Eschler Asset Management LLP 13F holdings, Q4 2025
Holdings as of December 31, 2025 · filings on SEC EDGAR · latest filing →
Eschler Asset Management LLP disclosed 55 US equity positions worth $147.1m in its Q4 2025 13F filing. The largest position was GDXJ at 15.5% of the reported book, followed by AGI and NEM. Against the Q3 2025 filing, it opened 21 new positions, added to 16 and reduced 7 among the top 50 holdings.
What did Eschler Asset Management LLP own in Q4 2025? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2025 |
|---|---|---|---|---|---|---|---|
| 1 | GDXJ VANECK ETF TRUST | 15.5% | $22.8m | 200,000 | 259% | added | |
| 2 | AGI ALAMOS GOLD INC NEW | Basic Materials | 13.7% | $20.1m | 521,620 | 135% | added |
| 3 | NEM NEWMONT CORP | Basic Materials | 11.9% | $17.5m | 175,000 | 0% | held |
| 4 | IAUX I-80 GOLD CORP | 7.4% | $10.9m | 7,500,000 | 0% | held | |
| 5 | HL HECLA MNG CO | Basic Materials | 3.3% | $4.8m | 250,000 | – | new |
| 6 | VOO VANGUARD INDEX FDS | 3.2% | $4.7m | 7,552 | – | new | |
| 7 | VXUS VANGUARD STAR FDS | 3.2% | $4.7m | 62,218 | – | new | |
| 8 | GOOG ALPHABET INC | Communication Services | 3.1% | $4.6m | 14,690 | – | new |
| 9 | BSV VANGUARD BD INDEX FDS | 2.6% | $3.8m | 48,682 | – | new | |
| 10 | META META PLATFORMS INC | Communication Services | 2.4% | $3.6m | 5,396 | -7% | reduced |
| 11 | SBSW SIBANYE STILLWATER LTD | Basic Materials | 2.3% | $3.4m | 235,475 | 229% | added |
| 12 | NVDA NVIDIA CORPORATION | Technology | 2.3% | $3.3m | 17,930 | 146% | added |
| 13 | BZ KANZHUN LIMITED | Communication Services | 2.1% | $3.1m | 150,000 | 0% | held |
| 14 | IMCR IMMUNOCORE HLDGS PLC | Healthcare | 1.9% | $2.8m | 80,000 | 100% | added |
| 15 | CDE COEUR MNG INC | Basic Materials | 1.6% | $2.3m | 128,690 | – | new |
| 16 | AVGO BROADCOM INC | Technology | 1.5% | $2.2m | 6,449 | – | new |
| 17 | SSRM SSR MINING IN | Basic Materials | 1.5% | $2.2m | 98,930 | – | new |
| 18 | BTG B2GOLD CORP | Basic Materials | 1.4% | $2.1m | 469,257 | – | new |
| 19 | EZA ISHARES INC | 1.3% | $1.9m | 27,000 | – | new | |
| 20 | FUTU FUTU HLDGS LTD | Financial Services | 1.2% | $1.8m | 11,000 | – | new |
| 21 | HMY HARMONY GOLD MINING CO LTD | Basic Materials | 1.0% | $1.4m | 70,596 | 508% | added |
| 22 | MSOS ADVISORSHARES TR | 1.0% | $1.4m | 296,784 | 244% | added | |
| 23 | IAG IAMGOLD CORP | Basic Materials | 0.9% | $1.4m | 84,717 | – | new |
| 24 | ENVA ENOVA INTL INC | Financial Services | 0.9% | $1.4m | 8,812 | 161% | added |
| 25 | ARKX ARK ETF TR | 0.9% | $1.3m | 45,383 | – | new | |
| 26 | NU NU HLDGS LTD | Financial Services | 0.8% | $1.2m | 70,000 | -18% | reduced |
| 27 | KSPI KASPI KZ JSC | 0.7% | $1.1m | 13,975 | 89% | added | |
| 28 | BLDR BUILDERS FIRSTSOURCE INC | Industrials | 0.7% | $993.9k | 9,660 | – | new |
| 29 | SAM BOSTON BEER INC | Consumer Defensive | 0.6% | $897.6k | 4,600 | 84% | added |
| 30 | HCA HCA HEALTHCARE INC | Healthcare | 0.6% | $891.7k | 1,910 | – | new |
| 31 | NRP NATURAL RESOURCE PARTNERS L | 0.6% | $835.2k | 8,000 | 0% | held | |
| 32 | BLK BLACKROCK INC | Financial Services | 0.6% | $815.6k | 762 | -5% | reduced |
| 33 | HSAI HESAI GROUP | 0.5% | $739.2k | 33,000 | 7% | added | |
| 34 | MELI MERCADOLIBRE INC | Consumer Cyclical | 0.5% | $733.0k | 364 | 132% | added |
| 35 | VALARIS LTD | 0.5% | $720.7k | 14,300 | 10% | added | |
| 36 | RIG TRANSOCEAN LTD | Energy | 0.4% | $594.7k | 144,000 | 20% | added |
| 37 | GDS GDS HLDGS LTD | Technology | 0.4% | $568.9k | 16,300 | -97% | reduced |
| 38 | RBLX ROBLOX CORP | Communication Services | 0.4% | $555.1k | 6,850 | 0% | held |
| 39 | SA SEABRIDGE GOLD INC | 0.4% | $532.6k | 18,000 | 0% | held | |
| 40 | RGLD ROYAL GOLD INC | Basic Materials | 0.4% | $516.8k | 2,325 | – | new |
| 41 | FLUTTER ENTMT PLC | 0.3% | $508.1k | 2,363 | -50% | reduced | |
| 42 | PONY PONY AI INC | Technology | 0.3% | $503.1k | 34,700 | -23% | reduced |
| 43 | AMZN AMAZON COM INC | Consumer Cyclical | 0.3% | $501.6k | 2,173 | 1% | added |
| 44 | VALE VALE S A | Basic Materials | 0.3% | $456.1k | 35,000 | – | new |
| 45 | WWD WOODWARD INC | Industrials | 0.3% | $441.4k | 1,460 | – | new |
| 46 | SE SEA LTD | Consumer Cyclical | 0.3% | $433.7k | 3,400 | -94% | reduced |
| 47 | KTOS KRATOS DEFENSE & SEC SOLUTIO | Industrials | 0.3% | $431.1k | 5,679 | – | new |
| 48 | FSLR FIRST SOLAR INC | Technology | 0.3% | $419.0k | 1,604 | 49% | added |
| 49 | HUT HUT 8 CORP | Financial Services | 0.3% | $413.0k | 8,990 | – | new |
| 50 | CRON CRONOS GROUP INC | Healthcare | 0.3% | $378.7k | 143,998 | – | 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.