Lagoda Investment Management, L.P.
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 14, 2026), Lagoda Investment Management, L.P. reported 25 stock positions worth $181.9 million. Its top holding was Texas Pacific Land (TPL) at 20.6% of the portfolio, followed by Natera (NTRA, 8.7%) and Taiwan Semiconductor-SP ADR (TSM, 7.2%). Compared with Q1 2026, it added to 14 and reduced 10. The biggest buy was Advanced Micro Devices (AMD, shares +55%) and the biggest sale Texas Pacific Land (TPL, shares −1%).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0001632108
- Portfolio Value
- $181.9M (Q2 2026)
- SEC Filing
- 0001493152-26-038315 ↗ filed Aug 14, 2026
Holdings Value
Holdings 25 stocks · $181.9M
| TPL Texas Pacific Land Corp. | 20.60% | 85,631 | $37.5M | Reduce -0.7% |
| NTRA Natera Inc. | 8.73% | 58,503 | $15.9M | Reduce -9.2% |
| TSM Taiwan Semiconductor-SP ADR | 7.23% | 27,520 | $13.1M | Add +0.4% |
| GOOG Alphabet Inc. Class C | 7.07% | 36,375 | $12.9M | Reduce -2.6% |
| AMD Advanced Micro Devices | 5.69% | 17,825 | $10.4M | Add +55.3% |
| ARM Arm Holdings PLC-ADR | 5.56% | 28,525 | $10.1M | Add +9.3% |
| DMRC Digimarc Corp. | 5.15% | 1,140,450 | $9.4M | Add +7.3% |
| XPO Xpo Inc. | 4.73% | 41,890 | $8.6M | Reduce -15.7% |
| STXS Stereotaxis Inc. | 3.90% | 4,122,600 | $7.1M | Reduce -5.2% |
| RNR Renaissancere Holdings Ltd. | 3.87% | 22,235 | $7.0M | Reduce -1.7% |
| GXO Gxo Logistics Inc. | 3.60% | 129,310 | $6.6M | Add +0.0% |
| TMDX Transmedics Group Inc. | 3.56% | 97,465 | $6.5M | Add +7.7% |
| GH Guardant Health Inc. | 3.08% | 37,365 | $5.6M | Add +2.6% |
| PTC PTC Inc. | 2.85% | 45,660 | $5.2M | Add +10.1% |
| SNPS Synopsys Inc. | 2.61% | 10,626 | $4.7M | Add +13.2% |
| UI Ubiquiti Inc. | 1.95% | 6,646 | $3.5M | Reduce -25.8% |
| QXO Qxo Inc. | 1.94% | 203,675 | $3.5M | Add +163.2% |
| PROF Profound Medical Corp. | 1.83% | 501,325 | $3.3M | Add +13.7% |
| MA Mastercard Inc. Class A | 1.34% | 4,735 | $2.4M | Reduce -6.7% |
| HEI Heico Corp. | 1.18% | 6,000 | $2.1M | Add +2.6% |
| VNRX Volitionrx Ltd. | 1.08% | 1,455,950 | $2.0M | Add +80.3% |
| TRUP Trupanion Inc. | 1.08% | 79,050 | $2.0M | Reduce -19.8% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.01% | 3,670 | $1.8M | No change |
| MSFT Microsoft Corp. | 0.22% | 1,075 | $401K | Reduce -2.3% |
| GLD SPDR Gold Shares | 0.14% | 700 | $258K | Add +16.7% |
Portfolio Sells Q1 2026 → Q2 2026
| TPL Texas Pacific Land Corp. | Reduce -0.7% | 20.60% | −4.63 |
| UI Ubiquiti Inc. | Reduce -25.8% | 1.95% | −2.41 |
| XPO Xpo Inc. | Reduce -15.7% | 4.73% | −1.23 |
| STXS Stereotaxis Inc. | Reduce -5.2% | 3.90% | −1.04 |
| TRUP Trupanion Inc. | Reduce -19.8% | 1.08% | −0.48 |
| RNR Renaissancere Holdings Ltd. | Reduce -1.7% | 3.87% | −0.27 |
| MA Mastercard Inc. Class A | Reduce -6.7% | 1.34% | −0.23 |
| MSFT Microsoft Corp. | Reduce -2.3% | 0.22% | −0.03 |
| GOOG Alphabet Inc. Class C | Reduce -2.6% | 7.07% | +0.46 |
| NTRA Natera Inc. | Reduce -9.2% | 8.73% | +0.78 |
Portfolio Buys Q1 2026 → Q2 2026
| AMD Advanced Micro Devices | Add +55.3% | 5.69% | +4.25 |
| ARM Arm Holdings PLC-ADR | Add +9.3% | 5.56% | +3.13 |
| DMRC Digimarc Corp. | Add +7.3% | 5.15% | +1.94 |
| TSM Taiwan Semiconductor-SP ADR | Add +0.4% | 7.23% | +1.51 |
| QXO Qxo Inc. | Add +163.2% | 1.94% | +1.01 |
| GH Guardant Health Inc. | Add +2.6% | 3.08% | +1.01 |
| SNPS Synopsys Inc. | Add +13.2% | 2.61% | +0.31 |
| HEI Heico Corp. | Add +2.6% | 1.18% | +0.19 |
| PROF Profound Medical Corp. | Add +13.7% | 1.83% | +0.07 |
| GLD SPDR Gold Shares | Add +16.7% | 0.14% | −0.02 |
| GXO Gxo Logistics Inc. | Add +0.0% | 3.60% | −0.53 |
| PTC PTC Inc. | Add +10.1% | 2.85% | −0.79 |
| VNRX Volitionrx Ltd. | Add +80.3% | 1.08% | −0.93 |
| TMDX Transmedics Group Inc. | Add +7.7% | 3.56% | −1.99 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 25 | $181.9M | TPL, NTRA, TSM, GOOG, AMD |
| Q1 2026 | 25 | $162.2M | TPL, NTRA, GOOG, XPO, TSM |
| Q4 2025 | 25 | $172.7M | TPL, NTRA, GOOG, TMDX, STXS |
| Q3 2025 | 23 | $176.7M | TPL, STXS, NTRA, TMDX, TRUP |
| Q2 2025 | 24 | $176.5M | TPL, TRUP, NTRA, TMDX, STXS |
| Q1 2025 | 33 | $157.0M | TPL, NTRA, TRUP, DMRC, PTC |
| Q4 2024 | 34 | $184.9M | TPL, DMRC, NTRA, TRUP, GOOG |
| Q3 2024 | 34 | $174.1M | TPL, DMRC, NTRA, TRUP, PTC |
| Q2 2024 | 40 | $173.8M | TPL, DMRC, NTRA, PTC, TMDX |
| Q1 2024 | 40 | $163.0M | TPL, DMRC, NTRA, PTC, XPO |