Atlas Venture Life Science Advisors, LLC

Fundamental concentrated ★Highest signal healthcare specialist (100%) CIK 1917529
Long book
$790.0M
Q1 2026
Positions
6
Top-10 weight
100%
concentration
Last quarter
+29.2%
SPY +14.8%
Turnover
25%
of book per quarter

Strategy in plain words

auto-generated from filings

Atlas Venture Life Science Advisors, LLC is a concentrated fundamental stock-picker, specialised in healthcare (100% of the long book), running a $790.0M US long book across 6 positions.

The portfolio is extremely concentrated — the top 10 positions are almost the whole book. Turnover is modest: positions are typically held for years. Current anchor positions: KYMERA THERAPEUTICS INC, DYNE THERAPEUTICS INC, SIONNA THERAPEUTICS INC, DISC MEDICINE INC, Q32 BIO INC.

Over the last 9 quarters its long book ran on average 3.7pp per quarter ahead of the S&P 500, beating the index in 6 of 9 quarters. We rate its filings highest-signal: new buys here are worth attention.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q1 2024
-13.4%
Q2 2024
+26.3%
Q3 2024
-22.0%
Q4 2024
-38.7%
Q1 2025
+24.2%
Q2 2025
+41.1%
Q3 2025
+27.8%
Q4 2025
-0.5%
Q1 2026
+29.2%

Sector allocation

Healthcare
100%

Long book by quarter

$1.08B
Q1 2024
$949.6M
Q2 2024
$1.08B
Q3 2024
$819.7M
Q4 2024
$521.8M
Q1 2025
$662.4M
Q2 2025
$752.6M
Q3 2025
$865.2M
Q4 2025
$790.0M
Q1 2026

What does Atlas Venture own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
KYMR KYMERA THERAPEUTICS INCHealthcare4.6M$381.3M48.3%-1.8%
DYN DYNE THERAPEUTICS INCHealthcare9.1M$165.5M21.0%Held
SION SIONNA THERAPEUTICS INCHealthcare3.0M$120.1M15.2%Held
IRON DISC MEDICINE INCHealthcare1.5M$96.8M12.3%Held
QTTB Q32 BIO INCHealthcare2.1M$13.4M1.7%Held
KRRO KORRO BIO INCHealthcare1.1M$12.9M1.6%Held

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 14, 20266$790.0M canonicalSEC ↗
Q4 202513F-HRFeb 13, 20268$865.2M canonicalSEC ↗
Q3 202513F-HRNov 13, 20259$752.6M canonicalSEC ↗
Q2 202513F-HRAug 12, 202511$662.4M canonicalSEC ↗
Q1 202513F-HRMay 14, 202513$521.8M canonicalSEC ↗
Q4 202413F-HRFeb 6, 202513$819.7M canonicalSEC ↗
Q3 202413F-HRNov 13, 202414$1.08B canonicalSEC ↗
Q2 202413F-HRAug 9, 202415$949.6M canonicalSEC ↗
Q1 202413F-HRMay 6, 202416$1.08B canonicalSEC ↗