TenCore Partners, LP

Key Holdings

The portfolio is dominated by high-growth and large-cap technology names, with a clear preference for companies benefiting from digital transformation and advertising spend.

• META Platforms (META): Remaining the largest holding at 23.18% ($35.87M), META continues to be the cornerstone position. Despite a 10.1% reduction in shares during the quarter, the firm maintains significant exposure, suggesting continued confidence in Meta’s dominance in the communication services space and advertising cycle.
• Monday.com (MNDY): This is the standout position in the portfolio, representing 17.70% of assets. TenCore aggressively increased this stake by 42.2% during the quarter, adding $3.89M in value. This move signals a strong conviction in the software-as-a-service (SaaS) sector, specifically regarding work operating systems and enterprise workflow optimization.
• Alphabet Inc. (GOOGL): The third-largest holding (15.09%), GOOGL complements META as a major bet on the digital advertising ecosystem. The firm reduced this position by 13.0%, yet it remains a core component of the portfolio.
• DoorDash (DASH) & Workday (WDAY): These two technology names round out the top five, representing 12.10% and 10.29% of the portfolio, respectively. Both positions saw minor reductions (approximately 9%), likely for profit-taking or risk management.