DNCA FINANCE

Q4 2025 13F-HR Detailed Holdings

Location
Paris, I0
Holdings as of
12/31/2025
Date filed
2/13/2026
Form type
13F-HR
Num holdings
108
Total value ($000)
$1,726,419
Net value change ($000)
+266,053 (18.2%)
New positions
10
Sold out positions
8
Turnover %
24.2%
Sector allocation + QoQ delta (equities-only)

Holdings broken out by other managers reported in the original SEC filing. View aggregated holdings

Prev filing: 11/14/2025 Next filing: — SEC filing
You are on the SEC detailed breakdown page. Rows are shown as reported in the filing (including other manager, discretion, and voting authority fields), and are not merged like the standard holdings view. Switch to aggregated holdings.

Snapshot: Change Analysis

Compared to Q3 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)
TOTALENERGIES SE 293,947 NEW
RACE 52,292 151.8%
NEM 19,122 NEW
STLA 13,317 519.8%
TSM 12,936 184.0%
GM 12,279 NEW
ITUB 10,436 NEW
HWM 9,827 500.9%
SGI 8,062 294.1%
GOOGL 7,976 9.9%
Top Reduces (Value $000, Stocks/ETFs)
FLUT -43,020 -58.8%
ORCL -21,531 -54.3%
NFLX -18,044 -41.5%
HD -15,195 -100.0%
LIN -14,250 -100.0%
MELI -13,692 -100.0%
META -12,064 -15.1%
DIS -11,897 -100.0%
VRT -10,450 -54.3%
SPOT -9,797 -43.4%
Instrument mix + QoQ Δ (ex-options)
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 Discretion Other Manager Sole Shared None

Other Managers

Num Name File Number
1 Natixis Investment Managers SA 028-19314