Madrona Venture Group, LLC — 13F Holdings & Portfolio
CIK 1887785 · latest 13F-HR filed 2026-02-13
Madrona Venture Group, LLC manages $22.1M in 13F-reported U.S. long-equity assets across 3 reported positions as of its 2025-12-31 13F-HR filing. Its largest disclosed positions are NAUT (53.24%), PATH (45.16%), DNA (1.60%). Quarter over quarter (versus its 2025-09-30 filing) the fund opened 0 new positions and exited 0; 2 existing positions rose in reported value and 1 fell.
AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.
Long-equity book
Distinct positions
Filed 2026-02-13
vs 2025-09-30
Portfolio charts
Latest quarter's book, what changed, and how the portfolio has evolved across filings.
Portfolio map
Q4 25Box size = position value; colour = change in share count vs the prior quarter (green added, red trimmed, blue new). Rows split across managers or share classes are combined. Click a box for the stock.
Sector mix
% of 13F valueSectors from each company's SIC code; funds and ETFs grouped separately.
Biggest buys and sells
Q3 25 → Q4 25Estimated from the change in shares held × the quarter-end price, so price moves alone don't count as buying. New and exited positions are included.
13F assets and positions
2 quartersTotal reported 13F value (bars) and number of positions (line) each quarter. Value changes include market moves.
Top positions over time
reported valueThe eight largest current positions, valued at each quarter end.
Concentration
top 10 = 100%Cumulative share of the portfolio held in the largest N positions.
As of the firm’s regulatory filing dated Mar 31, 2026.
| Name | Title / Status | Ownership | Type |
|---|---|---|---|
| CICHOS, TROY Control | EXECUTIVE OFFICER since Oct 1999 | Less than 5% | Individual |
| COCHRAN, HOPE Control | MANAGING DIRECTOR since Jan 2019 | 10–25% | Individual |
| GOODRICH, PAUL, BLAIR Control | MANAGING DIRECTOR since Oct 1999 | 10–25% | Individual |
| JACOBSON, SCOTT Control | MANAGING DIRECTOR since Jan 2012 | 10–25% | Individual |
| MCILWAIN, MATT Control | MANAGING DIRECTOR since Jun 2002 | 10–25% | Individual |
| MEHANDRU, KARAN Control | MANAGING DIRECTOR since Sep 2022 | 10–25% | Individual |
| PORTER, TIM Control | MANAGING DIRECTOR since Jan 2012 | 10–25% | Individual |
| Singh, Sudhir, Steven Control | MANAGING DIRECTOR since Jan 2020 | 10–25% | Individual |
| Somasegar, S. Control | MANAGING DIRECTOR since Jan 2017 | 10–25% | Individual |
Ownership & leadership changes · 7 filings with changes since Feb 17, 2012
From the firm’s regulatory filings, newest first. Dates are filing dates: a filing that no longer lists someone does not say when they left.
- No longer listedJORDAN, LEN · MANAGING DIRECTOR · 10–25% · control person · listed since Jan 2012
- No longer listedALBERG, TOM, A · MANAGING DIRECTOR · 10–25% · control person · listed since Oct 1999
- AddedMEHANDRU, KARAN · MANAGING DIRECTOR · 10–25% · control person
- AddedSingh, Sudhir, Steven · MANAGING DIRECTOR · 10–25% · control person
- AddedCOCHRAN, HOPE · MANAGING DIRECTOR · 10–25% · control person
- AddedSomasegar, S. · MANAGING DIRECTOR · 10–25% · control person
- No longer listedGOTTESMAN, GREG · MANAGING DIRECTOR · 10–25% · control person · listed since Oct 1999
- ChangedJACOBSON, SCOTT · ownership Less than 5% → 10–25%
- ChangedJORDAN, LEN · ownership Less than 5% → 10–25%
- ChangedPORTER, TIM · ownership Less than 5% → 10–25%
- ListedALBERG, TOM, A · MANAGING DIRECTOR · 10–25% · control person
- ListedCICHOS, TROY · EXECUTIVE OFFICER · Less than 5% · control person
- ListedGOODRICH, PAUL, BLAIR · MANAGING DIRECTOR · 10–25% · control person
- ListedGOTTESMAN, GREG · MANAGING DIRECTOR · 10–25% · control person
- ListedJACOBSON, SCOTT · MANAGING DIRECTOR · Less than 5% · control person
- ListedJORDAN, LEN · MANAGING DIRECTOR · Less than 5% · control person
- ListedMCILWAIN, MATT · MANAGING DIRECTOR · 10–25% · control person
- ListedPORTER, TIM · MANAGING DIRECTOR · Less than 5% · control person
Quarter-over-quarter changes
Changes in reported position value vs the prior 13F, so price moves count too, not just shares bought or sold.
Top Adds (vs prior quarter)
- NAUTILUS BIOTECHNOLOGY INC$6.7M +130.8%
- UIPATH INC$1.8M +22.5%
Madrona Venture Group, LLC Holdings (2025-12-31)
Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2025-12-31 | 2026-02-13 | $22.1M | 3 | 0001887785-26-000001 |
| 2025-09-30 | 2025-10-31 | $13.8M | 3 | 0001887785-25-000005 |