M28 Capital Management’s Wave Life Sciences WVE Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	$33.3M	Sell	4,588,284 -1,076,264	-19%	-$14M	61.83%	1
2025 Q4	$96.3M	Hold	5,664,548	–	–	70%	1
2025 Q3	$41.5M	Hold	5,664,548	–	–	60.97%	1
2025 Q2	$36.8M	Hold	5,664,548	–	–	62.8%	1
2025 Q1	$45.8M	Hold	5,664,548	–	–	62.72%	1
2024 Q4	$70.1M	Sell	5,664,548 -500,000	-8%	-$6.67M	68.79%	1
2024 Q3	$50.5M	Hold	6,164,548	–	–	55.55%	1
2024 Q2	$30.8M	Sell	6,164,548 -835,452	-12%	-$4.77M	39.88%	1
2024 Q1	$43.2M	Sell	7,000,000 -373,413	-5%	-$1.87M	31.91%	1
2023 Q4	$37.2M	Buy	7,373,413 +328,913	+5%	+$1.76M	30.85%	1
2023 Q3	$40.5M	Sell	7,044,500 -5,500	-0.1%	-$25.1K	46.45%	1
2023 Q2	$25.7M	Buy	7,050,000 +100,000	+1%	+$404K	33.91%	1
2023 Q1	$30.1M	Buy	6,950,000 +1,046,595	+18%	+$4.8M	34.03%	1
2022 Q4	$41.3M	Sell	5,903,405 -2,078,799	-26%	-$9.58M	39.39%	1
2022 Q3	$28.8M	Sell	7,982,204 -300,000	-4%	-$993K	30.08%	2
2022 Q2	$26.9M	Buy	8,282,204 +2,432,204	+42%	+$4.68M	30.17%	1
2022 Q1	$11.7M	Buy	5,850,000 +2,084,412	+55%	+$5.11M	10.76%	2
2021 Q4	$11.8M	Buy	+3,765,588	New	+$15.6M	9.23%	4