Catalyst Funds Management Pty Ltd

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 9, 2026), Catalyst Funds Management Pty Ltd reported 330 stock positions worth $430.9 million. Its top holding was Broadcom (AVGO) at 7.1% of the portfolio, followed by Rio Tinto PLC-Spon ADR (RIO, 5.6%) and Apple (AAPL, 4.2%). Compared with Q3 2025, it opened 118 new positions, sold out of 266, added to 48 and reduced 97. The biggest buy was Broadcom (AVGO, shares +210%) and the biggest sale an exit from Meta Platforms Class A (META).

Most Recent 13F
Q2 2026
Location
SYDNEY NSW, C3
CIK
0001896150
Portfolio Value
$430.9M (Q4 2025)
SEC Filing
0001896150-26-000003 ↗ filed Feb 9, 2026

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 Q3 2025 Q4 2025: $430.9M $430.9M Q4 2025 Q1 2026: $590.6M Q1 2026 Q2 2026: $1.8B Q2 2026

Holdings 330 stocks · $430.9M
AVGO Broadcom Inc. 7.06% 87,920 $30.4M Add +209.6%
RIO Rio Tinto PLC-Spon ADR 5.60% 301,607 $24.1M Add +23.5%
AAPL Apple Inc. 4.18% 66,300 $18.0M Reduce -55.6%
RVMD Revolution Medicines Inc. 4.13% 223,569 $17.8M Add +6.4%
NVDA Nvidia Corp. 4.00% 92,458 $17.2M Reduce -38.1%
WMT Walmart Inc. 3.44% 133,200 $14.8M New
FTAI Ftai Aviation Ltd. 1.71% 37,495 $7.4M No change
GOOG Alphabet Inc. Class C 1.27% 17,400 $5.5M Reduce -51.5%
NWS News Corp. Class B 1.21% 176,261 $5.2M Reduce -43.0%
RDDT Reddit Inc. Class A 1.18% 22,100 $5.1M No change
ALB Albemarle Corp. 1.07% 32,640 $4.6M Reduce -12.0%
JPM JPMorgan Chase & Co. 1.05% 14,000 $4.5M Reduce -42.1%
LNG Cheniere Energy Inc. 0.98% 21,710 $4.2M Add +1.4%
CW Curtiss-Wright Corp. 0.95% 7,432 $4.1M Add +72.8%
LPLA LPL Financial Holdings Inc. 0.94% 11,400 $4.1M No change
CRDO Credo Technology Group Holdi 0.90% 26,900 $3.9M Reduce -26.7%
IBIT iShares Bitcoin Trust ETF 0.85% 73,990 $3.7M No change
GOOGL Alphabet Inc. Class A 0.84% 11,600 $3.6M Reduce -62.6%
MRK Merck & Co. Inc. 0.83% 34,000 $3.6M Add +185.7%
ZM Zoom Communications Inc. 0.80% 39,800 $3.4M No change
TOST Toast Inc. Class A 0.79% 95,700 $3.4M No change
VEEV Veeva Systems Inc. Class A 0.78% 15,140 $3.4M Reduce -9.0%
J Jacobs Solutions Inc. 0.77% 25,000 $3.3M New
XOM Exxon Mobil Corp. 0.75% 27,000 $3.2M Reduce -30.8%
COHR Coherent Corp. 0.73% 17,098 $3.2M Add +194.8%
RPRX Royalty Pharma PLC Class A 0.71% 79,147 $3.1M No change
EXLS Exlservice Holdings Inc. 0.69% 69,600 $3.0M Reduce -32.0%
C Citigroup Inc. 0.66% 24,300 $2.8M Add +3.4%
MMM 3M Co. 0.64% 17,300 $2.8M Add +260.4%
BWA Borgwarner Inc. 0.64% 61,100 $2.8M New
FERG Ferguson Enterprises Inc. 0.63% 12,200 $2.7M Reduce -2.4%
ALAB Astera Labs Inc. 0.63% 16,300 $2.7M Reduce -21.6%
HL Hecla Mining Co. 0.63% 140,600 $2.7M Add +179.5%
RMD Resmed Inc. 0.61% 10,859 $2.6M Reduce -43.6%
JCI Johnson Controls Internation 0.58% 21,000 $2.5M Add +536.4%
DNN Denison Mines Corp. 0.58% 938,900 $2.5M Reduce -3.1%
MSFT Microsoft Corp. 0.57% 5,040 $2.4M Reduce -87.5%
CASY Casey's General Stores Inc. 0.54% 4,200 $2.3M Reduce -2.3%
TRU Transunion 0.52% 26,320 $2.3M Reduce -29.1%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.52% 40,700 $2.2M New
SRE Sempra 0.51% 25,100 $2.2M New
AIT Applied Industrial Tech Inc. 0.50% 8,440 $2.2M Reduce -1.9%
BAM Brookfield Asset Mgmt-A 0.49% 40,278 $2.1M No change
CCEP Coca-Cola Europacific Partne 0.49% 23,113 $2.1M Add +83.3%
VRT Vertiv Holdings Co. Class A 0.48% 12,700 $2.1M No change
AFRM Affirm Holdings Inc. 0.47% 27,100 $2.0M No change
BIIB Biogen Inc. 0.47% 11,400 $2.0M New
WFC Wells Fargo & Co. 0.46% 21,300 $2.0M Reduce -44.7%
CVX Chevron Corp. 0.45% 12,800 $2.0M Add +166.7%
IR Ingersoll-Rand Inc. 0.45% 24,600 $1.9M Add +11.8%
AKAM Akamai Technologies Inc. 0.44% 21,900 $1.9M Add +525.7%
SSNC Ss&c Technologies Holdings 0.44% 21,700 $1.9M Reduce -3.1%
WBD Warner Bros Discovery Inc. 0.43% 65,000 $1.9M Reduce -59.5%
LRCX Lam Research Corp. 0.43% 10,914 $1.9M Reduce -19.2%
SSB Southstate Bank Corp. 0.43% 19,800 $1.9M No change
GWRE Guidewire Software Inc. 0.43% 9,119 $1.8M Reduce -4.2%
FCNCA First Citizens Bcshs Class A 0.42% 850 $1.8M Reduce -5.6%
AFL Aflac Inc. 0.42% 16,500 $1.8M Add +161.9%
LULU Lululemon Athletica Inc. 0.41% 8,600 $1.8M New
FDS Factset Research Systems Inc. 0.40% 6,012 $1.7M New
V Visa Inc. Class A 0.40% 4,960 $1.7M Reduce -43.6%
MKL Markel Group Inc. 0.40% 800 $1.7M No change
EXPD Expeditors Intl Wash Inc. 0.39% 11,400 $1.7M New
ON On Semiconductor 0.38% 30,000 $1.6M New
CB Chubb Ltd. 0.38% 5,200 $1.6M Add +246.7%
SGI Somnigroup International Inc. 0.37% 18,002 $1.6M New
RVTY Revvity Inc. 0.37% 16,500 $1.6M New
TTD Trade Desk Inc./the Class A filed as THE TRADE DESK INC 0.37% 42,000 $1.6M New
VIPS Vipshop Holdings Ltd. - ADR 0.36% 88,467 $1.6M New
MOH Molina Healthcare Inc. 0.36% 9,000 $1.6M New
GFS Globalfoundries Inc. 0.35% 43,700 $1.5M New
POOL Pool Corp. 0.33% 6,160 $1.4M Add +105.3%
LAZ Lazard Inc. 0.33% 29,007 $1.4M New
BTSG Brightspring Health Services 0.32% 36,800 $1.4M New
TSCO Tractor Supply Company 0.32% 27,450 $1.4M Reduce -44.0%
INMD Inmode Ltd. 0.32% 93,000 $1.4M No change
HUBS HubSpot Inc. 0.32% 3,400 $1.4M No change
SCHW Schwab (charles) Corp. 0.31% 13,400 $1.3M Add +139.3%
FLUT Flutter Entertainment PLC-Di 0.31% 6,120 $1.3M New
MLI Mueller Industries Inc. 0.30% 11,300 $1.3M Reduce -18.1%
ALGN Align Technology Inc. 0.30% 8,300 $1.3M New
CDW CDW Corp. 0.30% 9,500 $1.3M New
AZN Astrazeneca PLC-Spons ADR 0.30% 14,000 $1.3M Reduce -13.0%
MA Mastercard Inc. Class A 0.29% 2,200 $1.3M New
ED Consolidated Edison Inc. 0.29% 12,600 $1.3M New
BMRN Biomarin Pharmaceutical Inc. 0.29% 20,800 $1.2M New
IQ Iqiyi Inc.-ADR 0.28% 627,600 $1.2M New
OC Owens Corning 0.28% 10,737 $1.2M New
AXP American Express Co. 0.28% 3,240 $1.2M Reduce -52.4%
EXE Expand Energy Corp. 0.27% 10,700 $1.2M New
AMAT Applied Materials Inc. 0.27% 4,584 $1.2M Add +76.3%
T AT&T Inc. 0.26% 45,300 $1.1M Add +26.2%
TW Tradeweb Markets Inc. Class A 0.26% 10,400 $1.1M No change
CRM Salesforce Inc. 0.26% 4,200 $1.1M New
QCOM Qualcomm Inc. 0.26% 6,423 $1.1M Reduce -44.1%
CYBR Cyberark Software Ltd./Israel 0.25% 2,440 $1.1M New
MSEX Middlesex Water Co. 0.25% 21,488 $1.1M Reduce -6.1%
AMRZ Amrize Ltd. 0.25% 20,000 $1.1M New
IT Gartner Inc. 0.25% 4,280 $1.1M New
BPOP Popular Inc. 0.25% 8,500 $1.1M Reduce -7.6%

Show all 330 holdings

Portfolio Sells Q3 2025 → Q4 2025
META Meta Platforms Inc. Class A Sold out 0.00% −3.43
ASHR Xtrackers Harvest Csi 300 CH Sold out 0.00% −3.14
MSFT Microsoft Corp. Reduce -87.5% 0.57% −2.60
AAPL Apple Inc. Reduce -55.6% 4.18% −1.59
APH Amphenol Corp. Class A Sold out 0.00% −1.48
PSKY Paramount Skydance Class B Sold out 0.00% −1.30
CRH CRH PLC Reduce -94.7% 0.12% −1.26
MSTR Strategy Inc. Sold out 0.00% −1.06
INSM Insmed Inc. Sold out 0.00% −1.05
AUR Aurora Innovation Inc. Sold out 0.00% −0.84
UUUU Energy Fuels Inc. Sold out 0.00% −0.80
NEM Newmont Corp. Sold out 0.00% −0.79
ALNY Alnylam Pharmaceuticals Inc. Sold out 0.00% −0.58
NBIS Nebius Group NV Sold out 0.00% −0.57
FER Ferrovial NV Sold out 0.00% −0.57
KMB Kimberly-Clark Corp. Sold out 0.00% −0.55
HALO Halozyme Therapeutics Inc. Sold out 0.00% −0.49
PINS Pinterest Inc. Class A Sold out 0.00% −0.47
MPWR Monolithic Power Systems Inc. Sold out 0.00% −0.44
EA Electronic Arts Inc. Reduce -92.2% 0.06% −0.43
ODP The Odp Corp. Sold out 0.00% −0.42
COOP Mr Cooper Group Inc. Sold out 0.00% −0.41
NWS News Corp. Class B Reduce -43.0% 1.21% −0.41
STX Seagate Technology Holdings Sold out 0.00% −0.40
FIX Comfort Systems USA Inc. Sold out 0.00% −0.39
HLNE Hamilton Lane Inc. Class A Sold out 0.00% −0.37
VST Vistra Corp. Sold out 0.00% −0.37
EBAY eBay Inc. Reduce -84.4% 0.10% −0.35
STNE Stoneco Ltd. Class A Sold out 0.00% −0.35
AEM Agnico Eagle Mines Ltd. Sold out 0.00% −0.33
FLEX Flex Ltd. Sold out 0.00% −0.33
CTAS Cintas Corp. Sold out 0.00% −0.31
GOOGL Alphabet Inc. Class A Reduce -62.6% 0.84% −0.30
BLK BlackRock Inc. Sold out 0.00% −0.30
TDG Transdigm Group Inc. Sold out 0.00% −0.30
BRK.B Berkshire Hathaway Inc. Class B Sold out 0.00% −0.30
ARES Ares Management Corp. Class A Sold out 0.00% −0.30
AIZ Assurant Inc. Sold out 0.00% −0.29
MS Morgan Stanley Reduce -85.1% 0.09% −0.28
TSM Taiwan Semiconductor-SP ADR Sold out 0.00% −0.28
CPB The Campbell's Company Sold out 0.00% −0.27
UAL United Airlines Holdings Inc. Sold out 0.00% −0.27
BAH Booz Allen Hamilton Holdings Sold out 0.00% −0.27
PEP Pepsico Inc. Sold out 0.00% −0.27
CIEN Ciena Corp. Sold out 0.00% −0.27
HON Honeywell International Inc. Sold out 0.00% −0.25
LIN Linde PLC Sold out 0.00% −0.25
CVNA Carvana Co. Sold out 0.00% −0.25
MANH Manhattan Associates Inc. Sold out 0.00% −0.25
WDC Western Digital Corp. Sold out 0.00% −0.25

Portfolio Buys Q3 2025 → Q4 2025
AVGO Broadcom Inc. Add +209.6% 7.06% +5.64
WMT Walmart Inc. New 3.44% +3.44
RIO Rio Tinto PLC-Spon ADR Add +23.5% 5.60% +3.15
RVMD Revolution Medicines Inc. Add +6.4% 4.13% +2.64
J Jacobs Solutions Inc. New 0.77% +0.77
MRK Merck & Co. Inc. Add +185.7% 0.83% +0.68
BWA Borgwarner Inc. New 0.64% +0.64
COHR Coherent Corp. Add +194.8% 0.73% +0.64
CW Curtiss-Wright Corp. Add +72.8% 0.95% +0.60
HL Hecla Mining Co. Add +179.5% 0.63% +0.53
MMM 3M Co. Add +260.4% 0.64% +0.53
JCI Johnson Controls Internation Add +536.4% 0.58% +0.53
BAC Bank of America Corp. New 0.52% +0.52
SRE Sempra New 0.51% +0.51
BIIB Biogen Inc. New 0.47% +0.47
LULU Lululemon Athletica Inc. New 0.41% +0.41
FDS Factset Research Systems Inc. New 0.40% +0.40
AKAM Akamai Technologies Inc. Add +525.7% 0.44% +0.40
EXPD Expeditors Intl Wash Inc. New 0.39% +0.39
ON On Semiconductor New 0.38% +0.38
SGI Somnigroup International Inc. New 0.37% +0.37
RVTY Revvity Inc. New 0.37% +0.37
TTD Trade Desk Inc./the Class A New 0.37% +0.37
VIPS Vipshop Holdings Ltd. - ADR New 0.36% +0.36
MOH Molina Healthcare Inc. New 0.36% +0.36
GFS Globalfoundries Inc. New 0.35% +0.35
CVX Chevron Corp. Add +166.7% 0.45% +0.34
LAZ Lazard Inc. New 0.33% +0.33
BTSG Brightspring Health Services New 0.32% +0.32
AFL Aflac Inc. Add +161.9% 0.42% +0.32
CCEP Coca-Cola Europacific Partne Add +83.3% 0.49% +0.31
CB Chubb Ltd. Add +246.7% 0.38% +0.31
FLUT Flutter Entertainment PLC-Di New 0.31% +0.31
ALGN Align Technology Inc. New 0.30% +0.30
CDW CDW Corp. New 0.30% +0.30
C Citigroup Inc. Add +3.4% 0.66% +0.30
MA Mastercard Inc. Class A New 0.29% +0.29
ED Consolidated Edison Inc. New 0.29% +0.29
BMRN Biomarin Pharmaceutical Inc. New 0.29% +0.29
IQ Iqiyi Inc.-ADR New 0.28% +0.28
OC Owens Corning New 0.28% +0.28
EXE Expand Energy Corp. New 0.27% +0.27
CRM Salesforce Inc. New 0.26% +0.26
CYBR Cyberark Software Ltd./Israel New 0.25% +0.25
AMRZ Amrize Ltd. New 0.25% +0.25
IT Gartner Inc. New 0.25% +0.25
CCK Crown Holdings Inc. New 0.24% +0.24
SCHW Schwab (charles) Corp. Add +139.3% 0.31% +0.23
CPT Camden Property Trust New 0.23% +0.23
LKQ LKQ Corp. New 0.23% +0.23

Options Activity Q3 2025 → Q4 2025
APPLOVIN CORP put Sold out 660 $2.6Mbefore exit
ROBINHOOD MKTS INC put Sold out 3,300 $640Kbefore exit

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