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Opaleye Management Inc.

CIK:0001595855
Hedge Fund
$494M AUM
41 holdings
Boston, MA, United States
Founded:2013
3 employees
Latest filing:Jun 30, 2025

Opaleye Management Inc. is a Boston-based hedge fund and investment advisory firm founded in 2013. The firm manages over $490 million in assets as of June 2025, with a primary focus on actively investing in publicly traded equity securities, particularly in the healthcare and life sciences sector. Opaleye is led by professional investors and serves institutional and high-net-worth clients.

Investment Strategy

Opaleye Management Inc. primarily focuses on investing in publicly traded equities, with a substantial portfolio concentration in biotechnology, pharmaceuticals, and healthcare companies. The firm is known for its research-driven, active management approach, building concentrated positions based on fundamental analysis and sector expertise. Opaleye frequently adjusts its portfolio based on changing company prospects and market opportunities, with a deep emphasis on high-growth life sciences companies.

Top Buys
H
HROWHARROW HEALTH INC
+$14.1M
I
IMNMIMMUNOME INC
+$8.9M
S
SRPTSAREPTA THERAPEUTICS INC
+$8.6M
V
VIGLVIGIL NEUROSCIENCES INC
+$8.0M
L
LRMRLARIMAR THERAPEUTICS INC
+$7.8M
Top Sells
P
PVLAPALVELLA THERAPEUTICS INC
-$4.8M
T
TARAPROTARA THERAPEUTICS INC
-$4.8M
A
ANABANAPTYS BIO INC
-$4.7M
S
SLRNACELYRIN INC
-$4.0M
T
TRVITREVI THERAPEUTICS INC
-$2.9M

Top Holdings

H
HROWHARROW HEALTH INC
+24.1%$119.3M
E
ETONETON PHARMACEUTICALS INC
+8.2%$40.8M
I
IMNMIMMUNOME INC
+6.6%$32.8M
S
SNWVSANUWAVE HEALTH INC
+6.5%$32.2M
L
LQDALIQUIDIA CORPORATION
+6.2%$30.8M

Equity Positions (38)

TickerSecurityWeightMarket ValueSharesAvg CostPriceChange (QoQ)
H
HROW
HARROW HEALTH INC24.13%$119.3M3,905,000$7.12$30.54+$14.1M
E
ETON
ETON PHARMACEUTICALS INC8.25%$40.8M2,860,000$5.51$14.25+$3.7M
I
IMNM
IMMUNOME INC6.64%$32.8M3,529,581$9.61$9.30+$8.9M
S
SNWV
SANUWAVE HEALTH INC6.52%$32.2M980,000$35.35$32.86-$2.2M
L
LQDA
LIQUIDIA CORPORATION6.24%$30.8M2,475,000$10.68$12.46-$2.5M

Industry Allocation

PHARMACEUTICAL PREPARATIONS
+77.6%
SURGICAL & MEDICAL INSTRUMENTS & APPARATUS
+8.2%
INDUSTRIAL ORGANIC CHEMICALS
+6.2%
BIOLOGICAL PRODUCTS, (NO DIAGNOSTIC SUBSTANCES)
+6.1%
BLANK CHECKS
+2.0%