HAMILTON LANE ADVISORS LLC

Fundamental concentrated ★Signal CIK 1573767
League rank
#942
in Fundamental concentrated · #7291 overall
Long book
$140.0M
Q1 2026
Positions
20
Top-10 weight
97%
concentration
Last quarter
+0.5%
SPY +14.8%
Turnover
36%
of book per quarter

Strategy in plain words

auto-generated from filings

HAMILTON LANE ADVISORS LLC is a concentrated fundamental stock-picker, running a $140.0M US long book across 20 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: GRANITE RIDGE RESOURCES INC, BLUE OWL CAPITAL CORP, NU HOLDINGS LTD/CAYMAN ISL-A, TOAST INC-CLASS A, WATERBRIDGE INFRASTRUC-CL A.

Over the last 9 quarters its long book ran on average 1.3pp per quarter ahead of the S&P 500, beating the index in 3 of 9 quarters. We rate its filings as signal-bearing: position changes reflect genuine views.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q1 2024
-1.7%
Q2 2024
+1.8%
Q3 2024
+60.5%
Q4 2024
-13.6%
Q1 2025
+23.9%
Q2 2025
-5.0%
Q3 2025
-11.0%
Q4 2025
-3.0%
Q1 2026
+0.5%

Sector allocation

Energy
36%
Other
27%
Technology
19%
Financials
16%
Services media
2%
Industrials
0%
Healthcare
0%

Long book by quarter

$288.2M
Q1 2024
$123.9M
Q2 2024
$115.4M
Q3 2024
$103.2M
Q4 2024
$116.3M
Q1 2025
$135.4M
Q2 2025
$173.9M
Q3 2025
$181.5M
Q4 2025
$140.0M
Q1 2026

What does HAMILTON LANE own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
GRNT GRANITE RIDGE RESOURCES INCEnergy7.4M$43.4M31.0%-6.1%
OBDC BLUE OWL CAPITAL CORP3.4M$37.7M26.9%Held
NU NU HOLDINGS LTD/CAYMAN ISL-AFinancials1.3M$19.0M13.6%-6.6%
TOST TOAST INC-CLASS ATechnology400.5K$10.6M7.6%-9.8%
WBI WATERBRIDGE INFRASTRUC-CL AEnergy260.3K$7.0M5.0%-74.0%
IONQ IONQ INCTechnology195.0K$5.6M4.0%Held
RBRK RUBRIK INC-ATechnology91.3K$4.5M3.2%-35.4%
IOT SAMSARA INC-CL ATechnology81.1K$2.6M1.8%Held
ABNB AIRBNB INC-CLASS AServices media19.6K$2.5M1.8%Held
CHYM CHIME FINANCIAL INC-CL AFinancials129.1K$2.4M1.7%Held
DDOG DATADOG INC - CLASS ATechnology8.6K$1.0M0.7%Held
COUR COURSERA INCTechnology174.4K$1.0M0.7%Held
FIGR FIGURE TECHNOLOGY SOLUT-CL AFinancials20.8K$707K0.5%New
NOW SERVICENOW INCTechnology4.6K$478K0.3%-57.0%
SCWO 374WATER INCIndustrials160.2K$455K0.3%Held
FIG FIGMA INC-CL ATechnology21.5K$454K0.3%+75.5%
EVLV EVOLV TECHNOLOGIES HOLDINGSTechnology56.8K$344K0.2%Held
TTAN SERVICETITAN INC-ATechnology4.3K$272K0.2%+1.2%
ALEC ALECTOR INCHealthcare14.4K$31K0.0%New
HUMA HUMACYTE INCHealthcare21.9K$13K0.0%Held

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRApr 8, 202620$140.0M canonicalSEC ↗
Q4 202513F-HRJan 20, 202626$181.5M canonicalSEC ↗
Q3 202513F-HROct 7, 202520$173.9M canonicalSEC ↗
Q2 202513F-HRJul 2, 202514$135.4M canonicalSEC ↗
Q1 202513F-HRApr 10, 202514$116.3M canonicalSEC ↗
Q4 202413F-HRJan 14, 202517$103.2M canonicalSEC ↗
Q3 202413F-HRNov 13, 202416$15.4M canonicalSEC ↗
Q2 202413F-HRJul 17, 202420$123.9M canonicalSEC ↗
Q1 202413F-HR/ANEW HOLDINGSJun 3, 202417$146.5M canonicalSEC ↗
Q1 202413F-HRMay 1, 202416$141.6M canonicalSEC ↗