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a16z Perennial Management, L.P.

Institutional InvestorSimilar funds →SEC EDGAR: CIK 2009275
Institutional-grade research for retail investors

Sector Allocation

  • Financials41.4%$512.2M
  • Other28.9%$357.2M
  • Technology27.4%$338.2M
  • Healthcare1.4%$17.5M
  • Communication Services0.6%$6.9M
  • Consumer Discretionary0.2%$2.8M
  • Industrials0.1%$1.5M

AUM History

13fpro.ai/research/fund/a16z-perennial-management-l-p-2009275

Conviction and streaks

Stable · top 10 = 78.5%

From the fund's last 12 quarters of 13F filings: positions held longest at size, and names it added to or trimmed several quarters running.

NU$NUConviction hold15.6% weight · held 7 quartersAVGO$AVGOConviction hold4.2% weight · held 4 quarters$Conviction hold3.8% weight · held 4 quartersHOOD$HOODConviction hold3.8% weight · held 4 quarters$Conviction hold3.1% weight · held 7 quartersCOIN$COINAccumulating+1% shares · 2 quarters runningNU$NUAccumulating+5% shares · 2 quarters running$Accumulating+580% shares · 2 quarters runningOMDA$OMDAAccumulating+113% shares · 2 quarters runningABNB$ABNBTrimming-72% shares · 5 quarters runningHOOD$HOODTrimming-24% shares · 3 quarters runningOKTA$OKTATrimming-83% shares · 3 quarters runningGOOG$GOOGTrimming-91% shares · 3 quarters runningNVDA$NVDATrimming-92% shares · 3 quarters running

Largest positions — Q2 2026

  • COINCOIN
    $215.5M
  • NUNU
    $193.0M
  • IOTIOT
    $173.3M
  • VANGUARD
    $100.8M
  • ISHARES
    $61.0M
  • AVGOAVGO
    $51.3M
  • VANGUARD
    $47.5M
  • HOODHOOD
    $47.1M
  • ABNBABNB
    $42.2M
  • ISHARES
    $38.9M
  • METAMETA
    $28.8M
  • AXPAXP
    $20.2M
  • VANGUARD
    $16.5M
  • TIDAL
    $16.2M
  • GLDMGLDM
    $15.7M
  • OKTAOKTA
    $14.1M
  • JANUS
    $11.0M
  • ISHARES
    $10.5M
  • ISHARES
    $9.9M
  • RVMDRVMD
    $9.6M

Top 20 stock positions. Options are left out: 13F reports them at the underlying's value.

13fpro.ai/research/fund/a16z-perennial-management-l-p-2009275

a16z Perennial Management, L.P. 13F holdings — Q2 2026

$1.2B portfolio (+2.7% QoQ) · 63 holdings · Q2 2026 13F · top 10 are 79% of the stock portfolio

Includes $646K of put/call options ($646K puts, $0 calls), which 13F rules report at the value of the underlying shares, not the premium at risk. Stocks alone: $1.2B. Weights use the stock portfolio.

All holdings — a16z Perennial Management, L.P. (Q2 2026)

63 disclosed positions from the Form 13F-HR on SEC EDGAR, with quarter-over-quarter share changes. Largest by value first; the ten above are not repeated.

Company
META$METAMeta Platforms, Inc.$28.8M-7%
AXP$AXPAMERICAN EXPRESS CO$20.2M-49%
— VANGUARD INDEX FDS - TOTAL STK MKTetf/fund$16.5M-0.6%
— TIDAL TRUST I - RPAR RISK PARI$16.2MNew
GLDM$GLDMWorld Gold Trustetf/fund$15.7MNew
OKTA$OKTAOkta, Inc.$14.1M-69%
— JANUS DETROIT STR TR - HENDRSON AAA CL$11.0M-8%
— ISHARES TR - US TREAS BD ETFetf/fund$10.5M+323%
— ISHARES INC - CORE MSCI EMKTetf/fund$9.9MNew
RVMD$RVMDRevolution Medicines, Inc.$9.6M-51%
AFRM$AFRMAffirm Holdings, Inc.$8.0M-5%
— ISHARES TR - TIPS BD ETFetf/fund$7.6MNew
FIG$FIGFigma, Inc.$7.4MNew
OMDA$OMDAOmada Health, Inc.$7.3M+74%
— FLEXSHARES TR - MORNSTAR UPSTR$7.2MNew

What changed in Q2 2026

Against the previous quarter's 13F: 20 new, 11 added to, 22 trimmed, 109 sold out. Share-count changes; largest moves by dollar size first.

New positions (20)

  • TIDAL TRUST I - RPAR RISK PARI$16.2M

    first bought this quarter

  • GLDM$GLDMWorld Gold Trust$15.7M

    first bought this quarter

  • ISHARES INC - CORE MSCI EMKT$9.9M

    first bought this quarter

  • ISHARES TR - TIPS BD ETF$7.6M

    first bought this quarter

  • FIG$FIGFigma, Inc.$7.4M

    first bought this quarter

  • FLEXSHARES TR - MORNSTAR UPSTR$7.2M

    first bought this quarter

+14 more in the Excel export

Added to (11)

  • VANGUARD INDEX FDS - S&P 500 ETF SHS+113%

    now $100.8M

  • ISHARES TR - CORE US AGGBD ET+92%

    now $61.0M

  • VANGUARD TAX-MANAGED FDS - VAN FTSE DEV MKT+77%

    now $47.5M

  • ISHARES TR - US TREAS BD ETF+323%

    now $10.5M

  • NU$NUNu Holdings Ltd.+4%

    now $193.0M · held 6+ qtrs

  • ISHARES TR - CORE S&P500 ETF+15%

    now $38.9M

+5 more in the Excel export

Trimmed (22)

  • BRK.A$BRK.ABERKSHIRE HATHAWAY INC-100%

    now $749K · held 1 qtr

  • OKTA$OKTAOkta, Inc.-69%

    now $14.1M · held 6+ qtrs, 3 trims in a row

  • IOT$IOTSamsara Inc.-11%

    now $173.3M · held 6+ qtrs

  • AXP$AXPAMERICAN EXPRESS CO-49%

    now $20.2M · held 4 qtrs

  • RVMD$RVMDRevolution Medicines, Inc.-51%

    now $9.6M · held 3 qtrs, 2 trims in a row

  • NVDA$NVDANVIDIA CORP-91%

    now $640K · held 4 qtrs, 3 trims in a row

+16 more in the Excel export

Sold out (109)

  • BONDBLOXX ETF TRUSTwas $70.1M
  • TSLA$TSLATesla, Inc.was $1.5M

    held 3 qtrs

  • WMT$WMTWalmart Inc.was $1.3M

    held 3 qtrs

  • PUTAIRBNB INCwas $1.2M
  • PLTR$PLTRPalantir Technologies Inc.was $1.2M

    held 3 qtrs

  • LLY$LLYELI LILLY & Cowas $1.1M

+103 more in the Excel export

Firm AUM (Form ADV): $2.8B as of 2025-12-31 · SEC IAPD

Share

Holdings by quarter

Every 13F a16z Perennial Management, L.P. has filed, 10 earlier quarters. Pick one to see what it held then.

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Is it too late to follow a16z Perennial Management, L.P.?

Q2 2026 13F filed with the SEC on Jul 24, 2026. Prices are closing prices as of Oct 26, 2026.

Average quality of a16z Perennial Management, L.P.'s top 20 holdings: 62/100 (our AI quality score, weighted by position size; 16 of the 20 are scored)

Top 10 since filing

+6.4%

Value-weighted move of the 10 largest stock positions

Turnover

19%

Last quarter; 63% over the last 4

Top 10 weight

79%

Share of the stock portfolio in its 10 largest positions

Held 4+ quarters

93%

Share of portfolio value in positions held a year or more

Highest-quality names it owns(among its 100 largest positions)

The 8 highest-scoring companies in this portfolio are a Pro feature.

How these are measured
  • Moves since the quarter-end and since the filing date use our own daily closing prices, from the close on (or just before) each date to the latest close.
  • Turnover is the lesser of shares bought or sold in a quarter, valued at the quarter-end prices in the 13F, divided by the average of the two quarters' stock portfolio values.
  • Quarters held and add/trim streaks count back only through quarters whose filed holdings add up to the filing's own cover-page total (back to Q1 2025 for this fund). A change counts as an add or a trim when the split-adjusted share count moves by more than 1%.
  • Estimate, not the fund's reported cost. For each quarter in the current holding period in which the fund's share count rose (split-adjusted), we take that quarter's average daily close and weight it by the shares added; sales do not change an average cost. Quarters where the stock's price history and the 13F's own implied price disagree by more than 2x are left out.
  • Put and call option rows report the value of the underlying shares, not a position the fund paid for, so they are left out of all of the above.

Portfolio Overview

a16z Perennial Management, L.P. disclosed 63 positions worth $1.2B in its Form 13F-HR for Q2 2026 — $1.2B in common stock plus $646,154 of put/call option positions (reported at underlying notional value, not premium at risk), led by $COIN (Coinbase Global, Inc.) at 17.4% of the equity portfolio, followed by $NU and $IOT. During the quarter the fund opened 20 new positions and exited 109. The portfolio is most concentrated in Financials (41.4% of disclosed assets). All figures are sourced directly from a16z Perennial Management, L.P.’s Form 13F-HR filing with the SEC under CIK 2009275.

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AI-Powered Hedge Fund Analysis: a16z Perennial Management, L.P.

13F Pro is an AI hedge fund tracker and stock research platform. For a16z Perennial Management, L.P. (SEC CIK: 2009275), the platform ingests every quarterly Form 13F filing and applies AI-powered analysis on top — 10 specialized AI analysts (value, growth, momentum, macro, activist, and more) debate the fund's top positions and publish AI-generated analysis with cited SEC sources.

Every holding in a16z Perennial Management, L.P.'s portfolio is scored on an AI quality ranking built from its SEC filings (ROIC, FCF margin, revenue growth, institutional flow, earnings quality, shareholder dilution, and more). Track accumulation and distribution quarter over quarter, identify conviction positions, and see AI stock analysis for each position — alongside 8,700+ other institutional filers and 2,800+ AI-ranked companies.