SC US (ttgp), LTD.

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 14, 2025), SC US (ttgp), LTD. reported 14 stock positions worth $10.5 billion. Its top holding was DoorDash Class A (DASH) at 54.2% of the portfolio, followed by PDD (PDD, 11.9%) and Nu Holdings Ltd./Cayman Isl-A (NU, 10.6%). Compared with Q4 2024, it sold out of 1 and reduced 4. The biggest sale was Nu Holdings Ltd./Cayman Isl-A (NU, shares −53%).

Most Recent 13F
Q2 2026
Location
Menlo Park, CA
CIK
0001607841
Portfolio Value
$10.5B (Q1 2025)
SEC Filing
0000950123-25-005241 ↗ filed May 14, 2025

Holdings Value

0$10.0B$20.0B$30.0B$40.0B Q1 2024: $13.5B Q1 2024 Q2 2024: $12.3B Q2 2024 Q3 2024: $13.6B Q3 2024 Q4 2024: $12.3B Q4 2024 Q1 2025: $10.5B $10.5B Q1 2025 Q2 2025: $12.7B Q2 2025 Q3 2025: $16.1B Q3 2025 Q4 2025: $14.0B Q4 2025 Q1 2026: $9.2B Q1 2026 Q2 2026: $31.8B Q2 2026

Holdings 14 stocks · $10.5B
DASH DoorDash Inc. Class A 54.23% 31,198,373 $5.7B Reduce -0.8%
PDD PDD Holdings Inc. 11.92% 10,592,635 $1.3B No change
NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD 10.63% 109,190,574 $1.1B Reduce -53.4%
CART Maplebear Inc. 10.63% 28,018,858 $1.1B No change
U Unity Software Inc. 5.95% 31,934,442 $625.6M Reduce -0.3%
DDOG Datadog Inc. Class A 2.25% 2,389,407 $237.1M No change
YMM Full Truck Alliance -SPN ADR 1.59% 13,057,904 $166.7M No change
BBIO Bridgebio Pharma Inc. 0.61% 1,860,364 $64.3M No change
ABNB Airbnb Inc. Class A 0.58% 511,074 $61.1M Reduce -0.6%
XYZ Block Inc. 0.51% 990,778 $53.8M No change
BEKE Ke Holdings Inc.-ADR filed as KE HLDGS INC 0.42% 2,192,982 $44.1M No change
FRSH Freshworks Inc. Class A 0.39% 2,885,303 $40.7M No change
AMPL Amplitude Inc. Class A 0.27% 2,798,951 $28.5M No change
BTDR Bitdeer Technologies Group-A 0.01% 138,168 $1.2M No change
Other holdings (1): bonds, preferreds, convertibles and warrants · $60.0M (not counted above)
SecurityClassShares / PrincipalValueChange
UNITY SOFTWARE INC (U 0 11/15/26) NOTE 11/1 · principal 60,000,000$60.0MNo change

Total filed on the 13F, all lines: $10.6B.

Portfolio Sells Q4 2024 → Q1 2025
NU Nu Holdings Ltd./Cayman Isl-A Reduce -53.4% 10.63% −9.05
SNOW Snowflake Inc. Sold out 0.00% −7.45
ABNB Airbnb Inc. Class A Reduce -0.6% 0.58% +0.03
U Unity Software Inc. Reduce -0.3% 5.95% +0.12
DASH DoorDash Inc. Class A Reduce -0.8% 54.23% +11.45

Portfolio Buys Q4 2024 → Q1 2025
None this quarter.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 18$31.8BSPCX, DASH, CART, KLAR, U
Q1 2026 17$9.2BDASH, CART, PDD, KLAR, U
Q4 2025 16$14.0BDASH, KLAR, U, CART, PDD
Q3 2025 16$16.1BDASH, KLAR, FIG, U, PDD
Q2 2025 15$12.7BDASH, CART, PDD, NU, U
Q1 2025 14$10.5BDASH, PDD, NU, CART, U
Q4 2024 15$12.3BDASH, NU, CART, PDD, SNOW
Q3 2024 16$13.6BDASH, NU, PDD, CART, SNOW
Q2 2024 17$12.3BDASH, NU, PDD, CART, SNOW
Q1 2024 21$13.5BDASH, NU, CART, PDD, SNOW