Inherent Management Corp.
Inherent Management Corp. reported 11 US-listed holdings worth $257.6 million in its 13F for the quarter ended 30 June 2026, filed 14 August 2026. Its largest: Vanguard Ftse Developed Markets (23.4%), Patria Investments Limited (20.6%) and iShares Core MSCI Emerging Mark (13.4%). Against the quarter before, it opened 3 positions, added to 1, trimmed 1 and sold out of 1.
The 11 largest of its 11 positions, each sized by its share of the reported holdings, coloured by the change in shares against Q1 2026.
What the fund reported holding at each quarter's end; hover a bar for the number of positions
What its reported holdings returned
Held through each quarter, the holdings it reported returned +38.4% over the 6 quarters to 30 June 2026, against +27.4% for the S&P 500.
Not the fund's own return: each 13F's holdings are kept unchanged until the next one, so trades inside a quarter, dividends, cash and fees are left out. A rough guide to how its picks have done over time.
What it did on the quarter
Its positions against its 13F for the quarter to 31 March 2026; a change under 0.1% of a position counts as held
Opened 3
- Patria Investments Limited PAX$53.0 million
- Pennymac Finl Svcs Inc. New PFSI$10.5 million
- Cerebras Systems Inc. Com Class A CBRS$4.7 million
Added to 1
- StepStone Group Inc. STEP+30,000 shares · +13%
Trimmed 1
- Vanguard Ftse Developed Markets VEA-325,000 shares · -28%
Sold out of 1
- P10 Inc. RPC$4.0 million last quarter
What it holds
| Company | Shares | Value | Of its book | Change in shares |
|---|---|---|---|---|
| Vanguard Ftse Developed Markets VEA | 846.4K | $60.3 million | 23.41% | -325.0K |
| Patria Investments Limited PAX | 290.8K | $53.0 million | 20.58% | new |
| iShares Core MSCI Emerging Mark IEMG | 415.6K | $34.4 million | 13.36% | no change |
| Sotera Health Co. SHC | 1.7M | $29.5 million | 11.44% | no change |
| NextEra Energy Inc. NEE | 284.5K | $25.0 million | 9.69% | no change |
| TransDigm Group Inc. TDG | 10.0K | $13.3 million | 5.17% | no change |
| iShares Inc. URTH | 60.6K | $12.3 million | 4.77% | no change |
| StepStone Group Inc. STEP | 263.7K | $10.9 million | 4.23% | +30.0K |
| Pennymac Finl Svcs Inc. New PFSI | 120.0K | $10.5 million | 4.06% | new |
| Cerebras Systems Inc. Com Class A CBRS | 425.0K | $4.7 million | 1.81% | new |
| Vertical Aerospace Ltd EVTL | 2.2M | $3.8 million | 1.47% | no change |