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Portfolio (Quarterly) Guide ↗

Trails Edge Capital Partners, LP

· CIK 0002077247
13F Portfolio $437M AUM 27 positions Filed May 15, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 13 New 4 Added 5 Reduced 9 Exited
Page 1 of 2  ·  27 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
1 PCVX VAXCYTE INC Healthcare 662,470.0 $38.5M 8.82% -75K -10.2% $58.11 -16.6%
2 DFTX DEFINIUM THERAPEUTICS INC Healthcare 1,738,110.0 $32.9M 7.53% NEW $18.90 +8.4%
3 LBRX LB PHARMACEUTICALS INC Healthcare 1,319,362.0 $32.5M 7.45% -76K -5.5% $24.66 +12.5%
4 MIRM MIRUM PHARMACEUTICALS INC Healthcare 333,312.0 $30.8M 7.05% +301K +946.1% $92.38 +3.4%
5 NRIX NURIX THERAPEUTICS INC Healthcare 1,743,220.0 $27.0M 6.19% $15.50 +0.1%
6 XENE XENON PHARMACEUTICALS INC Healthcare 440,000.0 $25.6M 5.86% -157K -26.3% $58.15 -7.6%
7 RVMD REVOLUTION MEDICINES INC Healthcare 245,000.0 $23.8M 5.46% NEW $97.25 +48.5%
8 RCUS ARCUS BIOSCIENCES INC Healthcare 1,047,935.0 $22.6M 5.18% +132K +14.4% $21.60 +8.3%
9 IMCR IMMUNOCORE HLDGS PLC Healthcare 682,597.0 $20.6M 4.71% $30.15 -5.9%
10 CYTK CYTOKINETICS INC Healthcare 300,000.0 $19.8M 4.53% NEW $65.91 +14.1%
11 SNDX SYNDAX PHARMACEUTICALS INC Healthcare 701,821.0 $16.4M 3.76% NEW $23.36 -16.9%
12 NGNE NEUROGENE INC Healthcare 782,787.0 $15.8M 3.62% $20.16 +38.8%
13 IVA INVENTIVA SA Healthcare 2,657,997.0 $14.8M 3.38% $5.55 -9.5%
14 INHIBIKASE THERAPEUTICS INC 8,057,345.0 $13.5M 3.10% +1.9M +30.4% $1.68
15 FDMT 4D MOLECULAR THERAPEUTICS IN Healthcare 1,302,917.0 $12.1M 2.78% NEW $9.31 -10.1%
16 XENE PUT XENON PHARMACEUTICALS INC Healthcare 200,000.0 $11.6M 2.66% NEW $58.15 -7.6%
17 XFOR X4 PHARMACEUTICALS INC Healthcare 2,571,478.0 $10.6M 2.43% $4.13 -11.9%
18 IMVT IMMUNOVANT INC Healthcare 414,054.0 $10.3M 2.36% +174K +72.4% $24.84 +6.8%
19 DSGN DESIGN THERAPEUTICS INC Healthcare 852,013.0 $9.1M 2.08% NEW $10.64 +0.6%
20 CAMP CAMP4 THERAPEUTICS CORP Healthcare 1,939,563.0 $8.6M 1.96% -44K -2.2% $4.41 -5.9%
Page 1 of 2  ·  27 positions

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%