Vivo Capital 13F annual report

Vivo Capital is an investment fund managing more than $1.08 trillion ran by Zhanping Wu. There are currently 42 companies in Wu’s portfolio. The largest investments include Soleno Therapeutics Inc and Geron, together worth $414 billion.

Limited to 30 biggest holdings

$1.08 trillion Assets Under Management (AUM)

As of 7th August 2024, Vivo Capital’s top holding is 7,316,851 shares of Soleno Therapeutics Inc currently worth over $299 billion and making up 27.6% of the portfolio value. Relative to the number of outstanding shares of Soleno Therapeutics Inc, Vivo Capital owns less than 0.2% of the company. In addition, the fund holds 27,225,292 shares of Geron worth $115 billion, whose value grew 125.2% in the past six months. The third-largest holding is Harmony Biosciences worth $78.6 billion and the next is Sinovac Biotech worth $76.3 billion, with 11,800,000 shares owned.

Currently, Vivo Capital's portfolio is worth at least $1.08 trillion. The total portfolio value may be much higher due to cash assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.

Careers at Vivo Capital

The Vivo Capital office and employees reside in Palo Alto, California. According to the last 13-F report filed with the SEC, Zhanping Wu serves as the Chief Compliance Officer at Vivo Capital.

Recent trades

In the most recent 13F filing, Vivo Capital revealed that it had opened a new position in Erasca Inc and bought 6,756,756 shares worth $15.9 billion.

The investment fund also strengthened its position in Oric Pharmaceuticals by buying 419,995 additional shares. This makes their stake in Oric Pharmaceuticals total 1,269,676 shares worth $8.98 billion. Oric Pharmaceuticals soared 48.8% in the past year.

On the other hand, there are companies that Vivo Capital is getting rid of from its portfolio. Vivo Capital closed its position in Alpine Immune Sciences Inc on 14th August 2024. It sold the previously owned 520,505 shares for $20.8 billion. Zhanping Wu also disclosed a decreased stake in Soleno Therapeutics Inc by 0.1%. This leaves the value of the investment at $299 billion and 7,316,851 shares.

One of the average hedge funds

The two most similar investment funds to Vivo Capital are Fifth Third Securities and Blue Chip Partners. They manage $1.08 trillion and $1.08 trillion respectively.


Zhanping Wu investment strategy

Vivo Capital’s portfolio is diversified across 2 sectors. Currently, their heaviest sector is Health Care — making up 85.4% of the total portfolio value. The fund focuses on investments in the United States as 50.0% of the portfolio companies are based in the United States.

The majority of the companies in the fund’s portfolio are small-cap stocks. Stocks with a size of more than $100 million in market cap make up 19% of the total holdings value. On the other hand, large-cap stocks make up only approximately 0.1% of the portfolio. The average market cap of the portfolio companies is close to $450 million.

The complete list of Vivo Capital trades based on 13F SEC filings

These positions were updated on August 14th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.

Security Shares Owned Value Allocation
Soleno Therapeutics Inc
13.08%
7,316,851
$298,527,521,000 27.58%
Geron Corp.
No change
27,225,292
$115,435,238,000 10.66%
Harmony Biosciences Holdings, Inc.
No change
2,606,247
$78,630,472,000 7.26%
Sinovac Biotech Ltd.
No change
11,800,000
$76,346,000,000 7.05%
Dyne Therapeutics, Inc.
No change
1,635,136
$57,703,949,000 5.33%
Avadel Pharmaceuticals plc
No change
3,972,099
$55,847,712,000 5.16%
Verona Pharma Plc
1.67%
3,549,758
$51,329,501,000 4.74%
Terns Pharmaceuticals Inc
7.13%
6,182,992
$42,106,176,000 3.89%
ALX Oncology Holdings Inc.
No change
4,220,048
$25,446,889,000 2.35%
Viridian Therapeutics Inc
No change
1,678,207
$21,833,473,000 2.02%
Astria Therapeutics Inc
No change
2,329,027
$21,194,146,000 1.96%
Silence Therapeutics plc
No change
1,105,454
$21,003,626,000 1.94%
Alpine Immune Sciences Inc
Closed
520,505
$20,794,175,000
Olema Pharmaceuticals, Inc.
No change
1,873,704
$20,273,477,000 1.87%
Cogent Biosciences, Inc.
No change
2,244,941
$18,924,853,000 1.75%
Crinetics Pharmaceuticals Inc
Closed
350,000
$16,383,500,000
Erasca Inc
Opened
6,756,756
$15,945,944,000 1.47%
Tarsus Pharmaceuticals, Inc.
No change
565,550
$15,371,649,000 1.42%
Delcath Systems, Inc.
No change
1,666,746
$13,950,664,000 1.29%
Rezolute Inc
No change
2,797,704
$12,030,127,000 1.11%
Genetron Holdings Ltd
Closed
2,708,056
$10,899,925,000
Savara Inc
Closed
2,088,323
$10,399,849,000
Celcuity Inc
Opened
610,500
$9,999,990,000 0.92%
Sera Prognostics Inc
No change
1,650,440
$9,770,605,000 0.90%
Compass Pathway Plc
No change
1,608,000
$9,712,320,000 0.90%
Zai Lab Ltd
No change
531,198
$9,205,661,000 0.85%
Oric Pharmaceuticals, Inc.
49.43%
1,269,676
$8,976,609,000 0.83%
Regulus Therapeutics Inc
No change
5,000,000
$8,925,000,000 0.82%
Abeona Therapeutics Inc
Opened
1,842,751
$7,813,264,000 0.72%
Tourmaline Bio Inc.
No change
591,882
$7,611,603,000 0.70%
Corbus Pharmaceuticals Holdings Inc
Opened
166,794
$7,547,429,000 0.70%
Io Biotech Inc
No change
6,173,439
$7,222,924,000 0.67%
Instil Bio Inc
0.00%
624,339
$6,424,448,000 0.59%
Engene Holdings Inc.
No change
678,705
$6,400,188,000 0.59%
Verastem Inc
No change
1,538,461
$4,584,614,000 0.42%
Compass Therapeutics Inc
No change
3,556,023
$3,556,023,000 0.33%
Allakos Inc
No change
2,988,000
$2,988,000,000 0.28%
Bolt Therapeutics Inc
No change
3,521,291
$2,640,968,000 0.24%
Dbv Technologies Sa
Closed
2,708,875
$2,029,218,000
Unicycive Therapeutics
No change
3,470,152
$1,738,893,000 0.16%
Aligos Therapeutics, Inc.
No change
3,547,030
$1,241,461,000 0.11%
Codexis Inc.
No change
388,144
$1,203,246,000 0.11%
Dbv Technologies Sa
Opened
1,354,437
$1,084,904,000 0.10%
Adverum Biotechnologies Inc
44.44%
833,333
$833,333,000 0.08%
Aadi Bioscience Inc
No change
509,572
$743,975,000 0.07%
Q32 Bio Inc.
94.44%
20,559
$369,034,000 0.03%
Precision BioSciences, Inc.
No change
4,675
$45,489,000 0.00%
No transactions found
Showing first 500 out of 47 holdings