Red Tree Management, LLC

**Red Tree Management, LLC** manages $109M across a concentrated portfolio of three key positions. The fund exhibits significant overweighting in BCAX, representing $53.4M, followed closely by CBLL at $48.4M. This structure indicates a focused, high-conviction approach, with the remaining allocation weighted toward CTNM at $7.3M. The current positioning suggests a deep commitment to specific, large-cap names within its investment mandate.

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