2Xideas AG
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 14, 2025), 2Xideas AG reported 56 stock positions worth $473.6 million. Its top holding was Intercontinental Exchange (ICE) at 9.4% of the portfolio, followed by PTC (PTC, 9.0%) and Fortinet (FTNT, 9.0%). Compared with Q2 2025, it opened 5 new positions, sold out of 6, added to 6 and reduced 45. The biggest buy was Resmed (RMD, shares +11%) and the biggest sale an exit from Ansys (ANSS).
- Most Recent 13F
- Q2 2026
- Location
- KUSNACHT, V8
- CIK
- 0001843587
- Portfolio Value
- $473.6M (Q3 2025)
- SEC Filing
- 0001420506-25-003226 ↗ filed Nov 14, 2025
Holdings Value
Holdings 56 stocks · $473.6M
| ICE Intercontinental Exchange Inc. | 9.40% | 264,349 | $44.5M | Reduce -6.3% |
| PTC PTC Inc. | 8.99% | 209,680 | $42.6M | Reduce -20.9% |
| FTNT Fortinet Inc. | 8.96% | 504,805 | $42.4M | Add +4.0% |
| EW Edwards Lifesciences Corp. | 7.99% | 486,257 | $37.8M | Reduce -6.6% |
| RMD Resmed Inc. | 4.83% | 83,611 | $22.9M | Add +11.2% |
| ADSK Autodesk Inc. | 2.92% | 43,605 | $13.9M | Reduce -20.3% |
| HALO Halozyme Therapeutics Inc. | 2.46% | 158,824 | $11.6M | Reduce -13.9% |
| CSGP Costar Group Inc. | 2.21% | 124,002 | $10.5M | Reduce -22.6% |
| BAM Brookfield Asset Mgmt-A | 2.20% | 183,479 | $10.4M | Add +8.4% |
| PLNT Planet Fitness Inc. Class A | 2.11% | 96,256 | $10.0M | Reduce -14.7% |
| RYAN Ryan Specialty Holdings Inc. | 2.05% | 172,653 | $9.7M | Reduce -14.4% |
| IQV Iqvia Holdings Inc. | 2.02% | 50,475 | $9.6M | Reduce -19.8% |
| KNSL Kinsale Capital Group Inc. | 2.02% | 22,523 | $9.6M | Reduce -15.5% |
| DXCM Dexcom Inc. | 1.92% | 135,199 | $9.1M | Reduce -6.2% |
| FERG Ferguson Enterprises Inc. | 1.87% | 39,377 | $8.8M | Reduce -51.4% |
| KLAC KLA Corp. | 1.80% | 7,882 | $8.5M | Reduce -27.1% |
| CCC CCC Intelligent Solutions Ho | 1.66% | 862,315 | $7.9M | Reduce -2.6% |
| NBIX Neurocrine Biosciences Inc. | 1.51% | 50,797 | $7.1M | Reduce -25.1% |
| NYT New York Times Co. Class A | 1.43% | 117,819 | $6.8M | Reduce -21.3% |
| BRO Brown & Brown Inc. | 1.40% | 70,685 | $6.6M | New |
| MSCI MSCI Inc. | 1.37% | 11,428 | $6.5M | Reduce -17.8% |
| LPLA LPL Financial Holdings Inc. | 1.34% | 19,071 | $6.3M | Reduce -1.9% |
| EXLS Exlservice Holdings Inc. | 1.31% | 141,444 | $6.2M | Reduce -17.4% |
| KEYS Keysight Technologies Inc. | 1.28% | 34,535 | $6.0M | Reduce -17.1% |
| LH Labcorp Holdings Inc. | 1.26% | 20,870 | $6.0M | Reduce -25.3% |
| DPZ Domino's Pizza Inc. | 1.21% | 13,286 | $5.7M | Reduce -16.8% |
| NVT Nvent Electric PLC | 1.17% | 56,178 | $5.5M | Reduce -6.7% |
| WCN Waste Connections Inc. | 1.14% | 30,745 | $5.4M | Reduce -21.1% |
| LYV Live Nation Entertainment Inc. | 1.09% | 31,728 | $5.2M | Reduce -19.5% |
| AXP American Express Co. | 1.06% | 15,160 | $5.0M | Reduce -17.3% |
| TW Tradeweb Markets Inc. Class A | 1.06% | 45,257 | $5.0M | Reduce -21.8% |
| DLB Dolby Laboratories Inc. Class A | 1.03% | 67,477 | $4.9M | Reduce -24.8% |
| ISRG Intuitive Surgical Inc. | 1.02% | 10,764 | $4.8M | Add +11.4% |
| RBC RBC Bearings Inc. | 0.96% | 11,659 | $4.6M | Reduce -9.2% |
| FWONK Liberty Media Corp. Class C | 0.94% | 42,708 | $4.5M | Add +9.0% |
| COO The Cooper Cos Inc. | 0.93% | 64,156 | $4.4M | Reduce -14.5% |
| HOLX Hologic Inc. | 0.91% | 63,554 | $4.3M | Reduce -9.5% |
| MELI MercadoLibre Inc. | 0.88% | 1,780 | $4.2M | Reduce -24.0% |
| CSL Carlisle Cos Inc. | 0.81% | 11,689 | $3.8M | Reduce -40.2% |
| MANH Manhattan Associates Inc. | 0.81% | 18,677 | $3.8M | New |
| POOL Pool Corp. | 0.78% | 11,971 | $3.7M | Reduce -9.6% |
| TYL Tyler Technologies Inc. | 0.74% | 6,695 | $3.5M | Reduce -22.7% |
| IT Gartner Inc. | 0.73% | 13,142 | $3.5M | Reduce -51.5% |
| SCI Service Corp. International | 0.72% | 41,230 | $3.4M | Add +5.2% |
| PAYC Paycom Software Inc. | 0.62% | 14,113 | $2.9M | Reduce -7.0% |
| H Hyatt Hotels Corp. Class A | 0.57% | 19,053 | $2.7M | Reduce -5.4% |
| TECH Bio-Techne Corp. | 0.56% | 47,822 | $2.7M | Reduce -30.9% |
| ENTG Entegris Inc. | 0.55% | 28,053 | $2.6M | Reduce -66.9% |
| OS Onestream Inc. | 0.53% | 136,006 | $2.5M | Reduce -22.1% |
| SNPS Synopsys Inc. | 0.51% | 4,910 | $2.4M | New |
| APG Api Group Corp. | 0.50% | 68,687 | $2.4M | Reduce -49.8% |
| CERT Certara Inc. | 0.48% | 184,198 | $2.3M | Reduce -41.5% |
| ALGN Align Technology Inc. | 0.42% | 15,948 | $2.0M | Reduce -50.8% |
| VERX Vertex Inc. Class A | 0.33% | 63,266 | $1.6M | New |
| EFOR Everforth Inc. filed as ASGN INC | 0.31% | 30,775 | $1.5M | New |
| RLI Rli Corp. | 0.30% | 21,837 | $1.4M | Reduce -45.9% |
Portfolio Sells Q2 2025 → Q3 2025
| ANSS Ansys Inc. | Sold out | 0.00% | −1.20 |
| FERG Ferguson Enterprises Inc. | Reduce -51.4% | 1.87% | −1.17 |
| IT Gartner Inc. | Reduce -51.5% | 0.73% | −1.16 |
| WSO Watsco Inc. | Sold out | 0.00% | −1.14 |
| BLD Topbuild Corp. | Sold out | 0.00% | −0.94 |
| LNTH Lantheus Holdings Inc. | Sold out | 0.00% | −0.69 |
| ALGN Align Technology Inc. | Reduce -50.8% | 0.42% | −0.64 |
| ENTG Entegris Inc. | Reduce -66.9% | 0.55% | −0.63 |
| GLBE Global-E Online Ltd. | Sold out | 0.00% | −0.51 |
| CSL Carlisle Cos Inc. | Reduce -40.2% | 0.81% | −0.44 |
| TW Tradeweb Markets Inc. Class A | Reduce -21.8% | 1.06% | −0.40 |
| RVTY Revvity Inc. | Sold out | 0.00% | −0.36 |
| OS Onestream Inc. | Reduce -22.1% | 0.53% | −0.32 |
| RYAN Ryan Specialty Holdings Inc. | Reduce -14.4% | 2.05% | −0.31 |
| DXCM Dexcom Inc. | Reduce -6.2% | 1.92% | −0.24 |
| RLI Rli Corp. | Reduce -45.9% | 0.30% | −0.20 |
| KNSL Kinsale Capital Group Inc. | Reduce -15.5% | 2.02% | −0.20 |
| MELI MercadoLibre Inc. | Reduce -24.0% | 0.88% | −0.18 |
| CERT Certara Inc. | Reduce -41.5% | 0.48% | −0.16 |
| TYL Tyler Technologies Inc. | Reduce -22.7% | 0.74% | −0.14 |
| DLB Dolby Laboratories Inc. Class A | Reduce -24.8% | 1.03% | −0.12 |
| WCN Waste Connections Inc. | Reduce -21.1% | 1.14% | −0.11 |
| TECH Bio-Techne Corp. | Reduce -30.9% | 0.56% | −0.05 |
| APG Api Group Corp. | Reduce -49.8% | 0.50% | −0.04 |
| DPZ Domino's Pizza Inc. | Reduce -16.8% | 1.21% | −0.03 |
| NYT New York Times Co. Class A | Reduce -21.3% | 1.43% | −0.02 |
| MSCI MSCI Inc. | Reduce -17.8% | 1.37% | −0.01 |
| PLNT Planet Fitness Inc. Class A | Reduce -14.7% | 2.11% | −0.01 |
| CSGP Costar Group Inc. | Reduce -22.6% | 2.21% | −0.01 |
| LH Labcorp Holdings Inc. | Reduce -25.3% | 1.26% | +0.00 |
| COO The Cooper Cos Inc. | Reduce -14.5% | 0.93% | +0.01 |
| ADSK Autodesk Inc. | Reduce -20.3% | 2.92% | +0.01 |
| PAYC Paycom Software Inc. | Reduce -7.0% | 0.62% | +0.02 |
| EXLS Exlservice Holdings Inc. | Reduce -17.4% | 1.31% | +0.02 |
| NBIX Neurocrine Biosciences Inc. | Reduce -25.1% | 1.51% | +0.04 |
| AXP American Express Co. | Reduce -17.3% | 1.06% | +0.06 |
| LYV Live Nation Entertainment Inc. | Reduce -19.5% | 1.09% | +0.07 |
| LPLA LPL Financial Holdings Inc. | Reduce -1.9% | 1.34% | +0.08 |
| H Hyatt Hotels Corp. Class A | Reduce -5.4% | 0.57% | +0.09 |
| KEYS Keysight Technologies Inc. | Reduce -17.1% | 1.28% | +0.10 |
| RBC RBC Bearings Inc. | Reduce -9.2% | 0.96% | +0.11 |
| HOLX Hologic Inc. | Reduce -9.5% | 0.91% | +0.12 |
| POOL Pool Corp. | Reduce -9.6% | 0.78% | +0.12 |
| KLAC KLA Corp. | Reduce -27.1% | 1.80% | +0.13 |
| CCC CCC Intelligent Solutions Ho | Reduce -2.6% | 1.66% | +0.22 |
| IQV Iqvia Holdings Inc. | Reduce -19.8% | 2.02% | +0.32 |
| NVT Nvent Electric PLC | Reduce -6.7% | 1.17% | +0.41 |
| ICE Intercontinental Exchange Inc. | Reduce -6.3% | 9.40% | +0.49 |
| HALO Halozyme Therapeutics Inc. | Reduce -13.9% | 2.46% | +0.81 |
| EW Edwards Lifesciences Corp. | Reduce -6.6% | 7.99% | +0.97 |
Portfolio Buys Q2 2025 → Q3 2025
| RMD Resmed Inc. | Add +11.2% | 4.83% | +1.49 |
| BRO Brown & Brown Inc. | New | 1.40% | +1.40 |
| MANH Manhattan Associates Inc. | New | 0.81% | +0.81 |
| BAM Brookfield Asset Mgmt-A | Add +8.4% | 2.20% | +0.59 |
| SNPS Synopsys Inc. | New | 0.51% | +0.51 |
| VERX Vertex Inc. Class A | New | 0.33% | +0.33 |
| EFOR Everforth Inc. | New | 0.31% | +0.31 |
| FWONK Liberty Media Corp. Class C | Add +9.0% | 0.94% | +0.24 |
| SCI Service Corp. International | Add +5.2% | 0.72% | +0.18 |
| FTNT Fortinet Inc. | Add +4.0% | 8.96% | +0.13 |
| ISRG Intuitive Surgical Inc. | Add +11.4% | 1.02% | +0.11 |
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 |