CRCM LP

SAN FRANCISCO, CA · CIK 1483234 · 13F filing filed 2026-08-18

SEC-registered investment adviser since 2012 · limited partnership

Assets managed$746.7m
Staff13 · 4 in investment roles
Main clients (by assets)Private funds 98%, High net worth individuals 2%
Private funds11 (3 hedge) · $734.6m gross assets
Websitecrcmvc.com
Form ADV · 2026-04-30SEC adviser record

Legal entityCRCM L.P. (US)

$304.1m reported value +115.3% vs Q1 2026

14positions

98.8%in top 10

7 new 6 added 0 reduced 1 sold out vs Q1 2026

Holdings, Q2 2026

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	ISHARES GOLD TR ISHARES NEW IAU	IAU	2,627,642	$198.4m65.25%	65.25%	Added +1.4m	+1,377,772 110.2%
2	ISHARES BITCOIN TRUST ETF SHS BEN INT IBIT	IBIT	607,110	$20.2m6.65%	6.65%	New
3	ATRIUM THERAPEUTICS INC COM RNA	RNA	1,283,078	$17.3m5.68%	5.68%	New
4	ALT5 SIGMA CORP COM AIFC	AIFC	25,403,060	$14.9m4.89%	4.89%	Added +12.8m	+12,791,530 101.4%
5	PLBY GROUP INC COM PLBY	PLBY	11,515,614	$14.0m4.62%	4.62%	Added +7.2m	+7,170,097 165.0%
6	BITGO HOLDINGS INC COM SHS CL A BTGO	BTGO	2,624,342	$13.6m4.47%	4.47%	New
7	ISHARES TR 0-3 MNTH TREASRY SGOV	SGOV	94,482	$9.5m3.13%	3.13%	New
8	VIZSLA SILVER CORP COM NEW VZLA	VZLA	1,696,432	$5.6m1.84%	1.84%	New
9	BURNING ROCK BIOTECH LTD SPONSORED ADS BNR	BNR	423,994	$3.5m1.17%	1.17%	Added +141.9k	+141,897 50.3%
10	PROCAP ACQUISITION CORP SHS CL A PCAP	PCAP	321,312	$3.3m1.09%	1.09%	Added +168.9k	+168,945 110.9%
11	PERCEPTIVE CAP SOLUTIONS COR CL A ORD SHS FRNM	FRNM	194,530	$2.1m0.70%	0.70%	Added +78.3k	+78,285 67.3%
12	FIRST TRACKS BIOTHERAPEUTICS ORD SHS TRAX	TRAX	70,680	$1.4m0.47%	0.47%	New
13	USBC INC. COM NEW USBC	USBC	555,325	$173.8k0.06%	0.06%	Unchanged
14	PROCAP ACQUISITION CORP *W EXP 05/16/203 PCAPW	PCAPW	102,735	$32.9k0.01%	0.01%	New

Sold out since Q1 2026

Security	Ticker	Shares held before	Value then
STAAR SURGICAL CO STAA	STAA	100,000	$1.9m100.0k shares

Stakes above 5%

Companies where this manager has reported owning more than 5% of a class of shares, on Schedule 13D (may seek influence) or 13G (passive): its latest filing for each, from 19 Dec 2024 on.

Company	Ticker	Stake	Change	Schedule	Last filed
ALT5 SIGMA CORP AIFC · 13G · filed 2026-08-12	AIFC	10.0%≈ $7.4m	+0.1 pts	13G	2026-08-12