There has been a lot of interest from Tenzing Global in social media and online work-related stocks in the past. A few of the fund’s most notable investments include Pinterest, Fiverr, and Zoom Video. As of March 30, 2021, Tenzing Global had assets under management totaling nearly $456 million. In April 2020, the fund returned an impressive 11.42 percent annualized. Tenzing does not use short positions as a hedge against other holdings, but rather as a way to generate alpha for its clients. At the end of the third quarter, Tenzing Global’s 13F portfolio was valued at just under $296 million. Stocks in industrial, telecommunication, and consumer discretionary companies make up the bulk of the portfolio. As of September 30, 2021, the company had 13 long positions, up from 9 a quarter earlier.
Insider Monkey checks out the Top 10 Stocks for 2022 According To Chet Kapoor’s Tenzing Global Investors. Insider Monkey counted 23 hedge funds as owning shares of 2U Inc. as of September 30th, down from 29 funds a year earlier. According to the Artisan Partners’ Artisan Small Cap Fund, the on-campus to online trend is a good opportunity for 2U Inc. Overstock.com, Inc. was added to Tenzing Global’s 13F portfolio in the third quarter of this year. As of September 30, the company had purchased 50,000 shares worth approximately $3.9 million. Smart TVs and other home entertainment devices are manufactured by VIZIO Holding Corp., which also has its own smart TV operating system. Tenzing Global is optimistic about VIZIO Holding. At the end of the third quarter, Tenzing had sold 125,000 of his VZIO shares, leaving him with a stake of 250,000. After 15 years as a private company, Kaltura, Inc. went public in July. On September 30, the investment advisor purchased 225,000 KLTR shares for $2.32 million. During the quarter, Tenzing was one of 15 hedge funds that purchased Kaltura stock. During the third quarter, Tenzing Global added 182,500 Enovix Corporation public warrants to its 13F portfolio. Lithium-ion batteries for electric vehicles are manufactured by the company. During ENVX’s first quarter as a public company, 29 hedge funds tracked by Insider Monkey were long the stock. For more details, click Top 10 Stocks for 2022 According To Chet Kapoor’s Tenzing Global Investors.
