a16z Perennial Management, L.P.

MENLO PARK, CA · CIK 2009275 · 13F filing filed 2026-07-24

No investment adviser registration (Form ADV) found for this filer. It may be a parent company whose subsidiaries are the registered advisers, a bank or insurer, or a manager based outside the US.

Legal entityA16Z PERENNIAL MANAGEMENT, L.P. (US)

Kindhedge funds, private equity, wealth
Others nearbyMenlo Park, CA, Atherton, CA, New York, NY
Familya16z Perennial Management, L.P. · 2 related pages

$1.2bn reported value +2.9% vs Q1 2026

61positions

78.5%in top 10

19 new 11 added 21 reduced 100 sold out vs Q1 2026

Options: 0 call positions (— notional), 2 put positions ($646.2k notional) – listed below, not included above.

Holdings, Q2 2026

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	COINBASE GLOBAL INC COM CL A COIN	COIN	1,473,831	$215.5m17.43%	17.43%	Added +2.8k	+2,836 0.2%
2	NU HLDGS LTD ORD SHS CL A NU	NU	14,444,100	$193.0m15.61%	15.61%	Added +585.8k	+585,800 4.2%
3	SAMSARA INC COM CL A IOT	IOT	5,344,484	$173.3m14.02%	14.02%	Reduced -645.4k	-645,392 -10.8%
4	VANGUARD INDEX FDS S&P 500 ETF SHS VOO	VOO	147,401	$100.8m8.15%	8.15%	Added +78.2k	+78,209 113.0%
5	ISHARES TR CORE US AGGBD ET AGG	AGG	615,315	$61.0m4.93%	4.93%	Added +294.1k	+294,084 91.5%
6	BROADCOM INC COM AVGO	AVGO	135,798	$51.3m4.15%	4.15%	Reduced -7.7k	-7,733 -5.4%
7	VANGUARD TAX-MANAGED FDS VAN FTSE DEV MKT VEA	VEA	667,483	$47.5m3.84%	3.84%	Added +290.5k	+290,480 77.0%
8	ROBINHOOD MKTS INC COM CL A HOOD	HOOD	469,215	$47.1m3.81%	3.81%	Reduced -25.1k	-25,137 -5.1%
9	AIRBNB INC COM CL A ABNB	ABNB	294,893	$42.2m3.41%	3.41%	Reduced -4.6k	-4,600 -1.5%
10	ISHARES TR CORE S&P500 ETF IVV	IVV	51,895	$38.9m3.14%	3.14%	Added +6.6k	+6,645 14.7%
11	META PLATFORMS INC CL A META	META	51,051	$28.8m2.33%	2.33%	Reduced -4.1k	-4,085 -7.4%
12	AMERICAN EXPRESS CO COM AXP	AXP	59,779	$20.2m1.64%	1.64%	Reduced -56.9k	-56,929 -48.8%
13	VANGUARD INDEX FDS TOTAL STK MKT VTI	VTI	44,683	$16.5m1.34%	1.34%	Reduced -276	-276 -0.6%
14	TIDAL ETF TR RPAR RISK PARI RPAR	RPAR	726,729	$16.2m1.31%	1.31%	New
15	WORLD GOLD TR SPDR GLD MINIS GLDM	GLDM	198,110	$15.7m1.27%	1.27%	New
16	OKTA INC CL A OKTA	OKTA	103,080	$14.1m1.14%	1.14%	Reduced -232.7k	-232,700 -69.3%
17	JANUS DETROIT STR TR HENDRSON AAA CL JAAA	JAAA	217,155	$11.0m0.89%	0.89%	Reduced -20.0k	-19,997 -8.4%
18	ISHARES TR US TREAS BD ETF GOVT	GOVT	459,986	$10.5m0.85%	0.85%	Added +351.1k	+351,139 322.6%
19	ISHARES INC CORE MSCI EMKT IEMG	IEMG	118,984	$9.9m0.80%	0.80%	New
20	REVOLUTION MEDICINES INC COM RVMD	RVMD	51,490	$9.6m0.78%	0.78%	Reduced -52.7k	-52,724 -50.6%
21	AFFIRM HLDGS INC COM CL A AFRM	AFRM	98,020	$8.0m0.65%	0.65%	Reduced -5.2k	-5,200 -5.0%
22	ISHARES TR TIPS BD ETF TIP	TIP	69,075	$7.6m0.61%	0.61%	New
23	FIGMA INC CLASS A COM STK FIG	FIG	407,253	$7.4m0.60%	0.60%	New
24	OMADA HEALTH INC COM OMDA	OMDA	334,071	$7.3m0.59%	0.59%	Added +141.6k	+141,605 73.6%
25	FLEXSHARES TR MORNSTAR UPSTR GUNR	GUNR	147,066	$7.2m0.59%	0.59%	New
26	GRANITESHARES GOLD TR SHS BEN INT BAR	BAR	181,946	$7.2m0.58%	0.58%	New
27	ISHARES TR MBS ETF MBB	MBB	69,775	$6.6m0.53%	0.53%	New
28	DISNEY WALT CO COM DIS	DIS	67,804	$6.5m0.53%	0.53%	Unchanged
29	ISHARES TR SHORT TREAS BD SHV	SHV	58,374	$6.4m0.52%	0.52%	New
30	ROBLOX CORP CL A RBLX	RBLX	118,226	$6.4m0.52%	0.52%	Added +4.8k	+4,832 4.3%
31	ISHARES TR S&P 500 VAL ETF IVE	IVE	19,804	$4.5m0.36%	0.36%	New
32	ISHARES INC MSCI EMRG CHN EMXC	EMXC	39,825	$4.1m0.33%	0.33%	New
33	DIGITALOCEAN HLDGS INC COM DOCN	DOCN	20,952	$3.3m0.27%	0.27%	Added +2.4k	+2,400 12.9%
34	CROWDSTRIKE HLDGS INC CL A CRWD	CRWD	4,168	$3.2m0.26%	0.26%	Reduced -1.6k	-1,568 -27.3%
35	DIMENSIONAL ETF TRUST INTERNATNAL VAL DFIV	DFIV	45,008	$2.4m0.20%	0.20%	New
36	WEALTHFRONT CORP COM WLTH	WLTH	258,624	$2.3m0.19%	0.19%	New
37	AMAZON COM INC COM AMZN	AMZN	9,690	$2.3m0.19%	0.19%	Reduced -14.4k	-14,379 -59.7%
38	PINTEREST INC CL A PINS	PINS	99,833	$2.1m0.17%	0.17%	Unchanged
39	APPLE INC COM AAPL	AAPL	6,790	$2.0m0.16%	0.16%	Reduced -19.0k	-19,030 -73.7%
40	BITWISE BITCOIN ETF TR SHS BEN INT BITB	BITB	50,502	$1.6m0.13%	0.13%	Unchanged
41	MAPLEBEAR INC COM CART	CART	31,862	$1.5m0.12%	0.12%	Reduced -9.4k	-9,378 -22.7%
42	SCHWAB STRATEGIC TR US TIPS ETF SCHP	SCHP	56,000	$1.5m0.12%	0.12%	New
43	ALPHABET INC CAP STK CL A GOOGL	GOOGL	4,015	$1.4m0.12%	0.12%	Reduced -10.0k	-9,965 -71.3%
44	SPDR S&P 500 ETF TR TR UNIT SPY	SPY	1,880	$1.4m0.11%	0.11%	Added +641	+641 51.7%
45	DIMENSIONAL ETF TRUST US CORE EQUITY 2 DFAC	DFAC	26,550	$1.2m0.10%	0.10%	Unchanged
46	ISHARES TR RUSSELL 2000 ETF IWM	IWM	3,250	$976.5k0.08%	0.08%	New
47	VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF VWO	VWO	14,768	$881.5k0.07%	0.07%	New
48	ALPHABET INC CAP STK CL C GOOG	GOOG	2,436	$860.7k0.07%	0.07%	Reduced -9.5k	-9,532 -79.7%
49	BERKSHIRE HATHAWAY INC DEL CL A BRK.A	BRK.A	1	$748.9k0.06%	0.06%	New
50	ISHARES GOLD TR SHARES REPRESENT IAUM	IAUM	17,077	$683.3k0.06%	0.06%	Unchanged
51	NVIDIA CORPORATION COM NVDA	NVDA	3,200	$640.3k0.05%	0.05%	Reduced -34.0k	-34,015 -91.4%
52	MICROSOFT CORP COM MSFT	MSFT	1,486	$551.4k0.04%	0.04%	Reduced -9.7k	-9,665 -86.7%
53	DOORDASH INC CL A DASH	DASH	2,680	$494.5k0.04%	0.04%	Reduced -310	-310 -10.4%
54	WAVE LIFE SCIENCES LTD SHS 96663EUR	96663EUR	77,619	$451.0k0.04%	0.04%	Unchanged
55	REDDIT INC CL A RDDT	RDDT	2,471	$429.9k0.03%	0.03%	New
56	NETFLIX INC COM NFLX	NFLX	5,740	$409.8k0.03%	0.03%	Reduced -8.8k	-8,820 -60.6%
57	INTEL CORP COM INTC	INTC	2,600	$352.8k0.03%	0.03%	New
58	ISHARES TR CALIF MUN BD ETF CMF	CMF	4,710	$271.5k0.02%	0.02%	Unchanged
59	BITWISE ETHEREUM ETF SHS ETHW	ETHW	22,197	$250.4k0.02%	0.02%	Unchanged
60	INVIVYD INC COM IVVD	IVVD	79,869	$69.7k0.01%	0.01%	Unchanged
61	ROCKET PHARMACEUTICALS INC COM RCKT	RCKT	11,335	$38.8k0.00%	0.00%	Unchanged

Sold out since Q1 2026

Security	Ticker	Shares held before	Value then
BONDBLOXX ETF TRUST XHLF	XHLF	1,392,000	$70.1m1.4m shares
BERKSHIRE HATHAWAY INC DEL BRK.B	BRK.B	4,623	$2.2m4.6k shares
TESLA INC TSLA	TSLA	3,928	$1.5m3.9k shares
WALMART INC WMT	WMT	10,657	$1.3m10.7k shares
PALANTIR TECHNOLOGIES INC PLTR	PLTR	7,954	$1.2m8.0k shares
ELI LILLY & CO LLY	LLY	1,238	$1.1m1.2k shares
JPMORGAN CHASE & CO JPM	JPM	3,789	$1.1m3.8k shares
GE AEROSPACE GE	GE	3,918	$1.1m3.9k shares
GOLDMAN SACHS GROUP INC GS	GS	1,273	$1.1m1.3k shares
EXXON MOBIL CORP XOM	XOM	6,074	$1.0m6.1k shares
JOHNSON & JOHNSON JNJ	JNJ	3,519	$860.2k3.5k shares
GE VERNOVA INC GEV	GEV	980	$855.4k980 shares
MORGAN STANLEY MS	MS	5,130	$844.2k5.1k shares
UBIQUITI INC UI	UI	1,058	$836.1k1.1k shares
MICRON TECHNOLOGY INC MU	MU	2,458	$830.4k2.5k shares
ADVANCED MICRO DEVICES INC AMD	AMD	3,730	$758.8k3.7k shares
AON PLC AON	AON	2,310	$745.6k2.3k shares
RTX CORPORATION RTX	RTX	3,418	$659.3k3.4k shares
COSTCO WHSL CORP NEW COST	COST	653	$650.7k653 shares
MARRIOTT INTL INC NEW MAR	MAR	1,951	$638.1k2.0k shares
ASML HOLDING N V ASML	ASML	478	$631.4k478 shares
ORACLE CORP ORCL	ORCL	4,239	$623.6k4.2k shares
CATERPILLAR INC CAT	CAT	858	$607.9k858 shares
CITIGROUP INC C	C	5,351	$606.9k5.4k shares
WELLS FARGO CO NEW WFC	WFC	6,747	$537.1k6.7k shares

Options (notional value)

Underlying	Ticker	Type	Shares controlled	Notional	Change
SAMSARA INC Put		Put	1,567,400	$470.2k1.6m shares	New
COINBASE GLOBAL INC Put		Put	145,400	$175.9k145.4k shares	New