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13F holdings · Q2 2026

Velan Capital Investment Management

Alpharetta, GA · files as Velan Capital Investment Management LP
Holdings as of Jun 30, 2026Filed Aug 14, 2026Next filing due Nov 16, 2026CIK 1848809

Velan Capital Investment Management reported 50 stocks worth $163M in its 13F filing for Q2 2026, filed Aug 14, 2026. Its largest holdings are PRAX (18.2%), MPLT (10.8%) and STRO (10.4%). Compared with Q1 2026, the fund opened new positions in CCCC, ADMA and RNTX, added to IMMX, TARA and EVMN, trimmed PRAX, ABVX and TENX and sold out of KZIA, ARWR and DSGN.

Reported value$163M+2.2% vs last quarter
Stocks held506 new · 5 sold out
Top 5 weight53.0%fairly concentrated
Turnover20%of the portfolio changed
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Holdings

#StockValueWeightSharesChangeShares, 8 qtrsHeld
1
PRAX
Praxis Precision Medicines I
$29.7M18.2%89K−12K (−12%)8 of 8
2
MPLT
Maplight Therapeutics Inc
$17.7M10.8%493KNo change3 of 8
3
STRO
Sutro Biopharma Inc
$17M10.4%512KNo change3 of 8
4
IMMX
Immix Biopharma Inc
$11.2M6.8%1.1M+345K (+47%)5 of 8
5
TARA
Protara Therapeutics Inc
$10.9M6.7%2.8M+10K (+0%)8 of 8
6
ABVX
Abivax SA
$8.7M5.4%66K−11K (−15%)4 of 8
7
TENX
Tenax Therapeutics Inc
$8M4.9%550K−33K (−6%)8 of 8
8
AVR
Anteris Technologies Global
$6.9M4.2%700KNo change2 of 8
9
EDSA
Edesa Biotech Inc
$6.7M4.1%828KNo change6 of 8
10
EVMN
Evommune Inc
$6M3.7%451K+5,000 (+1%)3 of 8
🔒 40 more holdings in this filing. Create a free account or sign in to see them all.

Positions at Jun 30, 2026, as reported. Change is against the fund's Q1 2026 filing; weight is the share of the fund's reported stocks.

Sold out

held in Q1 2026, gone in Q2 2026
StockValue last quarterShares sold
ESPERION THERAPEUTICS INC NE
$4.7M1.7M
KZIA
Kazia Therapeutics Ltd
$1M135K
ARWR
Arrowhead Pharmaceuticals in
$408K6,500
DSGN
Design Therapeutics Inc
$213K20K
PMVP
Pmv Pharmaceuticals Inc
$91K73K

Options

valued at the underlying shares
StockTypeValueSharesChange
TENX
Tenax Therapeutics Inc
Call$1000K69K+68,700

Reported value

last 8 quarters
$92.1MQ3 '24
$116MQ4 '24
$97.2MQ1 '25
$99.9MQ2 '25
$106MQ3 '25
$172MQ4 '25
$160MQ1 '26
$163MQ2 '26

The value of the US stocks the fund reported, at quarter end prices. It moves with the market as well as with buying and selling.

Filings for Q2 2026

straight from the SEC
FiledFormQuarter
Aug 14, 202613F-HRQ2 2026SEC filing ↗

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Velan Capital Investment Management 13F FAQ

What does Velan Capital Investment Management own?

Velan Capital Investment Management reported 50 stocks worth $163M in its 13F filing for Q2 2026, filed Aug 14, 2026. Its largest holdings are PRAX (18.2%), MPLT (10.8%) and STRO (10.4%). The table above lists every position in the filing (the top 10 without an account).

What did Velan Capital Investment Management buy and sell in Q2 2026?

Compared with Q1 2026: 6 new positions, 10 added to, 11 trimmed and 5 sold out. New positions include CCCC, ADMA and RNTX. It sold all of KZIA, ARWR and DSGN.

When will Velan Capital Investment Management file its next 13F?

Holdings as of Sep 30, 2026 are due by Nov 16, 2026. The filing appears on this page within minutes of reaching the SEC.

How much is Velan Capital Investment Management's portfolio worth?

The Q2 2026 filing reports $163M in US stocks. That leaves out cash, bonds, short positions and most foreign holdings, so the fund's total assets are usually larger.

For informational and educational purposes only. Not investment advice, and not a recommendation to buy or sell any security. Holdings come from the fund's SEC Form 13F filings as reported and show positions at the end of the quarter, up to 45 days before the filing. The fund may have changed its positions since. A 13F leaves out short positions, cash, bonds and most foreign holdings. See all hedge fund holdings.