Madrone Advisors, LLC
Net buyer this quarter
$1.39B
5
+$22M
97.1%
Holdings
| Company | Value | % of portfolio | % of company | POSITION CHANGE qoq % | First reported |
|---|---|---|---|---|---|
| Q2 2026 | |||||
 STUB | $975M | 69.92% | Not reported | Not reported | Q3 2025 |
 STNE | $275M | 19.69% | Not reported | Not reported | Q4 2022 |
 QXO | $72.8M | 5.22% | 0.58% | Not reported | Q3 2024 |
 COF | $22M | 1.58% | 0.02% | New | Q2 2026 |
 FIG | $9.75M | 0.70% | Not reported | Not reported | Q3 2025 |
| Q1 2026 | |||||
| STUB | $473M | 46.01% | Not reported | Not reported | Q3 2025 |
| STNE | $358M | 34.81% | Not reported | Not reported | Q4 2022 |
| QXO | $81.9M | 7.96% | 0.59% | -17.6% | Q3 2024 |
| FIG | $11.4M | 1.11% | Not reported | Not reported | Q3 2025 |
| Q4 2025 | |||||
| STUB | $1.03B | 63.41% | Not reported | Not reported | Q3 2025 |
| STNE | $375M | 23.18% | Not reported | Not reported | Q4 2022 |
| QXO | $98.7M | 6.10% | 0.76% | -46.4% | Q3 2024 |
| FIG | $20.1M | 1.25% | Not reported | Not reported | Q3 2025 |
| Q3 2025 | |||||
| STUB | $1.28B | 62.80% | Not reported | New | Q3 2025 |
| STNE | $479M | 23.58% | Not reported | Not reported | Q4 2022 |
| QXO | $182M | 8.95% | 1.42% | -12.8% | Q3 2024 |
| FIG | $28M | 1.38% | Not reported | New | Q3 2025 |
 PACB | $6.37M | 0.31% | 1.65% | -70.3% | Q4 2022 |