a16z Perennial Management, L.P.
CIK 0002009275
Annualised vol
16.370175%
Beta
0.443193
HHI
922.711436
Top-10 weight
78.446033%
VaR 95%
1.664004%
VaR 99%
3.030113%
Max drawdown
38.401966%
Matched value
47.981907%
Returns of reported holdings
Loading returns…
Position changes vs prior quarter
What the latest 13F shows bought and sold against the quarter before, by share count.
| Ticker | Change | Shares now | Shares before | Share change % | Value now ($) |
|---|---|---|---|---|---|
| COIN | ADDED | 1,619,231 | 1,591,695 | 1.73% | 215,640,388 |
| IOT | REDUCED | 6,911,884 | 7,311,076 | -5.46% | 173,780,343 |
| AVGO | REDUCED | 135,798 | 143,531 | -5.39% | 51,297,695 |
| ABNB | REDUCED | 294,893 | 548,493 | -46.24% | 42,199,188 |
| META | REDUCED | 51,051 | 55,136 | -7.41% | 28,756,518 |
| AXP | REDUCED | 59,779 | 116,708 | -48.78% | 20,220,247 |
| OKTA | REDUCED | 103,080 | 571,580 | -81.97% | 14,065,266 |
| RVMD | REDUCED | 51,490 | 131,514 | -60.85% | 9,643,047 |
| FIG | NEW | 407,253 | - | - | 7,369,291 |
| OMDA | ADDED | 334,071 | 192,466 | 73.57% | 7,332,688 |
| RBLX | ADDED | 118,226 | 113,394 | 4.26% | 6,429,033 |
| WLTH | NEW | 258,624 | - | - | 2,312,099 |
| AMZN | REDUCED | 9,690 | 24,069 | -59.74% | 2,309,515 |
| GOOGL | REDUCED | 6,451 | 25,948 | -75.14% | 2,295,553 |
| PINS | UNCHANGED | 99,833 | 99,833 | 0.0% | 2,099,488 |
| AAPL | REDUCED | 6,790 | 25,820 | -73.7% | 1,964,754 |
| CART | REDUCED | 31,862 | 73,240 | -56.5% | 1,508,118 |
| IAUM | NEW | 17,077 | - | - | 683,251 |
| NVDA | REDUCED | 3,200 | 37,215 | -91.4% | 640,288 |
| MSFT | REDUCED | 1,486 | 11,151 | -86.67% | 551,357 |
| DASH | REDUCED | 2,680 | 2,990 | -10.37% | 494,540 |
| WVE | UNCHANGED | 77,619 | 77,619 | 0.0% | 450,966 |
| RDDT | NEW | 2,471 | - | - | 429,890 |
| NFLX | REDUCED | 5,740 | 14,560 | -60.58% | 409,836 |
| INTC | NEW | 2,600 | - | - | 352,755 |
| ETHW | UNCHANGED | 22,197 | 22,197 | 0.0% | 250,382 |
| IVVD | UNCHANGED | 79,869 | 79,869 | 0.0% | 69,678 |
| RCKT | UNCHANGED | 11,335 | 11,335 | 0.0% | 38,766 |
| MFG | CLOSED OUT | 0 | 17,819 | -100.0% | 0 |
| ICL | CLOSED OUT | 0 | 12,896 | -100.0% | 0 |
| CMCSA | CLOSED OUT | 0 | 10,959 | -100.0% | 0 |
| WMT | CLOSED OUT | 0 | 10,657 | -100.0% | 0 |
| PFE | CLOSED OUT | 0 | 10,118 | -100.0% | 0 |
| PLTR | CLOSED OUT | 0 | 7,954 | -100.0% | 0 |
| T | CLOSED OUT | 0 | 6,939 | -100.0% | 0 |
| KO | CLOSED OUT | 0 | 6,787 | -100.0% | 0 |
| UBS | CLOSED OUT | 0 | 5,648 | -100.0% | 0 |
| C | CLOSED OUT | 0 | 5,351 | -100.0% | 0 |
| MS | CLOSED OUT | 0 | 5,130 | -100.0% | 0 |
| FE | CLOSED OUT | 0 | 4,496 | -100.0% | 0 |
| SLB | CLOSED OUT | 0 | 4,478 | -100.0% | 0 |
| ORCL | CLOSED OUT | 0 | 4,239 | -100.0% | 0 |
| TSLA | CLOSED OUT | 0 | 3,928 | -100.0% | 0 |
| UL | CLOSED OUT | 0 | 3,790 | -100.0% | 0 |
| JPM | CLOSED OUT | 0 | 3,789 | -100.0% | 0 |
| AMD | CLOSED OUT | 0 | 3,730 | -100.0% | 0 |
| E | CLOSED OUT | 0 | 3,701 | -100.0% | 0 |
| GILD | CLOSED OUT | 0 | 3,640 | -100.0% | 0 |
| MRK | CLOSED OUT | 0 | 3,612 | -100.0% | 0 |
| JNJ | CLOSED OUT | 0 | 3,519 | -100.0% | 0 |
| RTX | CLOSED OUT | 0 | 3,418 | -100.0% | 0 |
| PG | CLOSED OUT | 0 | 3,327 | -100.0% | 0 |
| CL | CLOSED OUT | 0 | 3,156 | -100.0% | 0 |
| AIG | CLOSED OUT | 0 | 3,124 | -100.0% | 0 |
| ANET | CLOSED OUT | 0 | 3,024 | -100.0% | 0 |
| TTE | CLOSED OUT | 0 | 2,906 | -100.0% | 0 |
| EBAY | CLOSED OUT | 0 | 2,886 | -100.0% | 0 |
| NVS | CLOSED OUT | 0 | 2,618 | -100.0% | 0 |
| OKE | CLOSED OUT | 0 | 2,606 | -100.0% | 0 |
| CVX | CLOSED OUT | 0 | 2,575 | -100.0% | 0 |
| PM | CLOSED OUT | 0 | 2,546 | -100.0% | 0 |
| COP | CLOSED OUT | 0 | 2,505 | -100.0% | 0 |
| NOW | CLOSED OUT | 0 | 2,475 | -100.0% | 0 |
| NEE | CLOSED OUT | 0 | 2,460 | -100.0% | 0 |
| MU | CLOSED OUT | 0 | 2,458 | -100.0% | 0 |
| AON | CLOSED OUT | 0 | 2,310 | -100.0% | 0 |
| CRM | CLOSED OUT | 0 | 2,117 | -100.0% | 0 |
| AZN | CLOSED OUT | 0 | 1,993 | -100.0% | 0 |
| UNH | CLOSED OUT | 0 | 1,879 | -100.0% | 0 |
| BG | CLOSED OUT | 0 | 1,852 | -100.0% | 0 |
| DUK | CLOSED OUT | 0 | 1,847 | -100.0% | 0 |
| PSX | CLOSED OUT | 0 | 1,815 | -100.0% | 0 |
| WDC | CLOSED OUT | 0 | 1,771 | -100.0% | 0 |
| V | CLOSED OUT | 0 | 1,602 | -100.0% | 0 |
| PEP | CLOSED OUT | 0 | 1,498 | -100.0% | 0 |
| ADI | CLOSED OUT | 0 | 1,469 | -100.0% | 0 |
| HWM | CLOSED OUT | 0 | 1,321 | -100.0% | 0 |
| HD | CLOSED OUT | 0 | 1,287 | -100.0% | 0 |
| GS | CLOSED OUT | 0 | 1,273 | -100.0% | 0 |
| ETN | CLOSED OUT | 0 | 1,238 | -100.0% | 0 |
| LLY | CLOSED OUT | 0 | 1,238 | -100.0% | 0 |
| TM | CLOSED OUT | 0 | 1,226 | -100.0% | 0 |
| STLD | CLOSED OUT | 0 | 1,126 | -100.0% | 0 |
| LRCX | CLOSED OUT | 0 | 1,100 | -100.0% | 0 |
| UI | CLOSED OUT | 0 | 1,058 | -100.0% | 0 |
| TMUS | CLOSED OUT | 0 | 1,054 | -100.0% | 0 |
| HSY | CLOSED OUT | 0 | 1,007 | -100.0% | 0 |
| GEV | CLOSED OUT | 0 | 980 | -100.0% | 0 |
| MCD | CLOSED OUT | 0 | 905 | -100.0% | 0 |
| CAT | CLOSED OUT | 0 | 858 | -100.0% | 0 |
| MA | CLOSED OUT | 0 | 724 | -100.0% | 0 |
| COST | CLOSED OUT | 0 | 653 | -100.0% | 0 |
| SNDK | CLOSED OUT | 0 | 590 | -100.0% | 0 |
| INTU | CLOSED OUT | 0 | 550 | -100.0% | 0 |
| CMI | CLOSED OUT | 0 | 490 | -100.0% | 0 |
| KLAC | CLOSED OUT | 0 | 344 | -100.0% | 0 |
Holdings (latest quarter)
| Ticker | Change | Issuer | Class | CUSIP | Value ($) | Weight % | Shares |
|---|---|---|---|---|---|---|---|
| COIN | ADDED | COINBASE GLOBAL INC | COM CL A | 19260Q107 | 215,464,454 | 17.42 | 1473831.0 |
| - | NU HLDGS LTD | ORD SHS CL A | G6683N103 | 192,973,176 | 15.6 | 1.44441E7 | |
| IOT | REDUCED | SAMSARA INC | COM CL A | 79589L106 | 173,310,123 | 14.01 | 5344484.0 |
| - | VANGUARD INDEX FDS | S&P 500 ETF SHS | 922908363 | 100,828,561 | 8.15 | 147401.0 | |
| - | ISHARES TR | CORE US AGGBD ET | 464287226 | 61,014,988 | 4.93 | 615315.0 | |
| AVGO | REDUCED | BROADCOM INC | COM | 11135F101 | 51,297,695 | 4.15 | 135798.0 |
| - | VANGUARD TAX-MANAGED FDS | VAN FTSE DEV MKT | 921943858 | 47,463,385 | 3.84 | 667483.0 | |
| - | ROBINHOOD MKTS INC | COM CL A | 770700102 | 47,058,252 | 3.8 | 469215.0 | |
| ABNB | REDUCED | AIRBNB INC | COM CL A | 009066101 | 42,199,188 | 3.41 | 294893.0 |
| - | ISHARES TR | CORE S&P500 ETF | 464287200 | 38,863,647 | 3.14 | 51895.0 | |
| META | REDUCED | META PLATFORMS INC | CL A | 30303M102 | 28,756,518 | 2.32 | 51051.0 |
| AXP | REDUCED | AMERICAN EXPRESS CO | COM | 025816109 | 20,220,247 | 1.63 | 59779.0 |
| - | VANGUARD INDEX FDS | TOTAL STK MKT | 922908769 | 16,534,497 | 1.34 | 44683.0 | |
| - | TIDAL TRUST I | RPAR RISK PARI | 886364603 | 16,176,985 | 1.31 | 726729.0 | |
| - | WORLD GOLD TR | SPDR GLD MINIS | 98149E303 | 15,733,896 | 1.27 | 198110.0 | |
| OKTA | REDUCED | OKTA INC | CL A | 679295105 | 14,065,266 | 1.14 | 103080.0 |
| - | JANUS DETROIT STR TR | HENDRSON AAA CL | 47103U845 | 10,964,156 | 0.89 | 217155.0 | |
| - | ISHARES TR | US TREAS BD ETF | 46429B267 | 10,478,485 | 0.85 | 459986.0 | |
| - | ISHARES INC | CORE MSCI EMKT | 46434G103 | 9,856,635 | 0.8 | 118984.0 | |
| RVMD | REDUCED | REVOLUTION MEDICINES INC | COM | 76155X100 | 9,643,047 | 0.78 | 51490.0 |
| - | AFFIRM HLDGS INC | COM CL A | 00827B106 | 7,993,531 | 0.65 | 98020.0 | |
| - | ISHARES TR | TIPS BD ETF | 464287176 | 7,558,877 | 0.61 | 69075.0 | |
| FIG | NEW | FIGMA INC | CLASS A COM STK | 316841105 | 7,369,291 | 0.6 | 407253.0 |
| OMDA | ADDED | OMADA HEALTH INC | COM | 68170A108 | 7,332,688 | 0.59 | 334071.0 |
| - | FLEXSHARES TR | MORNSTAR UPSTR | 33939L407 | 7,247,409 | 0.59 | 147066.0 | |
| - | GRANITESHARES GOLD TR | SHS BEN INT | 38748G101 | 7,192,325 | 0.58 | 181946.0 | |
| - | ISHARES TR | MBS ETF | 464288588 | 6,595,133 | 0.53 | 69775.0 | |
| - | DISNEY WALT CO | COM | 254687106 | 6,526,135 | 0.53 | 67804.0 | |
| - | ISHARES TR | TRUST ISHARE 0-1 | 464288679 | 6,441,571 | 0.52 | 58374.0 | |
| RBLX | ADDED | ROBLOX CORP | CL A | 771049103 | 6,429,033 | 0.52 | 118226.0 |
| - | ISHARES TR | S&P 500 VAL ETF | 464287408 | 4,496,634 | 0.36 | 19804.0 | |
| - | ISHARES INC | MSCI EMRG CHN | 46434G764 | 4,074,098 | 0.33 | 39825.0 | |
| - | DIGITALOCEAN HLDGS INC | COM | 25402D102 | 3,290,093 | 0.27 | 20952.0 | |
| - | CROWDSTRIKE HLDGS INC | CL A | 22788C105 | 3,180,768 | 0.26 | 4168.0 | |
| - | DIMENSIONAL ETF TRUST | INTERNATNAL VAL | 25434V807 | 2,431,305 | 0.2 | 45008.0 | |
| WLTH | NEW | WEALTHFRONT CORP | COM | 947002101 | 2,312,099 | 0.19 | 258624.0 |
| AMZN | REDUCED | AMAZON COM INC | COM | 023135106 | 2,309,515 | 0.19 | 9690.0 |
| PINS | UNCHANGED | PINTEREST INC | CL A | 72352L106 | 2,099,488 | 0.17 | 99833.0 |
| AAPL | REDUCED | APPLE INC | COM | 037833100 | 1,964,754 | 0.16 | 6790.0 |
| - | BITWISE BITCOIN ETF TR | SHS BEN INT | 09174C104 | 1,608,994 | 0.13 | 50502.0 | |
| CART | REDUCED | MAPLEBEAR INC | COM | 565394103 | 1,508,118 | 0.12 | 31862.0 |
| - | SCHWAB STRATEGIC TR | US TIPS ETF | 808524870 | 1,484,000 | 0.12 | 56000.0 | |
| GOOGL | REDUCED | ALPHABET INC | CAP STK CL A | 02079K305 | 1,434,841 | 0.12 | 4015.0 |
| - | STATE STR SPDR S&P 500 ETF T | TR UNIT | 78462F103 | 1,403,928 | 0.11 | 1880.0 | |
| - | DIMENSIONAL ETF TRUST | US COR EQU 2 ETF | 25434V708 | 1,177,758 | 0.1 | 26550.0 | |
| - | ISHARES TR | RUSSELL 2000 ETF | 464287655 | 976,463 | 0.08 | 3250.0 | |
| - | VANGUARD INTL EQUITY INDEX F | FTSE EMR MKT ETF | 922042858 | 881,472 | 0.07 | 14768.0 | |
| GOOGL | REDUCED | ALPHABET INC | CAP STK CL C | 02079K107 | 860,712 | 0.07 | 2436.0 |
| - | BERKSHIRE HATHAWAY INC DEL | CL A | 084670108 | 748,850 | 0.06 | 1.0 | |
| IAUM | NEW | ISHARES GOLD TRUST MICRO | SHS REPSTG UN TR | 46436F103 | 683,251 | 0.06 | 17077.0 |
| NVDA | REDUCED | NVIDIA CORPORATION | COM | 67066G104 | 640,288 | 0.05 | 3200.0 |
| MSFT | REDUCED | MICROSOFT CORP | COM | 594918104 | 551,357 | 0.04 | 1486.0 |
| DASH | REDUCED | DOORDASH INC | CL A | 25809K105 | 494,540 | 0.04 | 2680.0 |
| IOT | REDUCED | SAMSARA INC | COM CL A | 8695379LF | 470,220 | 0.04 | 1567400.0 |
| WVE | UNCHANGED | WAVE LIFE SCIENCES LTD | SHS | Y95308105 | 450,966 | 0.04 | 77619.0 |
| RDDT | NEW | REDDIT INC | CL A | 75734B100 | 429,890 | 0.03 | 2471.0 |
| NFLX | REDUCED | NETFLIX INC. | COM | 64110L106 | 409,836 | 0.03 | 5740.0 |
| INTC | NEW | INTEL CORP | COM | 458140100 | 352,755 | 0.03 | 2600.0 |
| - | ISHARES TR | CALIF MUN BD ETF | 464288356 | 271,484 | 0.02 | 4710.0 | |
| ETHW | UNCHANGED | BITWISE ETHEREUM ETF | SHS | 091955104 | 250,382 | 0.02 | 22197.0 |
| COIN | ADDED | COINBASE GLOBAL INC | COM CL A | 8384629PJ | 175,934 | 0.01 | 145400.0 |
| IVVD | UNCHANGED | INVIVYD INC | COM | 00534A102 | 69,678 | 0.01 | 79869.0 |
| RCKT | UNCHANGED | ROCKET PHARMACEUTICALS INC | COM | 77313F106 | 38,766 | 0.0 | 11335.0 |
Quarterly portfolios
| Period | Filed | Value ($) | Positions | Vol % | Beta | Max DD % |
|---|---|---|---|---|---|---|
| 2026-06-30 | 2026-07-24 | 1,237,122,431 | 63 | 16.370175 | 0.443193 | 38.401966 |
| 2026-03-31 | 2026-05-12 | 1,204,450,969 | 152 | 19.899788 | 0.566477 | 45.811019 |
| 2025-12-31 | 2026-02-10 | 1,331,087,844 | 156 | 20.365676 | 0.550284 | 49.672903 |
| 2025-09-30 | 2025-11-05 | 1,307,012,299 | 144 | 26.448615 | 0.63217 | 61.307132 |
| 2025-03-31 | 2025-05-06 | 871,256,322 | 51 | 26.312647 | 0.594826 | 62.208358 |
| 2024-12-31 | 2025-02-06 | 896,756,440 | 51 | 31.126184 | 0.673846 | 68.808884 |
| 2024-09-30 | 2025-02-07 | 861,310,803 | 52 | 25.972919 | 0.590328 | 61.430875 |
| 2024-06-30 | 2025-02-12 | 1,099,852,907 | 46 | 32.319432 | 0.691189 | 70.513419 |