In its 13F for Q2 2026 (holdings as of June 30, 2026, filed July 29, 2026), CapitalatWork S.A. reported 60 stock positions worth $4.0 billion . Its top holding was Intel (INTC) at 7.1% of the portfolio, followed by Alphabet Class C (GOOG, 4.9% ) and Apollo Global Management (APO, 4.3% ). Compared with Q1 2026, it opened 2 new positions, sold out of 2, added to 30 and reduced 21. The biggest buy was Nvidia (NVDA, shares +110% ) and the biggest sale Aercap (AER, shares −13% ).
Location AUDERGHEM, C9
CIK 0002135126
Portfolio Value $4.0B (Q2 2026) Holdings 60 stocks · $4.0B Holdings quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock % Of Portfolio ▼ Shares Held Total Value Change vs Q1 2026 INTC Intel Corp. 2,021,951 $282.3M Reduce -39.8% GOOG Alphabet Inc. Class C 550,794 $194.6M Reduce -4.0% APO Apollo Global Management Inc. 1,455,614 $172.2M Reduce -0.5% TMUS T-Mobile US Inc. 923,467 $154.9M Add +60.3% SCHW Schwab (charles) Corp. 1,674,961 $154.5M Add +7.6% MSFT Microsoft Corp. 396,990 $148.1M Add +4.6% NVDA Nvidia Corp. 682,716 $136.6M Add +109.6% MELI MercadoLibre Inc. 74,343 $126.2M Add +26.3% UBER Uber Technologies Inc. 1,724,227 $124.4M Add +38.8% ABNB Airbnb Inc. Class A 778,783 $111.4M Add +3.1% BLK BlackRock Inc. 111,466 $107.2M Add +0.5% AER Aercap Holdings NV 727,297 $106.0M Reduce -13.3% CB Chubb Ltd. 309,930 $105.6M Add +0.2% AON Aon PLC Class A 316,541 $105.0M Add +16.4% BABA Alibaba Group Holding-SP ADR 938,530 $90.1M Add +8.2% NOW ServiceNow Inc. 889,331 $88.3M Add +42.9% CMCSA Comcast Corp. Class A 3,513,589 $86.3M Add +0.5% AMZN Amazon.com Inc. 345,700 $82.4M Add +15.6% AMAT Applied Materials Inc. 112,875 $81.6M Reduce -51.0% AVGO Broadcom Inc. 212,025 $80.1M Add +105.8% LH Labcorp Holdings Inc. 280,577 $78.6M Reduce -12.8% ORCL Oracle Corp. 521,279 $76.4M Add +6.1% V Visa Inc. Class A 209,157 $71.8M Reduce -0.5% CRM Salesforce Inc. 457,033 $71.6M Add +3.2% TTWO Take-Two Interactive Softwre 264,559 $66.1M Add +0.7% META Meta Platforms Inc. Class A 116,973 $65.9M Add +14.0% VIPS Vipshop Holdings Ltd. - ADR 4,559,813 $60.5M Add +2.7% LVS Las Vegas Sands Corp. 1,286,830 $59.4M Add +0.5% WH Wyndham Hotels & Resorts Inc. 686,770 $57.8M Add +22.9% AMD Advanced Micro Devices 98,370 $57.1M Reduce -35.9% VST Vistra Corp. 353,900 $56.1M New ZTS Zoetis Inc. 759,150 $54.6M Add +817.6% ICE Intercontinental Exchange Inc. 430,807 $53.0M Add +27.8% SPGI S&P Global Inc. 129,370 $52.7M Add +84.6% DE Deere & Co. 80,666 $51.2M Reduce -0.9% PANW Palo Alto Networks Inc. 128,800 $43.9M Reduce -16.8% ADBE Adobe Inc. 207,050 $42.4M Reduce -0.2% A Agilent Technologies Inc. 318,600 $42.3M New AMRZ Amrize Ltd. 760,320 $40.5M Add +29.6% DIS The Walt Disney Co. filed as DISNEY WALT CO 409,730 $39.4M Add +1.5% UNH Unitedhealth Group Inc. 75,775 $31.5M Reduce -22.9% CPAY Corpay Inc. 79,150 $26.4M No change ZBH Zimmer Biomet Holdings Inc. 297,000 $25.6M Reduce -9.2% NFLX Netflix Inc. 354,600 $25.3M Add +21.7% BX Blackstone Inc. 208,155 $24.5M Reduce -8.8% GWW WW Grainger Inc. 17,965 $24.4M Reduce -16.4% PINS Pinterest Inc. Class A 864,200 $18.2M Reduce -18.5% NVIDIA CORPORATION 76,500 $15.3M No change CVX Chevron Corp. 88,215 $14.6M Reduce -38.7% INTU Intuit Inc. 55,050 $14.4M Add +11.2% FISV Fiserv Inc. 262,970 $12.9M Reduce -9.0% ACN Accenture PLC Class A 89,625 $11.2M No change TCOM Trip.com Group Ltd.-ADR 222,200 $8.9M Add +5.2% DOCU Docusign Inc. 184,000 $8.2M No change ROP Roper Technologies Inc. 23,900 $8.1M No change UNP Union Pacific Corp. 28,750 $7.8M No change QCOM Qualcomm Inc. 34,475 $6.4M Reduce -10.2% XOM Exxon Mobil Corp. 43,900 $6.0M Reduce -64.1% TSM Taiwan Semiconductor-SP ADR 11,315 $5.4M No change CNH CNH Industrial NV 318,000 $3.6M Reduce -14.8%
Other holdings (33): bonds, preferreds, convertibles and warrants · $12.1M (not counted above) Security Class Shares / Principal Value Change GLD SPDR Gold Shares GOLD SHS · principal 3,674 $1.4M Reduce -8.8% FCX Freeport-McMoran Inc. CL B · principal 20,000 $1.3M No change AAPL Apple Inc. COM · principal 4,000 $1.2M Reduce -22.7% DAL Delta Air Lines Inc. COM NEW · principal 8,200 $768K No change LIN Linde PLC SHS · principal 1,396 $724K No change CEF Sprott Physical Gold and Sil PHYSICAL GOLD AN · principal 15,045 $605K No change JPM JPMorgan Chase & Co. COM · principal 1,655 $542K No change EA Electronic Arts Inc. COM · principal 2,550 $523K No change TNL Travel + Leisure Co. COM · principal 6,500 $497K Reduce -7.2% NDAQ Nasdaq Inc. COM · principal 6,126 $483K New SNPS Synopsys Inc. COM · principal 1,055 $471K No change GDX Vaneck Gold Miners ETF GOLD MINERS ETF · principal 6,205 $468K Add +78.6% GOOGL Alphabet Inc. Class A CAP STK CL A · principal 1,061 $379K No change GDXJ Vaneck Junior Gold Miners JUNIOR GOLD MINE · principal 3,690 $363K Add +30.9% NBIS Nebius Group NV SHS CLASS A · principal 1,250 $345K Add +25.0% PFE Pfizer Inc. COM · principal 13,657 $329K No change NXPI NXP Semiconductors NV COM · principal 1,028 $289K No change MRK Merck & Co. Inc. COM · principal 1,950 $251K No change JNJ Johnson & Johnson COM · principal 800 $203K No change TV Grupo Televisa SA-Spon ADR SPON ADR REP ORD · principal 62,280 $169K No change AMGN Amgen Inc. COM · principal 375 $136K No change BRSL Brightstar Lottery PLC SHS USD · principal 12,550 $135K No change TSSI TSS Inc. COM · principal 10,000 $123K No change VSNT Versant Media Group Inc. COM CL A · principal 3,140 $113K Reduce -2.4% NTGR Netgear Inc. COM · principal 4,000 $93K No change SILJ Amplify Junior Silver Miners JR SILV MINE ETF · principal 3,565 $92K Add +42.6% CSCO Cisco Systems Inc. COM · principal 600 $70K No change LX Lexinfintech Holdings L-ADR ADR · principal 20,000 $39K No change FLUX Flux Power Holdings Inc. COM NEW · principal 40,000 $35K No change EWX State Street SPDR S&P Emergi ST MARKE CAP ETF · principal 445 $33K No change FNDE Schwab Fndmntl Em MRK Eq ETF FUND EM EQUI ETF · principal 795 $32K No change VNM Vaneck Vietnam ETF VANECK VIETNAM · principal 1,500 $28K No change BRK.B Berkshire Hathaway Inc. Class B CL B NEW · principal 19 $10K No change
Total filed on the 13F, all lines: $4.0B.
Portfolio Sells Q1 2026 → Q2 2026 Portfolio Sells quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q1 2026 % Of Portfolio Change To Portfolio ▲ AER Aercap Holdings NV Reduce -13.3% 2.67% −0.77 LH Labcorp Holdings Inc. Reduce -12.8% 1.98% −0.59 APO Apollo Global Management Inc. Reduce -0.5% 4.33% −0.54 CVX Chevron Corp. Reduce -38.7% 0.37% −0.52 XOM Exxon Mobil Corp. Reduce -64.1% 0.15% −0.47 ADBE Adobe Inc. Reduce -0.2% 1.07% −0.44 AMAT Applied Materials Inc. Reduce -51.0% 2.05% −0.30 ZBH Zimmer Biomet Holdings Inc. Reduce -9.2% 0.64% −0.24 BX Blackstone Inc. Reduce -8.8% 0.62% −0.17 FISV Fiserv Inc. Reduce -9.0% 0.32% −0.16 NDAQ Nasdaq Inc. Sold out 0.00% −0.12 PINS Pinterest Inc. Class A Reduce -18.5% 0.46% −0.12 V Visa Inc. Class A Reduce -0.5% 1.80% −0.09 GWW WW Grainger Inc. Reduce -16.4% 0.61% −0.09 DE Deere & Co. Reduce -0.9% 1.29% −0.08 NKE Nike Inc. Class B Sold out 0.00% −0.08 CNH CNH Industrial NV Reduce -14.8% 0.09% −0.03 GOOG Alphabet Inc. Class C Reduce -4.0% 4.89% −0.02 UNH Unitedhealth Group Inc. Reduce -22.9% 0.79% −0.00 QCOM Qualcomm Inc. Reduce -10.2% 0.16% +0.01 PANW Palo Alto Networks Inc. Reduce -16.8% 1.10% +0.36 AMD Advanced Micro Devices Reduce -35.9% 1.44% +0.51 INTC Intel Corp. Reduce -39.8% 7.10% +2.67
Portfolio Buys Q1 2026 → Q2 2026 Portfolio Buys quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q1 2026 % Of Portfolio Change To Portfolio ▼ NVDA Nvidia Corp. Add +109.6% 3.43% +1.74 VST Vistra Corp. New 1.41% +1.41 ZTS Zoetis Inc. Add +817.6% 1.37% +1.08 A Agilent Technologies Inc. New 1.06% +1.06 AVGO Broadcom Inc. Add +105.8% 2.01% +1.06 UBER Uber Technologies Inc. Add +38.8% 3.13% +0.46 SPGI S&P Global Inc. Add +84.6% 1.32% +0.43 TMUS T-Mobile US Inc. Add +60.3% 3.89% +0.28 NOW ServiceNow Inc. Add +42.9% 2.22% +0.28 AMZN Amazon.com Inc. Add +15.6% 2.07% +0.21 MELI MercadoLibre Inc. Add +26.3% 3.17% +0.14 TTWO Take-Two Interactive Softwre Add +0.7% 1.66% +0.11 WH Wyndham Hotels & Resorts Inc. Add +22.9% 1.45% +0.10 AMRZ Amrize Ltd. Add +29.6% 1.02% +0.04 AON Aon PLC Class A Add +16.4% 2.64% +0.02 ABNB Airbnb Inc. Class A Add +3.1% 2.80% −0.05 TCOM Trip.com Group Ltd.-ADR Add +5.2% 0.22% −0.09 META Meta Platforms Inc. Class A Add +14.0% 1.66% −0.10 DIS The Walt Disney Co. Add +1.5% 0.99% −0.17 NFLX Netflix Inc. Add +21.7% 0.64% −0.20 ORCL Oracle Corp. Add +6.1% 1.92% −0.24 ICE Intercontinental Exchange Inc. Add +27.8% 1.33% −0.25 INTU Intuit Inc. Add +11.2% 0.36% −0.28 CB Chubb Ltd. Add +0.2% 2.65% −0.35 MSFT Microsoft Corp. Add +4.6% 3.72% −0.47 SCHW Schwab (charles) Corp. Add +7.6% 3.89% −0.48 BLK BlackRock Inc. Add +0.5% 2.69% −0.49 VIPS Vipshop Holdings Ltd. - ADR Add +2.7% 1.52% −0.56 LVS Las Vegas Sands Corp. Add +0.5% 1.49% −0.57 CRM Salesforce Inc. Add +3.2% 1.80% −0.67 CMCSA Comcast Corp. Class A Add +0.5% 2.17% −0.83 BABA Alibaba Group Holding-SP ADR Add +8.2% 2.26% −0.98
Notes & Other Activity Q1 2026 → Q2 2026 Security Class Change vs Q1 2026 Shares / Principal Value ▼ GLD SPDR Gold Shares GOLD SHS · principal Reduce -8.8% 3,674 $1.4M AAPL Apple Inc. COM · principal Reduce -22.7% 4,000 $1.2M TNL Travel + Leisure Co. COM · principal Reduce -7.2% 6,500 $497K NDAQ Nasdaq Inc. COM · principal New 6,126 $483K GDX Vaneck Gold Miners ETF GOLD MINERS ETF · principal Add +78.6% 6,205 $468K GDXJ Vaneck Junior Gold Miners JUNIOR GOLD MINE · principal Add +30.9% 3,690 $363K NBIS Nebius Group NV SHS CLASS A · principal Add +25.0% 1,250 $345K VSNT Versant Media Group Inc. COM CL A · principal Reduce -2.4% 3,140 $113K SILJ Amplify Junior Silver Miners JR SILV MINE ETF · principal Add +42.6% 3,565 $92K
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings Quarter Positions 13F Reported Value Top Holdings Q2 2026 60 $4.0B INTC, GOOG, APO, TMUS, SCHW Q1 2026 Amended 60 $3.3B GOOG, APO, INTC, SCHW, MSFT Q4 2025 60 $3.3B GOOG, APO, SCHW, INTC, AMAT Q3 2025 61 $3.4B GOOG, AMAT, APO, INTC, SCHW Q2 2025 62 $3.3B GOOG, ORCL, APO, SCHW, AMAT Q1 2025 60 $3.1B GOOG, APO, UNH, SCHW, CMCSA Q4 2024 55 $3.1B GOOG, APO, ORCL, UNH, CMCSA Q3 2024 55 $2.9B GOOG, APO, UNH, ORCL, CMCSA Q2 2024 55 $3.0B GOOG, APO, AMAT, UNH, ORCL Q1 2024 52 $3.0B APO, GOOG, UNH, AMAT, INTC