BRANDYWINE MANAGERS, LLC Concentrated Active

Period: Q4 2025 (← Previous)

Filing Date: Feb 13, 2026

Total Value ($000): $202,257 (100.0% shares, 0.0% debt)

Holdings (38)

New Positions (1)

Value ($000) $92,793 Shares 3,329,500 Est. Cost $30.06 Unrealized 0.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
CPB	THE CAMPBELLS COMPANY	3,329,500	$92,793	45.9%	$30.06	0.0%	COM	134429109

Increased Positions (3)

GPCR STRUCTURE THERAPEUTICS INC 0.5%

Value ($000) $929 (+200.1%) Shares 13,357 (+20.8%) Est. Cost $53.04 Unrealized —

NOW SERVICENOW INC 0.3%

Value ($000) $684 (-16.8%) Shares 4,465 (+400.0%) Est. Cost $142.65 Unrealized +20.3%

FIG FIGMA INC 0.3%

Value ($000) $640 (-14.8%) Shares 17,130 (+18.3%) Est. Cost $65.02 Unrealized -30.5%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
GPCR	STRUCTURE THERAPEUTICS INC	13,357 (+20.8%)	$929 (+200.1%)	0.5%	$53.04	—	SPONSORED ADS	86366E106
NOW	SERVICENOW INC	4,465 (+400.0%)	$684 (-16.8%)	0.3%	$142.65	+20.3%	COM	81762P102
FIG	FIGMA INC	17,130 (+18.3%)	$640 (-14.8%)	0.3%	$65.02	-30.5%	CLASS A COM STK	316841105

Decreased Positions (5)

NTRA NATERA INC 1.8%

Value ($000) $3,571 (+40.5%) Shares 15,588 (-1.3%) Est. Cost $24.08 Unrealized +766.1%

ALNY ALNYLAM PHARMACEUTICALS INC 0.7%

Value ($000) $1,439 (-15.1%) Shares 3,618 (-2.7%) Est. Cost $104.19 Unrealized +324.8%

ISRG INTUITIVE SURGICAL INC 0.6%

Value ($000) $1,234 (+21.1%) Shares 2,178 (-4.4%) Est. Cost $286.24 Unrealized +86.0%

OKTA OKTA INC 0.2%

Value ($000) $338 (-12.4%) Shares 3,909 (-7.1%) Est. Cost $44.69 Unrealized +95.3%

NVDA NVIDIA CORPORATION 1.8%

Value ($000) $3,620 (-1.1%) Shares 19,410 (-1.0%) Est. Cost $92.68 Unrealized +100.8%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
NTRA	NATERA INC	15,588 (-1.3%)	$3,571 (+40.5%)	1.8%	$24.08	+766.1%	COM	632307104
ALNY	ALNYLAM PHARMACEUTICALS INC	3,618 (-2.7%)	$1,439 (-15.1%)	0.7%	$104.19	+324.8%	COM	02043Q107
ISRG	INTUITIVE SURGICAL INC	2,178 (-4.4%)	$1,234 (+21.1%)	0.6%	$286.24	+86.0%	COM NEW	46120E602
OKTA	OKTA INC	3,909 (-7.1%)	$338 (-12.4%)	0.2%	$44.69	+95.3%	CL A	679295105
NVDA	NVIDIA CORPORATION	19,410 (-1.0%)	$3,620 (-1.1%)	1.8%	$92.68	+100.8%	COM	67066G104

Unchanged Positions (29)

PATH UIPATH INC 8.2%

Value ($000) $16,549 Shares 1,009,684 Est. Cost $37.07 Unrealized -58.0%

ACWI ISHARES TR 20.5%

Value ($000) $41,553 Shares 293,679 Est. Cost $96.89 Unrealized —

CRWD CROWDSTRIKE HLDGS INC 7.5%

Value ($000) $15,171 Shares 32,364 Est. Cost $176.07 Unrealized +189.2%

ZS ZSCALER INC 0.9%

Value ($000) $1,880 Shares 8,359 Est. Cost $70.74 Unrealized +299.0%

UBER UBER TECHNOLOGIES INC 1.2%

Value ($000) $2,399 Shares 29,354 Est. Cost $35.67 Unrealized +152.5%

GH GUARDANT HEALTH INC 0.5%

Value ($000) $1,035 Shares 10,133 Est. Cost $50.91 Unrealized +75.7%

MDB MONGODB INC 0.7%

Value ($000) $1,478 Shares 3,521 Est. Cost $284.89 Unrealized +27.7%

AMD ADVANCED MICRO DEVICES INC 0.8%

Value ($000) $1,520 Shares 7,098 Est. Cost $121.85 Unrealized +84.3%

RNA AVIDITY BIOSCIENCES INC 0.4%

Value ($000) $905 Shares 12,540 Est. Cost $40.43 Unrealized +59.8%

LLY ELI LILLY & CO 0.4%

Value ($000) $749 Shares 697 Est. Cost $806.47 Unrealized +18.5%

VEEV VEEVA SYS INC 0.3%

Value ($000) $616 Shares 2,759 Est. Cost $109.71 Unrealized +141.9%

CRM SALESFORCE INC 0.9%

Value ($000) $1,831 Shares 6,913 Est. Cost $246.77 Unrealized +0.6%

NET CLOUDFLARE INC 1.0%

Value ($000) $1,953 Shares 9,906 Est. Cost $80.68 Unrealized +162.2%

RLAY RELAY THERAPEUTICS INC 0.2%

Value ($000) $325 Shares 38,429 Est. Cost $30.81 Unrealized -76.8%

VKTX VIKING THERAPEUTICS INC 0.2%

Value ($000) $433 Shares 12,301 Est. Cost $27.53 Unrealized +28.7%

PD PAGERDUTY INC 0.2%

Value ($000) $400 Shares 30,517 Est. Cost $33.26 Unrealized -56.2%

TWLO TWILIO INC 0.2%

Value ($000) $335 Shares 2,357 Est. Cost $91.39 Unrealized +35.5%

TXG 10X GENOMICS INC 0.2%

Value ($000) $309 Shares 18,938 Est. Cost $50.71 Unrealized -70.2%

KVYO KLAVIYO INC 0.3%

Value ($000) $564 Shares 17,384 Est. Cost $35.09 Unrealized -20.2%

HTFL HEARTFLOW INC 0.2%

Value ($000) $489 Shares 16,774 Est. Cost $32.24 Unrealized -0.1%

TWST TWIST BIOSCIENCE CORP 0.3%

Value ($000) $665 Shares 20,970 Est. Cost $26.19 Unrealized +19.1%

DDOG DATADOG INC 0.7%

Value ($000) $1,373 Shares 10,100 Est. Cost $62.46 Unrealized +153.0%

BEAM BEAM THERAPEUTICS INC 0.3%

Value ($000) $516 Shares 18,606 Est. Cost $22.53 Unrealized +13.2%

IOT SAMSARA INC 0.5%

Value ($000) $1,098 Shares 30,970 Est. Cost $25.08 Unrealized +54.3%

ABCL ABCELLERA BIOLOGICS INC 0.0%

Value ($000) $97 Shares 28,488 Est. Cost $23.71 Unrealized -81.2%

SDGR SCHRODINGER INC 0.2%

Value ($000) $373 Shares 20,886 Est. Cost $51.75 Unrealized -63.4%

MRNA MODERNA INC 0.1%

Value ($000) $280 Shares 9,510 Est. Cost $22.03 Unrealized +23.3%

SNOW SNOWFLAKE INC 0.5%

Value ($000) $1,094 Shares 4,988 Est. Cost $141.08 Unrealized +73.0%

MA MASTERCARD INCORPORATED 0.5%

Value ($000) $1,019 Shares 1,785 Est. Cost $337.29 Unrealized +65.7%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
PATH	UIPATH INC	1,009,684	$16,549	8.2%	$37.07	-58.0%	CL A	90364P105
ACWI	ISHARES TR	293,679	$41,553	20.5%	$96.89	—	MSCI ACWI ETF	464288257
CRWD	CROWDSTRIKE HLDGS INC	32,364	$15,171	7.5%	$176.07	+189.2%	CL A	22788C105
ZS	ZSCALER INC	8,359	$1,880	0.9%	$70.74	+299.0%	COM	98980G102
UBER	UBER TECHNOLOGIES INC	29,354	$2,399	1.2%	$35.67	+152.5%	COM	90353T100
GH	GUARDANT HEALTH INC	10,133	$1,035	0.5%	$50.91	+75.7%	COM	40131M109
MDB	MONGODB INC	3,521	$1,478	0.7%	$284.89	+27.7%	CL A	60937P106
AMD	ADVANCED MICRO DEVICES INC	7,098	$1,520	0.8%	$121.85	+84.3%	COM	007903107
RNA	AVIDITY BIOSCIENCES INC	12,540	$905	0.4%	$40.43	+59.8%	COM	05370A108
LLY	ELI LILLY & CO	697	$749	0.4%	$806.47	+18.5%	COM	532457108
VEEV	VEEVA SYS INC	2,759	$616	0.3%	$109.71	+141.9%	CL A COM	922475108
CRM	SALESFORCE INC	6,913	$1,831	0.9%	$246.77	+0.6%	COM	79466L302
NET	CLOUDFLARE INC	9,906	$1,953	1.0%	$80.68	+162.2%	CL A COM	18915M107
RLAY	RELAY THERAPEUTICS INC	38,429	$325	0.2%	$30.81	-76.8%	COM	75943R102
VKTX	VIKING THERAPEUTICS INC	12,301	$433	0.2%	$27.53	+28.7%	COM	92686J106
PD	PAGERDUTY INC	30,517	$400	0.2%	$33.26	-56.2%	COM	69553P100
TWLO	TWILIO INC	2,357	$335	0.2%	$91.39	+35.5%	CL A	90138F102
TXG	10X GENOMICS INC	18,938	$309	0.2%	$50.71	-70.2%	CL A COM	88025U109
KVYO	KLAVIYO INC	17,384	$564	0.3%	$35.09	-20.2%	COM SER A	49845K101
HTFL	HEARTFLOW INC	16,774	$489	0.2%	$32.24	-0.1%	COM	42238D107
TWST	TWIST BIOSCIENCE CORP	20,970	$665	0.3%	$26.19	+19.1%	COM	90184D100
DDOG	DATADOG INC	10,100	$1,373	0.7%	$62.46	+153.0%	CL A COM	23804L103
BEAM	BEAM THERAPEUTICS INC	18,606	$516	0.3%	$22.53	+13.2%	COM	07373V105
IOT	SAMSARA INC	30,970	$1,098	0.5%	$25.08	+54.3%	COM CL A	79589L106
ABCL	ABCELLERA BIOLOGICS INC	28,488	$97	0.0%	$23.71	-81.2%	COM	00288U106
SDGR	SCHRODINGER INC	20,886	$373	0.2%	$51.75	-63.4%	COM	80810D103
MRNA	MODERNA INC	9,510	$280	0.1%	$22.03	+23.3%	COM	60770K107
SNOW	SNOWFLAKE INC	4,988	$1,094	0.5%	$141.08	+73.0%	COM SHS	833445109
MA	MASTERCARD INCORPORATED	1,785	$1,019	0.5%	$337.29	+65.7%	CL A	57636Q104