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Filers›Family Office›TANG CAPITAL MANAGEMENT LLC
DOSSIER · 13F-HR · Q1 2026

TANG CAPITAL MANAGEMENT LLC

TANG's family office based in San Francisco, CA — $2.0B in tracked AUM across 51 positions as of Q1 2026.

T
TANG·San Francisco, CA·Family Office
CIK 0001232621 · last filed Mar 31, 2026
Total AUM
$2.0B
▲ 19.6%
vs prior
Holdings
51
—
positions
Whale Score
70
70
strong
Activity
—
no data
changes this Q
Top sector
Tech
6% weight
concentration
AI Analysis · Q1 2026 · Q1 2026

Portfolio Overview

Tang Capital Management LLC manages a concentrated portfolio valued at approximately $2.01 billion as of the report date September 30, 2025. The portfolio experienced modest growth of 1.6% from the previous quarter, increasing from $1.98 billion. The fund maintains a focused approach with 122 total holdings, indicating a strategy that balances diversification with meaningful exposure to specific convictions. The portfolio construction suggests a specialized investment man...

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
AUPH
AURINIA PHARMACEUTICALS INC
$181M12.2M9.2%
02
CELC
CELCUITY INC
$120M1.1M6.1%
03
MIRM
MIRUM PHARMACEUTICALS INC
$114M1.2M5.8%
04
GLPG
GALAPAGOS NV
$114M3.8M5.8%
05
SPY
STATE STR SPDR S&P 500 ETF T
$109M168K5.5%
06
G52694109
KINIKSA PHARMACEUTICALS INTL
$109M2.3M5.5%
07
CAPR
CAPRICOR THERAPEUTICS INC
$103M3.4M5.2%
08
PTCT
PTC THERAPEUTICS INC
$102M1.5M5.2%
09
SYRE
SPYRE THERAPEUTICS INC
$95M1.9M4.8%
10
KALV
KALVISTA PHARMACEUTICALS INC
$92M4.6M4.7%

Filing history

Filing history loading…
AI Agent · grounded in TANG
haiku-4-5 · 51 positions indexed
Sector mix
  • Tech6%
  • Financials18%
  • Health Care24%
  • Cons. Disc.9%
  • Energy7%
  • Other36%
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