Q2 2026 13F · SEC CIK 1632108
Lagoda Investment Management, L.P.
Wealth managerFiled 2026-08-14 for Q2 2026. Open the filing ↗ · All SEC filings ↗
- Reported 13F value
- $181.9M
- Reported positions
- 25
- Top holdings a year, 3 yrs
- +11.8%
- Assets under management
- $312.6M
Lagoda Investment Management, L.P. is a wealth manager that reported 25 positions worth $181.9M in its Q2 2026 13F, filed 2026-08-14. Its largest holdings were Texas Pacific Land Corporati (TPL, 20.6%), Natera Inc (NTRA, 8.7%), Taiwan Semiconductor Manufac (TSM, 7.2%). A portfolio copying its top holdings returned 11.8% a year over the last 3 years, against 20.4% for the S&P 500.
Lagoda Investment Management, L.P. holdings all 25 positions.
Weights are shares of the filer's total reported 13F value, compared with Q1 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.
| Stock | % of 13F value | Share change | Reported value |
|---|---|---|---|
| TPLTexas Pacific Land Corporati | 20.6% | -0.7% | $37.5M |
| NTRANatera Inc | 8.7% | -9.2% | $15.9M |
| TSMTaiwan Semiconductor Manufac | 7.2% | +0.4% | $13.1M |
| GOOGAlphabet Inc | 7.1% | -2.6% | $12.9M |
| AMDAdvanced Micro Devices Inc | 5.7% | +55.3% | $10.4M |
| ARMArm Holdings PLC | 5.6% | +9.4% | $10.1M |
| DMRCDigimarc Corp | 5.2% | — | $9.4M |
| XPOXpo Inc | 4.7% | -15.7% | $8.6M |
| STXSStereotaxis Inc | 3.9% | -5.2% | $7.1M |
| RNRRenaissancere Holdings | 3.9% | -1.7% | $7.0M |
| GXOGxo Logistics Incorporated | 3.6% | +0.0% | $6.6M |
| TMDXTransmedics Group Inc | 3.6% | +7.7% | $6.5M |
| GHGuardant Health Inc | 3.1% | +2.6% | $5.6M |
| PTCPtc Inc | 2.9% | +10.1% | $5.2M |
| SNPSSynopsys Inc | 2.6% | +13.2% | $4.7M |
| UIUbiquiti Inc | 2.0% | -25.8% | $3.5M |
| QXOQxo Inc | 1.9% | +163.2% | $3.5M |
| PROFProfound Med Corp | 1.8% | +13.7% | $3.3M |
| MAMastercard Incorporated | 1.3% | -6.7% | $2.4M |
| HEIHeico Corp New | 1.2% | +2.6% | $2.1M |
| VNRXVolitionrx Ltd | 1.1% | — | $2.0M |
| TRUPTrupanion Inc | 1.1% | -19.8% | $2.0M |
| BRK-BBerkshire Hathaway Inc Del | 1.0% | +0.0% | $1.8M |
| MSFTMicrosoft Corp | 0.2% | -2.3% | $401K |
| GLDSpdr Gold Tr | 0.1% | +16.7% | $258K |
What Lagoda Investment Management, L.P. bought and sold in Q2 2026, against Q1 2026.
New positions
- DMRC Digimarc Corp5.2% of 13F
- VNRX Volitionrx Ltd1.1% of 13F
Added to
- QXO Qxo Inc+163.2% shares
- AMD Advanced Micro Devices Inc+55.3% shares
- GLD Spdr Gold Tr+16.7% shares
- PROF Profound Med Corp+13.7% shares
- SNPS Synopsys Inc+13.2% shares
- PTC Ptc Inc+10.1% shares
- ARM Arm Holdings PLC+9.4% shares
- TMDX Transmedics Group Inc+7.7% shares
Reduced
- UI Ubiquiti Inc-25.8% shares
- TRUP Trupanion Inc-19.8% shares
- XPO Xpo Inc-15.7% shares
- NTRA Natera Inc-9.2% shares
- MA Mastercard Incorporated-6.7% shares
- STXS Stereotaxis Inc-5.2% shares
Sold out
- DMRC Digimarc Corpwas 3.2%
- VNRX Volitionrx Ltdwas 2.0%
Share counts compared with the Q1 2026 13F; a split also changes share counts.
How the holdings did against the S&P 500.
- 1 year
- +10.4% /yr
- S&P 500 +20.1%
- 3 years
- +11.8% /yr
- S&P 500 +20.4%
- 5 years
- +5.5% /yr
- S&P 500 +11.6%
A portfolio of the filer's 20 largest 13F positions, weighted by value, bought the trading day after each 13F was filed and held until the next one was: what copying this filer could have earned. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.
Reported 13F value by quarter.
| Quarter | 13F value | Positions |
|---|---|---|
| Q2 2026 | $181.9M | 25 |
| Q1 2026 | $162.2M | 25 |
| Q4 2025 | $172.7M | 25 |
| Q3 2025 | $176.7M | 23 |
| Q2 2025 | $176.5M | 24 |
| Q1 2025 | $157.0M | 33 |
| Q4 2024 | $184.9M | 34 |
| Q3 2024 | $174.1M | 34 |
| Q2 2024 | $173.8M | 40 |
| Q1 2024 | $163.0M | 40 |
| Q4 2023 | $146.9M | 39 |
| Q3 2023 | $152.2M | 42 |
Questions about Lagoda Investment Management, L.P.'s portfolio
What stocks does Lagoda Investment Management, L.P. own?
Lagoda Investment Management, L.P.'s latest 13F, for Q2 2026 and filed Aug 14, 2026, lists 25 positions worth $181.9M. The largest are Texas Pacific Land Corporati (TPL) at 20.6%, Natera Inc (NTRA) at 8.7%, Taiwan Semiconductor Manufac (TSM) at 7.2%, Alphabet Inc (GOOG) at 7.1% and Advanced Micro Devices Inc (AMD) at 5.7%.
What did Lagoda Investment Management, L.P. buy last quarter?
In Q2 2026, Lagoda Investment Management, L.P. added a new position in Digimarc Corp (DMRC), a new position in Volitionrx Ltd (VNRX), Qxo Inc (QXO) (+163.2% shares), Advanced Micro Devices Inc (AMD) (+55.3% shares) and Spdr Gold Tr (GLD) (+16.7% shares), compared with its Q1 2026 filing.
What did Lagoda Investment Management, L.P. sell last quarter?
In Q2 2026, Lagoda Investment Management, L.P. sold all of Digimarc Corp (DMRC), sold all of Volitionrx Ltd (VNRX), Ubiquiti Inc (UI) (-25.8% shares), Trupanion Inc (TRUP) (-19.8% shares) and Xpo Inc (XPO) (-15.7% shares), compared with its Q1 2026 filing.
How has Lagoda Investment Management, L.P.'s portfolio performed?
A portfolio copying Lagoda Investment Management, L.P.'s 20 largest 13F holdings each quarter, from the day each filing was public, returned +11.8% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: +10.4% against +20.1%. Over 5 years: +5.5% a year against +11.6%.
When is Lagoda Investment Management, L.P.'s next 13F filing due?
13F filings are due 45 days after each quarter ends. Lagoda Investment Management, L.P.'s filing for the quarter ending Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.
How much money does Lagoda Investment Management, L.P. manage?
Lagoda Investment Management, L.P. reported $312.6M of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $181.9M.