Avenir Tech Ltd
Long book
$789.5M
Q1 2026
Positions
21
Top-10 weight
100%
concentration
Last quarter
-10.8%
SPY +14.8%
Turnover
45%
of book per quarter
Strategy in plain words
auto-generated from filingsAvenir Tech Ltd is a wealth-management firm allocating client money, specialised in financials (99% of the long book), running a $789.5M US long book across 21 positions.
The portfolio is extremely concentrated — the top 10 positions are almost the whole book. The portfolio is actively managed, with meaningful quarterly turnover. Current anchor positions: ISHARES BITCOIN TRUST ETF, UP FINTECH HOLDING LTD - ADR, BITWISE BITCOIN ETF, MF INTERNATIONAL LTD-A, FIDELITY WISE ORIGIN BITCOIN.
Over the last 8 quarters its long book ran on average 1.8pp per quarter behind the S&P 500, beating the index in 3 of 8 quarters. Its holdings are mechanical (indexing / client flows), so position changes carry no stock-picking signal.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q2 2024
+5.8%
Q3 2024
+46.7%
Q4 2024
-11.8%
Q1 2025
+30.0%
Q2 2025
+7.8%
Q3 2025
-22.4%
Q4 2025
-23.7%
Q1 2026
-10.8%
Sector allocation
Technology 61%
Financials 38%
Industrials 1%
Long book by quarter
What does Avenir Tech own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| MFI MF INTERNATIONAL LTD-A | Technology | 500.0K | $5.5M | 0.7% | New |
| XXI TWENTY ONE CAPITAL INC-CL A | Financials | 400.0K | $2.6M | 0.3% | Held |
| BMNR BITMINE IMMERSION TECHNOLOGI | Financials | 29.1K | $576K | 0.1% | Held |
| HSDT SOLANA CO | Financials | 290.7K | $503K | 0.1% | Held |
| NVDA NVIDIA CORP | Technology | 2.0K | $350K | 0.0% | +33333.3% |
| ASML ASML HOLDING NV-NY REG SHS | Industrials | 70 | $92K | 0.0% | New |
| HOOD ROBINHOOD MARKETS INC - A | Financials | 1.3K | $87K | 0.0% | New |
| AVGO BROADCOM INC | Technology | 150 | $46K | 0.0% | New |
| GS GOLDMAN SACHS GROUP INC | Financials | 50 | $42K | 0.0% | Held |
| GOOG ALPHABET INC-CL C | Technology | 100 | $29K | 0.0% | Held |
| META META PLATFORMS INC-CLASS A | Technology | 50 | $29K | 0.0% | Held |
| AAPL APPLE INC | Technology | 100 | $25K | 0.0% | Held |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 15, 2026 | 23 | $789.5M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 13, 2026 | 27 | $1.09B | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 14, 2025 | 27 | $1.36B | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 14, 2025 | 41 | $1.31B | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 15, 2025 | 26 | $795.2M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 14, 2025 | 6 | $603.5M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 14, 2024 | 6 | $22.3M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 2, 2024 | 6 | $383.5M | canonical | SEC ↗ |