Institutional Manager · CIK 0001540358
AH CAPITAL MANAGEMENT, L.L.C.
MENLO PARK, CA · File #028-23922
Latest AUM
$1.58B
Positions
13
Top-10 Concentration
99.3%
Filings
9
Portfolio Value Over Time
2024-03
2024-06
2024-09
2024-12
2025-03
2025-06
2025-09
2025-12
Biggest QoQ Changes
Ranked by conviction flow (share change × current price) so mark-to-market moves don't dominate. Price effect column shows how much of the $ change was just the stock moving.
| Action | Issuer | Ticker / CUSIP | Δ Shares | Flow ($) | Price Effect |
|---|---|---|---|---|---|
| NEW | NAVAN INC | NAVN | +27,195,364 | +$464.5M | $0 |
| REDUCE | REVOLUTION MEDICINES INC | RVMDW | -1,827,424 | -$145.6M | +$90.6M |
| REDUCE | OMADA HEALTH INC | OMDA | -1,153,645 | -$18.2M | -$29.2M |
| NEW | HERITAGE COMM CORP | HTBK | +82,740 | +$129,074 | $0 |
| REDUCE | BIOAGE LABS INC | BIOA | 0 | $0 | +$25.1M |
| REDUCE | BLOCK INC | BSQKZ | 0 | $0 | -$7.3M |
| REDUCE | CAMP4 THERAPEUTICS CORP | CAMP | 0 | $0 | +$6.7M |
| REDUCE | ERASCA INC | ERAS | 0 | $0 | +$4.4M |
| REDUCE | FIGMA INC | FIG | 0 | $0 | -$235.6M |
| REDUCE | GINKGO BIOWORKS HOLDINGS INC | DNABW | 0 | $0 | -$680,721 |
Sector Allocation
Filing History
- 13F HOLDINGS REPORTQ/E Dec 202513 pos · $1.58B
- 13F HOLDINGS REPORTQ/E Sep 202511 pos · $1.39B
- 13F HOLDINGS REPORTQ/E Jun 202510 pos · $312.9M
- 13F HOLDINGS REPORTQ/E Mar 202513 pos · $700.9M
- 13F HOLDINGS REPORTQ/E Dec 202412 pos · $745.3M
- 13F HOLDINGS REPORTQ/E Sep 202413 pos · $1.14B
- 13F HOLDINGS REPORTQ/E Jun 202413 pos · $1.17B
- 13F HOLDINGS REPORTQ/E Mar 202413 pos · $1.38B
- 13F HOLDINGS REPORT (Amended)Q/E Mar 202416 pos · $1.62B
Top 13 Holdings — Dec 2025
| # | Issuer | Ticker | Shares | Value | % of Portfolio |
|---|---|---|---|---|---|
| 1 | FIGMA INC | FIG | 16,246,129 | $607.1M | 38.43% |
| 2 | NAVAN INC | NAVN | 27,195,364 | $464.5M | 29.40% |
| 3 | META PLATFORMS INC | META | 212,531 | $140.3M | 8.88% |
| 4 | REVOLUTION MEDICINES INC | RVMDW | 921,099 | $73.4M | 4.64% |
| 5 | MAZE THERAPEUTICS INC | MAZE | 1,702,225 | $70.5M | 4.46% |
| 6 | BLOCK INC | BSQKZ | 1,016,697 | $66.2M | 4.19% |
| 7 | OMADA HEALTH INC | OMDA | 3,460,929 | $54.6M | 3.46% |
| 8 | BIOAGE LABS INC | BIOA | 3,233,170 | $44.1M | 2.79% |
| 9 | NAUTILUS BIOTECHNOLOGY INC | NAUT | 17,653,917 | $34.4M | 2.18% |
| 10 | CAMP4 THERAPEUTICS CORP | CAMP | 2,125,339 | $13.0M | 0.82% |
| 11 | ERASCA INC | ERAS | 2,862,500 | $10.6M | 0.67% |
| 12 | GINKGO BIOWORKS HOLDINGS INC | DNABW | 108,568 | $902,200 | 0.06% |
| 13 | HERITAGE COMM CORP | HTBK | 82,740 | $129,074 | 0.01% |