Managers / Q1 2026
Bond Capital Management, LP
CIK 0001923934 · 100 THE EMBARCADERO, SAN FRANCISCO, CA, 94105 · 4159662244
Summary
Bond Capital Management, LP reported $110M in U.S.-listed holdings across 4 positions for Q1 2026.
The portfolio is heavily concentrated: CRWV alone accounts for 49.9% of reported value.
The book was largely unchanged from Q4 2025.
Portfolio Metrics
Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.
Reported Value by Quarter
Portfolio Composition
- Common Stock · 89.0% · $98M
- Other · 11.0% · $12M
Quarter-over-Quarter Changes full breakdown →
vs Q4 2025 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| NXDRNEXTDOOR HOLDINGS INC | ADDED | +6.96M | 8.36M | +$9M | $12M |
| HIPOHIPPO HLDGS INC | HELD | +0 | 1.20M | −$5M | $31M |
| CRWVCOREWEAVE INC | HELD | +0 | 706.7K | +$4M | $55M |
| DLOCAL LTD | HELD | +0 | 927.5K | −$1M | $12M |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q1 2026
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | CRWVCOREWEAVE INChistory → | COM CL A | 49.89% | $55M | 706.7K |
| 2 | HIPOHIPPO HLDGS INChistory → | COM NEW | 28.50% | $31M | 1.20M |
| 3 | DLOCAL LTD | CLASS A COM | 10.96% | $12M | 927.5K |
| 4 | NXDRNEXTDOOR HOLDINGS INChistory → | COM CL A | 10.66% | $12M | 8.36M |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q1 2026 | $110M | 4 | May 11, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q4 2025 | $103M | 4 | Feb 12, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q3 2025 | $207M | 5 | Nov 14, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q2 2025 | $216M | 5 | Aug 13, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q1 2025 | $186M | 5 | May 14, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q4 2024 | $233M | 5 | Feb 13, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q3 2024 | $207M | 5 | Nov 13, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q2 2024 | $180M | 5 | Aug 8, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q1 2024 | $187M | 5 | Apr 26, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q4 2023 | $157M | 5 | Jan 31, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q3 2023 | $158M | 5 | Nov 8, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q2 2023 | $179M | 5 | Aug 10, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q1 2023 | $184M | 5 | Apr 24, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q4 2022 | $142M | 5 | Feb 3, 2023 | RESTATEMENT | changes · EDGAR ↗ |
| Q3 2022 | $147M | 5 | Oct 25, 2022 | RESTATEMENT | changes · EDGAR ↗ |
| Q2 2022 | $246M | 5 | Jul 18, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q1 2022 | $391M | 5 | Apr 15, 2022 | 13F-HR | changes · EDGAR ↗ |
13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.