SEC 13F Intelligence

Managers / Q1 2022 · view latest →

Octagon Capital Advisors LP

CIK 0001839435 · 654 MADISON AVENUE, 21ST FLOOR, NEW YORK, NY, 10065 · 212-369-2829

Reported Value
$463M
Q1 2022
Positions
24
Filings on Record
23
2019–present window
Filed
May 16, 2022
original filing

Summary

Octagon Capital Advisors LP reported $463M in U.S.-listed holdings across 24 positions for Q1 2022.

The portfolio is heavily concentrated: APLSUSD alone accounts for 25.7% of reported value.

Compared with Q4 2021, the fund opened 3 new positions and exited 7.

Portfolio Metrics

Turnover
+13.9%
vs prior filed quarter
Top-10 Concentration
+79.4%
share of reported value
Largest Position
+25.7%
Apellis Pharmaceuticals
New / Exited
3 / 7
positions this quarter

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. 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
Q4 ’20: $288MQ4 ’20Q1 ’21: $265MQ2 ’21: $483MQ3 ’21: $406MQ3 ’21Q4 ’21: $514MQ1 ’22: $463MQ2 ’22: $375MQ2 ’22Q3 ’22: $579MQ4 ’22: $642MQ1 ’23: $695MQ1 ’23Q2 ’23: $719MQ3 ’23: $651MQ4 ’23: $625MQ4 ’23Q1 ’24: $834MQ2 ’24: $636MQ3 ’24: $643MQ3 ’24Q4 ’24: $608MQ1 ’25: $517MQ2 ’25: $456MQ2 ’25Q3 ’25: $660MQ4 ’25: $824MQ1 ’26: $904MQ1 ’26filingsflow.com

Portfolio Composition

By security type
Common Stock: 91.7%ADR: 3.7%Other: 3.5%ETP: 1.1%
  • Common Stock · 91.7% · $424M
  • ADR · 3.7% · $17M
  • Other · 3.5% · $16M
  • ETP · 1.1% · $5M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2021 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
HORIZON THERAPEUTICS PUB LNEW+100.0K100.0K+$11M$11M
SURFUSDSURFACE ONCOLOGY INCNEW+2.30M2.30M+$7M$7M
SPDR SER TRNEW+55.8K55.8K+$5M$5M
CHINOOK THERAPEUTICS INCADDED+856.3K1.36M+$14M$22M
IMVTIMMUNOVANT INCADDED+902.1K1.48M+$3M$8M
CTKBCYTEK BIOSCIENCES INCSOLD OUT400.0K0$7M$0
CRDFCARDIFF ONCOLOGY INCSOLD OUT982.8K0$6M$0
HELIX ACQUISITION CORPSOLD OUT400.0K0$4M$0

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

Holdings — Q1 2022

24 positions
#IssuerClass% PortfolioValueShares
1APLSUSDAPELLIS PHARMACEUTICALS INChistory →COM25.70%$119M2.34M
2RCUSARCUS BIOSCIENCES INChistory →COM16.99%$79M2.49M
3TCE2CELLDEX THERAPEUTICS INC NEWhistory →COM NEW5.61%$26M761.4K
4FDMT4D MOLECULAR THERAPEUTICS INhistory →COM5.12%$24M1.57M
5BBIOBRIDGEBIO PHARMA INChistory →COM4.98%$23M2.27M
6GOSSGOSSAMER BIO INChistory →COM4.81%$22M2.56M
7CHINOOK THERAPEUTICS INCCOM4.80%$22M1.36M
8KROSKEROS THERAPEUTICS INChistory →COM4.00%$19M340.2K
9STOKSTOKE THERAPEUTICS INChistory →COM3.70%$17M813.5K
10NBPI MABhistory →SPONSORED ADS3.69%$17M1.05M
112662247DITEOS THERAPEUTICS INChistory →COM3.14%$15M450.8K
12VERAVERA THERAPEUTICS INChistory →CL A2.92%$14M575.0K
13ARVNARVINAS INChistory →COM2.60%$12M178.5K
14HORIZON THERAPEUTICS PUB LSHS2.27%$11M100.0K
15IPSCCENTURY THERAPEUTICS INChistory →COM1.79%$8M658.3K
16IMVTIMMUNOVANT INChistory →COM1.76%$8M1.48M
17SURFUSDSURFACE ONCOLOGY INChistory →COM1.46%$7M2.30M
18RNAGBPAVIDITY BIOSCIENCES INChistory →COM1.28%$6M321.6K
19DYNDYNE THERAPEUTICS INChistory →COM1.09%$5M525.3K
20SPDR SER TRS&P BIOTECH1.08%$5M55.8K
21PROMETHEUS BIOSCIENCES INCCOM0.65%$3M80.0K
22OMEGA THERAPEUTICS INCCOMMON STOCK0.24%$1M176.5K
23CONNECT BIOPHARMA HLDGS LTDADS0.18%$845,000279.9K
24AMBRX BIOPHARMA INCSPONSORED ADS0.13%$616,000149.4K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$904M29May 15, 202613F-HRchanges · EDGAR ↗
Q4 2025$824M27Feb 17, 202613F-HRchanges · EDGAR ↗
Q3 2025$660M27Nov 14, 202513F-HRchanges · EDGAR ↗
Q2 2025$456M30Aug 14, 202513F-HRchanges · EDGAR ↗
Q1 2025$517M35May 16, 2025RESTATEMENTchanges · EDGAR ↗
Q4 2024$608M33Feb 14, 202513F-HRchanges · EDGAR ↗
Q3 2024$643M42Nov 14, 202413F-HRchanges · EDGAR ↗
Q2 2024$636M47Aug 14, 202413F-HRchanges · EDGAR ↗
Q1 2024$834M57May 15, 202413F-HRchanges · EDGAR ↗
Q4 2023$625M33Feb 14, 202413F-HRchanges · EDGAR ↗
Q3 2023$651M40Nov 14, 202313F-HRchanges · EDGAR ↗
Q2 2023$719M41Aug 14, 202313F-HRchanges · EDGAR ↗
Q1 2023$695M36May 15, 202313F-HRchanges · EDGAR ↗
Q4 2022$642M32Feb 14, 202313F-HRchanges · EDGAR ↗
Q3 2022$579M35Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$375M20Aug 15, 202213F-HRchanges · EDGAR ↗
Q1 2022$463M24May 16, 202213F-HRchanges · EDGAR ↗
Q4 2021$514M28Feb 14, 202213F-HRchanges · EDGAR ↗
Q3 2021$406M30Nov 15, 202113F-HRchanges · EDGAR ↗
Q2 2021$483M34Aug 16, 202113F-HRchanges · EDGAR ↗
Q1 2021$265M28May 17, 202113F-HRchanges · EDGAR ↗
Q4 2020$288M31Feb 16, 202113F-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 ↗.