A&Q Technology Fund LLC

Schedule of Portfolio Investments

(Unaudited)

March 31, 2020

Investment Fund (a)	Geographic Focus		Cost		Fair Value		% of Members’ Capital			Initial Acquisition Date		Redemption Frequency (b)		Redemption Notice Period (c)		First Available Redemption Date			Dollar Amount of Fair Value for First Available Redemption
Equity Hedged
Alta Park Fund Onshore, LP		US/Canada	$	13,000,000	$	13,510,808		7.83	%		7/1/2019		Quarterly		45 days		6/30/2020	(d)	$	10,382,740
Biomedical Value Fund, L.P.		US/Canada		15,500,000		18,617,864		10.79			3/1/2019		Quarterly		120 days		3/31/2020	(e)	$	11,717,714
G2 Investment Partners QP, L.P.		US/Canada		10,267,768		14,463,852		8.38			5/1/2014		Monthly		60 days		3/31/2020	(f)	$	7,231,926
Jericho Capital Partners L.P.		US/Canada		7,465,509		17,897,427		10.37			5/1/2011		Quarterly		60 days		3/31/2020		$	17,897,427
KCL Capital Fund L.P.		Global		16,000,000		17,657,520		10.24			11/1/2018		Quarterly		65 days		3/31/2020		$	17,657,520
Light Street Argon, L.P.		Global		14,000,000		14,587,466		8.46			7/1/2019		Quarterly		45 days		6/30/2020	(d)	$	9,751,003
Perceptive Life Sciences Qualified Fund, L.P.		US/Canada		2,662,716		12,010,447		6.96			1/1/2013		Quarterly		45 days		3/31/2020		$	12,010,447
Visium Balanced Fund, L.P.		US/Canada		49,735		70,386		0.04			1/1/2010		N/A		N/A		N/A	(g)		N/A
Vista Public Strategies Onshore Fund, L.P.		Global		14,068,535		15,913,987		9.22			8/1/2017		Quarterly		60 days		3/31/2020		$	15,913,987
Woodline Fund LP		Global		18,000,000		19,193,325		11.13			8/1/2019		Quarterly		60 days		9/30/2020	(d),(h)	$	3,736,040
Equity Hedged Subtotal				111,014,263		143,923,082		83.42
Total			$	111,014,263	$	143,923,082		83.42	%

(a) Each Investment Fund noted within the Schedule of Portfolio Investments is non-income producing.

(b) Available frequency of redemptions after the initial lock-up period, if any. Different tranches may have varying liquidity terms.

(c) Unless otherwise noted, the redemption notice periods are shown in calendar days.

(d) The holding is under lock-up and is not redeemable without paying a fee.

(e) A portion of this holding ($6,900,150) is under lock-up and is not redeemable.

(f) The Investment Fund is subject to an investor level gate of 50% during any 90-day period, without a penalty.

(g) The Investment Fund is in liquidation. In addition to any redemption proceeds that may have already been received, the Fund will continue to receive proceeds periodically as the Investment Fund liquidates its underlying investments.

(h) The Investment Fund is subject to an investor level gate of 25%.

Complete information about the Investment Funds’ underlying investments is not readily available.

The Fund’s valuation procedures require evaluation of all relevant factors available at the time the Fund values its portfolio. These relevant factors include the individual Investment Funds’ compliance with fair value measurements, price transparency and valuation procedures in place, and subscription and redemption activity.

A&Q Technology Fund LLC

Schedule of Portfolio Investments (continued)

(Unaudited)

March 31, 2020

Portfolio Valuation

Net asset value of the Fund is determined by the Fund’s administrator, under the oversight of the Adviser, as of the close of business at the end of any fiscal period in accordance with the valuation principles or as may be determined from time to time pursuant to policies established by the Board of Directors.

The investments within the scope of ASC 820, for which fair value is measured using net asset value as a practical expedient, should not be categorized within the fair value hierarchy. The total fair value of the investments in Investment Funds valued using net asset value as a practical expedient is $143,923,082.

The Investment Funds in the equity hedged strategy (total fair value of $143,923,082) generally utilize fundamental analysis to invest in publicly traded equities investing in both long and short positions seeking to capture perceived security mispricing. Portfolio construction is driven primarily by bottom-up fundamental research; top-down analysis may also be applied. As of March 31, 2020, the Investment Funds in the equity hedged strategy had $68,655,601, representing 48% of the value of the investments in this category, subject to an investor level gate or lock-ups. Included in this amount is $54,191,749, representing 38% of the value of the investment in this category, that cannot be redeemed in full because the investment includes restrictions that do not allow for redemptions in the first 12 months after acquisition. The remaining restriction period for these investments ranges from 1-9 months at March 31, 2020. An investment representing less than 1% of the value of investments in this category is in liquidation; therefore, the redemption notice period is no longer effective for this investment and the liquidation of assets is uncertain.

Investment Funds with no current redemption restrictions may be subject to future gates, lock-up provisions or other restrictions, in accordance with their offering documents. The Fund had no unfunded capital commitments as of March 31, 2020.

Please refer to the December 31, 2019 financial statements for full disclosure on the Fund’s portfolio valuation methodology.