Vault-13

Ishara Investments LP

LOS ANGELES, CA · CIK 2111609 · 13F filing filed 2026-08-14

SEC-registered investment adviser since 2024 · limited partnership

As an employer

$136.1m reported value +37.4% vs Q1 2026
41positions
51.0%in top 10
16 new 13 added 8 reduced 11 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).

#SecurityTickerShares Value% of portfolioChangeShares change
1 ACADIA PHARMACEUTICALS INC COM ACAD ACAD 410,000 $10.4m7.62% 7.62% AddedShares held: Q3 2025 —, Q4 2025 160.0k, Q1 2026 123.0k, Q2 2026 410.0k +287.0k +287,000 233.3%
2 XERIS BIOPHARMA HOLDINGS INC COM XERS XERS 1,230,000 $9.7m7.16% 7.16% AddedShares held: Q3 2025 —, Q4 2025 800.0k, Q1 2026 1.0m, Q2 2026 1.2m +205.0k +205,000 20.0%
3 BIOMARIN PHARMACEUTICAL INC COM BMRN BMRN 143,500 $8.2m6.03% 6.03% AddedShares held: Q3 2025 —, Q4 2025 100.0k, Q1 2026 82.0k, Q2 2026 143.5k +61.5k +61,500 75.0%
4 PRAXIS PRECISION MEDICINES I COM NEW PRAX PRAX 22,550 $7.5m5.55% 5.55% UnchangedShares held: Q3 2025 —, Q4 2025 40.0k, Q1 2026 22.6k, Q2 2026 22.6k
5 ULTRAGENYX PHARMACEUTICAL IN COM RARE RARE 205,000 $6.8m5.03% 5.03% AddedShares held: Q3 2025 —, Q4 2025 50.0k, Q1 2026 174.2k, Q2 2026 205.0k +30.8k +30,750 17.6%
6 AGIOS PHARMACEUTICALS INC COM AGIO AGIO 164,000 $6.1m4.47% 4.47% NewShares held: Q3 2025 —, Q4 2025 30.0k, Q1 2026 0, Q2 2026 164.0k
7 INSMED INC COM PAR $.01 INSM INSM 51,250 $5.5m4.01% 4.01% NewShares held: Q3 2025 —, Q4 2025 10.0k, Q1 2026 0, Q2 2026 51.2k
8 CRINETICS PHARMACEUTICALS IN COM CRNX CRNX 143,500 $5.4m3.95% 3.95% NewShares held: Q3 2025 —, Q4 2025 0, Q1 2026 0, Q2 2026 143.5k
9 ZENTALIS PHARMACEUTICALS INC COM ZNTL ZNTL 1,025,000 $5.0m3.65% 3.65% ReducedShares held: Q3 2025 —, Q4 2025 1.3m, Q1 2026 1.2m, Q2 2026 1.0m -205.0k -205,000 -16.7%
10 VAXCYTE INC COM PCVX PCVX 82,000 $4.8m3.50% 3.50% AddedShares held: Q3 2025 —, Q4 2025 50.0k, Q1 2026 57.4k, Q2 2026 82.0k +24.6k +24,600 42.9%
11 ANNEXON INC COM ANNX ANNX 820,000 $4.7m3.44% 3.44% AddedShares held: Q3 2025 —, Q4 2025 750.0k, Q1 2026 174.2k, Q2 2026 820.0k +645.8k +645,750 370.6%
12 TRAVERE THERAPEUTICS INC COM TVTX TVTX 82,000 $4.7m3.42% 3.42% ReducedShares held: Q3 2025 —, Q4 2025 0, Q1 2026 110.7k, Q2 2026 82.0k -28.7k -28,700 -25.9%
13 TONIX PHARMACEUTICALS HLDG C COM NEW TNXP TNXP 338,250 $4.3m3.17% 3.17% NewShares held: Q3 2025 —, Q4 2025 0, Q1 2026 0, Q2 2026 338.2k
14 BRIDGEBIO PHARMA INC COM BBIO BBIO 57,400 $4.3m3.14% 3.14% NewShares held: Q3 2025 —, Q4 2025 36.0k, Q1 2026 0, Q2 2026 57.4k
15 AXSOME THERAPEUTICS INC COM AXSM AXSM 16,400 $4.0m2.95% 2.95% ReducedShares held: Q3 2025 —, Q4 2025 0, Q1 2026 41.0k, Q2 2026 16.4k -24.6k -24,600 -60.0%
16 CONTINEUM THERAPEUTICS INC CL A CTNM CTNM 205,000 $3.4m2.47% 2.47% AddedShares held: Q3 2025 —, Q4 2025 0, Q1 2026 142.0k, Q2 2026 205.0k +63.0k +63,000 44.4%
17 LEXICON PHARMACEUTICALS INC COM NEW LXRX LXRX 1,271,000 $3.1m2.24% 2.24% AddedShares held: Q3 2025 —, Q4 2025 880.0k, Q1 2026 902.0k, Q2 2026 1.3m +369.0k +369,000 40.9%
18 KURA ONCOLOGY INC COM KURA KURA 276,750 $3.0m2.23% 2.23% NewShares held: Q3 2025 —, Q4 2025 0, Q1 2026 0, Q2 2026 276.8k
19 DBV TECHNOLOGIES S A SPONSORED ADS DBVT DBVT 184,500 $3.0m2.22% 2.22% AddedShares held: Q3 2025 —, Q4 2025 0, Q1 2026 102.5k, Q2 2026 184.5k +82.0k +82,000 80.0%
20 GENMAB A/S SPONSORED ADS GMAB GMAB 102,500 $2.8m2.07% 2.07% AddedShares held: Q3 2025 —, Q4 2025 70.0k, Q1 2026 82.0k, Q2 2026 102.5k +20.5k +20,500 25.0%
21 CYTOKINETICS INC COM NEW CYTK CYTK 32,800 $2.8m2.05% 2.05% NewShares held: Q3 2025 —, Q4 2025 0, Q1 2026 0, Q2 2026 32.8k
22 MINERALYS THERAPEUTICS INC COM MLYS MLYS 102,500 $2.8m2.03% 2.03% AddedShares held: Q3 2025 —, Q4 2025 0, Q1 2026 82.0k, Q2 2026 102.5k +20.5k +20,500 25.0%
23 SILENCE THERAPEUTICS PLC ADS SLN SLN 55,350 $2.4m1.79% 1.79% ReducedShares held: Q3 2025 —, Q4 2025 240.0k, Q1 2026 140.5k, Q2 2026 55.4k -85.2k -85,150 -60.6%
24 NUVATION BIO INC COM CL A NUVB NUVB 369,000 $2.1m1.54% 1.54% NewShares held: Q3 2025 —, Q4 2025 400.0k, Q1 2026 0, Q2 2026 369.0k
25 WAVE LIFE SCIENCES LTD SHS 96663EUR 96663EUR 328,000 $1.9m1.40% 1.40% NewShares held: Q3 2025 —, Q4 2025 0, Q1 2026 0, Q2 2026 328.0k
26 NEKTAR THERAPEUTICS COM NEW NKTR NKTR 26,650 $1.9m1.37% 1.37% NewShares held: Q3 2025 —, Q4 2025 20.0k, Q1 2026 0, Q2 2026 26.6k
27 SCHOLAR ROCK HLDG CORP COM SRRK SRRK 30,750 $1.7m1.24% 1.24% ReducedShares held: Q3 2025 —, Q4 2025 0, Q1 2026 57.4k, Q2 2026 30.8k -26.6k -26,650 -46.4%
28 ENLIVEN THERAPEUTICS INC COM ELVN ELVN 32,800 $1.7m1.22% 1.22% NewShares held: Q3 2025 —, Q4 2025 0, Q1 2026 0, Q2 2026 32.8k
29 ALNYLAM PHARMACEUTICALS INC COM ALNY ALNY 5,125 $1.5m1.13% 1.13% UnchangedShares held: Q3 2025 —, Q4 2025 0, Q1 2026 5.1k, Q2 2026 5.1k
30 BEAM THERAPEUTICS INC COM BEAM BEAM 41,000 $1.4m1.03% 1.03% ReducedShares held: Q3 2025 —, Q4 2025 50.0k, Q1 2026 57.4k, Q2 2026 41.0k -16.4k -16,400 -28.6%
31 SIONNA THERAPEUTICS INC COM SION SION 123,000 $1.4m0.99% 0.99% AddedShares held: Q3 2025 —, Q4 2025 0, Q1 2026 49.2k, Q2 2026 123.0k +73.8k +73,800 150.0%
32 ORIC PHARMACEUTICALS INC COM ORIC ORIC 123,000 $1.3m0.98% 0.98% AddedShares held: Q3 2025 —, Q4 2025 160.0k, Q1 2026 102.5k, Q2 2026 123.0k +20.5k +20,500 20.0%
33 NEWAMSTERDAM PHARMA COMPANY ORDINARY SHARES NAMS NAMS 36,900 $1.3m0.92% 0.92% UnchangedShares held: Q3 2025 —, Q4 2025 30.0k, Q1 2026 36.9k, Q2 2026 36.9k
34 VERTEX PHARMACEUTICALS INC COM VRTX VRTX 2,460 $1.2m0.90% 0.90% NewShares held: Q3 2025 —, Q4 2025 0, Q1 2026 0, Q2 2026 2.5k
35 ARS PHARMACEUTICALS INC COM SPRY SPRY 143,490 $1.1m0.84% 0.84% NewShares held: Q3 2025 —, Q4 2025 0, Q1 2026 0, Q2 2026 143.5k
36 MONOPAR THERAPEUTICS INC COM NEW MNPR MNPR 12,300 $1.1m0.84% 0.84% NewShares held: Q3 2025 —, Q4 2025 0, Q1 2026 0, Q2 2026 12.3k
37 ERASCA INC COM ERAS ERAS 41,000 $751.1k0.55% 0.55% NewShares held: Q3 2025 —, Q4 2025 0, Q1 2026 0, Q2 2026 41.0k
38 VERA THERAPEUTICS INC CL A VERA VERA 10,250 $439.8k0.32% 0.32% ReducedShares held: Q3 2025 —, Q4 2025 0, Q1 2026 82.0k, Q2 2026 10.2k -71.8k -71,750 -87.5%
39 IMMATICS N.V SHS IMTX IMTX 30,750 $311.5k0.23% 0.23% ReducedShares held: Q3 2025 —, Q4 2025 80.0k, Q1 2026 153.8k, Q2 2026 30.8k -123.0k -123,000 -80.0%
40 MEREO BIOPHARMA GROUP PLC SPON ADS MREO MREO 768,750 $244.2k0.18% 0.18% NewShares held: Q3 2025 —, Q4 2025 0, Q1 2026 0, Q2 2026 768.8k
41 GOSSAMER BIO INC COM GOSS GOSS 820,000 $135.0k0.10% 0.10% UnchangedShares held: Q3 2025 —, Q4 2025 0, Q1 2026 820.0k, Q2 2026 820.0k

Sold out since Q1 2026

SecurityTickerShares held beforeValue then
KALVISTA PHARMACEUTICALS INC KALV KALV 276,750 $5.6m276.8k shares
AMICUS THERAPEUTICS INC FOLD FOLD 369,000 $5.3m369.0k shares
VERASTEM INC VSTM VSTM 820,000 $4.3m820.0k shares
ARROWHEAD PHARMACEUTICALS IN ARWR ARWR 55,350 $3.5m55.4k shares
MOONLAKE IMMUNOTHERAPEUTICS MLTX MLTX 174,250 $3.2m174.2k shares
ARDELYX INC ARDX ARDX 451,000 $2.7m451.0k shares
CATALYST PHARMACEUTICALS INC CPRX CPRX 82,000 $2.0m82.0k shares
LIGAND PHARMACEUTICALS INC LGND LGND 8,200 $1.6m8.2k shares
EDGEWISE THERAPEUTICS INC EWTX EWTX 49,200 $1.5m49.2k shares
IDEAYA BIOSCIENCES INC IDYA IDYA 24,600 $819.7k24.6k shares
PTC THERAPEUTICS INC PTCT PTCT 10,250 $698.3k10.2k shares