Tenere Capital LLC: 13F holdings, Q2 2026
Hedge fund · SEC EDGAR filings (CIK 1849517) · Explore on the interactive board
Tenere Capital LLC disclosed 23 US equity positions worth $125.9m in its Q2 2026 13F filing (holdings as of June 30, 2026, filed August 14, 2026). Its largest position is NVDA at 10.6% of the reported book, followed by GE, GS. The top ten holdings are 60.1% of the book, and the portfolio behaves like about 19 equal-weight positions. Versus the prior filing it opened 8 new positions, added to 5, reduced 10 and exited 7. Note: this manager's most recent filing is 3934 quarters behind the newest quarter on file, so these figures are history rather than current positioning.
What does Tenere Capital LLC own? Top holdings as of June 30, 2026
Change is measured in shares against the previous filing (Q1 2026), so price moves do not read as decisions. This quarter: 8 new, 5 added, 10 reduced, 7 exited.
| # | Stock | Sector | Weight | Value | Shares | Δ shares | Action |
|---|---|---|---|---|---|---|---|
| 1 | NVDA NVIDIA CORP | Technology | 10.6% | $13.4m | 66,733 | -14% | reduced |
| 2 | GE GENERAL ELECTRIC | Industrials | 7.8% | $9.9m | 26,403 | -21% | reduced |
| 3 | GS GOLDMAN SACHS | Financial Services | 6.2% | $7.9m | 7,774 | 34% | added |
| 4 | CSX CSX CORP | Industrials | 6.1% | $7.6m | 160,470 | 72% | added |
| 5 | AMAT APPLIED MATERIALS | Technology | 5.9% | $7.5m | 10,332 | -37% | reduced |
| 6 | HLT HILTON INC | Consumer Cyclical | 5.1% | $6.4m | 19,426 | – | new |
| 7 | V VISA INC-CLASS A SHARES | Financial Services | 4.9% | $6.2m | 18,104 | 26% | added |
| 8 | TSM TAIWAN SEMI ADR | Technology | 4.6% | $5.8m | 12,248 | -57% | reduced |
| 9 | MTN VAIL RESORTS | Consumer Cyclical | 4.4% | $5.5m | 40,724 | – | new |
| 10 | GOOGL ALPHABET INC CLASS A COMMON STOCK | Communication Services | 4.4% | $5.5m | 15,336 | 20% | added |
| 11 | AAPL APPLE INC | Technology | 4.4% | $5.5m | 18,925 | -58% | reduced |
| 12 | CSCO CISCO SYSTEMS INC | Technology | 4.2% | $5.2m | 44,677 | – | new |
| 13 | TMO THERMO FISHER SCIENTIFIC INC. | Healthcare | 3.6% | $4.6m | 9,127 | – | new |
| 14 | COF CAPITAL ONE FINANCIAL CORP | Financial Services | 3.6% | $4.6m | 22,805 | – | new |
| 15 | LLY ELI LILLY & CO | Healthcare | 3.5% | $4.4m | 3,642 | -45% | reduced |
| 16 | AMZN AMAZON.COM INC | Consumer Cyclical | 3.3% | $4.1m | 17,272 | 12% | added |
| 17 | UNH UNITEDHEALTH GRP | Healthcare | 3.0% | $3.8m | 9,122 | – | new |
| 18 | META META PLATFORMS INC | Communication Services | 2.7% | $3.4m | 6,023 | -73% | reduced |
| 19 | EQIX EQUINIX INC | Real Estate | 2.5% | $3.1m | 2,998 | – | new |
| 20 | DOCN DIGITALOCEAN HOLDINGS INC | Technology | 2.4% | $3.0m | 18,896 | – | new |
| 21 | SHOP SHOPIFY INC - CLASS A | Technology | 2.3% | $2.9m | 25,691 | -37% | reduced |
| 22 | ASML ASML HOLDING N.V. NEW YORK REGISTRY SHAR | Technology | 2.3% | $2.9m | 1,456 | -82% | reduced |
| 23 | ADI ANALOG DEVICES | Technology | 2.2% | $2.7m | 6,889 | -65% | reduced |
What did Tenere Capital LLC sell? Positions exited since the previous filing
| Stock | Prior weight | Prior value |
|---|---|---|
| BLK BLACKROCK FUNDING INC/DE | 24.0% | $6.3m |
| CAT CATERPILLAR INC | 20.1% | $5.3m |
| INTC INTEL CORP | 18.7% | $4.9m |
| GEV GE VERNOVA LLC | 16.1% | $4.2m |
| MSFT MICROSOFT CORPORATION | 10.2% | $2.7m |
| COIN COINBASE GLOBAL INC -CLASS A | 7.9% | $2.1m |
| KLAR KLARNA GROUP PLC | 3.1% | $807.1k |
Sector mix
| Sector | Weight |
|---|---|
| Technology | 38.9% |
| Financial Services | 14.8% |
| Industrials | 13.9% |
| Consumer Cyclical | 12.8% |
| Healthcare | 10.1% |
| Communication Services | 7.0% |
Sectors cover positions whose ticker resolved to a sector; the remainder is unclassified, not cash.
Filing history
How concentrated is Tenere Capital LLC's portfolio?
Across every quarter Tenere Capital LLC has filed, its median largest position is 10.2% of the book and its median top-ten weight is 63.7%, which WhaleCreep classifies as concentrated (the gate is a median largest position of 5%). Of 7.0 completed holding spells, the median lasted 1.0 quarters; 23.0 positions are still open and their final length is unknown.