Q3 2025 · 13F-HR
Lagoda Investment Management, L.P.holdings as filed
Filed 2025-11-14 · accession 0001493152-25-023435
$176.7M
Reported value
23
Positions
2025-09-30
Period end
The Brief · Lagoda Investment Management, L.P. · Q3 2025
AI · grounded in 13F
Lagoda Investment Management, L.P. established a new position in TPL valued at $31.8M. The fund also initiated new stakes in STXS for $14.6M and NTRA for $13.6M. Other new additions include TMDX, TRUP, and GOOG. The fund ended the period with 23 positions and total AUM of $176.7M.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 88262P102 | TPL | TEXAS PACIFIC LAND CORPORATI | $31.8M | 18.0% | 34,092 | Common | SOLE |
| 85916J409 | STXS | STEREOTAXIS INC | $14.6M | 8.28% | 4,707,400 | Common | SOLE |
| 632307104 | NTRA | NATERA INC | $13.6M | 7.68% | 84,340 | Common | SOLE |
| 89377M109 | TMDX | TRANSMEDICS GROUP INC | $12.1M | 6.86% | 108,060 | Common | SOLE |
| 898202106 | TRUP | TRUPANION INC | $11.3M | 6.37% | 260,115 | Common | SOLE |
| 02079K107 | GOOG | ALPHABET INC | $10.7M | 6.07% | 44,040 | Common | SOLE |
| 69370C100 | PTC | PTC INC | $10.4M | 5.87% | 51,145 | Common | SOLE |
| 983793100 | XPO | XPO INC | $9.3M | 5.26% | 71,950 | Common | SOLE |
| 874039100 | TSM | TAIWAN SEMICONDUCTOR MFG LTD | $9.3M | 5.25% | 33,255 | Common | SOLE |
| 90353W103 | UI | UBIQUITI INC | $9.0M | 5.09% | 13,615 | Common | SOLE |
| 928661107 | VNRXGBP | VOLITIONRX LTD | $8.5M | 4.80% | 12,487,000 | Common | SOLE |
| 36262G101 | GXO | GXO LOGISTICS INCORPORATED | $7.9M | 4.46% | 148,930 | Common | SOLE |
| 25381B101 | DMRC | DIGIMARC CORP NEW | $7.4M | 4.21% | 761,345 | Common | SOLE |
| G7496G103 | RNR | RENAISSANCERE HLDGS LTD | $6.8M | 3.85% | 26,790 | Common | SOLE |
| 042068205 | ARM | ARM HOLDINGS PLC | $5.5M | 3.10% | 38,670 | Common | SOLE |
| 57636Q104 | MA | MASTERCARD INCORPORATED | $3.3M | 1.87% | 5,804 | Common | SOLE |
| 422806109 | HEI | HEICO CORP NEW | $2.0M | 1.13% | 6,210 | Common | SOLE |
| 084670702 | BRK/B | BERKSHIRE HATHAWAY INC DEL | $2.0M | 1.13% | 3,960 | Common | SOLE |
| 594918104 | MSFT | MICROSOFT CORP | $582,694 | 0.33% | 1,125 | Common | SOLE |
| 02079K305 | GOOGL | ALPHABET INC | $365,866 | 0.21% | 1,505 | Common | SOLE |
| 78463V107 | GLD | SPDR GOLD TR | $231,056 | 0.13% | 650 | Common | SOLE |
| 76954A103 | RIVN | RIVIAN AUTOMOTIVE INC | $64,592 | 0.04% | 4,400 | Common | SOLE |
| 002824100 | ABT | ABBOTT LABS | $21,430 | 0.01% | 160 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.