Valiant Capital Management, L.P. Hedge Fund

CIK: 0001452689 · Show all filings

Period: Q3 2025 (← Previous) (Next →)

Filing Date: Nov 14, 2025

Total Value ($000): $1,453,428 (100.0% shares, 0.0% debt)

Holdings (32)

TSM TAIWAN SEMICONDUCTOR MFG LTD 9.5%

Value ($000) $137,522 Shares 492,400 Est. Cost — Unrealized —

CORZ CORE SCIENTIFIC INC NEW 8.0%

Value ($000) $116,307 Shares 6,483,103 Est. Cost $8.90 Unrealized +64.9%

GLD SPDR GOLD TR 8.0%

Value ($000) $115,634 Shares 325,300 Est. Cost — Unrealized —

SPY SPDR S&P 500 ETF TR 7.1%

Value ($000) $102,926 Shares 154,502 Est. Cost $559.39 Unrealized —

IWM ISHARES TR 7.0%

Value ($000) $102,314 Shares 422,857 Est. Cost $199.49 Unrealized —

AGX ARGAN INC 4.7%

Value ($000) $68,755 Shares 254,600 Est. Cost $123.95 Unrealized +84.2%

CORZ CORE SCIENTIFIC INC NEW 4.7%

Value ($000) $68,710 Shares 3,830,000 Est. Cost $8.90 Unrealized +64.9%

GEV GE VERNOVA INC 4.6%

Value ($000) $67,158 Shares 109,217 Est. Cost $253.01 Unrealized +139.3%

CRWV COREWEAVE INC 3.5%

Value ($000) $51,319 Shares 375,000 Est. Cost — Unrealized —

AVGO BROADCOM INC 3.5%

Value ($000) $50,313 Shares 152,504 Est. Cost $163.21 Unrealized +87.3%

TKO TKO GROUP HOLDINGS INC 3.0%

Value ($000) $43,695 Shares 216,355 Est. Cost $94.79 Unrealized +91.5%

MSFT MICROSOFT CORP 2.7%

Value ($000) $39,160 Shares 75,606 Est. Cost $275.73 Unrealized +84.5%

GDX VANECK ETF TRUST 2.7%

Value ($000) $38,958 Shares 509,916 Est. Cost $31.58 Unrealized —

VST VISTRA CORP 2.6%

Value ($000) $38,193 Shares 194,943 Est. Cost $102.63 Unrealized +92.6%

TTWO TAKE-TWO INTERACTIVE SOFTWAR 2.6%

Value ($000) $37,894 Shares 146,672 Est. Cost $158.07 Unrealized +49.7%

HDB HDFC BANK LTD 2.5%

Value ($000) $36,257 Shares 1,061,396 Est. Cost $54.15 Unrealized —

AMZN AMAZON COM INC 2.4%

Value ($000) $35,508 Shares 161,715 Est. Cost $133.15 Unrealized +70.0%

LLY ELI LILLY & CO 2.1%

Value ($000) $30,686 Shares 40,217 Est. Cost $673.42 Unrealized +10.2%

PWR QUANTA SVCS INC 2.1%

Value ($000) $30,548 Shares 73,713 Est. Cost $300.93 Unrealized +29.1%

GRDN GUARDIAN PHARMACY SVCS INC 1.9%

Value ($000) $27,928 Shares 1,064,722 Est. Cost $23.83 Unrealized 0.0%

NVDA NVIDIA CORPORATION 1.9%

Value ($000) $27,575 Shares 147,793 Est. Cost $91.49 Unrealized +90.5%

Z ZILLOW GROUP INC 1.9%

Value ($000) $26,958 Shares 349,877 Est. Cost $44.52 Unrealized +83.6%

CRWD CROWDSTRIKE HLDGS INC 1.8%

Value ($000) $26,280 Shares 53,591 Est. Cost $152.18 Unrealized +198.8%

CRM SALESFORCE INC 1.7%

Value ($000) $24,304 Shares 102,550 Est. Cost $214.69 Unrealized +17.1%

NFLX NETFLIX INC 1.6%

Value ($000) $23,191 Shares 19,343 Est. Cost $38.90 Unrealized +213.8%

Value ($000) $22,043 Shares 108,500 Est. Cost $185.72 Unrealized +17.0%

NOW SERVICENOW INC 1.3%

Value ($000) $18,336 Shares 19,924 Est. Cost $95.38 Unrealized +95.8%

CRDO CREDO TECHNOLOGY GROUP HOLDI 1.1%

Value ($000) $16,295 Shares 111,909 Est. Cost $20.94 Unrealized +484.6%

WLDN WILLDAN GROUP INC 1.1%

Value ($000) $15,494 Shares 160,243 Est. Cost $42.90 Unrealized +120.6%

UBER UBER TECHNOLOGIES INC 0.4%

Value ($000) $5,826 Shares 59,464 Est. Cost $37.84 Unrealized +147.1%

PSIX POWER SOLUTIONS INTL INC 0.3%

Value ($000) $3,823 Shares 38,926 Est. Cost $30.03 Unrealized +195.3%

FLY FIREFLY AEROSPACE INC 0.2%

Value ($000) $3,518 Shares 120,000 Est. Cost $44.96 Unrealized 0.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
TSM	TAIWAN SEMICONDUCTOR MFG LTD	492,400	$137,522	9.5%	—	—	Call	874039100
CORZ	CORE SCIENTIFIC INC NEW	6,483,103	$116,307	8.0%	$8.90	+64.9%	COM	21874A106
GLD	SPDR GOLD TR	325,300	$115,634	8.0%	—	—	Call	78463V107
SPY	SPDR S&P 500 ETF TR	154,502	$102,926	7.1%	$559.39	—	TR UNIT	78462F103
IWM	ISHARES TR	422,857	$102,314	7.0%	$199.49	—	RUSSELL 2000 ETF	464287655
AGX	ARGAN INC	254,600	$68,755	4.7%	$123.95	+84.2%	COM	04010E109
CORZ	CORE SCIENTIFIC INC NEW	3,830,000	$68,710	4.7%	$8.90	+64.9%	Call	21874A106
GEV	GE VERNOVA INC	109,217	$67,158	4.6%	$253.01	+139.3%	COM	36828A101
CRWV	COREWEAVE INC	375,000	$51,319	3.5%	—	—	Call	21873S108
AVGO	BROADCOM INC	152,504	$50,313	3.5%	$163.21	+87.3%	COM	11135F101
TKO	TKO GROUP HOLDINGS INC	216,355	$43,695	3.0%	$94.79	+91.5%	CL A	87256C101
MSFT	MICROSOFT CORP	75,606	$39,160	2.7%	$275.73	+84.5%	COM	594918104
GDX	VANECK ETF TRUST	509,916	$38,958	2.7%	$31.58	—	GOLD MINERS ETF	92189F106
VST	VISTRA CORP	194,943	$38,193	2.6%	$102.63	+92.6%	COM	92840M102
TTWO	TAKE-TWO INTERACTIVE SOFTWAR	146,672	$37,894	2.6%	$158.07	+49.7%	COM	874054109
HDB	HDFC BANK LTD	1,061,396	$36,257	2.5%	$54.15	—	SPONSORED ADS	40415F101
AMZN	AMAZON COM INC	161,715	$35,508	2.4%	$133.15	+70.0%	COM	023135106
LLY	ELI LILLY & CO	40,217	$30,686	2.1%	$673.42	+10.2%	COM	532457108
PWR	QUANTA SVCS INC	73,713	$30,548	2.1%	$300.93	+29.1%	COM	74762E102
GRDN	GUARDIAN PHARMACY SVCS INC	1,064,722	$27,928	1.9%	$23.83	0.0%	CL A	40145W101
NVDA	NVIDIA CORPORATION	147,793	$27,575	1.9%	$91.49	+90.5%	COM	67066G104
Z	ZILLOW GROUP INC	349,877	$26,958	1.9%	$44.52	+83.6%	CL C CAP STK	98954M200
CRWD	CROWDSTRIKE HLDGS INC	53,591	$26,280	1.8%	$152.18	+198.8%	CL A	22788C105
CRM	SALESFORCE INC	102,550	$24,304	1.7%	$214.69	+17.1%	COM	79466L302
NFLX	NETFLIX INC	19,343	$23,191	1.6%	$38.90	+213.8%	COM	64110L106
RH	RH	108,500	$22,043	1.5%	$185.72	+17.0%	COM	74967X103
NOW	SERVICENOW INC	19,924	$18,336	1.3%	$95.38	+95.8%	COM	81762P102
CRDO	CREDO TECHNOLOGY GROUP HOLDI	111,909	$16,295	1.1%	$20.94	+484.6%	ORDINARY SHARES	G25457105
WLDN	WILLDAN GROUP INC	160,243	$15,494	1.1%	$42.90	+120.6%	COM	96924N100
UBER	UBER TECHNOLOGIES INC	59,464	$5,826	0.4%	$37.84	+147.1%	COM	90353T100
PSIX	POWER SOLUTIONS INTL INC	38,926	$3,823	0.3%	$30.03	+195.3%	COM NEW	73933G202
FLY	FIREFLY AEROSPACE INC	120,000	$3,518	0.2%	$44.96	0.0%	COM	31816X106