Tenzing Financial LLC
SEC Form 13F institutional filer · CIK 0002111360
13F-HR · 38 reported holdings · 2026-03-31
Reported long-US-equity value
$0.06B
Top-10 concentration
81.5%
Tenzing Financial LLC — $63.9M AUM allocation strategy
Tenzing Financial LLC files SEC Form 13F and reports $63.9M of long US equity value across 38 reported holdings for 2026-03-31.
Its largest sector bet is Financials 24.9%, followed by Information Technology 11.1% and Communication Services 4.8%.
The top 10 holdings account for 82% of reported value — a conviction-weighted book concentrated in its best ideas. The sector and industry splits below are of the same reported value. Track quarter-over-quarter adds, trims, new positions and exits below — sourced from SEC 13F filings, public domain.
Tenzing Financial LLC — latest SEC 13F insights
Reported long-US-equity value (13F AUM)
$63.9M
total across 38 reported holdings · 2026-03-31 · excludes shorts, cash, non-US
Top-10 concentration
82% of value
higher = narrower conviction; lower = spread / hedging
Biggest adds (shares)
+$BEN +22.9K sh · +$505K+$IVV +16K sh · +$2.66M+$SCHW +5.83K sh · +$186K
Biggest trims (shares)
−$NVDA −1.34K sh · −$219K−$AMZN −653 sh · −$110K−$VOO −408 sh · −$3.93K
Sector allocation (share of reported value)
each slice is a share of the reported long-US-equity value — smaller sectors and the rest of the book roll into “Other holdings”
Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.
Industry allocation (share of reported value)
- Investment Banking & Brokerage18.6%—
- Asset Management & Custody Banks5.3%—
- Interactive Media & Services4.8%—
- Semiconductors4.8%—
- Technology Hardware, Storage & Peripherals3.9%—
- Systems Software2.6%—
- Pharmaceuticals1.8%—
- Broadline Retail1.7%—
- Other holdings56.6%—
the finer GICS cut of the same book — same denominator — smaller industries roll into “Other holdings”
Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.
Top S&P 500 holdings
8 of 8 rows · sorted by Value ↓
| Ticker | Holding | Shares | Value | Δ QoQ | Weight |
|---|---|---|---|---|---|
| $SCHW | Charles Schwab Corporation | 388K | $11.9M | +5.83K | 18.6% |
| $BEN | Franklin Templeton Inc | 141K | $3.34M | +22.9K | 5.2% |
| $AAPL | Apple Inc | 9.46K | $2.45M | -70 | 3.8% |
| $NVDA | NVIDIA Corporation | 10.8K | $2.05M | -1.34K | 3.2% |
| $MSFT | Microsoft Corporation | 4.26K | $1.64M | -379 | 2.6% |
| $GOOG | Alphabet Inc. Class C Capital Stock | 4.37K | $1.4M | +61 | 2.2% |
| $LLY | Eli Lilly and Company | 1.26K | $1.17M | +9 | 1.8% |
| $AMZN | Amazon.com Inc | 4.49K | $1.08M | -653 | 1.7% |
…and 30 more holdings in the full 13F filing (top positions only shown).
SEC Form 13F data sets · public domain · 45-day filing lag · >$100M AUM managers · as reported
← All 13F filers·← QuantOrb.pro
How to read Δ QoQ — the five insight categories, and the caveats
The categories. Analysts, quants and retail traders look past total portfolio value to isolate actionable signals. Five categories matter.
Conviction & concentration shifts
New positions vs complete exits — a brand-new stock signals high conviction; a full liquidation suggests a broken thesis or tax-loss harvesting. Aggressive sizing — look at share count, not dollars: a 20% share increase during a drawdown is strong dip-buying. Concentration — a narrowing top-5/10 means conviction; spreading capital across more names means hedging.
Sector & macro allocation rotations
Aggregating Δ QoQ moves across sectors shows where smart money is leaning in or sneaking out — rotating out of growth into defensives or energy, for example. The fund's total long equity exposure quarter-over-quarter is a proxy for overall institutional risk appetite.
Crowding & smart-money consensus
When several managers initiate or expand the same stock in the same quarter, that is institutional consensus. Contrarian reads: top pickers buying hard into a beaten-down name the market is selling.
Derivative & option overlays
Reported call/put changes indicate whether managers are adding downside hedges or leveraging upside exposure. Note: a long increase may be half of a market-neutral pair trade.
Who reads this
| Retail "cloners" | High-conviction ideas to replicate ~45 days after quarter-end. |
| Corporate IR | Which funds bought or dumped the stock, before the next call. |
| Quant / algo traders | Cross-sectional factor inputs: flow, momentum, ownership. |
Four caveats before you trade on it
- 45-day lag — holdings are quarter-end; positions may already be closed.
- Long-only — 13Fs miss shorts, pair trades and cash.
- No non-US / fixed income — the picture is US equities plus options.
- Corporate actions — splits and spinoffs distort raw share deltas.
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