1y return−19.0%S&P 500 +20.9%
These returns are for its stock picks as disclosed on Form 13F: last quarter's holdings, valued at this quarter's prices. They miss trades within each quarter, short positions, options, bonds, cash and fees, so they aren't the returns its clients got.
$100 invested in its stock picks
Since March 31, 2024: $173 against $143 in the S&P 500.2
Crcm LPS&P 500 (SPY)
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| IAUIshares Gold Trust Etf | $198.4M | 65.2% | +110.2% |
| IBITIshares Bitcoin Trust Etf | $20.2M | 6.6% | New |
| RNAAtrium Therapeutics Inc | $17.3M | 5.7% | New |
| AIFCAi Financial Corp | $14.9M | 4.9% | +101.4% |
| PLBYPlayboy Inc | $14.0M | 4.6% | +165.0% |
| BTGOBitgo Holdings Inc-cl A | $13.6M | 4.5% | New |
| SGOVIshares 0-3 Month Treasury B | $9.5M | 3.1% | New |
| VZLAVizsla Silver Corp | $5.6M | 1.8% | New |
| BNRBurning Rock Biotech Ltd-adr | $3.5M | 1.2% | +50.3% |
| Procap Acquisition Corp - ACUSIP G7257A105 | $3.3M | 1.1% | +110.9% |
| Perceptive Capital SolutionsCUSIP G70077105 | $2.1M | 0.7% | +67.3% |
| TRAXFirst Tracks Biotherapeutics | $1.4M | 0.5% | New |
| USBCUsbc Inc. | $174K | 0.1% | |
| Procap Acquisition CorpCUSIP G7257A121 | $33K | 0.0% | New |
Best picks still held
How each current holding has done since the quarter it first appeared in its filings (up to six years back).
| Stock | Held since | Return since | Now worth |
|---|---|---|---|
| IAUIshares Gold Trust Etf | March 31, 2024 | +79.7% | $198.4M |
| BNRBurning Rock Biotech Ltd-adr | December 31, 2024 | +24.0% | $3.5M |
| Procap Acquisition Corp - ACUSIP G7257A105 | September 30, 2025 | +0.1% | $3.3M |
| PLBYPlayboy Inc | December 31, 2024 | −16.4% | $14.0M |
| Perceptive Capital SolutionsCUSIP G70077105 | December 31, 2025 | −16.5% | $2.1M |
| USBCUsbc Inc. | September 30, 2025 | −76.6% | $174K |
| AIFCAi Financial Corp | September 30, 2025 | −78.2% | $14.9M |
Sold off last quarter
- STAAStaar Surgical Co was $1.9M
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | −17.8% | +14.8% |
| March 31, 2026 | −17.1% | −4.6% |
| December 31, 2025 | +4.2% | +2.4% |
| September 30, 2025 | +14.0% | +7.8% |
| June 30, 2025 | +57.5% | +10.5% |
| March 31, 2025 | +0.5% | −4.6% |
| December 31, 2024 | +41.8% | +2.1% |
| September 30, 2024 | +6.0% | +5.4% |
| June 30, 2024 | −10.1% | +4.0% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Crcm LP Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1483234&type=13F-HR&dateb=&owner=include&count=40CIK 1483234
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/1483234/000148323426000005/Filed August 18, 2026 · accession 0001483234-26-000005