Q2 2025 · 13F-HR
a16z Perennial Management, L.P.holdings as filed
Filed 2025-08-01 · accession 0002009275-25-000007
$1.31B
Reported value
52
Positions
2025-06-30
Period end
The Brief · a16z Perennial Management, L.P. · Q2 2025
AI · grounded in 13F
a16z Perennial Management, L.P. established a new position in COIN valued at $619.96M. The fund also opened new stakes in NU for $213.83M and ABNB for $79.67M. Additional new positions include XHLF at $70.07M, ROBINHOOD MKTS INC at $60.99M, and SAMSARA INC at $60.39M.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 19260Q107 | COIN | COINBASE GLOBAL INC | $536.4M | 41.1% | 1,530,352 | Common | NONE |
| G6683N103 | NU | NU HLDGS LTD | $213.8M | 16.4% | 15,585,200 | Common | NONE |
| 19260Q107 | COIN | COINBASE GLOBAL INC | $83.6M | 6.40% | 238,500 | PUT | NONE |
| 09789C788 | XHLF | BONDBLOXX ETF TRUST | $70.1M | 5.37% | 1,392,000 | Common | NONE |
| 009066101 | ABNB | AIRBNB INC | $68.4M | 5.24% | 517,105 | Common | NONE |
| 7717569RP | — | ROBINHOOD MKTS INC | $60.5M | 4.63% | 645,907 | Common | NONE |
| 7537939UU | — | SAMSARA INC | $60.3M | 4.62% | 1,516,827 | Common | NONE |
| 679295105 | OKTA | OKTA INC | $59.8M | 4.58% | 597,873 | Common | NONE |
| 46435U853 | USHY | ISHARES TR | $23.4M | 1.79% | 226,366 | Common | NONE |
| 922907746 | VTEB | VANGUARD MUN BD FDS | $21.4M | 1.64% | 435,683 | Common | NONE |
| 464287200 | IVV | ISHARES TR | $20.6M | 1.57% | 33,100 | Common | NONE |
| 6962099WQ | — | DIGITALOCEAN HLDGS INC | $17.7M | 1.36% | 621,152 | Common | NONE |
| 771049103 | RBLX | ROBLOX CORP | $15.4M | 1.18% | 146,155 | Common | NONE |
| 009066101 | ABNB | AIRBNB INC | $11.2M | 0.86% | 84,900 | PUT | NONE |
| 594918104 | MSFT | MICROSOFT CORP | $8.8M | 0.67% | 17,712 | Common | NONE |
| 00827B106 | AFRM | AFFIRM HLDGS INC | $6.0M | 0.46% | 86,520 | Common | NONE |
| 922908769 | VTI | VANGUARD INDEX FDS | $5.2M | 0.40% | 17,160 | Common | NONE |
| 30303M102 | META | META PLATFORMS INC | $4.6M | 0.35% | 6,194 | Common | NONE |
| 72352L106 | PINS | PINTEREST INC | $3.5M | 0.27% | 98,473 | Common | NONE |
| 25809K105 | DASH | DOORDASH INC | $3.4M | 0.26% | 13,590 | Common | NONE |
| 22788C105 | CRWD | CROWDSTRIKE HLDGS INC | $2.3M | 0.17% | 4,438 | Common | NONE |
| 023135106 | AMZN | AMAZON COM INC | $2.1M | 0.16% | 9,520 | Common | NONE |
| 09174C104 | BITB | BITWISE BITCOIN ETF TR | $935,155 | 0.07% | 15,961 | Common | NONE |
| 02079K305 | GOOGL | ALPHABET INC | $869,488 | 0.07% | 4,920 | Common | NONE |
| 7937009XZ | — | SPDR S&P 500 ETF TR | $765,516 | 0.06% | 1,239 | Common | NONE |
| 64110L106 | NFLX | NETFLIX INC | $752,591 | 0.06% | 562 | Common | NONE |
| 771049103 | RBLX | ROBLOX CORP | $736,400 | 0.06% | 7,000 | PUT | NONE |
| 565394103 | CART | MAPLEBEAR INC | $558,759 | 0.04% | 12,351 | Common | NONE |
| 7717569RP | — | ROBINHOOD MKTS INC | $518,400 | 0.04% | 64,800 | PUT | NONE |
| Y95308105 | WVE | WAVE LIFE SCIENCES LTD | $504,524 | 0.04% | 77,619 | Common | NONE |
| 091955104 | ETHW | BITWISE ETHEREUM ETF | $400,878 | 0.03% | 22,197 | Common | NONE |
| 049468101 | TEAM | ATLASSIAN CORPORATION | $226,852 | 0.02% | 1,117 | Common | NONE |
| 98138H101 | WDAY | WORKDAY INC | $215,040 | 0.02% | 896 | Common | NONE |
| 75734B100 | RDDT | REDDIT INC | $169,542 | 0.01% | 1,126 | Common | NONE |
| 76155X100 | RVMD | REVOLUTION MEDICINES INC | $67,068 | 0.01% | 1,823 | Common | NONE |
| 00534A102 | IVVD | INVIVYD INC | $57,106 | 0.00% | 79,869 | Common | NONE |
| 6962099WQ | — | DIGITALOCEAN HLDGS INC | $56,210 | 0.00% | 401,500 | PUT | NONE |
| 7537939UU | — | SAMSARA INC | $46,438 | 0.00% | 663,400 | PUT | NONE |
| 55087P104 | LYFT | LYFT INC | $35,365 | 0.00% | 2,244 | Common | NONE |
| 77313F106 | RCKT | ROCKET PHARMACEUTICALS INC | $27,771 | 0.00% | 11,335 | Common | NONE |
| 683712103 | OPEN | OPENDOOR TECHNOLOGIES INC | $26,967 | 0.00% | 50,595 | Common | NONE |
| 94724R108 | WEAV | WEAVE COMMUNICATIONS INC | $26,799 | 0.00% | 3,221 | Common | NONE |
| 00791N102 | — | ADVANTAGE SOLUTIONS INC | $24,904 | 0.00% | 18,867 | Common | NONE |
| 74340E103 | PGNY | PROGYNY INC | $19,976 | 0.00% | 908 | Common | NONE |
| 231269309 | CRIS | CURIS INC | $15,435 | 0.00% | 6,653 | Common | NONE |
| 781154109 | RBRK | RUBRIK INC. | $15,320 | 0.00% | 171 | Common | NONE |
| 18915M107 | NET | CLOUDFLARE INC | $7,833 | 0.00% | 40 | Common | NONE |
| 833445109 | SNOW | SNOWFLAKE INC | $6,266 | 0.00% | 28 | Common | NONE |
| 81762P102 | NOW | SERVICENOW INC | $6,168 | 0.00% | 6 | Common | NONE |
| 084670702 | BRK/B | BERKSHIRE HATHAWAY INC DEL | $4,858 | 0.00% | 10 | Common | NONE |
| 254687106 | DIS | DISNEY WALT CO | $2,728 | 0.00% | 22 | Common | NONE |
| 77664L207 | ROOT | ROOT INC | $1,280 | 0.00% | 10 | Common | NONE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.