Technology Crossover Management XI, Ltd. Concentrated Active

Name: Technology Crossover Management XI, Ltd. Q3 2025 13F Filing | 13F Explorer
Creator: Technology Crossover Management XI, Ltd.
Published: 2025-11-12

Location: Menlo Park, CA

CIK: 0001977402 · Show all filings

Period: Q3 2025 (← Previous) (Next →)

Filing Date: Nov 12, 2025

Total Value: $977M (100.0% shares, 0.0% debt)

Holdings (3)

SPOT Spotify Technologies, S.A. 71.4%

Value $698M Shares 1,000,000 Est. Cost $124.54 Unrealized +461.5%

Z Zillow Group, Inc. 18.4%

Value $180M Shares 2,338,036 Est. Cost $44.00 Unrealized +85.7%

CART Maplebear Inc. 10.2%

Value $99.25M Shares 2,700,000 Est. Cost $30.31 Unrealized +51.9%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
SPOT	Spotify Technologies, S.A.	1,000,000	$698M	71.4%	$124.54	+461.5%	Common	L8681T102
Z	Zillow Group, Inc.	2,338,036	$180M	18.4%	$44.00	+85.7%	Capital *	98954M200
CART	Maplebear Inc.	2,700,000	$99.25M	10.2%	$30.31	+51.9%	Common	565394103