Aug. 27 at 4:21 PM
$IFRX RA involvement greatly overlooked.
Of the 63 stocks in the RA portfolio —-the biggest holding as a % of total portfolio is
$ASND at 29.89% or
$1.7b staring in 2015 at
$17/ share. Yes they average up.
The smallest holding as a % of the total portfolio is Inflarx .0262% or
$1.6m
The average of 63 holdings is
$94M
Many of the 63 holdings represent 10%+ of outstanding shares.
They don’t buy small companies unless they expect big things.
https://www.racap.com/faq
Q: When deciding how much to invest, we focus on whether the return *is likely to be impactful for our fund.*
“That means that we might invest a small amount in a very small company, maybe even under
$1M in a seed round, or a larger amount in a large company that we think has a lot of upside (we have invested as much as
$75M in a single round). But we are unlikely to invest a small amount in a large company (e.g.
$5M in a
$500M to own 1%) unless it’s just the first step towards establishing greater ownership”.
