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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 4 of 8  ·  152 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
61 C CITIGROUP INC Financial Services 5,351.0 $607K 0.05% $113.41 +10.5%
62 WVE WAVE LIFE SCIENCES LTD Healthcare 77,619.0 $563K 0.05% $7.25 -12.0%
63 WFC WELLS FARGO &CO Financial Services 6,747.0 $537K 0.04% -161.0 -2.3% $79.61 -2.6%
64 CVX CHEVRON CORPORATION Energy 2,575.0 $533K 0.04% $206.90 -11.8%
65 AMAT APPLIED MATLS INC Technology 1,512.0 $517K 0.04% -193.0 -11.3% $341.79 +31.1%
66 KO COCA COLA CO Consumer Defensive 6,787.0 $516K 0.04% $76.05 +7.3%
67 UNH UNITEDHEALTH GROUP INC Healthcare 1,879.0 $508K 0.04% $270.59 +41.9%
68 GILD GILEAD SCIENCES INC Healthcare 3,640.0 $507K 0.04% $139.37 -4.1%
69 KLAC KLA CORP Technology 344.0 $507K 0.04% -29.0 -7.8% $1472.41 +32.9%
70 COF CAPITAL ONE FINL CORP Financial Services 2,756.0 $503K 0.04% -75.0 -2.6% $182.43 +3.5%
71 HSBC HSBC HLDGS PLC Financial Services 6,052.0 $499K 0.04% -758.0 -11.1% $82.49 +14.8%
72 V VISA INC Financial Services 1,602.0 $484K 0.04% $302.24 +8.4%
73 PG PROCTER &GAMBLE CO Consumer Defensive 3,327.0 $481K 0.04% $144.44 +2.1%
74 WDC WESTERN DIGITAL CORP Technology 1,771.0 $479K 0.04% -240.0 -11.9% $270.49 +94.0%
75 ADI ANALOG DEVICES INC Technology 1,469.0 $467K 0.04% $318.14 +31.0%
76 PUT OKTA INC 235,800.0 $467K 0.04% NEW $1.98
77 PUT SAMSARA INC 1,321,200.0 $462K 0.04% NEW $0.35
78 DASH DOORDASH INC Communication Services 2,990.0 $449K 0.04% -11K -78.3% $150.15 +4.9%
79 ETN EATON CORP PLC Industrials 1,238.0 $443K 0.04% $357.67 +13.6%
80 MRK MERCK &CO INC Healthcare 3,612.0 $434K 0.04% $120.29 -0.0%
Page 4 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%