Think Investments LP
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 15, 2025), Think Investments LP reported 21 stock positions worth $512.7 million. Its top holding was Amazon.com (AMZN) at 12.1% of the portfolio, followed by Taskus Class A (TASK, 8.6%) and Sea Ltd.-ADR (SE, 8.5%). Compared with Q4 2024, it opened 5 new positions, sold out of 2, added to 3 and reduced 1. The biggest buy was a new position in Kodiak Gas Services (KGS) and the biggest sale Snap Class A (SNAP, shares −48%).
- Most Recent 13F
- Q2 2026
- Location
- San Francisco, CA
- CIK
- 0001635999
- Portfolio Value
- $512.7M (Q1 2025)
- SEC Filing
- 0001879202-25-000023 ↗ filed May 15, 2025
Holdings Value
Holdings 21 stocks · $512.7M
| AMZN Amazon.com Inc. | 12.07% | 325,275 | $61.9M | No change |
| TASK Taskus Inc. Class A | 8.65% | 3,253,358 | $44.3M | Add +12.9% |
| SE Sea Ltd.-ADR | 8.54% | 335,400 | $43.8M | No change |
| IBN Icici Bank Ltd.-Spon ADR | 7.94% | 1,292,200 | $40.7M | No change |
| MELI MercadoLibre Inc. | 6.96% | 18,300 | $35.7M | No change |
| BABA Alibaba Group Holding-SP ADR | 6.26% | 242,548 | $32.1M | No change |
| RDDT Reddit Inc. Class A | 5.48% | 268,000 | $28.1M | Add +10.3% |
| FUTU Futu Holdings Ltd.-ADR filed as FUTU HLDGS LTD | 4.99% | 249,800 | $25.6M | No change |
| KGS Kodiak Gas Services Inc. | 4.62% | 634,794 | $23.7M | New |
| ATAT Atour Lifestyle Holdings-ADR | 3.85% | 695,487 | $19.7M | Add +264.1% |
| PDD PDD Holdings Inc. | 3.74% | 162,000 | $19.2M | New |
| ZETA Zeta Global Holdings Corp. Class A | 3.73% | 1,410,457 | $19.1M | New |
| SIMO Silicon Motion Technol-ADR | 3.45% | 349,400 | $17.7M | No change |
| SNAP Snap Inc. Class A | 3.43% | 2,016,200 | $17.6M | Reduce -47.8% |
| PENG Penguin Solutions Inc. | 3.06% | 904,587 | $15.7M | No change |
| TCOM Trip.com Group Ltd.-ADR | 2.95% | 238,000 | $15.1M | New |
| CLS Celestica Inc. | 2.91% | 189,558 | $14.9M | New |
| DKNG Draftkings Inc. Class A | 2.87% | 442,400 | $14.7M | No change |
| CAR Avis Budget Group Inc. | 1.73% | 116,800 | $8.9M | No change |
| CZR Caesars Entertainment Inc. | 1.46% | 300,000 | $7.5M | No change |
| GOOG Alphabet Inc. Class C | 1.32% | 43,163 | $6.7M | No change |
Portfolio Sells Q4 2024 → Q1 2025
Portfolio Buys Q4 2024 → Q1 2025
| KGS Kodiak Gas Services Inc. | New | 4.62% | +4.62 |
| PDD PDD Holdings Inc. | New | 3.74% | +3.74 |
| ZETA Zeta Global Holdings Corp. Class A | New | 3.73% | +3.73 |
| TCOM Trip.com Group Ltd.-ADR | New | 2.95% | +2.95 |
| CLS Celestica Inc. | New | 2.91% | +2.91 |
| ATAT Atour Lifestyle Holdings-ADR | Add +264.1% | 3.85% | +2.72 |
| TASK Taskus Inc. Class A | Add +12.9% | 8.65% | −2.09 |
| RDDT Reddit Inc. Class A | Add +10.3% | 5.48% | −3.25 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 21 | $811.4M | MRVL, AMZN, LRCX, TSEM, AEVA |
| Q1 2026 | 30 | $741.6M | AMZN, MRVL, BABA, CLS, CRCL |
| Q4 2025 | 22 | $782.0M | AMZN, MRVL, SMTC, BABA, RDDT |
| Q3 2025 | 20 | $756.6M | RDDT, AMZN, TASK, SMTC, TTMI |
| Q2 2025 | 21 | $576.9M | AMZN, TASK, MELI, IBN, RDDT |
| Q1 2025 | 21 | $512.7M | AMZN, TASK, SE, IBN, MELI |
| Q4 2024 | 18 | $454.5M | AMZN, TASK, SNAP, RDDT, IBN |
| Q3 2024 | 17 | $511.7M | TWKS, AMZN, SNAP, IBN, MELI |
| Q2 2024 | 20 | $485.8M | AMZN, SNAP, IBN, XYZ, CAR |
| Q1 2024 | 20 | $448.2M | AMZN, XYZ, IBN, CAR, SNAP |