M & L Capital Management Ltd

Q4 2025 13F-HR Holdings

Location
London, X0
Holdings as of
12/31/2025
Date filed
1/12/2026
Form type
13F-HR
Num holdings
25
Total value ($000)
$479,554
Net value change ($000)
-22,143 (-4.4%)
New positions
7
Sold out positions
6
Turnover %
7.7%
Sector allocation + QoQ delta (equities-only)
Prev filing: 10/14/2025 Next filing: 4/10/2026 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)
LITE 14,430 NEW
CIEN 7,764 1087.4%
COHR 4,005 NEW
TKO 2,978 NEW
VRT 2,382 NEW
KRMN 2,350 219.8%
AVGO 2,129 4.9%
ISRG 2,109 26.6%
PODD 1,600 NEW
ROBO 1,172 10.0%
Top Reduces (Value $000, Stocks/ETFs)
ANET -23,818 -67.9%
AMD -20,523 -78.8%
MSFT -5,156 -6.6%
WDAY -4,237 -100.0%
HOOD -4,076 -21.0%
CRM -2,607 -100.0%
DELL -1,403 -11.2%
S -1,338 -100.0%
SNPS -1,055 -4.8%
KVYO -712 -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.
Filter:
Instrument:
Issuer Name Ticker Sector Industry Class History Value ($000) % Shares Shares Δ Shares Δ% Value Δ ($000) Value Δ% Principal Option Type