Managers / Q3 2022 · view latest →
Madryn Asset Management, LP
CIK 0001787423 · 330 MADISON AVENUE, 33RD FLOOR, NEW YORK, NY, 10017 · 6465605493
Summary
Madryn Asset Management, LP reported $63M in U.S.-listed holdings across 4 positions for Q3 2022.
The portfolio is heavily concentrated: ESTA alone accounts for 63.2% of reported value.
The book was largely unchanged from Q2 2022.
Portfolio Metrics
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
Portfolio Composition
- Common Stock · 97.5% · $62M
- Other · 2.5% · $2M
Quarter-over-Quarter Changes full breakdown →
vs Q2 2022 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| SOMALOGIC INC | HELD | +0 | 7.47M | −$12M | $22M |
| SOMALOGIC INC | HELD | +0 | 838.1K | −$878,000 | $850,000 |
| ESTAESTABLISHMENT LABS HLDGS INC | HELD | +0 | 732.0K | +$169,000 | $40M |
| VENUS CONCEPT INC | HELD | +0 | 1.68M | −$39,000 | $740,000 |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q3 2022
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | ESTAESTABLISHMENT LABS HLDGS INChistory → | COM | 63.23% | $40M | 732.0K |
| 2 | SOMALOGIC INC | CLASS A COM · CALL | 35.60% | $23M | 8.31M |
| 3 | VENUS CONCEPT INC | COM | 1.17% | $740,000 | 1.68M |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q1 2026 | $34M | 2 | May 15, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q4 2025 | $35M | 3 | Feb 10, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q3 2023 | $36M | 5 | Nov 2, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q2 2023 | $44M | 5 | Aug 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q1 2023 | $76M | 5 | May 12, 2023 | RESTATEMENT | changes · EDGAR ↗ |
| Q3 2022 | $63M | 4 | Nov 14, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q2 2022 | $76M | 4 | Aug 12, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q1 2022 | $115M | 4 | May 27, 2022 | RESTATEMENT | changes · 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 ↗.