Exane Asset Management

Q4 2025 13F-HR Holdings

Location
Paris, I0
Holdings as of
12/31/2025
Date filed
1/27/2026
Form type
13F-HR
Num holdings
34
Total value ($000)
$475,332
Net value change ($000)
+178,609 (60.2%)
New positions
12
Sold out positions
12
Turnover %
33.4%
Sector allocation + QoQ delta (equities-only)
Prev filing: 11/3/2025 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)
BAC 53,296 17247.9%
CRH 37,136 46.0%
LIN 26,064 NEW
AMZN 20,651 NEW
GOOGL 17,763 NEW
NFLX 16,852 NEW
SNOW 15,892 2293.2%
MDB 13,221 48966.7%
DASH 10,596 NEW
CRM 10,314 NEW
Top Reduces (Value $000, Stocks/ETFs)
JPM -34,021 -99.9%
PNC -33,084 -100.0%
CCEP -15,538 -100.0%
BSX -9,116 -100.0%
SNPS -4,758 -99.7%
CFLT -4,621 -90.4%
APGE -2,401 -99.8%
UBS GROUP AG -1,258 -4.2%
SPOT -776 -9.4%
PFE -384 -100.0%
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