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
-0.86%
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
$1.14B
AUM Growth
-$165M
Cap. Flow
-$89.3M
Cap. Flow %
-7.83%
Top 10 Hldgs %
42.55%
Holding
55
New
5
Increased
22
Reduced
16
Closed
11

Top Buys

Rank Stock Value
1
FNA
Paragon 28, Inc.
FNA
+$37M
2
LIVN icon
LivaNova
LIVN
+$34.6M
3
EVH icon
Evolent Health
EVH
+$29.5M
4
VERA icon
Vera Therapeutics
VERA
+$22.6M
5
HCAT icon
Health Catalyst
HCAT
+$20.7M

Top Sells

Rank Stock Value
1
SWAV
Shockwave Medical, Inc. Common Stock
SWAV
+$52.6M
2
TMDX icon
Transmedics
TMDX
+$49.3M
3
IRTC icon
iRhythm Holdings
IRTC
+$48.8M
4
NTRA icon
Natera
NTRA
+$29.2M
5
MODN
MODEL N, INC.
MODN
+$25.5M

Sector Composition

Rank Sector Weight
1 Healthcare 97.29%
2 Industrials 2.71%
3 Communication Services 0%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
VTYX
51
DELISTED
Ventyx Biosciences
VTYX
– –
-624,842
Closed -$3.44M
MODN
52
DELISTED
MODEL N, INC.
MODN
– –
-894,241
Closed -$25.5M
SWAV
53
DELISTED
Shockwave Medical, Inc. Common Stock
SWAV
– –
-161,484
Closed -$52.6M
ALPN
54
DELISTED
Alpine Immune Sciences Inc
ALPN
– –
-501,243
Closed -$19.9M
SCTL
55
DELISTED
Societal CDMO, Inc. Common Stock
SCTL
– –
-19,676,396
Closed -$21.3M
1 2
3

Similar funds

AIM
Advyzon Investment Management Lisle, Illinois $1.12B AUM 22.08% 1-Year Est. Return
MTCM
Mint Tower Capital Management Amsterdam, Netherlands $1.12B AUM 19.06% 1-Year Est. Return
CNC
Canandaigua National Corp Canandaigua, New York $1.12B AUM
C
Chescapmanager Baltimore, Maryland $1.12B AUM 67.49% 1-Year Est. Return
RIM
Rockbridge Investment Management Syracuse, New York $1.11B AUM 13.62% 1-Year Est. Return
CT
Caldwell Trust Venice, Florida $1.12B AUM 21.31% 1-Year Est. Return
SL
Salomon & Ludwin Richmond, Virginia $1.12B AUM 14.38% 1-Year Est. Return
HH
Hilltop Holdings Dallas, Texas $1.11B AUM 24.7% 1-Year Est. Return

First Light Asset Management's Q2 2024 Portfolio in Review

As of Q2 2024, First Light Asset Management held 55 positions worth $1.14B, down 13% from $1.31B the previous quarter. Its ten largest holdings account for 43% of the portfolio.

First Light Asset Management withdrew a net $89.3M in Q2 2024, closing 11 positions and reducing 16 holdings. Its most notable exit was Shockwave Medical, Inc. Common Stock, an estimated $52.6M position sold in full.

By sector, the portfolio is most concentrated in Healthcare at 97% of assets, up from 96% a quarter earlier, followed by Industrials and Communication Services.

Against the trend, First Light Asset Management opened a new position in Savara worth $8.07M.

  • First Light Asset Management's largest Q2 2024 buy was Savara: 2,002,219 shares worth $8.07M.
  • First Light Asset Management added most to Paragon 28, Inc. in Q2 2024, an estimated $37M increase.
  • First Light Asset Management's biggest Q2 2024 reduction was Transmedics, cutting an estimated $49.3M.
  • First Light Asset Management fully exited Shockwave Medical, Inc. Common Stock in Q2 2024, selling an estimated $52.6M.
  • First Light Asset Management's ten largest holdings make up 43% of its $1.14B portfolio in Q2 2024.
  • First Light Asset Management opened 5 new positions and closed 11 in Q2 2024.
  • First Light Asset Management's portfolio value fell 13% quarter-over-quarter to $1.14B.

Based on First Light Asset Management's 13F filing for Q2 2024, filed 14 Aug 2024.