Valiant Capital Management, L.P. Hedge Fund

Location: San Francisco, CA

CIK: 0001452689 · Show all filings

Period: Q1 2025 (← Previous) (Next →)

Filing Date: May 15, 2025

Total Value: $1.368B (100.0% shares, 0.0% debt)

Holdings (35)

GLD SPDR GOLD TR 12.6%

Value $173M Shares 600,000 Share Price $288.14 Est. Cost/Share — Unrealized @ Report Date —

FTAI FTAI AVIATION LTD 8.2%

Value $113M Shares 1,045,500 Share Price $107.73 Est. Cost/Share — Unrealized @ Report Date —

SPY SPDR S&P 500 ETF TRUST 7.2%

Value $98.79M Shares 176,612 Share Price $559.39 Est. Cost/Share $559.39 Unrealized @ Report Date —

Value $98.42M Shares 493,377 Share Price $199.49 Est. Cost/Share $199.49 Unrealized @ Report Date —

TSM TAIWAN SEMICONDUCTOR MFG LTD 6.5%

Value $88.38M Shares 532,400 Share Price $166.00 Est. Cost/Share — Unrealized @ Report Date —

AGX ARGAN INC 4.0%

Value $55.24M Shares 421,115 Share Price $131.17 * Est. Cost/Share $123.95 Unrealized @ Report Date +11.7%

CART MAPLEBEAR 3.9%

Value $53.78M Shares 1,348,275 Share Price $39.89 * Est. Cost/Share $30.10 Unrealized @ Report Date +47.6%

TKO TKO GROUP HOLDINGS INC 3.6%

Value $48.63M Shares 318,259 Share Price $152.81 Est. Cost/Share $94.79 Unrealized @ Report Date +59.3%

GEV GE VERNOVA INC 3.5%

Value $47.3M Shares 154,953 Share Price $305.28 * Est. Cost/Share $245.44 Unrealized @ Report Date +41.8%

HDB HDFC BANK LTD 3.3%

Value $45.09M Shares 678,600 Share Price $66.44 Est. Cost/Share $63.47 Unrealized @ Report Date —

ABR ARBOR REALTY TRUST INC 3.1%

Value $42.1M Shares 3,582,800 Share Price $11.75 Est. Cost/Share — Unrealized @ Report Date —

VST VISTRA CORP 2.9%

Value $39.51M Shares 336,386 Share Price $117.44 * Est. Cost/Share $102.63 Unrealized @ Report Date +44.8%

MSFT MICROSOFT CORP 2.7%

Value $37.61M Shares 100,195 Share Price $375.39 * Est. Cost/Share $262.60 Unrealized @ Report Date +54.3%

AVGO BROADCOM INC 2.6%

Value $36M Shares 215,040 Share Price $167.43 * Est. Cost/Share $158.38 Unrealized @ Report Date +32.5%

CRM SALESFORCE INC 2.4%

Value $33.12M Shares 123,410 Share Price $268.36 * Est. Cost/Share $210.95 Unrealized @ Report Date +46.5%

KGS KODIAK GAS SVCS INC 2.4%

Value $32.27M Shares 865,257 Share Price $37.30 * Est. Cost/Share $38.78 Unrealized @ Report Date +9.9%

CORZ CORE SCIENTIFIC INC NEW 2.3%

Value $32.02M Shares 4,422,524 Share Price $7.24 * Est. Cost/Share $6.61 Unrealized @ Report Date +72.3%

GDX VANECK ETF TRUST 2.2%

Value $30.27M Shares 658,389 Share Price $45.97 Est. Cost/Share $31.58 Unrealized @ Report Date —

PWR QUANTA SVCS INC 2.2%

Value $29.79M Shares 117,220 Share Price $254.18 * Est. Cost/Share $300.93 Unrealized @ Report Date -4.1%

AMZN AMAZON COM INC 2.1%

Value $28.56M Shares 150,115 Share Price $190.26 * Est. Cost/Share $120.68 Unrealized @ Report Date +79.8%

Z ZILLOW GROUP INC 2.1%

Value $28.33M Shares 413,150 Share Price $68.56 * Est. Cost/Share $42.38 Unrealized @ Report Date +80.3%

CRWD CROWDSTRIKE HLDGS INC 1.6%

Value $22.21M Shares 62,996 Share Price $352.58 * Est. Cost/Share $124.49 Unrealized @ Report Date +206.1%

NFLX NETFLIX INC 1.6%

Value $21.99M Shares 23,578 Share Price $932.53 * Est. Cost/Share $31.66 Unrealized @ Report Date +200.4%

NVDA NVIDIA CORPORATION 1.6%

Value $21.83M Shares 201,415 Share Price $108.38 * Est. Cost/Share $91.49 Unrealized @ Report Date +38.5%

TTWO TAKE-TWO INTERACTIVE SOFTWAR 1.5%

Value $21.13M Shares 101,972 Share Price $207.25 * Est. Cost/Share $124.31 Unrealized @ Report Date +60.7%

CORZ CORE SCIENTIFIC INC NEW 1.5%

Value $20.49M Shares 2,830,000 Share Price $7.24 * Est. Cost/Share $6.61 Unrealized @ Report Date +72.3%

NOW SERVICENOW INC 1.4%

Value $18.81M Shares 23,626 Share Price $796.14 * Est. Cost/Share $87.09 Unrealized @ Report Date +121.3%

LLY ELI LILLY & CO 1.2%

Value $17.04M Shares 20,626 Share Price $825.91 Est. Cost/Share $521.69 Unrealized @ Report Date +58.5%

TAC TRANSALTA CORP 0.7%

Value $8.977M Shares 960,092 Share Price $9.35 * Est. Cost/Share $11.07 Unrealized @ Report Date 0.0%

WLDN WILLDAN GROUP INC 0.6%

Value $8.076M Shares 198,321 Share Price $40.72 * Est. Cost/Share $42.90 Unrealized @ Report Date -13.8%

CRDO CREDO TECHNOLOGY GROUP HOLDI 0.4%

Value $5.803M Shares 144,496 Share Price $40.16 * Est. Cost/Share $20.94 Unrealized @ Report Date +196.9%

UBER UBER TECHNOLOGIES INC 0.3%

Value $4.333M Shares 59,464 Share Price $72.86 Est. Cost/Share $37.84 Unrealized @ Report Date +90.4%

RUN SUNRUN INC 0.3%

Value $4.248M Shares 725,000 Share Price $5.86 Est. Cost/Share — Unrealized @ Report Date —

TLN TALEN ENERGY CORP 0.1%

Value $1.125M Shares 5,633 Share Price $199.67 * Est. Cost/Share $196.03 Unrealized @ Report Date +10.6%

PSIX POWER SOLUTIONS INTL INC 0.1%

Value $1.102M Shares 43,605 Share Price $25.28 * Est. Cost/Share $27.30 Unrealized @ Report Date +26.3%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
GLD	SPDR GOLD TR	600,000	$173M	12.6%	$288.14	—	—	Call	78463V107
FTAI	FTAI AVIATION LTD	1,045,500	$113M	8.2%	$107.73	—	—	Put	G3730V105
SPY	SPDR S&P 500 ETF TRUST	176,612	$98.79M	7.2%	$559.39	$559.39	—	TR UNIT	78462F103
IWM	IWM	493,377	$98.42M	7.2%	$199.49	$199.49	—	RUSSELL 2000 ETF	464287655
TSM	TAIWAN SEMICONDUCTOR MFG LTD	532,400	$88.38M	6.5%	$166.00	—	—	Call	874039100
AGX	ARGAN INC	421,115	$55.24M	4.0%	$131.17 *	$123.95	+11.7%	COM	04010E109
CART	MAPLEBEAR	1,348,275	$53.78M	3.9%	$39.89 *	$30.10	+47.6%	COM	565394103
TKO	TKO GROUP HOLDINGS INC	318,259	$48.63M	3.6%	$152.81	$94.79	+59.3%	CL A	87256C101
GEV	GE VERNOVA INC	154,953	$47.3M	3.5%	$305.28 *	$245.44	+41.8%	COM	36828A101
HDB	HDFC BANK LTD	678,600	$45.09M	3.3%	$66.44	$63.47	—	SPONSORED ADS	40415F101
ABR	ARBOR REALTY TRUST INC	3,582,800	$42.1M	3.1%	$11.75	—	—	Put	038923108
VST	VISTRA CORP	336,386	$39.51M	2.9%	$117.44 *	$102.63	+44.8%	COM	92840M102
MSFT	MICROSOFT CORP	100,195	$37.61M	2.7%	$375.39 *	$262.60	+54.3%	COM	594918104
AVGO	BROADCOM INC	215,040	$36M	2.6%	$167.43 *	$158.38	+32.5%	COM	11135F101
CRM	SALESFORCE INC	123,410	$33.12M	2.4%	$268.36 *	$210.95	+46.5%	COM	79466L302
KGS	KODIAK GAS SVCS INC	865,257	$32.27M	2.4%	$37.30 *	$38.78	+9.9%	COM	50012A108
CORZ	CORE SCIENTIFIC INC NEW	4,422,524	$32.02M	2.3%	$7.24 *	$6.61	+72.3%	COM	21874A106
GDX	VANECK ETF TRUST	658,389	$30.27M	2.2%	$45.97	$31.58	—	GOLD MINERS ETF	92189F106
PWR	QUANTA SVCS INC	117,220	$29.79M	2.2%	$254.18 *	$300.93	-4.1%	COM	74762E102
AMZN	AMAZON COM INC	150,115	$28.56M	2.1%	$190.26 *	$120.68	+79.8%	COM	023135106
Z	ZILLOW GROUP INC	413,150	$28.33M	2.1%	$68.56 *	$42.38	+80.3%	CL C CAP STK	98954M200
CRWD	CROWDSTRIKE HLDGS INC	62,996	$22.21M	1.6%	$352.58 *	$124.49	+206.1%	CL A	22788C105
NFLX	NETFLIX INC	23,578	$21.99M	1.6%	$932.53 *	$31.66	+200.4%	COM	64110L106
NVDA	NVIDIA CORPORATION	201,415	$21.83M	1.6%	$108.38 *	$91.49	+38.5%	COM	67066G104
TTWO	TAKE-TWO INTERACTIVE SOFTWAR	101,972	$21.13M	1.5%	$207.25 *	$124.31	+60.7%	COM	874054109
CORZ	CORE SCIENTIFIC INC NEW	2,830,000	$20.49M	1.5%	$7.24 *	$6.61	+72.3%	Call	21874A106
NOW	SERVICENOW INC	23,626	$18.81M	1.4%	$796.14 *	$87.09	+121.3%	COM	81762P102
LLY	ELI LILLY & CO	20,626	$17.04M	1.2%	$825.91	$521.69	+58.5%	COM	532457108
TAC	TRANSALTA CORP	960,092	$8.977M	0.7%	$9.35 *	$11.07	0.0%	COM	89346D107
WLDN	WILLDAN GROUP INC	198,321	$8.076M	0.6%	$40.72 *	$42.90	-13.8%	COM	96924N100
CRDO	CREDO TECHNOLOGY GROUP HOLDI	144,496	$5.803M	0.4%	$40.16 *	$20.94	+196.9%	ORDINARY SHARES	G25457105
UBER	UBER TECHNOLOGIES INC	59,464	$4.333M	0.3%	$72.86	$37.84	+90.4%	COM	90353T100
RUN	SUNRUN INC	725,000	$4.248M	0.3%	$5.86	—	—	Call	86771W105
TLN	TALEN ENERGY CORP	5,633	$1.125M	0.1%	$199.67 *	$196.03	+10.6%	COM	87422Q109
PSIX	POWER SOLUTIONS INTL INC	43,605	$1.102M	0.1%	$25.28 *	$27.30	+26.3%	COM NEW	73933G202