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Valiant Capital Management, L.P.: 13F holdings, Q2 2026

Hedge fund · SEC EDGAR filings (CIK 1452689) · Explore on the interactive board

Valiant Capital Management, L.P. disclosed 25 US equity positions worth $1.6bn in its Q2 2026 13F filing (holdings as of June 30, 2026, filed August 14, 2026). Its largest position is IWM at 16.1% of the reported book, followed by SPY, CORZ. The top ten holdings are 76.4% of the book, and the portfolio behaves like about 11 equal-weight positions. Versus the prior filing it opened 2 new positions, added to 6, reduced 2 and exited 5. Note: this manager's most recent filing is 3934 quarters behind the newest quarter on file, so these figures are history rather than current positioning.

This manager's most recent filing is 3934 quarter(s) behind the newest quarter on file. Treat these figures as history, not current positioning.
$1.6bnreported US equity book
25positions
16.1%largest position
76.4%top 10 weight
11.47effective positions (1/HHI)
2quarters on file since Q1 2026

What does Valiant Capital Management, L.P. own? Top holdings as of June 30, 2026

Change is measured in shares against the previous filing (Q1 2026), so price moves do not read as decisions. This quarter: 2 new, 6 added, 2 reduced, 5 exited.

#StockSectorWeightValueSharesΔ sharesAction
1 IWM ISHARES TR 16.1%$259.3m863,141 -5% reduced
2 SPY SPDR S&P 500 ETF TR 15.6%$251.2m336,426 -3% reduced
3 CORZ CORE SCIENTIFIC INC NEW Technology 11.9%$191.3m7,474,231 9% added
4 SEI SOLARIS ENERGY INFRAS INC Energy 8.0%$129.1m1,604,346 43% added
5 GEV GE VERNOVA INC Industrials 7.1%$114.7m97,612 3% added
6 WULF TERAWULF INC Financial Services 4.5%$71.5m2,896,756 new
7 PUMP PROPETRO HLDG CORP Energy 3.8%$60.8m4,242,475 5% added
8 GRDN GUARDIAN PHARMACY SVCS INC 3.1%$49.7m1,186,658 0% held
9 RH RH Consumer Cyclical 3.1%$49.6m301,276 0% held
10 PWR QUANTA SVCS INC Industrials 3.1%$49.2m68,275 4% added
11 AVGO BROADCOM INC Technology 3.0%$47.8m126,602 0% held
12 AMZN AMAZON COM INC Consumer Cyclical 2.3%$37.0m155,404 0% held
13 TKO TKO GROUP HOLDINGS INC Communication Services 2.3%$36.3m180,117 0% held
14 CRWD CROWDSTRIKE HLDGS INC Technology 2.1%$34.0m44,576 0% held
15 GDX VANECK ETF TRUST 2.0%$32.1m425,204 0% held
16 TTWO TAKE-TWO INTERACTIVE SOFTWAR Communication Services 1.9%$30.5m122,095 0% held
17 LLY ELI LILLY & CO Healthcare 1.8%$29.1m24,286 0% held
18 HDB HDFC BANK LTD Financial Services 1.7%$26.5m1,026,232 0% held
19 NVDA NVIDIA CORPORATION Technology 1.6%$25.9m129,579 0% held
20 CRDO CREDO TECHNOLOGY GROUP HOLDI Technology 1.6%$25.4m93,353 0% held
21 MSFT MICROSOFT CORP Technology 1.5%$24.8m66,415 0% held
22 Z ZILLOW GROUP INC Communication Services 0.9%$14.9m473,329 0% held
23 BW BABCOCK & WILCOX ENTERPRISES 0.5%$7.8m550,000 new
24 UBER UBER TECHNOLOGIES INC Technology 0.3%$4.3m59,464 0% held
25 PSIX POWER SOLUTIONS INTL INC 0.2%$3.2m81,674 18% added

What did Valiant Capital Management, L.P. sell? Positions exited since the previous filing

StockPrior weightPrior value
AGX ARGAN INC45.6%$32.3m
CRM SALESFORCE INC22.5%$15.9m
WLDN WILLDAN GROUP INC15.5%$11.0m
NOW SERVICENOW INC12.2%$8.7m
FPS FORGENT POWER SOLUTIONS INC4.1%$2.9m

Sector mix

SectorWeight
Technology22.0%
Energy11.8%
Industrials10.2%
Financial Services6.1%
Consumer Cyclical5.4%
Communication Services5.1%

Sectors cover positions whose ticker resolved to a sector; the remainder is unclassified, not cash.

Filing history

QuarterPositionsEquity value
Q2 202625$1.6bn
Q1 202628$1.3bn

How concentrated is Valiant Capital Management, L.P.'s portfolio?

Across every quarter Valiant Capital Management, L.P. has filed, its median largest position is 16.9% of the book and its median top-ten weight is 74.5%, which WhaleCreep classifies as concentrated (the gate is a median largest position of 5%). Of 5.0 completed holding spells, the median lasted 1.0 quarters; 25.0 positions are still open and their final length is unknown.