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Institutional Investment Manager
Ghost Tree Capital, LLC
Ghost Tree Capital, LLC (CIK: 0001595851) incorporated in Delaware, located at 667 Madison Avenue, New York, NY. Institutional holdings reported to the SEC.

Institutional Holdings (2016Q3)
Portfolio Summary: 88 holdings with a total value of $616,605,000.
#
Name
Shares
Value ($)
%
Options
Notes
51 BLUEBIRD BIO INCORPORATED 60,000 4,067,000 0.66%
52 ENDOLOGIX INC 300,000 3,840,000 0.62%
53 ZOGENIX INC 325,000 3,715,000 0.60%
54 KITE PHARMA INCORPORATED 65,000 3,631,000 0.59% Call
55 Aquinox Pharmaceuticals Inc 250,000 3,340,000 0.54%
56 THERMO FISHER SCIENTIFIC INC 20,000 3,181,000 0.52%
57 K2M GROUP HLDGS INC COM 175,000 3,112,000 0.50%
58 COMMUNITY HEALTH SYS INC NEW COM 250,000 2,885,000 0.47% Call
59 EXACT SCIENCES CORP 150,000 2,786,000 0.45%
60 VERACYTE INC 364,000 2,770,000 0.45%
61 AKEBIA THERAPEUTICS INC 300,000 2,715,000 0.44%
62 XENON PHARMACEUTICALS INC 325,000 2,633,000 0.43%
63 RIGEL PHARMACEUTICAL INC 700,000 2,569,000 0.42%
64 NEURODERM LTD 131,000 2,422,000 0.39%
65 GENOMIC HEALTH INC COM 75,000 2,169,000 0.35%
66 DYNAVAX TECHNOLOGIES CORP 200,000 2,098,000 0.34% Call
67 OPHTHOTECH CORP COM 43,600 2,011,000 0.33% Put
68 VANDA PHARMACEUTICALS INC COM 111,000 1,847,000 0.30%
69 MIRATI THERAPEUTICS INC COM 275,000 1,818,000 0.29%
70 CONMED CORP 45,000 1,803,000 0.29%
71 TESARO INC 17,000 1,704,000 0.28%
72 THERAPEUTICSMD INC 250,000 1,703,000 0.28%
73 INOTEK PHARMACEUTICALS CORP 170,000 1,612,000 0.26%
74 ALCOBRA LTD 650,000 1,606,000 0.26%
75 Foamix Pharmaceuticals Ltd. 157,962 1,463,000 0.24%
76 ARIAD PHARMACEUTICALS INC 100,000 1,369,000 0.22% Put
77 CORBUS PHARMACEUTICALS HLDGS COM 200,000 1,358,000 0.22%
78 TANDEM DIABETES CARE INC 150,000 1,149,000 0.19%
79 AVEXIS INC COM 26,536 1,094,000 0.18%
80 IONIS PHARMACEUTICALS INC 25,000 916,000 0.15%
81 NOVAVAX INC COM 400,000 832,000 0.13% Call
82 ALDER BIOPHARMACEUTICALS INC 16,000 524,000 0.08%
83 QUOTIENT LTD 60,000 469,000 0.08%
84 NOVAVAX INC COM 200,000 416,000 0.07% Put
85 AKARI THERAPEUTICS PLC 46,622 397,000 0.06%
86 AEGLEA BIOTHERAPEUTICS INC COM 50,000 321,000 0.05%
87 SYNERGY PHARMACEUTICALS DEL COM NEW 55,000 303,000 0.05%
88 INOTEK PHARMACEUTICALS CORP 20,700 196,000 0.03% Call
Page 2 of 2

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001387131-16-007894, filed 2016.11.14).

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.