Q3 2025 · 13F-HR
Varenne Capital Partnersholdings as filed
Filed 2025-11-12 · accession 0000945621-25-001070
$526.7M
Reported value
24
Positions
2025-09-30
Period end
The Brief · Varenne Capital Partners · Q3 2025
AI · grounded in 13F
Varenne Capital Partners established a new position in APH valued at $74.5M. The fund also initiated new stakes in TEL for $68M and ANET for $64.7M. Other new additions include WAB and UHS. The fund ended the period with 24 positions and total AUM of $526.7M.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 032095101 | APH | AMPHENOL CORP NEW | $74.5M | 14.1% | 601,936 | Common | SOLE |
| G87052109 | TEL | TE CONNECTIVITY PLC | $68.0M | 12.9% | 309,707 | Common | SOLE |
| 040413205 | ANET | ARISTA NETWORKS INC | $64.7M | 12.3% | 444,004 | Common | SOLE |
| 929740108 | WAB | WABTEC | $52.6M | 9.98% | 262,242 | Common | SOLE |
| 913903100 | UHS | UNIVERSAL HLTH SVCS INC | $37.7M | 7.15% | 184,257 | Common | SOLE |
| 254687106 | DIS | DISNEY WALT CO | $29.2M | 5.54% | 254,970 | Common | SOLE |
| 30303M902 | META | META PLATFORMS INC | $27.2M | 5.17% | 3,000 | CALL | NONE |
| 219350105 | GLW | CORNING INC | $26.0M | 4.93% | 316,577 | Common | SOLE |
| 90353T100 | UBER | UBER TECHNOLOGIES INC | $24.4M | 4.63% | 249,097 | Common | SOLE |
| 64110L106 | NFLX | NETFLIX INC | $24.4M | 4.63% | 20,327 | Common | SOLE |
| 052769106 | ADSK | AUTODESK INC | $21.6M | 4.09% | 67,873 | Common | SOLE |
| 654106903 | NKE | NIKE INC | $19.6M | 3.73% | 23,000 | CALL | NONE |
| 00724F101 | ADBE | ADOBE INC | $16.6M | 3.15% | 47,086 | Common | SOLE |
| 126650100 | CVS | CVS HEALTH CORP | $9.9M | 1.89% | 131,950 | Common | SOLE |
| 70450Y903 | PYPL | PAYPAL HLDGS INC | $6.0M | 1.14% | 19,292 | CALL | NONE |
| 36828A101 | GEV | GE VERNOVA INC | $4.9M | 0.93% | 7,923 | Common | SOLE |
| 595112103 | MU | MICRON TECHNOLOGY INC | $4.0M | 0.77% | 24,186 | Common | SOLE |
| 654106103 | NKE | NIKE INC | $3.7M | 0.71% | 53,359 | Common | SOLE |
| G98196101 | W9N0 | WNS HLDGS LTD | $3.6M | 0.69% | 47,498 | Common | SOLE |
| 05368X102 | AVDX | AVIDXCHANGE HOLDINGS INC | $2.3M | 0.43% | 228,987 | Common | SOLE |
| 09857L108 | BKNG | BOOKING HOLDINGS INC | $1.6M | 0.30% | 293 | Common | SOLE |
| 98980L101 | ZNGA | ZOOM COMMUNICATIONS INC | $1.6M | 0.30% | 18,848 | Common | SOLE |
| 11135F101 | AVGO | BROADCOM INC | $1.5M | 0.28% | 4,437 | Common | SOLE |
| 36266G107 | GEHC | GE HEALTHCARE TECHNOLOGIES I | $1.2M | 0.24% | 16,531 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.