Tekne Capital Management, LLC
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 13, 2025), Tekne Capital Management, LLC reported 7 stock positions worth $282.6 million. Its top holding was GDS Holdings Ltd. - ADR (GDS) at 52.1% of the portfolio, followed by Kanzhun Ltd. - ADR (BZ, 15.6%) and Nebius (NBIS, 9.1%). Compared with Q3 2024, it opened 2 new positions and reduced 3. The biggest buy was a new position in Nebius (NBIS) and the biggest sale Kanzhun Ltd. - ADR (BZ, shares −8%).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0001558971
- Portfolio Value
- $282.6M (Q4 2024)
- SEC Filing
- 0000919574-25-001102 ↗ filed Feb 13, 2025
Holdings Value
Holdings 7 stocks · $282.6M
| GDS GDS Holdings Ltd. - ADR filed as GDS HLDGS LTD | 52.08% | 6,194,521 | $147.2M | No change |
| BZ Kanzhun Ltd. - ADR | 15.63% | 3,200,000 | $44.2M | Reduce -8.1% |
| NBIS Nebius Group NV | 9.07% | 925,000 | $25.6M | New |
| PAGS Pagseguro Digital Ltd. Class A | 8.05% | 3,633,285 | $22.7M | Reduce -6.2% |
| KSPI JSC Kaspi.kz ADR filed as KASPI KZ JSC | 7.52% | 224,500 | $21.3M | No change |
| HEPS D-Market Electronic Serv-ADR | 6.65% | 6,200,000 | $18.8M | New |
| SE Sea Ltd.-ADR | 1.00% | 26,684 | $2.8M | Reduce -7.9% |
Portfolio Sells Q3 2024 → Q4 2024
Portfolio Buys Q3 2024 → Q4 2024
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 6 | $305.6M | GDS, ACMR, BTDR, BIDU, PAACU |
| Q1 2026 | 3 | $236.7M | GDS, ACMR, PAACU |
| Q4 2025 | 4 | $280.2M | GDS, BZ, ECHO, ACMR |
| Q3 2025 | 5 | $354.2M | GDS, BZ, STNE, HEPS, TONX |
| Q2 2025 | 4 | $287.4M | GDS, BZ, STNE, HEPS |
| Q1 2025 | 6 | $262.3M | GDS, BZ, PAGS, HEPS, KSPI |
| Q4 2024 | 7 | $282.6M | GDS, BZ, NBIS, PAGS, KSPI |
| Q3 2024 | 5 | $246.7M | GDS, BZ, PAGS, KSPI, SE |
| Q2 2024 | 5 | $190.3M | GDS, BZ, PAGS, KSPI, SE |
| Q1 2024 | 11 | $349.8M | PAGS, SE, BZ, KSPI, KWEB |