Think Investments LP
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 14, 2025), Think Investments LP reported 21 stock positions worth $576.9 million. Its top holding was Amazon.com (AMZN) at 12.4% of the portfolio, followed by Taskus Class A (TASK, 10.8%) and MercadoLibre (MELI, 8.3%). Compared with Q1 2025, it opened 3 new positions, sold out of 3, added to 3 and reduced 3. The biggest buy was a new position in Gitlab Class A (GTLB) and the biggest sale an exit from Kodiak Gas Services (KGS).
- Most Recent 13F
- Q2 2026
- Location
- San Francisco, CA
- CIK
- 0001635999
- Portfolio Value
- $576.9M (Q2 2025)
- SEC Filing
- 0001879202-25-000037 ↗ filed Aug 14, 2025
Holdings Value
Holdings 21 stocks · $576.9M
| AMZN Amazon.com Inc. | 12.37% | 325,275 | $71.4M | No change |
| TASK Taskus Inc. Class A | 10.85% | 3,734,665 | $62.6M | Add +14.8% |
| MELI MercadoLibre Inc. | 8.29% | 18,300 | $47.8M | No change |
| IBN Icici Bank Ltd.-Spon ADR | 7.54% | 1,292,200 | $43.5M | No change |
| RDDT Reddit Inc. Class A | 6.99% | 268,000 | $40.4M | No change |
| GTLB Gitlab Inc. Class A | 5.37% | 687,100 | $31.0M | New |
| FUTU Futu Holdings Ltd.-ADR filed as FUTU HLDGS LTD | 5.35% | 249,800 | $30.9M | No change |
| ATAT Atour Lifestyle Holdings-ADR | 5.06% | 897,500 | $29.2M | Add +29.1% |
| SE Sea Ltd.-ADR | 4.82% | 174,000 | $27.8M | Reduce -48.1% |
| BABA Alibaba Group Holding-SP ADR | 4.77% | 242,548 | $27.5M | No change |
| PDD PDD Holdings Inc. | 4.65% | 256,200 | $26.8M | Add +58.1% |
| SIMO Silicon Motion Technol-ADR | 4.55% | 349,400 | $26.3M | No change |
| CLS Celestica Inc. | 4.01% | 148,200 | $23.1M | Reduce -21.8% |
| DKNG Draftkings Inc. Class A | 3.29% | 442,400 | $19.0M | No change |
| PENG Penguin Solutions Inc. | 3.11% | 904,587 | $17.9M | No change |
| SNAP Snap Inc. Class A | 3.04% | 2,016,200 | $17.5M | No change |
| FSLR First Solar Inc. | 1.66% | 58,000 | $9.6M | New |
| CZR Caesars Entertainment Inc. | 1.48% | 300,000 | $8.5M | No change |
| GOOG Alphabet Inc. Class C | 1.33% | 43,163 | $7.7M | No change |
| REAL The Realreal Inc. filed as THE REALREAL INC | 0.75% | 897,547 | $4.3M | New |
| CAR Avis Budget Group Inc. | 0.73% | 24,900 | $4.2M | Reduce -78.7% |
Portfolio Sells Q1 2025 → Q2 2025
| KGS Kodiak Gas Services Inc. | Sold out | 0.00% | −4.62 |
| ZETA Zeta Global Holdings Corp. Class A | Sold out | 0.00% | −3.73 |
| SE Sea Ltd.-ADR | Reduce -48.1% | 4.82% | −3.71 |
| TCOM Trip.com Group Ltd.-ADR | Sold out | 0.00% | −2.95 |
| CAR Avis Budget Group Inc. | Reduce -78.7% | 0.73% | −1.00 |
| CLS Celestica Inc. | Reduce -21.8% | 4.01% | +1.10 |
Portfolio Buys Q1 2025 → Q2 2025
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 |