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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 3 of 8  ·  152 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
41 JPM JPMORGAN CHASE &CO Financial Services 3,789.0 $1.1M 0.09% $294.16 +1.7%
42 GE GE AEROSPACE Industrials 3,918.0 $1.1M 0.09% -318.0 -7.5% $283.77 +11.8%
43 GS GOLDMAN SACHS GROUP INC Financial Services 1,273.0 $1.1M 0.09% -91.0 -6.7% $845.99 +17.8%
44 DFAC DIMENSIONAL ETF TRUST 26,550.0 $1.0M 0.09% $38.86 +13.1%
45 XOM EXXON MOBIL CORP Energy 6,074.0 $1.0M 0.09% $169.66 -11.7%
46 JNJ JOHNSON &JOHNSON Healthcare 3,519.0 $860K 0.07% $244.44 -5.4%
47 GEV GE VERNOVA INC Utilities 980.0 $855K 0.07% -166.0 -14.5% $872.90 +18.2%
48 MS MORGAN STANLEY Financial Services 5,130.0 $844K 0.07% $164.57 +22.5%
49 UI UBIQUITI INC Technology 1,058.0 $836K 0.07% $790.29 -22.8%
50 MU MICRON TECHNOLOGY INC Technology 2,458.0 $830K 0.07% -224.0 -8.3% $337.84 +174.8%
51 SPY STATE STR SPDR S&P 500 ETF T Financial Services 1,239.0 $806K 0.07% $650.34 +15.4%
52 IAUM ISHARES GOLD TR Financial Services 17,077.0 $797K 0.07% $46.70 -5.1%
53 AMD ADVANCED MICRO DEVICES INC Technology 3,730.0 $759K 0.06% +200.0 +5.7% $203.43 +143.6%
54 AON AON PLC Financial Services 2,310.0 $746K 0.06% $322.78 -1.3%
55 RTX RTX CORPORATION Industrials 3,418.0 $659K 0.06% $192.90 -8.5%
56 COST COSTCO WHOLESALE CORPORATION Consumer Defensive 653.0 $651K 0.05% $996.43 +0.7%
57 MAR MARRIOTT INTL INC NEW Consumer Cyclical 1,951.0 $638K 0.05% $327.07 +18.0%
58 ASML ASML HLDG NV Technology 478.0 $631K 0.05% $1320.83 +21.0%
59 ORCL ORACLE CORP Technology 4,239.0 $624K 0.05% -90.0 -2.1% $147.11 +29.8%
60 CAT CATERPILLAR INC Industrials 858.0 $608K 0.05% $708.46 +28.4%
Page 3 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%