CIK 1884931
Long positions in SEC Section 13(f) securities (US-listed stocks, ADRs and ETFs), largest first · Δ vs 2025-Q4. A lagged quarterly snapshot (filed ≤45 days after quarter-end); excludes shorts, options, cash, and shares listed only on non-US exchanges — foreign companies held via a US listing or ADR (e.g. Alibaba, TSMC) ARE included.
As filed = each book applied at its quarter-end (what the reported book did) · As copyable = applied at its statutory 45-day filing deadline (what a 13F follower could have earned).
Computing…
Hypothetical modeled performance constructed with hindsight — not actual results, and not indicative of future results. See the Disclaimer.
| Industry group | Weight | Names |
|---|---|---|
| Pharmaceuticals & Biotechnology | 35.13% | 3 |
| Unclassified | 13.71% | 4 |
| Oil, Gas & Consumable Fuels | 8.05% | 1 |
| Insurance | 8.02% | 1 |
| Hotels, Restaurants & Leisure | 7.32% | 1 |
| Life Sciences Tools & Services | 7.05% | 1 |
| Media & Publishing | 6.95% | 1 |
| Utilities | 6.18% | 1 |
| Health Care Providers & Services | 3.43% | 1 |
| Software & IT Services | 2.53% | 2 |
| Machinery | 1.33% | 1 |
| Aerospace & Defense | 0.31% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | ABUS | Arbutus Biopharma Corp | Health Care | 21.20% |
| 2 | ROIV | Roivant Sciences Ltd. | Health Care | 12.40% |
| 3 | JOYY | JOYY INC | Unclassified | 9.67% |
| 4 | SOC | Sable Offshore Corp. | Energy | 8.05% |
| 5 | GNW | GENWORTH FINANCIAL INC | Financials | 8.02% |
| 6 | BALY | Bally's Corp | Consumer Discretionary | 7.32% |
| 7 | OABI | OmniAb, Inc. | Health Care | 7.05% |
| 8 | TDAY | USA TODAY Co., Inc. | Communication Services | 6.95% |
| 9 | CDZI | CADIZ INC | Utilities | 6.18% |
| 10 | SGRY | Surgery Partners, Inc. | Health Care | 3.43% |
14/18 names classified · sector 86.3% of weight · industry 86.3% · mkt cap 86.3%; unclassified names shown, never dropped.
Sector is classified on each name's CURRENT fundamentals, not point-in-time — apparent sector drift can reflect the market re-rating a holding, not a manager trade. 13F is a lagged quarterly snapshot of long positions in US-listed securities only — foreign companies held via a US listing or ADR ARE included, but shares listed only on non-US exchanges (plus shorts, options and cash) are not. Latest quarter: 86.3% of the book is sector-classified (unclassified names shown, never dropped).
Only 30% of book weight classified — the grid is NOT representative of the whole book.
Classified: 29.8% of book weight (5/18 names) · unclassified 70.2%: ABUS, ROIV, JOYY, SOC, OABI, SGRY, QURE, PUBM, OPK, TEAD +3 more. Size: cap 70/20/10 bands; style: value/growth composite on our own metrics — not Morningstar's model.
No contribution data for this period.
| # | Security | Shares | Value | Weight | Δ QoQ |
|---|---|---|---|---|---|
| 1 | ABUSARBUTUS BIOPHARMA CORP | 14,930,885 | $67M | 21.2% | ADD 12% |
| 2 | ROIVROIVANT SCIENCES LTD | 1,419,000 | $39M | 12.4% | TRIM −33% |
| 3 | JOYYJOYY INC | 524,944 | $31M | 9.7% | ADD 30% |
| 4 | SOCSABLE OFFSHORE CORP | 1,544,793 | $26M | 8.1% | TRIM −19% |
| 5 | GNWGENWORTH FINL INC | 3,130,301 | $25M | 8.0% | ADD 23% |
| 6 | BALYBALLYS CORPORATION | 2,408,063 | $23M | 7.3% | ADD 25% |
| 7 | OABIOMNIAB INC | 14,223,658 | $22M | 7.0% | HOLD |
| 8 | TDAYUSA TODAY CO INC | 3,124,833 | $22M | 7.0% | TRIM −35% |
| 9 | CDZICADIZ INC | 3,986,822 | $20M | 6.2% | HOLD |
| 10 | SGRYSURGERY PARTNERS INC | 911,136 | $11M | 3.4% | ADD 52% |
| 11 | QUREUNIQURE NV | 657,611 | $11M | 3.4% | ADD 43% |
| 12 | PUBMPUBMATIC INC | 690,000 | $6M | 1.8% | NEW |
| 13 | OPKOPKO HEALTH INC | 4,253,340 | $5M | 1.5% | HOLD |
| 14 | VATEINNOVATE CORP | 743,000 | $4M | 1.3% | HOLD |
| 15 | TEADTEADS HLDG CO | 3,610,103 | $2M | 0.8% | NEW |
| 16 | KGKESTREL GROUP LTD | 160,916 | $2M | 0.5% | HOLD |
| 17 | NNNEXTNAV INC | 60,655 | $971,693 | 0.3% | NEW |
| 18 | NEXTNAV INC | 47,264 | $299,181 | 0.1% | HOLD |
| Security | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| ABUSARBUTUS BIOPHARMA CORP | 13.2M | 13.3M | 13.3M | 13.3M | 13.3M | 14.9M | $67M |
| ROIVROIVANT SCIENCES LTD | 2.4M | 3.4M | 3.9M | 3.5M | 2.1M | 1.4M | $39M |
| JOYYJOYY INC | 420K | 759K | 915K | 405K | 405K | 525K | $31M |
| SOCSABLE OFFSHORE CORP | — | — | — | — | 1.9M | 1.5M | $26M |
| GNWGENWORTH FINL INC | 3.0M | 3.0M | 3.2M | 3.7M | 2.5M | 3.1M | $25M |
| BALYBALLYS CORPORATION | — | — | — | 1.3M | 1.9M | 2.4M | $23M |
| OABIOMNIAB INC | — | 3.9M | 10.2M | 14.2M | 14.2M | 14.2M | $22M |
| TDAYUSA TODAY CO INC | — | — | 2.7M | 3.6M | 4.8M | 3.1M | $22M |
| CDZICADIZ INC | 3.7M | 3.7M | 4.0M | 4.0M | 4.0M | 4.0M | $20M |
| SGRYSURGERY PARTNERS INC | — | — | 371K | 371K | 600K | 911K | $11M |
| QUREUNIQURE NV | — | — | — | — | 459K | 658K | $11M |
| PUBMPUBMATIC INC | — | — | — | — | — | 690K | $6M |
| OPKOPKO HEALTH INC | 134K | — | 1.8M | 4.9M | 4.3M | 4.3M | $5M |
| VATEINNOVATE CORP | 320K | 743K | 743K | 743K | 743K | 743K | $4M |
| TEADTEADS HLDG CO | — | — | — | — | — | 3.6M | $2M |
Shares reported each quarter by the largest current holdings. Green = added vs the prior filing of that name, red = trimmed, grey = roughly held; a dash is a quarter with no 13F on file (a gap is skipped, not read as an exit). 13F is filed up to 45 days after quarter-end. Up to 40 quarters (10 years) available — use the selector above.
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