Filed: 4/14/2025ACC: 0000950123-25-003471
📋 What this filing means
TB ALTERNATIVE ASSETS LTD. filed this quarterly 13F‑HR report disclosing 44 equity positions with a total reported market value of $430.44M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
44
Positions
$430.44M
Total AUM (reported)
10.94M
Total Shares
Allocation by class
COM$133.67M31.1%
CL A$58.05M13.5%
SPONSORED ADS$50.48M11.7%
CL C CAP STK$39.14M9.1%
CAP STK CL C$30.62M7.1%
N Y REGISTRY SHS$27.84M6.5%
ULTRAPRO QQQ$26.49M6.2%
Portfolio Concentration
Top 3$112.78M26.2%
4–10$176.61M41.0%
11–25$106.22M24.7%
Rest$34.83M8.1%
Top 3 weight
26.2%
Top 10 weight
67.2%
Voting Authority Distribution
Total shares with voting rights: 10.94M
Sole
Full voting authority
10.94M
shares
% of voting shares100.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
0.00
shares
% of voting shares0.0%
Investment Discretion (by position count)
Sole0
Shared0
Other44
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings44
Rows:
ZILLOW GROUP INC - C Z US
DFNDShares570.91K
TypeSH
Market value$39.14M
9.09%
Sole
570.91K
Shared
0.00
None
0.00
CONSTELLATION ENERGY CEG US
DFNDShares192.10K
TypeSH
Market value$38.73M
9.00%
Sole
192.10K
Shared
0.00
None
0.00
META PLATFORMS INC-CLASS A META US
DFNDShares60.56K
TypeSH
Market value$34.91M
8.11%
Sole
60.56K
Shared
0.00
None
0.00
ALPHABET INC-CL C GOOG US
DFNDShares195.97K
TypeSH
Market value$30.62M
7.11%
Sole
195.97K
Shared
0.00
None
0.00
BOEING CO/THE BA US
DFNDShares179.44K
TypeSH
Market value$30.60M
7.11%
Sole
179.44K
Shared
0.00
None
0.00
ASML HOLDING NV-NY REG SHS ASML US
DFNDShares42.01K
TypeSH
Market value$27.84M
6.47%
Sole
42.01K
Shared
0.00
None
0.00
PROSHARES ULTRAPRO QQQ TQQQ US
DFNDShares462.39K
TypeSH
Market value$26.49M
6.16%
Sole
462.39K
Shared
0.00
None
0.00
PDD HOLDINGS INC PDD US
DFNDShares199.89K
TypeSH
Market value$23.66M
5.50%
Sole
199.89K
Shared
0.00
None
0.00
GRAYSCALE BITCOIN TRUST ETF GBTC US
DFNDShares290.20K
TypeSH
Market value$18.91M
4.39%
Sole
290.20K
Shared
0.00
None
0.00
MODERNA INC MRNA US
DFNDShares652.37K
TypeSH
Market value$18.49M
4.30%
Sole
652.37K
Shared
0.00
None
0.00
AMAZON.COM INC AMZN US
DFNDShares64.89K
TypeSH
Market value$12.35M
2.87%
Sole
64.89K
Shared
0.00
None
0.00
CENTRUS ENERGY CORP-CLASS A LEU US
DFNDShares144.87K
TypeSH
Market value$9.01M
2.09%
Sole
144.87K
Shared
0.00
None
0.00
SNAP INC - A SNAP US
DFNDShares1.02M
TypeSH
Market value$8.92M
2.07%
Sole
1.02M
Shared
0.00
None
0.00
SUPER MICRO COMPUTER INC SMCI US
DFNDShares254.86K
TypeSH
Market value$8.73M
2.03%
Sole
254.86K
Shared
0.00
None
0.00
NVIDIA CORP NVDA US
DFNDShares77.38K
TypeSH
Market value$8.39M
1.95%
Sole
77.38K
Shared
0.00
None
0.00
MICRON TECHNOLOGY INC MU US
DFNDShares79.79K
TypeSH
Market value$6.93M
1.61%
Sole
79.79K
Shared
0.00
None
0.00
FULL TRUCK ALLIANCE -SPN ADR YMM US
DFNDShares530.45K
TypeSH
Market value$6.77M
1.57%
Sole
530.45K
Shared
0.00
None
0.00
DRX DLY FTSE CHINA BULL 3X YINN US
DFNDShares160.42K
TypeSH
Market value$6.65M
1.55%
Sole
160.42K
Shared
0.00
None
0.00
TAIWAN SEMICONDUCTOR-SP ADR TSM US
DFNDShares39.10K
TypeSH
Market value$6.49M
1.51%
Sole
39.10K
Shared
0.00
None
0.00
WALT DISNEY CO/THE DIS US
DFNDShares62.73K
TypeSH
Market value$6.19M
1.44%
Sole
62.73K
Shared
0.00
None
0.00
NUSCALE POWER CORP SMR US
DFNDShares419.36K
TypeSH
Market value$5.94M
1.38%
Sole
419.36K
Shared
0.00
None
0.00
KE HOLDINGS INC-ADR BEKE US
DFNDShares265.71K
TypeSH
Market value$5.34M
1.24%
Sole
265.71K
Shared
0.00
None
0.00
SNOWFLAKE INC-CLASS A SNOW US
DFNDShares35.66K
TypeSH
Market value$5.21M
1.21%
Sole
35.66K
Shared
0.00
None
0.00
TRADE DESK INC/THE -CLASS A TTD US
DFNDShares91.20K
TypeSH
Market value$4.99M
1.16%
Sole
91.20K
Shared
0.00
None
0.00
EBAY INC EBAY US
DFNDShares63.70K
TypeSH
Market value$4.31M
1.00%
Sole
63.70K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
ZILLOW GROUP INC - C Z USDFND | CL C CAP STK | 570.91K | SH | $39.14M 9.09% | 570.91K | 0.00 | 0.00 |
CONSTELLATION ENERGY CEG USDFND | COM | 192.10K | SH | $38.73M 9.00% | 192.10K | 0.00 | 0.00 |
META PLATFORMS INC-CLASS A META USDFND | CL A | 60.56K | SH | $34.91M 8.11% | 60.56K | 0.00 | 0.00 |
ALPHABET INC-CL C GOOG USDFND | CAP STK CL C | 195.97K | SH | $30.62M 7.11% | 195.97K | 0.00 | 0.00 |
BOEING CO/THE BA USDFND | COM | 179.44K | SH | $30.60M 7.11% | 179.44K | 0.00 | 0.00 |
ASML HOLDING NV-NY REG SHS ASML USDFND | N Y REGISTRY SHS | 42.01K | SH | $27.84M 6.47% | 42.01K | 0.00 | 0.00 |
PROSHARES ULTRAPRO QQQ TQQQ USDFND | ULTRAPRO QQQ | 462.39K | SH | $26.49M 6.16% | 462.39K | 0.00 | 0.00 |
PDD HOLDINGS INC PDD USDFND | SPONSORED ADS | 199.89K | SH | $23.66M 5.50% | 199.89K | 0.00 | 0.00 |
GRAYSCALE BITCOIN TRUST ETF GBTC USDFND | SHS REP COM UT | 290.20K | SH | $18.91M 4.39% | 290.20K | 0.00 | 0.00 |
MODERNA INC MRNA USDFND | COM | 652.37K | SH | $18.49M 4.30% | 652.37K | 0.00 | 0.00 |
AMAZON.COM INC AMZN USDFND | COM | 64.89K | SH | $12.35M 2.87% | 64.89K | 0.00 | 0.00 |
CENTRUS ENERGY CORP-CLASS A LEU USDFND | CL A | 144.87K | SH | $9.01M 2.09% | 144.87K | 0.00 | 0.00 |
SNAP INC - A SNAP USDFND | CL A | 1.02M | SH | $8.92M 2.07% | 1.02M | 0.00 | 0.00 |
SUPER MICRO COMPUTER INC SMCI USDFND | COM NEW | 254.86K | SH | $8.73M 2.03% | 254.86K | 0.00 | 0.00 |
NVIDIA CORP NVDA USDFND | COM | 77.38K | SH | $8.39M 1.95% | 77.38K | 0.00 | 0.00 |
MICRON TECHNOLOGY INC MU USDFND | COM | 79.79K | SH | $6.93M 1.61% | 79.79K | 0.00 | 0.00 |
FULL TRUCK ALLIANCE -SPN ADR YMM USDFND | SPONSORED ADS | 530.45K | SH | $6.77M 1.57% | 530.45K | 0.00 | 0.00 |
DRX DLY FTSE CHINA BULL 3X YINN USDFND | DL FTSE BULL 3X | 160.42K | SH | $6.65M 1.55% | 160.42K | 0.00 | 0.00 |
TAIWAN SEMICONDUCTOR-SP ADR TSM USDFND | SPONSORED ADS | 39.10K | SH | $6.49M 1.51% | 39.10K | 0.00 | 0.00 |
WALT DISNEY CO/THE DIS USDFND | COM | 62.73K | SH | $6.19M 1.44% | 62.73K | 0.00 | 0.00 |
NUSCALE POWER CORP SMR USDFND | CL A COM | 419.36K | SH | $5.94M 1.38% | 419.36K | 0.00 | 0.00 |
KE HOLDINGS INC-ADR BEKE USDFND | SPONSORED ADS | 265.71K | SH | $5.34M 1.24% | 265.71K | 0.00 | 0.00 |
SNOWFLAKE INC-CLASS A SNOW USDFND | CL A | 35.66K | SH | $5.21M 1.21% | 35.66K | 0.00 | 0.00 |
TRADE DESK INC/THE -CLASS A TTD USDFND | COM CL A | 91.20K | SH | $4.99M 1.16% | 91.20K | 0.00 | 0.00 |
EBAY INC EBAY USDFND | COM | 63.70K | SH | $4.31M 1.00% | 63.70K | 0.00 | 0.00 |
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