Long Walk Management LP
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 14, 2025), Long Walk Management LP reported 9 stock positions worth $395.1 million. Its top holding was Coupang (CPNG) at 19.1% of the portfolio, followed by Sea Ltd.-ADR (SE, 17.5%) and DoorDash Class A (DASH, 16.5%). Compared with Q1 2025, it opened 2 new positions, sold out of 4, added to 4 and reduced 3. The biggest buy was a new position in Ubiquiti (UI) and the biggest sale an exit from Reddit Class A (RDDT).
- Most Recent 13F
- Q2 2026
- Location
- GREENWICH, CT
- CIK
- 0001869470
- Portfolio Value
- $395.1M (Q2 2025)
- SEC Filing
- 0001869470-25-000006 ↗ filed Aug 14, 2025
Holdings Value
Holdings 9 stocks · $395.1M
| CPNG Coupang Inc. | 19.12% | 2,521,625 | $75.5M | Add +4.3% |
| SE Sea Ltd.-ADR | 17.47% | 431,500 | $69.0M | Add +9.5% |
| DASH DoorDash Inc. Class A | 16.52% | 264,750 | $65.3M | Add +56.7% |
| APPF Appfolio Inc. Class A | 16.11% | 276,325 | $63.6M | Add +78.5% |
| UI Ubiquiti Inc. | 7.21% | 69,185 | $28.5M | New |
| NBIS Nebius Group NV | 7.00% | 500,000 | $27.7M | New |
| NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD | 6.46% | 1,860,000 | $25.5M | Reduce -17.3% |
| SPOT Spotify Technology SA | 6.06% | 31,225 | $24.0M | Reduce -33.2% |
| NET Cloudflare Inc. Class A | 4.05% | 81,765 | $16.0M | Reduce -40.7% |
Portfolio Sells Q1 2025 → Q2 2025
| RDDT Reddit Inc. Class A | Sold out | 0.00% | −9.26 |
| GOOGL Alphabet Inc. Class A | Sold out | 0.00% | −8.82 |
| SHOP Shopify Inc. Class A | Sold out | 0.00% | −3.19 |
| DUOL Duolingo | Sold out | 0.00% | −3.04 |
| SPOT Spotify Technology SA | Reduce -33.2% | 6.06% | −2.27 |
| NU Nu Holdings Ltd./Cayman Isl-A | Reduce -17.3% | 6.46% | −1.01 |
| NET Cloudflare Inc. Class A | Reduce -40.7% | 4.05% | −0.98 |
Portfolio Buys Q1 2025 → Q2 2025
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 14 | $440.8M | TSM, GOOGL, APPF, DASH, CPNG |
| Q1 2026 | 11 | $343.5M | DASH, NU, CPNG, GOOGL, UI |
| Q4 2025 | 10 | $449.5M | APPF, DASH, NU, UI, CPNG |
| Q3 2025 | 9 | $494.8M | CPNG, APPF, DASH, UI, NU |
| Q2 2025 | 9 | $395.1M | CPNG, SE, DASH, APPF, UI |
| Q1 2025 | 11 | $308.7M | CPNG, SE, APPF, DASH, RDDT |
| Q4 2024 | 11 | $279.3M | NET, SPOT, SE, CPNG, RDDT |
| Q3 2024 | 10 | $241.7M | RDDT, SPOT, NET, SE, CPNG |
| Q2 2024 | 9 | $211.8M | RDDT, NET, SHOP, SPOT, PCOR |
| Q1 2024 | 10 | $200.5M | APPF, SHOP, PCOR, SE, FND |