Investor: Jon Winkelried & Jim Coulter
Number of Assets: 17
Reporting Period: Q4 - 2025
Holdings at Report: $14,010,268,180
Return Since Report: -$3,479,689,533
Return Since Report: -24.84%
Company | Position | Activity | Shares | Port. % | Rep. Price | Curr. Price | Rep. Value | Curr. Value | Return Value | Return % |
|---|---|---|---|---|---|---|---|---|---|---|
| Airbnb Inc. (ABNB) | Equity | +100% | 510,666 | 0.50% | $135.72 | $126.11 | $69,307,590 | $64,400,089 | -$4,907,501 | -7.08% |
| Amplitude Inc. (AMPL) | Equity | 0% | 2,798,951 | 0.23% | $11.58 | $6.82 | $32,411,853 | $19,088,846 | -$13,323,007 | -41.11% |
| Aurora Innovation Inc. (AUR) | Equity | +100% | 8,809,941 | 0.24% | $3.84 | $4.13 | $33,830,173 | $36,385,056 | +$2,554,883 | +7.55% |
| KE Holdings Inc. (BEKE) | Equity | 0% | 2,192,982 | 0.25% | $15.76 | $14.95 | $34,561,396 | $32,774,116 | -$1,787,280 | -5.17% |
| Bitdeer Technologies Group (BTDR) | Equity | 0% | 138,168 | 0.01% | $11.21 | $8.64 | $1,548,863 | $1,193,772 | -$355,091 | -22.93% |
| Block Inc. (XYZ) | Equity | 0% | 990,778 | 0.46% | $65.09 | $60.46 | $64,489,741 | $59,902,438 | -$4,587,303 | -7.11% |
| Chime Financial Inc. (CHYM) | Equity | +0.13% | 1,449,730 | 0.26% | $25.17 | $18.73 | $36,489,704 | $27,153,443 | -$9,336,261 | -25.59% |
| Bridgebio Pharma Inc. (BBIO) | Equity | 0% | 1,860,364 | 1.02% | $76.49 | $74.60 | $142,299,242 | $138,783,154 | -$3,516,088 | -2.47% |
| Doordash Inc. (DASH) | Equity | +1.62% | 31,686,624 | 51.44% | $226.48 | $150.82 | $7,176,386,604 | $4,778,976,632 | -$2,397,409,972 | -33.41% |
| Figma INC | Equity | 0% | 25,261,320 | 6.77% | $37.37 | N/A | $944,015,529 | N/A | N/A | N/A |
| Full Truck Alliance Co. Ltd. (YMM) | Equity | 0% | 13,057,904 | 1.00% | $10.73 | $8.30 | $140,111,310 | $108,315,314 | -$31,795,996 | -22.69% |
| Maplebear Inc. (CART) | Equity | -0.07% | 27,995,267 | 9.03% | $44.98 | $37.54 | $1,259,227,109 | $1,050,942,323 | -$208,284,786 | -16.54% |
| Klarna Group PLC | Equity | 0% | 55,029,211 | 11.40% | $28.91 | N/A | $1,590,894,490 | N/A | N/A | N/A |
| PDD Holdings Inc. (PDD) | Equity | 0% | 8,841,576 | 7.19% | $113.39 | $102.18 | $1,002,546,302 | $903,432,236 | -$99,114,066 | -9.89% |
| Unity Software Inc. (U) | Equity | -0.04% | 31,920,048 | 10.11% | $44.17 | $22.00 | $1,409,908,520 | $702,081,456 | -$707,827,064 | -50.20% |
| Unity Software Inc. | Bond | +100% | 60,000,000 | N/A | $1.00 | N/A | $60,000,000 | N/A | N/A | N/A |
| VIA Transn INC | Equity | 0% | 421,915 | 0.09% | $29.01 | N/A | $12,239,754 | N/A | N/A | N/A |