Latest Tenere Capital LLC Stock Portfolio

$136Million | No. of Holdings #22

Tenere Capital LLC Performance

2026 Q1-2.83%

YTD-2.83%

2025+5.92%

About Tenere Capital LLC and 13F Hedge Fund Stock Holdings

On 2026-05-15, the fund reported it's updated stock portfolio. In the 13F Holdings report, Tenere Capital LLC reported an equity portfolio of $136.4 Millions as of 31 Mar, 2026. <br><br> The top stock holdings of Tenere Capital LLC are NVDA, META, AAPL. The fund has invested 9.9% of it's portfolio in NVIDIA CORP and 9.4% of portfolio in META PLATFORMS INC. <br><br> The fund managers got completely rid off DANAHER CORP (DHR), CAPITAL ONE FINANCIAL CORP (COF) and IQVIA HOLDINGS INC (IQV) stocks. They significantly reduced their stock positions in AMAZON.COM INC (AMZN), GOLDMAN SACHS (GS) and ALPHABET INC CLASS A COMMON STOCK (GOOG). Tenere Capital LLC opened new stock positions in ASML HOLDING N.V. NEW YORK REGISTRY SHAR (ASML), INTEL CORP (INTC) and SHOPIFY INC - CLASS A (SHOP). The fund showed a lot of confidence in some stocks as they added substantially to META PLATFORMS INC (META), ELI LILLY & CO (LLY) and GENERAL ELECTRIC (GE).

Tenere Capital LLC Equity Portfolio Value

Last Reported on: 15 May, 2026

$136Million

as of May 15, 2026

Tenere Capital LLC Annual Return Estimates Vs S&P 500

Our best estimate is that Tenere Capital LLC made a return of -2.83% in the last quarter. In trailing 12 months, it's portfolio return was 11.72%.

Performance
S&P 500

New Buys

Ticker	$ Bought
asml holding n.v. new york registry shar	10,500,600
intel corp	4,896,750
shopify inc - class a	4,861,520
csx corp	3,830,910

New stocks bought by Tenere Capital LLC

Additions

Ticker	% Inc.
meta platforms inc	287
eli lilly & co	150
general electric	148
nvidia corp	51.61
caterpillar inc	15.16
applied materials	13.39
analog devices	13.06

Additions to existing portfolio by Tenere Capital LLC

Reductions

Ticker	% Reduced
amazon.com inc	-51.06
goldman sachs	-41.69
alphabet inc class a common stock	-41.15
visa inc-class a shares	-40.97
coinbase global inc -class a	-40.71
blackrock funding inc/de	-24.77
microsoft corporation	-19.74
ge vernova llc	-7.9

Tenere Capital LLC reduced stake in above stock

Sold off

Ticker	$ Sold
danaher corp	-7,931,620
capital one financial corp	-7,200,030
iqvia holdings inc	-3,879,310
autodesk inc	-1,355,430

Tenere Capital LLC got rid off the above stocks

Sector Distribution

Tenere Capital LLC has about 32.6% of it's holdings in Technology sector.

Technology
Others
Industrials
Communication Services
Financial Services
Healthcare
Consumer Cyclical

Sector	%
Technology	32.6
Others	26.6
Industrials	13.6
Communication Services	12.1
Financial Services	8.3
Healthcare	4.4
Consumer Cyclical	2.4

Market Cap. Distribution

Tenere Capital LLC has about 73.4% of it's portfolio invested in the large-cap and mega-cap stocks.

MEGA-CAP
UNALLOCATED
LARGE-CAP

Category	%
MEGA-CAP	64.4
UNALLOCATED	26.6
LARGE-CAP	9

Stocks belong to which Index?

About 71.9% of the stocks held by Tenere Capital LLC either belong to S&P 500 or RUSSELL 2000 index.

S&P 500
Others

Index	%
S&P 500	71.9
Others	28.1

Top 5 Winners (%)		%
	ge vernova llc	32.2 %
AMAT	applied materials	30.5 %
CAT	caterpillar inc	21.8 %
ADI	analog devices	16.1 %
TSM	taiwan semi adr	11.1 %

Top 5 Winners ($)		$
AMAT	applied materials	1.3 M
	ge vernova llc	1.1 M
TSM	taiwan semi adr	1.0 M
CAT	caterpillar inc	0.9 M
ADI	analog devices	0.9 M

Top 5 Losers (%)		%
	klarna group plc	-51.9 %
MSFT	microsoft corporation	-21.1 %
COIN	coinbase global inc -class a	-18.1 %
V	visa inc-class a shares	-11.0 %
LLY	eli lilly & co	-10.5 %

Top 5 Losers ($)		$
META	meta platforms inc	-1.2 M
V	visa inc-class a shares	-0.9 M
MSFT	microsoft corporation	-0.9 M
	klarna group plc	-0.9 M
AAPL	apple inc	-0.8 M

Tenere Capital LLC Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of Tenere Capital LLC

Tenere Capital LLC has 22 stocks in it's portfolio. About 67.2% of the portfolio is in top 10 stocks. META proved to be the most loss making stock for the portfolio. AMAT was the most profitable stock for Tenere Capital LLC last quarter.

$136.37MTotal Value

26.00Positions

15 May, 2026Last Reported

Current holdings of Current Stock Holdings of Tenere Capital LLC, last reported on 15 May, 2026. Select a row with a linked ticker to view its historical trend.
Holdingsorted ascending	% Portfolio	Shares Held	$ Value	% Change
AAPL Apple Inc Apple IncAAPL Tenere Capital LLC's holding in Apple Inc over time	8.39%	45,061	$11.44M 8.39%	decreased 3.64 percentreduced

ADI Analog Devices Analog DevicesADI Tenere Capital LLC's holding in Analog Devices over time	4.64%	19,908	$6.33M 4.64%	increased 13.06 percentadded

ADSK Autodesk Inc Autodesk IncADSK Tenere Capital LLC's holding in Autodesk Inc over time	0%	0.00	$0.00 0%	decreased 100 percentsold off

AMAT Applied Materials Applied MaterialsAMAT Tenere Capital LLC's holding in Applied Materials over time	4.12%	16,417	$5.61M 4.12%	increased 13.39 percentadded

AMZN Amazon.Com Inc Amazon.Com IncAMZN Tenere Capital LLC's holding in Amazon.Com Inc over time	2.37%	15,485	$3.23M 2.37%	decreased 51.06 percentreduced

ASML Asml Holding N.V. New York Registry Shar Asml Holding N.V. New York Registry Shar ASML Tenere Capital LLC's holding in Asml Holding N.V. New York Registry Shar over time	7.7%	7,950	$10.50M 7.7%	new position

CAT Caterpillar Inc Caterpillar IncCAT Tenere Capital LLC's holding in Caterpillar Inc over time	3.86%	7,429	$5.26M 3.86%	increased 15.16 percentadded

COF Capital One Financial Corp Capital One Financial CorpCOF Tenere Capital LLC's holding in Capital One Financial Corp over time	0%	0.00	$0.00 0%	decreased 100 percentsold off

COIN Coinbase Global Inc -Class A Coinbase Global Inc -Class ACOIN Tenere Capital LLC's holding in Coinbase Global Inc -Class A over time	1.51%	11,831	$2.07M 1.51%	decreased 40.71 percentreduced

CSX Csx Corp Csx CorpCSX Tenere Capital LLC's holding in Csx Corp over time	2.81%	93,323	$3.83M 2.81%	new position

DHR Danaher Corp Danaher CorpDHR Tenere Capital LLC's holding in Danaher Corp over time	0%	0.00	$0.00 0%	decreased 100 percentsold off

GE General Electric General ElectricGE Tenere Capital LLC's holding in General Electric over time	6.96%	33,435	$9.49M 6.96%	increased 148.38 percentadded

GOOG Alphabet Inc Class A Common Stock Alphabet Inc Class A Common StockGOOG Tenere Capital LLC's holding in Alphabet Inc Class A Common Stock over time	2.69%	12,769	$3.67M 2.69%	decreased 41.15 percentreduced

GS Goldman Sachs Goldman SachsGS Tenere Capital LLC's holding in Goldman Sachs over time	3.59%	5,783	$4.89M 3.59%	decreased 41.69 percentreduced

INTC Intel Corp Intel CorpINTC Tenere Capital LLC's holding in Intel Corp over time	3.59%	110,962	$4.90M 3.59%	new position

IQV Iqvia Holdings Inc Iqvia Holdings IncIQV Tenere Capital LLC's holding in Iqvia Holdings Inc over time	0%	0.00	$0.00 0%	decreased 100 percentsold off

LLY Eli Lilly & Co Eli Lilly & CoLLY Tenere Capital LLC's holding in Eli Lilly & Co over time	4.44%	6,590	$6.06M 4.44%	increased 150.38 percentadded

META Meta Platforms Inc Meta Platforms IncMETA Tenere Capital LLC's holding in Meta Platforms Inc over time	9.42%	22,464	$12.85M 9.42%	increased 287.31 percentadded

MSFT Microsoft Corporation Microsoft CorporationMSFT Tenere Capital LLC's holding in Microsoft Corporation over time	1.96%	7,215	$2.67M 1.96%	decreased 19.74 percentreduced

NVDA Nvidia Corp Nvidia CorpNVDA Tenere Capital LLC's holding in Nvidia Corp over time	9.89%	77,311	$13.48M 9.89%	increased 51.61 percentadded