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Portfolio (Quarterly) Guide ↗

a16z Perennial Management, L.P.

· CIK 0002009275
13F Portfolio $1.3B AUM Filed Feb 10, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 150 New
Page 1 of 8  ·  150 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
1 COIN COINBASE GLOBAL INC Financial Services 1,461,157.0 $330.4M 24.82% NEW $226.14 -23.2%
2 NU NU HLDGS LTD Financial Services 13,748,400.0 $230.1M 17.29% NEW $16.74 -22.2%
3 XHLF BONDBLOXX ETF TRUST 1,392,000.0 $69.9M 5.25% NEW $50.25 +0.1%
4 HOOD ROBINHOOD MKTS INC Financial Services 594,422.0 $67.2M 5.05% NEW $113.10 -32.6%
5 IOT SAMSARA INC Technology 1,662,155.0 $58.9M 4.43% NEW $35.45 -16.9%
6 VTI VANGUARD INDEX FDS 105,141.0 $54.8M 4.12% NEW $520.93 -29.1%
7 AVGO BROADCOM INC Technology 144,449.0 $50.0M 3.76% NEW $346.10 +21.9%
8 IEUR ISHARES TR 853,180.0 $47.4M 3.56% NEW $55.58 +37.0%
9 ABNB AIRBNB INC Consumer Cyclical 319,868.0 $43.4M 3.26% NEW $135.72 -2.7%
10 META META PLATFORMS INC Communication Services 59,902.0 $39.5M 2.97% NEW $660.09 -3.8%
11 OKTA OKTA INC Technology 376,210.0 $32.5M 2.44% NEW $86.47 +3.5%
12 IVV ISHARES TR 45,250.0 $31.0M 2.33% NEW $684.94 +10.1%
13 COIN PUT COINBASE GLOBAL INC Financial Services 125,000.0 $28.3M 2.12% NEW $226.14 -23.2%
14 VEA VANGUARD TAX-MANAGED FDS 377,596.0 $23.6M 1.77% NEW $62.47 +14.3%
15 IOT PUT SAMSARA INC Technology 615,500.0 $21.8M 1.64% NEW $35.45 -16.9%
16 RVMD REVOLUTION MEDICINES INC Healthcare 182,918.0 $14.6M 1.09% NEW $79.65 +92.1%
17 JAAA JANUS DETROIT STR TR 237,049.0 $12.0M 0.90% NEW $50.58 +0.3%
18 RBLX ROBLOX CORP Technology 113,547.0 $9.2M 0.69% NEW $81.03 -43.7%
19 GOOG ALPHABET INC Communication Services 27,455.0 $8.6M 0.65% NEW $313.37 +22.8%
20 ABNB PUT AIRBNB INC Consumer Cyclical 60,100.0 $8.2M 0.61% NEW $135.72 -2.7%
Page 1 of 8  ·  150 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 64.6%
Technology 19.5%
Communication Services 6.7%
Consumer Cyclical 5.6%
Healthcare 2.4%
Consumer Defensive 0.4%
Industrials 0.4%
Energy 0.2%
Utilities 0.1%
Real Estate 0.0%