Venrock Adviser, LLC

NEW YORK, NY · CIK 1615982 · 13F filing filed 2024-08-14

SEC-registered investment adviser since 2014 · limited liability company

Assets managed$4.5bn
Staff11 · 11 in investment roles
Main clients (by assets)Private funds 100%
Private funds7 (1 hedge) · $4.5bn gross assets
Form ADV · 2026-04-28SEC adviser record

Legal entityVENROCK ADVISER, LLC (US)

$1.6bn reported value -25.3% vs Q1 2024

35positions

64.6%in top 10

6 new 6 added 3 reduced 9 sold out vs Q1 2024

Holdings, Q2 2024

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	APOGEE THERAPEUTICS INC COM COM		8,493,321	$334.2m21.28%	21.28%	Unchanged
2	ENLIVEN THERAPEUTICS INC COM ELVN	ELVN	4,026,331	$94.1m5.99%	5.99%	Unchanged
3	4D MOLECULAR THERAPEUTICS IN COM FDMT	FDMT	4,400,000	$92.4m5.88%	5.88%	Unchanged
4	OCULAR THERAPEUTIX INC COM OCUL	OCUL	12,762,462	$87.3m5.56%	5.56%	Unchanged
5	DYNE THERAPEUTICS INC COM DYN	DYN	2,173,913	$76.7m4.89%	4.89%	Unchanged
6	MERUS N V COM MRUS	MRUS	1,263,214	$74.7m4.76%	4.76%	Reduced -527.0k	-527,000 -29.4%
7	KALVISTA PHARMACEUTICALS INC COM KALV	KALV	6,249,731	$73.6m4.69%	4.69%	Unchanged
8	PHARVARIS N V COM PHVS	PHVS	3,395,606	$63.8m4.07%	4.07%	Unchanged
9	SPYRE THERAPEUTICS INC COM NEW SYRE	SYRE	2,685,448	$63.1m4.02%	4.02%	Added +513.7k	+513,666 23.6%
10	DIANTHUS THERAPEUTICS INC COM DNTH	DNTH	2,094,373	$54.2m3.45%	3.45%	Unchanged
11	VIRIDIAN THERAPEUTICS INC COM VRDN	VRDN	3,882,671	$50.5m3.22%	3.22%	Unchanged
12	COGENT BIOSCIENCES INC COM COGT	COGT	5,684,167	$47.9m3.05%	3.05%	Added +555.0k	+555,000 10.8%
13	APPLIED THERAPEUTICS INC COM APLT	APLT	9,542,871	$44.6m2.84%	2.84%	Added +467.9k	+467,871 5.2%
14	ERASCA INC COM ERAS	ERAS	16,216,216	$38.3m2.44%	2.44%	New
15	ASTRIA THERAPEUTICS INC COM CATB	CATB	3,608,645	$32.8m2.09%	2.09%	Unchanged
16	EDGEWISE THERAPEUTICS INC COM EWTX	EWTX	1,818,182	$32.7m2.09%	2.09%	Unchanged
17	ORIC PHARMACEUTICALS INC COM ORIC	ORIC	4,394,527	$31.1m1.98%	1.98%	Unchanged
18	PRAXIS PRECISION MEDICINES I COM NEW PRAX	PRAX	706,131	$29.2m1.86%	1.86%	Added +5	+5 0.0%
19	ENGENE HOLDINGS INC COM COM		2,825,983	$26.6m1.70%	1.70%	Added +260.1k	+260,142 10.1%
20	CULLINAN THERAPEUTICS INC COM CGEM	CGEM	1,379,965	$24.1m1.53%	1.53%	New
21	TERNS PHARMACEUTICALS INC COM COM		3,410,058	$23.2m1.48%	1.48%	Unchanged
22	MERSANA THERAPEUTICS INC COM COM		11,328,000	$22.8m1.45%	1.45%	Unchanged
23	ZURA BIO LTD CLASS A ORD SHS ZURA	ZURA	6,023,166	$21.1m1.34%	1.34%	New
24	TAYSHA GENE THERAPIES INC COM SHS TSHA	TSHA	9,000,000	$20.2m1.28%	1.28%	Unchanged
25	ABIVAX SA SPONSORED ADS ABVX	ABVX	1,345,780	$17.8m1.13%	1.13%	Unchanged
26	ARVINAS INC COM ARVN	ARVN	627,788	$16.7m1.06%	1.06%	Unchanged
27	AQUESTIVE THERAPEUTICS INC COM AQST	AQST	5,555,555	$14.4m0.92%	0.92%	Unchanged
28	CENTURY THERAPEUTICS INC COM IPSC	IPSC	5,389,259	$13.7m0.88%	0.88%	Added +2.0m	+1,984,126 58.3%
29	CABALETTA BIO INC COM CABA	CABA	1,563,952	$11.7m0.75%	0.75%	Unchanged
30	TREVI THERAPEUTICS INC COM TRVI	TRVI	3,422,637	$10.2m0.65%	0.65%	Reduced -38	-38 0.0%
31	ADVERUM BIOTECHNOLOGIES INC COM NEW ADVM	ADVM	1,467,048	$10.1m0.64%	0.64%	Reduced -89.4k	-89,371 -5.7%
32	PERCEPTIVE CAP SOLUTIONS COR CL A ORD SHS FRNM	FRNM	750,000	$7.5m0.48%	0.48%	New
33	TENAYA THERAPEUTICS INC COM TNYA	TNYA	1,555,556	$4.8m0.31%	0.31%	Unchanged
34	ARCA BIOPHARMA INC COM COM		866,375	$3.3m0.21%	0.21%	New
35	CASI PHARMACEUTICALS INC ORD SHS CASIF	CASIF	111,686	$614.3k0.04%	0.04%	New

Sold out since Q1 2024

Security	Ticker	Shares held before	Value then
HILLEVAX INC		2,075,000	$34.5m2.1m shares
CELCUITY INC CELC	CELC	970,000	$21.0m970.0k shares
IMMATICS N.V IMTX	IMTX	1,750,000	$18.4m1.8m shares
LYRA THERAPEUTICS INC LYRA	LYRA	2,576,093	$16.0m2.6m shares
CG ONCOLOGY INC CGON	CGON	350,000	$15.4m350.0k shares
MINERALYS THERAPEUTICS INC MLYS	MLYS	555,554	$7.2m555.6k shares
ACELYRIN INC		937,113	$6.3m937.1k shares
EYEPOINT PHARMACEUTICALS INC EYPT	EYPT	250,000	$5.2m250.0k shares
OLEMA PHARMACEUTICALS INC OLMA	OLMA	77,042	$872.1k77.0k shares