Paradigm Operations LP

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 14, 2025), Paradigm Operations LP reported 2 stock positions worth $1.9 billion. Its top holding was Coinbase Global Class A (COIN) at 74.7% of the portfolio, followed by Robinhood Markets Class A (HOOD, 25.3%). Its holdings were unchanged from Q2 2025.

Most Recent 13F
Q2 2026
Location
San Francisco, CA
CIK
0001911136
Portfolio Value
$1.9B (Q3 2025)
SEC Filing
0001104659-25-111829 ↗ filed Nov 14, 2025

Holdings Value

0$500.0M$1.0B$1.5B$2.0B Q1 2024: $1.2B Q1 2024 Q2 2024: $1.0B Q2 2024 Q3 2024: $804.5M Q3 2024 Q4 2024: $1.0B Q4 2024 Q1 2025: $711.0M Q1 2025 Q2 2025: $1.8B Q2 2025 Q3 2025: $1.9B $1.9B Q3 2025 Q4 2025: $1.4B Q4 2025 Q1 2026: $954.1M Q1 2026 Q2 2026: $1.0B Q2 2026

Holdings 2 stocks · $1.9B

COIN Coinbase Global Inc. Class A 74.67% 4,128,033 $1.4B No change
HOOD Robinhood Markets Inc. Class A 25.33% 3,300,000 $472.5M No change

Portfolio Sells Q2 2025 → Q3 2025

None this quarter.

Portfolio Buys Q2 2025 → Q3 2025

None this quarter.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 4$1.0BHOOD, COIN, AMBR, PURR
Q1 2026 3$954.1MCOIN, HOOD, PURR
Q4 2025 3$1.4BCOIN, HOOD, PURR
Q3 2025 2$1.9BCOIN, HOOD
Q2 2025 2$1.8BCOIN, HOOD
Q1 2025 1$711.0MCOIN
Q4 2024 1$1.0BCOIN
Q3 2024 1$804.5MCOIN
Q2 2024 1$1.0BCOIN
Q1 2024 1$1.2BCOIN