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a16z Perennial Management, L.P. — 13F Holdings & Portfolio

CIK 2009275 · latest 13F-HR filed 2026-07-24

Backtest portfolio

a16z Perennial Management, L.P. manages $1.24B in 13F-reported U.S. long-equity assets across 63 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are COIN (17.42%), NU (15.60%), IOT (14.01%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 19 new positions and exited 100; 17 existing positions rose in reported value and 18 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
$1.24B

Long-equity book

Holdings
63

Distinct positions

Period
2026-06-30

Filed 2026-07-24

Q/Q Activity
+19 / −100 / ↑17 / ↓18

vs 2026-03-31

Portfolio charts

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

Portfolio map

Q2 26
COIN17.4% · +0%NU15.6% · +4%IOT14.0% · -11%VOO8.2% · +113%AGG4.9% · +92%AVGO4.1% · -5%VEA3.8% · +77%HOOD3.8% · -5%ABNB3.4% · -2%IVV3.1% · +15%META2.3% · -7%AXP1.6% · -49%VTI1.3% · -1%RPAR1.3% · newGLDM1.3% · newOKTA1.1% · -69%JAAA0.9% · -8%GOVT0.8% · +323%IEMG0.8% · newRVMD0.8% · -51%AFRM0.6% · -5%TIP0.6% · newFIG0.6% · newOMDA0.6% · +74%GUNR0.6% · newBAR0.6% · newMBB0.5% · newDIS0.5% · 0%SHV0.5% · newRBLX0.5% · +4%IVE0.4% · newEMXC0.3% · newDOCN0.3% · +13%CRWD0.3% · -27%DFIV0.2% · newWLTH0.2% · newAMZN0.2% · -60%PINS0.2% · 0%AAPL0.2% · -74%BITB0.1% · 0%CART0.1% · -23%SCHP0.1% · newGOOGL0.1% · -71%SPY0.1% · +52%DFAC0.1% · 0%IWM0.1% · newVWO0.1% · newGOOG0.1% · -80%BRK.A0.1% · newIAUM0.1% · 0%NVDA0.1% · -91%MSFT0.0% · -87%DASH0.0% · -10%WVE0.0% · 0%RDDT0.0% · newNFLX0.0% · -61%INTC0.0% · newCMF0.0% · 0%ETHW0.0% · 0%IVVD0.0% · 0%

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 = 78.5%

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

Firm Profile & Key People
Assets Under Management
$2.75B
Discretionary
$2.75B
Employees
26
Accounts
147
Address
2875 SAND HILL RD
MENLO PARK, CA 94025
Phone
(650) 798-5800
Website
Mailing Address
2865 SAND HILL ROAD SUITE #101, MENLO PARK, CA, 94025-7022
Name Title / Status Ownership Type
A16Z HOLDINGS, L.L.C. ControlSOLE MEMBER75% or moreDomestic Entity
A16Z HOLDINGS, L.L.C. ControlLIMITED PARTNER25–50%Domestic Entity
A16Z PERENNIAL EMPLOYEE HOLDINGS, L.P. ControlLIMITED PARTNER50–75%Domestic Entity
A16Z PERENNIAL MANAGEMENT GP, L.L.C. ControlGENERAL PARTNERLess than 5%Domestic Entity
A16Z PERENNIAL MANAGEMENT GP, L.L.C. ControlGENERAL PARTNERGeneral partnerDomestic Entity
ANDREESSEN, MARC, LOWELL ControlMEMBER50–75%Individual
DEL BUONO, MICHEL, ATTILA ControlCHIEF INVESTMENT OFFICERLess than 5%Individual
HOROWITZ, BENJAMIN, ABRAHAM ControlMEMBER50–75%Individual
WALKER, ROBERT, SCOTT THOMAS ControlCHIEF COMPLIANCE OFFICERLess than 5%Individual

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 17 →

Top Trims

Show all 18 →

New Positions

Show all 19 →

Exited Positions

Show all 100 →

a16z Perennial 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 COINBASE GLOBAL INC COIN 19260Q107 $215.5M 17.42% 1,473,831 SH
2 NU HLDGS LTD NU G6683N103 $193.0M 15.60% 14,444,100 SH
3 SAMSARA INC IOT 79589L106 $173.3M 14.01% 5,344,484 SH
4 VANGUARD INDEX FDS VOO 922908363 $100.8M 8.15% 147,401 SH
5 ISHARES TR AGG 464287226 $61.0M 4.93% 615,315 SH
6 BROADCOM INC AVGO 11135F101 $51.3M 4.15% 135,798 SH
7 VANGUARD TAX-MANAGED FDS VEA 921943858 $47.5M 3.84% 667,483 SH
8 ROBINHOOD MKTS INC HOOD 770700102 $47.1M 3.80% 469,215 SH
9 AIRBNB INC ABNB 009066101 $42.2M 3.41% 294,893 SH
10 ISHARES TR IVV 464287200 $38.9M 3.14% 51,895 SH
11 META PLATFORMS INC META 30303M102 $28.8M 2.32% 51,051 SH
12 AMERICAN EXPRESS CO AXP 025816109 $20.2M 1.63% 59,779 SH
13 VANGUARD INDEX FDS VTI 922908769 $16.5M 1.34% 44,683 SH
14 TIDAL TRUST I RPAR 886364603 $16.2M 1.31% 726,729 SH
15 WORLD GOLD TR GLDM 98149E303 $15.7M 1.27% 198,110 SH
16 OKTA INC OKTA 679295105 $14.1M 1.14% 103,080 SH
17 JANUS DETROIT STR TR JAAA 47103U845 $11.0M 0.89% 217,155 SH
18 ISHARES TR GOVT 46429B267 $10.5M 0.85% 459,986 SH
19 ISHARES INC IEMG 46434G103 $9.9M 0.80% 118,984 SH
20 REVOLUTION MEDICINES INC RVMD 76155X100 $9.6M 0.78% 51,490 SH
21 AFFIRM HLDGS INC AFRM 00827B106 $8.0M 0.65% 98,020 SH
22 ISHARES TR TIP 464287176 $7.6M 0.61% 69,075 SH
23 FIGMA INC FIG 316841105 $7.4M 0.60% 407,253 SH
24 OMADA HEALTH INC OMDA 68170A108 $7.3M 0.59% 334,071 SH
25 FLEXSHARES TR GUNR 33939L407 $7.2M 0.59% 147,066 SH
26 GRANITESHARES GOLD TR BAR 38748G101 $7.2M 0.58% 181,946 SH
27 ISHARES TR MBB 464288588 $6.6M 0.53% 69,775 SH
28 DISNEY WALT CO DIS 254687106 $6.5M 0.53% 67,804 SH
29 ISHARES TR SHV 464288679 $6.4M 0.52% 58,374 SH
30 ROBLOX CORP RBLX 771049103 $6.4M 0.52% 118,226 SH
31 ISHARES TR IVE 464287408 $4.5M 0.36% 19,804 SH
32 ISHARES INC EMXC 46434G764 $4.1M 0.33% 39,825 SH
33 DIGITALOCEAN HLDGS INC DOCN 25402D102 $3.3M 0.27% 20,952 SH
34 CROWDSTRIKE HLDGS INC CRWD 22788C105 $3.2M 0.26% 4,168 SH
35 DIMENSIONAL ETF TRUST DFIV 25434V807 $2.4M 0.20% 45,008 SH
36 WEALTHFRONT CORP WLTH 947002101 $2.3M 0.19% 258,624 SH
37 AMAZON COM INC AMZN 023135106 $2.3M 0.19% 9,690 SH
38 PINTEREST INC PINS 72352L106 $2.1M 0.17% 99,833 SH
39 APPLE INC AAPL 037833100 $2.0M 0.16% 6,790 SH
40 BITWISE BITCOIN ETF TR BITB 09174C104 $1.6M 0.13% 50,502 SH
41 MAPLEBEAR INC CART 565394103 $1.5M 0.12% 31,862 SH
42 SCHWAB STRATEGIC TR SCHP 808524870 $1.5M 0.12% 56,000 SH
43 ALPHABET INC GOOGL 02079K305 $1.4M 0.12% 4,015 SH
44 STATE STR SPDR S&P 500 ETF T SPY 78462F103 $1.4M 0.11% 1,880 SH
45 DIMENSIONAL ETF TRUST DFAC 25434V708 $1.2M 0.10% 26,550 SH
46 ISHARES TR IWM 464287655 $976.5K 0.08% 3,250 SH
47 VANGUARD INTL EQUITY INDEX F VWO 922042858 $881.5K 0.07% 14,768 SH
48 ALPHABET INC GOOG 02079K107 $860.7K 0.07% 2,436 SH
49 BERKSHIRE HATHAWAY INC DEL BRK.A 084670108 $748.9K 0.06% 1 SH
50 ISHARES GOLD TRUST MICRO IAUM 46436F103 $683.3K 0.06% 17,077 SH
Filing History
Period Filed AUM Holdings Accession
2026-06-30 2026-07-24 $1.24B 63 0002009275-26-000003
2026-03-31 2026-05-12 $1.20B 152 0002009275-26-000002
2025-12-31 2026-02-10 $1.33B 156 0002009275-26-000001
2025-09-30 2025-11-05 $1.31B 144 0002009275-25-000011
Filer Information
Address
2865 SAND HILL ROAD
SUITE 101
MENLO PARK, CA 94025
Phone
(650) 512-8962
Filing Manager
a16z Perennial Management, L.P.
MENLO PARK, CA
Signatory
Michel Del Buono
Chief Investment Officer