We are live on
!
Find out more
TCM
Tybourne Capital Management Portfolio holdings
AUM
$30.9M
1-Year Est. Return
20.1%
This Fund
S&P 500
This Quarter
Est. Return
-11.35%
1 Year Est. Return
+20.1%
3 Year Est. Return
+108.99%
5 Year Est. Return
+80.28%
10 Year Est. Return
+751.59%
AUM
$2.3B
AUM Growth
-$512M
(-18%)
Cap. Flow
-$163M
Cap. Flow
% of AUM
-7.1%
Top 10 Holdings %
Top 10 Hldgs %
98.34%
Holding
15
New
2
Increased
6
Reduced
2
Closed
3
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Twilio
TWLO
|
+$127M |
| 2 |
Salesforce
CRM
|
+$104M |
| 3 |
FTCH
Farfetch Limited Class A Ordinary Shares
FTCH
|
+$98.2M |
| 4 |
Mercado Libre
MELI
|
+$80.7M |
| 5 |
Etsy
ETSY
|
+$46.5M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Trip.com Group
TCOM
|
+$273M |
| 2 |
Monster Beverage
MNST
|
+$199M |
| 3 |
Atlassian
TEAM
|
+$94.6M |
| 4 |
Intuitive Surgical
ISRG
|
+$66.6M |
| 5 |
Snap
SNAP
|
+$53.6M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 41.5% |
| 2 | Consumer Discretionary | 29.96% |
| 3 | Consumer Staples | 13.44% |
| 4 | Communication Services | 7.63% |
| 5 | Industrials | 5.82% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Salesforce
CRM
$129B
| $363M | 15.78% |
2,446,771
+687,200
| +39% | +$104M |
|
|
2
Mercado Libre
MELI
$91.2B
| $347M | 15.1% |
630,373
+133,100
| +27% | +$80.7M |
|
|
3
Twilio
TWLO
$28.1B
| $328M | 14.24% |
2,980,584
+982,421
| +49% | +$127M |
|
4
TAL Education Group
TAL
$5.74B
| $309M | 13.44% |
9,030,751
+1,000,000
| +12% | +$34.8M |
|
5
Amazon
AMZN
$2.51T
| $297M | 12.92% |
3,425,060
+168,000
| +5% | +$15.6M |
|
|
6
Snap
SNAP
$7.42B
| $176M | 7.63% |
11,108,898
-3,344,963
| -23% | -$53.6M |
|
|
7
Atlassian
TEAM
$20.3B
| $173M | 7.51% |
1,376,971
-694,362
| -34% | -$94.6M |
|
|
FTCH
8
DELISTED
Farfetch Limited Class A Ordinary Shares
FTCH
| $134M | 5.82% |
15,488,576
+6,847,096
| +79% | +$98.2M |
|
9
Uber
UBER
$140B
| $91.5M | 3.97% |
3,001,420
| – | – |
|
|
10
Etsy
ETSY
$7.68B
| $44.7M | 1.94% |
+791,231
| New | +$46.5M |
|
|
BCYC
11
Bicycle Therapeutics
BCYC
$290M
| $22.3M | 0.97% |
1,957,961
| – | – |
|
12
Exicure
XCUR
$10.9M
| $15.8M | 0.69% |
+41,667
| New | +$15.9M |
|
|
13
Intuitive Surgical
ISRG
$119B
| – | – |
-381,135
| Closed | -$66.6M |
|
|
14
Monster Beverage
MNST
$91.5B
| – | – |
-6,246,430
| Closed | -$199M |
|
|
15
Trip.com Group
TCOM
$27.1B
| – | – |
-7,393,045
| Closed | -$273M |
|
Similar funds
VM
VVA
NC
PIM
BCA
NCPI
RE
AECF
Tybourne Capital Management's Q3 2019 Portfolio in Review
As of Q3 2019, Tybourne Capital Management held 15 positions worth $2.3B, down 18% from $2.81B the previous quarter. Its ten largest holdings account for 98% of the portfolio.
Tybourne Capital Management withdrew a net $163M in Q3 2019, closing 3 positions and reducing 2 holdings. Its most notable exit was Trip.com Group, an estimated $273M position sold in full.
By sector, the portfolio is most concentrated in Technology at 42% of assets, up from 34% a quarter earlier, followed by Consumer Discretionary and Consumer Staples.
Against the trend, Tybourne Capital Management opened a new position in Etsy worth $44.7M.
- Tybourne Capital Management's largest Q3 2019 buy was Etsy: 791,231 shares worth $44.7M.
- Tybourne Capital Management added most to Twilio in Q3 2019, an estimated $127M increase.
- Tybourne Capital Management's biggest Q3 2019 reduction was Atlassian, cutting an estimated $94.6M.
- Tybourne Capital Management fully exited Trip.com Group in Q3 2019, selling an estimated $273M.
- Tybourne Capital Management's ten largest holdings make up 98% of its $2.3B portfolio in Q3 2019.
- Tybourne Capital Management opened 2 new positions and closed 3 in Q3 2019.
- Tybourne Capital Management's portfolio value fell 18% quarter-over-quarter to $2.3B.
Based on Tybourne Capital Management's 13F filing for Q3 2019, filed 14 Nov 2019.