Varenne Capital Partners 13F holdings, Q3 2025
Holdings as of September 30, 2025 · filings on SEC EDGAR · latest filing →
Varenne Capital Partners disclosed 21 US equity positions worth $473.9m in its Q3 2025 13F filing. The largest position was APH at 15.7% of the reported book, followed by TEL and ANET. Against the Q2 2025 filing, it opened 14 new positions, added to 1 and reduced 6 among the top 21 holdings.
What did Varenne Capital Partners own in Q3 2025? Top 21 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q2 2025 |
|---|---|---|---|---|---|---|---|
| 1 | APH AMPHENOL CORP NEW | Technology | 15.7% | $74.5m | 601,936 | -22% | reduced |
| 2 | TEL TE CONNECTIVITY PLC | Technology | 14.3% | $68.0m | 309,707 | – | new |
| 3 | ANET ARISTA NETWORKS INC | Technology | 13.7% | $64.7m | 444,004 | -14% | reduced |
| 4 | WAB WABTEC | Industrials | 11.1% | $52.6m | 262,242 | -5% | reduced |
| 5 | UHS UNIVERSAL HLTH SVCS INC | Healthcare | 7.9% | $37.7m | 184,257 | – | new |
| 6 | DIS DISNEY WALT CO | Communication Services | 6.2% | $29.2m | 254,970 | -9% | reduced |
| 7 | GLW CORNING INC | Technology | 5.5% | $26.0m | 316,577 | – | new |
| 8 | UBER UBER TECHNOLOGIES INC | Technology | 5.2% | $24.4m | 249,097 | – | new |
| 9 | NFLX NETFLIX INC | Communication Services | 5.1% | $24.4m | 20,327 | -10% | reduced |
| 10 | ADSK AUTODESK INC | Technology | 4.6% | $21.6m | 67,873 | – | new |
| 11 | ADBE ADOBE INC | Technology | 3.5% | $16.6m | 47,086 | -11% | reduced |
| 12 | CVS CVS HEALTH CORP | Healthcare | 2.1% | $9.9m | 131,950 | – | new |
| 13 | GEV GE VERNOVA INC | Industrials | 1.0% | $4.9m | 7,923 | – | new |
| 14 | MU MICRON TECHNOLOGY INC | Technology | 0.9% | $4.0m | 24,186 | – | new |
| 15 | NKE NIKE INC | Consumer Cyclical | 0.8% | $3.7m | 53,359 | – | new |
| 16 | WNS HLDGS LTD | 0.8% | $3.6m | 47,498 | – | new | |
| 17 | AVDX AVIDXCHANGE HOLDINGS INC | 0.5% | $2.3m | 228,987 | 133811% | added | |
| 18 | BKNG BOOKING HOLDINGS INC | Consumer Cyclical | 0.3% | $1.6m | 293 | – | new |
| 19 | ZM ZOOM COMMUNICATIONS INC | Technology | 0.3% | $1.6m | 18,848 | – | new |
| 20 | AVGO BROADCOM INC | Technology | 0.3% | $1.5m | 4,437 | – | new |
| 21 | GEHC GE HEALTHCARE TECHNOLOGIES I | Healthcare | 0.3% | $1.2m | 16,531 | – | 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.