Q1 2026 · 13F-HR
DNCA FINANCEholdings as filed
Filed 2026-05-14 · accession 0001104659-26-061156
$1.75B
Reported value
105
Positions
2026-03-31
Period end
The Brief · DNCA FINANCE · Q1 2026
AI · grounded in 13F
DNCA FINANCE established a new position in AZN valued at $107.1M. The fund also opened new stakes in FER for $36.7M and QGEN for $30.4M. On the selling side, the fund closed its position in MMM for $17.8M and significantly reduced its holdings in STLA by 95.2% and JPM by 73.9%.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| F92124100 | TTE | TOTALENERGIES SE | $307.3M | 17.6% | 3,244,946 | Common | SOLE |
| G0593M107 | AZN | ASTRAZENECA PLC | $107.1M | 6.13% | 552,889 | Common | SOLE |
| G25508105 | CRH | CRH PLC | $93.2M | 5.34% | 901,831 | Common | SOLE |
| N3167Y103 | RACE | FERRARI N V | $82.0M | 4.70% | 246,402 | Common | SOLE |
| 67066G104 | NVDA | NVIDIA CORPORATION | $78.9M | 4.51% | 452,126 | Common | SOLE |
| 02079K305 | GOOGL | ALPHABET INC | $77.5M | 4.44% | 269,519 | Common | SOLE |
| 594918104 | MSFT | MICROSOFT CORP | $60.4M | 3.46% | 163,100 | Common | SOLE |
| 30303M102 | META | META PLATFORMS INC | $54.1M | 3.10% | 94,500 | Common | SOLE |
| 931142103 | WMT | WALMART INC | $52.4M | 3.00% | 421,824 | Common | SOLE |
| 023135106 | AMZN | AMAZON COM INC | $49.0M | 2.80% | 235,200 | Common | SOLE |
| 11135F101 | AVGO | BROADCOM INC | $47.4M | 2.71% | 153,150 | Common | SOLE |
| 64110L106 | NFLX | NETFLIX INC. | $45.5M | 2.60% | 473,109 | Common | SOLE |
| 037833100 | AAPL | APPLE INC | $41.7M | 2.39% | 164,500 | Common | SOLE |
| 92826C839 | V | VISA INC | $39.4M | 2.26% | 130,400 | Common | SOLE |
| N3168P101 | FER | FERROVIAL SE | $36.7M | 2.10% | 574,068 | Common | SOLE |
| 874039100 | TSM | TAIWAN SEMICONDUCTOR MANUFAC | $30.6M | 1.75% | 90,414 | Common | SOLE |
| N72482156 | QGEN | QIAGEN NV | $30.4M | 1.74% | 759,564 | Common | SOLE |
| 57636Q104 | MA | MASTERCARD INCORPORATED | $27.1M | 1.55% | 54,300 | Common | SOLE |
| 38141G104 | GS | GOLDMAN SACHS GROUP INC | $25.3M | 1.45% | 29,899 | Common | SOLE |
| 244199105 | DE | DEERE & CO | $23.3M | 1.33% | 41,349 | Common | SOLE |
| 007903107 | AMD | ADVANCED MICRO DEVICES INC | $18.9M | 1.08% | 93,100 | Common | SOLE |
| 651639106 | NEM | NEWMONT CORP | $18.7M | 1.07% | 173,099 | Common | SOLE |
| 697435105 | PANW | PALO ALTO NETWORKS INC | $17.1M | 0.98% | 106,648 | Common | SOLE |
| 443201108 | HWM | HOWMET AEROSPACE INC | $16.5M | 0.94% | 71,462 | Common | SOLE |
| 595112103 | MU | MICRON TECHNOLOGY INC | $16.3M | 0.93% | 48,150 | Common | SOLE |
| G8994E103 | TT | TRANE TECHNOLOGIES PLC | $15.1M | 0.86% | 36,250 | Common | SOLE |
| 92537N108 | VRT | VERTIV HOLDINGS CO | $14.7M | 0.84% | 58,470 | Common | SOLE |
| 465562106 | ITUB | ITAU UNIBANCO HLDG S A | $14.6M | 0.83% | 1,737,271 | Common | SOLE |
| G3643J108 | FLUT | FLUTTER ENTMT PLC | $14.1M | 0.81% | 138,989 | Common | SOLE |
| 23331A109 | DHI | D R HORTON INC | $13.8M | 0.79% | 100,644 | Common | SOLE |
| 040413205 | ANET | ARISTA NETWORKS INC | $12.7M | 0.73% | 103,250 | Common | SOLE |
| 68389X105 | ORCL | ORACLE CORP | $12.3M | 0.71% | 83,900 | Common | SOLE |
| 58507V107 | MDLN | MEDLINE INC | $11.1M | 0.64% | 250,000 | Common | SOLE |
| 46120E602 | ISRG | INTUITIVE SURGICAL INC | $11.0M | 0.63% | 23,950 | Common | SOLE |
| 79466L302 | CRM | SALESFORCE INC | $11.0M | 0.63% | 59,000 | Common | SOLE |
| G54950103 | LIN | LINDE PLC | $11.0M | 0.63% | 22,114 | Common | SOLE |
| 34631F102 | FPS | FORGENT POWER SOLUTIONS INC | $9.6M | 0.55% | 328,000 | Common | SOLE |
| G29183103 | ETN | EATON CORP PLC | $9.4M | 0.54% | 26,236 | Common | SOLE |
| 37045V100 | GM | GENERAL MTRS CO | $8.0M | 0.46% | 107,843 | Common | SOLE |
| G6683N103 | NU | NU HLDGS LTD | $7.8M | 0.45% | 544,000 | Common | SOLE |
| 458140100 | INTC | INTEL CORP | $7.6M | 0.44% | 172,400 | Common | SOLE |
| 90353T100 | UBER | UBER TECHNOLOGIES INC | $7.2M | 0.41% | 100,000 | Common | SOLE |
| 883556102 | TMO | THERMO FISHER SCIENTIFIC INC | $7.0M | 0.40% | 14,335 | Common | SOLE |
| 863667101 | SYK | STRYKER CORPORATION | $7.0M | 0.40% | 21,320 | Common | SOLE |
| 82509L107 | SHOP | SHOPIFY INC | $6.5M | 0.37% | 55,000 | Common | SOLE |
| 22788C105 | CRWD | CROWDSTRIKE HLDGS INC | $6.5M | 0.37% | 16,680 | Common | SOLE |
| G27907107 | DOLE | DOLE PLC | $6.4M | 0.37% | 449,117 | Common | SOLE |
| 929740108 | WAB | WABTEC | $6.2M | 0.36% | 24,960 | Common | SOLE |
| 09857L108 | BKNG | BOOKING HOLDINGS INC | $6.1M | 0.35% | 1,450 | Common | SOLE |
| 46625H100 | JPM | JPMORGAN CHASE & CO | $5.9M | 0.34% | 20,000 | Common | SOLE |
| 833445109 | SNOW | SNOWFLAKE INC | $5.9M | 0.34% | 38,800 | Common | SOLE |
| 052769106 | ADSK | AUTODESK INC | $5.5M | 0.31% | 22,800 | Common | SOLE |
| L8681T102 | SPOT | SPOTIFY TECHNOLOGY S A | $5.3M | 0.30% | 10,900 | Common | SOLE |
| 008073AA6 | AVAV 0 07/15/30 | AEROVIRONMENT INC | $5.2M | 0.30% | 5,250,000 | Common | SOLE |
| 882508104 | TXN | TEXAS INSTRS INC | $4.8M | 0.27% | 24,600 | Common | SOLE |
| 252131107 | DXCM | DEXCOM INC | $4.7M | 0.27% | 75,000 | Common | SOLE |
| 631103108 | NDAQ | NASDAQ INC | $4.4M | 0.25% | 51,350 | Common | SOLE |
| 00206R102 | T | AT&T INC | $4.3M | 0.25% | 150,000 | Common | SOLE |
| 03831W108 | APP | APPLOVIN CORP | $4.3M | 0.25% | 10,900 | Common | SOLE |
| 871607107 | SNPS | SYNOPSYS INC | $4.3M | 0.24% | 10,750 | Common | SOLE |
| 922475108 | VEEV | VEEVA SYS INC | $3.9M | 0.22% | 22,360 | Common | SOLE |
| 81762P102 | NOW | SERVICENOW INC | $3.9M | 0.22% | 36,900 | Common | SOLE |
| 101137107 | BSX | BOSTON SCIENTIFIC CORP | $3.8M | 0.22% | 61,000 | Common | SOLE |
| 74275K108 | PCOR | PROCORE TECHNOLOGIES INC | $3.5M | 0.20% | 60,900 | Common | SOLE |
| 679295105 | OKTA | OKTA INC | $3.5M | 0.20% | 44,000 | Common | SOLE |
| 23804L103 | DDOG | DATADOG INC | $3.1M | 0.18% | 26,650 | Common | SOLE |
| 038222105 | AMAT | APPLIED MATLS INC | $3.1M | 0.18% | 9,000 | Common | SOLE |
| G5279N105 | KLAR | KLARNA GROUP PLC | $2.2M | 0.13% | 171,500 | Common | SOLE |
| 98419M100 | XYL | XYLEM INC | $1.8M | 0.10% | 15,050 | Common | SOLE |
| 36828A101 | GEV | GE VERNOVA INC | $1.8M | 0.10% | 2,045 | Common | SOLE |
| 888787108 | TOST | TOAST INC | $1.8M | 0.10% | 67,000 | Common | SOLE |
| 532457108 | LLY | ELI LILLY & CO | $1.8M | 0.10% | 1,930 | Common | SOLE |
| 732908108 | PONY | PONY AI INC | $1.8M | 0.10% | 187,500 | Common | SOLE |
| 65339F101 | NEE | NEXTERA ENERGY INC | $1.7M | 0.10% | 18,400 | Common | SOLE |
| 76954AAD5 | RIVN 3.625 10/15/30 | RIVIAN AUTOMOTIVE INC | $1.7M | 0.09% | 1,700,000 | Common | SOLE |
| 336433107 | FSLR | FIRST SOLAR INC | $1.4M | 0.08% | 6,900 | Common | SOLE |
| G51502105 | JCI | JOHNSON CONTROLS INTERNATION | $1.2M | 0.07% | 9,250 | Common | SOLE |
| 67059NAK4 | NTNX 0.5 12/15/29 | NUTANIX INC | $1.1M | 0.07% | 1,250,000 | Common | SOLE |
| 00971TAN1 | AKAM 1.125 02/15/29 | AKAMAI TECHNOLOGIES INC | $1.1M | 0.06% | 950,000 | Common | SOLE |
| 94106L109 | WM | WASTE MGMT INC DEL | $1.1M | 0.06% | 4,720 | Common | SOLE |
| 23804LAD5 | DDOG 0 12/01/29 | DATADOG INC | $1.0M | 0.06% | 1,070,000 | Common | SOLE |
| 18915MAC1 | NET 0 08/15/26 | CLOUDFLARE INC | $917,709 | 0.05% | 780,000 | Common | SOLE |
| 235851102 | DHR | DANAHER CORP DEL | $891,120 | 0.05% | 4,700 | Common | SOLE |
| 40637HAF6 | HALO 1 08/15/28 | HALOZYME THERAPEUTICS INC | $812,094 | 0.05% | 630,000 | Common | SOLE |
| 81725T100 | SXT | SENSIENT TECHNOLOGIES CORP | $723,071 | 0.04% | 8,365 | Common | SOLE |
| 594972AQ4 | MSTR 0.625 09/15/28 | STRATEGY INC | $716,483 | 0.04% | 650,000 | Common | SOLE |
| 65339KCY4 | NEE 3 03/01/27 | NEXTERA ENERGY CAP HLDGS INC | $626,549 | 0.04% | 450,000 | Common | SOLE |
| 74340W103 | PLD | PROLOGIS INC. | $582,253 | 0.03% | 4,405 | Common | SOLE |
| 565788AF3 | MARA 0 03/01/30 | MARA HOLDINGS INC | $576,321 | 0.03% | 650,000 | Common | SOLE |
| 92338C103 | VLTO | VERALTO CORP | $566,772 | 0.03% | 6,410 | Common | SOLE |
| 343412AJ1 | FLR 1.125 08/15/29 | FLUOR CORP | $558,498 | 0.03% | 450,000 | Common | SOLE |
| 00827BAD8 | AFRM 0.75 12/15/29 | AFFIRM HLDGS INC | $551,860 | 0.03% | 590,000 | Common | SOLE |
| 98978V103 | ZTS | ZOETIS INC | $543,175 | 0.03% | 4,595 | Common | SOLE |
| 81180WBL4 | STX 3.5 06/01/28 | SEAGATE HDD CAYMAN | $539,052 | 0.03% | 120,000 | Common | SOLE |
| N82405106 | STLA | STELLANTIS N.V | $483,238 | 0.03% | 69,106 | Common | NONE |
| 30063PAC9 | EXAS 0.375 03/01/28 | EXACT SCIENCES CORP | $467,029 | 0.03% | 450,000 | Common | SOLE |
| 531229AQ5 | FWONK 2.25 08/15/27 | LIBERTY MEDIA CORP DEL | $462,410 | 0.03% | 400,000 | Common | SOLE |
| 40171VAC4 | GWRE 1.25 11/01/29 | GUIDEWIRE SOFTWARE INC | $380,999 | 0.02% | 380,000 | Common | SOLE |
| 40131MAB5 | GH 0 11/15/27 | GUARDANT HEALTH INC | $355,890 | 0.02% | 350,000 | Common | SOLE |
| 62914VAK2 | NIO 4.625 10/15/30 | NIO INC | $347,748 | 0.02% | 360,000 | Common | SOLE |
| 70202LAD4 | PSN 2.625 03/01/29 | PARSONS CORP DEL | $345,974 | 0.02% | 350,000 | Common | SOLE |
| 759916AD1 | RGEN 1 12/15/28 | REPLIGEN CORP | $341,475 | 0.02% | 350,000 | Common | SOLE |
| 90353TAM2 | UBER 0.875 12/01/28 2028 | UBER TECHNOLOGIES INC | $313,882 | 0.02% | 260,000 | Common | SOLE |
| 02079K107 | GOOG | ALPHABET INC | $261,462 | 0.01% | 880 | Common | SOLE |
| 26210CAD6 | DBX 0 03/01/28 | DROPBOX INC | $94,951 | 0.01% | 100,000 | 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.