Filed: 1/16/2026ACC: 0001193125-26-014749
📋 What this filing means
TB ALTERNATIVE ASSETS LTD. filed this quarterly 13F‑HR report disclosing 50 equity positions with a total reported market value of $610.76M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
50
Positions
$610.76M
Total AUM (reported)
11.33M
Total Shares
Allocation by class
COM$157.75M25.8%
CL A$137.32M22.5%
CAP STK CL C$98.17M16.1%
SPONSORED ADS$60.53M9.9%
COM CL A$38.17M6.2%
ULTRAPRO SHORT$31.05M5.1%
CL C CAP STK$24.99M4.1%
Portfolio Concentration
Top 3$258.12M42.3%
4–10$203.65M33.3%
11–25$128.58M21.1%
Rest$20.42M3.3%
Top 3 weight
42.3%
Top 10 weight
75.6%
Voting Authority Distribution
Total shares with voting rights: 11.33M
Sole
Full voting authority
11.33M
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
Other50
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings50
Rows:
META PLATFORMS INC CL A
DFNDShares173.19K
TypeSH
Market value$114.32M
18.72%
Sole
173.19K
Shared
0.00
None
0.00
ALPHABET INC CAP STK CL C
DFNDShares312.83K
TypeSH
Market value$98.17M
16.07%
Sole
312.83K
Shared
0.00
None
0.00
INTEL CORP
DFNDShares1.24M
TypeSH
Market value$45.63M
7.47%
Sole
1.24M
Shared
0.00
None
0.00
AGNICO EAGLE MINES LTD
DFNDShares229.63K
TypeSH
Market value$38.93M
6.37%
Sole
229.63K
Shared
0.00
None
0.00
PDD HOLDINGS INC SPONSORED ADS
DFNDShares340.23K
TypeSH
Market value$38.58M
6.32%
Sole
340.23K
Shared
0.00
None
0.00
PROSHARES TR ULTRAPRO SHORT
DFNDShares453.25K
TypeSH
Market value$31.05M
5.08%
Sole
453.25K
Shared
0.00
None
0.00
FIGURE TECHNOLOGY SOLUTIO COM CL A
DFNDShares681.67K
TypeSH
Market value$27.84M
4.56%
Sole
681.67K
Shared
0.00
None
0.00
ZILLOW GROUP INC CL C CAP STK
DFNDShares366.27K
TypeSH
Market value$24.99M
4.09%
Sole
366.27K
Shared
0.00
None
0.00
CENTRUS ENERGY CORP CL A
DFNDShares90.97K
TypeSH
Market value$22.08M
3.62%
Sole
90.97K
Shared
0.00
None
0.00
STRATEGY INC CL A NEW
DFNDShares132.80K
TypeSH
Market value$20.18M
3.30%
Sole
132.80K
Shared
0.00
None
0.00
D R HORTON INC
DFNDShares138.61K
TypeSH
Market value$19.96M
3.27%
Sole
138.61K
Shared
0.00
None
0.00
APPLE INC
DFNDShares72.02K
TypeSH
Market value$19.58M
3.21%
Sole
72.02K
Shared
0.00
None
0.00
NOVO-NORDISK A S ADR
DFNDShares266.17K
TypeSH
Market value$13.54M
2.22%
Sole
266.17K
Shared
0.00
None
0.00
SNOWFLAKE INC COM SHS
DFNDShares45.77K
TypeSH
Market value$10.04M
1.64%
Sole
45.77K
Shared
0.00
None
0.00
CONSTELLATION ENERGY CORP
DFNDShares27.24K
TypeSH
Market value$9.62M
1.58%
Sole
27.24K
Shared
0.00
None
0.00
MP MATERIALS CORP COM CL A
DFNDShares179.89K
TypeSH
Market value$9.09M
1.49%
Sole
179.89K
Shared
0.00
None
0.00
SO-YOUNG INTERNATIONAL-ADR
DFNDShares3.07M
TypeSH
Market value$7.85M
1.29%
Sole
3.07M
Shared
0.00
None
0.00
TRIP COM GROUP LTD ADS
DFNDShares90.32K
TypeSH
Market value$6.49M
1.06%
Sole
90.32K
Shared
0.00
None
0.00
BROADCOM INC
DFNDShares16.12K
TypeSH
Market value$5.58M
0.91%
Sole
16.12K
Shared
0.00
None
0.00
ROCKET LAB CORP
DFNDShares78.20K
TypeSH
Market value$5.46M
0.89%
Sole
78.20K
Shared
0.00
None
0.00
PARAMOUNT SKYDANCE CORP COM CL B
DFNDShares389.19K
TypeSH
Market value$5.22M
0.85%
Sole
389.19K
Shared
0.00
None
0.00
FULL TRUCK ALLIANCE CO LTD SPONSORED ADS
DFNDShares468.43K
TypeSH
Market value$5.03M
0.82%
Sole
468.43K
Shared
0.00
None
0.00
TAL EDUCATION GROUP SPONSORED ADS
DFNDShares400.81K
TypeSH
Market value$4.37M
0.72%
Sole
400.81K
Shared
0.00
None
0.00
TESLA INC
DFNDShares8.51K
TypeSH
Market value$3.83M
0.63%
Sole
8.51K
Shared
0.00
None
0.00
TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS
DFNDShares9.60K
TypeSH
Market value$2.92M
0.48%
Sole
9.60K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
META PLATFORMS INC CL ADFND | CL A | 173.19K | SH | $114.32M 18.72% | 173.19K | 0.00 | 0.00 |
ALPHABET INC CAP STK CL CDFND | CAP STK CL C | 312.83K | SH | $98.17M 16.07% | 312.83K | 0.00 | 0.00 |
INTEL CORPDFND | COM | 1.24M | SH | $45.63M 7.47% | 1.24M | 0.00 | 0.00 |
AGNICO EAGLE MINES LTDDFND | COM | 229.63K | SH | $38.93M 6.37% | 229.63K | 0.00 | 0.00 |
PDD HOLDINGS INC SPONSORED ADSDFND | SPONSORED ADS | 340.23K | SH | $38.58M 6.32% | 340.23K | 0.00 | 0.00 |
PROSHARES TR ULTRAPRO SHORTDFND | ULTRAPRO SHORT | 453.25K | SH | $31.05M 5.08% | 453.25K | 0.00 | 0.00 |
FIGURE TECHNOLOGY SOLUTIO COM CL ADFND | COM CL A | 681.67K | SH | $27.84M 4.56% | 681.67K | 0.00 | 0.00 |
ZILLOW GROUP INC CL C CAP STKDFND | CL C CAP STK | 366.27K | SH | $24.99M 4.09% | 366.27K | 0.00 | 0.00 |
CENTRUS ENERGY CORP CL ADFND | CL A | 90.97K | SH | $22.08M 3.62% | 90.97K | 0.00 | 0.00 |
STRATEGY INC CL A NEWDFND | CL A NEW | 132.80K | SH | $20.18M 3.30% | 132.80K | 0.00 | 0.00 |
D R HORTON INCDFND | COM | 138.61K | SH | $19.96M 3.27% | 138.61K | 0.00 | 0.00 |
APPLE INCDFND | COM | 72.02K | SH | $19.58M 3.21% | 72.02K | 0.00 | 0.00 |
NOVO-NORDISK A S ADRDFND | ADR | 266.17K | SH | $13.54M 2.22% | 266.17K | 0.00 | 0.00 |
SNOWFLAKE INC COM SHSDFND | COM SHS | 45.77K | SH | $10.04M 1.64% | 45.77K | 0.00 | 0.00 |
CONSTELLATION ENERGY CORPDFND | COM | 27.24K | SH | $9.62M 1.58% | 27.24K | 0.00 | 0.00 |
MP MATERIALS CORP COM CL ADFND | COM CL A | 179.89K | SH | $9.09M 1.49% | 179.89K | 0.00 | 0.00 |
SO-YOUNG INTERNATIONAL-ADRDFND | SPONSORED ADS | 3.07M | SH | $7.85M 1.29% | 3.07M | 0.00 | 0.00 |
TRIP COM GROUP LTD ADSDFND | ADS | 90.32K | SH | $6.49M 1.06% | 90.32K | 0.00 | 0.00 |
BROADCOM INCDFND | COM | 16.12K | SH | $5.58M 0.91% | 16.12K | 0.00 | 0.00 |
ROCKET LAB CORPDFND | COM | 78.20K | SH | $5.46M 0.89% | 78.20K | 0.00 | 0.00 |
PARAMOUNT SKYDANCE CORP COM CL BDFND | COM CL B | 389.19K | SH | $5.22M 0.85% | 389.19K | 0.00 | 0.00 |
FULL TRUCK ALLIANCE CO LTD SPONSORED ADSDFND | SPONSORED ADS | 468.43K | SH | $5.03M 0.82% | 468.43K | 0.00 | 0.00 |
TAL EDUCATION GROUP SPONSORED ADSDFND | SPONSORED ADS | 400.81K | SH | $4.37M 0.72% | 400.81K | 0.00 | 0.00 |
TESLA INCDFND | COM | 8.51K | SH | $3.83M 0.63% | 8.51K | 0.00 | 0.00 |
TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADSDFND | SPONSORED ADS | 9.60K | SH | $2.92M 0.48% | 9.60K | 0.00 | 0.00 |
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