Tekne Capital Management, LLC

In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 13, 2024), Tekne Capital Management, LLC reported 11 stock positions worth $349.8 million. Its top holding was Pagseguro Digital Class A (PAGS) at 26.4% of the portfolio, followed by Sea Ltd.-ADR (SE, 21.1%) and Kanzhun Ltd. - ADR (BZ, 11.4%). Compared with Q4 2023, it opened 3 new positions, sold out of 1, added to 1 and reduced 2. The biggest buy was a new position in JSC Kaspi.kz ADR (KSPI) and the biggest sale Block (XYZ, shares −54%).

Most Recent 13F
Q2 2026
Location
NEW YORK, NY
CIK
0001558971
Portfolio Value
$349.8M (Q1 2024)
SEC Filing
0000919574-24-002839 ↗ filed May 13, 2024

Holdings Value

0$100.0M$200.0M$300.0M$400.0M Q1 2024: $349.8M $349.8M Q1 2024 Q2 2024: $190.3M Q2 2024 Q3 2024: $246.7M Q3 2024 Q4 2024: $282.6M Q4 2024 Q1 2025: $262.3M Q1 2025 Q2 2025: $287.4M Q2 2025 Q3 2025: $354.2M Q3 2025 Q4 2025: $280.2M Q4 2025 Q1 2026: $236.7M Q1 2026 Q2 2026: $305.6M Q2 2026

Holdings 11 stocks · $349.8M
PAGS Pagseguro Digital Ltd. Class A 26.45% 6,479,000 $92.5M No change
SE Sea Ltd.-ADR 21.12% 1,375,693 $73.9M No change
BZ Kanzhun Ltd. - ADR 11.42% 2,279,870 $40.0M No change
KSPI JSC Kaspi.kz ADR filed as KASPI KZ JSC 9.46% 257,320 $33.1M New
KWEB Kranesh Csi China Internet 7.50% 1,000,000 $26.3M New
GDS GDS Holdings Ltd. - ADR filed as GDS HLDGS LTD 5.86% 3,084,302 $20.5M No change
DLO Dlocal Ltd. 5.25% 1,249,393 $18.4M New
DADA Dada Nexus Ltd.-ADR 5.08% 8,674,322 $17.8M Add +33.8%
XYZ Block Inc. 3.88% 160,395 $13.6M Reduce -54.2%
NFLX Netflix Inc. 3.84% 22,100 $13.4M Reduce -48.6%
API Agora Inc.-ADR 0.13% 178,220 $447K No change

Portfolio Sells Q4 2023 → Q1 2024
XYZ Block Inc. Reduce -54.2% 3.88% −6.00
NFLX Netflix Inc. Reduce -48.6% 3.84% −3.81
PDD PDD Holdings Inc. Sold out 0.00% −0.51

Portfolio Buys Q4 2023 → Q1 2024
KSPI JSC Kaspi.kz ADR New 9.46% +9.46
KWEB Kranesh Csi China Internet New 7.50% +7.50
DLO Dlocal Ltd. New 5.25% +5.25
DADA Dada Nexus Ltd.-ADR Add +33.8% 5.08% −2.77

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 6$305.6MGDS, ACMR, BTDR, BIDU, PAACU
Q1 2026 3$236.7MGDS, ACMR, PAACU
Q4 2025 4$280.2MGDS, BZ, ECHO, ACMR
Q3 2025 5$354.2MGDS, BZ, STNE, HEPS, TONX
Q2 2025 4$287.4MGDS, BZ, STNE, HEPS
Q1 2025 6$262.3MGDS, BZ, PAGS, HEPS, KSPI
Q4 2024 7$282.6MGDS, BZ, NBIS, PAGS, KSPI
Q3 2024 5$246.7MGDS, BZ, PAGS, KSPI, SE
Q2 2024 5$190.3MGDS, BZ, PAGS, KSPI, SE
Q1 2024 11$349.8MPAGS, SE, BZ, KSPI, KWEB