Technology Crossover Management XI, Ltd. — 13F Holdings & Portfolio

CIK 1977402 · latest 13F-HR filed 2026-08-07

Technology Crossover Management XI, Ltd. manages $532.8M in 13F-reported U.S. long-equity assets across 2 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are SPOT (86.17%), Z (13.83%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 0 new positions, exited 0, added to 0, and trimmed 2.

AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.

Filer Information
Address
C/O TCV
250 MIDDLEFIELD ROAD
MENLO PARK, CA 94025
Phone
(650) 614-8200
Filing Manager
Technology Crossover Management XI, Ltd.
MENLO PARK, CA
Signatory
Frederic D. Fenton
Authorized Signatory
Loading holdings…
AUM

$532.8M

Long-equity book

Holdings

2

Distinct positions

Period

2026-06-30

Filed 2026-08-07

Q/Q Activity

+0 / −0 / ↑0 / ↓2

vs 2026-03-31

Firm Profile & Key People
Name Title / Status Ownership Type

Top Adds (vs prior quarter)

  • No increased positions.
Show all 0

Top Trims

  • Spotify Technologies, S.A.-$25.8M -5.3%
  • Zillow Group, Inc.-$23.1M -23.8%
Show all 2

New Positions

  • No new positions this quarter.
Show all 0

Exited Positions

  • No exits this quarter.
Show all 0
All Holdings

Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).

# Issuer Symbol CUSIP Value Weight Shares Type
1 Spotify Technologies, S.A. SPOT L8681T102 $459.1M 86.17% 1,000,000 SH
2 Zillow Group, Inc. Z 98954M200 $73.7M 13.83% 2,338,036 SH
Filing History
Period Filed AUM Holdings Accession
2026-06-30 2026-08-07 $532.8M 2 0001104659-26-092694
2026-03-31 2026-05-08 $581.7M 2 0001104659-26-057893
2025-12-31 2026-02-06 $740.2M 2 0001104659-26-011497