Flax Pond Capital, LLC
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 19, 2026), Flax Pond Capital, LLC reported 62 stock positions worth $124.3 million. Its top holding was SPDR Gold Shares (GLD) at 10.9% of the portfolio, followed by Murphy Oil (MUR, 6.2%) and XPLR Infrastructure (XIFR, 5.0%). Compared with Q4 2025, it opened 15 new positions, sold out of 4, added to 21 and reduced 19. The biggest buy was a new position in Nexpoint Residential (NXRT) and the biggest sale an exit from Unitedhealth (UNH).
- Most Recent 13F
- Q2 2026
- Location
- MERION STATION, PA
- CIK
- 0002106996
- Portfolio Value
- $124.3M (Q1 2026)
- SEC Filing
- 0002106996-26-000006 ↗ filed May 19, 2026
Holdings Value
Holdings 62 stocks · $124.3M
| GLD SPDR Gold Shares | 10.86% | 31,357 | $13.5M | Reduce -5.0% |
| MUR Murphy Oil Corp. | 6.21% | 187,256 | $7.7M | Reduce -16.0% |
| XIFR XPLR Infrastructure LP | 4.98% | 583,084 | $6.2M | No change |
| EIC Eagle Point Income Co.-USA Inc. | 4.58% | 603,019 | $5.7M | Add +33.4% |
| DRVN Driven Brands Holdings Inc. | 4.36% | 430,020 | $5.4M | Add +125.6% |
| EWZ iShares MSCI Brazil ETF | 4.19% | 135,793 | $5.2M | Add +0.9% |
| BCE Bce Inc. | 3.99% | 196,569 | $5.0M | Reduce -2.3% |
| RGLD Royal Gold Inc. | 3.76% | 18,340 | $4.7M | Add +6.4% |
| NEM Newmont Corp. | 3.63% | 41,630 | $4.5M | Add +13.7% |
| B Barrick Mining Corp. | 3.54% | 107,943 | $4.4M | Add +34.4% |
| COLD Americold Realty Trust Inc. | 3.28% | 355,413 | $4.1M | Add +0.1% |
| NXRT Nexpoint Residential | 3.26% | 161,893 | $4.0M | New |
| GPRK Geopark Ltd. | 2.70% | 352,833 | $3.4M | New |
| ANGI Angi Inc. | 2.67% | 485,290 | $3.3M | Add +72.0% |
| KSPI JSC Kaspi.kz ADR filed as KASPI KZ JSC | 2.43% | 40,824 | $3.0M | Add +0.5% |
| FOCL Edap TMS SA -ADR | 2.34% | 783,446 | $2.9M | Reduce -1.7% |
| BRW Saba Capital Income & Opport | 2.20% | 405,786 | $2.7M | Add +2.5% |
| ARE Alexandria Real Estate Equit | 2.15% | 57,460 | $2.7M | Add +0.1% |
| LODE Comstock Inc. | 2.09% | 849,788 | $2.6M | Add +22.4% |
| SABA Saba Capital Income & Opp II | 2.00% | 299,313 | $2.5M | Add +5.9% |
| QURE Uniqure NV | 2.00% | 152,031 | $2.5M | Add +3.8% |
| DFAX Dimensional World Ex US Core | 1.87% | 68,464 | $2.3M | Add +1.9% |
| LMNR Limoneira Co. | 1.85% | 171,132 | $2.3M | Add +0.7% |
| PPLI People Inc. filed as IAC INC | 1.65% | 51,105 | $2.0M | Reduce -48.7% |
| VET Vermilion Energy Inc. | 1.53% | 137,700 | $1.9M | Reduce -52.3% |
| GPCR Structure Therapeutics Inc. | 1.40% | 36,000 | $1.7M | Reduce -26.1% |
| WY Weyerhaeuser Co. | 1.38% | 70,450 | $1.7M | Reduce -0.3% |
| GEL Genesis Energy L.P. | 1.22% | 85,232 | $1.5M | Reduce -8.7% |
| IDYA Ideaya Biosciences Inc. | 1.05% | 39,242 | $1.3M | Add +0.3% |
| JD Jd.com Inc.-ADR | 1.01% | 42,392 | $1.3M | Reduce -49.5% |
| NRIX Nurix Therapeutics Inc. | 1.00% | 80,200 | $1.2M | No change |
| RARE Ultragenyx Pharmaceutical Inc. | 0.95% | 56,638 | $1.2M | Add +0.7% |
| GPN Global Payments Inc. | 0.83% | 15,270 | $1.0M | Reduce -75.0% |
| ORGO Organogenesis Holdings Inc. | 0.80% | 420,091 | $996K | Reduce -1.0% |
| LYB Lyondellbasell Indu Class A | 0.68% | 10,442 | $841K | Reduce -87.1% |
| BCYC Bicycle Therapeutics PLC-ADR | 0.66% | 176,136 | $817K | Add +1.4% |
| XOM Exxon Mobil Corp. | 0.63% | 4,634 | $786K | Add +172.6% |
| NOMD Nomad Foods Ltd. | 0.62% | 80,300 | $772K | New |
| RVMD Revolution Medicines Inc. | 0.62% | 7,933 | $771K | No change |
| FPH Five Point Holdings LLC Class A | 0.55% | 141,707 | $686K | Add +13.3% |
| ASA ASA Gold and Precious Metals | 0.47% | 9,504 | $590K | No change |
| ET Energy Transfer LP | 0.42% | 27,000 | $521K | No change |
| PTCT PTC Therapeutics Inc. | 0.33% | 6,000 | $409K | No change |
| CMPS Compass Pathways PLC | 0.23% | 52,566 | $291K | Reduce -0.5% |
| CDZI Cadiz Inc. | 0.21% | 53,815 | $264K | No change |
| JNJ Johnson & Johnson | 0.17% | 872 | $213K | Reduce -10.3% |
| EIDO iShares MSCI Indonesia ETF | 0.13% | 10,000 | $158K | Reduce -86.7% |
| BWG Brandywineglobal Global Inco | 0.09% | 15,000 | $115K | Reduce -16.7% |
| IMSR Terrestrial Energy Inc. | 0.08% | 16,000 | $96K | New |
| EU Encore Energy Corp. | 0.08% | 52,292 | $94K | Reduce -65.7% |
| JRVR James River Group Holdings I | 0.07% | 14,200 | $89K | Reduce -97.4% |
| TWST Twist Bioscience Corp. | 0.06% | 1,600 | $76K | New |
| FWRD Forward Air Corp. | 0.04% | 3,000 | $50K | New |
| PINTEREST INC | 0.03% | 1,800 | $33K | New |
| URG Ur-Energy Inc. | 0.02% | 15,000 | $22K | New |
| KD Kyndryl Holdings Inc. | 0.01% | 1,000 | $13K | New |
| NXGL Nexgel Inc. | 0.01% | 20,000 | $13K | New |
| BABA Alibaba Group Holding-SP ADR | 0.01% | 100 | $13K | New |
| HUDSON PAC PPTYS INC | 0.01% | 1,429 | $8K | New |
| PCT Purecycle Technologies Inc. | 0.00% | 1,000 | $5K | New |
| SGML Sigma Lithium Corp. | 0.00% | 100 | $1K | New |
| ARVN Arvinas Inc. | 0.00% | 100 | $1K | New |
Portfolio Sells Q4 2025 → Q1 2026
| UNH Unitedhealth Group Inc. | Sold out | 0.00% | −2.85 |
| GPN Global Payments Inc. | Reduce -75.0% | 0.83% | −2.69 |
| UPS United Parcel Service Class B | Sold out | 0.00% | −2.55 |
| JRVR James River Group Holdings I | Reduce -97.4% | 0.07% | −2.48 |
| LYB Lyondellbasell Indu Class A | Reduce -87.1% | 0.68% | −1.92 |
| PPLI People Inc. | Reduce -48.7% | 1.65% | −1.25 |
| GPCR Structure Therapeutics Inc. | Reduce -26.1% | 1.40% | −1.12 |
| EIDO iShares MSCI Indonesia ETF | Reduce -86.7% | 0.13% | −0.92 |
| ORGO Organogenesis Holdings Inc. | Reduce -1.0% | 0.80% | −0.83 |
| JD Jd.com Inc.-ADR | Reduce -49.5% | 1.01% | −0.78 |
| WKC World Kinect Corp. | Sold out | 0.00% | −0.48 |
| VET Vermilion Energy Inc. | Reduce -52.3% | 1.53% | −0.26 |
| EU Encore Energy Corp. | Reduce -65.7% | 0.08% | −0.21 |
| CMPS Compass Pathways PLC | Reduce -0.5% | 0.23% | −0.04 |
| BWG Brandywineglobal Global Inco | Reduce -16.7% | 0.09% | −0.02 |
| CLIR Clearsign Technologies Corp. | Sold out | 0.00% | −0.01 |
| JNJ Johnson & Johnson | Reduce -10.3% | 0.17% | +0.02 |
| GEL Genesis Energy L.P. | Reduce -8.7% | 1.22% | +0.14 |
| WY Weyerhaeuser Co. | Reduce -0.3% | 1.38% | +0.14 |
| FOCL Edap TMS SA -ADR | Reduce -1.7% | 2.34% | +0.39 |
| BCE Bce Inc. | Reduce -2.3% | 3.99% | +0.43 |
| MUR Murphy Oil Corp. | Reduce -16.0% | 6.21% | +1.04 |
| GLD SPDR Gold Shares | Reduce -5.0% | 10.86% | +1.13 |
Portfolio Buys Q4 2025 → Q1 2026
| NXRT Nexpoint Residential | New | 3.26% | +3.26 |
| GPRK Geopark Ltd. | New | 2.70% | +2.70 |
| DRVN Driven Brands Holdings Inc. | Add +125.6% | 4.36% | +2.26 |
| EWZ iShares MSCI Brazil ETF | Add +0.9% | 4.19% | +1.02 |
| B Barrick Mining Corp. | Add +34.4% | 3.54% | +0.94 |
| NEM Newmont Corp. | Add +13.7% | 3.63% | +0.91 |
| RGLD Royal Gold Inc. | Add +6.4% | 3.76% | +0.91 |
| EIC Eagle Point Income Co.-USA Inc. | Add +33.4% | 4.58% | +0.74 |
| NOMD Nomad Foods Ltd. | New | 0.62% | +0.62 |
| XOM Exxon Mobil Corp. | Add +172.6% | 0.63% | +0.48 |
| SABA Saba Capital Income & Opp II | Add +5.9% | 2.00% | +0.27 |
| LMNR Limoneira Co. | Add +0.7% | 1.85% | +0.25 |
| DFAX Dimensional World Ex US Core | Add +1.9% | 1.87% | +0.24 |
| LODE Comstock Inc. | Add +22.4% | 2.09% | +0.15 |
| BRW Saba Capital Income & Opport | Add +2.5% | 2.20% | +0.14 |
| IMSR Terrestrial Energy Inc. | New | 0.08% | +0.08 |
| KSPI JSC Kaspi.kz ADR | Add +0.5% | 2.43% | +0.07 |
| TWST Twist Bioscience Corp. | New | 0.06% | +0.06 |
| ARE Alexandria Real Estate Equit | Add +0.1% | 2.15% | +0.06 |
| IDYA Ideaya Biosciences Inc. | Add +0.3% | 1.05% | +0.05 |
| FWRD Forward Air Corp. | New | 0.04% | +0.04 |
| FPH Five Point Holdings LLC Class A | Add +13.3% | 0.55% | +0.03 |
| PINTEREST INC | New | 0.03% | +0.03 |
| URG Ur-Energy Inc. | New | 0.02% | +0.02 |
| KD Kyndryl Holdings Inc. | New | 0.01% | +0.01 |
| NXGL Nexgel Inc. | New | 0.01% | +0.01 |
| BABA Alibaba Group Holding-SP ADR | New | 0.01% | +0.01 |
| HUDSON PAC PPTYS INC | New | 0.01% | +0.01 |
| PCT Purecycle Technologies Inc. | New | 0.00% | +0.00 |
| SGML Sigma Lithium Corp. | New | 0.00% | +0.00 |
| ARVN Arvinas Inc. | New | 0.00% | +0.00 |
| RARE Ultragenyx Pharmaceutical Inc. | Add +0.7% | 0.95% | −0.01 |
| ANGI Angi Inc. | Add +72.0% | 2.67% | −0.04 |
| COLD Americold Realty Trust Inc. | Add +0.1% | 3.28% | −0.12 |
| BCYC Bicycle Therapeutics PLC-ADR | Add +1.4% | 0.66% | −0.26 |
| QURE Uniqure NV | Add +3.8% | 2.00% | −0.61 |