Private Shares Fund marks its Ripple common shares at $300.00 each as of June 30, 2026
- Place in VP50
- #35
- Source
- 1
- Claims verified
- 4 of 5
What happened
The Private Shares Fund reported its holding of Ripple common stock in a Form NPORT-P, a monthly portfolio investments report, filed with the U.S. Securities and Exchange Commission on August 21, 2026. The report covers the period ending June 30, 2026. The filing lists 51,267 Ripple common shares with a value of $15,380,100, and it classifies the position at fair value level 3. The holding accounts for about 1% of the fund's net assets, according to the filing.
The event record gives a price of $300.00 per Ripple common share. The filing itself lists the share count and the total value of the position rather than a separate per-share price. The mark applies to the common share class only. No earlier mark from this fund was available in the event record for comparison, and no funding round, tender offer or counterparty price is attached to the event. The filing was accepted by the SEC on the same day it was filed.
Key points
- The Private Shares Fund filed a Form NPORT-P with the SEC on August 21, 2026, covering the period ending June 30, 2026.1
- The filing lists 51,267 Ripple common shares valued at $15,380,100.1
- The event record carries the holding at $300.00 per common share.1
- The position is reported at fair value level 3 and is about 1% of the fund's net assets.1
Why it matters
A registered fund's fair-value mark on Ripple common stock gives one documented reference price for that share class as of June 30, 2026.
The fund reports the position at fair value level 3, so the figure reflects the fund's own valuation inputs rather than a quoted market price.
With no earlier mark from this fund in the record, the $300.00 figure cannot be compared with a prior valuation by the same holder.
In context
| Round | Date | Post-money valuation | Raised | Led by |
|---|---|---|---|---|
| Series A | May 19, 2015 | $100M | $28M | Unknown |
| Series B | Sep 15, 2016 | $355M | $55M | SBI Holdings |
| Series C | Dec 20, 2019 | $10B | $200M | Tetragon |
| Strategic investment | Nov 5, 2025 | $40B | $500M | Citadel Securities and Fortress Investment Group |
Updated
Fact-check
- The Private Shares Fund filed a Form NPORT-P on August 21, 2026 for the period ending June 30, 2026.Confirmed by [1] SEC EDGAR: the filing index shows an NPORT-P for the Private Shares Fund, period of report 2026-06-30, filed 2026-08-21.Verified
- The filing was accepted by the SEC on August 21, 2026.Confirmed by [1] SEC EDGAR: the index lists acceptance at 13:28:03 on 2026-08-21.Verified
- The fund holds 51,267 Ripple common shares valued at $15,380,100.Confirmed by the primary_doc.xml of filing [1]: entry 'RIPPLE COMMON SHARES', balance 51267 shares (NS), valUSD 15380100.Verified
- The position is at fair value level 3 and is about 1% of net assets.Confirmed by the primary_doc.xml of filing [1]: fairValLevel 3, pctVal 1.0009, asset category EC.Verified
- The holding is carried at $300.00 per common share.The $300.00 figure is in the event data; the filing [1] lists shares and total value but no separate per-share price field.Partly verified
Sources
- [1]SEC EDGAR (opens in a new tab)Form NPORT-P, The Private Shares Fund, period 2026-06-30RIPPLE COMMON SHARES
