Latest First Light Asset Management, LLC Stock Portfolio

First Light Asset Management, LLC Performance:

2024 Q3: 11.69%YTD: 9.83%2023: -11.12%

Performance for 2024 Q3 is 11.69%, and YTD is 9.83%, and 2023 is -11.12%.

About First Light Asset Management, LLC and 13F Hedge Fund Stock Holdings

In it's latest 13F Holdings report, First Light Asset Management, LLC reported an equity portfolio of $1.2 Billions as of 30 Sep, 2024.

The top stock holdings of First Light Asset Management, LLC are CNTA, FNA, EVH. The fund has invested 7.9% of it's portfolio in CENTESSA PHARMACEUTICALS LIMITED and 5.6% of portfolio in PARAGON 28 INC.

The fund managers got completely rid off LIVANOVA PLC (LIVN), R1 RCM INC (RCM) and TACTILE SYSTEMS TECHNOLOGY INC (TCMD) stocks. They significantly reduced their stock positions in ALPHATEC HOLDINGS INC (ATEC), INARI MEDICAL INC. (NARI) and NATERA INC (NTRA). First Light Asset Management, LLC opened new stock positions in AVID BIOSERVICES INC (CDMO), REPLIGEN CORP (RGEN) and KYMERA THERAPEUTICS INC (KYMR). The fund showed a lot of confidence in some stocks as they added substantially to DYNE THERAPEUTICS INC (DYN), EVOLENT HEALTH INC (EVH) and GUARDANT HEALTH (GH).

First Light Asset Management, LLC Annual Return Estimates Vs S&P 500

Our best estimate is that First Light Asset Management, LLC made a return of 11.69% in the last quarter. In trailing 12 months, it's portfolio return was 18.81%.

New Buys

Ticker	$ Bought
avid bioservices inc	31,543,700
repligen corp	24,685,200
kymera therapeutics inc	19,232,500
relay therapeutics inc	10,920,200
molina healthcare inc	9,140,490

New stocks bought by First Light Asset Management, LLC

Additions

Ticker	% Inc.
dyne therapeutics inc	228
evolent health inc	59.02
guardant health	55.65
tandem diabetes care inc	44.72
ascendis pharma a/s	43.05
insmed inc	24.96
centessa pharmaceuticals limited	24.26
paragon 28 inc	24.22

Additions to existing portfolio by First Light Asset Management, LLC

Reductions

Ticker	% Reduced
alphatec holdings inc	-97.41
inari medical inc.	-63.04
natera inc	-49.89
exact sciences corp	-44.61
avantor inc	-39.75
si-bone inc	-38.29
bicycle therapeutics plc	-30.17
vera therapeutics inc	-29.88

First Light Asset Management, LLC reduced stake in above stock

Sold off

Ticker	$ Sold
r1 rcm inc	-30,958,000
savara inc	-8,068,940
tactile systems technology inc	-15,986,500
livanova plc	-38,943,600
stevanato group spa	-5,003,750
vaxcyte inc	-10,550,900
centene corporation	-5,889,230
penumbra inc.	-7,758,150

First Light Asset Management, LLC got rid off the above stocks

Sector Distribution

First Light Asset Management, LLC has about 93.2% of it's holdings in Healthcare sector.

Sector	%
Healthcare	93.2
Industrials	3.5
Others	2.5

Market Cap. Distribution

First Light Asset Management, LLC has about 11.1% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
MID-CAP	42.6
SMALL-CAP	37.8
LARGE-CAP	11.1
MICRO-CAP	5.9
UNALLOCATED	2.5

Stocks belong to which Index?

About 71.6% of the stocks held by First Light Asset Management, LLC either belong to S&P 500 or RUSSELL 2000 index.

Index	%
RUSSELL 2000	67.8
Others	28.4
S&P 500	3.8

Top 5 Winners (%)		%
AXGN	axogen inc	74.0 %
CNTA	centessa pharmaceuticals limited	64.7 %
EXAS	exact sciences corp	51.4 %
RARE	ultragenyx pharmaceutical inc	33.9 %
OSCR	oscar health inc class a	32.9 %

Top 5 Winners ($)		$
CNTA	centessa pharmaceuticals limited	37.3 M
AXGN	axogen inc	24.4 M
EVH	evolent health inc	14.0 M
RARE	ultragenyx pharmaceutical inc	13.4 M
ATRC	atricure inc	10.0 M

Top 5 Losers (%)		%
ATEC	alphatec holdings inc	-39.9 %
SONX	sonendo inc	-37.5 %
OPRX	optimizerx corp	-22.8 %
GH	guardant health	-20.4 %
DYN	dyne therapeutics inc	-9.3 %

Top 5 Losers ($)		$
ATEC	alphatec holdings inc	-22.2 M
DYN	dyne therapeutics inc	-4.6 M
OPRX	optimizerx corp	-4.2 M
GH	guardant health	-3.8 M
FNA	paragon 28 inc	-3.1 M

First Light Asset Management, LLC Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of First Light Asset Management, LLC

First Light Asset Management, LLC has 38 stocks in it's portfolio. About 47.7% of the portfolio is in top 10 stocks. ATEC proved to be the most loss making stock for the portfolio. CNTA was the most profitable stock for First Light Asset Management, LLC last quarter.

Last Reported on: 14 Nov, 2024

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
ANAB	anaptys bio inc	2.64	948,131	31,762,400	added	21.69

ATEC	alphatec holdings inc	0.06	138,006	767,313	reduced	-97.41

ATRC	atricure inc	4.35	1,865,540	52,309,600	reduced	-5.05

AVTR	avantor inc	0.77	359,150	9,291,210	reduced	-39.75

AXGN	axogen inc	4.77	4,090,300	57,346,000	added	22.32

BCYC	bicycle therapeutics plc	1.82	967,006	21,883,300	reduced	-30.17

CDMO	avid bioservices inc	2.62	2,771,850	31,543,700	new

CNC	centene corporation	0.00	0.00	0.00	sold off	-100

CNTA	centessa pharmaceuticals limited	7.90	5,940,130	94,982,700	added	24.26

CRNX	crinetics pharmaceuticals inc	4.01	943,611	48,218,500	reduced	-21.4

DYN	dyne therapeutics inc	3.76	1,257,280	45,161,700	added	228

EVH	evolent health inc	5.41	2,298,260	64,994,800	added	59.02

EXAS	exact sciences corp	0.39	69,447	4,730,730	reduced	-44.61

FNA	paragon 28 inc	5.64	10,154,600	67,833,000	added	24.22

GH	guardant health	1.24	648,993	14,887,900	added	55.65

HCAT	health catalyst inc	2.91	4,296,490	34,973,400	added	8.6

HUM	humana inc	0.00	0.00	0.00	sold off	-100

INSM	insmed inc	4.18	688,910	50,290,400	added	24.96

INSP	inspire medical systems inc	0.00	0.00	0.00	sold off	-100

KRMD	koru medical systems inc	1.27	5,598,920	15,285,100	added	11.13