Tenzing Global Management, LLC
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 14, 2025), Tenzing Global Management, LLC reported 19 stock positions worth $148.8 million. Its top holding was Gogo (GOGO) at 21.9% of the portfolio, followed by Netgear (NTGR, 11.7%) and Taiwan Semiconductor-SP ADR (TSM, 8.0%). Compared with Q1 2025, it opened 7 new positions, sold out of 10, added to 4 and reduced 7. The biggest buy was a new position in Fox Factory (FOXF) and the biggest sale Viasat (VSAT, shares −89%).
- Most Recent 13F
- Q2 2026
- Location
- SAN FRANCISCO, CA
- CIK
- 0001624095
- Portfolio Value
- $148.8M (Q2 2025)
- SEC Filing
- 0001214659-25-012235 ↗ filed Aug 14, 2025
Holdings Value
Holdings 19 stocks · $148.8M
| GOGO Gogo Inc. | 21.95% | 2,225,000 | $32.7M | Reduce -18.4% |
| NTGR Netgear Inc. | 11.72% | 600,000 | $17.4M | Add +4.3% |
| TSM Taiwan Semiconductor-SP ADR | 7.99% | 52,500 | $11.9M | Add +16.7% |
| YEXT Yext Inc. | 7.28% | 1,275,000 | $10.8M | Reduce -44.6% |
| FOXF Fox Factory Holding Corp. | 6.10% | 350,000 | $9.1M | New |
| URBN Urban Outfitters Inc. | 5.61% | 115,000 | $8.3M | New |
| NFLX Netflix Inc. | 5.17% | 5,750 | $7.7M | Reduce -28.1% |
| TPR Tapestry Inc. | 4.72% | 80,000 | $7.0M | Add +6.7% |
| DAVE Dave Inc. | 4.33% | 24,000 | $6.4M | New |
| AMAT Applied Materials Inc. | 4.31% | 35,000 | $6.4M | New |
| META Meta Platforms Inc. Class A | 3.72% | 7,500 | $5.5M | Reduce -21.1% |
| UNH Unitedhealth Group Inc. | 3.67% | 17,500 | $5.5M | New |
| TXRH Texas Roadhouse Inc. | 2.83% | 22,500 | $4.2M | Add +12.5% |
| BIRD Smartbird Inc. filed as ALLBIRDS INC | 2.53% | 353,919 | $3.8M | New |
| HLF Herbalife Ltd. | 2.46% | 425,000 | $3.7M | Reduce -46.9% |
| ENPH Enphase Energy Inc. | 2.33% | 87,500 | $3.5M | New |
| APPS Digital Turbine Inc. | 1.39% | 350,000 | $2.1M | No change |
| VSAT Viasat Inc. | 0.98% | 100,000 | $1.5M | Reduce -89.5% |
| NXT Nextpower Inc. filed as NEXTRACKER INC | 0.91% | 25,000 | $1.4M | Reduce -86.7% |
Options reported separately and not counted above: IWM puts ($10.8M).
Portfolio Sells Q1 2025 → Q2 2025
| VSAT Viasat Inc. | Reduce -89.5% | 0.98% | −6.19 |
| UBER Uber Technologies Inc. | Sold out | 0.00% | −5.94 |
| NXT Nextpower Inc. | Reduce -86.7% | 0.91% | −4.81 |
| YELP Yelp Inc. | Sold out | 0.00% | −4.70 |
| ANF Abercrombie & Fitch Co. Class A | Sold out | 0.00% | −3.18 |
| YEXT Yext Inc. | Reduce -44.6% | 7.28% | −2.99 |
| VOXX Voxx International Corp. | Sold out | 0.00% | −2.58 |
| HLF Herbalife Ltd. | Reduce -46.9% | 2.46% | −2.54 |
| HIPO Hippo Holdings Inc. | Sold out | 0.00% | −1.85 |
| CMCSA Comcast Corp. Class A | Sold out | 0.00% | −1.34 |
| KODK Eastman Kodak Co. | Sold out | 0.00% | −1.15 |
| SN Sharkninja Inc. | Sold out | 0.00% | −1.06 |
| YETI Yeti Holdings Inc. | Sold out | 0.00% | −0.60 |
| UPWK Upwork Inc. | Sold out | 0.00% | −0.47 |
| META Meta Platforms Inc. Class A | Reduce -21.1% | 3.72% | −0.25 |
| NFLX Netflix Inc. | Reduce -28.1% | 5.17% | −0.23 |
| GOGO Gogo Inc. | Reduce -18.4% | 21.95% | +4.92 |
Portfolio Buys Q1 2025 → Q2 2025
| FOXF Fox Factory Holding Corp. | New | 6.10% | +6.10 |
| URBN Urban Outfitters Inc. | New | 5.61% | +5.61 |
| DAVE Dave Inc. | New | 4.33% | +4.33 |
| AMAT Applied Materials Inc. | New | 4.31% | +4.31 |
| UNH Unitedhealth Group Inc. | New | 3.67% | +3.67 |
| TSM Taiwan Semiconductor-SP ADR | Add +16.7% | 7.99% | +2.57 |
| BIRD Smartbird Inc. | New | 2.53% | +2.53 |
| ENPH Enphase Energy Inc. | New | 2.33% | +2.33 |
| NTGR Netgear Inc. | Add +4.3% | 11.72% | +1.52 |
| TPR Tapestry Inc. | Add +6.7% | 4.72% | +0.89 |
| TXRH Texas Roadhouse Inc. | Add +12.5% | 2.83% | +0.42 |
Options Activity Q1 2025 → Q2 2025
| IWM iShares Russell 2000 ETF | put | New | 50,000 | $10.8M |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 18 | $118.8M | META, HLF, UBER, NVDA, NFLX |
| Q1 2026 | 14 | $120.6M | META, HLF, UBER, TSM, NFLX |
| Q4 2025 | 15 | $117.9M | HLF, NXT, GOOGL, NTGR, TSM |
| Q3 2025 | 22 | $142.4M | NTGR, FOXF, GOGO, YEXT, HLF |
| Q2 2025 | 19 | $148.8M | GOGO, NTGR, TSM, YEXT, FOXF |
| Q1 2025 | 22 | $137.9M | GOGO, YEXT, NTGR, VSAT, UBER |
| Q4 2024 | 18 | $133.8M | GOGO, YEXT, UPWK, NFLX, NTGR |
| Q3 2024 | 19 | $116.1M | CRCT, YEXT, VSTO, FSLR, GOGO |
| Q2 2024 | 16 | $108.3M | GOGO, CRCT, VSTO, META, TSM |
| Q1 2024 | 13 | $103.2M | GOGO, META, VSTO, TSM, YELP |