Lagoda Investment Management, L.P.

CIK

1632108

Location

NEW YORK, NY

Portfolio Value

Small $212,783,842

Diversification

Diversified

Filing Date

Global Rank

#4,062 / 8,608 ▲ 96 · as of Mar 2026

Top Industry

Medical Devices 36.0%

3Y Alpha vs SPY

-45.2%

Period ended 3 months ago

Filed May 15, 2026 · 59d

25 quarters · since Mar 2020

Clone Performance

Jul 2023–Jul 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

-55.9%

SPY

+73.9%

Annualised alpha

-44.1%

Max drawdown

−64.1%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

24 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

30.4%

+2.6 pts

Top 5

64.5%

+3.3 pts

Top 10

82.2%

+0.0 pts

HHI

1,461

Diversified+238

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Healthcare	47.3%	$100,711,646	6
Energy	19.2%	$40,918,936	1
Technology	17.8%	$37,875,483	8
Industrials	9.2%	$19,477,958	4
Financial Services	6.4%	$13,541,645	4
Unclassified	0.1%	$258,174	1

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

4 positions

Ticker	Company	Δ Shares	Shares	Value
VNRX	Volitionrx Ltd	+4,685,397	16,149,000	$64,596,000
DMRC	Digimarc Corp	+368,355	1,062,800	$5,218,348
GH	Guardant Health, Inc.	+4,905	36,410	$3,363,191
SNPS	Synopsys Inc	+638	9,390	$3,722,947
No positions match the current search.

Trimmed

Positions the filer reduced

17 positions

Ticker	Company	Δ Shares	Shares	Value
STXS	Stereotaxis, Inc.	−510,800	4,350,400	$8,004,736
TRUP	Trupanion, Inc.	−150,725	98,550	$2,523,865
GXO	GXO Logistics, Inc.	−19,835	129,260	$6,702,131
XPO	XPO, Inc.	−18,965	49,700	$9,669,135
TPL	Texas Pacific Land Corp	−17,996	86,225	$40,918,936
NTRA	Natera, Inc.	−14,895	64,455	$12,890,355
TMDX	TransMedics Group, Inc.	−14,270	90,530	$8,999,587
PTC	Ptc Inc.	−9,055	41,455	$5,906,922
TSM	Taiwan Semiconductor Manufacturing Co Ltd	−4,225	27,405	$9,261,519
RNR	Renaissancere Holdings Ltd	−3,595	22,620	$6,723,342
UI	Ubiquiti Inc.	−2,865	8,955	$7,077,046
ARM	Arm Holdings PLC /Uk	−2,350	26,085	$3,946,138
MA	Mastercard Inc	−729	5,075	$2,535,774
HEI	Heico Corp	−415	5,850	$1,604,070
BRK-B	Berkshire Hathaway Inc	−200	3,670	$1,758,664
GLD	Spdr Gold Trust	−50	600	$258,174
MSFT	Microsoft Corp	−25	1,100	$407,187
No positions match the current search.

New Positions

Positions the filer opened this quarter

3 positions

Ticker	Company	Shares	Value
PROF	Profound Medical Corp.	441,015	$2,857,777
AMD	Advanced Micro Devices Inc	11,480	$2,335,376
QXO	QXO, Inc.	77,375	$1,502,622
No positions match the current search.

Sold Out

Positions the filer fully exited

3 positions

Ticker	Company	Shares	Value
BABA	Alibaba Group Holding Ltd	5,508	$807,362
GOOGL	Alphabet Inc.	1,505	$471,065
RIVN	Rivian Automotive, Inc. / DE	4,400	$86,724
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

24 positions · $212,783,842 total · as of Mar 31, 2026

All sectors Energy Financial Services Healthcare Industrials Technology

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
VNRX	Volitionrx Ltd Healthcare	Reduced	16,149,000	-7,850,309	$64,596,000	+2.7%	30.36%
TPL	Texas Pacific Land Corp Energy	Reduced	86,225	-17,996	$40,918,936	+36.7%	19.23%
NTRA	Natera, Inc. Healthcare	Reduced	64,455	-14,895	$12,890,355	−29.1%	6.06%
XPO	XPO, Inc. Industrials	Reduced	49,700	-18,965	$9,669,135	+3.6%	4.54%
TSM	Taiwan Semiconductor Manufacturing Co Ltd Technology	Reduced	27,405	-4,225	$9,261,519	−3.6%	4.35%
TMDX	TransMedics Group, Inc. Healthcare	Reduced	90,530	-14,270	$8,999,587	−29.4%	4.23%
STXS	Stereotaxis, Inc. Healthcare	Reduced	4,350,400	-510,800	$8,004,736	−28.4%	3.76%
UI	Ubiquiti Inc. Technology	Reduced	8,955	-2,865	$7,077,046	+8.2%	3.33%
RNR	Renaissancere Holdings Ltd Financial Services	Reduced	22,620	-3,595	$6,723,342	−8.8%	3.16%
GXO	GXO Logistics, Inc. Industrials	Reduced	129,260	-19,835	$6,702,131	−14.6%	3.15%
PTC	Ptc Inc. Technology	Reduced	41,455	-9,055	$5,906,922	−32.9%	2.78%
DMRC	Digimarc Corp Technology	Added	1,062,800	+368,355	$5,218,348	+14.5%	2.45%
ARM	Arm Holdings PLC /Uk Technology	Reduced	26,085	-2,350	$3,946,138	+27.0%	1.85%
SNPS	Synopsys Inc Technology	Added	9,390	+638	$3,722,947	−9.4%	1.75%
GH	Guardant Health, Inc. Healthcare	Added	36,410	+4,905	$3,363,191	+4.5%	1.58%
PROF	Profound Medical Corp. Healthcare	NEW	441,015	NEW	$2,857,777	NEW	1.34%
MA	Mastercard Inc Financial Services	Reduced	5,075	-729	$2,535,774	−23.5%	1.19%
TRUP	Trupanion, Inc. Financial Services	Reduced	98,550	-150,725	$2,523,865	−72.9%	1.19%
AMD	Advanced Micro Devices Inc Technology	NEW	11,480	NEW	$2,335,376	NEW	1.10%
BRK-B	Berkshire Hathaway Inc Financial Services	Reduced	3,670	-200	$1,758,664	−9.6%	0.83%
HEI	Heico Corp Industrials	Reduced	5,850	-415	$1,604,070	−20.9%	0.75%
QXO	QXO, Inc. Industrials	NEW	77,375	NEW	$1,502,622	NEW	0.71%
MSFT	Microsoft Corp Technology	Reduced	1,100	-25	$407,187	−25.2%	0.19%
GLD	Spdr Gold Trust	Reduced	600	-50	$258,174	+0.2%	0.12%