Sylebra Capital LLC
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 15, 2025), Sylebra Capital LLC reported 17 stock positions worth $2.5 billion. Its top holding was Aeva Technologies (AEVA) at 25.0% of the portfolio, followed by Purecycle Technologies (PCT, 19.0%) and Paycom Software (PAYC, 13.5%). Compared with Q1 2025, it sold out of 7, added to 1 and reduced 10. The biggest buy was Xometry Class A (XMTR, shares +10%) and the biggest sale an exit from Advanced Micro Devices (AMD).
- Most Recent 13F
- Q2 2026
- Location
- PALO ALTO, CA
- CIK
- 0002003074
- Portfolio Value
- $2.5B (Q2 2025)
- SEC Filing
- 0001085146-25-005303 ↗ filed Aug 15, 2025
Holdings Value
Holdings 17 stocks · $2.5B
| AEVA Aeva Technologies Inc. | 24.98% | 16,228,553 | $613.3M | No change |
| PCT Purecycle Technologies Inc. | 19.02% | 34,077,574 | $466.9M | No change |
| PAYC Paycom Software Inc. | 13.47% | 1,429,082 | $330.7M | Reduce -7.8% |
| PI Impinj Inc. | 9.63% | 2,129,260 | $236.5M | No change |
| ESTC Elastic NV | 8.55% | 2,488,673 | $209.9M | Reduce -2.5% |
| RNG Ringcentral Inc. Class A | 7.37% | 6,385,186 | $181.0M | Reduce -15.3% |
| S Sentinelone Inc. Class A | 5.90% | 7,926,433 | $144.9M | Reduce -25.0% |
| XMTR Xometry Inc. Class A | 2.84% | 2,062,157 | $69.7M | Add +9.6% |
| NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD | 1.99% | 3,555,632 | $48.8M | No change |
| LUXE Luxexperience BV | 1.19% | 3,688,354 | $29.3M | No change |
| EGHT 8X8 Inc. | 1.10% | 13,781,823 | $27.0M | Reduce -2.2% |
| YMM Full Truck Alliance -SPN ADR | 1.08% | 2,248,977 | $26.6M | Reduce -45.7% |
| FIVN FIVE9 Inc. | 0.98% | 905,212 | $24.0M | No change |
| PAGS Pagseguro Digital Ltd. Class A | 0.68% | 1,738,063 | $16.8M | Reduce -71.1% |
| ATAT Atour Lifestyle Holdings-ADR | 0.52% | 390,972 | $12.7M | Reduce -25.5% |
| SE Sea Ltd.-ADR | 0.41% | 62,211 | $10.0M | Reduce -46.3% |
| PDD PDD Holdings Inc. | 0.28% | 64,989 | $6.8M | Reduce -72.5% |
Portfolio Sells Q1 2025 → Q2 2025
| AMD Advanced Micro Devices | Sold out | 0.00% | −3.97 |
| S Sentinelone Inc. Class A | Reduce -25.0% | 5.90% | −3.78 |
| PAYC Paycom Software Inc. | Reduce -7.8% | 13.47% | −3.59 |
| ESTC Elastic NV | Reduce -2.5% | 8.55% | −2.91 |
| RUN Sunrun Inc. | Sold out | 0.00% | −2.44 |
| RNG Ringcentral Inc. Class A | Reduce -15.3% | 7.37% | −2.03 |
| PAGS Pagseguro Digital Ltd. Class A | Reduce -71.1% | 0.68% | −1.63 |
| YMM Full Truck Alliance -SPN ADR | Reduce -45.7% | 1.08% | −1.58 |
| PDD PDD Holdings Inc. | Reduce -72.5% | 0.28% | −1.13 |
| BEKE Ke Holdings Inc.-ADR | Sold out | 0.00% | −0.81 |
| MNSO Miniso Group Holding Ltd.-ADR | Sold out | 0.00% | −0.73 |
| EDU New Oriental Educatio-SP ADR | Sold out | 0.00% | −0.46 |
| FUTU Futu Holdings Ltd.-ADR | Sold out | 0.00% | −0.38 |
| SE Sea Ltd.-ADR | Reduce -46.3% | 0.41% | −0.36 |
| EGHT 8X8 Inc. | Reduce -2.2% | 1.10% | −0.32 |
| ATAT Atour Lifestyle Holdings-ADR | Reduce -25.5% | 0.52% | −0.23 |
| NOVAQ Sunnova Energy International | Sold out | 0.00% | −0.10 |
Portfolio Buys Q1 2025 → Q2 2025
| XMTR Xometry Inc. Class A | Add +9.6% | 2.84% | +0.48 |
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 |