PSP Research LLC

LAS VEGAS, NV · CIK 2106939 · 13F filing filed 2026-07-09

No investment adviser registration (Form ADV) found for this filer. It may be a parent company whose subsidiaries are the registered advisers, a bank or insurer, or a manager based outside the US.

Others nearbyLas Vegas, NV

$187.9m reported value +32.9% vs Q1 2026

75positions

88.0%in top 10

11 new 1 added 30 reduced 15 sold out vs Q1 2026

Holdings, Q2 2026

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	SPDR SER TR S&P BIOTECH XBI	XBI	570,000	$90.2m48.01%	48.01%	Added +285.1k	+285,100 100.1%
2	ISHARES TR 0-3 MNTH TREASRY SGOV	SGOV	700,000	$70.5m37.51%	37.51%	Unchanged
3	ROYALTY PHARMA PLC SHS CLASS A RPRX	RPRX	11,000	$616.8k0.33%	0.33%	Unchanged
4	NURIX THERAPEUTICS INC COM NRIX	NRIX	25,000	$606.5k0.32%	0.32%	Reduced -3.7k	-3,700 -12.9%
5	INCYTE CORP COM INCY	INCY	5,300	$600.8k0.32%	0.32%	Unchanged
6	ARGENX SE SPONSORED ADR ARGX	ARGX	641	$594.7k0.32%	0.32%	Unchanged
7	DISC MEDICINE INC COM IRON	IRON	8,000	$585.1k0.31%	0.31%	Unchanged
8	RAPPORT THERAPEUTICS INC COM RAPP	RAPP	14,000	$583.4k0.31%	0.31%	Unchanged
9	ULTRAGENYX PHARMACEUTICAL IN COM RARE	RARE	17,000	$567.6k0.30%	0.30%	Reduced -5.1k	-5,100 -23.1%
10	TREVI THERAPEUTICS INC COM TRVI	TRVI	30,000	$559.5k0.30%	0.30%	Unchanged
11	MONTE ROSA THERAPEUTICS INC COM GLUE	GLUE	23,000	$556.6k0.30%	0.30%	Reduced -5.0k	-5,000 -17.9%
12	TG THERAPEUTICS INC COM TGTX	TGTX	10,000	$549.4k0.29%	0.29%	Reduced -3.0k	-3,000 -23.1%
13	HALOZYME THERAPEUTICS INC COM HALO	HALO	7,000	$547.9k0.29%	0.29%	Reduced -1.0k	-1,026 -12.8%
14	IONIS PHARMACEUTICALS INC COM IONS	IONS	6,800	$539.2k0.29%	0.29%	Unchanged
15	PHARVARIS N V COM PHVS	PHVS	15,000	$518.7k0.28%	0.28%	Reduced -5.0k	-5,000 -25.0%
16	ARCUTIS BIOTHERAPEUTICS INC COM ARQT	ARQT	19,700	$516.5k0.27%	0.27%	Unchanged
17	AURINIA PHARMACEUTICALS INC COM AUPH	AUPH	30,000	$509.1k0.27%	0.27%	Unchanged
18	NEUROCRINE BIOSCIENCES INC COM NBIX	NBIX	3,000	$505.6k0.27%	0.27%	Reduced -848	-848 -22.0%
19	IMMUNOVANT INC COM IMVT	IMVT	13,000	$500.9k0.27%	0.27%	Reduced -6.2k	-6,200 -32.3%
20	ACADIA PHARMACEUTICALS INC COM ACAD	ACAD	19,766	$500.1k0.27%	0.27%	Unchanged
21	PTC THERAPEUTICS INC COM PTCT	PTCT	6,000	$489.4k0.26%	0.26%	Unchanged
22	CELLDEX THERAPEUTICS INC NEW COM NEW CLDX	CLDX	13,000	$483.7k0.26%	0.26%	Unchanged
23	IMMUNOCORE HLDGS PLC ADS IMCR	IMCR	15,141	$480.7k0.26%	0.26%	Unchanged
24	DEFINIUM THERAPEUTICS INC COM SHS DFTX	DFTX	10,000	$470.4k0.25%	0.25%	Reduced -24.8k	-24,800 -71.3%
25	COGENT BIOSCIENCES INC COM COGT	COGT	12,000	$464.4k0.25%	0.25%	Unchanged
26	KYMERA THERAPEUTICS INC COM KYMR	KYMR	4,000	$458.7k0.24%	0.24%	Reduced -2.3k	-2,300 -36.5%
27	DYNE THERAPEUTICS INC COM DYN	DYN	20,000	$444.2k0.24%	0.24%	Unchanged
28	ALNYLAM PHARMACEUTICALS INC COM ALNY	ALNY	1,465	$441.0k0.23%	0.23%	Unchanged
29	TARSUS PHARMACEUTICALS INC COM TARS	TARS	7,000	$440.6k0.23%	0.23%	Unchanged
30	SYNDAX PHARMACEUTICALS INC COM SNDX	SNDX	20,000	$437.2k0.23%	0.23%	Unchanged
31	EXELIXIS INC COM EXEL	EXEL	8,000	$435.3k0.23%	0.23%	Reduced -3.9k	-3,948 -33.0%
32	CRINETICS PHARMACEUTICALS IN COM CRNX	CRNX	11,000	$411.6k0.22%	0.22%	Unchanged
33	NEWAMSTERDAM PHARMA COMPANY ORDINARY SHARES NAMS	NAMS	12,000	$406.7k0.22%	0.22%	Reduced -3.0k	-3,000 -20.0%
34	ASCENDIS PHARMA A/S ORD SHS ASND	ASND	1,500	$400.1k0.21%	0.21%	New
35	LIQUIDIA CORPORATION COM NEW LQDA	LQDA	5,000	$398.6k0.21%	0.21%	New
36	STOKE THERAPEUTICS INC COM STOK	STOK	12,000	$392.6k0.21%	0.21%	Unchanged
37	VIKING THERAPEUTICS INC COM VKTX	VKTX	10,000	$390.1k0.21%	0.21%	Reduced -5.0k	-5,000 -33.3%
38	IMMUNOME INC COM IMNM	IMNM	18,000	$381.4k0.20%	0.20%	Reduced -2.0k	-2,000 -10.0%
39	PROTAGONIST THERAPEUTICS INC COM PTGX	PTGX	3,000	$367.7k0.20%	0.20%	Unchanged
40	HARMONY BIOSCIENCES HLDGS IN COM HRMY	HRMY	10,000	$364.1k0.19%	0.19%	Reduced -4.3k	-4,283 -30.0%
41	ENLIVEN THERAPEUTICS INC COM ELVN	ELVN	7,000	$355.2k0.19%	0.19%	Unchanged
42	SPYRE THERAPEUTICS INC COM NEW SYRE	SYRE	4,000	$355.1k0.19%	0.19%	Reduced -1.2k	-1,159 -22.5%
43	INTELLIA THERAPEUTICS INC COM NTLA	NTLA	20,000	$338.4k0.18%	0.18%	Reduced -6.9k	-6,900 -25.6%
44	MADRIGAL PHARMACEUTICALS INC COM MDGL	MDGL	600	$322.2k0.17%	0.17%	Unchanged
45	KINIKSA PHARMACEUTICALS INTL ORD SHS CL A KNSA	KNSA	5,000	$319.8k0.17%	0.17%	Reduced -4.0k	-4,000 -44.4%
46	ALKERMES PLC SHS ALKS	ALKS	6,000	$314.4k0.17%	0.17%	Unchanged
47	TANGO THERAPEUTICS INC COM TNGX	TNGX	10,000	$312.6k0.17%	0.17%	Reduced -4.4k	-4,400 -30.6%
48	ARDELYX INC COM ARDX	ARDX	60,000	$306.0k0.16%	0.16%	Reduced -20.0k	-20,000 -25.0%
49	VERA THERAPEUTICS INC CL A VERA	VERA	7,000	$300.4k0.16%	0.16%	Reduced -3.0k	-3,000 -30.0%
50	MIRUM PHARMACEUTICALS INC COM MIRM	MIRM	2,500	$292.7k0.16%	0.16%	Reduced -2.5k	-2,500 -50.0%
51	ORUKA THERAPEUTICS INC COM ORKA	ORKA	3,000	$285.5k0.15%	0.15%	Reduced -2.0k	-1,968 -39.6%
52	SUPERNUS PHARMACEUTICALS INC COM SUPN	SUPN	6,000	$279.1k0.15%	0.15%	Unchanged
53	CRISPR THERAPEUTICS AG NAMEN AKT CRSP	CRSP	5,000	$272.7k0.15%	0.15%	Reduced -4.5k	-4,500 -47.4%
54	ZYMEWORKS INC COM ZYME	ZYME	10,000	$261.4k0.14%	0.14%	Unchanged
55	KRYSTAL BIOTECH INC COM KRYS	KRYS	692	$257.2k0.14%	0.14%	New
56	COMPASS PATHWAYS PLC SPONSORED ADS CMPS	CMPS	18,000	$254.7k0.14%	0.14%	Reduced -53.0k	-53,000 -74.7%
57	XENON PHARMACEUTICALS INC COM XENE	XENE	4,200	$253.5k0.13%	0.13%	Unchanged
58	AXSOME THERAPEUTICS INC COM AXSM	AXSM	1,000	$244.8k0.13%	0.13%	Reduced -1.8k	-1,845 -64.8%
59	ARRIVENT BIOPHARMA INC COM AVBP	AVBP	7,041	$244.6k0.13%	0.13%	New
60	DIANTHUS THERAPEUTICS INC COM DNTH	DNTH	2,500	$243.7k0.13%	0.13%	Reduced -2.5k	-2,500 -50.0%
61	JAZZ PHARMACEUTICALS PLC SHS USD JAZZ	JAZZ	971	$234.0k0.12%	0.12%	New
62	KODIAK SCIENCES INC COM KOD	KOD	6,000	$233.8k0.12%	0.12%	Reduced -4.0k	-4,000 -40.0%
63	REVOLUTION MEDICINES INC COM RVMD	RVMD	1,200	$224.7k0.12%	0.12%	New
64	BRIDGEBIO PHARMA INC COM BBIO	BBIO	3,000	$223.4k0.12%	0.12%	Reduced -3.0k	-3,000 -50.0%
65	RHYTHM PHARMACEUTICALS INC COM RYTM	RYTM	2,000	$222.1k0.12%	0.12%	New
66	DENALI THERAPEUTICS INC COM DNLI	DNLI	8,463	$217.7k0.12%	0.12%	New
67	ARROWHEAD PHARMACEUTICALS IN COM ARWR	ARWR	2,600	$211.9k0.11%	0.11%	New
68	SCHOLAR ROCK HLDG CORP COM SRRK	SRRK	3,827	$210.5k0.11%	0.11%	New
69	EDGEWISE THERAPEUTICS INC COM EWTX	EWTX	5,000	$203.2k0.11%	0.11%	Reduced -1.5k	-1,500 -23.1%
70	AMYLYX PHARMACEUTICALS INC COM AMLX	AMLX	10,838	$194.7k0.10%	0.10%	Unchanged
71	CYTOMX THERAPEUTICS INC COM CTMX	CTMX	39,400	$147.8k0.08%	0.08%	New
72	OCULAR THERAPEUTIX INC COM OCUL	OCUL	15,000	$147.3k0.08%	0.08%	Unchanged
73	EYEPOINT PHARMACEUTICALS INC COM NEW EYPT	EYPT	10,000	$143.0k0.08%	0.08%	Unchanged
74	ORIC PHARMACEUTICALS INC COM ORIC	ORIC	13,000	$140.8k0.07%	0.07%	Unchanged
75	OLEMA PHARMACEUTICALS INC COM OLMA	OLMA	10,000	$125.1k0.07%	0.07%	Unchanged

Sold out since Q1 2026

Security	Ticker	Shares held before	Value then
SERA PROGNOSTICS INC SERA	SERA	2,396,685	$4.9m2.4m shares
TYRA BIOSCIENCES INC TYRA	TYRA	16,000	$612.8k16.0k shares
ASCENDIS PHARMA A/S		2,500	$571.8k2.5k shares
CYTOKINETICS INC CYTK	CYTK	8,300	$547.1k8.3k shares
AGIOS PHARMACEUTICALS INC AGIO	AGIO	15,000	$507.4k15.0k shares
PRAXIS PRECISION MEDICINES I PRAX	PRAX	1,500	$483.3k1.5k shares
INHIBRX BIOSCIENCES INC INBX	INBX	6,927	$465.7k6.9k shares
ERASCA INC ERAS	ERAS	17,327	$280.4k17.3k shares
CELCUITY INC CELC	CELC	2,000	$228.3k2.0k shares
KALVISTA PHARMACEUTICALS INC KALV	KALV	10,795	$217.3k10.8k shares
LEGEND BIOTECH CORP LEGN	LEGN	12,000	$217.1k12.0k shares
APOGEE THERAPEUTICS INC		2,500	$210.4k2.5k shares
UNITED THERAPEUTICS CORP DEL UTHR	UTHR	350	$207.5k350 shares
SUMMIT THERAPEUTICS INC SMMT	SMMT	10,223	$193.8k10.2k shares
COMPASS THERAPEUTICS INC CMPX	CMPX	30,000	$158.7k30.0k shares