FLAX POND CAPITAL, LLC

Registered adviser

CIK

2106996

Location

MERION STATION, PA

Portfolio Value

Small $143,809,394

Diversification

Diversified

Filing Date

Global Rank

#7,553 / 8,818 ▲ 3

Top Industry

Biotechnology 14.2%

Period ended 4 months ago

Filed Aug 14, 2026 · 2mo

3 quarters · since Dec 2025

Regulatory profile

From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.

Holder type

Registered adviser

Form ADV roster, Oct 1, 2026

Form ADV adviser

CRD 324332

Roster of Oct 1, 2026

Regulatory AUM

$222,295,161

Main clients

Individuals and high net worth (100% of AUM)

Form ADV history

Monthly rosters from Dec 2019; each row is a run with the same figures, newest first.

Rosters	Regulatory AUM	Main clients
Feb 2026 to Oct 2026	$222,295,161	Individuals and high net worth (100%)
Mar 2025 to Jan 2026	$172,761,089	Individuals and high net worth (100%)
Oct 2024 to Feb 2025	$177,373,697	Individuals and high net worth (100%)
Mar 2024 to Sep 2024	$156,934,958	Individuals and high net worth (100%)
Jun 2023 to Feb 2024	$145,071,788	Individuals and high net worth (100%)
May 2023	$0	—

1 earlier changes not shown.

Portfolio style

Measured from the filed 13F common-share book for Jun 30, 2026, never from the firm's own description.

Style

Diversified active

Top 10 weight 44.9%, 31.7 effective positions, active share 98.0% against every 13F filer's combined book; it meets none of the index-like, systematic-like or concentrated tests

Turnover

Turnover unknown

It needs four straight quarters of measured turnover

Horizon

Short horizon

Value-weighted holding period 2.8 quarters (under 4)

Closest benchmark: every 13F filer's combined book, active share 98.0%; sector active share 37.2% against the combined 13F book's sector weights.

Over time 3 measured quarters

How the bands are measured

Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.

Clone Performance

Build a hypothetical price-return history from this filer's public 13F holdings.

View clone backtest

Portfolio Concentration

58 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026

Top Position

8.1%

−2.8 pts

Top 5

26.4%

−4.6 pts

Top 10

44.9%

−5.2 pts

HHI

315

Diversified−75

Portfolio Trend

3 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Healthcare	16.0%	$23,051,241	12
Unclassified	15.7%	$22,623,626	5
Real Estate	12.7%	$18,322,261	5
Basic Materials	11.3%	$16,248,145	5
Financial Services	10.6%	$15,296,339	7
Energy	9.1%	$13,112,925	7
Communication Services	7.0%	$10,064,554	5
Consumer Cyclical	5.9%	$8,506,815	3
Utilities	3.9%	$5,680,325	2
Technology	3.8%	$5,499,429	2
Consumer Defensive	2.6%	$3,784,926	3
Industrials	1.1%	$1,618,808	2

Last Quarter's Activity

Export CSV

Jun 30, 2026 vs Mar 31, 2026

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
JRVR	James River Group Holdings, Inc.	+280,174	294,374	$1,295,245
ANGI	Angi Inc.	+179,472	664,762	$3,955,333
KD	Kyndryl Holdings, Inc.	+172,820	173,820	$1,965,904
EU	enCore Energy Corp.	+123,915	176,207	$230,831
VET	Vermilion Energy Inc.	+97,085	234,785	$2,199,935
EIC	Eagle Point Income Co	+90,269	693,288	$6,981,410
LODE	Comstock Inc.	+76,800	926,588	$3,854,606
ARE	Alexandria Real Estate Equities, Inc.	+51,090	108,550	$5,736,867
SABA	Saba Capital Income & Opportunities Fund II	+14,378	313,691	$2,619,319
EWZ	iShares MSCI Brazil ETF	+13,440	149,233	$5,148,538
DFAX	Dimensional World ex. U.S. Core Equity 2 ETF	+10,790	79,254	$2,919,717
LMNR	Limoneira CO	+8,876	180,008	$2,363,505
DRVN	Driven Brands Holdings Inc.	+6,750	436,770	$6,088,573
FPH	Five Point Holdings, LLC	+5,023	146,730	$773,267
QURE	uniQure N.V.	+4,695	156,726	$7,218,799
GPN	Global Payments Inc	+4,055	19,325	$1,402,222
NOMD	Nomad Foods Ltd	+4,000	84,300	$923,085
BCYC	Bicycle Therapeutics PLC	+3,950	180,086	$763,564
B	Barrick Mining Corp	+3,700	111,643	$4,100,647
ORGO	Organogenesis Holdings Inc.	+2,500	422,591	$1,026,896
IDYA	IDEAYA Biosciences, Inc.	+2,060	41,302	$1,539,325
NEM	NEWMONT Corp	+1,545	43,175	$4,032,545
NXRT	NexPoint Residential Trust, Inc.	+1,071	162,964	$4,549,954
MUR	Murphy Oil Corp	+700	187,956	$6,119,847
LYB	LyondellBasell Industries N.V.	+300	10,742	$565,566
No positions match the current search.

Trimmed

Positions the filer reduced

10 positions

Ticker	Company	Δ Shares	Shares	Value
XIFR	XPLR Infrastructure, LP	−111,700	471,384	$5,567,045
GPRK	GeoPark Ltd	−110,550	242,283	$2,204,775
BCE	Bce Inc	−108,833	87,736	$1,887,201
FOCL	Edap Tms SA	−47,216	736,230	$3,813,671
CDZI	Cadiz Inc	−2,000	51,815	$216,586
CMPS	COMPASS Pathways plc	−1,050	51,516	$728,951
NRIX	Nurix Therapeutics, Inc.	−500	79,700	$1,933,522
WY	Weyerhaeuser Co	−480	69,970	$1,675,081
JD	JD.com, Inc.	−150	42,242	$1,076,326
KSPI	Joint Stock Co Kaspi.kz	−40	40,784	$3,533,525
No positions match the current search.

New Positions

Positions the filer opened this quarter

6 positions

Ticker	Company	Shares	Value
—		115,133	$2,817,304
CMCSA	Comcast Corp	66,260	$1,626,683
PLNT	Planet Fitness, Inc.	25,722	$1,341,916
NMFC	New Mountain Finance Corp	156,299	$1,120,663
GIS	General Mills Inc	14,320	$498,336
TMUS	T-Mobile US, Inc.	1,409	$236,331
No positions match the current search.

Sold Out

Positions the filer fully exited

8 positions

Ticker	Company	Shares	Value
TWST	Twist Bioscience Corp	1,600	$76,032
URG	Ur-Energy Inc	15,000	$22,350
NXGL	Nexgel, Inc.	20,000	$12,660
BABA	Alibaba Group Holding Ltd	100	$12,546
HPP	Hudson Pacific Properties, Inc.	1,429	$8,445
PCT	PureCycle Technologies, Inc.	1,000	$5,190
SGML	Sigma Lithium Corp	100	$1,234
ARVN	Arvinas, Inc.	100	$1,060
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

58 tracked positions · $143,809,394 total · filing declares 56 positions · $143,474,852 · as of Jun 30, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Showing 1–50 of 58 positions by value · page 1 of 2

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	Held (qtrs)	Est. cost/share	% of Portfolio
GLD	Spdr Gold Trust	Added	31,557	+200	$11,624,967	−13.8%	3	before history	8.08%
QURE	uniQure N.V. Healthcare	Added	156,726	+4,695	$7,218,799	+190.4%	3	before history	5.02%
EIC	Eagle Point Income Co Financial Services	Added	693,288	+90,269	$6,981,410	+22.6%	3	before history	4.85%
MUR	Murphy Oil Corp Energy	Added	187,956	+700	$6,119,847	−20.8%	3	before history	4.26%
DRVN	Driven Brands Holdings Inc. Consumer Cyclical	Added	436,770	+6,750	$6,088,573	+12.3%	3	before history	4.23%
ARE	Alexandria Real Estate Equities, Inc. Real Estate	Added	108,550	+51,090	$5,736,867	+115.1%	3	before history	3.99%
COLD	Americold Realty Trust Real Estate	Held	355,413	0	$5,587,092	+37.2%	3	before history	3.89%
XIFR	XPLR Infrastructure, LP Utilities	Reduced	471,384	-111,700	$5,567,045	−10.1%	3	before history	3.87%
EWZ	iShares MSCI Brazil ETF	Added	149,233	+13,440	$5,148,538	−1.2%	3	before history	3.58%
NXRT	NexPoint Residential Trust, Inc. Real Estate	Added	162,964	+1,071	$4,549,954	+12.4%	2	$28.67	3.16%
B	Barrick Mining Corp Basic Materials	Added	111,643	+3,700	$4,100,647	−6.9%	3	before history	2.85%
NEM	NEWMONT Corp Basic Materials	Added	43,175	+1,545	$4,032,545	−10.5%	3	before history	2.80%
ANGI	Angi Inc. Communication Services	Added	664,762	+179,472	$3,955,333	+19.0%	3	before history	2.75%
LODE	Comstock Inc. Basic Materials	Added	926,588	+76,800	$3,854,606	+48.7%	3	before history	2.68%
FOCL	Edap Tms SA Healthcare	Reduced	736,230	-47,216	$3,813,671	+30.9%	3	before history	2.65%
RGLD	Royal Gold Inc Basic Materials	Added	18,510	+170	$3,694,781	−20.8%	3	before history	2.57%
KSPI	Joint Stock Co Kaspi.kz Technology	Reduced	40,784	-40	$3,533,525	+16.9%	3	before history	2.46%
DFAX	Dimensional World ex. U.S. Core Equity 2 ETF	Added	79,254	+10,790	$2,919,717	+25.5%	3	before history	2.03%
		NEW	115,133	NEW	$2,817,304	NEW	1	$27.69	1.96%
BRW	Saba Capital Income & Opportunities Fund Financial Services	Held	405,786	0	$2,666,014	−2.5%	3	before history	1.85%
SABA	Saba Capital Income & Opportunities Fund II Financial Services	Added	313,691	+14,378	$2,619,319	+5.2%	3	before history	1.82%
LMNR	Limoneira CO Consumer Defensive	Added	180,008	+8,876	$2,363,505	+2.9%	3	before history	1.64%
PPLI	People Inc Communication Services	Held	51,105	0	$2,359,006	+15.3%	3	before history	1.64%
GPRK	GeoPark Ltd Energy	Reduced	242,283	-110,550	$2,204,775	−34.2%	2	$8.42	1.53%
VET	Vermilion Energy Inc. Energy	Added	234,785	+97,085	$2,199,935	+15.9%	3	before history	1.53%
KD	Kyndryl Holdings, Inc. Technology	Added	173,820	+172,820	$1,965,904	+14884.0%	2	$12.49	1.37%
NRIX	Nurix Therapeutics, Inc. Healthcare	Reduced	79,700	-500	$1,933,522	+55.5%	3	before history	1.34%
GPCR	Structure Therapeutics Inc. Healthcare	Held	36,000	0	$1,932,120	+11.3%	3	before history	1.34%
RARE	Ultragenyx Pharmaceutical Inc. Healthcare	Added	56,838	+200	$1,897,820	+59.9%	3	before history	1.32%
BCE	Bce Inc Communication Services	Reduced	87,736	-108,833	$1,887,201	−62.0%	3	before history	1.31%
WY	Weyerhaeuser Co Real Estate	Reduced	69,970	-480	$1,675,081	−2.7%	3	before history	1.16%
CMCSA	Comcast Corp Communication Services	NEW	66,260	NEW	$1,626,683	NEW	1	$25.81	1.13%
IDYA	IDEAYA Biosciences, Inc. Healthcare	Added	41,302	+2,060	$1,539,325	+17.7%	3	before history	1.07%
RVMD	Revolution Medicines, Inc. Healthcare	Held	7,933	0	$1,485,692	+92.6%	3	before history	1.03%
GPN	Global Payments Inc Industrials	Added	19,325	+4,055	$1,402,222	+36.4%	3	before history	0.98%
PLNT	Planet Fitness, Inc. Consumer Cyclical	NEW	25,722	NEW	$1,341,916	NEW	1	$58.68	0.93%
JRVR	James River Group Holdings, Inc. Financial Services	Added	294,374	+280,174	$1,295,245	+1347.8%	3	before history	0.90%
GEL	Genesis Energy LP Energy	Held	85,232	0	$1,207,737	−20.5%	3	before history	0.84%
NMFC	New Mountain Finance Corp Financial Services	NEW	156,299	NEW	$1,120,663	NEW	1	$7.96	0.78%
JD	JD.com, Inc. Consumer Cyclical	Reduced	42,242	-150	$1,076,326	−14.1%	3	before history	0.75%
ORGO	Organogenesis Holdings Inc. Healthcare	Added	422,591	+2,500	$1,026,896	+3.1%	3	before history	0.71%
NOMD	Nomad Foods Ltd Consumer Defensive	Added	84,300	+4,000	$923,085	+19.6%	2	$11.41	0.64%
FPH	Five Point Holdings, LLC Real Estate	Added	146,730	+5,023	$773,267	+12.7%	3	before history	0.54%
BCYC	Bicycle Therapeutics PLC Healthcare	Added	180,086	+3,950	$763,564	−6.6%	3	before history	0.53%
CMPS	COMPASS Pathways plc Healthcare	Reduced	51,516	-1,050	$728,951	+150.8%	3	before history	0.51%
XOM	ExxonMobil Holdings Corp Energy	Held	4,634	0	$633,560	−19.4%	3	before history	0.44%
LYB	LyondellBasell Industries N.V. Basic Materials	Added	10,742	+300	$565,566	−32.8%	3	before history	0.39%
ET	Energy Transfer LP Energy	Held	27,000	0	$516,240	−0.9%	3	before history	0.36%
GIS	General Mills Inc Consumer Defensive	NEW	14,320	NEW	$498,336	NEW	1	$34.53	0.35%
ASA	ASA Gold & Precious Metals Ltd Financial Services	Held	9,504	0	$494,588	−16.1%	3	before history	0.34%

Showing the top 50 of 58 positions. Create a free account to see every position, past quarters, search, filters and CSV export.

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.