Catalyst Funds Management Pty Ltd

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 12, 2025), Catalyst Funds Management Pty Ltd reported 477 stock positions worth $658.5 million. Its top holding was Apple (AAPL) at 5.8% of the portfolio, followed by Nvidia (NVDA, 4.2%) and Meta Platforms Class A (META, 3.4%). Compared with Q2 2025, it opened 258 new positions, sold out of 211, added to 109 and reduced 89. The biggest buy was a new position in Apple (AAPL) and the biggest sale an exit from Vaneck Gold Miners ETF (GDX).

Most Recent 13F
Q2 2026
Location
SYDNEY NSW, C3
CIK
0001896150
Portfolio Value
$658.5M (Q3 2025)
SEC Filing
0001896150-25-000022 ↗ filed Nov 12, 2025

Holdings Value

0$500.0M$1.0B$1.5B$2.0B Q1 2024: $358.2M Q1 2024 Q2 2024: $372.9M Q2 2024 Q3 2024: $455.3M Q3 2024 Q4 2024: $404.7M Q4 2024 Q1 2025: $382.4M Q1 2025 Q2 2025: $362.0M Q2 2025 Q3 2025: $658.5M $658.5M Q3 2025 Q4 2025: $430.9M Q4 2025 Q1 2026: $590.6M Q1 2026 Q2 2026: $1.8B Q2 2026

Holdings 477 stocks · $658.5M
AAPL Apple Inc. 5.77% 149,200 $38.0M New
NVDA Nvidia Corp. 4.23% 149,358 $27.9M Add +132.1%
META Meta Platforms Inc. Class A 3.43% 30,800 $22.6M New
MSFT Microsoft Corp. 3.17% 40,300 $20.9M New
ASHR Xtrackers Harvest Csi 300 CH 3.14% 627,485 $20.7M New
RIO Rio Tinto PLC-Spon ADR 2.45% 244,216 $16.1M Add +467.7%
NWS News Corp. Class B 1.62% 309,300 $10.7M New
RVMD Revolution Medicines Inc. 1.49% 210,169 $9.8M Add +360.9%
APH Amphenol Corp. Class A 1.48% 78,900 $9.8M Add +0.9%
AVGO Broadcom Inc. 1.42% 28,400 $9.4M New
CRH CRH PLC 1.38% 75,555 $9.1M Add +1.5%
GOOG Alphabet Inc. Class C 1.33% 35,900 $8.7M New
PSKY Paramount Skydance Class B 1.30% 452,132 $8.6M New
JPM JPMorgan Chase & Co. 1.16% 24,200 $7.6M New
GOOGL Alphabet Inc. Class A 1.14% 31,000 $7.5M New
MSTR Strategy Inc. 1.06% 21,600 $7.0M New
INSM Insmed Inc. 1.05% 47,900 $6.9M Add +1.5%
FTAI Ftai Aviation Ltd. 0.95% 37,495 $6.3M Reduce -0.3%
AUR Aurora Innovation Inc. 0.84% 1,029,300 $5.5M Add +158.8%
CRDO Credo Technology Group Holdi 0.81% 36,700 $5.3M Add +298.9%
RMD Resmed Inc. 0.80% 19,259 $5.3M New
UUUU Energy Fuels Inc. 0.80% 342,997 $5.3M New
NEM Newmont Corp. 0.79% 61,826 $5.2M Add +178.2%
RDDT Reddit Inc. Class A 0.77% 22,100 $5.1M Add +820.8%
LNG Cheniere Energy Inc. 0.76% 21,410 $5.0M No change
VEEV Veeva Systems Inc. Class A 0.75% 16,640 $5.0M Add +70.8%
IBIT iShares Bitcoin Trust ETF 0.73% 73,990 $4.8M New
EXLS Exlservice Holdings Inc. 0.68% 102,300 $4.5M Add +119.1%
XOM Exxon Mobil Corp. 0.67% 39,000 $4.4M New
ALAB Astera Labs Inc. 0.62% 20,800 $4.1M New
ALNY Alnylam Pharmaceuticals Inc. 0.58% 8,320 $3.8M Reduce -22.8%
LPLA LPL Financial Holdings Inc. 0.58% 11,400 $3.8M Add +185.0%
NBIS Nebius Group NV 0.57% 33,600 $3.8M New
FER Ferrovial NV 0.57% 64,200 $3.8M New
KMB Kimberly-Clark Corp. 0.55% 29,100 $3.6M Add +158.1%
TOST Toast Inc. Class A 0.53% 95,700 $3.5M Add +319.7%
ZM Zoom Communications Inc. 0.50% 39,800 $3.3M Add +148.8%
EA Electronic Arts Inc. 0.49% 16,000 $3.2M Add +233.3%
WFC Wells Fargo & Co. 0.49% 38,500 $3.2M New
HALO Halozyme Therapeutics Inc. 0.49% 43,800 $3.2M Add +8.7%
WBD Warner Bros Discovery Inc. 0.48% 160,500 $3.1M New
TRU Transunion 0.47% 37,120 $3.1M Add +76.6%
PINS Pinterest Inc. Class A 0.47% 96,000 $3.1M Add +266.4%
EBAY eBay Inc. 0.46% 33,180 $3.0M Reduce -31.8%
ALB Albemarle Corp. 0.46% 37,100 $3.0M Add +401.7%
V Visa Inc. Class A 0.46% 8,800 $3.0M New
MPWR Monolithic Power Systems Inc. 0.44% 3,175 $2.9M Add +46.0%
FERG Ferguson Enterprises Inc. 0.43% 12,500 $2.8M Add +2.5%
RPRX Royalty Pharma PLC Class A 0.42% 79,147 $2.8M Add +152.8%
TSCO Tractor Supply Company 0.42% 49,050 $2.8M Add +39.5%
ODP The Odp Corp. filed as THE ODP CORP 0.42% 99,583 $2.8M Add +92.7%
COOP Mr Cooper Group Inc. 0.41% 12,900 $2.7M Reduce -33.2%
DNN Denison Mines Corp. 0.40% 968,700 $2.7M Reduce -48.4%
STX Seagate Technology Holdings 0.40% 11,100 $2.6M New
FIX Comfort Systems USA Inc. 0.39% 3,100 $2.6M No change
GS Goldman Sachs Group Inc. 0.39% 3,200 $2.5M Add +23.1%
HLNE Hamilton Lane Inc. Class A 0.37% 18,200 $2.5M Add +49.2%
MS Morgan Stanley 0.37% 15,400 $2.4M New
CASY Casey's General Stores Inc. 0.37% 4,300 $2.4M Add +132.4%
VST Vistra Corp. 0.37% 12,400 $2.4M New
HCA HCA Healthcare Inc. 0.36% 5,600 $2.4M Add +229.4%
C Citigroup Inc. 0.36% 23,500 $2.4M New
CW Curtiss-Wright Corp. 0.35% 4,300 $2.3M Add +196.6%
BAM Brookfield Asset Mgmt-A 0.35% 40,278 $2.3M Reduce -11.8%
STNE Stoneco Ltd. Class A 0.35% 120,467 $2.3M Add +22.5%
AXP American Express Co. 0.34% 6,800 $2.3M New
AIT Applied Industrial Tech Inc. 0.34% 8,600 $2.2M Reduce -17.3%
GWRE Guidewire Software Inc. 0.33% 9,519 $2.2M Add +18.7%
AEM Agnico Eagle Mines Ltd. 0.33% 12,800 $2.2M New
FLEX Flex Ltd. 0.33% 37,100 $2.2M Reduce -9.9%
CSCO Cisco Systems Inc. 0.32% 30,700 $2.1M New
CTAS Cintas Corp. 0.31% 9,800 $2.0M New
SSNC Ss&c Technologies Holdings 0.30% 22,400 $2.0M Add +3.2%
BLK BlackRock Inc. 0.30% 1,700 $2.0M Add +0.2%
AFRM Affirm Holdings Inc. 0.30% 27,100 $2.0M Add +150.9%
TDG Transdigm Group Inc. 0.30% 1,500 $2.0M New
BRK.B Berkshire Hathaway Inc. Class B 0.30% 3,900 $2.0M New
SSB Southstate Bank Corp. 0.30% 19,800 $2.0M Reduce -25.0%
ARES Ares Management Corp. Class A 0.30% 12,170 $1.9M Reduce -1.6%
AIZ Assurant Inc. 0.29% 8,860 $1.9M Add +98.7%
VRT Vertiv Holdings Co. Class A 0.29% 12,700 $1.9M Add +69.3%
QCOM Qualcomm Inc. 0.29% 11,500 $1.9M New
IR Ingersoll-Rand Inc. 0.28% 22,000 $1.8M New
TSM Taiwan Semiconductor-SP ADR 0.28% 6,500 $1.8M New
LRCX Lam Research Corp. 0.27% 13,500 $1.8M New
CPB The Campbell's Company 0.27% 56,900 $1.8M Add +561.6%
UAL United Airlines Holdings Inc. 0.27% 18,355 $1.8M Add +10.9%
BAH Booz Allen Hamilton Holdings 0.27% 17,595 $1.8M Add +114.7%
PEP Pepsico Inc. 0.27% 12,500 $1.8M New
CIEN Ciena Corp. 0.27% 12,000 $1.7M New
KTOS Kratos Defense & Security 0.25% 18,300 $1.7M New
HON Honeywell International Inc. 0.25% 7,900 $1.7M Add +243.5%
LIN Linde PLC 0.25% 3,500 $1.7M Reduce -22.2%
CVNA Carvana Co. 0.25% 4,400 $1.7M No change
MANH Manhattan Associates Inc. 0.25% 8,062 $1.7M Add +11.0%
WDC Western Digital Corp. 0.25% 13,700 $1.6M New
FCNCA First Citizens Bcshs Class A 0.24% 900 $1.6M Add +12.5%
FNF Fidelity National Financial 0.24% 26,500 $1.6M New
MTSI Macom Technology Solutions H 0.24% 12,800 $1.6M New
HUBS HubSpot Inc. 0.24% 3,400 $1.6M No change

Show all 477 holdings

Options reported separately and not counted above: APPLOVIN CORP puts ($2.6M), ROBINHOOD MKTS INC puts ($640K).

Portfolio Sells Q2 2025 → Q3 2025
GDX Vaneck Gold Miners ETF Sold out 0.00% −2.84
APP AppLovin Corp. Class A Sold out 0.00% −2.34
TRI Thomson Reuters Corp. Sold out 0.00% −1.64
SFM Sprouts Farmers Market Inc. Sold out 0.00% −1.38
WELL Welltower Inc. Sold out 0.00% −1.38
LIF LIFE360 Inc. Sold out 0.00% −1.11
PAAS Pan American Silver Corp. Sold out 0.00% −0.92
TME Tencent Music Entertainm-ADR Reduce -85.4% 0.09% −0.88
AGI Alamos Gold Inc. Class A Sold out 0.00% −0.79
DOC Healthpeak Properties Inc. Sold out 0.00% −0.74
MKL Markel Group Inc. Reduce -49.6% 0.23% −0.64
CRS Carpenter Technology Reduce -80.7% 0.07% −0.64
KGC Kinross Gold Corp. Sold out 0.00% −0.64
CVX Chevron Corp. Reduce -73.6% 0.11% −0.61
CME Cme Group Inc. Sold out 0.00% −0.60
FLUT Flutter Entertainment PLC-Di Sold out 0.00% −0.57
CCJ Cameco Corp. Reduce -81.9% 0.07% −0.55
EBAY eBay Inc. Reduce -31.8% 0.46% −0.54
DNN Denison Mines Corp. Reduce -48.4% 0.40% −0.54
MLI Mueller Industries Inc. Reduce -59.3% 0.21% −0.53
XYZ Block Inc. Reduce -88.5% 0.04% −0.53
TXN Texas Instruments Inc. Sold out 0.00% −0.48
CCEP Coca-Cola Europacific Partne Reduce -50.5% 0.17% −0.48
KR Kroger Co. Reduce -86.3% 0.04% −0.47
HCM Hutchmed China-ADR Sold out 0.00% −0.46
CORZ Core Scientific Inc. Reduce -54.8% 0.16% −0.45
ASTS Ast Spacemobile Inc. Sold out 0.00% −0.44
CORT Corcept Therapeutics Inc. Sold out 0.00% −0.44
RKT Rocket Cos Inc. Class A Sold out 0.00% −0.44
IBM Intl Business Machines Corp. Reduce -64.0% 0.10% −0.42
ALNY Alnylam Pharmaceuticals Inc. Reduce -22.8% 0.58% −0.39
FTI Technipfmc PLC Reduce -85.7% 0.04% −0.39
QFIN Qfin Holdings Inc.-ADR Sold out 0.00% −0.39
DDOG Datadog Inc. Class A Sold out 0.00% −0.38
COOP Mr Cooper Group Inc. Reduce -33.2% 0.41% −0.38
NRG NRG Energy Inc. Reduce -71.6% 0.07% −0.38
SSB Southstate Bank Corp. Reduce -25.0% 0.30% −0.37
TTD Trade Desk Inc./the Class A Sold out 0.00% −0.36
IAG Iamgold Corp. Sold out 0.00% −0.36
BAM Brookfield Asset Mgmt-A Reduce -11.8% 0.35% −0.35
HOOD Robinhood Markets Inc. Class A Sold out 0.00% −0.34
COP Conocophillips Reduce -30.4% 0.23% −0.34
OVV Ovintiv Inc. Sold out 0.00% −0.33
LIN Linde PLC Reduce -22.2% 0.25% −0.33
PRMB Primo Brands Corp. Sold out 0.00% −0.33
KMX Carmax Inc. Sold out 0.00% −0.33
AIT Applied Industrial Tech Inc. Reduce -17.3% 0.34% −0.33
FISV Fiserv Inc. Reduce -25.3% 0.14% −0.33
ALLY Ally Financial Inc. Sold out 0.00% −0.33
SA Seabridge Gold Inc. Sold out 0.00% −0.32

Portfolio Buys Q2 2025 → Q3 2025
AAPL Apple Inc. New 5.77% +5.77
META Meta Platforms Inc. Class A New 3.43% +3.43
MSFT Microsoft Corp. New 3.17% +3.17
ASHR Xtrackers Harvest Csi 300 CH New 3.14% +3.14
RIO Rio Tinto PLC-Spon ADR Add +467.7% 2.45% +1.75
NWS News Corp. Class B New 1.62% +1.62
NVDA Nvidia Corp. Add +132.1% 4.23% +1.42
AVGO Broadcom Inc. New 1.42% +1.42
GOOG Alphabet Inc. Class C New 1.33% +1.33
PSKY Paramount Skydance Class B New 1.30% +1.30
JPM JPMorgan Chase & Co. New 1.16% +1.16
GOOGL Alphabet Inc. Class A New 1.14% +1.14
MSTR Strategy Inc. New 1.06% +1.06
RVMD Revolution Medicines Inc. Add +360.9% 1.49% +1.03
RMD Resmed Inc. New 0.80% +0.80
UUUU Energy Fuels Inc. New 0.80% +0.80
IBIT iShares Bitcoin Trust ETF New 0.73% +0.73
RDDT Reddit Inc. Class A Add +820.8% 0.77% +0.67
XOM Exxon Mobil Corp. New 0.67% +0.67
ALAB Astera Labs Inc. New 0.62% +0.62
CRDO Credo Technology Group Holdi Add +298.9% 0.81% +0.58
NBIS Nebius Group NV New 0.57% +0.57
FER Ferrovial NV New 0.57% +0.57
WFC Wells Fargo & Co. New 0.49% +0.49
WBD Warner Bros Discovery Inc. New 0.48% +0.48
V Visa Inc. Class A New 0.46% +0.46
NEM Newmont Corp. Add +178.2% 0.79% +0.43
STX Seagate Technology Holdings New 0.40% +0.40
MS Morgan Stanley New 0.37% +0.37
VST Vistra Corp. New 0.37% +0.37
C Citigroup Inc. New 0.36% +0.36
AXP American Express Co. New 0.34% +0.34
ALB Albemarle Corp. Add +401.7% 0.46% +0.33
AEM Agnico Eagle Mines Ltd. New 0.33% +0.33
CSCO Cisco Systems Inc. New 0.32% +0.32
CTAS Cintas Corp. New 0.31% +0.31
TDG Transdigm Group Inc. New 0.30% +0.30
BRK.B Berkshire Hathaway Inc. Class B New 0.30% +0.30
QCOM Qualcomm Inc. New 0.29% +0.29
EA Electronic Arts Inc. Add +233.3% 0.49% +0.28
IR Ingersoll-Rand Inc. New 0.28% +0.28
TSM Taiwan Semiconductor-SP ADR New 0.28% +0.28
LRCX Lam Research Corp. New 0.27% +0.27
AUR Aurora Innovation Inc. Add +158.8% 0.84% +0.27
PEP Pepsico Inc. New 0.27% +0.27
CIEN Ciena Corp. New 0.27% +0.27
KTOS Kratos Defense & Security New 0.25% +0.25
TOST Toast Inc. Class A Add +319.7% 0.53% +0.25
WDC Western Digital Corp. New 0.25% +0.25
FNF Fidelity National Financial New 0.24% +0.24

Options Activity Q2 2025 → Q3 2025
APPLOVIN CORP put New 660 $2.6M
ROBINHOOD MKTS INC put New 3,300 $640K

Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 641$1.8BAAPL, BE, INTC, MSFT, CRDO
Q1 2026 584$590.6MAAPL, RIO, ARM, MDLN, CSCO
Q4 2025 330$430.9MAVGO, RIO, AAPL, RVMD, NVDA
Q3 2025 477$658.5MAAPL, NVDA, META, MSFT, ASHR
Q2 2025 429$362.0MGDX, NVDA, APP, APH, CRH
Q1 2025 448$382.4MRIO, NVDA, PFE, IBIT, MA
Q4 2024 296$404.7MAVGO, META, RIO, CCEP, APP
Q3 2024 1,268$455.3MNVDA, MSFT, MMM, RIO, SPOT
Q2 2024 1,142$372.9MAAPL, MMM, AVGO, NU, RIO
Q1 2024 1,091$358.2MRIO, KVUE, WMT, DECK, META