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
35 shownnarrative
newest filed first · soft labels · open company or period
| ticker | narrative | company | Δ weight | detail | period |
|---|---|---|---|---|---|
| 7 Aug 20 | |||||
| SPCX | new stake | Alphabet tech treasury | +95.05 pp | opened 95.1% | Q1→Q2 |
| Aevex | new stake | Fidelity National Financial insurance float | +3.92 pp | opened 3.9% | Q1→Q2 |
| Entrada Therapeutics | new stake | Merck & Co. pharma | +2.43 pp | opened 2.4% | Q1→Q2 |
| Sutro Biopharma | new stake | Merck & Co. pharma | +1.72 pp | opened 1.7% | Q1→Q2 |
| ABBV | new stake | Fidelity National Financial insurance float | +0.72 pp | opened 0.7% | Q1→Q2 |
| Evaxion Biotech | new stake | Merck & Co. pharma | +0.71 pp | opened 0.7% | Q1→Q2 |
| GPC | new stake | Fidelity National Financial insurance float | +0.71 pp | opened 0.7% | Q1→Q2 |
| V | new stake | Fidelity National Financial insurance float | +0.68 pp | opened 0.7% | Q1→Q2 |
| KMB | new stake | Fidelity National Financial insurance float | +0.67 pp | opened 0.7% | Q1→Q2 |
| ITW | new stake | Fidelity National Financial insurance float | +0.65 pp | opened 0.7% | Q1→Q2 |
| Ramaco Resources | new stake | Travelers Companies insurance float | +0.15 pp | opened 0.2% | Q1→Q2 |
| Parabilis Medicines | new stake | Alphabet tech treasury | +0.14 pp | opened 0.1% | Q1→Q2 |
| Fervo Energy | new stake | Alphabet tech treasury | +0.05 pp | opened 0.05% | Q1→Q2 |
| Entrada Therapeutics | closed | Merck & Co. pharma | −6.28 pp | was 6.3% | Q1→Q2 |
| Sutro Biopharma | closed | Merck & Co. pharma | −1.94 pp | was 1.9% | Q1→Q2 |
| Evaxion Biotech | closed | Merck & Co. pharma | −1.29 pp | was 1.3% | Q1→Q2 |
| Tenaya Therapeutics | closed | Alphabet tech treasury | −0.02 pp | was 0.02% | Q1→Q2 |
| RVMD | weight down | Alphabet tech treasury | −7.42 pp | −10.5% sh | Q1→Q2 |
| 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 12 | |||||
| X-Energy | new stake | Amazon Com tech treasury | +27.33 pp | opened 27.3% | Q1→Q2 |
| HON | new stake | Cincinnati Financial insurance float | +1.79 pp | opened 1.8% | Q1→Q2 |
| HON | new stake | Cincinnati Financial insurance float | +1.77 pp | opened 1.8% | Q1→Q2 |
| Cerebras Systems | new stake | Johnson & Johnson pharma | +1.48 pp | opened 1.5% | Q1→Q2 |
| ALGT | new stake | Amazon Com tech treasury | +0.40 pp | opened 0.4% | Q1→Q2 |
| XYL | new stake | Cincinnati Financial insurance float | +0.28 pp | opened 0.3% | Q1→Q2 |
| HON | closed | Cincinnati Financial insurance float | −3.81 pp | was 3.8% | Q1→Q2 |
| LRCX | closed | Cincinnati Financial insurance float | −0.64 pp | was 0.6% | Q1→Q2 |
| Rallybio | closed | Johnson & Johnson pharma | −0.21 pp | was 0.2% | Q1→Q2 |
| Nautilus Biotechnology | closed | Amazon Com tech treasury | −0.21 pp | was 0.2% | Q1→Q2 |
| Nano-X Imaging | closed | Johnson & Johnson pharma | −0.03 pp | was 0.03% | Q1→Q2 |
| TMO | still held | Cincinnati Financial insurance float | +0.05 pp | kept · 0.8% | Q1→Q2 |
| 3 Aug 3 | |||||
| ACLXGBX | closed | Gilead Sciences pharma | −36.44 pp | was 36.4% | Q1→Q2 |
| ASMB | weight up | Gilead Sciences pharma | +2.39 pp | +10.5% sh | Q1→Q2 |
| VOO | weight down | Globe Life insurance float | +1.25 pp | −2.3% sh | Q1→Q2 |
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.