TFJ Management, LLC 13F holdings, Q4 2025
Holdings as of December 31, 2025 · filings on SEC EDGAR · latest filing →
TFJ Management, LLC disclosed 10 US equity positions worth $138.9m in its Q4 2025 13F filing. The largest position was APP at 25.6% of the reported book, followed by OPLN and CPNG. Against the Q3 2025 filing, it opened 1 new position, added to 6 and reduced 2 among the top 10 holdings.
What did TFJ Management, LLC own in Q4 2025? Top 10 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2025 |
|---|---|---|---|---|---|---|---|
| 1 | APP APPLOVIN CORP | Communication Services | 25.6% | $35.6m | 52,865 | -3% | reduced |
| 2 | OPLN OPENLANE INC | Consumer Cyclical | 16.1% | $22.4m | 752,220 | 22% | added |
| 3 | CPNG COUPANG INC | Consumer Cyclical | 14.3% | $19.9m | 844,182 | 8% | added |
| 4 | CWAN CLEARWATER ANALYTICS HLDGS I | Technology | 11.9% | $16.5m | 683,114 | 91% | added |
| 5 | GTLB GITLAB INC | Technology | 10.9% | $15.1m | 402,815 | 82% | added |
| 6 | ACVA ACV AUCTIONS INC | Consumer Cyclical | 7.1% | $9.9m | 1,236,430 | 17% | added |
| 7 | APPF APPFOLIO INC | Technology | 6.1% | $8.4m | 36,166 | 6% | added |
| 8 | RSKD RISKIFIED LTD | Technology | 5.0% | $6.9m | 1,394,074 | 0% | held |
| 9 | HGV HILTON GRAND VACATIONS INC | Consumer Cyclical | 1.5% | $2.1m | 48,030 | -82% | reduced |
| 10 | CLVT CLARIVATE PLC | Technology | 1.4% | $2.0m | 585,250 | – | 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.