Amiral Gestion
PARIS, I0
$180m in 16 US stocks at the end of 31 March 2026. The top 10 are 89.9% of the money. It changed about 24.1% of the portfolio this quarter.
Value
$180m
Stocks
16
Top 10 share
89.9%
Turnover
24.1%
What changed this quarter
New
Bought for the first time this quarter.
- PoolPOOL4.2% of the fund
Added
Bought more of a stock they already held.
- MicrosoftMSFT16.7% of the fund+3%
- VerisignVRSN15.5% of the fund+2%
- NVRNVR9.5% of the fund+8%
- Brown FormanBF-B8.2% of the fund+36%
- Dominos PizzaDPZ6.6% of the fund+32%
- SeaSE2.4% of the fund+8%
- Meta PlatformsMETA1.0% of the fund+86%
- DoleDOLE0.2% of the fund+6%
Cut
Sold some of their stake.
- AdobeADBE12.0% of the fund-11%
- VisaV6.9% of the fund-45%
- Paycom SoftwarePAYC5.7% of the fund-28%
- Colgate-PalmoliveCL4.5% of the fund-32%
- Edwards LifesciencesEW4.3% of the fund-57%
- PDD HoldingsPDD1.5% of the fund-4%
- Futu HldgsFUTU0.9% of the fund-20%
Sold out
Sold their entire stake.
- PayPal HoldingsPYPL-100%
- Procter & GamblePG-100%
- Church & DwightCHD-100%
- Otis WorldwideOTIS-100%
- PepsiCoPEP-100%
- Pacific Biosciences of CaliforniaPACB-100%
- Full Truck AllianceYMM-100%
- Coca-ColaKO-100%
- FastenalFAST-100%
- Factset Research SystemsFDS-100%
- MakeMyTripMMYT-100%
- Proshares TRUSD-100%
Holdings
- SeaSE
- Share
- 2.4%
- Value
- $4m
- Shares
- 51,500
+8%
- PDD HoldingsPDD
- Share
- 1.5%
- Value
- $3m
- Shares
- 27,000
-4%
- Futu HldgsFUTU
- Share
- 0.9%
- Value
- $2m
- Shares
- 12,000
-20%
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| MicrosoftMSFT | 16.7% | $30m | 80,969 | +3% |
| VerisignVRSN | 15.5% | $28m | 112,666 | +2% |
| AdobeADBE | 12.0% | $22m | 88,623 | -11% |
| NVRNVR | 9.5% | $17m | 2,582 | +8% |
| Brown FormanBF-B | 8.2% | $15m | 558,244 | +36% |
| VisaV | 6.9% | $12m | 41,255 | -45% |
| Dominos PizzaDPZ | 6.6% | $12m | 33,160 | +32% |
| Paycom SoftwarePAYC | 5.7% | $10m | 84,206 | -28% |
| Colgate-PalmoliveCL | 4.5% | $8m | 96,000 | -32% |
| Edwards LifesciencesEW | 4.3% | $8m | 96,389 | -57% |
| PoolPOOL | 4.2% | $8m | 37,189 | New |
| SeaSE | 2.4% | $4m | 51,500 | +8% |
| PDD HoldingsPDD | 1.5% | $3m | 27,000 | -4% |
| Meta PlatformsMETA | 1.0% | $2m | 3,100 | +86% |
| Futu HldgsFUTU | 0.9% | $2m | 12,000 | -20% |
| DoleDOLE | 0.2% | $275,589 | 19,180 | +6% |
Over time and by industry
Value over time
Sep '25
Mar '26
Value is down 22.4% since 30 June 2025.
Where the money is
Technology49.8%
Retail & consumer16.1%
Everyday goods12.9%
Financial services6.9%
Health care4.3%
Industrials4.2%
Media & telecom1.0%
Other4.8%
From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.