Tairen Capital Ltd
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 17, 2026), Tairen Capital Ltd reported 59 stock positions worth $960.9 million. Its top holding was Alphabet Class A (GOOGL) at 10.9% of the portfolio, followed by Robinhood Markets Class A (HOOD, 6.2%) and Nvidia (NVDA, 4.8%). Compared with Q3 2025, it opened 25 new positions, sold out of 32, added to 17 and reduced 11. The biggest buy was Alphabet Class A (GOOGL, shares +141%) and the biggest sale an exit from Tesla (TSLA).
- Most Recent 13F
- Q2 2026
- Location
- HONG KONG, K3
- CIK
- 0001652062
- Portfolio Value
- $960.9M (Q4 2025)
- SEC Filing
- 0001652062-26-000003 ↗ filed Feb 17, 2026
Holdings Value
Holdings 59 stocks · $960.9M
| GOOGL Alphabet Inc. Class A | 10.95% | 336,100 | $105.2M | Add +141.2% |
| HOOD Robinhood Markets Inc. Class A | 6.19% | 526,330 | $59.5M | Add +17.5% |
| NVDA Nvidia Corp. | 4.83% | 248,700 | $46.4M | Reduce -18.3% |
| LITE Lumentum Holdings Inc. | 4.11% | 107,250 | $39.5M | Add +366.3% |
| TCOM Trip.com Group Ltd.-ADR | 3.61% | 483,010 | $34.7M | Add +384.5% |
| SNDK Sandisk Corp. | 3.54% | 143,149 | $34.0M | New |
| RBLX Roblox Corp. Class A | 2.74% | 325,085 | $26.3M | Add +141.2% |
| KLAC KLA Corp. | 2.66% | 21,020 | $25.5M | New |
| CLS Celestica Inc. | 2.65% | 86,100 | $25.5M | Add +6900.0% |
| SNPS Synopsys Inc. | 2.58% | 52,708 | $24.8M | Add +13.5% |
| INTC Intel Corp. | 2.57% | 670,000 | $24.7M | Add +2437.9% |
| PGR Progressive Corp. | 2.36% | 99,777 | $22.7M | Add +20.3% |
| LULU Lululemon Athletica Inc. | 2.28% | 105,600 | $21.9M | New |
| TER Teradyne Inc. | 2.26% | 112,313 | $21.7M | Add +210.8% |
| HUBS HubSpot Inc. | 2.22% | 53,068 | $21.3M | New |
| AVGO Broadcom Inc. | 2.17% | 60,212 | $20.8M | Add +327.9% |
| SOLS Solstice Adv Materials Inc. | 2.14% | 423,000 | $20.5M | New |
| PDD PDD Holdings Inc. | 2.09% | 177,200 | $20.1M | Add +2115.0% |
| SPOT Spotify Technology SA | 2.06% | 34,100 | $19.8M | Add +237.6% |
| DDOG Datadog Inc. Class A | 2.05% | 144,800 | $19.7M | New |
| U Unity Software Inc. | 2.04% | 443,765 | $19.6M | Add +84.7% |
| ICE Intercontinental Exchange Inc. | 1.97% | 116,827 | $18.9M | New |
| LIN Linde PLC | 1.85% | 41,800 | $17.8M | No change |
| ASML ASML Holding NV-NY Reg SHS | 1.83% | 16,470 | $17.6M | Reduce -56.7% |
| ANET Arista Networks Inc. | 1.77% | 130,000 | $17.0M | New |
| SHOP Shopify Inc. Class A | 1.73% | 103,233 | $16.6M | Add +15.1% |
| COHR Coherent Corp. | 1.55% | 80,650 | $14.9M | New |
| ROOT Root Inc./Oh Class A | 1.21% | 160,798 | $11.6M | No change |
| MDB Mongodb Inc. | 1.21% | 27,600 | $11.6M | New |
| VEEV Veeva Systems Inc. Class A | 1.18% | 50,792 | $11.3M | Add +542.5% |
| HD Home Depot Inc. | 1.17% | 32,800 | $11.3M | New |
| WAB Wabtec Corp. | 1.13% | 50,794 | $10.8M | Reduce -40.9% |
| VRSK Verisk Analytics Inc. | 1.12% | 48,100 | $10.8M | No change |
| TSEM Tower Semiconductor Ltd. | 1.10% | 90,000 | $10.6M | New |
| APP AppLovin Corp. Class A | 1.06% | 15,080 | $10.2M | New |
| FIG Figma Inc. Class A | 1.01% | 260,200 | $9.7M | New |
| CRDO Credo Technology Group Holdi | 0.99% | 66,300 | $9.5M | New |
| DASH DoorDash Inc. Class A | 0.96% | 40,640 | $9.2M | New |
| ALAB Astera Labs Inc. | 0.96% | 55,213 | $9.2M | Add +163.6% |
| SE Sea Ltd.-ADR | 0.95% | 71,300 | $9.1M | New |
| GOOG Alphabet Inc. Class C | 0.90% | 27,620 | $8.7M | Reduce -40.8% |
| SNAP Snap Inc. Class A | 0.90% | 1,070,000 | $8.6M | Reduce -23.6% |
| EDU New Oriental Educatio-SP ADR | 0.89% | 155,300 | $8.5M | No change |
| PH Parker Hannifin Corp. | 0.77% | 8,400 | $7.4M | No change |
| FLS Flowserve Corp. | 0.58% | 80,000 | $5.6M | New |
| P Everpure Inc. Class A filed as PURE STORAGE INC | 0.56% | 80,000 | $5.4M | New |
| EL Estee Lauder Companies Class A filed as LAUDER ESTEE COS INC | 0.51% | 46,600 | $4.9M | New |
| DOCS Doximity Inc. Class A | 0.46% | 100,000 | $4.4M | Reduce -37.6% |
| GWRE Guidewire Software Inc. | 0.38% | 18,000 | $3.6M | New |
| FLR Fluor Corp. | 0.34% | 83,275 | $3.3M | New |
| MRVL Marvell Technology Inc. | 0.24% | 26,736 | $2.3M | Reduce -92.0% |
| TSM Taiwan Semiconductor-SP ADR | 0.21% | 6,550 | $2.0M | Reduce -95.9% |
| AS Amer Sports Inc. | 0.10% | 26,150 | $977K | Reduce -95.3% |
| BTI British American Tob-SP ADR | 0.10% | 16,290 | $922K | No change |
| SMTC Semtech Corp. | 0.06% | 8,100 | $597K | New |
| TTMI TTM Technologies | 0.06% | 8,000 | $552K | Reduce -8.1% |
| STX Seagate Technology Holdings | 0.05% | 1,820 | $501K | Reduce -6.2% |
| AMKR Amkor Technology Inc. | 0.03% | 6,500 | $257K | New |
| PONY Pony AI Inc. | 0.02% | 15,760 | $229K | New |
Portfolio Sells Q3 2025 → Q4 2025
| TSLA Tesla Inc. | Sold out | 0.00% | −7.02 |
| BABA Alibaba Group Holding-SP ADR | Sold out | 0.00% | −4.65 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -95.9% | 0.21% | −4.57 |
| SHW The Sherwin-Williams Co. | Sold out | 0.00% | −3.03 |
| MSFT Microsoft Corp. | Sold out | 0.00% | −2.80 |
| MRVL Marvell Technology Inc. | Reduce -92.0% | 0.24% | −2.80 |
| CEG Constellation Energy | Sold out | 0.00% | −2.40 |
| MU Micron Technology Inc. | Sold out | 0.00% | −2.19 |
| ASML ASML Holding NV-NY Reg SHS | Reduce -56.7% | 1.83% | −2.14 |
| FICO Fair Isaac Corp. | Sold out | 0.00% | −2.11 |
| NTES Netease Inc.-ADR | Sold out | 0.00% | −2.06 |
| SNOW Snowflake Inc. | Sold out | 0.00% | −2.04 |
| AS Amer Sports Inc. | Reduce -95.3% | 0.10% | −1.96 |
| WDC Western Digital Corp. | Sold out | 0.00% | −1.95 |
| TWLO Twilio Inc. Class A | Sold out | 0.00% | −1.72 |
| OKTA Okta Inc. | Sold out | 0.00% | −1.38 |
| BIRK Birkenstock Holding PLC | Sold out | 0.00% | −1.35 |
| NVDA Nvidia Corp. | Reduce -18.3% | 4.83% | −1.31 |
| ONON On Holding AG Class A | Sold out | 0.00% | −1.23 |
| ONTO Onto Innovation Inc. | Sold out | 0.00% | −1.21 |
| RMBS Rambus Inc. | Sold out | 0.00% | −1.16 |
| AMD Advanced Micro Devices | Sold out | 0.00% | −1.08 |
| GDS GDS Holdings Ltd. - ADR | Sold out | 0.00% | −1.01 |
| RSG Republic Services Inc. | Sold out | 0.00% | −0.93 |
| DOCS Doximity Inc. Class A | Reduce -37.6% | 0.46% | −0.81 |
| WAB Wabtec Corp. | Reduce -40.9% | 1.13% | −0.73 |
| QUBT Quantum Computing Inc. | Sold out | 0.00% | −0.68 |
| AAPL Apple Inc. | Sold out | 0.00% | −0.67 |
| TTD Trade Desk Inc./the Class A | Sold out | 0.00% | −0.50 |
| GOOG Alphabet Inc. Class C | Reduce -40.8% | 0.90% | −0.33 |
| SNAP Snap Inc. Class A | Reduce -23.6% | 0.90% | −0.27 |
| DUOL Duolingo | Sold out | 0.00% | −0.24 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Sold out | 0.00% | −0.11 |
| LRCX Lam Research Corp. | Sold out | 0.00% | −0.11 |
| BTDR Bitdeer Technologies Group-A | Sold out | 0.00% | −0.09 |
| SMCI Super Micro Computer Inc. | Sold out | 0.00% | −0.06 |
| VST Vistra Corp. | Sold out | 0.00% | −0.06 |
| BE Bloom Energy Corp. Class A | Sold out | 0.00% | −0.04 |
| INVESTMENT MANAGERS SER TR I | Sold out | 0.00% | −0.03 |
| ORCL Oracle Corp. | Sold out | 0.00% | −0.02 |
| LX Lexinfintech Holdings L-ADR | Sold out | 0.00% | −0.01 |
| STX Seagate Technology Holdings | Reduce -6.2% | 0.05% | +0.00 |
| TTMI TTM Technologies | Reduce -8.1% | 0.06% | +0.00 |
Portfolio Buys Q3 2025 → Q4 2025
| GOOGL Alphabet Inc. Class A | Add +141.2% | 10.95% | +7.29 |
| LITE Lumentum Holdings Inc. | Add +366.3% | 4.11% | +3.71 |
| SNDK Sandisk Corp. | New | 3.54% | +3.54 |
| TCOM Trip.com Group Ltd.-ADR | Add +384.5% | 3.61% | +2.80 |
| KLAC KLA Corp. | New | 2.66% | +2.66 |
| CLS Celestica Inc. | Add +6900.0% | 2.65% | +2.62 |
| INTC Intel Corp. | Add +2437.9% | 2.57% | +2.48 |
| LULU Lululemon Athletica Inc. | New | 2.28% | +2.28 |
| HUBS HubSpot Inc. | New | 2.22% | +2.22 |
| SOLS Solstice Adv Materials Inc. | New | 2.14% | +2.14 |
| DDOG Datadog Inc. Class A | New | 2.05% | +2.05 |
| PDD PDD Holdings Inc. | Add +2115.0% | 2.09% | +1.98 |
| ICE Intercontinental Exchange Inc. | New | 1.97% | +1.97 |
| ANET Arista Networks Inc. | New | 1.77% | +1.77 |
| TER Teradyne Inc. | Add +210.8% | 2.26% | +1.72 |
| AVGO Broadcom Inc. | Add +327.9% | 2.17% | +1.67 |
| COHR Coherent Corp. | New | 1.55% | +1.55 |
| SPOT Spotify Technology SA | Add +237.6% | 2.06% | +1.30 |
| MDB Mongodb Inc. | New | 1.21% | +1.21 |
| HD Home Depot Inc. | New | 1.17% | +1.17 |
| TSEM Tower Semiconductor Ltd. | New | 1.10% | +1.10 |
| APP AppLovin Corp. Class A | New | 1.06% | +1.06 |
| FIG Figma Inc. Class A | New | 1.01% | +1.01 |
| U Unity Software Inc. | Add +84.7% | 2.04% | +1.00 |
| CRDO Credo Technology Group Holdi | New | 0.99% | +0.99 |
| DASH DoorDash Inc. Class A | New | 0.96% | +0.96 |
| SE Sea Ltd.-ADR | New | 0.95% | +0.95 |
| VEEV Veeva Systems Inc. Class A | Add +542.5% | 1.18% | +0.93 |
| RBLX Roblox Corp. Class A | Add +141.2% | 2.74% | +0.72 |
| FLS Flowserve Corp. | New | 0.58% | +0.58 |
| P Everpure Inc. Class A | New | 0.56% | +0.56 |
| ALAB Astera Labs Inc. | Add +163.6% | 0.96% | +0.51 |
| EL Estee Lauder Companies Class A | New | 0.51% | +0.51 |
| GWRE Guidewire Software Inc. | New | 0.38% | +0.38 |
| FLR Fluor Corp. | New | 0.34% | +0.34 |
| SHOP Shopify Inc. Class A | Add +15.1% | 1.73% | +0.29 |
| PGR Progressive Corp. | Add +20.3% | 2.36% | +0.15 |
| SNPS Synopsys Inc. | Add +13.5% | 2.58% | +0.10 |
| SMTC Semtech Corp. | New | 0.06% | +0.06 |
| AMKR Amkor Technology Inc. | New | 0.03% | +0.03 |
| PONY Pony AI Inc. | New | 0.02% | +0.02 |
| HOOD Robinhood Markets Inc. Class A | Add +17.5% | 6.19% | −0.73 |
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 |