2Xideas AG
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 14, 2025), 2Xideas AG reported 57 stock positions worth $580.8 million. Its top holding was Intercontinental Exchange (ICE) at 8.9% of the portfolio, followed by Fortinet (FTNT, 8.8%) and PTC (PTC, 7.9%). Compared with Q1 2025, it opened 2 new positions, sold out of 6, added to 11 and reduced 44. The biggest buy was Edwards Lifesciences (EW, shares +173%) and the biggest sale Iqvia (IQV, shares −69%).
- Most Recent 13F
- Q2 2026
- Location
- KUSNACHT, V8
- CIK
- 0001843587
- Portfolio Value
- $580.8M (Q2 2025)
- SEC Filing
- 0001420506-25-001999 ↗ filed Aug 14, 2025
Holdings Value
Holdings 57 stocks · $580.8M
| ICE Intercontinental Exchange Inc. | 8.91% | 282,187 | $51.8M | Reduce -11.1% |
| FTNT Fortinet Inc. | 8.83% | 485,213 | $51.3M | Reduce -12.5% |
| PTC PTC Inc. | 7.86% | 264,951 | $45.7M | Reduce -4.2% |
| EW Edwards Lifesciences Corp. | 7.01% | 520,711 | $40.7M | Add +173.2% |
| RMD Resmed Inc. | 3.34% | 75,214 | $19.4M | Reduce -5.2% |
| FERG Ferguson Enterprises Inc. | 3.04% | 81,005 | $17.6M | Reduce -16.9% |
| ADSK Autodesk Inc. | 2.91% | 54,679 | $16.9M | Reduce -14.7% |
| RYAN Ryan Specialty Holdings Inc. | 2.36% | 201,819 | $13.7M | Add +11.7% |
| KNSL Kinsale Capital Group Inc. | 2.22% | 26,665 | $12.9M | Reduce -15.1% |
| CSGP Costar Group Inc. | 2.22% | 160,167 | $12.9M | Reduce -8.8% |
| DXCM Dexcom Inc. | 2.17% | 144,099 | $12.6M | Reduce -16.1% |
| PLNT Planet Fitness Inc. Class A | 2.12% | 112,894 | $12.3M | Reduce -10.7% |
| IT Gartner Inc. | 1.89% | 27,103 | $11.0M | Reduce -9.7% |
| IQV Iqvia Holdings Inc. | 1.71% | 62,894 | $9.9M | Reduce -69.2% |
| KLAC KLA Corp. | 1.67% | 10,810 | $9.7M | Reduce -27.7% |
| HALO Halozyme Therapeutics Inc. | 1.65% | 184,546 | $9.6M | Reduce -25.2% |
| BAM Brookfield Asset Mgmt-A | 1.61% | 169,258 | $9.4M | Reduce -9.4% |
| NBIX Neurocrine Biosciences Inc. | 1.47% | 67,813 | $8.5M | Reduce -6.5% |
| TW Tradeweb Markets Inc. Class A | 1.46% | 57,878 | $8.5M | Add +6.3% |
| NYT New York Times Co. Class A | 1.44% | 149,714 | $8.4M | Reduce -31.0% |
| CCC CCC Intelligent Solutions Ho | 1.44% | 885,722 | $8.3M | Reduce -1.5% |
| MSCI MSCI Inc. | 1.38% | 13,895 | $8.0M | Reduce -20.1% |
| EXLS Exlservice Holdings Inc. | 1.29% | 171,163 | $7.5M | Reduce -18.8% |
| LH Labcorp Holdings Inc. | 1.26% | 27,921 | $7.3M | Reduce -14.0% |
| CSL Carlisle Cos Inc. | 1.26% | 19,549 | $7.3M | Reduce -31.4% |
| LPLA LPL Financial Holdings Inc. | 1.26% | 19,439 | $7.3M | Reduce -32.1% |
| WCN Waste Connections Inc. | 1.25% | 38,974 | $7.3M | Add +19.0% |
| DPZ Domino's Pizza Inc. | 1.24% | 15,973 | $7.2M | Reduce -26.6% |
| ANSS Ansys Inc. | 1.20% | 19,865 | $7.0M | Reduce -24.0% |
| ENTG Entegris Inc. | 1.18% | 84,767 | $6.8M | Add +3.8% |
| KEYS Keysight Technologies Inc. | 1.18% | 41,673 | $6.8M | Reduce -18.5% |
| DLB Dolby Laboratories Inc. Class A | 1.15% | 89,750 | $6.7M | Add +4.7% |
| WSO Watsco Inc. | 1.14% | 15,000 | $6.6M | Add +11.6% |
| ALGN Align Technology Inc. | 1.06% | 32,429 | $6.1M | Reduce -18.3% |
| MELI MercadoLibre Inc. | 1.05% | 2,342 | $6.1M | Reduce -22.0% |
| LYV Live Nation Entertainment Inc. | 1.03% | 39,427 | $6.0M | Add +0.5% |
| AXP American Express Co. | 1.01% | 18,325 | $5.8M | Reduce -1.8% |
| BLD Topbuild Corp. | 0.94% | 16,912 | $5.5M | Reduce -47.9% |
| COO The Cooper Cos Inc. | 0.92% | 75,044 | $5.3M | Reduce -19.3% |
| ISRG Intuitive Surgical Inc. | 0.90% | 9,662 | $5.3M | Reduce -14.1% |
| TYL Tyler Technologies Inc. | 0.88% | 8,663 | $5.1M | Add +55.1% |
| OS Onestream Inc. | 0.85% | 174,621 | $4.9M | New |
| RBC RBC Bearings Inc. | 0.85% | 12,840 | $4.9M | Add +16.1% |
| HOLX Hologic Inc. | 0.79% | 70,218 | $4.6M | Reduce -45.2% |
| NVT Nvent Electric PLC | 0.76% | 60,203 | $4.4M | New |
| FWONK Liberty Media Corp. Class C | 0.70% | 39,171 | $4.1M | Reduce -6.3% |
| LNTH Lantheus Holdings Inc. | 0.69% | 49,079 | $4.0M | Reduce -30.4% |
| POOL Pool Corp. | 0.66% | 13,244 | $3.9M | Add +10.9% |
| CERT Certara Inc. | 0.63% | 314,766 | $3.7M | Reduce -41.5% |
| TECH Bio-Techne Corp. | 0.61% | 69,258 | $3.6M | Reduce -2.1% |
| PAYC Paycom Software Inc. | 0.60% | 15,174 | $3.5M | Reduce -21.5% |
| SCI Service Corp. International | 0.55% | 39,179 | $3.2M | Reduce -11.4% |
| APG Api Group Corp. | 0.53% | 91,130 | $3.1M | Reduce -11.9% |
| GLBE Global-E Online Ltd. | 0.51% | 87,696 | $2.9M | Reduce -47.2% |
| RLI Rli Corp. | 0.50% | 40,381 | $2.9M | Reduce -64.3% |
| H Hyatt Hotels Corp. Class A | 0.48% | 20,134 | $2.8M | Reduce -25.1% |
| RVTY Revvity Inc. | 0.36% | 21,421 | $2.1M | Reduce -75.3% |
Portfolio Sells Q1 2025 → Q2 2025
| IQV Iqvia Holdings Inc. | Reduce -69.2% | 1.71% | −3.76 |
| ARES Ares Management Corp. Class A | Sold out | 0.00% | −1.37 |
| INTU Intuit Inc. | Sold out | 0.00% | −1.06 |
| TER Teradyne Inc. | Sold out | 0.00% | −1.05 |
| RVTY Revvity Inc. | Reduce -75.3% | 0.36% | −1.04 |
| RLI Rli Corp. | Reduce -64.3% | 0.50% | −0.88 |
| A Agilent Technologies Inc. | Sold out | 0.00% | −0.81 |
| HALO Halozyme Therapeutics Inc. | Reduce -25.2% | 1.65% | −0.74 |
| WSC Willscot Holdings Corp. | Sold out | 0.00% | −0.59 |
| BLD Topbuild Corp. | Reduce -47.9% | 0.94% | −0.56 |
| ADI Analog Devices Inc. | Sold out | 0.00% | −0.50 |
| HOLX Hologic Inc. | Reduce -45.2% | 0.79% | −0.41 |
| GLBE Global-E Online Ltd. | Reduce -47.2% | 0.51% | −0.39 |
| LNTH Lantheus Holdings Inc. | Reduce -30.4% | 0.69% | −0.35 |
| DPZ Domino's Pizza Inc. | Reduce -26.6% | 1.24% | −0.28 |
| COO The Cooper Cos Inc. | Reduce -19.3% | 0.92% | −0.27 |
| EXLS Exlservice Holdings Inc. | Reduce -18.8% | 1.29% | −0.22 |
| CSL Carlisle Cos Inc. | Reduce -31.4% | 1.26% | −0.22 |
| NYT New York Times Co. Class A | Reduce -31.0% | 1.44% | −0.19 |
| CERT Certara Inc. | Reduce -41.5% | 0.63% | −0.18 |
| LPLA LPL Financial Holdings Inc. | Reduce -32.1% | 1.26% | −0.17 |
| MSCI MSCI Inc. | Reduce -20.1% | 1.38% | −0.11 |
| KNSL Kinsale Capital Group Inc. | Reduce -15.1% | 2.22% | −0.10 |
| ANSS Ansys Inc. | Reduce -24.0% | 1.20% | −0.06 |
| PAYC Paycom Software Inc. | Reduce -21.5% | 0.60% | −0.04 |
| APG Api Group Corp. | Reduce -11.9% | 0.53% | −0.03 |
| IT Gartner Inc. | Reduce -9.7% | 1.89% | −0.03 |
| TECH Bio-Techne Corp. | Reduce -2.1% | 0.61% | −0.02 |
| H Hyatt Hotels Corp. Class A | Reduce -25.1% | 0.48% | −0.02 |
| SCI Service Corp. International | Reduce -11.4% | 0.55% | +0.01 |
| KEYS Keysight Technologies Inc. | Reduce -18.5% | 1.18% | +0.01 |
| ISRG Intuitive Surgical Inc. | Reduce -14.1% | 0.90% | +0.06 |
| ALGN Align Technology Inc. | Reduce -18.3% | 1.06% | +0.10 |
| CSGP Costar Group Inc. | Reduce -8.8% | 2.22% | +0.10 |
| LH Labcorp Holdings Inc. | Reduce -14.0% | 1.26% | +0.11 |
| KLAC KLA Corp. | Reduce -27.7% | 1.67% | +0.12 |
| FWONK Liberty Media Corp. Class C | Reduce -6.3% | 0.70% | +0.13 |
| MELI MercadoLibre Inc. | Reduce -22.0% | 1.05% | +0.16 |
| CCC CCC Intelligent Solutions Ho | Reduce -1.5% | 1.44% | +0.20 |
| BAM Brookfield Asset Mgmt-A | Reduce -9.4% | 1.61% | +0.24 |
| AXP American Express Co. | Reduce -1.8% | 1.01% | +0.24 |
| NBIX Neurocrine Biosciences Inc. | Reduce -6.5% | 1.47% | +0.25 |
| PLNT Planet Fitness Inc. Class A | Reduce -10.7% | 2.12% | +0.26 |
| ADSK Autodesk Inc. | Reduce -14.7% | 2.91% | +0.36 |
| DXCM Dexcom Inc. | Reduce -16.1% | 2.17% | +0.38 |
| ICE Intercontinental Exchange Inc. | Reduce -11.1% | 8.91% | +0.60 |
| RMD Resmed Inc. | Reduce -5.2% | 3.34% | +0.64 |
| FERG Ferguson Enterprises Inc. | Reduce -16.9% | 3.04% | +0.66 |
| FTNT Fortinet Inc. | Reduce -12.5% | 8.83% | +0.72 |
| PTC PTC Inc. | Reduce -4.2% | 7.86% | +1.35 |
Portfolio Buys Q1 2025 → Q2 2025
| EW Edwards Lifesciences Corp. | Add +173.2% | 7.01% | +4.91 |
| OS Onestream Inc. | New | 0.85% | +0.85 |
| NVT Nvent Electric PLC | New | 0.76% | +0.76 |
| TYL Tyler Technologies Inc. | Add +55.1% | 0.88% | +0.39 |
| RYAN Ryan Specialty Holdings Inc. | Add +11.7% | 2.36% | +0.33 |
| RBC RBC Bearings Inc. | Add +16.1% | 0.85% | +0.31 |
| WCN Waste Connections Inc. | Add +19.0% | 1.25% | +0.28 |
| LYV Live Nation Entertainment Inc. | Add +0.5% | 1.03% | +0.25 |
| TW Tradeweb Markets Inc. Class A | Add +6.3% | 1.46% | +0.23 |
| WSO Watsco Inc. | Add +11.6% | 1.14% | +0.10 |
| DLB Dolby Laboratories Inc. Class A | Add +4.7% | 1.15% | +0.10 |
| ENTG Entegris Inc. | Add +3.8% | 1.18% | +0.09 |
| POOL Pool Corp. | Add +10.9% | 0.66% | +0.09 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 48 | $232.3M | FTNT, EW, ICE, PTC, RYAN |
| Q1 2026 | 47 | $255.3M | ICE, EW, FTNT, PTC, RMD |
| Q4 2025 | 50 | $357.0M | ICE, EW, FTNT, PTC, RMD |
| Q3 2025 | 56 | $473.6M | ICE, PTC, FTNT, EW, RMD |
| Q2 2025 | 57 | $580.8M | ICE, FTNT, PTC, EW, RMD |
| Q1 2025 | 61 | $658.1M | ICE, FTNT, PTC, IQV, RMD |
| Q4 2024 | 59 | $746.6M | FTNT, PTC, ICE, IQV, ADSK |
| Q3 2024 | 56 | $742.2M | ICE, FTNT, IQV, PTC, RMD |
| Q2 2024 | 51 | $800.9M | ICE, PTC, IQV, FTNT, RMD |
| Q1 2024Amended | 51 | $817.3M | ICE, IQV, FTNT, RMD, PTC |