Avalon Ventures Management, LLC

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 25, 2025), Avalon Ventures Management, LLC reported 2 stock positions worth $19.0 million. Its top holding was Kaltura (KLTR) at 94.7% of the portfolio, followed by Janux Therapeutics (JANX, 5.3%). Compared with Q1 2025, it opened 1 new position. The biggest buy was a new position in Janux Therapeutics (JANX).

Most Recent 13F
Q3 2025
Location
LA JOLLA, CA
CIK
0002026666
Portfolio Value
$19.0M (Q2 2025)
SEC Filing
0001415889-25-020289 ↗ filed Jul 25, 2025

Holdings Value

0$5.0M$10.0M$15.0M$20.0M Q4 2024: $19.7M Q4 2024 Q1 2025: $16.8M Q1 2025 Q2 2025: $19.0M $19.0M Q2 2025 Q3 2025: $14.2M Q3 2025

Holdings 2 stocks · $19.0M

KLTR Kaltura Inc. 94.74% 8,962,707 $18.0M No change
JANX Janux Therapeutics Inc. 5.26% 43,300 $1.0M New

Portfolio Sells Q1 2025 → Q2 2025

None this quarter.

Portfolio Buys Q1 2025 → Q2 2025

JANX Janux Therapeutics Inc. New 5.26% +5.26

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q3 2025 2$14.2MKLTR, JANX
Q2 2025 2$19.0MKLTR, JANX
Q1 2025 1$16.8MKLTR
Q4 2024 1$19.7MKLTR