Founders Fund V Management 13F annual report

Founders Fund V Management is an investment fund managing more than $1.16 billion ran by Neil Pai. There are currently 3 companies in Mr. Pai’s portfolio. The largest investments include Applied Molecular Trans Inc and Unity Biotechnology Inc, together worth $1.06 billion.

$1.16 billion Assets Under Management (AUM)

As of 7th August 2023, Founders Fund V Management’s top holding is 3,611,615 shares of Applied Molecular Trans Inc currently worth over $932 million and making up 80.2% of the portfolio value. In addition, the fund holds 49,172 shares of Unity Biotechnology Inc worth $125 million, whose value fell 33.5% in the past six months. The third-largest holding is Rigetti Computing Inc worth $104 million.

Currently, Founders Fund V Management's portfolio is worth at least $1.16 billion. The total portfolio value may be much higher due to cash assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.

Careers at Founders Fund V Management

The Founders Fund V Management office and employees reside in San Francisco, California. According to the last 13-F report filed with the SEC, Neil Pai serves as the General Counsel at Founders Fund V Management.

Recent trades

In the most recent 13F filing, Founders Fund V Management revealed that it had opened a new position in Unity Biotechnology Inc and bought 49,172 shares worth $125 million.

On the other hand, there are companies that Founders Fund V Management is getting rid of from its portfolio. Founders Fund V Management closed its position in Leafly Holdings Inc on 14th August 2023. It sold the previously owned 354,339 shares for $1.59 million.

One of the smallest hedge funds

The two most similar investment funds to Founders Fund V Management are Doyle Wealth Management and Neville Rodie & Shaw Inc. They manage $1.16 billion and $1.16 billion respectively.

Neil Pai investment strategy

Founders Fund V Management’s portfolio is diversified across 2 sectors. Currently, their heaviest sector is Health Care — making up 10.8% of the total portfolio value. The fund focuses on investments in the United States as 33.3% of the portfolio companies are based in the United States.

The majority of the companies in the fund’s portfolio are small-cap stocks. Stocks with a size of more than $100 million in market cap make up 33% of the total holdings value. On the other hand, large-cap stocks make up only approximately 0.1% of the portfolio. The average market cap of the portfolio companies is close to $39.6 million.

The complete list of Founders Fund V Management trades based on 13F SEC filings

These positions were updated on August 14th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.

Security	Shares Owned	Value	Allocation
Applied Molecular Trans Inc	No change 3,611,615	$931,797,000	80.24%
Unity Biotechnology Inc	Opened 49,172	$125,389,000	10.80%
Rigetti Computing Inc	Opened 88,621	$104,130,000	8.97%
Leafly Holdings Inc	Closed 354,339	$1,594,000
Unity Biotechnology Inc	Closed 491,751	$275,000
No transactions found
Showing first 500 out of 5 holdings