OGBORNE CAPITAL MANAGEMENT, LLC

The portfolio is characterized by a high-conviction, low-turnover strategy with extreme concentration. The manager holds only 14 positions, indicating a preference for a focused approach rather than broad diversification. The portfolio is heavily skewed, with the top three positions accounting for 80.48% of the total value. This structure suggests high conviction in specific secular growth themes and a willingness to tolerate idiosyncratic risk in exchange for potential alpha.

2. Key Holdings

The portfolio is dominated by "Large Cap" technology and communication leaders, with a distinct tilt toward companies benefiting from digital advertising and artificial intelligence infrastructure.