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FLAM
First Light Asset Management Portfolio holdings
AUM
$1.65B
1-Year Est. Return
203.21%
This Fund
S&P 500
This Quarter
Est. Return
+16.51%
1 Year Est. Return
+203.21%
3 Year Est. Return
+364.25%
5 Year Est. Return
+595.91%
10 Year Est. Return
+10,683%
AUM
$1.31B
AUM Growth
+$63.1M
(+5.1%)
Cap. Flow
+$10.4M
Cap. Flow
% of AUM
0.8%
Top 10 Holdings %
Top 10 Hldgs %
44.12%
Holding
87
New
12
Increased
18
Reduced
18
Closed
37
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Natera
NTRA
|
+$36.9M |
| 2 |
iRhythm Holdings
IRTC
|
+$30.2M |
| 3 |
CNTA
Centessa Pharmaceuticals
CNTA
|
+$28.4M |
| 4 |
Insulet
PODD
|
+$28.2M |
| 5 |
Privia Health
PRVA
|
+$23.3M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
KRTX
Karuna Therapeutics, Inc. Common Stock
KRTX
|
+$90.9M |
| 2 |
AXNX
Axonics, Inc. Common Stock
AXNX
|
+$19.8M |
| 3 |
Prothena Corp
PRTA
|
+$19.2M |
| 4 |
BioMarin Pharmaceuticals
BMRN
|
+$17.9M |
| 5 |
MODN
MODEL N, INC.
MODN
|
+$17.1M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 95.53% |
| 2 | Industrials | 2.52% |
| 3 | Communication Services | 1.95% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
51
AbbVie
ABBV
$465B
| – | – |
-2,540
| Closed | -$394K |
|
52
Biohaven
BHVN
$1.86B
| – | – |
-383,757
| Closed | -$16.4M |
|
53
Biogen
BIIB
$31.9B
| – | – |
-1,096
| Closed | -$284K |
|
|
54
BioMarin Pharmaceuticals
BMRN
$12.5B
| – | – |
-185,579
| Closed | -$17.9M |
|
55
Centene
CNC
$33.4B
| – | – |
-5,521
| Closed | -$410K |
|
56
Elevance Health
ELV
$90.6B
| – | – |
-886
| Closed | -$418K |
|
57
Enovis
ENOV
$1.03B
| – | – |
-7,203
| Closed | -$404K |
|
58
Exelixis
EXEL
$14.1B
| – | – |
-18,445
| Closed | -$442K |
|
59
Fresenius Medical Care
FMS
$12.2B
| – | – |
-19,490
| Closed | -$406K |
|
60
Gilead Sciences
GILD
$181B
| – | – |
-4,526
| Closed | -$367K |
|
61
GSK
GSK
$100B
| – | – |
-10,058
| Closed | -$373K |
|
62
Halozyme
HALO
$12.1B
| – | – |
-134,050
| Closed | -$4.95M |
|
63
HCA Healthcare
HCA
$91.8B
| – | – |
-1,160
| Closed | -$314K |
|
64
Humana
HUM
$47.6B
| – | – |
-888
| Closed | -$407K |
|
65
Integra LifeSciences
IART
$1.22B
| – | – |
-7,261
| Closed | -$316K |
|
66
iShares Russell 2000 Growth ETF
IWO
$14.1B
| – | – |
-5,929
| Closed | -$1.5M |
|
67
Johnson & Johnson
JNJ
$644B
| – | – |
-2,161
| Closed | -$339K |
|
68
OrthoPediatrics
KIDS
$607M
| – | – |
-297,509
| Closed | -$9.67M |
|
69
Labcorp
LH
$26.3B
| – | – |
-1,218
| Closed | -$277K |
|
70
Medtronic
MDT
$120B
| – | – |
-4,188
| Closed | -$345K |
|
71
Novartis
NVS
$263B
| – | – |
-4,123
| Closed | -$416K |
|
72
Organon & Co
OGN
$3.59B
| – | – |
-12,716
| Closed | -$183K |
|
73
Olema Pharmaceuticals
OLMA
$856M
| – | – |
-631,064
| Closed | -$8.85M |
|
74
QuidelOrtho
QDEL
$729M
| – | – |
-4,257
| Closed | -$314K |
|
75
Qiagen
QGEN
$8.77B
| – | – |
-6,518
| Closed | -$300K |
|
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First Light Asset Management's Q1 2024 Portfolio in Review
As of Q1 2024, First Light Asset Management held 87 positions worth $1.31B, up 5.1% from $1.24B the previous quarter. Its ten largest holdings account for 44% of the portfolio.
First Light Asset Management's Q1 2024 filing shows 12 new, 18 increased, 18 reduced and 37 closed positions. Its largest new stake was Centessa Pharmaceuticals: 3,002,045 shares worth $33.9M. The largest sale was Karuna Therapeutics, Inc. Common Stock, an estimated $90.9M.
By sector, the portfolio is most concentrated in Healthcare at 96% of assets, down from 96% a quarter earlier, followed by Industrials and Communication Services.
- First Light Asset Management's largest Q1 2024 buy was Centessa Pharmaceuticals: 3,002,045 shares worth $33.9M.
- First Light Asset Management added most to Natera in Q1 2024, an estimated $36.9M increase.
- First Light Asset Management's biggest Q1 2024 reduction was Prothena Corp, cutting an estimated $19.2M.
- First Light Asset Management fully exited Karuna Therapeutics, Inc. Common Stock in Q1 2024, selling an estimated $90.9M.
- First Light Asset Management's ten largest holdings make up 44% of its $1.31B portfolio in Q1 2024.
- First Light Asset Management opened 12 new positions and closed 37 in Q1 2024.
- First Light Asset Management's portfolio value rose 5.1% quarter-over-quarter to $1.31B.
Based on First Light Asset Management's 13F filing for Q1 2024, filed 15 May 2024.