Tekne Capital Management, LLC

In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 13, 2024), Tekne Capital Management, LLC reported 5 stock positions worth $190.3 million. Its top holding was GDS Holdings Ltd. - ADR (GDS) at 30.2% of the portfolio, followed by Kanzhun Ltd. - ADR (BZ, 29.7%) and Pagseguro Digital Class A (PAGS, 23.8%). Compared with Q1 2024, it sold out of 6, added to 2 and reduced 3. The biggest buy was GDS Holdings Ltd. - ADR (GDS, shares +101%) and the biggest sale Sea Ltd.-ADR (SE, shares −98%).

Most Recent 13F
Q2 2026
Location
NEW YORK, NY
CIK
0001558971
Portfolio Value
$190.3M (Q2 2024)
SEC Filing
0000919574-24-004405 ↗ filed Aug 13, 2024

Holdings Value

0$100.0M$200.0M$300.0M$400.0M Q1 2024: $349.8M Q1 2024 Q2 2024: $190.3M $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 5 stocks · $190.3M
GDS GDS Holdings Ltd. - ADR filed as GDS HLDGS LTD 30.23% 6,194,521 $57.5M Add +100.8%
BZ Kanzhun Ltd. - ADR 29.68% 3,002,820 $56.5M Add +31.7%
PAGS Pagseguro Digital Ltd. Class A 23.79% 3,872,868 $45.3M Reduce -40.2%
KSPI JSC Kaspi.kz ADR filed as KASPI KZ JSC 15.22% 224,500 $29.0M Reduce -12.8%
SE Sea Ltd.-ADR 1.09% 28,984 $2.1M Reduce -97.9%

Portfolio Sells Q1 2024 → Q2 2024
SE Sea Ltd.-ADR Reduce -97.9% 1.09% −20.03
KWEB Kranesh Csi China Internet Sold out 0.00% −7.50
DLO Dlocal Ltd. Sold out 0.00% −5.25
DADA Dada Nexus Ltd.-ADR Sold out 0.00% −5.08
XYZ Block Inc. Sold out 0.00% −3.88
NFLX Netflix Inc. Sold out 0.00% −3.84
PAGS Pagseguro Digital Ltd. Class A Reduce -40.2% 23.79% −2.66
API Agora Inc.-ADR Sold out 0.00% −0.13
KSPI JSC Kaspi.kz ADR Reduce -12.8% 15.22% +5.75

Portfolio Buys Q1 2024 → Q2 2024
GDS GDS Holdings Ltd. - ADR Add +100.8% 30.23% +24.37
BZ Kanzhun Ltd. - ADR Add +31.7% 29.68% +18.25

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