Latest a16z Perennial Management, L.P. Stock Portfolio

a16z Perennial Management, L.P. Performance:

2025 Q4: 9.77%YTD: 26.23%2024: 5.7%

Performance for 2025 Q4 is 9.77%, and YTD is 26.23%, and 2024 is 5.7%.

About a16z Perennial Management, L.P. and 13F Hedge Fund Stock Holdings

On 2026-02-10, the fund reported it's updated stock portfolio. In the 13F Holdings report, a16z Perennial Management, L.P. reported an equity portfolio of $1.3 Billions as of 31 Dec, 2025.

The top stock holdings of a16z Perennial Management, L.P. are COIN, NU, XHYC. The fund has invested 24.8% of it's portfolio in COINBASE GLOBAL INC and 17.3% of portfolio in NU HLDGS LTD.

The fund managers got completely rid off AIRBNB INC, VANGUARD INDEX FDS (VB) and OPENDOOR TECHNOLOGIES INC (OPEN) stocks. They significantly reduced their stock positions in ISHARES TR (IJR), OKTA INC (OKTA) and ADVANCED MICRO DEVICES INC (AMD). a16z Perennial Management, L.P. opened new stock positions in COINBASE GLOBAL INC (COIN), SAMSARA INC (IOT) and VANGUARD INDEX FDS (VB). The fund showed a lot of confidence in some stocks as they added substantially to NETFLIX INC (NFLX), AFFIRM HLDGS INC (AFRM) and VANGUARD TAX-MANAGED FDS (VEA).

a16z Perennial Management, L.P. Annual Return Estimates Vs S&P 500

Our best estimate is that a16z Perennial Management, L.P. made a return of 9.77% in the last quarter. In trailing 12 months, it's portfolio return was 26.23%.

Performance
S&P 500

New Buys

Ticker	$ Bought
coinbase global inc	330,426,000
samsara inc	58,923,400
vanguard index fds	54,770,800
ishares tr	47,423,300
airbnb inc	43,412,500
revolution medicines inc	14,569,400
janus detroit str tr	11,989,900
disney walt co	7,714,060

New stocks bought by a16z Perennial Management, L.P.

Additions

Ticker	% Inc.
netflix inc	980
affirm hldgs inc	678
vanguard tax-managed fds	673
maplebear inc	366
bitwise bitcoin etf tr	216
broadcom inc	125
meta platforms inc	74.74
mizuho financial group inc	60.49

Additions to existing portfolio by a16z Perennial Management, L.P.

Reductions

Ticker	% Reduced
ishares tr	-89.08
okta inc	-37.1
advanced micro devices inc	-28.22
confluent inc	-24.89
amazon com inc	-15.02
cummins inc	-11.55
adobe inc	-8.44
doordash inc	-8.33

a16z Perennial Management, L.P. reduced stake in above stock

Sold off

Ticker	$ Sold
digitalocean hldgs inc	-18,048,500
airbnb inc	-42,209,800
pinterest inc	-7,981,340
opendoor technologies inc	-403,242
vanguard index fds	-7,112,100
sony group corp	-221,971
kinder morgan inc del	-205,049
unilever plc	-252,770

a16z Perennial Management, L.P. got rid off the above stocks

Sector Distribution

a16z Perennial Management, L.P. has about 40.1% of it's holdings in Others sector.

Sector	%
Others	40.1
Financial Services	26.9
Technology	20.2
Communication Services	6.1
Consumer Cyclical	4.3
Healthcare	1.7

Market Cap. Distribution

a16z Perennial Management, L.P. has about 57.4% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
LARGE-CAP	46.3
UNALLOCATED	40.1
MEGA-CAP	11.1
MID-CAP	2.4

Stocks belong to which Index?

About 18.6% of the stocks held by a16z Perennial Management, L.P. either belong to S&P 500 or RUSSELL 2000 index.

Index	%
Others	81.4
S&P 500	16.8
RUSSELL 2000	1.8

Top 5 Winners (%)		%
IJR	ishares tr	1005.1 %
WVE	wave life sciences ltd	132.2 %
ADGI	invivyd inc	124.5 %
MU	micron technology inc	64.5 %
CFLT	confluent inc	46.2 %

Top 5 Winners ($)		$
IJR	ishares tr	149.1 M
NU	nu hldgs ltd	10.2 M
GOOG	alphabet inc	1.9 M
AVGO	broadcom inc	1.7 M
	graniteshares gold tr	0.8 M

Top 5 Losers (%)		%
NFLX	netflix inc	-86.6 %
ADV	advantage solutions inc	-42.5 %
RBLX	roblox corp	-41.5 %
ORCL	oracle corp	-30.0 %
	bitwise ethereum etf	-28.7 %

Top 5 Losers ($)		$
HOOD	robinhood mkts inc	-18.2 M
NFLX	netflix inc	-9.6 M
RBLX	roblox corp	-6.5 M
META	meta platforms inc	-3.5 M
OKTA	okta inc	-2.5 M

a16z Perennial Management, L.P. Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of a16z Perennial Management, L.P.

a16z Perennial Management, L.P. has 143 stocks in it's portfolio. About 74.5% of the portfolio is in top 10 stocks. HOOD proved to be the most loss making stock for the portfolio. IJR was the most profitable stock for a16z Perennial Management, L.P. last quarter.

Last Reported on: 10 Feb, 2026

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AAPL	apple inc	0.51	24,920	6,774,750	added	30.57

ABBV	abbvie inc	0.04	2,551	582,878	added	1.63

ABNB	airbnb inc	3.26	319,868	43,412,500	new

ABT	abbott labs	0.02	2,320	290,673	reduced	-0.26

ACN	accenture plc ireland	0.02	862	231,275	reduced	-6.81

ACWF	ishares tr	3.56	853,180	47,423,300	new

ADBE	adobe inc	0.02	673	235,543	reduced	-8.44

ADGI	invivyd inc	0.01	79,869	197,276	unchanged	0.00

ADI	analog devices inc	0.03	1,469	398,393	reduced	-3.04

ADV	advantage solutions inc	0.00	18,867	16,603	unchanged	0.00

AFRM	affirm hldgs inc	0.58	103,220	7,682,660	added	678

AIG	american intl group inc	0.02	3,124	267,258	reduced	-2.47

AMAT	applied matls inc	0.03	1,705	438,168	added	14.66

AMD	advanced micro devices inc	0.06	3,530	755,985	reduced	-28.22

AMT	american tower corp new	0.02	1,237	217,180	added	10.64

AMZN	amazon com inc	0.42	24,069	5,555,610	reduced	-15.02

ANET	arista networks inc	0.03	3,276	429,254	added	2.76

AON	aon plc	0.06	2,310	815,153	added	0.26

AVGO	broadcom inc	3.76	144,449	49,993,800	added	125

AXP	american express co	0.02	678	250,826	added	10.06