WhaleCreep

Tybourne Capital Management (HK) Ltd 13F holdings, Q3 2024

Hedge fundSEC filingsCompare with another fundHoldings as of 2024-09-30, filed 2024-11-14

Tybourne Capital Management (HK) Ltd disclosed 32 US equity positions worth $356.7m in its Q3 2024 13F filing. Its largest position is TXN at 14.1% of the reported book, followed by CP and LPLA. Versus Q2 2024 it opened 9 new positions, added to 5, reduced 15 and exited 13.

$357m
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
32
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
14.1%
Largest position
The largest single position as a share of the reported equity book.
85.6%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
11
Effective positions
1 / HHI of portfolio weights: the number of equal-weight positions the book behaves like.
52
Quarters on file since Q4 2012
Quarters for which this manager's 13F holdings are on record.

Holdings

Against Q2 2024: 9 new, 5 added, 15 reduced, 13 exited

32 rows
TXN TEXAS INSTRS INCTechnology14.1%$50.1m242,725−19%reduced
CP CANADIAN PACIFIC KANSAS CITYIndustrials13.7%$49.0m572,999−13%reduced
LPLA LPL FINL HLDGS INCFinancial Services11.3%$40.2m172,700–new
EPAM EPAM SYS INCTechnology10.3%$36.8m185,012−13%reduced
IQV IQVIA HLDGS INCHealthcare10.0%$35.7m150,790−1.4%reduced
BCYC BICYCLE THERAPEUTICS PLCHealthcare8.8%$31.6m1.39m−7.6%reduced
AMZN AMAZON COM INCConsumer Cyclical5.6%$19.9m106,848−33%reduced
SPGI S&P GLOBAL INCFinancial Services5.1%$18.3m35,506−49%reduced
SLRN ACELYRIN INC–4.0%$14.3m2.91m0.0%held
LIN LINDE PLCBasic Materials2.6%$9.2m19,255−70%reduced
TSHA TAYSHA GENE THERAPIES INCHealthcare2.1%$7.4m3.70m0.0%held
STX SEAGATE TECHNOLOGY HLDNGS PLTechnology1.2%$4.4m39,994+26%added
TSM TAIWAN SEMICONDUCTOR MANUFACTechnology1.0%$3.7m21,028+4.3%added
ZNTL ZENTALIS PHARMACEUTICALS INCHealthcare1.0%$3.5m961,4860.0%held
CARG CARGURUS INCCommunication Services0.8%$3.0m99,981−2.3%reduced
MU MICRON TECHNOLOGY INCTechnology0.8%$2.7m25,884+63%added
ZG ZILLOW GROUP INCCommunication Services0.7%$2.5m40,953−95%reduced
NEE NEXTERA ENERGY INCUtilities0.6%$2.2m26,331+5.2%added
MELI MERCADOLIBREConsumer Cyclical0.6%$2.2m1,077−94%reduced
RUN SUNRUN INCTechnology0.6%$2.2m120,183–new
XYZ BLOCK INCTechnology0.6%$2.0m30,489−23%reduced
NVDA NVIDIA CORPORATIONTechnology0.6%$2.0m16,826+47%added
CLBT CELLEBRITE DI LTDTechnology0.5%$1.9m115,615–new
ADSK AUTODESK INCTechnology0.5%$1.9m6,832–new
DASH DOORDASH INCConsumer Cyclical0.5%$1.7m12,090−31%reduced
HIMS HIMS & HERS HEALTH INCHealthcare0.5%$1.7m90,756–new
META META PLATFORMS INCCommunication Services0.4%$1.5m2,610−27%reduced
INFA1EUR INFORMATICA INC–0.4%$1.5m58,707–new
CRWD CROWDSTRIKE HLDGS INCTechnology0.3%$1.1m3,892–new
FBRX FORTE BIOSCIENCES INCHealthcare0.2%$810k144,981−96%reduced
CSCO CISCO SYS INCTechnology0.2%$744k13,988–new
CMG CHIPOTLE MEXICAN GRILL INCConsumer Cyclical0.2%$742k12,879–new

Exited since Q2 2024

13 rows
SE SEA LTD6.1%$29.8m
BEKE KE HLDGS INC4.9%$24.1m
OKTA OKTA INC0.5%$2.3m
ESTC ELASTIC N V0.4%$2.0m
AAPL APPLE INC0.4%$2.0m
GOOG ALPHABET INC0.3%$1.7m
GPN GLOBAL PMTS INC0.3%$1.7m
SMARGBP SMARTSHEET INC0.3%$1.6m
AMAT APPLIED MATLS INC0.3%$1.6m
IMXI INTERNATIONAL MONEY EXPRESS0.3%$1.4m
KSPI KASPI KZ JSC0.2%$931k
SHOP SHOPIFY INC0.2%$757k
OPEN OPENDOOR TECHNOLOGIES INC0.06%$305k

Sector mix

  • Technology30.7%
  • Healthcare22.6%
  • Financial Services16.4%
  • Industrials13.7%
  • Consumer Cyclical6.9%
  • Unclassified4.4%
  • Basic Materials2.6%
  • Communication Services2.0%
  • Utilities0.6%

Book over time

Every quarter on file (52)
QuarterPositionsEquity book
Q3 20254$30.9m
Q2 20256$34.5m
Q1 20255$23.6m
Q4 202433$398m
Q3 202432$357m
Q2 202436$492m
Q1 202438$585m
Q4 202335$671m
Q3 202338$716m
Q2 202342$925m
Q1 202341$993m
Q4 202227$1.0bn
Q3 202226$1.0bn
Q2 202227$1.4bn
Q1 202230$1.7bn
Q4 202126$3.4bn
Q3 202124$4.0bn
Q2 202129$4.7bn
Q1 202132$4.6bn
Q4 202031$4.8bn
Q3 202029$4.1bn
Q2 202021$3.3bn
Q1 202021$2.7bn
Q4 201913$2.6bn
Q3 201912$2.3bn
Q2 201913$2.8bn
Q1 201911$2.6bn
Q4 20189$2.2bn
Q3 20189$2.3bn
Q2 20188$2.2bn
Q1 20188$2.0bn
Q4 20175$1.6bn
Q3 20176$1.3bn
Q2 20177$2.2bn
Q1 20179$2.2bn
Q4 201610$2.1bn
Q3 20169$2.0bn
Q2 201610$1.9bn
Q1 20169$1.5bn
Q4 20158$1.3bn
Q3 20158$1.4bn
Q2 20158$1.2bn
Q1 201510$1.1bn
Q4 201411$1.1bn
Q3 201411$1.0bn
Q2 201411$1.1bn
Q1 201413$878m
Q4 201312$915m
Q3 201311$754m
Q2 201310$427m
Q1 20137$262m
Q4 20128$239m

Where Tybourne Capital Management (HK) Ltd was early

31 rows
TRIP TRIPADVISOR INCQ1 20137 of 20313.6%13.6%8Exited by Q1 2015+42%
2663134D BITAUTO HLDGS LTDQ2 20132 of 670.09%1.3%2Exited by Q4 2013+47%
AMZN AMAZON.COM INC (AMZN US)Q2 20136 of 37813.2%22.4%47Exited by Q1 2025+1480%
ATHM AUTOHOME INCQ4 20131 of 1005.9%8.2%5Exited by Q1 2015−0.6%
MNST MONSTER BEVERAGE CORP NEWQ1 20142 of 13410.4%12.9%9Exited by Q3 2019+176%
NFLX NETFLIX INCQ2 201413 of 30110.0%20.6%17Exited by Q3 2020+623%
ONDK ON DECK CAP INCQ1 20152 of 705.9%5.9%7Exited by Q4 2016−73%
SAM BOSTON BEER INCQ1 20152 of 1254.3%9.1%8Exited by Q1 2017−36%
DNKN DUNKIN BRANDS GROUP INCQ1 20155 of 847.3%16.2%6Exited by Q3 2016−8.3%
CHTR CHARTER COMMUNICATIONS INC NQ2 20165 of 26927.7%27.7%4Exited by Q2 2017+43%
Z ZILLOW GROUP INC - C (Z US)Q2 201610 of 2303.1%7.8%6Exited by Q1 2025+104%
SNAP SNAP INCQ3 20179 of 24415.9%16.1%8Exited by Q4 2019+8.7%
TEAM ATLASSIAN CORP -CLASS A (TEAM US)Q2 20186 of 2248.6%13.9%20Exited by Q1 2025+289%
TAL TAL EDUCATION GROUPQ3 201811 of 11012.0%13.4%7Exited by Q2 2020+107%
FTCHQ FARFETCH LTD-CLASS A (FTCH US)Q1 20199 of 1730.2%7.6%10Exited by Q3 2023−78%
BCYC BICYCLE THERAPEUTICS LTD-ADR (BCYC US)Q2 20191 of 820.7%20.8%25Exited by Q3 2025−31%
UBER UBER TECHNOLOGIES INCQ2 201914 of 3664.9%4.9%2Exited by Q4 2019−34%
CHWY CHEWY INC - CLASS A (CHWY US)Q1 20207 of 1884.8%4.8%5Exited by Q2 2021+126%
ZNTL ZENTALIS PHARMACEUTICALS INC (ZNTL US)Q2 20202 of 873.9%6.6%22Held at last filing, Q3 2025−97%
MTCH MATCH GROUP INC (MTCH US)Q2 202019 of 2398.3%8.3%4Exited by Q2 2021+28%
NCNO NCINO INCQ3 20202 of 1530.8%1.5%2Exited by Q1 2021−9.1%
TSHA TAYSHA GENE THERAPIES INC (TSHA US)Q3 20206 of 1030.3%39.1%21Held at last filing, Q3 2025−85%
DKNG DRAFTKINGS INC - CL A (DKNG US)Q3 20208 of 2201.8%3.0%3Exited by Q2 2021+4.2%
BEKE KE HOLDINGS INC-ADR (BEKE US)Q4 202010 of 1394.2%9.6%15Exited by Q3 2024−77%
BILL BILL.COM HOLDINGS INC (BILL US)Q4 202011 of 2453.7%3.7%3Exited by Q3 2021+34%
MDB MONGODB INC (MDB US)Q4 202019 of 2286.0%6.9%13Exited by Q1 2024+14%
SNOW SNOWFLAKE INC-CLASS A (SNOW US)Q4 202031 of 3021.2%7.3%8Exited by Q2 2023−45%
AMLX AMYLYX PHARMACEUTICALS INC (AMLX US)Q1 20224 of 1050.6%1.1%2Exited by Q3 2022+50%
SLRN ACELYRIN INC (SLRN US)Q2 20231 of 665.0%30.5%8Exited by Q2 2025−88%
CP CANADIAN PACIFIC KANSAS CITY (CP US)Q2 20235 of 1498.7%13.7%7Exited by Q1 2025−10%
ALMS ALUMIS INC (ALMS US)Q2 20253 of 7912.2%18.0%2Held at last filing, Q3 2025+33%

Concentration and tenure

14.1%
Median largest position, all quarters
The largest single position as a share of the reported equity book.
97.9%
Median top 10 weight, all quarters
The ten largest positions together, as a share of the reported equity book.
Concentrated
Style, by median largest position
2
Median completed holding, quarters