In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 14, 2025), Metavasi Capital LP reported 29 stock positions worth $224.8 million . Its top holding was AppLovin Class A (APP) at 11.4% of the portfolio, followed by Blend Labs Class A (BLND, 7.9% ) and Coupang (CPNG, 6.7% ). Compared with Q1 2025, it opened 12 new positions, sold out of 5, added to 6 and reduced 9. The biggest buy was a new position in Twilio Class A (TWLO) and the biggest sale Compass Class A (COMP, shares −18% ).
Location LARCHMONT, NY
CIK 0001864835
Portfolio Value $224.8M (Q2 2025) Holdings 29 stocks · $224.8M Holdings quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock % Of Portfolio ▼ Shares Held Total Value Change vs Q1 2025 APP AppLovin Corp. Class A 73,195 $25.6M Add +31.4% BLND Blend Labs Inc. Class A 5,398,159 $17.8M Reduce -2.8% CPNG Coupang Inc. 503,912 $15.1M Reduce -5.6% DAVE Dave Inc. 54,717 $14.7M Reduce -49.3% COMP Compass Inc. Class A 1,956,004 $12.3M Reduce -17.6% CVNA Carvana Co. 32,492 $10.9M Reduce -43.3% HOOD Robinhood Markets Inc. Class A 106,789 $10.0M Add +42.4% HIMS Hims & Hers Health Inc. 186,409 $9.3M Reduce -3.9% TWLO Twilio Inc. Class A 70,000 $8.7M New SN Sharkninja Inc. 83,734 $8.3M Add +70.9% PINS Pinterest Inc. Class A 230,000 $8.2M New GLD SPDR Gold Shares 26,000 $7.9M Add +4.0% U Unity Software Inc. 324,395 $7.9M New NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD 474,475 $6.5M Reduce -51.3% NVDA Nvidia Corp. 40,000 $6.3M New UPST Upstart Holdings Inc. 95,000 $6.1M New ROKU Roku Inc. 62,000 $5.4M Reduce -16.2% MNDY Monday.com Ltd. 16,481 $5.2M Add +13.9% EVLV Evolv Technologies Holdings 781,048 $4.9M New BTC Grayscale Bitcoin Mini ETF 101,756 $4.9M New PLNT Planet Fitness Inc. Class A 42,470 $4.6M No change DUOL Duolingo 10,150 $4.2M Reduce -11.7% OPRA Opera Ltd.-ADR 208,235 $3.9M New TALK Talkspace Inc. 1,318,577 $3.7M Add +15.8% HUT Hut 8 Corp. 175,000 $3.3M New SEZL Sezzle Inc. 17,000 $3.0M New OUST Ouster Inc. 125,000 $3.0M New ZENVF Zenvia Inc. Class A 1,030,830 $1.5M No change XMTR Xometry Inc. Class A 43,597 $1.5M New
Options reported separately and not counted above: TLT calls ($18.7M), RKT calls ($1.4M).
Other holdings (1): bonds, preferreds, convertibles and warrants · $116K (not counted above) Security Class Shares / Principal Value Change TBLAW Taboola.com Ltd. -CW27 *W EXP 99/99/999 481,774 $116K No change
Total filed on the 13F, all lines: $225.0M.
Portfolio Sells Q1 2025 → Q2 2025 Portfolio Sells quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q1 2025 % Of Portfolio Change To Portfolio ▲ COMP Compass Inc. Class A Reduce -17.6% 5.46% −7.70 BLND Blend Labs Inc. Class A Reduce -2.8% 7.92% −3.90 NU Nu Holdings Ltd./Cayman Isl-A Reduce -51.3% 2.90% −3.45 RDDT Reddit Inc. Class A Sold out 0.00% −3.33 NBIS Nebius Group NV Sold out 0.00% −2.90 CVNA Carvana Co. Reduce -43.3% 4.87% −2.74 BABA Alibaba Group Holding-SP ADR Sold out 0.00% −2.69 NTES Netease Inc.-ADR Sold out 0.00% −2.62 ROKU Roku Inc. Reduce -16.2% 2.42% −0.89 CPNG Coupang Inc. Reduce -5.6% 6.71% −0.72 CORZ Core Scientific Inc. Sold out 0.00% −0.57 DUOL Duolingo Reduce -11.7% 1.85% −0.42 HIMS Hims & Hers Health Inc. Reduce -3.9% 4.13% +0.49 DAVE Dave Inc. Reduce -49.3% 6.53% +0.86
Portfolio Buys Q1 2025 → Q2 2025 Portfolio Buys quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q1 2025 % Of Portfolio Change To Portfolio ▼ TWLO Twilio Inc. Class A New 3.87% +3.87 PINS Pinterest Inc. Class A New 3.67% +3.67 U Unity Software Inc. New 3.49% +3.49 NVDA Nvidia Corp. New 2.81% +2.81 UPST Upstart Holdings Inc. New 2.73% +2.73 HOOD Robinhood Markets Inc. Class A Add +42.4% 4.45% +2.46 EVLV Evolv Technologies Holdings New 2.17% +2.17 BTC Grayscale Bitcoin Mini ETF New 2.16% +2.16 APP AppLovin Corp. Class A Add +31.4% 11.40% +2.02 OPRA Opera Ltd.-ADR New 1.75% +1.75 HUT Hut 8 Corp. New 1.45% +1.45 SEZL Sezzle Inc. New 1.36% +1.36 OUST Ouster Inc. New 1.35% +1.35 SN Sharkninja Inc. Add +70.9% 3.69% +1.09 XMTR Xometry Inc. Class A New 0.66% +0.66 MNDY Monday.com Ltd. Add +13.9% 2.31% +0.07 TALK Talkspace Inc. Add +15.8% 1.63% −0.22 GLD SPDR Gold Shares Add +4.0% 3.52% −1.05
Options Activity Q1 2025 → Q2 2025 Security Type Change vs Q1 2025 Underlying Shares Value ▼ TLT iShares 20+ Year Treasury BD call New 211,500 $18.7M RKT Rocket Cos Inc. Class A call New 97,000 $1.4M
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 22 $257.2M APP, DAVE, HOOD, HIMS, TTMI Q1 2026 19 $168.0M APP, DAVE, DASH, TTMI, SPHR Q4 2025 25 $227.0M SPHR, BLND, APP, DAVE, COMP Q3 2025 28 $281.7M APP, BLND, CPNG, DAVE, HOOD Q2 2025 29 $224.8M APP, BLND, CPNG, DAVE, COMP Q1 2025 22 $157.4M COMP, BLND, APP, CVNA, CPNG Q4 2024 29 $188.9M BLND, APP, CVNA, PAYO, GOOG Q3 2024 26 $190.5M APP, BLND, PAYO, CVNA, AMZN Q2 2024 29 $181.3M APP, BLND, HIMS, PAYO, CPNG Q1 2024 25 $161.1M CART, BLND, APP, META, WIX