Madrone Advisors, LLC
Annual return '25
+31.2%
SPY '25
+17.7%
Alpha
+13.5ptsvs SPY
Invested
$1B
Holdings
5
Trades YTD
0
Performance · Fund vs SPY
Cumulative return · quarterly snapshotsCoverage 100%. 4 quarters of 2025 measured against SPY adj-close benchmark.
Top holdings · current snapshot
Source: 13F-HR01
$STUB
STUBHUB HLDGS INC
Q1 2026: Exited (was 75.78M shares)
46.0%
02
$STNE
STONECO LTD
Q1 2026: Sold 100.0% (25.34M → 136 shares)
34.8%
03
$VT
VANGUARD INTL EQUITY INDEX F
Q1 2026: Exited (was 695.9k shares)
10.1%
04
$QXO
QXO INC
Q1 2026: Sold 100.0% (5.12M → 40 shares)
8.0%
05
$FIG
FIGMA INC
Q1 2026: Exited (was 539.0k shares)
1.1%
Recent trades · Last 90 days
No Form 4 / 13D / 13G trade events on file in the recent window. 13F filers report position snapshots quarterly rather than per-trade events, so this section is most useful for managers who also file Form 4 or 13D/G.
Convergence · Pattern Engine ships in v1.1
30-day windowIn development
Convergence participation lands with the Pattern Engine.
Once the Pattern Engine ships, this section will list every active convergence event this fund is named in — with the other named funds, the Congress members on the same name, and combined position size.
Source data: SEC EDGAR · 13F-HR filings · Performance through 2025-12-31 · Last refreshed 12:53 UTC.