CIK 2051846
Long positions in SEC Section 13(f) securities (US-listed stocks, ADRs and ETFs), largest first · Δ vs 2025-Q4. A lagged quarterly snapshot (filed ≤45 days after quarter-end); excludes shorts, options, cash, and shares listed only on non-US exchanges — foreign companies held via a US listing or ADR (e.g. Alibaba, TSMC) ARE included.
As filed = each book applied at its quarter-end (what the reported book did) · As copyable = applied at its statutory 45-day filing deadline (what a 13F follower could have earned).
Computing…
Hypothetical modeled performance constructed with hindsight — not actual results, and not indicative of future results. See the Disclaimer.
| Industry group | Weight | Names |
|---|---|---|
| Banks | 28.17% | 2 |
| Airlines | 21.76% | 1 |
| Oil, Gas & Consumable Fuels | 19.85% | 1 |
| Technology Hardware & Equipment | 13.50% | 1 |
| Semiconductors & Semiconductor Equipment | 8.80% | 1 |
| Unclassified | 4.04% | 1 |
| Software & IT Services | 3.90% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | UBS | UBS Group AG | Financials | 23.69% |
| 2 | RYAAY | Ryanair Holdings PLC | Industrials | 21.76% |
| 3 | TTE | Totalenergies SE | Energy | 19.85% |
| 4 | LOGI | Logitech International SA | Information Technology | 13.50% |
| 5 | TSM | Taiwan Semiconductor Manufacturing Co Ltd | Information Technology | 8.80% |
| 6 | ITUB | Itau Unibanco Holding S.A. | Financials | 4.48% |
| 7 | IBN | ICICI BANK LIMITED | Unclassified | 4.04% |
| 8 | INFY | Infosys Ltd | Information Technology | 3.90% |
7/8 names classified · sector 96.0% of weight · industry 96.0% · mkt cap 0.0%; unclassified names shown, never dropped.
Sector is classified on each name's CURRENT fundamentals, not point-in-time — apparent sector drift can reflect the market re-rating a holding, not a manager trade. 13F is a lagged quarterly snapshot of long positions in US-listed securities only — foreign companies held via a US listing or ADR ARE included, but shares listed only on non-US exchanges (plus shorts, options and cash) are not. Latest quarter: 96.0% of the book is sector-classified (unclassified names shown, never dropped).
Only 0% of book weight classified — the grid is NOT representative of the whole book.
Classified: 0.0% of book weight (0/8 names) · unclassified 100.0%: UBS, RYAAY, TTE, LOGI, TSM, ITUB, IBN, INFY. Size: cap 70/20/10 bands; style: value/growth composite on our own metrics — not Morningstar's model.
No contribution data for this period.
| # | Security | Shares | Value | Weight | Δ QoQ |
|---|---|---|---|---|---|
| 1 | UBSUBS GROUP AG | 658,608 | $25M | 23.7% | HOLD |
| 2 | RYAAYRYANAIR HOLDINGS PLC | 400,229 | $23M | 21.8% | HOLD |
| 3 | TTETotalEnergies SE | 226,388 | $21M | 19.8% | NEW |
| 4 | LOGILOGITECH INTL S A | 159,352 | $14M | 13.5% | HOLD |
| 5 | TSMTAIWAN SEMICONDUCTOR MFG LTD | 27,674 | $9M | 8.8% | ADD 17% |
| 6 | ITUBITAU UNIBANCO HLDG S A | 567,982 | $5M | 4.5% | TRIM −26% |
| 7 | IBNICICI BANK LIMITED | 165,806 | $4M | 4.0% | TRIM −74% |
| 8 | INFYINFOSYS LTD | 306,827 | $4M | 3.9% | HOLD |
| Security | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| UBSUBS GROUP AG | 615K | 585K | 676K | 679K | 669K | 659K | $25M |
| RYAAYRYANAIR HOLDINGS PLC | 437K | 419K | 406K | 406K | 401K | 400K | $23M |
| TTETotalEnergies SE | — | — | — | — | — | 226K | $21M |
| LOGILOGITECH INTL S A | — | — | — | 166K | 162K | 159K | $14M |
| TSMTAIWAN SEMICONDUCTOR MFG LTD | 23K | 22K | 21K | 24K | 24K | 28K | $9M |
| ITUBITAU UNIBANCO HLDG S A | 662K | 682K | 676K | 740K | 766K | 568K | $5M |
| IBNICICI BANK LIMITED | 490K | 576K | 559K | 562K | 641K | 166K | $4M |
| INFYINFOSYS LTD | 186K | 168K | 166K | 181K | 307K | 307K | $4M |
Shares reported each quarter by the largest current holdings. Green = added vs the prior filing of that name, red = trimmed, grey = roughly held; a dash is a quarter with no 13F on file (a gap is skipped, not read as an exit). 13F is filed up to 45 days after quarter-end. Up to 40 quarters (10 years) available — use the selector above.
Where this firm's principals came from and which firms its alumni went on to found.
