Valiant Capital Management, L.P. Q4 2025 Filing
Filed February 17, 2026
Portfolio Value
$1.8T
Holdings
32
Report Date
Q4 2025
Filing Type
13F-HR
All Holdings (32 positions)
| # | Stock | Shares | Value | % Portfolio | Type |
|---|---|---|---|---|---|
| 1 | NDQINVESCO QQQ TR | 560,000 | $344.0B | 19.46% | Put |
| 2 | SPYSPDR S&P 500 ETF TR | 237,326 | $161.8B | 9.15% | |
| 3 | IWMISHARES TR | 657,301 | $161.8B | 9.15% | |
| 4 | CORZCORE SCIENTIFIC INC NEW | 10,166,424 | $148.0B | 8.37% | Call |
| 5 | TSMTAIWAN SEMICONDUCTOR MFG LTD | 448,200 | $136.2B | 7.70% | Call |
| 6 | GEVGE VERNOVA INC | 101,637 | $66.4B | 3.76% | |
| 7 | AVGOBROADCOM INC | 138,802 | $48.0B | 2.72% | |
| 8 | AGXARGAN INC | 134,273 | $42.1B | 2.38% | |
| 9 | GQ9SPDR GOLD TR | 106,100 | $42.0B | 2.38% | Call |
| 10 | TKOTKO GROUP HOLDINGS INC | 196,917 | $41.2B | 2.33% | |
| 11 | HDBHDFC BANK LTD | 1,122,032 | $41.0B | 2.32% | |
| 12 | GDXVANECK ETF TRUST | 464,104 | $39.8B | 2.25% | |
| 13 | GRDNGUARDIAN PHARMACY SVCS INC | 1,232,463 | $37.1B | 2.10% | |
| 14 | AMZNAMAZON COM INC | 155,404 | $35.9B | 2.03% | |
| 15 | MSFTMICROSOFT CORP | 72,655 | $35.1B | 1.99% | |
| 16 | PUMPPROPETRO HLDG CORP | 3,668,820 | $34.9B | 1.97% | |
| 17 | TTWOTAKE-TWO INTERACTIVE SOFTWAR | 133,495 | $34.2B | 1.93% | |
| 18 | SEISOLARIS ENERGY INFRAS INC | 734,499 | $33.8B | 1.91% | |
| 19 | RHRH | 182,765 | $32.7B | 1.85% | |
| 20 | PWRQUANTA SVCS INC | 70,381 | $29.7B | 1.68% | |
| 21 | VSTVISTRA CORP | 178,927 | $28.9B | 1.63% | |
| 22 | LLYELI LILLY & CO | 26,526 | $28.5B | 1.61% | |
| 23 | NVDANVIDIA CORPORATION | 141,979 | $26.5B | 1.50% | |
| 24 | CRMSALESFORCE INC | 93,336 | $24.7B | 1.40% | |
| 25 | CRWDCROWDSTRIKE HLDGS INC | 48,776 | $22.9B | 1.29% | |
| 26 | ZZILLOW GROUP INC | 318,443 | $21.7B | 1.23% | |
| 27 | NFLXNETFLIX INC | 185,880 | $17.4B | 0.99% | |
| 28 | J2AWILLDAN GROUP INC | 152,531 | $15.8B | 0.89% | |
| 29 | CRDOCREDO TECHNOLOGY GROUP HOLDI | 101,853 | $14.7B | 0.83% | |
| 30 | NOWSERVICENOW INC | 90,666 | $13.9B | 0.79% | |
| 31 | UBERUBER TECHNOLOGIES INC | 59,464 | $4.9B | 0.27% | |
| 32 | PSIXPOWER SOLUTIONS INTL INC | 40,401 | $2.3B | 0.13% |