Abdiel Capital Advisors, LP
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 15, 2025), Abdiel Capital Advisors, LP reported 7 stock positions worth $970.1 million. Its top holding was Appian Class A (APPN) at 30.2% of the portfolio, followed by HCA Healthcare (HCA, 17.0%) and Floor & Decor Class A (FND, 13.5%). Compared with Q4 2024, it opened 1 new position, sold out of 1 and reduced 5. The biggest buy was a new position in HCA Healthcare (HCA) and the biggest sale Bill (BILL, shares −45%).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0001578684
- Portfolio Value
- $970.1M (Q1 2025)
- SEC Filing
- 0000904454-25-000278 ↗ filed May 15, 2025
Holdings Value
Holdings 7 stocks · $970.1M
| APPN Appian Corp. Class A | 30.23% | 10,179,538 | $293.3M | No change |
| HCA HCA Healthcare Inc. | 16.99% | 477,021 | $164.8M | New |
| FND Floor & Decor Holdings Inc. Class A | 13.54% | 1,632,481 | $131.4M | Reduce -5.5% |
| BILL Bill Holdings Inc. | 13.23% | 2,797,625 | $128.4M | Reduce -44.9% |
| TOST Toast Inc. Class A | 12.32% | 3,604,479 | $119.6M | Reduce -5.9% |
| GLBE Global-E Online Ltd. | 8.49% | 2,311,201 | $82.4M | Reduce -41.0% |
| AFRM Affirm Holdings Inc. | 5.19% | 1,113,427 | $50.3M | Reduce -45.9% |
Portfolio Sells Q4 2024 → Q1 2025
| BILL Bill Holdings Inc. | Reduce -44.9% | 13.23% | −13.28 |
| HUBS HubSpot Inc. | Sold out | 0.00% | −12.70 |
| GLBE Global-E Online Ltd. | Reduce -41.0% | 8.49% | −4.66 |
| AFRM Affirm Holdings Inc. | Reduce -45.9% | 5.19% | −2.54 |
| FND Floor & Decor Holdings Inc. Class A | Reduce -5.5% | 13.54% | +2.93 |
| TOST Toast Inc. Class A | Reduce -5.9% | 12.32% | +3.72 |
Portfolio Buys Q4 2024 → Q1 2025
| HCA HCA Healthcare Inc. | New | 16.99% | +16.99 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 5 | $51.8M | HCA, AFRM, GLBE, NAVN, GBTG |
| Q1 2026 | 5 | $52.0M | HCA, GLBE, AFRM, NAVN, GBTG |
| Q4 2025 | 7 | $71.0M | HCA, GLBE, AFRM, APPN, CPNG |
| Q3 2025 | 6 | $330.5M | HCA, GLBE, AFRM, APPN, TBBB |
| Q2 2025 | 8 | $1.1B | HCA, APPN, TOST, BILL, FND |
| Q1 2025 | 7 | $970.1M | APPN, HCA, FND, BILL, TOST |
| Q4 2024 | 7 | $1.6B | BILL, APPN, GLBE, HUBS, FND |
| Q3 2024 | 7 | $1.7B | APPN, BILL, HUBS, TOST, GLBE |
| Q2 2024 | 7 | $1.4B | HUBS, GLBE, TOST, BILL, APPN |
| Q1 2024 | 7 | $1.6B | HUBS, TOST, GLBE, APPN, FND |