Altrafin AG
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed February 17, 2026), Altrafin AG reported 45 stock positions worth $257.3 million. Its top holding was Alphabet Class A (GOOGL) at 8.5% of the portfolio, followed by Microsoft (MSFT, 8.3%) and Amazon.com (AMZN, 6.9%). Compared with Q4 2024, it opened 1 new position, sold out of 4, added to 20 and reduced 19. The biggest buy was iShares MSCI Acwi ETF (ACWI, shares +169%) and the biggest sale JPMorgan Chase (JPM, shares −39%).
- Most Recent 13F
- Q2 2026
- Location
- ZURICH, V8
- CIK
- 0002110313
- Portfolio Value
- $257.3M (Q1 2025)
- SEC Filing
- 0002110313-26-000015 ↗ filed Feb 17, 2026
Holdings Value
Holdings 45 stocks · $257.3M
| GOOGL Alphabet Inc. Class A | 8.52% | 141,751 | $21.9M | Add +2.9% |
| MSFT Microsoft Corp. | 8.33% | 57,091 | $21.4M | Reduce -8.5% |
| AMZN Amazon.com Inc. | 6.91% | 93,504 | $17.8M | Reduce -0.0% |
| MA Mastercard Inc. Class A | 5.76% | 27,021 | $14.8M | Reduce -6.3% |
| UNH Unitedhealth Group Inc. | 5.58% | 27,412 | $14.4M | Reduce -4.8% |
| NVO Novo-Nordisk A/S-Spons ADR | 5.09% | 188,583 | $13.1M | Add +38.2% |
| SPGI S&P Global Inc. | 4.37% | 22,125 | $11.2M | Add +10.6% |
| JPM JPMorgan Chase & Co. | 4.25% | 44,600 | $10.9M | Reduce -39.1% |
| NVDA Nvidia Corp. | 3.78% | 89,851 | $9.7M | Reduce -16.9% |
| TSM Taiwan Semiconductor-SP ADR | 3.71% | 57,503 | $9.5M | Add +1.7% |
| ICE Intercontinental Exchange Inc. | 3.60% | 53,663 | $9.3M | Add +2.0% |
| ACWI iShares MSCI Acwi ETF | 3.60% | 79,500 | $9.3M | Add +169.5% |
| PYPL PayPal Holdings Inc. | 3.53% | 139,065 | $9.1M | Add +43.6% |
| AAPL Apple Inc. | 3.44% | 39,836 | $8.8M | Add +1.4% |
| CRWD CrowdStrike Holdings Inc. Class A | 2.99% | 21,837 | $7.7M | Reduce -2.5% |
| HON Honeywell International Inc. | 2.68% | 32,524 | $6.9M | Add +1.2% |
| FISV Fiserv Inc. | 2.24% | 26,042 | $5.8M | Add +30.2% |
| INTU Intuit Inc. | 2.20% | 9,212 | $5.7M | Reduce -6.1% |
| BKNG Booking Holdings Inc. | 2.14% | 1,195 | $5.5M | Add +5.7% |
| FTNT Fortinet Inc. | 2.06% | 55,120 | $5.3M | Add +1.0% |
| MCO Moody's Corp. | 2.02% | 11,144 | $5.2M | Reduce -0.4% |
| UBER Uber Technologies Inc. | 1.83% | 64,543 | $4.7M | Add +13.1% |
| SHEL Shell PLC-ADR | 1.43% | 50,179 | $3.7M | Reduce -24.3% |
| NFLX Netflix Inc. | 1.36% | 3,754 | $3.5M | Reduce -2.0% |
| CRM Salesforce Inc. | 1.29% | 12,324 | $3.3M | Add +28.6% |
| META Meta Platforms Inc. Class A | 1.25% | 5,578 | $3.2M | Reduce -15.3% |
| AMD Advanced Micro Devices | 1.14% | 28,480 | $2.9M | Add +6.8% |
| ADBE Adobe Inc. | 0.57% | 3,850 | $1.5M | No change |
| NEE Nextera Energy Inc. | 0.51% | 18,330 | $1.3M | No change |
| SE Sea Ltd.-ADR | 0.50% | 9,770 | $1.3M | Add +9.7% |
| CVX Chevron Corp. | 0.38% | 5,771 | $965K | Reduce -59.8% |
| NET Cloudflare Inc. Class A | 0.32% | 7,275 | $820K | Add +11.9% |
| TTD Trade Desk Inc./the Class A filed as THE TRADE DESK INC | 0.31% | 14,580 | $798K | Add +93.6% |
| SLRC SLR Investment Corp. | 0.31% | 47,163 | $795K | No change |
| QCOM Qualcomm Inc. | 0.29% | 4,922 | $756K | Reduce -7.1% |
| BA The Boeing Co. | 0.26% | 3,970 | $677K | No change |
| COST Costco Wholesale Corp. | 0.25% | 684 | $647K | Reduce -86.3% |
| PEP Pepsico Inc. | 0.22% | 3,770 | $565K | Reduce -6.9% |
| TMO Thermo Fisher Scientific Inc. | 0.19% | 1,000 | $498K | Reduce -68.3% |
| ASML ASML Holding NV-NY Reg SHS | 0.18% | 680 | $451K | New |
| MELI MercadoLibre Inc. | 0.17% | 222 | $433K | Add +32.1% |
| FDX FedEx Corp. | 0.13% | 1,390 | $339K | Reduce -88.0% |
| SNOW Snowflake Inc. | 0.13% | 2,280 | $333K | Add +39.0% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.11% | 2,818 | $278K | Reduce -29.9% |
| PFE Pfizer Inc. | 0.11% | 10,725 | $272K | No change |
Portfolio Sells Q4 2024 → Q1 2025
| JPM JPMorgan Chase & Co. | Reduce -39.1% | 4.25% | −1.83 |
| COST Costco Wholesale Corp. | Reduce -86.3% | 0.25% | −1.33 |
| WFC Wells Fargo & Co. | Sold out | 0.00% | −1.33 |
| NVDA Nvidia Corp. | Reduce -16.9% | 3.78% | −1.25 |
| FDX FedEx Corp. | Reduce -88.0% | 0.13% | −1.00 |
| MSFT Microsoft Corp. | Reduce -8.5% | 8.33% | −0.79 |
| MS Morgan Stanley | Sold out | 0.00% | −0.66 |
| TMO Thermo Fisher Scientific Inc. | Reduce -68.3% | 0.19% | −0.38 |
| CVX Chevron Corp. | Reduce -59.8% | 0.38% | −0.34 |
| PATH Uipath Inc. Class A | Sold out | 0.00% | −0.33 |
| CVS CVS Health Corp. | Sold out | 0.00% | −0.31 |
| AMZN Amazon.com Inc. | Reduce -0.0% | 6.91% | −0.20 |
| META Meta Platforms Inc. Class A | Reduce -15.3% | 1.25% | −0.09 |
| DIS The Walt Disney Co. | Reduce -29.9% | 0.11% | −0.05 |
| SHEL Shell PLC-ADR | Reduce -24.3% | 1.43% | −0.01 |
| PEP Pepsico Inc. | Reduce -6.9% | 0.22% | +0.01 |
| QCOM Qualcomm Inc. | Reduce -7.1% | 0.29% | +0.01 |
| INTU Intuit Inc. | Reduce -6.1% | 2.20% | +0.06 |
| NFLX Netflix Inc. | Reduce -2.0% | 1.36% | +0.18 |
| MCO Moody's Corp. | Reduce -0.4% | 2.02% | +0.18 |
| CRWD CrowdStrike Holdings Inc. Class A | Reduce -2.5% | 2.99% | +0.33 |
| MA Mastercard Inc. Class A | Reduce -6.3% | 5.76% | +0.49 |
| UNH Unitedhealth Group Inc. | Reduce -4.8% | 5.58% | +0.53 |
Portfolio Buys Q4 2024 → Q1 2025
| ACWI iShares MSCI Acwi ETF | Add +169.5% | 3.60% | +2.39 |
| NVO Novo-Nordisk A/S-Spons ADR | Add +38.2% | 5.09% | +1.02 |
| SPGI S&P Global Inc. | Add +10.6% | 4.37% | +0.92 |
| ICE Intercontinental Exchange Inc. | Add +2.0% | 3.60% | +0.88 |
| FISV Fiserv Inc. | Add +30.2% | 2.24% | +0.81 |
| PYPL PayPal Holdings Inc. | Add +43.6% | 3.53% | +0.66 |
| UBER Uber Technologies Inc. | Add +13.1% | 1.83% | +0.63 |
| FTNT Fortinet Inc. | Add +1.0% | 2.06% | +0.27 |
| BKNG Booking Holdings Inc. | Add +5.7% | 2.14% | +0.19 |
| ASML ASML Holding NV-NY Reg SHS | New | 0.18% | +0.18 |
| CRM Salesforce Inc. | Add +28.6% | 1.29% | +0.17 |
| SE Sea Ltd.-ADR | Add +9.7% | 0.50% | +0.17 |
| HON Honeywell International Inc. | Add +1.2% | 2.68% | +0.16 |
| NET Cloudflare Inc. Class A | Add +11.9% | 0.32% | +0.08 |
| MELI MercadoLibre Inc. | Add +32.1% | 0.17% | +0.07 |
| SNOW Snowflake Inc. | Add +39.0% | 0.13% | +0.04 |
| AAPL Apple Inc. | Add +1.4% | 3.44% | +0.03 |
| AMD Advanced Micro Devices | Add +6.8% | 1.14% | +0.02 |
| TTD Trade Desk Inc./the Class A | Add +93.6% | 0.31% | +0.00 |
| TSM Taiwan Semiconductor-SP ADR | Add +1.7% | 3.71% | −0.16 |
| GOOGL Alphabet Inc. Class A | Add +2.9% | 8.52% | −0.52 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026Amended | 44 | $254.7M | GOOGL, MSFT, AMZN, MA, TSM |
| Q1 2026 | 52 | $280.7M | GOOGL, MSFT, AMZN, MA, TSM |
| Q4 2025 | 46 | $309.3M | GOOGL, MSFT, AMZN, MA, TSM |
| Q3 2025 | 48 | $315.4M | GOOGL, MSFT, AMZN, MA, TSM |
| Q2 2025 | 50 | $295.7M | MSFT, GOOGL, AMZN, MA, NVO |
| Q1 2025 | 45 | $257.3M | GOOGL, MSFT, AMZN, MA, UNH |
| Q4 2024 | 48 | $288.4M | MSFT, GOOGL, AMZN, JPM, MA |
| Q3 2024 | 50 | $277.6M | MSFT, GOOGL, AMZN, NVDA, JPM |
| Q2 2024 | 60 | $270.7M | MSFT, GOOGL, NVDA, JPM, AMZN |
| Q1 2024 | 59 | $275.9M | MSFT, GOOGL, ACWI, JPM, AMZN |