Thematics Asset Management

All Holdings — 2025 Q3

AI Portfolio Summary
In 2025 Q3, Thematics Asset Management maintained a portfolio of 130 distinct positions. They heavily accumulated shares in SERVICENOW INC, increasing their position by 8.2%. The fund also reduced its exposure to ADVANCED MICRO DEVIC by 44.3%.
PCA Score Concentration Risk
Risk ENB
Total Positions
130
Quarter
2025 Q3
Top Holding
NVDA (4.9%)
Top 10 Concentration
25.7%
Turnover Rate
23.4%
Sector HHI
0.18
Items per page:
Showing 1-50 of 130
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
NVDA
NVIDIA CORPORAT...
Technology 4.92% 5.10% #1
Prev: #1
4.5 -136,142 -19.0%
P
S
581,083 $108,418,466 2022 Q4 13F Filing 2025-09-30 2025-11-14 (Est.)
NOW
SERVICENOW INC
Technology 3.32% 3.40% #2 1
Prev: #3
4.8 6,034 8.2%
P
S
79,558 $73,215,636 2022 Q4 13F Filing 2025-09-30 2025-11-14 (Est.)
SNPS
SYNOPSYS INC
Technology 3.19% 3.56% #3 1
Prev: #2
2.8 -11,785 -7.6%
P
S
142,535 $70,325,344 2022 Q4 13F Filing 2025-09-30 2025-11-14 (Est.)
CDNS
CADENCE DESIGN ...
Technology 2.34% 2.28% #4
Prev: #4
1.9 -17,491 -10.6%
P
S
146,965 $51,622,926 2022 Q4 13F Filing 2025-09-30 2025-11-14 (Est.)
SNOW
SNOWFLAKE INC
Technology 2.04% 2.01% #5
Prev: #5
2.3 no change no change
P
S
199,260 $44,943,093 2022 Q4 13F Filing 2025-09-30 2025-11-14 (Est.)
CLH
CLEAN HARBORS I...
Industrials 2.03% 1.98% #6
Prev: #6
1.3 1,463 0.8%
P
S
192,300 $44,655,906 2022 Q4 13F Filing 2025-09-30 2025-11-14 (Est.)
ESTC
ELASTIC N V
Technology 2.01% 1.80% #7 2
Prev: #9
2.8 48,346 10.2%
P
S
523,283 $44,212,181 2024 Q1 13F Filing 2025-09-30 2025-11-14 (Est.)
GOOGL
ALPHABET INC
Communication Services 1.99% 1.71% #8 4
Prev: #12
1.3 -34,788 -16.1%
P
S
180,819 $43,957,099 2022 Q4 13F Filing 2025-09-30 2025-11-14 (Est.)
PTC
PTC INC
Technology 1.95% 1.49% #9 6
Prev: #15
2.8 19,065 9.9%
P
S
211,207 $42,879,245 2022 Q4 13F Filing 2025-09-30 2025-11-14 (Est.)
NVT
NVENT ELECTRIC ...
Industrials 1.90% 1.97% #10 3
Prev: #7
0.8 -172,543 -28.9%
P
S
424,873 $41,909,473 2022 Q4 13F Filing 2025-09-30 2025-11-14 (Est.)
VRT
VERTIV HOLDINGS...
Industrials 1.82% 1.70% #11 2
Prev: #13
1.2 -27,625 -9.4%
P
S
265,879 $40,110,506 2024 Q3 13F Filing 2025-09-30 2025-11-14 (Est.)
ECL
ECOLAB INC
Basic Materials 1.68% 1.85% #12 4
Prev: #8
1.2 -17,909 -11.7%
P
S
134,873 $36,936,320 2022 Q4 13F Filing 2025-09-30 2025-11-14 (Est.)
ISRG
INTUITIVE SURGI...
Healthcare 1.58% 1.76% #13 2
Prev: #11
2.6 5,916 8.2%
P
S
77,935 $34,854,870 2022 Q4 13F Filing 2025-09-30 2025-11-14 (Est.)
MSFT
MICROSOFT CORP
Technology 1.57% 1.19% #14 11
Prev: #25
3.1 13,616 25.6%
P
S
66,712 $34,553,480 2022 Q4 13F Filing 2025-09-30 2025-11-14 (Est.)
CRWD
CROWDSTRIKE HLD...
Technology 1.48% 1.19% #15 9
Prev: #24
3.1 14,592 28.0%
P
S
66,702 $32,709,327 2022 Q4 13F Filing 2025-09-30 2025-11-14 (Est.)
MDB
MONGODB INC
Technology 1.47% 1.07% #16 18
Prev: #34
1.1 -8,212 -7.3%
P
S
104,601 $32,466,058 2024 Q1 13F Filing 2025-09-30 2025-11-14 (Est.)
HOLX
HOLOGIC INC
Healthcare 1.43% 1.36% #17
Prev: #17
1.1 559 0.1%
P
S
466,255 $31,467,550 2022 Q4 13F Filing 2025-09-30 2025-11-14 (Est.)
TMO
THERMO FISHER S...
Healthcare 1.33% 0.95% #18 23
Prev: #41
2.5 8,647 16.7%
P
S
60,484 $29,335,950 2022 Q4 13F Filing 2025-09-30 2025-11-14 (Est.)
JBTM
JBT MAREL CORPO...
Industrials 1.33% 1.13% #19 11
Prev: #30
1.5 no change no change
P
S
208,552 $29,291,128 2022 Q4 13F Filing 2025-09-30 2025-11-14 (Est.)
MSI
MOTOROLA SOLUTI...
Technology 1.33% 1.22% #20 3
Prev: #23
1.0 -554 -0.9%
P
S
63,926 $29,232,721 2023 Q3 13F Filing 2025-09-30 2025-11-14 (Est.)
STE
STERIS PLC
Healthcare 1.29% 1.22% #21 1
Prev: #22
1.0 1,487 1.3%
P
S
114,736 $28,390,276 2022 Q4 13F Filing 2025-09-30 2025-11-14 (Est.)
AVGO
BROADCOM INC
Technology 1.29% 0.92% #22 23
Prev: #45
2.5 11,989 16.2%
P
S
85,831 $28,316,505 2025 Q1 13F Filing 2025-09-30 2025-11-14 (Est.)
ZS
ZSCALER INC
Technology 1.28% 1.43% #23 7
Prev: #16
1.0 -7,243 -7.1%
P
S
94,104 $28,199,205 2022 Q4 13F Filing 2025-09-30 2025-11-14 (Est.)
BSY
BENTLEY SYS INC
Technology 1.24% 1.29% #24 5
Prev: #19
1.5 no change no change
P
S
531,483 $27,360,745 2024 Q2 13F Filing 2025-09-30 2025-11-14 (Est.)
EQIX
EQUINIX INC
Real Estate 1.23% 1.26% #25 5
Prev: #20
1.0 -772 -2.2%
P
S
34,582 $27,086,006 2022 Q4 13F Filing 2025-09-30 2025-11-14 (Est.)
OSIS
OSI SYSTEMS INC
Technology 1.20% 1.14% #26 2
Prev: #28
1.0 -6,172 -5.5%
P
S
106,411 $26,521,878 2023 Q2 13F Filing 2025-09-30 2025-11-14 (Est.)
ROL
ROLLINS INC
Consumer Cyclical 1.20% 1.13% #27 2
Prev: #29
1.0 3,754 0.8%
P
S
450,005 $26,433,294 2022 Q4 13F Filing 2025-09-30 2025-11-14 (Est.)
DLR
DIGITAL RLTY TR...
Real Estate 1.19% 1.18% #28 2
Prev: #26
1.0 969 0.6%
P
S
151,408 $26,175,415 2022 Q4 13F Filing 2025-09-30 2025-11-14 (Est.)
APG
API GROUP CORP
Industrials 1.16% 0.83% #29 19
Prev: #48
3.0 204,027 37.7%
P
S
744,569 $25,590,837 2022 Q4 13F Filing 2025-09-30 2025-11-14 (Est.)
AMD
ADVANCED MICRO ...
Technology 1.14% 1.78% #30 20
Prev: #10
0.5 -123,756 -44.3%
P
S
155,867 $25,217,722 2022 Q4 13F Filing 2025-09-30 2025-11-14 (Est.)
VRNS
VARONIS SYS INC
Technology 1.13% 1.08% #31
Prev: #31
1.0 -38,151 -8.1%
P
S
434,697 $24,982,037 2022 Q4 13F Filing 2025-09-30 2025-11-14 (Est.)
DXCM
DEXCOM INC
Healthcare 1.11% 1.33% #32 14
Prev: #18
2.4 24,608 7.3%
P
S
362,294 $24,378,763 2022 Q4 13F Filing 2025-09-30 2025-11-14 (Est.)
KLAC
KLA CORP
Technology 1.07% 1.25% #33 12
Prev: #21
0.4 -9,026 -29.1%
P
S
21,938 $23,662,327 2022 Q4 13F Filing 2025-09-30 2025-11-14 (Est.)
PANW
PALO ALTO NETWO...
Technology 1.04% 0.94% #34 8
Prev: #42
2.4 10,254 10.0%
P
S
112,364 $22,879,558 2022 Q4 13F Filing 2025-09-30 2025-11-14 (Est.)
APTV
APTIV PLC
Consumer Cyclical 1.02% 0.51% #35 36
Prev: #71
3.4 94,782 56.9%
P
S
261,454 $22,542,564 2022 Q4 13F Filing 2025-09-30 2025-11-14 (Est.)
CNM
CORE & MAIN INC
Industrials 1.02% 0.99% #36 2
Prev: #38
2.4 54,000 14.8%
P
S
418,000 $22,500,940 2022 Q4 13F Filing 2025-09-30 2025-11-14 (Est.)
PRCT
PROCEPT BIOROBO...
Healthcare 1.02% 1.02% #37 1
Prev: #36
3.4 235,344 59.6%
P
S
630,053 $22,486,592 2024 Q4 13F Filing 2025-09-30 2025-11-14 (Est.)
MANH
MANHATTAN ASSOC...
Technology 1.02% 0.97% #38 1
Prev: #39
1.4 no change no change
P
S
109,238 $22,391,605 2023 Q4 13F Filing 2025-09-30 2025-11-14 (Est.)
WCN
WASTE CONNECTIO...
Industrials 0.95% 0.93% #39 5
Prev: #44
2.4 8,000 7.2%
P
S
118,469 $20,826,850 2022 Q4 13F Filing 2025-09-30 2025-11-14 (Est.)
SPSC
SPS COMM INC
Technology 0.93% 1.07% #40 8
Prev: #32
2.4 21,724 12.4%
P
S
196,914 $20,506,624 2022 Q4 13F Filing 2025-09-30 2025-11-14 (Est.)
S
SENTINELONE INC
Technology 0.93% 0.85% #41 6
Prev: #47
2.4 129,188 12.5%
P
S
1,158,750 $20,405,588 2024 Q3 13F Filing 2025-09-30 2025-11-14 (Est.)
WMS
ADVANCED DRAIN ...
Industrials 0.92% 0.78% #42 8
Prev: #50
0.9 -5,000 -3.3%
P
S
145,500 $20,180,850 2022 Q4 13F Filing 2025-09-30 2025-11-14 (Est.)
CLBT
CELLEBRITE DI L...
Technology 0.90% 0.63% #43 18
Prev: #61
2.9 196,924 22.6%
P
S
1,066,850 $19,768,731 2025 Q2 13F Filing 2025-09-30 2025-11-14 (Est.)
WAB
WABTEC
Industrials 0.86% 1.14% #44 17
Prev: #27
0.3 -27,187 -22.4%
P
S
94,141 $18,872,446 2022 Q4 13F Filing 2025-09-30 2025-11-14 (Est.)
TYL
TYLER TECHNOLOG...
Technology 0.84% 1.04% #45 10
Prev: #35
0.8 -3,808 -9.8%
P
S
35,170 $18,399,537 2022 Q4 13F Filing 2025-09-30 2025-11-14 (Est.)
ROP
ROPER TECHNOLOG...
Technology 0.83% 0.94% #46 3
Prev: #43
1.3 no change no change
P
S
36,820 $18,361,766 2022 Q4 13F Filing 2025-09-30 2025-11-14 (Est.)
AXON
AXON ENTERPRISE...
Industrials 0.83% 1.01% #47 10
Prev: #37
0.8 -1,524 -5.6%
P
S
25,568 $18,348,620 2024 Q4 13F Filing 2025-09-30 2025-11-14 (Est.)
ADSK
AUTODESK INC
Technology 0.83% 0.81% #48 1
Prev: #49
0.8 -946 -1.6%
P
S
57,386 $18,229,811 2022 Q4 13F Filing 2025-09-30 2025-11-14 (Est.)
DHR
DANAHER CORPORA...
Healthcare 0.83% 0.75% #49 4
Prev: #53
2.3 7,000 8.3%
P
S
91,702 $18,180,839 2022 Q4 13F Filing 2025-09-30 2025-11-14 (Est.)
MDT
MEDTRONIC PLC
Healthcare 0.80% 0.72% #50 6
Prev: #56
1.3 no change no change
P
S
184,899 $17,609,781 2022 Q4 13F Filing 2025-09-30 2025-11-14 (Est.)
Showing 1-50 of 130 holdings

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