DOSSIER · 13F-HR · Q1 2026

TFJ Management, LLC

$141M in tracked AUM across 14 positions as of Q1 2026.

TM
CIK 0002056069 · last filed Mar 31, 2026
Total AUM
$141M
as of Q1 2026
Holdings
14
positions
Whale Score
69
69
tracked
Activity
no data
changes this Q
AI Analysis · Q1 2026
SEC 13F Filing Analysis: TFJ Management, LLC
Portfolio Overview

TFJ Management, LLC manages a concentrated portfolio with a total value of $142.00 million as of September 30, 2025. The firm employs a high-conviction strategy, holding only 9 positions, which indicates a preference for focused bets on specific companies rather than broad diversification. Over the quarter, the portfolio saw significant growth, increasing in value by 17.6% (up from $120.79 million). This performance was driven...

Key Holdings

The portfolio is anchored by AppLovin Corp (APP), which remains the dominant position despite a significant reduction. Valued at $39.15 million, it accounts for 27.57% of the portfolio. While the firm reduced this stake by 30% ($11.90 million), it remains a core holding, suggesting continued confidence in the company's long-term prospects despite taking profits or managing risk.

The second and third positions, Coupang Inc (CPNG) and OpenLane Inc (OPLN), represent 17.70% and 12.53% of the portfolio, respectively. These positions appear to have been relatively stable or increased, reinforcing their status as key pillars of the fund's strategy.

Quarter at a glance — Q1 2026

Position-change comparison pending.

No quarter-over-quarter changes available.

Top 10 holdings

By portfolio weight as of Q1 2026.

#HoldingValueSharesWeight
01
CPNG
COUPANG INC
$29M1.6M20.8%
02
EWY
ISHARES INC
$26M211K18.4%
03
APP
APPLOVIN CORP
$25M63K17.7%
04
OPLN
OPENLANE INC
$23M786K16.2%
05
GTLB
GITLAB INC
$13M607K9.3%
06
APPF
APPFOLIO INC
$8M52K5.8%
07
IOT
SAMSARA INC
$4M130K2.9%
08
SAIL
SAILPOINT INC
$4M294K2.8%
09
G21810109
CLARIVATE PLC
$3M1.2M2.1%
10
M8216R109
RISKIFIED LTD
$2M547K1.5%

Filing history

2026Q1Mar 31
$141M 1.8%
14 positionsView →
2025Q4Dec 31
$139M 2.2%
10 positionsView →
2025Q3Sep 30
$142M 17.6%
9 positionsView →
2025Q2Jun 30
$121M 25.3%
11 positionsLocked
2025Q1Mar 31
$96M 13.2%
11 positionsLocked
2024Q4Dec 31
$111M
16 positionsLocked