a16z Capital Management, L.L.C.: NAVAN INC (NAVN): Quarterly 13F Position History
As of Q2 2026, a16z Capital Management, L.L.C. reported 28,218,676 shares of NAVAN INC (NAVN), worth $645.4M and representing 4.5% of its 13F equity book. The position first appeared in Q4 2025 and has been disclosed across 3 13F-HR filings in Pactolio's tracked window.
- 28,218,676Shares Held (Latest Filing)
- $645.4MReported Market Value (Latest Filing)
- 4.5%Portfolio Weight (% of 13F Equity Book)
- 0Quarter-over-Quarter Share Change
- +$271.7MQuarter-over-Quarter Value Change
- 28,218,676Peak Reported Shares (Historical)
Quarterly 13F-HR Disclosure History Source: SEC 13F-HR filings, 3 quarter s
| Quarter | Shares | QoQ Share Change | Share Change (%) | Market Value | Weight | Implied Price |
|---|---|---|---|---|---|---|
| Q2 2026 | 28,218,676 | 0 | – | $645.4M | 4.5% | $22.9 |
| Q1 2026 | 28,218,676 | +1,023,312 | +3.8% | $373.6M | 28.9% | $13.2 |
| Q4 2025 | 27,195,364 | – | – | $464.5M | 29.4% | $17.1 |
Methodology & FAQ
How This Position History Is Sourced
Each row is one SEC Form 13F-HR filing disclosing this position. Share count, market value, and reported quarter are taken verbatim from the filing; portfolio weight is recomputed against the same filing's total reported equity book. Implied price-per-share is market value divided by shares, a quarter-end mark rather than the manager's cost basis. See the full methodology document for the normalization rules.
When did a16z Capital Management, L.L.C. first disclose a NAVN position in 13F-HR filings?
a16z Capital Management, L.L.C. first reported NAVAN INC (NAVN) on its 13F-HR filing for the period ending 2025-12-31 (Q4 2025). The position has appeared on 3 reported quarters within Pactolio's tracked window.
What was a16z Capital Management, L.L.C.'s most recent quarter-over-quarter share-count change in NAVN?
a16z Capital Management, L.L.C. held the same 28,218,676 shares of NAVN between Q1 2026 and Q2 2026, so the reported share count was unchanged quarter-over-quarter.
Does the implied price-per-share represent a16z Capital Management, L.L.C.'s cost basis in NAVN?
No. The implied price-per-share column is the 13F-HR reported market value divided by reported share count on the filing date (end of quarter). It is a quarter-end mark, not a cost basis or transaction price. Use it as a sanity check on the value column, not as an indicator of the manager's entry or exit price.