HedgeMountain

Orbimed Advisors LLC

New York, NY · CRD 118608
Hedge fund manager

Orbimed Advisors LLC is an SEC-registered investment adviser based in New York, NY that reports managing 5 hedge funds on Form ADV. It reports $20.6 billion in regulatory assets under management. Its private funds, of all types, hold $19.0 billion in gross assets. Its disclosed U.S. stock holdings returned an estimated +16.0% 2026 YTD through Jun 30 (S&P 500: +9.5%), based on 13F filings. Over a longer period they returned an estimated +48.4% from Q3 2024 to Q2 2026, compared with +37.2% for the S&P 500, based on 13F filings.

Regulatory assets under management
$20.6 billionForm ADV Item 5.F
Gross assets of private funds
$19.0 billionAll private fund types, Form ADV
Hedge funds managed
524 private funds in total
Employees
118Form ADV Item 5.A
Registration
SEC-registered adviserCRD 118608
Latest Form ADV
08/18/2026Disciplinary disclosures: none reported

Estimated 13F portfolio performance

Est. 2026 YTD+16.0%Through Q2 2026 · S&P 500 +9.5%
Est. 2-year return+48.4%Q3 2024 – Q2 2026
S&P 500+37.2%Same quarters, price only
13F holdings$5.3 billion117 positions, 2026-06-30
$91$120$148Q3 2024Q1 2025Q3 2025Q1 202613F est. $148S&P 500 $137
QuarterEst. 13F returnS&P 500
Q2 2026+16.4%+14.8%
Q1 2026-0.3%-4.6%
Q4 2025+24.6%+2.4%
Q3 2025+13.1%+7.8%
Q2 2025-3.4%+10.4%
Q1 2025-10.7%-4.5%
Q4 2024-5.8%+2.1%
Q3 2024+11.7%+5.4%

Estimate of the firm's disclosed long U.S. stock portfolio from its quarterly 13F filings, holding each quarter-end portfolio to the next quarter-end at prices implied by all 13F filers. It is a price return before dividends and fees, ignores shorts, options, bonds, cash and trading within the quarter, and is not the return of any fund. Disclosures

Largest disclosed holdings

  • Edgewise Therapeutics Inc$630.5 million
  • Enliven Therapeutics Inc$343.9 million
  • Eli Lilly & Co Com$309.3 million
  • MBX Biosciences Inc$189.3 million
  • Sinovac Biotech LTD$184.5 million
  • Astrazeneca Plc-spons ADR$171.1 million
  • Structure Therapeutics Inc$118.6 million
  • Sionna Therapeutics Inc$112.4 million
  • Corvus Pharmaceuticals Inc$107.0 million
  • Arrivent Biopharma Inc$105.2 million

As of 2026-06-30, from 13F filing by Orbimed Advisors LLC.

Hedge funds filing Form D (4)

Matched to this firm by the fund names and related persons in each Form D. The list may be incomplete.

From SEC filings. Firm data comes from the SEC's Form ADV data as of Oct 2, 2026; performance estimates come from Form 13F. HedgeMountain has not verified this information, and it is not an offer, solicitation or recommendation. Full disclosures