Breaking down the stocks Neil Mehta (Greenoaks) bought, sold, and held in Q2 2025, including their holdings at the end of the quarter. All data sourced from Greenoaks' 13F filed on August 14, 2025.
Who is Greenoaks?
Greenoaks is a concentrated investment firm founded in 2012 by Neil Mehta, a former Benchmark partner. The firm maintains the conviction that only a small handful of companies truly define each generation. With approximately $7 billion under management, Greenoaks employs a high-conviction, research-intensive approach to identify these exceptional businesses across both private and public markets. Mehta's strategy involves building deep partnerships with intensely focused management teams and maintaining positions for decades as these companies execute their long-term vision.
Greenoaks.com
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Q2 '25 13F filed with SEC
Portfolio Changes in Q2 2025
New positions
Greenoaks did not establish any new positions during Q2 2025.
Bought
Greenoaks added to three existing positions during the quarter, with the largest increase being 1.5 million shares of Coupang (CPNG), bringing their total stake to over 15.3 million shares. The firm also modestly increased holdings in ServiceTitan (TTAN) by 58,309 shares and Klaviyo (KVYO) by 28,784 shares.
Sold
Greenoaks reduced positions in three holdings, with the most significant trim being 656,508 shares of Toast (TOST), reducing their stake to approximately 1.56 million shares. The firm also pared back positions in Carvana (CVNA) by 207,000 shares and substantially reduced their Procore Technologies (PCOR) holding by 109,693 shares to just 63,740 shares.
Holdings at the end of Q2 2025
| Ticker | Company | Weight | Change | Value |
|---|---|---|---|---|
| CVNA | Carvana | 71.6% | Trimmed (-4%) | $1906.36B |
| CPNG | Coupang | 17.3% | Added (+11%) | $460.72B |
| TTAN | ServiceTitan | 3.4% | Added (+7%) | $91.2B |
| KVYO | Klaviyo | 3.0% | Added (+1%) | $78.76B |
| TOST | Toast | 2.6% | Trimmed (-30%) | $69.17B |
| AMZN | Amazon | 2.0% | $53.09B | |
| PCOR | Procore Technologies | 0.2% | Trimmed (-63%) | $4.36B |
Disclaimer: All posts are for informational purposes only. They are NOT a recommendation to buy or sell the securities discussed. Please do your own research and due diligence before investing your money.
