Stocks/Funds/CIK 1787423

Madryn Asset Management, LP

microcap filerconcentrated
Quarterly 13F filings · Latest period 2026-03-31 · CIK 1787423
Assets
$34M
-95.5% YoY
Holdings
2
Lifetime alpha vs market
-23.47% annual
Average hold time
0.5 yr
median 0.5 yr

Quarterly history

Cum return -44% vs S&P -5% · α -39% lifetimeAUM $34M · peak $761MFlow $-0M (-0%)2021-122022-062022-122023-062025-122026-03
AUM ($B)fundS&P 500(gap = α)/ Flow in/out

Behavior signals (lifetime)

Dip response
+0.00%
trims when stocks drop
when a holding falls −10%+
Middle response
-14.03%
baseline attrition
Rally response
+0.00%
adds into rallies
when a holding rises +10%+

Top positions · 2

Ticker$ value% portYoYHold time
STIMNeuronetics, Inc.$27M78.5%-50.2%0.5 yr
OMDAOmada Health$7M21.5%0.5 yr

Portfolio composition (YoY)

Industry mix
Medical - Diagnostics & Research78.5%$27M
Medical - Healthcare Information Services21.5%+19.0pp$7M
Country
US100.0%+97.5pp
Top 5: 100.0% · Top 10: 100.0% · Top 25: 100.0%

Winners

TickerPrev $PnLYoY %

Losers

TickerPrev $PnLYoY %

Top buys this quarter · 0

No buys this quarter

Top sells this quarter · 1

VERO Venus Concept Inc.exit$0M

Quarterly history (TTM returns)

PeriodAUM# PosReturn (1yr)SPY (1yr)Alpha (1yr)Flow
2026-03-31$34M2-44.54%+3.26%-47.80%-0.00B
2025-12-31$35M3-41.80%+16.03%-57.83%+0.01B
2023-09-30$36M5-10.14%+21.57%-31.71%+0.00B
2023-06-30$44M5+26.17%+19.42%+6.74%-0.73B
2023-03-31$761M5+0.52%-7.82%+8.34%+0.69B
2022-12-31$68M4+20.22%+7.56%+12.66%-0.01B
2022-09-30$63M4+0.42%-4.93%+5.35%-0.01B
2022-06-30$76M4-19.31%-16.11%-3.19%-0.02B
2022-03-31$115M4-0.03B
2021-12-31$150M4