ADAPT Investment Managers SA In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 14, 2025), ADAPT Investment Managers SA reported 17 stock positions worth $414.5 million . Its top holding was Alphabet Class C (GOOG) at 15.2% of the portfolio, followed by Apple (AAPL, 13.8% ) and Adobe (ADBE, 12.3% ). Compared with Q4 2024, it opened 11 new positions, sold out of 15, added to 4 and reduced 2. The biggest buy was a new position in Alphabet Class C (GOOG) and the biggest sale Broadcom (AVGO, shares −45% ).
Location Geneva, V8
CIK 0002029917
Portfolio Value $414.5M (Q1 2025) Holdings 17 stocks · $414.5M Holdings quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024
Stock % Of Portfolio ▼ Shares Held Total Value Change vs Q4 2024 GOOG Alphabet Inc. Class C 402,715 $62.9M New AAPL Apple Inc. 256,892 $57.1M New ADBE Adobe Inc. 133,349 $51.1M Add +5751.2% FXI iShares China Large-Cap ETF 1,189,398 $42.6M Add +9.3% NVDA Nvidia Corp. 387,522 $42.0M Add +20295.9% MSFT Microsoft Corp. 99,200 $37.2M New MRVL Marvell Technology Inc. 337,303 $20.8M New AMZN Amazon.com Inc. 86,604 $16.5M New AMD Advanced Micro Devices 139,422 $14.3M New META Meta Platforms Inc. Class A 24,761 $14.3M New EWZ iShares MSCI Brazil ETF 542,176 $14.0M Reduce -3.1% AVGO Broadcom Inc. 82,268 $13.8M Reduce -44.8% ADSK Autodesk Inc. 39,000 $10.2M Add +8042.0% TSLA Tesla Inc. 31,750 $8.2M New DELL Dell Technologies -C 59,430 $5.4M New TXN Texas Instruments Inc. 21,811 $3.9M New INTC Intel Corp. 2,845 $65K New
Options reported separately and not counted above: HYG puts ($473.3M), IEF puts ($286.1M), FXI puts ($179.2M), ADBE puts ($153.4M), NVDA puts ($97.5M), AAPL puts ($88.9M), AMD puts ($79.6M), AAPL calls ($77.7M), ADBE calls ($76.7M), EWZ puts ($51.7M), AMD calls ($48.8M), NVDA calls ($48.8M), and 31 more.
Portfolio Sells Q4 2024 → Q1 2025 Portfolio Sells quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024
Stock Change vs Q4 2024 % Of Portfolio Change To Portfolio ▲ AVGO Broadcom Inc. Reduce -44.8% 3.32% −13.37 KRE SS SPDR S&P Regional Bank Sold out 0.00% −11.09 SMCI Super Micro Computer Inc. Sold out 0.00% −9.02 UPS United Parcel Service Class B Sold out 0.00% −8.53 AMGN Amgen Inc. Sold out 0.00% −4.90 XOM Exxon Mobil Corp. Sold out 0.00% −4.85 GS Goldman Sachs Group Inc. Sold out 0.00% −4.18 SLB SLB Ltd. Sold out 0.00% −4.05 NKE Nike Inc. Class B Sold out 0.00% −3.88 BAC Bank of America Corp. Sold out 0.00% −3.81 UBER Uber Technologies Inc. Sold out 0.00% −2.52 EWZ iShares MSCI Brazil ETF Reduce -3.1% 3.38% −2.47 CRM Salesforce Inc. Sold out 0.00% −1.51 FL Foot Locker Inc. Sold out 0.00% −0.96 SBUX Starbucks Corp. Sold out 0.00% −0.79 AMAT Applied Materials Inc. Sold out 0.00% −0.59 CBRE CBRE Group Inc. Class A Sold out 0.00% −0.55
Portfolio Buys Q4 2024 → Q1 2025 Portfolio Buys quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024
Stock Change vs Q4 2024 % Of Portfolio Change To Portfolio ▼ GOOG Alphabet Inc. Class C New 15.18% +15.18 AAPL Apple Inc. New 13.77% +13.77 ADBE Adobe Inc. Add +5751.2% 12.34% +11.87 NVDA Nvidia Corp. Add +20295.9% 10.13% +10.01 MSFT Microsoft Corp. New 8.98% +8.98 MRVL Marvell Technology Inc. New 5.01% +5.01 AMZN Amazon.com Inc. New 3.98% +3.98 AMD Advanced Micro Devices New 3.46% +3.46 META Meta Platforms Inc. Class A New 3.44% +3.44 ADSK Autodesk Inc. Add +8042.0% 2.46% +2.40 TSLA Tesla Inc. New 1.99% +1.99 DELL Dell Technologies -C New 1.31% +1.31 TXN Texas Instruments Inc. New 0.95% +0.95 INTC Intel Corp. New 0.02% +0.02 FXI iShares China Large-Cap ETF Add +9.3% 10.29% −5.27
Options Activity Q4 2024 → Q1 2025 Security Type Change vs Q4 2024 Underlying Shares Value ▼ HYG Ishr Ibx Usd Hiyld CB ETF-Ui put New 6,000,000 $473.3M TSLA Tesla Inc. put Sold out 950,000 $410.1Mbefore exit IEF iShares 7-10 Year Treasury B put New 3,000,000 $286.1M FXI iShares China Large-Cap ETF put New 5,000,000 $179.2M ADBE Adobe Inc. put Add +300.0% 400,000 $153.4M IEF iShares 7-10 Year Treasury B call Sold out 1,500,000 $138.1Mbefore exit NVDA Nvidia Corp. put Reduce -64.0% 900,000 $97.5M SMCI Super Micro Computer Inc. put Sold out 3,000,000 $95.9Mbefore exit AAPL Apple Inc. put Reduce -78.7% 400,000 $88.9M AMD Advanced Micro Devices put New 775,000 $79.6M AAPL Apple Inc. call Add +250.0% 350,000 $77.7M ADBE Adobe Inc. call Add +100.0% 200,000 $76.7M WFC Wells Fargo & Co. put Sold out 800,000 $56.9Mbefore exit AMGN Amgen Inc. put Sold out 200,000 $52.5Mbefore exit AMGN Amgen Inc. call Sold out 200,000 $52.5Mbefore exit EWZ iShares MSCI Brazil ETF put New 2,000,000 $51.7M AMAT Applied Materials Inc. call Sold out 300,000 $50.0Mbefore exit AMAT Applied Materials Inc. put Sold out 300,000 $50.0Mbefore exit AMD Advanced Micro Devices call Add +58.3% 475,000 $48.8M NVDA Nvidia Corp. call New 450,000 $48.8M USB US Bancorp call Sold out 1,000,000 $48.5Mbefore exit USB US Bancorp put Sold out 1,000,000 $48.5Mbefore exit INTC Intel Corp. put New 2,100,000 $47.7M GOOG Alphabet Inc. Class C put Add +100.0% 300,000 $46.9M OKTA Okta Inc. put New 431,700 $45.4M UPS United Parcel Service Class B put Sold out 350,000 $44.1Mbefore exit TSLA Tesla Inc. call Sold out 100,000 $43.2Mbefore exit ABBV Abbvie Inc. call Add +33.3% 200,000 $41.9M ABBV Abbvie Inc. put Add +33.3% 200,000 $41.9M AMZN Amazon.com Inc. call Reduce -50.0% 200,000 $38.1M AMZN Amazon.com Inc. put Reduce -50.0% 200,000 $38.1M MS Morgan Stanley put Sold out 300,000 $38.0Mbefore exit MRVL Marvell Technology Inc. put New 600,000 $36.9M TFC Truist Financial Corp. put Sold out 800,000 $34.9Mbefore exit AVGO Broadcom Inc. put Reduce -80.0% 200,000 $33.5M AVGO Broadcom Inc. call Add +100.0% 200,000 $33.5M BAC Bank of America Corp. put Reduce -58.3% 750,000 $31.3M BAC Bank of America Corp. call Reduce -6.3% 750,000 $31.3M GOOG Alphabet Inc. Class C call Sold out 150,000 $29.1Mbefore exit WFC Wells Fargo & Co. call Sold out 400,000 $28.4Mbefore exit DELL Dell Technologies -C call New 300,000 $27.3M DELL Dell Technologies -C put New 300,000 $27.3M NFLX Netflix Inc. call Sold out 30,000 $27.2Mbefore exit NFLX Netflix Inc. put Sold out 30,000 $27.2Mbefore exit OKTA Okta Inc. call New 250,000 $26.3M KLAC KLA Corp. call Sold out 40,000 $25.8Mbefore exit KLAC KLA Corp. put Sold out 40,000 $25.8Mbefore exit MRVL Marvell Technology Inc. call New 400,000 $24.6M JPM JPMorgan Chase & Co. call Sold out 100,000 $24.1Mbefore exit JPM JPMorgan Chase & Co. put Sold out 100,000 $24.1Mbefore exit
Showing the first 50 of 82.
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings Quarter Positions 13F Reported Value Top Holdings Q2 2026 27 $441.2M NVDA, MSFT, SMH, AVGO, META Q1 2026 34 $294.4M AMZN, META, TXN, IBM, AMD Q4 2025 28 $494.7M MSFT, GLD, SMH, AMZN, AVGO Q3 2025 28 $475.4M NVDA, AVGO, TSLA, META, MU Q2 2025 16 $290.4M NVDA, MSFT, AVGO, AMZN, AAPL Q1 2025 17 $414.5M GOOG, AAPL, ADBE, FXI, NVDA Q4 2024 21 $215.8M AVGO, FXI, KRE, SMCI, UPS