In Q3 2025, Deerfield Management held 122 positions worth $5.1B. They initiated 17 new positions and exited 539. Their largest holding was NUVL ($1.6B). Portfolio value grew +17.5% versus the prior quarter.
Frequently asked questions
What stocks did Deerfield Management own in Q3 2025?
Deerfield Management held 122 biotech stocks in their 13F portfolio in Q3 2025. Their top positions include NUVL, VTRS, UTHR, RVMD, INDV. The full holdings table is available on BiotechEdge with position sizes, quarter-over-quarter changes, and AI analysis.
How much was Deerfield Management's portfolio worth in Q3 2025?
Deerfield Management's tracked biotech portfolio was worth $5.1B across 122 positions, with total assets under management of approximately $16B. Portfolio values are based on 13F filings with the SEC.
What did Deerfield Management buy in Q3 2025?
Deerfield Management initiated 17 new positions in Q3 2025, including BBIO, CRMD, CELC, MNPR, SI and 12 more. They also increased 61 existing positions.
What did Deerfield Management sell in Q3 2025?
Deerfield Management fully exited 539 positions in Q3 2025, including GSCE, SMPL, PLRX, PTON, PAYO and 534 more. They also trimmed 16 existing positions.
Is Deerfield Management a biotech fund?
Multi-strategy healthcare fund with one of the longest track records in the space. Deerfield invests across public equity, private equity, structured credit, and royalties in healthcare. Known for creative financing structures and deep industry relationships across pharma and biotech.
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