AVORO CAPITAL ADVISORS LLC
Q2 2023 Form 13-F

NEW YORK, NEW YORK
CIK 0001633313 · CRD 154091 · SEC-registered investment adviser
$7.4B Reported Value Total

AVORO CAPITAL ADVISORS LLC reports 3 total accounts under management (AUM). There are 3 discretionary accounts valued at $7,777,370,092, and 0 non-discretionary accounts.

Source: Form ADV filed * Note that certain holdings are exempt from Form 13-F reporting, so the AUM totals may be greater than the Form 13-F total.
SEC Registered Discretionary Manager
Private funds (Form ADV)
4 funds · $14.0B gross asset value
Hedge Fund: $13.4B · Venture Capital Fund: $647.5M
Source: Form ADV filed 2026-03-05
Reported value
$7.4B
Quarter over quarter
+4.6%
Holdings
43
Top-10 concentration
69.1%

Key People

Form ADV owners & control persons
Behzad Aghazadeh
MEMBER
Neil Cammarosano
CHIEF FINANCIAL OFFICER
Scott Andrew Epstein
CHIEF OPERATING OFFICER AND CHIEF COMPLIANCE OFFICER

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Q2 2023 13F record

Q2 2023 13F filing summary

Q2 2023 Form 13F portfolio summary
Period of report June 30, 2023
Filed August 14, 2023
Form 13F-HR
Reported value $7.4B
Positions 43
Change in reported value +9.3%
New positions 6
Exited positions 1
Position turnover 15.9%
Top-10 concentration 69.1%

13F filings by quarter

Form 13F filings by quarter
Quarter Positions Value
Q2 2026 13F
Filed Aug 14, 2026
26 $11.1B
Q1 2026 13F
Filed May 15, 2026
30 $10.2B
Q4 2025 13F
Filed Feb 17, 2026
33 $10.2B
Q3 2025 13F
Filed Nov 14, 2025
30 $7.7B
Q2 2025 13F
Filed Aug 14, 2025
30 $5.7B
Q1 2025 13F
Filed May 15, 2025
33 $6.4B
Q4 2024 13F
Filed Feb 14, 2025
39 $7.1B
Q3 2024 13F
Filed Nov 14, 2024
35 $6.9B
Q2 2024 13F
Filed Aug 14, 2024
41 $7.5B
Q1 2024 13F
Filed May 15, 2024
46 $8.6B
Q4 2023 13F
Filed Feb 14, 2024
42 $7.2B
Q3 2023 13F
Filed Nov 14, 2023
45 $6.4B
Q2 2023 13F
Filed Aug 14, 2023
43 $7.4B
Q1 2023 13F
Filed May 15, 2023
38 $6.7B
Q4 2022 13F
Filed Feb 14, 2023
36 $6.7B
Q3 2022 13F
Filed Nov 14, 2022
39 $5.4B
Q2 2022 13F
Filed Aug 15, 2022
40 $5.1B
Q1 2022 13F
Filed May 16, 2022
43 $5.5B
Q4 2021 13F
Filed Feb 14, 2022
40 $5.9B
Q3 2021 13F
Filed Nov 15, 2021
43 $6.4B

27 earlier quarters on file — choose one from the quarter menu above.

Top 20 holdings · Q2 2023

Largest Q2 2023 13F positions by reported value
# Holding Reported value % of portfolio
1 APLS APELLIS PHARMACEUTICALS INC $1.0B 13.73%
2 HZNP HORIZON THERAPEUTICS PLC $720.0M 9.77%
3 UTHR UNITED THERAPEUTICS CORP $642.4M 8.71%
4 SRPT SAREPTA THERAPEUTICS INC $530.0M 7.19%
5 ARGX ARGENX SE $492.4M 6.68%
6 MDGL MADRIGAL PHARMACEUTICALS INC $350.0M 4.75%
7 BMRN BIOMARIN PHARMACEUTICAL INC $346.7M 4.7%
8 FOLD AMICUS THERAPEUTICS INC $344.1M 4.67%
9 SGEN SEAGEN INC $338.7M 4.59%
10 ASND ASCENDIS PHARMA $319.6M 4.34%
11 ISEE IVERIC BIO INC $316.7M 4.3%
12 KRYS KRYSTAL BIOTECH INC $300.6M 4.08%
13 ALNY ALNYLAM PHARMACEUTICALS INC $209.9M 2.85%
14 MRTX MIRATI THERAPEUTICS INC $200.7M 2.72%
15 XENE XENON PHARMACEUTICALS INC $188.7M 2.56%
16 CBAY CYMABAY THERAPEUTICS INC $112.8M 1.53%
17 DICE DICE THERAPEUTICS INC $102.2M 1.39%
18 KYMR KYMERA THERAPEUTICS INC $88.6M 1.2%
19 MLTX MOONLAKE IMMUNOTHERAPEUTICS $88.0M 1.19%
20 BCRX BIOCRYST PHARMACEUTICALS INC $84.9M 1.15%

Values as reported on the Q2 2023 Form 13F. Every position is in the holdings table below.

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