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SurgoCap Partners portfolio · 2025-12-31

Form 13F reports holdings as of 2025-12-31 and was filed on 2026-02-17. It is delayed, can omit confidential positions, and is not the manager's current portfolio or fund NAV. Options show reported underlying value—not premium, net exposure, or investment intent.

Disclosed long book

$3.61 billion

Long positions

17

Calls / puts

0 / 0

Top 5 concentration

49.6%

Longs with AI data

3 / 17

Average AI 1Y

+25.7%

13F filing comparison

Quarter-over-quarter changes

2025-09-30 to 2025-12-31

Newly reported

4

No longer reported

3

Increased

3

Reduced

9

Newly reported this quarter

Present now and absent from the immediately preceding comparable filing.

PositionKindSharesValue

INTUITIVE SURGICAL INC

INTUITIVE SURGICAL INC

LONG262,851$148.9 million

NVDA

NVIDIA CORPORATION

LONG622,539$116.1 million

ARMSTRONG WORLD INDS INC NEW

ARMSTRONG WORLD INDS INC NEW

LONG376,869$72.0 million

SHOPIFY INC

SHOPIFY INC

LONG348,131$56.0 million

No longer reported this quarter

Present in the prior comparable filing and absent from this one.

PositionKindPrior sharesPrior value

META PLATFORMS INC

META PLATFORMS INC · CL A

LONG210,584$154.6 million

META PLATFORMS INC

META PLATFORMS INC · CL A

CALL100,000$73.4 million

NETFLIX INC

NETFLIX INC · COM

LONG185,890$222.9 million

“No longer reported” means the position is absent from this comparable 13F filing. It does not prove the manager sold it: reporting thresholds, confidential treatment, corporate actions, or instrument changes can also explain the omission.

PositionKindSharesValueLong weightQuarter changeAI at filing · 1YAI now

ALPHABET INC

ALPHABET INC · CAP STK CL C · 02079K107

LONG1,250,425$392.4 million10.9%INCREASED

1Y —

5Y —

CARPENTER TECHNOLOGY CORP

CARPENTER TECHNOLOGY CORP · COM · 144285103

LONG1,152,606$362.9 million10.0%REDUCED

1Y —

5Y —

LPL FINL HLDGS INC

LPL FINL HLDGS INC · COM · 50212V100

LONG995,000$355.4 million9.8%INCREASED

1Y —

5Y —

MCKESSON CORP

MCKESSON CORP · COM · 58155Q103

LONG419,166$343.8 million9.5%REDUCED

1Y —

5Y —

TSM

Taiwan Semiconductor Manufacturing Co.

LONG1,109,583$337.2 million9.3%REDUCED25.4%

1Y +24.3%

5Y +142.0% · 25 models

BLACKSTONE INC

BLACKSTONE INC · COM · 09260D107

LONG2,074,093$319.7 million8.9%INCREASED

1Y —

5Y —

BSX

Boston Scientific

LONG2,559,210$244.0 million6.8%REDUCED

1Y —

5Y —

BROADCOM INC

BROADCOM INC · COM · 11135F101

LONG669,969$231.9 million6.4%REDUCED

1Y —

5Y —

NU HLDGS LTD

NU HLDGS LTD · ORD SHS CL A · G6683N103

LONG10,520,395$176.1 million4.9%REDUCED

1Y —

5Y —

INTUITIVE SURGICAL INC

INTUITIVE SURGICAL INC · COM NEW · 46120E602

LONG262,851$148.9 million4.1%NEWLY REPORTED

1Y —

5Y —

HILTON WORLDWIDE HLDGS INC

HILTON WORLDWIDE HLDGS INC · COM · 43300A203

LONG503,719$144.7 million4.0%REDUCED

1Y —

5Y —

GUIDEWIRE SOFTWARE INC

GUIDEWIRE SOFTWARE INC · COM · 40171V100

LONG719,573$144.6 million4.0%REDUCED

1Y —

5Y —

NVDA

NVIDIA Corporation

LONG622,539$116.1 million3.2%NEWLY REPORTED41.0%

1Y +34.1%

5Y +197.4% · 27 models

NIQ GLOBAL INTELLIGENCE PLC

NIQ GLOBAL INTELLIGENCE PLC · ORDINARY SHARES · G63755105

LONG5,858,000$96.6 million2.7%UNCHANGED

1Y —

5Y —

ARMSTRONG WORLD INDS INC NEW

ARMSTRONG WORLD INDS INC NEW · COM · 04247X102

LONG376,869$72.0 million2.0%NEWLY REPORTED

1Y —

5Y —

FIG

Figma Inc

LONG1,867,515$69.8 million1.9%REDUCED

1Y +18.8%

5Y +116.1% · 9 models

SHOPIFY INC

SHOPIFY INC · CL A SUB VTG SHS · 82509L107

LONG348,131$56.0 million1.6%NEWLY REPORTED

1Y —

5Y —

AI outlook values are averages across the latest successful run per covered model at the labeled cutoff. “No longer reported” does not necessarily mean sold; thresholds, confidential treatment, corporate actions, or instrument changes may explain an omission. Reviewed API mapping covers 21.2%of disclosed long-book value; exact editorial CUSIP mappings may add current-only AI coverage on this public page. Research use only. No warranty and not investment advice.