TFJ Management, LLC
Registered adviserRegulatory profile
From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.
| Rosters | Regulatory AUM | Main clients |
|---|---|---|
| Apr 2026 to Oct 2026 | $198,352,057 | Pooled investment vehicles (86%) |
| Mar 2025 to Mar 2026 | $178,623,602 | Pooled investment vehicles (88%) |
| Mar 2024 to Feb 2025 | $117,025,819 | Pooled investment vehicles (80%) |
| May 2023 to Feb 2024 | $77,059,408 | Pooled investment vehicles (80%) |
| Mar 2023 to Apr 2023 | $77,059,408 | Pooled investment vehicles (80%) |
| Apr 2022 to Feb 2023 | $97,117,802 | Pooled investment vehicles (75%) |
Portfolio style
Measured from the filed 13F common-share book for Jun 30, 2026, never from the firm's own description.
Closest benchmark: the Nasdaq-100 as of 2026-06-30, active share 99.3%; sector active share 51.7% against the combined 13F book's sector weights.
Over time 7 measured quarters
How the bands are measured
Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.
Clone Performance
Build a hypothetical price-return history from this filer's public 13F holdings.
View clone backtestPortfolio Concentration
11 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026Portfolio Trend
Sector Breakdown
As of Jun 30, 2026| Sector | % Portfolio | Value |
|---|---|---|
| Technology | 31.6% | $65,057,580 |
| Consumer Cyclical | 29.8% | $61,365,795 |
| Unclassified | 20.7% | $42,600,900 |
| Communication Services | 16.1% | $33,191,116 |
| Financial Services | 1.9% | $3,895,908 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increased| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| TOST | Toast, Inc. | +287,453 | 350,565 | $9,752,718 | |
| CLVT | Clarivate PLC | +173,292 | 1,332,798 | $2,878,843 | |
| SAIL | SailPoint, Inc. | +165,804 | 459,627 | $6,728,939 | |
| CPNG | Coupang, Inc. | +112,463 | 1,086,770 | $18,877,194 | |
| APP | AppLovin Corp | +1,548 | 64,420 | $33,191,116 | |
| No positions match the current search. | |||||
Trimmed
Positions the filer reduced| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| GTLB | Gitlab Inc. | −129,089 | 477,631 | $14,582,074 | |
| No positions match the current search. | |||||
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| EWY |
iShares Trust
PUT
|
Held | 211,000 | $42,600,900 | 20.67% | |
| APP |
AppLovin Corp
Communication Services
|
Added | 64,420 | $33,191,116 | 16.10% | |
| OPLN |
OPENLANE, Inc.
Consumer Cyclical
|
Held | 786,153 | $32,420,949 | 15.73% | |
| CPNG |
Coupang, Inc.
CALL
+ SHARES
Consumer Cyclical
|
Added | 1,666,370 | $28,944,846 | 14.04% | |
| WSE |
Wise Group plc
Technology
|
NEW | 2,259,114 | $26,906,047 | 13.05% | |
| GTLB |
Gitlab Inc.
Technology
|
Reduced | 477,631 | $14,582,074 | 7.07% | |
| TOST |
Toast, Inc.
Technology
|
Added | 350,565 | $9,752,718 | 4.73% | |
| SAIL |
SailPoint, Inc.
Technology
|
Added | 459,627 | $6,728,939 | 3.26% | |
| IOT |
Samsara Inc.
Technology
|
Held | 129,786 | $4,208,959 | 2.04% | |
| TW |
Tradeweb Markets Inc.
Financial Services
|
NEW | 39,092 | $3,895,908 | 1.89% | |
| CLVT |
Clarivate PLC
Technology
|
Added | 1,332,798 | $2,878,843 | 1.40% |
Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.