0001557265 · Multi-Asset · Interval fund

The Private Shares Fund

· manager: Liberty Streetfiled · N-CEN

Total assets

$1.2B

2026-03-31 · single source · P87 vs peers · N-PORT ↗

Net assets (NAV, total)

$1.2B

2026-03-31 · single source · P88 vs peers · N-PORT ↗

Net flows

-$27M

2026-03-31 · ƒ derived · P5 vs peers

Total liabilities

$1M

2026-03-31 · single source · P33 vs peers · N-PORT ↗

Crowding: 1% of the top 100 in names held by 3+ tracked funds · 1 of 94 names · Issuers are matched on normalised name (~10% measured error each way), so crowding and overlap figures are floors. How this is measured → · full readout →

Redemption pressure

⚠ under pressure

Money leaving this fund each month, read off its own filed N-PORT flows — redemptions against the net assets they were redeemed out of, never annualised, so one heavy month reads as itself rather than multiplied by twelve.

6.0%

redeemed in Mar '26 · as of 2026-03-31

$67M redeemed of $1.1B net assets

3-month (Σ monthly)

6.1%

$68M · rated 3/3 months

Outflow streak

consecutive month of net outflow

Months observed

since Jan '25

These flows are Form N-PORT, which only registered funds file — interval, tender-offer and closed-end funds. BDCs repurchase shares through a separate tender-offer mechanism that is not this form, so this section is absent on a BDC's page rather than reported as zero. 3.0%+ / 5.0%+ of net assets in a single month are the live elevated / high edges. every fund ranked by redemption pressure →

Source: AltsVault · SEC filings · as of 2026-03-31

Portfolio

Top 100 of 148 positions as of 2026-03-31 · position-level holdings (SEC N-PORT).

This fund reports more positions than are stored. The largest 100 by value are shown; the remainder of the portfolio is not included here, so treat composition below as covering the top of the book rather than the whole fund. Reconciliation was measured against the fund's complete position set.

✓ Reconciled — ties to the fund's reported total investments within 10% (102%).

100 holdings

Company	Fair value	Weight
Space Exploration Technologies Corp. Common Shares	$190M	16.3%
Umb Money Market II Special	$125M	10.8%
Grubmarket, Inc. Preferred E Shares	$41M	3.5%
Tradeshift Holdings Inc. Preferred Series	$39M	3.4%
Tiger Global Pip 12-1, LLC (invested in Databricks, Inc., Preferred Series G)	$35M	3.0%
Arctic Wolf Networks, Inc. Common Shares	$26M	2.2%
Neutron Holdings, Inc. (d.b.a. Lime) 4% 10/29/2025 Conv	$23M	2.0%
Betterment Holdings, Inc. Common Shares	$23M	2.0%
Nanotronics Imaging, Inc. Preferred Series F-2	$23M	1.9%
Cerebras Systems Inc. Common Shares	$22M	1.9%
Hof Capital WH Strategic Opportunities Fund, LP (invested in Spacex, Common)	$20M	1.7%
Upgrade, Inc. Preferred Series C-1	$19M	1.7%
Nanotronics Imaging Common Shares	$19M	1.6%
EquipmentShare.com Inc	$19M	1.6%
Grubmarket, Inc. Preferred F Shares	$19M	1.6%
Motive Technologies, Inc. Series F Preferred	$19M	1.6%
Dataminr Series C	$18M	1.6%
Dataminr Common Shares	$18M	1.5%
Payward, Inc. (d.b.a. Kraken) Preferred A Shares	$16M	1.4%
Ripple Labs Inc. Preferred Shares A	$16M	1.4%
True Anomaly, Inc. Preferred Series D	$15M	1.3%
Axiom Space Preferred C1	$13M	1.2%
Brain Corporation Common Shares	$13M	1.1%
Discord Inc. Common Shares	$12M	1.1%
Epic Games Common Shares	$12M	1.0%
Ayar Labs, Inc. Series E	$12M	1.0%
Devoted Health Common Shares	$12M	1.0%
Grubmarket, Inc.	$12M	1.0%
Nextroll, Inc. Common Shares	$11M	1.0%
SC Jal, LLC (invested in Spacex, Common)	$11M	1.0%
Beta Technologies Inc	$11M	0.9%
Upgrade, Inc. Common Shares	$11M	0.9%
Tmgcore, Inc. 4% 8/30/28	$10M	0.9%
Consensys Software Inc. Common Shares	$10M	0.9%
Relativity Space, Inc. Preferred Series Z	$10M	0.9%
Motive Technologies, Inc. Common Shares	$9M	0.8%
Lookout, Inc. Common Shares	$9M	0.7%
Loadsmart, Inc. Series D Preferred	$8M	0.7%
Turo Inc. Pref D1 Turo Pref D1	$7M	0.6%
Roofstock, Inc. Series E Preferred Shares	$7M	0.6%
Payward, Inc. (d.b.a. Kraken) Common Shares	$6M	0.6%
Contrast Security Preferred Series C	$6M	0.5%
Fundbox LTD. Preferred	$6M	0.5%
Motive Technologies, Inc. Series E Preferred	$6M	0.5%
MC Valor Summit 2.0 L.P. (invested in Crusoe, Inc., Preferred Series E)	$6M	0.5%
Northgate Growth Fund III	$6M	0.5%
Domino Data Lab, Inc. Common Shares	$5M	0.5%
Stage 1 Growth Fund, LLC, Series Invaio (invaio Sciences, Inc., Preferred Series C)	$5M	0.4%
Tanium Common Shares	$5M	0.4%
Relativity Space, Inc. Preferred Series 1a	$5M	0.4%
Click Therapeutics C Common Shares	$5M	0.4%
Betterment Holdings, Inc. Perferred Series F	$5M	0.4%
Learneo, Inc. Common Shares	$5M	0.4%
Inrix, Inc. Class C	$5M	0.4%
Fundbox LTD. Shares	$5M	0.4%
Content Square Sas Common Shares	$5M	0.4%
Farmers Business Network, Inc. Preferred	$5M	0.4%
Contrast Security Preferred Series A	$5M	0.4%
KVC Select, LLC (invested in Dremio Corp., 22.3% Common Stock and 77.7% Preferred Series E)	$4M	0.4%
Thoughtspot Common Common Shares	$4M	0.4%
Payward, Inc. (d.b.a. Kraken) Series Seed	$4M	0.4%
Axiom Space Preferred B	$4M	0.3%
GSV Ers LP (invested in Eruditus Learning Solutions Pte., LTD. Common Stock)	$4M	0.3%
Verbit, Inc. Preferred Series E-1	$4M	0.3%
Ironarc Opportunities XXI, LP (invested in Saronic Technologies, Preferred Series D)	$4M	0.3%
SNYK LTD. Common Shares	$4M	0.3%
Motive Technologies, Inc. Series F Preferred	$4M	0.3%
Nanotronics Imaging 5% 4/25/2025	$4M	0.3%
Parafi Private Opportunities, LLC - Series J (invested in Consensys Software, Inc., Preferred Series D)	$4M	0.3%
Motive TECHNOLOGIES, INC. 18% 5/20/32	$4M	0.3%
MVP Opportunity Fund VI LLC, Series 24G (invested in Spacex, Common)	$3M	0.3%
Clearmotion Preferred A-4	$3M	0.3%
Openx Software LTD. Common	$3M	0.3%
Stage 1 Growth Fund, LLC, Series Cibo (invested in Cibo Technologies, Inc., Preferred Series C1)	$3M	0.3%
Artist Edge Partners IV, LP (invested in Discord, Inc. Common Stock)	$3M	0.3%
Devoted Health Preferred Prime Shares	$3M	0.3%
KVC Select, LLC (invested in Ocrolus, Inc., Preferred Series C)	$3M	0.3%
Cohere Technologies, Inc. Preferred Series D-2	$3M	0.2%
Tealium Inc. Common Shares	$3M	0.2%
Dataminr Series B	$3M	0.2%
Neutron Holdings, Inc. (d.b.a. Lime) Preferred D Shares	$3M	0.2%
Collective Health Preferred Series F	$3M	0.2%
Flexport, Inc. Series A	$3M	0.2%
Content Square Sas Series F Preferred	$2M	0.2%
Knight JV	$2M	0.2%
Trax Ltd. PRE IPO SHARES	$2M	0.2%
Flexport, Inc. Common Shares	$2M	0.2%
Radian Aerospace Inc. Series Seed	$2M	0.2%
Impossible Foods Series E-1 Preferred	$2M	0.2%
Tradeshift Holdings Inc. 12% 4/3/2025	$2M	0.2%
Voyager Technologies Inc	$2M	0.2%
Cohere Technologies, Inc. Preferred Series D-1	$2M	0.2%
Irving Investors Privates Osc Xxxviii, LLC (invested in 1661, Inc. (d.b.a Goat), 15% CS, 13% PS A-1, 0% PS A-5, 17% PS A-7, 27% PS B, and 28% PS C)	$2M	0.2%
Khosla Ventures Ifspv Ii-b, LLC (invested in Impossible Foods, Inc., 74.2% Preferred Series H-1 and 25.8% Preferred Series H-2)	$2M	0.2%
Automation Anywhere, Inc. Common Shares	$2M	0.2%
Checkr, Inc. Preferred A-1	$2M	0.2%
Axiom Space Founder A Preferred	$2M	0.1%
Omada Health Inc	$2M	0.1%
Neutron Holdings, Inc. (d.b.a. Lime) 4% 5/27/2027 Conv	$2M	0.1%
Color Health Common Shares	$2M	0.1%

Asset categories (by fair value)

EC41.9%

EP33.3%

STIV10.8%

OTHER10.2%

DBT3.9%

Crowding: 1% of the top 100 in names held by 3+ funds · 84% sole-holder

1 names held by 3+ funds · 91 sole-holder · Issuers are matched on normalised name (~10% measured error each way), so crowding and overlap figures are floors. How this is measured →

Source: AltsVault · SEC filings

see which of these names are crowded →

The Private Shares Fund

Redemption pressure

Portfolio

Metrics

Redemption pressure

Portfolio

Metrics