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

CIK 1452689 · latest 13F-HR filed 2026-05-15

Valiant Capital Management, L.P. manages $1.74B in 13F-reported U.S. long-equity assets across 34 reported positions as of its 2026-03-31 13F-HR filing. Its largest disclosed positions are SPY (12.94%), IWM (12.93%), TSM (7.95%). Quarter over quarter (versus its 2025-12-31 filing) the fund opened 1 new position, exited 2, added to 10, and trimmed 16.

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.

Loading holdings…
AUM

$1.74B

Long-equity book

Holdings

34

Distinct positions

Period

2026-03-31

Filed 2026-05-15

Q/Q Activity

+1 / −2 / ↑10 / ↓16

vs 2025-12-31

Firm Profile & Key People
Name Title / Status Ownership Type

Top Adds (vs prior quarter)

  • SPDR S&P 500 ETF TR$63.4M +39.2%
  • ISHARES TR$63.3M +39.1%
  • SOLARIS ENERGY INFRAS INC$29.5M +87.4%
  • PROPETRO HLDG CORP$23.4M +67.0%
  • GE VERNOVA INC$16.1M +24.3%
Show all 10

Top Trims

  • HDFC BANK LTD-$15.5M -37.7%
  • MICROSOFT CORP-$10.6M -30.0%
  • TAKE-TWO INTERACTIVE SOFTWAR-$10.1M -29.4%
  • ARGAN INC-$9.8M -23.3%
  • BROADCOM INC-$8.9M -18.4%
Show all 16

New Positions

  • FORGENT POWER SOLUTIONS INC$2.9M
Show all 1

Exited Positions

  • VISTRA CORP$28.9M
  • NETFLIX INC$17.4M
Show all 2
All Holdings

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 SPDR S&P 500 ETF TR SPY 78462F103 $225.2M 12.94% 346,326 SH
2 ISHARES TR IWM 464287655 $225.1M 12.93% 907,801 SH
3 TAIWAN SEMICONDUCTOR MANUFAC Call TSM 874039100 $138.3M 7.95% 409,300 SH
4 AMAZON COM INC Call AMZN 023135106 $130.2M 7.48% 625,000 SH
5 CORE SCIENTIFIC INC NEW CORZ 21874A106 $102.5M 5.89% 6,851,325 SH
6 CORE SCIENTIFIC INC NEW Call CORZ 21874A106 $95.9M 5.51% 6,407,700 SH
7 GE VERNOVA INC GEV 36828A101 $82.5M 4.74% 94,557 SH
8 SOLARIS ENERGY INFRAS INC SEI 83418M103 $63.3M 3.63% 1,119,503 SH
9 PROPETRO HLDG CORP PUMP 74347M108 $58.3M 3.35% 4,042,993 SH
10 APOLLO GLOBAL MGMT INC Put APO 03769M106 $47.9M 2.75% 430,000 SH
11 GUARDIAN PHARMACY SVCS INC GRDN 40145W101 $44.7M 2.57% 1,186,658 SH
12 RH RH 74967X103 $42.1M 2.42% 301,276 SH
13 BROADCOM INC AVGO 11135F101 $39.2M 2.25% 126,602 SH
14 VANECK ETF TRUST GDX 92189F106 $39.0M 2.24% 425,204 SH
15 CARLYLE GROUP INC Put CG 14316J108 $38.7M 2.22% 800,000 SH
16 TKO GROUP HOLDINGS INC TKO 87256C101 $36.3M 2.09% 180,117 SH
17 QUANTA SVCS INC PWR 74762E102 $35.9M 2.06% 65,461 SH
18 AMAZON COM INC AMZN 023135106 $32.4M 1.86% 155,404 SH
19 ARGAN INC AGX 04010E109 $32.3M 1.85% 59,243 SH
20 HDFC BANK LTD HDB 40415F101 $25.5M 1.47% 1,026,232 SH
21 MICROSOFT CORP MSFT 594918104 $24.6M 1.41% 66,415 SH
22 TAKE-TWO INTERACTIVE SOFTWAR TTWO 874054109 $24.1M 1.39% 122,095 SH
23 NVIDIA CORPORATION NVDA 67066G104 $22.6M 1.30% 129,579 SH
24 ELI LILLY & CO LLY 532457108 $22.3M 1.28% 24,286 SH
25 ZILLOW GROUP INC Z 98954M200 $19.6M 1.13% 473,329 SH
26 ARES MANAGEMENT CORPORATION Put ARES 03990B101 $19.1M 1.10% 175,000 SH
27 CROWDSTRIKE HLDGS INC CRWD 22788C105 $17.4M 1.00% 44,576 SH
28 SALESFORCE INC CRM 79466L302 $15.9M 0.92% 85,336 SH
29 WILLDAN GROUP INC WLDN 96924N100 $11.0M 0.63% 143,331 SH
30 CREDO TECHNOLOGY GROUP HOLDI CRDO G25457105 $8.8M 0.50% 93,353 SH
31 SERVICENOW INC NOW 81762P102 $8.7M 0.50% 82,866 SH
32 UBER TECHNOLOGIES INC UBER 90353T100 $4.3M 0.25% 59,464 SH
33 POWER SOLUTIONS INTL INC PSIX 73933G202 $4.2M 0.24% 69,388 SH
34 FORGENT POWER SOLUTIONS INC FPS 34631F102 $2.9M 0.17% 100,000 SH
Filing History
Period Filed AUM Holdings Accession
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