SEC 13F Intelligence

Managers / Q1 2019 · view latest →

Krensavage Asset Management, LLC

CIK 0001609251 · 610 FIFTH AVENUE, SUITE 301, NEW YORK, NY, 10020 · 212-888-1582

Reported Value
$370M
Q1 2019
Positions
12
Filings on Record
32
2019–present window
Filed
May 15, 2019
original filing

Summary

Krensavage Asset Management, LLC reported $370M in U.S.-listed holdings across 12 positions for Q1 2019.

Its largest position, UTHR, represents 16.0% of the portfolio.

Portfolio Metrics

Top-10 Concentration
+99.2%
share of reported value
Largest Position
+16.0%
United Therapeutics

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: $370MQ1 ’19Q2 ’19: $308MQ3 ’19: $260MQ4 ’19: $293MQ1 ’20: $311MQ1 ’20Q2 ’20: $368MQ3 ’20: $314MQ4 ’20: $342MQ1 ’21: $289MQ1 ’21Q2 ’21: $295MQ3 ’21: $319MQ4 ’21: $288MQ1 ’22: $290MQ1 ’22Q2 ’22: $302MQ3 ’22: $314MQ4 ’22: $324MQ1 ’23: $329MQ1 ’23Q2 ’23: $316MQ3 ’23: $272MQ4 ’23: $282MQ1 ’24: $226MQ1 ’24Q2 ’24: $218MQ3 ’24: $178MQ4 ’24: $169MQ1 ’25: $181MQ1 ’25Q2 ’25: $189MQ3 ’25: $235MQ4 ’25: $283MQ1 ’26: $256MQ1 ’26filingsflow.com

Portfolio Composition

By security type
Common Stock: 99.9%Other: 0.1%
  • Common Stock · 99.9% · $370M
  • Other · 0.1% · $269,000

Quarter-over-Quarter Changes full breakdown →

IssuerMoveShare ΔShares nowValue ΔValue now
UTHRUNITED THERAPEUTICS CORPNEW+505.3K505.3K+$59M$59M
MCKMCKESSON CORPNEW+411.7K411.7K+$48M$48M
ENTAENANTA PHARMACEUTICALS INCNEW+476.0K476.0K+$45M$45M
BIIBBIOGEN INCNEW+180.0K180.0K+$43M$43M
AMGNAMGEN INCNEW+193.7K193.7K+$37M$37M
GILDGILEAD SCIENCES INCNEW+558.8K558.8K+$36M$36M
MRKMERCK & CO. INCNEW+412.8K412.8K+$34M$34M
ELANELANCO ANIMAL HEALTH INCNEW+904.2K904.2K+$29M$29M

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

Holdings — Q1 2019

12 positions
#IssuerClass% PortfolioValueShares
1UTHRUNITED THERAPEUTICS CORPhistory →COM16.03%$59M505.3K
2MCKMCKESSON CORPhistory →COM13.02%$48M411.7K
3ENTAENANTA PHARMACEUTICALS INChistory →COM12.29%$45M476.0K
4BIIBBIOGEN INChistory →COM11.50%$43M180.0K
5AMGNAMGEN INChistory →COM9.94%$37M193.7K
6GILDGILEAD SCIENCES INChistory →COM9.82%$36M558.8K
7MRKMERCK & CO. INChistory →COM9.28%$34M412.8K
8ELANELANCO ANIMAL HEALTH INChistory →COM7.84%$29M904.2K
9RTI SURGICAL HDS INCCOM6.45%$24M3.97M
10INVACARE CORPCOM3.05%$11M1.35M
11AVNSAVANOS MEDICAL INCCOM0.72%$3M62.1K
12DIGIRAD CORPCOM0.07%$269,000295.2K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$256M20May 15, 202613F-HRchanges · EDGAR ↗
Q4 2025$283M18Feb 18, 202613F-HRchanges · EDGAR ↗
Q3 2025$235M17Nov 17, 202513F-HRchanges · EDGAR ↗
Q2 2025$189M15Aug 15, 202513F-HRchanges · EDGAR ↗
Q1 2025$181M14May 15, 202513F-HRchanges · EDGAR ↗
Q4 2024$169M12Feb 18, 2025RESTATEMENTchanges · EDGAR ↗
Q3 2024$178M13Nov 15, 202413F-HRchanges · EDGAR ↗
Q2 2024$218M13Aug 15, 202413F-HRchanges · EDGAR ↗
Q1 2024$226M12May 15, 202413F-HRchanges · EDGAR ↗
Q4 2023$282M12Feb 14, 202413F-HRchanges · EDGAR ↗
Q3 2023$272M12Nov 15, 202313F-HRchanges · EDGAR ↗
Q2 2023$316M12Aug 11, 202313F-HRchanges · EDGAR ↗
Q1 2023$329M12May 16, 202313F-HRchanges · EDGAR ↗
Q4 2022$324M12Feb 15, 202313F-HRchanges · EDGAR ↗
Q3 2022$314M14Nov 15, 202213F-HRchanges · EDGAR ↗
Q2 2022$302M14Aug 16, 202213F-HRchanges · EDGAR ↗
Q1 2022$290M13May 17, 202213F-HRchanges · EDGAR ↗
Q4 2021$288M10Feb 15, 202213F-HRchanges · EDGAR ↗
Q3 2021$319M13Nov 16, 202113F-HRchanges · EDGAR ↗
Q2 2021$295M13Aug 13, 202113F-HRchanges · EDGAR ↗
Q1 2021$289M12May 18, 202113F-HRchanges · EDGAR ↗
Q4 2020$342M12Feb 17, 202113F-HRchanges · EDGAR ↗
Q3 2020$314M11Dec 8, 2020RESTATEMENTchanges · EDGAR ↗
Q2 2020$368M11Aug 20, 2020RESTATEMENTchanges · EDGAR ↗
Q1 2020$311M13May 18, 202013F-HRchanges · EDGAR ↗
Q4 2019$293M12Feb 18, 202013F-HRchanges · EDGAR ↗
Q3 2019$260M10Nov 15, 201913F-HRchanges · EDGAR ↗
Q2 2019$308M10Aug 14, 201913F-HRchanges · EDGAR ↗
Q1 2019$370M12May 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 ↗.