FLAX POND CAPITAL, LLC

CIK

2106996

Location

MERION STATION, PA

Portfolio Value

Small $116,497,331

Diversification

Diversified

Filing Date

Global Rank

#5,370 / 8,622 ▼ 5 · as of Mar 2026

Top Industry

Gold 13.2%

3Y Alpha vs SPY

-18.4%

Period ended 4 months ago

Filed May 19, 2026 · 2mo

2 quarters · since Dec 2025

Clone Performance

Feb 2026–Jul 2026 · vs SPY

Hypothetical growth of buying every stock this filer reported holding, rebalancing on each filing and indexed to the same start. Option positions cannot be bought this way and are left out.

Cloned portfolio

+0.9%

SPY

+9.0%

Annualised alpha

-18.9%

Max drawdown

−9.2%

Estimate. 13F holdings are quarter-lagged, so the clone rebalances about 45 days after each period end — when the filing becomes public — and it excludes option and short positions. It tracks 100% of reported value on average across 2 quarters. Past performance does not predict future results.

Portfolio Concentration

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

Top Position

11.6%

+1.3 pts

Top 5

33.1%

+4.8 pts

Top 10

52.5%

+7.7 pts

HHI

419

Diversified+59

Portfolio Trend

2 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Basic Materials	14.6%	$17,011,081	6
Energy	13.7%	$15,917,194	8
Healthcare	12.4%	$14,459,276	15
Unclassified	11.6%	$13,492,603	1
Real Estate	11.3%	$13,194,604	5
Financial Services	10.1%	$11,711,823	6
Communication Services	8.9%	$10,331,370	3
Consumer Cyclical	5.7%	$6,688,629	3
Utilities	5.6%	$6,552,663	3
Consumer Defensive	2.6%	$3,068,274	2
Technology	2.6%	$3,036,953	2
Industrials	0.9%	$1,032,861	2

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

19 positions

Ticker	Company	Δ Shares	Shares	Value
DRVN	Driven Brands Holdings Inc.	+239,420	430,020	$5,422,552
ANGI	Angi Inc.	+203,165	485,290	$3,324,236
LODE	Comstock Inc.	+155,763	849,788	$2,591,853
EIC	Eagle Point Income Co Inc.	+150,815	603,019	$5,692,499
B	Barrick Mining Corp	+27,600	107,943	$4,402,994
SABA	Saba Capital Income & Opportunities Fund II	+16,780	299,313	$2,490,284
FPH	Five Point Holdings, LLC	+16,600	141,707	$685,861
BRW	Saba Capital Income & Opportunities Fund	+10,000	405,786	$2,734,997
QURE	uniQure N.V.	+5,533	152,031	$2,485,706
NEM	NEWMONT Corp /DE/	+5,000	41,630	$4,506,447
XOM	ExxonMobil Holdings Corp	+2,934	4,634	$786,204
BCYC	Bicycle Therapeutics PLC	+2,503	176,136	$817,271
LMNR	Limoneira CO	+1,224	171,132	$2,296,591
RGLD	Royal Gold Inc	+1,100	18,340	$4,667,346
RARE	Ultragenyx Pharmaceutical Inc.	+400	56,638	$1,186,566
COLD	Americold Realty Trust	+250	355,413	$4,073,032
KSPI	Joint Stock Co Kaspi.kz	+200	40,824	$3,023,833
IDYA	IDEAYA Biosciences, Inc.	+100	39,242	$1,307,543
ARE	Alexandria Real Estate Equities, Inc.	+60	57,460	$2,667,293
No positions match the current search.

Trimmed

Positions the filer reduced

18 positions

Ticker	Company	Δ Shares	Shares	Value
JRVR	James River Group Holdings, Inc.	−524,567	14,200	$89,460
VET	Vermilion Energy Inc.	−151,000	137,700	$1,897,506
EU	enCore Energy Corp.	−100,000	52,292	$94,125
LYB	LyondellBasell Industries N.V.	−70,244	10,442	$841,207
PPLI	People Inc	−48,600	51,105	$2,045,733
GPN	Global Payments Inc	−45,840	15,270	$1,027,671
JD	JD.com, Inc.	−41,550	42,392	$1,253,531
MUR	Murphy Oil Corp	−35,700	187,256	$7,724,310
FOCL	Edap Tms SA	−13,800	783,446	$2,914,419
GPCR	Structure Therapeutics Inc.	−12,721	36,000	$1,735,200
GEL	Genesis Energy LP	−8,139	85,232	$1,519,686
BCE	Bce Inc	−4,600	196,569	$4,961,401
ORGO	Organogenesis Holdings Inc.	−4,100	420,091	$995,615
BWG	BrandywineGLOBAL-Global Income Opportunities Fund Inc	−3,000	15,000	$115,050
GLD	Spdr Gold Trust	−1,650	31,357	$13,492,603
CMPS	COMPASS Pathways plc	−250	52,566	$290,689
WY	Weyerhaeuser Co	−210	70,450	$1,721,093
JNJ	Johnson & Johnson	−100	872	$213,151
No positions match the current search.

New Positions

Positions the filer opened this quarter

12 positions

Ticker	Company	Shares	Value
NXRT	NexPoint Residential Trust, Inc.	161,893	$4,047,325
GPRK	GeoPark Ltd	352,833	$3,351,913
NOMD	Nomad Foods Ltd	80,300	$771,683
IMSR	Terrestrial Energy Inc. /DE/	16,000	$96,080
TWST	Twist Bioscience Corp	1,600	$76,032
URG	Ur-Energy Inc	15,000	$22,350
KD	Kyndryl Holdings, Inc.	1,000	$13,120
NXGL	Nexgel, Inc.	20,000	$12,660
BABA	Alibaba Group Holding Ltd	100	$12,546
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.

Sold Out

Positions the filer fully exited

3 positions

Ticker	Company	Shares	Value
UNH	Unitedhealth Group Inc	11,630	$3,839,179
UPS	United Parcel Service Inc	34,531	$3,425,129
WKC	World Kinect Corp	27,544	$645,355
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

56 tracked positions · $116,497,331 total · as of Mar 31, 2026

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

Showing 1–50 of 56 positions by value · page 1 of 2

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
GLD	Spdr Gold Trust	Reduced	31,357	-1,650	$13,492,603	+3.1%	11.58%
MUR	Murphy Oil Corp Energy	Reduced	187,256	-35,700	$7,724,310	+10.9%	6.63%
XIFR	XPLR Infrastructure, LP Utilities	Held	583,084	0	$6,192,352	+6.2%	5.32%
EIC	Eagle Point Income Co Inc. Financial Services	Added	603,019	+150,815	$5,692,499	+10.3%	4.89%
DRVN	Driven Brands Holdings Inc. Consumer Cyclical	Added	430,020	+239,420	$5,422,552	+92.0%	4.65%
BCE	Bce Inc Communication Services	Reduced	196,569	-4,600	$4,961,401	+3.5%	4.26%
RGLD	Royal Gold Inc Basic Materials	Added	18,340	+1,100	$4,667,346	+21.8%	4.01%
NEM	NEWMONT Corp /DE/ Basic Materials	Added	41,630	+5,000	$4,506,447	+23.2%	3.87%
B	Barrick Mining Corp Basic Materials	Added	107,943	+27,600	$4,402,994	+25.8%	3.78%
COLD	Americold Realty Trust Real Estate	Added	355,413	+250	$4,073,032	−10.8%	3.50%
NXRT	NexPoint Residential Trust, Inc. Real Estate	NEW	161,893	NEW	$4,047,325	NEW	3.47%
GPRK	GeoPark Ltd Energy	NEW	352,833	NEW	$3,351,913	NEW	2.88%
ANGI	Angi Inc. Communication Services	Added	485,290	+203,165	$3,324,236	−8.9%	2.85%
KSPI	Joint Stock Co Kaspi.kz Technology	Added	40,824	+200	$3,023,833	−4.7%	2.60%
FOCL	Edap Tms SA Healthcare	Reduced	783,446	-13,800	$2,914,419	+11.1%	2.50%
BRW	Saba Capital Income & Opportunities Fund Financial Services	Added	405,786	+10,000	$2,734,997	−1.4%	2.35%
ARE	Alexandria Real Estate Equities, Inc. Real Estate	Added	57,460	+60	$2,667,293	−5.1%	2.29%
LODE	Comstock Inc. Basic Materials	Added	849,788	+155,763	$2,591,853	−0.7%	2.22%
SABA	Saba Capital Income & Opportunities Fund II Financial Services	Added	299,313	+16,780	$2,490,284	+6.8%	2.14%
QURE	uniQure N.V. Healthcare	Added	152,031	+5,533	$2,485,706	−29.1%	2.13%
LMNR	Limoneira CO Consumer Defensive	Added	171,132	+1,224	$2,296,591	+7.0%	1.97%
PPLI	People Inc Communication Services	Reduced	51,105	-48,600	$2,045,733	−47.5%	1.76%
VET	Vermilion Energy Inc. Energy	Reduced	137,700	-151,000	$1,897,506	−21.2%	1.63%
GPCR	Structure Therapeutics Inc. Healthcare	Reduced	36,000	-12,721	$1,735,200	−48.8%	1.49%
WY	Weyerhaeuser Co Real Estate	Reduced	70,450	-210	$1,721,093	+2.8%	1.48%
GEL	Genesis Energy LP Energy	Reduced	85,232	-8,139	$1,519,686	+4.3%	1.30%
IDYA	IDEAYA Biosciences, Inc. Healthcare	Added	39,242	+100	$1,307,543	−3.4%	1.12%
JD	JD.com, Inc. Consumer Cyclical	Reduced	42,392	-41,550	$1,253,531	−48.0%	1.08%
NRIX	Nurix Therapeutics, Inc. Healthcare	Held	80,200	0	$1,243,100	−18.3%	1.07%
RARE	Ultragenyx Pharmaceutical Inc. Healthcare	Added	56,638	+400	$1,186,566	−8.3%	1.02%
GPN	Global Payments Inc Industrials	Reduced	15,270	-45,840	$1,027,671	−78.3%	0.88%
ORGO	Organogenesis Holdings Inc. Healthcare	Reduced	420,091	-4,100	$995,615	−54.7%	0.85%
LYB	LyondellBasell Industries N.V. Basic Materials	Reduced	10,442	-70,244	$841,207	−75.9%	0.72%
BCYC	Bicycle Therapeutics PLC Healthcare	Added	176,136	+2,503	$817,271	−33.5%	0.70%
XOM	ExxonMobil Holdings Corp Energy	Added	4,634	+2,934	$786,204	+284.3%	0.67%
NOMD	Nomad Foods Ltd Consumer Defensive	NEW	80,300	NEW	$771,683	NEW	0.66%
RVMD	Revolution Medicines, Inc. Healthcare	Held	7,933	0	$771,484	+22.1%	0.66%
FPH	Five Point Holdings, LLC Real Estate	Added	141,707	+16,600	$685,861	−1.9%	0.59%
ASA	ASA Gold & Precious Metals Ltd Financial Services	Held	9,504	0	$589,533	+4.0%	0.51%
ET	Energy Transfer LP Energy	Held	27,000	0	$521,100	+17.0%	0.45%
PTCT	Ptc Therapeutics, Inc. Healthcare	Held	6,000	0	$408,780	−10.3%	0.35%
CMPS	COMPASS Pathways plc Healthcare	Reduced	52,566	-250	$290,689	−20.2%	0.25%
CDZI	Cadiz Inc Utilities	Held	53,815	0	$264,231	−12.5%	0.23%
JNJ	Johnson & Johnson Healthcare	Reduced	872	-100	$213,151	+6.0%	0.18%
BWG	BrandywineGLOBAL-Global Income Opportunities Fund Inc Financial Services	Reduced	15,000	-3,000	$115,050	−23.6%	0.10%
IMSR	Terrestrial Energy Inc. /DE/ Utilities	NEW	16,000	NEW	$96,080	NEW	0.08%
EU	enCore Energy Corp. Energy	Reduced	52,292	-100,000	$94,125	−75.1%	0.08%
JRVR	James River Group Holdings, Inc. Financial Services	Reduced	14,200	-524,567	$89,460	−97.4%	0.08%
TWST	Twist Bioscience Corp Healthcare	NEW	1,600	NEW	$76,032	NEW	0.07%
URG	Ur-Energy Inc Energy	NEW	15,000	NEW	$22,350	NEW	0.02%

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.