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.
narrative
newest filed first · soft labels · open company or period
| ticker | narrative | company | Δ weight | detail | period |
|---|---|---|---|---|---|
| 7 Aug 17 | |||||
| STRO | new stake | Merck & Co pharma | +1.72% | opened 1.7% | Q1→Q2 |
| ABBV | new stake | Fidelity National Financial insurance float | +0.72% | opened 0.72% | Q1→Q2 |
| Evaxion Biotech | new stake | Merck & Co pharma | +0.71% | opened 0.71% | Q1→Q2 |
| GPC | new stake | Fidelity National Financial insurance float | +0.71% | opened 0.71% | Q1→Q2 |
| V | new stake | Fidelity National Financial insurance float | +0.68% | opened 0.68% | Q1→Q2 |
| KMB | new stake | Fidelity National Financial insurance float | +0.67% | opened 0.67% | Q1→Q2 |
| ITW | new stake | Fidelity National Financial insurance float | +0.65% | opened 0.65% | Q1→Q2 |
| METC | new stake | Travelers Companies insurance float | +0.15% | opened 0.15% | Q1→Q2 |
| PBLS | new stake | Alphabet tech treasury | +0.14% | opened 0.14% | Q1→Q2 |
| FRVO | new stake | Alphabet tech treasury | +0.05% | opened 0.05% | Q1→Q2 |
| TRDA | closed | Merck & Co pharma | −6.28% | was 6.3% | Q1→Q2 |
| Sutro Biopharma | closed | Merck & Co pharma | −1.94% | was 1.9% | Q1→Q2 |
| Evaxion Biotech | closed | Merck & Co pharma | −1.29% | was 1.3% | Q1→Q2 |
| Tenaya Therapeutics | closed | Alphabet tech treasury | −0.02% | was 0.02% | Q1→Q2 |
| RVMD | weight down | Alphabet tech treasury | −7.42% | −10.5% sh | Q1→Q2 |
| LIFE | still held | Alphabet tech treasury | −0.98% | kept · 0.07% | Q1→Q2 |
| FIHL | still held | Travelers Companies insurance float | −0.15% | kept · 99.9% | Q1→Q2 |
| 6 Aug 12 | |||||
| XE | new stake | Amazon.com tech treasury | +27.33% | opened 27.3% | Q1→Q2 |
| HON | new stake | Cincinnati Financial insurance float | +1.79% | opened 1.8% | Q1→Q2 |
| HON | new stake | Cincinnati Financial insurance float | +1.77% | opened 1.8% | Q1→Q2 |
| CBRS | new stake | Johnson & Johnson pharma | +1.48% | opened 1.5% | Q1→Q2 |
| ALLE | new stake | Amazon.com tech treasury | +0.40% | opened 0.40% | Q1→Q2 |
| XYL | new stake | Cincinnati Financial insurance float | +0.28% | opened 0.28% | Q1→Q2 |
| HON | closed | Cincinnati Financial insurance float | −3.81% | was 3.8% | Q1→Q2 |
| LRCX | closed | Cincinnati Financial insurance float | −0.64% | was 0.64% | Q1→Q2 |
| Nautilus Biotechnology | closed | Amazon.com tech treasury | −0.21% | was 0.21% | Q1→Q2 |
| RLYB | closed | Johnson & Johnson pharma | −0.21% | was 0.21% | Q1→Q2 |
| Nano-X Imaging | closed | Johnson & Johnson pharma | −0.03% | was 0.03% | Q1→Q2 |
| TMO | still held | Cincinnati Financial insurance float | +0.05% | kept · 0.82% | Q1→Q2 |
| 3 Aug 3 | |||||
| ACLXGBX | closed | Gilead Sciences pharma | −36.44% | was 36.4% | Q1→Q2 |
| ASMB | weight up | Gilead Sciences pharma | +2.39% | +10.5% sh | Q1→Q2 |
| VOO | weight down | Globe Life insurance float | +1.25% | −2.3% sh | Q1→Q2 |
| 13 Jul 4 | |||||
| SPCX | new stake | Cisco Systems tech treasury | +10.01% | opened 10.0% | Q1→Q2 |
| Navan | new stake | Cisco Systems tech treasury | +0.12% | opened 0.12% | Q1→Q2 |
| RBRK | new stake | Cisco Systems tech treasury | +0.05% | opened 0.05% | Q1→Q2 |
| ITOT | weight down | Cisco Systems tech treasury | −9.05% | −5.5% sh | Q1→Q2 |
| 6 Jul 4 | |||||
| HD | new stake | Old Republic International insurance float | +0.44% | opened 0.44% | Q1→Q2 |
| MKC | still held | Old Republic International insurance float | +0.61% | kept · 1.2% | Q1→Q2 |
| CSCO | still held | Old Republic International insurance float | +0.32% | kept · 2.8% | Q1→Q2 |
| ITW | still held | Old Republic International insurance float | −0.28% | kept · 1.1% | Q1→Q2 |
OpCo 13F-HR narrative uses the same QoQ math as featured Activity, with softer labels. “Still held” = kept stake with <1% weight change. Featured New/Exit/Add/Reduce stays on Activity. Not investment advice.