SEC 13F Intelligence

Managers / Q1 2022 · view latest →

Alerce Investment Management, L.P.

CIK 0001844002 · 676 N. MICHIGAN AVENUE, SUITE 4000, CHICAGO, IL, 60611 · (312) 448-5500

Reported Value
$59M
Q1 2022
Positions
7
Filings on Record
17
2019–present window
Filed
May 13, 2022
original filing

Summary

Alerce Investment Management, L.P. reported $59M in U.S.-listed holdings across 7 positions for Q1 2022.

The portfolio is heavily concentrated: American Well alone accounts for 44.9% of reported value.

The book was largely unchanged from Q4 2021.

Portfolio Metrics

Turnover
+0.9%
vs prior filed quarter
Largest Position
+44.9%
American Well

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’20: $254MQ4 ’20Q1 ’21: $226MQ2 ’21: $184MQ3 ’21: $146MQ3 ’21Q4 ’21: $98MQ1 ’22: $59MQ2 ’22: $54MQ2 ’22Q3 ’22: $104MQ4 ’22: $87MQ1 ’23: $76MQ1 ’23Q2 ’23: $77MQ3 ’23: $59MQ4 ’23: $75MQ4 ’23Q1 ’24: $95MQ2 ’24: $51MQ3 ’24: $62MQ3 ’24Q4 ’24: $57Mfilingsflow.com

Portfolio Composition

By security type
Other: 52.7%Common Stock: 47.3%
  • Other · 52.7% · $31M
  • Common Stock · 47.3% · $28M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2021 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
ANNXANNEXON INCHELD+01.95M$17M$5M
AMERICAN WELL CORPHELD+06.30M$12M$27M
AKBAAKEBIA THERAPEUTICS INCHELD+04.65M$7M$3M
WHWKAADI BIOSCIENCES INCHELD+0374.8K$3M$6M
ALRNEURAILERON THERAPEUTICS INCHELD+016.61M$838,000$9M
GBTUSDGLOBAL BLOOD THERAPEUTICS INHELD+0126.3K+$678,000$4M
ASSEMBLY BIOSCIENCES INCHELD+02.23M$601,000$5M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q1 2022

7 positions
#IssuerClass% PortfolioValueShares
1AMERICAN WELL CORPCL A44.93%$27M6.30M
2ALRNEURAILERON THERAPEUTICS INChistory →COM14.42%$9M16.61M
3WHWKAADI BIOSCIENCES INChistory →COM10.77%$6M374.8K
4ANNXANNEXON INChistory →COM9.04%$5M1.95M
5ASSEMBLY BIOSCIENCES INCCOM7.77%$5M2.23M
6GBTUSDGLOBAL BLOOD THERAPEUTICS INhistory →COM7.41%$4M126.3K
7AKBAAKEBIA THERAPEUTICS INChistory →COM5.66%$3M4.65M

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q4 2024$57M5Feb 14, 202513F-HRchanges · EDGAR ↗
Q3 2024$62M5Nov 13, 202413F-HRchanges · EDGAR ↗
Q2 2024$51M5Aug 14, 202413F-HRchanges · EDGAR ↗
Q1 2024$95M5May 9, 202413F-HRchanges · EDGAR ↗
Q4 2023$75M5Feb 9, 202413F-HRchanges · EDGAR ↗
Q3 2023$59M6Nov 13, 202313F-HRchanges · EDGAR ↗
Q2 2023$77M6Aug 14, 202313F-HRchanges · EDGAR ↗
Q1 2023$76M6May 15, 202313F-HRchanges · EDGAR ↗
Q4 2022$87M6Feb 14, 202313F-HRchanges · EDGAR ↗
Q3 2022$104M7Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$54M7Aug 4, 202213F-HRchanges · EDGAR ↗
Q1 2022$59M7May 13, 202213F-HRchanges · EDGAR ↗
Q4 2021$98M7Feb 9, 202213F-HRchanges · EDGAR ↗
Q3 2021$146M7Nov 15, 202113F-HRchanges · EDGAR ↗
Q2 2021$184M7Aug 11, 202113F-HRchanges · EDGAR ↗
Q1 2021$226M7May 12, 202113F-HRchanges · EDGAR ↗
Q4 2020$254M7Feb 11, 202113F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.