a16z Capital Management, L.L.C.
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 14, 2025), a16z Capital Management, L.L.C. reported 11 stock positions worth $1.4 billion. Its top holding was Figma Class A (FIG) at 60.4% of the portfolio, followed by Meta Platforms Class A (META, 11.2%) and Revolution Medicines (RVMD, 9.2%). Compared with Q2 2025, it opened 2 new positions and sold out of 1. The biggest buy was a new position in Figma Class A (FIG) and the biggest sale an exit from Opendoor Technologies (OPEN).
- Most Recent 13F
- Q2 2026
- Location
- MENLO PARK, CA
- CIK
- 0001540358
- Portfolio Value
- $1.4B (Q3 2025)
- SEC Filing
- 0001540358-25-000007 ↗ filed Nov 14, 2025
Holdings Value
Holdings 11 stocks · $1.4B
| FIG Figma Inc. Class A | 60.41% | 16,246,129 | $842.7M | New |
| META Meta Platforms Inc. Class A | 11.19% | 212,531 | $156.1M | New |
| RVMD Revolution Medicines Inc. | 9.20% | 2,748,523 | $128.4M | No change |
| OMDA Omada Health Inc. | 7.31% | 4,614,574 | $102.0M | No change |
| XYZ Block Inc. | 5.27% | 1,016,697 | $73.5M | No change |
| MAZE Maze Therapeutics Inc. | 3.16% | 1,702,225 | $44.1M | No change |
| BIOA Bioage Labs Inc. | 1.36% | 3,233,170 | $19.0M | No change |
| NAUT Nautilus Biotechnology Inc. | 1.07% | 17,653,917 | $14.9M | No change |
| CAMP CAMP4 Therapeutics Corp. | 0.46% | 2,125,339 | $6.4M | No change |
| ERAS Erasca Inc. | 0.45% | 2,862,500 | $6.2M | No change |
| DNA Ginkgo Bioworks Holdings Inc. | 0.11% | 108,568 | $1.6M | No change |
Portfolio Sells Q2 2025 → Q3 2025
| OPEN Opendoor Technologies Inc. | Sold out | 0.00% | −1.06 |
Portfolio Buys Q2 2025 → Q3 2025
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 19 | $14.2B | SPCX, NAVN, RVMD, META, FIG |
| Q1 2026 | 16 | $1.3B | NAVN, FIG, META, RVMD, NAUT |
| Q4 2025 | 13 | $1.6B | FIG, NAVN, META, RVMD, MAZE |
| Q3 2025 | 11 | $1.4B | FIG, META, RVMD, OMDA, XYZ |
| Q2 2025 | 10 | $312.9M | RVMD, OMDA, XYZ, MAZE, BIOA |
| Q1 2025 | 13 | $700.9M | DASH, IOT, RVMD, XYZ, ACCD |
| Q4 2024 | 12 | $745.3M | DASH, IOT, RVMD, XYZ, NAUT |
| Q3 2024 | 13 | $1.1B | HOOD, IOT, RVMD, CART, XYZ |
| Q2 2024 | 13 | $1.2B | HOOD, CART, DASH, IOT, RVMD |
| Q1 2024 | 13 | $1.4B | HOOD, CART, DASH, IOT, RVMD |