Abdiel Capital Advisors
Abdiel Capital Advisors is managed by Colin Moran, who founded the firm after gaining extensive experience at other prestigious investment institutions. The firm is known for its concentrated investment approach, typically holding a small number of high-conviction stocks. Abdiel's investment philosophy emphasizes long-term value creation, focusing on companies they believe have sustainable competitive advantages.
AUM figures shown are calculated by summing the reported market value of all positions in SEC 13F-HR filings — not the fund's actual assets under management.
- Excludes cash, bonds, private equity, short positions, and foreign-listed stocks not required to be reported.
- For PUT and CALL options, the reported Value is the notional value of the underlying shares — not the option premium paid. This significantly overstates the actual capital at risk.
- Actual fund AUM is typically higher and includes strategies, instruments, and positions that never appear in a 13F.
- 13F filings cover institutional managers with ≥$100M in 13F securities. Positions reflect end-of-quarter holdings, disclosed up to 45 days after the period ends.
Data sourced from SEC EDGAR. This tracker is for informational purposes only and does not constitute investment advice.
Portfolio Holdings
Top 5 positions
| Ticker | Issuer | Notional | Port % | @ Filing | Now (EOD) | Since Filing | Allocation |
|---|---|---|---|---|---|---|---|
| HCA | $35.6M | 68.32% | $472.29 | $421.77 | -10.7% | 68.3% | |
| GLBE | $9.7M | 18.65% | $30.85 | $37.55 | +21.7% | 18.6% | |
| AFRM | $6.2M | 11.86% | $45.82 | $82.94 | +81.0% | 11.9% | |
| NAVN | $0.5M | 0.94% | $13.24 | $27.46 | +107.4% | 0.9% | |
| GBTG | $0.1M | 0.23% | $5.58 | $9.40 | +68.5% | 0.2% |
Quarter-on-Quarter Activity
Q1 2026 vs. Q4 2025
New Positions (1)
| Ticker | Issuer | Notional | Since Filing |
|---|---|---|---|
| NAVN | $0.5M | +107.4% |
Exited Positions (3)
| Ticker | Issuer | Notional |
|---|---|---|
| APPN | $8.8M | |
| CPNG | $4.3M | |
| TBBB | $1.6M |
Increased (2)
| Ticker | Issuer | Notional | Shares Δ | Since Filing |
|---|---|---|---|---|
| GBTG | $-0.0M | +18.2% | +68.5% | |
| HCA | $4.2M | +11.7% | -10.7% |
Trimmed (2)
| Ticker | Issuer | Notional | Shares Δ | Since Filing |
|---|---|---|---|---|
| GLBE | $-4.3M | -11.8% | +21.7% | |
| AFRM | $-4.5M | -6.5% | +81.0% |
Quarter Activity
During the quarter, Abdiel Capital Advisors initiated a new position in NAVN, while exiting positions in APPN, CPNG, and TBBB. The fund increased its holdings in GBTG and HCA, indicating a shift towards these sectors. Conversely, there were reductions in the positions of GLBE and AFRM, reflecting a strategic reallocation of resources within the portfolio.
AI Commentary
<p>As of the latest reporting period, Abdiel Capital Advisors has concentrated its portfolio significantly in the healthcare and technology sectors. The fund's largest holding is HCA Healthcare Inc (HCA), which comprises a substantial 68.3% of the portfolio, amounting to $36 million. This is followed by Global-E Online Ltd (GLBE) and Affirm Holdings Inc (AFRM), representing 18.6% and 11.9% of the assets under management, respectively. The remaining positions in Navan Inc (NAVN) and Global Business Travel Group (GBTG) are relatively minor, together accounting for just over 1% of the portfolio.</p> <p>The recent portfolio adjustments indicate a strategic shift in Abdiel Capital Advisors' investment approach. The closure of positions in Appian Corp (APPN), Coupang Inc (CPNG), and an unnamed entity (TBBB) alongside the opening of a new position in Navan Inc (NAVN) suggests a pivot towards emerging opportunities, possibly in niche markets or new sectors. The increase in the stake of Global Business Travel Group (GBTG) by 18% and HCA Healthcare Inc (HCA) by 12% reflects a bolstered confidence in these sectors. Conversely, the reductions in Global-E Online Ltd (GLBE) by 12% and Affirm Holdings Inc (AFRM) by 6% could signal a reevaluation of their growth prospects or a response to market or operational challenges faced by these companies.</p>