a16z Perennial Management, L.P. Q2 2025 Filing

Filed August 1, 2025

Portfolio Value

$1.3T

Holdings

46

Report Date

Q2 2025

Filing Type

13F-HR

All Holdings (46 positions)

#StockSharesValue% PortfolioType
1
COINCOINBASE GLOBAL INC
1,768,852$620.0B47.49%Put
2
NUNU HLDGS LTD
15,585,200$213.8B16.38%
3
ABNBAIRBNB INC
602,005$79.7B6.10%Put
4
XHLFBONDBLOXX ETF TRUST
1,392,000$70.1B5.37%
5
ROBINHOOD MKTS INC
710,707$61.0B4.67%Put
6
IOTSAMSARA INC
2,180,227$60.4B4.63%Put
7
OKTAOKTA INC
597,873$59.8B4.58%
8
USHYISHARES TR
226,366$23.4B1.79%
9
VTEBVANGUARD MUN BD FDS
435,683$21.4B1.64%
10
IVVISHARES TR
33,100$20.6B1.57%
11
DOCNDIGITALOCEAN HLDGS INC
1,022,652$17.8B1.36%Put
12
RBLXROBLOX CORP
153,155$16.1B1.23%Put
13
MSFTMICROSOFT CORP
17,712$8.8B0.67%
14
AFRMAFFIRM HLDGS INC
86,520$6.0B0.46%
15
VTIVANGUARD INDEX FDS
17,160$5.2B0.40%
16
METAMETA PLATFORMS INC
6,194$4.6B0.35%
17
PINSPINTEREST INC
98,473$3.5B0.27%
18
DASHDOORDASH INC
13,590$3.4B0.26%
19
CRWDCROWDSTRIKE HLDGS INC
4,438$2.3B0.17%
20
AMZNAMAZON COM INC
9,520$2.1B0.16%
21
BITBBITWISE BITCOIN ETF TR
15,961$935.2M0.07%
22
GOOGLALPHABET INC
4,920$869.5M0.07%
23
SPYSPDR S&P 500 ETF TR
1,239$765.5M0.06%
24
NFLXNETFLIX INC
562$752.6M0.06%
25
CARTMAPLEBEAR INC
12,351$558.8M0.04%
26
WVEWAVE LIFE SCIENCES LTD
77,619$504.5M0.04%
27
ETHWBITWISE ETHEREUM ETF
22,197$400.9M0.03%
28
TEAMATLASSIAN CORPORATION
1,117$226.9M0.02%
29
WDAYWORKDAY INC
896$215.0M0.02%
30
RDDTREDDIT INC
1,126$169.5M0.01%
31
RVMDREVOLUTION MEDICINES INC
1,823$67.1M0.01%
32
IVVDINVIVYD INC
79,869$57.1M0.00%
33
LYFTLYFT INC
2,244$35.4M0.00%
34
RCKTROCKET PHARMACEUTICALS INC
11,335$27.8M0.00%
35
OPENOPENDOOR TECHNOLOGIES INC
50,595$27.0M0.00%
36
WEAVWEAVE COMMUNICATIONS INC
3,221$26.8M0.00%
37
ADVADVANTAGE SOLUTIONS INC
18,867$24.9M0.00%
38
PGNYPROGYNY INC
908$20.0M0.00%
39
CRISCURIS INC
6,653$15.4M0.00%
40
RBRKRUBRIK INC.
171$15.3M0.00%
41
NETCLOUDFLARE INC
40$7.8M0.00%
42
SNOWSNOWFLAKE INC
28$6.3M0.00%
43
NOWSERVICENOW INC
6$6.2M0.00%
44
BRK/BBERKSHIRE HATHAWAY INC DEL
10$4.9M0.00%
45
DISDISNEY WALT CO
22$2.7M0.00%
46
ROOTROOT INC
10$1.3M0.00%