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Opaleye Management Inc.

Hedge FundLong/Short

Opaleye Management Inc. is a Long/Short Hedge Fund based in Boston, MA led by James Aaron Silverman, managing $702.7M across 42 long positions as of Q3 2025 with 93% Healthcare concentration, 73% concentrated in top 10 holdings, and 27% allocation to HROW.

PresidentJames Aaron Silverman
Portfolio Value
$702.7M
Positions
42
Top Holding
HROW at 26.77%
Last Reported
Q3 2025
AddressOne Boston Place, 26th Floor, Boston, MA, 02108, United States

Top Holdings

Largest long holdings in Opaleye Management Inc.'s portfolio (73.4% of total portfolio)

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HoldingSectorPositionWeightTradedOwnership
1
HROW
Harrow
HROW
Medical - Pharmaceuticals
Healthcare
$188.1M
26.77%
10.55%
3.9M shares
Biotechnology
Healthcare
$62.1M
8.84%
10.66%
2.9M shares
Biotechnology
Healthcare
$59.5M
8.46%
+$3.2M
Bought
3.04%
2.6M shares
Biotechnology
Healthcare
$46.6M
6.64%
-$1.3M
Sold
0.70%
461.7K shares
Biotechnology
Healthcare
$37.3M
5.31%
-$4.0M
Sold
3.66%
3.2M shares
Unknown
Unknown
$36.7M
5.23%
11.44%
980.0K shares
7
Codexis logo
Biotechnology
Healthcare
$31.2M
4.44%
+$475.8K
Bought
14.17%
12.8M shares
Biotechnology
Healthcare
$19.3M
2.75%
0.34%
535.0K shares
Biotechnology
Healthcare
$18.6M
2.65%
0.92%
1.6M shares
Biotechnology
Healthcare
$16.5M
2.35%
+$5.8M
Bought
0.54%
410.0K shares

Changes

Portfolio activity, position movements, and quarter-over-quarter changes in Opaleye Management Inc.'s latest filing

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Market Value
$702.7M
Prior: $478.0M
Q/Q Change
+47.0%
+$224.7M
Net Flows % of MV
+4.1%
Turnover Ratio
9.05%
New Purchases
11 stocks
$54.1M
Added To
9 stocks
+$21.0M
Sold Out Of
8 stocks
$25.9M
Reduced Holdings
11 stocks
-$20.5M

Increased Positions

PositionShares Δ
New
New
3
Annexon logo
New
New
New

Decreased Positions

PositionShares Δ
Sold
Sold
Sold
Sold
Sold

Analytics

Portfolio insights and performance metrics for Opaleye Management Inc.

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Sector Allocation

Healthcare: 93.40%Healthcare
Healthcare
93.40%

Market Cap Distribution

Mid Cap ($2B - $10B): 23.45%Mid Cap ($2B - $10B)Small Cap ($300M - $2B): 67.18%Small Cap ($300M - $2B)Micro Cap ($50M - $300M): 8.31%Micro Cap ($50M - $300M)Nano Cap (< $50M): 1.06%
Mid Cap ($2B - $10B)
23.45%
Small Cap ($300M - $2B)
67.18%
Micro Cap ($50M - $300M)
8.31%
Nano Cap (< $50M)
1.06%

Portfolio Concentration

Top 10 Holdings %
73.45%
Top 20 Holdings %
89.59%
Top 50 Holdings %
100.0%
Top 100 Holdings %
100.0%

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