HCC Manager LLC

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 10, 2026), HCC Manager LLC reported 1 stock position worth $10.3 million. Its top holding was Fractyl Health (GUTS) at 100.0% of the portfolio. Compared with Q3 2025, it reduced 1. The biggest sale was Fractyl Health (GUTS, shares −0%).

Most Recent 13F
Q4 2025
Location
Chicago, IL
CIK
0001844818
Portfolio Value
$10.3M (Q4 2025)
SEC Filing
0001193125-26-043786 ↗ filed Feb 10, 2026

Holdings Value

0$50.0M$100.0M$150.0M$200.0M Q1 2024: $174.4M Q1 2024 Q2 2024: $174.9M Q2 2024 Q3 2024: $132.0M Q3 2024 Q4 2024: $158.4M Q4 2024 Q1 2025: $5.6M Q1 2025 Q2 2025: $7.6M Q2 2025 Q3 2025: $7.4M Q3 2025 Q4 2025: $10.3M $10.3M Q4 2025

Holdings 1 stocks · $10.3M
GUTS Fractyl Health Inc. 100.00% 4,673,870 $10.3M Reduce 0.0%

Portfolio Sells Q3 2025 → Q4 2025
GUTS Fractyl Health Inc. Reduce 0.0% 100.00% 0.00

Portfolio Buys Q3 2025 → Q4 2025
None this quarter.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q4 2025 1$10.3MGUTS
Q3 2025 1$7.4MGUTS
Q2 2025 1$7.6MGUTS
Q1 2025 1$5.6MGUTS
Q4 2024 2$158.4MNARI, GUTS
Q3 2024 2$132.0MNARI, GUTS
Q2 2024 2$174.9MNARI, GUTS
Q1 2024 2$174.4MNARI, GUTS