13F

Position

R Squared Ltd in Trupanion, Inc.

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Estimated mark uses implied 13F prices (value ÷ shares). Adds are treated as happening at this quarter’s mark; cuts at last quarter’s. Share jumps can be splits, not buys. This is not realized P&L.

Latest estimated mark −$105K$37.37$25.61

QuarterSharesValueImplied pxEst. markFlowWeight
Q4 20259.07K$339.1K0.2%
Q1 20268.93K$228.7K$25.61−$105K−$5.38K0.1%