Institutional Manager · CIK 0001964563
MADRONE ADVISORS, LLC
Denver, CO · File #028-22932
Latest AUM
$1.62B
Positions
5
Top-10 Concentration
100.0%
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 |
|---|---|---|---|---|---|
| REDUCE | QXO INC | QXO-PB | -4,426,196 | -$85.4M | +$2.2M |
| ADD | VANGUARD INTL EQUITY INDEX F | 922042742 | +255,877 | +$36.1M | +$1.4M |
| EXITED | PACIFIC BIOSCIENCES CALIF IN | 69404D108 | -4,976,089 | -$6.4M | $0 |
| REDUCE | FIGMA INC | FIG | 0 | $0 | -$7.8M |
| REDUCE | STONECO LTD | STNE | 0 | $0 | -$104.4M |
| REDUCE | STUBHUB HLDGS INC | STUB | 0 | $0 | -$250.8M |
Sector Allocation
Filing History
- 13F HOLDINGS REPORTQ/E Dec 20255 pos · $1.62B
- 13F HOLDINGS REPORTQ/E Sep 20256 pos · $2.03B
- 13F HOLDINGS REPORTQ/E Jun 20255 pos · $719.6M
- 13F HOLDINGS REPORTQ/E Mar 20256 pos · $597.0M
- 13F HOLDINGS REPORTQ/E Dec 20246 pos · $524.8M
- 13F HOLDINGS REPORTQ/E Sep 20246 pos · $626.2M
- 13F HOLDINGS REPORTQ/E Jun 20246 pos · $569.5M
- 13F HOLDINGS REPORTQ/E Mar 20246 pos · $729.9M
- 13F HOLDINGS REPORTQ/E Dec 20238 pos · $465.2M
Top 5 Holdings — Dec 2025
| # | Issuer | Ticker | Shares | Value | % of Portfolio |
|---|---|---|---|---|---|
| 1 | STUBHUB HLDGS INC | STUB | 75,780,055 | $1.03B | 63.41% |
| 2 | STONECO LTD | STNE | 25,339,276 | $374.8M | 23.18% |
| 3 | QXO INC | QXO-PB | 5,115,198 | $98.7M | 6.10% |
| 4 | VANGUARD INTL EQUITY INDEX F | 922042742 | 695,893 | $98.2M | 6.07% |
| 5 | FIGMA INC | FIG | 538,956 | $20.1M | 1.25% |