NVP Associates, LLC
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 14, 2025), NVP Associates, LLC reported 7 stock positions worth $184.2 million. Its top holding was Dave (DAVE) at 33.9% of the portfolio, followed by Omada Health (OMDA, 25.2%) and Talkspace (TALK, 14.8%). Compared with Q1 2025, it opened 1 new position and reduced 1. The biggest buy was a new position in Omada Health (OMDA) and the biggest sale Dave (DAVE, shares −60%).
- Most Recent 13F
- Q2 2026
- Location
- MENLO PARK, CA
- CIK
- 0001545692
- Portfolio Value
- $184.2M (Q2 2025)
- SEC Filing
- 0001415889-25-021886 ↗ filed Aug 14, 2025
Holdings Value
Holdings 7 stocks · $184.2M
| DAVE Dave Inc. | 33.91% | 232,675 | $62.5M | Reduce -60.1% |
| OMDA Omada Health Inc. | 25.15% | 2,531,000 | $46.3M | New |
| TALK Talkspace Inc. | 14.80% | 9,802,972 | $27.3M | No change |
| MBX MBX Biosciences Inc. | 13.24% | 2,136,335 | $24.4M | No change |
| ZBIO Zenas Biopharma Inc. | 9.67% | 1,838,482 | $17.8M | No change |
| GROV Grove Collaborative Holdings | 2.01% | 3,225,097 | $3.7M | No change |
| OPEN Opendoor Technologies Inc. | 1.21% | 4,189,562 | $2.2M | No change |
Portfolio Sells Q1 2025 → Q2 2025
| DAVE Dave Inc. | Reduce -60.1% | 33.91% | −9.02 |
Portfolio Buys Q1 2025 → Q2 2025
| OMDA Omada Health Inc. | New | 25.15% | +25.15 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 7 | $328.2M | MBX, AVLN, OMDA, ZBIO, SNOW |
| Q1 2026 | 5 | $176.2M | MBX, BLLN, ZBIO, OMDA, GROV |
| Q4 2025 | 6 | $255.2M | MBX, ZBIO, BLLN, OMDA, TALK |
| Q3 2025 | 5 | $166.1M | OMDA, ZBIO, MBX, TALK, GROV |
| Q2 2025 | 7 | $184.2M | DAVE, OMDA, TALK, MBX, ZBIO |
| Q1 2025 | 6 | $112.2M | DAVE, TALK, MBX, ZBIO, GROV |
| Q4 2024 | 7 | $186.9M | DAVE, TALK, MBX, UDMY, ZBIO |
| Q3 2024 | 8 | $176.1M | MBX, ZBIO, TALK, DAVE, UDMY |
| Q2 2024 | 6 | $91.3M | TALK, UDMY, DAVE, OPEN, GROV |
| Q1 2024 | 6 | $125.9M | TALK, UDMY, DAVE, OPEN, GROV |