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Portfolio (Quarterly) Guide ↗

Decheng Capital LLC

· CIK 0002010850
13F Portfolio $661M AUM 14 positions Filed May 13, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 5 Reduced 5 Exited
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
1 Upstream Bio Inc. 2,724,868.0 $24.5M 3.71% -418K -13.3% $9.00
2 NEWAMSTERDAM PHARMA CO NV 325,057.0 $10.4M 1.57% -267K -45.1% $32.01
3 RCUS Arcus Biosciences, Inc Healthcare 477,819.0 $10.3M 1.56% -64K -11.8% $21.60 +8.0%
4 RVMD REVOLUTION MEDICINES INC(NSM) Healthcare 93,500.0 $9.1M 1.38% -106K -53.2% $97.25 +52.7%
5 KRYS KRYSTAL BIOTECH INC Healthcare 7,300.0 $1.9M 0.28% -10K -57.8% $258.32 +16.8%

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Healthcare 100.0%