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Zeno Equity Partners LLP 13F holdings, Q4 2025

Holdings as of December 31, 2025 · filings on SEC EDGAR · latest filing →

Zeno Equity Partners LLP disclosed 11 US equity positions worth $241.2m in its Q4 2025 13F filing. The largest position was LIN at 23.9% of the reported book, followed by DHR and SGI. Against the Q3 2025 filing, it opened 2 new positions, added to 3 and reduced 4 among the top 11 holdings.

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What did Zeno Equity Partners LLP own in Q4 2025? Top 11 positions

#StockSectorWeightValueSharesΔ sharesvs Q3 2025
1 LIN HEICO CL A ORD Basic Materials 23.9%$57.6m169,961 105% added
2 DHR DANAHER ORD Healthcare 21.2%$51.2m223,448 -16% reduced
3 SGI SOMNIGROUP INTERNATIONAL ORD Consumer Cyclical 9.9%$23.9m267,584 15% added
4 WALDENCAST CL A ORD 9.6%$23.0m12,252,580 0% held
5 AMZN AMAZON COM ORD Consumer Cyclical 9.2%$22.1m95,684 -26% reduced
6 HEI/A DESCARTES SYSTEM ORD 9.0%$21.8m248,216 183% added
7 TXN TEXAS INSTRUMENTS ORD Technology 6.6%$15.9m91,686 -3% reduced
8 V VISA CL A ORD Financial Services 5.2%$12.4m35,441 – new
9 PAX PATRIA INVESTMENTS CL A ORD Financial Services 3.9%$9.4m590,698 – new
10 APH AMPHENOL CL A ORD Technology 1.5%$3.7m27,087 -69% reduced
11 WALDENCAST EQY WARRANT 0.1%$177.9k4,892,767 0% held

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.