Velan Capital Investment Management LP
•CIK: 1848809•Filing: Q4 2025
**Velan Capital Investment Management LP** manages $172M across a concentrated portfolio of 46 positions. The fund exhibits significant conviction in select names, with PRAX anchoring the top holding at $29.7M. Further notable allocations include CDTX at $23.9M and TARA at $15.1M, indicating a focused, high-conviction approach to generating alpha. This structure suggests an active, bottom-up investment mandate targeting specific sector opportunities.
Total AUM
$171.9M
+ $482.0K in options
QoQ Performance
+61.5%
Positions
45
+ 1 option
Top 10 Concentration
71.0%
Latest Filing
Q4 2025
Top Holdings Allocation
PRAX
CDTX
TARA
AXD2
MPLT
ABVX
EVMN
PRAX17.2%
CDTX13.9%
TARA8.8%
AXD26.6%
MPLT5.3%
ABVX5.2%
EVMN5.0%
MLYS3.2%
📈 Biggest Buys
📉 Biggest Sells
Sector Breakdown
Other100.0%
🚪 Exited Positionssold since Q3 2025
—
ZOOZ PWR LTD
SOLD
$4.3M
—
SUTRO BIOPHARMA INC
SOLD
$2.7M
+7 more exited positions
Changes from Q3 2025
NEW9 new positions
↑5 increased
↓5 decreased
Historical Filings
Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023