ACUTA CAPITAL PARTNERS, LLC

1. Portfolio Overview

ACUTA CAPITAL PARTNERS, LLC manages a focused, high-conviction portfolio totaling approximately $69.02 million as of the report date September 30, 2025. The portfolio decreased by 3.7% from the previous quarter's value of $71.64 million. The fund maintains a highly concentrated structure with only 21 holdings, indicating a strategy that relies on deep, idiosyncratic research rather than broad market diversification.

The portfolio is characterized by high turnover and ...