In its 13F for Q1 2026 (holdings as of March 31, 2026, filed July 29, 2026), CapitalatWork S.A. reported 60 stock positions worth $3.3 billion . Its top holding was Alphabet Class C (GOOG) at 4.9% of the portfolio, followed by Apollo Global Management (APO, 4.9% ) and Intel (INTC, 4.4% ). Compared with Q4 2025, it opened 4 new positions, sold out of 4, added to 28 and reduced 22. The biggest buy was Microsoft (MSFT, shares +279% ) and the biggest sale Alphabet Class C (GOOG, shares −27% ).
Location AUDERGHEM, C9
CIK 0002135126
Portfolio Value $3.3B (Q1 2026) Holdings 60 stocks · $3.3B 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 Q4 2025 GOOG Alphabet Inc. Class C 573,572 $164.5M Reduce -26.6% APO Apollo Global Management Inc. 1,462,525 $163.0M Add +12.2% INTC Intel Corp. 3,356,935 $148.1M Reduce -11.1% SCHW Schwab (charles) Corp. 1,556,820 $146.3M Add +3.5% MSFT Microsoft Corp. 379,369 $140.4M Add +279.2% TMUS T-Mobile US Inc. 576,010 $121.0M Add +32.5% AER Aercap Holdings NV 839,132 $115.1M Reduce -2.7% BABA Alibaba Group Holding-SP ADR 867,053 $108.8M Add +22.4% BLK BlackRock Inc. 110,880 $106.6M Add +4.5% MELI MercadoLibre Inc. 58,844 $101.7M Add +264.8% CB Chubb Ltd. 309,223 $100.8M Reduce -2.6% CMCSA Comcast Corp. Class A 3,496,029 $100.4M Reduce -1.2% ABNB Airbnb Inc. Class A 755,556 $95.4M Add +20.4% UBER Uber Technologies Inc. 1,241,931 $89.3M Add +51.3% AON Aon PLC Class A 272,003 $87.8M Add +37.5% LH Labcorp Holdings Inc. 321,710 $85.8M Reduce -2.3% CRM Salesforce Inc. 442,980 $82.7M Add +47.0% AMAT Applied Materials Inc. 230,464 $78.8M Reduce -54.7% ORCL Oracle Corp. 491,163 $72.3M Add +0.6% VIPS Vipshop Holdings Ltd. - ADR 4,440,936 $69.8M Add +9.9% LVS Las Vegas Sands Corp. 1,280,587 $69.0M Reduce -0.3% NOW ServiceNow Inc. 622,350 $65.1M New V Visa Inc. Class A 210,252 $63.5M Reduce -2.1% AMZN Amazon.com Inc. 298,955 $62.3M Add +596.2% META Meta Platforms Inc. Class A 102,568 $58.7M Add +12.2% NVDA Nvidia Corp. 325,750 $56.8M New ICE Intercontinental Exchange Inc. 337,022 $53.0M Add +17.8% TTWO Take-Two Interactive Softwre 262,845 $51.9M Reduce -8.7% ADBE Adobe Inc. 207,390 $50.4M Add +44.1% DE Deere & Co. 81,416 $45.9M Reduce -3.7% WH Wyndham Hotels & Resorts Inc. 558,770 $45.4M Add +6.5% DIS The Walt Disney Co. filed as DISNEY WALT CO 403,630 $38.9M Add +47.0% AMRZ Amrize Ltd. 586,500 $32.9M Add +85.8% AVGO Broadcom Inc. 103,000 $31.9M Add +251.1% AMD Advanced Micro Devices 153,350 $31.2M Add +14.1% SPGI S&P Global Inc. 70,070 $29.8M Add +1744.0% CVX Chevron Corp. 143,874 $29.8M Reduce -71.8% ZBH Zimmer Biomet Holdings Inc. 327,130 $29.6M Reduce -1.5% NFLX Netflix Inc. 291,400 $28.0M Reduce -9.9% UNH Unitedhealth Group Inc. 98,270 $26.6M No change BX Blackstone Inc. 228,165 $26.2M No change PANW Palo Alto Networks Inc. 154,800 $24.8M New GWW WW Grainger Inc. 21,485 $23.4M Reduce -5.1% CPAY Corpay Inc. 79,150 $23.0M Add +0.3% INTU Intuit Inc. 49,500 $21.4M Add +115.7% XOM Exxon Mobil Corp. 122,327 $20.8M Reduce -76.3% PINS Pinterest Inc. Class A 1,060,125 $19.4M Reduce -1.0% ACN Accenture PLC Class A 89,625 $17.8M New FISV Fiserv Inc. 288,863 $16.1M Reduce -0.3% NVIDIA CORPORATION 76,500 $13.3M Add +73.9% TCOM Trip.com Group Ltd.-ADR 211,200 $10.5M No change ZTS Zoetis Inc. 82,730 $9.8M No change DOCU Docusign Inc. 184,000 $8.7M Reduce -20.6% ROP Roper Technologies Inc. 23,900 $8.5M Add +53.2% UNP Union Pacific Corp. 28,750 $7.0M No change QCOM Qualcomm Inc. 38,375 $4.9M Reduce -15.4% NDAQ Nasdaq Inc. 48,826 $4.1M No change CNH CNH Industrial NV 373,000 $4.1M Reduce -69.3% TSM Taiwan Semiconductor-SP ADR 11,315 $3.8M Add +11.8% NKE Nike Inc. Class B 51,669 $2.7M Reduce -77.4%
Other holdings (32): bonds, preferreds, convertibles and warrants · $11.3M (not counted above) Security Class Shares / Principal Value Change GLD SPDR Gold Shares GOLD SHS · principal 4,030 $1.7M Reduce -6.9% AAPL Apple Inc. COM · principal 5,177 $1.3M New FCX Freeport-McMoran Inc. CL B · principal 20,000 $1.2M New CEF Sprott Physical Gold and Sil PHYSICAL GOLD AN · principal 15,045 $718K Reduce -44.8% LIN Linde PLC SHS · principal 1,396 $692K No change DAL Delta Air Lines Inc. COM NEW · principal 8,200 $545K No change EA Electronic Arts Inc. COM · principal 2,550 $520K New JPM JPMorgan Chase & Co. COM · principal 1,655 $487K No change TNL Travel + Leisure Co. COM · principal 7,005 $485K New SNPS Synopsys Inc. COM · principal 1,055 $418K No change PFE Pfizer Inc. COM · principal 13,657 $383K No change GDXJ Vaneck Junior Gold Miners JUNIOR GOLD MINE · principal 2,820 $339K Add +20.3% GDX Vaneck Gold Miners ETF GOLD MINERS ETF · principal 3,475 $319K Add +24.1% GOOGL Alphabet Inc. Class A CAP STK CL A · principal 1,061 $305K No change MRK Merck & Co. Inc. COM · principal 1,950 $235K No change NXPI NXP Semiconductors NV COM · principal 1,028 $202K No change JNJ Johnson & Johnson COM · principal 800 $196K No change TV Grupo Televisa SA-Spon ADR SPON ADR REP ORD · principal 62,280 $181K No change BRSL Brightstar Lottery PLC SHS USD · principal 12,550 $160K No change AMGN Amgen Inc. COM · principal 375 $132K No change TSSI TSS Inc. COM · principal 10,000 $130K No change VSNT Versant Media Group Inc. COM CL A · principal 3,216 $119K New NBIS Nebius Group NV SHS CLASS A · principal 1,000 $104K No change NTGR Netgear Inc. COM · principal 4,000 $87K No change SILJ Amplify Junior Silver Miners JR SILV MINE ETF · principal 2,500 $74K Add +334.8% CSCO Cisco Systems Inc. COM · principal 600 $47K No change LX Lexinfintech Holdings L-ADR ADR · principal 20,000 $44K No change FLUX Flux Power Holdings Inc. COM NEW · principal 40,000 $43K No change FNDE Schwab Fndmntl Em MRK Eq ETF FUND EM EQUI ETF · principal 795 $30K No change EWX State Street SPDR S&P Emergi ST MARKE CAP ETF · principal 445 $29K No change VNM Vaneck Vietnam ETF VANECK VIETNAM · principal 1,500 $26K No change BRK.B Berkshire Hathaway Inc. Class B CL B NEW · principal 19 $9K Reduce -72.5%
Total filed on the 13F, all lines: $3.4B.
Portfolio Sells Q4 2025 → Q1 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 Q4 2025 % Of Portfolio Change To Portfolio ▲ GOOG Alphabet Inc. Class C Reduce -26.6% 4.91% −2.60 TNL Travel + Leisure Co. Sold out 0.00% −1.96 AMAT Applied Materials Inc. Reduce -54.7% 2.35% −1.65 CVX Chevron Corp. Reduce -71.8% 0.89% −1.49 XOM Exxon Mobil Corp. Reduce -76.3% 0.62% −1.29 TTWO Take-Two Interactive Softwre Reduce -8.7% 1.55% −0.71 FCX Freeport-McMoran Inc. Sold out 0.00% −0.52 LVS Las Vegas Sands Corp. Reduce -0.3% 2.06% −0.50 AAPL Apple Inc. Sold out 0.00% −0.45 V Visa Inc. Class A Reduce -2.1% 1.90% −0.41 NKE Nike Inc. Class B Reduce -77.4% 0.08% −0.36 AER Aercap Holdings NV Reduce -2.7% 3.44% −0.36 PINS Pinterest Inc. Class A Reduce -1.0% 0.58% −0.27 CMCSA Comcast Corp. Class A Reduce -1.2% 3.00% −0.24 DOCU Docusign Inc. Reduce -20.6% 0.26% −0.22 CNH CNH Industrial NV Reduce -69.3% 0.12% −0.22 FISV Fiserv Inc. Reduce -0.3% 0.48% −0.11 NFLX Netflix Inc. Reduce -9.9% 0.84% −0.09 QCOM Qualcomm Inc. Reduce -15.4% 0.15% −0.09 ZBH Zimmer Biomet Holdings Inc. Reduce -1.5% 0.88% −0.03 CB Chubb Ltd. Reduce -2.6% 3.01% −0.03 EA Electronic Arts Inc. Sold out 0.00% −0.02 GWW WW Grainger Inc. Reduce -5.1% 0.70% −0.00 LH Labcorp Holdings Inc. Reduce -2.3% 2.56% +0.03 INTC Intel Corp. Reduce -11.1% 4.42% +0.16 DE Deere & Co. Reduce -3.7% 1.37% +0.16
Portfolio Buys Q4 2025 → Q1 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 Q4 2025 % Of Portfolio Change To Portfolio ▼ MSFT Microsoft Corp. Add +279.2% 4.19% +2.71 MELI MercadoLibre Inc. Add +264.8% 3.04% +2.04 NOW ServiceNow Inc. New 1.94% +1.94 NVDA Nvidia Corp. New 1.70% +1.70 AMZN Amazon.com Inc. Add +596.2% 1.86% +1.56 TMUS T-Mobile US Inc. Add +32.5% 3.61% +0.91 SPGI S&P Global Inc. Add +1744.0% 0.89% +0.83 PANW Palo Alto Networks Inc. New 0.74% +0.74 AVGO Broadcom Inc. Add +251.1% 0.95% +0.64 UBER Uber Technologies Inc. Add +51.3% 2.67% +0.61 ACN Accenture PLC Class A New 0.53% +0.53 AON Aon PLC Class A Add +37.5% 2.62% +0.48 AMRZ Amrize Ltd. Add +85.8% 0.98% +0.46 ABNB Airbnb Inc. Class A Add +20.4% 2.85% +0.24 DIS The Walt Disney Co. Add +47.0% 1.16% +0.21 INTU Intuit Inc. Add +115.7% 0.64% +0.17 ICE Intercontinental Exchange Inc. Add +17.8% 1.58% +0.16 NVIDIA CORPORATION Add +73.9% 0.40% +0.15 WH Wyndham Hotels & Resorts Inc. Add +6.5% 1.35% +0.14 BABA Alibaba Group Holding-SP ADR Add +22.4% 3.25% +0.07 AMD Advanced Micro Devices Add +14.1% 0.93% +0.05 ROP Roper Technologies Inc. Add +53.2% 0.25% +0.04 CRM Salesforce Inc. Add +47.0% 2.47% +0.02 TSM Taiwan Semiconductor-SP ADR Add +11.8% 0.11% +0.02 ADBE Adobe Inc. Add +44.1% 1.50% −0.04 CPAY Corpay Inc. Add +0.3% 0.69% −0.04 META Meta Platforms Inc. Class A Add +12.2% 1.75% −0.10 VIPS Vipshop Holdings Ltd. - ADR Add +9.9% 2.08% −0.10 SCHW Schwab (charles) Corp. Add +3.5% 4.37% −0.23 BLK BlackRock Inc. Add +4.5% 3.18% −0.29 ORCL Oracle Corp. Add +0.6% 2.16% −0.76 APO Apollo Global Management Inc. Add +12.2% 4.86% −0.91
Notes & Other Activity Q4 2025 → Q1 2026 Security Class Change vs Q4 2025 Shares / Principal Value ▼ NVDA Nvidia Corp. COM · principal Sold out 22,500 $4.2Mbefore exit GLD SPDR Gold Shares GOLD SHS · principal Reduce -6.9% 4,030 $1.7M AAPL Apple Inc. COM · principal New 5,177 $1.3M FCX Freeport-McMoran Inc. CL B · principal New 20,000 $1.2M PANW Palo Alto Networks Inc. COM · principal Sold out 4,000 $737Kbefore exit CEF Sprott Physical Gold and Sil PHYSICAL GOLD AN · principal Reduce -44.8% 15,045 $718K EA Electronic Arts Inc. COM · principal New 2,550 $520K TNL Travel + Leisure Co. COM · principal New 7,005 $485K GDXJ Vaneck Junior Gold Miners JUNIOR GOLD MINE · principal Add +20.3% 2,820 $339K GDX Vaneck Gold Miners ETF GOLD MINERS ETF · principal Add +24.1% 3,475 $319K VSNT Versant Media Group Inc. COM CL A · principal New 3,216 $119K SILJ Amplify Junior Silver Miners JR SILV MINE ETF · principal Add +334.8% 2,500 $74K BRK.B Berkshire Hathaway Inc. Class B CL B NEW · principal Reduce -72.5% 19 $9K
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