Sylebra Capital LLC
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed March 3, 2025), Sylebra Capital LLC reported 26 stock positions worth $2.7 billion. Its top holding was Paycom Software (PAYC) at 15.1% of the portfolio, followed by Purecycle Technologies (PCT, 12.8%) and Impinj (PI, 11.6%). Compared with Q3 2024, it opened 1 new position, sold out of 3, added to 6 and reduced 12. The biggest buy was Xometry Class A (XMTR, shares +2%) and the biggest sale Impinj (PI, shares −33%).
- Most Recent 13F
- Q2 2026
- Location
- PALO ALTO, CA
- CIK
- 0002003074
- Portfolio Value
- $2.7B (Q4 2024)
- SEC Filing
- 0001085146-25-001782 ↗ filed Mar 3, 2025
Holdings Value
Holdings 26 stocks · $2.7B
| PAYC Paycom Software Inc. | 15.07% | 1,962,468 | $402.2M | No change |
| PCT Purecycle Technologies Inc. | 12.85% | 33,457,649 | $342.9M | No change |
| PI Impinj Inc. | 11.59% | 2,129,260 | $309.3M | Reduce -33.4% |
| ESTC Elastic NV | 10.41% | 2,804,620 | $277.9M | No change |
| RNG Ringcentral Inc. Class A | 9.89% | 7,536,223 | $263.8M | No change |
| S Sentinelone Inc. Class A | 8.00% | 9,613,281 | $213.4M | Add +6.2% |
| AMD Advanced Micro Devices | 5.00% | 1,104,497 | $133.4M | Reduce -3.7% |
| FIVN FIVE9 Inc. | 3.58% | 2,353,814 | $95.7M | Add +0.2% |
| XMTR Xometry Inc. Class A | 2.93% | 1,834,750 | $78.3M | Add +2.1% |
| YMM Full Truck Alliance -SPN ADR | 2.64% | 6,509,215 | $70.4M | No change |
| RUN Sunrun Inc. | 2.32% | 6,683,162 | $61.8M | Add +124.0% |
| DESP Despegar.com Corp. | 2.11% | 2,931,213 | $56.4M | Add +0.3% |
| AEVA Aeva Technologies Inc. | 1.85% | 10,379,304 | $49.3M | No change |
| PAGS Pagseguro Digital Ltd. Class A | 1.79% | 7,623,952 | $47.7M | Reduce -3.9% |
| NOVAQ Sunnova Energy International | 1.56% | 12,116,510 | $41.6M | Reduce -2.6% |
| PDD PDD Holdings Inc. | 1.45% | 399,695 | $38.8M | Reduce -18.8% |
| EGHT 8X8 Inc. | 1.44% | 14,389,476 | $38.4M | No change |
| LUXE Luxexperience BV filed as MYT NETHERLANDS PARENT B V | 1.05% | 3,937,022 | $28.0M | Add +1.1% |
| NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD | 0.91% | 2,354,183 | $24.4M | Reduce -33.9% |
| BEKE Ke Holdings Inc.-ADR filed as KE HLDGS INC | 0.78% | 1,128,557 | $20.8M | Reduce -9.6% |
| ATAT Atour Lifestyle Holdings-ADR | 0.76% | 758,245 | $20.4M | Reduce -31.8% |
| MNSO Miniso Group Holding Ltd.-ADR | 0.74% | 825,740 | $19.7M | Reduce -43.7% |
| EDU New Oriental Educatio-SP ADR | 0.49% | 201,873 | $13.0M | Reduce -45.0% |
| SE Sea Ltd.-ADR | 0.48% | 121,214 | $12.9M | Reduce -48.6% |
| FLUT Flutter Entertainment PLC-Di | 0.21% | 21,964 | $5.7M | New |
| OPEN Opendoor Technologies Inc. | 0.10% | 1,667,413 | $2.7M | Reduce -92.0% |
Portfolio Sells Q3 2024 → Q4 2024
| PI Impinj Inc. | Reduce -33.4% | 11.59% | −11.30 |
| NOVAQ Sunnova Energy International | Reduce -2.6% | 1.56% | −2.45 |
| OPEN Opendoor Technologies Inc. | Reduce -92.0% | 0.10% | −1.28 |
| AMD Advanced Micro Devices | Reduce -3.7% | 5.00% | −1.22 |
| PDD PDD Holdings Inc. | Reduce -18.8% | 1.45% | −0.74 |
| NU Nu Holdings Ltd./Cayman Isl-A | Reduce -33.9% | 0.91% | −0.69 |
| DQ Daqo New Energy Corp.-ADR | Sold out | 0.00% | −0.48 |
| PAGS Pagseguro Digital Ltd. Class A | Reduce -3.9% | 1.79% | −0.47 |
| EDU New Oriental Educatio-SP ADR | Reduce -45.0% | 0.49% | −0.43 |
| SE Sea Ltd.-ADR | Reduce -48.6% | 0.48% | −0.25 |
| DLO Dlocal Ltd. | Sold out | 0.00% | −0.23 |
| ATAT Atour Lifestyle Holdings-ADR | Reduce -31.8% | 0.76% | −0.19 |
| CHGG Chegg Inc. | Sold out | 0.00% | −0.13 |
| MNSO Miniso Group Holding Ltd.-ADR | Reduce -43.7% | 0.74% | −0.11 |
| BEKE Ke Holdings Inc.-ADR | Reduce -9.6% | 0.78% | −0.04 |
Portfolio Buys Q3 2024 → Q4 2024
| XMTR Xometry Inc. Class A | Add +2.1% | 2.93% | +1.84 |
| FIVN FIVE9 Inc. | Add +0.2% | 3.58% | +1.35 |
| DESP Despegar.com Corp. | Add +0.3% | 2.11% | +0.92 |
| S Sentinelone Inc. Class A | Add +6.2% | 8.00% | +0.84 |
| LUXE Luxexperience BV | Add +1.1% | 1.05% | +0.56 |
| RUN Sunrun Inc. | Add +124.0% | 2.32% | +0.53 |
| FLUT Flutter Entertainment PLC-Di | New | 0.21% | +0.21 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 9 | $944.5M | AEVA, PCT, PI, ESTC, PAYC |
| Q1 2026 | 11 | $773.7M | AEVA, PCT, PI, PAYC, ESTC |
| Q4 2025 | 11 | $1.2B | PCT, AEVA, PI, PAYC, ESTC |
| Q3 2025 | 11 | $1.8B | PCT, PI, PAYC, AEVA, ESTC |
| Q2 2025 | 17 | $2.5B | AEVA, PCT, PAYC, PI, ESTC |
| Q1 2025 | 24 | $2.0B | PAYC, PCT, ESTC, PI, S |
| Q4 2024Amended | 26 | $2.7B | PAYC, PCT, PI, ESTC, RNG |
| Q3 2024 | 28 | $3.0B | PI, PAYC, PCT, RNG, S |
| Q2 2024 | 30 | $2.7B | PI, ESTC, PAYC, RNG, PCT |
| Q1 2024 | 29 | $3.0B | PI, ESTC, RNG, PAYC, AMD |