a16z Perennial Management Portfolio holdings
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares California Muni Bond ETF
CMF
|
+$13M |
| 2 |
Samsara
IOT
|
+$9.2M |
| 3 |
Maplebear
CART
|
+$6.87M |
| 4 |
Reddit
RDDT
|
+$2.79M |
| 5 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$2.2M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Coinbase
COIN
|
+$414M |
| 2 |
iShares National Muni Bond ETF
MUB
|
+$23.6M |
| 3 |
Nu Holdings
NU
|
+$13.7M |
| 4 |
Airbnb
ABNB
|
+$9.92M |
| 5 |
BondBloxx Bloomberg Six Month Target Duration US Treasury ETF
XHLF
|
+$6.67M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 23.65% |
| 2 | Consumer Discretionary | 9.19% |
| 3 | Technology | 7.91% |
| 4 | Communication Services | 2.52% |
| 5 | Healthcare | 0.11% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
51
Alphabet (Google) Class C
GOOG
$4.23T
| – | – |
-2,080
| Closed | -$382K |
|
|
52
iShares National Muni Bond ETF
MUB
$45.8B
| – | – |
-221,667
| Closed | -$23.6M |
|
53
Vanguard ESG US Corporate Bond ETF
VCEB
$1.15B
| – | – |
-3,651
| Closed | -$227K |
|
Similar funds
a16z Perennial Management's Q3 2024 Portfolio in Review
As of Q3 2024, a16z Perennial Management held 55 positions worth $861M, down 22% from $1.1B the previous quarter. Its ten largest holdings account for 91% of the portfolio.
a16z Perennial Management withdrew a net $239M in Q3 2024, closing 6 positions and reducing 11 holdings. Its most notable exit was Coinbase, an estimated $414M position sold in full.
By sector, the portfolio is most concentrated in Financials at 24% of assets, down from 56% a quarter earlier, followed by Consumer Discretionary and Technology.
Against the trend, a16z Perennial Management opened a new position in iShares California Muni Bond ETF worth $24.4M.
- a16z Perennial Management's largest Q3 2024 buy was iShares California Muni Bond ETF: 226,366 shares worth $24.4M.
- a16z Perennial Management added most to Samsara in Q3 2024, an estimated $9.2M increase.
- a16z Perennial Management's biggest Q3 2024 reduction was Nu Holdings, cutting an estimated $13.7M.
- a16z Perennial Management fully exited Coinbase in Q3 2024, selling an estimated $414M.
- a16z Perennial Management's ten largest holdings make up 91% of its $861M portfolio in Q3 2024.
- a16z Perennial Management opened 9 new positions and closed 6 in Q3 2024.
- a16z Perennial Management's portfolio value fell 22% quarter-over-quarter to $861M.
Based on a16z Perennial Management's 13F filing for Q3 2024, filed 25 Oct 2024.