Quaero Capital S.A.

All Holdings — 2025 Q2

AI Portfolio Summary
In 2025 Q2, Quaero Capital S.A. maintained a portfolio of 75 distinct positions. The most significant new addition to the portfolio was TRIP COM GROUP LTD, which now represents 2.49% of the total fund value. They heavily accumulated shares in GE VERNOVA INC, increasing their position by 8.6%. Conversely, Quaero Capital S.A. completely exited their position in KINETIK HOLDINGS INC.
PCA Score Concentration Risk
Risk ENB
Total Positions
75
Quarter
2025 Q2
Top Holding
TSM (4.2%)
Top 10 Concentration
30.9%
Turnover Rate
23.4%
Sector HHI
0.18
Items per page:
1-25 of 75
Stock History Sector / Type Port % Prev % Rank / Prev Conviction Change % Change Influence Shares Mkt Value Avg Cost Price Held 1st Owned Source Source Date Date Reported
TSM
TAIWAN SEMICOND...
Technology 4.22% 3.98% #1 1
Prev: #2
1.7 -1,960 -11.6%
P
S
14,876 $3,369,265 2020 Q4 13F Filing 2025-06-30 2025-08-14 (Est.)
GEV
GE VERNOVA INC
Industrials 3.76% 2.27% #2 11
Prev: #13
3.5 450 8.6%
P
S
5,666 $2,998,164 2024 Q3 13F Filing 2025-06-30 2025-08-14 (Est.)
N/A
ITRON INC
Bond/Debt 3.38% 2.93% #3 2
Prev: #5
3.4 400,000 20.0%
P
S
2,400,000 $2,695,920 13F Filing 2025-06-30 2025-08-14 (Est.)
ETN
EATON CORP PLC
Industrials 3.31% 3.33% #4 1
Prev: #3
1.4 -1,205 -14.0%
P
S
7,394 $2,639,584 2024 Q1 13F Filing 2025-06-30 2025-08-14 (Est.)
BEPC
BROOKFIELD RENE...
Utilities 2.98% 2.88% #5 1
Prev: #6
1.2 no change no change
P
S
72,501 $2,376,583 2025 Q1 13F Filing 2025-06-30 2025-08-14 (Est.)
LIN
LINDE PLC
Basic Materials 2.75% 3.10% #6 2
Prev: #4
1.1 no change no change
P
S
4,677 $2,194,355 2022 Q1 13F Filing 2025-06-30 2025-08-14 (Est.)
NEE
NEXTERA ENERGY ...
Utilities 2.74% 4.52% #7 6
Prev: #1
1.2 -13,282 -29.7%
P
S
31,498 $2,186,591 2020 Q4 13F Filing 2025-06-30 2025-08-14 (Est.)
VRT
VERTIV HOLDINGS...
Industrials 2.70% 1.57% #8 25
Prev: #33
3.1 1,530 10.0%
P
S
16,781 $2,154,848 2024 Q2 13F Filing 2025-06-30 2025-08-14 (Est.)
N/A
AMERICAN WTR CA...
Bond/Debt 2.52% 2.19% #9 7
Prev: #16
3.1 500,000 33.3%
P
S
2,000,000 $2,008,860 13F Filing 2025-06-30 2025-08-14 (Est.)
N/A
LIBERTY MEDIA C...
Bond/Debt 2.52% 1.74% #10 17
Prev: #27
3.2 500,000 50.0%
P
S
1,500,000 $2,007,300 13F Filing 2025-06-30 2025-08-14 (Est.)
N/A
SOUTHERN CO
Bond/Debt 2.49% 2.87% #11 4
Prev: #7
1.0 no change no change
P
S
1,800,000 $1,990,548 13F Filing 2025-06-30 2025-08-14 (Est.)
N/A
UBER TECHNOLOGI...
Bond/Debt 2.49% 2.42% #12 2
Prev: #10
1.0 no change no change
P
S
1,400,000 $1,988,938 13F Filing 2025-06-30 2025-08-14 (Est.)
N/A
TRIP COM GROUP ...
Bond/Debt 2.49% #13
Prev: #—
3.0 1,800,000 no change
NEW
1,800,000 $1,986,462 13F Filing 2025-06-30 2025-08-14 (Est.)
N/A
BENTLEY SYS INC
Bond/Debt 2.48% 2.21% #14 1
Prev: #15
3.1 400,000 25.0%
P
S
2,000,000 $1,977,400 13F Filing 2025-06-30 2025-08-14 (Est.)
N/A
ALIBABA GROUP H...
Bond/Debt 2.38% #15
Prev: #—
3.0 1,500,000 no change
NEW
1,500,000 $1,900,770 13F Filing 2025-06-30 2025-08-14 (Est.)
N/A
TYLER TEX INDPT...
Bond/Debt 2.31% 2.60% #16 7
Prev: #9
0.9 no change no change
P
S
1,500,000 $1,843,950 13F Filing 2025-06-30 2025-08-14 (Est.)
N/A
AXON ENTERPRISE...
Bond/Debt 2.27% 1.66% #17 13
Prev: #30
0.9 no change no change
P
S
500,000 $1,808,350 13F Filing 2025-06-30 2025-08-14 (Est.)
N/A
WESTERN DIGITAL...
Bond/Debt 2.25% 1.82% #18 6
Prev: #24
0.9 no change no change
P
S
1,000,000 $1,794,860 13F Filing 2025-06-30 2025-08-14 (Est.)
N/A
DROPBOX INC
Bond/Debt 2.12% 2.38% #19 8
Prev: #11
0.8 no change no change
P
S
1,700,000 $1,695,070 13F Filing 2025-06-30 2025-08-14 (Est.)
HASI
HA SUSTAINABLE ...
Financial Services 2.12% 2.79% #20 12
Prev: #8
0.9 -4,200 -6.3%
P
S
62,908 $1,689,709 2020 Q4 13F Filing 2025-06-30 2025-08-14 (Est.)
N/A
AKAMAI TECHNOLO...
Bond/Debt 2.07% 2.37% #21 9
Prev: #12
0.8 no change no change
P
S
1,700,000 $1,649,340 13F Filing 2025-06-30 2025-08-14 (Est.)
N/A
WEC ENERGY GROU...
Bond/Debt 1.98% #22
Prev: #—
2.8 1,400,000 no change
NEW
1,400,000 $1,576,960 13F Filing 2025-06-30 2025-08-14 (Est.)
N/A
TETRA TECH INC ...
Unknown 1.97% 1.76% #23 3
Prev: #26
2.8 200,000 16.7%
P
S
1,400,000 $1,575,000 13F Filing 2025-06-30 2025-08-14 (Est.)
N/A
SHOPIFY INC
Bond/Debt 1.91% 2.15% #24 7
Prev: #17
0.8 no change no change
P
S
1,500,000 $1,524,480 13F Filing 2025-06-30 2025-08-14 (Est.)
N/A
FORD MTR CO
Bond/Debt 1.85% 2.09% #25 6
Prev: #19
0.7 no change no change
P
S
1,500,000 $1,478,955 13F Filing 2025-06-30 2025-08-14 (Est.)
KNTK
KINETIK HOLDING...
Energy 0.00% 1.76%
Sold All 😨
(Was: #25)
0.3 -23,835 -100.0%
CLOSED
$— 2024 Q3 13F Filing 2025-06-30 2025-08-14 (Est.)
EQIX
EQUINIX INC
Real Estate 0.00% 1.66%
Sold All 😨
(Was: #31)
0.3 -1,430 -100.0%
CLOSED
$— 2020 Q4 13F Filing 2025-06-30 2025-08-14 (Est.)
GFL
GFL ENVIRONMENT...
Industrials 0.00% 1.38%
Sold All 😨
(Was: #39)
0.3 -20,000 -100.0%
CLOSED
$— 2024 Q1 13F Filing 2025-06-30 2025-08-14 (Est.)
N/A
VISHAY INTERTEC...
Bond/Debt 0.00% 1.26%
Sold All 😨
(Was: #43)
0.3 -1,000,000 -100.0%
CLOSED
$— 13F Filing 2025-06-30 2025-08-14 (Est.)
N/A
HUBSPOT INC
Bond/Debt 0.00% 1.17%
Sold All 😨
(Was: #44)
0.3 -400,000 -100.0%
CLOSED
$— 13F Filing 2025-06-30 2025-08-14 (Est.)
RSG
REPUBLIC SVCS I...
Industrials 0.00% 1.14%
Sold All 😨
(Was: #45)
0.3 -3,302 -100.0%
CLOSED
$— 2020 Q4 13F Filing 2025-06-30 2025-08-14 (Est.)
N/A
ZSCALER INC
Bond/Debt 0.00% 0.94%
Sold All 😨
(Was: #48)
0.3 -500,000 -100.0%
CLOSED
$— 13F Filing 2025-06-30 2025-08-14 (Est.)
AYI
ACUITY INC
Industrials 0.00% 0.71%
Sold All 😨
(Was: #51)
0.3 -1,889 -100.0%
CLOSED
$— 2022 Q1 13F Filing 2025-06-30 2025-08-14 (Est.)
N/A
COINBASE GLOBAL...
Bond/Debt 0.00% 0.70%
Sold All 😨
(Was: #52)
0.3 -500,000 -100.0%
CLOSED
$— 13F Filing 2025-06-30 2025-08-14 (Est.)
WPM
WHEATON PRECIOU...
Basic Materials 0.00% 0.31%
Sold All 😨
(Was: #55)
0.3 -2,830 -100.0%
CLOSED
$— 2022 Q4 13F Filing 2025-06-30 2025-08-14 (Est.)
Showing 1-25 of 75 holdings

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