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Tairen Capital LTD

CIK:0001652062
Hedge Fund
$6B AUM
68 holdings
Hong Kong, Hong Kong
Founded:2007
9 employees
Latest filing:Jun 30, 2025

Tairen Capital Limited is an institutional asset management firm and private equity firm based in Hong Kong, founded in 2007 by Larry Chen and Terry Zhang. The firm specializes in growth capital and buyout investments in China and other Asian countries, focusing on sectors such as consumer goods, manufacturing, healthcare, financial services, and technology. It manages multiple strategies, including a flagship long/short equity hedge fund for the Greater China region, and serves institutional investors by leveraging deep local market expertise. The firm typically employs a value-oriented investment approach and takes a hands-on role in portfolio companies. Tairen maintains additional research teams in Shanghai and Beijing.

Investment Strategy

Tairen Capital primarily manages a long/short equity hedge fund targeting the Greater China region. The firm applies a value-oriented investment approach, conducting thorough research and due diligence, looking for growth capital and buyout opportunities in sectors like consumer goods, manufacturing, healthcare, financial services, and technology. Their strategy involves partnering with exceptional management teams and working closely with portfolio companies to drive growth and operational improvement. Tairen leverages strategic partnerships and extensive local knowledge to identify attractive investments, aiming to create value through hands-on involvement and disciplined capital allocation.

Latest 13F Filing Activity

Tairen Capital LTD filed their most recent 13F report on Jun 30, 2025 disclosing 68 equity positions with a total 13F market value of $979M. The fund increased holdings in Ishares Bitcoin Trust Etf, Mastercard Incorporated, Monday Com LTD among other positions. Tairen Capital LTD reduced exposure to Amazon Com Inc., Microsoft Corp., Meta Platforms Inc. among others.

Top Buys
I
IBITISHARES BITCOIN TRUST ETF
+$110.2M
M
MAMASTERCARD INCORPORATED
+$31.9M
M
MNDYMONDAY COM LTD
+$22.4M
P
PGRPROGRESSIVE CORP
+$21.6M
V
VVISA INC
+$21.6M
Top Sells
A
AMZNAMAZON COM INC
-$127.0M
M
MSFTMICROSOFT CORP
-$92.6M
M
METAMETA PLATFORMS INC
-$89.4M
P
PANWPALO ALTO NETWORKS INC
-$45.5M
H
HOODROBINHOOD MKTS INC
-$38.8M

Top Holdings

I
IBITISHARES BITCOIN TRUST ETF
+14.8%$144.7M
T
TSMTAIWAN SEMICONDUCTOR MFG LTD
+4.3%$41.9M
S
SNOWSNOWFLAKE INC
+3.5%$33.9M
M
MAMASTERCARD INCORPORATED
+3.3%$31.9M
T
TCOMTRIP COM GROUP LTD
+3.0%$29.3M

Equity Positions (68)

TickerSecurityWeightMarket ValueSharesAvg CostPriceChange (QoQ)
ISHARES BITCOIN TRUST ETF14.79%$144.7M2,364,700$56.72$61.21+$110.2M
TAIWAN SEMICONDUCTOR MFG LTD4.28%$41.9M185,043$166.00$226.49-$6.3M
SNOWFLAKE INC3.46%$33.9M151,385$136.53$223.77-$32.9M
MASTERCARD INCORPORATED3.26%$31.9M56,700$561.94$561.94+$31.9M
TRIP COM GROUP LTD3.00%$29.3M500,154$62.02$58.64+$7.8M

Industry Allocation

SEMICONDUCTORS & RELATED DEVICES
+19.4%
SERVICES-PREPACKAGED SOFTWARE
+18.2%
SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC.
+8.8%
SERVICES-BUSINESS SERVICES, NEC
+7.7%
MOTOR VEHICLES & PASSENGER CAR BODIES
+7.0%

Investment Team (2)

NameRoleLocationLinkedIn
Max Li
Max Li
US Software Portfolio ManagerNew York, NY , United States
M
Meng Dai
Investment AnalystNew York, NY , United States