Filed: 4/16/2026ACC: 0001193125-26-157768
📋 What this filing means
TB ALTERNATIVE ASSETS LTD. filed this quarterly 13F‑HR report disclosing 36 equity positions with a total reported market value of $481.08M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
36
Positions
$481.08M
Total AUM (reported)
12.78M
Total Shares
Allocation by class
COM$144.81M30.1%
CL A$97.70M20.3%
SPONSORED ADS$57.13M11.9%
ULTRA GOLD$42.88M8.9%
COM CL A$40.11M8.3%
CAP STK CL C$24.01M5.0%
ULTRAPRO SHORT$17.79M3.7%
Portfolio Concentration
Top 3$154.89M32.2%
4–10$171.57M35.7%
11–25$138.17M28.7%
Rest$16.46M3.4%
Top 3 weight
32.2%
Top 10 weight
67.9%
Voting Authority Distribution
Total shares with voting rights: 12.78M
Sole
Full voting authority
12.78M
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
Other36
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings36
Rows:
META PLATFORMS INC CL A
DFNDShares135K
TypeSH
Market value$77.24M
16.05%
Sole
135K
Shared
0.00
None
0.00
PROSHARES TR II ULTRA GOLD
DFNDShares697.74K
TypeSH
Market value$42.88M
8.91%
Sole
697.74K
Shared
0.00
None
0.00
PDD HOLDINGS INC SPONSORED ADS
DFNDShares340.23K
TypeSH
Market value$34.76M
7.23%
Sole
340.23K
Shared
0.00
None
0.00
FIGURE TECHNOLOGY SOLUTIO COM CL A
DFNDShares997.43K
TypeSH
Market value$33.86M
7.04%
Sole
997.43K
Shared
0.00
None
0.00
OCCIDENTAL PETE CORP
DFNDShares514.70K
TypeSH
Market value$33.46M
6.95%
Sole
514.70K
Shared
0.00
None
0.00
ALPHABET INC CAP STK CL C
DFNDShares83.70K
TypeSH
Market value$24.01M
4.99%
Sole
83.70K
Shared
0.00
None
0.00
ROCKET LAB CORP
DFNDShares359.20K
TypeSH
Market value$23.07M
4.79%
Sole
359.20K
Shared
0.00
None
0.00
AGNICO EAGLE MINES LTD
DFNDShares100.07K
TypeSH
Market value$20.31M
4.22%
Sole
100.07K
Shared
0.00
None
0.00
CENTRUS ENERGY CORP CL A
DFNDShares109.86K
TypeSH
Market value$19.07M
3.96%
Sole
109.86K
Shared
0.00
None
0.00
PROSHARES TR ULTRAPRO SHORT
DFNDShares220.99K
TypeSH
Market value$17.79M
3.70%
Sole
220.99K
Shared
0.00
None
0.00
TRIP COM GROUP LTD ADS
DFNDShares325.92K
TypeSH
Market value$16.23M
3.37%
Sole
325.92K
Shared
0.00
None
0.00
LEMONADE INC
DFNDShares235.82K
TypeSH
Market value$14.78M
3.07%
Sole
235.82K
Shared
0.00
None
0.00
EXXON MOBIL CORP
DFNDShares79.65K
TypeSH
Market value$13.51M
2.81%
Sole
79.65K
Shared
0.00
None
0.00
UNITEDHEALTH GROUP INC
DFNDShares47.18K
TypeSH
Market value$12.77M
2.65%
Sole
47.18K
Shared
0.00
None
0.00
INTEL CORP
DFNDShares284.27K
TypeSH
Market value$12.54M
2.61%
Sole
284.27K
Shared
0.00
None
0.00
NOKIA CORP SPONSORED ADR
DFNDShares1.44M
TypeSH
Market value$11.55M
2.40%
Sole
1.44M
Shared
0.00
None
0.00
TAIWAN SEMICONDUCTOR MANUFACT SPONSORED ADS
DFNDShares27K
TypeSH
Market value$9.12M
1.90%
Sole
27K
Shared
0.00
None
0.00
CHENIERE ENERGY INC COM NEW
DFNDShares31.97K
TypeSH
Market value$9.07M
1.89%
Sole
31.97K
Shared
0.00
None
0.00
SO-YOUNG INTERNATIONAL-ADR
DFNDShares3.07M
TypeSH
Market value$8.38M
1.74%
Sole
3.07M
Shared
0.00
None
0.00
PARAMOUNT SKYDANCE CORP COM CL B
DFNDShares758.19K
TypeSH
Market value$6.84M
1.42%
Sole
758.19K
Shared
0.00
None
0.00
MP MATERIALS CORP COM CL A
DFNDShares129.38K
TypeSH
Market value$6.24M
1.30%
Sole
129.38K
Shared
0.00
None
0.00
EQT CORP
DFNDShares77.09K
TypeSH
Market value$4.91M
1.02%
Sole
77.09K
Shared
0.00
None
0.00
ENERGY TRANSFER L P COM UT LTD PTN
DFNDShares251.01K
TypeSH
Market value$4.84M
1.01%
Sole
251.01K
Shared
0.00
None
0.00
FULL TRUCK ALLIANCE CO LTD SPONSORED ADS
DFNDShares468.43K
TypeSH
Market value$3.89M
0.81%
Sole
468.43K
Shared
0.00
None
0.00
CONSTELLATION ENERGY CORP
DFNDShares12.51K
TypeSH
Market value$3.49M
0.73%
Sole
12.51K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
META PLATFORMS INC CL ADFND | CL A | 135K | SH | $77.24M 16.05% | 135K | 0.00 | 0.00 |
PROSHARES TR II ULTRA GOLDDFND | ULTRA GOLD | 697.74K | SH | $42.88M 8.91% | 697.74K | 0.00 | 0.00 |
PDD HOLDINGS INC SPONSORED ADSDFND | SPONSORED ADS | 340.23K | SH | $34.76M 7.23% | 340.23K | 0.00 | 0.00 |
FIGURE TECHNOLOGY SOLUTIO COM CL ADFND | COM CL A | 997.43K | SH | $33.86M 7.04% | 997.43K | 0.00 | 0.00 |
OCCIDENTAL PETE CORPDFND | COM | 514.70K | SH | $33.46M 6.95% | 514.70K | 0.00 | 0.00 |
ALPHABET INC CAP STK CL CDFND | CAP STK CL C | 83.70K | SH | $24.01M 4.99% | 83.70K | 0.00 | 0.00 |
ROCKET LAB CORPDFND | COM | 359.20K | SH | $23.07M 4.79% | 359.20K | 0.00 | 0.00 |
AGNICO EAGLE MINES LTDDFND | COM | 100.07K | SH | $20.31M 4.22% | 100.07K | 0.00 | 0.00 |
CENTRUS ENERGY CORP CL ADFND | CL A | 109.86K | SH | $19.07M 3.96% | 109.86K | 0.00 | 0.00 |
PROSHARES TR ULTRAPRO SHORTDFND | ULTRAPRO SHORT | 220.99K | SH | $17.79M 3.70% | 220.99K | 0.00 | 0.00 |
TRIP COM GROUP LTD ADSDFND | ADS | 325.92K | SH | $16.23M 3.37% | 325.92K | 0.00 | 0.00 |
LEMONADE INCDFND | COM | 235.82K | SH | $14.78M 3.07% | 235.82K | 0.00 | 0.00 |
EXXON MOBIL CORPDFND | COM | 79.65K | SH | $13.51M 2.81% | 79.65K | 0.00 | 0.00 |
UNITEDHEALTH GROUP INCDFND | COM | 47.18K | SH | $12.77M 2.65% | 47.18K | 0.00 | 0.00 |
INTEL CORPDFND | COM | 284.27K | SH | $12.54M 2.61% | 284.27K | 0.00 | 0.00 |
NOKIA CORP SPONSORED ADRDFND | SPONSORED ADR | 1.44M | SH | $11.55M 2.40% | 1.44M | 0.00 | 0.00 |
TAIWAN SEMICONDUCTOR MANUFACT SPONSORED ADSDFND | SPONSORED ADS | 27K | SH | $9.12M 1.90% | 27K | 0.00 | 0.00 |
CHENIERE ENERGY INC COM NEWDFND | COM NEW | 31.97K | SH | $9.07M 1.89% | 31.97K | 0.00 | 0.00 |
SO-YOUNG INTERNATIONAL-ADRDFND | SPONSORED ADS | 3.07M | SH | $8.38M 1.74% | 3.07M | 0.00 | 0.00 |
PARAMOUNT SKYDANCE CORP COM CL BDFND | COM CL B | 758.19K | SH | $6.84M 1.42% | 758.19K | 0.00 | 0.00 |
MP MATERIALS CORP COM CL ADFND | COM CL A | 129.38K | SH | $6.24M 1.30% | 129.38K | 0.00 | 0.00 |
EQT CORPDFND | COM | 77.09K | SH | $4.91M 1.02% | 77.09K | 0.00 | 0.00 |
ENERGY TRANSFER L P COM UT LTD PTNDFND | COM UT LTD PTN | 251.01K | SH | $4.84M 1.01% | 251.01K | 0.00 | 0.00 |
FULL TRUCK ALLIANCE CO LTD SPONSORED ADSDFND | SPONSORED ADS | 468.43K | SH | $3.89M 0.81% | 468.43K | 0.00 | 0.00 |
CONSTELLATION ENERGY CORPDFND | COM | 12.51K | SH | $3.49M 0.73% | 12.51K | 0.00 | 0.00 |
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