Franchise Capital Ltd

CIK 1859388 · View on SEC EDGAR ↗

Portfolio value
$229.8M
#5,999 of 9,443 by 13F value · top 63.5%
Positions
30
As of
Sept. 30, 2025 Data as of Q3 2025

Portfolio value QoQ: +19.8% 13F does not disclose cash

Top 10 holdings weight
96.45%
Top 25 holdings weight
99.85%
Positions above 1%
10
Effective number of positions
4.9

Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)

Turnover Q3 2025: 3.58% Est. buys $14,595,979 · sells $7,541,689

Median holding: 3.0 quarters Tracked Q4 2024–Q3 2025 · 76.9% still held

New positions
8
Increased
5
Decreased
5
Closed
2
On this page

Performance vs S&P 500

Tracked Q4 2024–Q3 2025
+34.0%
S&P 500 total return (same window)
+13.4%
Excess return
+20.6%

Annualized: +47.9% · S&P 500: +18.3%

Approximates a buy-and-hold portfolio built from quarterly SEC 13F snapshots. Excludes cash, short positions, options/derivatives, and non-13(f) securities — reflects the disclosed long-equity book only, not total fund AUM. SEC filing lag is up to 45 days; this is not a real-time-copyable timing.

Priceable coverage: 93.0% · Options excluded: 0.0%

Sector breakdown

Technology
47.2%
Retail
29.2%
Communication Services
11.5%
Consumer Discretionary
3.6%
Financials
0.6%
Real Estate
0.6%
Consumer products
0.2%
Other/Unmapped
7.2%

Full portfolio 30 positions

Type Streak 8Q trend
NVDA NVIDIA Corporation - Common Stock $68,112,895 29.65% 365,060 $10,437,066
PDD PDD Holdings Inc. - American Depositary Shares $66,277,968 28.85% 501,460 $13,733,415 Down ×3
TSM Taiwan Semiconductor Manufacturing Company Ltd. $33,397,498 14.54% 119,580 $6,313,824
META Meta Platforms, Inc. - Class A Common Stock $17,845,434 7.77% 24,300 $-6,253,205 Down ×3
LKNCY $16,014,411 6.97% 421,321 $311,777
GOOG Alphabet Inc. - Class C Capital Stock $6,454,075 2.81% 26,500
TSLA Tesla, Inc. - Common Stock $5,699,087 2.48% 12,815 $1,628,274
AVGO Broadcom Inc. - Common Stock $2,734,954 1.19% 8,290
CHA Chagee Holdings Limited - American Depositary Shares, each representing 1 Class A ordinary share $2,605,913 1.13% 157,457 $-1,505,289
CRDO Credo Technology Group Holding Ltd - Ordinary Shares $2,446,248 1.06% 16,800 Up ×1
RBLX Roblox Corporation Class A Common Stock $2,097,193 0.91% 15,140 $498,153 Down ×1
YB Yuanbao Inc. - American Depositary Shares $1,309,320 0.57% 66,666 $-91,999
PLTR Palantir Technologies Inc. - Class A Common Stock $857,374 0.37% 4,700
SE Sea Limited American Depositary Shares, each representing one Class A Ordinary Share $762,462 0.33% 4,266 Up ×1
SHOP Shopify Inc. - Class A Subordinate Voting Shares $760,735 0.33% 5,119 Up ×1
IBIT iShares Bitcoin Trust ETF $259,545 0.11% 3,993 $100,215 Up ×1
ETHA iShares Ethereum Trust ETF $222,146 0.10% 7,050 Up ×1
VTR Ventas, Inc. Common Stock $222,008 0.10% 3,172 $21,696
DLR Digital Realty Trust, Inc. Common Stock $219,212 0.10% 1,268 $29,541 Up ×1
PHM PulteGroup, Inc. Common Stock $216,693 0.09% 1,640 $79,595 Up ×1
EQIX Equinix, Inc. - Common Stock $209,125 0.09% 267 $36,508 Up ×2
HST Host Hotels & Resorts, Inc. - Common Stock $193,943 0.08% 11,395 $18,916
AHR American Healthcare REIT, Inc. Common Stock $183,794 0.08% 4,375 $23,056
DHI D.R. Horton, Inc. Common Stock $182,519 0.08% 1,077 $101,815 Up ×2
CRCL Circle Internet Group, Inc. Class A Common Stock $115,345 0.05% 870 $-1,697,555 Down ×1
WELL Welltower Inc. Common Stock $101,362 0.04% 569 $-16,856 Down ×1
BEKE KE Holdings Inc American Depositary Shares (each representing three Class A Ordinary Shares) $76,000 0.03% 4,000 Up ×1
VICI VICI Properties Inc. Common Stock $74,873 0.03% 2,296 $23
NVR NVR, Inc. Common Stock $56,243 0.02% 7 $4,543
IRM Iron Mountain Incorporated (Delaware)Common Stock REIT $46,383 0.02% 455 $-286

Biggest new bets

New positions opened this quarter, largest first.

Security Value Shares % of portfolio
GOOG $6,454,075 26,500 2.81%
AVGO $2,734,954 8,290 1.19%
CRDO $2,446,248 16,800 1.06%
PLTR $857,374 4,700 0.37%
SE $762,462 4,266 0.33%
SHOP $760,735 5,119 0.33%
ETHA $222,146 7,050 0.10%
BEKE $76,000 4,000 0.03%

Top movers (QoQ)

Security Action Shares Δ Value Δ
PDD Trimmed -590 +$13.7M
NVDA Price move only +0 +$10.4M
TSM Price move only +0 +$6.3M
META Trimmed -8K -$6.3M
TSLA Price move only +0 +$1.6M
CHA Price move only +0 -$1.5M
RBLX Trimmed -60 +$498K
LKNCY Price move only +0 +$312K
DHI Bought more +451 +$102K
IBIT Bought more +1K +$100K

1 position hidden (data completeness check)

Exited positions

Includes corporate events (mergers, delistings) — not all exits are sells

Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.

SecurityQuarter Shares before Value before Price since exit
MSFT March 31, 2025 11,180 $4,712,370 28.7%
GOOG March 31, 2025 19,350 $3,685,014 117.7%
NOW March 31, 2025 3,410 $3,615,009 -18.6%
PLTR March 31, 2025 47,609 $3,600,669 106.9%
APP March 31, 2025 8,682 $2,811,492 19.4%
AVGO March 31, 2025 8,700 $2,017,008 117.5%
LI March 31, 2025 71,050 $1,704,490 -49.3%
ORCL March 31, 2025 9,720 $1,619,741 2.0%
DUOL June 30, 2025 5,146 $1,598,039 -64.0%
MRVL March 31, 2025 13,368 $1,476,496 295.1%
EPRT Sept. 30, 2025 1,287 $41,068 4.9%
LEN Sept. 30, 2025 327 $36,169 -31.9%