Amiral Gestion
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 14, 2026), Amiral Gestion reported 27 stock positions worth $272.0 million. Its top holding was Microsoft (MSFT) at 14.0% of the portfolio, followed by Adobe (ADBE, 12.8%) and Verisign (VRSN, 9.9%). Compared with Q3 2025, it opened 6 new positions, sold out of 6, added to 11 and reduced 7. The biggest buy was Verisign (VRSN, shares +1142%) and the biggest sale Meta Platforms Class A (META, shares −94%).
- Most Recent 13F
- Q1 2026
- Location
- PARIS, I0
- CIK
- 0001828064
- Portfolio Value
- $272.0M (Q4 2025)
- SEC Filing
- 0001828064-26-000001 ↗ filed Jan 14, 2026
Holdings Value
Holdings 27 stocks · $272.0M
| MSFT Microsoft Corp. | 14.00% | 78,719 | $38.1M | Add +2.7% |
| ADBE Adobe Inc. | 12.76% | 99,141 | $34.7M | Reduce -20.1% |
| VRSN Verisign Inc. | 9.86% | 110,357 | $26.8M | Add +1142.3% |
| V Visa Inc. Class A | 9.67% | 75,010 | $26.3M | Add +57.0% |
| EW Edwards Lifesciences Corp. | 7.11% | 226,710 | $19.3M | Reduce -19.8% |
| PAYC Paycom Software Inc. | 6.83% | 116,488 | $18.6M | Add +42.5% |
| NVR NVR Inc. | 6.43% | 2,397 | $17.5M | Add +21.2% |
| PYPL PayPal Holdings Inc. | 5.07% | 236,209 | $13.8M | Reduce -43.7% |
| CL Colgate-Palmolive Co. | 4.12% | 141,873 | $11.2M | Add +575.6% |
| BF.B Brown-Forman Corp. Class B | 3.93% | 409,664 | $10.7M | Add +62.4% |
| DPZ Domino's Pizza Inc. | 3.86% | 25,160 | $10.5M | Add +195.4% |
| PG The Procter & Gamble Co. | 2.39% | 45,388 | $6.5M | New |
| CHD Church & Dwight Co. Inc. | 2.30% | 74,629 | $6.3M | New |
| SE Sea Ltd.-ADR | 2.23% | 47,500 | $6.1M | Add +20.3% |
| OTIS Otis Worldwide Corp. | 1.98% | 61,731 | $5.4M | New |
| PEP Pepsico Inc. | 1.41% | 26,760 | $3.8M | New |
| PACB Pacific Biosciences of Calif | 1.18% | 2,733,290 | $3.2M | No change |
| PDD PDD Holdings Inc. | 1.17% | 28,000 | $3.2M | Reduce -47.2% |
| FUTU Futu Holdings Ltd.-ADR filed as FUTU HLDGS LTD | 0.91% | 15,000 | $2.5M | Add +85.2% |
| YMM Full Truck Alliance -SPN ADR | 0.73% | 185,000 | $2.0M | Reduce -59.3% |
| KO The Coca-Cola Co. | 0.67% | 26,250 | $1.8M | New |
| FAST Fastenal Co. | 0.53% | 35,685 | $1.4M | New |
| META Meta Platforms Inc. Class A | 0.41% | 1,670 | $1.1M | Reduce -94.0% |
| FDS Factset Research Systems Inc. | 0.27% | 2,500 | $725K | No change |
| MMYT Makemytrip Ltd. | 0.10% | 3,390 | $278K | Add +21.5% |
| DOLE Dole PLC | 0.10% | 18,180 | $272K | No change |
| USD Proshares Ultra Semiconduct | 0.01% | 14,650 | $15K | Reduce -61.8% |
Portfolio Sells Q3 2025 → Q4 2025
| META Meta Platforms Inc. Class A | Reduce -94.0% | 0.41% | −7.02 |
| PYPL PayPal Holdings Inc. | Reduce -43.7% | 5.07% | −5.08 |
| PCTY Paylocity Holding Corp. | Sold out | 0.00% | −4.87 |
| ADBE Adobe Inc. | Reduce -20.1% | 12.76% | −3.04 |
| ABNB Airbnb Inc. Class A | Sold out | 0.00% | −2.74 |
| BKNG Booking Holdings Inc. | Sold out | 0.00% | −1.57 |
| YMM Full Truck Alliance -SPN ADR | Reduce -59.3% | 0.73% | −1.40 |
| PDD PDD Holdings Inc. | Reduce -47.2% | 1.17% | −1.36 |
| FNV Franco-Nevada Corp. | Sold out | 0.00% | −1.29 |
| EW Edwards Lifesciences Corp. | Reduce -19.8% | 7.11% | −0.83 |
| USD Proshares Ultra Semiconduct | Reduce -61.8% | 0.01% | −0.69 |
| GOOGL Alphabet Inc. Class A | Sold out | 0.00% | −0.65 |
| GDS GDS Holdings Ltd. - ADR | Sold out | 0.00% | −0.18 |
Portfolio Buys Q3 2025 → Q4 2025
| VRSN Verisign Inc. | Add +1142.3% | 9.86% | +8.96 |
| V Visa Inc. Class A | Add +57.0% | 9.67% | +3.79 |
| CL Colgate-Palmolive Co. | Add +575.6% | 4.12% | +3.52 |
| DPZ Domino's Pizza Inc. | Add +195.4% | 3.86% | +2.53 |
| PG The Procter & Gamble Co. | New | 2.39% | +2.39 |
| CHD Church & Dwight Co. Inc. | New | 2.30% | +2.30 |
| OTIS Otis Worldwide Corp. | New | 1.98% | +1.98 |
| BF.B Brown-Forman Corp. Class B | Add +62.4% | 3.93% | +1.46 |
| PEP Pepsico Inc. | New | 1.41% | +1.41 |
| NVR NVR Inc. | Add +21.2% | 6.43% | +0.69 |
| PAYC Paycom Software Inc. | Add +42.5% | 6.83% | +0.68 |
| KO The Coca-Cola Co. | New | 0.67% | +0.67 |
| FAST Fastenal Co. | New | 0.53% | +0.53 |
| FUTU Futu Holdings Ltd.-ADR | Add +85.2% | 0.91% | +0.40 |
| MMYT Makemytrip Ltd. | Add +21.5% | 0.10% | +0.01 |
| SE Sea Ltd.-ADR | Add +20.3% | 2.23% | −0.32 |
| MSFT Microsoft Corp. | Add +2.7% | 14.00% | −0.33 |
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 |