Matrix Capital Management Company, LP

Fundamental concentrated ★Signal healthcare specialist (100%) CIK 1410830
League rank
#806
in Fundamental concentrated · #6173 overall
Long book
$46.3M
Q1 2026
Positions
1
Top-10 weight
100%
concentration
Last quarter
+15.7%
SPY +14.8%
Turnover
50%
of book per quarter

Strategy in plain words

auto-generated from filings

Matrix Capital Management Company, LP is a concentrated fundamental stock-picker, specialised in healthcare (100% of the long book), running a $46.3M US long book across 1 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: AURA BIOSCIENCES INC.

Over the last 9 quarters its long book ran on average 0.4pp per quarter ahead of the S&P 500, beating the index in 5 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
+9.7%
Q2 2024
-4.5%
Q3 2024
+1.9%
Q4 2024
-17.6%
Q1 2025
+2.6%
Q2 2025
+13.5%
Q3 2025
+17.2%
Q4 2025
+5.3%
Q1 2026
+15.7%

Sector allocation

Healthcare
100%

Long book by quarter

$10.77B
Q1 2024
$13.14B
Q2 2024
$2.09B
Q3 2024
$2.15B
Q4 2024
$347.2M
Q1 2025
$222.8M
Q2 2025
$106.7M
Q3 2025
$57.6M
Q4 2025
$46.3M
Q1 2026

What does Matrix Capital own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
AURA AURA BIOSCIENCES INCHealthcare6.9M$46.3M100.0%Held

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 14, 20261$46.3M canonicalSEC ↗
Q4 202513F-HRFeb 13, 20262$57.6M canonicalSEC ↗
Q3 202513F-HRNov 13, 20253$106.7M canonicalSEC ↗
Q2 202513F-HRAug 14, 20254$222.8M canonicalSEC ↗
Q1 202513F-HRMay 14, 20254$347.2M canonicalSEC ↗
Q4 202413F-HRFeb 13, 20255$2.15B canonicalSEC ↗
Q3 202413F-HRNov 14, 20247$2.09B canonicalSEC ↗
Q2 202413F-HRAug 14, 202423$13.14B canonicalSEC ↗
Q1 202413F-HRMay 14, 202423$10.77B canonicalSEC ↗