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Pathway Capital Management Portfolio holdings
AUM
$23.9M
1-Year Est. Return
81.94%
This Fund
S&P 500
This Quarter
Est. Return
+24.3%
1 Year Est. Return
+81.94%
3 Year Est. Return
+629.07%
5 Year Est. Return
+429.81%
10 Year Est. Return
–
AUM
$89.4M
AUM Growth
+$47.4M
(+113%)
Cap. Flow
+$38.2M
Cap. Flow
% of AUM
42.74%
Top 10 Holdings %
Top 10 Hldgs %
97.02%
Holding
19
New
12
Increased
–
Reduced
1
Closed
6
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Spotify
SPOT
|
+$25.3M |
| 2 |
Snowflake
SNOW
|
+$13.4M |
| 3 |
Broadcom
AVGO
|
+$8.78M |
| 4 |
HCP
HashiCorp, Inc. Class A Common Stock
HCP
|
+$7.97M |
| 5 |
Braze
BRZE
|
+$7.79M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Toast
TOST
|
+$21.9M |
| 2 |
CrowdStrike
CRWD
|
+$8.52M |
| 3 |
Sprinklr
CXM
|
+$3.66M |
| 4 |
JFrog
FROG
|
+$2.76M |
| 5 |
Amplitude
AMPL
|
+$2.66M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 48.98% |
| 2 | Communication Services | 33.55% |
| 3 | Healthcare | 9.31% |
| 4 | Consumer Staples | 4.45% |
| 5 | Financials | 2.8% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Spotify
SPOT
$97.7B
| $27.3M | 30.49% |
+145,048
| New | +$25.3M |
|
|
2
Snowflake
SNOW
$110B
| $15.7M | 17.58% |
+78,975
| New | +$13.4M |
|
|
3
Broadcom
AVGO
$2T
| $10.4M | 11.58% |
+92,730
| New | +$8.78M |
|
|
HCP
4
DELISTED
HashiCorp, Inc. Class A Common Stock
HCP
| $8.7M | 9.73% |
+367,964
| New | +$7.97M |
|
|
5
Braze
BRZE
$2.9B
| $8.38M | 9.37% |
+157,649
| New | +$7.79M |
|
6
Mirum Pharmaceuticals
MIRM
$5.74B
| $5.62M | 6.28% |
+190,286
| New | +$5.76M |
|
|
UDMY
7
DELISTED
Udemy
UDMY
| $3.98M | 4.46% |
+270,388
| New | +$3.37M |
|
8
Roblox
RBLX
$25.7B
| $2.74M | 3.07% |
+59,973
| New | +$2.22M |
|
9
Robinhood
HOOD
$81.6B
| $2.5M | 2.8% |
+196,535
| New | +$1.95M |
|
10
Denali Therapeutics
DNLI
$3.92B
| $1.49M | 1.67% |
+69,450
| New | +$1.38M |
|
11
Scholar Rock
SRRK
$6.41B
| $1.22M | 1.36% |
+64,873
| New | +$806K |
|
12
Airbnb
ABNB
$90B
| $804K | 0.9% |
5,903
-906
| -13% | -$117K |
|
|
CFLT
13
DELISTED
Confluent
CFLT
| $644K | 0.72% |
+27,528
| New | +$665K |
|
14
Affirm
AFRM
$25.6B
| – | – |
-72,883
| Closed | -$1.55M |
|
|
15
Amplitude
AMPL
$1.35B
| – | – |
-229,769
| Closed | -$2.66M |
|
|
16
CrowdStrike
CRWD
$211B
| – | – |
-203,532
| Closed | -$8.52M |
|
|
17
Sprinklr
CXM
$1.55B
| – | – |
-264,778
| Closed | -$3.66M |
|
|
18
JFrog
FROG
$10.1B
| – | – |
-108,684
| Closed | -$2.76M |
|
|
19
Toast
TOST
$20.1B
| – | – |
-1,168,871
| Closed | -$21.9M |
|
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Pathway Capital Management's Q4 2023 Portfolio in Review
As of Q4 2023, Pathway Capital Management held 19 positions worth $89.4M, up 113% from $42M the previous quarter. Its ten largest holdings account for 97% of the portfolio.
Pathway Capital Management deployed $38.2M of net new capital in Q4 2023, opening 12 new positions. Its largest new stake was Spotify: 145,048 shares worth $27.3M.
By sector, the portfolio is most concentrated in Technology at 49% of assets, down from 94% a quarter earlier, followed by Communication Services and Healthcare.
On the sell side, the largest reduction was Airbnb, an estimated $117K trimmed.
- Pathway Capital Management's largest Q4 2023 buy was Spotify: 145,048 shares worth $27.3M.
- Pathway Capital Management's biggest Q4 2023 reduction was Airbnb, cutting an estimated $117K.
- Pathway Capital Management fully exited Toast in Q4 2023, selling an estimated $21.9M.
- Pathway Capital Management's ten largest holdings make up 97% of its $89.4M portfolio in Q4 2023.
- Pathway Capital Management opened 12 new positions and closed 6 in Q4 2023.
- Pathway Capital Management's portfolio value rose 113% quarter-over-quarter to $89.4M.
Based on Pathway Capital Management's 13F filing for Q4 2023, filed 8 Feb 2024.