CROSSLINK CAPITAL INC

Crosslink Capital's $1.02B portfolio as of March 31, 2026 stands out for an unusual dual structure: a 48% anchor in Chime Financial Inc (CHYM) — the digital banking platform — alongside a high-conviction technology sleeve that accounts for most of the remaining book. The Chime position, held at 26.2 million shares worth $490M, declined $195M in value during Q1 while share count was essentially stable, suggesting mark-to-market weakness in the Neobank sector rather than a deliberate trim. The technology allocation is where genuine stock-picking shows through: Lam Research (LRCX, $104M, 10.2%), Alphabet (GOOGL, $60M, 5.9%), Micron (MU, $57M, 5.5%), Datadog (DDOG, $26M, up $13M during the quarter), DoorDash (DASH, $25M), Nutanix (NTNX, $25M), MercadoLibre (MELI, $24M), Nvidia (NVDA, $22M, a new initiation), and Salesforce (CRM, $25M, new) span semiconductors, cloud infrastructure, AI infrastructure, fintech, logistics technology, and e-commerce. Twelve of 21 holdings are technology names, and the portfolio's sector breakdown — Financial Services at 48%, Technology at 38%, Communication Services at 6% — maps closely to a thesesdriven fintech-and-infrastructure mandate. Nu Holdings ($44M, up $17M) and AppFolio ($11M, up $5.5M) were the quarter's largest increases by percentage, while MercadoLibre was cut in half (share count dropped 50%) and Pure Storage (PSTG) fell 73% on a partial exit.