Tairen Capital Ltd

Fundamental concentrated ★Signal CIK 1652062
League rank
#22
in Fundamental concentrated · #24 overall
Long book
$924.3M
Q1 2026
Positions
44
Top-10 weight
52%
concentration
Last quarter
+58.2%
SPY +14.8%
Turnover
73%
of book per quarter

Strategy in plain words

auto-generated from filings

Tairen Capital Ltd is a concentrated fundamental stock-picker, running a $924.3M US long book across 44 positions.

The portfolio is concentrated: the top 10 names carry 52% of the portfolio. Turnover is high — positions rotate quickly, so individual names matter less than the process. Current anchor positions: MICRON TECHNOLOGY INC, ISHARES MSCI SOUTH KOREA ETF, TAIWAN SEMICONDUCTOR-SP ADR, ALPHABET INC-CL A, META PLATFORMS INC-CLASS A.

Over the last 9 quarters its long book ran on average 7.4pp per quarter ahead of the S&P 500, beating the index in 7 of 9 quarters. We rate its filings as signal-bearing: position changes reflect genuine views.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q1 2024
+8.2%
Q2 2024
-1.7%
Q3 2024
+4.8%
Q4 2024
-2.9%
Q1 2025
+27.9%
Q2 2025
+10.5%
Q3 2025
+1.7%
Q4 2025
+0.3%
Q1 2026
+58.2%

Sector allocation

Technology
59%
Industrials
19%
Financials
6%
Materials
6%
Services media
4%
Energy
3%
Other
2%

Long book by quarter

$1.64B
Q1 2024
$2.79B
Q2 2024
$2.82B
Q3 2024
$680.2M
Q4 2024
$1.51B
Q1 2025
$978.6M
Q2 2025
$925.4M
Q3 2025
$960.9M
Q4 2025
$924.3M
Q1 2026

What does Tairen Capital own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
MU MICRON TECHNOLOGY INCTechnology261.3K$88.3M9.6%New
GOOGL ALPHABET INC-CL ATechnology148.2K$42.6M4.6%-55.9%
META META PLATFORMS INC-CLASS ATechnology67.6K$38.7M4.2%New
LITE LUMENTUM HOLDINGS INCTechnology54.7K$38.5M4.2%-49.0%
INTC INTEL CORPTechnology852.6K$37.6M4.1%+27.3%
GLW CORNING INCIndustrials270.4K$36.8M4.0%New
HOOD ROBINHOOD MARKETS INC - AFinancials516.3K$35.8M3.9%-1.9%
SNDK SANDISK CORPTechnology52.5K$33.3M3.6%-63.3%
AMD ADVANCED MICRO DEVICESTechnology160.4K$32.6M3.5%New
LIN LINDE PLCMaterials60.9K$30.2M3.3%+45.7%
LRCX LAM RESEARCH CORPIndustrials140.0K$29.9M3.2%New
BKR BAKER HUGHES COIndustrials488.1K$29.8M3.2%New
AMAT APPLIED MATERIALS INCTechnology86.8K$29.7M3.2%New
ASML ASML HOLDING NV-NY REG SHSIndustrials21.0K$27.7M3.0%+27.5%
DASH DOORDASH INC - AServices media181.4K$27.2M2.9%+346.5%
RBLX ROBLOX CORP -CLASS ATechnology316.9K$17.9M1.9%-2.5%
MKSI MKS INCTechnology68.5K$15.7M1.7%New
TER TERADYNE INCTechnology52.9K$15.7M1.7%-52.9%
SOLS SOLSTICE ADV MATERIALS INCMaterials203.2K$15.5M1.7%-52.0%
KEYS KEYSIGHT TECHNOLOGIES INTechnology50.2K$14.2M1.5%New
SLB SLB LTDEnergy250.0K$12.8M1.4%New
COHR COHERENT CORPOther50.0K$11.9M1.3%-38.0%
WAB WABTEC CORPIndustrials41.8K$10.4M1.1%-17.7%
RMBS RAMBUS INCTechnology120.0K$10.3M1.1%New
HAL HALLIBURTON COEnergy200.0K$7.8M0.8%New
PH PARKER HANNIFIN CORPIndustrials8.4K$7.5M0.8%Held
NVDA NVIDIA CORPTechnology41.5K$7.2M0.8%-83.3%
SNAP SNAP INC - ATechnology1.6M$7.2M0.8%+46.7%
U UNITY SOFTWARE INCTechnology328.9K$7.2M0.8%-25.9%
ROOT ROOT INC/OH -CLASS AFinancials160.8K$7.1M0.8%Held
NDAQ NASDAQ INCFinancials57.0K$4.8M0.5%New
AEIS ADVANCED ENERGY INDUSTRIESTechnology10.5K$3.4M0.4%New
FICO FAIR ISAAC CORPServices media3.0K$3.2M0.3%New
ENTG ENTEGRIS INCOther10.0K$1.2M0.1%New
GOOG ALPHABET INC-CL CTechnology800$229K0.0%-97.1%
FTAI FTAI AVIATION LTDServices media830$203K0.0%New

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 15, 202644$924.3M canonicalSEC ↗
Q4 202513F-HRFeb 17, 202659$960.9M canonicalSEC ↗
Q3 202513F-HRNov 13, 202566$925.4M canonicalSEC ↗
Q2 202513F-HRAug 12, 202568$978.6M canonicalSEC ↗
Q1 202513F-HRMay 15, 202588$1.51B canonicalSEC ↗
Q4 202413F-HRFeb 14, 202569$680.2M canonicalSEC ↗
Q3 202413F-HRNov 14, 202459$2.82B canonicalSEC ↗
Q2 202413F-HRAug 14, 202426$2.79B canonicalSEC ↗
Q1 202413F-HRMay 15, 202437$1.64B canonicalSEC ↗