Lagoda Investment Management, L.P.

CIK 1632108 · View on SEC EDGAR ↗

Portfolio value
$181.9M
#6,774 of 9,443 by 13F value · top 71.7%
Positions
25
As of
June 30, 2026

Portfolio value QoQ: +12.2% 13F does not disclose cash

Top 10 holdings weight
72.54%
Top 25 holdings weight
100.00%
Positions above 1%
23
Effective number of positions
12.3

Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)

Turnover Q2 2026: 8.55% Est. buys $20,255,278 · sells $14,714,215

Median holding: 5.0 quarters Tracked Q4 2024–Q2 2026 · 58.1% still held

New positions
2
Increased
12
Decreased
10
Closed
2
On this page

Performance vs S&P 500

Tracked Q4 2025–Q2 2026
+23.4%
S&P 500 total return (same window)
+8.7%
Excess return
+14.8%

Approximates a buy-and-hold portfolio built from quarterly SEC 13F snapshots. Excludes cash, short positions, options/derivatives, and non-13(f) securities — reflects the disclosed long-equity book only, not total fund AUM. SEC filing lag is up to 45 days; this is not a real-time-copyable timing.

Priceable coverage: 91.2% · Options excluded: 0.0%

Sector breakdown

Technology
24.2%
Energy
20.6%
Health Care
17.2%
Industrials
7.8%
Communication Services
7.1%
Financials
5.0%
Logistics & Transportation
3.6%
Communications
2.0%
Financial Services
1.3%
Other/Unmapped
11.3%

Full portfolio 25 positions

Type Streak 8Q trend
TPL Texas Pacific Land Corporation Common Stock $37,475,551 20.60% 85,631 $-3,443,385 Down ×2
NTRA Natera, Inc. - Common Stock $15,880,639 8.73% 58,503 $2,990,284 Down ×3
TSM Taiwan Semiconductor Manufacturing Company Ltd. $13,142,726 7.23% 27,520 $3,881,206 Up ×1
GOOG Alphabet Inc. - Class C Capital Stock $12,852,379 7.07% 36,375 $2,141,027 Down ×2
AMD Advanced Micro Devices, Inc. - Common Stock $10,354,721 5.69% 17,825 $8,019,345 Up ×1
ARM Arm Holdings plc - American Depositary Shares $10,114,109 5.56% 28,525 $6,167,970 Up ×1
Unknown issuer (CUSIP: 25382K100) $9,374,499 5.15% 1,140,450 Up ×1
XPO XPO, Inc. Common Stock $8,599,598 4.73% 41,890 $-1,069,537 Down ×4
STXS $7,090,872 3.90% 4,122,600 $-913,864 Down ×2
RNR RenaissanceRe Holdings Ltd. Common Stock $7,046,272 3.87% 22,235 $322,929 Down ×4
GXO GXO Logistics, Inc. Common Stock $6,556,017 3.60% 129,310 $-146,114 Up ×1
TMDX TransMedics Group, Inc. - Common Stock $6,473,625 3.56% 97,465 $-2,525,962 Up ×1
GH Guardant Health, Inc. - Common Stock $5,605,871 3.08% 37,365 $2,242,679 Up ×2
PTC PTC Inc. - Common Stock $5,187,433 2.85% 45,660 $-719,490 Up ×1
SNPS Synopsys, Inc. - Common Stock $4,739,940 2.61% 10,626 $1,016,993 Up ×2
UI Ubiquiti Inc. Common Stock $3,549,163 1.95% 6,646 $-3,527,884 Down ×6
QXO QXO, Inc. Common Stock $3,519,504 1.94% 203,675 $2,016,881 Up ×1
PROF Profound Medical Corp. - common stock $3,333,811 1.83% 501,325 $476,034 Up ×1
MA Mastercard Incorporated Common Stock $2,431,896 1.34% 4,735 $-103,879 Down ×2
HEI Heico Corporation Common Stock $2,137,140 1.17% 6,000 $533,070 Up ×1
Unknown issuer (CUSIP: 928661206) $1,965,533 1.08% 1,455,950 Up ×1
TRUP Trupanion, Inc. - Common Stock $1,958,069 1.08% 79,050 $-565,797 Down ×5
BRKB $1,836,431 1.01% 3,670 $77,767
MSFT Microsoft Corporation - Common Stock $400,997 0.22% 1,075 $-6,190 Down ×2
GLD $257,866 0.14% 700 $-308 Up ×1

Biggest new bets

New positions opened this quarter, largest first.

Security Value Shares % of portfolio
Unknown issuer (CUSIP: 25382K100) $9,374,499 1,140,450 5.15%
Unknown issuer (CUSIP: 928661206) $1,965,533 1,455,950 1.08%

Top movers (QoQ)

Security Action Shares Δ Value Δ
AMD Bought more +6K +$8.0M
ARM Bought more +2K +$6.2M
TSM Bought more +115 +$3.9M
UI Trimmed -2K -$3.5M
TPL Trimmed -594 -$3.4M
NTRA Trimmed -6K +$3.0M
TMDX Bought more +7K -$2.5M
GH Bought more +955 +$2.2M
GOOG Trimmed -965 +$2.1M
QXO Bought more +126K +$2.0M

Exited positions

Includes corporate events (mergers, delistings) — not all exits are sells

Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.

SecurityQuarter Shares before Value before Price since exit
DMRC June 30, 2026 1,062,800 $5,218,348 -21.4%
VNRX June 30, 2026 16,149,000 $3,262,098 No longer tracked
RXO June 30, 2025 78,620 $1,501,642 41.0%
BRKA Sept. 30, 2025 2 $1,457,600 No longer tracked
ERII June 30, 2025 74,107 $1,177,560 -38.5%
BABA March 31, 2026 5,508 $807,363 -2.6%
GOOGL March 31, 2026 1,505 $471,065 18.9%
XOM March 31, 2025 3,625 $389,941 39.9%
NVO June 30, 2025 2,300 $159,712 -32.3%
ESGR June 30, 2025 410 $136,276 No longer tracked
RIVN March 31, 2026 4,400 $86,724 8.5%
ABT Dec. 31, 2025 160 $21,430 -8.7%
PSX June 30, 2025 170 $20,992 103.7%
ETN June 30, 2025 10 $2,718 17.9%
PWR June 30, 2025 10 $2,542 74.3%
JOE June 30, 2025 45 $2,113 44.4%
CPAY June 30, 2025 5 $1,744 25.2%
NE June 30, 2025 65 $1,541 78.0%