Technology Crossover Management XI, Ltd.
•CIK: 1977402•Filing: Q4 2025
**Technology Crossover Management XI, Ltd.** manages $740M with a concentrated, high-conviction mandate. The fund's current portfolio is anchored by two significant positions: SPOT, representing $580.7M, and Z, valued at $159.5M. This structure suggests a focused, deep-value approach targeting secular growth inflection points across technology sectors. The concentration indicates a belief in outsized returns derived from these specific, large-cap holdings.
Total AUM
$740.2M
QoQ Performance
-24.3%
Positions
2
Top 10 Concentration
100.0%
Latest Filing
Q4 2025
Top Holdings Allocation
SPOT
Z
SPOT78.5%
Z21.5%
📈 Biggest Buys
No new positions or increases this quarter
📉 Biggest Sells
No reductions this quarter
Sector Breakdown
Communication78.5%
Other21.5%
🚪 Exited Positionssold since Q3 2025
Historical Filings
Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023