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Portfolio (Quarterly) Guide ↗

a16z Perennial Management, L.P.

· CIK 0002009275
13F Portfolio $1.2B AUM 152 positions Filed May 12, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 30 New 8 Added 37 Reduced 28 Exited
Page 2 of 8  ·  152 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
21 RBLX ROBLOX CORP Technology 113,394.0 $6.4M 0.53% $56.56 -19.3%
22 AMZN AMAZON COM INC Consumer Cyclical 24,069.0 $5.0M 0.42% $208.27 +30.5%
23 AFRM AFFIRM HLDGS INC Technology 103,220.0 $4.7M 0.39% $45.82 +53.7%
24 MSFT MICROSOFT CORP Technology 11,151.0 $4.1M 0.34% $370.17 +11.5%
25 GOOGL ALPHABET INC Communication Services 13,980.0 $4.0M 0.33% NEW $287.56 +35.2%
26 GOOG ALPHABET INC Communication Services 11,968.0 $3.4M 0.28% -15K -56.4% $286.86 +34.2%
27 GOVT ISHARES TR 108,847.0 $2.5M 0.21% NEW $22.91 -0.8%
28 OMDA OMADA HEALTH INC Healthcare 192,466.0 $2.4M 0.20% +35K +22.5% $12.29 +34.0%
29 CRWD CROWDSTRIKE HLDGS INC Technology 5,736.0 $2.2M 0.19% +189.0 +3.4% $390.41 +65.3%
30 BERKSHIRE HATHAWAY INC DEL 4,623.0 $2.2M 0.18% $479.20
31 BITB BITWISE BITCOIN ETF TR Financial Services 50,502.0 $1.9M 0.15% $36.81 +10.5%
32 PINS PINTEREST INC Communication Services 99,833.0 $1.8M 0.15% -149K -59.8% $18.34 +9.2%
33 DOCN DIGITALOCEAN HLDGS INC Technology 18,552.0 $1.6M 0.13% -123K -86.9% $85.78 +75.4%
34 CART MAPLEBEAR INC Consumer Cyclical 41,240.0 $1.5M 0.13% -6K -12.0% $37.46 +8.0%
35 TSLA TESLA INC Consumer Cyclical 3,928.0 $1.5M 0.12% -387.0 -9.0% $371.75 +18.5%
36 NFLX NETFLIX INC. Communication Services 14,560.0 $1.4M 0.12% -1K -8.0% $96.15 -9.2%
37 WMT WALMART INC Consumer Defensive 10,657.0 $1.3M 0.11% -645.0 -5.7% $124.28 -4.6%
38 PUT AIRBNB INC 249,000.0 $1.2M 0.10% NEW $4.85
39 PLTR PALANTIR TECHNOLOGIES INC Technology 7,954.0 $1.2M 0.10% -1K -13.1% $146.28 -9.4%
40 LLY ELI LILLY &CO Healthcare 1,238.0 $1.1M 0.10% -139.0 -10.1% $919.77 +17.7%
Page 2 of 8  ·  152 positions

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Financial Services 55.4%
Technology 31.1%
Communication Services 5.1%
Consumer Cyclical 5.0%
Healthcare 1.8%
Industrials 0.5%
Consumer Defensive 0.4%
Energy 0.4%
Utilities 0.2%
Real Estate 0.0%