SEC 13F Intelligence

Managers / Q2 2022 · view latest →

Madryn Asset Management, LP

CIK 0001787423 · 330 MADISON AVENUE, 33RD FLOOR, NEW YORK, NY, 10017 · 6465605493

Reported Value
$76M
Q2 2022
Positions
4
Filings on Record
12
2022–present window
Filed
Aug 12, 2022
original filing

Summary

Madryn Asset Management, LP reported $76M in U.S.-listed holdings across 4 positions for Q2 2022.

The portfolio is heavily concentrated: ESTA alone accounts for 52.3% of reported value.

The book was largely unchanged from Q1 2022.

Portfolio Metrics

Turnover
0.0%
vs prior filed quarter
Largest Position
+52.3%
Establishment Labs

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 ’22: $115MQ1 ’22Q2 ’22: $76MQ2 ’22Q3 ’22: $63MQ3 ’22Q1 ’23: $76MQ1 ’23Q2 ’23: $44MQ2 ’23Q3 ’23: $36MQ3 ’23Q4 ’25: $35MQ4 ’25Q1 ’26: $34MQ1 ’26filingsflow.com

Portfolio Composition

By security type
Common Stock: 96.7%Other: 3.3%
  • Common Stock · 96.7% · $74M
  • Other · 3.3% · $3M

Quarter-over-Quarter Changes full breakdown →

vs Q1 2022 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
SOMALOGIC INCHELD+07.47M$26M$34M
ESTAESTABLISHMENT LABS HLDGS INCHELD+0732.0K$10M$40M
SOMALOGIC INCHELD+0838.1K$2M$2M
VENUS CONCEPT INCHELD+01.68M$2M$779,000

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

Holdings — Q2 2022

3 positions (from 4 filing rows — )
#IssuerClass% PortfolioValueShares
1ESTAESTABLISHMENT LABS HLDGS INChistory →COM52.33%$40M732.0K
2SOMALOGIC INCCLASS A COM · CALL46.65%$35M8.31M
3VENUS CONCEPT INCCOM1.02%$779,0001.68M

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$34M2May 15, 202613F-HRchanges · EDGAR ↗
Q4 2025$35M3Feb 10, 202613F-HRchanges · EDGAR ↗
Q3 2023$36M5Nov 2, 202313F-HRchanges · EDGAR ↗
Q2 2023$44M5Aug 14, 202313F-HRchanges · EDGAR ↗
Q1 2023$76M5May 12, 2023RESTATEMENTchanges · EDGAR ↗
Q3 2022$63M4Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$76M4Aug 12, 202213F-HRchanges · EDGAR ↗
Q1 2022$115M4May 27, 2022RESTATEMENTchanges · 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 ↗.