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Livermore
Livermore
ZHEN

GGV Capital LLC

SEC CIK
0001829132
Latest filing
Feb 14, 2025

The latest 13F from GGV Capital LLC covers Q4 2024 (filed Feb 14, 2025): 8 long positions worth $114.5M. The top 10 holdings make up 100.0% of the portfolio, and the largest is Ibotta, Inc. (IBTA) at 32.1%. Livermore has 13 filings on Form 13F from this institution, going back to Q4 2021.

What changed in Q4 2024

Share counts compared with Q3 2024: how many positions were new, added to, reduced or sold out, and the biggest buys and sells. Dollar amounts are estimated at the quarter-end prices implied by the filing.

Full comparison
New
1
Est. +$6.51M
Added
1
Est. +$21.3M
Reduced
4
Est. −$16.1M
Sold out
1
Est. −$3.01M

Top 5 holdings

Share of this quarter's portfolio value

  1. IBTAIbotta, Inc.
    32.1%$36.7MHistory
  2. BZKanzhun Ltd
    28.5%$32.7MHistory
  3. HCPHashiCorp, Inc.
    19.7%$22.5MHistory
  4. OPENOpendoor Technologies Inc.
    6.1%$7.02MHistory
  5. TTANServiceTitan, Inc.
    5.7%$6.51MHistory

Share of portfolio

Top 5 holdings and the other 3 positions, by share of portfolio value

  1. IBTA32.1%
  2. BZ28.5%
  3. HCP19.7%
  4. OPEN6.1%
  5. TTAN5.7%
  6. Other 3 positions7.9%

Biggest buys

New and added positions, by estimated amount bought

  1. BZKanzhun Ltd
    +$21.3MAddedHistory
  2. TTANServiceTitan, Inc.
    +$6.51MNewHistory

Largest weight increases

New and added positions, by percentage points of the portfolio gained

  1. BZKanzhun Ltd
    +15.17 pp13.3% → 28.5%History
  2. TTANServiceTitan, Inc.
    +5.69 pp0.0% → 5.7%History

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. OPENOpendoor Technologies Inc.
    −$6.70MReducedHistory
  2. IBTAIbotta, Inc.
    −$4.39MReducedHistory
  3. APIAgora, Inc.
    −$3.87MReducedHistory
  4. GRABGrab Holdings Ltd
    −$3.01MSold outHistory
  5. HEREHere Group Ltd
    −$1.19MReducedHistory

Largest weight decreases

Reduced and sold-out positions, by percentage points of the portfolio lost

  1. OPENOpendoor Technologies Inc.
    −9.85 pp16.0% → 6.1%History
  2. IBTAIbotta, Inc.
    −4.21 pp36.3% → 32.1%History
  3. GRABGrab Holdings Ltd
    −2.80 pp2.8% → 0.0%History
  4. HEREHere Group Ltd
    −1.83 pp6.2% → 4.4%History
  5. APIAgora, Inc.
    −1.05 pp3.8% → 2.7%History

Metrics

13F metrics for Q4 2024, computed only from the numbers in the filings. Definitions below.

Portfolio value
$114.5M
+$7.21M (+6.7%) vs. prior quarter
Positions
8
0 vs. prior quarter
Top 10 concentration
100.0%
Top 10 as share of value
Turnover
17.3%
Q4 2024, one quarter
Average holding period
8.4 quarters
Weighted by value

How these are calculated

  • Portfolio value: the market value of all long positions in the 13F, as reported at quarter end, excluding options.
  • Top 10 concentration: the combined value of the 10 largest positions as a share of portfolio value.
  • Turnover: the smaller of this quarter's estimated purchases and estimated sales, divided by the average of this and last quarter's portfolio value. Estimates multiply the change in shares by the quarter-end price implied by the filing (market value divided by shares); new positions use this quarter's value and sold-out positions last quarter's. Only positions reported in shares count, and it is not calculated when the previous quarter was not filed.
  • Average holding period: how many consecutive quarters each current position has been held (including this one; a quarter without the position or without a filing starts the count over), weighted by this quarter's value. Counting starts with the first 13F in Livermore (Q4 2021), so positions held before then are understated.

13F filings by quarter

13 quarters, going back to Q4 2021. Bars show each quarter's 13F portfolio value; quarters without a filing are left blank.

Peak $1.21B (Q4 2021)

Q4 2021: $1.21BQ1 2022: $721.7MQ2 2022: $418.8MQ3 2022: $313.9MQ4 2022: $273.9MQ1 2023: $188.2MQ2 2023: $145.6MQ3 2023: $90.8MQ4 2023: $100.8MQ1 2024: $115.4MQ2 2024: $135.4MQ3 2024: $107.3MQ4 2024: $114.5M
Q4 2021Q4 2024
13F filings of GGV Capital LLC by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q4 2024Feb 14, 20258$114.5MIBTABZHCPvs. Q3 2024SEC
Q3 2024Nov 7, 20248$107.3MIBTAHCPOPENvs. Q2 2024SEC
Q2 2024Aug 13, 202411$135.4MIBTAOPENHCPvs. Q1 2024SEC
Q1 2024May 10, 20249$115.4MBZOPENHCPvs. Q4 2023SEC
Q4 2023Feb 14, 20249$100.8MOPENHCPBZvs. Q3 2023SEC
Q3 2023Nov 14, 20239$90.8MOPENBZHCPvs. Q2 2023SEC
Q2 2023Aug 14, 20239$145.6MOPENBZHCPvs. Q1 2023SEC
Q1 2023May 15, 202311$188.2MSNOWBZAFRMvs. Q4 2022SEC
Q4 2022Feb 14, 202312$273.9MPOSHSNOWXPEVvs. Q3 2022SEC
Q3 2022Nov 9, 202211$313.9MOPENSNOWPOSHvs. Q2 2022SEC
Q2 2022Jul 28, 202213$418.8MOPENBZContextLogic Inc.vs. Q1 2022SEC
Q1 2022May 13, 202215$721.7MOPENAFRMSNOWvs. Q4 2021SEC
Q4 2021Feb 14, 202216$1.21BOPENAFRMContextLogic Inc.–SEC

13D and 13G filings

Companies where GGV Capital LLC reports owning 5% or more on Schedule 13D or 13G, and its latest filings.

Current stakes of 5% or more

GGV Capital LLC does not currently report owning 5% or more of any company.

Latest filings

1 filing on file made by GGV Capital LLC or listing it as a reporting person, newest first.

Schedule 13D and 13G filings by GGV Capital LLC
CompanyFiled (ET)FilerFormStakeChangeEvent dateFiling
HCPHashiCorp, Inc.May 15, 20255:24 PM ETGGV Capital V L.P.and 14 others13G/A0.00%0 shares–Below 5%Mar 31, 2025SEC