PineStone Asset Management Inc.

Q4 2025 13F-HR Holdings

Location
Montreal, A8
Holdings as of
12/31/2025
Date filed
1/15/2026
Form type
13F-HR
Num holdings
43
Total value ($000)
$16,086,376
Net value change ($000)
+13,218 (0.1%)
New positions
1
Sold out positions
1
Turnover %
2.0%
Sector allocation + QoQ delta (equities-only)
Prev filing: 10/17/2025 Next filing: — SEC filing

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)
AMZN 246,193 NEW
GOOGL 243,249 15.6%
MCO 134,890 12.5%
TSM 70,132 3.8%
MA 66,936 7.4%
CARR 60,655 19.1%
MTD 53,209 13.4%
JNJ 40,300 10.4%
SPGI 29,218 10.0%
MSCI 28,511 5.2%
Top Reduces (Value $000, Stocks/ETFs)
ORCL -613,578 -63.6%
AZO -225,322 -19.8%
MSFT -88,478 -5.9%
ADBE -70,714 -100.0%
LOW -21,038 -8.6%
CPRT -13,841 -4.0%
SHW -12,890 -2.3%
GGG -12,461 -3.9%
WH -4,843 -29.0%
TREX -4,560 -36.8%
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