Managers / Q4 2025 · view latest →
Technology Crossover Management XI, Ltd.
CIK 0001977402 · C/O TCV, 250 MIDDLEFIELD ROAD, MENLO PARK, CA, 94025 · (650) 614-8200
Reported Value
$740M
Q4 2025
Positions
2
Filings on Record
13
2019–present window
Filed
Feb 6, 2026
original filing
Summary
Technology Crossover Management Xi, Ltd. reported $740M in U.S.-listed holdings across 2 positions for Q4 2025.
The portfolio is heavily concentrated: Spotify Technologies S A alone accounts for 78.5% of reported value.
Compared with Q3 2025, the fund opened 0 new positions and exited 1.
Reported Value by Quarter
13F Reported Value
Portfolio Composition
By security type
Composition data arrives with ticker enrichment.
Quarter-over-Quarter Changes full breakdown →
Holdings — Q4 2025
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q1 2026 | $582M | 2 | May 8, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q4 2025 | $740M | 2 | Feb 6, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q3 2025 | $977M | 3 | Nov 12, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q2 2025 | $1.1B | 3 | Aug 13, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q1 2025 | $982M | 3 | May 9, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q4 2024 | $865M | 3 | Feb 11, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q3 2024 | $737M | 3 | Nov 13, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q2 2024 | $602M | 3 | Aug 12, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q1 2024 | $443M | 2 | May 13, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q4 2023 | $307M | 2 | Feb 9, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q3 2023 | $281M | 2 | Nov 13, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q2 2023 | $153M | 1 | Aug 11, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q1 2023 | $127M | 1 | May 12, 2023 | 13F-HR | changes · 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 ↗.