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Institutional Investment Manager
SABBY MANAGEMENT, LLC
SABBY MANAGEMENT, LLC (CIK: 0001535610) incorporated in Delaware, located at 1011 Links Dr, Miami Beach, FL. Institutional holdings reported to the SEC.

Institutional Holdings (2016Q1)
Portfolio Summary: 294 holdings with a total value of $1,998,933,000.
#
Name
Shares
Value ($)
%
Options
Notes
251 LEXICON PHARMACEUTICALS INC 4,092 4,890,000 0.24% Call
252 RETROPHIN INC 3,617 4,941,000 0.25% Call
253 ARBUTUS BIOPHARMA CORP 1,197,338 4,945,000 0.25%
254 ACADIA PHARMACEUTICALS INC 1,840 5,145,000 0.26% Call
255 BLUEPRINT MEDICINES CORP 3,000 5,415,000 0.27% Call
256 TENAX THERAPEUTICS INC 2,771,109 5,681,000 0.28%
257 BIOMARIN PHARMACEUTICAL INC 0.75 10/15/2018 5,000,000 5,794,000 0.29% PRN
258 DEPOMED INC 4,208 5,862,000 0.29% Call
259 ANACOR PHARMACEUTICALS INC 1,214 6,489,000 0.32% Call
260 GW PHARMACEUTICALS PLC 908 6,551,000 0.33% Put
261 PORTOLA PHARMACEUTICALS INC 3,221 6,571,000 0.33% Call
262 LINKEDIN CORP 579 6,621,000 0.33% Call
263 EXPRESS SCRIPTS HLDG CO 1,064 7,309,000 0.37% Put
264 REGULUS THERAPEUTICS INC 11,703 8,110,000 0.41% Call
265 UNITED THERAPEUTICS CORP 750 8,357,000 0.42% Call
266 RETROPHIN INC 6,251 8,539,000 0.43% Put
267 ACORDA THERAPEUTICS INC 9,600,000 8,580,000 0.43% PRN
268 ABBVIE INC 1,546 8,831,000 0.44% Put
269 GLOBAL BLOOD THERAPEUTICS INC 5,627 8,924,000 0.45% Call
270 BIOGEN INC 37,077 9,652,000 0.48%
271 SAREPTA THERAPEUTICS INC 505,937 9,876,000 0.49%
272 REGENERON PHARMACEUTICALS 39,027 14,067,000 0.70%
273 CYTORI THERAPEUTIC INC 7,305,690 14,310,000 0.72%
274 SAREPTA THERAPEUTICS INC 8,824 17,224,000 0.86% Put
275 EDWARDS LIFESCIENCES CORP 2,201 19,415,000 0.97% Put
276 REGENERON PHARMACEUTICALS 588 21,194,000 1.06% Put
277 AMGEN INC 143,486 21,513,000 1.08%
278 EDWARDS LIFESCIENCES CORP 2,477 21,850,000 1.09% Call
279 JOHNSON & JOHNSON 2,061 22,300,000 1.12% Put
280 SPDR S&P 500 ETF TR 108,899 22,385,000 1.12%
281 BIOGEN INC 1,052 27,386,000 1.37% Put
282 SPDR SERIES TRUST 5,337 27,571,000 1.38% Put
283 MEDICINES CO 9,501 30,185,000 1.51% Call
284 LILLY ELI & CO 4,803 34,586,000 1.73% Put
285 AMGEN INC 3,441 51,591,000 2.58% Put
286 HCA HOLDINGS INC 6,798 53,058,000 2.65% Call
287 Call JNJ $125.0 Exp May 19, 2017 6,374 68,967,000 3.45% Call
288 Call GILD $70.0 Exp Jun 16, 2017 8,440 77,530,000 3.88% Call
289 ABBVIE INC 13,966 79,774,000 3.99% Call
290 ISHARES TR 17,673 162,342,000 8.12% Put
291 BIOGEN INC 6,663 173,451,000 8.68% Call
292 IMMUNOMEDICS INCORPORATED 2,680,000 182,240,000 9.12% PRN
293 SPDR S&P 500 ETF TR PUT 10,176 188,635,000 9.44% Put
294 LILLY ELI & CO 28,962 208,555,000 10.43% Call
Page 6 of 6

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001144204-16-101848, filed 2016.05.13).

From 2023-01-03 onward, the SEC requires values to be reported in nearest dollars. Earlier filings reported values in thousands; therefore, positions shown as $0 in older filings may represent actual values between $0–$999.