Tikehau Investment Management
PARIS, I0
$68m in 19 US stocks at the end of 30 September 2025. The top 10 are 80.8% of the money. It changed about 10.9% of the portfolio this quarter.
Value
$68m
Stocks
19
Top 10 share
80.8%
Turnover
10.9%
What changed this quarter
New
Bought for the first time this quarter.
None this quarter.
Added
Bought more of a stock they already held.
- MicrosoftMSFT14.7% of the fund+4%
- NvidiaNVDA10.8% of the fund+22%
- AlphabetGOOGL10.4% of the fund+43%
- VisaV5.3% of the fund+14%
- ZoetisZTS4.3% of the fund+43%
- WatersWAT3.8% of the fund+36%
- AmetekAME3.1% of the fund+84%
Cut
Sold some of their stake.
- S&P GlobalSPGI4.6% of the fund-5%
- Coca-ColaKO3.4% of the fund-34%
- Idexx LaboratoriesIDXX2.6% of the fund-52%
- AccentureACN2.6% of the fund-36%
- Procter & GamblePG2.4% of the fund-19%
Sold out
Sold their entire stake.
None this quarter.
Holdings
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| MicrosoftMSFT | 14.7% | $10m | 19,369 | +4% |
| Amazon.comAMZN | 12.5% | $9m | 38,927 | Held |
| Meta PlatformsMETA | 11.0% | $8m | 10,288 | Held |
| NvidiaNVDA | 10.8% | $7m | 39,762 | +22% |
| AlphabetGOOGL | 10.4% | $7m | 29,308 | +43% |
| VisaV | 5.3% | $4m | 10,634 | +14% |
| S&P GlobalSPGI | 4.6% | $3m | 6,492 | -5% |
| ZoetisZTS | 4.3% | $3m | 19,970 | +43% |
| WatersWAT | 3.8% | $3m | 8,590 | +36% |
| Coca-ColaKO | 3.4% | $2m | 35,277 | -34% |
| AmetekAME | 3.1% | $2m | 11,250 | +84% |
| Idexx LaboratoriesIDXX | 2.6% | $2m | 2,804 | -52% |
| AccentureACN | 2.6% | $2m | 7,147 | -36% |
| FastenalFAST | 2.5% | $2m | 35,590 | Held |
| Procter & GamblePG | 2.4% | $2m | 10,802 | -19% |
| JPMorgan ChaseJPM | 1.9% | $1m | 4,070 | Held |
| Bank of AmericaBAC | 1.6% | $1m | 20,943 | Held |
| Thermo Fisher ScientificTMO | 1.3% | $868,671 | 1,791 | Held |
| Agilent TechnologiesA | 1.2% | $832,992 | 6,490 | Held |
Over time and by industry
Value over time
Sep '25
Value is up 6.7% since 30 June 2025.
Where the money is
Technology28.1%
Media & telecom21.4%
Financial services13.4%
Health care13.1%
Retail & consumer12.5%
Everyday goods5.8%
Industrials5.6%
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.