DEERFIELD MANAGEMENT COMPANY, L.P.
•CIK: 1009258•Filing: Q4 2025
Deerfield Management Company, L.P., led by David M. Herro, is known for its concentrated, long-term investment strategy, currently managing $7.8 billion in assets across 150 positions. Notably, the fund has recently increased its stakes in Praxair and GPC Biotech by 497% and 411%, respectively, while exiting positions in VYLD and BMY, reflecting a focus on industrial and biotech sectors.
Total AUM
$6.8B
+ $29.5M in options
QoQ Performance
+13.4%
Positions
139
+ 1 option
Top 10 Concentration
55.6%
Latest Filing
Q4 2025
Top Holdings Allocation
NUVL
NUVL25.2%
COGT4.7%
PRAX3.9%
CNC3.9%
VTRS3.7%
RVMD3.4%
UTH3.0%
VERA3.0%
📈 Biggest Buys
📉 Biggest Sells
Sector Breakdown
Other99.9%
Healthcare0.1%
🚪 Exited Positionssold since Q3 2025
+29 more exited positions
Changes from Q3 2025
NEW31 new positions
↑36 increased
↓43 decreased
Historical Filings
Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023