Returns–Not enough quarters yet
These returns are for its stock picks as disclosed on Form 13F: last quarter's holdings, valued at this quarter's prices. They miss trades within each quarter, short positions, options, bonds, cash and fees, so they aren't the returns its clients got.
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| COINCoinbase Global Inc | $215.5M | 17.4% | |
| Nu Hldgs LtdCUSIP G6683N103 | $193.0M | 15.6% | +4.2% |
| IOTSamsara Inc | $173.3M | 14.0% | −10.8% |
| VOOVanguard Index Fds | $100.8M | 8.2% | +113.0% |
| AGGIshares Tr | $61.0M | 4.9% | +91.5% |
| AVGOBroadcom Inc | $51.3M | 4.1% | −5.4% |
| VEAVanguard Tax-managed Fds | $47.5M | 3.8% | +77.0% |
| HOODRobinhood Mkts Inc | $47.1M | 3.8% | −5.1% |
| ABNBAirbnb Inc | $42.2M | 3.4% | −1.5% |
| IVVIshares Tr | $38.9M | 3.1% | +14.7% |
| METAMeta Platforms Inc | $28.8M | 2.3% | −7.4% |
| AXPAmerican Express Co | $20.2M | 1.6% | −48.8% |
| VTIVanguard Index Fds | $16.5M | 1.3% | |
| RPARTidal Trust I | $16.2M | 1.3% | New |
| GLDMWorld Gold Tr | $15.7M | 1.3% | New |
| OKTAOkta Inc | $14.1M | 1.1% | −69.3% |
| JAAAJanus Detroit Str Tr | $11.0M | 0.9% | −8.4% |
| GOVTIshares Tr | $10.5M | 0.8% | +322.6% |
| IEMGIshares Inc | $9.9M | 0.8% | New |
| RVMDRevolution Medicines Inc | $9.6M | 0.8% | −50.6% |
| AFRMAffirm Hldgs Inc | $8.0M | 0.6% | −5.0% |
| TIPIshares Tr | $7.6M | 0.6% | New |
| FIGFigma Inc | $7.4M | 0.6% | New |
| OMDAOmada Health Inc | $7.3M | 0.6% | +73.6% |
| GUNRFlexshares Tr | $7.2M | 0.6% | New |
Best picks still held
How each current holding has done since the quarter it first appeared in its filings (up to six years back).
| Stock | Held since | Return since | Now worth |
|---|---|---|---|
| DOCNDigitalocean Hldgs Inc | December 31, 2025 | +226.3% | $3.3M |
| CRWDCrowdstrike Hldgs Inc | December 31, 2023 | +198.9% | $3.2M |
| RVMDRevolution Medicines Inc | December 31, 2025 | +135.1% | $9.6M |
| AFRMAffirm Hldgs Inc | December 31, 2023 | +66.0% | $8.0M |
| AMZNAmazon Com Inc | December 31, 2023 | +56.9% | $2.3M |
| OKTAOkta Inc | December 31, 2023 | +50.7% | $14.1M |
| RBLXRoblox Corp | June 30, 2024 | +46.1% | $6.4M |
| OMDAOmada Health Inc | December 31, 2025 | +39.1% | $7.3M |
| IVVIshares Tr | December 31, 2024 | +27.2% | $38.9M |
| VEAVanguard Tax-managed Fds | September 30, 2025 | +18.9% | $47.5M |
Sold off last quarter
- XHLFBondbloxx Etf Trust was $70.1M
- BRK/BBerkshire Hathaway Inc Del was $2.2M
- TSLATesla Inc was $1.5M
- WMTWalmart Inc was $1.3M
- PLTRPalantir Technologies Inc was $1.2M
- LLYEli Lilly &co was $1.1M
- JPMJpmorgan Chase &co was $1.1M
- GEGe Aerospace was $1.1M
- GSGoldman Sachs Group Inc was $1.1M
- Exxon Mobil CorpCUSIP 30231G102 was $1.0M
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +3.8% | +14.8% |
| March 31, 2026 | −13.2% | −4.6% |
| September 30, 2025 | +1.3% | +7.8% |
| June 30, 2025 | +48.6% | +10.5% |
| March 31, 2025 | −15.6% | −4.6% |
| September 30, 2024 | −10.0% | +5.4% |
| June 30, 2024 | −11.4% | +4.0% |
| March 31, 2024 | +22.2% | +10.0% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: a16z Perennial Management, L.P. Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=2009275&type=13F-HR&dateb=&owner=include&count=40CIK 2009275
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/2009275/000200927526000003/Filed July 24, 2026 · accession 0002009275-26-000003