Q2 2026 13F · SEC CIK 1452689
Valiant Capital Management, L.P.
Hedge fundFiled 2026-08-14 for Q2 2026. Open the filing ↗ · All SEC filings ↗
- Reported 13F value
- $1.6B
- Reported positions
- 25
- Top holdings a year, 3 yrs
- +40.4%
- Assets under management
- $3.8B
Valiant Capital Management, L.P. is a hedge fund that reported 25 positions worth $1.6B in its Q2 2026 13F, filed 2026-08-14. Its largest holdings were Ishares Tr (IWM, 16.1%), State Str Spdr S&p 500 ETF T (SPY, 15.6%), Core Scientific Inc New (CORZ, 11.9%). A portfolio copying its top holdings returned 40.4% a year over the last 3 years, against 20.4% for the S&P 500.
Valiant Capital Management, L.P. holdings all 25 positions.
Weights are shares of the filer's total reported 13F value, compared with Q1 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.
What Valiant Capital Management, L.P. bought and sold in Q2 2026, against Q1 2026.
New positions
- WULF Terawulf Inc4.5% of 13F
- BW Babcock & Wilcox Enterprises0.5% of 13F
Added to
- SOI Solaris Energy Infrastructure Inc+43.3% shares
- PSIX Power Solutions Intl Inc+17.7% shares
- CORZ Core Scientific Inc New+9.1% shares
Reduced
No position shrank by more than 5%.
Sold out
- AGX Argan Incwas 2.5%
- CRM Salesforce Incwas 1.3%
- WLDN Willdan Group Incwas 0.9%
- NOW Servicenow Incwas 0.7%
- FPS Forgent Power Solutions Incwas 0.2%
Share counts compared with the Q1 2026 13F; a split also changes share counts.
How the holdings did against the S&P 500.
- 1 year
- +33.8% /yr
- S&P 500 +20.1%
- 3 years
- +40.4% /yr
- S&P 500 +20.4%
- 5 years
- +13.2% /yr
- S&P 500 +11.6%
A portfolio of the filer's 20 largest 13F positions, weighted by value, bought the trading day after each 13F was filed and held until the next one was: what copying this filer could have earned. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.
Reported 13F value by quarter.
| Quarter | 13F value | Positions |
|---|---|---|
| Q2 2026 | $1.6B | 25 |
| Q1 2026 | $1.3B | 28 |
| Q4 2025 | $1.2B | 29 |
| Q3 2025 | $1.1B | 28 |
| Q2 2025 | $1.3B | 29 |
| Q1 2025 | $927.2M | 29 |
| Q4 2024 | $747.4M | 27 |
| Q3 2024 | $731.7M | 23 |
| Q2 2024 | $848.2M | 24 |
| Q1 2024 | $848.9M | 24 |
| Q4 2023 | $802.4M | 20 |
| Q3 2023 | $836.0M | 25 |
Questions about Valiant Capital Management, L.P.'s portfolio
What stocks does Valiant Capital Management, L.P. own?
Valiant Capital Management, L.P.'s latest 13F, for Q2 2026 and filed Aug 14, 2026, lists 25 positions worth $1.6B. The largest are Ishares Tr (IWM) at 16.1%, State Str Spdr S&p 500 ETF T (SPY) at 15.6%, Core Scientific Inc New (CORZ) at 11.9%, Solaris Energy Infrastructure Inc (SOI) at 8.0% and Ge Vernova Inc (GEV) at 7.1%.
What did Valiant Capital Management, L.P. buy last quarter?
In Q2 2026, Valiant Capital Management, L.P. added a new position in Terawulf Inc (WULF), a new position in Babcock & Wilcox Enterprises (BW), Solaris Energy Infrastructure Inc (SOI) (+43.3% shares), Power Solutions Intl Inc (PSIX) (+17.7% shares) and Core Scientific Inc New (CORZ) (+9.1% shares), compared with its Q1 2026 filing.
What did Valiant Capital Management, L.P. sell last quarter?
In Q2 2026, Valiant Capital Management, L.P. sold all of Argan Inc (AGX), sold all of Salesforce Inc (CRM), sold all of Willdan Group Inc (WLDN), sold all of Servicenow Inc (NOW) and sold all of Forgent Power Solutions Inc (FPS), compared with its Q1 2026 filing.
How has Valiant Capital Management, L.P.'s portfolio performed?
A portfolio copying Valiant Capital Management, L.P.'s 20 largest 13F holdings each quarter, from the day each filing was public, returned +40.4% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: +33.8% against +20.1%. Over 5 years: +13.2% a year against +11.6%.
When is Valiant Capital Management, L.P.'s next 13F filing due?
13F filings are due 45 days after each quarter ends. Valiant Capital Management, L.P.'s filing for the quarter ending Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.
How much money does Valiant Capital Management, L.P. manage?
Valiant Capital Management, L.P. reported $3.8B of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $1.6B.