Filed: 11/12/2025ACC: 0001104659-25-110329
📋 What this filing means
TECHNOLOGY CROSSOVER MANAGEMENT XI, LTD. filed this quarterly 13F‑HR report disclosing 3 equity positions with a total reported market value of $977.40M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
3
Positions
$977.40M
Total AUM (reported)
6.04M
Total Shares
Allocation by class
COMMON$797.25M81.6%
CAPITAL *$180.15M18.4%
Portfolio Concentration
Top 3$977.40M100.0%
Top 3 weight
100.0%
Top 10 weight
100.0%
Voting Authority Distribution
Total shares with voting rights: 6.04M
Sole
Full voting authority
6.04M
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)
Sole3
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings3
Rows:
Spotify Technologies, S.A.
SOLEShares1M
TypeSH
Market value$698.00M
71.41%
Sole
1M
Shared
0.00
None
0.00
Zillow Group, Inc.
SOLEShares2.34M
TypeSH
Market value$180.15M
18.43%
Sole
2.34M
Shared
0.00
None
0.00
Maplebear Inc.
SOLEShares2.70M
TypeSH
Market value$99.25M
10.15%
Sole
2.70M
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
Spotify Technologies, S.A.SOLE | Common | 1M | SH | $698.00M 71.41% | 1M | 0.00 | 0.00 |
Zillow Group, Inc.SOLE | Capital * | 2.34M | SH | $180.15M 18.43% | 2.34M | 0.00 | 0.00 |
Maplebear Inc.SOLE | Common | 2.70M | SH | $99.25M 10.15% | 2.70M | 0.00 | 0.00 |