Tybourne Capital Management (hk) Ltd.
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 14, 2024), Tybourne Capital Management (hk) Ltd. reported 36 stock positions worth $491.7 million. Its top holding was Texas Instruments (TXN) at 11.8% of the portfolio, followed by Canadian Pacific Kansas City (CP, 10.5%) and Zillow Class A (ZG, 8.2%). Compared with Q1 2024, it opened 5 new positions, sold out of 7, added to 14 and reduced 13. The biggest buy was MercadoLibre (MELI, shares +1882%) and the biggest sale an exit from Visa Class A (V).
- Most Recent 13F
- Q3 2025
- Location
- HONG KONG, K3
- CIK
- 0001553936
- Portfolio Value
- $491.7M (Q2 2024)
- SEC Filing
- 0001553936-24-000005 ↗ filed Aug 14, 2024
Holdings Value
Holdings 36 stocks · $491.7M
| TXN Texas Instruments Inc. | 11.79% | 297,949 | $58.0M | Reduce -16.7% |
| CP Canadian Pacific Kansas City | 10.54% | 657,999 | $51.8M | Reduce -19.0% |
| ZG Zillow Group Inc. Class A | 8.24% | 899,238 | $40.5M | Add +15.0% |
| EPAM Epam Systems Inc. | 8.13% | 212,612 | $40.0M | Add +78.0% |
| IQV Iqvia Holdings Inc. | 6.57% | 152,890 | $32.3M | Reduce -19.1% |
| AMZN Amazon.com Inc. | 6.30% | 160,232 | $31.0M | Reduce -16.9% |
| SPGI S&P Global Inc. | 6.29% | 69,306 | $30.9M | Reduce -4.3% |
| MELI MercadoLibre Inc. | 6.23% | 18,646 | $30.6M | Add +1881.5% |
| BCYC Bicycle Therapeutics PLC-ADR | 6.21% | 1,509,713 | $30.6M | Reduce -2.3% |
| SE Sea Ltd.-ADR | 6.05% | 416,635 | $29.8M | Reduce -18.7% |
| LIN Linde PLC | 5.66% | 63,455 | $27.8M | Reduce -35.8% |
| BEKE Ke Holdings Inc.-ADR filed as KE HLDGS INC | 4.91% | 1,706,568 | $24.1M | Add +1.1% |
| SLRN Acelyrin Inc. | 2.61% | 2,906,629 | $12.8M | No change |
| TSHA Taysha Gene Therapies Inc. | 1.69% | 3,700,000 | $8.3M | No change |
| ZNTL Zentalis Pharmaceuticals Inc. | 0.80% | 961,486 | $3.9M | No change |
| TSM Taiwan Semiconductor-SP ADR | 0.71% | 20,169 | $3.5M | Add +114.3% |
| STX Seagate Technology Holdings | 0.67% | 31,791 | $3.3M | Add +18.6% |
| CARG Cargurus Inc. | 0.55% | 102,293 | $2.7M | Add +66.8% |
| XYZ Block Inc. | 0.52% | 39,718 | $2.6M | Add +54.5% |
| OKTA Okta Inc. | 0.47% | 24,504 | $2.3M | New |
| MU Micron Technology Inc. | 0.43% | 15,892 | $2.1M | Reduce -22.6% |
| ESTC Elastic NV | 0.41% | 17,528 | $2.0M | New |
| AAPL Apple Inc. | 0.40% | 9,450 | $2.0M | New |
| FORTE BIOSCIENCES INC | 0.40% | 3,624,548 | $1.9M | No change |
| DASH DoorDash Inc. Class A | 0.38% | 17,397 | $1.9M | Reduce -7.8% |
| META Meta Platforms Inc. Class A | 0.37% | 3,587 | $1.8M | Add +0.8% |
| NEE Nextera Energy Inc. | 0.36% | 25,024 | $1.8M | Add +118.4% |
| GOOG Alphabet Inc. Class C | 0.34% | 9,193 | $1.7M | New |
| GPN Global Payments Inc. | 0.34% | 17,371 | $1.7M | Add +45.6% |
| SMAR Smartsheet Inc. Class A | 0.33% | 37,232 | $1.6M | Add +5.5% |
| AMAT Applied Materials Inc. | 0.33% | 6,890 | $1.6M | Add +98.6% |
| NVDA Nvidia Corp. | 0.29% | 11,466 | $1.4M | Reduce -38.3% |
| IMXI International Money Express | 0.29% | 67,879 | $1.4M | Reduce -3.3% |
| KSPI JSC Kaspi.kz ADR filed as KASPI KZ JSC | 0.19% | 7,219 | $931K | Add +22.3% |
| SHOP Shopify Inc. Class A | 0.15% | 11,461 | $757K | New |
| OPEN Opendoor Technologies Inc. | 0.06% | 165,631 | $305K | Reduce -26.6% |
Portfolio Sells Q1 2024 → Q2 2024
| V Visa Inc. Class A | Sold out | 0.00% | −5.49 |
| STNE Stoneco Ltd. Class A | Sold out | 0.00% | −3.76 |
| LIN Linde PLC | Reduce -35.8% | 5.66% | −2.18 |
| CP Canadian Pacific Kansas City | Reduce -19.0% | 10.54% | −1.71 |
| IQV Iqvia Holdings Inc. | Reduce -19.1% | 6.57% | −1.60 |
| BCYC Bicycle Therapeutics PLC-ADR | Reduce -2.3% | 6.21% | −0.36 |
| PCOR Procore Technologies Inc. | Sold out | 0.00% | −0.34 |
| MSFT Microsoft Corp. | Sold out | 0.00% | −0.16 |
| ZIP Ziprecruiter Inc. Class A | Sold out | 0.00% | −0.16 |
| PANW Palo Alto Networks Inc. | Sold out | 0.00% | −0.16 |
| NRDS Nerdwallet Inc. Class A | Sold out | 0.00% | −0.11 |
| DASH DoorDash Inc. Class A | Reduce -7.8% | 0.38% | −0.06 |
| OPEN Opendoor Technologies Inc. | Reduce -26.6% | 0.06% | −0.06 |
| NVDA Nvidia Corp. | Reduce -38.3% | 0.29% | +0.00 |
| MU Micron Technology Inc. | Reduce -22.6% | 0.43% | +0.01 |
| IMXI International Money Express | Reduce -3.3% | 0.29% | +0.01 |
| AMZN Amazon.com Inc. | Reduce -16.9% | 6.30% | +0.35 |
| SPGI S&P Global Inc. | Reduce -4.3% | 6.29% | +1.02 |
| TXN Texas Instruments Inc. | Reduce -16.7% | 11.79% | +1.13 |
| SE Sea Ltd.-ADR | Reduce -18.7% | 6.05% | +1.34 |
Portfolio Buys Q1 2024 → Q2 2024
| MELI MercadoLibre Inc. | Add +1881.5% | 6.23% | +5.99 |
| EPAM Epam Systems Inc. | Add +78.0% | 8.13% | +2.50 |
| ZG Zillow Group Inc. Class A | Add +15.0% | 8.24% | +1.84 |
| BEKE Ke Holdings Inc.-ADR | Add +1.1% | 4.91% | +0.95 |
| TSM Taiwan Semiconductor-SP ADR | Add +114.3% | 0.71% | +0.49 |
| OKTA Okta Inc. | New | 0.47% | +0.47 |
| ESTC Elastic NV | New | 0.41% | +0.41 |
| AAPL Apple Inc. | New | 0.40% | +0.40 |
| GOOG Alphabet Inc. Class C | New | 0.34% | +0.34 |
| CARG Cargurus Inc. | Add +66.8% | 0.55% | +0.30 |
| STX Seagate Technology Holdings | Add +18.6% | 0.67% | +0.24 |
| NEE Nextera Energy Inc. | Add +118.4% | 0.36% | +0.24 |
| AMAT Applied Materials Inc. | Add +98.6% | 0.33% | +0.21 |
| SHOP Shopify Inc. Class A | New | 0.15% | +0.15 |
| XYZ Block Inc. | Add +54.5% | 0.52% | +0.15 |
| SMAR Smartsheet Inc. Class A | Add +5.5% | 0.33% | +0.10 |
| META Meta Platforms Inc. Class A | Add +0.8% | 0.37% | +0.07 |
| GPN Global Payments Inc. | Add +45.6% | 0.34% | +0.07 |
| KSPI JSC Kaspi.kz ADR | Add +22.3% | 0.19% | +0.06 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q3 2025 | 4 | $30.9M | TSHA, FBRX, ALMS, ZNTL |
| Q2 2025 | 6 | $34.5M | FBRX, TSHA, BCYC, ALMS, MBUU |
| Q1 2025 | 5 | $23.6M | SLRN, TSHA, BCYC, FBRX, ZNTL |
| Q4 2024 | 33 | $398.4M | CP, IQV, ADSK, EPAM, LPLA |
| Q3 2024 | 32 | $356.7M | TXN, CP, LPLA, EPAM, IQV |
| Q2 2024 | 36 | $491.7M | TXN, CP, ZG, EPAM, IQV |
| Q1 2024 | 38 | $584.9M | CP, TXN, IQV, LIN, BCYC |