Tairen Capital Ltd
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 13, 2025), Tairen Capital Ltd reported 66 stock positions worth $925.4 million. Its top holding was Tesla (TSLA) at 7.0% of the portfolio, followed by Robinhood Markets Class A (HOOD, 6.9%) and Nvidia (NVDA, 6.1%). Compared with Q2 2025, it opened 33 new positions, sold out of 35, added to 13 and reduced 18. The biggest buy was a new position in Tesla (TSLA) and the biggest sale an exit from iShares Bitcoin Trust ETF (IBIT).
- Most Recent 13F
- Q2 2026
- Location
- HONG KONG, K3
- CIK
- 0001652062
- Portfolio Value
- $925.4M (Q3 2025)
- SEC Filing
- 0001652062-25-000005 ↗ filed Nov 13, 2025
Holdings Value
Holdings 66 stocks · $925.4M
| TSLA Tesla Inc. | 7.02% | 146,108 | $65.0M | New |
| HOOD Robinhood Markets Inc. Class A | 6.93% | 447,900 | $64.1M | Add +58.1% |
| NVDA Nvidia Corp. | 6.14% | 304,524 | $56.8M | Add +181.3% |
| TSM Taiwan Semiconductor-SP ADR | 4.78% | 158,302 | $44.2M | Reduce -14.4% |
| BABA Alibaba Group Holding-SP ADR | 4.65% | 240,876 | $43.1M | New |
| ASML ASML Holding NV-NY Reg SHS | 3.98% | 38,000 | $36.8M | New |
| GOOGL Alphabet Inc. Class A | 3.66% | 139,359 | $33.9M | Add +112.6% |
| MRVL Marvell Technology Inc. | 3.04% | 334,610 | $28.1M | Add +677.6% |
| SHW The Sherwin-Williams Co. | 3.03% | 81,000 | $28.0M | Add +3.0% |
| MSFT Microsoft Corp. | 2.80% | 50,100 | $25.9M | Add +206.3% |
| SNPS Synopsys Inc. | 2.48% | 46,442 | $22.9M | New |
| CEG Constellation Energy | 2.40% | 67,600 | $22.2M | New |
| PGR Progressive Corp. | 2.21% | 82,977 | $20.5M | Add +2.4% |
| MU Micron Technology Inc. | 2.19% | 121,356 | $20.3M | Reduce -23.9% |
| LIN Linde PLC | 2.15% | 41,800 | $19.9M | Add +297.7% |
| FICO Fair Isaac Corp. | 2.11% | 13,050 | $19.5M | New |
| AS Amer Sports Inc. | 2.07% | 550,200 | $19.1M | Reduce -0.3% |
| NTES Netease Inc.-ADR | 2.06% | 125,718 | $19.1M | New |
| SNOW Snowflake Inc. | 2.04% | 83,625 | $18.9M | Reduce -44.8% |
| RBLX Roblox Corp. Class A | 2.02% | 134,787 | $18.7M | New |
| WDC Western Digital Corp. | 1.95% | 150,000 | $18.0M | New |
| WAB Wabtec Corp. | 1.86% | 86,000 | $17.2M | Add +6891.9% |
| TWLO Twilio Inc. Class A | 1.72% | 159,318 | $15.9M | Add +98.4% |
| ROOT Root Inc./Oh Class A | 1.56% | 160,798 | $14.4M | Reduce -1.2% |
| SHOP Shopify Inc. Class A | 1.44% | 89,700 | $13.3M | New |
| OKTA Okta Inc. | 1.38% | 139,700 | $12.8M | Add +115.6% |
| BIRK Birkenstock Holding PLC | 1.35% | 276,200 | $12.5M | No change |
| VRSK Verisk Analytics Inc. | 1.31% | 48,100 | $12.1M | New |
| DOCS Doximity Inc. Class A | 1.27% | 160,183 | $11.7M | Add +187.1% |
| ONON On Holding AG Class A filed as ON HLDG AG | 1.23% | 268,900 | $11.4M | New |
| GOOG Alphabet Inc. Class C | 1.23% | 46,651 | $11.4M | Reduce -28.1% |
| ONTO Onto Innovation Inc. | 1.21% | 86,344 | $11.2M | New |
| SNAP Snap Inc. Class A | 1.17% | 1,400,000 | $10.8M | New |
| RMBS Rambus Inc. | 1.16% | 103,073 | $10.7M | New |
| AMD Advanced Micro Devices | 1.08% | 61,900 | $10.0M | New |
| U Unity Software Inc. | 1.04% | 240,206 | $9.6M | Reduce -61.7% |
| GDS GDS Holdings Ltd. - ADR filed as GDS HLDGS LTD | 1.01% | 241,156 | $9.3M | New |
| RSG Republic Services Inc. | 0.93% | 37,600 | $8.6M | Add +4077.8% |
| EDU New Oriental Educatio-SP ADR | 0.89% | 155,300 | $8.2M | New |
| TCOM Trip.com Group Ltd.-ADR | 0.81% | 99,700 | $7.5M | Reduce -80.1% |
| SPOT Spotify Technology SA | 0.76% | 10,100 | $7.0M | New |
| PH Parker Hannifin Corp. | 0.69% | 8,400 | $6.4M | No change |
| QUBT Quantum Computing Inc. | 0.68% | 342,750 | $6.3M | New |
| AAPL Apple Inc. | 0.67% | 24,190 | $6.2M | Reduce -74.1% |
| TER Teradyne Inc. | 0.54% | 36,133 | $5.0M | New |
| TTD Trade Desk Inc./the Class A filed as THE TRADE DESK INC | 0.50% | 94,800 | $4.6M | New |
| AVGO Broadcom Inc. | 0.50% | 14,070 | $4.6M | Reduce -43.0% |
| ALAB Astera Labs Inc. | 0.44% | 20,950 | $4.1M | New |
| LITE Lumentum Holdings Inc. | 0.40% | 23,000 | $3.7M | New |
| VEEV Veeva Systems Inc. Class A | 0.25% | 7,905 | $2.4M | Reduce -80.2% |
| DUOL Duolingo | 0.24% | 6,900 | $2.2M | New |
| PDD PDD Holdings Inc. | 0.11% | 8,000 | $1.1M | Reduce -91.8% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 0.11% | 11,100 | $1.0M | Reduce -61.9% |
| LRCX Lam Research Corp. | 0.11% | 7,350 | $984K | New |
| INTC Intel Corp. | 0.10% | 26,400 | $886K | Reduce -87.7% |
| BTI British American Tob-SP ADR | 0.09% | 16,290 | $865K | New |
| BTDR Bitdeer Technologies Group-A | 0.09% | 48,200 | $824K | New |
| SMCI Super Micro Computer Inc. | 0.06% | 12,000 | $575K | New |
| VST Vistra Corp. | 0.06% | 2,930 | $574K | New |
| TTMI TTM Technologies | 0.05% | 8,700 | $501K | Reduce -58.2% |
| STX Seagate Technology Holdings | 0.05% | 1,940 | $458K | Reduce -93.5% |
| BE Bloom Energy Corp. Class A | 0.04% | 4,400 | $372K | New |
| CLS Celestica Inc. | 0.03% | 1,230 | $303K | Reduce -90.2% |
| INVESTMENT MANAGERS SER TR I | 0.03% | 10,300 | $284K | New |
| ORCL Oracle Corp. | 0.02% | 750 | $211K | Reduce -99.2% |
| LX Lexinfintech Holdings L-ADR | 0.01% | 11,120 | $59K | New |
Portfolio Sells Q2 2025 → Q3 2025
| IBIT iShares Bitcoin Trust ETF | Sold out | 0.00% | −14.79 |
| MA Mastercard Inc. Class A | Sold out | 0.00% | −3.26 |
| META Meta Platforms Inc. Class A | Sold out | 0.00% | −2.95 |
| GS Goldman Sachs Group Inc. | Sold out | 0.00% | −2.89 |
| MNDY Monday.com Ltd. | Sold out | 0.00% | −2.73 |
| NTRA Natera Inc. | Sold out | 0.00% | −2.45 |
| V Visa Inc. Class A | Sold out | 0.00% | −2.21 |
| TCOM Trip.com Group Ltd.-ADR | Reduce -80.1% | 0.81% | −2.19 |
| IBKR Interactive Brokers Gro Class A | Sold out | 0.00% | −2.17 |
| ORCL Oracle Corp. | Reduce -99.2% | 0.02% | −2.11 |
| COIN Coinbase Global Inc. Class A | Sold out | 0.00% | −2.08 |
| FLUT Flutter Entertainment PLC-Di | Sold out | 0.00% | −1.92 |
| FUTU Futu Holdings Ltd.-ADR | Sold out | 0.00% | −1.86 |
| CFLT Confluent Inc. Class A | Sold out | 0.00% | −1.73 |
| AMZN Amazon.com Inc. | Sold out | 0.00% | −1.66 |
| SNOW Snowflake Inc. | Reduce -44.8% | 2.04% | −1.42 |
| XYZ Block Inc. | Sold out | 0.00% | −1.31 |
| AAPL Apple Inc. | Reduce -74.1% | 0.67% | −1.29 |
| DDOG Datadog Inc. Class A | Sold out | 0.00% | −1.21 |
| AAP Advance Auto Parts Inc. | Sold out | 0.00% | −1.19 |
| AMBA Ambarella Inc. | Sold out | 0.00% | −0.99 |
| TPR Tapestry Inc. | Sold out | 0.00% | −0.93 |
| PDD PDD Holdings Inc. | Reduce -91.8% | 0.11% | −0.93 |
| VEEV Veeva Systems Inc. Class A | Reduce -80.2% | 0.25% | −0.92 |
| HCA HCA Healthcare Inc. | Sold out | 0.00% | −0.88 |
| DOCU Docusign Inc. | Sold out | 0.00% | −0.80 |
| MNSO Miniso Group Holding Ltd.-ADR | Sold out | 0.00% | −0.70 |
| GWRE Guidewire Software Inc. | Sold out | 0.00% | −0.69 |
| WIX Wix.com Ltd. | Sold out | 0.00% | −0.57 |
| ROOT Root Inc./Oh Class A | Reduce -1.2% | 1.56% | −0.57 |
| ANSS Ansys Inc. | Sold out | 0.00% | −0.55 |
| ESTC Elastic NV | Sold out | 0.00% | −0.52 |
| U Unity Software Inc. | Reduce -61.7% | 1.04% | −0.51 |
| JPM JPMorgan Chase & Co. | Sold out | 0.00% | −0.50 |
| IQV Iqvia Holdings Inc. | Sold out | 0.00% | −0.48 |
| ASHR Xtrackers Harvest Csi 300 CH | Sold out | 0.00% | −0.48 |
| INTC Intel Corp. | Reduce -87.7% | 0.10% | −0.40 |
| STX Seagate Technology Holdings | Reduce -93.5% | 0.05% | −0.39 |
| TEM Tempus AI Inc. Class A | Sold out | 0.00% | −0.38 |
| CYBR Cyberark Software Ltd./Israel | Sold out | 0.00% | −0.21 |
| AVGO Broadcom Inc. | Reduce -43.0% | 0.50% | −0.19 |
| CLS Celestica Inc. | Reduce -90.2% | 0.03% | −0.17 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Reduce -61.9% | 0.11% | −0.16 |
| AS Amer Sports Inc. | Reduce -0.3% | 2.07% | −0.12 |
| CRDO Credo Technology Group Holdi | Sold out | 0.00% | −0.08 |
| CRCL Circle Internet Group Inc. | Sold out | 0.00% | −0.07 |
| CDNS Cadence Design SYS Inc. | Sold out | 0.00% | −0.05 |
| TTMI TTM Technologies | Reduce -58.2% | 0.05% | −0.03 |
| BR Broadridge Financial Solutio | Sold out | 0.00% | −0.02 |
| MSCI MSCI Inc. | Sold out | 0.00% | −0.02 |
Portfolio Buys Q2 2025 → Q3 2025
| TSLA Tesla Inc. | New | 7.02% | +7.02 |
| BABA Alibaba Group Holding-SP ADR | New | 4.65% | +4.65 |
| NVDA Nvidia Corp. | Add +181.3% | 6.14% | +4.39 |
| HOOD Robinhood Markets Inc. Class A | Add +58.1% | 6.93% | +4.22 |
| ASML ASML Holding NV-NY Reg SHS | New | 3.98% | +3.98 |
| MRVL Marvell Technology Inc. | Add +677.6% | 3.04% | +2.70 |
| GOOGL Alphabet Inc. Class A | Add +112.6% | 3.66% | +2.48 |
| SNPS Synopsys Inc. | New | 2.48% | +2.48 |
| CEG Constellation Energy | New | 2.40% | +2.40 |
| FICO Fair Isaac Corp. | New | 2.11% | +2.11 |
| NTES Netease Inc.-ADR | New | 2.06% | +2.06 |
| RBLX Roblox Corp. Class A | New | 2.02% | +2.02 |
| MSFT Microsoft Corp. | Add +206.3% | 2.80% | +1.97 |
| WDC Western Digital Corp. | New | 1.95% | +1.95 |
| WAB Wabtec Corp. | Add +6891.9% | 1.86% | +1.84 |
| LIN Linde PLC | Add +297.7% | 2.15% | +1.64 |
| SHOP Shopify Inc. Class A | New | 1.44% | +1.44 |
| VRSK Verisk Analytics Inc. | New | 1.31% | +1.31 |
| ONON On Holding AG Class A | New | 1.23% | +1.23 |
| ONTO Onto Innovation Inc. | New | 1.21% | +1.21 |
| SNAP Snap Inc. Class A | New | 1.17% | +1.17 |
| RMBS Rambus Inc. | New | 1.16% | +1.16 |
| AMD Advanced Micro Devices | New | 1.08% | +1.08 |
| GDS GDS Holdings Ltd. - ADR | New | 1.01% | +1.01 |
| DOCS Doximity Inc. Class A | Add +187.1% | 1.27% | +0.92 |
| RSG Republic Services Inc. | Add +4077.8% | 0.93% | +0.91 |
| EDU New Oriental Educatio-SP ADR | New | 0.89% | +0.89 |
| SPOT Spotify Technology SA | New | 0.76% | +0.76 |
| OKTA Okta Inc. | Add +115.6% | 1.38% | +0.72 |
| TWLO Twilio Inc. Class A | Add +98.4% | 1.72% | +0.70 |
| QUBT Quantum Computing Inc. | New | 0.68% | +0.68 |
| TER Teradyne Inc. | New | 0.54% | +0.54 |
| TTD Trade Desk Inc./the Class A | New | 0.50% | +0.50 |
| ALAB Astera Labs Inc. | New | 0.44% | +0.44 |
| LITE Lumentum Holdings Inc. | New | 0.40% | +0.40 |
| SHW The Sherwin-Williams Co. | Add +3.0% | 3.03% | +0.27 |
| DUOL Duolingo | New | 0.24% | +0.24 |
| LRCX Lam Research Corp. | New | 0.11% | +0.11 |
| BTI British American Tob-SP ADR | New | 0.09% | +0.09 |
| BTDR Bitdeer Technologies Group-A | New | 0.09% | +0.09 |
| SMCI Super Micro Computer Inc. | New | 0.06% | +0.06 |
| VST Vistra Corp. | New | 0.06% | +0.06 |
| BE Bloom Energy Corp. Class A | New | 0.04% | +0.04 |
| INVESTMENT MANAGERS SER TR I | New | 0.03% | +0.03 |
| LX Lexinfintech Holdings L-ADR | New | 0.01% | +0.01 |
| PGR Progressive Corp. | Add +2.4% | 2.21% | +0.00 |
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 |