Paradigm Operations LP

Q1 2025 13F Holdings Report, Stock Holdings

Holdings as of: 31 Mar 2025
13F market value: $710,971,124
13F holdings: 1
Largest 13F holdings: COIN
What this filing covers: Period
Q1 2025
Calendar quarter covered by the filing.
13F holdings
1
Parsed equity rows, excluding option-only view rows.
Reported value
$710,971,124
SEC Form 13F market value, not total AUM.
Accepted by SEC
15 May 2025
EDGAR acceptance date.
How to read this filing
Start with the largest positions and changes, then open issuer-level rows for CUSIP-specific history.
Form 13F market value excludes cash and many non-13F assets, so it should not be treated as total assets under management.
SEC classifies this as a holdings report: this manager reports its visible U.S.-listed equity holdings in this filing.
Signature and title: Alexandru Popescu - Chief Compliance Officer
Location: San Francisco, CA
Accepted by SEC: 15 May 2025, 06:18:25 UTC
Form type: 13F-HR
Previous filing: Q4 2024 - 14 Feb 2025
Next filing: Q2 2025 - 14 Aug 2025
SEC filing: View on sec.gov

Key filing fact

Paradigm Operations LP reported $710,971,124 across 1 holdings in Q1 2025.

Key facts

Paradigm Operations LP reported 13f holdings report, stock holdings for Q1 2025.
13F holdings value: $710,971,124.
1 holdings are listed in this filing snapshot.

Change

Previous comparable filing: Q4 2024.
Value moved from $1,024,990,594 to $710,971,124.

Research use

This filing-level page explains what the portfolio report tells you before the holdings table.
You can cite quarter, value, and filing timestamp directly from SEC-linked data.

Evidence

Backed by Form 13F

Portfolio-level numbers on this page come from the original SEC Form 13F filing.

See Original Filing

13F holdings

Security, weight, value, share count, and activity in one filing-backed table.

Holdings

Value

$710,971,124

Period

Q1 2025

Sym	Weight	Trade Impact	Company	Class	Share Change	Activity	Value change	SEC-reported value	SEC-reported price	Shares	Principal

This view compares filing 2025 Q1 with 2024 Q4. Changes are calculated against the previous SEC filing.

Compare Q1 2025 to

SEC-reported price is the security price as of the portfolio date and can indicate the last known price at which the security was still held.
^* marks a reported price that did not pass the local price check.

Person Signing this Report on Behalf of Reporting Manager:

Name	Title	City, State	Date
Alexandru Popescu	Chief Compliance Officer	San Francisco, California	15 May 2025