AP

a16z Perennial Management, L.P.

Sector-focusedMomentum follower

Total reported value

$1.2B

Reporting period: 2026-03-31 · Number of holdings: 152

a16z Perennial Management, L.P. disclosed 152 holdings in its latest 13F filing for the period ending 2026-03-31, with total reported value of $1.2B and a quarterly turnover rate of 46.9%.

Personality snowflake

Concentration
43.86
Portfolio Stability
46.89
Momentum/Contrarian
100
Sector conviction
100
Diversification
100
Sizing Uniformity
60.29

Recent moves

  • Add IOT

    +163.0%　$109.1M

  • Trim COIN

    -7.3%　-$101.8M

  • Trim VTI

    -57.2%　-$40.3M

  • Add AXP

    +17113.6%　$35.1M

  • Trim HOOD

    -19.8%　-$35.5M

  • Trim DOCN

    -93.4%　-$11.9M

Holdings Map

New buyAddUnchangedTrim

Top 10 holdings by weight

Full holdings list this quarter

#TickerIssuerAsset SubclassWeightWeight ChangeShares Change4Q Trend
1COINCoinbase Global INC -class AStock-Financials21.33%-5.62%-7.26%
2NUNu Holdings Ltd.Stock-Financials16.53%-0.76%+0.80%
3IOTSamsara Inc-cl AStock-Tech15.76%+9.69%+162.98%
4XHLFBondbloxx Bbg 6 Mth US TreasETF-Other5.82%——
5AVGOBroadcom INCStock-Tech3.69%-0.07%-0.64%
6VOOVanguard S&p 500 ETFETF-Large Cap & Growth3.43%+3.43%NEW
7ABNBAirbnb Inc-class AStock-Consumer Disc3.14%-0.73%-21.18%
8AXPAmerican Express CoStock-Financials2.93%+2.91%+17113.57%
9HOODRobinhood Markets INC - AStock-Financials2.84%-2.40%-19.82%
10AGGIshares Core U.s. AggregateETF-Other2.65%+2.65%NEW
11METAMeta Platforms Inc-class AStock-Comm Services2.62%-0.35%-7.96%
12IVVIshares Core S&p 500 ETFETF-Large Cap & Growth2.45%+0.12%—
13OKTAOkta INCStock-Tech2.19%-0.37%-14.76%
14VEAVanguard Ftse Developed ETFETF-Other2.01%+0.24%-0.16%
15VTIVanguard Total Stock Mkt ETFETF-Other1.20%-2.91%-57.24%
16JAAAJanus Henderson Aaa Clo ETFETF-Other0.99%—+0.04%
17RVMDRevolution Medicines INCStock-Healthcare0.84%-0.25%-43.03%
18AAPLApple INCStock-Tech0.54%—+3.61%
19DISWalt Disney Co/theStock-Comm Services0.54%-0.04%—
20NVDANvidia CORPStock-Tech0.54%-0.01%-5.62%
21RBLXRoblox CORP -class AStock-Comm Services0.53%-0.16%-0.13%
22AMZNAmazon.com INCStock-Consumer Disc0.42%——
23AFRMAffirm Holdings INCStock-Financials0.39%-0.19%—
24MSFTMicrosoft CORPStock-Tech0.34%-0.07%—
25GOOGLAlphabet Inc-cl AStock-Comm Services0.33%+0.33%NEW
26GOOGAlphabet Inc-cl CStock-Comm Services0.29%-0.37%-56.41%
27GOVTIshares US Treasury Bond ETFETF-Gov Bonds0.21%+0.21%NEW
28OMDAOmada Health INCStock-Other0.20%—+22.49%
29CRWDCrowdstrike Holdings INC - AStock-Tech0.19%-0.01%+3.41%
30BRK-BBerkshire Hathaway Inc-cl BStock-Other0.18%-0.05%-0.02%
31BITBBitwise Bitcoin ETFETF-Crypto0.15%-0.03%—
32PINSPinterest Inc- Class AStock-Comm Services0.15%-0.33%-59.82%
33DOCNDigitalocean Holdings INCStock-Tech0.13%-0.88%-93.36%
34CARTMaplebear INCStock-Consumer Disc0.13%-0.16%-51.16%
35TSLATesla INCStock-Consumer Disc0.12%-0.03%-8.97%
36NFLXNetflix INCStock-Comm Services0.12%—-7.96%
37WMTWalmart INCStock-Consumer Staples0.11%—-5.71%
38✓ Airbnb INCStock-Other0.10%+0.10%NEW
39PLTRPalantir Technologies Inc-aStock-Tech0.10%-0.02%-13.13%
40LLYEli Lilly & CoStock-Healthcare0.09%-0.02%-10.09%
41JPMJpmorgan Chase & CoStock-Financials0.09%——
42GEGeneral ElectricStock-Industrials0.09%—-7.51%
43GSGoldman Sachs Group INCStock-Financials0.09%—-6.67%
44DFACDimensional US Core Equity 2ETF-Other0.09%——
45XOMExxon Mobil CORPStock-Energy0.09%+0.04%—
46JNJJohnson & JohnsonStock-Healthcare0.07%——
47GEVGE Vernova INCStock-Industrials0.07%—-14.49%
48MSMorgan StanleyStock-Financials0.07%——
49UIUbiquiti INCStock-Tech0.07%——
50MUMicron Technology INCStock-Tech0.07%—-8.35%
1–50 of 152

Holding changes this quarter

a16z Perennial Management, L.P.'s most significant position changes for 2026-03-31: Sold out: Ishares Core Msci Europe ETF (IEUR); New buy: Vanguard S&p 500 ETF (VOO); New buy: Ishares Core U.s. Aggregate (AGG); Sold out: Ishares Msci Japan ETF (EWJ); Sold out: Graniteshares Gold Trust (BAR).

Position changes disclosed by a16z Perennial Management, L.P. for the quarter ending 2026-03-31, including ticker, issuer, weight change, shares change, and action
#TickerIssuerWeight ChangeShares ChangeAction
1IOTSamsara Inc-cl A+9.7%+162.98%Add
2AXPAmerican Express Co+2.9%+17113.57%Add
3VEAVanguard Ftse Developed ETF+0.2%-0.16%Trim
4IVVIshares Core S&p 500 ETF+0.1%—Unchanged
5XOMExxon Mobil CORP0%—Unchanged
6AMZNAmazon.com INC——Unchanged
7NVDANvidia CORP0%-5.62%Trim
8CRWDCrowdstrike Holdings INC - A0%+3.41%Add
9PLTRPalantir Technologies Inc-a0%-13.13%Trim
10LLYEli Lilly & Co0%-10.09%Trim
11BITBBitwise Bitcoin ETF0%—Unchanged
12TSLATesla INC0%-8.97%Trim
13DISWalt Disney Co/the0%—Unchanged
14BRK-BBerkshire Hathaway Inc-cl B-0.1%-0.02%Trim
15WVEWave Life Sciences Ltd.-0.1%—Unchanged
16AVGOBroadcom INC-0.1%-0.64%Trim
17MSFTMicrosoft CORP-0.1%—Unchanged
18RBLXRoblox CORP -class A-0.2%-0.13%Trim
19CARTMaplebear INC-0.2%-51.16%Trim
20AFRMAffirm Holdings INC-0.2%—Unchanged
21DASHDoordash INC - A-0.2%-78.33%Trim
22RVMDRevolution Medicines INC-0.3%-43.03%Trim
23PINSPinterest Inc- Class A-0.3%-59.82%Trim
24METAMeta Platforms Inc-class A-0.4%-7.96%Trim
25OKTAOkta INC-0.4%-14.76%Trim
26GOOGAlphabet Inc-cl C-0.4%-56.41%Trim
27ABNBAirbnb Inc-class A-0.7%-21.18%Trim
28NUNu Holdings Ltd.-0.8%+0.80%Add
29DOCNDigitalocean Holdings INC-0.9%-93.36%Trim
30HOODRobinhood Markets INC - A-2.4%-19.82%Trim
31VTIVanguard Total Stock Mkt ETF-2.9%-57.24%Trim
32COINCoinbase Global INC -class A-5.6%-7.26%Trim
33IEURIshares Core Msci Europe ETF—EXITSold out
34VOOVanguard S&p 500 ETF—NEWNew buy
35AGGIshares Core U.s. Aggregate—NEWNew buy
36EWJIshares Msci Japan ETF—EXITSold out
37BARGraniteshares Gold Trust—EXITSold out
38GOOGLAlphabet Inc-cl A—NEWNew buy
39GOVTIshares US Treasury Bond ETF—NEWNew buy
40✓ Airbnb INC—NEWNew buy
418QRConfluent Inc-class A—EXITSold out
42ABBVAbbvie INC—EXITSold out
43✓ Okta INC—NEWNew buy
44✓ Samsara INC—NEWNew buy
45CRCLCircle Internet Group INC—EXITSold out
46AZNAstraZeneca PLC—NEWNew buy
47SAPSap Se-sponsored Adr—EXITSold out
48SNDKSandisk CORP—NEWNew buy
49AZNNAstrazeneca Plc-spons Adr—EXITSold out
50TPLTexas Pacific Land CORP—NEWNew buy

FAQ

What is a16z Perennial Management, L.P. and what type of investor is it?
a16z Perennial Management, L.P. is a investment manager that files SEC Form 13F quarterly, disclosing its U.S. public equity holdings to regulators. As of the most recent reporting period (2026-03-31), the firm manages a tracked equity portfolio valued at approximately $1.2B, spread across 152 disclosed positions.
What are a16z Perennial Management, L.P.'s largest equity positions?
Based on the latest 13F filing, a16z Perennial Management, L.P.'s top holdings by market value are: 1. Coinbase Global INC -class A (COIN) — $256.9M (21.3%) 2. Nu Holdings Ltd. (NU) — $199.1M (16.5%) 3. Samsara Inc-cl A (IOT) — $189.8M (15.8%) 4. Bondbloxx Bbg 6 Mth US Treas (XHLF) — $70.1M (5.8%) 5. Broadcom INC (AVGO) — $44.4M (3.7%)
What changes did a16z Perennial Management, L.P. make in its most recent portfolio filing?
In the latest reported quarter, a16z Perennial Management, L.P. made 42 notable position adjustments: 10 new positions were initiated, 4 existing holdings were added to, 20 positions were partially reduced, and 8 were completely exited. The largest of these moves: Sold out: Ishares Core Msci Europe ETF (IEUR); New buy: Vanguard S&p 500 ETF (VOO); New buy: Ishares Core U.s. Aggregate (AGG); Sold out: Ishares Msci Japan ETF (EWJ); Sold out: Graniteshares Gold Trust (BAR)
What sectors does a16z Perennial Management, L.P. focus on?
a16z Perennial Management, L.P. is concentrated in the following sectors based on its current disclosed equity portfolio: • Financials: 56.0% • Information Technology: 30.1% • Communication Services: 5.8% • Consumer Discretionary: 5.1% • Health Care: 1.5% • Industrials: 0.6%