SEC 13F Intelligence

Managers / Q3 2025 · view latest →

Tsai Capital Corp

CIK 0001574850 · 20 EAST END AVENUE, NEW YORK, NY, 10028 · 917-979-4821

Reported Value
$143M
Q3 2025
Positions
23
Filings on Record
22
2019–present window
Filed
Nov 13, 2025
original filing

Summary

Tsai Capital Corp reported $143M in U.S.-listed holdings across 23 positions for Q3 2025.

The portfolio is heavily concentrated: TSLA alone accounts for 21.6% of reported value.

Compared with Q2 2025, the fund opened 0 new positions and exited 5.

Portfolio Metrics

Turnover
+11.5%
vs prior filed quarter
Top-10 Concentration
+76.3%
share of reported value
Largest Position
+21.6%
Tesla

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’20: $100MQ4 ’20Q1 ’21: $101MQ2 ’21: $109MQ3 ’21: $116MQ3 ’21Q4 ’21: $144MQ1 ’22: $130MQ2 ’22: $84MQ2 ’22Q3 ’22: $90MQ4 ’22: $69MQ1 ’23: $95MQ1 ’23Q2 ’23: $110MQ3 ’23: $105MQ4 ’23: $109MQ4 ’23Q1 ’24: $97MQ2 ’24: $102MQ3 ’24: $123MQ3 ’24Q4 ’24: $137MQ1 ’25: $122MQ2 ’25: $136MQ2 ’25Q3 ’25: $143MQ4 ’25: $147MQ1 ’26: $134MQ1 ’26filingsflow.com

Portfolio Composition

By security type
Common Stock: 97.7%Other: 2.2%ETP: 0.1%
  • Common Stock · 97.7% · $140M
  • Other · 2.2% · $3M
  • ETP · 0.1% · $139,232

Quarter-over-Quarter Changes full breakdown →

vs Q2 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
NKENIKE INCSOLD OUT−49.2K0−$3M$0
AKXANSYS INCSOLD OUT−9.2K0−$3M$0
FDSFACTSET RESH SYS INCSOLD OUT−6.7K0−$3M$0
ARCH CAP GROUP LTDSOLD OUT−29.6K0−$3M$0
DHRDANAHER CORPORATIONSOLD OUT−9.5K0−$2M$0
ACCENTURE PLC IRELANDADDED+5.6K12.9K+$998,421$3M
CPRTCOPART INCADDED+54.1K140.7K+$2M$6M
MKLMARKEL GROUP INCADDED+1.2K3.6K+$2M$7M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q3 2025

23 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1TSLATESLA INChistory →COM21.64%$31M69.8K
2QXOQXO INChistory →COM NEW17.63%$25M1.33M
3AAPLAPPLE INChistory →COM8.95%$13M50.4K
4AMZNAMAZON COM INChistory →COM5.66%$8M37.0K
5MKLMARKEL GROUP INChistory →COM4.75%$7M3.6K
6CPRTCOPART INChistory →COM4.41%$6M140.7K
7MSFTMICROSOFT CORPhistory →COM3.49%$5M9.7K
8CSGPCOSTAR GROUP INChistory →COM3.47%$5M58.9K
9NVDANVIDIA CORPORATIONhistory →COM3.26%$5M25.1K
10COSTCOSTCO WHSL CORPhistory →NEW COM3.03%$4M4.7K
11GOOGALPHABET INChistory →CAP STK CL C2.84%$4M16.7K
12METAMETA PLATFORMS INChistory →CL A2.75%$4M5.4K
13MSCIMSCI INChistory →COM2.67%$4M6.7K
14MAMASTERCARD INCORPORATEDhistory →CL A2.37%$3M6.0K
15VVISA INChistory →COM CL A2.35%$3M9.9K
16ACCENTURE PLC IRELANDSHS CLASS A2.22%$3M12.9K
17TYLTYLER TECHNOLOGIES INChistory →COM2.08%$3M5.7K
18IDXXIDEXX LABS INChistory →COM2.07%$3M4.6K
19ABNBAIRBNB INChistory →COM CL A2.01%$3M23.8K
20MTDMETTLER TOLEDO INTERNATIONALhistory →COM1.62%$2M1.9K
21JNJJOHNSON & JOHNSONCOM0.32%$456,1332.5K
22MCDMCDONALDS CORPCOM0.30%$436,0821.4K
23SPDR S&P 500 ETF TRTR UNIT0.10%$139,232209

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$134M19May 14, 202613F-HRchanges · EDGAR ↗
Q4 2025$147M20Feb 4, 202613F-HRchanges · EDGAR ↗
Q3 2025$143M23Nov 13, 202513F-HRchanges · EDGAR ↗
Q2 2025$136M28Aug 13, 202513F-HRchanges · EDGAR ↗
Q1 2025$122M26May 13, 202513F-HRchanges · EDGAR ↗
Q4 2024$137M25Feb 12, 202513F-HRchanges · EDGAR ↗
Q3 2024$123M25Nov 14, 202413F-HRchanges · EDGAR ↗
Q2 2024$102M24Aug 13, 202413F-HRchanges · EDGAR ↗
Q1 2024$97M23May 15, 202413F-HRchanges · EDGAR ↗
Q4 2023$109M23Feb 13, 202413F-HRchanges · EDGAR ↗
Q3 2023$105M23Nov 14, 202313F-HRchanges · EDGAR ↗
Q2 2023$110M23Aug 11, 202313F-HRchanges · EDGAR ↗
Q1 2023$95M23May 15, 202313F-HRchanges · EDGAR ↗
Q4 2022$69M21Feb 10, 202313F-HRchanges · EDGAR ↗
Q3 2022$90M21Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$84M19Aug 15, 202213F-HRchanges · EDGAR ↗
Q1 2022$130M15May 13, 202213F-HRchanges · EDGAR ↗
Q4 2021$144M15Feb 14, 202213F-HRchanges · EDGAR ↗
Q3 2021$116M17Nov 12, 202113F-HRchanges · EDGAR ↗
Q2 2021$109M18Aug 16, 202113F-HRchanges · EDGAR ↗
Q1 2021$101M18May 12, 202113F-HRchanges · EDGAR ↗
Q4 2020$100M17Feb 11, 202113F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.