OpCo 13F-HR · quarter narrative
OpCo 13F-HR changes
How operating-company 13F-HR books shifted last quarter — strategic stakes, not hedge-fund “moves.” Soft language: new stake · weight up · weight down · still held · closed. Featured manager firehose stays on Activity. Latest books on OpCo 13F-HR.
OpCo 13F-HR changes·still held
10 shownnarrative
newest filed first · soft labels · open company or period
| ticker | narrative | company | Δ weight | detail | period |
|---|---|---|---|---|---|
| 7 Aug 2 | |||||
| Ethos | still held | Alphabet tech treasury | −0.98 pp | kept · 0.07% | Q1→Q2 |
| FIHL | still held | Travelers Companies insurance float | −0.15 pp | kept · 99.9% | Q1→Q2 |
| 6 Aug 1 | |||||
| TMO | still held | Cincinnati Financial insurance float | +0.05 pp | kept · 0.8% | Q1→Q2 |
| 6 Jul 4 | |||||
| MKC | still held | Old Republic International insurance float | +0.61 pp | kept · 1.2% | Q1→Q2 |
| CSCO | still held | Old Republic International insurance float | +0.32 pp | kept · 2.8% | Q1→Q2 |
| ITW | still held | Old Republic International insurance float | −0.28 pp | kept · 1.1% | Q1→Q2 |
| TXN | still held | Old Republic International insurance float | +0.09 pp | kept · 2.6% | Q1→Q2 |
| 12 May 3 | |||||
| VOO | still held | First American Financial insurance float | −0.91 pp | kept · 55.2% | 2025Q4→2026Q1 |
| Zura Bio | still held | Pfizer pharma | +0.47 pp | kept · 7.1% | 2025Q4→2026Q1 |
| Nextcure | still held | Pfizer pharma | −0.30 pp | kept · 0.6% | 2025Q4→2026Q1 |
OpCo 13F-HR narrative uses the same QoQ math as featured Activity, with softer labels. “Still held” = kept stake with <1 pp weight change. Featured New/Exit/Add/Reduce stays on Activity. Not investment advice.