DNCA FINANCE

13F filer, CIK 1752759, PARIS, France

DNCA FINANCE reported $1,166,987,189 across 125 holdings for the quarter ended 2024-09-30, in a 13F-HR filed 2024-11-13. Its ten largest share positions make up 46.35% of the portfolio.

Filed 2024-11-13 (acceptance time not in the bulk data set), ingested 2026-10-07 18:26:56 UTC13F-HR 0001104659-24-117685

Period: 2024-09-30
Reported value: $1.17B
Holdings: 125
Top 10 weight: 46.35%
New: 17
Sold out: 14

Largest buys vs the previous quarter

Security	Shares change	Approx. value
AVGOadded	+110,650	$19.1M
Tnew	+747,100	$16.4M
GSnew	+22,500	$11.1M
PGnew	+59,800	$10.4M
AMZNadded	+51,600	$9.61M

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Largest sells vs the previous quarter

Security	Shares change	Approx. value
STLAreduced	-2,952,418	-$40.9M
CARRexited	-294,253	-$18.6M
MRKexited	-118,896	-$14.7M
LLYreduced	-11,274	-$9.99M
JPMreduced	-42,250	-$8.91M

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Holdings, Q3 2024

Share positions as resolved from 13F-HR 0001104659-24-117685, largest first. % of portfolio is the value over $1,165,976,485, the sum of the share positions whose value is usable for ratios (method).

Security	Shares	Value	% of portfolio	Change	Timeline
FLUTFLUTTER ENTMT PLC	526,075	$124M	10.64%	-11,043	Timeline
CRHCRH PLC	942,426	$89.7M	7.69%	-65,959	Timeline
MSFTMICROSOFT CORP	127,944	$55.1M	4.72%	+3,189	Timeline
VVISA INC	191,177	$52.6M	4.51%	+16,650	Timeline
METAMETA PLATFORMS INC	89,308	$51.1M	4.38%	+2,440	Timeline
NVDANVIDIA CORPORATION	388,748	$47.2M	4.05%	-29,150	Timeline
RACEFERRARI N V	82,965	$38.9M	3.33%	-17,155	Timeline
LINLINDE PLC	62,780	$29.9M	2.57%	0	Timeline
TSMTAIWAN SEMICONDUCTOR MANUFAC	154,500	$26.8M	2.3%	-6,500	Timeline
DEDEERE & CO	60,300	$25.2M	2.16%	+411	Timeline
GOOGLALPHABET INC	148,000	$24.5M	2.11%	+19,100	Timeline
TTTRANE TECHNOLOGIES PLC	52,500	$20.4M	1.75%	+17,500	Timeline
SPOTSPOTIFY TECHNOLOGY S A	55,293	$20.4M	1.75%	+12,393	Timeline
AVGOBROADCOM INC	117,900	$20.3M	1.74%	+110,650	Timeline
AMZNAMAZON COM INC	101,850	$19M	1.63%	+51,600	Timeline
QIAGEN NVQIAGEN NV	408,780	$18.5M	1.58%	0
CATCATERPILLAR INC	46,400	$18.1M	1.56%	+5,530	Timeline
JPMJPMORGAN CHASE & CO	81,766	$17.2M	1.48%	-42,250	Timeline
TAT&T INC	747,100	$16.4M	1.41%	new	Timeline
AAPLAPPLE INC	69,470	$16.2M	1.39%	+26,720	Timeline
PANWPALO ALTO NETWORKS INC	46,500	$15.9M	1.36%	-5,000	Timeline
SNPSSYNOPSYS INC	31,150	$15.8M	1.35%	+3,150	Timeline
HDHOME DEPOT INC	37,500	$15.2M	1.3%	+12,500	Timeline
DHRDANAHER CORP DEL	53,900	$15M	1.29%	-6,000	Timeline
TMOTHERMO FISHER SCIENTIFIC INC	23,300	$14.4M	1.24%	-3,400	Timeline
AAGILENT TECHNOLOGIES INC	83,000	$12.3M	1.06%	0	Timeline
ADBEADOBE INC	23,000	$11.9M	1.02%	+5,200	Timeline
WABWABTEC	64,563	$11.7M	1.01%	0	Timeline
STLASTELLANTIS N.V	823,955	$11.4M	0.98%	-2,952,418	Timeline
GSGOLDMAN SACHS GROUP INC	22,500	$11.1M	0.96%	new	Timeline
NEENEXTERA ENERGY INC	130,000	$11M	0.94%	-24,000	Timeline
PGPROCTER & GAMBLE CO	59,800	$10.4M	0.89%	new	Timeline
DOLEDOLE PLC	629,370	$10.3M	0.88%	-165,598	Timeline
NOWSERVICENOW INC	10,600	$9.48M	0.81%	-4,600	Timeline
FISVFISERV INC	51,500	$9.25M	0.79%	new	Timeline
CRMSALESFORCE INC	33,800	$9.25M	0.79%	-6,200	Timeline
ETNEATON CORP PLC	27,713	$9.19M	0.79%	-1,630	Timeline
UBERUBER TECHNOLOGIES INC	121,716	$9.15M	0.78%	+30,666	Timeline
INTUINTUIT	14,400	$8.94M	0.77%	-1,400	Timeline
MDTMEDTRONIC PLC	98,359	$8.86M	0.76%	-69,641	Timeline
IFFINTERNATIONAL FLAVORS&FRAGRA	84,315	$8.85M	0.76%	0	Timeline
SNSHARKNINJA INC	81,350	$8.84M	0.76%	0	Timeline
SYKSTRYKER CORPORATION	24,400	$8.81M	0.76%	-2,500	Timeline
XYLXYLEM INC	65,000	$8.78M	0.75%	0	Timeline
LLYELI LILLY & CO	9,413	$8.34M	0.72%	-11,274	Timeline
FSLRFIRST SOLAR INC	31,500	$7.86M	0.67%	0	Timeline
ENPHENPHASE ENERGY INC	63,500	$7.18M	0.62%	0	Timeline
MAMASTERCARD INCORPORATED	14,300	$7.06M	0.61%	-6,700	Timeline
ACNACCENTURE PLC IRELAND	19,900	$7.03M	0.6%	-8,930	Timeline
NFLXNETFLIX INC.	9,513	$6.75M	0.58%	-9,967	Timeline
AMDADVANCED MICRO DEVICES INC	39,300	$6.45M	0.55%	0	Timeline
TALTAL ED GROUP	542,875	$6.43M	0.55%	-20,425	Timeline
AMATAPPLIED MATLS INC	29,200	$5.9M	0.51%	-9,050	Timeline
ANSYS INCANSYS INC	18,500	$5.89M	0.51%	-9,700
ZTSZOETIS INC	28,000	$5.47M	0.47%	0	Timeline
ISRGINTUITIVE SURGICAL INC	11,000	$5.4M	0.46%	0	Timeline
MELIMERCADOLIBRE INC	2,580	$5.31M	0.46%	-80	Timeline
TOSTTOAST INC	183,000	$5.18M	0.44%	-43,000	Timeline
DDOGDATADOG INC	43,000	$4.95M	0.42%	-42,000	Timeline
HDBHDFC BANK LTD	78,000	$4.88M	0.42%	-13,100	Timeline
PCORPROCORE TECHNOLOGIES INC	75,200	$4.64M	0.4%	-47,000	Timeline
DHID R HORTON INC	21,921	$4.18M	0.36%	new	Timeline
JCIJOHNSON CONTROLS INTERNATION	53,000	$4.11M	0.35%	0	Timeline
PDDPDD HOLDINGS INC	26,320	$3.55M	0.3%	0	Timeline
VEEVVEEVA SYS INC	16,000	$3.36M	0.29%	new	Timeline
CRWDCROWDSTRIKE HLDGS INC	11,950	$3.35M	0.29%	-8,050	Timeline
VLTOVERALTO CORP	28,332	$3.17M	0.27%	0	Timeline
ADIANALOG DEVICES INC	10,000	$2.3M	0.2%	new	Timeline
ARRYARRAY TECHNOLOGIES INC	280,500	$1.85M	0.16%	0	Timeline
VRTVERTIV HOLDINGS CO	17,500	$1.74M	0.15%	new	Timeline
SEDGSOLAREDGE TECHNOLOGIES INC	34,000	$779K	0.07%	0	Timeline
NUNU HLDGS LTD	53,000	$723K	0.06%	-36,000	Timeline
RLRALPH LAUREN CORP	3,322	$644K	0.06%	-30,038	Timeline
ASAMER SPORTS INC	7,994	$128K	0.01%	+1,551	Timeline
SKXSKECHERS U S A INC	1,890	$126K	0.01%	+160	Timeline
MSGSMADISON SQUARE GRDN SPRT COR	526	$110K	0.01%	-77	Timeline
MTNVAIL RESORTS INC	583	$102K	0.01%	0	Timeline
CALYCALLAWAY GOLF CO	8,761	$96.2K	0.01%	0	Timeline
FWONKLIBERTY MEDIA CORP DEL	1,234	$95.5K	0.01%	-495	Timeline
XPOFXPONENTIAL FITNESS INC	7,091	$87.9K	0.01%	+205	Timeline
EAELECTRONIC ARTS INC	611	$87.6K	0.01%	-250	Timeline
VFCV F CORP	4,258	$84.9K	0.01%	-82	Timeline
LTHLIFE TIME GROUP HOLDINGS INC	3,423	$83.6K	0.01%	-411	Timeline
PLNTPLANET FITNESS MASTER ISSUER	915	$74.3K	0.01%	-198	Timeline
COLMCOLUMBIA SPORTSWEAR CO	865	$72K	0.01%	0	Timeline
DOOBRP INC	1,021	$60.8K	0.01%	0	Timeline
MANUMANCHESTER UTD PLC NEW	3,261	$52.8K	<0.01%	0	Timeline
LULULULULEMON ATHLETICA INC	172	$46.7K	<0.01%	+58	Timeline
DECKDECKERS OUTDOOR CORP	288	$45.9K	<0.01%	+268	Timeline
DKSDICKS SPORTING GOODS INC	174	$36.3K	<0.01%	new	Timeline
ONONON HLDG AG	299	$15K	<0.01%	-5,746	Timeline

Options

Puts and calls, as filed. The amount and value describe the underlying shares, not the option premium, so they stay out of % of portfolio (H5).

Security	Type	Amount	Value	Change
QIAGEN NVQIAGEN NV COMMON STOCK-FO	call	2,200	$1.01M	0

Principal amounts

Notes and convertibles filed as a face amount (PRN). A face amount is never added to a share count (H6).

Security	Type	Amount	Value	Change
FORD MOTOR COMPANYFORD MOTOR COMPANY NOTE 3/1	principal	11,900,000	$11.7M	-1,000,000
AKAMAI TECHNOLOGIES INCAKAMAI TECHNOLOGIES INC NOTE 1.125% 2/1	principal	2,350,000	$2.39M	new
ZILLOW GROUP INCZILLOW GROUP INC NOTE 2.750% 5/1	principal	1,450,000	$1.64M	-400,000
BENTLEY SYS INCBENTLEY SYS INC NOTE 0.375% 7/0	principal	1,350,000	$1.24M	0
PALO ALTO NETWORKS INCPALO ALTO NETWORKS INC NOTE 0.375% 6/0	principal	270,000	$928K	+90,000
SPOTIFY USA INCSPOTIFY USA INC NOTE 3/1	principal	900,000	$898K	0
ENPHASE ENERGY INCENPHASE ENERGY INC NOTE 3/0	principal	900,000	$846K	0
SEAGATE HDD CAYMANSEAGATE HDD CAYMAN NOTE 3.500% 6/0	principal	550,000	$792K	new
EXACT SCIENCES CORPEXACT SCIENCES CORP NOTE 0.375% 3/0	principal	800,000	$749K	+270,000
INSULET CORPINSULET CORP NOTE 0.375% 9/0	principal	620,000	$742K	0
CLOUDFLARE INCCLOUDFLARE INC NOTE 8/1	principal	800,000	$741K	0
AMERICAN WTR CAP CORPAMERICAN WTR CAP CORP NOTE 3.625% 6/1	principal	700,000	$726K	new
SHIFT4 PMTS INCSHIFT4 PMTS INC NOTE 0.500% 8/0	principal	700,000	$722K	0
DEXCOM INCDEXCOM INC NOTE 0.375% 5/1	principal	800,000	$710K	new
H WORLD GROUP LTDH WORLD GROUP LTD Convertible bond	principal	600,000	$689K	+400,000
WORKIVA INCWORKIVA INC NOTE 1.250% 8/1	principal	650,000	$617K	new
ZSCALER INCZSCALER INC NOTE 0.125% 7/0	principal	500,000	$611K	0
Dropbox IncDropbox Inc Convertible bond	principal	600,000	$582K	0
NUTANIX INCNUTANIX INC Convertible	principal	450,000	$538K	-150,000
ETSY INCETSY INC NOTE 0.250% 6/1	principal	650,000	$533K	0
EXPEDIA GROUP INCEXPEDIA GROUP INC NOTE 2/1	principal	550,000	$525K	0
WAYFAIR INCWAYFAIR INC NOTE 3.250% 9/1	principal	400,000	$483K	+250,000
HALOZYME THERAPEUTICS INCHALOZYME THERAPEUTICS INC NOTE 1.000% 8/1	principal	400,000	$477K	new
BIOMARIN PHARMACEUTICAL INCBIOMARIN PHARMACEUTICAL INC NOTE 1.250% 5/1	principal	450,000	$431K	0
SAREPTA THERAPEUTICS INCSAREPTA THERAPEUTICS INC NOTE 1.250% 9/1	principal	370,000	$421K	new
ON SEMICONDUCTOR CORPON SEMICONDUCTOR CORP NOTE 0.500% 3/0	principal	350,000	$354K	0
PDD HOLDINGS INCPDD HOLDINGS INC NOTE 12/0	principal	350,000	$353K	+200,000
BLOCK INCBLOCK INC NOTE 5/0	principal	300,000	$277K	0
NIO INCNIO INC NOTE 4.625%10/1	principal	300,000	$271K	new
DROPBOX INCDROPBOX INC NOTE 3/0	principal	250,000	$242K	0
WIX COM LTDWIX COM LTD NOTE 8/1	principal	250,000	$239K	0
RAPID7 INCRAPID7 INC NOTE 0.250% 3/1	principal	250,000	$228K	-150,000
ETSY INCETSY INC NOTE 0.125%10/0	principal	80,000	$79.1K	0

Sold out in Q3 2024

Positions in the previous quarter's report that this quarter's report no longer lists.

Security	Shares before	Value before	Type
CARRCARRIER GLOBAL CORPORATION	294,253	$18.6M	shares
MRKMERCK & CO INC	118,896	$14.7M	shares
DVDOUBLEVERIFY HLDGS INC	309,000	$6.02M	shares
WDAYWORKDAY INC	21,000	$4.69M	shares
AIRBNB INC CLASS AAIRBNB INC CLASS A	1,400,000	$1.28M	principal
DELLDELL TECHNOLOGIES INC	9,240	$1.27M	shares
CYBERARK SOFTWARE LTDCYBERARK SOFTWARE LTD	700,000	$1.22M	principal
UNITY SOFTWARE INCUNITY SOFTWARE INC	1,400,000	$1.21M	principal
NICE LTDNICE LTD	900,000	$849K	principal
BLOCK INCBLOCK INC	600,000	$579K	principal
DEXCOM INCDEXCOM INC	450,000	$451K	principal
HUBSPOT INCHUBSPOT INC	100,000	$209K	principal
SNAP INCSNAP INC	250,000	$209K	principal
ARRAY TECHNOLOGIES INCARRAY TECHNOLOGIES INC	200,000	$162K	principal

How Q3 2024 was built

Available 13F filings of this filer for the quarter and their roles: the base report is the latest original or restatement, NEW HOLDINGS amendments filed after it are added (method).

Filing	Role	Amendment	Filed	Accepted	Ingested
13F-HR 0001104659-24-117685	base		2024-11-13	acceptance time not in the bulk data set	2026-10-07 18:26:56 UTC