Prosight Management, LP

The portfolio is highly concentrated, with the top 10 positions accounting for approximately 61.8% of total assets. The largest single holding, Galapagos NV, constitutes 10.89% of the portfolio, indicating a high-conviction approach where the firm is willing to take meaningful idiosyncratic risk on specific names. The turnover for the quarter was significant, with 33 out of 34 positions seeing changes in share count (either increases, decreases, or complete exits), signaling an active management style focused on constant re-evaluation of the risk/reward profile of its holdings.

2. Key Holdings