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Valiant Capital Management, L.P. — 13F Holdings & Portfolio

CIK 1452689 · latest 13F-HR filed 2026-08-14

Backtest portfolio

Valiant Capital Management, L.P. manages $2.48B in 13F-reported U.S. long-equity assets across 29 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are AMZN (16.88%), IWM (10.47%), SPY (10.14%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 2 new positions and exited 5; 15 existing positions rose in reported value and 3 fell.

AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.

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AUM
$2.48B

Long-equity book

Holdings
29

Distinct positions

Period
2026-06-30

Filed 2026-08-14

Q/Q Activity
+2 / −5 / ↑15 / ↓3

vs 2026-03-31

Portfolio charts

Latest quarter's book, what changed, and how the portfolio has evolved across filings.

Portfolio map

Q2 26
IWM16.1% · -5%SPY15.6% · -3%CORZ11.9% · +9%SEI8.0% · +43%GEV7.1% · +3%WULF4.5% · newPUMP3.8% · +5%GRDN3.1% · 0%RH3.1% · 0%PWR3.1% · +4%AVGO3.0% · 0%AMZN2.3% · 0%TKO2.3% · 0%CRWD2.1% · 0%GDX2.0% · 0%TTWO1.9% · 0%LLY1.8% · 0%HDB1.6% · 0%NVDA1.6% · 0%CRDO1.6% · 0%MSFT1.5% · 0%Z0.9% · 0%BW0.5% · newUBER0.3% · 0%PSIX0.2% · +18%

Box size = position value; colour = change in share count vs the prior quarter (green added, red trimmed, blue new). Rows split across managers or share classes are combined. Click a box for the stock.

Sector mix

% of 13F value

Sectors from each company's SIC code; funds and ETFs grouped separately.

Biggest buys and sells

Q1 26 → Q2 26

Estimated from the change in shares held × the quarter-end price, so price moves alone don't count as buying. New and exited positions are included.

13F assets and positions

4 quarters

Total reported 13F value (bars) and number of positions (line) each quarter. Value changes include market moves.

Top positions over time

reported value

The eight largest current positions, valued at each quarter end.

Concentration

top 10 = 76.4%

Cumulative share of the portfolio held in the largest N positions.

Firm Profile & Key People
Assets Under Management
$3.83B
Discretionary
$3.83B
Employees
29
Accounts
14
Address
394 PACIFIC AVENUE
FLOOR 4
SAN FRANCISCO, CA 94111
Phone
(415) 659-7201
Website
This firm reports 1 disclosure item on its registration.
Name Title / Status Ownership Type
Beckman, Michaela, Maureen ControlCHIEF COMPLIANCE OFFICERLess than 5%Individual
DEVREKER, CAREY, WILKINSON ControlCHIEF OF MARKETING/INVESTOR RELATIONSLess than 5%Individual
GOLDBERG, DAVID, SETH ControlHEAD TRADERLess than 5%Individual
GRAYSON, DAVID, ELLSWORTH ControlCHIEF TECHNOLOGY OFFICERLess than 5%Individual
HANSEN, CHRISTOPHER, ROBERT ControlPRESIDENT / LIMITED PARTNER75% or moreIndividual
HANSEN, CHRISTOPHER, ROBERT ControlMANAGER75% or moreIndividual
MILLER, BRIAN, ELLIOT ControlCHIEF FINANCIAL OFFICERLess than 5%Individual
VALIANT CAPITAL MANAGEMENT, LLC ControlGENERAL PARTNERLess than 5%Domestic Entity

Quarter-over-quarter changes

Changes in reported position value vs the prior 13F, so price moves count too, not just shares bought or sold.

Top Adds (vs prior quarter)

Show all 15 →

Top Trims

Show all 3 →

New Positions

Show all 2 →

Exited Positions

Show all 5 →

Valiant Capital Management, L.P. Holdings (2026-06-30)

Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).

# Issuer Symbol CUSIP Value Weight Shares Type
1 AMAZON COM INC Call AMZN 023135106 $418.3M 16.88% 1,755,000 SH
2 ISHARES TR IWM 464287655 $259.3M 10.47% 863,141 SH
3 SPDR S&P 500 ETF TR SPY 78462F103 $251.2M 10.14% 336,426 SH
4 TAIWAN SEMICONDUCTOR MANUFAC Call TSM 874039100 $195.5M 7.89% 409,300 SH
5 CORE SCIENTIFIC INC NEW CORZ 21874A106 $191.3M 7.72% 7,474,231 SH
6 CORE SCIENTIFIC INC NEW Call CORZ 21874A106 $167.0M 6.74% 6,527,700 SH
7 SOLARIS ENERGY INFRAS INC SEI 83418M103 $129.1M 5.21% 1,604,346 SH
8 GE VERNOVA INC GEV 36828A101 $114.7M 4.63% 97,612 SH
9 RH Call RH 74967X103 $90.6M 3.66% 550,000 SH
10 TERAWULF INC WULF 88080T104 $71.5M 2.89% 2,896,756 SH
11 PROPETRO HLDG CORP PUMP 74347M108 $60.8M 2.46% 4,242,475 SH
12 GUARDIAN PHARMACY SVCS INC GRDN 40145W101 $49.7M 2.01% 1,186,658 SH
13 RH RH 74967X103 $49.6M 2.00% 301,276 SH
14 QUANTA SVCS INC PWR 74762E102 $49.2M 1.98% 68,275 SH
15 BROADCOM INC AVGO 11135F101 $47.8M 1.93% 126,602 SH
16 AMAZON COM INC AMZN 023135106 $37.0M 1.50% 155,404 SH
17 TKO GROUP HOLDINGS INC TKO 87256C101 $36.3M 1.46% 180,117 SH
18 CROWDSTRIKE HLDGS INC CRWD 22788C105 $34.0M 1.37% 44,576 SH
19 VANECK ETF TRUST GDX 92189F106 $32.1M 1.29% 425,204 SH
20 TAKE-TWO INTERACTIVE SOFTWAR TTWO 874054109 $30.5M 1.23% 122,095 SH
21 ELI LILLY & CO LLY 532457108 $29.1M 1.18% 24,286 SH
22 HDFC BANK LTD HDB 40415F101 $26.5M 1.07% 1,026,232 SH
23 NVIDIA CORPORATION NVDA 67066G104 $25.9M 1.05% 129,579 SH
24 CREDO TECHNOLOGY GROUP HOLDI CRDO G25457105 $25.4M 1.02% 93,353 SH
25 MICROSOFT CORP MSFT 594918104 $24.8M 1.00% 66,415 SH
26 ZILLOW GROUP INC Z 98954M200 $14.9M 0.60% 473,329 SH
27 BABCOCK & WILCOX ENTERPRISES BW 05614L209 $7.8M 0.31% 550,000 SH
28 UBER TECHNOLOGIES INC UBER 90353T100 $4.3M 0.17% 59,464 SH
29 POWER SOLUTIONS INTL INC PSIX 73933G202 $3.2M 0.13% 81,674 SH
Filing History
Period Filed AUM Holdings Accession
2026-06-30 2026-08-14 $2.48B 29 0000935836-26-000404
2026-03-31 2026-05-15 $1.74B 34 0000935836-26-000259
2025-12-31 2026-02-17 $1.77B 33 0000935836-26-000098
2025-09-30 2025-11-14 $1.45B 32 0000935836-25-000673
Filer Information
Address
394 PACIFIC AVENUE
FLOOR 4
SAN FRANCISCO, CA 94111
Phone
(415) 659-7226
Filing Manager
Valiant Capital Management, L.P.
San Francisco, CA
Signatory
Michaela Beckman
Chief Compliance Officer