Tenere Capital LLC 13F holdings, Q2 2025
Holdings as of June 30, 2025 · filings on SEC EDGAR · latest filing →
Tenere Capital LLC disclosed 19 US equity positions worth $390.5m in its Q2 2025 13F filing. The largest position was META at 9.8% of the reported book, followed by MSFT and BX. Against the Q1 2025 filing, it opened 4 new positions, added to 4 and reduced 5 among the top 19 holdings.
What did Tenere Capital LLC own in Q2 2025? Top 19 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q1 2025 |
|---|---|---|---|---|---|---|---|
| 1 | META META PLATFORMS INC | Communication Services | 9.8% | $38.4m | 52,007 | 57% | added |
| 2 | MSFT MICROSOFT CORPORATION | Technology | 9.5% | $37.1m | 74,556 | 11% | added |
| 3 | BX BLACKSTONE INC | Financial Services | 7.3% | $28.4m | 190,100 | 12% | added |
| 4 | NVDA NVIDIA CORP | Technology | 7.1% | $27.9m | 176,477 | -19% | reduced |
| 5 | ADI ANALOG DEVICES | Technology | 6.3% | $24.5m | 103,000 | – | new |
| 6 | AMZN AMAZON.COM INC | Consumer Cyclical | 6.0% | $23.6m | 107,538 | -3% | reduced |
| 7 | BLK BLACKROCK FUNDING INC/DE | Financial Services | 5.6% | $22.0m | 20,972 | 0% | held |
| 8 | V VISA INC-CLASS A SHARES | Financial Services | 5.2% | $20.1m | 56,695 | 0% | held |
| 9 | ADSK AUTODESK INC | Technology | 5.0% | $19.7m | 63,600 | 52% | added |
| 10 | DHR DANAHER CORP | Healthcare | 4.9% | $19.2m | 97,101 | -20% | reduced |
| 11 | NOW SERVICENOW | Technology | 4.6% | $18.1m | 17,600 | 0% | held |
| 12 | GS GOLDMAN SACHS | Financial Services | 4.5% | $17.5m | 24,676 | 0% | held |
| 13 | EQIX EQUINIX INC | Real Estate | 4.1% | $16.1m | 20,200 | – | new |
| 14 | UBER UBER TECHNOLOGIES INC | Technology | 4.0% | $15.7m | 168,600 | – | new |
| 15 | NSC NORFOLK SOUTHERN | Industrials | 3.7% | $14.3m | 55,760 | 0% | held |
| 16 | AAPL APPLE INC | Technology | 3.4% | $13.3m | 64,805 | -27% | reduced |
| 17 | HD HOME DEPOT | Consumer Cyclical | 3.4% | $13.2m | 35,950 | 0% | held |
| 18 | NKE NIKE INC CL B | Consumer Cyclical | 3.2% | $12.4m | 174,062 | -47% | reduced |
| 19 | CCI CROWN CASTLE INC | Real Estate | 2.3% | $9.1m | 88,500 | – | new |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.