TFJ Management, LLC — 13F Holdings & Portfolio
CIK 2056069 · latest 13F-HR filed 2026-08-14
TFJ Management, LLC manages $206.1M in 13F-reported U.S. long-equity assets across 12 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are EWY (20.67%), APP (16.10%), OPLN (15.73%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 2 new positions and exited 4; 5 existing positions rose in reported value and 0 fell.
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.
Long-equity book
Distinct positions
Filed 2026-08-14
vs 2026-03-31
Portfolio charts
Latest quarter's book, what changed, and how the portfolio has evolved across filings.
Portfolio map
Q2 26Box size = position value; colour = change in share count vs the prior quarter (green added, red trimmed, blue new). Rows split across managers or share classes are combined. Click a box for the stock.
Sector mix
% of 13F valueSectors from each company's SIC code; funds and ETFs grouped separately.
Biggest buys and sells
Q1 26 → Q2 26Estimated from the change in shares held × the quarter-end price, so price moves alone don't count as buying. New and exited positions are included.
13F assets and positions
4 quartersTotal reported 13F value (bars) and number of positions (line) each quarter. Value changes include market moves.
Top positions over time
reported valueThe eight largest current positions, valued at each quarter end.
Concentration
top 10 = 100%Cumulative share of the portfolio held in the largest N positions.
As of the firm’s regulatory filing dated Mar 31, 2026.
SECOND FLOOR
SOMERVILLE, MA 02144
| Name | Title / Status | Ownership | Type |
|---|---|---|---|
| FISHER, ADAM, MARC Control | MANAGING MEMBER, CCO since Jan 2021 | 50–75% | Individual |
| Fisher, Matthew, Lawrence Control | MANAGING MEMBER since Jan 2021 | 50–75% | Individual |
Ownership & leadership changes · 1 filing with changes since Feb 24, 2021
From the firm’s regulatory filings, newest first. Dates are filing dates: a filing that no longer lists someone does not say when they left.
- ChangedFISHER, ADAM, MARC · title MANAGING PARTNER, CCO → MANAGING MEMBER, CCO
- ChangedFisher, Matthew, Lawrence · title MANAGING PARTNER → MANAGING MEMBER
- ListedFISHER, ADAM, MARC · MANAGING PARTNER, CCO · 50–75% · control person
- ListedFisher, Matthew, Lawrence · MANAGING PARTNER · 50–75% · control person
Quarter-over-quarter changes
Changes in reported position value vs the prior 13F, so price moves count too, not just shares bought or sold.
Top Adds (vs prior quarter)
- OPENLANE INC$9.5M +41.5%
- APPLOVIN CORP$8.2M +32.6%
- TOAST INC$8.1M +482.9%
- SAILPOINT INC$2.8M +73.0%
- GITLAB INC$1.5M +11.1%
Exited Positions
- APPFOLIO INC$8.2M
- RISKIFIED LTD$2.1M
- FIGMA INC$1.4M
- ACV AUCTIONS INC$674.6K
TFJ Management, LLC Holdings (2026-06-30)
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 | ISHARES INC Put | EWY | 464286772 | $42.6M | 20.67% | 211,000 | SH |
| 2 | APPLOVIN CORP | APP | 03831W108 | $33.2M | 16.10% | 64,420 | SH |
| 3 | OPENLANE INC | OPLN | 48238T109 | $32.4M | 15.73% | 786,153 | SH |
| 4 | WISE GROUP PLC | WSE | G9723Y105 | $26.9M | 13.05% | 2,259,114 | SH |
| 5 | COUPANG INC | CPNG | 22266T109 | $18.9M | 9.16% | 1,086,770 | SH |
| 6 | GITLAB INC | GTLB | 37637K108 | $14.6M | 7.07% | 477,631 | SH |
| 7 | COUPANG INC Call | CPNG | 22266T109 | $10.1M | 4.88% | 579,600 | SH |
| 8 | TOAST INC | TOST | 888787108 | $9.8M | 4.73% | 350,565 | SH |
| 9 | SAILPOINT INC | SAIL | 78781J109 | $6.7M | 3.26% | 459,627 | SH |
| 10 | SAMSARA INC | IOT | 79589L106 | $4.2M | 2.04% | 129,786 | SH |
| 11 | TRADEWEB MKTS INC | TW | 892672106 | $3.9M | 1.89% | 39,092 | SH |
| 12 | CLARIVATE PLC | CLVT | G21810109 | $2.9M | 1.40% | 1,332,798 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-06-30 | 2026-08-14 | $206.1M | 12 | 0002056069-26-000003 |
| 2026-03-31 | 2026-05-15 | $141.4M | 14 | 0002056069-26-000002 |
| 2025-12-31 | 2026-02-17 | $138.9M | 10 | 0002056069-26-000001 |
| 2025-09-30 | 2025-11-13 | $148.4M | 10 | 0002056069-25-000006 |
SECOND FLOOR
SOMERVILLE, MA 02144