Tenzing Global Management, LLC
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 14, 2025), Tenzing Global Management, LLC reported 22 stock positions worth $142.4 million. Its top holding was Netgear (NTGR) at 11.4% of the portfolio, followed by Fox Factory (FOXF, 8.5%) and Gogo (GOGO, 7.1%). Compared with Q2 2025, it opened 8 new positions, sold out of 5, added to 6 and reduced 8. The biggest buy was a new position in Signet Jewelers (SIG) and the biggest sale Gogo (GOGO, shares −47%).
- Most Recent 13F
- Q2 2026
- Location
- SAN FRANCISCO, CA
- CIK
- 0001624095
- Portfolio Value
- $142.4M (Q3 2025)
- SEC Filing
- 0001214659-25-016642 ↗ filed Nov 14, 2025
Holdings Value
Holdings 22 stocks · $142.4M
| NTGR Netgear Inc. | 11.37% | 500,000 | $16.2M | Reduce -16.7% |
| FOXF Fox Factory Holding Corp. | 8.53% | 500,000 | $12.1M | Add +42.9% |
| GOGO Gogo Inc. | 7.09% | 1,175,000 | $10.1M | Reduce -47.2% |
| YEXT Yext Inc. | 6.88% | 1,150,000 | $9.8M | Reduce -9.8% |
| HLF Herbalife Ltd. | 6.30% | 1,062,500 | $9.0M | Add +150.0% |
| URBN Urban Outfitters Inc. | 6.14% | 122,500 | $8.8M | Add +6.5% |
| AMAT Applied Materials Inc. | 5.75% | 40,000 | $8.2M | Add +14.3% |
| SIG Signet Jewelers Ltd. | 5.39% | 80,000 | $7.7M | New |
| AEO American Eagle Outfitters | 5.26% | 437,500 | $7.5M | New |
| GOOGL Alphabet Inc. Class A | 4.27% | 25,000 | $6.1M | New |
| DAVE Dave Inc. | 4.20% | 30,000 | $6.0M | Add +25.0% |
| LULU Lululemon Athletica Inc. | 4.06% | 32,500 | $5.8M | New |
| TSM Taiwan Semiconductor-SP ADR | 3.92% | 20,000 | $5.6M | Reduce -61.9% |
| PTON Peloton Interactive Inc. Class A | 3.32% | 525,000 | $4.7M | New |
| NFLX Netflix Inc. | 2.95% | 3,500 | $4.2M | Reduce -39.1% |
| FISV Fiserv Inc. | 2.72% | 30,000 | $3.9M | New |
| NXT Nextpower Inc. filed as NEXTRACKER INC | 2.60% | 50,000 | $3.7M | Add +100.0% |
| META Meta Platforms Inc. Class A | 2.58% | 5,000 | $3.7M | Reduce -33.3% |
| TPR Tapestry Inc. | 2.19% | 27,500 | $3.1M | Reduce -65.6% |
| DLTH Duluth Holdings Inc. Class B | 1.65% | 600,000 | $2.3M | New |
| APPS Digital Turbine Inc. | 1.46% | 325,000 | $2.1M | Reduce -7.1% |
| TYGO Tigo Energy Inc. | 1.40% | 800,000 | $2.0M | New |
Options reported separately and not counted above: IWM puts ($39.3M).
Portfolio Sells Q2 2025 → Q3 2025
| GOGO Gogo Inc. | Reduce -47.2% | 7.09% | −14.86 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -61.9% | 3.92% | −4.07 |
| UNH Unitedhealth Group Inc. | Sold out | 0.00% | −3.67 |
| TXRH Texas Roadhouse Inc. | Sold out | 0.00% | −2.83 |
| TPR Tapestry Inc. | Reduce -65.6% | 2.19% | −2.53 |
| BIRD Smartbird Inc. | Sold out | 0.00% | −2.53 |
| ENPH Enphase Energy Inc. | Sold out | 0.00% | −2.33 |
| NFLX Netflix Inc. | Reduce -39.1% | 2.95% | −2.23 |
| META Meta Platforms Inc. Class A | Reduce -33.3% | 2.58% | −1.14 |
| VSAT Viasat Inc. | Sold out | 0.00% | −0.98 |
| YEXT Yext Inc. | Reduce -9.8% | 6.88% | −0.40 |
| NTGR Netgear Inc. | Reduce -16.7% | 11.37% | −0.35 |
| APPS Digital Turbine Inc. | Reduce -7.1% | 1.46% | +0.07 |
Portfolio Buys Q2 2025 → Q3 2025
| SIG Signet Jewelers Ltd. | New | 5.39% | +5.39 |
| AEO American Eagle Outfitters | New | 5.26% | +5.26 |
| GOOGL Alphabet Inc. Class A | New | 4.27% | +4.27 |
| LULU Lululemon Athletica Inc. | New | 4.06% | +4.06 |
| HLF Herbalife Ltd. | Add +150.0% | 6.30% | +3.83 |
| PTON Peloton Interactive Inc. Class A | New | 3.32% | +3.32 |
| FISV Fiserv Inc. | New | 2.72% | +2.72 |
| FOXF Fox Factory Holding Corp. | Add +42.9% | 8.53% | +2.43 |
| NXT Nextpower Inc. | Add +100.0% | 2.60% | +1.68 |
| DLTH Duluth Holdings Inc. Class B | New | 1.65% | +1.65 |
| AMAT Applied Materials Inc. | Add +14.3% | 5.75% | +1.44 |
| TYGO Tigo Energy Inc. | New | 1.40% | +1.40 |
| URBN Urban Outfitters Inc. | Add +6.5% | 6.14% | +0.54 |
| DAVE Dave Inc. | Add +25.0% | 4.20% | −0.13 |
Options Activity Q2 2025 → Q3 2025
| IWM iShares Russell 2000 ETF | put | Add +225.0% | 162,500 | $39.3M |
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 |