In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 7, 2026), CapitalatWork S.A. reported 55 stock positions worth $3.0 billion . Its top holding was Alphabet Class C (GOOG) at 7.6% of the portfolio, followed by Apollo Global Management (APO, 7.2% ) and Applied Materials (AMAT, 5.8% ). Compared with Q1 2024, it opened 7 new positions, sold out of 4, added to 24 and reduced 23. The biggest buy was a new position in Labcorp (LH) and the biggest sale an exit from Exxon Mobil .
Location AUDERGHEM, C9
CIK 0002135126
Portfolio Value $3.0B (Q2 2024) Holdings 55 stocks · $3.0B 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 2024 GOOG Alphabet Inc. Class C 1,227,725 $225.2M Reduce -14.0% APO Apollo Global Management Inc. 1,822,958 $215.2M Reduce -6.9% AMAT Applied Materials Inc. 724,468 $171.0M Reduce -12.1% UNH Unitedhealth Group Inc. 328,743 $167.4M Reduce -4.9% ORCL Oracle Corp. 1,117,865 $157.8M Reduce -2.6% CMCSA Comcast Corp. Class A 3,414,868 $133.7M Add +4.5% INTC Intel Corp. 4,058,194 $125.7M Add +9.8% AAPL Apple Inc. 557,303 $117.4M Reduce -21.4% SCHW Schwab (charles) Corp. 1,552,936 $114.4M Add +0.7% CVX Chevron Corp. 692,471 $108.3M Reduce -5.0% V Visa Inc. Class A 324,841 $85.3M Reduce -10.3% TNL Travel + Leisure Co. 1,867,256 $84.0M Add +1.8% AER Aercap Holdings NV 881,715 $82.2M Add +17.9% XOM Exxon Mobil Corp. 645,230 $74.3M Reduce -0.6% LH Labcorp Holdings Inc. 332,305 $67.6M New META Meta Platforms Inc. Class A 129,934 $65.5M Add +15.3% LVS Las Vegas Sands Corp. 1,349,169 $59.7M Reduce -0.0% BABA Alibaba Group Holding-SP ADR 749,595 $54.0M Add +0.3% BX Blackstone Inc. 433,038 $53.6M Reduce -2.1% VIPS Vipshop Holdings Ltd. - ADR 3,806,098 $49.6M Add +8.2% AON Aon PLC Class A 163,119 $47.9M Add +14.4% FISV Fiserv Inc. 313,057 $46.7M Add +2.6% TMUS T-Mobile US Inc. 252,560 $44.5M Add +94.3% MSFT Microsoft Corp. 94,647 $42.3M Reduce -33.4% TTWO Take-Two Interactive Softwre 251,854 $39.2M Add +4.2% ABNB Airbnb Inc. Class A 257,734 $39.1M Reduce -6.7% DE Deere & Co. 100,280 $37.5M Add +3.9% EA Electronic Arts Inc. 255,925 $35.7M Add +8.1% ZBH Zimmer Biomet Holdings Inc. 310,530 $33.7M Add +7.8% COMCAST CORP NEW 668,000 $26.2M Add +4.5% NFLX Netflix Inc. 38,363 $25.9M Add +5.5% CRM Salesforce Inc. 97,950 $25.2M New DIS The Walt Disney Co. filed as DISNEY WALT CO 253,402 $25.2M Add +21.3% APPLE INC 117,000 $24.6M New ICE Intercontinental Exchange Inc. 178,050 $24.4M Reduce -12.1% NVDA Nvidia Corp. 190,500 $23.5M New GWW WW Grainger Inc. filed as GRAINGER W W INC 25,413 $22.9M Add +0.4% ADBE Adobe Inc. 39,630 $22.0M Add +3.1% WH Wyndham Hotels & Resorts Inc. 280,893 $20.8M Reduce -1.5% QCOM Qualcomm Inc. 73,850 $14.7M New NDAQ Nasdaq Inc. 238,751 $14.4M Reduce -4.5% INTEL CORP 452,000 $14.0M New FCX Freeport-McMoran Inc. 269,000 $13.1M Reduce -5.8% AMZN Amazon.com Inc. 59,760 $11.5M Reduce -3.9% NKE Nike Inc. Class B 149,395 $11.3M Add +20.4% NXPI NXP Semiconductors NV 41,628 $11.2M Reduce -6.7% ROP Roper Technologies Inc. 16,375 $9.2M Reduce -7.1% CNH CNH Industrial NV 845,972 $8.6M Add +135.3% TCOM Trip.com Group Ltd.-ADR 159,872 $7.5M Reduce -6.0% ENPH Enphase Energy Inc. 75,334 $7.5M Add +237.3% UNP Union Pacific Corp. 30,350 $6.9M Reduce -8.4% TV Grupo Televisa SA-Spon ADR 2,235,486 $6.2M No change DOCU Docusign Inc. 100,000 $5.3M New SNPS Synopsys Inc. 8,040 $4.8M Reduce -87.7% SPGI S&P Global Inc. 10,150 $4.5M Add +25.3%
Other holdings (22): bonds, preferreds, convertibles and warrants · $11.4M (not counted above) Security Class Shares / Principal Value Change GLD SPDR Gold Shares GOLD SHS · principal 10,349 $2.2M Reduce -3.1% PANW Palo Alto Networks Inc. COM · principal 6,000 $2.0M No change CEF Sprott Physical Gold and Sil PHYSICAL GOLD AN · principal 72,495 $1.6M Reduce -6.5% ACN Accenture PLC Class A SHS CLASS A · principal 3,670 $1.1M No change LIN Linde PLC SHS · principal 2,194 $963K No change DAL Delta Air Lines Inc. COM NEW · principal 8,453 $401K No change PFE Pfizer Inc. COM · principal 13,657 $382K No change GDX Vaneck Gold Miners ETF GOLD MINERS ETF · principal 10,775 $366K No change BRK.B Berkshire Hathaway Inc. Class B CL B NEW · principal 850 $346K No change GDXJ Vaneck Junior Gold Miners JUNIOR GOLD MINE · principal 8,125 $342K Reduce -11.0% JPM JPMorgan Chase & Co. COM · principal 1,655 $335K No change BRSL Brightstar Lottery PLC SHS USD · principal 12,550 $257K No change PLTR Palantir Technologies Inc. Class A CL A · principal 10,000 $253K New MRK Merck & Co. Inc. COM · principal 1,950 $241K No change GOOGL Alphabet Inc. Class A CAP STK CL A · principal 1,183 $215K No change JNJ Johnson & Johnson COM · principal 800 $117K No change SPY SS SPDR S&P 500 ETF Trust-US TR UNIT · principal 170 $93K Reduce -67.6% FNDE Schwab Fndmntl Em MRK Eq ETF FUND EM EQUI ETF · principal 1,600 $47K No change CSCO Cisco Systems Inc. COM · principal 600 $29K No change EWX State Street SPDR S&P Emergi ST MARKE CAP ETF · principal 445 $26K No change EEM iShares MSCI Emerging Market MSCI EMG MKT ETF · principal 445 $19K No change VNM Vaneck Vietnam ETF VANECK VIETNAM · principal 1,500 $18K No change
Total filed on the 13F, all lines: $3.0B.
Portfolio Sells Q1 2024 → Q2 2024 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 2024 % Of Portfolio Change To Portfolio ▲ EXXON MOBIL CORP Sold out 0.00% −2.98 SNPS Synopsys Inc. Reduce -87.7% 0.16% −1.09 MSFT Microsoft Corp. Reduce -33.4% 1.42% −0.58 V Visa Inc. Class A Reduce -10.3% 2.87% −0.52 LVS Las Vegas Sands Corp. Reduce -0.0% 2.01% −0.33 ABNB Airbnb Inc. Class A Reduce -6.7% 1.32% −0.21 CVX Chevron Corp. Reduce -5.0% 3.65% −0.21 BX Blackstone Inc. Reduce -2.1% 1.81% −0.14 APPLIED MATLS INC Sold out 0.00% −0.14 APO Apollo Global Management Inc. Reduce -6.9% 7.25% −0.13 APOLLO GLOBAL MGMT INC Sold out 0.00% −0.13 AAPL Apple Inc. Reduce -21.4% 3.95% −0.12 ICE Intercontinental Exchange Inc. Reduce -12.1% 0.82% −0.11 UNH Unitedhealth Group Inc. Reduce -4.9% 5.64% −0.09 DISNEY WALT CO Sold out 0.00% −0.07 NDAQ Nasdaq Inc. Reduce -4.5% 0.48% −0.04 UNP Union Pacific Corp. Reduce -8.4% 0.23% −0.04 WH Wyndham Hotels & Resorts Inc. Reduce -1.5% 0.70% −0.03 XOM Exxon Mobil Corp. Reduce -0.6% 2.50% −0.03 ROP Roper Technologies Inc. Reduce -7.1% 0.31% −0.02 FCX Freeport-McMoran Inc. Reduce -5.8% 0.44% −0.01 TCOM Trip.com Group Ltd.-ADR Reduce -6.0% 0.25% +0.00 NXPI NXP Semiconductors NV Reduce -6.7% 0.38% +0.01 AMZN Amazon.com Inc. Reduce -3.9% 0.39% +0.01 AMAT Applied Materials Inc. Reduce -12.1% 5.76% +0.06 GOOG Alphabet Inc. Class C Reduce -14.0% 7.58% +0.30 ORCL Oracle Corp. Reduce -2.6% 5.32% +0.48
Portfolio Buys Q1 2024 → Q2 2024 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 2024 % Of Portfolio Change To Portfolio ▼ LH Labcorp Holdings Inc. New 2.28% +2.28 CRM Salesforce Inc. New 0.85% +0.85 APPLE INC New 0.83% +0.83 NVDA Nvidia Corp. New 0.79% +0.79 TMUS T-Mobile US Inc. Add +94.3% 1.50% +0.79 AER Aercap Holdings NV Add +17.9% 2.77% +0.59 QCOM Qualcomm Inc. New 0.50% +0.50 INTEL CORP New 0.47% +0.47 META Meta Platforms Inc. Class A Add +15.3% 2.21% +0.37 DOCU Docusign Inc. New 0.18% +0.18 ENPH Enphase Energy Inc. Add +237.3% 0.25% +0.16 EA Electronic Arts Inc. Add +8.1% 1.20% +0.15 CNH CNH Industrial NV Add +135.3% 0.29% +0.13 NFLX Netflix Inc. Add +5.5% 0.87% +0.13 TTWO Take-Two Interactive Softwre Add +4.2% 1.32% +0.12 SCHW Schwab (charles) Corp. Add +0.7% 3.85% +0.11 ADBE Adobe Inc. Add +3.1% 0.74% +0.09 SPGI S&P Global Inc. Add +25.3% 0.15% +0.04 AON Aon PLC Class A Add +14.4% 1.61% +0.02 BABA Alibaba Group Holding-SP ADR Add +0.3% 1.82% +0.00 DIS The Walt Disney Co. Add +21.3% 0.85% −0.01 NKE Nike Inc. Class B Add +20.4% 0.38% −0.01 COMCAST CORP NEW Add +4.5% 0.88% −0.05 FISV Fiserv Inc. Add +2.6% 1.57% −0.06 DE Deere & Co. Add +3.9% 1.26% −0.07 GWW WW Grainger Inc. Add +0.4% 0.77% −0.09 ZBH Zimmer Biomet Holdings Inc. Add +7.8% 1.13% −0.14 TNL Travel + Leisure Co. Add +1.8% 2.83% −0.18 CMCSA Comcast Corp. Class A Add +4.5% 4.50% −0.25 VIPS Vipshop Holdings Ltd. - ADR Add +8.2% 1.67% −0.28 INTC Intel Corp. Add +9.8% 4.23% −1.24
Notes & Other Activity Q1 2024 → Q2 2024 Security Class Change vs Q1 2024 Shares / Principal Value ▼ GLD SPDR Gold Shares GOLD SHS · principal Reduce -3.1% 10,349 $2.2M CEF Sprott Physical Gold and Sil PHYSICAL GOLD AN · principal Reduce -6.5% 72,495 $1.6M PYPL PayPal Holdings Inc. COM · principal Sold out 7,500 $502Kbefore exit GDXJ Vaneck Junior Gold Miners JUNIOR GOLD MINE · principal Reduce -11.0% 8,125 $342K PLTR Palantir Technologies Inc. Class A CL A · principal New 10,000 $253K SPY SS SPDR S&P 500 ETF Trust-US TR UNIT · principal Reduce -67.6% 170 $93K CRM Salesforce Inc. COM · principal Sold out 150 $45Kbefore exit AG First Majestic Silver Corp. COM · principal Sold out 500 $3Kbefore exit INDA iShares MSCI India ETF MSCI INDIA ETF · principal Sold out 52 $3Kbefore exit
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