Valiant Capital Management, L.P. 13F holdings, Q1 2025
Holdings as of March 31, 2025 · filings on SEC EDGAR · latest filing →
Valiant Capital Management, L.P. disclosed 29 US equity positions worth $927.2m in its Q1 2025 13F filing. The largest position was SPY at 10.7% of the reported book, followed by IWM and AGX. Against the Q4 2024 filing, it opened 3 new positions, added to 11 and reduced 1 among the top 29 holdings.
What did Valiant Capital Management, L.P. own in Q1 2025? Top 29 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2024 |
|---|---|---|---|---|---|---|---|
| 1 | SPY SPDR S&P 500 ETF TRUST | 10.7% | $98.8m | 176,612 | – | new | |
| 2 | IWM IWM | 10.6% | $98.4m | 493,377 | – | new | |
| 3 | AGX ARGAN INC | Industrials | 6.0% | $55.2m | 421,115 | 18% | added |
| 4 | CART MAPLEBEAR | Consumer Cyclical | 5.8% | $53.8m | 1,348,275 | 0% | held |
| 5 | TKO TKO GROUP HOLDINGS INC | Communication Services | 5.2% | $48.6m | 318,259 | 0% | held |
| 6 | GEV GE VERNOVA INC | Industrials | 5.1% | $47.3m | 154,953 | 15% | added |
| 7 | HDB HDFC BANK LTD | Financial Services | 4.9% | $45.1m | 678,600 | 30% | added |
| 8 | VST VISTRA CORP | Utilities | 4.3% | $39.5m | 336,386 | 17% | added |
| 9 | MSFT MICROSOFT CORP | Technology | 4.1% | $37.6m | 100,195 | 0% | held |
| 10 | AVGO BROADCOM INC | Technology | 3.9% | $36.0m | 215,040 | 9% | added |
| 11 | CRM SALESFORCE INC | Technology | 3.6% | $33.1m | 123,410 | 26% | added |
| 12 | KGS KODIAK GAS SVCS INC | Energy | 3.5% | $32.3m | 865,257 | 68% | added |
| 13 | CORZ CORE SCIENTIFIC INC NEW | Technology | 3.5% | $32.0m | 4,422,524 | 2% | added |
| 14 | GDX VANECK ETF TRUST | 3.3% | $30.3m | 658,389 | 0% | held | |
| 15 | PWR QUANTA SVCS INC | Industrials | 3.2% | $29.8m | 117,220 | 23% | added |
| 16 | AMZN AMAZON COM INC | Consumer Cyclical | 3.1% | $28.6m | 150,115 | 0% | held |
| 17 | Z ZILLOW GROUP INC | Communication Services | 3.1% | $28.3m | 413,150 | 0% | held |
| 18 | CRWD CROWDSTRIKE HLDGS INC | Technology | 2.4% | $22.2m | 62,996 | 0% | held |
| 19 | NFLX NETFLIX INC | Communication Services | 2.4% | $22.0m | 23,578 | 0% | held |
| 20 | NVDA NVIDIA CORPORATION | Technology | 2.4% | $21.8m | 201,415 | 0% | held |
| 21 | TTWO TAKE-TWO INTERACTIVE SOFTWAR | Communication Services | 2.3% | $21.1m | 101,972 | 0% | held |
| 22 | NOW SERVICENOW INC | Technology | 2.0% | $18.8m | 23,626 | 0% | held |
| 23 | LLY ELI LILLY & CO | Healthcare | 1.8% | $17.0m | 20,626 | 0% | held |
| 24 | TAC TRANSALTA CORP | Utilities | 1.0% | $9.0m | 960,092 | – | new |
| 25 | WLDN WILLDAN GROUP INC | Industrials | 0.9% | $8.1m | 198,321 | -1% | reduced |
| 26 | CRDO CREDO TECHNOLOGY GROUP HOLDI | Technology | 0.6% | $5.8m | 144,496 | 0% | held |
| 27 | UBER UBER TECHNOLOGIES INC | Technology | 0.5% | $4.3m | 59,464 | 0% | held |
| 28 | TLN TALEN ENERGY CORP | Utilities | 0.1% | $1.1m | 5,633 | 5% | added |
| 29 | PSIX POWER SOLUTIONS INTL INC | 0.1% | $1.1m | 43,605 | 23% | added |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.