Accel Leaders 4 Associates L.P.

Key Holdings

The portfolio consists entirely of Nebius Group N.V. (Ticker: NBIS), with 4.58 million shares valued at $514.30 million. This position accounts for 100% of the fund's total assets. Nebius Group is a technology company with a focus on AI infrastructure (specifically stemming from its origins as the AI division of Yandex N.V.). The fact that Accel Leaders 4 holds a block of 4.58 million shares suggests this is a significant strategic stake, likely acquired during a corporate spin-off, a restructuring, or a specific private-to-public transaction. The fund's performance is inextricably linked to the stock price performance of Nebius Group; any volatility in this single security will be mirrored directly in the fund's net asset value.