Stocks/Funds/CIK 2112250

Civilization Ventures Management, LLC

microcap filerconcentrated
Quarterly 13F filings · Latest period 2026-03-31 · CIK 2112250
Assets
$88M
Holdings
2
Lifetime alpha vs market
-9.89% annual
Average hold time
0.5 yr
median 0.5 yr

Quarterly history

Cum return -7% vs S&P -4% · α -2% lifetimeAUM $88M · peak $166MFlow $-67M (-40%)2025-122026-03
AUM ($B)fundS&P 500(gap = α)/ Flow in/out

Behavior signals (lifetime)

Dip response
-94.16%
trims when stocks drop
when a holding falls −10%+
Middle response
+0.00%
baseline attrition
Rally response
—
—
when a holding rises +10%+

Top positions · 2

Ticker$ value% portYoYHold time
BLLNBillionToOne, Inc.$87M98.7%—0.5 yr
OMDAOmada Health$1M1.3%—0.5 yr

Portfolio composition (YoY)

Industry mix
Medical - Diagnostics & Research98.7%$87M
Medical - Healthcare Information Services1.3%$1M
Country
US100.0%
Top 5: 100.0% · Top 10: 100.0% · Top 25: 100.0%

Winners

TickerPrev $PnLYoY %

Losers

TickerPrev $PnLYoY %

Top buys this quarter · 0

No buys this quarter

Top sells this quarter · 2

NTRA Natera, Inc.exit−$46M
OMDA Omada Health−$18M

Quarterly history (TTM returns)

PeriodAUM# PosReturn (1yr)SPY (1yr)Alpha (1yr)Flow
2026-03-31$88M2-6.83%-4.37%-2.46%-0.07B
2025-12-31$166M3————