Arkolith/Funds/Trails Edge Capital Partners, LP

Trails Edge Capital Partners, LP

CIK 2077247Hedge fund
Holdings as of Jun 30, 2026·disclosed Aug 14, 2026·~45-day 13F lag·13F-HR
Active Filer

Trails Edge Capital Partners, LP holds a diversified book of 35 stocks worth $629.9M as of Q2 2026 (disclosed Aug 14, 2026, a ~45-day 13F lag). This quarter they opened First Tracks Biotherapeutics and trimmed Nurix Therapeutics Inc. Their largest long position is LB Pharmaceuticals Inc at 8% of the equity book.

Opened
22
bought for the first time
Added to
10
already held, bought more
Trimmed
7
sold some, still holds it
Sold out
4
exited the position entirely

Concentration

Top-heavy: diversified book

Top 5 holdings
29%
Top 10 holdings
50%
Top 20 holdings
81%

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

Direct sector allocation

94% mapped to company sectors

Health Care
94%
ETF / fund or unclassified
6%

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 Trails Edge Capital Partners, LP

Manager / fundShared namesTheir $ in those
UBS Group AG44 / 35$1.7B
MORGAN STANLEY43 / 35$1.7B
GEODE CAPITAL MANAGEMENT, LLC42 / 35$3.8B
BlackRock, Inc.41 / 35$12.6B
GOLDMAN SACHS GROUP INC41 / 35$1.6B
ROYAL BANK OF CANADA41 / 35$247.6M
BNP PARIBAS FINANCIAL MARKETS40 / 35$456.1M
BARCLAYS PLC40 / 35$251.6M

Ranked by how many of Trails Edge Capital Partners, LP's top 35 disclosed names each fund also holds: a cross-fund conviction signal from the latest 13F of every tracked manager.

Holdings: largest first

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

35 positions
#SecurityValueShares% PortLast moveHistory
1LB Pharmaceuticals Inc
COM SHS
$49.4M1.52M
7.8%
+15%
Added · +204K sh
2Nurix Therapeutics Inc
COM
$38.2M1.57M
6.1%
−9.8%
Reduced · −170K sh
3Immunocore Hldgs PLC
ADS
$33.8M1.06M
5.4%
+56%
Added · +381K sh
4First Tracks Biotherapeutics
ORD SHS
$30.5M1.51M
4.8%
New
New position
54D Molecular Therapeutics In
COM
$29.6M2.23M
4.7%
+71%
Added · +925K sh
6Biomarin Pharmaceutical Inc
COM
$29.3M512.0K
4.7%
New
New position
7Design Therapeutics Inc
COM
$29.0M2.00M
4.6%
+135%
Added · +1.1M sh
8Xenon Pharmaceuticals Inc
COM
$26.6M440.0K
4.2%
Held
9Mirum Pharmaceuticals Inc
COM
$26.1M223.3K
4.2%
−33%
Reduced · −110K sh
10Insmed Inc
COM PAR $.01
$24.6M230.3K
3.9%
New
New position
11Cytokinetics Inc
COM NEW
$24.5M288.1K
3.9%
−4.0%
Reduced · −12K sh
12Syndax Pharmaceuticals Inc
COM
$24.3M1.11M
3.9%
+58%
Added · +408K sh
13Neurogene Inc
COM
$22.5M714.9K
3.6%
−8.7%
Reduced · −68K sh
14Kailera Therapeutics Inc
COMMON STOCK
$21.7M984.8K
3.4%
New
New position
15Revolution Medicines Inc
COM
$21.7M115.8K
3.4%
−53%
Reduced · −129K sh
16Inhibikase Therapeutics Inc
COM NEW
$18.4M9.05M
2.9%
+12%
Added · +994K sh
17Incyte Corp
COM
$17.6M155.0K
2.8%
New
New position
18Avalo Therapeutics Inc
COM NEW
$16.5M891.9K
2.6%
New
New position
19Moonlake Immunotherapeutics
CLASS A ORD
$14.6M750.0K
2.3%
New
New position
20Faeth Therapeutics Inc
COM NEW
$12.9M515.3K
2.0%
+312%
Added · +390K sh
21X4 Pharmaceuticals Inc
COM NEW
$12.0M2.57M
1.9%
Held
22Opus Genetics Inc
COM
$11.3M2.74M
1.8%
+449%
Added · +2.2M sh
23Sol-Gel Technologies Ltd
SHS NEW
$10.3M139.4K
1.6%
+63%
Added · +54K sh
24Aura Biosciences Inc
COM
$10.2M1.44M
1.6%
New
New position
25Century Therapeutics Inc
COM
$10.1M4.13M
1.6%
+69%
Added · +1.7M sh
26Inventiva Sa
ADS
$10.0M2.66M
1.6%
Held
27Camp4 Therapeutics Corp
COM
$8.4M1.93M
1.3%
−0.3%
Reduced · −7K sh
28Altimmune Inc
COM NEW
$8.1M2.66M
1.3%
New
New position
29Minerva Neurosciences Inc
COM NEW
$7.9M1.42M
1.3%
Held
30Promis Neurosciences Inc
COM SHS
$7.3M557.1K
1.2%
Held
31Onkure Therapeutics Inc
COM CL A
$6.6M1.44M
1.0%
New
New position
32Forte Biosciences Inc
COM NEW
$5.8M273.2K
0.9%
New
New position
33Research Alliance Corp III
ORD SHS CL A
$5.3M500.0K
0.8%
New
New position
34VTV Therapeutics Inc
CL A NEW
$3.2M85.2K
0.5%
−39%
Reduced · −54K sh
35Imagenebio Inc
COM
$1.7M282.0K
0.3%
New
New position
Showing all 35 positions
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Filing history

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

QuarterAs ofFiledPositionsValueForm
Q2 2026Jun 30, 2026Aug 14, 202635$629.9M13F-HR
Q1 2026Mar 31, 2026May 15, 202627$436.5M13F-HR
Q4 2025Dec 31, 2025Feb 17, 202623$404.7M13F-HR

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.