a16z Capital Management, L.L.C.
CIK
1540358
Location
MENLO PARK, CA
Portfolio Value
Mid
$1,290,612,461
Diversification
Moderately concentrated
Filing Date
Global Rank
#1,293
/ 8,232
▼ 68
Top Industry
Software - Application
55.2%
3Y Alpha vs SPY
+46.4%
Period ended 2 months ago
Filed May 15, 2026 · 29d
10 quarters · since Dec 2023
Clone Performance
Feb 2024–Jun 2026 · vs SPYHypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.
Cloned portfolio
+224.7%
SPY
+52.9%
Annualised alpha
+45.9%
Max drawdown
−32.7%
Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.
Portfolio Concentration
16 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025Top Position
28.9%
−9.5 pts
Top 5
76.8%
−9.0 pts
Top 10
96.0%
−3.2 pts
HHI
1,773
Moderately concentrated−733
Portfolio Trend
10 quarters · across all stocks
Sector Breakdown
As of Mar 31, 2026| Sector | % Portfolio | Value |
|---|---|---|
| Technology | 59.9% | $773,280,625 |
| Healthcare | 30.2% | $390,230,523 |
| Communication Services | 9.4% | $121,595,361 |
| Financial Services | 0.4% | $5,505,952 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increased
1 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| NAVN | Navan, Inc. | +1,023,312 | 28,218,676 | $373,615,270 | |
| No positions match the current search. | |||||
New Positions
Positions the filer opened this quarter
4 positions
Sold Out
Positions the filer fully exited
1 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| HTBK | HERITAGE COMMERCE CORP | 82,740 | $993,707 | |
| No positions match the current search. | ||||
16 positions ·
$1,290,612,461 total
· as of Mar 31, 2026
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| NAVN |
Navan, Inc.
Technology
|
Added | 28,218,676 | $373,615,270 | 28.95% | |
| FIG |
Figma, Inc.
Technology
|
Reduced | 16,011,378 | $338,480,530 | 26.23% | |
| META |
Meta Platforms, Inc.
Communication Services
|
Held | 212,531 | $121,595,361 | 9.42% | |
| RVMD |
Revolution Medicines, Inc.
Healthcare
|
Held | 921,099 | $89,576,877 | 6.94% | |
| NAUT |
Nautilus Biotechnology, Inc.
Healthcare
|
Held | 17,653,917 | $68,497,197 | 5.31% | |
| XYZ |
Block, Inc.
Technology
|
Held | 1,016,697 | $61,184,825 | 4.74% | |
| BIOA |
BioAge Labs, Inc.
Healthcare
|
Held | 3,233,170 | $56,548,143 | 4.38% | |
| MAZE |
Maze Therapeutics, Inc.
Healthcare
|
Held | 1,702,225 | $50,811,416 | 3.94% | |
| ERAS |
Erasca, Inc.
Healthcare
|
Held | 2,862,500 | $46,315,250 | 3.59% | |
| DMRA |
Damora Therapeutics, Inc.
Healthcare
|
NEW | 1,236,157 | $32,016,466 | 2.48% | |
| OMDA |
Omada Health, Inc.
Healthcare
|
Reduced | 2,307,284 | $29,002,559 | 2.25% | |
| CAMP |
Camp4 Therapeutics Corp
Healthcare
|
Held | 2,125,339 | $9,372,744 | 0.73% | |
| AKTS |
Aktis Oncology, Inc.
Healthcare
|
NEW | 415,000 | $7,424,350 | 0.58% | |
| BTGO |
Bitgo Holdings, Inc.
Financial Services
|
NEW | 666,356 | $5,484,109 | 0.42% | |
| DNA |
Ginkgo Bioworks Holdings, Inc.
Healthcare
|
Held | 108,568 | $665,521 | 0.05% | |
| IPST |
Ip Strategy Holdings, Inc.
Financial Services
|
NEW | 82,740 | $21,843 | 0.00% |