Madryn Asset Management, LP

Fundamental diversified ★Signal healthcare specialist (100%) CIK 1787423
Long book
$34.1M
Q1 2026
Positions
2
Top-10 weight
100%
concentration
Last quarter
-1.7%
SPY -4.4%
Turnover
33%
of book per quarter

Strategy in plain words

auto-generated from filings

Madryn Asset Management, LP is a diversified fundamental manager, specialised in healthcare (100% of the long book), running a $34.1M US long book across 2 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: NEURONETICS INC, OMADA HEALTH INC.

We rate its filings as signal-bearing: position changes reflect genuine views.

Sector allocation

Healthcare
100%

Long book by quarter

$34.7M
Q4 2025
$34.1M
Q1 2026

What does Madryn Asset own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
STIM NEURONETICS INCHealthcare18.5M$26.8M78.5%Held
OMDA OMADA HEALTH INCHealthcare583.8K$7.3M21.5%Held

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 15, 20262$34.1M canonicalSEC ↗
Q4 202513F-HRFeb 10, 20263$34.7M canonicalSEC ↗

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