ORACLE INVESTMENT MANAGEMENT INC

CIK

1012622

Location

GREENWICH, CT

Portfolio Value

Small $152,039,767

Diversification

Highly concentrated

Filing Date

Global Rank

#4,937 / 8,662 ▼ 45 · as of Dec 2025

Top Industry

Diagnostics & Research 77.5%

3Y Alpha vs SPY

-24.3%

Period ended 6 months ago

Filed Feb 18, 2026 · 5mo

24 quarters · since Mar 2020

Clone Performance

Jul 2023–Jul 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

-11.6%

SPY

+76.5%

Annualised alpha

-24.9%

Max drawdown

−64.5%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

16 positions · as of Dec 31, 2025 · Δ vs Sep 30, 2025

Top Position

75.7%

+8.4 pts

Top 5

92.7%

+4.3 pts

Top 10

98.4%

+0.0 pts

HHI

5,828

Highly concentrated+1,160

Portfolio Trend

24 quarters · across all stocks

Sector Breakdown

As of Dec 31, 2025

Sector	% Portfolio	Value	Positions
Healthcare	99.1%	$150,734,208	13
Consumer Cyclical	0.8%	$1,228,459	2
Industrials	0.1%	$77,100	1

Last Quarter's Activity

Export CSV

Dec 31, 2025 vs Sep 30, 2025

Added To

Positions the filer increased

4 positions

Ticker	Company	Δ Shares	Shares	Value
ARDX	Ardelyx, Inc.	+368,798	1,872,624	$10,917,397
PSNL	Personalis, Inc.	+109,908	339,343	$2,701,170
BHVN	Biohaven Ltd.	+32,195	772,181	$8,717,923
SGMOQ	Sangamo Therapeutics, Inc	+31,018	1,035,742	$435,011
No positions match the current search.

Trimmed

Positions the filer reduced

2 positions

Ticker	Company	Δ Shares	Shares	Value
TDOC	Teladoc Health, Inc.	−351,078	354,338	$2,480,366
WGS	GeneDx Holdings Corp.	−5,300	884,654	$115,058,099
No positions match the current search.

New Positions

Positions the filer opened this quarter

5 positions

Ticker	Company	Shares	Value
TSHA	Taysha Gene Therapies, Inc.	265,000	$1,457,500
EWTX	Edgewise Therapeutics, Inc.	38,343	$951,481
DAWN	Day One Biopharmaceuticals, Inc.	100,000	$932,000
TEM	Tempus AI, Inc.	6,507	$384,238
HTZ	Hertz Global Holdings, Inc	15,000	$77,100
No positions match the current search.

Sold Out

Positions the filer fully exited

4 positions

Ticker	Company	Shares	Value
PLTR	Palantir Technologies Inc.	29,500	$5,381,390
CNC	Centene Corp	110,300	$3,935,504
NVAX	Novavax Inc	243,000	$2,106,810
BDSX	Biodesix Inc	15,000	$113,250
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

16 positions · $152,039,767 total · as of Dec 31, 2025

All sectors Consumer Cyclical Healthcare Industrials

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
WGS	GeneDx Holdings Corp. Healthcare	Reduced	884,654	-5,300	$115,058,099	+20.0%	75.68%
ARDX	Ardelyx, Inc. Healthcare	Added	1,872,624	+368,798	$10,917,397	+31.8%	7.18%
BHVN	Biohaven Ltd. Healthcare	Added	772,181	+32,195	$8,717,923	−21.5%	5.73%
QDEL	QuidelOrtho Corp Healthcare	Held	118,291	0	$3,378,390	−3.0%	2.22%
FORA	Forian Inc. Healthcare	Held	1,366,107	0	$2,896,146	−5.8%	1.90%
PSNL	Personalis, Inc. Healthcare	Added	339,343	+109,908	$2,701,170	+80.6%	1.78%
TDOC	Teladoc Health, Inc. Healthcare	Reduced	354,338	-351,078	$2,480,366	−54.5%	1.63%
TSHA	Taysha Gene Therapies, Inc. Healthcare	NEW	265,000	NEW	$1,457,500	NEW	0.96%
CAVA	Cava Group, Inc. Consumer Cyclical	Held	17,100	0	$1,003,599	−2.8%	0.66%
EWTX	Edgewise Therapeutics, Inc. Healthcare	NEW	38,343	NEW	$951,481	NEW	0.63%
DAWN	Day One Biopharmaceuticals, Inc. Healthcare	NEW	100,000	NEW	$932,000	NEW	0.61%
SGMOQ	Sangamo Therapeutics, Inc Healthcare	Added	1,035,742	+31,018	$435,011	−35.4%	0.29%
BIIB	Biogen Inc. Healthcare	Held	2,412	0	$424,487	+25.6%	0.28%
TEM	Tempus AI, Inc. Healthcare	NEW	6,507	NEW	$384,238	NEW	0.25%
TSLA	Tesla, Inc. Consumer Cyclical	Held	500	0	$224,860	+1.1%	0.15%
HTZ	Hertz Global Holdings, Inc Industrials	NEW	15,000	NEW	$77,100	NEW	0.05%