We are live on
!
Find out more
FLAM
First Light Asset Management Portfolio holdings
AUM
$1.12B
1-Year Est. Return
114.45%
This Fund
S&P 500
This Quarter
Est. Return
-17%
1 Year Est. Return
+114.45%
3 Year Est. Return
+266.49%
5 Year Est. Return
+454.92%
10 Year Est. Return
+8,470.94%
AUM
$1.05B
AUM Growth
-$223M
(-17%)
Cap. Flow
+$34.7M
Cap. Flow
% of AUM
3.3%
Top 10 Holdings %
Top 10 Hldgs %
48.18%
Holding
82
New
3
Increased
31
Reduced
13
Closed
7
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Tactile Systems Technology
TCMD
|
+$26.6M |
| 2 |
Tandem Diabetes Care
TNDM
|
+$23.1M |
| 3 |
Ultragenyx Pharmaceutical
RARE
|
+$21.2M |
| 4 |
Pliant Therapeutics
PLRX
|
+$19.5M |
| 5 |
KRTX
Karuna Therapeutics, Inc. Common Stock
KRTX
|
+$17.7M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
RETA
Reata Pharmaceuticals, Inc. Class A Common Stock
RETA
|
+$146M |
| 2 |
ABCM
Abcam PLC
ABCM
|
+$17.4M |
| 3 |
Krystal Biotech
KRYS
|
+$11.9M |
| 4 |
Halozyme
HALO
|
+$11.1M |
| 5 |
Orthofix Medical
OFIX
|
+$10.9M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 95.63% |
| 2 | Communication Services | 4.37% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
51
Exelixis
EXEL
$13.3B
| $403K | 0.04% |
18,445
| – | – |
|
52
Takeda Pharmaceutical
TAK
$54.6B
| $396K | 0.04% |
25,630
| – | – |
|
53
Elevance Health
ELV
$81.5B
| $386K | 0.04% |
886
| – | – |
|
54
Centene
CNC
$30.7B
| $380K | 0.04% |
5,521
| – | – |
|
55
Enovis
ENOV
$1.68B
| $380K | 0.04% |
7,203
| – | – |
|
56
AbbVie
ABBV
$443B
| $379K | 0.04% |
+2,540
| New | +$373K |
|
57
Smith & Nephew
SNN
$13.3B
| $374K | 0.04% |
15,111
| – | – |
|
58
GSK
GSK
$104B
| $365K | 0.03% |
10,058
| – | – |
|
59
Gilead Sciences
GILD
$162B
| $339K | 0.03% |
4,526
| – | – |
|
60
Johnson & Johnson
JNJ
$618B
| $337K | 0.03% |
2,161
| – | – |
|
61
Medtronic
MDT
$109B
| $328K | 0.03% |
4,188
| – | – |
|
62
Viatris
VTRS
$20.4B
| $325K | 0.03% |
33,010
| – | – |
|
63
QuidelOrtho
QDEL
$1.14B
| $311K | 0.03% |
4,257
| – | – |
|
64
Avantor
AVTR
$9.32B
| $308K | 0.03% |
14,596
| – | – |
|
|
BAY
65
DELISTED
BAYER AG SPONS ADR
BAY
| $306K | 0.03% |
25,475
| – | – |
|
66
United Therapeutics
UTHR
$25.8B
| $304K | 0.03% |
1,345
| – | – |
|
67
HCA Healthcare
HCA
$87.2B
| $285K | 0.03% |
1,160
| – | – |
|
68
Biogen
BIIB
$30B
| $282K | 0.03% |
1,096
| – | – |
|
69
Dentsply Sirona
XRAY
$2.68B
| $281K | 0.03% |
8,228
| – | – |
|
70
Qiagen
QGEN
$8.54B
| $280K | 0.03% |
6,518
| – | – |
|
71
Integra LifeSciences
IART
$1.29B
| $277K | 0.03% |
7,261
| – | – |
|
|
PDCO
72
DELISTED
Patterson Companies, Inc.
PDCO
| $275K | 0.03% |
9,264
| – | – |
|
73
Revvity
RVTY
$12.6B
| $246K | 0.02% |
2,223
| – | – |
|
74
Labcorp
LH
$25.4B
| $245K | 0.02% |
1,218
-200
| -14% | -$42.2K |
|
75
Organon & Co
OGN
$3.56B
| $221K | 0.02% |
12,716
| – | – |
|
Similar funds
AIM
MTCM
CNC
C
RIM
CT
SL
HH
First Light Asset Management's Q3 2023 Portfolio in Review
As of Q3 2023, First Light Asset Management held 82 positions worth $1.05B, down 17% from $1.28B the previous quarter. Its ten largest holdings account for 48% of the portfolio.
First Light Asset Management deployed $34.7M of net new capital in Q3 2023, opening 3 new positions and adding to 31 existing holdings. Its largest new stake was Structure Therapeutics: 374,412 shares worth $18.9M.
By sector, the portfolio is most concentrated in Healthcare at 96% of assets, up from 95% a quarter earlier, followed by Communication Services.
On the sell side, the largest reduction was Halozyme, an estimated $11.1M trimmed.
- First Light Asset Management's largest Q3 2023 buy was Structure Therapeutics: 374,412 shares worth $18.9M.
- First Light Asset Management added most to Tactile Systems Technology in Q3 2023, an estimated $26.6M increase.
- First Light Asset Management's biggest Q3 2023 reduction was Halozyme, cutting an estimated $11.1M.
- First Light Asset Management fully exited Reata Pharmaceuticals, Inc. Class A Common Stock in Q3 2023, selling an estimated $146M.
- First Light Asset Management's ten largest holdings make up 48% of its $1.05B portfolio in Q3 2023.
- First Light Asset Management opened 3 new positions and closed 7 in Q3 2023.
- First Light Asset Management's portfolio value fell 17% quarter-over-quarter to $1.05B.
Based on First Light Asset Management's 13F filing for Q3 2023, filed 14 Nov 2023.