Q3 2025 · 13F-HR
Tekne Capital Management, LLCholdings as filed
Filed 2025-11-13 · accession 0000919574-25-006694
$354.2M
Reported value
5
Positions
2025-09-30
Period end
The Brief · Tekne Capital Management, LLC · Q3 2025
AI · grounded in 13F
Tekne Capital Management, LLC established five new positions to build its portfolio. The fund's largest move was a $245.2M investment in GDS. Other new additions include BZ at $61.9M and STNE at $41.6M. The fund also initiated smaller positions in HEPS and TONX.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 36165L108 | GDS | GDS HLDGS LTD | $245.2M | 69.2% | 6,336,456 | Common | SOLE |
| 48553T106 | BZ | KANZHUN LIMITED | $61.9M | 17.5% | 2,650,000 | Common | SOLE |
| G85158106 | STNE | STONECO LTD | $41.6M | 11.7% | 2,200,000 | Common | SOLE |
| 23292B104 | HEPS | D MARKET ELECTR SVCS & TRADI | $4.3M | 1.22% | 1,611,112 | Common | SOLE |
| 92337U302 | TONX | TON STRATEGY CO | $1.1M | 0.31% | 157,810 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.