Stocks/Funds/CIK 1688325

TRV GP IV, LLC

long-term holderconcentrated
Quarterly 13F filings · Latest period 2026-03-31 · CIK 1688325
Assets
$267M
+187.5% YoY
Holdings
2
Lifetime alpha vs market
-20.17% annual
Average hold time
3.0 yr
median 3.0 yr

Quarterly history

Cum return -38% vs S&P +52% · α -90% lifetimeAUM $267M · peak $441MFlow $-31M (-12%)2018-122020-032021-062022-092023-122025-032026-03
AUM ($B)fundS&P 500(gap = α)/ Flow in/out

Behavior signals (lifetime)

Dip response
-0.92%
trims when stocks drop
when a holding falls −10%+
Middle response
-6.17%
baseline attrition
Rally response
-4.58%
trims into rallies
when a holding rises +10%+

Top positions · 2

Ticker$ value% portYoYHold time
MAZEMaze Therapeutics, Inc.$134M50.0%+171.1%1.3 yr
TNGXTango Therapeutics, Inc.$133M50.0%+1427.0%4.8 yr

Portfolio composition (YoY)

Industry mix
Biotechnology100.0%+0.0pp$267M
Country
US100.0%+0.0pp
Top 5: 100.0% · Top 10: 100.0% · Top 25: 100.0%

Winners

TickerPrev $PnLYoY %
TNGX$23M+0.33B1427.0%
MAZE$67M+0.11B171.1%

Losers

TickerPrev $PnLYoY %

Top buys this quarter · 0

No buys this quarter

Top sells this quarter · 1

TNGX Tango Therapeutics, Inc.$70M

Quarterly history (TTM returns)

PeriodAUM# PosReturn (1yr)SPY (1yr)Alpha (1yr)Flow
2026-03-31$267M2+419.69%+17.59%+402.10%-0.03B
2025-12-31$255M2+44.00%+17.72%+26.28%-0.12B
2025-09-30$274M2-41.59%+17.52%-59.11%-0.03B
2025-06-30$163M3-71.85%+14.94%-86.80%+0.00B
2025-03-31$93M3-84.32%+8.30%-92.62%+0.07B
2024-12-31$80M2-59.17%+24.89%-84.06%-0.01B
2024-09-30$162M3-31.71%+36.04%-67.75%-0.02B
2024-06-30$202M3+83.85%+24.49%+59.36%+0.00B
2024-03-31$206M3+48.43%+29.62%+18.80%-0.00B
2023-12-31$246M3+30.31%+26.18%+4.13%-0.00B
2023-09-30$265M3+102.14%+21.57%+80.58%+0.00B
2023-06-30$111M3-5.38%+19.42%-24.81%+0.00B
2023-03-31$140M3-48.89%-7.82%-41.07%-0.03B
2022-12-31$235M5+43.86%+7.56%+36.30%-0.01B
2022-09-30$171M5+12.26%-4.93%+17.19%+0.00B
2022-06-30$152M5-57.27%-16.11%-41.16%+0.04B