13F Portfolios

DEERFIELD MANAGEMENT COMPANY, L.P.: PRAXIS PRECISION MEDICINES I (PRAX): Quarterly 13F Position History

As of Q2 2026, DEERFIELD MANAGEMENT COMPANY, L.P. reported 963,351 shares of PRAXIS PRECISION MEDICINES I (PRAX), worth $322.5M and representing 3.4% of its 13F equity book. The position first appeared in Q1 2025 and has been disclosed across 6 13F-HR filings in Pactolio's tracked window.

Quarterly 13F-HR Disclosure History Source: SEC 13F-HR filings, 6 quarter s

Quarter Shares QoQ Share Change Share Change (%) Market Value Weight Implied Price
Q2 2026 963,351 0 $322.5M 3.4% $334.8
Q1 2026 963,351 +60,000 +6.6% $310.4M 3.7% $322.2
Q4 2025 903,351 +62,500 +7.4% $266.3M 3.4% $294.7
Q3 2025 840,851 +153,920 +22.4% $44.6M 0.7% $53.0
Q2 2025 686,931 +67,000 +10.8% $28.9M 0.5% $42.0
Q1 2025 619,931 $23.5M 0.5% $37.9

Methodology & FAQ

How This Position History Is Sourced

Each row is one SEC Form 13F-HR filing disclosing this position. Share count, market value, and reported quarter are taken verbatim from the filing; portfolio weight is recomputed against the same filing's total reported equity book. Implied price-per-share is market value divided by shares, a quarter-end mark rather than the manager's cost basis. See the full methodology document for the normalization rules.

When did DEERFIELD MANAGEMENT COMPANY, L.P. first disclose a PRAX position in 13F-HR filings?

DEERFIELD MANAGEMENT COMPANY, L.P. first reported PRAXIS PRECISION MEDICINES I (PRAX) on its 13F-HR filing for the period ending 2025-03-31 (Q1 2025). The position has appeared on 6 reported quarters within Pactolio's tracked window.

What was DEERFIELD MANAGEMENT COMPANY, L.P.'s most recent quarter-over-quarter share-count change in PRAX?

DEERFIELD MANAGEMENT COMPANY, L.P. held the same 963,351 shares of PRAX between Q1 2026 and Q2 2026, so the reported share count was unchanged quarter-over-quarter.

Does the implied price-per-share represent DEERFIELD MANAGEMENT COMPANY, L.P.'s cost basis in PRAX?

No. The implied price-per-share column is the 13F-HR reported market value divided by reported share count on the filing date (end of quarter). It is a quarter-end mark, not a cost basis or transaction price. Use it as a sanity check on the value column, not as an indicator of the manager's entry or exit price.