Tenere Capital LLC
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 14, 2026), Tenere Capital LLC reported 23 stock positions worth $125.9 million. Its top holding was Nvidia (NVDA) at 10.6% of the portfolio, followed by General Electric (GE, 7.8%) and Goldman Sachs (GS, 6.2%). Compared with Q1 2026, it opened 8 new positions, sold out of 7, added to 5 and reduced 10. The biggest buy was a new position in Hilton Worldwide (HLT) and the biggest sale Meta Platforms Class A (META, shares −73%).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0001849517
- Portfolio Value
- $125.9M (Q2 2026)
- SEC Filing
- 0001849517-26-000005 ↗ filed Aug 14, 2026
Holdings Value
Holdings 23 stocks · $125.9M
| NVDA Nvidia Corp. | 10.61% | 66,733 | $13.4M | Reduce -13.7% |
| GE General Electric filed as GE AEROSPACE | 7.84% | 26,403 | $9.9M | Reduce -21.0% |
| GS Goldman Sachs Group Inc. | 6.25% | 7,774 | $7.9M | Add +34.4% |
| CSX CSX Corp. | 6.06% | 160,470 | $7.6M | Add +72.0% |
| AMAT Applied Materials Inc. | 5.93% | 10,332 | $7.5M | Reduce -37.1% |
| HLT Hilton Worldwide Holdings Inc. | 5.10% | 19,426 | $6.4M | New |
| V Visa Inc. Class A | 4.93% | 18,104 | $6.2M | Add +26.5% |
| TSM Taiwan Semiconductor-SP ADR | 4.65% | 12,248 | $5.8M | Reduce -56.8% |
| MTN Vail Resorts Inc. | 4.40% | 40,724 | $5.5M | New |
| GOOGL Alphabet Inc. Class A | 4.35% | 15,336 | $5.5M | Add +20.1% |
| AAPL Apple Inc. | 4.35% | 18,925 | $5.5M | Reduce -58.0% |
| CSCO Cisco Systems Inc. | 4.17% | 44,677 | $5.2M | New |
| TMO Thermo Fisher Scientific Inc. | 3.63% | 9,127 | $4.6M | New |
| COF Capital One Financial Corp. | 3.63% | 22,805 | $4.6M | New |
| LLY Eli Lilly & Co. | 3.47% | 3,642 | $4.4M | Reduce -44.7% |
| AMZN Amazon.com Inc. | 3.27% | 17,272 | $4.1M | Add +11.5% |
| UNH Unitedhealth Group Inc. | 3.01% | 9,122 | $3.8M | New |
| META Meta Platforms Inc. Class A | 2.69% | 6,023 | $3.4M | Reduce -73.2% |
| EQIX Equinix Inc. | 2.48% | 2,998 | $3.1M | New |
| DOCN Digitalocean Holdings Inc. | 2.36% | 18,896 | $3.0M | New |
| SHOP Shopify Inc. Class A | 2.33% | 25,691 | $2.9M | Reduce -37.3% |
| ASML ASML Holding NV-NY Reg SHS filed as ASML HLDG NV | 2.30% | 1,456 | $2.9M | Reduce -81.7% |
| ADI Analog Devices Inc. | 2.17% | 6,889 | $2.7M | Reduce -65.4% |
Portfolio Sells Q1 2026 → Q2 2026
| META Meta Platforms Inc. Class A | Reduce -73.2% | 2.69% | −6.73 |
| ASML ASML Holding NV-NY Reg SHS | Reduce -81.7% | 2.30% | −5.40 |
| BLK BlackRock Inc. | Sold out | 0.00% | −4.62 |
| AAPL Apple Inc. | Reduce -58.0% | 4.35% | −4.04 |
| CAT Caterpillar Inc. | Sold out | 0.00% | −3.86 |
| INTC Intel Corp. | Sold out | 0.00% | −3.59 |
| GEV GE Vernova Inc. | Sold out | 0.00% | −3.09 |
| ADI Analog Devices Inc. | Reduce -65.4% | 2.17% | −2.47 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -56.8% | 4.65% | −2.38 |
| MSFT Microsoft Corp. | Sold out | 0.00% | −1.96 |
| COIN Coinbase Global Inc. Class A | Sold out | 0.00% | −1.51 |
| SHOP Shopify Inc. Class A | Reduce -37.3% | 2.33% | −1.23 |
| LLY Eli Lilly & Co. | Reduce -44.7% | 3.47% | −0.97 |
| KLAR Klarna Group PLC | Sold out | 0.00% | −0.59 |
| NVDA Nvidia Corp. | Reduce -13.7% | 10.61% | +0.72 |
| GE General Electric | Reduce -21.0% | 7.84% | +0.88 |
| AMAT Applied Materials Inc. | Reduce -37.1% | 5.93% | +1.82 |
Portfolio Buys Q1 2026 → Q2 2026
| HLT Hilton Worldwide Holdings Inc. | New | 5.10% | +5.10 |
| MTN Vail Resorts Inc. | New | 4.40% | +4.40 |
| CSCO Cisco Systems Inc. | New | 4.17% | +4.17 |
| TMO Thermo Fisher Scientific Inc. | New | 3.63% | +3.63 |
| COF Capital One Financial Corp. | New | 3.63% | +3.63 |
| CSX CSX Corp. | Add +72.0% | 6.06% | +3.25 |
| UNH Unitedhealth Group Inc. | New | 3.01% | +3.01 |
| GS Goldman Sachs Group Inc. | Add +34.4% | 6.25% | +2.66 |
| EQIX Equinix Inc. | New | 2.48% | +2.48 |
| DOCN Digitalocean Holdings Inc. | New | 2.36% | +2.36 |
| V Visa Inc. Class A | Add +26.5% | 4.93% | +1.76 |
| GOOGL Alphabet Inc. Class A | Add +20.1% | 4.35% | +1.66 |
| AMZN Amazon.com Inc. | Add +11.5% | 3.27% | +0.91 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 23 | $125.9M | NVDA, GE, GS, CSX, AMAT |
| Q1 2026 | 22 | $136.4M | NVDA, META, AAPL, ASML, TSM |
| Q4 2025 | 22 | $129.1M | AAPL, NVDA, BLK, TSM, GS |
| Q3 2025Amended | 21 | $424.0M | V, AMZN, BX, MSFT, NVDA |
| Q2 2025 | 19 | $390.5M | META, MSFT, BX, NVDA, ADI |
| Q1 2025 | 21 | $363.4M | MSFT, DHR, BX, NVDA, AMZN |
| Q4 2024 | 23 | $377.6M | MSFT, GOOGL, V, BLK, AMZN |
| Q3 2024 | 26 | $376.2M | AAPL, MSFT, NVDA, GOOGL, NKE |
| Q2 2024 | 28 | $336.9M | MSFT, AAPL, GOOGL, V, TMO |
| Q1 2024 | 27 | $335.9M | GOOGL, META, TSM, V, TMO |