Propel Bio Management, LLC

CIK 0001969764 · Q1 2026

13F Equity AUM

$158.7M

+35.5% QoQ

Positions

+18 QoQ

AUM Rank

#8,318

Top 67%

Skill Alpha (FF)

—

Building track record (7q)

Quarters Tracked

~2 years

Portfolio Concentration

Top 5: 41.6%Top 10: 58.3%Top 20: 81.0%

PAGPEUR19.0%

SP4P7.2%

PHAT5.9%

DCTH5.8%

HTD3.8%

ABEO3.8%

VOR3.5%

KYTX3.5%

MIST3.2%

TCE22.6%

Others (28)41.7%

HHI (Herfindahl-Hirschman Index) measures portfolio concentration. Low (<1500) = diversified, Moderate (1500-2500), High (>2500) = concentrated bets.

Sector Allocation

Healthcare75.1%

Energy19.0%

Financial Services3.8%

Unclassified2.1%

Portfolio weight by GICS sector based on latest 13F filing. Sectors below 2% are grouped as “Other.”

Position Sizing

Positions: 38Median: 1.91%Avg: 2.63%

0–0.5%

2(0.4%)

0.5–1%

7(5.6%)

1–3%

20(38.3%)

3–5%

5(17.8%)

5%+

4(37.9%)

Count of positions per weight bucket — (%) = combined portfolio weight

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Portfolio Overlap

Shared: 34Unique: 4vs 20 funds

0.5%Low

Fund positions

7,299

Consensus CUSIPs

Jaccard similarity of this fund’s portfolio vs the consensus of top 20 funds by AUM. Low (<15%) = contrarian, Moderate (15-40%), High (>40%) = follows the crowd.

Most Similar Funds

Top 9 benchmark funds with highest portfolio overlap (Jaccard similarity)

GEODE CAPITAL MANAGEMENT, LLC

0.9%

VANGUARD CAPITAL MANAGEMENT LLC

0.8%

MORGAN STANLEY

0.5%

BlackRock, Inc.

0.7%

STATE STREET CORP

0.6%

VANGUARD PORTFOLIO MANAGEMENT LLC

0.7%

BANK OF AMERICA CORP /DE/

0.4%

JPMORGAN CHASE & CO

0.4%

FMR LLC

0.4%

Jaccard similarity per fund: shared CUSIPs / (fund A + fund B − shared). Higher values indicate more similar portfolios.

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Position Changes This Quarter

New22Increased6Decreased6Exited4

New Positions

HTD3.8%

+148K

VOR3.5%

+315K

OBIO2.4%

+897K

FDMT2.3%

+380K

OCUL2.0%

+382K

UPB1.9%

+342K

AQST1.9%

+711K

EYPT1.8%

+216K

TRVI1.7%

+224K

IMUX1.6%

+2.3M

Increased

DCTH5.8%

+541K(+123%)

ABEO3.8%

+499K(+60%)

SABS2.5%

+360K(+55%)

KLRS1.1%

+254K(+603%)

ZVRA1.7%

+219K(+343%)

PHAT5.9%

+100K(+14%)

Decreased

IVA2.5%

-275,322(-28%)

CMPS2.6%

-119,729(-14%)

VRDN2.6%

-72,368(-26%)

OCSAW2.1%

-50,616(-29%)

TCE22.6%

-22,936(-15%)

KYTX3.5%

-22,245(-3%)

Exited

-82,822

-116,896

-59,085

-46,408

Quarter-over-quarter changes compared to prior 13F filing. New = first appearance; Exited = no longer held.

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Holdings

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