# EDGAR Filing Document

**Accession Number:** 0001964563
**File Stem:** 0001104659-25-085694
**Filing Date:** 2025-8
**Character Count:** 4042
**Document Hash:** 163f954a01b485412071ed86291dbe2a
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001104659-25-085694.hdr.sgml**: 20250829

**ACCESSION NUMBER**: 0001104659-25-085694

**CONFORMED SUBMISSION TYPE**: N-PX

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250829

**EFFECTIVENESS DATE**: 20250829

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Madrone Advisors, LLC
- **CENTRAL INDEX KEY:** 0001964563

**ORGANIZATION NAME:**
- **EIN:** 202329719
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** N-PX
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-22932
- **FILM NUMBER:** 251281134

**BUSINESS ADDRESS:**
- **STREET 1:** PO BOX #6476
- **CITY:** DENVER
- **STATE:** CO
- **ZIP:** 80206
- **BUSINESS PHONE:** 650-854-8304

**MAIL ADDRESS:**
- **STREET 1:** PO BOX #6476
- **CITY:** DENVER
- **STATE:** CO
- **ZIP:** 80206

## FORM N-PX
### ANNUAL REPORT OF PROXY VOTING RECORD

## N-PX: Filer Information

**Filer CIK:** 0001964563

**Date of Report:** 06/30/2025

**Are you a Registered Management Investment Company or an Institutional Manager?:** Institutional Manager

**Is this a LIVE or TEST Filing?:** LIVE

**Is this an electronic copy of an official filing submitted in paper format?:** [ ]

### Submission Contact Information
_Not provided in this filing._

### Notification Information
**Notify via Filing Website only?:** [ ]

## N-PX: Cover Page

**Name of reporting person:** Madrone Advisors, LLC

**Address:** PO Box #6476, Denver, CO 80206

**Telephone number:** 479-802-7392

**Name of agent for service:** Erron Smith

**Agent Address:** c/o Madrone Advisors, LLC, Denver, CO 80206

**Reporting Period:** Report for the year ended 06/30/2025

**SEC File Number:** 028-22932

**CRD Number (if any):** —

**Other SEC File Number (if any):** —

**LEI (if any):** —

**Report Type (check only one):**

Institutional Manager.

- [x] Institutional Manager Voting Report

- [ ] Institutional Manager Notice Report

- [ ] Institutional Manager Combination Report

Registered Management Investment Company.

- [ ] Fund Voting Report

- [ ] Fund Notice Report

**Do you wish to provide explanatory information pursuant to Special Instruction B.4?:**

- [x] No

- [ ] Yes

**Additional information:** —

## N-PX: Summary - Included Managers

**Number of Included Institutional Managers:** 0

**Included Institutional Managers:** —

## FORM N-PX PROXY VOTING RECORD

| NAME OF ISSUER                          | CUSIP     | MEETING DATE   | VOTE DESCRIPTION                                                                                                        | VOTE CATEGORY                |   SHARES VOTED |   SHARES ON LOAN | HOW VOTED   | SHARES VOTED FOR OR AGAINST MANAGEMENT   | FOR OR AGAINST MANAGEMENT   | OTHER INFO   |
|:---|:---|:---|:---|:---|---:|---:|:---|:---|:---|:---|
| Illumina, Inc.                          | 452327109 | 05/20/2025     | To approve, on an advisory basis, the compensation of the named executive officers as disclosed in the Proxy Statement. | SECTION 14A SAY-ON-PAY VOTES |              0 |                0 |  |  |  |  |
| Pacific Biosciences of California, Inc. | 69404D108 | 06/04/2025     | To approve, on an advisory basis, the compensation of our named executive officers.                                     | SECTION 14A SAY-ON-PAY VOTES |       20941915 |                0 | FOR         | 20941915                                 | FOR                         |  |
| QXO Inc.                                | 82846H405 | 05/12/2025     | Advisory vote to approve executive compensation                                                                         | SECTION 14A SAY-ON-PAY VOTES |       10940920 |                0 | FOR         | 10940920                                 | FOR                         |  |

## N-PX: Signature Block

**Reporting Person:** Madrone Advisors, LLC

**By (Signature):** Erron Smith

**By (Printed Signature):** Erron Smith

**By (Title):** Assistant Secretary

**Date:** 08/29/2025