SEC 13F Intelligence

Managers / Q2 2021 · view latest →

Aquilo Capital Management, LLC

CIK 0001591986 · ONE LETTERMAN DRIVE, SUITE D4900, BUILDING D, SAN FRANCISCO, CA, 94129 · 415-635-0140

Reported Value
$385M
Q2 2021
Positions
15
Filings on Record
27
2019–present window
Filed
Aug 16, 2021
original filing

Summary

Aquilo Capital Management, LLC reported $385M in U.S.-listed holdings across 15 positions for Q2 2021.

Its largest position, Dicerna Pharmaceuticals, represents 17.6% of the portfolio.

Compared with Q1 2021, the fund opened 0 new positions and exited 2.

Portfolio Metrics

Turnover
+12.3%
vs prior filed quarter
Top-10 Concentration
+88.8%
share of reported value
Largest Position
+17.6%
Dicerna Pharmaceuticals

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q1 ’19: $226MQ1 ’19Q2 ’19: $288MQ3 ’19: $142MQ4 ’19: $266MQ1 ’20: $257MQ1 ’20Q2 ’20: $496MQ3 ’20: $945MQ4 ’20: $481MQ1 ’21: $553MQ1 ’21Q2 ’21: $385MQ3 ’21: $551MQ4 ’21: $882MQ1 ’22: $680MQ1 ’22Q2 ’22: $293MQ3 ’22: $277MQ4 ’22: $266MQ1 ’23: $241MQ1 ’23Q2 ’23: $180MQ3 ’23: $110MQ4 ’23: $160MQ1 ’24: $133MQ1 ’24Q2 ’24: $104MQ3 ’24: $132MQ4 ’24: $66MQ1 ’25: $56MQ1 ’25Q2 ’25: $0Q3 ’25: $0filingsflow.com

Portfolio Composition

By security type
Common Stock: 81.5%Other: 13.0%ADR: 5.5%
  • Common Stock · 81.5% · $314M
  • Other · 13.0% · $50M
  • ADR · 5.5% · $21M

Quarter-over-Quarter Changes full breakdown →

vs Q1 2021 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
FDMT4D MOLECULAR THERAPEUTICS INADDED+644.5K945.4K+$10M$23M
SPYSPDR S&P 500 ETF TRSOLD OUT300.0K0$119M$0
XBISPDR S&P BIOTECH ETF TRSOLD OUT500.0K0$68M$0
HARPOON THERAPEUTICS INCTRIMMED841.5K712.7K$23M$10M
AMRYT PHARMA PLCADDED+340.0K1.14M+$3M$14M
GALAPAGOS NVADDED+25.6K142.3K+$808,000$10M
QUREUNIQURE NVADDED+202.1K1.16M+$3M$36M
PIERIS PHARMACEUTICALS INCTRIMMED479.0K3.20M+$3M$12M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q2 2021

15 positions
#IssuerClass% PortfolioValueShares
1DICERNA PHARMACEUTICALS INCCOM17.58%$68M1.81M
2SPROSPERO THERAPEUTICS INChistory →COM13.89%$53M3.83M
3BLUEPRINT MEDICINES CORPCOM10.25%$39M448.5K
4ARWRARROWHEAD PHARMACEUTICALS INhistory →COM9.32%$36M432.9K
5QUREUNIQURE NVhistory →SHS9.26%$36M1.16M
6MAGENTA THERAPEUTICS INCCOM6.83%$26M2.69M
7NGM BIOPHARMACEUTICALS INCCOM6.12%$24M1.19M
8RGNXREGENXBIO INChistory →COM6.01%$23M595.4K
9FDMT4D MOLECULAR THERAPEUTICS INhistory →COM5.92%$23M945.4K
10AMRYT PHARMA PLCSPONSORED ADS3.59%$14M1.14M
11PIERIS PHARMACEUTICALS INCCOM3.18%$12M3.20M
12HARPOON THERAPEUTICS INCCOM2.57%$10M712.7K
13GALAPAGOS NVSPON ADR2.55%$10M142.3K
14ARGXARGENX SEhistory →SPONSORED ADR1.66%$6M21.2K
15GMABGENMAB A/Shistory →SPONSORED ADS1.27%$5M120.0K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q3 2025$01Nov 12, 202513F-HRchanges · EDGAR ↗
Q2 2025$01Aug 6, 202513F-HRchanges · EDGAR ↗
Q1 2025$56M13May 15, 202513F-HRchanges · EDGAR ↗
Q4 2024$66M15Feb 14, 202513F-HRchanges · EDGAR ↗
Q3 2024$132M14Nov 14, 202413F-HRchanges · EDGAR ↗
Q2 2024$104M13Aug 14, 202413F-HRchanges · EDGAR ↗
Q1 2024$133M10May 15, 202413F-HRchanges · EDGAR ↗
Q4 2023$160M10Feb 14, 202413F-HRchanges · EDGAR ↗
Q3 2023$110M12Nov 14, 202313F-HRchanges · EDGAR ↗
Q2 2023$180M13Aug 14, 202313F-HRchanges · EDGAR ↗
Q1 2023$241M12May 15, 202313F-HRchanges · EDGAR ↗
Q4 2022$266M13Feb 14, 202313F-HRchanges · EDGAR ↗
Q3 2022$277M15Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$293M13Aug 15, 202213F-HRchanges · EDGAR ↗
Q1 2022$680M14May 16, 202213F-HRchanges · EDGAR ↗
Q4 2021$882M14Feb 14, 202213F-HRchanges · EDGAR ↗
Q3 2021$551M14Nov 15, 202113F-HRchanges · EDGAR ↗
Q2 2021$385M15Aug 16, 202113F-HRchanges · EDGAR ↗
Q1 2021$553M17May 17, 202113F-HRchanges · EDGAR ↗
Q4 2020$481M17Feb 16, 202113F-HRchanges · EDGAR ↗
Q3 2020$945M17Nov 16, 202013F-HRchanges · EDGAR ↗
Q2 2020$496M14Aug 14, 202013F-HRchanges · EDGAR ↗
Q1 2020$257M14May 15, 202013F-HRchanges · EDGAR ↗
Q4 2019$266M12Feb 14, 202013F-HRchanges · EDGAR ↗
Q3 2019$142M11Nov 14, 201913F-HRchanges · EDGAR ↗
Q2 2019$288M13Aug 14, 201913F-HRchanges · EDGAR ↗
Q1 2019$226M14May 15, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.