Madrone Advisors, LLC Long-Term Concentrated

Location: Denver, CO

CIK: 0001964563 · Show all filings

Period: Q1 2026 (← Previous)

Filing Date: May 14, 2026

Total Value ($000): $1,027,795 (100.0% shares, 0.0% debt)

Holdings (5)

Increased Positions (1)

VT VANGUARD INTL EQUITY INDEX F 10.1%

Value ($000) $103,884 (+5.8%) Shares 751,043 (+7.9%) Est. Cost $121.69 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
VT	VANGUARD INTL EQUITY INDEX F	751,043 (+7.9%)	$103,884 (+5.8%)	10.1%	$121.69	—	TT WRLD ST ETF	922042742

Decreased Positions (1)

QXO QXO INC 8.0%

Value ($000) $81,859 (-17.0%) Shares 4,215,198 (-17.6%) Est. Cost $29.17 Unrealized -17.2%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
QXO	QXO INC	4,215,198 (-17.6%)	$81,859 (-17.0%)	8.0%	$29.17	-17.2%	COM NEW	82846H405

Unchanged Positions (3)

STUB STUBHUB HLDGS INC 46.0%

Value ($000) $472,868 Shares 75,780,055 Est. Cost $18.34 Unrealized -34.3%

STNE STONECO LTD 34.8%

Value ($000) $357,791 Shares 25,339,276 Est. Cost $9.44 Unrealized —

FIG FIGMA INC 1.1%

Value ($000) $11,394 Shares 538,956 Est. Cost $68.66 Unrealized -58.6%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
STUB	STUBHUB HLDGS INC	75,780,055	$472,868	46.0%	$18.34	-34.3%	CL A	86384P109
STNE	STONECO LTD	25,339,276	$357,791	34.8%	$9.44	—	COM CL A	G85158106
FIG	FIGMA INC	538,956	$11,394	1.1%	$68.66	-58.6%	CLASS A COM STK	316841105