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Portfolio (Quarterly) Guide ↗

TB Alternative Assets Ltd.

· CIK 0001483503
13F Portfolio $611M AUM 50 positions Filed Jan 16, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 50 New
Page 2 of 3  ·  50 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
21 PSKY PARAMOUNT SKYDANCE CORP COM CL B Communication Services 389,191.0 $5.2M 0.85% NEW $13.40 -26.2%
22 YMM FULL TRUCK ALLIANCE CO LTD SPONSORED ADS Technology 468,434.0 $5.0M 0.82% NEW $10.73 -19.9%
23 TAL TAL EDUCATION GROUP SPONSORED ADS Consumer Defensive 400,810.0 $4.4M 0.72% NEW $10.91 -2.3%
24 TSLA TESLA INC Consumer Cyclical 8,508.0 $3.8M 0.63% NEW $449.72 -10.6%
25 TSM TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS Technology 9,600.0 $2.9M 0.48% NEW $303.89 +28.7%
26 U UNITY SOFTWARE INC Technology 65,846.0 $2.9M 0.48% NEW $44.17 -39.3%
27 SHOP SHOPIFY INC CL A SUB VTG SHS Technology 17,074.0 $2.7M 0.45% NEW $160.97 -36.2%
28 JEF JEFFERIES FINL GROUP INC Financial Services 35,234.0 $2.2M 0.36% NEW $61.97 -16.6%
29 TME TENCENT MUSIC ENTMT GROUP SPON ADS Communication Services 94,650.0 $1.7M 0.27% NEW $17.53 -49.0%
30 MOGU INC-ADR 689,100.0 $1.5M 0.24% NEW $2.13
31 YOUL YOULIFE GROUP INC -ADR Consumer Defensive 1,000,000.0 $1.4M 0.23% NEW $1.43 -32.9%
32 APP APPLOVIN CORP COM CL A Technology 1,221.0 $823K 0.14% NEW $673.82 -28.0%
33 CRM SALESFORCE INC Technology 2,813.0 $745K 0.12% NEW $264.91 -30.2%
34 MU MICRON TECHNOLOGY INC Technology 2,400.0 $685K 0.11% NEW $285.41 +141.4%
35 DB DEUTSCHE BANK A G NAMEN AKT Financial Services 14,807.0 $571K 0.09% NEW $38.56 -18.7%
36 PLTR PALANTIR TECHNOLOGIES INC CL A Technology 2,900.0 $515K 0.08% NEW $177.75 -23.5%
37 TPL TEXAS PACIFIC LAND CORPORATION Energy 1,650.0 $474K 0.08% NEW $287.22 +33.7%
38 AMD ADVANCED MICRO DEVICES INC Technology 2,200.0 $471K 0.08% NEW $214.16 +96.0%
39 ALNY ALNYLAM PHARMACEUTICALS INC Healthcare 1,133.0 $451K 0.07% NEW $397.65 -27.7%
40 CNH INDL N V 46,709.0 $431K 0.07% NEW $9.22
Page 2 of 3  ·  50 positions

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Communication Services 42.4%
Technology 20.4%
Consumer Cyclical 11.9%
Basic Materials 8.4%
Financial Services 5.4%
Healthcare 3.9%
Energy 3.9%
Utilities 1.7%
Industrials 1.0%
Consumer Defensive 1.0%