a16z Perennial Management, L.P.
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed July 24, 2026), a16z Perennial Management, L.P. reported 61 stock positions worth $1.2 billion. Its top holding was Coinbase Global Class A (COIN) at 17.4% of the portfolio, followed by Nu Holdings Ltd./Cayman Isl-A (NU, 15.6%) and Samsara Class A (IOT, 14.0%). Compared with Q1 2026, it opened 19 new positions, sold out of 100, added to 11 and reduced 21. The biggest buy was Vanguard S&P 500 ETF (VOO, shares +113%) and the biggest sale an exit from Bondbloxx BBG 6 MTH US Treas (XHLF).
- Most Recent 13F
- Q2 2026
- Location
- MENLO PARK, CA
- CIK
- 0002009275
- Portfolio Value
- $1.2B (Q2 2026)
- SEC Filing
- 0002009275-26-000003 ↗ filed Jul 24, 2026
Holdings Value
Holdings 61 stocks · $1.2B
| COIN Coinbase Global Inc. Class A | 17.43% | 1,473,831 | $215.5M | Add +0.2% |
| NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD | 15.61% | 14,444,100 | $193.0M | Add +4.2% |
| IOT Samsara Inc. Class A | 14.02% | 5,344,484 | $173.3M | Reduce -10.8% |
| VOO Vanguard S&P 500 ETF | 8.15% | 147,401 | $100.8M | Add +113.0% |
| AGG iShares Core U.S. Aggregate | 4.93% | 615,315 | $61.0M | Add +91.5% |
| AVGO Broadcom Inc. | 4.15% | 135,798 | $51.3M | Reduce -5.4% |
| VEA Vanguard Ftse Developed ETF | 3.84% | 667,483 | $47.5M | Add +77.0% |
| HOOD Robinhood Markets Inc. Class A | 3.81% | 469,215 | $47.1M | Reduce -5.1% |
| ABNB Airbnb Inc. Class A | 3.41% | 294,893 | $42.2M | Reduce -1.5% |
| IVV iShares Core S&P 500 ETF | 3.14% | 51,895 | $38.9M | Add +14.7% |
| META Meta Platforms Inc. Class A | 2.33% | 51,051 | $28.8M | Reduce -7.4% |
| AXP American Express Co. | 1.64% | 59,779 | $20.2M | Reduce -48.8% |
| VTI VG Morningstar TS MKT ETF-US | 1.34% | 44,683 | $16.5M | Reduce -0.6% |
| RPAR Rpar Risk Parity ETF | 1.31% | 726,729 | $16.2M | New |
| GLDM SPDR Gold Minishares Trust | 1.27% | 198,110 | $15.7M | New |
| OKTA Okta Inc. | 1.14% | 103,080 | $14.1M | Reduce -69.3% |
| JAAA Janus Henderson Aaa Clo ETF | 0.89% | 217,155 | $11.0M | Reduce -8.4% |
| GOVT iShares US Treasury Bond ETF | 0.85% | 459,986 | $10.5M | Add +322.6% |
| IEMG iShares Core MSCI Emerging | 0.80% | 118,984 | $9.9M | New |
| RVMD Revolution Medicines Inc. | 0.78% | 51,490 | $9.6M | Reduce -50.6% |
| AFRM Affirm Holdings Inc. | 0.65% | 98,020 | $8.0M | Reduce -5.0% |
| TIP iShares Tips Bond ETF | 0.61% | 69,075 | $7.6M | New |
| FIG Figma Inc. Class A | 0.60% | 407,253 | $7.4M | New |
| OMDA Omada Health Inc. | 0.59% | 334,071 | $7.3M | Add +73.6% |
| GUNR NT Mstar GLBL NR ETF | 0.59% | 147,066 | $7.2M | New |
| BAR Graniteshares Gold Trust | 0.58% | 181,946 | $7.2M | New |
| MBB iShares MBS ETF | 0.53% | 69,775 | $6.6M | New |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.53% | 67,804 | $6.5M | No change |
| SHV iShares 0-1 Year Treasury Bo | 0.52% | 58,374 | $6.4M | New |
| RBLX Roblox Corp. Class A | 0.52% | 118,226 | $6.4M | Add +4.3% |
| IVE iShares S&P 500 Value ETF | 0.36% | 19,804 | $4.5M | New |
| EMXC iShares MSCI Emr MRK Ex Chna | 0.33% | 39,825 | $4.1M | New |
| DOCN Digitalocean Holdings Inc. | 0.27% | 20,952 | $3.3M | Add +12.9% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.26% | 4,168 | $3.2M | Reduce -27.3% |
| DFIV Dimensional International Va | 0.20% | 45,008 | $2.4M | New |
| WLTH Wealthfront Corp. | 0.19% | 258,624 | $2.3M | New |
| AMZN Amazon.com Inc. | 0.19% | 9,690 | $2.3M | Reduce -59.7% |
| PINS Pinterest Inc. Class A | 0.17% | 99,833 | $2.1M | No change |
| AAPL Apple Inc. | 0.16% | 6,790 | $2.0M | Reduce -73.7% |
| BITB Bitwise Bitcoin ETF | 0.13% | 50,502 | $1.6M | No change |
| CART Maplebear Inc. | 0.12% | 31,862 | $1.5M | Reduce -22.7% |
| SCHP Schwab U.S. Tips ETF | 0.12% | 56,000 | $1.5M | New |
| GOOGL Alphabet Inc. Class A | 0.12% | 4,015 | $1.4M | Reduce -71.3% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.11% | 1,880 | $1.4M | Add +51.7% |
| DFAC Dimensional US Core Equity 2 | 0.10% | 26,550 | $1.2M | No change |
| IWM iShares Russell 2000 ETF | 0.08% | 3,250 | $976K | New |
| VWO Vanguard Ftse Emerging Marke | 0.07% | 14,768 | $881K | New |
| GOOG Alphabet Inc. Class C | 0.07% | 2,436 | $861K | Reduce -79.7% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.06% | 1 | $749K | New |
| IAUM iShares Gold Trust Micro | 0.06% | 17,077 | $683K | No change |
| NVDA Nvidia Corp. | 0.05% | 3,200 | $640K | Reduce -91.4% |
| MSFT Microsoft Corp. | 0.04% | 1,486 | $551K | Reduce -86.7% |
| DASH DoorDash Inc. Class A | 0.04% | 2,680 | $495K | Reduce -10.4% |
| WVE Wave Life Sciences Ltd. | 0.04% | 77,619 | $451K | No change |
| RDDT Reddit Inc. Class A | 0.03% | 2,471 | $430K | New |
| NFLX Netflix Inc. | 0.03% | 5,740 | $410K | Reduce -60.6% |
| INTC Intel Corp. | 0.03% | 2,600 | $353K | New |
| CMF iShares California Muni Bond | 0.02% | 4,710 | $271K | No change |
| ETHW Bitwise Ethereum ETF | 0.02% | 22,197 | $250K | No change |
| IVVD Invivyd Inc. | 0.01% | 79,869 | $70K | No change |
| RCKT Rocket Pharmaceuticals Inc. | 0.00% | 11,335 | $39K | No change |
Options reported separately and not counted above: SAMSARA INC puts ($470K), COINBASE GLOBAL INC puts ($176K).
Portfolio Sells Q1 2026 → Q2 2026
| XHLF Bondbloxx BBG 6 MTH US Treas | Sold out | 0.00% | −5.83 |
| IOT Samsara Inc. Class A | Reduce -10.8% | 14.02% | −1.78 |
| AXP American Express Co. | Reduce -48.8% | 1.64% | −1.30 |
| OKTA Okta Inc. | Reduce -69.3% | 1.14% | −1.06 |
| NVDA Nvidia Corp. | Reduce -91.4% | 0.05% | −0.49 |
| AAPL Apple Inc. | Reduce -73.7% | 0.16% | −0.39 |
| META Meta Platforms Inc. Class A | Reduce -7.4% | 2.33% | −0.30 |
| MSFT Microsoft Corp. | Reduce -86.7% | 0.04% | −0.30 |
| AMZN Amazon.com Inc. | Reduce -59.7% | 0.19% | −0.23 |
| GOOGL Alphabet Inc. Class A | Reduce -71.3% | 0.12% | −0.22 |
| GOOG Alphabet Inc. Class C | Reduce -79.7% | 0.07% | −0.22 |
| BRK.B Berkshire Hathaway Inc. Class B | Sold out | 0.00% | −0.18 |
| TSLA Tesla Inc. | Sold out | 0.00% | −0.12 |
| WMT Walmart Inc. | Sold out | 0.00% | −0.11 |
| JAAA Janus Henderson Aaa Clo ETF | Reduce -8.4% | 0.89% | −0.11 |
| PLTR Palantir Technologies Inc. Class A | Sold out | 0.00% | −0.10 |
| LLY Eli Lilly & Co. | Sold out | 0.00% | −0.09 |
| JPM JPMorgan Chase & Co. | Sold out | 0.00% | −0.09 |
| GE General Electric | Sold out | 0.00% | −0.09 |
| GS Goldman Sachs Group Inc. | Sold out | 0.00% | −0.09 |
| XOM Exxon Mobil Corp. | Sold out | 0.00% | −0.09 |
| NFLX Netflix Inc. | Reduce -60.6% | 0.03% | −0.08 |
| JNJ Johnson & Johnson | Sold out | 0.00% | −0.07 |
| GEV GE Vernova Inc. | Sold out | 0.00% | −0.07 |
| MS Morgan Stanley | Sold out | 0.00% | −0.07 |
| UI Ubiquiti Inc. | Sold out | 0.00% | −0.07 |
| MU Micron Technology Inc. | Sold out | 0.00% | −0.07 |
| RVMD Revolution Medicines Inc. | Reduce -50.6% | 0.78% | −0.06 |
| AMD Advanced Micro Devices | Sold out | 0.00% | −0.06 |
| AON Aon PLC Class A | Sold out | 0.00% | −0.06 |
| RTX RTX Corp. | Sold out | 0.00% | −0.05 |
| COST Costco Wholesale Corp. | Sold out | 0.00% | −0.05 |
| MAR Marriott International Class A | Sold out | 0.00% | −0.05 |
| ASML ASML Holding NV-NY Reg SHS | Sold out | 0.00% | −0.05 |
| ORCL Oracle Corp. | Sold out | 0.00% | −0.05 |
| CAT Caterpillar Inc. | Sold out | 0.00% | −0.05 |
| C Citigroup Inc. | Sold out | 0.00% | −0.05 |
| WFC Wells Fargo & Co. | Sold out | 0.00% | −0.04 |
| CVX Chevron Corp. | Sold out | 0.00% | −0.04 |
| AMAT Applied Materials Inc. | Sold out | 0.00% | −0.04 |
| KO The Coca-Cola Co. | Sold out | 0.00% | −0.04 |
| UNH Unitedhealth Group Inc. | Sold out | 0.00% | −0.04 |
| GILD Gilead Sciences Inc. | Sold out | 0.00% | −0.04 |
| KLAC KLA Corp. | Sold out | 0.00% | −0.04 |
| COF Capital One Financial Corp. | Sold out | 0.00% | −0.04 |
| HSBC HSBC Holdings PLC-Spons ADR | Sold out | 0.00% | −0.04 |
| V Visa Inc. Class A | Sold out | 0.00% | −0.04 |
| PG The Procter & Gamble Co. | Sold out | 0.00% | −0.04 |
| WDC Western Digital Corp. | Sold out | 0.00% | −0.04 |
| ADI Analog Devices Inc. | Sold out | 0.00% | −0.04 |
Portfolio Buys Q1 2026 → Q2 2026
| VOO Vanguard S&P 500 ETF | Add +113.0% | 8.15% | +4.71 |
| AGG iShares Core U.S. Aggregate | Add +91.5% | 4.93% | +2.28 |
| VEA Vanguard Ftse Developed ETF | Add +77.0% | 3.84% | +1.83 |
| RPAR Rpar Risk Parity ETF | New | 1.31% | +1.31 |
| GLDM SPDR Gold Minishares Trust | New | 1.27% | +1.27 |
| IEMG iShares Core MSCI Emerging | New | 0.80% | +0.80 |
| IVV iShares Core S&P 500 ETF | Add +14.7% | 3.14% | +0.68 |
| GOVT iShares US Treasury Bond ETF | Add +322.6% | 0.85% | +0.64 |
| TIP iShares Tips Bond ETF | New | 0.61% | +0.61 |
| FIG Figma Inc. Class A | New | 0.60% | +0.60 |
| GUNR NT Mstar GLBL NR ETF | New | 0.59% | +0.59 |
| BAR Graniteshares Gold Trust | New | 0.58% | +0.58 |
| MBB iShares MBS ETF | New | 0.53% | +0.53 |
| SHV iShares 0-1 Year Treasury Bo | New | 0.52% | +0.52 |
| OMDA Omada Health Inc. | Add +73.6% | 0.59% | +0.40 |
| IVE iShares S&P 500 Value ETF | New | 0.36% | +0.36 |
| EMXC iShares MSCI Emr MRK Ex Chna | New | 0.33% | +0.33 |
| DFIV Dimensional International Va | New | 0.20% | +0.20 |
| WLTH Wealthfront Corp. | New | 0.19% | +0.19 |
| DOCN Digitalocean Holdings Inc. | Add +12.9% | 0.27% | +0.13 |
| SCHP Schwab U.S. Tips ETF | New | 0.12% | +0.12 |
| IWM iShares Russell 2000 ETF | New | 0.08% | +0.08 |
| VWO Vanguard Ftse Emerging Marke | New | 0.07% | +0.07 |
| BRK.A Berkshire Hathaway Inc. Class A | New | 0.06% | +0.06 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +51.7% | 0.11% | +0.05 |
| RDDT Reddit Inc. Class A | New | 0.03% | +0.03 |
| INTC Intel Corp. | New | 0.03% | +0.03 |
| RBLX Roblox Corp. Class A | Add +4.3% | 0.52% | −0.01 |
| NU Nu Holdings Ltd./Cayman Isl-A | Add +4.2% | 15.61% | −0.96 |
| COIN Coinbase Global Inc. Class A | Add +0.2% | 17.43% | −3.94 |
Options Activity Q1 2026 → Q2 2026
| AIRBNB INC | put | Sold out | 249,000 | $1.2Mbefore exit |
| SAMSARA INC | put | New | 1,567,400 | $470K |
| OKTA INC | put | Sold out | 235,800 | $467Kbefore exit |
| SAMSARA INC | put | Sold out | 1,321,200 | $462Kbefore exit |
| REVOLUTION MEDICINES INC | put | Sold out | 27,300 | $195Kbefore exit |
| COINBASE GLOBAL INC | put | New | 145,400 | $176K |
| MAPLEBEAR INC | put | Sold out | 32,000 | $70Kbefore exit |
| ROBINHOOD MKTS INC | put | Sold out | 14,500 | $51Kbefore exit |
| COINBASE GLOBAL INC | put | Sold out | 120,700 | $35Kbefore exit |
| NU HLDGS LTD | put | Sold out | 1,367,500 | $14Kbefore exit |
| DIGITALOCEAN HLDGS INC | put | Sold out | 15,400 | $4Kbefore exit |
| STATE STR SPDR S&P 500 ETF T | put | Sold out | 700 | $581before exit |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 61 | $1.2B | COIN, NU, IOT, VOO, AGG |
| Q1 2026 | 142 | $1.2B | COIN, NU, IOT, XHLF, AVGO |
| Q4 2025 | 143 | $1.3B | COIN, NU, XHLF, HOOD, IOT |
| Q3 2025 | 134 | $1.3B | COINBASE GLOBAL INC, NU, HOOD, XHLF, SAMSARA INC |
| Q2 2025 | 46 | $1.2B | COIN, NU, XHLF, ABNB, ROBINHOOD MKTS INC |
| Q1 2025 | 44 | $802.3M | COIN, NU, XHLF, ABNB, OKTA |
| Q4 2024Amended | 44 | $861.1M | COIN, NU, ABNB, OKTA, ROBINHOOD MKTS INC |
| Q3 2024Amended | 41 | $812.4M | COINBASE GLOBAL INC, NU, XHLF, ABNB, OKTA |
| Q2 2024Amended | 41 | $934.6M | COIN, NU, ABNB, XHLF, OKTA |
| Q1 2024 | 39 | $1.1B | COIN, NU HLDGS LTD, ABNB, XHLF, OKTA |