1y return+34.8%S&P 500 +20.9%
3y return+76.0%S&P 500 +68.5%
5y return+21.0%S&P 500 +74.5%
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 December 31, 2018: $194 against $299 in the S&P 500.2
Monashee Investment Management LLCS&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 |
|---|---|---|---|
| Alphabet IncCUSIP 02079K404 | $5.1M | 9.4% | New |
| Alphabet IncCUSIP 02079K602 | $5.0M | 9.3% | New |
| SLDBSolid Biosciences Inc | $5.0M | 9.2% | −64.8% |
| DLRDigital Rlty Tr Inc | $4.5M | 8.3% | New |
| SYRESpyre Therapeutics Inc | $4.4M | 8.2% | New |
| ADTAdt Inc Del | $3.9M | 7.2% | −14.3% |
| TNGXTango Therapeutics Inc | $3.1M | 5.8% | New |
| Super Micro Computer IncCUSIP 86800U500 | $2.6M | 4.8% | New |
| LEGNLegend Biotech Corp | $2.5M | 4.6% | New |
| GOOGLAlphabet Inc | $2.1M | 4.0% | New |
| GOOGAlphabet Inc | $2.1M | 3.9% | New |
| Uniqure NvCUSIP N90064101 | $2.1M | 3.8% | New |
| Innio NvCUSIP N52A8C105 | $1.9M | 3.5% | New |
| AKRAcadia Rlty Tr | $1.8M | 3.3% | New |
| PTRNPattern Group Inc | $1.6M | 3.0% | New |
| MLTXMoonlake Immunotherapeutics | $1.5M | 2.7% | New |
| WHKWhitehawk Minerals Corp | $1.4M | 2.6% | New |
| TSHATaysha Gene Therapies Inc | $1.4M | 2.5% | New |
| IMAImagenebio Inc | $1.1M | 2.1% | New |
| KARDKardigan Inc | $1.0M | 1.9% | 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 |
|---|---|---|---|
| SLDBSolid Biosciences Inc | December 31, 2025 | +77.1% | $5.0M |
| ADTAdt Inc Del | March 31, 2025 | −20.1% | $3.9M |
Sold off last quarter
- Terns Pharmaceuticals IncCUSIP 880881107 was $15.8M
- Nextera Energy IncCUSIP 65339F655 was $15.2M
- MDLNMedline Inc was $13.3M
- NRGNrg Energy Inc was $12.4M
- FPSForgent Power Solutions Inc was $10.2M
- NKTRNektar Therapeutics was $7.2M
- CYTKCytokinetics Inc was $6.6M
- Joby Aviation IncCUSIP 47775AAA9 was $5.9M
- Ppl CorpCUSIP 69351T866 was $5.2M
- BBIOBridgebio Pharma Inc was $5.0M
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +11.6% | +14.8% |
| March 31, 2026 | −1.5% | −4.6% |
| December 31, 2025 | +2.3% | +2.4% |
| September 30, 2025 | +19.8% | +7.8% |
| June 30, 2025 | +10.6% | +10.5% |
| March 31, 2025 | −1.6% | −4.6% |
| December 31, 2024 | −0.5% | +2.1% |
| September 30, 2024 | +7.1% | +5.4% |
| June 30, 2024 | −1.5% | +4.0% |
| March 31, 2024 | +8.1% | +10.0% |
| December 31, 2023 | +6.0% | +11.2% |
| September 30, 2023 | −0.3% | −3.6% |
| June 30, 2023 | +10.2% | +8.3% |
| March 31, 2023 | +2.3% | +7.0% |
| December 31, 2022 | +3.3% | +7.1% |
| September 30, 2022 | −3.5% | −5.3% |
| June 30, 2022 | −18.7% | −16.5% |
| March 31, 2022 | −13.7% | −4.9% |
| December 31, 2021 | −1.9% | +10.7% |
| September 30, 2021 | −11.1% | +0.3% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Monashee Investment Management LLC Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1627608&type=13F-HR&dateb=&owner=include&count=40CIK 1627608
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/1627608/000117266126003357/Filed August 13, 2026 · accession 0001172661-26-003357