Skip to content
Disclosery

Lagoda Investment Management, L.P.

Follow

13F filer, CIK 1632108, NEW YORK, NY

Lagoda Investment Management, L.P. reported $176,513,039 across 24 holdings for the quarter ended 2025-06-30, in a 13F-HR filed 2025-08-14. Its ten largest share positions make up 75.95% of the portfolio.

Filed (acceptance time not in the bulk data set), ingested 13F-HR 0001641172-25-024034

Period
2025-06-30
Reported value
$177M
Holdings
24
Top 10 weight
75.95%
New
1
Sold out
10

Largest buys vs the previous quarter

SecurityShares changeApprox. value
ARMnew+34,125$5.52M
VNRXadded+1,511,000$1.15M
MAadded+1,480$832K
DMRCadded+49,750$657K
STXSadded+307,450$652K

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Largest sells vs the previous quarter

SecurityShares changeApprox. value
GOOGreduced-12,767-$2.26M
NTRAreduced-9,050-$1.53M
RXOexited-78,620-$1.5M
ERIIexited-74,107-$1.18M
TSMreduced-3,597-$815K

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Holdings, Q2 2025

Share positions as resolved from 13F-HR 0001641172-25-024034, largest first. % of portfolio is the value over $176,513,039, the sum of the share positions whose value is usable for ratios (method).

SecurityHistorySharesValue% of portfolioChangeLatest eventTimeline
TPLTEXAS PACIFIC LAND CORPORATIQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 39,302 shares; 2024Q4: 34,293 shares; 2025Q1: 33,694 shares; 2025Q2: 33,787 shares 33,787$35.7M20.22%+93Timeline
TRUPTRUPANION INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 266,745 shares; 2024Q4: 263,920 shares; 2025Q1: 264,995 shares; 2025Q2: 262,845 shares 262,845$14.5M8.24%-2,150Timeline
NTRANATERA INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 114,135 shares; 2024Q4: 97,163 shares; 2025Q1: 93,300 shares; 2025Q2: 84,250 shares 84,250$14.2M8.06%-9,050Timeline
TMDXTRANSMEDICS GROUP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 63,305 shares; 2024Q4: 73,860 shares; 2025Q1: 101,810 shares; 2025Q2: 104,435 shares 104,435$14M7.93%+2,625Timeline
STXSSTEREOTAXIS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 3,830,435 shares; 2024Q4: 4,126,135 shares; 2025Q1: 4,380,450 shares; 2025Q2: 4,687,900 shares 4,687,900$9.94M5.63%+307,450Timeline
DMRCDIGIMARC CORP NEWQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 588,525 shares; 2024Q4: 628,275 shares; 2025Q1: 693,675 shares; 2025Q2: 743,425 shares 743,425$9.82M5.56%+49,750Timeline
XPOXPO INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 80,145 shares; 2024Q4: 76,825 shares; 2025Q1: 75,455 shares; 2025Q2: 76,625 shares 76,625$9.68M5.48%+1,170Timeline
PTCPTC INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 59,725 shares; 2024Q4: 55,980 shares; 2025Q1: 55,533 shares; 2025Q2: 53,970 shares 53,970$9.3M5.27%-1,563Timeline
VNRXVOLITIONRX LTDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 6,095,000 shares; 2024Q4: 7,576,000 shares; 2025Q1: 10,194,000 shares; 2025Q2: 11,705,000 shares 11,705,000$8.9M5.04%+1,511,000Timeline
UIUBIQUITI INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 25,917 shares; 2024Q4: 21,365 shares; 2025Q1: 20,790 shares; 2025Q2: 19,340 shares 19,340$7.96M4.51%-1,450Timeline
TSMTAIWAN SEMICONDUCTOR MANUFACQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 34,765 shares; 2024Q4: 35,637 shares; 2025Q1: 36,167 shares; 2025Q2: 32,570 shares 32,570$7.38M4.18%-3,597Timeline
GOOGALPHABET INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 51,310 shares; 2024Q4: 54,784 shares; 2025Q1: 54,277 shares; 2025Q2: 41,510 shares 41,510$7.36M4.17%-12,767Timeline
GXOGXO LOGISTICS INCORPORATEDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 134,505 shares; 2024Q4: 136,315 shares; 2025Q1: 140,140 shares; 2025Q2: 137,560 shares 137,560$6.7M3.8%-2,580Timeline
RNRRENAISSANCERE HLDGS LTDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 26,455 shares; 2024Q4: 25,000 shares; 2025Q1: 26,045 shares; 2025Q2: 26,900 shares 26,900$6.53M3.7%+855Timeline
ARMARM HOLDINGS PLCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 34,125 shares 34,125$5.52M3.13%newTimeline
MAMASTERCARD INCORPORATEDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 2,694 shares; 2024Q4: 3,954 shares; 2025Q1: 4,324 shares; 2025Q2: 5,804 shares 5,804$3.26M1.85%+1,480Timeline
HEIHEICO CORP NEWQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 4,885 shares; 2024Q4: 6,550 shares; 2025Q1: 5,830 shares; 2025Q2: 6,452 shares 6,452$2.12M1.2%+622Timeline
BRK-ABERKSHIRE HATHAWAY INC DELQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 2 shares; 2024Q4: 2 shares; 2025Q1: 2 shares; 2025Q2: 2 shares 2$1.46M0.83%0Timeline
BRK-BBERKSHIRE HATHAWAY INC DELQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 2,065 shares; 2024Q4: 2,065 shares; 2025Q1: 2,065 shares; 2025Q2: 1,890 shares 1,890$918K0.52%-175Timeline
MSFTMICROSOFT CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,275 shares; 2024Q4: 1,275 shares; 2025Q1: 1,275 shares; 2025Q2: 1,275 shares 1,275$634K0.36%0Timeline
GOOGLALPHABET INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,315 shares; 2024Q4: 1,480 shares; 2025Q1: 1,505 shares; 2025Q2: 1,505 shares 1,505$265K0.15%0Timeline
GLDSPDR GOLD TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 650 shares; 2024Q4: 650 shares; 2025Q1: 650 shares; 2025Q2: 700 shares 700$213K0.12%+50Timeline
RIVNRIVIAN AUTOMOTIVE INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 6,000 shares; 2024Q4: 4,000 shares; 2025Q1: 4,800 shares; 2025Q2: 5,000 shares 5,000$68.7K0.04%+200Timeline
ABTABBOTT LABORATORIESQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 160 shares; 2024Q4: 160 shares; 2025Q1: 160 shares; 2025Q2: 160 shares 160$21.8K0.01%0Timeline

Sold out in Q2 2025

Positions in the previous quarter's report that this quarter's report no longer lists.

SecurityShares beforeValue beforeType
RXORXO INC78,620$1.5Mshares
ERIIENERGY RECOVERY INC74,107$1.18Mshares
NVONOVO-NORDISK A S2,300$160Kshares
ENSTAR GROUP LIMITEDENSTAR GROUP LIMITED410$136Kshares
PSXPHILLIPS 66170$21Kshares
ETNEATON CORP PLC10$2.72Kshares
PWRQUANTA SVCS INC10$2.54Kshares
JOEST JOE CO45$2.11Kshares
CPAYCORPAY INC5$1.74Kshares
NENOBLE CORP PLC65$1.54Kshares

How Q2 2025 was built

Available 13F filings of this filer for the quarter and their roles: the base report is the latest original or restatement, NEW HOLDINGS amendments filed after it are added (method).

FilingRoleAmendmentFiledAcceptedIngested
13F-HR 0001641172-25-024034 base2025-08-14acceptance time not in the bulk data set