a16z Capital Management, L.L.C.
CIK
1540358
Location
MENLO PARK, CA
Portfolio Value
Micro
$5,505,952
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. | ||||
2 positions ·
$5,505,952 total
· Financial Services only
· as of Mar 31, 2026
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| BTGO |
Bitgo Holdings, Inc.
Financial Services
|
NEW | 666,356 | $5,484,109 | 99.60% | |
| IPST |
Ip Strategy Holdings, Inc.
Financial Services
|
NEW | 82,740 | $21,843 | 0.40% |