Madrone Advisors, LLC
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 14, 2024), Madrone Advisors, LLC reported 6 stock positions worth $626.2 million. Its top holding was Stoneco Class A (STNE) at 45.6% of the portfolio, followed by Qxo (QXO, 27.6%) and Vanguard Tot World STK ETF (VT, 18.6%). Compared with Q2 2024, it opened 1 new position, sold out of 1 and reduced 1. The biggest buy was a new position in Qxo (QXO) and the biggest sale Vanguard Tot World STK ETF (VT, shares −51%).
- Most Recent 13F
- Q2 2026
- Location
- Denver, CO
- CIK
- 0001964563
- Portfolio Value
- $626.2M (Q3 2024)
- SEC Filing
- 0001104659-24-118967 ↗ filed Nov 14, 2024
Holdings Value
Holdings 6 stocks · $626.2M
| STNE Stoneco Ltd. Class A | 45.56% | 25,339,276 | $285.3M | No change |
| QXO Qxo Inc. | 27.55% | 10,940,920 | $172.5M | New |
| VT Vanguard Tot World STK ETF | 18.59% | 972,764 | $116.4M | Reduce -50.9% |
| PACB Pacific Biosciences of Calif | 6.35% | 23,391,915 | $39.8M | No change |
| ILMN Illumina Inc. | 1.67% | 80,000 | $10.4M | No change |
| OPRT Oportun Financial Corp. | 0.28% | 623,295 | $1.8M | No change |
Portfolio Sells Q2 2024 → Q3 2024
Portfolio Buys Q2 2024 → Q3 2024
| QXO Qxo Inc. | New | 27.55% | +27.55 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 6 | $1.4B | STUB, STNE, QXO, VT, COF |
| Q1 2026 | 5 | $1.0B | STUB, STNE, VT, QXO, FIG |
| Q4 2025 | 5 | $1.6B | STUB, STNE, QXO, VT, FIG |
| Q3 2025 | 6 | $2.0B | STUB, STNE, QXO, VT, FIG |
| Q2 2025 | 5 | $719.6M | STNE, QXO, VT, PACB, OPRT |
| Q1 2025 | 6 | $597.0M | STNE, QXO, VT, PACB, ILMN |
| Q4 2024 | 6 | $524.8M | STNE, QXO, VT, PACB, ILMN |
| Q3 2024 | 6 | $626.2M | STNE, QXO, VT, PACB, ILMN |
| Q2 2024 | 6 | $569.5M | STNE, VT, PACB, ILMN, OPRT |
| Q1 2024 | 6 | $729.9M | STNE, VT, PACB, ILMN, OPRT |