Tairen Capital Ltd
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 15, 2024), Tairen Capital Ltd reported 37 stock positions worth $1.6 billion. Its top holding was PDD (PDD) at 25.5% of the portfolio, followed by New Oriental Educatio-SP ADR (EDU, 7.1%) and Qualcomm (QCOM, 6.5%). Compared with Q4 2023, it opened 23 new positions, sold out of 16, added to 4 and reduced 10. The biggest buy was a new position in New Oriental Educatio-SP ADR (EDU) and the biggest sale an exit from ServiceNow (NOW).
- Most Recent 13F
- Q2 2026
- Location
- HONG KONG, K3
- CIK
- 0001652062
- Portfolio Value
- $1.6B (Q1 2024)
- SEC Filing
- 0001085146-24-002492 ↗ filed May 15, 2024
Holdings Value
Holdings 37 stocks · $1.6B
| PDD PDD Holdings Inc. | 25.53% | 3,590,300 | $417.4M | Add +58.6% |
| EDU New Oriental Educatio-SP ADR | 7.09% | 1,334,781 | $115.9M | New |
| QCOM Qualcomm Inc. | 6.53% | 630,537 | $106.7M | Add +88.8% |
| VRT Vertiv Holdings Co. Class A | 6.32% | 1,264,522 | $103.3M | New |
| MU Micron Technology Inc. | 5.90% | 818,232 | $96.5M | New |
| ANSS Ansys Inc. | 5.60% | 263,648 | $91.5M | New |
| KLAC KLA Corp. | 5.46% | 127,800 | $89.3M | New |
| NTES Netease Inc.-ADR | 5.27% | 833,048 | $86.2M | Reduce -52.8% |
| NVDA Nvidia Corp. | 5.15% | 93,207 | $84.2M | New |
| MSFT Microsoft Corp. | 4.22% | 164,051 | $69.0M | Reduce -51.1% |
| LRCX Lam Research Corp. | 3.25% | 54,632 | $53.1M | New |
| ASML ASML Holding NV-NY Reg SHS | 2.86% | 48,186 | $46.8M | New |
| TAL Tal Education Group- ADR | 2.76% | 3,975,438 | $45.1M | New |
| SNOW Snowflake Inc. | 1.64% | 166,245 | $26.9M | Reduce -58.7% |
| AMZN Amazon.com Inc. | 1.53% | 138,376 | $25.0M | Add +7.5% |
| DQ Daqo New Energy Corp.-ADR | 1.52% | 881,468 | $24.8M | Reduce -52.5% |
| APH Amphenol Corp. Class A | 1.35% | 191,000 | $22.0M | New |
| SNPS Synopsys Inc. | 1.18% | 33,767 | $19.3M | New |
| ORCL Oracle Corp. | 0.98% | 127,000 | $16.0M | Reduce -21.9% |
| TSM Taiwan Semiconductor-SP ADR | 0.89% | 106,601 | $14.5M | New |
| GOTU Gaotu Techedu Inc. | 0.66% | 1,644,600 | $10.8M | New |
| SHOP Shopify Inc. Class A | 0.63% | 132,451 | $10.2M | New |
| DDOG Datadog Inc. Class A | 0.58% | 77,000 | $9.5M | New |
| LULU Lululemon Athletica Inc. | 0.50% | 21,000 | $8.2M | New |
| IBKR Interactive Brokers Gro Class A | 0.44% | 63,963 | $7.1M | New |
| SNAP Snap Inc. Class A | 0.42% | 600,000 | $6.9M | New |
| NFLX Netflix Inc. | 0.33% | 9,000 | $5.5M | New |
| ONON On Holding AG Class A filed as ON HLDG AG | 0.28% | 130,000 | $4.6M | New |
| MDB Mongodb Inc. | 0.26% | 12,000 | $4.3M | Reduce -86.0% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.26% | 35,000 | $4.3M | Reduce -94.7% |
| U Unity Software Inc. | 0.23% | 141,227 | $3.8M | New |
| CYBR Cyberark Software Ltd./Israel | 0.09% | 5,500 | $1.5M | Add +21.2% |
| WIX Wix.com Ltd. | 0.08% | 10,000 | $1.4M | Reduce -35.6% |
| HUBS HubSpot Inc. | 0.08% | 2,000 | $1.3M | Reduce -76.3% |
| ABNB Airbnb Inc. Class A | 0.05% | 5,000 | $825K | New |
| MNDY Monday.com Ltd. | 0.05% | 3,500 | $791K | Reduce -27.1% |
| DOCU Docusign Inc. | 0.05% | 12,900 | $768K | New |
Portfolio Sells Q4 2023 → Q1 2024
| NOW ServiceNow Inc. | Sold out | 0.00% | −7.46 |
| CRM Salesforce Inc. | Sold out | 0.00% | −6.85 |
| NTES Netease Inc.-ADR | Reduce -52.8% | 5.27% | −6.24 |
| ADBE Adobe Inc. | Sold out | 0.00% | −5.25 |
| META Meta Platforms Inc. Class A | Sold out | 0.00% | −4.84 |
| MSFT Microsoft Corp. | Reduce -51.1% | 4.22% | −4.62 |
| SNOW Snowflake Inc. | Reduce -58.7% | 1.64% | −3.97 |
| DIS The Walt Disney Co. | Reduce -94.7% | 0.26% | −3.94 |
| UBER Uber Technologies Inc. | Sold out | 0.00% | −3.12 |
| MDB Mongodb Inc. | Reduce -86.0% | 0.26% | −2.20 |
| DQ Daqo New Energy Corp.-ADR | Reduce -52.5% | 1.52% | −1.94 |
| COHR Coherent Corp. | Sold out | 0.00% | −1.86 |
| ANET Arista Networks Inc. | Sold out | 0.00% | −1.74 |
| GOOG Alphabet Inc. Class C | Sold out | 0.00% | −1.11 |
| XYZ Block Inc. | Sold out | 0.00% | −0.78 |
| FIVN FIVE9 Inc. | Sold out | 0.00% | −0.41 |
| ZS Zscaler Inc. | Sold out | 0.00% | −0.33 |
| HUBS HubSpot Inc. | Reduce -76.3% | 0.08% | −0.27 |
| ORCL Oracle Corp. | Reduce -21.9% | 0.98% | −0.23 |
| BILL Bill Holdings Inc. | Sold out | 0.00% | −0.14 |
| HCP Hashicorp Inc. Class A | Sold out | 0.00% | −0.09 |
| CFLT Confluent Inc. Class A | Sold out | 0.00% | −0.08 |
| GOOGL Alphabet Inc. Class A | Sold out | 0.00% | −0.06 |
| WIX Wix.com Ltd. | Reduce -35.6% | 0.08% | −0.05 |
| TCOM Trip.com Group Ltd.-ADR | Sold out | 0.00% | −0.03 |
| MNDY Monday.com Ltd. | Reduce -27.1% | 0.05% | −0.01 |
Portfolio Buys Q4 2023 → Q1 2024
| EDU New Oriental Educatio-SP ADR | New | 7.09% | +7.09 |
| VRT Vertiv Holdings Co. Class A | New | 6.32% | +6.32 |
| MU Micron Technology Inc. | New | 5.90% | +5.90 |
| ANSS Ansys Inc. | New | 5.60% | +5.60 |
| KLAC KLA Corp. | New | 5.46% | +5.46 |
| NVDA Nvidia Corp. | New | 5.15% | +5.15 |
| LRCX Lam Research Corp. | New | 3.25% | +3.25 |
| QCOM Qualcomm Inc. | Add +88.8% | 6.53% | +3.15 |
| ASML ASML Holding NV-NY Reg SHS | New | 2.86% | +2.86 |
| TAL Tal Education Group- ADR | New | 2.76% | +2.76 |
| PDD PDD Holdings Inc. | Add +58.6% | 25.53% | +2.33 |
| APH Amphenol Corp. Class A | New | 1.35% | +1.35 |
| SNPS Synopsys Inc. | New | 1.18% | +1.18 |
| TSM Taiwan Semiconductor-SP ADR | New | 0.89% | +0.89 |
| GOTU Gaotu Techedu Inc. | New | 0.66% | +0.66 |
| SHOP Shopify Inc. Class A | New | 0.63% | +0.63 |
| DDOG Datadog Inc. Class A | New | 0.58% | +0.58 |
| LULU Lululemon Athletica Inc. | New | 0.50% | +0.50 |
| IBKR Interactive Brokers Gro Class A | New | 0.44% | +0.44 |
| SNAP Snap Inc. Class A | New | 0.42% | +0.42 |
| NFLX Netflix Inc. | New | 0.33% | +0.33 |
| ONON On Holding AG Class A | New | 0.28% | +0.28 |
| U Unity Software Inc. | New | 0.23% | +0.23 |
| AMZN Amazon.com Inc. | Add +7.5% | 1.53% | +0.16 |
| ABNB Airbnb Inc. Class A | New | 0.05% | +0.05 |
| DOCU Docusign Inc. | New | 0.05% | +0.05 |
| CYBR Cyberark Software Ltd./Israel | Add +21.2% | 0.09% | +0.02 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 42 | $1.1B | TSM, AMD, LITE, MRVL, GLW |
| Q1 2026 | 44 | $924.3M | MU, EWY, TSM, GOOGL, META |
| Q4 2025 | 59 | $960.9M | GOOGL, HOOD, NVDA, LITE, TCOM |
| Q3 2025 | 66 | $925.4M | TSLA, HOOD, NVDA, TSM, BABA |
| Q2 2025 | 68 | $978.6M | IBIT, TSM, SNOW, MA, TCOM |
| Q1 2025 | 88 | $1.5B | AMZN, META, MSFT, SNOW, HOOD |
| Q4 2024 | 69 | $680.2M | CRM, PDD, MSFT, VEEV, META |
| Q3 2024 | 59 | $2.8B | PDD, GOOGL, NVDA, GOOG, META |
| Q2 2024 | 26 | $2.8B | PDD, AAPL, MSFT, AMZN, ASML |
| Q1 2024 | 37 | $1.6B | PDD, EDU, QCOM, VRT, MU |