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Portfolio (Quarterly) Guide ↗

Trails Edge Capital Partners, LP

· CIK 0002077247
13F Portfolio $405M AUM Filed Feb 17, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 23 New
Page 1 of 2  ·  23 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
1 ACAD ACADIA PHARMACEUTICALS INC Healthcare 1,419,406.0 $37.9M 9.37% NEW $26.71 -23.3%
2 MIND MEDICINE MINDMED INC 2,568,110.0 $34.4M 8.50% NEW $13.39
3 PCVX VAXCYTE INC Healthcare 737,470.0 $34.0M 8.41% NEW $46.14 +5.0%
4 NRIX NURIX THERAPEUTICS INC Healthcare 1,743,220.0 $33.1M 8.17% NEW $18.97 -18.2%
5 LBRX LB PHARMACEUTICALS INC Healthcare 1,395,608.0 $31.1M 7.68% NEW $22.26 +24.6%
6 XENE XENON PHARMACEUTICALS INC Healthcare 597,092.0 $26.8M 6.61% NEW $44.82 +19.8%
7 IMCR IMMUNOCORE HLDGS PLC Healthcare 682,597.0 $23.7M 5.85% NEW $34.71 -18.3%
8 RCUS ARCUS BIOSCIENCES INC Healthcare 916,313.0 $21.8M 5.39% NEW $23.83 -1.8%
9 TYRA TYRA BIOSCIENCES INC Healthcare 700,000.0 $18.4M 4.55% NEW $26.29 +35.6%
10 NGNE NEUROGENE INC Healthcare 785,000.0 $16.2M 4.00% NEW $20.60 +35.8%
11 FOLD AMICUS THERAPEUTICS INC Healthcare 1,043,313.0 $14.9M 3.67% NEW $14.24 +1.8%
12 APOGEE THERAPEUTICS INC 192,000.0 $14.5M 3.58% NEW $75.48
13 INHIBIKASE THERAPEUTICS INC 6,178,124.0 $12.7M 3.13% NEW $2.05
14 IVA INVENTIVA SA Healthcare 2,657,997.0 $12.4M 3.05% NEW $4.65 +8.0%
15 CAMP CAMP4 THERAPEUTICS CORP Healthcare 1,983,986.0 $12.2M 3.00% NEW $6.13 -32.3%
16 TERN TERNS PHARMACEUTICALS INC Healthcare 300,000.0 $12.1M 3.00% NEW $40.40 +31.1%
17 XFOR X4 PHARMACEUTICALS INC Healthcare 2,571,478.0 $10.3M 2.54% NEW $4.00 -9.0%
18 MBX MBX BIOSCIENCES INC Healthcare 315,158.0 $9.9M 2.46% NEW $31.54 -1.8%
19 VTV THERAPEUTICS INC 231,000.0 $9.2M 2.28% NEW $39.99
20 CMPX COMPASS THERAPEUTICS INC Healthcare 1,415,273.0 $7.6M 1.88% NEW $5.37 -66.3%
Page 1 of 2  ·  23 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%