# FLAX POND CAPITAL, LLC

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 2106996. Source: https://holderbook.com/funds/2106996-flax-pond-capital-llc/

- Reported value: $270.2M
- Positions: 59
- Weight of the ten largest: 45.4%
- Filed: 2026-08-13

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| SPDR GOLD TR | [GLD](https://holderbook.com/stocks/GLD/) | $25.1M | 62,914 | 9.3% | 3 |
| MURPHY OIL CORP | [MUR](https://holderbook.com/stocks/MUR/) | $13.8M | 375,212 | 5.1% | 3 |
| EAGLE POINT INCOME COMPANY I | [EIC](https://holderbook.com/stocks/EIC/) | $12.8M | 1,306,307 | 4.7% | 3 |
| XPLR INFRASTRUCTURE LP | [XIFR](https://holderbook.com/stocks/XIFR/) | $11.9M | 1,065,468 | 4.4% | 3 |
| DRIVEN BRANDS HLDGS INC | [DRVN](https://holderbook.com/stocks/DRVN/) | $11.8M | 891,790 | 4.4% | 3 |
| ISHARES INC | [EWZ](https://holderbook.com/stocks/EWZ/) | $10.4M | 285,026 | 3.8% | 3 |
| UNIQURE NV | [QURE](https://holderbook.com/stocks/QURE/) | $10.0M | 324,757 | 3.7% | 3 |
| AMERICOLD REALTY TRUST INC | [COLD](https://holderbook.com/stocks/COLD/) | $9.7M | 710,826 | 3.6% | 3 |
| BARRICK MNG CORP | [B](https://holderbook.com/stocks/B/) | $8.6M | 222,586 | 3.2% | 3 |
| NEXPOINT RESIDENTIAL TR INC | [NXRT](https://holderbook.com/stocks/NXRT/) | $8.6M | 324,857 | 3.2% | 2 |
| NEWMONT CORP | [NEM](https://holderbook.com/stocks/NEM/) | $8.5M | 84,805 | 3.2% | 3 |
| ROYAL GOLD INC | [RGLD](https://holderbook.com/stocks/RGLD/) | $8.4M | 37,050 | 3.1% | 3 |
| ALEXANDRIA REAL ESTATE EQ IN | [ARE](https://holderbook.com/stocks/ARE/) | $8.4M | 166,010 | 3.1% | 3 |
| ANGI INC | [ANGI](https://holderbook.com/stocks/ANGI/) | $7.8M | 1,225,053 | 2.9% | 3 |
| BCE INC | [BCE](https://holderbook.com/stocks/BCE/) | $6.8M | 284,305 | 2.5% | 3 |
| EDAP TMS S A | [FOCL](https://holderbook.com/stocks/FOCL/) | $6.8M | 1,525,676 | 2.5% | 3 |
| COMSTOCK INC | [LODE](https://holderbook.com/stocks/LODE/) | $6.7M | 1,871,105 | 2.5% | 3 |
| KASPI KZ JSC | [KSPI](https://holderbook.com/stocks/KSPI/) | $6.6M | 82,608 | 2.5% | 3 |
| GEOPARK LTD | [GPRK](https://holderbook.com/stocks/GPRK/) | $5.6M | 595,116 | 2.1% | 2 |
| SABA CAPITAL INCOME & OPRNT | [BRW](https://holderbook.com/stocks/BRW/) | $5.4M | 811,572 | 2.0% | 3 |
| DIMENSIONAL ETF TRUST | [DFAX](https://holderbook.com/stocks/DFAX/) | $5.2M | 147,718 | 1.9% | 3 |
| SABA CAPITAL INCOME & OPPORT | [SABA](https://holderbook.com/stocks/SABA/) | $5.1M | 613,004 | 1.9% | 3 |
| LIMONEIRA CO | [LMNR](https://holderbook.com/stocks/LMNR/) | $4.7M | 355,140 | 1.7% | 3 |
| PEOPLE INC | [PPLI](https://holderbook.com/stocks/PPLI/) | $4.4M | 102,210 | 1.6% | 3 |
| VERMILION ENERGY INC | [VET](https://holderbook.com/stocks/VET/) | $4.1M | 372,485 | 1.5% | 3 |
| STRUCTURE THERAPEUTICS INC | [GPCR](https://holderbook.com/stocks/GPCR/) | $3.7M | 73,000 | 1.4% | 3 |
| WEYERHAEUSER CO | [WY](https://holderbook.com/stocks/WY/) | $3.4M | 140,420 | 1.3% | 3 |
| NURIX THERAPEUTICS INC | [NRIX](https://holderbook.com/stocks/NRIX/) | $3.2M | 162,600 | 1.2% | 3 |
| ULTRAGENYX PHARMACEUTICAL IN | [RARE](https://holderbook.com/stocks/RARE/) | $3.1M | 114,776 | 1.2% | 3 |
| IDEAYA BIOSCIENCES INC | [IDYA](https://holderbook.com/stocks/IDYA/) | $2.9M | 81,744 | 1.1% | 3 |
| KRANESHARES TRUST | [KWEB](https://holderbook.com/stocks/KWEB/) | $2.8M | 115,133 | 1.0% | 1 |
| GENESIS ENERGY L P | [GEL](https://holderbook.com/stocks/GEL/) | $2.7M | 170,464 | 1.0% | 3 |
| GLOBAL PMTS INC | [GPN](https://holderbook.com/stocks/GPN/) | $2.4M | 34,595 | 0.9% | 3 |
| JD.COM INC | [JD](https://holderbook.com/stocks/JD/) | $2.4M | 85,634 | 0.9% | 3 |
| REVOLUTION MEDICINES INC | [RVMD](https://holderbook.com/stocks/RVMD/) | $2.3M | 16,266 | 0.8% | 3 |
| ORGANOGENESIS HLDGS INC | [ORGO](https://holderbook.com/stocks/ORGO/) | $2.0M | 842,682 | 0.7% | 3 |
| KYNDRYL HLDGS INC | [KD](https://holderbook.com/stocks/KD/) | $2.0M | 173,820 | 0.7% | 2 |
| NOMAD FOODS LTD | [NOMD](https://holderbook.com/stocks/NOMD/) | $1.7M | 164,600 | 0.6% | 2 |
| BICYCLE THERAPEUTICS PLC | [BCYC](https://holderbook.com/stocks/BCYC/) | $1.7M | 376,222 | 0.6% | 3 |
| COMCAST CORP NEW | [CMCSA](https://holderbook.com/stocks/CMCSA/) | $1.6M | 66,260 | 0.6% | 1 |
| JAMES RIV GROUP HOLDINGS INC | [JRVR](https://holderbook.com/stocks/JRVR/) | $1.5M | 328,574 | 0.6% | 3 |
| FIVE POINT HOLDINGS LLC | [FPH](https://holderbook.com/stocks/FPH/) | $1.5M | 290,937 | 0.5% | 3 |
| LYONDELLBASELL INDUSTRIES NV | [LYB](https://holderbook.com/stocks/LYB/) | $1.4M | 21,184 | 0.5% | 3 |
| PLANET FITNESS MASTER ISSUER | [PLNT](https://holderbook.com/stocks/PLNT/) | $1.3M | 25,722 | 0.5% | 1 |
| ENERGY TRANSFER L P | [ET](https://holderbook.com/stocks/ET/) | $1.2M | 62,700 | 0.4% | 3 |
| NEW MTN FIN CORP | [NMFC](https://holderbook.com/stocks/NMFC/) | $1.1M | 156,299 | 0.4% | 1 |
| ASA GOLD AND PRECIOUS MTLS L | [ASA](https://holderbook.com/stocks/ASA/) | $1.1M | 19,008 | 0.4% | 3 |
| COMPASS PATHWAYS PLC | [CMPS](https://holderbook.com/stocks/CMPS/) | $1.0M | 109,182 | 0.4% | 3 |
| PTC THERAPEUTICS INC | [PTCT](https://holderbook.com/stocks/PTCT/) | $898.2K | 12,000 | 0.3% | 3 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $786.2K | 4,634 | 0.3% | 3 |
| EXXONMOBIL HOLDINGS CORP COM SHS | [XOM](https://holderbook.com/stocks/XOM/) | $633.6K | 4,634 | 0.2% | 1 |
| GENERAL MILLS INC | [GIS](https://holderbook.com/stocks/GIS/) | $498.3K | 14,320 | 0.2% | 1 |
| CADIZ INC | [CDZI](https://holderbook.com/stocks/CDZI/) | $480.8K | 105,630 | 0.2% | 3 |
| ENCORE ENERGY CORP | [EU](https://holderbook.com/stocks/EU/) | $396.9K | 268,483 | 0.1% | 3 |
| TERRESTRIAL ENERGY INC | [IMSR](https://holderbook.com/stocks/IMSR/) | $239.4K | 37,000 | 0.1% | 2 |
| T-MOBILE US INC | [TMUS](https://holderbook.com/stocks/TMUS/) | $236.3K | 1,409 | 0.1% | 1 |
| BRANDYWINEGBL GBL INCM OPP F | [BWG](https://holderbook.com/stocks/BWG/) | $234.2K | 30,000 | 0.1% | 3 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $213.2K | 872 | 0.1% | 3 |
| ISHARES TR | [EIDO](https://holderbook.com/stocks/EIDO/) | $157.9K | 10,000 | 0.1% | 3 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2026 | +4.5% | +14.8% | -10.3% | 100% |
| Q1 2026 | +0.6% | -4.6% | +5.3% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $270.2M | 59 |
| Q1 2026 | $124.3M | 62 |
| Q4 2025 | $134.5M | 51 |