Monashee Investment Management LLC
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 12, 2024), Monashee Investment Management LLC reported 103 stock positions worth $903.5 million. Its top holding was iShares Core S&P 500 ETF (IVV) at 17.1% of the portfolio, followed by Vanguard S&P 500 ETF (VOO, 17.0%) and Vanguard Ftse Developed ETF (VEA, 9.9%). Compared with Q2 2024, it opened 64 new positions, sold out of 33, added to 11 and reduced 17. The biggest buy was a new position in Casella Waste Systems Class A (CWST) and the biggest sale an exit from Birkenstock (BIRK).
- Most Recent 13F
- Q2 2026
- Location
- Boston, MA
- CIK
- 0001627608
- Portfolio Value
- $903.5M (Q3 2024)
- SEC Filing
- 0001172661-24-004571 ↗ filed Nov 12, 2024
Holdings Value
Holdings 103 stocks · $903.5M
| IVV iShares Core S&P 500 ETF | 17.08% | 267,610 | $154.4M | No change |
| VOO Vanguard S&P 500 ETF | 17.03% | 291,610 | $153.9M | No change |
| VEA Vanguard Ftse Developed ETF | 9.92% | 1,697,600 | $89.7M | Reduce -0.3% |
| IEFA iShares Core MSCI Eafe ETF | 7.52% | 870,580 | $67.9M | Reduce -0.4% |
| VWO Vanguard Ftse Emerging Marke | 5.65% | 1,066,560 | $51.0M | Add +0.8% |
| IEMG iShares Core MSCI Emerging | 4.86% | 764,100 | $43.9M | Add +1.1% |
| ITOT iShares Core S&P Total U.S. | 2.94% | 211,260 | $26.5M | No change |
| VTI VG Morningstar TS MKT ETF-US | 2.94% | 93,660 | $26.5M | No change |
| CWST Casella Waste Systems Inc. Class A | 1.49% | 135,000 | $13.4M | New |
| AER Aercap Holdings NV | 1.26% | 120,000 | $11.4M | No change |
| VIK Viking Holdings Ltd. | 1.24% | 320,000 | $11.2M | Add +82.9% |
| AHR American Healthcare REIT Inc. | 1.08% | 375,000 | $9.8M | Reduce -2.6% |
| LINE Lineage Inc. | 1.04% | 120,000 | $9.4M | New |
| SOC Sable Offshore Corp. | 0.92% | 350,000 | $8.3M | New |
| NEM Newmont Corp. | 0.89% | 150,000 | $8.0M | New |
| GPCR Structure Therapeutics Inc. | 0.78% | 159,608 | $7.0M | Add +219.2% |
| GEHC GE Healthcare Technology | 0.73% | 70,000 | $6.6M | New |
| GEV GE Vernova Inc. | 0.71% | 25,000 | $6.4M | New |
| BDSX Biodesix Inc. | 0.69% | 3,500,879 | $6.2M | Add +7.4% |
| ULS Ul Solutions Inc. Class A | 0.65% | 118,543 | $5.8M | Add +137.2% |
| GTES Gates Industrial Corp. UK Ltd. | 0.60% | 310,000 | $5.4M | Reduce -20.5% |
| PACS Pacs Group Inc. | 0.60% | 135,000 | $5.4M | New |
| PLTR Palantir Technologies Inc. Class A | 0.54% | 130,000 | $4.8M | New |
| PCVX Vaxcyte Inc. | 0.51% | 40,000 | $4.6M | New |
| ARDT Ardent Health Inc. | 0.50% | 244,089 | $4.5M | New |
| MSTR Strategy Inc. filed as MICROSTRATEGY INC | 0.49% | 26,500 | $4.5M | New |
| CDTX Cidara Therapeutics Inc. | 0.44% | 369,099 | $4.0M | No change |
| HESM Hess Midstream LP Class A | 0.43% | 110,000 | $3.9M | New |
| CRBG Corebridge Financial Inc. | 0.43% | 131,722 | $3.8M | Reduce -50.9% |
| HEI Heico Corp. | 0.41% | 14,000 | $3.7M | New |
| PWP Perella Weinberg Partners | 0.40% | 185,981 | $3.6M | Reduce -19.9% |
| NUVL Nuvalent Inc. Class A | 0.40% | 35,000 | $3.6M | New |
| TCOM Trip.com Group Ltd.-ADR | 0.39% | 60,000 | $3.6M | New |
| VSEC Vse Corp. | 0.39% | 42,682 | $3.5M | Add +4.4% |
| ROIV Roivant Sciences Ltd. | 0.39% | 303,575 | $3.5M | No change |
| PKX Posco Holdings Inc. -Spon ADR | 0.39% | 50,000 | $3.5M | New |
| WAY Waystar Holding Corp. | 0.39% | 125,000 | $3.5M | Reduce -37.5% |
| SLDB Solid Biosciences Inc. | 0.37% | 485,000 | $3.4M | Add +7.8% |
| TBBB BBB Foods Inc. Class A | 0.37% | 110,000 | $3.3M | Reduce -33.3% |
| KGS Kodiak Gas Services Inc. | 0.36% | 112,683 | $3.3M | New |
| ALKT Alkami Technology Inc. | 0.35% | 100,000 | $3.2M | Reduce -13.0% |
| CAVA Cava Group Inc. | 0.34% | 25,000 | $3.1M | New |
| TPG TPG Inc. | 0.34% | 53,618 | $3.1M | New |
| ZETA Zeta Global Holdings Corp. Class A | 0.33% | 101,000 | $3.0M | New |
| LTM Latam Airlines Group SA-ADR | 0.33% | 112,933 | $3.0M | New |
| HUMA Humacyte Inc. | 0.32% | 535,000 | $2.9M | Add +91.1% |
| VNOM Viper Energy Inc. | 0.30% | 60,000 | $2.7M | New |
| CNTA Centessa Pharmaceuticals Ltd. | 0.29% | 161,293 | $2.6M | Add +56.3% |
| ZBIO Zenas Biopharma Inc. | 0.28% | 150,000 | $2.5M | New |
| MLTX Moonlake Immunotherapeutics | 0.28% | 50,000 | $2.5M | No change |
| GRDN Guardian Phrmcy Services-A | 0.28% | 150,000 | $2.5M | New |
| FUN Six Flags Entertainment Corp. | 0.27% | 60,000 | $2.4M | New |
| HLI Houlihan Lokey Inc. | 0.26% | 15,000 | $2.4M | New |
| AUR Aurora Innovation Inc. | 0.26% | 400,000 | $2.4M | New |
| RLAY Relay Therapeutics Inc. | 0.25% | 320,000 | $2.3M | New |
| CON Concentra Group Holdings Par | 0.25% | 100,496 | $2.2M | New |
| IBTA Ibotta Inc. Class A | 0.24% | 35,284 | $2.2M | New |
| WVE Wave Life Sciences Ltd. | 0.24% | 260,000 | $2.1M | New |
| MDXH Mdxhealth | 0.23% | 1,000,000 | $2.1M | New |
| LTH Life Time Group Holdings Inc. | 0.23% | 85,000 | $2.1M | New |
| MC Moelis & Co. Class A | 0.23% | 30,000 | $2.1M | New |
| RITM Rithm Capital Corp. | 0.23% | 180,000 | $2.0M | New |
| RNAM Avidity Biosciences Inc. | 0.22% | 44,000 | $2.0M | Reduce -12.0% |
| EWTX Edgewise Therapeutics Inc. | 0.22% | 75,000 | $2.0M | New |
| BIOA Bioage Labs Inc. | 0.22% | 95,000 | $2.0M | New |
| GPGI Gpgi Inc. filed as COMPOSECURE INC | 0.22% | 140,000 | $2.0M | Reduce -54.8% |
| AROC Archrock Inc. | 0.21% | 95,000 | $1.9M | New |
| MGTX Meiragtx Holdings PLC | 0.21% | 450,492 | $1.9M | New |
| HPE Hewlett Packard Enterprise | 0.20% | 90,000 | $1.8M | New |
| BKV BKV Corporation | 0.20% | 100,000 | $1.8M | New |
| REVG Rev Group Inc. | 0.20% | 65,000 | $1.8M | No change |
| ACHR Archer Aviation Inc. Class A | 0.20% | 600,000 | $1.8M | New |
| XNCR Xencor Inc. | 0.18% | 80,000 | $1.6M | New |
| IVT Inventrust Properties Corp. | 0.17% | 55,000 | $1.6M | New |
| IRT Independence Realty Trust Inc. | 0.17% | 75,000 | $1.5M | New |
| ASND Ascendis Pharma A/S | 0.17% | 10,000 | $1.5M | New |
| SCPH Scpharmaceuticals Inc. | 0.16% | 319,795 | $1.5M | New |
| CRGY Crescent Energy Inc. Class A | 0.16% | 130,000 | $1.4M | Reduce -31.6% |
| HE Hawaiian Electric Inds | 0.16% | 145,000 | $1.4M | New |
| TWFG TWFG Inc. | 0.15% | 51,277 | $1.4M | New |
| MLNK Meridianlink Inc. | 0.15% | 65,000 | $1.3M | New |
| CHWY Chewy Inc. Class A | 0.15% | 45,000 | $1.3M | New |
| MBX MBX Biosciences Inc. | 0.14% | 50,000 | $1.3M | New |
| NHI Natl Health Investors Inc. filed as NATIONAL HEALTH INVS INC | 0.14% | 15,000 | $1.3M | New |
| JD Jd.com Inc.-ADR | 0.13% | 30,000 | $1.2M | New |
| CLYM Climb Bio Inc. filed as ELIEM THERAPEUTICS INC | 0.13% | 230,000 | $1.2M | New |
| SNOW Snowflake Inc. | 0.13% | 10,000 | $1.1M | New |
| IDYA Ideaya Biosciences Inc. | 0.12% | 35,000 | $1.1M | New |
| PSBD Palmer Square Capital BDC Inc. | 0.12% | 65,400 | $1.1M | Reduce -18.2% |
| PGY Pagaya Technologies Ltd. Class A | 0.12% | 100,000 | $1.1M | New |
| ZVRA Zevra Therapeutics Inc. | 0.12% | 150,000 | $1.0M | New |
| ALGM Allegro Microsystems Inc. | 0.10% | 40,000 | $932K | New |
| CMPX Compass Therapeutics Inc. | 0.10% | 500,000 | $920K | No change |
| MSDL Morgan Stanley Direct Lendin | 0.10% | 44,956 | $889K | Reduce -27.9% |
| GOSS Gossamer Bio Inc. | 0.09% | 859,854 | $848K | No change |
| IONS Ionis Pharmaceuticals Inc. | 0.09% | 20,000 | $801K | New |
| CSW CSW Industrials Inc. | 0.08% | 2,000 | $733K | New |
| URGN Urogen Pharma Ltd. | 0.08% | 55,000 | $699K | Add +35.8% |
| FSM Fortuna Mining Corp. | 0.08% | 150,000 | $695K | Reduce -25.0% |
| SVCO Silvaco Group Inc. | 0.05% | 34,580 | $494K | Reduce -39.4% |
Other holdings (7): bonds, preferreds, convertibles and warrants · $20.0M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| HP ENTERPRISE CO (HPE 7.625 09/01/27) | 7.625 MAND CONV | 125,000 | $7.6M | New |
| NEXTERA ENERGY INC (NEE 7.299 06/01/27) | UNIT 06/01/2027 | 85,000 | $4.7M | Add +325.0% |
| WAYFAIR INC (W 3.25 09/15/27) | NOTE 3.250% 9/1 · principal | 2,500,000 | $3.0M | New |
| SPOTIFY USA INC (SPOT 0 03/15/26) | NOTE 3/1 · principal | 3,000,000 | $3.0M | New |
| SOUTHWEST AIRLINES CO (LUV 1.25 05/01/25) | NOTE 1.250% 5/0 · principal | 1,500,000 | $1.5M | New |
| NAMSW Newamsterdam Pharma Co. NV-27 | *W EXP 99/99/999 | 31,189 | $218K | New |
| SRZNW Surrozen Inc.-CW25 | *W EXP 08/01/203 | 82,986 | $855 | New |
Total filed on the 13F, all lines: $923.5M.
Portfolio Sells Q2 2024 → Q3 2024
| BIRK Birkenstock Holding PLC | Sold out | 0.00% | −1.42 |
| ARES Ares Management Corp. Class A | Sold out | 0.00% | −1.30 |
| DELL Dell Technologies -C | Sold out | 0.00% | −1.08 |
| VEA Vanguard Ftse Developed ETF | Reduce -0.3% | 9.92% | −1.05 |
| AMD Advanced Micro Devices | Sold out | 0.00% | −0.95 |
| KVUE Kenvue Inc. | Sold out | 0.00% | −0.90 |
| IEFA iShares Core MSCI Eafe ETF | Reduce -0.4% | 7.52% | −0.76 |
| SIX Six Flags Entertainment Corp. | Sold out | 0.00% | −0.69 |
| CRBG Corebridge Financial Inc. | Reduce -50.9% | 0.43% | −0.59 |
| ALIT Alight Inc. Class A | Sold out | 0.00% | −0.56 |
| RARE Ultragenyx Pharmaceutical Inc. | Sold out | 0.00% | −0.54 |
| SMCI Super Micro Computer Inc. | Sold out | 0.00% | −0.48 |
| TEM Tempus AI Inc. Class A | Sold out | 0.00% | −0.47 |
| GFS Globalfoundries Inc. | Sold out | 0.00% | −0.43 |
| DYN Dyne Therapeutics Inc. | Sold out | 0.00% | −0.39 |
| DAWN Day One Biopharmaceuticals I | Sold out | 0.00% | −0.36 |
| LB Landbridge Co. LLC-A | Sold out | 0.00% | −0.30 |
| RXRX Recursion Pharmaceuticals-A | Sold out | 0.00% | −0.28 |
| PTON Peloton Interactive Inc. Class A | Sold out | 0.00% | −0.24 |
| NVDA Nvidia Corp. | Sold out | 0.00% | −0.24 |
| GTES Gates Industrial Corp. UK Ltd. | Reduce -20.5% | 0.60% | −0.20 |
| LPG Dorian LPG Ltd. | Sold out | 0.00% | −0.18 |
| WAY Waystar Holding Corp. | Reduce -37.5% | 0.39% | −0.18 |
| PCRX Pacira Biosciences Inc. | Sold out | 0.00% | −0.15 |
| TBBB BBB Foods Inc. Class A | Reduce -33.3% | 0.37% | −0.15 |
| RZLT Rezolute Inc. | Sold out | 0.00% | −0.14 |
| JILL J. Jill Inc. | Sold out | 0.00% | −0.14 |
| CRGY Crescent Energy Inc. Class A | Reduce -31.6% | 0.16% | −0.14 |
| SEDG Solaredge Technologies Inc. | Sold out | 0.00% | −0.13 |
| PLGO Pelagos Insurance Capital LT | Sold out | 0.00% | −0.13 |
| AMCX AMC Global Media Inc. | Sold out | 0.00% | −0.13 |
| RAPP Rapport Therapeutics Inc. | Sold out | 0.00% | −0.12 |
| BE Bloom Energy Corp. Class A | Sold out | 0.00% | −0.12 |
| CCC CCC Intelligent Solutions Ho | Sold out | 0.00% | −0.11 |
| LFST Lifestance Health Group Inc. | Sold out | 0.00% | −0.10 |
| ANNX Annexon Inc. | Sold out | 0.00% | −0.10 |
| PWP Perella Weinberg Partners | Reduce -19.9% | 0.40% | −0.09 |
| KBDC Kayne Anderson BDC Inc. | Sold out | 0.00% | −0.09 |
| MSDL Morgan Stanley Direct Lendin | Reduce -27.9% | 0.10% | −0.08 |
| SVCO Silvaco Group Inc. | Reduce -39.4% | 0.05% | −0.08 |
| ALKT Alkami Technology Inc. | Reduce -13.0% | 0.35% | −0.08 |
| PAL Proficient Auto Logistics Inc. | Sold out | 0.00% | −0.07 |
| UNICYCIVE THERAPEUTICS INC | Sold out | 0.00% | −0.07 |
| GPGI Gpgi Inc. | Reduce -54.8% | 0.22% | −0.06 |
| FSM Fortuna Mining Corp. | Reduce -25.0% | 0.08% | −0.05 |
| PSBD Palmer Square Capital BDC Inc. | Reduce -18.2% | 0.12% | −0.05 |
| WBTN Webtoon Entertainment Inc. | Sold out | 0.00% | −0.04 |
| RNAM Avidity Biosciences Inc. | Reduce -12.0% | 0.22% | −0.04 |
| RGLS Regulus Therapeutics Inc. | Reduce -25.4% | 0.03% | −0.02 |
| AHR American Healthcare REIT Inc. | Reduce -2.6% | 1.08% | +0.35 |
Portfolio Buys Q2 2024 → Q3 2024
| CWST Casella Waste Systems Inc. Class A | New | 1.49% | +1.49 |
| LINE Lineage Inc. | New | 1.04% | +1.04 |
| SOC Sable Offshore Corp. | New | 0.92% | +0.92 |
| NEM Newmont Corp. | New | 0.89% | +0.89 |
| GEHC GE Healthcare Technology | New | 0.73% | +0.73 |
| GEV GE Vernova Inc. | New | 0.71% | +0.71 |
| PACS Pacs Group Inc. | New | 0.60% | +0.60 |
| PLTR Palantir Technologies Inc. Class A | New | 0.54% | +0.54 |
| GPCR Structure Therapeutics Inc. | Add +219.2% | 0.78% | +0.52 |
| PCVX Vaxcyte Inc. | New | 0.51% | +0.51 |
| ARDT Ardent Health Inc. | New | 0.50% | +0.50 |
| MSTR Strategy Inc. | New | 0.49% | +0.49 |
| VIK Viking Holdings Ltd. | Add +82.9% | 1.24% | +0.46 |
| HESM Hess Midstream LP Class A | New | 0.43% | +0.43 |
| HEI Heico Corp. | New | 0.41% | +0.41 |
| NUVL Nuvalent Inc. Class A | New | 0.40% | +0.40 |
| TCOM Trip.com Group Ltd.-ADR | New | 0.39% | +0.39 |
| PKX Posco Holdings Inc. -Spon ADR | New | 0.39% | +0.39 |
| ULS Ul Solutions Inc. Class A | Add +137.2% | 0.65% | +0.37 |
| KGS Kodiak Gas Services Inc. | New | 0.36% | +0.36 |
| CAVA Cava Group Inc. | New | 0.34% | +0.34 |
| TPG TPG Inc. | New | 0.34% | +0.34 |
| ZETA Zeta Global Holdings Corp. Class A | New | 0.33% | +0.33 |
| LTM Latam Airlines Group SA-ADR | New | 0.33% | +0.33 |
| VNOM Viper Energy Inc. | New | 0.30% | +0.30 |
| ZBIO Zenas Biopharma Inc. | New | 0.28% | +0.28 |
| GRDN Guardian Phrmcy Services-A | New | 0.28% | +0.28 |
| FUN Six Flags Entertainment Corp. | New | 0.27% | +0.27 |
| HLI Houlihan Lokey Inc. | New | 0.26% | +0.26 |
| AUR Aurora Innovation Inc. | New | 0.26% | +0.26 |
| RLAY Relay Therapeutics Inc. | New | 0.25% | +0.25 |
| CON Concentra Group Holdings Par | New | 0.25% | +0.25 |
| IBTA Ibotta Inc. Class A | New | 0.24% | +0.24 |
| WVE Wave Life Sciences Ltd. | New | 0.24% | +0.24 |
| MDXH Mdxhealth | New | 0.23% | +0.23 |
| LTH Life Time Group Holdings Inc. | New | 0.23% | +0.23 |
| MC Moelis & Co. Class A | New | 0.23% | +0.23 |
| RITM Rithm Capital Corp. | New | 0.23% | +0.23 |
| EWTX Edgewise Therapeutics Inc. | New | 0.22% | +0.22 |
| BIOA Bioage Labs Inc. | New | 0.22% | +0.22 |
| AROC Archrock Inc. | New | 0.21% | +0.21 |
| MGTX Meiragtx Holdings PLC | New | 0.21% | +0.21 |
| HPE Hewlett Packard Enterprise | New | 0.20% | +0.20 |
| BKV BKV Corporation | New | 0.20% | +0.20 |
| ACHR Archer Aviation Inc. Class A | New | 0.20% | +0.20 |
| XNCR Xencor Inc. | New | 0.18% | +0.18 |
| IVT Inventrust Properties Corp. | New | 0.17% | +0.17 |
| IRT Independence Realty Trust Inc. | New | 0.17% | +0.17 |
| ASND Ascendis Pharma A/S | New | 0.17% | +0.17 |
| CNTA Centessa Pharmaceuticals Ltd. | Add +56.3% | 0.29% | +0.16 |
Notes & Other Activity Q2 2024 → Q3 2024
| HP ENTERPRISE CO (HPE 7.625 09/01/27) | 7.625 MAND CONV | New | 125,000 | $7.6M |
| NEXTERA ENERGY INC (NEE 7.299 06/01/27) | UNIT 06/01/2027 | Add +325.0% | 85,000 | $4.7M |
| NEXTERA ENERGY INC (NEE 6.926 09/01/25) | UNIT 09/01/2025 | Sold out | 100,000 | $4.1Mbefore exit |
| WAYFAIR INC (W 3.25 09/15/27) | NOTE 3.250% 9/1 · principal | New | 2,500,000 | $3.0M |
| SPOTIFY USA INC (SPOT 0 03/15/26) | NOTE 3/1 · principal | New | 3,000,000 | $3.0M |
| DIGITALOCEAN HOLDINGS (DOCN 0 12/01/26) | NOTE 12/0 · principal | Sold out | 2,000,000 | $1.7Mbefore exit |
| SOUTHWEST AIRLINES CO (LUV 1.25 05/01/25) | NOTE 1.250% 5/0 · principal | New | 1,500,000 | $1.5M |
| NAMSW Newamsterdam Pharma Co. NV-27 | *W EXP 99/99/999 | New | 31,189 | $218K |
| SRZNW Surrozen Inc.-CW25 | *W EXP 08/01/203 | New | 82,986 | $855 |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 17 | $41.4M | SLDB, DLR, SYRE, ADT, TNGX |
| Q1 2026 | 41 | $154.8M | TERN, MDLN, NRG, FPS, SLDB |
| Q4 2025 | 37 | $169.3M | GPCR, MDLN, SOFI, ULS, INSM |
| Q3 2025 | 58 | $194.0M | BBIO, FWDI, WYFI, FIGR, NTSK |
| Q2 2025 | 36 | $181.8M | LLY, CORZ, KTOS, BBIO, SLDB |
| Q1 2025 | 41 | $826.9M | IVV, VOO, VEA, IEFA, VWO |
| Q4 2024 | 34 | $719.5M | IVV, VOO, VEA, IEFA, VWO |
| Q3 2024 | 103 | $903.5M | IVV, VOO, VEA, IEFA, VWO |
| Q2 2024 | 72 | $766.6M | IVV, VOO, VEA, IEFA, VWO |
| Q1 2024 | 99 | $835.9M | IVV, VOO, VEA, IEFA, VWO |