Q4 2025 · 13F-HR
Lagoda Investment Management, L.P.holdings as filed
Filed 2026-02-17 · accession 0001493152-26-007087
$172.7M
Reported value
25
Positions
2025-12-31
Period end
The Brief · Lagoda Investment Management, L.P. · Q4 2025
AI · grounded in 13F
Lagoda Investment Management, L.P. established a new position in SNPS valued at $4.11M. The fund also opened new stakes in GH for $3.22M and BABA for $807K. Additionally, the manager increased its holding in GOOG by 4.62% while trimming its position in ARM by 26.47%.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 88262P102 | TPL | TEXAS PACIFIC LAND CORPORATI | $29.9M | 17.3% | 104,221 | Common | SOLE |
| 632307104 | NTRA | NATERA INC | $18.2M | 10.5% | 79,350 | Common | SOLE |
| 02079K107 | GOOG | ALPHABET INC | $14.5M | 8.37% | 46,075 | Common | SOLE |
| 89377M109 | TMDX | TRANSMEDICS GROUP INC | $12.7M | 7.38% | 104,800 | Common | SOLE |
| 85916J409 | STXS | STEREOTAXIS INC | $11.2M | 6.47% | 4,861,200 | Common | SOLE |
| 874039100 | TSM | TAIWAN SEMICONDUCTOR MFG LTD | $9.6M | 5.57% | 31,630 | Common | SOLE |
| 983793100 | XPO | XPO INC | $9.3M | 5.40% | 68,665 | Common | SOLE |
| 898202106 | TRUP | TRUPANION INC | $9.3M | 5.39% | 249,275 | Common | SOLE |
| 69370C100 | PTC | PTC INC | $8.8M | 5.10% | 50,510 | Common | SOLE |
| 36262G101 | GXO | GXO LOGISTICS INCORPORATED | $7.8M | 4.54% | 149,095 | Common | SOLE |
| G7496G103 | RNR | RENAISSANCERE HLDGS LTD | $7.4M | 4.27% | 26,215 | Common | SOLE |
| 90353W103 | UI | UBIQUITI INC | $6.5M | 3.79% | 11,820 | Common | SOLE |
| 25381B101 | DMRC | DIGIMARC CORP NEW | $4.6M | 2.64% | 694,445 | Common | SOLE |
| 871607107 | SNPS | SYNOPSYS INC | $4.1M | 2.38% | 8,752 | Common | SOLE |
| 57636Q104 | MA | MASTERCARD INCORPORATED | $3.3M | 1.92% | 5,804 | Common | SOLE |
| 40131M109 | GH | GUARDANT HEALTH INC | $3.2M | 1.86% | 31,505 | Common | SOLE |
| 042068205 | ARM | ARM HOLDINGS PLC | $3.1M | 1.80% | 28,435 | Common | SOLE |
| 928661107 | VNRXGBP | VOLITIONRX LTD | $2.9M | 1.70% | 11,463,603 | Common | SOLE |
| 422806109 | HEI | HEICO CORP NEW | $2.0M | 1.17% | 6,265 | Common | SOLE |
| 084670702 | BRK/B | BERKSHIRE HATHAWAY INC DEL | $1.9M | 1.13% | 3,870 | Common | SOLE |
| 01609W102 | BABA | ALIBABA GROUP HLDG LTD | $807,363 | 0.47% | 5,508 | Common | SOLE |
| 594918104 | MSFT | MICROSOFT CORP | $544,073 | 0.32% | 1,125 | Common | SOLE |
| 02079K305 | GOOGL | ALPHABET INC | $471,065 | 0.27% | 1,505 | Common | SOLE |
| 78463V107 | GLD | SPDR GOLD TR | $257,602 | 0.15% | 650 | Common | SOLE |
| 76954A103 | RIVN | RIVIAN AUTOMOTIVE INC | $86,724 | 0.05% | 4,400 | 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.