Varenne Capital Partners

Q1 2026 13F-HR Holdings

Location
Paris, I0
Holdings as of
3/31/2026
Date filed
5/13/2026
Form type
13F-HR
Num holdings
30
Total value ($000)
$413,040
Net value change ($000)
-107,824 (-20.7%)
New positions
11
Sold out positions
8
Turnover %
59.0%
Sector allocation + QoQ delta (equities-only)
Prev filing: 2/17/2026 Next filing: — SEC filing

Snapshot: Change Analysis

Compared to Q4 2025
Methodology: sector metrics are equities-only; instrument mix chart is ex-options; options exposure is shown separately. Why this matters.
Top Adds (Value $000, Stocks/ETFs)
NVST 26,748 NEW
T 24,253 NEW
BKNG 23,982 767.7%
GMED 20,450 NEW
DECK 20,353 NEW
GXO 8,466 NEW
TSM 7,024 12.6%
JCI 6,610 NEW
ADI 5,574 27.5%
FOLD 2,623 NEW
Top Reduces (Value $000, Stocks/ETFs)
WAB -51,489 -91.4%
TE CONNECTIVITY PLC -39,446 -60.8%
XYL -27,238 -100.0%
UBER -22,266 -100.0%
NFLX -22,102 -100.0%
ADSK -21,942 -100.0%
GLW -21,125 -100.0%
UHS -7,403 -100.0%
ANET -6,221 -10.7%
MSFT -5,554 -22.4%
Instrument mix + QoQ Δ (ex-options)
Derivatives reported exposure ($000): 10,061 (2.4% of total reported value)
How this table is calculated: SEC VALUE ($000) is used as reported. For derivatives (PUT/CALL/WARRANT/RIGHT), SEC value represents reported underlying exposure, not premium cash paid/received. Column % is bucket-based: non-options share is calculated inside non-option total, options share is calculated inside options total. Details.
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Instrument:
Issuer Name Ticker Sector Industry Class History Value ($000) % Shares Shares Δ Shares Δ% Value Δ ($000) Value Δ% Principal Option Type