Karthik Sarma's fund - a Tiger-lineage long/short famous for an outsized, long-held technology position.
| # | Holding | Our call | % of book | Value | Shares | QoQ |
|---|---|---|---|---|---|---|
| 1 | CAR | Avoid | 26.9% | $2.54B | 17.4M | — |
| 2 | NFLX | Buy | 15.4% | $1.46B | 15.2M | — |
| 3 | TPR | Hold | 7.5% | $713M | 5.05M | — |
| 4 | NVDA | Hold | 4.6% | $436M | 2.50M | Trimmed-24% |
| 5 | META | Buy | 4.4% | $412M | 720K | Trimmed-3% |
| 6 | BURL | Buy | 4.0% | $376M | 1.16M | — |
| 7 | RBLX | Buy | 3.9% | $373M | 6.60M | Added+125% |
| 8 | PLNT | — | 3.8% | $363M | 4.89M | — |
| 9 | AMD | Sell | 3.1% | $293M | 1.44M | Trimmed-12% |
| 10 | CLS | Hold | 3.0% | $286M | 1.02M | — |
| 11 | UAL | Hold | 2.8% | $268M | 2.91M | — |
| 12 | TWLO | Hold | 2.7% | $260M | 2.06M | Added+14% |
| 13 | CRDO | Hold | 2.5% | $235M | 2.51M | Added+2144% |
| 14 | KMX | Hold | 2.5% | $235M | 5.65M | — |
| 15 | ABNB | Hold | 2.4% | $224M | 1.78M | Trimmed-30% |
| 16 | TSM | — | 1.8% | $172M | 510K | — |
| 17 | FIVE BELOW INC | — | 1.7% | $165M | 723K | NEW |
| 18 | HUT | Hold | 1.5% | $145M | 3.08M | Added+7% |
| 19 | MDB | Buy | 1.4% | $129M | 527K | — |
| 20 | SPOT | — | 1.3% | $119M | 245K | Added+66% |
| 21 | DAL | Buy | 0.5% | $51.9M | 780K | Added+6% |
| 22 | GLOBAL E ONLINE LTD | — | 0.4% | $38.2M | 1.24M | Added+38% |
| 23 | TCOM | — | 0.4% | $37.7M | 758K | — |
| 24 | WRBY | — | 0.3% | $30.3M | 1.44M | — |
| 25 | CMCSA | — | 0.3% | $27.9M | 973K | — |
| 26 | SNDK | Avoid | 0.2% | $22.3M | 35.1K | NEW |
| 27 | CPNG | Hold | 0.2% | $21.1M | 1.12M | NEW |
| 28 | ELV | Hold | 0.2% | $17.4M | 59.6K | Trimmed-59% |
| 29 | HSAI | — | 0.1% | $10.7M | 560K | — |
Source: SEC Form 13F-HR. Positions are as-of quarter end (filed up to 45 days later) and cover US-listed equities only — shorts, non-US listings and most derivatives don’t appear. Values as reported by the filer. “Our call” is TENK/calls’s independent SEC-grounded verdict, not the fund’s view.
Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.