The Private Shares Fund

Fund Profile

Fund profile

Fund manager

Total assets

$910.58 mm

Liabilities

$829.50 k

Net assets

$909.75 mm

Number of holdings

156.00

156 Holdings

As of Sep 2024

Security	$Holding	Balance	% of Fund	Category	Position	Country
UMB MONEY MARKET II SPECIAL /	52.83 mm	52.83 mm principal	5.81	Short-term investment vehicle	Long	USA
SPACE EXPLORATION TECHNOLOGIES CORP. COMMON SHARES /	40.36 mm	360.33 k shares	4.44	Common equity	Long	USA
GRUBMARKET, INC. PREFERRED E SHARES /	34.66 mm	1.52 mm shares	3.81	Preferred equity	Long	USA
BETTERMENT HOLDINGS, INC. COMMON SHARES /	24.51 mm	1.46 mm shares	2.69	Common equity	Long	USA
ARCTIC WOLF NETWORKS, INC. COMMON SHARES /	22.30 mm	2.07 mm shares	2.45	Common equity	Long	USA
NEXTROLL, INC. COMMON SHARES /	21.63 mm	2.37 mm shares	2.38	Common equity	Long	USA
DISCORD INC. COMMON SHARES /	19.82 mm	45.69 k shares	2.18	Common equity	Long	USA
LOOKOUT,, Inc. COMMON SHARES /	19.25 mm	1.87 mm shares	2.12	Common equity	Long	USA
AXIOM SPACE PREFERRED C1 /	17.77 mm	108.73 k shares	1.95	Preferred equity	Long	USA
NANOTRONICS IMAGING, INC. PREFERRED SERIES F-2 /	16.90 mm	90.89 k shares	1.86	Preferred equity	Long	USA
NEUTRON HOLDINGS, INC. (D.B.A. LIME) 4% 10/29/2025 CONV /	16.40 mm	15.00 mm principal	1.80	Debt	Long	USA
TRADESHIFT HOLDINGS INC. SERIES E PREFERRED SHARES /	15.96 mm	910.18 k shares	1.75	Preferred equity	Long	USA
GRUBMARKET, INC. PREFERRED F SHARES /	15.90 mm	697.53 k shares	1.75	Preferred equity	Long	USA
EQUIPMENTSHARE.COM INC. COMMON SHARES /	15.74 mm	694.80 k shares	1.73	Common equity	Long	USA
CROSSOVER HEALTH MANAGEMENT SERVICES, INC. PREFERRED CLASS D /	15.54 mm	280.23 k shares	1.71	Preferred equity	Long	USA
MOTIVE TECHNOLOGIES, INC. (F.K.A. KEEP TRUCKIN, INC.) SERIES F PREFERRED /	15.29 mm	1.92 mm shares	1.68	Preferred equity	Long	USA
NANOTRONICS IMAGING COMMON SHARES /	14.22 mm	76.50 k shares	1.56	Common equity	Long	USA
DATABRICKS, INC. SERES G /	13.43 mm	182.66 k shares	1.48	Preferred equity	Long	USA
UPGRADE, Inc. PREFERRED SERIES C-1 /	13.19 mm	3.29 mm shares	1.45	Preferred equity	Long	USA
SINGLESTORE, INC. COMMON SHARES /	13.13 mm	2.15 mm shares	1.44	Common equity	Long	USA
DATAMINR COMMON SHARES /	12.90 mm	567.04 k shares	1.42	Common equity	Long	USA
CAASTLE INC. PREFERRED A-12 /	12.63 mm	1.80 mm shares	1.39	Preferred equity	Long	USA
CONTRAST SECURITY PREFERRED SERIES C /	12.62 mm	1.16 mm shares	1.39	Preferred equity	Long	USA
BRAIN CORPORATION COMMON SHARES /	12.54 mm	2.38 mm shares	1.38	Common equity	Long	USA
CIRCLE INTERNET FINANCIAL LTD. COMMON SHARES COMMON SHARES /	12.39 mm	290.20 k shares	1.36	Common equity	Long	USA
EPIC GAMES COMMON SHARES /	10.59 mm	17.17 k shares	1.16	Common equity	Long	USA
TMGCORE, Inc. 4% 8/11/2026 /	10.49 mm	10.48 mm principal	1.15	Debt	Long	USA
GRUBMARKET, INC. /	10.04 mm	440.74 k shares	1.10	Preferred equity	Long	USA
DEVOTED HEALTH COMMON SHARES /	10.00 mm	177.78 k shares	1.10	Common equity	Long	USA
RELATIVITY SPACE, INC. COMMON SHARES /	9.93 mm	437.92 k shares	1.09	Common equity	Long	USA
RELATIVITY SPACE, INC. PREFERRED SERIES E /	9.93 mm	437.92 k shares	1.09	Preferred equity	Long	USA
CONTRAST SECURITY PREFERRED SERIES A /	8.98 mm	828.51 k shares	0.99	Preferred equity	Long	USA
PAYWARD, INC. (D.B.A. KRAKEN) PREFERRED A SHARES /	8.83 mm	262.21 k shares	0.97	Preferred equity	Long	USA
Goldman Sachs Financial Square Government Fund, Class Institutional	8.61 mm	8.61 mm principal	0.95	Short-term investment vehicle	Long	USA
VOYAGER SPACE HOLDINGS, INC. PREFERRED CLASS B /	8.42 mm	192.06 k shares	0.93	Preferred equity	Long	USA
LOADSMART, INC. SERIES D PREFERRED /	8.41 mm	500.00 k shares	0.92	Preferred equity	Long	USA
FUNDBOX LTD. PREFERRED /	8.29 mm	531.91 k shares	0.91	Preferred equity	Long	Israel
CAASTLE INC. COMMON SHARES /	8.23 mm	1.17 mm shares	0.90	Common equity	Long	USA
CEREBRAS SYSTEMS INC. COMMON SHARES /	8.13 mm	309.81 k shares	0.89	Common equity	Long	USA
EQUIPMENTSHARE.COM INC. PREFERRED SERIES E /	7.32 mm	323.06 k shares	0.80	Preferred equity	Long	USA
FUNDBOX LTD. SHARES /	6.85 mm	439.55 k shares	0.75	Preferred equity	Long	Israel
LEARNEO, INC. (F.K.A. COURSE HERO, INC.) COMMON SHARES /	6.77 mm	270.00 k shares	0.74	Common equity	Long	USA
BETA TECHNOLOGIES, INC. PREFERRED SERIES B /	6.66 mm	58.16 k shares	0.73	Preferred equity	Long	USA
IMPOSSIBLE FOODS SERIES E-1 PREFERRED /	6.58 mm	400.00 k shares	0.72	Preferred equity	Long	USA
ROOFSTOCK, INC. SERIES E PREFERRED SHARES /	6.57 mm	339.15 k shares	0.72	Preferred equity	Long	USA
COLOR HEALTH COMMON SHARES /	6.44 mm	139.49 k shares	0.71	Common equity	Long	USA
OMADA HEALTH, INC. SERIES E /	6.41 mm	1.33 mm shares	0.70	Preferred equity	Long	USA
MOTIVE TECHNOLOGIES, INC. (F.K.A. KEEP TRUCKIN, INC.) COMMON SHARES /	6.27 mm	788.56 k shares	0.69	Common equity	Long	USA
IMPOSSIBLE FOODS COMMON SHARES /	6.14 mm	373.25 k shares	0.68	Common equity	Long	USA
TURO INC. PREF D1 TURO PREF D1 /	5.99 mm	314.02 k shares	0.66	Preferred equity	Long	USA
VERBIT, INC. PREFERRED SERIES E-1 /	5.69 mm	423.72 k shares	0.63	Preferred equity	Long	USA
INRIX, Inc.. CLASS C /	5.63 mm	133.24 k shares	0.62	Common equity	Long	USA
INVAIO SCIENCES SPV PREF C SHARES /	5.44 mm	1.06 mm shares	0.60	Preferred equity	Long	USA
TANIUM INC. COMMON SHARES /	5.36 mm	640.00 k shares	0.59	Common equity	Long	USA
BETTERMENT HOLDINGS, INC. PERFERRED SERIES F /	5.35 mm	318.38 k shares	0.59	Preferred equity	Long	USA
TRADESHIFT HOLDINGS INC. VARIABLE 11/22/23 /	5.32 mm	5.00 mm principal	0.58	Debt	Long	USA
TRADESHIFT HOLDINGS INC. 5% 3/25/2024 /	5.30 mm	5.00 mm principal	0.58	Debt	Long	USA
CONTENT SQUARE SAS COMMON SHARES /	5.08 mm	544.91 k shares	0.56	Common equity	Long	France
MOTIVE TECHNOLOGIES, INC. (F.K.A. KEEP TRUCKIN, INC.) SERIES E PREFERRED /	5.08 mm	638.84 k shares	0.56	Preferred equity	Long	USA
FARMERS BUSINESS NETWORK, INC. PREFERRED /	5.04 mm	128.70 k shares	0.55	Preferred equity	Long	USA
CONSENSYS SOFTWARE INC. PREFERRED SERIES D /	5.00 mm	35.70 k shares	0.55	Preferred equity	Long	USA
X.AI, CORP. PREFERRED SERIES B /	5.00 mm	417.71 k shares	0.55	Preferred equity	Long	USA
AXIOM SPACE PREFERRED B /	4.88 mm	32.22 k shares	0.54	Preferred equity	Long	USA
DOMINO DATA LAB, INC. COMMON SHARES /	4.84 mm	330.00 k shares	0.53	Common equity	Long	USA
BETA TECHNOLOGIES, INC. SERIES A /	4.69 mm	40.94 k shares	0.52	Preferred equity	Long	USA
AXIOM SPACE COMMON SHARES /	4.48 mm	29.54 k shares	0.49	Common equity	Long	USA
SNYK LTD. COMMON SHARES /	4.45 mm	392.71 k shares	0.49	Common equity	Long	UK
CONSENSYS SOFTWARE INC. COMMON SHARES /	4.34 mm	31.01 k shares	0.48	Common equity	Long	USA
THOUGHTSPOT COMMON COMMON SHARES /	4.33 mm	162.09 k shares	0.48	Common equity	Long	USA
FLEXPORT, Inc. SERIES A /	4.05 mm	580.17 k shares	0.45	Preferred equity	Long	USA
CLICK THERAPEUTICS C COMMON SHARES /	3.91 mm	1.00 mm shares	0.43	Common equity	Long	USA
HYDROW, INC. PREFERRED SERIES D /	3.80 mm	435.30 k shares	0.42	Preferred equity	Long	USA
FLEXPORT, Inc. COMMON SHARES /	3.76 mm	538.39 k shares	0.41	Common equity	Long	USA
PAYWARD, INC. (D.B.A. KRAKEN) COMMON SHARES /	3.54 mm	105.22 k shares	0.39	Common equity	Long	USA
VERBIT, INC. PREFERRED SERIES B /	3.52 mm	288.18 k shares	0.39	Preferred equity	Long	USA
ERUDITUS LEARNING SOLUTIONS PTE. LTD. COMMON SHARES /	3.49 mm	36.26 k shares	0.38	Common equity	Long	Singapore
NORTHGATE GROWTH FUND III /	3.49 mm	3.45 mm shares	0.38		Long	USA
LYST LTD. PREFERRED SERIES E /	3.45 mm	401.93 k shares	0.38	Preferred equity	Long	UK
DREMIO CORPORATION PREFERRED SERIES E /	3.32 mm	469.59 k shares	0.36	Preferred equity	Long	USA
NANOTRONICS IMAGING 5% 4/25/2025 /	3.31 mm	3.00 mm principal	0.36	Debt	Long	USA
CLEARMOTION PREFERRED A-4 /	3.24 mm	12.95 mm shares	0.36	Preferred equity	Long	USA
IMPOSSIBLE FOODS INC. SERIES H1 PREFERRED /	3.14 mm	153.49 k shares	0.35	Preferred equity	Long	USA
CIBO TECHNOLOGIES, INC. PREFERRED SERIES C /	3.00 mm	600.00 k shares	0.33	Preferred equity	Long	USA
OCROLUS INC. SERIES C PREFERRED SHARES /	2.99 mm	438.33 k shares	0.33	Preferred equity	Long	USA
WITRICITY HOLDINGS, INC. PREFERRED SERIES A /	2.89 mm	1.00 mm shares	0.32	Preferred equity	Long	USA
OPENX SOFTWARE LTD. COMMON /	2.87 mm	2.90 mm shares	0.32	Common equity	Long	UK
Trax Ltd. PRE IPO SHARES /	2.77 mm	76.72 k shares	0.30	Preferred equity	Long	Cayman Islands
UPGRADE, Inc. COMMON SHARES /	2.65 mm	661.05 k shares	0.29	Common equity	Long	USA
COHERE TECHNOLOGIES, INC. PREFERRED SERIES D-2 /	2.62 mm	386.04 k shares	0.29	Preferred equity	Long	USA
CYBEREASON INC. PREFERRED SERIES F /	2.54 mm	1.51 mm shares	0.28	Preferred equity	Long	USA
CHECKR, INC. PREFERRED A-1 /	2.49 mm	150.00 k shares	0.27	Preferred equity	Long	USA
RADIAN AEROSPACE INC. SERIES SEED 2 /	2.42 mm	607.34 k shares	0.27	Preferred equity	Long	USA
Trax Ltd. COMMON SHARES /	2.41 mm	149.97 k shares	0.26	Common equity	Long	Cayman Islands
COLLECTIVE HEALTH PREFERRED SERIES F /	2.35 mm	3.99 mm shares	0.26	Preferred equity	Long	USA
RIPPLE LABS INC. PREFERRED SHARES A /	2.35 mm	42.00 k shares	0.26	Preferred equity	Long	USA
CONTENT SQUARE SAS SERIES F PREFERRED /	2.26 mm	160.41 k shares	0.25	Preferred equity	Long	France
PAYWARD, INC. (D.B.A. KRAKEN) SERIES SEED /	2.26 mm	67.00 k shares	0.25	Preferred equity	Long	USA
TEALIUM INC. COMMON SHARES /	2.21 mm	200.00 k shares	0.24	Common equity	Long	USA
LOOKOUT, Inc. /	2.10 mm	204.00 k shares	0.23	Preferred equity	Long	USA
DATAMINR SERIES B /	1.99 mm	87.50 k shares	0.22	Preferred equity	Long	USA
COHERE TECHNOLOGIES, INC. PREFERRED SERIES D-1 /	1.95 mm	279.57 k shares	0.21	Preferred equity	Long	USA
AUTOMATION ANYWHERE, INC. COMMON SHARES /	1.91 mm	189.45 k shares	0.21	Common equity	Long	USA
FARMERS BUSINESS NETWORK, INC. COMMON /	1.85 mm	119.68 k shares	0.20	Common equity	Long	USA
TRADESHIFT HOLDINGS INC. 12% 4/3/2025 /	1.84 mm	2.23 mm principal	0.20	Debt	Long	USA
CARBON, INC. COMMON SHARES /	1.60 mm	158.85 k shares	0.18	Common equity	Long	USA
TEBRA TECHNOLOGIES, INC. (F.K.A. KAREO, INC.) COMMON SHARES /	1.44 mm	190.01 k shares	0.16	Common equity	Long	USA
MALWAREBYTES INC. COMMON SHARES /	1.35 mm	134.90 k shares	0.15	Common equity	Long	USA
NEUTRON HOLDINGS, INC. (D.B.A. LIME) PREFERRED D SHARES /	1.27 mm	20.62 mm shares	0.14	Preferred equity	Long	USA
TRADESHIFT HOLDINGS INC. WARRANTS /	1.19 mm	427.59 k contracts	0.13	Equity derivative	N/A	USA
ROOFSTOCK, INC. COMMON SHARES /	1.16 mm	127.23 k shares	0.13	Common equity	Long	USA
IMPOSSIBLE FOODS INC. SERIES H2 PREFERRED /	1.09 mm	53.39 k shares	0.12	Preferred equity	Long	USA
XPLORE INC. SIMPLE AGREEMENT /	1.00 mm	1.00 mm shares	0.11		Long	USA
YANKA INDUSTRIES, INC. (D.B.A. MASTERCLASS) SERIES 1 PREFERRED SHARES /	988.67 k	193.10 k shares	0.11	Preferred equity	Long	USA
WITRICITY HOLDINGS, INC. PREFERRED SERIES B /	983.10 k	333.25 k shares	0.11	Preferred equity	Long	USA
TEBRA TECHNOLOGIES, INC. (F.K.A. KAREO, INC.) SERIES SEED 2 /	937.31 k	123.82 k shares	0.10	Preferred equity	Long	USA
1661, INC. (D.B.A. GOAT) PREFERRED SERIES C /	923.10 k	237.91 k shares	0.10	Preferred equity	Long	USA
DREMIO CORPORATION COMMON SHARES /	913.32 k	166.66 k shares	0.10	Common equity	Long	USA
1661, INC. (D.B.A. GOAT) PREFERRED SERIES B /	898.95 k	231.69 k shares	0.10	Preferred equity	Long	USA
VERBIT, INC. PREFERRED SERIES SEED 2 /	794.95 k	65.00 k shares	0.09	Preferred equity	Long	USA
ZOCDOC COMMON /	653.48 k	61.02 k shares	0.07	Common equity	Long	USA
CLEARMOTION PREFERRED B /	621.19 k	2.48 mm shares	0.07	Preferred equity	Long	USA
EXABEAM PREFERRED SERIES A /	618.40 k	80.00 k shares	0.07	Preferred equity	Long	USA
TRADESHIFT HOLDINGS INC. WARRANTS /	596.49 k	213.80 k contracts	0.07	Equity derivative	N/A	USA
TRADESHIFT HOLDINGS INC. WARRANTS /	596.49 k	213.80 k contracts	0.07	Equity derivative	N/A	USA
VERBIT, INC. PREFERRED SERIES A /	582.64 k	47.64 k shares	0.06	Preferred equity	Long	USA
FLEXPORT, Inc. SERIES D-3 /	576.64 k	82.61 k shares	0.06	Preferred equity	Long	USA
1661, INC. (D.B.A. GOAT) PREFERRED SERIES A-7 /	568.40 k	146.50 k shares	0.06	Preferred equity	Long	USA
CLEARMOTION PREFERRED A-3 /	518.97 k	2.08 mm shares	0.06	Preferred equity	Long	USA
TRADESHIFT HOLDINGS INC. 0% 9/5/2026 /	500.00 k	500.00 k principal	0.05	Debt	Long	USA
VOYAGER SPACE HOLDINGS, Inc. PREFERRED CLASS C /	499.99 k	11.41 k shares	0.05	Preferred equity	Long	USA
DEVOTED HEALTH PREFERRED E SHARES /	499.95 k	8.89 k shares	0.05	Preferred equity	Long	USA
1661, INC. (D.B.A. GOAT) COMMON SHARES /	497.21 k	128.15 k shares	0.05	Common equity	Long	USA
FLEXPORT, Inc. SERIES B-1 /	487.13 k	69.79 k shares	0.05	Preferred equity	Long	USA
WITRICITY HOLDINGS, INC. COMMON SHARES /	481.67 k	166.67 k shares	0.05	Common equity	Long	USA
DATAMINR SERIES A /	455.00 k	20.00 k shares	0.05	Preferred equity	Long	USA
1661, INC. (D.B.A. GOAT) PREFERRED SERIES A-1 /	436.74 k	112.56 k shares	0.05	Preferred equity	Long	USA
NEUTRON HOLDINGS, INC. (D.B.A. LIME) 4% 5/27/2027 CONV /	415.01 k	10.42 mm principal	0.05	Debt	Long	USA
GROUNDTRUTH, INC. COMMON SHARES	381.67 k	1.66 mm shares	0.04	Common equity	Long	USA
ZOCDOC PREFERRED A /	374.85 k	35.00 k shares	0.04	Preferred equity	Long	USA
EXABEAM COMMON SHARES /	369.94 k	47.86 k shares	0.04	Common equity	Long	USA
FARMERS BUSINESS 15% 9/28/25 /	350.00 k	350.00 k principal	0.04	Debt	Long	USA
CONTRAST SECURITY COMMON SHARES /	338.75 k	31.25 k shares	0.04	Common equity	Long	USA
CUBEFABS, INC. SIMPLE AGREEMENT FOR /	250.00 k	250.00 k shares	0.03		Long	USA
CLICK THERAPEUTICS PREFERRED A /	234.94 k	60.09 k shares	0.03	Preferred equity	Long	USA
CONTENT SQUARE SAS SERIES F WARRANTS /	204.90 k	14.55 k contracts	0.02	Equity derivative	N/A	France
GROUNDTRUTH, INC. PREFERRED B1 PREFERRED B-1 SHARES /	138.00 k	600.00 k shares	0.02	Preferred equity	Long	USA
EXABEAM PREFERRED SERIES F1 /	129.52 k	6.64 k shares	0.01	Preferred equity	Long	USA
TRUSPER INC. (D.B.A. MUSELY) /	118.54 k	7.96 k shares	0.01	Preferred equity	Long	USA
PROSPER MARKETPLACE, INC. PROSPER MARKETPLACE /	58.59 k	244.13 k shares	0.01	Common equity	Long	USA
NEUTRON HOLDINGS, INC. (D.B.A. LIME) WARRANTS /	24.90 k	1.02 mm contracts	0.00	Equity derivative	N/A	USA
DOCKER COMMON COMMON SHARES /	22.50 k	2.50 k shares	0.00	Common equity	Long	USA
PROSPER MKT PREF A PROSPER MKT PREF A /	15.51 k	55.40 k shares	0.00	Preferred equity	Long	USA
PROSPER MKT PREF A 1 PROSPER MKT PREF A 1 /	13.96 k	58.17 k shares	0.00	Preferred equity	Long	USA
1661, INC. (D.B.A. GOAT) PREFERRED SERIES A-5 /	9.29 k	2.39 k shares	0.00	Preferred equity	Long	USA
HYPERLOOP TECHNOLOGIES, INC. PERFERRED B1 SHARES /	0	1.38 k shares	0.00	Preferred equity	Long	USA
HYPERLOOP TECHNOLOGIES, INC. SERIES C SHARES /	0	4.33 k shares	0.00	Preferred equity	Long	USA