Blue Owl Capital Holdings LP

Fundamental diversified ★Signal healthcare specialist (89%) CIK 1858703
League rank
#730
in Fundamental diversified · #5988 overall
Long book
$372.2M
Q1 2026
Positions
75
Top-10 weight
69%
concentration
Last quarter
+8.8%
SPY +14.8%
Turnover
45%
of book per quarter

Strategy in plain words

auto-generated from filings

Blue Owl Capital Holdings LP is a diversified fundamental manager, specialised in healthcare (89% of the long book), running a $372.2M US long book across 75 positions.

The portfolio is concentrated: the top 10 names carry 69% of the portfolio. The portfolio is actively managed, with meaningful quarterly turnover. Current anchor positions: AKTIS ONCOLOGY INC, LARIMAR THERAPEUTICS INC, enGene Therapeutics Inc, NUVEEN CHURCHILL DIRECT LEND, CULLINAN THERAPEUTICS INC.

Over the last 9 quarters its long book ran on average 3.3pp per quarter behind the S&P 500, beating the index in 3 of 9 quarters. We rate its filings as signal-bearing: position changes reflect genuine views.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q1 2024
-10.6%
Q2 2024
+5.0%
Q3 2024
-3.8%
Q4 2024
-24.2%
Q1 2025
+7.6%
Q2 2025
+14.5%
Q3 2025
+10.7%
Q4 2025
+2.6%
Q1 2026
+8.8%

Sector allocation

Healthcare
77%
Other
15%
Industrials
4%
Services media
3%
Technology
1%
Financials
0%
Utilities
0%
Consumer discretionary
0%

Long book by quarter

$500.6M
Q1 2024
$359.6M
Q2 2024
$515.8M
Q3 2024
$434.0M
Q4 2024
$310.1M
Q1 2025
$309.9M
Q2 2025
$322.1M
Q3 2025
$324.0M
Q4 2025
$372.2M
Q1 2026

What does Blue Owl own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
AKTS AKTIS ONCOLOGY INCHealthcare3.2M$56.6M15.2%New
LRMR LARIMAR THERAPEUTICS INCHealthcare7.1M$32.0M8.6%+4.3%
ENGN enGene Therapeutics IncHealthcare4.4M$30.1M8.1%+31.4%
NCDL NUVEEN CHURCHILL DIRECT LEND2.1M$27.3M7.3%Held
CGEM CULLINAN THERAPEUTICS INCHealthcare1.9M$27.1M7.3%-18.8%
OBDC BLUE OWL CAPITAL CORP2.0M$22.6M6.1%Held
MPLT MAPLIGHT THERAPEUTICS INCHealthcare1.0M$20.5M5.5%+207.6%
CMPX COMPASS THERAPEUTICS INCHealthcare2.9M$15.6M4.2%-15.1%
CNTX CONTEXT THERAPEUTICS INCHealthcare5.1M$13.3M3.6%-31.5%
HLLY HOLLEY INCIndustrials4.2M$13.0M3.5%+2.2%
EYPT EYEPOINT INCHealthcare912.6K$11.8M3.2%+132.5%
CRVS CORVUS PHARMACEUTICALS INCHealthcare545.0K$8.0M2.1%New
CNDT CONDUENT INCServices media5.0M$6.4M1.7%+4.4%
RARE ULTRAGENYX PHARMACEUTICAL INHealthcare302.6K$6.3M1.7%+42.3%
AQST AQUESTIVE THERAPEUTICS INCHealthcare1.3M$5.6M1.5%+156.7%
RYTM RHYTHM PHARMACEUTICALS INCHealthcare61.5K$5.3M1.4%New
CMPS COMPASS PATHWAYS PLCHealthcare1.8M$5.1M1.4%New
IMMX IMMIX BIOPHARMA INCHealthcare547.6K$5.0M1.3%-44.5%
IMA IMAGENEBIO INCHealthcare959.3K$4.8M1.3%+16.5%
CVEO CIVEO CORPServices media180.5K$4.8M1.3%-51.3%
LENZ LENZ THERAPEUTICS INCHealthcare506.7K$4.6M1.2%+237.8%
ELDN ELEDON PHARMACEUTICALS INCHealthcare1.4M$4.4M1.2%-26.4%
4XC1 KALVISTA PHARMACEUTICALS INC215.0K$4.3M1.2%-40.3%
OVID OVID THERAPEUTICS INCHealthcare1.9M$4.2M1.1%New
PVLA PALVELLA THERAPEUTICS INCHealthcare31.3K$3.9M1.0%-22.4%
PLRX PLIANT THERAPEUTICS INCHealthcare3.0M$3.7M1.0%Held
ADCT ADC THERAPEUTICS SAHealthcare733.6K$2.6M0.7%Held
EVMN EVOMMUNE INCHealthcare100.0K$2.3M0.6%New
DELL DELL TECHNOLOGIES -CTechnology13.9K$2.3M0.6%-74.2%
LRMR LARIMAR THERAPEUTICS INCHealthcare975.7K$1.9M0.5%New
ORIC ORIC PHARMACEUTICALS INCHealthcare150.0K$1.9M0.5%-70.9%
SGMT SAGIMET BIOSCIENCES INC-AHealthcare333.9K$1.7M0.5%-73.2%
WW WW INTERNATIONAL INC-NEWServices media95.6K$1.3M0.4%New
ENGN enGene Therapeutics IncHealthcare511.2K$1.3M0.3%+1316.0%
EPD ENTERPRISE PRODUCTS PARTNERSUtilities31.3K$1.2M0.3%Held
FLD FOLD HOLDINGS INCFinancials856.6K$1.1M0.3%Held
MRKR MARKER THERAPEUTICS INCHealthcare554.3K$721K0.2%Held
MLYS MINERALYS THERAPEUTICS INCHealthcare200.0K$590K0.2%New
CMPX COMPASS THERAPEUTICS INCHealthcare400.0K$500K0.1%New
CAH CARDINAL HEALTH INCConsumer discretionary1.7K$363K0.1%Held
PIPR PIPER SANDLER COSFinancials2.4K$186K0.0%New
AMOD ALPHA MODUS HOLDINGS INCFinancials394.1K$146K0.0%Held
ET ENERGY TRANSFER LPUtilities5.3K$103K0.0%New
DAIC CID HOLDCO INCTechnology557.4K$95K0.0%Held
CAI CARIS LIFE SCIENCES INCHealthcare4.7K$84K0.0%New
VKTX VIKING THERAPEUTICS INCHealthcare50.0K$68K0.0%New
SHFS SHF HOLDINGS INCFinancials75.9K$63K0.0%Held
GOCOQ GOHEALTH INC-CLASS AFinancials40.8K$62K0.0%New
AEON AEON BIOPHARMA INCHealthcare42.4K$42K0.0%-2.4%
GPCR STRUCTURE THERAPEUTICS INCHealthcare100.0K$25K0.0%New

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 14, 202676$372.2M canonicalSEC ↗
Q4 202513F-HR/ARESTATEMENTFeb 20, 202683$324.0M canonicalSEC ↗
Q4 202513F-HRFeb 9, 202683$1.34B SEC ↗
Q3 202513F-HRNov 12, 202575$322.1M canonicalSEC ↗
Q2 202513F-HRAug 11, 202573$309.9M canonicalSEC ↗
Q1 202513F-HRMay 15, 202574$310.1M canonicalSEC ↗
Q4 202413F-HRFeb 14, 202580$433.7M canonicalSEC ↗
Q3 202413F-HRNov 14, 2024141$514.0M canonicalSEC ↗
Q2 202413F-HRAug 15, 202443$359.6M canonicalSEC ↗
Q1 202413F-HRMay 15, 202449$500.6M canonicalSEC ↗