General Catalyst Group Management, LLC

Fundamental concentrated ★Highest signal CIK 1637946
League rank
#193
in Fundamental concentrated · #323 overall
Long book
$183.6M
Q1 2026
Positions
12
Top-10 weight
100%
concentration
Last quarter
+24.8%
SPY +14.8%
Turnover
42%
of book per quarter

Strategy in plain words

auto-generated from filings

General Catalyst Group Management, LLC is a concentrated fundamental stock-picker, running a $183.6M US long book across 12 positions.

The portfolio is extremely concentrated — the top 10 positions are almost the whole book. The portfolio is actively managed, with meaningful quarterly turnover. Current anchor positions: SAMSARA INC-CL A, ARRIVENT BIOPHARMA INC, MAZE THERAPEUTICS INC, MAPLEBEAR INC, GITLAB INC-CL A.

Over the last 9 quarters its long book ran on average 8pp per quarter behind the S&P 500, beating the index in 3 of 9 quarters. We rate its filings highest-signal: new buys here are worth attention.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q1 2024
-9.7%
Q2 2024
+36.7%
Q3 2024
-4.2%
Q4 2024
-14.2%
Q1 2025
+11.8%
Q2 2025
-23.6%
Q3 2025
-33.6%
Q4 2025
-19.8%
Q1 2026
+24.8%

Sector allocation

Technology
46%
Healthcare
39%
Services media
15%
Consumer discretionary
1%
Financials
0%

Long book by quarter

$1.30B
Q1 2024
$1.16B
Q2 2024
$1.43B
Q3 2024
$1.14B
Q4 2024
$887.5M
Q1 2025
$4.30B
Q2 2025
$3.04B
Q3 2025
$221.7M
Q4 2025
$183.6M
Q1 2026

What does General Catalyst own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
IOT SAMSARA INC-CL ATechnology2.0M$63.4M34.5%Held
AVBP ARRIVENT BIOPHARMA INCHealthcare1.5M$34.5M18.8%Held
MAZE MAZE THERAPEUTICS INCHealthcare1.0M$30.9M16.8%Held
CART MAPLEBEAR INCServices media710.7K$26.6M14.5%Held
GTLB GITLAB INC-CL ATechnology921.4K$19.9M10.9%Held
EIKN EIKON THERAPEUTICS INCHealthcare305.2K$3.2M1.8%New
GUTS FRACTYL HEALTH INCHealthcare4.9M$2.2M1.2%Held
LIFE ETHOS TECHNOLOGIES INC CL-AFinancials74.2K$829K0.5%New
CPNG COUPANG INCConsumer discretionary36.7K$692K0.4%New
AMZN AMAZON.COM INCConsumer discretionary2.6K$538K0.3%New
META META PLATFORMS INC-CLASS ATechnology658$376K0.2%New
FIG FIGMA INC-CL ATechnology14.8K$314K0.2%Held

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 15, 202612$183.6M canonicalSEC ↗
Q4 202513F-HRFeb 17, 20267$221.7M canonicalSEC ↗
Q3 202513F-HRNov 14, 20258$3.04B canonicalSEC ↗
Q2 202513F-HRAug 14, 202510$4.30B canonicalSEC ↗
Q1 202513F-HRApr 16, 202511$887.5M canonicalSEC ↗
Q4 202413F-HRJan 23, 202511$1.14B canonicalSEC ↗
Q3 202413F-HRNov 6, 202411$1.43B canonicalSEC ↗
Q2 202413F-HRAug 14, 202411$1.16B canonicalSEC ↗
Q1 202413F-HRMay 10, 202411$1.30B canonicalSEC ↗