Venrock Adviser, LLC
Reported holdings as of Q2 2026, from 26 quarterly filings.
Holdings
| Security | Ticker | Value | Shares | Weight | Weight change | Held | Change |
|---|---|---|---|---|---|---|---|
| APOGEE THERAPEUTICS INC | APGE | $1.1B | 8,493,321 | +7.50pp | 12q | HELD | |
| ORUKA THERAPEUTICS INC | ORKA | $394.8M | 4,148,428 | +4.38pp | 8q | HELD | |
| ERASCA INC | ERAS | $327.8M | 17,891,812 | +0.04pp | 9q | +9.2%+$27.6M | |
| SPYRE THERAPEUTICS INC | SYRE | $265.0M | 2,985,448 | +1.10pp | 11q | -19.0%-$62.1M | |
| DIANTHUS THERAPEUTICS INC | DNTH | $115.0M | 1,180,000 | -0.21pp | 12q | HELD | |
| OCULAR THERAPEUTIX INC | OCUL | $101.6M | 10,346,926 | -0.19pp | 11q | HELD | |
| DAMORA THERAPEUTICS INC | DMRA | $93.7M | 3,603,595 | -0.64pp | 2q | HELD | |
| SAVARA INC | SVRA | $90.8M | 14,745,943 | -0.05pp | 6q | +7.3%+$6.2M | |
| JADE BIOSCIENCES INC | JBIO | $71.6M | 3,220,364 | +0.48pp | 5q | HELD | |
| COGENT BIOSCIENCES INC | COGT | $63.6M | 1,642,166 | -0.95pp | 23q | -17.9%-$13.8M | |
| VIRIDIAN THERAPEUTICS INC | VRDN | $59.8M | 3,257,917 | -1.02pp | 23q | -16.1%-$11.5M | |
| VOR BIOPHARMA INC | VOR | $56.0M | 3,041,719 | -0.33pp | 4q | HELD | |
| DYNE THERAPEUTICS INC | DYN | $48.3M | 2,173,913 | -0.01pp | 13q | HELD | |
| MAZE THERAPEUTICS INC | MAZE | $47.8M | 1,602,034 | -0.34pp | 4q | HELD | |
| RELMADA THERAPEUTICS INC | RLMD | $47.4M | 6,844,305 | +0.18pp | 2q | +41.3%+$13.8M | |
| ORIC PHARMACEUTICALS INC | ORIC | $46.8M | 4,319,765 | -0.62pp | 13q | HELD | |
| CRESCENT BIOPHARMA INC. | CBIO | $38.4M | 2,133,576 | -0.30pp | 5q | HELD | |
| ZURA BIO LTD | ZURA | $38.0M | 6,434,990 | -0.28pp | 9q | HELD | |
| ADLAI NORTYE LTD | ANL | $36.9M | 3,212,731 | +0.29pp | 2q | HELD | |
| ENLIVEN THERAPEUTICS INC | ELVN | $26.7M | 526,331 | -1.72pp | 14q | -69.5%-$60.9M | |
| CYBIN INC | HELP | $25.5M | 3,851,654 | +0.08pp | 3q | HELD | |
| CULLINAN THERAPEUTICS INC | CGEM | $25.1M | 1,379,965 | +0.03pp | 9q | HELD | |
| CENTURY THERAPEUTICS INC | IPSC | $21.3M | 8,695,652 | -0.09pp | 2q | HELD | |
| ARTIVA BIOTHERAPEUTICS INC | ARTV | $19.8M | 2,043,596 | +0.21pp | 8q | +27.0%+$4.2M | |
| CYTOMX THERAPEUTICS INC | CTMX | $18.7M | 4,982,124 | -1.18pp | 5q | -50.1%-$18.8M | |
| ACHIEVE LIFE SCIENCE INC | ACHV | $18.0M | 2,751,032 | - | new | NEW | |
| PARABILIS MEDICINES INC | PBLS | $17.1M | 625,000 | - | new | NEW | |
| SURROZEN INC | SRZN | $16.4M | 632,931 | -0.19pp | 6q | HELD | |
| KORRO BIO INC | KRRO | $13.3M | 1,009,500 | -0.02pp | 2q | HELD | |
| ALTO NEUROSCIENCE INC | ANRO | $13.2M | 500,000 | -0.02pp | 2q | HELD | |
| X4 PHARMACEUTICALS INC | XFOR | $9.0M | 1,934,253 | +0.22pp | 2q | +485.2%+$7.5M | |
| RESEARCH ALLIANCE CORP III | RACC | $3.2M | 300,000 | - | new | NEW | |
| INMED PHARMACEUTICALS INC | INM | $50.7K | 32,685 | - | new | NEW |
By sector
Industry comes from the SIC code on each company's own SEC filings, which is self-reported and sometimes out of date. Derivative exposure is counted with the shares. Securities the SEC assigns no industry - funds, trusts, foreign issues - are shown as not classified rather than dropped.
| Sector | Value | Share |
|---|---|---|
| Biotech & Pharma | $3.3B | 99.4% |
| Not classified | $20.3M | 0.6% |
Quarter by quarter
| Quarter | Value | Positions | New | Added | Trimmed | Exited | Top 10 | Days to file |
|---|---|---|---|---|---|---|---|---|
| Q2 2026 | $3.3B | 33 | 4 | 5 | 5 | 4 | 80.4% | 45 |
| Q1 2026 | $2.7B | 33 | 8 | 5 | 6 | 2 | 72.1% | 45 |
| Q4 2025 | $2.0B | 27 | 1 | 7 | 4 | 7 | 73.7% | 48 |
| Q3 2025 | $1.8B | 33 | 2 | 6 | 6 | 0 | 69.0% | 45 |
| Q2 2025 | $1.3B | 31 | 4 | 3 | 6 | 10 | 74.6% | 45 |
| Q1 2025 | $1.2B | 37 | 4 | 4 | 7 | 4 | 76.1% | 45 |
| Q4 2024 | $1.5B | 37 | 3 | 4 | 10 | 4 | 70.5% | 45 |
| Q3 2024 | $1.9B | 38 | 4 | 3 | 6 | 1 | 65.6% | 45 |
| Q2 2024 | $1.6B | 35 | 6 | 5 | 2 | 9 | 64.6% | 45 |
| Q1 2024 | $2.1B | 38 | 9 | 11 | 6 | 7 | 63.6% | 45 |
| Q4 2023 | $1.5B | 36 | 8 | 12 | 7 | 9 | 68.3% | 45 |
| Q3 2023 | $949.9M | 37 | 10 | 5 | 3 | 3 | 62.2% | 45 |
| Q2 2023 | $625.4M | 30 | 10 | 5 | 4 | 5 | 69.5% | 42 |
| Q1 2023 | $512.2M | 25 | 4 | 5 | 2 | 7 | 73.7% | 45 |
| Q4 2022 | $593.6M | 28 | 7 | 4 | 6 | 10 | 70.6% | 135 |
| Q3 2022 | $648.1M | 31 | 9 | 7 | 3 | 5 | 69.9% | 227 |
| Q2 2022 | $507.8M | 27 | 7 | 6 | 5 | 7 | 74.1% | 319 |
| Q1 2022 | $617.2M | 27 | 6 | 3 | 2 | 5 | 74.3% | 46 |
| Q4 2021 | $731.5M | 26 | 3 | 6 | 5 | 3 | 70.9% | 45 |
| Q3 2021 | $778.5M | 26 | 7 | 2 | 5 | 10 | 71.0% | 46 |
| Q2 2021 | $824.4M | 29 | 9 | 2 | 6 | 8 | 67.7% | 44 |
| Q1 2021 | $921.8M | 28 | 7 | 7 | 5 | 4 | 73.1% | 44 |
| Q4 2020 | $680.1M | 25 | 11 | 3 | 3 | 8 | 79.6% | 43 |
| Q3 2020 | $511.2M | 22 | 13 | 1 | 1 | 7 | 80.2% | 47 |
| Q2 2020 | $417.6M | 16 | 9 | 0 | 4 | 9 | 89.1% | 45 |
| Q1 2020 | $369.2M | 16 | 0 | 0 | 0 | 0 | 90.1% | 45 |
Rows marked UNVERIFIED ID, PLACEHOLDER ID, TICKER AS ID or NON-CUSIP ID carry an identifier that is not a valid CUSIP. They are shown because the filer reported that money, but treat the security named with caution - hover the chip for what is wrong with it, and see the methodology.
Held counts consecutive filings in which this manager reported the position, and can reach further back than the quarters listed above: the tabs begin at Q4 2018 because earlier coverage is too sparse to describe a market, but tenure is counted over every filing we hold, some reaching to 2007. A position sold and later rebought starts again from one.
Weight change is the shift in this position's share of the whole book, in percentage points. It is the more useful column: when money flows into or out of a broad fund, almost every holding is bought or sold at once, so added and trimmed largely track flows. A weight that rose while the book shrank is a decision. Both compare with the previous quarter this filer reported, not the previous calendar quarter.