Spinecap SAS
Portfolio value QoQ: +22.8% 13F does not disclose cash
Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)
Turnover Q2 2026: 2.27% Est. buys $51,568,182 · sells $6,903,243
Median holding: 4.0 quarters Tracked Q2 2025–Q2 2026 · 80.0% still held
Performance vs S&P 500
Annualized: +26.4% · S&P 500: +21.7%
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.
Sector breakdown
Full portfolio 16 positions
| Type | Streak | 8Q trend | |||||
|---|---|---|---|---|---|---|---|
| MA | $40,644,763 | 12.14% | 79,137 | $4,533,336 | Up ×4 | ||
| APO | $38,038,203 | 11.36% | 321,513 | $1,873,500 | Down ×1 | ||
| GOOGL | $36,524,643 | 10.91% | 102,204 | $4,525,254 | Down ×4 | ||
| TMO | $36,339,074 | 10.86% | 72,481 | $2,173,807 | Up ×1 | ||
| Unknown issuer (CUSIP: 866966104) | $35,629,185 | 10.64% | 476,262 | Up ×1 | |||
| MSFT | $32,407,605 | 9.68% | 86,879 | $1,073,455 | Up ×1 | ||
| KKR | $19,021,405 | 5.68% | 207,250 | $4,184,405 | Up ×1 | ||
| DHR | $11,970,906 | 3.58% | 62,846 | $2,599,926 | Up ×1 | ||
| V | $11,272,908 | 3.37% | 32,857 | $1,812,796 | Up ×1 | ||
| SNPS | $11,158,887 | 3.33% | 25,016 | $1,775,792 | Up ×1 | ||
| TDG | $10,908,076 | 3.26% | 8,189 | $1,096,321 | Down ×2 | ||
| AVGO | $10,781,363 | 3.22% | 28,541 | $877,972 | Down ×2 | ||
| BX | $10,442,036 | 3.12% | 88,740 | $31,532 | Down ×1 | ||
| AMZN | $10,332,754 | 3.09% | 43,353 | $312,885 | Down ×2 | ||
| BLK | $9,660,793 | 2.89% | 10,047 | $-279,441 | Down ×1 | ||
| ICE | $9,600,241 | 2.87% | 77,981 | $15,284 | Up ×1 | ||
| No matches | |||||||
Conviction holdings
Positions increased for 3+ consecutive quarters.
Share counts are as reported in 13F filings (not split-adjusted)
| Security | Value | % of portfolio | Streak |
|---|---|---|---|
| MA | $40,644,763 | 12.14% | up ×4 |
Biggest new bets
New positions opened this quarter, largest first.
| Security | Value | Shares | % of portfolio |
|---|---|---|---|
| Unknown issuer (CUSIP: 866966104) | $35,629,185 | 476,262 | 10.64% |
Top movers (QoQ)
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.