TFJ Management, LLC

In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 14, 2026), TFJ Management, LLC reported 10 stock positions worth $153.4 million. Its top holding was AppLovin Class A (APP) at 21.6% of the portfolio, followed by Openlane (OPLN, 21.1%) and Wise Class A (WSE, 17.5%). Compared with Q1 2026, it opened 2 new positions, sold out of 4, added to 5 and reduced 1. The biggest buy was a new position in Wise Class A (WSE) and the biggest sale an exit from Appfolio Class A (APPF).

Most Recent 13F
Q2 2026
Location
SOMERVILLE, MA
CIK
0002056069
Portfolio Value
$153.4M (Q2 2026)
SEC Filing
0002056069-26-000003 ↗ filed Aug 14, 2026

Holdings Value

0$50.0M$100.0M$150.0M$200.0M Q4 2024: $111.0M Q4 2024 Q1 2025: $105.6M Q1 2025 Q2 2025: $128.1M Q2 2025 Q3 2025: $148.4M Q3 2025 Q4 2025: $138.9M Q4 2025 Q1 2026: $104.5M Q1 2026 Q2 2026: $153.4M $153.4M Q2 2026

Holdings 10 stocks · $153.4M
APP AppLovin Corp. Class A 21.63% 64,420 $33.2M Add +2.5%
OPLN Openlane Inc. 21.13% 786,153 $32.4M No change
WSE Wise Group PLC Class A 17.53% 2,259,114 $26.9M New
CPNG Coupang Inc. 12.30% 1,086,770 $18.9M Add +11.5%
GTLB Gitlab Inc. Class A 9.50% 477,631 $14.6M Reduce -21.3%
TOST Toast Inc. Class A 6.36% 350,565 $9.8M Add +455.5%
SAIL Sailpoint Inc. 4.39% 459,627 $6.7M Add +56.4%
IOT Samsara Inc. Class A 2.74% 129,786 $4.2M No change
TW Tradeweb Markets Inc. Class A 2.54% 39,092 $3.9M New
CLVT Clarivate PLC 1.88% 1,332,798 $2.9M Add +14.9%

Options reported separately and not counted above: EWY puts ($42.6M), CPNG calls ($10.1M).

Portfolio Sells Q1 2026 → Q2 2026
APPF Appfolio Inc. Class A Sold out 0.00% −7.82
GTLB Gitlab Inc. Class A Reduce -21.3% 9.50% −3.06
RSKD Riskified Ltd. Class A Sold out 0.00% −2.05
FIG Figma Inc. Class A Sold out 0.00% −1.35
ACVA Acv Auctions Inc. Class A Sold out 0.00% −0.65

Portfolio Buys Q1 2026 → Q2 2026
WSE Wise Group PLC Class A New 17.53% +17.53
TOST Toast Inc. Class A Add +455.5% 6.36% +4.75
TW Tradeweb Markets Inc. Class A New 2.54% +2.54
SAIL Sailpoint Inc. Add +56.4% 4.39% +0.66
CLVT Clarivate PLC Add +14.9% 1.88% −0.93
APP AppLovin Corp. Class A Add +2.5% 21.63% −2.32
CPNG Coupang Inc. Add +11.5% 12.30% −5.31

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 10$153.4MAPP, OPLN, WSE, CPNG, GTLB
Q1 2026 12$104.5MAPP, OPLN, CPNG, GTLB, APPF
Q4 2025 10$138.9MAPP, OPLN, CPNG, CWAN, GTLB
Q3 2025 10$148.4MAPP, CPNG, OPLN, CCC, HGV
Q2 2025 12$128.1MAPP, CPNG, OPLN, ACVA, HGV
Q1 2025 14$105.6MAPP, CPNG, OPLN, ACVA, DCBO
Q4 2024 16$111.0MAPP, CPNG, OPLN, DCBO, ABNB