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FGN

Foundry Group Next Portfolio holdings

AUM $21.1M
1-Year Est. Return 35.51%
This Fund
S&P 500
This Quarter Est. Return
+69.39%
1 Year Est. Return
-35.51%
3 Year Est. Return
–
5 Year Est. Return
–
10 Year Est. Return
–
AUM
$243M
AUM Growth
+$70.1M
Cap. Flow
-$34.8M
Cap. Flow %
-14.34%
Top 10 Hldgs %
100%
Holding
5
New
–
Increased
–
Reduced
2
Closed
1

Top Buys

No buys this quarter

Top Sells

Rank Stock Value
1
ROVR
Rover Group, Inc. Class A Common Stock
ROVR
+$22.8M
2
XMTR icon
Xometry
XMTR
+$11.9M
3
TWAV
TaoWeave Inc
TWAV
+$48.7K

Sector Composition

Rank Sector Weight
1 Consumer Discretionary 78.74%
2 Technology 15.31%
3 Industrials 5.95%
4 Financials 0%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
ROVR
1
DELISTED
Rover Group, Inc. Class A Common Stock
ROVR
$191M 78.74%
17,568,687
-2,700,000
-13% -$22.8M
AVDX
2
DELISTED
AvidXchange
AVDX
$37.2M 15.31%
3,000,000
– –
XMTR icon
3
Xometry
XMTR
$4.58B
$14.4M 5.92%
400,000
-555,602
-58% -$11.9M
MKUL
4
DELISTED
Molekule Group, Inc. Common Stock
MKUL
$72.2K 0.03%
7,217,710
– –
TWAV
5
TaoWeave Inc
TWAV
$4.18M
– –
-2,896
Closed -$48.7K

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CJL
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GDCML
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TC
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OWP
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MECA
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SC
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Foundry Group Next's Q4 2023 Portfolio in Review

As of Q4 2023, Foundry Group Next held 5 positions worth $243M, up 41% from $173M the previous quarter. Its ten largest holdings account for 100% of the portfolio.

Foundry Group Next withdrew a net $34.8M in Q4 2023, closing 1 position and reducing 2 holdings. Its most notable exit was TaoWeave Inc, an estimated $48.7K position sold in full.

By sector, the portfolio is most concentrated in Consumer Discretionary at 79% of assets, up from 73% a quarter earlier, followed by Technology and Industrials.

  • Foundry Group Next's biggest Q4 2023 reduction was Rover Group, Inc. Class A Common Stock, cutting an estimated $22.8M.
  • Foundry Group Next fully exited TaoWeave Inc in Q4 2023, selling an estimated $48.7K.
  • Foundry Group Next's ten largest holdings make up 100% of its $243M portfolio in Q4 2023.
  • Foundry Group Next opened 0 new positions and closed 1 in Q4 2023.
  • Foundry Group Next's portfolio value rose 41% quarter-over-quarter to $243M.

Based on Foundry Group Next's 13F filing for Q4 2023, filed 14 Feb 2024.