Paradigm Operations LP
San Francisco, CA
$1.0bn in 4 US stocks at the end of 30 June 2026. The top 10 are 100.0% of the money. It changed about 20.5% of the portfolio this quarter.
Value
$1.0bn
Stocks
4
Top 10 share
100.0%
Turnover
20.5%
What changed this quarter
New
Bought for the first time this quarter.
- Amber Intl HldgAMBR4.5% of the fund
Added
Bought more of a stock they already held.
- Robinhood MarketsHOOD46.0% of the fund+10%
Cut
Sold some of their stake.
- Coinbase GlobalCOIN45.1% of the fund-11%
Sold out
Sold their entire stake.
None this quarter.
Holdings
- Amber Intl HldgAMBR
- Share
- 4.5%
- Value
- $46m
- Shares
- 30,889,261
New
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| Robinhood MarketsHOOD | 46.0% | $475m | 4,734,616 | +10% |
| Coinbase GlobalCOIN | 45.1% | $466m | 3,185,297 | -11% |
| Amber Intl HldgAMBR | 4.5% | $46m | 30,889,261 | New |
| Hyperliquid StrategiesPURR | 4.4% | $45m | 5,709,852 | Held |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is down 41.3% since 30 June 2025.
Where the money is
Financial services95.5%
Other4.5%
From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.