Arkolith/Funds/Kalehua Capital Management LLC

Kalehua Capital Management LLC

CIK 2106181
Holdings as of Jun 30, 2026·disclosed Aug 19, 2026·~50-day 13F lag·13F-HR/AAmended
Active Filer

Kalehua Capital Management LLC holds a focused book of 26 stocks worth $174.0M as of Q2 2026 (disclosed Aug 19, 2026, a ~50-day 13F lag). This quarter they opened Karyopharm Therapeutics Inc and trimmed Uniqure NV. Their largest long position is Alpha Architect 1-3 MNTH Box at 15% of the equity book.

Changes below are measured against Q4 2025, not the immediately-prior quarter: that filing was amended and its restated book is still being processed, so diffing against it would compare this book to an incomplete one.
Opened
8
bought for the first time
Trimmed
2
sold some, still holds it
Sold out
7
exited the position entirely

Concentration

Top-heavy: focused book

Top 5 holdings
48%
Top 10 holdings
71%
Top 20 holdings
96%

Share of the disclosed book in its largest positions. A higher top-5 share means a more concentrated, higher-conviction portfolio.

Direct sector allocation

85% mapped to company sectors

Health Care
85%
ETF / fund or unclassified
15%
Materials
0%

Direct operating-company sectors from our SIC-based security master. ETF/fund and unclassified holdings stay visible separately; this is not ETF look-through exposure.

Biggest moves: latest quarter

Estimated $ traded · quarter-end prices, no cost basis

Bought
Trimmed / exited

Funds with the most overlap

Other tracked managers holding the same core names as Kalehua Capital Management LLC

Manager / fundShared namesTheir $ in those
GEODE CAPITAL MANAGEMENT, LLC32 / 26$498.1M
MORGAN STANLEY32 / 26$127.6M
UBS Group AG32 / 26$83.6M
BlackRock, Inc.30 / 26$667.0M
STATE STREET CORP29 / 26$876.7M
BNP PARIBAS FINANCIAL MARKETS29 / 26$15.6M
ROYAL BANK OF CANADA29 / 26$10.0M
GOLDMAN SACHS GROUP INC28 / 26$217.5M

Ranked by the share of each fund's own book sitting in the names it shares with Kalehua Capital Management LLC: only funds sharing at least a tenth of the book qualify. Index giants, bank custody books and market makers are excluded. They hold everything, so their overlap says nothing.

Holdings: largest first

Bars show each stock's share of the portfolio. Click a row for its position history.

26 positions
#SecurityValueShares% PortLast moveHistory
1Ea Series Trust
ALPHA ARCH 1-3
$26.5M226.2K
15.2%
−2.0%
Reduced · −5K sh
2Veradermics Inc
COMMON STOCK
$17.9M145.7K
10.3%
New
New position
3X4 Pharmaceuticals Inc
COM NEW
$17.4M3.72M
10.0%
Held
4Compass Pathways Plc
SPONSORED ADS
$11.6M819.7K
6.7%
Held
5Surrozen Inc
COM NEW
$10.0M385.2K
5.7%
Held
6Aclaris Therapeutics Inc
COM
$9.7M1.83M
5.6%
New
New position
7Sionna Therapeutics Inc
COM
$8.7M197.1K
5.0%
Held
8Inhibikase Therapeutics Inc
COM NEW
$7.8M3.82M
4.5%
+118%
Added · +2.1M sh
9Pharvaris NV
COM
$6.9M198.8K
4.0%
Held
10Karyopharm Therapeutics Inc
COM NEW
$6.7M685.6K
3.9%
New
New position
11Septerna Inc
COM
$6.5M194.5K
3.7%
Held
12Inflarx Nv
COM
$6.5M2.90M
3.7%
New
New position
13Cyclerion Therapeutics Inc
COM
$5.6M1.65M
3.2%
New
New position
14Korro Bio Inc
COM
$5.3M405.0K
3.1%
New
New position
15Uniqure Nv
SHS
$3.7M79.4K
2.1%
New
New position
16LeonaBio Inc
COM
$3.6M393.7K
2.1%
Held
17Damora Therapeutics Inc
COM NEW
$3.6M139.0K
2.1%
New
New position
18MoonLake Immunotherapeutics
CLASS A ORD
$3.4M175.7K
2.0%
Held
19Adlai Nortye
SPONSORED ADS
$2.6M226.4K
1.5%
New
New position
20Tyra Biosciences Inc
COM
$2.4M74.5K
1.4%
Held
21Nuvectis Pharma Inc
COM
$1.8M100.0K
1.1%
New
New position
22Gossamer Bio Inc
COM
$1.8M11.15M
1.1%
New
New position
23Milestone Pharmaceuticals Inc
COM
$1.7M1.27M
1.0%
New
New position
24Atyr Pharma Inc
COM NEW
$1.1M1.79M
0.6%
New
New position
25Instil Bio Inc
COM NEW
$766K99.6K
0.4%
New
New position
26Tscan Therapeutics Inc
COM
$446K454.9K
0.3%
New
New position
Showing all 26 positions
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Filing history

As-of date vs the date the SEC received each filing

QuarterAs ofFiledPositionsValueForm
Q2 2026Jun 30, 2026Aug 19, 202626$174.0M13F-HR/A
Q1 2026Mar 31, 2026May 15, 202627$141.3M13F-HR/A
Q4 2025Dec 31, 2025Feb 13, 202619$101.1M13F-HR
Amended / restated
  • Q2 2026 · filed Aug 14, 202613F-HR · superseded
  • Q1 2026 · filed May 15, 202613F-HR · superseded

Data source

Holdings from SEC EDGAR 13F-HR filings, updated quarterly, filed up to 45 days after quarter-end. Public domain. The book and weighting are long equity only; disclosed put/call options are listed separately and excluded from those totals. Price-derived performance is withheld until the price-source policy and freshness gate are green.