Crcm LP
SAN FRANCISCO, CA
$304m in 14 US stocks at the end of 30 June 2026. The top 10 are 98.8% of the money. It changed about 22.2% of the portfolio this quarter.
Value
$304m
Stocks
14
Top 10 share
98.8%
Turnover
22.2%
What changed this quarter
New
Bought for the first time this quarter.
- Ishares Bitcoin Trust ETFIBIT6.6% of the fund
- Atrium TherapeuticsRNA5.7% of the fund
- Bitgo HoldingsBTGO4.5% of the fund
- Ishares TRSGOV3.1% of the fund
- Vizsla SilverVZLA1.8% of the fund
- First Tracks BiotherapeuticsTRAX0.5% of the fund
- Procap AcquisitionPCAPW<0.1% of the fund
Added
Bought more of a stock they already held.
- Ishares Gold TRIAU65.2% of the fund+110%
- AI FinancialAIFC4.9% of the fund+101%
- PlayboyPLBY4.6% of the fund+165%
- Burning Rock BiotechBNR1.2% of the fund+50%
- ProCap AcquisitionPCAP1.1% of the fund+111%
- FreenomeFRNM0.7% of the fund+67%
Cut
Sold some of their stake.
None this quarter.
Sold out
Sold their entire stake.
- Staar SurgicalSTAA-100%
Holdings
- Ishares Gold TRIAU
- Share
- 65.2%
- Value
- $198m
- Shares
- 2,627,642
+110%
- Ishares Bitcoin Trust ETFIBIT
- Share
- 6.6%
- Value
- $20m
- Shares
- 607,110
New
- Atrium TherapeuticsRNA
- Share
- 5.7%
- Value
- $17m
- Shares
- 1,283,078
New
- Ishares TRSGOV
- Share
- 3.1%
- Value
- $10m
- Shares
- 94,482
New
- Vizsla SilverVZLA
- Share
- 1.8%
- Value
- $6m
- Shares
- 1,696,432
New
- Burning Rock BiotechBNR
- Share
- 1.2%
- Value
- $4m
- Shares
- 423,994
+50%
- ProCap AcquisitionPCAP
- Share
- 1.1%
- Value
- $3m
- Shares
- 321,312
+111%
- First Tracks BiotherapeuticsTRAX
- Share
- 0.5%
- Value
- $1m
- Shares
- 70,680
New
- Procap AcquisitionPCAPW
- Share
- <0.1%
- Value
- $32,885
- Shares
- 102,735
New
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| Ishares Gold TRIAU | 65.2% | $198m | 2,627,642 | +110% |
| Ishares Bitcoin Trust ETFIBIT | 6.6% | $20m | 607,110 | New |
| Atrium TherapeuticsRNA | 5.7% | $17m | 1,283,078 | New |
| AI FinancialAIFC | 4.9% | $15m | 25,403,060 | +101% |
| PlayboyPLBY | 4.6% | $14m | 11,515,614 | +165% |
| Bitgo HoldingsBTGO | 4.5% | $14m | 2,624,342 | New |
| Ishares TRSGOV | 3.1% | $10m | 94,482 | New |
| Vizsla SilverVZLA | 1.8% | $6m | 1,696,432 | New |
| Burning Rock BiotechBNR | 1.2% | $4m | 423,994 | +50% |
| ProCap AcquisitionPCAP | 1.1% | $3m | 321,312 | +111% |
| FreenomeFRNM | 0.7% | $2m | 194,530 | +67% |
| First Tracks BiotherapeuticsTRAX | 0.5% | $1m | 70,680 | New |
| UsbcUSBC | <0.1% | $173,817 | 555,325 | Held |
| Procap AcquisitionPCAPW | <0.1% | $32,885 | 102,735 | New |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is down 9.7% since 30 June 2025.
Where the money is
Financial services10.5%
Health care6.8%
Retail & consumer4.6%
Materials1.8%
Other76.2%
From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.