INSTITUTIONAL VENTURE MANAGEMENT XV, LLC
Long book
$75.5M
Q1 2026
Positions
3
Top-10 weight
100%
concentration
Last quarter
+67.7%
SPY +14.8%
Turnover
0%
of book per quarter
Strategy in plain words
auto-generated from filingsINSTITUTIONAL VENTURE MANAGEMENT XV, LLC is a diversified fundamental manager, specialised in technology (96% of the long book), running a $75.5M US long book across 3 positions.
The portfolio is extremely concentrated — the top 10 positions are almost the whole book. The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: RUBRIK INC-A, LULU'S FASHION LOUNGE HOLDIN, ZIPRECRUITER INC-A.
Over the last 9 quarters its long book ran on average 1.9pp 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
+2.3%
Q2 2024
-1.5%
Q3 2024
+20.8%
Q4 2024
-10.5%
Q1 2025
+29.9%
Q2 2025
-9.4%
Q3 2025
-6.9%
Q4 2025
-34.6%
Q1 2026
+67.7%
Sector allocation
Technology 96%
Consumer discretionary 4%
Long book by quarter
What does INSTITUTIONAL own?
Q1 2026 13F13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 15, 2026 | 3 | $75.5M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 17, 2026 | 3 | $115.5M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 14, 2025 | 3 | $131.4M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 14, 2025 | 4 | $242.0M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 15, 2025 | 4 | $197.8M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 14, 2025 | 4 | $221.0M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 14, 2024 | 5 | $180.5M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 14, 2024 | 5 | $146.3M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR/ARESTATEMENT | Aug 14, 2024 | 5 | $194.1M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 15, 2024 | 5 | $194.2M | SEC ↗ |