TB Alternative Assets Ltd. Q4 2025 Filing

Filed January 16, 2026

Portfolio Value

$610.8M

Holdings

50

Report Date

Q4 2025

Filing Type

13F-HR

All Holdings (50 positions)

#StockSharesValue% PortfolioType
1
METAMETA PLATFORMS INC CL A
173,186$114.3M18.72%
2
GOOGALPHABET INC CAP STK CL C
312,831$98.2M16.07%
3
INTCINTEL CORP
1,236,692$45.6M7.47%
4
AEMAGNICO EAGLE MINES LTD
229,630$38.9M6.37%
5
PDDPDD HOLDINGS INC SPONSORED ADS
340,228$38.6M6.32%
6
SQQQPROSHARES TR ULTRAPRO SHORT
453,250$31.0M5.08%
7
FIGRFIGURE TECHNOLOGY SOLUTIO COM CL A
681,668$27.8M4.56%
8
ZZILLOW GROUP INC CL C CAP STK
366,272$25.0M4.09%
9
LEUCENTRUS ENERGY CORP CL A
90,972$22.1M3.62%
10
MIGASTRATEGY INC CL A NEW
132,801$20.2M3.30%
11
DHID R HORTON INC
138,614$20.0M3.27%
12
AAPLAPPLE INC
72,024$19.6M3.21%
13
NVONOVO-NORDISK A S ADR
266,165$13.5M2.22%
14
SNOWSNOWFLAKE INC COM SHS
45,768$10.0M1.64%
15
CEGCONSTELLATION ENERGY CORP
27,242$9.6M1.58%
16
MPMP MATERIALS CORP COM CL A
179,886$9.1M1.49%
17
SYSO-YOUNG INTERNATIONAL-ADR
3,067,873$7.9M1.29%
18
CLVTRIP COM GROUP LTD ADS
90,320$6.5M1.06%
19
AVGOBROADCOM INC
16,120$5.6M0.91%
20
6RJ0ROCKET LAB CORP
78,200$5.5M0.89%
21
PSKYPARAMOUNT SKYDANCE CORP COM CL B
389,191$5.2M0.85%
22
YMMFULL TRUCK ALLIANCE CO LTD SPONSORED ADS
468,434$5.0M0.82%
23
TALTAL EDUCATION GROUP SPONSORED ADS
400,810$4.4M0.72%
24
TSLATESLA INC
8,508$3.8M0.63%
25
TSMTAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS
9,600$2.9M0.48%
26
UUNITY SOFTWARE INC
65,846$2.9M0.48%
27
SHOPSHOPIFY INC CL A SUB VTG SHS
17,074$2.7M0.45%
28
JEFJEFFERIES FINL GROUP INC
35,234$2.2M0.36%
29
TMETENCENT MUSIC ENTMT GROUP SPON ADS
94,650$1.7M0.27%
30
MOGUMOGU INC-ADR
689,100$1.5M0.24%
31
YOULYOULIFE GROUP INC -ADR
1,000,000$1.4M0.23%
32
APPAPPLOVIN CORP COM CL A
1,221$822K0.13%
33
CRMSALESFORCE INC
2,813$745K0.12%
34
MUMICRON TECHNOLOGY INC
2,400$684K0.11%
35
DBDEUTSCHE BANK A G NAMEN AKT
14,807$570K0.09%
36
PLTRPALANTIR TECHNOLOGIES INC CL A
2,900$515K0.08%
37
TPLTEXAS PACIFIC LAND CORPORATION
1,650$473K0.08%
38
AMDADVANCED MICRO DEVICES INC
2,200$471K0.08%
39
ALNYALNYLAM PHARMACEUTICALS INC
1,133$450K0.07%
40
CNHICNH INDL N V
46,709$430K0.07%
41
SPOTSPOTIFY TECHNOLOGY S A
720$418K0.07%
42
BEBLOOM ENERGY CORP COM CL A
4,803$417K0.07%
43
IDXXIDEXX LABS INC
615$416K0.07%
44
LBLANDBRIDGE COMPANY LLC CL A
8,141$398K0.07%
45
GSGOLDMAN SACHS GROUP INC
447$392K0.06%
46
CLFCLEVELAND-CLIFFS INC NEW
27,358$363K0.06%
47
BNTXBIONTECH SE SPONSORED ADS
2,104$200K0.03%
48
ONCBEONE MEDICINES LTD SPONSORED ADS
487$147K0.02%
49
AZOAUTOZONE INC
19$64K0.01%
50
YJYUNJI INC-ADR
32,250$38K0.01%