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
+20.29%
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
$4.06B
AUM Growth
+$773M
(+24%)
Cap. Flow
+$238M
Cap. Flow
% of AUM
5.85%
Top 10 Holdings %
Top 10 Hldgs %
56.84%
Holding
33
New
12
Increased
4
Reduced
10
Closed
4
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Microsoft
MSFT
|
+$228M |
| 2 |
United Parcel Service
UPS
|
+$178M |
| 3 |
StoneCo
STNE
|
+$160M |
| 4 |
Shopify
SHOP
|
+$149M |
| 5 |
Twilio
TWLO
|
+$143M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Netflix
NFLX
|
+$178M |
| 2 |
FTCH
Farfetch Limited Class A Ordinary Shares
FTCH
|
+$162M |
| 3 |
XYZ
Block Inc
XYZ
|
+$148M |
| 4 |
RTX Corp
RTX
|
+$130M |
| 5 |
Mercado Libre
MELI
|
+$117M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 29.57% |
| 2 | Consumer Discretionary | 25.99% |
| 3 | Financials | 21.4% |
| 4 | Industrials | 9.95% |
| 5 | Communication Services | 8.95% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
DFS
1
DELISTED
Discover Financial Services
DFS
| $291M | 7.16% |
5,031,766
+1,064,210
| +27% | +$55.7M |
|
2
Sea Limited
SE
$61.2B
| $249M | 6.13% |
1,614,939
-325,500
| -17% | -$43.9M |
|
3
ServiceNow
NOW
$102B
| $247M | 6.08% |
2,543,250
-80,620
| -3% | -$7.2M |
|
|
4
Mercado Libre
MELI
$91.3B
| $233M | 5.73% |
214,828
-107,400
| -33% | -$117M |
|
|
5
Microsoft
MSFT
$2.84T
| $228M | 5.62% |
+1,084,900
| New | +$228M |
|
6
American Express
AXP
$223B
| $224M | 5.51% |
2,233,272
+57,040
| +3% | +$5.61M |
|
7
Match Group
MTCH
$8.84B
| $221M | 5.44% |
1,995,043
-555,160
| -22% | -$58.8M |
|
8
Visa
V
$677B
| $212M | 5.23% |
1,061,500
+379,000
| +56% | +$75.7M |
|
|
9
United Parcel Service
UPS
$97.6B
| $204M | 5.02% |
+1,222,413
| New | +$178M |
|
|
FTCH
10
DELISTED
Farfetch Limited Class A Ordinary Shares
FTCH
| $200M | 4.93% |
7,961,642
-6,516,506
| -45% | -$162M |
|
|
11
StoneCo
STNE
$2.62B
| $177M | 4.35% |
+3,342,343
| New | +$160M |
|
12
Amazon
AMZN
$2.5T
| $173M | 4.27% |
1,101,540
+48,480
| +5% | +$7.64M |
|
|
13
Shopify
SHOP
$148B
| $153M | 3.77% |
+1,495,000
| New | +$149M |
|
|
XYZ
14
Block Inc
XYZ
$45.9B
| $152M | 3.75% |
937,588
-1,050,100
| -53% | -$148M |
|
|
15
Twilio
TWLO
$29.1B
| $143M | 3.52% |
+579,000
| New | +$143M |
|
16
Meta Platforms (Facebook)
META
$1.51T
| $142M | 3.51% |
+543,900
| New | +$140M |
|
17
PayPal
PYPL
$49.5B
| $142M | 3.5% |
720,616
-102,000
| -12% | -$19.2M |
|
18
Planet Fitness
PLNT
$4.23B
| $112M | 2.77% |
1,824,755
-362,294
| -17% | -$20.8M |
|
19
Chewy
CHWY
$8.54B
| $91.3M | 2.25% |
1,664,931
-1,196,184
| -42% | -$64.5M |
|
20
Zentalis Pharmaceuticals
ZNTL
$308M
| $87.1M | 2.15% |
2,664,409
| – | – |
|
21
DraftKings
DKNG
$11.4B
| $74.9M | 1.84% |
+1,272,700
| New | +$49.5M |
|
22
Atlassian
TEAM
$22B
| $69.3M | 1.71% |
381,048
-303,000
| -44% | -$54M |
|
23
Melco Resorts & Entertainment
MLCO
$2.1B
| $68.3M | 1.68% |
+4,104,793
| New | +$72.7M |
|
24
PENN Entertainment
PENN
$2.74B
| $53.5M | 1.32% |
+735,800
| New | +$36.1M |
|
|
BCYC
25
Bicycle Therapeutics
BCYC
$270M
| $37.3M | 0.92% |
1,957,961
| – | – |
|
Similar funds
VM
VVA
NC
PIM
BCA
NCPI
RE
AECF
Tybourne Capital Management's Q3 2020 Portfolio in Review
As of Q3 2020, Tybourne Capital Management held 33 positions worth $4.06B, up 24% from $3.29B the previous quarter. Its ten largest holdings account for 57% of the portfolio.
Tybourne Capital Management deployed $238M of net new capital in Q3 2020, opening 12 new positions and adding to 4 existing holdings. Its largest new stake was Microsoft: 1,084,900 shares worth $228M.
By sector, the portfolio is most concentrated in Technology at 30% of assets, up from 19% a quarter earlier, followed by Consumer Discretionary and Financials.
On the sell side, the largest reduction was Farfetch Limited Class A Ordinary Shares, an estimated $162M trimmed.
- Tybourne Capital Management's largest Q3 2020 buy was Microsoft: 1,084,900 shares worth $228M.
- Tybourne Capital Management added most to Visa in Q3 2020, an estimated $75.7M increase.
- Tybourne Capital Management's biggest Q3 2020 reduction was Farfetch Limited Class A Ordinary Shares, cutting an estimated $162M.
- Tybourne Capital Management fully exited Netflix in Q3 2020, selling an estimated $178M.
- Tybourne Capital Management's ten largest holdings make up 57% of its $4.06B portfolio in Q3 2020.
- Tybourne Capital Management opened 12 new positions and closed 4 in Q3 2020.
- Tybourne Capital Management's portfolio value rose 24% quarter-over-quarter to $4.06B.
Based on Tybourne Capital Management's 13F filing for Q3 2020, filed 9 Nov 2020.