In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 14, 2025), Metavasi Capital LP reported 28 stock positions worth $281.7 million . Its top holding was AppLovin Class A (APP) at 14.9% of the portfolio, followed by Blend Labs Class A (BLND, 8.7% ) and Coupang (CPNG, 6.3% ). Compared with Q2 2025, it opened 9 new positions, sold out of 10, added to 9 and reduced 8. The biggest buy was a new position in Gitlab Class A (GTLB) and the biggest sale an exit from Pinterest Class A (PINS).
Location LARCHMONT, NY
CIK 0001864835
Portfolio Value $281.7M (Q3 2025) Holdings 28 stocks · $281.7M 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 Q2 2025 APP AppLovin Corp. Class A 58,411 $42.0M Reduce -20.2% BLND Blend Labs Inc. Class A 6,722,274 $24.5M Add +24.5% CPNG Coupang Inc. 553,912 $17.8M Add +9.9% DAVE Dave Inc. 84,019 $16.7M Add +53.5% HOOD Robinhood Markets Inc. Class A 106,789 $15.3M No change COMP Compass Inc. Class A 1,756,004 $14.1M Reduce -10.2% SN Sharkninja Inc. 123,234 $12.7M Add +47.2% CVNA Carvana Co. 32,510 $12.3M Add +0.1% GTLB Gitlab Inc. Class A 247,500 $11.2M New OPRA Opera Ltd.-ADR 534,843 $11.0M Add +156.8% GLXY Galaxy Digital Inc. Class A 279,749 $9.5M New HIMS Hims & Hers Health Inc. 166,409 $9.4M Reduce -10.7% SPHR Sphere Entertainment Co. 149,676 $9.3M New NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD 559,475 $9.0M Add +17.9% MNDY Monday.com Ltd. 46,000 $8.9M Add +179.1% RDDT Reddit Inc. Class A 29,173 $6.7M New WIX Wix.com Ltd. 37,000 $6.6M New TWLO Twilio Inc. Class A 59,000 $5.9M Reduce -15.7% ROKU Roku Inc. 53,000 $5.3M Reduce -14.5% WYFI Whitefiber Inc. 191,145 $5.2M New EVLV Evolv Technologies Holdings 631,048 $4.8M Reduce -19.2% PLNT Planet Fitness Inc. Class A 42,470 $4.4M No change TALK Talkspace Inc. 1,525,421 $4.2M Add +15.7% HOUS Anywhere Real Estate Inc. 350,000 $3.7M New PCOR Procore Technologies Inc. 50,520 $3.7M New XYZ Block Inc. 50,000 $3.6M New HUT Hut 8 Corp. 75,000 $2.6M Reduce -57.1% ZENVF Zenvia Inc. Class A 1,003,263 $1.3M Reduce -2.7%
Options reported separately and not counted above: WIX calls ($20.5M), TLT calls ($18.9M), OPRA calls ($3.9M), BLND calls ($2.2M), COMP calls ($2.0M), SPHR calls ($1.7M).
Other holdings (1): bonds, preferreds, convertibles and warrants · $41K (not counted above) Security Class Shares / Principal Value Change TBLAW Taboola.com Ltd. -CW27 *W EXP 99/99/999 481,774 $41K No change
Total filed on the 13F, all lines: $281.8M.
Portfolio Sells Q2 2025 → Q3 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 Q2 2025 % Of Portfolio Change To Portfolio ▲ PINS Pinterest Inc. Class A Sold out 0.00% −3.67 GLD SPDR Gold Shares Sold out 0.00% −3.52 U Unity Software Inc. Sold out 0.00% −3.49 NVDA Nvidia Corp. Sold out 0.00% −2.81 UPST Upstart Holdings Inc. Sold out 0.00% −2.73 BTC Grayscale Bitcoin Mini ETF Sold out 0.00% −2.16 DUOL Duolingo Sold out 0.00% −1.85 TWLO Twilio Inc. Class A Reduce -15.7% 2.10% −1.78 SEZL Sezzle Inc. Sold out 0.00% −1.36 OUST Ouster Inc. Sold out 0.00% −1.35 HIMS Hims & Hers Health Inc. Reduce -10.7% 3.35% −0.78 XMTR Xometry Inc. Class A Sold out 0.00% −0.66 ROKU Roku Inc. Reduce -14.5% 1.88% −0.54 HUT Hut 8 Corp. Reduce -57.1% 0.93% −0.52 EVLV Evolv Technologies Holdings Reduce -19.2% 1.69% −0.48 COMP Compass Inc. Class A Reduce -10.2% 5.00% −0.46 ZENVF Zenvia Inc. Class A Reduce -2.7% 0.48% −0.21 APP AppLovin Corp. Class A Reduce -20.2% 14.90% +3.50
Portfolio Buys Q2 2025 → Q3 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 Q2 2025 % Of Portfolio Change To Portfolio ▼ GTLB Gitlab Inc. Class A New 3.96% +3.96 GLXY Galaxy Digital Inc. Class A New 3.36% +3.36 SPHR Sphere Entertainment Co. New 3.30% +3.30 RDDT Reddit Inc. Class A New 2.38% +2.38 WIX Wix.com Ltd. New 2.33% +2.33 OPRA Opera Ltd.-ADR Add +156.8% 3.92% +2.17 WYFI Whitefiber Inc. New 1.84% +1.84 HOUS Anywhere Real Estate Inc. New 1.32% +1.32 PCOR Procore Technologies Inc. New 1.31% +1.31 XYZ Block Inc. New 1.28% +1.28 MNDY Monday.com Ltd. Add +179.1% 3.16% +0.86 SN Sharkninja Inc. Add +47.2% 4.51% +0.83 BLND Blend Labs Inc. Class A Add +24.5% 8.71% +0.79 NU Nu Holdings Ltd./Cayman Isl-A Add +17.9% 3.18% +0.28 TALK Talkspace Inc. Add +15.7% 1.49% −0.14 CPNG Coupang Inc. Add +9.9% 6.33% −0.38 CVNA Carvana Co. Add +0.1% 4.35% −0.52 DAVE Dave Inc. Add +53.5% 5.94% −0.59
Options Activity Q2 2025 → Q3 2025 Security Type Change vs Q2 2025 Underlying Shares Value ▼ WIX Wix.com Ltd. call New 115,500 $20.5M OPRA Opera Ltd.-ADR call New 190,000 $3.9M BLND Blend Labs Inc. Class A call New 600,000 $2.2M COMP Compass Inc. Class A call New 250,000 $2.0M SPHR Sphere Entertainment Co. call New 27,500 $1.7M RKT Rocket Cos Inc. Class A call Sold out 97,000 $1.4Mbefore 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 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