Tybourne Capital Management (hk) Ltd.
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 14, 2024), Tybourne Capital Management (hk) Ltd. reported 32 stock positions worth $356.7 million. Its top holding was Texas Instruments (TXN) at 14.1% of the portfolio, followed by Canadian Pacific Kansas City (CP, 13.7%) and LPL Financial (LPLA, 11.3%). Compared with Q2 2024, it opened 9 new positions, sold out of 13, added to 5 and reduced 14. The biggest buy was a new position in LPL Financial (LPLA) and the biggest sale Zillow Class A (ZG, shares −95%).
- Most Recent 13F
- Q3 2025
- Location
- HONG KONG, K3
- CIK
- 0001553936
- Portfolio Value
- $356.7M (Q3 2024)
- SEC Filing
- 0001553936-24-000007 ↗ filed Nov 14, 2024
Holdings Value
Holdings 32 stocks · $356.7M
| TXN Texas Instruments Inc. | 14.06% | 242,725 | $50.1M | Reduce -18.5% |
| CP Canadian Pacific Kansas City | 13.74% | 572,999 | $49.0M | Reduce -12.9% |
| LPLA LPL Financial Holdings Inc. | 11.26% | 172,700 | $40.2M | New |
| EPAM Epam Systems Inc. | 10.32% | 185,012 | $36.8M | Reduce -13.0% |
| IQV Iqvia Holdings Inc. | 10.02% | 150,790 | $35.7M | Reduce -1.4% |
| BCYC Bicycle Therapeutics PLC-ADR | 8.85% | 1,394,535 | $31.6M | Reduce -7.6% |
| AMZN Amazon.com Inc. | 5.58% | 106,848 | $19.9M | Reduce -33.3% |
| SPGI S&P Global Inc. | 5.14% | 35,506 | $18.3M | Reduce -48.8% |
| SLRN Acelyrin Inc. | 4.02% | 2,906,629 | $14.3M | No change |
| LIN Linde PLC | 2.57% | 19,255 | $9.2M | Reduce -69.7% |
| TSHA Taysha Gene Therapies Inc. | 2.08% | 3,700,000 | $7.4M | No change |
| STX Seagate Technology Holdings | 1.23% | 39,994 | $4.4M | Add +25.8% |
| TSM Taiwan Semiconductor-SP ADR | 1.02% | 21,028 | $3.7M | Add +4.3% |
| ZNTL Zentalis Pharmaceuticals Inc. | 0.99% | 961,486 | $3.5M | No change |
| CARG Cargurus Inc. | 0.84% | 99,981 | $3.0M | Reduce -2.3% |
| MU Micron Technology Inc. | 0.75% | 25,884 | $2.7M | Add +62.9% |
| ZG Zillow Group Inc. Class A | 0.71% | 40,953 | $2.5M | Reduce -95.5% |
| NEE Nextera Energy Inc. | 0.62% | 26,331 | $2.2M | Add +5.2% |
| MELI MercadoLibre Inc. | 0.62% | 1,077 | $2.2M | Reduce -94.2% |
| RUN Sunrun Inc. | 0.61% | 120,183 | $2.2M | New |
| XYZ Block Inc. | 0.57% | 30,489 | $2.0M | Reduce -23.2% |
| NVDA Nvidia Corp. | 0.57% | 16,826 | $2.0M | Add +46.8% |
| CLBT Cellebrite Di Ltd. | 0.55% | 115,615 | $1.9M | New |
| ADSK Autodesk Inc. | 0.53% | 6,832 | $1.9M | New |
| DASH DoorDash Inc. Class A | 0.48% | 12,090 | $1.7M | Reduce -30.5% |
| HIMS Hims & Hers Health Inc. | 0.47% | 90,756 | $1.7M | New |
| META Meta Platforms Inc. Class A | 0.42% | 2,610 | $1.5M | Reduce -27.2% |
| INFA Informatica Inc. Class A | 0.42% | 58,707 | $1.5M | New |
| CRWD CrowdStrike Holdings Inc. Class A | 0.31% | 3,892 | $1.1M | New |
| FBRX Forte Biosciences Inc. | 0.23% | 144,981 | $810K | No change |
| CSCO Cisco Systems Inc. | 0.21% | 13,988 | $744K | New |
| CMG Chipotle Mexican Grill Inc. | 0.21% | 12,879 | $742K | New |
Portfolio Sells Q2 2024 → Q3 2024
| ZG Zillow Group Inc. Class A | Reduce -95.5% | 0.71% | −7.53 |
| SE Sea Ltd.-ADR | Sold out | 0.00% | −6.05 |
| MELI MercadoLibre Inc. | Reduce -94.2% | 0.62% | −5.61 |
| BEKE Ke Holdings Inc.-ADR | Sold out | 0.00% | −4.91 |
| LIN Linde PLC | Reduce -69.7% | 2.57% | −3.09 |
| SPGI S&P Global Inc. | Reduce -48.8% | 5.14% | −1.14 |
| AMZN Amazon.com Inc. | Reduce -33.3% | 5.58% | −0.72 |
| OKTA Okta Inc. | Sold out | 0.00% | −0.47 |
| ESTC Elastic NV | Sold out | 0.00% | −0.41 |
| AAPL Apple Inc. | Sold out | 0.00% | −0.40 |
| GOOG Alphabet Inc. Class C | Sold out | 0.00% | −0.34 |
| GPN Global Payments Inc. | Sold out | 0.00% | −0.34 |
| SMAR Smartsheet Inc. Class A | Sold out | 0.00% | −0.33 |
| AMAT Applied Materials Inc. | Sold out | 0.00% | −0.33 |
| IMXI International Money Express | Sold out | 0.00% | −0.29 |
| KSPI JSC Kaspi.kz ADR | Sold out | 0.00% | −0.19 |
| SHOP Shopify Inc. Class A | Sold out | 0.00% | −0.15 |
| OPEN Opendoor Technologies Inc. | Sold out | 0.00% | −0.06 |
| META Meta Platforms Inc. Class A | Reduce -27.2% | 0.42% | +0.05 |
| XYZ Block Inc. | Reduce -23.2% | 0.57% | +0.05 |
| DASH DoorDash Inc. Class A | Reduce -30.5% | 0.48% | +0.10 |
| CARG Cargurus Inc. | Reduce -2.3% | 0.84% | +0.30 |
| EPAM Epam Systems Inc. | Reduce -13.0% | 10.32% | +2.19 |
| TXN Texas Instruments Inc. | Reduce -18.5% | 14.06% | +2.27 |
| BCYC Bicycle Therapeutics PLC-ADR | Reduce -7.6% | 8.85% | +2.63 |
| CP Canadian Pacific Kansas City | Reduce -12.9% | 13.74% | +3.20 |
| IQV Iqvia Holdings Inc. | Reduce -1.4% | 10.02% | +3.44 |
Portfolio Buys Q2 2024 → Q3 2024
| LPLA LPL Financial Holdings Inc. | New | 11.26% | +11.26 |
| RUN Sunrun Inc. | New | 0.61% | +0.61 |
| STX Seagate Technology Holdings | Add +25.8% | 1.23% | +0.56 |
| CLBT Cellebrite Di Ltd. | New | 0.55% | +0.55 |
| ADSK Autodesk Inc. | New | 0.53% | +0.53 |
| HIMS Hims & Hers Health Inc. | New | 0.47% | +0.47 |
| INFA Informatica Inc. Class A | New | 0.42% | +0.42 |
| MU Micron Technology Inc. | Add +62.9% | 0.75% | +0.33 |
| TSM Taiwan Semiconductor-SP ADR | Add +4.3% | 1.02% | +0.31 |
| CRWD CrowdStrike Holdings Inc. Class A | New | 0.31% | +0.31 |
| NVDA Nvidia Corp. | Add +46.8% | 0.57% | +0.28 |
| NEE Nextera Energy Inc. | Add +5.2% | 0.62% | +0.26 |
| CSCO Cisco Systems Inc. | New | 0.21% | +0.21 |
| CMG Chipotle Mexican Grill Inc. | New | 0.21% | +0.21 |
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 |