Tekne Capital Management portfolio

What changed this quarter

4 positions with a change (2 new, 2 added to); also, 1 entered through an IPO. 4 are listed here: those of 0.5 points of the portfolio or more (up to 12).

• GDS Holdings+18%more sharesIncreased
  86.0% → 58.7%
• Bitdeer Technologies Group+6.5 ppof portfolioNew
  — → 6.5%
• Baidu+2.4 ppof portfolioNew
  — → 2.4%
• ACM Research+3.1%more sharesIncreased
  11.9% → 30.6%

The figure on the right: for positions added to or trimmed, the change in the number of shares (%); for new and sold ones, the points of the portfolio moved (pp). Below, the portfolio weight before → after. Traded weight?: what it bought or sold, excluding price effects.

Top holdings

• GDS HoldingsGDS58.7%Since Q4 2021 · 19 quartersDetails ▾
• ACM ResearchACMR30.6%Since Q4 2025 · 3 quartersDetails ▾
• Bitdeer Technologies GroupBTDR6.5%Since Q2 2026 · 1 quarterDetails ▾
• BaiduBIDU2.4%Since Q2 2026 · 1 quarterDetails ▾
• Proem Acquisition Corp IPAACU(unit)1.6%Since Q1 2026 · 2 quartersDetails ▾
• DPC HoldingsDPC0.1%Since Q2 2026 · 1 quarterDetails ▾

“Since”: first quarter of the current run, unbroken until today. In the details, prices are the quarter-end prices of the quarters in which it added shares, per the 13F. The manager may have bought at any price within each quarter; the SEC only publishes the value at quarter end.