13F Insight
DOSSIER · 13F-HR · Q4 2025

Tenzing Global Management, LLC

$167M in tracked AUM across 16 positions as of Q4 2025.

TG
CIK 0001624095 · last filed Dec 31, 2025
Total AUM
$167M
as of Q4 2025
Holdings
16
—
positions
Whale Score
62
62
tracked
Activity
—
no data
changes this Q
AI Analysis · Q4 2025
Comprehensive Analysis of Tenzing Global Management, LLC (SEC 13F)
1. Portfolio Overview

Tenzing Global Management, LLC reported a significant contraction in portfolio value for the quarter ending September 30, 2025. The total portfolio value decreased by 39.9%, dropping from $159.61M to $95.95M. This reduction was driven not only by potential market volatility but also by a substantial decrease in the number of holdings, which fell from an implied 25+ positions down to just **...

2. Key Holdings

The portfolio is anchored by NETGEAR INC (NTGR), which remains the largest position at $16.20M, representing 16.88% of the portfolio despite a reduction of 16.7% in shares. This indicates that while the firm took some profits or reduced exposure, NTGR remains a core conviction holding.

Fox Factory Hldg Corp (FOXF) and Gogo Inc occupy the second and third spots, at 12.66% and 10.52% respectively. Notably, Gogo saw a massive reduction in stake (down 47.2%, or $22.57M), yet it remains a top-three position, implying the firm still sees value but is managing risk or capital allocation aggressively.

Quarter at a glance — Q4 2025

Position-change comparison pending.

No quarter-over-quarter changes available.

Top 10 holdings

By portfolio weight as of Q4 2025.

#HoldingValueSharesWeight
01
IWM
ISHARES TR
$49M200K29.5%02
G4412G101
HERBALIFE LTD
$16M1.3M9.6%03
NXT
NEXTPOWER INC
$14M163K8.5%04
GOOGL
ALPHABET INC
$13M43K8.0%05
NTGR
NETGEAR INC
$12M500K7.3%06
TSM
TAIWAN SEMICONDUCTOR MFG LTD
$12M40K7.3%07
CHYM
CHIME FINL INC
$11M450K6.8%08
URBN
URBAN OUTFITTERS INC
$8M100K4.5%09
NFLX
NETFLIX INC
$7M75K4.2%10
FOXF
FOX FACTORY HLDG CORP
$7M385K3.9%

Filing history

2025Q4Dec 31
$167M▲ 74.2%
16 positionsView →2025Q3Sep 30
$96M▼ 39.9%
14 positionsView →2025Q2Jun 30
$160M▲ 61.3%
20 positionsLocked2025Q1Mar 31
$99M▼ 26.0%
14 positionsLocked2024Q4Dec 31
$134M▼ 4.8%
18 positionsLocked2024Q3Sep 30
$141M▼ 10.0%
20 positionsLocked2024Q2Jun 30
$156M▲ 41.9%
17 positionsLocked2024Q1Mar 31
$110M▼ 14.4%
14 positionsLocked2023Q4Dec 31
$129M▼ 29.2%
12 positionsLocked2023Q3Sep 30
$181M▼ 5.4%
15 positionsLocked2023Q2Jun 30
$192M▲ 17.2%
15 positionsLocked2023Q1Mar 31
$164M▲ 0.1%
13 positionsLocked
Showing 12 of 35