Casdin Capital, LLC

Fundamental concentrated ★Highest signal healthcare specialist (99%) CIK 1534261
League rank
#39
in Fundamental concentrated · #46 overall
Long book
$1.32B
Q1 2026
Positions
40
Top-10 weight
77%
concentration
Last quarter
+49.5%
SPY +14.8%
Turnover
34%
of book per quarter

Strategy in plain words

auto-generated from filings

Casdin Capital, LLC is a concentrated fundamental stock-picker, specialised in healthcare (99% of the long book), running a $1.32B US long book across 40 positions.

The portfolio is extremely concentrated — the top 10 positions are almost the whole book. The portfolio is actively managed, with meaningful quarterly turnover. Current anchor positions: REVOLUTION MEDICINES INC, GENEDX HOLDINGS CORP, RELAY THERAPEUTICS INC, BIOLIFE SOLUTIONS INC, STANDARD BIOTOOLS INC.

Over the last 9 quarters its long book ran on average 4pp per quarter ahead of the S&P 500, beating the index in 4 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
+4.0%
Q2 2024
+10.1%
Q3 2024
+1.6%
Q4 2024
-19.0%
Q1 2025
+1.3%
Q2 2025
+21.0%
Q3 2025
+25.3%
Q4 2025
-17.1%
Q1 2026
+49.5%

Sector allocation

Healthcare
99%
Technology
1%
Materials
0%

Long book by quarter

$1.34B
Q1 2024
$1.31B
Q2 2024
$1.50B
Q3 2024
$1.50B
Q4 2024
$1.22B
Q1 2025
$1.10B
Q2 2025
$1.20B
Q3 2025
$1.61B
Q4 2025
$1.32B
Q1 2026

What does Casdin Capital, own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
RVMD REVOLUTION MEDICINES INCHealthcare2.6M$250.6M19.0%Held
WGS GENEDX HOLDINGS CORPHealthcare3.0M$193.1M14.6%Held
RLAY RELAY THERAPEUTICS INCHealthcare14.4M$143.5M10.9%+10.9%
BLFS BIOLIFE SOLUTIONS INCHealthcare6.0M$113.7M8.6%Held
LAB STANDARD BIOTOOLS INCHealthcare88.8M$81.6M6.2%Held
ILMN ILLUMINA INCHealthcare530.0K$65.3M4.9%-11.7%
TXG 10X GENOMICS INC-CLASS AHealthcare2.3M$48.3M3.7%+62.5%
DNLI DENALI THERAPEUTICS INCHealthcare1.8M$35.3M2.7%Held
BEAM BEAM THERAPEUTICS INCHealthcare1.4M$32.2M2.4%-15.6%
GH GUARDANT HEALTH INCHealthcare315.0K$29.1M2.2%-17.1%
NGNE NEUROGENE INCHealthcare1.4M$28.6M2.2%+9.6%
ALNY ALNYLAM PHARMACEUTICALS INCHealthcare75.0K$24.8M1.9%Held
MAZE MAZE THERAPEUTICS INCHealthcare758.9K$22.7M1.7%Held
SRRK SCHOLAR ROCK HOLDING CORPHealthcare350.0K$17.2M1.3%+34.6%
HIMS HIMS & HERS HEALTH INCHealthcare700.0K$14.5M1.1%+81.8%
TSHA TAYSHA GENE THERAPIES INCHealthcare3.3M$14.5M1.1%+116.7%
QGEN QIAGEN N.V.Healthcare360.0K$14.4M1.1%New
TEM TEMPUS AI INC-CL ATechnology294.1K$13.3M1.0%Held
SEPN SEPTERNA INCHealthcare553.3K$13.3M1.0%Held
GRAL GRAIL INCHealthcare230.0K$11.9M0.9%New
PRME PRIME MEDICINE INCHealthcare3.2M$11.0M0.8%Held
PSNL PERSONALIS INCHealthcare1.6M$10.2M0.8%New
DGX QUEST DIAGNOSTICS INCHealthcare50.0K$9.8M0.7%Held
VCYT VERACYTE INCHealthcare276.3K$8.9M0.7%Held
MLTX MOONLAKE IMMUNOTHERAPEUTICSHealthcare450.0K$8.4M0.6%New
NTLA INTELLIA THERAPEUTICS INCMaterials355.0K$4.6M0.3%New
IRON DISC MEDICINE INCHealthcare65.0K$4.2M0.3%New
MRNA MODERNA INCHealthcare75.0K$3.8M0.3%New
GLUE MONTE ROSA THERAPEUTICS INCHealthcare186.0K$3.1M0.2%+116.3%
ABSI ABSCI CORPHealthcare973.3K$2.9M0.2%Held
IPSC CENTURY THERAPEUTICS INCHealthcare1.2M$2.8M0.2%Held
BBOT BRIDGEBIO ONCOLOGY THERAPEUTHealthcare282.3K$2.5M0.2%Held
CTNM CONTINEUM THERAPEUTICS INC-AHealthcare148.3K$1.9M0.1%Held
PACB PACIFIC BIOSCIENCES OF CALIFHealthcare723.8K$955K0.1%-82.9%
RXRX RECURSION PHARMACEUTICALS-AHealthcare165.3K$508K0.0%Held
TNYA TENAYA THERAPEUTICS INCHealthcare362.0K$251K0.0%Held
DNA GINKGO BIOWORKS HOLDINGS INCHealthcare36.5K$224K0.0%Held

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 15, 202640$1.32B canonicalSEC ↗
Q4 202513F-HRFeb 17, 202638$1.61B canonicalSEC ↗
Q3 202513F-HRNov 14, 202532$1.20B canonicalSEC ↗
Q2 202513F-HRAug 14, 202533$1.10B canonicalSEC ↗
Q1 202513F-HRMay 15, 202544$1.22B canonicalSEC ↗
Q4 202413F-HRFeb 14, 202539$1.50B canonicalSEC ↗
Q3 202413F-HRNov 14, 202435$1.50B canonicalSEC ↗
Q2 202413F-HR/ARESTATEMENTOct 18, 202438$1.31B canonicalSEC ↗
Q2 202413F-HRAug 14, 202438$1.30B SEC ↗
Q1 202413F-HRMay 15, 202437$1.35B canonicalSEC ↗