Tekne Capital Management, LLC
Long book
$236.7M
Q1 2026
Positions
3
Top-10 weight
100%
concentration
Last quarter
-4.7%
SPY +14.8%
Turnover
60%
of book per quarter
Strategy in plain words
auto-generated from filingsTekne Capital Management, LLC is a diversified fundamental manager, specialised in technology (86% of the long book), running a $236.7M US long book across 3 positions.
The portfolio is extremely concentrated — the top 10 positions are almost the whole book. Turnover is high — positions rotate quickly, so individual names matter less than the process. Current anchor positions: GDS HOLDINGS LTD - ADR, ACM RESEARCH INC-CLASS A, PROEM ACQUISITION CORP I.
Over the last 9 quarters its long book ran on average 3pp per quarter ahead of the S&P 500, beating the index in 5 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
+3.2%
Q2 2024
+25.4%
Q3 2024
-1.0%
Q4 2024
+8.8%
Q1 2025
+17.0%
Q2 2025
+25.5%
Q3 2025
-11.8%
Q4 2025
+4.8%
Q1 2026
-4.7%
Sector allocation
Industrials 100%
Long book by quarter
What does Tekne Capital own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| ACMR ACM RESEARCH INC-CLASS A | Industrials | 715.0K | $28.1M | 11.9% | Held |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 14, 2026 | 5 | $236.7M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 13, 2026 | 7 | $280.2M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 13, 2025 | 8 | $354.2M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 13, 2025 | 7 | $287.4M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 14, 2025 | 9 | $262.3M | $K fixed canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 13, 2025 | 11 | $282.6M | $K fixed canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 13, 2024 | 9 | $246.7M | $K fixed canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 13, 2024 | 9 | $190.3M | $K fixed canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 13, 2024 | 21 | $349.8M | $K fixed canonical | SEC ↗ |