# EDGAR Filing Document

**Accession Number:** 0001600004
**File Stem:** 0001839882-23-003765
**Filing Date:** 2023-2
**Character Count:** 11779
**Document Hash:** f976df364dac3bc77135471f7943c015
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001839882-23-003765.hdr.sgml**: 20230214

**ACCESSION NUMBER**: 0001839882-23-003765

**CONFORMED SUBMISSION TYPE**: 13F-HR

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230214

**DATE AS OF CHANGE**: 20230214

**EFFECTIVENESS DATE**: 20230214

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** First Light Asset Management, LLC
- **CENTRAL INDEX KEY:** 0001600004
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-16064
- **FILM NUMBER:** 23630162

**BUSINESS ADDRESS:**
- **STREET 1:** 3300 EDINBOROUGH WAY
- **STREET 2:** SUITE 201
- **CITY:** EDINA
- **STATE:** MN
- **ZIP:** 55435
- **BUSINESS PHONE:** 952-831-6500

**MAIL ADDRESS:**
- **STREET 1:** 3300 EDINBOROUGH WAY
- **STREET 2:** SUITE 201
- **CITY:** EDINA
- **STATE:** MN
- **ZIP:** 55435

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 12-31-2022

**Check here if Amendment** [ ] **Amendment Number:** 

**This Amendment (Check only one.):** [ ] is a restatement.

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** First Light Asset Management LLC<br>**Address:** 3300 Edinborough Way<br>Suite 201<br>Edina, MN 55435

**Form 13F File Number:** 028-16064

**CRD Number (if applicable):** 000168899

**SEC File Number (if applicable):** 801-78528

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

**Person Signing this Report on Behalf of Reporting Manager:**

**Name:** Kurt T. Peterson<br>**Title:** Chief Compliance Officer<br>**Phone:** 952-831-6500

**Signature, Place, and Date of Signing:**

/s/ Kurt T. Peterson  Edina, MN  02-14-2023<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[x] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[ ] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 0

**Form 13F Information Table Entry Total:** 74

**Form 13F Information Table Value Total:** $1077369879

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

**NONE**

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| ABCAM PLC | Common Stocks | 000380204 |  | 5907105 | 379634 | SH |  | SOLE |  | 379634 | 0 | 0 |
| AKUMIN INC | Common Stocks | 01021F109 |  | 2561993 | 3564264 | SH |  | SOLE |  | 3564264 | 0 | 0 |
| ALPHATEC HOLDINGS INC | Common Stocks | 02081G201 |  | 36138237 | 2926173 | SH |  | SOLE |  | 2926173 | 0 | 0 |
| ATRICURE INC | Common Stocks | 04963C209 |  | 64462571 | 1452514 | SH |  | SOLE |  | 1452514 | 0 | 0 |
| AVANTOR INC | Common Stocks | 05352A100 |  | 307830 | 14596 | SH |  | SOLE |  | 14596 | 0 | 0 |
| AXOGEN INC | Common Stocks | 05463X106 |  | 23671043 | 2371848 | SH |  | SOLE |  | 2371848 | 0 | 0 |
| AXONICS MODULATION TECHNOLOGIES | Common Stocks | 05465P101 |  | 19412376 | 310449 | SH |  | SOLE |  | 310449 | 0 | 0 |
| BAYER AG SPONSORED ADR | Common Stocks | 072730302 |  | 327609 | 25475 | SH |  | SOLE |  | 25475 | 0 | 0 |
| BELLUS HEALTH INC | Common Stocks | 07987C204 |  | 19374129 | 2356950 | SH |  | SOLE |  | 2356950 | 0 | 0 |
| BICYCLE THERAPEUTICS PLC | Common Stocks | 088786108 |  | 20614387 | 696432 | SH |  | SOLE |  | 696432 | 0 | 0 |
| BIOGEN INC | Common Stocks | 09062X103 |  | 303504 | 1096 | SH |  | SOLE |  | 1096 | 0 | 0 |
| BIOMARIN PHARMACEUTICAL INC | Common Stocks | 09061G101 |  | 12516184 | 120941 | SH |  | SOLE |  | 120941 | 0 | 0 |
| BIOVENTUS INC | Common Stocks | 09075A108 |  | 3592759 | 1376536 | SH |  | SOLE |  | 1376536 | 0 | 0 |
| CASTLE BIOSCIENCES INC | Common Stocks | 14843C105 |  | 3804158 | 161604 | SH |  | SOLE |  | 161604 | 0 | 0 |
| CENTENE CORPORATION | Common Stocks | 15135B101 |  | 452777 | 5521 | SH |  | SOLE |  | 5521 | 0 | 0 |
| CRINETICS PHARMACEUTICALS INC | Common Stocks | 22663K107 |  | 24326428 | 1329313 | SH |  | SOLE |  | 1329313 | 0 | 0 |
| CUTERA INC | Common Stocks | 232109108 |  | 25078887 | 567139 | SH |  | SOLE |  | 567139 | 0 | 0 |
| DENTSPLY SIRONA INC | Common Stocks | 24906P109 |  | 261980 | 8228 | SH |  | SOLE |  | 8228 | 0 | 0 |
| ELEVANCE HEALTH INC | Common Stocks | 036752103 |  | 454491 | 886 | SH |  | SOLE |  | 886 | 0 | 0 |
| ENOVIS CORP | Common Stocks | 194014502 |  | 385505 | 7203 | SH |  | SOLE |  | 7203 | 0 | 0 |
| EXELIXIS INC | Common Stocks | 30161Q104 |  | 295858 | 18445 | SH |  | SOLE |  | 18445 | 0 | 0 |
| FRESENIUS MEDICAL CARE AG  CO SPONSORED ADR | Common Stocks | 358029106 |  | 318467 | 19490 | SH |  | SOLE |  | 19490 | 0 | 0 |
| GENMAB AS | Common Stocks | 372303206 |  | 6791946 | 160263 | SH |  | SOLE |  | 160263 | 0 | 0 |
| GILEAD SCIENCES INC | Common Stocks | 375558103 |  | 388557 | 4526 | SH |  | SOLE |  | 4526 | 0 | 0 |
| GLAXOSMITHKLINE PLC | Common Stocks | 37733W204 |  | 353438 | 10058 | SH |  | SOLE |  | 10058 | 0 | 0 |
| GUARDANT HEALTH | Common Stocks | 40131M109 |  | 5570669 | 204804 | SH |  | SOLE |  | 204804 | 0 | 0 |
| HALOZYME THERAPEUTICS INC | Common Stocks | 40637H109 |  | 52525471 | 923119 | SH |  | SOLE |  | 923119 | 0 | 0 |
| HCA HOLDINGS INC | Common Stocks | 40412C101 |  | 278354 | 1160 | SH |  | SOLE |  | 1160 | 0 | 0 |
| HEALTH CATALYST INC | Common Stocks | 42225T107 |  | 12352007 | 1161995 | SH |  | SOLE |  | 1161995 | 0 | 0 |
| HORIZON PHARMA PLC | Common Stocks | G46188101 |  | 15599363 | 137077 | SH |  | SOLE |  | 137077 | 0 | 0 |
| HUMANA INC | Common Stocks | 444859102 |  | 454825 | 888 | SH |  | SOLE |  | 888 | 0 | 0 |
| INSMED INC | Common Stocks | 457669307 |  | 14964421 | 748970 | SH |  | SOLE |  | 748970 | 0 | 0 |
| INTEGRA LIFESCIENCES HOLDINGS CORP | Common Stocks | 457985208 |  | 407124 | 7261 | SH |  | SOLE |  | 7261 | 0 | 0 |
| ISHARES RUSSELL 2000 GROWTH ETF | Common Stocks | 464287648 |  | 734087 | 3422 | SH |  | SOLE |  | 3422 | 0 | 0 |
| JOHNSON  JOHNSON | Common Stocks | 478160104 |  | 381741 | 2161 | SH |  | SOLE |  | 2161 | 0 | 0 |
| KARUNA THERAPEUTICS INC | Common Stocks | 48576A100 |  | 32346848 | 164615 | SH |  | SOLE |  | 164615 | 0 | 0 |
| KEROS THERAPEUTICS INC | Common Stocks | 492327101 |  | 28447624 | 592412 | SH |  | SOLE |  | 592412 | 0 | 0 |
| KORU MEDICAL SYSTEMS INC | Common Stocks | 759910102 |  | 22626953 | 6338082 | SH |  | SOLE |  | 6338082 | 0 | 0 |
| KRYSTAL BIOTECH INC | Common Stocks | 501147102 |  | 37525801 | 473691 | SH |  | SOLE |  | 473691 | 0 | 0 |
| LABORATORY CORPORATION OF AMERICAN HOLDINGS | Common Stocks | 50540R409 |  | 286815 | 1218 | SH |  | SOLE |  | 1218 | 0 | 0 |
| MAXCYTE INC | Common Stocks | 57777K106 |  | 7454773 | 1365343 | SH |  | SOLE |  | 1365343 | 0 | 0 |
| MEDTRONIC PLC | Common Stocks | G5960L103 |  | 325491 | 4188 | SH |  | SOLE |  | 4188 | 0 | 0 |
| MIROMATRIX MEDICAL INC | Common Stocks | 60471P108 |  | 1598621 | 534656 | SH |  | SOLE |  | 534656 | 0 | 0 |
| MODEL N INC | Common Stocks | 607525102 |  | 92583108 | 2282621 | SH |  | SOLE |  | 2282621 | 0 | 0 |
| NEOGENOMICS INC | Common Stocks | 64049M209 |  | 24783260 | 2682171 | SH |  | SOLE |  | 2682171 | 0 | 0 |
| NOVARTIS AG-SPONSORED ADR | Common Stocks | 66987V109 |  | 374039 | 4123 | SH |  | SOLE |  | 4123 | 0 | 0 |
| OMNICELL INC | Common Stocks | 68213N109 |  | 17352093 | 344151 | SH |  | SOLE |  | 344151 | 0 | 0 |
| OPTIMIZERX CORP | Common Stocks | 68401U204 |  | 6069437 | 361276 | SH |  | SOLE |  | 361276 | 0 | 0 |
| ORGANON  CO | Common Stocks | 68622V106 |  | 355158 | 12716 | SH |  | SOLE |  | 12716 | 0 | 0 |
| ORTHOPEDIATRICS CORP | Common Stocks | 68752L100 |  | 12027503 | 302731 | SH |  | SOLE |  | 302731 | 0 | 0 |
| PARAGON 28 INC | Common Stocks | 69913P105 |  | 23624967 | 1236262 | SH |  | SOLE |  | 1236262 | 0 | 0 |
| PATTERSON COMPANIES INC | Common Stocks | 703395103 |  | 259670 | 9264 | SH |  | SOLE |  | 9264 | 0 | 0 |
| PERFORMANT FINANCIAL CORPORATION | Common Stocks | 71377E105 |  | 26668081 | 7387280 | SH |  | SOLE |  | 7387280 | 0 | 0 |
| PERKINELMER INC | Common Stocks | 714046109 |  | 311709 | 2223 | SH |  | SOLE |  | 2223 | 0 | 0 |
| PFIZER INC | Common Stocks | 717081103 |  | 7263821 | 141761 | SH |  | SOLE |  | 141761 | 0 | 0 |
| PLIANT THERAPEUTICS INC | Common Stocks | 729139105 |  | 20448840 | 1057881 | SH |  | SOLE |  | 1057881 | 0 | 0 |
| PROTHENA CORPORATION PLC | Common Stocks | G72800108 |  | 92519840 | 1535599 | SH |  | SOLE |  | 1535599 | 0 | 0 |
| QIAGEN N.V. | Common Stocks | N72482123 |  | 344701 | 6912 | SH |  | SOLE |  | 6912 | 0 | 0 |
| QUIDEL CORP | Common Stocks | 219798105 |  | 364697 | 4257 | SH |  | SOLE |  | 4257 | 0 | 0 |
| REATA PHARMACEUTICALS INC | Common Stocks | 75615P103 |  | 78352589 | 2062453 | SH |  | SOLE |  | 2062453 | 0 | 0 |
| SANOFI-SYNTHELABO | Common Stocks | 80105N105 |  | 373444 | 7711 | SH |  | SOLE |  | 7711 | 0 | 0 |
| SEASPINE HOLDINGS CORP | Common Stocks | 81255T108 |  | 57428377 | 6877650 | SH |  | SOLE |  | 6877650 | 0 | 0 |
| SI-BONE INC | Common Stocks | 825704109 |  | 28634161 | 2105453 | SH |  | SOLE |  | 2105453 | 0 | 0 |
| SIMULATIONS PLUS INC | Common Stocks | 829214105 |  | 1307495 | 35753 | SH |  | SOLE |  | 35753 | 0 | 0 |
| SMITH  NEPHEW PLC SPONSORED ADR | Common Stocks | 83175M205 |  | 406335 | 15111 | SH |  | SOLE |  | 15111 | 0 | 0 |
| SOCIETAL CDMO INC | Common Stocks | 75629F109 |  | 12772086 | 8571870 | SH |  | SOLE |  | 8571870 | 0 | 0 |
| SONENDO INC | Common Stocks | 835431107 |  | 11845302 | 4185619 | SH |  | SOLE |  | 4185619 | 0 | 0 |
| SYNEOS HEALTH INC CLASS A | Common Stocks | 87166B102 |  | 210396 | 5736 | SH |  | SOLE |  | 5736 | 0 | 0 |
| TAKEDA PHARMACEUTICAL CO | Common Stocks | 874060205 |  | 399828 | 25630 | SH |  | SOLE |  | 25630 | 0 | 0 |
| TANDEM DIABETES CARE INC | Common Stocks | 875372203 |  | 26347443 | 586150 | SH |  | SOLE |  | 586150 | 0 | 0 |
| TRANSMEDICS GROUP INC | Common Stocks | 89377M109 |  | 16361787 | 265097 | SH |  | SOLE |  | 265097 | 0 | 0 |
| ULTRAGENYX PHARMACEUTICAL INC | Common Stocks | 90400D108 |  | 10855073 | 234299 | SH |  | SOLE |  | 234299 | 0 | 0 |
| UNITED THERAPEUTICS CORP DEL | Common Stocks | 91307C102 |  | 374031 | 1345 | SH |  | SOLE |  | 1345 | 0 | 0 |
| VIATRIS INC | Common Stocks | 92556V106 |  | 367401 | 33010 | SH |  | SOLE |  | 33010 | 0 | 0 |

---