1y return+95.8%S&P 500 +20.9%
3y return+238.8%S&P 500 +68.5%
5y return+16.4%S&P 500 +74.5%
These returns are for its stock picks as disclosed on Form 13F: last quarter's holdings, valued at this quarter's prices. They miss trades within each quarter, short positions, options, bonds, cash and fees, so they aren't the returns its clients got.
$100 invested in its stock picks
Since December 31, 2019: $318 against $232 in the S&P 500.2
Tao Capital Management LPS&P 500 (SPY)
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| SPCXSpace Exploration Technologies Corp. | $1.8B | 93.7% | New |
| TWSTTwist Bioscience Corporation | $49.3M | 2.5% | −42.2% |
| TSLATesla, Inc. | $36.3M | 1.9% | |
| HHyatt Hotels Corporation | $13.6M | 0.7% | |
| MDGLMadrigal Pharmaceuticals, Inc. | $11.3M | 0.6% | |
| TXG10x Genomics, Inc. | $10.9M | 0.6% | +34.4% |
Best picks still held
How each current holding has done since the quarter it first appeared in its filings (up to six years back).
| Stock | Held since | Return since | Now worth |
|---|---|---|---|
| HHyatt Hotels Corporation | June 30, 2020 | +285.5% | $13.6M |
| TXG10x Genomics, Inc. | September 30, 2025 | +228.0% | $10.9M |
| TWSTTwist Bioscience Corporation | June 30, 2020 | +127.1% | $49.3M |
| TSLATesla, Inc. | June 30, 2020 | +16.8% | $36.3M |
Sold off last quarter
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +58.3% | +14.8% |
| March 31, 2026 | +2.3% | −4.6% |
| December 31, 2025 | +1.4% | +2.4% |
| September 30, 2025 | +19.3% | +7.8% |
| June 30, 2025 | +17.4% | +10.5% |
| March 31, 2025 | −14.8% | −4.6% |
| December 31, 2024 | +30.1% | +2.1% |
| September 30, 2024 | −9.6% | +5.4% |
| June 30, 2024 | +15.8% | +4.0% |
| March 31, 2024 | −3.3% | +10.0% |
| December 31, 2023 | +36.4% | +11.2% |
| September 30, 2023 | −3.7% | −3.6% |
| June 30, 2023 | +37.6% | +8.3% |
| March 31, 2023 | +4.4% | +7.0% |
| December 31, 2022 | −26.5% | +7.1% |
| September 30, 2022 | +5.6% | −5.3% |
| June 30, 2022 | −42.0% | −16.5% |
| March 31, 2022 | −22.6% | −4.9% |
| December 31, 2021 | −14.3% | +10.7% |
| September 30, 2021 | −19.8% | +0.3% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Tao Capital Management LP Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1802967&type=13F-HR&dateb=&owner=include&count=40CIK 1802967
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/1802967/000180296726000004/Filed August 14, 2026 · accession 0001802967-26-000004