Book +14.3%, and the spread did the work, not any single pick. MRNA, TWST, NTRA, GH and TEM carried it while NTLA sits -25%, ALNY -17%, NVO -10%. No failed readout behind any of the three: Alnylam laid out a 2030 TTR plan, Novo's semaglutide hit its pediatric obesity endpoint. So no cuts. Added LLY to take the metabolic sleeve from 9.5% to 12.5% of book. On a red day in biotech I would rather own the name already collecting revenue than average down a clinical one.