Lagoda Investment Management, L.P.
Lagoda Investment Management, L.P. reported 25 US-listed holdings worth $181.9 million in its 13F for the quarter ended 30 June 2026, filed 14 August 2026. Its largest: Texas Pacific Land Corp. (20.6%), Natera, Inc. (8.7%) and Taiwan Semiconductor Manufacturing Company Limited (7.2%). Against the quarter before, it opened 1 position, added to 12, trimmed 10 and sold out of 1.
The 14 largest of its 25 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 +25.4% over the 7 quarters to 30 June 2026, against +30.2% 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 1
- Volitionrx Ltd VNRX$2.0 million
Added to 12
- Digimarc Parent Inc. Com DMRC+609,050 shares · +115%
- Advanced Micro Devices Inc. AMD+6,345 shares · +55%
- Qxo, Inc. QXO+126,300 shares · +163%
- Arm Holdings plc ARM+2,440 shares · +9%
- Synopsys Inc. SNPS+1,236 shares · +13%
- PTC Inc. PTC+4,205 shares · +10%
- TransMedics Group, Inc. TMDX+6,935 shares · +8%
- Profound Med Corp. Com New PROF+60,310 shares · +14%
and 4 more in the table below
Trimmed 10
- Natera, Inc. NTRA-5,952 shares · -9%
- Xpo, Inc. XPO-7,810 shares · -16%
- Ubiquiti Inc. UI-2,309 shares · -26%
- Trupanion, Inc. TRUP-19,500 shares · -20%
- Stereotaxis Inc. STXS-227,800 shares · -5%
- Alphabet Inc. GOOG-965 shares · -3%
- Texas Pacific Land Corp. TPL-594 shares · -1%
- Mastercard Inc. MA-340 shares · -7%
and 2 more in the table below
Sold out of 1
- Volitionrx Ltd VNRX$3.3 million last quarter
What it holds
| Company | Shares | Value | Of its book | Change in shares |
|---|---|---|---|---|
| Texas Pacific Land Corp. TPL | 85.6K | $37.5 million | 20.60% | -594 |
| Natera, Inc. NTRA | 58.5K | $15.9 million | 8.73% | -6.0K |
| Taiwan Semiconductor Manufacturing Company Limited TSM | 27.5K | $13.1 million | 7.23% | +115 |
| Alphabet Inc. GOOG | 36.4K | $12.9 million | 7.07% | -965 |
| Advanced Micro Devices Inc. AMD | 17.8K | $10.4 million | 5.69% | +6.3K |
| Arm Holdings plc ARM | 28.5K | $10.1 million | 5.56% | +2.4K |
| Digimarc Parent Inc. Com DMRC | 1.1M | $9.4 million | 5.15% | +609.0K |
| Xpo, Inc. XPO | 41.9K | $8.6 million | 4.73% | -7.8K |
| Stereotaxis Inc. STXS | 4.1M | $7.1 million | 3.90% | -227.8K |
| Renaissancere Holdings Ltd. RNR | 22.2K | $7.0 million | 3.87% | -385 |
| GXO Logistics, Inc. GXO | 129.3K | $6.6 million | 3.60% | +50 |
| TransMedics Group, Inc. TMDX | 97.5K | $6.5 million | 3.56% | +6.9K |
| Guardant Health, Inc. GH | 37.4K | $5.6 million | 3.08% | +955 |
| PTC Inc. PTC | 45.7K | $5.2 million | 2.85% | +4.2K |
| Synopsys Inc. SNPS | 10.6K | $4.7 million | 2.61% | +1.2K |
| Ubiquiti Inc. UI | 6.6K | $3.5 million | 1.95% | -2.3K |
| Qxo, Inc. QXO | 203.7K | $3.5 million | 1.94% | +126.3K |
| Profound Med Corp. Com New PROF | 501.3K | $3.3 million | 1.83% | +60.3K |
| Mastercard Inc. MA | 4.7K | $2.4 million | 1.34% | -340 |
| Heico Corp. HEI | 6.0K | $2.1 million | 1.17% | +150 |
| Volitionrx Ltd VNRX | 1.5M | $2.0 million | 1.08% | new |
| Trupanion, Inc. TRUP | 79.0K | $2.0 million | 1.08% | -19.5K |
| Berkshire Hathaway Inc. Class B BRKB | 3.7K | $1.8 million | 1.01% | no change |
| Microsoft Corp. MSFT | 1.1K | $400,997 | 0.22% | -25 |
| SPDR Gold Trust GLD | 700 | $257,866 | 0.14% | +100 |