Madrone Advisors, LLC

All Holdings — 2025 Q4

Portfolio Concentration Analytics: 7.6
Risk-based ENB:
Total Positions
6
Quarter
2025 Q4
Top Holding
STUB (63.4%)
Top 10 Concentration
100.0%
Turnover Rate
23.4%
Sector HHI
0.18
Items per page:
1-6 of 6
Stock History Sector / Type Port % Prev % Rank / Prev Conviction Change % Change Influence Shares Mkt Value Avg Cost Price Held 1st Owned Source Source Date Date Reported
STUB
86384P109
Communication Services 63.41% 62.80% #1
Prev: #1
10.0 no change no change
P
S
75,780,055 $1,025,304,144 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
STNE
G85158106
Technology 23.18% 23.58% #2
Prev: #2
9.3 no change no change
P
S
25,339,276 $374,767,892 2022 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
QXO
82846H405
Industrials 6.10% 8.95% #3
Prev: #3
2.6 -4,426,196 -46.4%
P
S
5,115,198 $98,672,169 2024 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
VT
922042742
ETF 6.07% 2.98% #4
Prev: #4
4.6 255,877 58.2%
P
S
695,893 $98,162,667 2022 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
FIG
316841105
Technology 1.25% 1.38% #5
Prev: #5
0.5 no change no change
P
S
538,956 $20,140,786 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
PACB
69404D108
Healthcare 0.00% 0.31%
Sold All 😨
(Was: #6)
0.3 -4,976,089 -100.0%
CLOSED
$— 2022 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
Showing 1-6 of 6 holdings

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