Institutional Manager · CIK 0001911136
Paradigm Operations LP
San Francisco, CA · File #028-22027
Latest AUM
$1.36B
Positions
3
Top-10 Concentration
100.0%
Filings
9
Portfolio Value Over Time
2024-03
2024-06
2024-09
2024-12
2025-03
2025-06
2025-09
2025-12
Biggest QoQ Changes
Ranked by conviction flow (share change × current price) so mark-to-market moves don't dominate. Price effect column shows how much of the $ change was just the stock moving.
| Action | Issuer | Ticker / CUSIP | Δ Shares | Flow ($) | Price Effect |
|---|---|---|---|---|---|
| ADD | COINBASE GLOBAL INC | COIN | +134,425 | +$30.4M | -$459.7M |
| NEW | HYPERLIQUID STRATEGIES INC | PURR | +5,709,852 | +$20.3M | $0 |
| REDUCE | ROBINHOOD MKTS INC | 770700102 | 0 | $0 | -$99.3M |
Sector Allocation
Filing History
- 13F HOLDINGS REPORTQ/E Dec 20253 pos · $1.36B
- 13F HOLDINGS REPORTQ/E Sep 20252 pos · $1.87B
- 13F HOLDINGS REPORTQ/E Jun 20252 pos · $1.76B
- 13F HOLDINGS REPORTQ/E Mar 20251 pos · $711.0M
- 13F HOLDINGS REPORTQ/E Dec 20241 pos · $1.02B
- 13F HOLDINGS REPORTQ/E Sep 20241 pos · $804.5M
- 13F HOLDINGS REPORTQ/E Jun 20241 pos · $1.00B
- 13F HOLDINGS REPORTQ/E Mar 20241 pos · $1.20B
- 13F HOLDINGS REPORTQ/E Dec 20231 pos · $339.0M
Top 3 Holdings — Dec 2025
| # | Issuer | Ticker | Shares | Value | % of Portfolio |
|---|---|---|---|---|---|
| 1 | COINBASE GLOBAL INC | COIN | 4,262,458 | $963.9M | 71.01% |
| 2 | ROBINHOOD MKTS INC | 770700102 | 3,300,000 | $373.2M | 27.49% |
| 3 | HYPERLIQUID STRATEGIES INC | PURR | 5,709,852 | $20.3M | 1.50% |