13F

Position

TMT General Partner Ltd in Agora, Inc.

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Estimated mark uses implied 13F prices (value ÷ shares). Adds are treated as happening at this quarter’s mark; cuts at last quarter’s. Share jumps can be splits, not buys. This is not realized P&L.

Latest estimated mark −$1.25M$4.07$3.54

QuarterSharesValueImplied pxEst. markFlowWeight
Q4 20252.35M$9.58M3.9%
Q1 20262.35M$8.33M$3.54−$1.25M$03.3%