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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
+6.13%
1 Year Est. Return
-35.51%
3 Year Est. Return
–
5 Year Est. Return
–
10 Year Est. Return
–
AUM
$39.5M
AUM Growth
-$203M
Cap. Flow
-$206M
Cap. Flow %
-521.12%
Top 10 Hldgs %
100%
Holding
4
New
–
Increased
–
Reduced
–
Closed
3

Top Buys

No buys this quarter

Top Sells

Rank Stock Value
1
ROVR
Rover Group, Inc. Class A Common Stock
ROVR
+$191M
2
XMTR icon
Xometry
XMTR
+$14.4M
3
MKUL
Molekule Group, Inc. Common Stock
MKUL
+$72.2K

Sector Composition

Rank Sector Weight
1 Technology 100%
2 Consumer Discretionary 0%
3 Industrials 0%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
AVDX
1
DELISTED
AvidXchange
AVDX
$39.5M 100%
3,000,000
– –
XMTR icon
2
Xometry
XMTR
$4.58B
– –
-400,000
Closed -$14.4M
ROVR
3
DELISTED
Rover Group, Inc. Class A Common Stock
ROVR
– –
-17,568,687
Closed -$191M
MKUL
4
DELISTED
Molekule Group, Inc. Common Stock
MKUL
– –
-7,217,710
Closed -$72.2K

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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 Q1 2024 Portfolio in Review

As of Q1 2024, Foundry Group Next held 4 positions worth $39.5M, down 84% from $243M the previous quarter. Its ten largest holdings account for 100% of the portfolio.

Foundry Group Next withdrew a net $206M in Q1 2024, closing 3 positions. Its most notable exit was Rover Group, Inc. Class A Common Stock, an estimated $191M position sold in full.

By sector, the portfolio is most concentrated in Technology at 100% of assets, up from 15% a quarter earlier, followed by Consumer Discretionary and Industrials.

  • Foundry Group Next fully exited Rover Group, Inc. Class A Common Stock in Q1 2024, selling an estimated $191M.
  • Foundry Group Next's ten largest holdings make up 100% of its $39.5M portfolio in Q1 2024.
  • Foundry Group Next opened 0 new positions and closed 3 in Q1 2024.
  • Foundry Group Next's portfolio value fell 84% quarter-over-quarter to $39.5M.

Based on Foundry Group Next's 13F filing for Q1 2024, filed 9 May 2024.