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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
+34%
1 Year Est. Return
+81.94%
3 Year Est. Return
+629.07%
5 Year Est. Return
+429.81%
10 Year Est. Return
–
AUM
$17.3M
AUM Growth
-$82.9M
(-83%)
Cap. Flow
-$81.8M
Cap. Flow
% of AUM
-471.85%
Top 10 Holdings %
Top 10 Hldgs %
100%
Holding
13
New
4
Increased
–
Reduced
–
Closed
8
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
TEM
Tempus AI
TEM
|
+$9.6M |
| 2 |
VRNA
Verona Pharma
VRNA
|
+$5.88M |
| 3 |
Amplitude
AMPL
|
+$1.99M |
| 4 |
Nu Holdings
NU
|
+$847K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Spotify
SPOT
|
+$57.2M |
| 2 |
Weave Communications
WEAV
|
+$21.5M |
| 3 |
SentinelOne
S
|
+$8.31M |
| 4 |
Robinhood
HOOD
|
+$8.1M |
| 5 |
LegalZoom.com
LZ
|
+$2.39M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 85.87% |
| 2 | Technology | 9.9% |
| 3 | Financials | 4.23% |
| 4 | Communication Services | 0% |
| 5 | Consumer Staples | 0% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
TEM
1
Tempus AI
TEM
$8.32B
| $8.58M | 49.44% |
+177,770
| New | +$9.6M |
|
|
VRNA
2
DELISTED
Verona Pharma
VRNA
| $6.24M | 35.99% |
+98,329
| New | +$5.88M |
|
|
3
Amplitude
AMPL
$1.35B
| $1.72M | 9.9% |
+168,474
| New | +$1.99M |
|
|
4
Nu Holdings
NU
$68.2B
| $734K | 4.23% |
+71,647
| New | +$847K |
|
|
NEUE
5
DELISTED
NeueHealth
NEUE
| $75.7K | 0.44% |
11,201
| – | – |
|
6
Amprius Technologies
AMPX
$1.58B
| – | – |
-87,510
| Closed | -$245K |
|
|
CFLT
7
DELISTED
Confluent
CFLT
| – | – |
-41,292
| Closed | -$1.15M |
|
8
The Honest Company
HNST
$581M
| – | – |
-185,666
| Closed | -$1.29M |
|
|
9
Robinhood
HOOD
$81.6B
| – | – |
-217,503
| Closed | -$8.1M |
|
|
10
LegalZoom.com
LZ
$971M
| – | – |
-317,862
| Closed | -$2.39M |
|
|
11
SentinelOne
S
$7.12B
| – | – |
-374,387
| Closed | -$8.31M |
|
|
12
Spotify
SPOT
$97.7B
| – | – |
-127,824
| Closed | -$57.2M |
|
|
13
Weave Communications
WEAV
$530M
| – | – |
-1,349,365
| Closed | -$21.5M |
|
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Pathway Capital Management's Q1 2025 Portfolio in Review
As of Q1 2025, Pathway Capital Management held 13 positions worth $17.3M, down 83% from $100M the previous quarter. Its ten largest holdings account for 100% of the portfolio.
Pathway Capital Management withdrew a net $81.8M in Q1 2025, closing 8 positions. Its most notable exit was Spotify, an estimated $57.2M position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 86% of assets, up from 22% a quarter earlier, followed by Technology and Financials.
Against the trend, Pathway Capital Management opened a new position in Tempus AI worth $8.58M.
- Pathway Capital Management's largest Q1 2025 buy was Tempus AI: 177,770 shares worth $8.58M.
- Pathway Capital Management fully exited Spotify in Q1 2025, selling an estimated $57.2M.
- Pathway Capital Management's ten largest holdings make up 100% of its $17.3M portfolio in Q1 2025.
- Pathway Capital Management opened 4 new positions and closed 8 in Q1 2025.
- Pathway Capital Management's portfolio value fell 83% quarter-over-quarter to $17.3M.
Based on Pathway Capital Management's 13F filing for Q1 2025, filed 6 May 2025.