GILDER GAGNON HOWE & CO LLC

Other Low signal CIK 902464
League rank
#207
in Other · #933 overall
Long book
$8.34B
Q1 2026
Positions
252
Top-10 weight
34%
concentration
Last quarter
+17.4%
SPY +14.8%
Turnover
24%
of book per quarter

Strategy in plain words

auto-generated from filings

GILDER GAGNON HOWE & CO LLC is an institutional manager, running a $8.34B US long book across 252 positions.

The portfolio is moderately concentrated (top 10 ≈ 34% of the book). Turnover is modest: positions are typically held for years. Current anchor positions: NVIDIA CORP, NETFLIX INC, CLOUDFLARE INC - CLASS A, AMAZON.COM INC, SHOPIFY INC - CLASS A.

Over the last 9 quarters its long book ran on average 0.5pp per quarter ahead of the S&P 500, beating the index in 4 of 9 quarters. Signal value of individual moves is limited — treat changes as weak evidence.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q1 2024
+1.5%
Q2 2024
+7.5%
Q3 2024
+10.9%
Q4 2024
-10.9%
Q1 2025
+22.6%
Q2 2025
+5.1%
Q3 2025
-0.9%
Q4 2025
-8.7%
Q1 2026
+17.4%

Sector allocation

Technology
37%
Consumer discretionary
13%
Industrials
12%
Services media
11%
Healthcare
10%
Financials
8%
Communications
3%
Materials
2%

Long book by quarter

$8.00B
Q1 2024
$7.98B
Q2 2024
$8.36B
Q3 2024
$9.27B
Q4 2024
$7.66B
Q1 2025
$9.42B
Q2 2025
$9.81B
Q3 2025
$9.47B
Q4 2025
$8.34B
Q1 2026

What does GILDER GAGNON own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
NVDA NVIDIA CORPTechnology2.5M$441.7M5.3%-1.8%
NFLX NETFLIX INCServices media4.2M$403.0M4.8%-4.0%
NET CLOUDFLARE INC - CLASS ATechnology1.8M$366.9M4.4%+1.4%
AMZN AMAZON.COM INCConsumer discretionary1.8M$364.9M4.4%-2.6%
SHOP SHOPIFY INC - CLASS ATechnology2.2M$255.6M3.1%-1.1%
TSLA TESLA INCIndustrials619.7K$230.4M2.8%-14.7%
META META PLATFORMS INC-CLASS ATechnology394.1K$225.5M2.7%-3.9%
ISRG INTUITIVE SURGICAL INCHealthcare449.6K$207.2M2.5%-5.1%
PWR QUANTA SERVICES INCIndustrials373.7K$205.2M2.5%+0.1%
NTRA NATERA INCHealthcare755.3K$151.0M1.8%-8.8%
GOOGL ALPHABET INC-CL ATechnology478.8K$137.7M1.7%-1.4%
ECHO ECHOSTAR CORP-ACommunications1.2M$137.4M1.6%+26.3%
MU MICRON TECHNOLOGY INCTechnology385.6K$130.3M1.6%-22.3%
GOOG ALPHABET INC-CL CTechnology419.7K$120.4M1.4%+7.7%
QXO QXO INCConsumer discretionary6.0M$116.3M1.4%-3.8%
TKO TKO GROUP HOLDINGS INCServices media564.9K$113.9M1.4%-18.7%
NYT NEW YORK TIMES CO-AOther1.4M$113.6M1.4%+0.6%
SITM SITIME CORPTechnology326.1K$112.6M1.4%-12.2%
TOST TOAST INC-CLASS ATechnology4.1M$107.9M1.3%-7.3%
SHAK SHAKE SHACK INC - CLASS AConsumer discretionary1.2M$102.2M1.2%-8.9%
ARQT ARCUTIS BIOTHERAPEUTICS INCHealthcare4.3M$101.4M1.2%-3.4%
SN SHARKNINJA INCIndustrials957.1K$101.4M1.2%-3.4%
HOOD ROBINHOOD MARKETS INC - AFinancials1.4M$100.3M1.2%+87.2%
NBIS NEBIUS GROUP NVTechnology951.1K$98.7M1.2%-6.2%
ANET ARISTA NETWORKS INCTechnology797.2K$97.9M1.2%-2.4%
MELI MERCADOLIBRE INCServices media55.6K$96.1M1.2%+1.4%
RBLX ROBLOX CORP -CLASS ATechnology1.7M$95.1M1.1%-1.3%
ESLT ELBIT SYSTEMS LTDIndustrials111.7K$94.8M1.1%+4.3%
ALNY ALNYLAM PHARMACEUTICALS INCHealthcare280.1K$92.7M1.1%-12.3%
TBBB BBB FOODS INC-CLASS AConsumer discretionary2.6M$90.3M1.1%+1.7%
GAP GAP INC/THEConsumer discretionary3.7M$88.9M1.1%-1.7%
FNV FRANCO-NEVADA CORPMaterials337.7K$83.4M1.0%-1.0%
TSEM TOWER SEMICONDUCTOR LTDTechnology471.5K$82.7M1.0%-0.1%
ENPH ENPHASE ENERGY INCTechnology2.1M$81.2M1.0%+6429.5%
SPHR SPHERE ENTERTAINMENT COServices media561.5K$65.9M0.8%+0.1%
FIGR FIGURE TECHNOLOGY SOLUT-CL AFinancials1.9M$65.5M0.8%-3.7%
SPNT SIRIUSPOINT LTDFinancials2.9M$63.5M0.8%-10.6%
LPLA LPL FINANCIAL HOLDINGS INCFinancials194.7K$58.6M0.7%-24.8%
POOL POOL CORPConsumer discretionary281.9K$57.0M0.7%+0.4%
CBOE CBOE GLOBAL MARKETS INCFinancials202.9K$57.0M0.7%-2.1%
SPOT SPOTIFY TECHNOLOGY SACommunications117.5K$57.0M0.7%-9.5%
ABNB AIRBNB INC-CLASS AServices media424.7K$53.6M0.6%-1.8%
RIVN RIVIAN AUTOMOTIVE INC-AIndustrials3.5M$53.4M0.6%-1.5%
BOOT BOOT BARN HOLDINGS INCConsumer discretionary347.8K$50.9M0.6%-2.8%
RDDT REDDIT INC-CL ATechnology376.2K$50.7M0.6%-8.6%
DUOL DUOLINGOTechnology508.6K$50.1M0.6%+0.5%
ARX ACCELERANT HOLDINGS-CL AFinancials3.7M$50.0M0.6%+1.1%
MDA MDA SPACE LTDIndustrials1.9M$48.9M0.6%New
FRPT FRESHPET INCConsumer staples808.6K$47.7M0.6%-23.4%
LASR NLIGHT INCTechnology786.3K$44.8M0.5%New

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 15, 2026252$8.34B canonicalSEC ↗
Q4 202513F-HRFeb 17, 2026250$9.47B canonicalSEC ↗
Q3 202513F-HRNov 14, 2025249$9.81B canonicalSEC ↗
Q2 202513F-HRAug 14, 2025238$9.42B canonicalSEC ↗
Q1 202513F-HRMay 15, 2025233$7.66B canonicalSEC ↗
Q4 202413F-HRFeb 14, 2025254$9.27B canonicalSEC ↗
Q3 202413F-HRNov 14, 2024250$8.36B canonicalSEC ↗
Q2 202413F-HRAug 14, 2024251$7.98B canonicalSEC ↗
Q1 202413F-HRMay 15, 2024257$8.00B canonicalSEC ↗