Essex Woodlands Management, Inc.

Fundamental diversified ★Signal healthcare specialist (100%) CIK 1542339
Long book
$250.5M
Q1 2026
Positions
5
Top-10 weight
100%
concentration
Last quarter
+7.8%
SPY +14.8%
Turnover
17%
of book per quarter

Strategy in plain words

auto-generated from filings

Essex Woodlands Management, Inc. is a diversified fundamental manager, specialised in healthcare (100% of the long book), running a $250.5M US long book across 5 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: BIOVENTUS INC - A, MIMEDX GROUP INC, EYEPOINT INC, TELA BIO INC, MEDICINOVA INC.

Over the last 9 quarters its long book ran on average 5.8pp 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
-10.9%
Q2 2024
+14.0%
Q3 2024
+25.0%
Q4 2024
-19.7%
Q1 2025
-19.5%
Q2 2025
+10.5%
Q3 2025
+2.3%
Q4 2025
-21.2%
Q1 2026
+7.8%

Sector allocation

Healthcare
100%

Long book by quarter

$344.8M
Q1 2024
$306.7M
Q2 2024
$350.4M
Q3 2024
$433.2M
Q4 2024
$346.7M
Q1 2025
$279.1M
Q2 2025
$307.1M
Q3 2025
$318.3M
Q4 2025
$250.5M
Q1 2026

What does Essex Woodlands own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
BVS BIOVENTUS INC - AHealthcare13.0M$118.9M47.5%Held
MDXG MIMEDX GROUP INCHealthcare28.2M$111.4M44.5%Held
EYPT EYEPOINT INCHealthcare1.1M$14.0M5.6%Held
TELA TELA BIO INCHealthcare7.7M$4.8M1.9%Held
MNOV MEDICINOVA INCHealthcare1.1M$1.5M0.6%Held

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 4, 20265$250.5M canonicalSEC ↗
Q4 202513F-HRFeb 4, 20266$318.3M canonicalSEC ↗
Q3 202513F-HRNov 12, 20256$307.1M canonicalSEC ↗
Q2 202513F-HRAug 7, 20256$279.1M canonicalSEC ↗
Q1 202513F-HRMay 13, 20256$346.7M canonicalSEC ↗
Q4 202413F-HRFeb 13, 20257$433.2M canonicalSEC ↗
Q3 202413F-HRNov 14, 20247$350.4M canonicalSEC ↗
Q2 202413F-HRAug 14, 20247$306.7M canonicalSEC ↗
Q1 202413F-HRMay 15, 20247$344.8M canonicalSEC ↗