AI Portfolio Summary
In 2025 Q4, Valiant Capital Management, L.P. maintained a portfolio of 35 distinct positions. The most significant new addition to the portfolio was INVESCO QQQ TR, which now represents 19.46% of the total fund value. Conversely, Valiant Capital Management, L.P. completely exited their position in COREWEAVE INC.
Total Positions
35
Quarter
2025 Q4
Top Holding
QQQ (19.5%)
Top 10 Concentration
65.1%
Turnover Rate
23.4%
Sector HHI
0.18
Items per page:
1-25 of 35
| Stock | History | Sector / Type | Port % | Prev % | Rank / Prev | Conviction | Change | % Change | Influence | Shares | Mkt Value | Avg Cost | Price Held | 1st Owned | Source | Source Date | Date Reported |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
QQQ
PUT
INVESCO QQQ TR
|
PUT Option | 19.46% | — |
#1
Prev: #—
|
9.8 | 560,000 | no change |
NEW
|
560,000 | $344,013,600 | 2017 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
SPY
SPDR S&P 500 ET...
|
ETF | 9.15% | 7.08% |
#2
2
Prev: #4
|
5.8 | 82,824 | 53.6% |
P
S
|
237,326 | $161,837,346 | 2012 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
IWM
ISHARES TR
|
ETF | 9.15% | 7.04% |
#3
2
Prev: #5
|
5.8 | 234,444 | 55.4% |
P
S
|
657,301 | $161,801,214 | 2015 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
TSM
CALL
TAIWAN SEMICOND...
|
CALL Option | 7.70% | 9.46% |
#4
3
Prev: #1
|
3.1 | -44,200 | -9.0% |
P
S
|
448,200 | $136,203,498 | 2024 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
CORZ
CORE SCIENTIFIC...
|
Technology | 5.22% | 8.00% |
#5
3
Prev: #2
|
2.1 | -146,679 | -2.3% |
P
S
|
6,336,424 | $92,258,333 | 2024 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
GEV
GE VERNOVA INC
|
Industrials | 3.76% | 4.62% |
#6
2
Prev: #8
|
1.5 | -7,580 | -6.9% |
P
S
|
101,637 | $66,426,894 | 2024 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
CORZ
CALL
CORE SCIENTIFIC...
|
CALL Option | 3.15% | 4.73% |
#7
Prev: #7
|
1.3 | no change | no change |
P
S
|
3,830,000 | $55,764,800 | 2024 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
AVGO
BROADCOM INC
|
Technology | 2.72% | 3.46% |
#8
2
Prev: #10
|
1.1 | -13,702 | -9.0% |
P
S
|
138,802 | $48,039,372 | 2024 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
AGX
ARGAN INC
|
Industrials | 2.38% | 4.73% |
#9
3
Prev: #6
|
1.1 | -120,327 | -47.3% |
P
S
|
134,273 | $42,070,416 | 2024 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
GLD
CALL
SPDR GOLD TR
|
CALL Option | 2.38% | 7.96% |
#10
7
Prev: #3
|
1.2 | -219,200 | -67.4% |
P
S
|
106,100 | $42,048,491 | 2022 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
TKO
TKO GROUP HOLDI...
|
Communication Services | 2.33% | 3.01% |
#11
Prev: #11
|
1.0 | -19,438 | -9.0% |
P
S
|
196,917 | $41,155,653 | 2023 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
HDB
HDFC BANK LTD
|
Financial Services | 2.32% | 2.49% |
#12
4
Prev: #16
|
2.9 | 60,636 | 5.7% |
P
S
|
1,122,032 | $40,999,049 | 2024 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
GDX
VANECK ETF TRUS...
|
ETF | 2.25% | 2.68% |
#13
Prev: #13
|
0.9 | -45,812 | -9.0% |
P
S
|
464,104 | $39,806,200 | 2023 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
GRDN
GUARDIAN PHARMA...
|
Healthcare | 2.10% | 1.92% |
#14
6
Prev: #20
|
2.9 | 167,741 | 15.8% |
P
S
|
1,232,463 | $37,084,812 | 2025 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
AMZN
AMAZON COM INC
|
Consumer Cyclical | 2.03% | 2.44% |
#15
2
Prev: #17
|
0.8 | -6,311 | -3.9% |
P
S
|
155,404 | $35,870,351 | 2014 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
MSFT
MICROSOFT CORP
|
Technology | 1.99% | 2.69% |
#16
4
Prev: #12
|
0.8 | -2,951 | -3.9% |
P
S
|
72,655 | $35,137,411 | 2023 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
PUMP
PROPETRO HLDG C...
|
Energy | 1.97% | — |
#17
Prev: #—
|
2.8 | 3,668,820 | no change |
NEW
|
3,668,820 | $34,890,478 | 2025 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
TTWO
TAKE-TWO INTERA...
|
Communication Services | 1.93% | 2.61% |
#18
3
Prev: #15
|
0.8 | -13,177 | -9.0% |
P
S
|
133,495 | $34,178,725 | 2019 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
SEI
SOLARIS ENERGY ...
|
Energy | 1.91% | — |
#19
Prev: #—
|
2.8 | 734,499 | no change |
NEW
|
734,499 | $33,764,919 | 2025 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
RH
RH
|
Consumer Cyclical | 1.85% | 1.52% |
#20
6
Prev: #26
|
2.9 | 74,265 | 68.4% |
P
S
|
182,765 | $32,742,350 | 2025 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
PWR
QUANTA SVCS INC
|
Industrials | 1.68% | 2.10% |
#21
2
Prev: #19
|
0.7 | -3,332 | -4.5% |
P
S
|
70,381 | $29,705,005 | 2024 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
VST
VISTRA CORP
|
Utilities | 1.63% | 2.63% |
#22
8
Prev: #14
|
0.7 | -16,016 | -8.2% |
P
S
|
178,927 | $28,866,292 | 2024 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
LLY
ELI LILLY & CO
|
Healthcare | 1.61% | 2.11% |
#23
5
Prev: #18
|
0.7 | -13,691 | -34.0% |
P
S
|
26,526 | $28,506,962 | 2023 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
NVDA
NVIDIA CORPORAT...
|
Technology | 1.50% | 1.90% |
#24
3
Prev: #21
|
0.6 | -5,814 | -3.9% |
P
S
|
141,979 | $26,479,084 | 2023 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
CRM
SALESFORCE INC
|
Technology | 1.40% | 1.67% |
#25
1
Prev: #24
|
0.6 | -9,214 | -9.0% |
P
S
|
93,336 | $24,725,640 | 2019 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
CRWV
CALL
COREWEAVE INC
|
CALL Option | 0.00% | 3.53% |
Sold All 😨
(Was: #9) |
0.3 | -375,000 | -100.0% |
CLOSED
|
— | $— | 2025 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
FLY
FIREFLY AEROSPA...
|
Industrials | 0.00% | 0.24% |
Sold All 😨
(Was: #32) |
0.3 | -120,000 | -100.0% |
CLOSED
|
— | $— | 2025 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) |
Showing 1-25 of 35 holdings