Tenzing Global Management, LLC

CIK 1624095 · View on SEC EDGAR ↗

Portfolio value QoQ: +79.6% 13F does not disclose cash

Top 10 holdings weight88.50%

Top 25 holdings weight100.00%

Positions above 1%17

Effective number of positions4.4

Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)

Turnover Q2 2026: 36.38% Est. buys $146,961,100 · sells $61,299,375

Median holding: 1.5 quarters Tracked Q1 2025–Q2 2026 · 38.0% still held

New positions9

Increased2

Decreased8

Closed4

Put-notional exposure: 45.1% puts 13F reports option positions at underlying notional value — may include hedges, not necessarily bearish bets

Portfolio value $216.5M #6,249 of 9,337 by 13F value · top 66.9%

Positions 19

As of June 30, 2026 Data as of Q2 2026

Performance vs S&P 500

Tracked Q1 2025–Q2 2026 +33.6%

S&P 500 total return (same window) +37.0%

Excess return -3.4%

Annualized: +26.1% · S&P 500: +28.7%

Approximates a buy-and-hold portfolio built from quarterly SEC 13F snapshots. Excludes cash, short positions, options/derivatives, and non-13(f) securities — reflects the disclosed long-equity book only, not total fund AUM. SEC filing lag is up to 45 days; this is not a real-time-copyable timing.

Priceable coverage: 99.5% · Options excluded: 13.0%

Sector breakdown

Communication Services 22.5%

Technology 11.3%

Industrials 6.8%

Consumer products 6.1%

Retail 3.3%

Consumer Discretionary 2.0%

Financials 1.7%

Health Care 1.1%

Other/Unmapped 45.1%

Full portfolio 19 positions

				Type		Streak
IWM iShares Russell 2000 Index Fund	$97,646,250	45.11%	325,000	Put option
META Meta Platforms, Inc. - Class A Common Stock	$14,082,250	6.51%	25,000		$-10,233,275	Down ×1
HLF Herbalife Ltd. Common Shares	$13,150,000	6.08%	1,000,000		$-2,306,000	Down ×2
UBER Uber Technologies, Inc. Common Stock	$12,628,000	5.83%	175,000		$-1,218,525	Down ×1
NVDA NVIDIA Corporation - Common Stock	$12,505,625	5.78%	62,500			Up ×1
NFLX Netflix, Inc. - Common Stock	$11,602,500	5.36%	162,500		$-416,250	Up ×3
TSM Taiwan Semiconductor Manufacturing Company Ltd.	$8,357,475	3.86%	17,500		$-5,160,525	Down ×1
EVC Entravision Communications Corporation Common Stock	$7,498,000	3.46%	575,000			Up ×1
CART Maplebear Inc. - Common Stock	$7,102,500	3.28%	150,000			Up ×1
NTGR NETGEAR, Inc. - Common Stock	$7,005,000	3.24%	300,000		$4,821,000	Up ×1
RDDT Reddit, Inc. Class A Common Stock	$3,905,550	1.80%	22,500			Up ×1
DAVE Dave Inc. - Class A Common Stock	$3,725,900	1.72%	10,000		$-3,237,700	Down ×1
WOLF Wolfspeed, Inc. Common Stock New	$3,618,750	1.67%	75,000			Up ×1
BIDU Baidu, Inc. - American Depositary Shares, each representing 8 ordinary share	$2,857,250	1.32%	25,000			Up ×1
PRE Prenetics Global Limited - Class A Ordinary Share	$2,390,000	1.10%	125,000		$-1,474,000	Down ×1
LULU lululemon athletica inc. - Common Stock	$2,283,600	1.05%	20,000
GNRC Generac Holdlings Inc. Common Stock	$2,196,075	1.01%	7,500
FOXF Fox Factory Holding Corp. - Common Stock	$2,118,125	0.98%	125,000		$-1,585,375	Down ×3
GOOGL Alphabet Inc. - Class A Common Stock	$1,786,850	0.83%	5,000		$-4,683,250	Down ×2
No matches

Conviction holdings

Positions increased for 3+ consecutive quarters.

Share counts are as reported in 13F filings (not split-adjusted)

Security	Value	% of portfolio	Streak
NFLX	$11,602,500	5.36%	up ×3

Biggest new bets

New positions opened this quarter, largest first.

Security	Value	Shares	% of portfolio
IWM	$97,646,250	325,000	45.11%
NVDA	$12,505,625	62,500	5.78%
EVC	$7,498,000	575,000	3.46%
CART	$7,102,500	150,000	3.28%
RDDT	$3,905,550	22,500	1.80%
WOLF	$3,618,750	75,000	1.67%
BIDU	$2,857,250	25,000	1.32%
LULU	$2,283,600	20,000	1.05%
GNRC	$2,196,075	7,500	1.01%

Top movers (QoQ)

Security	Action	Shares Δ	Value Δ
META	Trimmed	-18K	-$10.2M
TSM	Trimmed	-22K	-$5.2M
NTGR	Bought more	+200K	+$4.8M
GOOGL	Trimmed	-18K	-$4.7M
DAVE	Trimmed	-30K	-$3.2M
HLF	Trimmed	-50K	-$2.3M
FOXF	Trimmed	-100K	-$1.6M
PRE	Trimmed	-75K	-$1.5M
UBER	Trimmed	-18K	-$1.2M
NFLX	Bought more	+38K	-$416K

Exited positions

Includes corporate events (mergers, delistings) — not all exits are sells

Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.

Security	Quarter	Shares before	Value before	Price since exit
IWM	March 31, 2026	200,000	$49,232,000	14.3%
YEXT	Dec. 31, 2025	1,150,000	$9,798,000	-17.9%
UBER	June 30, 2025	112,500	$8,196,750	-25.5%
AMAT	Dec. 31, 2025	40,000	$8,189,600	111.0%
SIG	Dec. 31, 2025	80,000	$7,673,600	21.7%
URBN	March 31, 2026	100,000	$7,526,000	28.8%
AEO	Dec. 31, 2025	437,500	$7,485,625	-31.3%
FSLY	June 30, 2026	250,000	$7,265,000	41.7%
YELP	June 30, 2025	175,000	$6,480,250	-46.0%
GNRC	March 31, 2026	45,000	$6,136,650	10.2%
LULU	Dec. 31, 2025	32,500	$5,782,725	-55.2%
UNH	Sept. 30, 2025	17,500	$5,459,475	9.6%
NXT	June 30, 2026	40,000	$4,822,000	-30.4%
PTON	Dec. 31, 2025	525,000	$4,725,000	-18.7%
ANF	June 30, 2025	57,500	$4,391,275	70.7%
TXRH	Sept. 30, 2025	22,500	$4,216,725	-4.3%
FISV	Dec. 31, 2025	30,000	$3,867,900	-31.3%
BIRD	Sept. 30, 2025	353,919	$3,762,159	-39.9%
META	Dec. 31, 2025	5,000	$3,671,900	12.4%
VOXX	June 30, 2025	475,000	$3,562,500	No longer tracked
ONON	March 31, 2026	75,000	$3,486,000	-6.3%
ENPH	Sept. 30, 2025	87,500	$3,469,375	-5.5%
XPEL	June 30, 2026	75,000	$3,319,500	-9.3%
TPR	Dec. 31, 2025	27,500	$3,113,550	-8.5%
CHYM	June 30, 2026	150,000	$2,809,500	38.1%
HIPO	June 30, 2025	100,000	$2,556,000	15.3%
DLTH	Dec. 31, 2025	600,000	$2,346,000	97.1%
TYGO	March 31, 2026	1,562,950	$2,156,871	-77.1%
APPS	Dec. 31, 2025	325,000	$2,080,000	124.2%
CMCSA	June 30, 2025	50,000	$1,845,000	-39.6%
YELP	March 31, 2026	60,000	$1,823,400	-25.2%
GOGO	March 31, 2026	350,000	$1,631,000	-46.8%
KODK	June 30, 2025	250,000	$1,580,000	77.5%
VSAT	Sept. 30, 2025	100,000	$1,460,000	138.2%
SN	June 30, 2025	17,500	$1,459,675	84.6%
YETI	June 30, 2025	25,000	$827,500	28.6%
UPWK	June 30, 2025	50,000	$652,500	-37.8%