Tenere Capital LLC

NEW YORK, NY · CIK 1849517 · 13F filing filed 2026-08-14

SEC-registered investment adviser since 2021 · limited liability company

Assets managed$241.1m
Staff5 · 2 in investment roles
Main clients (by assets)Private funds 100%
Private funds3 (2 hedge) · $488.3m gross assets
Websitetenerecapital.com
Form ADV · 2026-09-25SEC adviser record

Legal entityTenere Capital, LLC (US)

Kindhedge funds, venture
Others nearbyNew York, NY

As an employer

Offices in1 country
Private fundshedge 2, venture capital 1

$125.9m reported value -7.7% vs Q1 2026

23positions

60.1%in top 10

8 new 5 added 10 reduced 7 sold out vs Q1 2026

Holdings, Q2 2026

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	NVIDIA CORPORATION COM NVDA	NVDA	66,733	$13.4m10.61%	10.61%	Reduced -10.6k	-10,578 -13.7%
2	GE AEROSPACE COM NEW GE	GE	26,403	$9.9m7.84%	7.84%	Reduced -7.0k	-7,032 -21.0%
3	GOLDMAN SACHS GROUP INC COM GS	GS	7,774	$7.9m6.25%	6.25%	Added +2.0k	+1,991 34.4%
4	CSX CORP COM CSX	CSX	160,470	$7.6m6.06%	6.06%	Added +67.1k	+67,147 72.0%
5	APPLIED MATLS INC COM AMAT	AMAT	10,332	$7.5m5.93%	5.93%	Reduced -6.1k	-6,085 -37.1%
6	HILTON WORLDWIDE HLDGS INC COM HLT	HLT	19,426	$6.4m5.10%	5.10%	New
7	VISA INC COM CL A V	V	18,104	$6.2m4.93%	4.93%	Added +3.8k	+3,788 26.5%
8	TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS TSM	TSM	12,248	$5.8m4.65%	4.65%	Reduced -16.1k	-16,090 -56.8%
9	VAIL RESORTS INC COM MTN	MTN	40,724	$5.5m4.40%	4.40%	New
10	ALPHABET INC CAP STK CL A GOOGL	GOOGL	15,336	$5.5m4.35%	4.35%	Added +2.6k	+2,567 20.1%
11	APPLE INC COM AAPL	AAPL	18,925	$5.5m4.35%	4.35%	Reduced -26.1k	-26,136 -58.0%
12	CISCO SYS INC COM CSCO	CSCO	44,677	$5.2m4.17%	4.17%	New
13	THERMO FISHER SCIENTIFIC INC COM TMO	TMO	9,127	$4.6m3.63%	3.63%	New
14	CAPITAL ONE FINL CORP COM COF	COF	22,805	$4.6m3.63%	3.63%	New
15	ELI LILLY & CO COM LLY	LLY	3,642	$4.4m3.47%	3.47%	Reduced -2.9k	-2,948 -44.7%
16	AMAZON COM INC COM AMZN	AMZN	17,272	$4.1m3.27%	3.27%	Added +1.8k	+1,787 11.5%
17	UNITEDHEALTH GROUP INC COM UNH	UNH	9,122	$3.8m3.01%	3.01%	New
18	META PLATFORMS INC CL A META	META	6,023	$3.4m2.70%	2.70%	Reduced -16.4k	-16,441 -73.2%
19	EQUINIX INC COM EQIX	EQIX	2,998	$3.1m2.48%	2.48%	New
20	DIGITALOCEAN HLDGS INC COM DOCN	DOCN	18,896	$3.0m2.36%	2.36%	New
21	SHOPIFY INC CL A SUB VTG SHS SHOP	SHOP	25,691	$2.9m2.33%	2.33%	Reduced -15.3k	-15,293 -37.3%
22	ASML HOLDING N V N Y REGISTRY SHS ASML	ASML	1,456	$2.9m2.30%	2.30%	Reduced -6.5k	-6,494 -81.7%
23	ANALOG DEVICES INC COM ADI	ADI	6,889	$2.7m2.17%	2.17%	Reduced -13.0k	-13,019 -65.4%

Sold out since Q1 2026

Security	Ticker	Shares held before	Value then
BLACKROCK INC BLK	BLK	6,554	$6.3m6.6k shares
CATERPILLAR INC CAT	CAT	7,429	$5.3m7.4k shares
INTEL CORP INTC	INTC	110,962	$4.9m111.0k shares
GE VERNOVA INC GEV	GEV	4,829	$4.2m4.8k shares
MICROSOFT CORP MSFT	MSFT	7,215	$2.7m7.2k shares
COINBASE GLOBAL INC COIN	COIN	11,831	$2.1m11.8k shares
KLARNA GROUP PLC KLAR	KLAR	57,984	$807.1k58.0k shares