PATHWAY CAPITAL MANAGEMENT, LP
CIK
1037353
Location
Irvine, CA
Portfolio Value
Micro
$4,297,299
Diversification
Highly concentrated
Filing Date
Global Rank
#8,380
/ 8,605
▼ 71
· as of Mar 2026
Top Industry
Drug Manufacturers - Specialty & Generic
80.3%
3Y Alpha vs SPY
-6.2%
Period ended 3 months ago
Filed May 1, 2026 · 2mo
25 quarters · since Mar 2020
Clone Performance
Jul 2023–Jul 2026 · vs SPYHypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.
Cloned portfolio
+51.6%
SPY
+76.5%
Annualised alpha
-6.0%
Max drawdown
−51.6%
Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.
Portfolio Concentration
2 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025Top Position
80.3%
+51.9 pts
Top 5
100.0%
0.0 pts
Top 10
100.0%
0.0 pts
HHI
6,831
Highly concentrated+4,404
Portfolio Trend
25 quarters · across all stocks
Sector Breakdown
As of Mar 31, 2026| Sector | % Portfolio | Value |
|---|---|---|
| Healthcare | 80.3% | $3,448,832 |
| Financial Services | 19.7% | $848,467 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increasedNo qualifying positions this quarter.
Trimmed
Positions the filer reduced
1 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| ETOR | eToro Group Ltd. | −5,777 | 28,254 | $848,467 | |
| No positions match the current search. | |||||
New Positions
Positions the filer opened this quarter
1 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| LQDA | Liquidia Corp | 91,384 | $3,448,832 | |
| No positions match the current search. | ||||
2 positions ·
$4,297,299 total
· as of Mar 31, 2026
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| LQDA |
Liquidia Corp
Healthcare
|
NEW | 91,384 | $3,448,832 | 80.26% | |
| ETOR |
eToro Group Ltd.
Financial Services
|
Reduced | 28,254 | $848,467 | 19.74% |