Madrona Venture Group, LLC

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 13, 2026), Madrona Venture Group, LLC reported 3 stock positions worth $22.1 million. Its top holding was Nautilus Biotechnology (NAUT) at 53.2% of the portfolio, followed by Uipath Class A (PATH, 45.2%) and Ginkgo Bioworks (DNA, 1.6%). Its holdings were unchanged from Q3 2025.

Most Recent 13F
Q4 2025
Location
SEATTLE, WA
CIK
0001887785
Portfolio Value
$22.1M (Q4 2025)
SEC Filing
0001887785-26-000001 ↗ filed Feb 13, 2026

Holdings Value

0$50.0M$100.0M$150.0M Q1 2024: $117.5M Q1 2024 Q2 2024: $93.7M Q2 2024 Q3 2024: $74.6M Q3 2024 Q4 2024: $53.8M Q4 2024 Q1 2025: $28.5M Q1 2025 Q2 2025: $12.6M Q2 2025 Q3 2025: $13.8M Q3 2025 Q4 2025: $22.1M $22.1M Q4 2025

Holdings 3 stocks · $22.1M

NAUT Nautilus Biotechnology Inc. 53.24% 6,020,770 $11.7M No change
PATH Uipath Inc. Class A 45.16% 607,673 $10.0M No change
DNA Ginkgo Bioworks Holdings Inc. 1.60% 42,430 $353K No change

Portfolio Sells Q3 2025 → Q4 2025

None this quarter.

Portfolio Buys Q3 2025 → Q4 2025

None this quarter.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q4 2025 3$22.1MNAUT, PATH, DNA
Q3 2025 3$13.8MPATH, NAUT, DNA
Q2 2025 3$12.6MPATH, NAUT, DNA
Q1 2025 3$28.5MSNOW, PATH, NAUT
Q4 2024 4$53.8MSNOW, NAUT, PATH, BCOV
Q3 2024 4$74.6MSNOW, NAUT, PATH, BCOV
Q2 2024 4$93.7MSNOW, NAUT, PATH, BCOV
Q1 2024 4$117.5MSNOW, NAUT, PATH, BCOV