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DNCA FINANCE

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13F filer, CIK 1752759, PARIS, France

DNCA FINANCE reported $1,309,443,683 across 109 holdings for the quarter ended 2025-06-30, in a 13F-HR filed 2025-08-13. Its ten largest share positions make up 46.34% of the portfolio.

Filed (acceptance time not in the bulk data set), ingested 13F-HR 0001104659-25-077566

Period
2025-06-30
Reported value
$1.31B
Holdings
109
Top 10 weight
46.34%
New
11
Sold out
37

Largest buys vs the previous quarter

SecurityShares changeApprox. value
QIAGEN N.V.new+519,418$24.9M
MSFTadded+33,750$16.8M
DISnew+122,519$15.2M
Vadded+33,923$12M
AVGOadded+42,695$11.8M

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

SecurityShares changeApprox. value
FLUTreduced-182,494-$51.6M
QIAGEN NVexited-526,725-$20.9M
Treduced-699,330-$20.2M
LINreduced-29,047-$13.6M
CRHreduced-126,031-$12M

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, Q2 2025

Share positions as resolved from 13F-HR 0001104659-25-077566, largest first. % of portfolio is the value over $1,309,443,683, the sum of the share positions whose value is usable for ratios (method).

SecurityHistorySharesValue% of portfolioChangeLatest eventTimeline
MSFTMICROSOFT CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 127,944 shares; 2024Q4: 140,850 shares; 2025Q1: 127,226 shares; 2025Q2: 160,976 shares 160,976$80.1M6.11%+33,750Timeline
VVISA INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 191,177 shares; 2024Q4: 199,447 shares; 2025Q1: 182,764 shares; 2025Q2: 216,687 shares 216,687$76.9M5.88%+33,923Timeline
NVDANVIDIA CORPORATIONQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 388,748 shares; 2024Q4: 372,124 shares; 2025Q1: 388,495 shares; 2025Q2: 453,260 shares 453,260$71.6M5.47%+64,765Timeline
FLUTFLUTTER ENTMT PLCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 526,075 shares; 2024Q4: 490,751 shares; 2025Q1: 432,945 shares; 2025Q2: 250,451 shares 250,451$70.8M5.41%-182,494Timeline
METAMETA PLATFORMS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 89,308 shares; 2024Q4: 81,248 shares; 2025Q1: 88,413 shares; 2025Q2: 93,520 shares 93,520$69M5.27%+5,107Timeline
RACEFERRARI N VQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 82,965 shares; 2024Q4: 100,731 shares; 2025Q1: 132,107 shares; 2025Q2: 130,435 shares 130,435$63.7M4.87%-1,672Timeline
CRHCRH PLCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 942,426 shares; 2024Q4: 764,356 shares; 2025Q1: 661,588 shares; 2025Q2: 535,557 shares 535,557$51M3.89%-126,031Timeline
AVGOBROADCOM INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 117,900 shares; 2024Q4: 121,905 shares; 2025Q1: 128,205 shares; 2025Q2: 170,900 shares 170,900$47.1M3.6%+42,695Timeline
NFLXNETFLIX INC.Quarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 9,513 shares; 2024Q4: 16,177 shares; 2025Q1: 28,110 shares; 2025Q2: 29,992 shares 29,992$40.2M3.07%+1,882Timeline
WMTWALMART INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 232,332 shares; 2025Q1: 353,520 shares; 2025Q2: 371,519 shares 371,519$36.3M2.77%+17,999Timeline
AMZNAMAZON COM INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 101,850 shares; 2024Q4: 120,050 shares; 2025Q1: 133,376 shares; 2025Q2: 138,850 shares 138,850$30.5M2.33%+5,474Timeline
GOOGLALPHABET INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 148,000 shares; 2024Q4: 142,076 shares; 2025Q1: 154,076 shares; 2025Q2: 171,500 shares 171,500$30.2M2.31%+17,424Timeline
ORCLORACLE CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 102,211 shares; 2025Q1: 71,950 shares; 2025Q2: 117,217 shares 117,217$25.6M1.96%+45,267Timeline
QIAGEN N.V.QIAGEN N.V.Quarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 519,418 shares 519,418$24.9M1.9%new
JPMJPMORGAN CHASE & COQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 81,766 shares; 2024Q4: 83,866 shares; 2025Q1: 83,471 shares; 2025Q2: 83,727 shares 83,727$24.3M1.85%+256Timeline
DEDEERE & COQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 60,300 shares; 2024Q4: 68,300 shares; 2025Q1: 64,350 shares; 2025Q2: 46,980 shares 46,980$23.9M1.82%-17,370Timeline
LINLINDE PLCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 62,780 shares; 2024Q4: 80,640 shares; 2025Q1: 76,260 shares; 2025Q2: 47,213 shares 47,213$22.2M1.69%-29,047Timeline
PANWPALO ALTO NETWORKS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 46,500 shares; 2024Q4: 99,800 shares; 2025Q1: 102,800 shares; 2025Q2: 103,650 shares 103,650$21.2M1.62%+850Timeline
MAMASTERCARD INCORPORATEDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 14,300 shares; 2024Q4: 29,900 shares; 2025Q1: 33,850 shares; 2025Q2: 35,850 shares 35,850$20.1M1.54%+2,000Timeline
SPOTSPOTIFY TECHNOLOGY S AQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 55,293 shares; 2024Q4: 22,500 shares; 2025Q1: 16,159 shares; 2025Q2: 25,800 shares 25,800$19.8M1.51%+9,641Timeline
TTTRANE TECHNOLOGIES PLCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 52,500 shares; 2024Q4: 40,000 shares; 2025Q1: 40,000 shares; 2025Q2: 45,000 shares 45,000$19.7M1.5%+5,000Timeline
AAPLAPPLE INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 69,470 shares; 2024Q4: 134,801 shares; 2025Q1: 134,800 shares; 2025Q2: 95,904 shares 95,904$19.7M1.5%-38,896Timeline
SNPSSYNOPSYS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 31,150 shares; 2024Q4: 43,000 shares; 2025Q1: 38,800 shares; 2025Q2: 36,210 shares 36,210$18.6M1.42%-2,590Timeline
MELIMERCADOLIBRE INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 2,580 shares; 2024Q4: 2,580 shares; 2025Q1: 5,309 shares; 2025Q2: 6,687 shares 6,687$17.5M1.33%+1,378Timeline
GSGOLDMAN SACHS GROUP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 22,500 shares; 2024Q4: 27,155 shares; 2025Q1: 32,500 shares; 2025Q2: 24,000 shares 24,000$17M1.3%-8,500Timeline
TSMTAIWAN SEMICONDUCTOR MANUFACQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 154,500 shares; 2024Q4: 164,030 shares; 2025Q1: 101,810 shares; 2025Q2: 72,570 shares 72,570$16.4M1.26%-29,240Timeline
DISDISNEY WALT COQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 122,519 shares 122,519$15.2M1.16%newTimeline
HDHOME DEPOT INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 37,500 shares; 2024Q4: 37,500 shares; 2025Q1: 40,000 shares; 2025Q2: 40,000 shares 40,000$14.7M1.12%0Timeline
CRWDCROWDSTRIKE HLDGS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 11,950 shares; 2024Q4: 18,100 shares; 2025Q1: 18,200 shares; 2025Q2: 27,600 shares 27,600$14.1M1.07%+9,400Timeline
DHID R HORTON INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 21,921 shares; 2024Q4: 33,200 shares; 2025Q1: 77,500 shares; 2025Q2: 92,500 shares 92,500$11.9M0.91%+15,000Timeline
ISRGINTUITIVE SURGICAL INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 11,000 shares; 2024Q4: 9,650 shares; 2025Q1: 9,950 shares; 2025Q2: 21,050 shares 21,050$11.4M0.87%+11,100Timeline
MMM3M COQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 55,000 shares; 2025Q2: 75,000 shares 75,000$11.4M0.87%+20,000Timeline
XYLXYLEM INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 65,000 shares; 2024Q4: 91,500 shares; 2025Q1: 96,000 shares; 2025Q2: 87,500 shares 87,500$11.3M0.86%-8,500Timeline
BKNGBOOKING HOLDINGS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 1,100 shares; 2025Q1: 1,650 shares; 2025Q2: 1,923 shares 1,923$11.1M0.85%+273Timeline
DHRDANAHER CORP DELQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 53,900 shares; 2024Q4: 63,500 shares; 2025Q1: 57,500 shares; 2025Q2: 52,000 shares 52,000$10.3M0.78%-5,500Timeline
ANETARISTA NETWORKS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 50,500 shares; 2025Q2: 95,000 shares 95,000$9.72M0.74%+44,500Timeline
VEEVVEEVA SYS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 16,000 shares; 2024Q4: 35,300 shares; 2025Q1: 42,400 shares; 2025Q2: 32,975 shares 32,975$9.5M0.73%-9,425Timeline
CRMSALESFORCE INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 33,800 shares; 2024Q4: 34,100 shares; 2025Q1: 21,100 shares; 2025Q2: 34,700 shares 34,700$9.46M0.72%+13,600Timeline
ZTSZOETIS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 28,000 shares; 2024Q4: 68,000 shares; 2025Q1: 67,800 shares; 2025Q2: 59,800 shares 59,800$9.33M0.71%-8,000Timeline
KOCOCA COLA COQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 157,482 shares; 2025Q2: 125,000 shares 125,000$8.84M0.68%-32,482Timeline
DOLEDOLE PLCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 629,370 shares; 2024Q4: 629,370 shares; 2025Q1: 629,370 shares; 2025Q2: 629,370 shares 629,370$8.8M0.67%0Timeline
TMOTHERMO FISHER SCIENTIFIC INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 23,300 shares; 2024Q4: 26,600 shares; 2025Q1: 22,950 shares; 2025Q2: 20,950 shares 20,950$8.49M0.65%-2,000Timeline
MDTMEDTRONIC PLCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 98,359 shares; 2024Q4: 141,750 shares; 2025Q1: 81,550 shares; 2025Q2: 95,550 shares 95,550$8.33M0.64%+14,000Timeline
SYKSTRYKER CORPORATIONQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 24,400 shares; 2024Q4: 21,350 shares; 2025Q1: 20,650 shares; 2025Q2: 20,650 shares 20,650$8.17M0.62%0Timeline
AMDADVANCED MICRO DEVICES INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 39,300 shares; 2024Q4: 31,800 shares; 2025Q1: 32,800 shares; 2025Q2: 56,800 shares 56,800$8.06M0.62%+24,000Timeline
WABWABTECQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 64,563 shares; 2024Q4: 42,500 shares; 2025Q1: 40,400 shares; 2025Q2: 36,060 shares 36,060$7.55M0.58%-4,340Timeline
ADSKAUTODESK INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 13,250 shares; 2025Q1: 13,650 shares; 2025Q2: 23,500 shares 23,500$7.27M0.56%+9,850Timeline
FISVFISERV INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 51,500 shares; 2024Q4: 46,250 shares; 2025Q1: 41,850 shares; 2025Q2: 41,850 shares 41,850$7.22M0.55%0Timeline
NOWSERVICENOW INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 10,600 shares; 2024Q4: 9,800 shares; 2025Q1: 6,100 shares; 2025Q2: 7,000 shares 7,000$7.2M0.55%+900Timeline
TOSTTOAST INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 183,000 shares; 2024Q4: 139,500 shares; 2025Q1: 92,450 shares; 2025Q2: 155,500 shares 155,500$6.89M0.53%+63,050Timeline
ADBEADOBE INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 23,000 shares; 2024Q4: 16,000 shares; 2025Q1: 16,500 shares; 2025Q2: 16,500 shares 16,500$6.38M0.49%0Timeline
VRTVERTIV HOLDINGS COQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 17,500 shares; 2024Q4: 39,500 shares; 2025Q1: 60,500 shares; 2025Q2: 48,360 shares 48,360$6.21M0.47%-12,140Timeline
NDAQNASDAQ INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 66,100 shares; 2025Q1: 68,100 shares; 2025Q2: 68,100 shares 68,100$6.09M0.47%0Timeline
INTUINTUITQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 14,400 shares; 2024Q4: 11,100 shares; 2025Q1: 6,800 shares; 2025Q2: 6,800 shares 6,800$5.36M0.41%0Timeline
FSLRFIRST SOLAR INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 31,500 shares; 2024Q4: 36,647 shares; 2025Q1: 36,500 shares; 2025Q2: 32,090 shares 32,090$5.31M0.41%-4,410Timeline
ROPROPER TECHNOLOGIES INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 9,550 shares; 2025Q2: 8,550 shares 8,550$4.85M0.37%-1,000Timeline
SNOWSNOWFLAKE INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 27,350 shares; 2025Q1: 20,300 shares; 2025Q2: 20,300 shares 20,300$4.54M0.35%0Timeline
UBERUBER TECHNOLOGIES INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 121,716 shares; 2024Q4: 89,700 shares; 2025Q1: 41,400 shares; 2025Q2: 47,882 shares 47,882$4.47M0.34%+6,482Timeline
TAT&T INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 747,100 shares; 2024Q4: 717,000 shares; 2025Q1: 846,630 shares; 2025Q2: 147,300 shares 147,300$4.26M0.33%-699,330Timeline
TTDTHE TRADE DESK INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 58,800 shares 58,800$4.23M0.32%newTimeline
VLTOVERALTO CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 28,332 shares; 2024Q4: 48,000 shares; 2025Q1: 44,500 shares; 2025Q2: 40,500 shares 40,500$4.09M0.31%-4,000Timeline
MUMICRON TECHNOLOGY INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 53,000 shares; 2025Q1: 46,000 shares; 2025Q2: 31,000 shares 31,000$3.82M0.29%-15,000Timeline
DDOGDATADOG INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 43,000 shares; 2024Q4: 36,600 shares; 2025Q1: 28,200 shares; 2025Q2: 28,200 shares 28,200$3.79M0.29%0Timeline
ACNACCENTURE PLC IRELANDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 19,900 shares; 2024Q4: 15,000 shares; 2025Q1: 11,450 shares; 2025Q2: 11,450 shares 11,450$3.42M0.26%0Timeline
HDBHDFC BANK LTDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 78,000 shares; 2024Q4: 78,000 shares; 2025Q1: 40,800 shares; 2025Q2: 39,800 shares 39,800$3.05M0.23%-1,000Timeline
PCORPROCORE TECHNOLOGIES INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 75,200 shares; 2024Q4: 40,200 shares; 2025Q1: 42,400 shares; 2025Q2: 42,400 shares 42,400$2.9M0.22%0Timeline
CRCLCIRCLE INTERNET GROUP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 15,000 shares 15,000$2.72M0.21%newTimeline
STLASTELLANTIS N.VQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 823,955 shares; 2024Q4: 759,230 shares; 2025Q1: 827,232 shares; 2025Q2: 250,876 shares 250,876$2.51M0.19%-576,356Timeline
NEENEXTERA ENERGY INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 130,000 shares; 2024Q4: 158,500 shares; 2025Q1: 131,850 shares; 2025Q2: 32,350 shares 32,350$2.25M0.17%-99,500Timeline
WMWASTE MGMT INC DELQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 28,000 shares; 2025Q1: 26,900 shares; 2025Q2: 7,600 shares 7,600$1.74M0.13%-19,300Timeline
LLYELI LILLY & COQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 9,413 shares; 2024Q4: 9,122 shares; 2025Q1: 8,200 shares; 2025Q2: 2,100 shares 2,100$1.64M0.13%-6,100Timeline
JCIJOHNSON CONTROLS INTERNATIONQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 53,000 shares; 2024Q4: 53,000 shares; 2025Q1: 77,900 shares; 2025Q2: 11,400 shares 11,400$1.2M0.09%-66,500Timeline
HWMHOWMET AEROSPACE INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 5,000 shares 5,000$931K0.07%newTimeline
BABAALIBABA GROUP HLDG LTDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 104,580 shares; 2025Q2: 7,653 shares 7,653$868K0.07%-96,927Timeline
ONONON HLDG AGQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 299 shares; 2024Q4: 4,454 shares; 2025Q1: not reported; 2025Q2: 8,751 shares 8,751$455K0.03%newTimeline

Principal amounts

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

SecurityTypeAmountValueChange
ALIBABA GROUP HLDG LTDALIBABA GROUP HLDG LTD NOTE 0.500% 6/0principal3,500,000$4.44Mnew
UBER TECHNOLOGIES INCUBER TECHNOLOGIES INC NOTE 0.875%12/0principal950,000$1.35M-200,000
LUMENTUM HLDGS INCLUMENTUM HLDGS INC NOTE 0.500% 6/1principal1,300,000$1.35M+400,000
RIVIAN AUTOMOTIVE INCRIVIAN AUTOMOTIVE INC NOTE 3.625%10/1principal1,380,000$1.25M0
TRIP COM GROUP LTDTRIP COM GROUP LTD NOTE 0.750% 6/1principal1,000,000$1.11Mnew
MKS INC.MKS INC. NOTE 1.250% 6/0principal1,100,000$1.09Mnew
ON SEMICONDUCTOR CORPON SEMICONDUCTOR CORP NOTE 0.500% 3/0principal1,170,000$1.08M+450,000
SPOTIFY USA INCSPOTIFY USA INC NOTE 3/1principal700,000$1.06M0
CLOUDFLARE INCCLOUDFLARE INC NOTE 8/1principal780,000$922K-120,000
GLOBAL PMTS INCGLOBAL PMTS INC NOTE 1.500% 3/0principal1,000,000$898K-7,200,000
NEXTERA ENERGY CAP HLDGS INCNEXTERA ENERGY CAP HLDGS INC NOTE 3.000% 3/0principal750,000$860K0
DEXCOM INCDEXCOM INC NOTE 0.375% 5/1principal900,000$846K0
PARSONS CORP DELPARSONS CORP DEL NOTE 2.625% 3/0principal750,000$808K0
WAYFAIR INCWAYFAIR INC NOTE 3.250% 9/1principal700,000$806K0
EXACT SCIENCES CORPEXACT SCIENCES CORP NOTE 0.375% 3/0principal800,000$730K0
HALOZYME THERAPEUTICS INCHALOZYME THERAPEUTICS INC NOTE 1.000% 8/1principal630,000$721K0
SHIFT4 PMTS INCSHIFT4 PMTS INC NOTE 0.500% 8/0principal640,000$688K+250,000
JD.COM INCJD.COM INC NOTE 0.250% 6/0principal650,000$678Knew
FORD MOTOR COMPANYFORD MOTOR COMPANY NOTE 3/1principal650,000$641K-150,000
WORKIVA INCWORKIVA INC NOTE 1.250% 8/1principal650,000$607K0
Dropbox IncDropbox Inc Convertible bondprincipal600,000$594K0
BENTLEY SYS INCBENTLEY SYS INC NOTE 0.375% 7/0principal600,000$566K-250,000
Shopify IncShopify Inc Convertible bondprincipal550,000$560K+200,000
HAEMONETICS CORP MASSHAEMONETICS CORP MASS NOTE 2.500% 6/0principal550,000$550Knew
REPLIGEN CORPREPLIGEN CORP NOTE 1.000%12/1principal550,000$547K0
EXPEDIA GROUP INCEXPEDIA GROUP INC NOTE 2/1principal550,000$537K0
LIBERTY MEDIA CORP DELLIBERTY MEDIA CORP DEL NOTE 2.250% 8/1principal300,000$405K0
FLUOR CORPFLUOR CORP NOTE 1.125% 8/1principal300,000$396K-400,000
AKAMAI TECHNOLOGIES INCAKAMAI TECHNOLOGIES INC NOTE 1.125% 2/1principal400,000$381K-5,650,000
SEAGATE HDD CAYMANSEAGATE HDD CAYMAN NOTE 3.500% 6/0principal200,000$360K-920,000
INSULET CORPINSULET CORP NOTE 0.375% 9/0principal240,000$337K-380,000
H WORLD GROUP LTDH WORLD GROUP LTD Convertible bondprincipal300,000$322K-300,000
DROPBOX INCDROPBOX INC NOTE 3/0principal250,000$254K0
ETSY INCETSY INC NOTE 0.125%10/0principal80,000$77.8K0

Sold out in Q2 2025

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

SecurityShares beforeValue beforeType
QIAGEN NVQIAGEN NV526,725$20.9Mshares
KRKROGER CO125,000$8.46Mshares
IFFINTERNATIONAL FLAVORS&FRAGRA94,100$7.3Mshares
ADIANALOG DEVICES INC25,400$5.12Mshares
ENPHENPHASE ENERGY INC70,000$4.34Mshares
PDD HOLDINGS INCPDD HOLDINGS INC3,850,000$3.82Mprincipal
ANSYS INC COMANSYS INC COM12,050$3.81Mshares
TALTAL ED GROUP245,875$3.25Mshares
ENPHASE ENERGY INCENPHASE ENERGY INC1,450,000$1.38Mprincipal
ARRYARRAY TECHNOLOGIES INC280,500$1.37Mshares
HSAIHESAI GROUP50,000$740Kshares
AMERICAN WTR CAP CORPAMERICAN WTR CAP CORP700,000$725Kprincipal
ZSCALER INCZSCALER INC500,000$661Kprincipal
ZILLOW GROUP INCZILLOW GROUP INC570,000$599Kprincipal
PALO ALTO NETWORKS INCPALO ALTO NETWORKS INC170,000$580Kprincipal
AKAMAI TECHNOLOGIES INCAKAMAI TECHNOLOGIES INC550,000$548Kprincipal
SAREPTA THERAPEUTICS INCSAREPTA THERAPEUTICS INC570,000$531Kprincipal
BIOMARIN PHARMACEUTICAL INCBIOMARIN PHARMACEUTICAL INC450,000$427Kprincipal
JKSJINKOSOLAR HLDG CO LTD18,000$336Kshares
NIO INCNIO INC450,000$323Kprincipal
NUTANIX INCNUTANIX INC180,000$239Kprincipal
SKXSKECHERS U S A INC1,870$106Kshares
EAELECTRONIC ARTS INC691$99.9Kshares
MSGSMADISON SQUARE GRDN SPRT COR463$90.2Kshares
LULULULULEMON ATHLETICA INC301$85.2Kshares
FWONKLIBERTY MEDIA CORP DEL872$78.5Kshares
MTNVAIL RESORTS INC466$74.6Kshares
DECKDECKERS OUTDOOR CORP662$74Kshares
PLNTPLANET FITNESS MASTER ISSUER736$71.1Kshares
DKSDICKS SPORTING GOODS INC335$67.5Kshares
COLMCOLUMBIA SPORTSWEAR CO865$65.5Kshares
VFCV F CORP3,841$59.6Kshares
CALYCALLAWAY GOLF CO8,761$57.7Kshares
XPOFXPONENTIAL FITNESS INC5,966$49.7Kshares
DOOBRP INC1,390$46.9Kshares
LTHLIFE TIME GROUP HOLDINGS INC1,448$43.7Kshares
MANUMANCHESTER UTD PLC NEW2,258$29.6Kshares

How Q2 2025 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).

FilingRoleAmendmentFiledAcceptedIngested
13F-HR 0001104659-25-077566 base2025-08-13acceptance time not in the bulk data set