Performance vs S&P 500

03
Tracked Q1 2025–Q2 2026 +259.8%
S&P 500 total return (same window) +37.0%
Excess return +222.8%

Annualized: +178.7% · S&P 500: +28.7%

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: 93.5% · Options excluded: 0.0%

Sector breakdown

04
Healthcare 89.8%
Other/Unmapped 10.2%

Full portfolio 13 positions

05
Type Streak 8Q trend
PSNL Personalis, Inc. - Common Stock $188,202,236 35.75% 14,044,943 $98,735,949
MRNA Moderna, Inc. - Common Stock $161,642,545 30.71% 2,308,190 $44,386,493
KYMR Kymera Therapeutics, Inc. - Common Stock $88,544,161 16.82% 772,165 $24,230,538
AKTS Aktis Oncology, Inc. - Common stock $30,710,162 5.83% 952,844 $13,663,783
EIKN Eikon Therapeutics, Inc. - Common Stock $21,749,991 4.13% 1,666,666 $4,116,665
TRDA Entrada Therapeutics, Inc. - Common Stock $12,804,692 2.43% 1,739,768 Up ×1
STRO Sutro Biopharma, Inc. - Common Stock $9,042,053 1.72% 272,351 Up ×1
ALEC Alector, Inc. - Common Stock $7,126,896 1.35% 3,545,719 $-496,401
EVAX Evaxion A/S - American Depositary Share $3,763,791 0.71% 1,214,126 Up ×1
VRDN Viridian Therapeutics, Inc. - Common Stock $1,716,015 0.33% 93,414 $-111,163
Unknown issuer (CUSIP: 98422T209) $1,015,308 0.19% 105,982 $123,999
HURA TuHURA Biosciences, Inc. - Common Stock $45,501 0.01% 19,445 $10,694
NEUP Neuphoria Therapeutics Inc. - Common Stock $43,818 0.01% 10,027 $3,008

Biggest new bets

09

New positions opened this quarter, largest first.

SecurityValueShares% of portfolio
TRDA $12,804,692 1,739,768 2.43%
STRO $9,042,053 272,351 1.72%
EVAX $3,763,791 1,214,126 0.71%

Top movers (QoQ)

10
SecurityActionShares ΔValue Δ
PSNL Price move only +0 +$98.7M
MRNA Price move only +0 +$44.4M
KYMR Price move only +0 +$24.2M
AKTS Price move only +0 +$13.7M
EIKN Price move only +0 +$4.1M
ALEC Price move only +0 -$496K
· Price move only +0 +$124K
VRDN Price move only +0 -$111K
HURA Price move only +0 +$11K
NEUP Price move only +0 +$3K

Exited positions

11

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.

SecurityQuarterShares beforeValue beforePrice since exit
LVTX Dec. 31, 2025 1,149,345 $1,792,978 No longer tracked
XLO March 31, 2026 1,483,758 $949,902 7.0%
CARM June 30, 2026 1,473,240 $47,880 No longer tracked