Morgan Creek Capital Management
CHAPEL HILL, NCfiles as Morgan Creek Capital Management, LLC
$148m in 15 US stocks at the end of 30 June 2026. The top 10 are 99.3% of the money. It changed about 6.3% of the portfolio this quarter.
Value
$148m
Stocks
15
Top 10 share
99.3%
Turnover
6.3%
What changed this quarter
New
Bought for the first time this quarter.
- BiohavenBHVN0.2% of the fund
- Acadia PharmaceuticalsACAD0.2% of the fund
- VeradermicsMANE0.2% of the fund
- ArriVent BioPharmaAVBP0.2% of the fund
- PTC TherapeuticsPTCT0.2% of the fund
- Taiwan Semiconductor ManufacturingTSM0.1% of the fund
- Regeneron PharmaceuticalsREGN0.1% of the fund
Added
Bought more of a stock they already held.
- Figure Technology SolutionsFIGR91.9% of the fund+15%
- InsmedINSM0.1% of the fund+54%
Cut
Sold some of their stake.
- Gemini Space StationGEMI1.6% of the fund-79%
Sold out
Sold their entire stake.
- Unity SoftwareU-100%
Holdings
- Full Truck AllianceYMM
- Share
- 1.0%
- Value
- $1m
- Shares
- 174,105
Held
- Plains ALL Amern Pipeline LPAA
- Share
- 0.3%
- Value
- $392,711
- Shares
- 17,642
Held
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| Figure Technology SolutionsFIGR | 91.9% | $136m | 4,442,317 | +15% |
| Uber TechnologiesUBER | 2.2% | $3m | 45,023 | Held |
| Gemini Space StationGEMI | 1.6% | $2m | 562,229 | -79% |
| LyftLYFT | 1.0% | $1m | 97,716 | Held |
| Full Truck AllianceYMM | 1.0% | $1m | 174,105 | Held |
| IHS HoldingIHS | 0.9% | $1m | 154,963 | Held |
| Plains ALL Amern Pipeline LPAA | 0.3% | $392,711 | 17,642 | Held |
| BiohavenBHVN | 0.2% | $270,712 | 18,193 | New |
| Acadia PharmaceuticalsACAD | 0.2% | $237,694 | 9,395 | New |
| VeradermicsMANE | 0.2% | $236,660 | 1,925 | New |
| ArriVent BioPharmaAVBP | 0.2% | $229,284 | 6,600 | New |
| PTC TherapeuticsPTCT | 0.2% | $224,481 | 2,752 | New |
| Taiwan Semiconductor ManufacturingTSM | 0.1% | $216,339 | 453 | New |
| Regeneron PharmaceuticalsREGN | 0.1% | $207,015 | 332 | New |
| InsmedINSM | 0.1% | $205,670 | 1,929 | +54% |
Over time and by industry
Value over time
Dec '25
Jun '26
Value is down 59.4% since 31 December 2025.
Where the money is
Financial services93.5%
Industrials2.2%
Technology1.1%
Health care1.1%
Media & telecom0.9%
Other1.2%
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.