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Birchview Capital, LP

CIK:0001618205
Hedge Fund
$183M AUM
71 holdings
Burlington, VT, United States
Founded:2014
12 employees
Latest filing:Jun 30, 2025

Birchview Capital, LP is an SEC-registered investment adviser headquartered in Burlington, Vermont. Founded in 2014 by Matthew William Strobeck, it specializes in providing investment management services to privately offered investment funds and separately managed accounts, with a focus on both public and private growth companies. The firm primarily serves high-net-worth individuals and institutional clients and manages over $180 million in client assets. Birchview Capital's team has extensive experience in healthcare, technology, and related growth sectors, seeking to generate capital appreciation by investing in underappreciated companies with significant growth potential.

Investment Strategy

Birchview Capital, LP seeks to generate capital appreciation by identifying and investing in underappreciated companies with strong growth potential. The firm's strategy includes both public and private investments, with a particular focus on sectors such as healthcare, biosciences, energy, and technology. Birchview utilizes fundamental analysis to select portfolio companies, maintains a concentrated portfolio with significant positions in select holdings, and is willing to use leverage and directional bets where it deems advantageous. It also manages risk by reviewing client portfolios regularly and providing transparent reporting.

Latest 13F Filing Activity

Birchview Capital, LP filed their most recent 13F report on Jun 30, 2025 disclosing 64 equity positions with a total 13F market value of $101M. The fund increased holdings in Kla Corporation, Ovintiv Inc., Novocure LTD among other positions. Birchview Capital, LP reduced exposure to Bristol-myers Squibb Co., Corcept Therapeutics Inc., Biodesix Inc. among others.

Top Buys
K
KLACKLA CORPORATION
+$14.2M
O
OVVOVINTIV INC
+$1.9M
N
NVCRNOVOCURE LTD
+$1.2M
S
STOKSTOKE THERAPEUTICS INC
+$987.0K
F
FCXFREEPORT-MCMORAN CL-B
+$781.7K
Top Sells
B
BMYBRISTOL-MYERS SQUIBB CO
-$26.8M
C
CORTCORCEPT THERAPEUTICS INC
-$2.6M
B
BDSXBIODESIX INC
-$2.0M
P
PRTAPROTHENA CORP PLC
-$1.4M
A
AXGNAXOGEN INC
-$1.2M

Top Holdings

B
BMYBRISTOL-MYERS SQUIBB CO
+14.9%$15.0M
K
KLACKLA CORPORATION
+14.1%$14.2M
C
CORTCORCEPT THERAPEUTICS INC
+4.9%$4.9M
O
OVVOVINTIV INC
+4.1%$4.1M
A
ACADACADIA PHARMACEUTICALS INC
+4.0%$4.1M

Equity Positions (64)

TickerSecurityWeightMarket ValueSharesAvg CostPriceChange (QoQ)
BRISTOL-MYERS SQUIBB CO14.86%$15.0M323,358$63.03$46.29-$26.8M
KLA CORPORATION14.10%$14.2M15,848$895.74$895.74+$14.2M
CORCEPT THERAPEUTICS INC4.90%$4.9M67,200$16.69$73.40-$2.6M
OVINTIV INC4.06%$4.1M107,500$34.20$38.05+$1.9M
ACADIA PHARMACEUTICALS INC4.02%$4.1M187,800$23.83$21.57-$324.2K

Industry Allocation

PHARMACEUTICAL PREPARATIONS
+49.7%
OPTICAL INSTRUMENTS & LENSES
+17.8%
BIOLOGICAL PRODUCTS, (NO DIAGNOSTIC SUBSTANCES)
+10.9%
CRUDE PETROLEUM & NATURAL GAS
+4.7%
SERVICES-MEDICAL LABORATORIES
+3.8%