Madryn Asset Management, LP
CIK
1787423
Location
NEW YORK, NY
Portfolio Value
Micro
$34,128,410
Diversification
Highly concentrated
Filing Date
Global Rank
#7,294
/ 8,605
▲ 77
· as of Mar 2026
Top Industry
Medical Devices
78.5%
3Y Alpha vs SPY
-5.3%
Period ended 3 months ago
Filed May 15, 2026 · 55d
10 quarters · since Dec 2021
Clone Performance
Jul 2023–Jul 2026 · vs SPYHypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.
Cloned portfolio
+54.2%
SPY
+76.5%
Annualised alpha
-5.3%
Max drawdown
−70.2%
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
2 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025Top Position
78.5%
+5.1 pts
Top 5
100.0%
0.0 pts
Top 10
100.0%
0.0 pts
HHI
6,624
Highly concentrated+529
Portfolio Trend
10 quarters · across all stocks
Sector Breakdown
As of Mar 31, 2026| Sector | % Portfolio | Value |
|---|---|---|
| Healthcare | 100.0% | $34,128,410 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increasedNo qualifying positions this quarter.
Trimmed
Positions the filer reducedNo qualifying positions this quarter.
New Positions
Positions the filer opened this quarterNo qualifying positions this quarter.
Sold Out
Positions the filer fully exited
1 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| VERO | Venus Concept Inc. | 10,186 | $15,075 | |
| No positions match the current search. | ||||
2 positions ·
$34,128,410 total
· as of Mar 31, 2026
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| STIM |
Neuronetics, Inc.
Healthcare
|
Held | 18,475,893 | $26,790,044 | 78.50% | |
| OMDA |
Omada Health, Inc.
Healthcare
|
Held | 583,800 | $7,338,366 | 21.50% |