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Ghost Tree Capital, LLC

SEC CIK
0001595851
Latest filing
Nov 14, 2024

Holdings in Q1 2024

Holdings as of Mar 31, 2024, filed May 15, 2024. Long positions only; changes compare share counts with Q4 2023.

Institution overview
Positions
65
+21 vs. Q4 2023
Portfolio value
$311.1M
+$137.3M (+79.1%) vs. Q4 2023
Filed
May 15, 2024
SEC
Holdings of Ghost Tree Capital, LLC in Q1 2024
SecurityClassSharesValue% of portfolioShare changeActionHistory
AXSMAxsome Therapeutics, Inc.COM210,000$16.8M5.4%+45,000+27.3%AddedHistory
SRPTSarepta Therapeutics, Inc.COM125,000$16.2M5.2%+25,000+25.0%AddedHistory
BHVNBiohaven Ltd.COM285,000$15.6M5.0%+10,000+3.6%AddedHistory
MLTXMoonLake ImmunotherapeuticsCLASS A ORD300,000$15.1M4.8%+220,000+275.0%AddedHistory
ROIVRoivant Sciences Ltd.SHS1,300,000$13.7M4.4%+700,000+116.7%AddedHistory
TGTXTG Therapeutics, Inc.COM825,000$12.5M4.0%+575,000+230.0%AddedHistory
VRDNViridian Therapeutics, Inc.COM625,000$10.9M3.5%+325,000+108.3%AddedHistory
TARSTarsus Pharmaceuticals, Inc.COM300,000$10.9M3.5%00.0%UnchangedHistory
CRNXCrinetics Pharmaceuticals, Inc.COM200,000$9.36M3.0%+135,000+207.7%AddedHistory
ALNYAlnylam Pharmaceuticals, Inc.COM60,000$8.97M2.9%+32,500+118.2%AddedHistory
SLNOSoleno Therapeutics IncCOM200,000$8.56M2.8%+87,615+78.0%AddedHistory
SVRASavara IncCOM1,600,000$7.97M2.6%+850,000+113.3%AddedHistory
APLSApellis Pharmaceuticals, Inc.COM130,000$7.64M2.5%+130,000NewHistory
CATXPerspective Therapeutics, Inc.COM6,000,000$7.14M2.3%+4,400,000+275.0%AddedHistory
BPMCBlueprint Medicines CorpCOM72,761$6.90M2.2%+72,761NewHistory
JBIOJade Biosciences, Inc.COM225,000$6.65M2.1%+15,000+7.1%AddedHistory
PCVXVaxcyte, Inc.COM95,000$6.49M2.1%+25,000+35.7%AddedHistory
CABACabaletta Bio, Inc.COM375,000$6.40M2.1%+225,000+150.0%AddedHistory
VKTXViking Therapeutics, Inc.COM73,002$5.99M1.9%+73,002NewHistory
RYTMRhythm Pharmaceuticals, Inc.COM125,000$5.42M1.7%+125,000NewHistory
BBIOBridgeBio Pharma, Inc.COM175,000$5.41M1.7%+50,000+40.0%AddedHistory
REPLReplimune Group, Inc.COM650,000$5.31M1.7%+250,000+62.5%AddedHistory
PHATPhathom Pharmaceuticals, Inc.COM485,000$5.15M1.7%+99,759+25.9%AddedHistory
ACADAcadia Pharmaceuticals IncCOM225,000$4.16M1.3%+175,000+350.0%AddedHistory
INSMINSMED IncCOM PAR $.01150,000$4.07M1.3%+150,000NewHistory
TNYATenaya Therapeutics, Inc.COM775,000$4.05M1.3%+775,000NewHistory
IMVTImmunovant, Inc.COM125,000$4.04M1.3%+125,000NewHistory
SYRESpyre Therapeutics, Inc.COM NEW100,000$3.79M1.2%+100,000NewHistory
SNDXSyndax Pharmaceuticals IncCOM150,000$3.57M1.1%+150,000NewHistory
ENGNenGene Therapeutics Inc.COM200,000$3.39M1.1%+200,000NewHistory
CGONCG Oncology, Inc.COM75,000$3.29M1.1%+75,000NewHistory
GPCRStructure Therapeutics Inc.SPONSORED ADS75,000$3.21M1.0%−75,000−50.0%ReducedHistory
BBOTBridgeBio Oncology Therapeutics, Inc.CL A ORD SHS300,000$3.12M1.0%+300,000NewHistory
COGTCogent Biosciences, Inc.COM450,000$3.02M1.0%+255,000+130.8%AddedHistory
AQSTAquestive Therapeutics, Inc.COM702,941$2.99M1.0%+702,941NewHistory
DCPHDeciphera Pharmaceuticals, Inc.COM176,513$2.78M0.9%−48,487−21.5%ReducedHistory
TSHATaysha Gene Therapies, Inc.COM SHS950,000$2.73M0.9%−1,150,000−54.8%ReducedHistory
GERNGeron CorpCOM800,000$2.64M0.8%+800,000NewHistory
MRNSMarinus Pharmaceuticals, Inc.COM NEW285,000$2.58M0.8%+150,000+111.1%AddedHistory
ALTAltimmune, Inc.COM NEW250,000$2.54M0.8%+250,000NewHistory
RGNXREGENXBIO Inc.COM120,000$2.53M0.8%+120,000NewHistory
KRYSKrystal Biotech, Inc.COM14,000$2.49M0.8%−36,000−72.0%ReducedHistory
KALVKalVista Pharmaceuticals, Inc.COM200,000$2.37M0.8%+69,964+53.8%AddedHistory
NTRANatera, Inc.COM25,000$2.29M0.7%−10,000−28.6%ReducedHistory
OLMAOlema Pharmaceuticals, Inc.COM200,000$2.26M0.7%+200,000NewHistory
CRBPCorbus Pharmaceuticals Holdings, Inc.COM NEW56,941$2.23M0.7%+56,941NewHistory
RVNCRevance Therapeutics, Inc.COM450,000$2.21M0.7%+75,000+20.0%AddedHistory
PTGXProtagonist Therapeutics, IncCOM75,000$2.17M0.7%−50,000−40.0%ReducedHistory
EYPTEyePoint, Inc.COM NEW90,000$1.86M0.6%−75,000−45.5%ReducedHistory
MDGLMadrigal Pharmaceuticals, Inc.COM6,500$1.74M0.6%−8,500−56.7%ReducedHistory
ARVNArvinas, Inc.COM40,000$1.65M0.5%−19,250−32.5%ReducedHistory
ATXSAstria Therapeutics, Inc.COM115,000$1.62M0.5%−220,000−65.7%ReducedHistory
LRMRLarimar Therapeutics, Inc.COM210,603$1.60M0.5%+210,603NewHistory
CYTKCytokinetics IncCOM NEW20,000$1.40M0.5%+10,000+100.0%AddedHistory
CTMXCytomX Therapeutics, Inc.COM600,000$1.31M0.4%+600,000NewHistory
ELEVElevation Acquisition Group Inc.COM250,000$1.28M0.4%+250,000NewHistory
NGNENeurogene Inc.COM25,000$1.27M0.4%+25,000NewHistory
SGMTSagimet Biosciences Inc.COM SER A225,000$1.22M0.4%+225,000NewHistory
ATYRaTYR PHARMA INCCOM NEW600,000$1.17M0.4%+600,000NewHistory
PMVPPMV Pharmaceuticals, Inc.COM675,000$1.15M0.4%−50,000−6.9%ReducedHistory
ARWRArrowhead Pharmaceuticals, Inc.COM35,000$1.00M0.3%+35,000NewHistory
RAREUltragenyx Pharmaceutical Inc.COM20,000$933.8K0.3%+20,000NewHistory
QUREuniQure N.V.SHS165,000$858.0K0.3%00.0%UnchangedHistory
ANTXAN2 Therapeutics, Inc.COM219,331$712.8K0.2%+219,331NewHistory
NTLAIntellia Therapeutics, Inc.COM25,000$687.8K0.2%+25,000NewHistory

Options (7)

Puts and calls in the same filing. Amounts are the market value of the underlying shares, which is what 13F reports.

Option positions of Ghost Tree Capital, LLC in Q1 2024
SecurityClassPutsCalls
State Street SPDR S&P Biotech ETF78464A870ETF$23.7M–
VKTXViking Therapeutics, Inc.COM–$6.56M
CYTKCytokinetics IncCOM NEW–$5.26M
IMVTImmunovant, Inc.COM–$4.85M
ACADAcadia Pharmaceuticals IncCOM–$3.70M
ITCIIntra-Cellular Therapies, Inc.COM–$3.46M
RAPTRAPT Therapeutics, Inc.COM–$2.69M

Sold out since Q4 2023 (7)

Positions held at the end of Q4 2023 that are gone from this filing.

Positions of Ghost Tree Capital, LLC sold out since Q4 2023
SecurityClassShares in Q4 2023Value in Q4 2023% of portfolio in Q4 2023History
AMAMAmbrx Biopharma, Inc.COM475,000$6.76M3.9%History
ARGXArgenx SESPONSORED ADR15,000$5.71M3.3%History
ASNDAscendis Pharma A/SSPONSORED ADR20,000$2.52M1.5%History
CBAYCymaBay Therapeutics, Inc.COM90,000$2.13M1.2%History
INBXInhibrx Biosciences, Inc.COM35,000$1.33M0.8%History
BLUEbluebird bio, Inc.COM465,000$641.7K0.4%History
VRNAVerona Pharma plcSPONSORED ADS30,000$596.4K0.3%History