13F

Position

Rangeley Capital, LLC in Arbutus Biopharma Corp

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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 −$155K$4.81$4.50

QuarterSharesValueImplied pxEst. markFlowWeight
Q4 2025840K$4.04M3.4%
Q1 2026500K$2.25M$4.50−$155K−$1.64M2.2%