ADAPT Investment Managers SA 13F holdings, Q4 2025
Holdings as of December 31, 2025 · filings on SEC EDGAR · latest filing →
ADAPT Investment Managers SA disclosed 28 US equity positions worth $494.7m in its Q4 2025 13F filing. The largest position was MSFT at 11.2% of the reported book, followed by GLD and SMH. Against the Q3 2025 filing, it opened 12 new positions, added to 10 and reduced 6 among the top 28 holdings.
What did ADAPT Investment Managers SA own in Q4 2025? Top 28 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2025 |
|---|---|---|---|---|---|---|---|
| 1 | MSFT MICROSOFT CORP | Technology | 11.2% | $55.5m | 114,825 | 223% | added |
| 2 | GLD SPDR GOLD TR | 11.2% | $55.4m | 139,900 | – | new | |
| 3 | SMH VANECK ETF TRUST | 8.0% | $39.3m | 109,241 | 217% | added | |
| 4 | AMZN AMAZON COM INC | Consumer Cyclical | 7.8% | $38.7m | 167,550 | 81% | added |
| 5 | AVGO BROADCOM INC | Technology | 7.2% | $35.5m | 102,652 | -36% | reduced |
| 6 | ZS ZSCALER INC | Technology | 5.1% | $25.3m | 112,413 | – | new |
| 7 | COIN COINBASE GLOBAL INC | Financial Services | 4.8% | $23.7m | 104,840 | – | new |
| 8 | DDOG DATADOG INC | Technology | 4.4% | $21.8m | 160,121 | – | new |
| 9 | HD HOME DEPOT INC | Consumer Cyclical | 4.2% | $20.8m | 60,470 | 404% | added |
| 10 | NVDA NVIDIA CORPORATION | Technology | 3.9% | $19.2m | 103,032 | -85% | reduced |
| 11 | INTU INTUIT | Technology | 3.8% | $18.6m | 28,023 | 52% | added |
| 12 | FXI ISHARES TR | 3.6% | $17.7m | 463,524 | – | new | |
| 13 | ADSK AUTODESK INC | Technology | 3.3% | $16.5m | 55,648 | 862% | added |
| 14 | TSLA TESLA INC | Consumer Cyclical | 3.0% | $15.1m | 33,530 | -60% | reduced |
| 15 | LOW LOWES COS INC | Consumer Cyclical | 2.9% | $14.2m | 58,970 | 107% | added |
| 16 | AAPL APPLE INC | Technology | 2.5% | $12.3m | 45,400 | – | new |
| 17 | LEN LENNAR CORP | Consumer Cyclical | 2.4% | $11.7m | 114,143 | – | new |
| 18 | META META PLATFORMS INC | Communication Services | 1.9% | $9.5m | 14,460 | -69% | reduced |
| 19 | TTD THE TRADE DESK INC | Communication Services | 1.6% | $8.0m | 211,437 | -22% | reduced |
| 20 | NKE NIKE INC | Consumer Cyclical | 1.4% | $7.1m | 111,213 | 580% | added |
| 21 | OKTA OKTA INC | Technology | 1.3% | $6.4m | 73,789 | 984% | added |
| 22 | XYZ BLOCK INC | Technology | 1.3% | $6.3m | 97,114 | -22% | reduced |
| 23 | ADI ANALOG DEVICES INC | Technology | 0.9% | $4.5m | 16,435 | – | new |
| 24 | MRVL MARVELL TECHNOLOGY INC | Technology | 0.8% | $4.1m | 47,955 | – | new |
| 25 | NFLX NETFLIX INC | Communication Services | 0.6% | $3.1m | 33,000 | 900% | added |
| 26 | AMAT APPLIED MATLS INC | Technology | 0.5% | $2.6m | 10,177 | – | new |
| 27 | VZ VERIZON COMMUNICATIONS INC | Communication Services | 0.3% | $1.5m | 36,555 | – | new |
| 28 | NEE NEXTERA ENERGY INC | Utilities | 0.0% | $144.6k | 1,801 | – | new |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.