Saturn V Capital Management LP

Fundamental concentrated ★Highest signal healthcare specialist (100%) CIK 1964437
League rank
#336
in Fundamental concentrated · #746 overall
Long book
$552.2M
Q1 2026
Positions
21
Top-10 weight
77%
concentration
Last quarter
+18.5%
SPY +14.8%
Turnover
29%
of book per quarter

Strategy in plain words

auto-generated from filings

Saturn V Capital Management LP is a concentrated fundamental stock-picker, specialised in healthcare (100% of the long book), running a $552.2M US long book across 21 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: ALUMIS INC, AMYLYX PHARMACEUTICALS INC, ABIVAX SA-ADR, VAXCYTE INC, PHARVARIS NV.

Over the last 9 quarters its long book ran on average 8.3pp per quarter ahead of the S&P 500, beating the index in 5 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
-4.2%
Q2 2024
+13.1%
Q3 2024
-15.0%
Q4 2024
-23.8%
Q1 2025
+9.6%
Q2 2025
+76.5%
Q3 2025
+32.2%
Q4 2025
+8.4%
Q1 2026
+18.5%

Sector allocation

Healthcare
100%

Long book by quarter

$249.4M
Q1 2024
$264.6M
Q2 2024
$279.8M
Q3 2024
$255.4M
Q4 2024
$198.2M
Q1 2025
$246.8M
Q2 2025
$456.0M
Q3 2025
$544.9M
Q4 2025
$552.2M
Q1 2026

What does Saturn V own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
ALMS ALUMIS INCHealthcare3.2M$70.5M12.8%+2.1%
AMLX AMYLYX PHARMACEUTICALS INCHealthcare4.3M$60.5M10.9%-3.3%
PCVX VAXCYTE INCHealthcare824.5K$47.9M8.7%+3.2%
PHVS PHARVARIS NVHealthcare1.2M$33.9M6.1%+5.4%
IMMX IMMIX BIOPHARMA INCHealthcare3.7M$33.6M6.1%+23.2%
CELC CELCUITY INCHealthcare281.9K$32.2M5.8%-11.1%
JAZZ JAZZ PHARMACEUTICALS PLCHealthcare163.0K$30.8M5.6%-34.3%
IRON DISC MEDICINE INCHealthcare449.9K$28.8M5.2%+50.8%
XFOR X4 PHARMACEUTICALS INCHealthcare6.5M$26.7M4.8%+11.3%
COGT COGENT BIOSCIENCES INCHealthcare626.6K$24.1M4.4%-48.5%
MNPR MONOPAR THERAPEUTICS INCHealthcare345.6K$18.9M3.4%+6.1%
DYN DYNE THERAPEUTICS INCHealthcare966.6K$17.5M3.2%-46.0%
IVVD INVIVYD INCHealthcare10.9M$14.2M2.6%+41.5%
CADL CANDEL THERAPEUTICS INCHealthcare2.9M$14.2M2.6%New
OCS OCULIS HOLDING AGHealthcare516.8K$13.7M2.5%Held
OVID OVID THERAPEUTICS INCHealthcare4.2M$9.2M1.7%+66.7%
IKT INHIBIKASE THERAPEUTICS INCHealthcare3.9M$6.5M1.2%+0.2%
ZURA ZURA BIO LTDHealthcare740.0K$4.4M0.8%New
ANRO ALTO NEUROSCIENCE INCHealthcare89.0K$2.0M0.4%New
MSLE SATELLOS BIOSCIENCE INCHealthcare350.0K$2.0M0.4%New

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 15, 202621$552.2M canonicalSEC ↗
Q4 202513F-HRFeb 17, 202620$544.9M canonicalSEC ↗
Q3 202513F-HRNov 14, 202517$456.0M canonicalSEC ↗
Q2 202513F-HRAug 13, 202524$246.8M canonicalSEC ↗
Q1 202513F-HRMay 15, 202521$198.2M canonicalSEC ↗
Q4 202413F-HRFeb 14, 202524$255.4M canonicalSEC ↗
Q3 202413F-HRNov 14, 202425$279.8M canonicalSEC ↗
Q2 202413F-HRAug 14, 202426$264.6M canonicalSEC ↗
Q1 202413F-HRMay 15, 202421$249.4M canonicalSEC ↗