Frazier Life Sciences Management, L.P.
Frazier Life Sciences Management, L.P. reported 41 US-listed holdings worth $4.59 billion in its 13F for the quarter ended 30 June 2026, filed 14 August 2026. Its largest: Mirum Pharmaceuticals Inc. (19.6%), Newamsterdam Pharma Company (13.3%) and Erasca Inc. (10.0%). Against the quarter before, it opened 6 positions, added to 8, trimmed 1 and sold out of 3.
Reported holdings$4.59B+18.2% on Q1 2026
Positions41+3 on Q1 2026
The largest ten73.6%of its reported holdings
Latest 13FQ2 2026filed 14 August 2026
Added toHeldTrimmed
The 14 largest of its 41 positions, each sized by its share of the reported holdings, coloured by the change in shares against Q1 2026.
What the fund reported holding at each quarter's end; hover a bar for the number of positions
What it did on the quarter
Opened 6Added 8Held 26Trimmed 1Sold out 3
Its positions against its 13F for the quarter to 31 March 2026; a change under 0.1% of a position counts as held
Opened 6
- Parabilis Medicines Inc. Com PBLS$52.6 million
- Achieve Life Sciences Inc. ACHV$49.7 million
- Design Therapeutics Inc. DSGN$26.2 million
- Shattuck Labs Inc. STTK$26.0 million
- Kailera Therapeutics Inc. KLRA$24.2 million
- Relay Therapeutics Inc. RLAY$19.0 million
Added to 8
- Newamsterdam Pharma Company NAMS+1.1 million shares · +7%
- Allogene Therapeutics Inc. ALLO+18.6 million shares · +491%
- Ascendis Pharma A/s ASND+91,822 shares · +69%
- Aura Biosciences Inc. AURA+2.0 million shares · +39%
- Maze Therapeatics MAZE+465,641 shares · +10%
- Erasca Inc. ERAS+300,000 shares · +1%
- Mannkind Corp. MNKD+700,000 shares · +12%
- Lexeo Therapeutics Inc. LXEO+400,000 shares · +9%
Trimmed 1
- Bridgebio Pharma Inc. BBIO-1.9 million shares · -55%
Sold out of 3
- Kalvista Pharmaceuticals Inc. KALV$99.9 million last quarter
- Revolution Medicines, Inc. RVMD$65.7 million last quarter
- Agios Pharmaceuticals Inc. AGIO$42.5 million last quarter
What it holds
| Company | Shares | Value | Of its book | Change in shares |
|---|---|---|---|---|
| Mirum Pharmaceuticals Inc. MIRM | 7,679,684 | $899.1 million | 19.58% | no change |
| Newamsterdam Pharma Company NAMS | 18,088,902 | $613.0 million | 13.35% | +1,145,128 |
| Erasca Inc. ERAS | 24,975,188 | $457.5 million | 9.96% | +300,000 |
| MBX Biosciences Inc. MBX | 6,652,013 | $367.2 million | 8.00% | no change |
| Arcutis Biotherapeutics Inc. ARQT | 9,874,511 | $258.9 million | 5.64% | no change |
| Trevi Therapeutics Inc. TRVI | 9,939,447 | $185.4 million | 4.04% | -100 |
| Krystal Biotech, Inc. KRYS | 481,307 | $178.9 million | 3.90% | no change |
| Maze Therapeatics MAZE | 5,032,915 | $150.2 million | 3.27% | +465,641 |
| Phathom Pharmaceuticals Inc. PHAT | 12,466,489 | $135.3 million | 2.95% | no change |
| Palvella Therapeutics Inc. Ne PVLA | 882,400 | $134.8 million | 2.94% | no change |
| Bridgebio Pharma Inc. BBIO | 1,548,139 | $115.3 million | 2.51% | -1,900,000 |
| Disc Medicine Inc. IRON | 1,354,852 | $99.1 million | 2.16% | no change |
| Cytokinetics Inc. CYTK | 1,159,879 | $98.8 million | 2.15% | no change |
| Dyne Therapeutics Inc. DYN | 3,153,082 | $70.0 million | 1.53% | no change |
| Ascendis Pharma A/s ASND | 225,155 | $60.1 million | 1.31% | +91,822 |
| Savara Inc. SVRA | 9,720,852 | $59.9 million | 1.30% | no change |
| Parabilis Medicines Inc. Com PBLS | 1,920,805 | $52.6 million | 1.14% | new |
| Aura Biosciences Inc. AURA | 7,100,000 | $50.4 million | 1.10% | +2,000,000 |
| Achieve Life Sciences Inc. ACHV | 7,614,836 | $49.7 million | 1.08% | new |
| Vor Biopharma Inc. VOR | 2,543,939 | $46.8 million | 1.02% | no change |
| Allogene Therapeutics Inc. ALLO | 22,446,668 | $46.7 million | 1.02% | +18,650,000 |
| Tarsus Pharmaceuticals Inc. TARS | 728,644 | $45.9 million | 1.00% | no change |
| Biocryst Pharmaceuticals Inc. BCRX | 4,009,240 | $40.1 million | 0.87% | no change |
| Alkermes plc. ALKS | 700,647 | $36.7 million | 0.80% | no change |
| Acadia Pharmaceuticals Inc. ACAD | 1,438,198 | $36.4 million | 0.79% | no change |
| Zai Lab Limited ZLAB | 1,902,320 | $36.1 million | 0.79% | no change |
| Mannkind Corp. MNKD | 6,600,000 | $28.1 million | 0.61% | +700,000 |
| Design Therapeutics Inc. DSGN | 1,809,854 | $26.2 million | 0.57% | new |
| Aclaris Therapeutics Inc. ACRS | 4,925,374 | $26.1 million | 0.57% | no change |
| Shattuck Labs Inc. STTK | 3,750,000 | $26.0 million | 0.57% | new |
| Kailera Therapeutics Inc. KLRA | 1,100,000 | $24.2 million | 0.53% | new |
| Monte Rosa Therapeutics Inc. GLUE | 1,000,000 | $24.2 million | 0.53% | no change |
| Lexeo Therapeutics Inc. LXEO | 4,824,725 | $22.5 million | 0.49% | +400,000 |
| Relay Therapeutics Inc. RLAY | 1,015,693 | $19.0 million | 0.41% | new |
| Evolus Inc. EOLS | 2,630,665 | $18.3 million | 0.40% | no change |
| Immunocore Hldgs PLC IMCR | 484,782 | $15.4 million | 0.34% | no change |
| Valneva SE VALN | 2,291,666 | $12.0 million | 0.26% | no change |
| Newamsterdam Pharma Company | 500,333 | $10.7 million | 0.23% | no change |
| Autolus Therapeutics PLC AUTL | 4,447,910 | $7.1 million | 0.15% | no change |
| Xilio Therapeutics Inc. XLO | 422,505 | $4.0 million | 0.09% | no change |
| Ibio Inc. Com IBIO | 1,953,467 | $3.4 million | 0.07% | no change |
Every US-listed position in the fund's 13F for the quarter ended 30 June 2026, by the value it reported.