Index Venture Growth Associates III Ltd

Fundamental diversified ★Signal financials specialist (98%) CIK 1785453
Long book
$118.0M
Q1 2026
Positions
2
Top-10 weight
100%
concentration
Last quarter
+62.6%
SPY +14.8%
Turnover
33%
of book per quarter

Strategy in plain words

auto-generated from filings

Index Venture Growth Associates III Ltd is a diversified fundamental manager, specialised in financials (98% of the long book), running a $118.0M US long book across 2 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: ROBINHOOD MARKETS INC - A, AURORA INNOVATION INC.

Over the last 9 quarters its long book ran on average 24.5pp per quarter ahead of the S&P 500, beating the index in 6 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
+12.7%
Q2 2024
+4.4%
Q3 2024
+57.5%
Q4 2024
+11.5%
Q1 2025
+119.5%
Q2 2025
+52.3%
Q3 2025
-21.4%
Q4 2025
-38.4%
Q1 2026
+62.6%

Sector allocation

Financials
98%
Technology
2%

Long book by quarter

$127.7M
Q1 2024
$120.1M
Q2 2024
$100.9M
Q3 2024
$81.0M
Q4 2024
$90.4M
Q1 2025
$198.4M
Q2 2025
$276.9M
Q3 2025
$194.0M
Q4 2025
$118.0M
Q1 2026

What does Index Venture own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
HOOD ROBINHOOD MARKETS INC - AFinancials1.7M$115.9M98.3%Held
AUR AURORA INNOVATION INCTechnology500.0K$2.1M1.7%Held

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 15, 20262$118.0M canonicalSEC ↗
Q4 202513F-HRFeb 13, 20263$194.0M canonicalSEC ↗
Q3 202513F-HRNov 14, 20253$276.9M canonicalSEC ↗
Q2 202513F-HRAug 14, 20252$198.4M canonicalSEC ↗
Q1 202513F-HRMay 15, 20252$90.4M canonicalSEC ↗
Q4 202413F-HRFeb 14, 20252$81.0M canonicalSEC ↗
Q3 202413F-HRNov 14, 20242$100.9M canonicalSEC ↗
Q2 202413F-HRAug 14, 20242$120.1M canonicalSEC ↗
Q1 202413F-HRMay 15, 20242$127.7M canonicalSEC ↗