Q3 2025 · 13F-HR
Madrone Advisors, LLCholdings as filed
Filed 2025-11-14 · accession 0001964563-25-000008
$2.03B
Reported value
6
Positions
2025-09-30
Period end
The Brief · Madrone Advisors, LLC · Q3 2025
AI · grounded in 13F
Madrone Advisors, LLC established a new position in STUB valued at $1.28B. The fund also initiated new holdings in STNE for $479.2M and QXO for $181.9M. Additional new positions include VT, FIG, and PACB.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 86384P109 | STUB | STUBHUB HLDGS INC | $1.28B | 62.8% | 75,780,055 | Common | SOLE |
| G85158106 | STNE | STONECO LTD | $479.2M | 23.6% | 25,339,276 | Common | SOLE |
| 82846H405 | QXO | QXO INC | $181.9M | 8.95% | 9,541,394 | Common | SOLE |
| 922042742 | VT | VANGUARD INTL EQUITY INDEX F | $60.6M | 2.98% | 440,016 | Common | SOLE |
| 316841105 | FIG | FIGMA INC | $28.0M | 1.38% | 538,956 | Common | SOLE |
| 69404D108 | PACB | PACIFIC BIOSCIENCES CALIF IN | $6.4M | 0.31% | 4,976,089 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.