Pathway Capital Management LP: Concentrated Holdings in Top Stocks for Q3 2026

As of June 30, 2026, Pathway Capital Management LP maintains a highly concentrated investment strategy across its portfolio. The institutional investor holds four distinct positions, all weighted significantly within their holdings.

Portfolio Composition

The bulk of the fund's assets are allocated to Technology sector stocks and Financial Services companies. This quarter's filing shows Pathway Capital Management holding substantial percentages in these areas:

• RBRK (Rubrik, Inc.) accounts for 53.56% of the portfolio
• HOOD (Robinhood Markets, Inc.) represents a significant 33.66%
• The remaining allocation falls into Technology and Unknown sectors combined.

Detailed Holding Changes

In this quarter's review, Pathway Capital Management demonstrated consistent ownership in its key holdings:

• RBRK: The fund held 159,775 shares throughout the previous period and maintained that position fully.
• HOOD: Similarly, HOOD saw full retention of its prior share count by Pathway Capital Management.
• TTAN (ServiceTitan, Inc.): While not a new addition, TTAN experienced a notable increase in its portfolio weighting from last quarter's changes.
• BLND (Blend Labs, Inc.): This stock was added to the portfolio this quarter with full increases across all metrics.

The data indicates that Pathway Capital Management has not sold any of these positions during this period and continues to build its stake in TTAN significantly. The fund's holdings are dominated by large-cap Technology companies, specifically RBRK and HOOD which together make up the vast majority of the portfolio.

Significant Investment Patterns

The investor's actions suggest a strong preference for established market positions within specific sectors:

• RBRK (Rubrik, Inc.) is held at its highest weighting to date: 53.56%
• HOOD (Robinhood Markets, Inc.) maintains its substantial allocation of 33.66%
• The addition of BLND indicates a Technology focus extending beyond the largest names
• The increase in TTAN suggests growing confidence or conviction in this stock.

This filing shows Pathway Capital Management maintaining its core positions while selectively adding and increasing exposure to other large-cap stocks. The fund's portfolio remains heavily concentrated, with all four holdings representing significant portions of the total value.