Q4 2025 · 13F-HR
PSquared Asset Management AGholdings as filed
Filed 2026-02-13 · accession 0000945621-26-000319
$213.9M
Reported value
12
Positions
2025-12-31
Period end
The Brief · PSquared Asset Management AG · Q4 2025
AI · grounded in 13F
PSquared Asset Management AG exited its position in K for a reduction of $42.77M. The fund established several new positions, led by a $44.41M investment in WBD. Other new additions include NSC at $26.58M and GTLS at $22.82M. The fund also closed positions in TECK and TASK.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 934423104 | WBD | WARNER BROS DISCOVERY INC | $44.4M | 20.8% | 1,540,876 | Common | SOLE |
| 83419D201 | SLSR | SOLARIS RES INC | $31.8M | 14.8% | 3,963,015 | Common | SOLE |
| 655844108 | NSC | NORFOLK SOUTHN CORP | $26.6M | 12.4% | 92,063 | Common | SOLE |
| 16115Q308 | GTLS | CHART INDS INC | $22.8M | 10.7% | 110,654 | Common | SOLE |
| 20464U100 | COMP | COMPASS INC | $18.5M | 8.65% | 1,751,304 | Common | SOLE |
| 09239B109 | BL | BLACKLINE INC | $16.8M | 7.87% | 304,576 | Common | SOLE |
| 03152W109 | AM6 | AMICUS THERAPEUTICS INC | $15.0M | 6.99% | 1,050,000 | Common | SOLE |
| 25401T603 | DBRG | DIGITALBRIDGE GROUP INC | $12.9M | 6.04% | 846,500 | Common | SOLE |
| 05370A108 | RNAGBP | AVIDITY BIOSCIENCES INC | $12.1M | 5.68% | 168,415 | Common | SOLE |
| 74267C106 | PRA | PROASSURANCE CORP | $8.4M | 3.91% | 346,234 | Common | SOLE |
| 34986A104 | FWRD | FORWARD AIR CORP | $4.4M | 2.05% | 175,760 | Common | SOLE |
| 00370M103 | ABVX | ABIVAX SA | $192,000 | 0.09% | 240 | 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.