GILDER GAGNON HOWE & CO LLC

New York, NY · CIK 902464 · 13F filing filed 2025-08-14

SEC-registered investment adviser since 2006 · limited liability company

Assets managed$12.1bn
Staff84 · 55 in investment roles
Main clients (by assets)High net worth individuals 76%, Companies 16%, Individuals 3%
Form ADV · 2026-03-24SEC adviser record

Legal entityGILDER GAGNON HOWE & CO. LLC (US)

$9.4bn reported value +23.0% vs Q1 2025

238positions

36.2%in top 10

34 new 65 added 137 reduced 29 sold out vs Q1 2025

Holdings, Q2 2025

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	NETFLIX INC COM NFLX	NFLX	470,980	$630.7m6.70%	6.70%	Reduced -2.4k	-2,432 -0.5%
2	NVIDIA CORPORATION COM NVDA	NVDA	2,763,702	$436.6m4.64%	4.64%	Reduced -36.9k	-36,916 -1.3%
3	AMAZON COM INC COM AMZN	AMZN	1,865,757	$409.3m4.35%	4.35%	Reduced -35.5k	-35,474 -1.9%
4	CLOUDFLARE INC CL A COM NET	NET	1,955,859	$383.0m4.07%	4.07%	Reduced -25.8k	-25,814 -1.3%
5	META PLATFORMS INC CL A META	META	440,837	$325.4m3.45%	3.45%	Reduced -9.5k	-9,486 -2.1%
6	SHOPIFY INC CL A SUB VTG SHS SHOP	SHOP	2,390,749	$275.8m2.93%	2.93%	Added +869.3k	+869,287 57.1%
7	INTUITIVE SURGICAL INC COM NEW ISRG	ISRG	492,476	$267.6m2.84%	2.84%	Added +2.7k	+2,690 0.6%
8	DUOLINGO INC CL A COM DUOL	DUOL	592,717	$243.0m2.58%	2.58%	Reduced -17.9k	-17,899 -2.9%
9	TESLA INC COM TSLA	TSLA	760,459	$241.6m2.56%	2.56%	Reduced -47.8k	-47,835 -5.9%
10	SHAKE SHACK INC CL A SHAK	SHAK	1,419,295	$199.6m2.12%	2.12%	Reduced -31.0k	-30,956 -2.1%
11	TOAST INC CL A TOST	TOST	4,376,607	$193.8m2.06%	2.06%	Reduced -168.8k	-168,850 -3.7%
12	ROBLOX CORP CL A RBLX	RBLX	1,736,140	$182.6m1.94%	1.94%	Reduced -9.8k	-9,771 -0.6%
13	NATERA INC COM NTRA	NTRA	1,037,390	$175.3m1.86%	1.86%	Reduced -129.0k	-129,014 -11.1%
14	QUANTA SVCS INC COM PWR	PWR	400,260	$151.3m1.61%	1.61%	Reduced -16.3k	-16,318 -3.9%
15	MERCADOLIBRE INC COM MELI	MELI	56,515	$147.7m1.57%	1.57%	Reduced -2.3k	-2,276 -3.9%
16	EMBRAER S.A. SPONSORED ADS EMBJ	EMBJ	2,579,572	$146.8m1.56%	1.56%	Reduced -49.8k	-49,779 -1.9%
17	TKO GROUP HOLDINGS INC CL A TKO	TKO	722,602	$131.5m1.40%	1.40%	Reduced -6.4k	-6,435 -0.9%
18	APPFOLIO INC COM CL A APPF	APPF	525,334	$121.0m1.28%	1.28%	Reduced -7.3k	-7,266 -1.4%
19	BOSTON SCIENTIFIC CORP COM BSX	BSX	1,125,253	$120.9m1.28%	1.28%	Reduced -18.9k	-18,886 -1.6%
20	QXO INC COM NEW QXO	QXO	5,226,993	$112.6m1.20%	1.20%	New
21	SPOTIFY TECHNOLOGY S A SHS SPOT	SPOT	145,020	$111.3m1.18%	1.18%	Added +7.0k	+7,006 5.1%
22	ALNYLAM PHARMACEUTICALS INC COM ALNY	ALNY	337,088	$109.9m1.17%	1.17%	Reduced -8.5k	-8,487 -2.5%
23	OSCAR HEALTH INC CL A OSCR	OSCR	4,909,743	$105.3m1.12%	1.12%	Reduced -1.4m	-1,372,074 -21.8%
24	LPL FINL HLDGS INC COM LPLA	LPLA	270,527	$101.4m1.08%	1.08%	Reduced -2.4k	-2,411 -0.9%
25	HUBSPOT INC COM HUBS	HUBS	175,906	$97.9m1.04%	1.04%	Reduced -18.3k	-18,267 -9.4%
26	AFFIRM HLDGS INC COM CL A AFRM	AFRM	1,335,496	$92.3m0.98%	0.98%	Added +86.8k	+86,809 7.0%
27	NEW YORK TIMES CO CL A NYT	NYT	1,615,154	$90.4m0.96%	0.96%	Reduced -13.8k	-13,775 -0.8%
28	ARISTA NETWORKS INC COM SHS ANET	ANET	883,309	$90.4m0.96%	0.96%	Reduced -29.8k	-29,770 -3.3%
29	FRESHPET INC COM FRPT	FRPT	1,319,639	$89.7m0.95%	0.95%	Reduced -86.0k	-85,980 -6.1%
30	SHARKNINJA INC COM SHS SN	SN	900,661	$89.2m0.95%	0.95%	Added +399.0k	+399,043 79.5%
31	SPROUTS FMRS MKT INC COM SFM	SFM	540,873	$89.0m0.95%	0.95%	Reduced -27.0k	-26,978 -4.8%
32	ALPHABET INC CAP STK CL A GOOGL	GOOGL	502,818	$88.6m0.94%	0.94%	Reduced -2.9k	-2,895 -0.6%
33	MICROSOFT CORP COM MSFT	MSFT	176,805	$87.9m0.93%	0.93%	Added +3.8k	+3,776 2.2%
34	SITIME CORP COM SITM	SITM	394,085	$84.0m0.89%	0.89%	Added +28.8k	+28,825 7.9%
35	GAP INC COM GAP	GAP	3,780,187	$82.4m0.88%	0.88%	Reduced -575.7k	-575,741 -13.2%
36	POOL CORP COM POOL	POOL	281,349	$82.0m0.87%	0.87%	Reduced -3.5k	-3,493 -1.2%
37	PALANTIR TECHNOLOGIES INC CL A PLTR	PLTR	579,512	$79.0m0.84%	0.84%	Reduced -114.3k	-114,279 -16.5%
38	BBB FOODS INC CL A COM TBBB	TBBB	2,838,869	$78.8m0.84%	0.84%	Added +4.7k	+4,699 0.2%
39	ROKU INC COM CL A ROKU	ROKU	870,161	$76.5m0.81%	0.81%	Added +32.8k	+32,785 3.9%
40	PROCORE TECHNOLOGIES INC COM PCOR	PCOR	1,095,995	$75.0m0.80%	0.80%	Reduced -17.2k	-17,244 -1.6%
41	GLAUKOS CORP COM GKOS	GKOS	700,634	$72.4m0.77%	0.77%	Reduced -135.9k	-135,895 -16.2%
42	ALPHABET INC CAP STK CL C GOOG	GOOG	406,933	$72.2m0.77%	0.77%	Added +14.2k	+14,215 3.6%
43	BIONTECH SE SPONSORED ADS BNTX	BNTX	667,635	$71.1m0.75%	0.75%	Added +18.4k	+18,351 2.8%
44	BOOT BARN HLDGS INC COM BOOT	BOOT	456,256	$69.4m0.74%	0.74%	Reduced -6.7k	-6,663 -1.4%
45	SIRIUSPOINT LTD COM SPNT	SPNT	3,388,934	$69.1m0.73%	0.73%	Reduced -93.9k	-93,877 -2.7%
46	SERVICETITAN INC SHS CL A TTAN	TTAN	616,908	$66.1m0.70%	0.70%	Added +457.1k	+457,097 286.0%
47	MICRON TECHNOLOGY INC COM MU	MU	517,024	$63.7m0.68%	0.68%	Reduced -61.2k	-61,193 -10.6%
48	AIRBNB INC COM CL A ABNB	ABNB	454,089	$60.1m0.64%	0.64%	Added +59.7k	+59,692 15.1%
49	KNIFE RIVER CORP COMMON STOCK KNF	KNF	714,485	$58.3m0.62%	0.62%	Reduced -311.2k	-311,164 -30.3%
50	ARCUTIS BIOTHERAPEUTICS INC COM ARQT	ARQT	4,155,763	$58.3m0.62%	0.62%	Added +59.7k	+59,712 1.5%
51	FRANCO NEV CORP COM FNV	FNV	350,236	$57.4m0.61%	0.61%	Added +320.7k	+320,656 1084.0%
52	ARM HOLDINGS PLC SPONSORED ADS ARM	ARM	347,089	$56.1m0.60%	0.60%	Added +663	+663 0.2%
53	CBOE GLOBAL MKTS INC COM CBOE	CBOE	226,847	$52.9m0.56%	0.56%	Reduced -25.0k	-25,044 -9.9%
54	ELBIT SYS LTD ORD ESLT	ESLT	111,859	$50.3m0.53%	0.53%	Added +1.7k	+1,738 1.6%
55	RIVIAN AUTOMOTIVE INC COM CL A RIVN	RIVN	3,642,756	$50.1m0.53%	0.53%	Reduced -29.0k	-29,023 -0.8%
56	NEBIUS GROUP N.V. SHS CLASS A NBIS	NBIS	891,693	$49.3m0.52%	0.52%	New
57	CALIX INC COM CALX	CALX	913,698	$48.6m0.52%	0.52%	Added +117.2k	+117,239 14.7%
58	TALEN ENERGY CORP COM TLN	TLN	163,395	$47.5m0.50%	0.50%	Reduced -9.6k	-9,597 -5.5%
59	CROWDSTRIKE HLDGS INC CL A CRWD	CRWD	88,090	$44.9m0.48%	0.48%	Added +2.7k	+2,695 3.2%
60	MARTIN MARIETTA MATLS INC COM MLM	MLM	79,575	$43.7m0.46%	0.46%	Added +3.9k	+3,872 5.1%
61	FLOOR & DECOR HLDGS INC CL A FND	FND	568,823	$43.2m0.46%	0.46%	Reduced -78.5k	-78,534 -12.1%
62	LOAR HOLDINGS INC COM SHS LOAR	LOAR	473,940	$40.8m0.43%	0.43%	Reduced -11.8k	-11,751 -2.4%
63	FERRARI N V COM RACE	RACE	78,648	$38.6m0.41%	0.41%	Added +7.2k	+7,179 10.0%
64	CIRCLE INTERNET GROUP INC COM CL A CRCL	CRCL	206,105	$37.4m0.40%	0.40%	New
65	WARBY PARKER INC CL A COM WRBY	WRBY	1,687,029	$37.0m0.39%	0.39%	Added +8.4k	+8,368 0.5%
66	BLOCK INC CL A XYZ	XYZ	540,724	$36.7m0.39%	0.39%	Reduced -3.9k	-3,932 -0.7%
67	ICICI BANK LIMITED ADR IBN	IBN	1,055,350	$35.5m0.38%	0.38%	Added +42.5k	+42,479 4.2%
68	FIRST WATCH RESTAURANT GROUP COM FWRG	FWRG	2,190,092	$35.1m0.37%	0.37%	Reduced -38.1k	-38,150 -1.7%
69	VERONA PHARMA PLC SPONSORED ADS VRNA	VRNA	365,258	$34.5m0.37%	0.37%	Added +305.5k	+305,547 511.7%
70	GE AEROSPACE COM NEW GE	GE	122,697	$31.6m0.34%	0.34%	Added +46.3k	+46,317 60.6%
71	ROBINHOOD MKTS INC COM CL A HOOD	HOOD	326,112	$30.5m0.32%	0.32%	Added +146.3k	+146,338 81.4%
72	CHART INDS INC COM GTLS	GTLS	183,321	$30.2m0.32%	0.32%	Reduced -98.1k	-98,116 -34.9%
73	INTL GNRL INSURANCE HLDNGS L SHS IGIC	IGIC	1,243,035	$29.9m0.32%	0.32%	Reduced -7.3k	-7,263 -0.6%
74	DICKS SPORTING GOODS INC COM DKS	DKS	150,549	$29.8m0.32%	0.32%	Reduced -306.3k	-306,281 -67.0%
75	SITEONE LANDSCAPE SUPPLY INC COM SITE	SITE	243,349	$29.4m0.31%	0.31%	Added +26.3k	+26,258 12.1%
76	XOMETRY INC CLASS A COM XMTR	XMTR	859,808	$29.1m0.31%	0.31%	Added +613.3k	+613,282 248.8%
77	PORCH GROUP INC COM PRCH	PRCH	2,459,623	$29.0m0.31%	0.31%	Added +719.4k	+719,412 41.3%
78	TWILIO INC CL A TWLO	TWLO	231,488	$28.8m0.31%	0.31%	Added +50.4k	+50,431 27.9%
79	HDFC BANK LTD SPONSORED ADS HDB	HDB	357,062	$27.4m0.29%	0.29%	Added +45.3k	+45,331 14.5%
80	OPTION CARE HEALTH INC COM NEW OPCH	OPCH	828,583	$26.9m0.29%	0.29%	Reduced -51.2k	-51,243 -5.8%
81	TEMPUS AI INC CL A TEM	TEM	413,081	$26.2m0.28%	0.28%	Added +390.7k	+390,723 1747.6%
82	TEXAS ROADHOUSE INC COM TXRH	TXRH	137,647	$25.8m0.27%	0.27%	Reduced -3.4k	-3,380 -2.4%
83	VITA COCO CO INC COM COCO	COCO	641,007	$23.1m0.25%	0.25%	Reduced -10.0k	-9,964 -1.5%
84	MONGODB INC CL A MDB	MDB	107,094	$22.5m0.24%	0.24%	Reduced -291.9k	-291,928 -73.2%
85	CHUBB LIMITED COM CB	CB	74,815	$21.7m0.23%	0.23%	Reduced -1.4k	-1,369 -1.8%
86	FTAI AVIATION LTD SHS FTAI	FTAI	175,068	$20.1m0.21%	0.21%	Reduced -43.2k	-43,183 -19.8%
87	BRIDGEBIO PHARMA INC COM BBIO	BBIO	465,401	$20.1m0.21%	0.21%	Added +343.2k	+343,158 280.7%
88	SNOWFLAKE INC CL A SNOW	SNOW	89,462	$20.0m0.21%	0.21%	Added +57.5k	+57,516 180.0%
89	COSTAR GROUP INC COM CSGP	CSGP	245,432	$19.7m0.21%	0.21%	Reduced -328	-328 -0.1%
90	MASTERCARD INCORPORATED CL A MA	MA	35,100	$19.7m0.21%	0.21%	Reduced -1.8k	-1,755 -4.8%
91	TRANSDIGM GROUP INC COM TDG	TDG	12,834	$19.5m0.21%	0.21%	Reduced -115	-115 -0.9%
92	BERKLEY W R CORP COM WRB	WRB	243,316	$17.9m0.19%	0.19%	Reduced -1.4k	-1,362 -0.6%
93	SWEETGREEN INC COM CL A SG	SG	1,187,836	$17.7m0.19%	0.19%	Added +115.9k	+115,945 10.8%
94	RUBRIK INC. CL A RBRK	RBRK	194,137	$17.4m0.18%	0.18%	Added +80.3k	+80,341 70.6%
95	MAGNOLIA OIL & GAS CORP CL A MGY	MGY	743,357	$16.7m0.18%	0.18%	Reduced -54.1k	-54,128 -6.8%
96	UNIVERSAL TECHNICAL INST INC COM UTI	UTI	476,483	$16.1m0.17%	0.17%	Added +392.1k	+392,079 464.5%
97	TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS TSM	TSM	63,487	$14.4m0.15%	0.15%	Added +58.0k	+58,034 1064.3%
98	KYMERA THERAPEUTICS INC COM KYMR	KYMR	329,020	$14.4m0.15%	0.15%	Added +10.6k	+10,639 3.3%
99	LIVE NATION ENTERTAINMENT IN COM LYV	LYV	85,173	$12.9m0.14%	0.14%	New
100	AMERICAN TOWER CORP NEW COM AMT	AMT	57,712	$12.8m0.14%	0.14%	Reduced -172	-172 -0.3%

Sold out since Q1 2025

Security	Ticker	Shares held before	Value then
BELLRING BRANDS INC BRBR	BRBR	486,025	$36.2m486.0k shares
ZOOM COMMUNICATIONS INC ZM	ZM	407,079	$30.0m407.1k shares
LANDBRIDGE COMPANY LLC LB	LB	185,078	$13.3m185.1k shares
MARVELL TECHNOLOGY INC MRVL	MRVL	144,411	$8.9m144.4k shares
BOWHEAD SPECIALTY HLDGS INC BOW	BOW	89,281	$3.6m89.3k shares
INSULET CORP PODD	PODD	9,754	$2.6m9.8k shares
SOLENO THERAPEUTICS INC SLNO	SLNO	33,086	$2.4m33.1k shares
PROCEPT BIOROBOTICS CORP PRCT	PRCT	37,087	$2.2m37.1k shares
WATSCO INC WSO	WSO	4,021	$2.0m4.0k shares
MERUS N V MRUS	MRUS	45,942	$1.9m45.9k shares
DUTCH BROS INC BROS	BROS	26,745	$1.7m26.7k shares
STANDARDAERO INC SARO	SARO	57,392	$1.5m57.4k shares
VICTORIAS SECRET AND CO VSXY	VSXY	68,565	$1.3m68.6k shares
CRINETICS PHARMACEUTICALS IN CRNX	CRNX	24,470	$820.7k24.5k shares
VERTEX PHARMACEUTICALS INC VRTX	VRTX	1,679	$814.0k1.7k shares
REMITLY GLOBAL INC RELY	RELY	35,673	$742.0k35.7k shares
SPHERE ENTERTAINMENT CO SPHR	SPHR	18,695	$611.7k18.7k shares
NEWAMSTERDAM PHARMA COMPANY NAMS	NAMS	29,569	$605.3k29.6k shares
SAREPTA THERAPEUTICS INC SRPT	SRPT	9,436	$602.2k9.4k shares
EUROPEAN WAX CTR INC EWCZ	EWCZ	138,621	$547.6k138.6k shares
THE TRADE DESK INC TTD	TTD	9,061	$495.8k9.1k shares
INTERCONTINENTAL EXCHANGE IN ICE	ICE	2,788	$480.9k2.8k shares
CARGURUS INC CARG	CARG	13,620	$396.8k13.6k shares
ROCKET LAB USA INC		17,153	$306.7k17.2k shares
NEKTAR THERAPEUTICS		412,379	$280.4k412.4k shares