Meld Valuation / Venture NAV Tracker
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Venture NAV Tracker / Fund

The Private Shares Fund (PRIVX)

An interval fund holding late-stage venture-backed companies, with daily struck NAV and quarterly 5% repurchase offers.

Fund website ↗
Structureinterval fund
ExchangeN/A
NAV / share$49.02Jul 20, 2026 · source ↗
PricingNAV-pricedNo exchange trading, so no premium/discount
Net assets$1.2BJul 20, 2026 · source ↗

Latest observation

Struck NAV

Reported date shown below.

NAV / share$49.02Jul 20, 2026 · source ↗
Pricing basisNAV-pricedInterval fund — shares are issued and repurchased at NAV; no exchange trading, so no premium/discount.

Fund facts

Manager
Liberty Street Advisors, Inc.
NAV frequency
daily
Primary filing
N-PORT
Expense ratio
+2.7%

Schedule of investments

Latest disclosed positions

Jul 20, 2026 NAV period

CompanyFair value% of NAVSecurityImplied price / shareMethodology / source
SpaceXAerospace$224.3MMar 31, 2026 · source ↗+19.3%Mar 31, 2026 · source ↗common—Mar 31, 2026 · source ↗aggregate of direct common and SPV line items — see N-PORTN-PORT 2026-03-31 ↗
GrubMarketFood e-commerce$71.6MMar 31, 2026 · source ↗+6.2%Mar 31, 2026 · source ↗preferred—Mar 31, 2026 · source ↗aggregate of preferred line items — see N-PORTN-PORT 2026-03-31 ↗
Nanotronics ImagingAI / advanced manufacturing$45.8MMar 31, 2026 · source ↗+3.9%Mar 31, 2026 · source ↗preferred—Mar 31, 2026 · source ↗aggregate of preferred, common, and note line items — see N-PORTN-PORT 2026-03-31 ↗
Motive TechnologiesFleet management software$42.5MMar 31, 2026 · source ↗+3.7%Mar 31, 2026 · source ↗preferred—Mar 31, 2026 · source ↗aggregate of preferred, common, and note line items — see N-PORTN-PORT 2026-03-31 ↗
Tradeshift HoldingsEnterprise software / B2B payments$42.4MMar 31, 2026 · source ↗+3.6%Mar 31, 2026 · source ↗preferred—Mar 31, 2026 · source ↗aggregate of preferred, note, and warrant line items — see N-PORTN-PORT 2026-03-31 ↗
DataminrAI / real-time analytics$40.5MMar 31, 2026 · source ↗+3.5%Mar 31, 2026 · source ↗preferred—Mar 31, 2026 · source ↗aggregate of preferred, common, and note line items — see N-PORTN-PORT 2026-03-31 ↗
DatabricksEnterprise software$34.7MMar 31, 2026 · source ↗+3.0%Mar 31, 2026 · source ↗SPV—Mar 31, 2026 · source ↗held via Tiger Global PIP 12-1, LLC (Preferred Series G)N-PORT 2026-03-31 ↗
Arctic Wolf NetworksCybersecurity$26.1MMar 31, 2026 · source ↗+2.2%Mar 31, 2026 · source ↗common—Mar 31, 2026 · source ↗common shares — see N-PORTN-PORT 2026-03-31 ↗

Position history

Reported fair-value marks

Each bar is a disclosed position-quarter.

$224.3MSpaceXMar 31, 2026 · source ↗$71.6MGrubMarketMar 31, 2026 · source ↗$45.8MNanotronics ImagingMar 31, 2026 · source ↗$42.5MMotive TechnologiesMar 31, 2026 · source ↗$42.4MTradeshift HoldingsMar 31, 2026 · source ↗$40.5MDataminrMar 31, 2026 · source ↗$34.7MDatabricksMar 31, 2026 · source ↗$26.1MArctic Wolf NetworksMar 31, 2026 · source ↗
Figures are compiled from public filings.Read methodologyMELD Valuation