Systrade AG
VADUZ, N2
$160m in 14 US stocks at the end of 30 June 2026. The top 10 are 98.6% of the money. It changed about 11.6% of the portfolio this quarter.
Value
$160m
Stocks
14
Top 10 share
98.6%
Turnover
11.6%
What changed this quarter
New
Bought for the first time this quarter.
- Amazon.comAMZN1.5% of the fund
- Gas Transporter of the SouthTGS0.5% of the fund
- Nu HoldingsNU<0.1% of the fund
Added
Bought more of a stock they already held.
None this quarter.
Cut
Sold some of their stake.
None this quarter.
Sold out
Sold their entire stake.
None this quarter.
Holdings
- Cresud S A C I F Y ACRESY
- Share
- 7.7%
- Value
- $12m
- Shares
- 1,100,000
Held
- Grupo Financiero Galicia S.AGGAL
- Share
- 1.4%
- Value
- $2m
- Shares
- 45,000
Held
- Irsa Inversiones Y REP S AIRS
- Share
- 1.2%
- Value
- $2m
- Shares
- 119,780
Held
- Biontech SEBNTX
- Share
- 0.6%
- Value
- $930,500
- Shares
- 10,000
Held
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| Alpha Metallurgical ResourcesAMR | 28.9% | $46m | 280,000 | Held |
| Interactive Brokers GroupIBKR | 27.2% | $44m | 500,000 | Held |
| UBS Group AGUBS | 19.5% | $31m | 627,300 | Held |
| NateraNTRA | 8.5% | $14m | 50,000 | Held |
| Cresud S A C I F Y ACRESY | 7.7% | $12m | 1,100,000 | Held |
| Loma Negra Compania Industrial Argentina Sociedad AnonimaLOMA | 1.8% | $3m | 250,000 | Held |
| Amazon.comAMZN | 1.5% | $2m | 10,100 | New |
| Grupo Financiero Galicia S.AGGAL | 1.4% | $2m | 45,000 | Held |
| Irsa Inversiones Y REP S AIRS | 1.2% | $2m | 119,780 | Held |
| Global PaymentsGPN | 0.9% | $1m | 20,000 | Held |
| Biontech SEBNTX | 0.6% | $930,500 | 10,000 | Held |
| Gas Transporter of the SouthTGS | 0.5% | $743,250 | 25,000 | New |
| TeslaTSLA | 0.3% | $420,600 | 1,000 | Held |
| Nu HoldingsNU | <0.1% | $133,600 | 10,000 | New |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is up 80.9% since 30 June 2025.
Where the money is
Financial services47.7%
Energy28.9%
Health care8.5%
Materials1.8%
Retail & consumer1.8%
Utilities0.5%
Other10.9%
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.