TenCore Partners, LP
Long book
$128.7M
Q1 2026
Positions
14
Top-10 weight
95%
concentration
Last quarter
+9.7%
SPY +14.8%
Turnover
25%
of book per quarter
Strategy in plain words
auto-generated from filingsTenCore Partners, LP is a concentrated fundamental stock-picker, specialised in technology (78% of the long book), running a $128.7M US long book across 14 positions.
The portfolio is extremely concentrated — the top 10 positions are almost the whole book. Turnover is modest: positions are typically held for years. Current anchor positions: MICROSOFT CORP, META PLATFORMS INC-CLASS A, APPFOLIO INC - A, ALPHABET INC-CL A, MONDAY.COM LTD.
Over the last 9 quarters its long book ran on average 3.1pp per quarter behind the S&P 500, beating the index in 2 of 9 quarters. We rate its filings highest-signal: new buys here are worth attention.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
+2.2%
Q2 2024
+5.2%
Q3 2024
+4.0%
Q4 2024
-6.3%
Q1 2025
+23.3%
Q2 2025
+0.3%
Q3 2025
-3.3%
Q4 2025
-23.0%
Q1 2026
+9.7%
Sector allocation
Technology 78%
Services media 14%
Materials 5%
Consumer discretionary 2%
Financials 0%
Industrials 0%
Long book by quarter
What does TenCore Partners, own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| MSFT MICROSOFT CORP | Technology | 78.9K | $29.2M | 22.7% | -6.6% |
| META META PLATFORMS INC-CLASS A | Technology | 36.1K | $20.6M | 16.0% | -18.2% |
| APPF APPFOLIO INC - A | Technology | 109.9K | $17.3M | 13.5% | New |
| GOOGL ALPHABET INC-CL A | Technology | 34.1K | $9.8M | 7.6% | -40.9% |
| MNDY MONDAY.COM LTD | Technology | 135.9K | $9.4M | 7.3% | +6.2% |
| MELI MERCADOLIBRE INC | Services media | 4.9K | $8.5M | 6.6% | -18.1% |
| CRM SALESFORCE INC | Technology | 44.1K | $8.2M | 6.4% | -18.2% |
| PRM PERIMETER SOLUTIONS INC | Materials | 274.1K | $6.7M | 5.2% | -30.6% |
| DASH DOORDASH INC - A | Services media | 42.5K | $6.4M | 5.0% | -17.9% |
| WDAY WORKDAY INC-CLASS A | Technology | 49.0K | $6.4M | 4.9% | -26.0% |
| AMZN AMAZON.COM INC | Consumer discretionary | 14.5K | $3.0M | 2.4% | -68.3% |
| V VISA INC-CLASS A SHARES | Services media | 8.5K | $2.6M | 2.0% | -17.3% |
| KNSL KINSALE CAPITAL GROUP INC | Financials | 950 | $325K | 0.3% | New |
| TDG TRANSDIGM GROUP INC | Industrials | 236 | $274K | 0.2% | +14.6% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 6, 2026 | 14 | $128.7M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 10, 2026 | 14 | $195.6M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 5, 2025 | 12 | $225.7M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 6, 2025 | 12 | $221.2M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 15, 2025 | 12 | $190.2M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 14, 2025 | 12 | $202.7M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 14, 2024 | 11 | $211.4M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 14, 2024 | 13 | $259.8M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 15, 2024 | 13 | $322.4M | canonical | SEC ↗ |