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Krystal Biotech, Inc.","title":"Krystal Biotech, Inc.","isin":"US5011471027","value_usd":45241322.7,"pct_val":0.54256444719,"balance":183505,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Tempus AI, Inc.","title":"Tempus AI, Inc.","isin":"US88023B1035","value_usd":44264116.2,"pct_val":0.53084512793,"balance":749604,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"PTC Therapeutics, Inc.","title":"PTC Therapeutics, Inc.","isin":"US69366J2006","value_usd":43167916.08,"pct_val":0.517698756943,"balance":568298,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Vaxcyte, Inc.","title":"Vaxcyte, Inc.","isin":"US92243G1085","value_usd":43126504.32,"pct_val":0.517202119194,"balance":934688,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Protagonist Therapeutics, Inc.","title":"Protagonist Therapeutics, Inc.","isin":"US74366E1029","value_usd":38074999.6,"pct_val":0.456621068458,"balance":435940,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Merus NV","title":"Merus NV","isin":"NL0011606264","value_usd":37855361.25,"pct_val":0.637211823675,"balance":402075,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"NL","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Bruker Corp.","title":"Bruker Corp.","isin":"US1167941087","value_usd":35791304.29,"pct_val":0.429233454447,"balance":759739,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Nuvalent, Inc.","title":"Nuvalent, Inc., Class A","isin":"US6707031075","value_usd":35530399.8,"pct_val":0.42610451188,"balance":353220,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"CRISPR Therapeutics AG","title":"CRISPR Therapeutics AG","isin":"CH0334081137","value_usd":35339316,"pct_val":0.423812906107,"balance":673900,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"CH","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Verona Pharma plc","title":"Verona Pharma plc","isin":"US9250501064","value_usd":34866958.95,"pct_val":0.586908637638,"balance":326745,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"GB","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Kymera Therapeutics, Inc.","title":"Kymera Therapeutics, Inc.","isin":"US5015751044","value_usd":34205042.57,"pct_val":0.410209934315,"balance":439597,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Alkermes plc","title":"Alkermes plc","isin":"IE00B56GVS15","value_usd":33245612.16,"pct_val":0.398703797912,"balance":1188192,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"IE","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"ACADIA Pharmaceuticals, Inc.","title":"ACADIA Pharmaceuticals, Inc.","isin":"US0042251084","value_usd":32880784.59,"pct_val":0.394328539696,"balance":1231029,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Cogent Biosciences, Inc.","title":"Cogent Biosciences, Inc.","isin":"US19240Q2012","value_usd":32210637.12,"pct_val":0.386291679368,"balance":906831,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Amicus Therapeutics, Inc.","title":"Amicus Therapeutics, Inc.","isin":"US03152W1099","value_usd":31664420,"pct_val":0.379741075361,"balance":2223625,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"ADMA Biologics, Inc.","title":"ADMA Biologics, Inc.","isin":"US0008991046","value_usd":30864451.2,"pct_val":0.370147310108,"balance":1692130,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Crinetics Pharmaceuticals, Inc.","title":"Crinetics Pharmaceuticals, Inc.","isin":"US22663K1079","value_usd":30208855.25,"pct_val":0.362284961419,"balance":648955,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Apogee Therapeutics, Inc.","title":"Apogee Therapeutics, Inc.","isin":"US03770N1019","value_usd":26454532.32,"pct_val":0.317260589374,"balance":350484,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Scholar Rock Holding Corp.","title":"Scholar Rock Holding Corp.","isin":"US80706P1030","value_usd":25665071.75,"pct_val":0.3077928459,"balance":582635,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Travere Therapeutics, Inc.","title":"Travere Therapeutics, Inc.","isin":"US89422G1076","value_usd":24736466.22,"pct_val":0.296656382243,"balance":647382,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Xenon Pharmaceuticals, Inc.","title":"Xenon Pharmaceuticals, Inc.","isin":"CA98420N1050","value_usd":24631234.38,"pct_val":0.295394371062,"balance":549559,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"CA","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Mirum Pharmaceuticals, Inc.","title":"Mirum Pharmaceuticals, Inc.","isin":"US6047491013","value_usd":24417230.82,"pct_val":0.292827896072,"balance":309118,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Veracyte, Inc.","title":"Veracyte, Inc.","isin":"US92337F1075","value_usd":23925556.3,"pct_val":0.286931403701,"balance":568303,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Tarsus Pharmaceuticals, Inc.","title":"Tarsus Pharmaceuticals, Inc.","isin":"US87650L1035","value_usd":23541400.68,"pct_val":0.282324350477,"balance":287511,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Structure Therapeutics, Inc.","title":"Structure Therapeutics, Inc.","isin":"US86366E1064","value_usd":23298484.95,"pct_val":0.279411141249,"balance":334989,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"KY","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Arcutis Biotherapeutics, Inc.","title":"Arcutis Biotherapeutics, Inc.","isin":"US03969K1088","value_usd":23061796.56,"pct_val":0.276572614482,"balance":794139,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Caris Life Sciences, Inc.","title":"Caris Life Sciences, Inc.","isin":"US1421521071","value_usd":22878203.62,"pct_val":0.274370844152,"balance":847969,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Terns Pharmaceuticals, Inc.","title":"Terns Pharmaceuticals, Inc.","isin":"US8808811074","value_usd":22569985.2,"pct_val":0.270674481034,"balance":558663,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Legend Biotech Corp.","title":"Legend Biotech Corp.","isin":"US52490G1022","value_usd":22198931.4,"pct_val":0.26622455367,"balance":1021110,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"KY","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"SpringWorks Therapeutics, Inc.","title":"SpringWorks Therapeutics, Inc.","isin":"US85205L1070","value_usd":21415551.53,"pct_val":0.405765780885,"balance":455747,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Ideaya Biosciences, Inc.","title":"Ideaya Biosciences, Inc.","isin":"US45166A1025","value_usd":21374319.87,"pct_val":0.256335256182,"balance":618291,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"GRAIL, Inc.","title":"GRAIL, Inc.","isin":"US3847471014","value_usd":21173168.61,"pct_val":0.253922914639,"balance":247379,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Arcellx, Inc.","title":"Arcellx, Inc.","isin":"US03940C1009","value_usd":20804342,"pct_val":0.249499697239,"balance":319085,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Akero Therapeutics, Inc.","title":"Akero Therapeutics, Inc.","isin":"US00973Y1082","value_usd":19783396.64,"pct_val":0.333010010609,"balance":416668,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Newamsterdam Pharma Co. NV","title":"Newamsterdam Pharma Co. NV","isin":"NL00150012L7","value_usd":19542576.88,"pct_val":0.234367759136,"balance":557086,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"NL","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Apellis Pharmaceuticals, Inc.","title":"Apellis Pharmaceuticals, Inc.","isin":"US03753U1060","value_usd":19233228.48,"pct_val":0.230657844535,"balance":765654,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Beam Therapeutics, Inc.","title":"Beam Therapeutics, Inc.","isin":"US07373V1052","value_usd":18726606.36,"pct_val":0.224582090467,"balance":675563,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Vera Therapeutics, Inc.","title":"Vera Therapeutics, Inc., Class A","isin":"US92337R1014","value_usd":18176873.52,"pct_val":0.217989323575,"balance":358943,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Adaptive Biotechnologies Corp.","title":"Adaptive Biotechnologies Corp.","isin":"US00650F1093","value_usd":17554822.88,"pct_val":0.210529272863,"balance":1080962,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"WaVe Life Sciences Ltd.","title":"WaVe Life Sciences Ltd.","isin":"SG9999014716","value_usd":16932051,"pct_val":0.203060572555,"balance":996003,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"SG","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Spyre Therapeutics, Inc.","title":"Spyre Therapeutics, Inc.","isin":"US00773J2024","value_usd":16314971.4,"pct_val":0.195660137906,"balance":498015,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Denali Therapeutics, Inc.","title":"Denali Therapeutics, Inc.","isin":"US24823R1059","value_usd":15894391.63,"pct_val":0.190616261715,"balance":962713,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Nuvation Bio, Inc.","title":"Nuvation Bio, Inc., Class A","isin":"US67080N1019","value_usd":15816702.72,"pct_val":0.189684563922,"balance":1765257,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Disc Medicine, Inc.","title":"Disc Medicine, Inc.","isin":"US2546041011","value_usd":15704836.29,"pct_val":0.188342986264,"balance":197769,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Sarepta Therapeutics, Inc.","title":"Sarepta Therapeutics, Inc.","isin":"US8036071004","value_usd":15681408.8,"pct_val":0.188062028008,"balance":728690,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Ultragenyx Pharmaceutical, Inc.","title":"Ultragenyx Pharmaceutical, Inc.","isin":"US90400D1081","value_usd":15235062,"pct_val":0.182709136219,"balance":662394,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Dyne Therapeutics, Inc.","title":"Dyne Therapeutics, Inc.","isin":"US26818M1080","value_usd":15117082.92,"pct_val":0.18129425154,"balance":772857,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Mineralys Therapeutics, Inc.","title":"Mineralys Therapeutics, Inc.","isin":"US6031701013","value_usd":15095224.69,"pct_val":0.181032112908,"balance":415961,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"CG oncology, Inc.","title":"CG oncology, Inc.","isin":"US1569441009","value_usd":14991626.4,"pct_val":0.17978969236,"balance":361070,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Zymeworks, Inc.","title":"Zymeworks, Inc.","isin":"US98985Y1082","value_usd":14167198.79,"pct_val":0.169902600564,"balance":538063,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Edgewise Therapeutics, Inc.","title":"Edgewise Therapeutics, Inc.","isin":"US28036F1057","value_usd":13974567.25,"pct_val":0.167592433249,"balance":563150,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Nurix Therapeutics, Inc.","title":"Nurix Therapeutics, Inc.","isin":"US67080M1036","value_usd":13972694.96,"pct_val":0.167569979485,"balance":736568,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Immunovant, Inc.","title":"Immunovant, Inc.","isin":"US45258J1025","value_usd":13908629.26,"pct_val":0.166801660412,"balance":547153,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Aurinia Pharmaceuticals, Inc.","title":"Aurinia Pharmaceuticals, Inc.","isin":"CA05156V1022","value_usd":13887314.1,"pct_val":0.166546034641,"balance":870678,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"CA","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Twist Bioscience Corp.","title":"Twist Bioscience Corp.","isin":"US90184D1000","value_usd":13558238.2,"pct_val":0.162599534558,"balance":427435,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"10X Genomics, Inc.","title":"10X Genomics, Inc., Class A","isin":"US88025U1097","value_usd":13476610.49,"pct_val":0.16162060002,"balance":826279,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Vericel Corp.","title":"Vericel Corp.","isin":"US92346J1088","value_usd":13293199.53,"pct_val":0.159421012117,"balance":369153,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Summit Therapeutics, Inc.","title":"Summit Therapeutics, Inc.","isin":"US86627T1088","value_usd":13290493.59,"pct_val":0.15938856066,"balance":759891,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Dynavax Technologies Corp.","title":"Dynavax Technologies Corp.","isin":"US2681582019","value_usd":13243841.04,"pct_val":0.158829071824,"balance":861108,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Centessa Pharmaceuticals plc","title":"Centessa Pharmaceuticals plc","isin":"US1523091007","value_usd":13200778.2,"pct_val":0.15831263321,"balance":527820,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"GB","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Arcus Biosciences, Inc.","title":"Arcus Biosciences, Inc.","isin":"US03969F1093","value_usd":13173057.19,"pct_val":0.157980184166,"balance":552793,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Syndax Pharmaceuticals, Inc.","title":"Syndax Pharmaceuticals, Inc.","isin":"US87164F1057","value_usd":13063975.98,"pct_val":0.156672008745,"balance":621798,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"89bio, Inc.","title":"89bio, Inc.","isin":"US2825591033","value_usd":12643367.1,"pct_val":0.212823302728,"balance":860093,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Recursion Pharmaceuticals, Inc.","title":"Recursion Pharmaceuticals, Inc., Class A","isin":"US75629V1044","value_usd":12524442.99,"pct_val":0.150201565332,"balance":3062211,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"MannKind Corp.","title":"MannKind Corp.","isin":"US56400P7069","value_usd":12470830.47,"pct_val":0.149558607842,"balance":2199441,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Fortrea Holdings, Inc.","title":"Fortrea Holdings, Inc.","isin":"US34965K1079","value_usd":11698380.75,"pct_val":0.140294869951,"balance":678167,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Olema Pharmaceuticals, Inc.","title":"Olema Pharmaceuticals, Inc.","isin":"US68062P1066","value_usd":11693175,"pct_val":0.140232439087,"balance":467727,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"BioCryst Pharmaceuticals, Inc.","title":"BioCryst Pharmaceuticals, Inc.","isin":"US09058V1035","value_usd":11183476.2,"pct_val":0.134119787397,"balance":1433779,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Agios Pharmaceuticals, Inc.","title":"Agios Pharmaceuticals, Inc.","isin":"US00847X1046","value_usd":11034416.38,"pct_val":0.132332161528,"balance":405379,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Zai Lab Ltd.","title":"Zai Lab Ltd.","isin":"US98887Q1040","value_usd":10918119.24,"pct_val":0.130937447808,"balance":618941,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"KY","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Stoke Therapeutics, Inc.","title":"Stoke Therapeutics, Inc.","isin":"US86150R1077","value_usd":10743736.08,"pct_val":0.12884612737,"balance":338492,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Kodiak Sciences, Inc.","title":"Kodiak Sciences, Inc.","isin":"US50015M1099","value_usd":10103569.68,"pct_val":0.121168820249,"balance":361358,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"uniQure NV","title":"uniQure NV","isin":"NL0010696654","value_usd":10024157.35,"pct_val":0.120216454041,"balance":418895,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"NL","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Immunocore Holdings plc","title":"Immunocore Holdings plc","isin":"US45258D1054","value_usd":9830253.81,"pct_val":0.117891032044,"balance":283211,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"GB","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Novocure Ltd.","title":"Novocure Ltd.","isin":"JE00BYSS4X48","value_usd":9574962.39,"pct_val":0.114829405197,"balance":740523,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"JE","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Oruka Therapeutics, Inc.","title":"Oruka Therapeutics, Inc.","isin":"US6876041087","value_usd":9543527.84,"pct_val":0.114452420878,"balance":314864,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Mind Medicine MindMed, Inc.","title":"Mind Medicine MindMed, Inc.","isin":"CA60255C8850","value_usd":9447676.03,"pct_val":0.113302901341,"balance":705577,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"CA","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"BlackRock Funds III","title":"BlackRock Cash Funds: Treasury, SL Agency Shares","isin":"US0669224778","value_usd":9410051.58,"pct_val":0.112851683567,"balance":9410051.58,"units":"NS","currency":"USD","asset_cat":"STIV","issuer_cat":"RF","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"AnaptysBio, Inc.","title":"AnaptysBio, Inc.","isin":"US0327241065","value_usd":9316644,"pct_val":0.111731476885,"balance":192175,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Mesoblast Ltd.","title":"Mesoblast Ltd.","isin":"US5907174016","value_usd":9227496.08,"pct_val":0.110662354918,"balance":511502,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"AU","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Taysha Gene Therapies, Inc.","title":"Taysha Gene Therapies, Inc.","isin":"US8776191061","value_usd":9101356,"pct_val":0.109149598024,"balance":1654792,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Galapagos NV","title":"Galapagos NV","isin":"US36315X1019","value_usd":9084779.4,"pct_val":0.10895080026,"balance":277822,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"BE","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Grifols SA","title":"Grifols SA","isin":"US3984384087","value_usd":8650498.45,"pct_val":0.10374261028,"balance":925187,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"ES","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Atai Beckley NV","title":"Atai Beckley NV","isin":"NL0015000DX5","value_usd":8224822.31,"pct_val":0.098637614984,"balance":2010959,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"NL","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Castle Biosciences, Inc.","title":"Castle Biosciences, Inc.","isin":"US14843C1053","value_usd":8163126.1,"pct_val":0.097897712433,"balance":209849,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Relay Therapeutics, Inc.","title":"Relay Therapeutics, Inc.","isin":"US75943R1023","value_usd":8127175.14,"pct_val":0.097466564279,"balance":960659,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Amylyx Pharmaceuticals, Inc.","title":"Amylyx Pharmaceuticals, Inc.","isin":"US03237H1014","value_usd":8117011.04,"pct_val":0.097344669539,"balance":671938,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Maze Therapeutics, Inc.","title":"Maze Therapeutics, Inc.","isin":"US5787841007","value_usd":7976393.61,"pct_val":0.095658290503,"balance":192527,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Trevi Therapeutics, Inc.","title":"Trevi Therapeutics, Inc.","isin":"US89532M1018","value_usd":7740402.36,"pct_val":0.092828124308,"balance":618243,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Xencor, Inc.","title":"Xencor, Inc.","isin":"US98401F1057","value_usd":7578128.49,"pct_val":0.090882026641,"balance":494979,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Sionna Therapeutics, Inc.","title":"Sionna Therapeutics, Inc.","isin":"US8294011080","value_usd":7429390.32,"pct_val":0.089098258215,"balance":180588,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Stevanato Group SpA","title":"Stevanato Group SpA","isin":"IT0005452658","value_usd":7365147.32,"pct_val":0.088327812841,"balance":366061,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"IT","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Novavax, Inc.","title":"Novavax, Inc.","isin":"US6700024010","value_usd":7354576.32,"pct_val":0.088201038281,"balance":1094431,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Biohaven Ltd.","title":"Biohaven Ltd.","isin":"VGG1110E1079","value_usd":7343885.33,"pct_val":0.08807282472,"balance":650477,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"VG","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Intellia Therapeutics, Inc.","title":"Intellia Therapeutics, Inc.","isin":"US45826J1051","value_usd":7290827.07,"pct_val":0.08743651429,"balance":810993,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Tyra Biosciences, Inc.","title":"Tyra Biosciences, Inc.","isin":"US90240B1061","value_usd":7069039.23,"pct_val":0.084776684966,"balance":268887,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Iovance Biotherapeutics, Inc.","title":"Iovance Biotherapeutics, Inc.","isin":"US4622601007","value_usd":6709258.92,"pct_val":0.080461956895,"balance":2457604,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"UroGen Pharma Ltd.","title":"UroGen Pharma Ltd.","isin":"IL0011407140","value_usd":6674044.24,"pct_val":0.080039638708,"balance":284972,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"IL","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Theravance Biopharma, Inc.","title":"Theravance Biopharma, Inc.","isin":"KYG8807B1068","value_usd":6523353.76,"pct_val":0.078232456864,"balance":348656,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"KY","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Kura Oncology, Inc.","title":"Kura Oncology, Inc.","isin":"US50127T1097","value_usd":6467369.79,"pct_val":0.077561059347,"balance":622461,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"CareDx, Inc.","title":"CareDx, Inc.","isin":"US14167L1035","value_usd":6452681.16,"pct_val":0.077384903392,"balance":342499,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Rapport Therapeutics, Inc.","title":"Rapport Therapeutics, Inc.","isin":"US75383L1026","value_usd":6288632.48,"pct_val":0.075417521006,"balance":207272,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"MBX Biosciences, Inc.","title":"MBX Biosciences, Inc.","isin":"US55287L1017","value_usd":6164019.9,"pct_val":0.073923082923,"balance":195435,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Inhibrx Biosciences, Inc.","title":"Inhibrx Biosciences, Inc.","isin":"US45720N1037","value_usd":5931478,"pct_val":0.071134283659,"balance":75082,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Geron Corp.","title":"Geron Corp.","isin":"US3741631036","value_usd":5915248.68,"pct_val":0.070939650711,"balance":4481249,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"AbCellera Biologics, Inc.","title":"AbCellera Biologics, Inc.","isin":"CA00288U1066","value_usd":5819943.96,"pct_val":0.069796692246,"balance":1701738,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"CA","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Tango Therapeutics, Inc.","title":"Tango Therapeutics, Inc.","isin":"US87583X1090","value_usd":5793146.44,"pct_val":0.069475318317,"balance":653854,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Rigel Pharmaceuticals, Inc.","title":"Rigel Pharmaceuticals, Inc.","isin":"US7665597024","value_usd":5584518.04,"pct_val":0.06697330587,"balance":130388,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Septerna, Inc.","title":"Septerna, Inc.","isin":"US81734D1046","value_usd":5528297.32,"pct_val":0.066299069088,"balance":198289,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Janux Therapeutics, Inc.","title":"Janux Therapeutics, Inc.","isin":"US47103J1051","value_usd":5478020.4,"pct_val":0.065696114362,"balance":396958,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Pharvaris NV","title":"Pharvaris NV","isin":"NL00150005Y4","value_usd":5383278,"pct_val":0.064559899618,"balance":193992,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"NL","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Arbutus Biopharma Corp.","title":"Arbutus Biopharma Corp.","isin":"CA03879J1003","value_usd":5331394.38,"pct_val":0.063937676263,"balance":1108398,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"CA","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Upstream Bio, Inc.","title":"Upstream Bio, Inc.","isin":"US91678A1079","value_usd":5136454.2,"pct_val":0.06159982218,"balance":189188,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"ARS Pharmaceuticals, Inc.","title":"ARS Pharmaceuticals, Inc.","isin":"US82835W1080","value_usd":5134178.3,"pct_val":0.061572528053,"balance":440702,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Replimune Group, Inc.","title":"Replimune Group, Inc.","isin":"US76029N1063","value_usd":5113371.24,"pct_val":0.061322995759,"balance":526067,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Phathom Pharmaceuticals, Inc.","title":"Phathom Pharmaceuticals, Inc.","isin":"US71722W1071","value_usd":5058257.82,"pct_val":0.060662038465,"balance":304898,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Day One Biopharmaceuticals, Inc.","title":"Day One Biopharmaceuticals, Inc.","isin":"US23954D1090","value_usd":5058159.72,"pct_val":0.060660861984,"balance":542721,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Sana Biotechnology, Inc.","title":"Sana Biotechnology, Inc.","isin":"US7995661045","value_usd":4982229.45,"pct_val":0.059750254987,"balance":1224135,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Enliven Therapeutics, Inc.","title":"Enliven Therapeutics, Inc.","isin":"US29337E1029","value_usd":4915110.2,"pct_val":0.058945315684,"balance":319163,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"REGENXBIO, Inc.","title":"REGENXBIO, Inc.","isin":"US75901B1070","value_usd":4901659.2,"pct_val":0.058784002222,"balance":340393,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Monte Rosa Therapeutics, Inc.","title":"Monte Rosa Therapeutics, Inc.","isin":"US61225M1027","value_usd":4883755.52,"pct_val":0.05856928922,"balance":311464,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Arvinas, Inc.","title":"Arvinas, Inc.","isin":"US04335A1051","value_usd":4838393.74,"pct_val":0.058025280167,"balance":407959,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"ImmunityBio, Inc.","title":"ImmunityBio, Inc.","isin":"US45256X1037","value_usd":4832999.82,"pct_val":0.057960592642,"balance":2440909,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Astria Therapeutics, Inc.","title":"Astria Therapeutics, Inc.","isin":"US04635X1028","value_usd":4825549.96,"pct_val":0.057871248897,"balance":368644,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Evotec SE","title":"Evotec SE","isin":"US30050E1055","value_usd":4733135.22,"pct_val":0.079671930887,"balance":1303894,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"DE","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Tourmaline Bio, Inc.","title":"Tourmaline Bio, Inc.","isin":"US89157D1054","value_usd":4692840.45,"pct_val":0.078993656978,"balance":98115,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Precigen, Inc.","title":"Precigen, Inc.","isin":"US74017N1054","value_usd":4604537.52,"pct_val":0.055220718692,"balance":1101564,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Emergent BioSolutions, Inc.","title":"Emergent BioSolutions, Inc.","isin":"US29089Q1058","value_usd":4600824.6,"pct_val":0.055176190852,"balance":372235,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"CorMedix, Inc.","title":"CorMedix, Inc.","isin":"US21900C3088","value_usd":4586464.95,"pct_val":0.077203059183,"balance":394365,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Verve Therapeutics, Inc.","title":"Verve Therapeutics, Inc.","isin":"US92539P1012","value_usd":4575281.68,"pct_val":0.086688999863,"balance":407416,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Annexon, Inc.","title":"Annexon, Inc.","isin":"US03589W1027","value_usd":4555107.84,"pct_val":0.05462792464,"balance":907392,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"KalVista Pharmaceuticals, Inc.","title":"KalVista Pharmaceuticals, Inc.","isin":"US4834971032","value_usd":4502781.5,"pct_val":0.054000391888,"balance":278810,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"RAPT Therapeutics, Inc.","title":"RAPT Therapeutics, Inc.","isin":"US75382E2081","value_usd":4466775.6,"pct_val":0.053568584857,"balance":131880,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Lexeo Therapeutics, Inc.","title":"Lexeo Therapeutics, Inc.","isin":"US52886X1072","value_usd":4417430.01,"pct_val":0.052976799269,"balance":444857,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Alumis, Inc.","title":"Alumis, Inc.","isin":"US0223071020","value_usd":4414623.68,"pct_val":0.052943143868,"balance":452318,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Erasca, Inc.","title":"Erasca, Inc.","isin":"US29479A1088","value_usd":4384083.24,"pct_val":0.052576882318,"balance":1178517,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Cytek Biosciences, Inc.","title":"Cytek Biosciences, Inc.","isin":"US23285D1090","value_usd":4318886.25,"pct_val":0.051794996053,"balance":855225,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Ventyx Biosciences, Inc.","title":"Ventyx Biosciences, Inc.","isin":"US92332V1070","value_usd":4269076.98,"pct_val":0.051197649702,"balance":472766,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Keros Therapeutics, Inc.","title":"Keros Therapeutics, Inc.","isin":"US4923271013","value_usd":4268840.48,"pct_val":0.051194813434,"balance":209668,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Gossamer Bio, Inc.","title":"Gossamer Bio, Inc.","isin":"US38341P1021","value_usd":4227637.4,"pct_val":0.050700678317,"balance":1363754,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"GH Research plc","title":"GH Research plc","isin":"IE000GID8VI0","value_usd":4202849.1,"pct_val":0.050403400309,"balance":330933,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"IE","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Vir Biotechnology, Inc.","title":"Vir Biotechnology, Inc.","isin":"US92764N1028","value_usd":4162852.71,"pct_val":0.049923736631,"balance":690357,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Alvotech SA","title":"Alvotech SA","isin":"LU2458332611","value_usd":4132763.91,"pct_val":0.049562891453,"balance":805607,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"LU","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Myriad Genetics, Inc.","title":"Myriad Genetics, Inc.","isin":"US62855J1043","value_usd":4024892.1,"pct_val":0.048269219972,"balance":654454,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"CytomX Therapeutics, Inc.","title":"CytomX Therapeutics, Inc.","isin":"US23284F1057","value_usd":4019425.02,"pct_val":0.048203655062,"balance":943527,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Fulcrum Therapeutics, Inc.","title":"Fulcrum Therapeutics, Inc.","isin":"US3596161097","value_usd":4006296.06,"pct_val":0.048046203721,"balance":354226,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"BridgeBio Oncology Therapeutics, Inc.","title":"BridgeBio Oncology Therapeutics, Inc.","isin":"US1079241022","value_usd":3989147.44,"pct_val":0.047840545907,"balance":318622,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Bicara Therapeutics, Inc.","title":"Bicara Therapeutics, Inc.","isin":"US0554771032","value_usd":3982264.11,"pct_val":0.047757996372,"balance":236617,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Ironwood Pharmaceuticals, Inc.","title":"Ironwood Pharmaceuticals, Inc., Class A","isin":"US46333X1081","value_usd":3896424.33,"pct_val":0.04672854785,"balance":1156209,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Fulgent Genetics, Inc.","title":"Fulgent Genetics, Inc.","isin":"US3596641098","value_usd":3871856.49,"pct_val":0.046433913747,"balance":147387,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"ArriVent Biopharma, Inc.","title":"ArriVent Biopharma, Inc.","isin":"US04272N1028","value_usd":3865373.92,"pct_val":0.046356170397,"balance":192116,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Savara, Inc.","title":"Savara, Inc.","isin":"US8051111016","value_usd":3825094.32,"pct_val":0.045873110274,"balance":634344,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Pacific Biosciences of California, Inc.","title":"Pacific Biosciences of California, Inc.","isin":"US69404D1081","value_usd":3737271.67,"pct_val":0.044819881838,"balance":1998541,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Zevra Therapeutics, Inc.","title":"Zevra Therapeutics, Inc.","isin":"US4884452065","value_usd":3692066.56,"pct_val":0.044277751678,"balance":412061,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Compass Pathways plc","title":"Compass Pathways plc","isin":"US20451W1018","value_usd":3667363.8,"pct_val":0.043981499523,"balance":531502,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"GB","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"OPKO Health, Inc.","title":"OPKO Health, Inc.","isin":"US68375N1037","value_usd":3642535.26,"pct_val":0.04368373893,"balance":2890901,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Alto Neuroscience, Inc.","title":"Alto Neuroscience, Inc.","isin":"US02157Q1094","value_usd":3596134,"pct_val":0.043127263733,"balance":202030,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Vanda Pharmaceuticals, Inc.","title":"Vanda Pharmaceuticals, Inc.","isin":"US9216591084","value_usd":3584994.84,"pct_val":0.042993675415,"balance":406462,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Zenas Biopharma, Inc.","title":"Zenas Biopharma, Inc.","isin":"US98937L1052","value_usd":3540116.07,"pct_val":0.042455458945,"balance":97497,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Absci Corp.","title":"Absci Corp.","isin":"US00091E1091","value_usd":3495067.48,"pct_val":0.041915205878,"balance":1001452,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Standard BioTools, Inc.","title":"Standard BioTools, Inc.","isin":"US34385P1084","value_usd":3480619.52,"pct_val":0.0417419362,"balance":2719234,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"MeiraGTx Holdings plc","title":"MeiraGTx Holdings plc","isin":"KYG596651029","value_usd":3419183.7,"pct_val":0.041005156421,"balance":430086,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"KY","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"LENZ Therapeutics, Inc.","title":"LENZ Therapeutics, Inc.","isin":"US52635N1037","value_usd":3289808,"pct_val":0.039453595791,"balance":205613,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Corvus Pharmaceuticals, Inc.","title":"Corvus Pharmaceuticals, Inc.","isin":"US2210151005","value_usd":3254974.8,"pct_val":0.039035852569,"balance":422724,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"ORIC Pharmaceuticals, Inc.","title":"ORIC Pharmaceuticals, Inc.","isin":"US68622P1093","value_usd":3237619.46,"pct_val":0.03882771563,"balance":395797,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Enanta Pharmaceuticals, Inc.","title":"Enanta Pharmaceuticals, Inc.","isin":"US29251M1062","value_usd":3186927.76,"pct_val":0.038219786583,"balance":202088,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Personalis, Inc.","title":"Personalis, Inc.","isin":"US71535D1063","value_usd":3118003.64,"pct_val":0.037393202061,"balance":391709,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Sage Therapeutics, Inc.","title":"Sage Therapeutics, Inc.","isin":"US78667J1088","value_usd":3112747.2,"pct_val":0.058977995338,"balance":341310,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Prothena Corp. plc","title":"Prothena Corp. plc","isin":"IE00B91XRN20","value_usd":3057871.8,"pct_val":0.03667206049,"balance":320196,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"IE","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Cullinan Therapeutics, Inc.","title":"Cullinan Therapeutics, Inc.","isin":"US2300311063","value_usd":3011643,"pct_val":0.03611765355,"balance":290980,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"PepGen, Inc.","title":"PepGen, Inc.","isin":"US7133171055","value_usd":2828848.89,"pct_val":0.033925463328,"balance":434539,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"4D Molecular Therapeutics, Inc.","title":"4D Molecular Therapeutics, Inc.","isin":"US35104E1001","value_usd":2815800,"pct_val":0.03376897224,"balance":375440,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Altimmune, Inc.","title":"Altimmune, Inc.","isin":"US02155H2004","value_usd":2757180.82,"pct_val":0.033065971508,"balance":763762,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Autolus Therapeutics plc","title":"Autolus Therapeutics plc","isin":"US05280R1005","value_usd":2701235.95,"pct_val":0.032395042904,"balance":1357405,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"GB","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Lineage Cell Therapeutics, Inc.","title":"Lineage Cell Therapeutics, Inc.","isin":"US53566P1093","value_usd":2680423.48,"pct_val":0.032145445731,"balance":1605044,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Ginkgo Bioworks Holdings, Inc.","title":"Ginkgo Bioworks Holdings, Inc.","isin":"US37611X2099","value_usd":2588847.54,"pct_val":0.03104720531,"balance":311534,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"ADC Therapeutics SA","title":"ADC Therapeutics SA","isin":"CH0499880968","value_usd":2586759.29,"pct_val":0.031022161608,"balance":732793,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"CH","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Rocket Pharmaceuticals, Inc.","title":"Rocket Pharmaceuticals, Inc.","isin":"US77313F1066","value_usd":2579421.78,"pct_val":0.030934165241,"balance":734878,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Maravai LifeSciences Holdings, Inc.","title":"Maravai LifeSciences Holdings, Inc., Class A","isin":"US56600D1072","value_usd":2533589.5,"pct_val":0.030384513635,"balance":779566,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Solid Biosciences, Inc.","title":"Solid Biosciences, Inc.","isin":"US83422E2046","value_usd":2452153.56,"pct_val":0.029407878932,"balance":434779,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Prime Medicine, Inc.","title":"Prime Medicine, Inc.","isin":"US74168J1016","value_usd":2402228.95,"pct_val":0.028809149346,"balance":692285,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Immutep Ltd.","title":"Immutep Ltd.","isin":"US45257L1089","value_usd":2376974.6,"pct_val":0.028506282152,"balance":831110,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"AU","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Immuneering Corp.","title":"Immuneering Corp., Class A","isin":"US45254E1073","value_usd":2319482.9,"pct_val":0.02781680292,"balance":352505,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Anavex Life Sciences Corp.","title":"Anavex Life Sciences Corp.","isin":"US0327973006","value_usd":2268239.76,"pct_val":0.027202260633,"balance":637146,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"iTeos Therapeutics, Inc.","title":"iTeos Therapeutics, Inc.","isin":"US46565G1040","value_usd":2223758.65,"pct_val":0.04213410819,"balance":223045,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"NovaBridge Biosciences","title":"NovaBridge Biosciences","isin":"US44975P1030","value_usd":2205333.92,"pct_val":0.026447851383,"balance":554104,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"KY","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"BioAge Labs, Inc.","title":"BioAge Labs, Inc.","isin":"US09077V1008","value_usd":2197079.64,"pct_val":0.026348860492,"balance":166068,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Design Therapeutics, Inc.","title":"Design Therapeutics, Inc.","isin":"US25056L1035","value_usd":2164059.8,"pct_val":0.025952864306,"balance":230710,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Aclaris Therapeutics, Inc.","title":"Aclaris Therapeutics, Inc.","isin":"US00461U1051","value_usd":2054725.33,"pct_val":0.024641651619,"balance":682633,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Neurogene, Inc.","title":"Neurogene, Inc.","isin":"US64135M1053","value_usd":2003185.2,"pct_val":0.024023547628,"balance":97242,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"CureVac NV","title":"CureVac NV","isin":"NL0015436031","value_usd":1974223,"pct_val":0.023676213397,"balance":436775,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"NL","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Aura Biosciences, Inc.","title":"Aura Biosciences, Inc.","isin":"US05153U1079","value_usd":1892735.95,"pct_val":0.022698965748,"balance":347291,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Bicycle Therapeutics plc","title":"Bicycle Therapeutics plc","isin":"US0887861088","value_usd":1774991.4,"pct_val":0.021286893712,"balance":250705,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"GB","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Quanterix Corp.","title":"Quanterix Corp.","isin":"US74766Q1013","value_usd":1767011.52,"pct_val":0.02119119361,"balance":277832,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Candel Therapeutics, Inc.","title":"Candel Therapeutics, Inc.","isin":"US1374041093","value_usd":1711820.05,"pct_val":0.020529300287,"balance":302977,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Cellectis SA","title":"Cellectis SA","isin":"US15117K1034","value_usd":1633262.84,"pct_val":0.019587189255,"balance":337451,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"FR","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Atea Pharmaceuticals, Inc.","title":"Atea Pharmaceuticals, Inc.","isin":"US04683R1068","value_usd":1625067.57,"pct_val":0.019488906051,"balance":455201,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Allogene Therapeutics, Inc.","title":"Allogene Therapeutics, Inc.","isin":"US0197701065","value_usd":1611857.06,"pct_val":0.019330476708,"balance":1176538,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Entrada Therapeutics, Inc.","title":"Entrada Therapeutics, Inc.","isin":"US29384C1080","value_usd":1600133.4,"pct_val":0.019189878672,"balance":155655,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Lyell Immunopharma, Inc.","title":"Lyell Immunopharma, Inc.","isin":"US55083R2031","value_usd":1594896.48,"pct_val":0.019127073996,"balance":51816,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Contineum Therapeutics, Inc.","title":"Contineum Therapeutics, Inc., Class A","isin":"US21217B1008","value_usd":1580849.01,"pct_val":0.018958607264,"balance":138307,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Tectonic Therapeutic, Inc.","title":"Tectonic Therapeutic, Inc.","isin":"US8789721086","value_usd":1541449.7,"pct_val":0.018486104172,"balance":73895,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"OmniAb, Inc.","title":"OmniAb, Inc.","isin":"US68218J1034","value_usd":1488676.5,"pct_val":0.017853212374,"balance":804690,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Editas Medicine, Inc.","title":"Editas Medicine, Inc.","isin":"US28106W1036","value_usd":1468353.5,"pct_val":0.017609485255,"balance":716270,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Kyverna Therapeutics, Inc.","title":"Kyverna Therapeutics, Inc.","isin":"US5019761049","value_usd":1452412.8,"pct_val":0.017418313632,"balance":154512,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Quantum-Si, Inc.","title":"Quantum-Si, Inc., Class A","isin":"US74765K1051","value_usd":1382266.6,"pct_val":0.016577073103,"balance":1256606,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Cabaletta Bio, Inc.","title":"Cabaletta Bio, Inc.","isin":"US12674W1099","value_usd":1364494.83,"pct_val":0.016363942054,"balance":623057,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Alector, Inc.","title":"Alector, Inc.","isin":"US0144421072","value_usd":1359542.8,"pct_val":0.022884915593,"balance":459305,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"AC Immune SA","title":"AC Immune SA","isin":"CH0329023102","value_usd":1353820.42,"pct_val":0.016235927332,"balance":431153,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"CH","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Voyager Therapeutics, Inc.","title":"Voyager Therapeutics, Inc.","isin":"US92915B1061","value_usd":1328084.55,"pct_val":0.015927285425,"balance":337935,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Larimar Therapeutics, Inc.","title":"Larimar Therapeutics, Inc.","isin":"US5171251003","value_usd":1310956.23,"pct_val":0.015721871063,"balance":344083,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Perspective Therapeutics, Inc.","title":"Perspective Therapeutics, Inc.","isin":"US46489V3024","value_usd":1270054.5,"pct_val":0.015231349937,"balance":461838,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Aardvark Therapeutics, Inc.","title":"Aardvark Therapeutics, Inc.","isin":"US0029421007","value_usd":1208812.5,"pct_val":0.014496894579,"balance":92100,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Arcturus Therapeutics Holdings, Inc.","title":"Arcturus Therapeutics Holdings, Inc.","isin":"US03969T1097","value_usd":1177027.43,"pct_val":0.014115706587,"balance":192011,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Sagimet Biosciences, Inc.","title":"Sagimet Biosciences, Inc., Class A","isin":"US7867001049","value_usd":1150309.28,"pct_val":0.013795284517,"balance":194309,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Humacyte, Inc.","title":"Humacyte, Inc.","isin":"US44486Q1031","value_usd":1119973.74,"pct_val":0.013431480267,"balance":1166032,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"C4 Therapeutics, Inc.","title":"C4 Therapeutics, Inc.","isin":"US12529R1077","value_usd":1093824.53,"pct_val":0.013117881309,"balance":572683,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Inozyme Pharma, Inc.","title":"Inozyme Pharma, Inc.","isin":"US45790W1080","value_usd":1083972,"pct_val":0.020538287067,"balance":270993,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Silence Therapeutics plc","title":"Silence Therapeutics plc","isin":"US82686Q1013","value_usd":1073764.48,"pct_val":0.012877307663,"balance":176606,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"GB","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Foghorn Therapeutics, Inc.","title":"Foghorn Therapeutics, Inc.","isin":"US3441741077","value_usd":1065695.4,"pct_val":0.012780537815,"balance":197351,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Codexis, Inc.","title":"Codexis, Inc.","isin":"US1920051067","value_usd":1014143.62,"pct_val":0.012162294108,"balance":622174,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Caribou Biosciences, Inc.","title":"Caribou Biosciences, Inc.","isin":"US1420381089","value_usd":970777.68,"pct_val":0.011642220515,"balance":610552,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"MaxCyte, Inc.","title":"MaxCyte, Inc.","isin":"US57777K1060","value_usd":946105.58,"pct_val":0.015925608476,"balance":598801,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Y-mAbs Therapeutics, Inc.","title":"Y-mAbs Therapeutics, Inc.","isin":"US9842411095","value_usd":932740.16,"pct_val":0.017672859783,"balance":206816,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Jyong Biotech Ltd.","title":"Jyong Biotech Ltd.","isin":"KYG831161065","value_usd":837751.55,"pct_val":0.010046881467,"balance":212089,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"KY","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Cargo Therapeutics, Inc.","title":"Cargo Therapeutics, Inc.","isin":"US14179K1016","value_usd":829096.44,"pct_val":0.015709096444,"balance":201237,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Fate Therapeutics, Inc.","title":"Fate Therapeutics, Inc.","isin":"US31189P1021","value_usd":825040.44,"pct_val":0.013887742872,"balance":654794,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Tenaya Therapeutics, Inc.","title":"Tenaya Therapeutics, Inc.","isin":"US87990A1060","value_usd":804160.78,"pct_val":0.009644038304,"balance":1130233,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Black Diamond Therapeutics, Inc.","title":"Black Diamond Therapeutics, Inc.","isin":"US09203E1055","value_usd":802449.18,"pct_val":0.009623511642,"balance":330226,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Climb Bio, Inc.","title":"Climb Bio, Inc.","isin":"US28658R1068","value_usd":735877.08,"pct_val":0.012386873633,"balance":366108,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Neumora Therapeutics, Inc.","title":"Neumora Therapeutics, Inc.","isin":"US6409791000","value_usd":719535.25,"pct_val":0.008629151887,"balance":401975,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Cybin, Inc.","title":"Cybin, Inc.","isin":"CA23256X4075","value_usd":717708.28,"pct_val":0.012081041809,"balance":121852,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"CA","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Nkarta, Inc.","title":"Nkarta, Inc.","isin":"US65487U1088","value_usd":660259.62,"pct_val":0.011114019855,"balance":318966,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Biomea Fusion, Inc.","title":"Biomea Fusion, Inc.","isin":"US09077A1060","value_usd":618148.28,"pct_val":0.010405167981,"balance":306014,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"MacroGenics, Inc.","title":"MacroGenics, Inc.","isin":"US5560991094","value_usd":585669.84,"pct_val":0.009858464811,"balance":348613,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Cartesian Therapeutics, Inc.","title":"Cartesian Therapeutics, Inc.","isin":"US8162123025","value_usd":516999.14,"pct_val":0.008702544473,"balance":50587,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"TScan Therapeutics, Inc.","title":"TScan Therapeutics, Inc.","isin":"US89854M1018","value_usd":494526.76,"pct_val":0.008324271336,"balance":271718,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Pliant Therapeutics, Inc.","title":"Pliant Therapeutics, Inc.","isin":"US7291391057","value_usd":491275.64,"pct_val":0.008269545875,"balance":331943,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Applied Therapeutics, Inc.","title":"Applied Therapeutics, Inc.","isin":"US03828A1016","value_usd":459039.25,"pct_val":0.007726917085,"balance":758868,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Sutro Biopharma, Inc.","title":"Sutro Biopharma, Inc.","isin":"US8693671021","value_usd":419856.64,"pct_val":0.007067363945,"balance":483483,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Pyxis Oncology, Inc.","title":"Pyxis Oncology, Inc.","isin":"US7473241013","value_usd":407633.6,"pct_val":0.00488861699,"balance":354464,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Akero Therapeutics, Inc.","title":"Akero Therapeutics, Inc., CVR","isin":null,"value_usd":335370.1,"pct_val":0.004021984372,"balance":515954,"units":"NS","currency":"USD","asset_cat":null,"issuer_cat":"CORP","inv_country":"US","fair_val_level":"3","payoff_profile":"Long"},{"issuer_name":"Alpha Teknova, Inc.","title":"Alpha Teknova, Inc.","isin":"US02080L1026","value_usd":310817.2,"pct_val":0.00372752944,"balance":81794,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Acrivon Therapeutics, Inc.","title":"Acrivon Therapeutics, Inc.","isin":"US0048901096","value_usd":235788.7,"pct_val":0.003968984644,"balance":130270,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Tevogen Bio Holdings, Inc.","title":"Tevogen Bio Holdings, Inc.","isin":"US88165K1016","value_usd":204796.82,"pct_val":0.003447304446,"balance":260788,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Artiva Biotherapeutics, Inc.","title":"Artiva Biotherapeutics, Inc.","isin":"US04317A1079","value_usd":195722.52,"pct_val":0.003294558545,"balance":68196,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Mersana Therapeutics, Inc.","title":"Mersana Therapeutics, Inc.","isin":"US59045L2051","value_usd":192122.08,"pct_val":0.003233953049,"balance":24758,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Mersana Therapeutics, Inc.","title":"Mersana Therapeutics, Inc.","isin":"US59045L1061","value_usd":185666.59,"pct_val":0.003517871056,"balance":627252,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"OnKure Therapeutics, Inc.","title":"OnKure Therapeutics, Inc.","isin":"US68277Q1058","value_usd":145906.75,"pct_val":0.002456019522,"balance":53057,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"IGM Biosciences, Inc.","title":"IGM Biosciences, Inc.","isin":"US4495851085","value_usd":108976,"pct_val":0.002064795374,"balance":97300,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Contra Chinook Therape","title":"Contra Chinook Therape, CVR","isin":"US169CVR0169","value_usd":54563.54,"pct_val":0.000654362762,"balance":320962,"units":"NS","currency":"USD","asset_cat":null,"issuer_cat":"CORP","inv_country":"US","fair_val_level":"3","payoff_profile":"Long"},{"issuer_name":"Q32 Bio, Inc.","title":"Q32 Bio, Inc.","isin":"US7469641051","value_usd":49571.28,"pct_val":0.000834423571,"balance":25036,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"N/A","title":"XAV Health Care Index","isin":null,"value_usd":26778.98,"pct_val":0.000321151584,"balance":28,"units":"NC","currency":"USD","asset_cat":"DE","issuer_cat":null,"inv_country":"US","fair_val_level":"1","payoff_profile":"N/A"},{"issuer_name":"Third Harmonic Bio, Inc.","title":"Third Harmonic Bio, Inc.","isin":"US88427A1079","value_usd":4034.34,"pct_val":0.000048382525,"balance":134478,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"3","payoff_profile":"Long"},{"issuer_name":"Cartesian Therapeutics, Inc.","title":"Cartesian Therapeutics, Inc.","isin":"US8162121128","value_usd":1524.5,"pct_val":0.000018282831,"balance":6098,"units":"NS","currency":"USD","asset_cat":null,"issuer_cat":"CORP","inv_country":"US","fair_val_level":"3","payoff_profile":"Long"},{"issuer_name":"Fusion Pharmaceuticals, Inc.","title":"Fusion Pharmaceuticals, Inc., CVR","isin":"US361CVR0124","value_usd":1034,"pct_val":0.000012400425,"balance":1880,"units":"NS","currency":"USD","asset_cat":null,"issuer_cat":"CORP","inv_country":"CA","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Sutro Biopharma, Inc.","title":"Sutro Biopharma, Inc.","isin":"US8693672011","value_usd":115.7,"pct_val":0.000001387552,"balance":10,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Cargo Therapeutics, Inc.","title":"Cargo Therapeutics, Inc., CVR","isin":"US141CVR0196","value_usd":1.98,"pct_val":2.3745e-8,"balance":198104,"units":"NS","currency":"USD","asset_cat":null,"issuer_cat":"CORP","inv_country":"US","fair_val_level":"3","payoff_profile":"Long"},{"issuer_name":"Akouos, Inc.","title":"Akouos, Inc., CVR","isin":"US009CVR0361","value_usd":1.57,"pct_val":1.8828e-8,"balance":157087,"units":"NS","currency":"USD","asset_cat":null,"issuer_cat":"CORP","inv_country":"US","fair_val_level":"3","payoff_profile":"Long"},{"issuer_name":"OmniAb, Inc.","title":"OmniAb, Inc., 15.00 Earnout Shares","isin":"US68218J3014","value_usd":0.47,"pct_val":5.636e-9,"balance":46839,"units":"NS","currency":"USD","asset_cat":null,"issuer_cat":"CORP","inv_country":"US","fair_val_level":"3","payoff_profile":"Long"},{"issuer_name":"OmniAb Operations, Inc.","title":"OmniAb, Inc., 12.50 Earnout Shares","isin":"US68218J2024","value_usd":0.47,"pct_val":5.636e-9,"balance":46839,"units":"NS","currency":"USD","asset_cat":null,"issuer_cat":"CORP","inv_country":"US","fair_val_level":"3","payoff_profile":"Long"},{"issuer_name":"BlackRock Funds III","title":"BlackRock Cash Funds: Institutional, SL Agency Shares","isin":"US0669225197","value_usd":0.2,"pct_val":2.398e-9,"balance":0.2,"units":"NS","currency":"USD","asset_cat":"STIV","issuer_cat":"RF","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"}],"source_documents":[{"label":"SEC NPORT-P Filings","url":"https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1100663&type=NPORT&dateb=&owner=exclude&count=40"}],"dataset":{"json":"https://dealcharts.org/llm/facts/fund/ishares-biotechnology-etf.json","page":"https://dealcharts.org/capitalmarkets/funds/ishares-biotechnology-etf/"},"provenance":{"curator":"CMD+RVL","curator_url":"https://cmdrvl.com","platform":"Dealcharts","platform_url":"https://dealcharts.org/","source":"SEC NPORT-P Public Filings","license":"CC-BY 4.0","license_url":"https://creativecommons.org/licenses/by/4.0/","attribution":"Data curated by CMD+RVL from SEC NPORT-P public filings"},"citation":"Fund: iShares Biotechnology ETF | LEI: 549300S7IVD88MPK0066 | 303 positions totaling $8,994,016,885 across DE, STIV, EC | Filing: Tue Feb 24 2026 19:00:00 GMT-0500 (Eastern Standard Time) | Source: SEC NPORT-P via Dealcharts.org","updated_at":"2026-02-25"}
