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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
-12.67%
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
$586M
AUM Growth
-$197M
Cap. Flow
-$56.9M
Cap. Flow %
-9.71%
Top 10 Hldgs %
50.11%
Holding
80
New
11
Increased
14
Reduced
24
Closed
16

Top Buys

Rank Stock Value
1
SPNE
SeaSpine Holdings Corporation Common Stock
SPNE
+$35.1M
2
PFNX
Pfenex Inc.
PFNX
+$25.7M
3
CDNA icon
CareDx
CDNA
+$24.3M
4
IOVA icon
Iovance Biotherapeutics
IOVA
+$14.1M
5
IMMU
Immunomedics Inc
IMMU
+$13M

Top Sells

Rank Stock Value
1
OMCL icon
Omnicell
OMCL
+$37.1M
2
MODN
MODEL N, INC.
MODN
+$30.2M
3
MYOK
MyoKardia, Inc. Common Stock
MYOK
+$26.4M
4
PTLA
Portola Pharmaceuticals, Inc.
PTLA
+$24.1M
5
NEO icon
NeoGenomics
NEO
+$21.8M

Sector Composition

Rank Sector Weight
1 Healthcare 77.23%
2 Communication Services 3.51%
3 Industrials 1.19%
4 Energy 0.34%
5 Financials 0%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
XNCR icon
76
Xencor
XNCR
$1.5B
– –
-333,855
Closed -$11.5M
CSII
77
DELISTED
Cardiovascular Systems, Inc.
CSII
– –
-105,438
Closed -$5.12M
TLGT
78
DELISTED
Teligent, Inc
TLGT
– –
-167,150
Closed -$712K
PTLA
79
DELISTED
Portola Pharmaceuticals, Inc.
PTLA
– –
-1,008,957
Closed -$24.1M
ELGX
80
DELISTED
Endologix Inc
ELGX
– –
-2,885,081
Closed -$4.56M
1 2 3
4

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CNC
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C
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RIM
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First Light Asset Management's Q1 2020 Portfolio in Review

As of Q1 2020, First Light Asset Management held 80 positions worth $586M, down 25% from $782M the previous quarter. Its ten largest holdings account for 50% of the portfolio.

First Light Asset Management withdrew a net $56.9M in Q1 2020, closing 16 positions and reducing 24 holdings. Its most notable exit was Omnicell, an estimated $37.1M position sold in full.

By sector, the portfolio is most concentrated in Healthcare at 77% of assets, up from 73% a quarter earlier, followed by Communication Services and Industrials.

Against the trend, First Light Asset Management opened a new position in Pfenex Inc. worth $20.6M.

  • First Light Asset Management's largest Q1 2020 buy was Pfenex Inc.: 2,339,671 shares worth $20.6M.
  • First Light Asset Management added most to SeaSpine Holdings Corporation Common Stock in Q1 2020, an estimated $35.1M increase.
  • First Light Asset Management's biggest Q1 2020 reduction was MODEL N, INC., cutting an estimated $30.2M.
  • First Light Asset Management fully exited Omnicell in Q1 2020, selling an estimated $37.1M.
  • First Light Asset Management's ten largest holdings make up 50% of its $586M portfolio in Q1 2020.
  • First Light Asset Management opened 11 new positions and closed 16 in Q1 2020.
  • First Light Asset Management's portfolio value fell 25% quarter-over-quarter to $586M.

Based on First Light Asset Management's 13F filing for Q1 2020, filed 15 May 2020.