BML Capital Management, LLC

ZIONSVILLE, IN · CIK 1616824 · 13F filing filed 2026-08-07

Exempt reporting adviser since 2012 · limited liability company

As an employer

$175.1m reported value +12.7% vs Q1 2026

15positions

93.8%in top 10

1 new 5 added 3 reduced 1 sold out vs Q1 2026

Options: 0 call positions (— notional), 3 put positions ($954.1k notional) – listed below, not included above.

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	ACLARIS THERAPEUTICS INC COM ACRS	ACRS	11,975,000	$63.3m36.18%	36.18%	Reduced -2.3m	-2,275,000 -16.0%
2	ATEA PHARMACEUTICALS INC COM AVIR	AVIR	6,952,330	$32.3m18.46%	18.46%	Reduced -106.3k	-106,327 -1.5%
3	ENGENE THERAPEUTICS INC COM ENGN	ENGN	6,669,908	$11.5m6.59%	6.59%	New
4	KRAFT HEINZ CO COM KHC	KHC	465,000	$11.0m6.27%	6.27%	Added +340.0k	+340,000 272.0%
5	OUTSET MED INC COM NEW OM	OM	2,519,701	$10.9m6.22%	6.22%	Added +617.5k	+617,500 32.5%
6	CARMAX INC COM KMX	KMX	172,500	$9.1m5.21%	5.21%	Added +17.5k	+17,500 11.3%
7	TILLYS INC CL A TLYS	TLYS	2,150,000	$9.0m5.16%	5.16%	Unchanged
8	PMV PHARMACEUTICALS INC COM PMVP	PMVP	5,330,000	$7.1m4.08%	4.08%	Added +10.0k	+10,000 0.2%
9	INSTIL BIO INC COM NEW TIL	TIL	645,600	$5.0m2.84%	2.84%	Unchanged
10	TARGET CORP COM TGT	TGT	37,500	$4.9m2.80%	2.80%	Unchanged
11	ORAMED PHARMACEUTICALS INC COM NEW ORMP	ORMP	866,269	$4.2m2.38%	2.38%	Reduced -2.3m	-2,300,962 -72.7%
12	JANUX THERAPEUTICS INC COM JANX	JANX	154,961	$2.4m1.36%	1.36%	Unchanged
13	PLIANT THERAPEUTICS INC COM PLRX	PLRX	1,546,137	$1.8m1.01%	1.01%	Unchanged
14	CONNECT BIOPHARMA HLDGS LTD SHS CNTB	CNTB	573,287	$1.4m0.78%	0.78%	Added +164.4k	+164,400 40.2%
15	IMAGENEBIO INC COM IMA	IMA	200,730	$1.2m0.68%	0.68%	Unchanged

Security	Ticker	Shares held before	Value then
KEZAR LIFE SCIENCES INC KZR	KZR	720,787	$5.3m720.8k shares

Underlying	Ticker	Type	Shares controlled	Notional	Change
WALMART INC WMT · Put	WMT	Put	335	$386.1k335 shares	Unchanged
CORE SCIENTIFIC INC NEW CORZ · Put	CORZ	Put	800	$298.0k800 shares	New
TESLA INC TSLA · Put	TSLA	Put	375	$270.0k375 shares	New