Valiant Capital Management, L.P. Hedge Fund

Name: Valiant Capital Management, L.P. Q2 2026 13F Filing | 13F Explorer
Creator: Valiant Capital Management, L.P.
Published: 2026-08-14

Location: San Francisco, CA

CIK: 0001452689 · Show all filings

Period: Q2 2026 (← Previous)

Filing Date: Aug 14, 2026

Total Value: $2.477B (100.0% shares, 0.0% debt)

Holdings (29)

New Positions (3)

RH RH 3.7%

Value $90.6M Shares 550,000 Share Price $164.73 Est. Cost/Share — Unrealized @ Report Date —

WULF TERAWULF INC 2.9%

Value $71.55M Shares 2,896,756 Share Price $24.70 Est. Cost/Share — Unrealized @ Report Date —

BW BABCOCK & WILCOX ENTERPRISES 0.3%

Value $7.755M Shares 550,000 Share Price $14.10 Est. Cost/Share — Unrealized @ Report Date —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
RH	RH	550,000	$90.6M	3.7%	$164.73	—	—	CALL	74967X103
WULF	TERAWULF INC	2,896,756	$71.55M	2.9%	$24.70	—	—	COM	88080T104
BW	BABCOCK & WILCOX ENTERPRISES	550,000	$7.755M	0.3%	$14.10	—	—	COM	05614L209

Increased Positions (8)

AMZN AMAZON COM INC 16.9%

Value $418M (+221.3%) Shares 1,755,000 (+180.8%) Share Price $238.34 Est. Cost/Share — Unrealized @ Report Date —

CORZ CORE SCIENTIFIC INC NEW 7.7%

Value $191M (+86.6%) Shares 7,474,231 (+9.1%) Share Price $25.59 Est. Cost/Share — Unrealized @ Report Date —

CORZ CORE SCIENTIFIC INC NEW 6.7%

Value $167M (+74.3%) Shares 6,527,700 (+1.9%) Share Price $25.59 Est. Cost/Share — Unrealized @ Report Date —

SEI SOLARIS ENERGY INFRAS INC 5.2%

Value $129M (+104.0%) Shares 1,604,346 (+43.3%) Share Price $80.46 Est. Cost/Share — Unrealized @ Report Date —

GEV GE VERNOVA INC 4.6%

Value $115M (+38.9%) Shares 97,612 (+3.2%) Share Price $1174.86 Est. Cost/Share — Unrealized @ Report Date —

PWR QUANTA SVCS INC 2.0%

Value $49.16M (+36.8%) Shares 68,275 (+4.3%) Share Price $720.04 Est. Cost/Share — Unrealized @ Report Date —

PUMP PROPETRO HLDG CORP 2.5%

Value $60.84M (+4.4%) Shares 4,242,475 (+4.9%) Share Price $14.34 Est. Cost/Share — Unrealized @ Report Date —

PSIX POWER SOLUTIONS INTL INC 0.1%

Value $3.176M (-24.8%) Shares 81,674 (+17.7%) Share Price $38.89 Est. Cost/Share — Unrealized @ Report Date —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
AMZN	AMAZON COM INC	1,755,000 (+180.8%)	$418M (+221.3%)	16.9%	$238.34	—	—	CALL	023135106
CORZ	CORE SCIENTIFIC INC NEW	7,474,231 (+9.1%)	$191M (+86.6%)	7.7%	$25.59	—	—	COM	21874A106
CORZ	CORE SCIENTIFIC INC NEW	6,527,700 (+1.9%)	$167M (+74.3%)	6.7%	$25.59	—	—	CALL	21874A106
SEI	SOLARIS ENERGY INFRAS INC	1,604,346 (+43.3%)	$129M (+104.0%)	5.2%	$80.46	—	—	COM CL A	83418M103
GEV	GE VERNOVA INC	97,612 (+3.2%)	$115M (+38.9%)	4.6%	$1174.86	—	—	COM	36828A101
PWR	QUANTA SVCS INC	68,275 (+4.3%)	$49.16M (+36.8%)	2.0%	$720.04	—	—	COM	74762E102
PUMP	PROPETRO HLDG CORP	4,242,475 (+4.9%)	$60.84M (+4.4%)	2.5%	$14.34	—	—	COM	74347M108
PSIX	POWER SOLUTIONS INTL INC	81,674 (+17.7%)	$3.176M (-24.8%)	0.1%	$38.89	—	—	COM NEW	73933G202

Exited Positions (8)

APO APOLLO GLOBAL MGMT INC 1.9%

Value $47.91M Shares 430,000 Share Price $111.42 Est. Cost/Share — Unrealized @ Report Date —

CG CARLYLE GROUP INC 1.6%

Value $38.71M Shares 800,000 Share Price $48.39 Est. Cost/Share — Unrealized @ Report Date —

AGX ARGAN INC 1.3%

Value $32.27M Shares 59,243 Share Price $544.65 Est. Cost/Share — Unrealized @ Report Date —

ARES ARES MANAGEMENT CORPORATION 0.8%

Value $19.09M Shares 175,000 Share Price $109.10 Est. Cost/Share — Unrealized @ Report Date —

CRM SALESFORCE INC 0.6%

Value $15.93M Shares 85,336 Share Price $186.67 Est. Cost/Share — Unrealized @ Report Date —

WLDN WILLDAN GROUP INC 0.4%

Value $10.97M Shares 143,331 Share Price $76.56 Est. Cost/Share — Unrealized @ Report Date —

NOW SERVICENOW INC 0.3%

Value $8.664M Shares 82,866 Share Price $104.55 Est. Cost/Share — Unrealized @ Report Date —

FPS FORGENT POWER SOLUTIONS INC 0.1%

Value $2.927M Shares 100,000 Share Price $29.27 Est. Cost/Share — Unrealized @ Report Date —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
APO	APOLLO GLOBAL MGMT INC	430,000	$47.91M	1.9%	$111.42	—	—	PUT	03769M106
CG	CARLYLE GROUP INC	800,000	$38.71M	1.6%	$48.39	—	—	PUT	14316J108
AGX	ARGAN INC	59,243	$32.27M	1.3%	$544.65	—	—	—	04010E109
ARES	ARES MANAGEMENT CORPORATION	175,000	$19.09M	0.8%	$109.10	—	—	PUT	03990B101
CRM	SALESFORCE INC	85,336	$15.93M	0.6%	$186.67	—	—	—	79466L302
WLDN	WILLDAN GROUP INC	143,331	$10.97M	0.4%	$76.56	—	—	—	96924N100
NOW	SERVICENOW INC	82,866	$8.664M	0.3%	$104.55	—	—	—	81762P102
FPS	FORGENT POWER SOLUTIONS INC	100,000	$2.927M	0.1%	$29.27	—	—	—	34631F102

Decreased Positions (2)

IWM ISHARES TR 10.5%

Value $259M (+15.2%) Shares 863,141 (-4.9%) Share Price $300.45 Est. Cost/Share — Unrealized @ Report Date —

SPY SPDR S&P 500 ETF TR 10.1%

Value $251M (+11.5%) Shares 336,426 (-2.9%) Share Price $746.77 Est. Cost/Share — Unrealized @ Report Date —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
IWM	ISHARES TR	863,141 (-4.9%)	$259M (+15.2%)	10.5%	$300.45	—	—	RUSSELL 2000 ETF	464287655
SPY	SPDR S&P 500 ETF TR	336,426 (-2.9%)	$251M (+11.5%)	10.1%	$746.77	—	—	TR UNIT	78462F103

Unchanged Positions (16)

TSM TAIWAN SEMICONDUCTOR MANUFAC 7.9%

Value $195M Shares 409,300 Share Price $477.57 Est. Cost/Share — Unrealized @ Report Date —

CRDO CREDO TECHNOLOGY GROUP HOLDI 1.0%

Value $25.39M Shares 93,353 Share Price $271.95 Est. Cost/Share — Unrealized @ Report Date —

CRWD CROWDSTRIKE HLDGS INC 1.4%

Value $34.02M Shares 44,576 Share Price $763.14 Est. Cost/Share — Unrealized @ Report Date —

AVGO BROADCOM INC 1.9%

Value $47.82M Shares 126,602 Share Price $377.75 Est. Cost/Share — Unrealized @ Report Date —

RH RH 2.0%

Value $49.63M Shares 301,276 Share Price $164.73 Est. Cost/Share — Unrealized @ Report Date —

GDX VANECK ETF TRUST 1.3%

Value $32.08M Shares 425,204 Share Price $75.45 Est. Cost/Share — Unrealized @ Report Date —

LLY ELI LILLY & CO 1.2%

Value $29.13M Shares 24,286 Share Price $1199.43 Est. Cost/Share — Unrealized @ Report Date —

TTWO TAKE-TWO INTERACTIVE SOFTWAR 1.2%

Value $30.52M Shares 122,095 Share Price $249.98 Est. Cost/Share — Unrealized @ Report Date —

GRDN GUARDIAN PHARMACY SVCS INC 2.0%

Value $49.69M Shares 1,186,658 Share Price $41.87 Est. Cost/Share — Unrealized @ Report Date —

AMZN AMAZON COM INC 1.5%

Value $37.04M Shares 155,404 Share Price $238.34 Est. Cost/Share — Unrealized @ Report Date —

Z ZILLOW GROUP INC 0.6%

Value $14.92M Shares 473,329 Share Price $31.52 Est. Cost/Share — Unrealized @ Report Date —

NVDA NVIDIA CORPORATION 1.0%

Value $25.93M Shares 129,579 Share Price $200.09 Est. Cost/Share — Unrealized @ Report Date —

HDB HDFC BANK LTD 1.1%

Value $26.51M Shares 1,026,232 Share Price $25.83 Est. Cost/Share — Unrealized @ Report Date —

MSFT MICROSOFT CORP 1.0%

Value $24.77M Shares 66,415 Share Price $373.02 Est. Cost/Share — Unrealized @ Report Date —

TKO TKO GROUP HOLDINGS INC 1.5%

Value $36.26M Shares 180,117 Share Price $201.31 Est. Cost/Share — Unrealized @ Report Date —

UBER UBER TECHNOLOGIES INC 0.2%

Value $4.291M Shares 59,464 Share Price $72.16 Est. Cost/Share — Unrealized @ Report Date —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
TSM	TAIWAN SEMICONDUCTOR MANUFAC	409,300	$195M	7.9%	$477.57	—	—	CALL	874039100
CRDO	CREDO TECHNOLOGY GROUP HOLDI	93,353	$25.39M	1.0%	$271.95	—	—	ORDINARY SHARES	G25457105
CRWD	CROWDSTRIKE HLDGS INC	44,576	$34.02M	1.4%	$763.14	—	—	CL A	22788C105
AVGO	BROADCOM INC	126,602	$47.82M	1.9%	$377.75	—	—	COM	11135F101
RH	RH	301,276	$49.63M	2.0%	$164.73	—	—	COM	74967X103
GDX	VANECK ETF TRUST	425,204	$32.08M	1.3%	$75.45	—	—	GOLD MINERS ETF	92189F106
LLY	ELI LILLY & CO	24,286	$29.13M	1.2%	$1199.43	—	—	COM	532457108
TTWO	TAKE-TWO INTERACTIVE SOFTWAR	122,095	$30.52M	1.2%	$249.98	—	—	COM	874054109
GRDN	GUARDIAN PHARMACY SVCS INC	1,186,658	$49.69M	2.0%	$41.87	—	—	CL A	40145W101
AMZN	AMAZON COM INC	155,404	$37.04M	1.5%	$238.34	—	—	COM	023135106
Z	ZILLOW GROUP INC	473,329	$14.92M	0.6%	$31.52	—	—	CL C CAP STK	98954M200
NVDA	NVIDIA CORPORATION	129,579	$25.93M	1.0%	$200.09	—	—	COM	67066G104
HDB	HDFC BANK LTD	1,026,232	$26.51M	1.1%	$25.83	—	—	SPONSORED ADS	40415F101
MSFT	MICROSOFT CORP	66,415	$24.77M	1.0%	$373.02	—	—	COM	594918104
TKO	TKO GROUP HOLDINGS INC	180,117	$36.26M	1.5%	$201.31	—	—	CL A	87256C101
UBER	UBER TECHNOLOGIES INC	59,464	$4.291M	0.2%	$72.16	—	—	COM	90353T100