Freemont Management
VAUD, V8files as Freemont Management S.A.
$20m in 11 US stocks at the end of 30 June 2026. The top 10 are 99.4% of the money. It changed about 93.9% of the portfolio this quarter.
Value
$20m
Stocks
11
Top 10 share
99.4%
Turnover
93.9%
What changed this quarter
New
Bought for the first time this quarter.
- Space Exploration TechnologiesSPCX8.7% of the fund
Added
Bought more of a stock they already held.
- Sprott FDS TRURNM8.1% of the fund+100%
Cut
Sold some of their stake.
- Vaneck ETF TrustGDXJ15.1% of the fund-25%
- Vaneck ETF TrustGDX11.6% of the fund-50%
- Constellation EnergyCEG6.4% of the fund-64%
- VistraVST4.1% of the fund-91%
Sold out
Sold their entire stake.
- NvidiaNVDA-100%
- Arista NetworksANET-100%
- AlphabetGOOGL-100%
- BroadcomAVGO-100%
- Iqvia HoldingsIQV-100%
- Cadence Design SystemsCDNS-100%
- FabrinetFN-100%
- GE VernovaGEV-100%
- TeslaTSLA-100%
- AppleAAPL-100%
- MACOM Technology Solutions HoldingsMTSI-100%
- WatersWAT-100%
- Astera LabsALAB-100%
- Wheaton Precious MetalsWPM-100%
- C. H. Robinson WorldwideCHRW-100%
- AutodeskADSK-100%
- MicrosoftMSFT-100%
- Lumentum HoldingsLITE-100%
- ASML Hldg NV-100%
- AmbarellaAMBA-100%
- Truist FinancialTFC-100%
- CoherentCOHR-100%
- Sempra-100%
- FTAI AviationFTAI-100%
- Meta PlatformsMETA-100%
Holdings
- Global X FDSURA
- Share
- 15.7%
- Value
- $3m
- Shares
- 70,000
Held
- Vaneck ETF TrustGDXJ
- Share
- 15.1%
- Value
- $3m
- Shares
- 30,000
-25%
- Vaneck ETF TrustREMX
- Share
- 13.5%
- Value
- $3m
- Shares
- 29,899
Held
- Vaneck ETF TrustGDX
- Share
- 11.6%
- Value
- $2m
- Shares
- 30,000
-50%
- Space Exploration TechnologiesSPCX
- Share
- 8.7%
- Value
- $2m
- Shares
- 10,000
New
- Sprott FDS TRURNM
- Share
- 8.1%
- Value
- $2m
- Shares
- 30,000
+100%
- Ballard Power SystemsBLDP
- Share
- 0.6%
- Value
- $116,700
- Shares
- 30,000
Held
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| Global X FDSURA | 15.7% | $3m | 70,000 | Held |
| Vaneck ETF TrustGDXJ | 15.1% | $3m | 30,000 | -25% |
| Vaneck ETF TrustREMX | 13.5% | $3m | 29,899 | Held |
| Vaneck ETF TrustGDX | 11.6% | $2m | 30,000 | -50% |
| Freeport-McMoRanFCX | 9.7% | $2m | 30,000 | Held |
| Space Exploration TechnologiesSPCX | 8.7% | $2m | 10,000 | New |
| Sprott FDS TRURNM | 8.1% | $2m | 30,000 | +100% |
| AlcoaAA | 6.7% | $1m | 25,000 | Held |
| Constellation EnergyCEG | 6.4% | $1m | 5,000 | -64% |
| VistraVST | 4.1% | $793,150 | 5,000 | -91% |
| Ballard Power SystemsBLDP | 0.6% | $116,700 | 30,000 | Held |
Options (3)
- Toast
- Type
- Call
- Value
- $38m
- Contracts
- 1,350,000
- Take-Two Interactive Softwar
- Type
- Call
- Value
- $30m
- Contracts
- 120,000
- the Trade Desk
- Type
- Call
- Value
- $16m
- Contracts
- 900,000
| Company | Type | Value | Contracts |
|---|---|---|---|
| Toast | Call | $38m | 1,350,000 |
| Take-Two Interactive Softwar | Call | $30m | 120,000 |
| the Trade Desk | Call | $16m | 900,000 |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is down 96.8% since 30 June 2025.
Where the money is
Materials16.3%
Utilities10.4%
Technology9.3%
Other63.9%
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.