Vestal Point Capital, LP

CIK 0001974915 · Q1 2026

13F Equity AUM

$3.6B

+21.6% QoQ

Positions

+14 QoQ

AUM Rank

#1,241

Top 10%

Skill Alpha (FF)

-26.2%/yr^ns

No Clear Edge

Rank #8,185 · Top 100%

vs S&P +8.4%/yr (unadj.)

Quarters Tracked

~2 years

Portfolio Concentration

Top 5: 25.4%Top 10: 40.4%Top 20: 60.1%

RVMD6.5%

BMRN5.7%

ABVX4.7%

NBIX4.6%

ARWR4.0%

ELVN3.6%

RGEN3.0%

BCAX3.0%

NRIX2.8%

APGE2.6%

Others (80)59.6%

HHI (Herfindahl-Hirschman Index) measures portfolio concentration. Low (<1500) = diversified, Moderate (1500-2500), High (>2500) = concentrated bets.

Sector Allocation

Healthcare99.5%

Other0.6%

Portfolio weight by GICS sector based on latest 13F filing. Sectors below 2% are grouped as “Other.”

Position Sizing

Positions: 90Median: 0.70%Avg: 1.11%

0–0.5%

39(8.5%)

0.5–1%

15(10.9%)

1–3%

28(45.5%)

3–5%

6(22.9%)

5%+

2(12.1%)

Count of positions per weight bucket — (%) = combined portfolio weight

Loading summary cards...

Portfolio Overlap

Shared: 87Unique: 3vs 20 funds

1.2%Low

Fund positions

7,299

Consensus CUSIPs

Jaccard similarity of this fund’s portfolio vs the consensus of top 20 funds by AUM. Low (<15%) = contrarian, Moderate (15-40%), High (>40%) = follows the crowd.

Most Similar Funds

Top 9 benchmark funds with highest portfolio overlap (Jaccard similarity)

GEODE CAPITAL MANAGEMENT, LLC

2.4%

BlackRock, Inc.

VANGUARD CAPITAL MANAGEMENT LLC

2.3%

MORGAN STANLEY

1.5%

STATE STREET CORP

2.2%

BANK OF AMERICA CORP /DE/

1.5%

FMR LLC

2.4%

VANGUARD PORTFOLIO MANAGEMENT LLC

2.5%

JPMORGAN CHASE & CO

1.3%

Jaccard similarity per fund: shared CUSIPs / (fund A + fund B − shared). Higher values indicate more similar portfolios.

Loading overlap analysis...

Position Changes This Quarter

New37Increased33Decreased14Exited23

New Positions

NBIX4.6%

+1.3M

SNY1.9%

+1.4M

BSX1.4%

+800K

COGT1.3%

+1.2M

UTH1.2%

+75K

DRUG1.0%

+492K

PTGX1.0%

+326K

REGN0.9%

+40K

VKTX0.8%

+914K

WAT0.8%

+100K

Increased

BCRX1.9%

+4.8M(+212%)

TSHA2.3%

+4.3M(+31%)

DYN2.0%

+3.9M(+3233%)

GLUE1.7%

+2.8M(+365%)

IMCR2.3%

+2.2M(+373%)

RVMD6.5%

+2.1M(+705%)

BCAX3.0%

+1.9M(+52%)

NRIX2.8%

+1.8M(+39%)

BBNX0.6%

+1.6M(+269%)

VYGR0.3%

+1.5M(+104%)

Decreased

GON0.1%

-8,780,000(-78%)

TERN1.5%

-3,500,000(-78%)

TYRA0.1%

-2,371,000(-98%)

OLMA0.2%

-1,221,449(-74%)

SLDB1.0%

-815,000(-14%)

GMED1.5%

-664,480(-52%)

ELVN3.6%

-580,000(-15%)

ANRO1.3%

-420,925(-17%)

ABVX4.7%

-400,000(-21%)

ALC1.7%

-305,000(-28%)

Exited

-350,000

-2,925,000

-1,275,000

-775,000

-600,000

-290,000

-5,200,000

-210,000

-360,000

-865,000

Quarter-over-quarter changes compared to prior 13F filing. New = first appearance; Exited = no longer held.

Loading position changes...

Holdings

Loading holdings...