Amiral Gestion
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed September 15, 2025), Amiral Gestion reported 27 stock positions worth $181.7 million. Its top holding was Adobe (ADBE) at 12.1% of the portfolio, followed by Alphabet Class A (GOOGL, 12.0%) and NVR (NVR, 10.1%). Compared with Q4 2024, it opened 5 new positions, sold out of 9, added to 14 and reduced 6. The biggest buy was NVR (NVR, shares +250%) and the biggest sale PayPal (PYPL, shares −33%).
- Most Recent 13F
- Q1 2026
- Location
- PARIS, I0
- CIK
- 0001828064
- Portfolio Value
- $181.7M (Q1 2025)
- SEC Filing
- 0001828064-25-000006 ↗ filed Sep 15, 2025
Holdings Value
Holdings 27 stocks · $181.7M
| ADBE Adobe Inc. | 12.06% | 57,119 | $21.9M | Add +84.0% |
| GOOGL Alphabet Inc. Class A | 12.01% | 141,079 | $21.8M | Add +0.1% |
| NVR NVR Inc. | 10.06% | 2,523 | $18.3M | Add +249.9% |
| META Meta Platforms Inc. Class A | 9.49% | 29,927 | $17.2M | Reduce -18.9% |
| PEP Pepsico Inc. | 8.88% | 107,568 | $16.1M | Add +47.7% |
| MSFT Microsoft Corp. | 7.50% | 36,310 | $13.6M | Add +371.9% |
| BF.B Brown-Forman Corp. Class B | 7.18% | 384,306 | $13.0M | Add +266.7% |
| PYPL PayPal Holdings Inc. | 4.81% | 134,020 | $8.7M | Reduce -32.9% |
| EW Edwards Lifesciences Corp. | 4.25% | 106,670 | $7.7M | Add +16.8% |
| PDD PDD Holdings Inc. | 3.88% | 59,500 | $7.0M | Reduce -31.6% |
| SE Sea Ltd.-ADR | 2.87% | 40,000 | $5.2M | Add +14.3% |
| PCTY Paylocity Holding Corp. | 2.77% | 26,890 | $5.0M | Reduce -27.1% |
| KO The Coca-Cola Co. | 2.69% | 68,221 | $4.9M | Reduce -51.3% |
| ALLE Allegion PLC | 2.28% | 31,764 | $4.1M | Add +95.4% |
| ABNB Airbnb Inc. Class A | 1.60% | 24,400 | $2.9M | Add +408.3% |
| STN Stantec Inc. | 1.27% | 27,783 | $2.3M | Add +164.6% |
| COKE Coca-Cola Consolidated Inc. | 1.25% | 1,686 | $2.3M | New |
| BECN Beacon Roofing Supply Inc. | 1.24% | 18,200 | $2.3M | Add +25.1% |
| CSL Carlisle Cos Inc. | 1.11% | 5,900 | $2.0M | New |
| WCC Wesco International Inc. | 0.97% | 11,400 | $1.8M | Add +159.1% |
| BKNG Booking Holdings Inc. | 0.63% | 250 | $1.2M | New |
| SPOT Spotify Technology SA | 0.35% | 1,150 | $633K | Reduce -11.5% |
| GDS GDS Holdings Ltd. - ADR filed as GDS HLDGS LTD | 0.25% | 18,000 | $456K | Add +28.6% |
| FDS Factset Research Systems Inc. | 0.25% | 1,000 | $455K | No change |
| HUYA Huya Inc.-ADR | 0.18% | 100,000 | $321K | No change |
| MMYT Makemytrip Ltd. | 0.16% | 2,890 | $283K | New |
| YMM Full Truck Alliance -SPN ADR | 0.01% | 2,118 | $27K | New |
Portfolio Sells Q4 2024 → Q1 2025
| PYPL PayPal Holdings Inc. | Reduce -32.9% | 4.81% | −5.95 |
| META Meta Platforms Inc. Class A | Reduce -18.9% | 9.49% | −4.15 |
| VRSN Verisign Inc. | Sold out | 0.00% | −3.98 |
| KO The Coca-Cola Co. | Reduce -51.3% | 2.69% | −2.82 |
| PCTY Paylocity Holding Corp. | Reduce -27.1% | 2.77% | −1.87 |
| PDD PDD Holdings Inc. | Reduce -31.6% | 3.88% | −1.45 |
| HSY The Hershey Co. | Sold out | 0.00% | −1.38 |
| EDU New Oriental Educatio-SP ADR | Sold out | 0.00% | −0.65 |
| GIC Global Industrial Co. | Sold out | 0.00% | −0.63 |
| XPO Xpo Inc. | Sold out | 0.00% | −0.45 |
| FSLR First Solar Inc. | Sold out | 0.00% | −0.33 |
| BLD Topbuild Corp. | Sold out | 0.00% | −0.31 |
| DOLE Dole PLC | Sold out | 0.00% | −0.15 |
| SPOT Spotify Technology SA | Reduce -11.5% | 0.35% | −0.02 |
| USD Proshares Ultra Semiconduct | Sold out | 0.00% | −0.00 |
Portfolio Buys Q4 2024 → Q1 2025
| NVR NVR Inc. | Add +249.9% | 10.06% | +6.34 |
| MSFT Microsoft Corp. | Add +371.9% | 7.50% | +5.45 |
| BF.B Brown-Forman Corp. Class B | Add +266.7% | 7.18% | +4.67 |
| ADBE Adobe Inc. | Add +84.0% | 12.06% | +3.34 |
| PEP Pepsico Inc. | Add +47.7% | 8.88% | +1.88 |
| COKE Coca-Cola Consolidated Inc. | New | 1.25% | +1.25 |
| ABNB Airbnb Inc. Class A | Add +408.3% | 1.60% | +1.21 |
| CSL Carlisle Cos Inc. | New | 1.11% | +1.11 |
| ALLE Allegion PLC | Add +95.4% | 2.28% | +0.94 |
| STN Stantec Inc. | Add +164.6% | 1.27% | +0.75 |
| BKNG Booking Holdings Inc. | New | 0.63% | +0.63 |
| SE Sea Ltd.-ADR | Add +14.3% | 2.87% | +0.53 |
| WCC Wesco International Inc. | Add +159.1% | 0.97% | +0.47 |
| BECN Beacon Roofing Supply Inc. | Add +25.1% | 1.24% | +0.31 |
| MMYT Makemytrip Ltd. | New | 0.16% | +0.16 |
| GDS GDS Holdings Ltd. - ADR | Add +28.6% | 0.25% | +0.04 |
| YMM Full Truck Alliance -SPN ADR | New | 0.01% | +0.01 |
| EW Edwards Lifesciences Corp. | Add +16.8% | 4.25% | −0.01 |
| GOOGL Alphabet Inc. Class A | Add +0.1% | 12.01% | −4.84 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q1 2026 | 16 | $180.0M | MSFT, VRSN, ADBE, NVR, BF.B |
| Q4 2025 | 27 | $272.0M | MSFT, ADBE, VRSN, V, EW |
| Q3 2025 | 27 | $277.1M | ADBE, MSFT, PYPL, EW, META |
| Q2 2025 | 21 | $231.9M | META, ADBE, MSFT, PYPL, GOOGL |
| Q1 2025Amended | 27 | $181.7M | ADBE, GOOGL, NVR, META, PEP |
| Q4 2024Amended | 31 | $158.4M | GOOGL, META, PYPL, ADBE, PEP |