Tenere Capital LLC
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 14, 2024), Tenere Capital LLC reported 28 stock positions worth $336.9 million. Its top holding was Microsoft (MSFT) at 6.9% of the portfolio, followed by Apple (AAPL, 6.7%) and Alphabet Class A (GOOGL, 5.6%). Compared with Q1 2024, it opened 8 new positions, sold out of 7, added to 12 and reduced 8. The biggest buy was a new position in Palo Alto Networks (PANW) and the biggest sale an exit from Canadian Pacific Kansas City (CP).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0001849517
- Portfolio Value
- $336.9M (Q2 2024)
- SEC Filing
- 0001849517-24-000005 ↗ filed Aug 14, 2024
Holdings Value
Holdings 28 stocks · $336.9M
| MSFT Microsoft Corp. | 6.90% | 52,001 | $23.2M | Add +44.7% |
| AAPL Apple Inc. | 6.72% | 107,532 | $22.6M | Add +95.1% |
| GOOGL Alphabet Inc. Class A | 5.64% | 104,287 | $19.0M | Reduce -35.5% |
| V Visa Inc. Class A | 5.27% | 67,615 | $17.7M | Add +1.7% |
| TMO Thermo Fisher Scientific Inc. | 5.10% | 31,089 | $17.2M | Add +1.7% |
| TSM Taiwan Semiconductor-SP ADR | 4.89% | 94,796 | $16.5M | Reduce -31.0% |
| UNP Union Pacific Corp. | 4.88% | 72,740 | $16.5M | Add +1.7% |
| PANW Palo Alto Networks Inc. | 4.46% | 44,321 | $15.0M | New |
| AMZN Amazon.com Inc. | 4.16% | 72,450 | $14.0M | Add +21.1% |
| NOW ServiceNow Inc. | 4.13% | 17,669 | $13.9M | Add +47.6% |
| ADI Analog Devices Inc. | 3.74% | 55,224 | $12.6M | New |
| AVGO Broadcom Inc. | 3.41% | 7,154 | $11.5M | New |
| DDOG Datadog Inc. Class A | 3.33% | 86,590 | $11.2M | Add +41.5% |
| META Meta Platforms Inc. Class A | 3.14% | 21,009 | $10.6M | Reduce -46.2% |
| BX Blackstone Inc. | 3.14% | 85,473 | $10.6M | Add +1.7% |
| ICLR Icon PLC | 2.96% | 31,766 | $10.0M | New |
| DELL Dell Technologies -C | 2.94% | 71,803 | $9.9M | New |
| NSC Norfolk Southern Corp. | 2.85% | 44,746 | $9.6M | New |
| MRVL Marvell Technology Inc. | 2.74% | 132,268 | $9.2M | Add +55.3% |
| NKE Nike Inc. Class B | 2.65% | 118,567 | $8.9M | Reduce -14.3% |
| MU Micron Technology Inc. | 2.56% | 65,573 | $8.6M | Reduce -36.2% |
| DHR Danaher Corp. | 2.56% | 34,454 | $8.6M | Add +1.7% |
| TECH Bio-Techne Corp. | 2.43% | 114,253 | $8.2M | Add +1.7% |
| ORCL Oracle Corp. | 2.36% | 56,360 | $8.0M | New |
| EL Estee Lauder Companies Class A filed as LAUDER ESTEE COS INC | 2.16% | 68,479 | $7.3M | Reduce -16.8% |
| NEE Nextera Energy Inc. | 1.78% | 84,740 | $6.0M | Reduce -36.1% |
| VRT Vertiv Holdings Co. Class A | 1.56% | 60,733 | $5.3M | New |
| ADBE Adobe Inc. | 1.53% | 9,300 | $5.2M | Reduce -33.0% |
Portfolio Sells Q1 2024 → Q2 2024
| CP Canadian Pacific Kansas City | Sold out | 0.00% | −4.96 |
| ROK Rockwell Automation Inc. | Sold out | 0.00% | −3.79 |
| TMUS T-Mobile US Inc. | Sold out | 0.00% | −3.65 |
| BSX Boston Scientific Corp. | Sold out | 0.00% | −3.55 |
| NVDA Nvidia Corp. | Sold out | 0.00% | −3.46 |
| ADSK Autodesk Inc. | Sold out | 0.00% | −3.35 |
| META Meta Platforms Inc. Class A | Reduce -46.2% | 3.14% | −2.50 |
| GOOGL Alphabet Inc. Class A | Reduce -35.5% | 5.64% | −1.63 |
| EL Estee Lauder Companies Class A | Reduce -16.8% | 2.16% | −1.61 |
| RGEN Repligen Corp. | Sold out | 0.00% | −1.41 |
| NKE Nike Inc. Class B | Reduce -14.3% | 2.65% | −1.22 |
| MU Micron Technology Inc. | Reduce -36.2% | 2.56% | −1.05 |
| NEE Nextera Energy Inc. | Reduce -36.1% | 1.78% | −0.74 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -31.0% | 4.89% | −0.67 |
| ADBE Adobe Inc. | Reduce -33.0% | 1.53% | −0.55 |
Portfolio Buys Q1 2024 → Q2 2024
| PANW Palo Alto Networks Inc. | New | 4.46% | +4.46 |
| AAPL Apple Inc. | Add +95.1% | 6.72% | +3.91 |
| ADI Analog Devices Inc. | New | 3.74% | +3.74 |
| AVGO Broadcom Inc. | New | 3.41% | +3.41 |
| ICLR Icon PLC | New | 2.96% | +2.96 |
| DELL Dell Technologies -C | New | 2.94% | +2.94 |
| NSC Norfolk Southern Corp. | New | 2.85% | +2.85 |
| MSFT Microsoft Corp. | Add +44.7% | 6.90% | +2.40 |
| ORCL Oracle Corp. | New | 2.36% | +2.36 |
| VRT Vertiv Holdings Co. Class A | New | 1.56% | +1.56 |
| NOW ServiceNow Inc. | Add +47.6% | 4.13% | +1.41 |
| DDOG Datadog Inc. Class A | Add +41.5% | 3.33% | +1.08 |
| MRVL Marvell Technology Inc. | Add +55.3% | 2.74% | +0.95 |
| AMZN Amazon.com Inc. | Add +21.1% | 4.16% | +0.94 |
| TECH Bio-Techne Corp. | Add +1.7% | 2.43% | +0.08 |
| DHR Danaher Corp. | Add +1.7% | 2.56% | +0.04 |
| BX Blackstone Inc. | Add +1.7% | 3.14% | −0.15 |
| TMO Thermo Fisher Scientific Inc. | Add +1.7% | 5.10% | −0.19 |
| V Visa Inc. Class A | Add +1.7% | 5.27% | −0.26 |
| UNP Union Pacific Corp. | Add +1.7% | 4.88% | −0.35 |
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 |