TFJ Management, LLC Diversified Active

Location: Somerville, MA

CIK: 0002056069 · Show all filings

Period: Q1 2026 (← Previous)

Filing Date: May 15, 2026

Total Value: $141M (100.0% shares, 0.0% debt)

Holdings (14)

New Positions (6)

EWY ISHARES INC 18.4%

Value $25.96M Shares 211,000 Est. Cost — Unrealized —

CPNG COUPANG INC 7.7%

Value $10.94M Shares 579,600 Est. Cost $24.17 Unrealized -17.8%

IOT SAMSARA INC 2.9%

Value $4.113M Shares 129,786 Est. Cost $29.75 Unrealized 0.0%

SAIL SAILPOINT INC 2.8%

Value $3.89M Shares 293,823 Est. Cost $16.66 Unrealized 0.0%

TOST TOAST INC 1.2%

Value $1.673M Shares 63,112 Est. Cost $31.01 Unrealized 0.0%

FIG FIGMA INC 1.0%

Value $1.408M Shares 66,604 Est. Cost $28.40 Unrealized 0.0%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
EWY	ISHARES INC	211,000	$25.96M	18.4%	—	—	PUT	464286772
CPNG	COUPANG INC	579,600	$10.94M	7.7%	$24.17	-17.8%	CALL	22266T109
IOT	SAMSARA INC	129,786	$4.113M	2.9%	$29.75	0.0%	COM CL A	79589L106
SAIL	SAILPOINT INC	293,823	$3.89M	2.8%	$16.66	0.0%	COM	78781J109
TOST	TOAST INC	63,112	$1.673M	1.2%	$31.01	0.0%	CL A	888787108
FIG	FIGMA INC	66,604	$1.408M	1.0%	$28.40	0.0%	CLASS A COM STK	316841105

Increased Positions (6)

APP APPLOVIN CORP 17.7%

Value $25.02M (-29.8%) Shares 62,872 (+18.9%) Est. Cost $293.42 Unrealized +72.8%

GTLB GITLAB INC 9.3%

Value $13.13M (-13.2%) Shares 606,720 (+50.6%) Est. Cost $41.11 Unrealized -20.1%

CPNG COUPANG INC 13.0%

Value $18.39M (-7.6%) Shares 974,307 (+15.4%) Est. Cost $24.17 Unrealized -17.8%

CLVT CLARIVATE PLC 2.1%

Value $2.934M (+50.1%) Shares 1,159,506 (+98.1%) Est. Cost $3.08 Unrealized -15.9%

OPLN OPENLANE INC 16.2%

Value $22.92M (+2.3%) Shares 786,153 (+4.5%) Est. Cost $20.39 Unrealized +44.7%

APPF APPFOLIO INC 5.8%

Value $8.165M (-3.0%) Shares 51,739 (+43.1%) Est. Cost $220.40 Unrealized -9.1%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
APP	APPLOVIN CORP	62,872 (+18.9%)	$25.02M (-29.8%)	17.7%	$293.42	+72.8%	COM CL A	03831W108
GTLB	GITLAB INC	606,720 (+50.6%)	$13.13M (-13.2%)	9.3%	$41.11	-20.1%	CLASS A COM	37637K108
CPNG	COUPANG INC	974,307 (+15.4%)	$18.39M (-7.6%)	13.0%	$24.17	-17.8%	CL A	22266T109
CLVT	CLARIVATE PLC	1,159,506 (+98.1%)	$2.934M (+50.1%)	2.1%	$3.08	-15.9%	ORD SHS	G21810109
OPLN	OPENLANE INC	786,153 (+4.5%)	$22.92M (+2.3%)	16.2%	$20.39	+44.7%	COM	48238T109
APPF	APPFOLIO INC	51,739 (+43.1%)	$8.165M (-3.0%)	5.8%	$220.40	-9.1%	COM CL A	03783C100

Exited Positions (2)

CWAN CLEARWATER ANALYTICS HLDGS I 11.7%

Value $16.48M Shares 683,114 Est. Cost $20.16 Unrealized +18.2%

HGV HILTON GRAND VACATIONS INC 1.5%

Value $2.149M Shares 48,030 Est. Cost $40.12 Unrealized +16.3%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
CWAN	CLEARWATER ANALYTICS HLDGS I	683,114	$16.48M	11.7%	$20.16	+18.2%	—	185123106
HGV	HILTON GRAND VACATIONS INC	48,030	$2.149M	1.5%	$40.12	+16.3%	—	43283X105

Decreased Positions (2)

ACVA ACV AUCTIONS INC 0.5%

Value $675K (-93.2%) Shares 159,095 (-87.1%) Est. Cost $15.71 Unrealized -51.2%

RSKD RISKIFIED LTD 1.5%

Value $2.143M (-69.1%) Shares 546,680 (-60.8%) Est. Cost $4.96 Unrealized -8.4%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
ACVA	ACV AUCTIONS INC	159,095 (-87.1%)	$675K (-93.2%)	0.5%	$15.71	-51.2%	COM CL A	00091G104
RSKD	RISKIFIED LTD	546,680 (-60.8%)	$2.143M (-69.1%)	1.5%	$4.96	-8.4%	SHS CL A	M8216R109