CapitalatWork
AUDERGHEM, C9files as CapitalatWork S.A.
$4.0bn in 60 US stocks at the end of 30 June 2026. The top 10 are 40.4% of the money. It changed about 12.0% of the portfolio this quarter.
Value
$4.0bn
Stocks
60
Top 10 share
40.4%
Turnover
12.0%
What changed this quarter
New
Bought for the first time this quarter.
- VistraVST1.4% of the fund
- Agilent TechnologiesA1.1% of the fund
Added
Bought more of a stock they already held.
- T-Mobile USTMUS3.9% of the fund+60%
- Charles SchwabSCHW3.9% of the fund+8%
- MicrosoftMSFT3.7% of the fund+5%
- NvidiaNVDA3.4% of the fund+110%
- MercadoLibreMELI3.2% of the fund+26%
- Uber TechnologiesUBER3.1% of the fund+39%
- AirbnbABNB2.8% of the fund+3%
- AonAON2.6% of the fund+16%
- Alibaba Group HldgBABA2.3% of the fund+8%
- ServiceNowNOW2.2% of the fund+43%
- Amazon.comAMZN2.1% of the fund+16%
- BroadcomAVGO2.0% of the fund+106%
- OracleORCL1.9% of the fund+6%
- SalesforceCRM1.8% of the fund+3%
- Meta PlatformsMETA1.7% of the fund+14%
- Vipshop HldgsVIPS1.5% of the fund+3%
- Wyndham Hotels & ResortsWH1.5% of the fund+23%
- ZoetisZTS1.4% of the fund+818%
- Intercontinental ExchangeICE1.3% of the fund+28%
- S&P GlobalSPGI1.3% of the fund+85%
- AmrizeAMRZ1.0% of the fund+30%
- NetflixNFLX0.6% of the fund+22%
- IntuitINTU0.4% of the fund+11%
- Trip COM GroupTCOM0.2% of the fund+5%
Cut
Sold some of their stake.
- IntelINTC7.1% of the fund-40%
- AlphabetGOOG4.9% of the fund-4%
- AerCap HoldingsAER2.7% of the fund-13%
- Applied MaterialsAMAT2.1% of the fund-51%
- Labcorp HoldingsLH2.0% of the fund-13%
- Advanced Micro DevicesAMD1.4% of the fund-36%
- Palo Alto NetworksPANW1.1% of the fund-17%
- UnitedHealth GroupUNH0.8% of the fund-23%
- Zimmer Biomet HoldingsZBH0.6% of the fund-9%
- BlackstoneBX0.6% of the fund-9%
- W.W. GraingerGWW0.6% of the fund-16%
- PinterestPINS0.5% of the fund-18%
- ChevronCVX0.4% of the fund-39%
- FiservFISV0.3% of the fund-9%
- QualcommQCOM0.2% of the fund-10%
- ExxonMobil HoldingsXOM0.2% of the fund-64%
- CNH IndustrialCNH<0.1% of the fund-15%
Sold out
Sold their entire stake.
- NasdaqNDAQ-100%
- NikeNKE-100%
Holdings
- Alibaba Group HldgBABA
- Share
- 2.3%
- Value
- $90m
- Shares
- 938,530
+8%
- Vipshop HldgsVIPS
- Share
- 1.5%
- Value
- $60m
- Shares
- 4,559,813
+3%
- Nvidia
- Share
- 0.4%
- Value
- $15m
- Shares
- 76,500
Held
- Trip COM GroupTCOM
- Share
- 0.2%
- Value
- $9m
- Shares
- 222,200
+5%
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| IntelINTC | 7.1% | $282m | 2,021,951 | -40% |
| AlphabetGOOG | 4.9% | $195m | 550,794 | -4% |
| Apollo Global ManagementAPO | 4.3% | $172m | 1,455,614 | Held |
| T-Mobile USTMUS | 3.9% | $155m | 923,467 | +60% |
| Charles SchwabSCHW | 3.9% | $155m | 1,674,961 | +8% |
| MicrosoftMSFT | 3.7% | $148m | 396,990 | +5% |
| NvidiaNVDA | 3.4% | $137m | 682,716 | +110% |
| MercadoLibreMELI | 3.2% | $126m | 74,343 | +26% |
| Uber TechnologiesUBER | 3.1% | $124m | 1,724,227 | +39% |
| AirbnbABNB | 2.8% | $111m | 778,783 | +3% |
| BlackRockBLK | 2.7% | $107m | 111,466 | Held |
| AerCap HoldingsAER | 2.7% | $106m | 727,297 | -13% |
| ChubbCB | 2.7% | $106m | 309,930 | Held |
| AonAON | 2.6% | $105m | 316,541 | +16% |
| Alibaba Group HldgBABA | 2.3% | $90m | 938,530 | +8% |
| ServiceNowNOW | 2.2% | $88m | 889,331 | +43% |
| ComcastCMCSA | 2.2% | $86m | 3,513,589 | Held |
| Amazon.comAMZN | 2.1% | $82m | 345,700 | +16% |
| Applied MaterialsAMAT | 2.1% | $82m | 112,875 | -51% |
| BroadcomAVGO | 2.0% | $80m | 212,025 | +106% |
| Labcorp HoldingsLH | 2.0% | $79m | 280,577 | -13% |
| OracleORCL | 1.9% | $76m | 521,279 | +6% |
| VisaV | 1.8% | $72m | 209,157 | Held |
| SalesforceCRM | 1.8% | $72m | 457,033 | +3% |
| Take TWO Interactive SoftwareTTWO | 1.7% | $66m | 264,559 | Held |
| Meta PlatformsMETA | 1.7% | $66m | 116,973 | +14% |
| Vipshop HldgsVIPS | 1.5% | $60m | 4,559,813 | +3% |
| LAS Vegas SandsLVS | 1.5% | $59m | 1,286,830 | Held |
| Wyndham Hotels & ResortsWH | 1.5% | $58m | 686,770 | +23% |
| Advanced Micro DevicesAMD | 1.4% | $57m | 98,370 | -36% |
| VistraVST | 1.4% | $56m | 353,900 | New |
| ZoetisZTS | 1.4% | $55m | 759,150 | +818% |
| Intercontinental ExchangeICE | 1.3% | $53m | 430,807 | +28% |
| S&P GlobalSPGI | 1.3% | $53m | 129,370 | +85% |
| DeereDE | 1.3% | $51m | 80,666 | Held |
| Palo Alto NetworksPANW | 1.1% | $44m | 128,800 | -17% |
| AdobeADBE | 1.1% | $42m | 207,050 | Held |
| Agilent TechnologiesA | 1.1% | $42m | 318,600 | New |
| AmrizeAMRZ | 1.0% | $41m | 760,320 | +30% |
| Walt DisneyDIS | 1.0% | $39m | 409,730 | Held |
| UnitedHealth GroupUNH | 0.8% | $31m | 75,775 | -23% |
| CorpayCPAY | 0.7% | $26m | 79,150 | Held |
| Zimmer Biomet HoldingsZBH | 0.6% | $26m | 297,000 | -9% |
| NetflixNFLX | 0.6% | $25m | 354,600 | +22% |
| BlackstoneBX | 0.6% | $24m | 208,155 | -9% |
| W.W. GraingerGWW | 0.6% | $24m | 17,965 | -16% |
| PinterestPINS | 0.5% | $18m | 864,200 | -18% |
| Nvidia | 0.4% | $15m | 76,500 | Held |
| ChevronCVX | 0.4% | $15m | 88,215 | -39% |
| IntuitINTU | 0.4% | $14m | 55,050 | +11% |
| FiservFISV | 0.3% | $13m | 262,970 | -9% |
| AccentureACN | 0.3% | $11m | 89,625 | Held |
| Trip COM GroupTCOM | 0.2% | $9m | 222,200 | +5% |
| DocusignDOCU | 0.2% | $8m | 184,000 | Held |
| Roper TechnologiesROP | 0.2% | $8m | 23,900 | Held |
| Union PacificUNP | 0.2% | $8m | 28,750 | Held |
| QualcommQCOM | 0.2% | $6m | 34,475 | -10% |
| ExxonMobil HoldingsXOM | 0.2% | $6m | 43,900 | -64% |
| Taiwan Semiconductor ManufacturingTSM | 0.1% | $5m | 11,315 | Held |
| CNH IndustrialCNH | <0.1% | $4m | 318,000 | -15% |
Over time and by industry
Value over time
Dec '25
Jun '26
Value is up 16.0% since 30 September 2025.
Where the money is
Technology35.1%
Financial services22.3%
Media & telecom16.4%
Retail & consumer7.8%
Health care5.8%
Industrials5.3%
Utilities1.4%
Materials1.0%
Energy0.5%
Other4.4%
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.