Patient Square Capital LP
Sector Allocation
- Healthcare99.3%$641.1M
- Other0.7%$4.4M
AUM History
13fpro.ai/research/fund/patient-square-capital-lp-1819257
Conviction and streaks
Concentrating · top 10 = 80.1%From the fund's last 12 quarters of 13F filings: positions held longest at size, and names it added to or trimmed several quarters running.
Largest positions — Q2 2026
ROIV
$283.9MRVMD
$51.7MMIRM
$30.5MABVX
$27.5MONC
$25.7MPHVS
$23.2MARGX
$21.3MUTHR
$20.1MBLTE
$16.9MCOGT
$16.4MDBVT
$14.9MXENE
$13.3MBNTX
$12.5MRCUS
$11.0MELVN
$10.8MDNTH
$10.5MALLO
$10.5MEYPT
$10.3MARQT
$9.7MCCCC
$7.5M
Top 20 stock positions. Options are left out: 13F reports them at the underlying's value.
13fpro.ai/research/fund/patient-square-capital-lp-1819257
Patient Square Capital LP 13F holdings — Q2 2026
$645.5M portfolio (+14.5% QoQ) · 23 holdings · Q2 2026 13F · top 10 are 80% of the stock portfolio
$283.9M
44.0% of stocks
-2%This quarter-0.3%Since filed10+ qtrsHeld$51.7M
8.0% of stocks
NewThis quarter-10.4%Since filedNew this quarterHeld$30.5M
4.7% of stocks
+13%This quarter-15.9%Since filed7 qtrsHeld$27.5M
4.3% of stocks
+70%This quarter-31.1%Since filed4 qtrsHeld$25.7M
4.0% of stocks
+12%This quarter+3.3%Since filed3 qtrsHeld$23.2M
3.6% of stocks
+36%This quarter-13.5%Since filed8 qtrsHeld$21.3M
3.3% of stocks
-37%This quarter-0.8%Since filed5 qtrsHeld$20.1M
3.1% of stocks
NewThis quarter+15.8%Since filedNew this quarterHeld$16.9M
2.6% of stocks
-6%This quarter-19.9%Since filed2 qtrsHeld$16.4M
2.5% of stocks
-29%This quarter-20.7%Since filed3 qtrsHeld
All holdings — Patient Square Capital LP (Q2 2026)
23 disclosed positions from the Form 13F-HR on SEC EDGAR, with quarter-over-quarter share changes. Largest by value first; the ten above are not repeated.
| # | Company | Held | Source | |||||||
|---|---|---|---|---|---|---|---|---|---|---|
| 11 | DBV Technologies S.A.adr | Healthcare | $14.9M | 2.3% | 909K | +31% | 3 qtrsAdded 3 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 12 | Xenon Pharmaceuticals Inc. | Healthcare | $13.3M | 2.1% | 220K | -3% | 3 qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 13 | BioNTech SEadr | Healthcare | $12.5M | 1.9% | 134K | New | 1 qtr | AI quality score is Pro: unlock with a free trial | 13F | |
| 14 | Arcus Biosciences, Inc. | Healthcare | $11.0M | 1.7% | 356K | +82% | 3 qtrsAdded 3 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 15 | Enliven Therapeutics, Inc. | Healthcare | $10.8M | 1.7% | 213K | +6% | 8 qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 16 | Dianthus Therapeutics, Inc. /DE/ | Healthcare | $10.5M | 1.6% | 108K | +15% | 4 qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 17 | Allogene Therapeutics, Inc. | Healthcare | $10.5M | 1.6% | 5.05M | +46% | 7 qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 18 | EyePoint, Inc. | Healthcare | $10.3M | 1.6% | 720K | -9% | 8 qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 19 | Arcutis Biotherapeutics, Inc. | Healthcare | $9.7M | 1.5% | 370K | -8% | 3 qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 20 | C4 Therapeutics, Inc. | Healthcare | $7.5M | 1.2% | 1.61M | New | 1 qtr | AI quality score is Pro: unlock with a free trial | 13F | |
| 21 | Inventiva S.A.adr | Healthcare | $7.4M | 1.1% | 1.97M | New | 1 qtr | AI quality score is Pro: unlock with a free trial | 13F | |
| 22 | Kymera Therapeutics, Inc. | Healthcare | $5.4M | 0.8% | 48K | -53% | 6 qtrsTrimmed 2 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 23 | — | FAETH THERAPEUTICS INC - COM NEW | — | $4.4M | 0.7% | 175K | New | — | — | 13F |
What changed in Q2 2026
Against the previous quarter's 13F: 6 new, 9 added to, 8 trimmed, 12 sold out. Share-count changes; largest moves by dollar size first.
New positions (6)
first bought this quarter
first bought this quarter
first bought this quarter
first bought this quarter
$IVAInventiva S.A.$7.4M
first bought this quarter
- FAETH THERAPEUTICS INC - COM NEW$4.4M
first bought this quarter
Added to (9)
now $27.5M · held 4 qtrs
now $23.2M · held 8 qtrs
now $11.0M · held 3 qtrs, 3 adds in a row
now $30.5M · held 7 qtrs
now $14.9M · held 3 qtrs, 3 adds in a row
now $10.5M · held 7 qtrs
+3 more in the Excel export
Trimmed (8)
now $21.3M · held 5 qtrs
now $16.4M · held 3 qtrs
$KYMRKymera Therapeutics, Inc.-53%
now $5.4M · held 6 qtrs, 2 trims in a row
now $283.9M · held 10+ qtrs
now $10.3M · held 8 qtrs
now $16.9M · held 2 qtrs
+2 more in the Excel export
Holdings by quarter
Every 13F Patient Square Capital LP has filed, 14 earlier quarters. Pick one to see what it held then.
Is it too late to follow Patient Square Capital?
Q2 2026 13F filed with the SEC on Aug 12, 2026. Prices are closing prices as of Oct 26, 2026.
Average quality of Patient Square Capital's top 20 holdings: 37/100 (our AI quality score, weighted by position size; 9 of the 20 are scored)
Top 10 since filing
-5.0%
Value-weighted move of the 10 largest stock positions
Turnover
23%
Last quarter; 86% over the last 4
Top 10 weight
80%
Share of the stock portfolio in its 10 largest positions
Held 4+ quarters
68%
Share of portfolio value in positions held a year or more
Highest-quality names it owns(among its 100 largest positions)
The 8 highest-scoring companies in this portfolio are a Pro feature.
How these are measured
- Moves since the quarter-end and since the filing date use our own daily closing prices, from the close on (or just before) each date to the latest close.
- Turnover is the lesser of shares bought or sold in a quarter, valued at the quarter-end prices in the 13F, divided by the average of the two quarters' stock portfolio values.
- Quarters held and add/trim streaks count back only through quarters whose filed holdings add up to the filing's own cover-page total (back to Q1 2024 for this fund). A change counts as an add or a trim when the split-adjusted share count moves by more than 1%.
- Estimate, not the fund's reported cost. For each quarter in the current holding period in which the fund's share count rose (split-adjusted), we take that quarter's average daily close and weight it by the shares added; sales do not change an average cost. Quarters where the stock's price history and the 13F's own implied price disagree by more than 2x are left out.
- Put and call option rows report the value of the underlying shares, not a position the fund paid for, so they are left out of all of the above.
Portfolio Overview
Patient Square Capital LP disclosed 23 positions worth $645.5M in its Form 13F-HR for Q2 2026, led by $ROIV (Roivant Sciences Ltd.) at 44.0% of the equity portfolio, followed by $RVMD and $MIRM. During the quarter the fund opened 6 new positions and exited 12 — including a new stake in $RVMD and a full exit from $INSM. The portfolio is most concentrated in Healthcare (99.3% of disclosed assets). All figures are sourced directly from Patient Square Capital LP’s Form 13F-HR filing with the SEC under CIK 1819257.
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AI-Powered Hedge Fund Analysis: Patient Square Capital LP
13F Pro is an AI hedge fund tracker and stock research platform. For Patient Square Capital LP (SEC CIK: 1819257), the platform ingests every quarterly Form 13F filing and applies AI-powered analysis on top — 10 specialized AI analysts (value, growth, momentum, macro, activist, and more) debate the fund's top positions and publish AI-generated analysis with cited SEC sources.
Every holding in Patient Square Capital LP's portfolio is scored on an AI quality ranking built from its SEC filings (ROIC, FCF margin, revenue growth, institutional flow, earnings quality, shareholder dilution, and more). Track accumulation and distribution quarter over quarter, identify conviction positions, and see AI stock analysis for each position — alongside 8,700+ other institutional filers and 2,800+ AI-ranked companies.