a16z Perennial Management, L.P.

CIK

2009275

Location

MENLO PARK, CA

Portfolio Value

Small $876,675,557

Diversification

Moderately concentrated

Filing Date

Global Rank

#2,047 / 8,517 ▼ 243

Top Industry

Financial Data & Stock Exchanges 25.4%

3Y Alpha vs SPY

+1.3%

Period ended 46 days ago

Filed Jul 24, 2026 · 22d

11 quarters · since Dec 2023

Clone Performance

Feb 2024–Aug 2026 · vs SPY

Hypothetical growth of buying every stock this filer reported holding, rebalancing on each filing and indexed to the same start. Option positions cannot be bought this way and are left out.

Cloned portfolio

+61.9%

SPY

+55.7%

Annualised alpha

+1.9%

Max drawdown

−39.6%

Estimate. 13F holdings are quarter-lagged, so the clone rebalances about 45 days after each period end — when the filing becomes public — and it excludes option and short positions. Returns use comparable raw closes and exclude dividends; a captured split can shorten the simulated window. It tracks 92% of reported value on average across 11 quarters. Past performance does not predict future results.

Portfolio Concentration

38 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026

Top Position

24.6%

−1.1 pts

Top 5

77.6%

+4.7 pts

Top 10

91.4%

+3.3 pts

HHI

1,593

Moderately concentrated+87

Portfolio Trend

11 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Financial Services	55.2%	$483,699,186	5
Technology	29.2%	$255,971,550	11
Consumer Cyclical	5.3%	$46,511,907	4
Communication Services	5.3%	$46,084,860	7
Unclassified	3.1%	$26,872,773	6
Healthcare	2.0%	$17,535,281	5

Last Quarter's Activity

Export CSV

Jun 30, 2026 vs Mar 31, 2026

Added To

Positions the filer increased

6 positions

Ticker	Company	Δ Shares	Shares	Value
NU	Nu Holdings Ltd.	+585,800	14,444,100	$192,973,176
OMDA	Omada Health, Inc.	+141,605	334,071	$7,332,858
RBLX	Roblox Corp	+4,832	118,226	$6,429,129
COIN	Coinbase Global, Inc.	+2,836	1,473,831	$215,459,353
DOCN	DigitalOcean Holdings, Inc.	+2,400	20,952	$3,290,092
SPY	Spdr S&P 500 ETF Trust	+641	1,880	$1,403,927
No positions match the current search.

Trimmed

Positions the filer reduced

18 positions

Ticker	Company	Δ Shares	Shares	Value
IOT	Samsara Inc.	−645,392	5,344,484	$173,321,616
OKTA	Okta, Inc.	−232,700	103,080	$14,065,266
AXP	American Express Co	−56,929	59,779	$20,220,246
RVMD	Revolution Medicines, Inc.	−52,724	51,490	$9,643,047
NVDA	Nvidia Corp	−34,015	3,200	$640,288
HOOD	Robinhood Markets, Inc.	−25,137	469,215	$47,052,880
GOOGL	Alphabet Inc.	−21,933	4,015	$1,434,840
AAPL	Apple Inc.	−19,030	6,790	$1,964,754
AMZN	Amazon Com Inc	−14,379	9,690	$2,309,514
MSFT	Microsoft Corp	−9,665	1,486	$554,307
CART	Maplebear Inc.	−9,378	31,862	$1,508,665
NFLX	Netflix Inc	−8,820	5,740	$409,836
AVGO	Broadcom Inc.	−7,733	135,798	$51,297,694
AFRM	Affirm Holdings, Inc.	−5,200	98,020	$7,993,531
ABNB	Airbnb, Inc.	−4,600	294,893	$42,199,188
META	Meta Platforms, Inc.	−4,085	51,051	$28,756,517
CRWD	CrowdStrike Holdings, Inc.	−1,568	4,168	$795,191
DASH	DoorDash, Inc.	−310	2,680	$494,540
No positions match the current search.

New Positions

Positions the filer opened this quarter

6 positions

Ticker	Company	Shares	Value
GLDM	World Gold Trust	198,110	$15,733,896
FIG	Figma, Inc.	407,253	$7,367,206
BAR	GraniteShares Gold Trust	181,946	$7,192,325
WLTH	Wealthfront Corp	258,624	$2,312,098
RDDT	Reddit, Inc.	2,471	$428,916
INTC	Intel Corp	2,600	$363,038
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
VEA	Vanguard FTSE Developed Markets ETF	377,003	$24,158,352
BRK-B	Berkshire Hathaway Inc	4,623	$2,215,341
TSLA	Tesla, Inc.	3,928	$1,460,234
WMT	Walmart Inc.	10,657	$1,324,451
PLTR	Palantir Technologies Inc.	7,954	$1,163,511
LLY	ELI LILLY & Co	1,238	$1,138,675
JPM	Jpmorgan Chase & Co	3,789	$1,114,572
GE	General Electric Co	3,918	$1,111,810
GS	Goldman Sachs Group Inc	1,273	$1,076,945
XOM	ExxonMobil Holdings Corp	6,074	$1,030,514
JNJ	Johnson & Johnson	3,519	$860,184
GEV	GE Vernova Inc.	980	$855,442
MS	Morgan Stanley	5,130	$844,244
UI	Ubiquiti Inc.	1,058	$836,126
MU	Micron Technology Inc	2,458	$830,410
AMD	Advanced Micro Devices Inc	3,730	$758,793
AON	Aon plc	2,310	$745,621
RTX	RTX Corp	3,418	$659,332
COST	Costco Wholesale Corp /New	653	$650,668
MAR	Marriott International Inc /Md/	1,951	$638,113
ASML	Asml Holding NV	478	$631,356
ORCL	Oracle Corp	4,239	$623,599
CAT	Caterpillar Inc	858	$607,858
C	Citigroup Inc	5,351	$606,856
WFC	Wells Fargo & Company/Mn	6,747	$537,128
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

38 tracked positions · $876,675,557 total · as of Jun 30, 2026

All sectors Communication Services Consumer Cyclical Financial Services Healthcare Technology

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
COIN	Coinbase Global, Inc. Financial Services	Added	1,473,831	+2,836	$215,459,353	−16.1%	24.58%
NU	Nu Holdings Ltd. Financial Services	Added	14,444,100	+585,800	$192,973,176	−3.1%	22.01%
IOT	Samsara Inc. Technology	Reduced	5,344,484	-645,392	$173,321,616	−8.7%	19.77%
AVGO	Broadcom Inc. Technology	Reduced	135,798	-7,733	$51,297,694	+15.5%	5.85%
HOOD	Robinhood Markets, Inc. Financial Services	Reduced	469,215	-25,137	$47,052,880	+37.3%	5.37%
ABNB	Airbnb, Inc. Consumer Cyclical	Reduced	294,893	-4,600	$42,199,188	+11.6%	4.81%
META	Meta Platforms, Inc. Communication Services	Reduced	51,051	-4,085	$28,756,517	−8.8%	3.28%
AXP	American Express Co Financial Services	Reduced	59,779	-56,929	$20,220,246	−42.7%	2.31%
GLDM	World Gold Trust	NEW	198,110	NEW	$15,733,896	NEW	1.79%
OKTA	Okta, Inc. Technology	Reduced	103,080	-232,700	$14,065,266	−46.8%	1.60%
RVMD	Revolution Medicines, Inc. Healthcare	Reduced	51,490	-52,724	$9,643,047	−4.9%	1.10%
AFRM	Affirm Holdings, Inc. Financial Services	Reduced	98,020	-5,200	$7,993,531	+69.0%	0.91%
FIG	Figma, Inc. Technology	NEW	407,253	NEW	$7,367,206	NEW	0.84%
OMDA	Omada Health, Inc. Healthcare	Added	334,071	+141,605	$7,332,858	+203.1%	0.84%
BAR	GraniteShares Gold Trust	NEW	181,946	NEW	$7,192,325	NEW	0.82%
DIS	Walt Disney Co Communication Services	Held	67,804	0	$6,526,135	−0.1%	0.74%
RBLX	Roblox Corp Communication Services	Added	118,226	+4,832	$6,429,129	+0.2%	0.73%
DOCN	DigitalOcean Holdings, Inc. Technology	Added	20,952	+2,400	$3,290,092	+106.7%	0.38%
WLTH	Wealthfront Corp Technology	NEW	258,624	NEW	$2,312,098	NEW	0.26%
AMZN	Amazon Com Inc Consumer Cyclical	Reduced	9,690	-14,379	$2,309,514	−53.9%	0.26%
PINS	Pinterest, Inc. Communication Services	Held	99,833	0	$2,099,487	+14.7%	0.24%
AAPL	Apple Inc. Technology	Reduced	6,790	-19,030	$1,964,754	−70.0%	0.22%
BITB	Bitwise Bitcoin ETF	Held	50,502	0	$1,608,993	−13.4%	0.18%
CART	Maplebear Inc. Consumer Cyclical	Reduced	31,862	-9,378	$1,508,665	−2.3%	0.17%
GOOGL	Alphabet Inc. Communication Services	Reduced	4,015	-21,933	$1,434,840	−80.7%	0.16%
SPY	Spdr S&P 500 ETF Trust	Added	1,880	+641	$1,403,927	+74.2%	0.16%
CRWD	CrowdStrike Holdings, Inc. Technology	Reduced	4,168	-1,568	$795,191	−64.5%	0.09%
IAUM	iShares Gold Trust Micro	Held	17,077	0	$683,250	−14.3%	0.08%
NVDA	Nvidia Corp Technology	Reduced	3,200	-34,015	$640,288	−90.1%	0.07%
MSFT	Microsoft Corp Technology	Reduced	1,486	-9,665	$554,307	−86.6%	0.06%
DASH	DoorDash, Inc. Consumer Cyclical	Reduced	2,680	-310	$494,540	+10.2%	0.06%
WVE	Wave Life Sciences Ltd. Healthcare	Held	77,619	0	$450,966	−19.9%	0.05%
RDDT	Reddit, Inc. Communication Services	NEW	2,471	NEW	$428,916	NEW	0.05%
NFLX	Netflix Inc Communication Services	Reduced	5,740	-8,820	$409,836	−70.7%	0.05%
INTC	Intel Corp Technology	NEW	2,600	NEW	$363,038	NEW	0.04%
ETHW	Bitwise Ethereum ETF	Held	22,197	0	$250,382	−24.8%	0.03%
IVVD	Invivyd, Inc. Healthcare	Held	79,869	0	$69,645	−32.9%	0.01%
RCKT	Rocket Pharmaceuticals, Inc. Healthcare	Held	11,335	0	$38,765	−4.5%	0.00%

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.