13F
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GILDER GAGNON HOWE & CO LLC

13F equity value
$8.3B
Positions
252
Top 10 concentration
34.2%
Quarters / total new picks
32 / 503
13F equity value over time
$0M$10B$20B2017201820192020202120222023202420252026

"13F equity value" = market value of this filer's US-listed long equity positions only. It excludes cash, bonds, non-US and short positions, so it understates a fund's true assets under management — often by a lot.

Not significant Verdict

13F holdings are disclosed ~45 days after quarter-end, and they never reveal when within the quarter a fund actually bought. So any 13F-based summary is structurally late and blurred — this applies to every fund, including this one.

We backtested copying it anyway. Buying this fund's new positions the day each filing went public, over 32 quarters, returned +3.6% per quarter — versus +2.7% per quarter from simply owning every 13F stock. It beat that baseline in only 50.0% of quarters (excess t = 1.54, not statistically significant). Its filings tell you what it bought — not what you should buy.

Avg 2Q excess
+4.1%
t-stat
1.54
Quarterly win rate
50%
Annualized excess
+0.9%
$1 → follow vs universe
$2.23 vs $2.09
Cumulative return: $1 invested in new picks vs universe
1.00 20180331: universe 1.04120180630: universe 0.95920180930: universe 1.00320181231: universe 0.99220190331: universe 0.97520190630: universe 1.04820190930: universe 1.12720191231: universe 0.90920200331: universe 1.09620200630: universe 1.21120200930: universe 1.48520201231: universe 1.55320210331: universe 1.56620210630: universe 1.69220210930: universe 1.51920211231: universe 1.29220220331: universe 1.38720220630: universe 1.28520220930: universe 1.38120221231: universe 1.28220230331: universe 1.35120230630: universe 1.30320230930: universe 1.47920231231: universe 1.54520240331: universe 1.58020240630: universe 1.72320240930: universe 1.70820241231: universe 1.59420250331: universe 1.73820250630: universe 1.79320250930: universe 2.01620251231: universe 2.085 20180331: follow 0.97320180630: follow 0.94920180930: follow 0.96720181231: follow 0.93420190331: follow 0.93620190630: follow 0.95320190930: follow 1.04720191231: follow 0.93320200331: follow 1.09720200630: follow 1.17520200930: follow 1.88420201231: follow 1.60620210331: follow 1.61220210630: follow 1.80620210930: follow 1.22120211231: follow 0.97220220331: follow 1.12020220630: follow 1.10420220930: follow 1.15220221231: follow 1.13520230331: follow 1.12820230630: follow 1.12920230930: follow 1.33220231231: follow 1.40520240331: follow 1.42420240630: follow 1.59020240930: follow 1.65720241231: follow 1.52120250331: follow 1.75220250630: follow 1.78020250930: follow 2.20520251231: follow 2.235 0.84 1.62 2.41 20182019202020212022202320242025 Follow Universe

Quarterly compounding, invested quarters only · entry 47 days after quarter-end (when 13F data becomes public)

Listed as facts. See the verdict above before treating this as signal.

Top 20 holdings of 252 · 2026 Q1

Ticker Value Weight QoQ
NVDA $442M
5.3%
HOLD
NFLX $403M
4.8%
TRIM
NET $367M
4.4%
HOLD
AMZN $365M
4.4%
TRIM
SHOP $256M
3.1%
HOLD
TSLA $230M
2.8%
TRIM
META $225M
2.7%
TRIM
ISRG $207M
2.5%
TRIM
PWR $205M
2.5%
HOLD
NTRA $151M
1.8%
TRIM
GOOGL $138M
1.7%
HOLD
ECHO $137M
1.7%
ADD
MU $130M
1.6%
TRIM
EMBJ $126M
1.5%
TRIM
GOOG $120M
1.4%
ADD
QXO $116M
1.4%
TRIM
TKO $114M
1.4%
TRIM
NYT $114M
1.4%
HOLD
SITM $113M
1.4%
TRIM
TOST $108M
1.3%
TRIM

QoQ vs previous quarter's share count · NEW = new position · ADD/TRIM = ±2% shares · HOLD = unchanged.

Listed as facts. See the verdict above before treating this as signal.

New positions in 2026 Q1

Method & Limitations

Method: a "new position" = held this quarter, absent last quarter (options excluded; stocks with <50 prior holders excluded to filter spin-off artifacts). Entry 47 days after quarter-end — the first day the public could act on the filing. Benchmark = equal-weighted universe of all 13F-held stocks. Limitations: quarterly snapshots can't see intra-quarter trades; survivorship bias — funds that shut down are absent, which flatters the sample. Statistics, not advice.