TB Alternative Assets Ltd.

All Holdings — 2025 Q4

Portfolio Concentration Analytics: 7.6
Risk-based ENB:
Total Positions
65
Quarter
2025 Q4
Top Holding
META (18.7%)
Top 10 Concentration
75.6%
Turnover Rate
23.4%
Sector HHI
0.18
Items per page:
1-25 of 65
Stock History Sector / Type Port % Prev % Rank / Prev Conviction Change % Change Influence Shares Mkt Value Avg Cost Price Held 1st Owned Source Source Date Date Reported
META
META PLATFORMS ...
Communication Services 18.72% 11.52% #1
Prev: #1
9.7 68,380 65.2%
P
S
173,186 $114,318,347 2017 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
GOOG
ALPHABET INC CA...
Communication Services 16.07% 8.76% #2
Prev: #2
8.5 72,400 30.1%
P
S
312,831 $98,166,368 2017 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
INTC
INTEL CORP
Technology 7.47% 7.67% #3
Prev: #3
3.0 -291,206 -19.1%
P
S
1,236,692 $45,633,935 2021 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
AEM
AGNICO EAGLE MI...
Basic Materials 6.37% 4.32% #4 7
Prev: #11
4.7 58,490 34.2%
P
S
229,630 $38,929,174 2024 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
PDD
PDD HOLDINGS IN...
Consumer Cyclical 6.32% 6.84% #5 1
Prev: #4
2.5 -5,660 -1.6%
P
S
340,228 $38,578,453 2018 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
SQQQ
PROSHARES TR UL...
Unknown 5.08% 1.26% #6 13
Prev: #19
2.1 -97,880 -17.8%
P
S
453,250 $31,047,625 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
FIGR
FIGURE TECHNOLO...
Financial Services 4.56% #7
Prev: #—
3.8 681,668 no change
NEW
681,668 $27,839,321 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
Z
ZILLOW GROUP IN...
Communication Services 4.09% 4.69% #8 1
Prev: #9
1.7 -40,846 -10.0%
P
S
366,272 $24,987,076 2018 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
LEU
CENTRUS ENERGY ...
Energy 3.62% 4.36% #9 1
Prev: #10
1.5 -2,916 -3.1%
P
S
90,972 $22,084,363 2024 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
MSTR
STRATEGY INC CL...
Technology 3.30% 6.07% #10 5
Prev: #5
3.3 6,801 5.4%
P
S
132,801 $20,179,112 2024 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
DHI
D R HORTON INC
Consumer Cyclical 3.27% 1.73% #11 6
Prev: #17
3.6 70,314 102.9%
P
S
138,614 $19,964,574 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
AAPL
APPLE INC
Technology 3.21% #12
Prev: #—
3.3 72,024 no change
NEW
72,024 $19,580,445 2018 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
NVO
NOVO-NORDISK A ...
Healthcare 2.22% #13
Prev: #—
2.9 266,165 no change
NEW
266,165 $13,542,475 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
SNOW
SNOWFLAKE INC C...
Technology 1.64% #14
Prev: #—
2.7 45,768 no change
NEW
45,768 $10,039,668 2022 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
CEG
CONSTELLATION E...
Utilities 1.58% 3.43% #15 2
Prev: #13
0.8 -42,364 -60.9%
P
S
27,242 $9,623,781 2024 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
MP
MP MATERIALS CO...
Basic Materials 1.49% 0.07% #16 26
Prev: #42
2.9 172,686 2398.4%
P
S
179,886 $9,087,841 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
SY
SO-YOUNG INTERN...
Healthcare 1.29% 1.78% #17 2
Prev: #15
0.5 no change no change
P
S
3,067,873 $7,853,755 2019 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
TCOM
TRIP COM GROUP ...
Consumer Cyclical 1.06% 1.12% #18 3
Prev: #21
0.5 -8,990 -9.1%
P
S
90,320 $6,494,911 2020 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
AVGO
BROADCOM INC
Technology 0.91% #19
Prev: #—
2.4 16,120 no change
NEW
16,120 $5,579,132 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
RKLB
ROCKET LAB CORP
Industrials 0.89% 3.72% #20 8
Prev: #12
0.6 -441,035 -84.9%
P
S
78,200 $5,455,232 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
PSKY
PARAMOUNT SKYDA...
Communication Services 0.85% 1.10% #21 1
Prev: #22
0.3 no change no change
P
S
389,191 $5,215,159 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
YMM
FULL TRUCK ALLI...
Technology 0.82% 1.00% #22 1
Prev: #23
0.4 -46,620 -9.1%
P
S
468,434 $5,026,297 2023 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
TAL
TAL EDUCATION G...
Consumer Defensive 0.72% 0.74% #23 2
Prev: #25
0.3 -39,890 -9.1%
P
S
400,810 $4,372,837 2013 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
TSLA
TESLA INC
Consumer Cyclical 0.63% 4.88% #24 16
Prev: #8
0.5 -64,809 -88.4%
P
S
8,508 $3,826,218 2017 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
TSM
TAIWAN SEMICOND...
Technology 0.48% #25
Prev: #—
2.2 9,600 no change
NEW
9,600 $2,917,344 2024 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
COIN
COINBASE GLOBAL...
Financial Services 0.00% 5.76%
Sold All 😨
(Was: #6)
0.3 -114,051 -100.0%
CLOSED
$— 2022 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
HOOD
ROBINHOOD MKTS ...
Financial Services 0.00% 5.18%
Sold All 😨
(Was: #7)
0.3 -241,680 -100.0%
CLOSED
$— 2022 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
MRNA
MODERNA INC
Healthcare 0.00% 2.55%
Sold All 😨
(Was: #14)
0.3 -658,881 -100.0%
CLOSED
$— 2024 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
NBIS
NEBIUS GROUP N....
Communication Services 0.00% 1.77%
Sold All 😨
(Was: #16)
0.3 -105,505 -100.0%
CLOSED
$— 2025 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
DUOL
DUOLINGO INC CL...
Technology 0.00% 1.73%
Sold All 😨
(Was: #18)
0.3 -35,961 -100.0%
CLOSED
$— 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
GBTC
GRAYSCALE BITCO...
ETF 0.00% 1.15%
Sold All 😨
(Was: #20)
0.3 -85,657 -100.0%
CLOSED
$— 2024 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
ORCL
ORACLE CORP
Technology 0.00% 0.83%
Sold All 😨
(Was: #24)
0.3 -19,616 -100.0%
CLOSED
$— 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
ZTO
ZTO EXPRESS CAY...
Industrials 0.00% 0.73%
Sold All 😨
(Was: #26)
0.3 -254,948 -100.0%
CLOSED
$— 2018 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
REGN
REGENERON PHARM...
Healthcare 0.00% 0.73%
Sold All 😨
(Was: #27)
0.3 -8,652 -100.0%
CLOSED
$— 2025 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
SRAD
SPORTRADAR GROU...
Technology 0.00% 0.61%
Sold All 😨
(Was: #29)
0.3 -152,682 -100.0%
CLOSED
$— 2025 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
NVDL
GRANITESHARES E...
ETF 0.00% 0.48%
Sold All 😨
(Was: #30)
0.3 -34,000 -100.0%
CLOSED
$— 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
NTES
NETEASE INC SPO...
Communication Services 0.00% 0.45%
Sold All 😨
(Was: #31)
0.3 -19,895 -100.0%
CLOSED
$— 2012 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
UNH
UNITEDHEALTH GR...
Healthcare 0.00% 0.42%
Sold All 😨
(Was: #32)
0.3 -8,163 -100.0%
CLOSED
$— 2025 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
BILI
BILIBILI INC SP...
Communication Services 0.00% 0.39%
Sold All 😨
(Was: #33)
0.3 -92,683 -100.0%
CLOSED
$— 2018 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
EBAY
EBAY INC.
Consumer Cyclical 0.00% 0.23%
Sold All 😨
(Was: #36)
0.3 -16,776 -100.0%
CLOSED
$— 2025 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
Showing 1-25 of 65 holdings

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