SurgoCap Partners LP

All Holdings — 2025 Q4

AI Portfolio Summary
In 2025 Q4, SurgoCap Partners LP maintained a portfolio of 20 distinct positions. The most significant new addition to the portfolio was INTUITIVE SURGICAL I, which now represents 4.12% of the total fund value. They heavily accumulated shares in ALPHABET INC, increasing their position by 42.0%. Conversely, SurgoCap Partners LP completely exited their position in NETFLIX INC.
PCA Score Concentration Risk
Risk ENB
Total Positions
20
Quarter
2025 Q4
Top Holding
GOOG (10.9%)
Top 10 Concentration
80.6%
Turnover Rate
23.4%
Sector HHI
0.18
Items per page:
1-20 of 20
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
GOOG
ALPHABET INC
Communication Services 10.86% 5.96% #1 9
Prev: #10
6.5 370,014 42.0%
P
S
1,250,425 $392,383,365 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
CRS
CARPENTER TECHN...
Industrials 10.05% 8.18% #2 3
Prev: #5
4.0 -46,289 -3.9%
P
S
1,152,606 $362,886,473 2024 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
LPLA
LPL FINL HLDGS ...
Financial Services 9.84% 9.20% #3 1
Prev: #4
5.9 722 0.1%
P
S
995,000 $355,384,150 2023 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
MCK
MCKESSON CORP
Healthcare 9.52% 9.71% #4 2
Prev: #2
3.8 -33,095 -7.3%
P
S
419,166 $343,837,678 2023 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
TSM
TAIWAN SEMICOND...
Technology 9.33% 10.02% #5 4
Prev: #1
3.8 -180,987 -14.0%
P
S
1,109,583 $337,191,178 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
BX
BLACKSTONE INC
Financial Services 8.85% 7.52% #6
Prev: #6
5.6 491,278 31.0%
P
S
2,074,093 $319,700,695 2023 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
BSX
BOSTON SCIENTIF...
Healthcare 6.76% 9.30% #7 4
Prev: #3
2.8 -865,737 -25.3%
P
S
2,559,210 $244,020,674 2025 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
AVGO
BROADCOM INC
Technology 6.42% 6.43% #8 1
Prev: #7
2.6 -31,591 -4.5%
P
S
669,969 $231,876,271 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
NU
NU HLDGS LTD
Financial Services 4.88% 6.23% #9 1
Prev: #8
2.0 -3,485,034 -24.9%
P
S
10,520,395 $176,111,412 2023 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
ISRG
INTUITIVE SURGI...
Healthcare 4.12% #10
Prev: #—
3.6 262,851 no change
NEW
262,851 $148,868,292 2023 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
HLT
HILTON WORLDWID...
Consumer Cyclical 4.01% 4.22% #11 2
Prev: #13
1.6 -80,953 -13.8%
P
S
503,719 $144,693,283 2023 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
GWRE
GUIDEWIRE SOFTW...
Technology 4.00% 4.79% #12 1
Prev: #11
1.6 -30,601 -4.1%
P
S
719,573 $144,641,369 2024 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
NVDA
NVIDIA CORPORAT...
Technology 3.21% #13
Prev: #—
3.3 622,539 no change
NEW
622,539 $116,103,524 2023 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
N/A
NIQ GLOBAL INTE...
Unknown 2.67% 2.56% #14 1
Prev: #15
1.1 no change no change
P
S
5,858,000 $96,598,420 13F Filing 2025-12-31 2026-02-14 (Est.)
AWI
ARMSTRONG WORLD...
Industrials 1.99% #15
Prev: #—
2.8 376,869 no change
NEW
376,869 $72,019,666 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
FIG
FIGMA INC
Technology 1.93% 3.34% #16 2
Prev: #14
0.8 -450,000 -19.4%
P
S
1,867,515 $69,789,036 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
SHOP
SHOPIFY INC
Technology 1.55% #17
Prev: #—
2.6 348,131 no change
NEW
348,131 $56,038,647 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
NFLX
NETFLIX INC
ETF 0.00% 6.20%
Sold All 😨
(Was: #9)
0.3 -185,890 -100.0%
CLOSED
$— 2025 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
META
META PLATFORMS ...
Communication Services 0.00% 4.30%
Sold All 😨
(Was: #12)
0.3 -210,584 -100.0%
CLOSED
$— 2023 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
META
META PLATFORMS ...
CALL
CALL Option 0.00% 2.04%
Sold All 😨
(Was: #16)
0.3 -100,000 -100.0%
CLOSED
$— 2023 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
Showing 1-20 of 20 holdings

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