a16z Capital Management, L.L.C. 13F: Quarter-over-Quarter Portfolio Changes
a16z Capital Management, L.L.C. reported a disclosed portfolio value of approximately $14.2 billion in its latest SEC Form 13F-HR filing for Q2 2026, up 1001.4% quarter on quarter. Over the quarter, the manager initiated 4 new positions, trimmed 3 holdings, and exited 1 position.
a16z Capital Management, L.L.C.'s top buy was a new stake in Space Exploration Techn CORP (SPCX) , equal to 90.0% of the disclosed portfolio. Its top sell was Figma INC (FIG) . The manager sold 62.6% of its previously reported shares, reducing the position's portfolio weight by 25.5 percentage points.
New PositionsQ2 2026
Securities disclosed for the first time in Q2 2026 that were not present in the prior 13F-HR filing.
| Company | Ticker | Initial Portfolio Weight | History |
|---|---|---|---|
| SPACE EXPLORATION TECHN CORP | SPCX | 90.0% | History → |
| ROBLOX CORP | RBLX | 0.1% | Holders → |
| KAILERA THERAPEUTICS INC | KLRA | 0.0% | Holders → |
| IP STRATEGY HOLDINGS INC | IPST | 0.0% | Holders → |
Top SellsQ2 2026
The manager's top sells among positions it retained in Q2 2026. Ranked by portfolio-weight impact. Full exits are listed separately.
| Company | Ticker | Portfolio Weight Change | Shares Sold | History |
|---|---|---|---|---|
| FIGMA INC | FIG | -25.5% | 62.6% | History → |
| OMADA HEALTH INC | OMDA | -2.1% | 50.0% | Holders → |
| NAUTILUS BIOTECHNOLOGY INC | NAUT | -5.2% | 48.7% | Holders → |
Full ExitsQ2 2026
Positions present in the prior 13F-HR filing that no longer appear in Q2 2026.
| Company | Ticker | Last-Reported Portfolio Weight |
|---|---|---|
| IP STRATEGY HOLDINGS INC | UNKNOWN | 0.0% |
Net Portfolio Value ChangeQ2 2026
- $1.3BPrior quarter
- $14.2BCurrent quarter
- +$12.9BNet delta
- +1001.4%% change
Methodology & FAQ
How a16z Capital Management, L.L.C. Quarterly Changes Are Computed
All deltas are sourced from sequential SEC Form 13F-HR filings for a16z Capital Management, L.L.C.: each row joins the most recent filing against the immediately preceding quarterly filing for the same fund. Share-count changes reflect reported trading activity, while portfolio weights can also move because of market price changes. Portfolio weights are normalized to exclude listed options for comparability. A complete description, including how confidential treatment filings are handled, is documented in the Methodology.
What stocks did a16z Capital Management, L.L.C. buy in Q2 2026?
In Q2 2026, a16z Capital Management, L.L.C. initiated 4 new positions (SPACE EXPLORATION TECHN CORP (SPCX), ROBLOX CORP (RBLX), KAILERA THERAPEUTICS INC (KLRA), IP STRATEGY HOLDINGS INC (IPST)).
What stocks did a16z Capital Management, L.L.C. sell in Q2 2026?
In Q2 2026, a16z Capital Management, L.L.C. fully sold 1 position (IP STRATEGY HOLDINGS INC (UNKNOWN)); reduced holdings in FIGMA INC (FIG), OMADA HEALTH INC (OMDA), NAUTILUS BIOTECHNOLOGY INC (NAUT).
Which positions did a16z Capital Management, L.L.C. initiate in Q2 2026?
a16z Capital Management, L.L.C. established 4 new positions in Q2 2026: SPACE EXPLORATION TECHN CORP (SPCX, 90.0%), ROBLOX CORP (RBLX, 0.1%), KAILERA THERAPEUTICS INC (KLRA, 0.0%), IP STRATEGY HOLDINGS INC (IPST, 0.0%).
Which existing positions saw the largest allocation increases for a16z Capital Management, L.L.C. in Q2 2026?
a16z Capital Management, L.L.C. reported no material allocation increases in existing positions in Q2 2026.
Which positions did a16z Capital Management, L.L.C. fully exit in Q2 2026?
a16z Capital Management, L.L.C. fully exited 1 position in Q2 2026: IP STRATEGY HOLDINGS INC (UNKNOWN, last-reported weight 0.0%).
Which existing positions saw the largest allocation reductions for a16z Capital Management, L.L.C. in Q2 2026?
Of 3 existing positions with share-count reductions in Q2 2026, the largest were: FIGMA INC (FIG, -25.5% weight, -62.6% shares), OMADA HEALTH INC (OMDA, -2.1% weight, -50.0% shares), NAUTILUS BIOTECHNOLOGY INC (NAUT, -5.2% weight, -48.7% shares).
Do quarter-over-quarter 13F allocation changes constitute explicit trading signals?
No. Quarter-over-quarter changes reflect a combination of active trading and market price movement. A weight increase can result from price appreciation alone, without the manager adding shares. Share-count delta is the cleaner indicator of explicit trading activity. All deltas on this page are sourced from sequential SEC Form 13F-HR filings.