TFJ Management, LLC 13F holdings, Q3 2025
Holdings as of September 30, 2025 · filings on SEC EDGAR · latest filing →
TFJ Management, LLC disclosed 10 US equity positions worth $148.4m in its Q3 2025 13F filing. The largest position was APP at 26.4% of the reported book, followed by CPNG and OPLN. Against the Q2 2025 filing, it opened 1 new position, added to 5 and reduced 1 among the top 10 holdings.
What did TFJ Management, LLC own in Q3 2025? Top 10 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q2 2025 |
|---|---|---|---|---|---|---|---|
| 1 | APP APPLOVIN CORP | Communication Services | 26.4% | $39.2m | 54,488 | -30% | reduced |
| 2 | CPNG COUPANG INC | Consumer Cyclical | 16.9% | $25.1m | 780,600 | 0% | held |
| 3 | OPLN OPENLANE INC | Consumer Cyclical | 12.0% | $17.8m | 618,348 | 0% | held |
| 4 | CCC CCC INTELLIGENT SOLUTIONS HL | Technology | 8.4% | $12.5m | 1,367,578 | 77% | added |
| 5 | HGV HILTON GRAND VACATIONS INC | Consumer Cyclical | 7.5% | $11.1m | 266,171 | 17% | added |
| 6 | ACVA ACV AUCTIONS INC | Consumer Cyclical | 7.0% | $10.5m | 1,054,958 | 50% | added |
| 7 | GTLB GITLAB INC | Technology | 6.7% | $10.0m | 221,259 | 111% | added |
| 8 | APPF APPFOLIO INC | Technology | 6.3% | $9.4m | 34,030 | 0% | held |
| 9 | RSKD RISKIFIED LTD | Technology | 4.4% | $6.5m | 1,394,074 | 32% | added |
| 10 | CWAN CLEARWATER ANALYTICS HLDGS I | Technology | 4.3% | $6.4m | 357,043 | – | 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.