Q3 2025 · 13F-HR
a16z Perennial Management, L.P.holdings as filed
Filed 2025-11-05 · accession 0002009275-25-000011
$1.31B
Reported value
141
Positions
2025-09-30
Period end
The Brief · a16z Perennial Management, L.P. · Q3 2025
AI · grounded in 13F
a16z Perennial Management, L.P. established a new position in COINBASE GLOBAL INC valued at $500.1M. The fund also initiated new stakes in NU for $253.5M and HOOD for $94.7M. Other new additions include BONDBLOXX ETF TRUST XHLF at $70.2M and SAMSARA INC at $70.1M.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 6918009DZ | — | COINBASE GLOBAL INC | $493.4M | 37.7% | 1,461,839 | Common | NONE |
| G6683N103 | NU | NU HLDGS LTD | $226.3M | 17.3% | 14,135,100 | Common | NONE |
| 770700102 | HOOD | ROBINHOOD MKTS INC | $88.6M | 6.78% | 618,867 | Common | NONE |
| 09789C788 | XHLF | BONDBLOXX ETF TRUST | $70.2M | 5.37% | 1,392,000 | Common | NONE |
| 7762249RN | — | SAMSARA INC | $68.5M | 5.24% | 1,838,292 | Common | NONE |
| 679295105 | OKTA | OKTA INC | $54.8M | 4.20% | 598,107 | Common | NONE |
| 7723429EY | — | AIRBNB INC | $42.2M | 3.23% | 347,635 | Common | NONE |
| G6683N103 | NU | NU HLDGS LTD | $27.2M | 2.08% | 1,696,500 | PUT | NONE |
| 30303M102 | META | META PLATFORMS INC | $25.2M | 1.93% | 34,280 | Common | NONE |
| 11135F101 | AVGO | BROADCOM INC | $21.1M | 1.62% | 64,048 | Common | NONE |
| 6907709SM | — | DIGITALOCEAN HLDGS INC | $18.0M | 1.38% | 528,352 | Common | NONE |
| 771049103 | RBLX | ROBLOX CORP | $15.7M | 1.20% | 113,532 | Common | NONE |
| 464287200 | IVV | ISHARES TR | $14.8M | 1.14% | 414,212 | Common | NONE |
| 7942749FZ | — | PINTEREST INC | $8.0M | 0.61% | 248,099 | Common | NONE |
| 46434G822 | EWJ | ISHARES INC | $7.8M | 0.60% | 118,984 | Common | NONE |
| 67066G104 | NVDA | NVIDIA CORPORATION | $7.7M | 0.59% | 41,235 | Common | NONE |
| 922908363 | VOO | VANGUARD INDEX FDS | $7.1M | 0.54% | 21,672 | Common | NONE |
| 38748G101 | BAR | GRANITESHARES GOLD TR | $6.9M | 0.53% | 181,946 | Common | NONE |
| 02079K107 | GOOG | ALPHABET INC | $6.8M | 0.52% | 27,858 | Common | NONE |
| 6918009DZ | — | COINBASE GLOBAL INC | $6.7M | 0.51% | 134,800 | PUT | NONE |
| 023135106 | AMZN | AMAZON COM INC | $6.2M | 0.48% | 28,324 | Common | NONE |
| 594918104 | MSFT | MICROSOFT CORP | $6.2M | 0.47% | 11,978 | Common | NONE |
| 770700102 | HOOD | ROBINHOOD MKTS INC | $6.1M | 0.47% | 42,500 | PUT | NONE |
| 037833100 | AAPL | APPLE INC | $4.9M | 0.37% | 19,086 | Common | NONE |
| 25809K105 | DASH | DOORDASH INC | $4.1M | 0.31% | 15,049 | Common | NONE |
| 78462F103 | SPY | SPDR S&P 500 ETF TR | $3.3M | 0.25% | 5,000 | PUT | NONE |
| 921943858 | VEA | VANGUARD TAX-MANAGED FDS | $2.9M | 0.22% | 48,840 | Common | NONE |
| 22788C105 | CRWD | CROWDSTRIKE HLDGS INC | $2.7M | 0.20% | 5,457 | Common | NONE |
| 084670702 | BRK/B | BERKSHIRE HATHAWAY INC DEL | $2.3M | 0.18% | 4,595 | Common | NONE |
| 64110L106 | NFLX | NETFLIX INC | $1.8M | 0.13% | 1,464 | Common | NONE |
| 88160R101 | TSLA | TESLA INC | $1.7M | 0.13% | 3,878 | Common | NONE |
| 7762249RN | — | SAMSARA INC | $1.6M | 0.12% | 703,900 | PUT | NONE |
| 69608A108 | PLTR | PALANTIR TECHNOLOGIES INC | $1.4M | 0.11% | 7,921 | Common | NONE |
| 369604301 | GE | GE AEROSPACE | $1.2M | 0.09% | 3,933 | Common | NONE |
| 46625H100 | JPM | JPMORGAN CHASE &CO. | $1.2M | 0.09% | 3,704 | Common | NONE |
| 68389X105 | ORCL | ORACLE CORP | $1.1M | 0.09% | 4,066 | Common | NONE |
| 931142103 | WMT | WALMART INC | $1.1M | 0.09% | 10,830 | Common | NONE |
| 25434V708 | DFAC | DIMENSIONAL ETF TRUST | $1.0M | 0.08% | 26,550 | Common | NONE |
| 38141G104 | GS | GOLDMAN SACHS GROUP INC | $1.0M | 0.08% | 1,276 | Common | NONE |
| 09174C104 | BITB | BITWISE BITCOIN ETF TR | $993,093 | 0.08% | 15,961 | Common | NONE |
| 00827B106 | AFRM | AFFIRM HLDGS INC | $969,041 | 0.07% | 13,260 | Common | NONE |
| 532457108 | LLY | ELI LILLY &CO | $916,363 | 0.07% | 1,201 | Common | NONE |
| 78462F103 | SPY | SPDR S&P 500 ETF TR | $825,397 | 0.06% | 1,239 | Common | NONE |
| 617446448 | MS | MORGAN STANLEY | $822,618 | 0.06% | 5,175 | Common | NONE |
| G0403H108 | AON | AON PLC | $821,560 | 0.06% | 2,304 | Common | NONE |
| 007903107 | AMD | ADVANCED MICRO DEVICES INC | $795,683 | 0.06% | 4,918 | Common | NONE |
| 90353W103 | UI | UBIQUITI INC | $698,894 | 0.05% | 1,058 | Common | NONE |
| 30231G102 | XOM | EXXON MOBIL CORP | $672,216 | 0.05% | 5,962 | Common | NONE |
| 478160104 | JNJ | JOHNSON &JOHNSON | $662,506 | 0.05% | 3,573 | Common | NONE |
| 091955104 | ETHW | BITWISE ETHEREUM ETF | $661,915 | 0.05% | 22,197 | Common | NONE |
| 91324P102 | UNH | UNITEDHEALTH GROUP INC | $652,272 | 0.05% | 1,889 | Common | NONE |
| 20717M103 | 8QR | CONFLUENT INC | $620,374 | 0.05% | 31,332 | Common | NONE |
| 22160K105 | COST | COSTCO WHSL CORP NEW | $607,213 | 0.05% | 656 | Common | NONE |
| 36828A101 | GEV | GE VERNOVA INC | $596,453 | 0.05% | 970 | Common | NONE |
| 14040H105 | COF | CAPITAL ONE FINL CORP | $589,697 | 0.05% | 2,774 | Common | NONE |
| 75513E101 | RTX | RTX CORPORATION | $588,500 | 0.05% | 3,517 | Common | NONE |
| 00287Y109 | ABBV | ABBVIE INC | $581,165 | 0.04% | 2,510 | Common | NONE |
| Y95308105 | WVE | WAVE LIFE SCIENCES LTD | $568,171 | 0.04% | 77,619 | Common | NONE |
| 949746101 | WMT2 | WELLS FARGO CO NEW | $551,871 | 0.04% | 6,584 | Common | NONE |
| 172967424 | C | CITIGROUP INC | $551,652 | 0.04% | 5,435 | Common | NONE |
| 92826C839 | V | VISA INC | $529,480 | 0.04% | 1,551 | Common | NONE |
| 437076102 | HD | HOME DEPOT INC | $523,505 | 0.04% | 1,292 | Common | NONE |
| 79466L302 | CRM | SALESFORCE INC | $503,625 | 0.04% | 2,125 | Common | NONE |
| 571903202 | MAR | MARRIOTT INTL INC NEW | $502,389 | 0.04% | 1,929 | Common | NONE |
| 742718109 | PG | PROCTER AND GAMBLE CO | $498,594 | 0.04% | 3,245 | Common | NONE |
| 040413205 | ANET | ARISTA NETWORKS INC | $464,523 | 0.04% | 3,188 | Common | NONE |
| N07059210 | ASML | ASML HOLDING N V | $462,747 | 0.04% | 478 | Common | NONE |
| G29183103 | ETN | EATON CORP PLC | $448,352 | 0.03% | 1,198 | Common | NONE |
| 404280406 | HSBC | HSBC HLDGS PLC | $429,571 | 0.03% | 6,052 | Common | NONE |
| 191216100 | KO | COCA COLA CO | $424,846 | 0.03% | 6,406 | Common | NONE |
| 718172109 | PM | PHILIP MORRIS INTL INC | $411,339 | 0.03% | 2,536 | Common | NONE |
| 683712103 | OPEN | OPENDOOR TECHNOLOGIES INC | $403,242 | 0.03% | 50,595 | Common | NONE |
| 595112103 | MU | MICRON TECHNOLOGY INC | $402,070 | 0.03% | 2,403 | Common | NONE |
| 375558103 | GILD | GILEAD SCIENCES INC | $401,154 | 0.03% | 3,614 | Common | NONE |
| 064058100 | BK | BANK NEW YORK MELLON CORP | $397,377 | 0.03% | 3,647 | Common | NONE |
| 57636Q104 | MA | MASTERCARD INCORPORATED | $394,754 | 0.03% | 694 | Common | NONE |
| 166764100 | CVX | CHEVRON CORP NEW | $393,039 | 0.03% | 2,531 | Common | NONE |
| 149123101 | CAT | CATERPILLAR INC | $392,217 | 0.03% | 822 | Common | NONE |
| 482480100 | KLAC | KLA CORP | $374,274 | 0.03% | 347 | Common | NONE |
| 032654105 | ADI | ANALOG DEVICES INC | $372,236 | 0.03% | 1,515 | Common | NONE |
| 565394103 | CART | MAPLEBEAR INC | $369,475 | 0.03% | 10,051 | Common | NONE |
| 461202103 | INTU | INTUIT | $369,454 | 0.03% | 541 | Common | NONE |
| 20030N101 | CMCSA | COMCAST CORP NEW | $359,790 | 0.03% | 11,451 | Common | NONE |
| 337738108 | FISV | FISERV INC | $341,665 | 0.03% | 2,650 | Common | NONE |
| 606822104 | MUFG | MITSUBISHI UFJ FINL GROUP IN | $336,462 | 0.03% | 21,108 | Common | NONE |
| 66987V109 | NVS | NOVARTIS AG | $335,732 | 0.03% | 2,618 | Common | NONE |
| 43300A203 | HLT | HILTON WORLDWIDE HLDGS INC | $328,970 | 0.03% | 1,268 | Common | NONE |
| 002824100 | ABT | ABBOTT LABS | $311,544 | 0.02% | 2,326 | Common | NONE |
| 046353108 | AZNN | ASTRAZENECA PLC | $305,806 | 0.02% | 3,986 | Common | NONE |
| 038222105 | AMAT | APPLIED MATLS INC | $304,448 | 0.02% | 1,487 | Common | NONE |
| 803054204 | SAP | SAP SE | $302,749 | 0.02% | 1,133 | Common | NONE |
| 58933Y105 | MRK | MERCK &CO INC | $290,566 | 0.02% | 3,462 | Common | NONE |
| 670100205 | NVO | NOVO-NORDISK A S | $287,216 | 0.02% | 5,176 | Common | NONE |
| 882508104 | TXN | TEXAS INSTRS INC | $280,188 | 0.02% | 1,525 | Common | NONE |
| 37045V100 | GM | GENERAL MTRS CO | $279,243 | 0.02% | 4,580 | Common | NONE |
| 717081103 | PFE | PFIZER INC | $275,286 | 0.02% | 10,804 | Common | NONE |
| 580135101 | MCD | MCDONALDS CORP | $274,717 | 0.02% | 904 | Common | NONE |
| 6907709SM | — | DIGITALOCEAN HLDGS INC | $274,430 | 0.02% | 422,200 | PUT | NONE |
| 101137107 | BSX | BOSTON SCIENTIFIC CORP | $272,290 | 0.02% | 2,789 | Common | NONE |
| 443201108 | HWM | HOWMET AEROSPACE INC | $264,126 | 0.02% | 1,346 | Common | NONE |
| 26614N102 | DD | DUPONT DE NEMOURS INC | $261,822 | 0.02% | 3,361 | Common | NONE |
| 548661107 | LOW | LOWES COS INC | $261,111 | 0.02% | 1,039 | Common | NONE |
| 278642103 | EBAY | EBAY INC. | $259,935 | 0.02% | 2,858 | Common | NONE |
| 00724F101 | ADBE | ADOBE INC | $259,271 | 0.02% | 735 | Common | NONE |
| 75734B100 | RDDT | REDDIT INC | $258,969 | 0.02% | 1,126 | Common | NONE |
| 194162103 | CL | COLGATE PALMOLIVE CO | $258,606 | 0.02% | 3,235 | Common | NONE |
| 904767704 | — | UNILEVER PLC | $252,770 | 0.02% | 4,264 | Common | NONE |
| 127387108 | CDNS | CADENCE DESIGN SYSTEM INC | $251,853 | 0.02% | 717 | Common | NONE |
| 026874784 | AIG | AMERICAN INTL GROUP INC | $251,564 | 0.02% | 3,203 | Common | NONE |
| 05964H105 | SAN | BANCO SANTANDER S.A. | $250,042 | 0.02% | 23,859 | Common | NONE |
| 718546104 | PSX | PHILLIPS 66 | $245,380 | 0.02% | 1,804 | Common | NONE |
| 872590104 | TMUS | T-MOBILE US INC | $243,928 | 0.02% | 1,019 | Common | NONE |
| 666807102 | NOC | NORTHROP GRUMMAN CORP | $239,463 | 0.02% | 393 | Common | NONE |
| 74762E102 | QURE | QUANTA SVCS INC | $238,706 | 0.02% | 576 | Common | NONE |
| 98138H101 | WDAY | WORKDAY INC | $237,601 | 0.02% | 987 | Common | NONE |
| 872540109 | TJX | TJX COS INC NEW | $234,444 | 0.02% | 1,622 | Common | NONE |
| 892331307 | TM | TOYOTA MOTOR CORP | $234,276 | 0.02% | 1,226 | Common | NONE |
| 231021106 | CMI | CUMMINS INC | $233,993 | 0.02% | 554 | Common | NONE |
| 20825C104 | COP | CONOCOPHILLIPS | $233,448 | 0.02% | 2,468 | Common | NONE |
| 26441C204 | DUK | DUKE ENERGY CORP NEW | $232,155 | 0.02% | 1,876 | Common | NONE |
| H42097107 | UBS | UBS GROUP AG | $231,568 | 0.02% | 5,648 | Common | NONE |
| G1151C101 | ACN | ACCENTURE PLC IRELAND | $228,105 | 0.02% | 925 | Common | NONE |
| 05946K101 | BBVA | BANCO BILBAO VIZCAYA ARGENTA | $223,570 | 0.02% | 11,614 | Common | NONE |
| 958102105 | WDC | WESTERN DIGITAL CORP | $222,591 | 0.02% | 1,854 | Common | NONE |
| 835699307 | SONY | SONY GROUP CORP | $221,971 | 0.02% | 7,710 | Common | NONE |
| 03027X100 | AMT | AMERICAN TOWER CORP NEW | $215,014 | 0.02% | 1,118 | Common | NONE |
| 86562M209 | SMFG | SUMITOMO MITSUI FINL GROUP I | $212,581 | 0.02% | 12,699 | Common | NONE |
| 828806109 | SPG | SIMON PPTY GROUP INC NEW | $210,753 | 0.02% | 1,123 | Common | NONE |
| 64110D104 | NTAP | NETAPP INC | $209,437 | 0.02% | 1,768 | Common | NONE |
| 49456B101 | KMI | KINDER MORGAN INC DEL | $205,049 | 0.02% | 7,243 | Common | NONE |
| 025816109 | AXP | AMERICAN EXPRESS CO | $204,611 | 0.02% | 616 | Common | NONE |
| 337932107 | FE | FIRSTENERGY CORP | $203,074 | 0.02% | 4,432 | Common | NONE |
| 110448107 | BTI | BRITISH AMERN TOB PLC | $200,961 | 0.02% | 3,786 | Common | NONE |
| 747525103 | QCOM | QUALCOMM INC | $200,797 | 0.02% | 1,207 | Common | NONE |
| 60687Y109 | MFG | MIZUHO FINANCIAL GROUP INC | $119,387 | 0.01% | 17,819 | Common | NONE |
| 405552100 | HLN | HALEON PLC | $90,570 | 0.01% | 10,097 | Common | NONE |
| 00534A102 | IVVD | INVIVYD INC | $87,856 | 0.01% | 79,869 | Common | NONE |
| M53213100 | ICL | ICL GROUP LTD | $80,213 | 0.01% | 12,896 | Common | NONE |
| 77313F106 | RCKT | ROCKET PHARMACEUTICALS INC | $36,952 | 0.00% | 11,335 | Common | NONE |
| 00791N102 | — | ADVANTAGE SOLUTIONS INC | $28,867 | 0.00% | 18,867 | Common | NONE |
| 7723429EY | — | AIRBNB INC | $4,032 | 0.00% | 50,400 | PUT | NONE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.