VR Adviser, LLC
13F Reported Value
ⓘ$2.7B
Holdings
33
Latest Filing
2026-03-31
Filing Quarter
Q1 2026
Portfolio Overview
VR Adviser, LLC disclosed 33 positions worth $2.7B in its Form 13F-HR for Q1 2026, led by $APGE (Apogee Therapeutics, Inc.) at 26.7% of the equity portfolio, followed by $ERAS and $ORKA. During the quarter the fund opened 8 new positions and exited 2 — including a new stake in $DMRA and a full exit from $UPB. The portfolio is most concentrated in Healthcare (100.0% of disclosed assets). All figures are sourced directly from VR Adviser, LLC’s Form 13F-HR filing with the SEC under CIK 1615982.
AI Fund Analysis
DiversifyingSector Allocation
AUM History
Top Equity Holdings by Value
Quarterly Activity — Q1 2026
Click any card to unlockTop Holdings
- —
Quality
$714.9M8,493,321 sh - —
Quality
$265.1M16,382,812 sh - —
Quality
$203.5M4,148,428 sh - —
Quality
$185.9M3,685,448 sh - 25.9
Quality
$130.3M6,474,485 sh - 26.8
Quality
$99.0M1,180,000 sh - —
Quality
$93.3M3,603,595 sh - 12.8
Quality
$87.6M10,346,926 sh - —
Quality
$77.0M2,000,000 sh - 30.5
Quality
$75.9M3,882,709 sh
| Company | Quality | Value | Shares |
|---|---|---|---|
 Apogee Therapeutics, Inc.$APGE | — | $714.9M | 8,493,321 |
 Erasca, Inc.$ERAS | — | $265.1M | 16,382,812 |
 Oruka Therapeutics, Inc.$ORKA | — | $203.5M | 4,148,428 |
 Spyre Therapeutics, Inc.$SYRE | — | $185.9M | 3,685,448 |
 KalVista Pharmaceuticals, Inc.$KALV | 25.9 | $130.3M | 6,474,485 |
 Dianthus Therapeutics, Inc. /DE/$DNTH | 26.8 | $99.0M | 1,180,000 |
 Damora Therapeutics, Inc.$DMRA | — | $93.3M | 3,603,595 |
 OCULAR THERAPEUTIX, INC$OCUL | 12.8 | $87.6M | 10,346,926 |
 Cogent Biosciences, Inc.$COGT | — | $77.0M | 2,000,000 |
 Viridian Therapeutics, Inc.\DE$VRDN | 30.5 | $75.9M | 3,882,709 |
Unlock AI quality scores for every holding
32-signal composite ranking on each of VR Adviser, LLC's 33 positions.
Showing top 10 of 33 holdings.
Sector Allocation
Healthcare
$2.7B
Full Holdings — VR Adviser, LLC (Q1 2026)
All 33 disclosed positions from the latest Form 13F-HR, with quarter-over-quarter share changes and 13F Pro quality scores. Sourced from SEC EDGAR.
| # | Ticker | Company | Value | Weight | QoQ | Quality |
|---|---|---|---|---|---|---|
| 1 | $APGE | Apogee Therapeutics, Inc. | $714.9M | 26.7% | +0% | — |
| 2 | $ERAS | Erasca, Inc. | $265.1M | 9.9% | -8% | — |
| 3 | $ORKA | Oruka Therapeutics, Inc. | $203.5M | 7.6% | +0% | — |
| 4 | $SYRE | Spyre Therapeutics, Inc. | $185.9M | 6.9% | +0% | — |
| 5 | $KALV | KalVista Pharmaceuticals, Inc. | $130.3M | 4.9% | -4% | 25.9 |
| 6 | $DNTH | Dianthus Therapeutics, Inc. /DE/ | $99.0M | 3.7% | +18% | 26.8 |
| 7 | $DMRA | Damora Therapeutics, Inc. | $93.3M | 3.5% | NEW | — |
| 8 | $OCUL | OCULAR THERAPEUTIX, INC | $87.6M | 3.3% | +41% | 12.8 |
| 9 | $COGT | Cogent Biosciences, Inc. | $77.0M | 2.9% | +0% | — |
| 10 | $VRDN | Viridian Therapeutics, Inc.\DE | $75.9M | 2.8% | +0% | 30.5 |
| 11 |  $SVRA | Savara Inc | $75.0M | 2.8% | +0% | — |
| 12 |  $ELVN | Enliven Therapeutics, Inc. | $67.7M | 2.5% | -46% | — |
| 13 |  $ORIC | Oric Pharmaceuticals, Inc. | $54.7M | 2.0% | -24% | — |
| 14 |  $VOR | Vor Biopharma Inc. | $54.3M | 2.0% | +56% | — |
| 15 |  $MAZE | Maze Therapeutics, Inc. | $47.8M | 1.8% | +3% | 19.7 |
| 16 |  $CTMX | CytomX Therapeutics, Inc. | $46.9M | 1.8% | -36% | 19.1 |
| 17 |  $JBIO | Jade Biosciences, Inc. | $45.2M | 1.7% | +0% | — |
| 18 |  $DYN | Dyne Therapeutics, Inc. | $39.4M | 1.5% | +0% | — |
| 19 |  $CBIO | CRESCENT BIOPHARMA, INC. | $39.2M | 1.5% | +0% | 28 |
| 20 |  $ZURA | Zura Bio Ltd | $38.3M | 1.4% | +20% | — |
| 21 |  $RLMD | RELMADA THERAPEUTICS, INC. | $33.7M | 1.3% | NEW | — |
| 22 |  $ENGN | enGene Therapeutics Inc. | $32.5M | 1.2% | +0% | — |
| 23 |  $TENX | TENAX THERAPEUTICS, INC. | $26.8M | 1.0% | NEW | — |
| 24 |  $ANL | Adlai Nortye Ltd. | $22.2M | 0.8% | NEW | — |
| 25 |  $IPSC | Century Therapeutics, Inc. | $19.7M | 0.7% | NEW | 43.5 |
| 26 |  $CGEM | Cullinan Therapeutics, Inc. | $19.6M | 0.7% | +0% | — |
| 27 |  $HELP | CYBIN INC. | $18.5M | 0.7% | +0% | — |
| 28 |  $SRZN | Surrozen, Inc./DE | $18.4M | 0.7% | +0% | — |
| 29 |  $SEPN | Septerna, Inc. | $12.2M | 0.5% | -17% | 44.6 |
| 30 |  $KRRO | Korro Bio, Inc. | $11.4M | 0.4% | NEW | 5.8 |
| 31 |  $ANRO | Alto Neuroscience, Inc. | $11.2M | 0.4% | NEW | — |
| 32 |  $ARTV | Artiva Biotherapeutics, Inc. | $10.4M | 0.4% | +0% | — |
| 33 |  $XFOR | X4 Pharmaceuticals, Inc | $1.4M | 0.1% | NEW | 29.3 |
New Positions (8)
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