Ragnarok · Q2 2026
The Ragnarok portfolio
Private access. Public discipline. One portfolio built to own the transition from old systems to new.
Data as of June 30, 2026
GROSS FAIR VALUE$602.5M 4.8% this quarter
COST BASIS$392.6M1.53× gross MOIC
ACTIVE HOLDINGS208 public · 12 private
REALIZED VALUE$39.0M3 exited positions
THE RAGNAROK CROSSOVER
Private access. Public discipline.
One portfolio built to own the transition from old systems to new.
| Company | Type | Sector | Cost basis | Fair value | Day | Total return | |
|---|---|---|---|---|---|---|---|
NV NVIDIANVDA | Public | AI Infrastructure | $28.4M | $54.8M | +1.82% | +92.9% | |
PA PalantirPLTR | Public | Enterprise AI | $18.6M | $35.2M | -0.43% | +89.2% | |
CR CrowdStrikeCRWD | Public | Cybersecurity | $22.1M | $31.7M | +0.76% | +43.4% | |
CL CloudflareNET | Public | Cloud Infrastructure | $20.3M | $27.9M | +2.14% | +37.4% | |
DA DatadogDDOG | Public | Developer Tools | $19.2M | $23.6M | -1.06% | +22.9% | |
SN SnowflakeSNOW | Public | Data Infrastructure | $23.8M | $21.4M | +0.19% | -10.1% | |
ME MercadoLibreMELI | Public | Fintech | $17.6M | $29.3M | +0.91% | +66.5% | |
SE ServiceNowNOW | Public | Enterprise Software | $15.9M | $22.7M | +0.34% | +42.8% | |
SP SpaceXPrivate mark | Private | Aerospace | $31.0M | $58.0M | — | +87.1% | |
AN AnthropicPrivate mark | Private | Artificial Intelligence | $26.5M | $47.0M | — | +77.4% | |
ST StripePrivate mark | Private | Fintech | $29.0M | $42.5M | — | +46.6% | |
DA DatabricksPrivate mark | Private | Data Infrastructure | $24.0M | $39.8M | — | +65.8% | |
AN AndurilPrivate mark | Private | Defense Technology | $18.4M | $34.1M | — | +85.3% | |
FI FigmaPrivate mark | Private | Collaboration | $17.0M | $26.3M | — | +54.7% | |
RI RipplingPrivate mark | Private | Enterprise Software | $15.2M | $24.7M | — | +62.5% | |
RA RampPrivate mark | Private | Fintech | $12.8M | $21.1M | — | +64.8% | |
SC Scale AIPrivate mark | Private | Artificial Intelligence | $13.6M | $18.9M | — | +39.0% | |
CA CanvaPrivate mark | Private | Collaboration | $16.8M | $22.5M | — | +33.9% | |
VE VercelPrivate mark | Private | Developer Tools | $10.4M | $15.8M | — | +51.9% | |
OP OpenSeaPrivate mark | Private | Consumer | $12.0M | $5.2M | — | -56.7% | |
GI GitLabGTLB | Public | Developer Tools | $12.4M | $18.2M | +1.31% | +46.8% | |
UI UiPathPATH | Public | Automation | $11.3M | $9.6M | -0.72% | -15.0% | |
BR BrexPrivate mark | Private | Fintech | $9.5M | $11.2M | — | +17.9% |