13F HOLDINGS REPORT
Valiant Capital Management, L.P.
Quarter ended Q2 2025 · Filed August 14, 2025 · Accession 0000935836-25-000503
Total Value
$1.83B
Positions
34
Other Managers
1
Confidential Omitted
No
Holdings (34)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | INVESCO QQQ TR | IVZ | 380,000 | $209.6M | 11.47% |
| 2 | SPDR GOLD TR | GLD | 420,000 | $128.0M | 7.01% |
| 3 | TAIWAN SEMICONDUCTOR MFG LTD | 874039100 | 532,400 | $120.6M | 6.60% |
| 4 | ISHARES TR | 464287655 | 480,107 | $103.6M | 5.67% |
| 5 | SPDR S&P 500 ETF TR | SPY | 166,722 | $103.0M | 5.64% |
| 6 | ARGAN INC | AGX | 389,615 | $85.9M | 4.70% |
| 7 | GE VERNOVA INC | GEV | 162,153 | $85.8M | 4.70% |
| 8 | CORE SCIENTIFIC INC NEW | 21874A106 | 4,801,524 | $82.0M | 4.49% |
| 9 | CORE SCIENTIFIC INC NEW | 21874A106 | 3,830,000 | $65.4M | 3.58% |
| 10 | BROADCOM INC | AVGO | 234,740 | $64.7M | 3.54% |
| 11 | MAPLEBEAR INC | CART | 1,348,275 | $61.0M | 3.34% |
| 12 | VISTRA CORP | VST | 281,486 | $54.6M | 2.99% |
| 13 | HDFC BANK LTD | HDB | 710,000 | $54.4M | 2.98% |
| 14 | TKO GROUP HOLDINGS INC | TKO | 297,559 | $54.1M | 2.96% |
| 15 | MICROSOFT CORP | MSFT | 108,595 | $54.0M | 2.96% |
| 16 | QUANTA SVCS INC | 74762E102 | 111,220 | $42.1M | 2.30% |
| 17 | ELI LILLY & CO | LLY | 51,926 | $40.5M | 2.22% |
| 18 | ARBOR REALTY TRUST INC | ABR-PF | 3,752,400 | $40.2M | 2.20% |
| 19 | AMAZON COM INC | AMZN | 179,015 | $39.3M | 2.15% |
| 20 | TAKE-TWO INTERACTIVE SOFTWAR | TTWO | 153,172 | $37.2M | 2.04% |
| 21 | SALESFORCE INC | CRM | 132,410 | $36.1M | 1.98% |
| 22 | CROWDSTRIKE HLDGS INC | CRWD | 69,196 | $35.2M | 1.93% |
| 23 | NETFLIX INC | NFLX | 25,878 | $34.7M | 1.90% |
| 24 | VANECK ETF TRUST | 92189F106 | 658,389 | $34.3M | 1.88% |
| 25 | NVIDIA CORPORATION | NVDA | 201,415 | $31.8M | 1.74% |
| 26 | ZILLOW GROUP INC | Z | 451,750 | $31.6M | 1.73% |
| 27 | SERVICENOW INC | NOW | 25,726 | $26.4M | 1.45% |
| 28 | RH | RH | 108,500 | $20.5M | 1.12% |
| 29 | CREDO TECHNOLOGY GROUP HOLDI | CRDO | 144,496 | $13.4M | 0.73% |
| 30 | WILLDAN GROUP INC | WLDN | 198,321 | $12.4M | 0.68% |
| 31 | BIT DIGITAL INC | BTBT | 4,000,000 | $8.8M | 0.48% |
| 32 | ARBOR REALTY TRUST INC | ABR-PF | 600,700 | $6.4M | 0.35% |
| 33 | UBER TECHNOLOGIES INC | UBER | 59,464 | $5.5M | 0.30% |
| 34 | POWER SOLUTIONS INTL INC | 73933G202 | 60,505 | $3.9M | 0.21% |