DOSSIER · 13F-HR · Q1 2026

Nan Fung Group Holdings Ltd

$121M in tracked AUM across 24 positions as of Q1 2026.

NF
CIK 0001782539 · last filed Mar 31, 2026
Total AUM
$121M
as of Q1 2026
Holdings
24
positions
Whale Score
67
67
tracked
Activity
no data
changes this Q
AI Analysis · Q1 2026
Comprehensive SEC 13F Analysis: Nan Fung Group Holdings Ltd
1. Portfolio Overview

Nan Fung Group Holdings Ltd reported a significant contraction in its US equity portfolio for the period ending September 30, 2025. The total portfolio value decreased by 25.9%, dropping from $63.43M to $46.97M. This reduction in assets under management (AUM) was driven primarily by active deleveraging rather than just market depreciation, as the fund executed a major rotation out of existing pos...

The portfolio remains highly concentrated, consisting of only 16 holdings. The turnover rate was exceptionally high this quarter, characterized by a "clean sweep" strategy where the fund exited 8 positions (accounting for approximately $30.9M in value from the previous quarter) and initiated 4 new positions. Despite the high activity, the majority of the portfolio (11 positions) remained unchanged in share count, suggesting a "hold and rotate" approach around a stable core of long-term convictions.

2. Key Holdings

Quarter at a glance — Q1 2026

Position-change comparison pending.

No quarter-over-quarter changes available.

Top 10 holdings

By portfolio weight as of Q1 2026.

#HoldingValueSharesWeight
01
EVMN
EVOMMUNE INC
$33M1.4M27.3%
02
MPLT
MAPLIGHT THERAPEUTICS INC
$20M971K16.3%
03
LBRX
LB PHARMACEUTICALS INC
$16M631K12.8%
04
H5870P102
OCULIS HOLDING AG
$9M351K7.7%
05
INCY
INCYTE CORP
$5M54K4.2%
06
ONC
BEONE MEDICINES LTD
$5M16K3.9%
07
RYTM
RHYTHM PHARMACEUTICALS INC
$4M49K3.5%
08
CELC
CELCUITY INC
$3M28K2.7%
09
ASND
ASCENDIS PHARMA A/S
$3M14K2.6%
10
PCOR
PROCORE TECHNOLOGIES INC
$3M53K2.5%

Filing history

2026Q1Mar 31
$121M 8.5%
24 positionsView →
2025Q4Dec 31
$112M 137.9%
27 positionsView →
2025Q3Sep 30
$47M 25.9%
16 positionsView →
2025Q2Jun 30
$63M 3.6%
20 positionsLocked
2025Q1Mar 31
$61M 47.6%
21 positionsLocked
2024Q4Dec 31
$117M 0.7%
35 positionsLocked
2024Q3Sep 30
$116M 23.8%
38 positionsLocked
2024Q2Jun 30
$94M 13.2%
44 positionsLocked
2024Q1Mar 31
$108M 32.8%
45 positionsLocked
2023Q4Dec 31
$161M 30.0%
39 positionsLocked
2023Q3Sep 30
$123M 21.1%
39 positionsLocked
2023Q2Jun 30
$156M 6.5%
43 positionsLocked
Showing 12 of 20