Tao Capital Management LP Long-Term Concentrated

CIK: 0001802967 · Show all filings

Period: Q4 2025 (← Previous)

Filing Date: Feb 17, 2026

Total Value ($000): $116,179 (100.0% shares, 0.0% debt)

Holdings (8)

Exited Positions (2)

SONDQ Sonder Holdings Inc. 0.1%

Value ($000) $102 Shares 80,188 Est. Cost $9.74 Unrealized -95.2%

DNA Ginkgo Bioworks Holdings, Inc. 0.1%

Value ($000) $83 Shares 5,683 Est. Cost $10.02 Unrealized +7.4%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
SONDQ	Sonder Holdings Inc.	80,188	$102	0.1%	$9.74	-95.2%	—	83542D300
DNA	Ginkgo Bioworks Holdings, Inc.	5,683	$83	0.1%	$10.02	+7.4%	—	37611X209

Decreased Positions (2)

OUST Ouster, Inc. 15.7%

Value ($000) $18,293 (-39.9%) Shares 845,316 (-24.9%) Est. Cost $5.54 Unrealized +377.1%

MDGL Madrigal Pharmaceuticals, Inc. 10.5%

Value ($000) $12,229 (-35.0%) Shares 21,000 (-48.8%) Est. Cost $130.16 Unrealized +292.4%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
OUST	Ouster, Inc.	845,316 (-24.9%)	$18,293 (-39.9%)	15.7%	$5.54	+377.1%	Common Stock	68989M202
MDGL	Madrigal Pharmaceuticals, Inc.	21,000 (-48.8%)	$12,229 (-35.0%)	10.5%	$130.16	+292.4%	Common Stock	558868105

Unchanged Positions (6)

TWST Twist Bioscience Corporation 22.6%

Value ($000) $26,290 Shares 828,815 Est. Cost $23.40 Unrealized +33.3%

MASS 908 Devices Inc. 2.6%

Value ($000) $2,987 Shares 568,981 Est. Cost $58.41 Unrealized -88.0%

H Hyatt Hotels Corporation 9.7%

Value ($000) $11,222 Shares 70,000 Est. Cost $76.75 Unrealized +99.5%

TXG 10x Genomics, Inc. 3.0%

Value ($000) $3,439 Shares 210,862 Est. Cost $13.04 Unrealized +15.9%

WRBY Warby Parker Inc. 2.5%

Value ($000) $2,930 Shares 134,473 Est. Cost $53.77 Unrealized -59.5%

TSLA Tesla, Inc. 33.4%

Value ($000) $38,788 Shares 86,250 Est. Cost $212.32 Unrealized +108.8%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
TWST	Twist Bioscience Corporation	828,815	$26,290	22.6%	$23.40	+33.3%	Common Stock	90184D100
MASS	908 Devices Inc.	568,981	$2,987	2.6%	$58.41	-88.0%	Common Stock	65443P102
H	Hyatt Hotels Corporation	70,000	$11,222	9.7%	$76.75	+99.5%	Class B Common Stock	448579102
TXG	10x Genomics, Inc.	210,862	$3,439	3.0%	$13.04	+15.9%	Class A Common Stock	88025U109
WRBY	Warby Parker Inc.	134,473	$2,930	2.5%	$53.77	-59.5%	Class A Common Stock	93403J106
TSLA	Tesla, Inc.	86,250	$38,788	33.4%	$212.32	+108.8%	Common Stock	88160R101