Eschler Asset Management LLP
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 14, 2024), Eschler Asset Management LLP reported 65 stock positions worth $67.0 million. Its top holding was Strategy (MSTR) at 15.1% of the portfolio, followed by PDD (PDD, 6.9%) and Fidelity Wise Origin Bitcoin (FBTC, 5.4%). Compared with Q2 2024, it opened 31 new positions, sold out of 16, added to 3 and reduced 17. The biggest buy was a new position in Alphabet Class A (GOOGL) and the biggest sale an exit from Agnico Eagle Mines (AEM).
- Most Recent 13F
- Q2 2026
- Location
- London, X0
- CIK
- 0001910874
- Portfolio Value
- $67.0M (Q3 2024)
- SEC Filing
- 0000919574-24-006504 ↗ filed Nov 14, 2024
Holdings Value
Holdings 65 stocks · $67.0M
| MSTR Strategy Inc. filed as MICROSTRATEGY INC | 15.11% | 60,000 | $10.1M | No change |
| PDD PDD Holdings Inc. | 6.95% | 34,500 | $4.7M | Add +5.8% |
| FBTC Fidelity Wise Origin Bitcoin | 5.39% | 65,000 | $3.6M | No change |
| META Meta Platforms Inc. Class A | 4.96% | 5,805 | $3.3M | Add +8.4% |
| GOOGL Alphabet Inc. Class A | 4.37% | 17,640 | $2.9M | New |
| RIO Rio Tinto PLC-Spon ADR | 3.96% | 37,275 | $2.7M | New |
| AZO AutoZone Inc. | 3.12% | 663 | $2.1M | Reduce -9.6% |
| BRK.A Berkshire Hathaway Inc. Class A | 3.10% | 3 | $2.1M | No change |
| AMT American Tower Corp. | 2.09% | 6,005 | $1.4M | New |
| AES AES Corp. | 1.97% | 65,631 | $1.3M | New |
| FSLR First Solar Inc. | 1.94% | 5,214 | $1.3M | New |
| EH Ehang Holdings Ltd.-SPS ADR | 1.77% | 83,965 | $1.2M | New |
| AGI Alamos Gold Inc. Class A | 1.74% | 58,500 | $1.2M | Reduce -85.7% |
| NTES Netease Inc.-ADR | 1.70% | 12,200 | $1.1M | Reduce -12.9% |
| NEM Newmont Corp. | 1.50% | 18,800 | $1.0M | Reduce -81.2% |
| SE Sea Ltd.-ADR | 1.49% | 10,600 | $999K | Add +165.0% |
| ACMR Acm Research Inc. Class A | 1.35% | 44,401 | $901K | New |
| MU Micron Technology Inc. | 1.28% | 8,235 | $854K | New |
| JD Jd.com Inc.-ADR | 1.25% | 20,839 | $834K | New |
| MSFT Microsoft Corp. | 1.23% | 1,912 | $823K | Reduce -20.6% |
| GCT Gigacloud Technology Inc. Class A | 1.21% | 35,234 | $810K | New |
| IBKR Interactive Brokers Gro Class A | 1.21% | 5,800 | $808K | No change |
| EXK Endeavour Silver Corp. | 1.17% | 199,467 | $786K | New |
| JOYY Joyy Inc.-ADR | 1.14% | 21,112 | $765K | New |
| TSLA Tesla Inc. | 1.07% | 2,732 | $715K | Reduce -58.7% |
| LEA Lear Corp. | 1.06% | 6,500 | $709K | No change |
| IIPR Innovative Industrial Proper | 1.03% | 5,119 | $689K | New |
| SCHW Schwab (charles) Corp. | 1.00% | 10,345 | $670K | No change |
| TOL Toll Brothers Inc. | 0.98% | 4,262 | $658K | New |
| EQT Eqt Corp. | 0.98% | 17,945 | $658K | New |
| ARCO Arcos Dorados Holdings Inc. Class A | 0.98% | 75,000 | $654K | New |
| CLIP Global X 1-3 Month T-Bill | 0.98% | 6,500 | $653K | New |
| PHM Pultegroup Inc. | 0.97% | 4,533 | $651K | New |
| SBSW Sibanye-Stillwater Ltd.-ADR | 0.96% | 157,122 | $646K | New |
| NOAH Noah Holdings Ltd.-Spon ADS filed as NOAH HLDGS LTD | 0.95% | 51,600 | $636K | Reduce -86.6% |
| KKR KKR & Co. Inc. | 0.94% | 4,815 | $629K | No change |
| SHY iShares 1-3 Year Treasury Bo | 0.93% | 7,500 | $624K | New |
| GLD SPDR Gold Shares | 0.91% | 2,500 | $608K | New |
| SILV Silvercrest Metals Inc. | 0.84% | 61,078 | $565K | Reduce -45.0% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.83% | 1,207 | $556K | Reduce -28.7% |
| CIM Chimera Investment Corp. | 0.83% | 35,000 | $554K | New |
| PYPL PayPal Holdings Inc. | 0.81% | 6,980 | $545K | Reduce -22.7% |
| HDB HDFC Bank Ltd.-ADR | 0.75% | 8,000 | $500K | Reduce -64.0% |
| VINP Vinci Compass Investments LT filed as VINCI PARTNERS INVTS LTD | 0.74% | 50,000 | $497K | No change |
| SPGI S&P Global Inc. | 0.73% | 951 | $491K | Reduce -42.2% |
| MSEX Middlesex Water Co. | 0.71% | 7,256 | $473K | New |
| VAL Valaris Ltd. | 0.65% | 7,750 | $432K | No change |
| VIPS Vipshop Holdings Ltd. - ADR | 0.64% | 27,409 | $431K | No change |
| MAG Mag Silver Corp. | 0.63% | 30,000 | $421K | Reduce -50.0% |
| SA Seabridge Gold Inc. | 0.63% | 25,000 | $420K | Reduce -50.0% |
| AMZN Amazon.com Inc. | 0.57% | 2,040 | $380K | No change |
| RTO Rentokil Initial PLC-SP ADR | 0.56% | 15,000 | $374K | Reduce -18.9% |
| IBN Icici Bank Ltd.-Spon ADR | 0.49% | 11,000 | $328K | Reduce -27.1% |
| LXU LSB Industries Inc. | 0.48% | 40,000 | $322K | New |
| FUTU Futu Holdings Ltd.-ADR filed as FUTU HLDGS LTD | 0.47% | 3,289 | $315K | New |
| GLNG Golar LNG Ltd. | 0.45% | 8,276 | $304K | New |
| RBLX Roblox Corp. Class A | 0.45% | 6,850 | $303K | No change |
| PINS Pinterest Inc. Class A | 0.45% | 9,230 | $299K | No change |
| UPWK Upwork Inc. | 0.40% | 25,500 | $266K | New |
| VOXR Vox Royalty Corp. | 0.38% | 85,000 | $257K | No change |
| IWN iShares Russell 2000 Value E | 0.37% | 1,500 | $250K | New |
| GDXJ Vaneck Junior Gold Miners | 0.36% | 5,000 | $244K | Reduce -98.5% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.36% | 2,500 | $240K | New |
| QFIN Qfin Holdings Inc.-ADR filed as QIFU TECHNOLOGY INC | 0.34% | 7,683 | $229K | New |
| ETSY Etsy Inc. | 0.33% | 4,000 | $222K | New |
Portfolio Sells Q2 2024 → Q3 2024
| AEM Agnico Eagle Mines Ltd. | Sold out | 0.00% | −19.89 |
| GDXJ Vaneck Junior Gold Miners | Reduce -98.5% | 0.36% | −9.57 |
| GDX Vaneck Gold Miners ETF | Sold out | 0.00% | −7.46 |
| FCX Freeport-McMoran Inc. | Sold out | 0.00% | −7.39 |
| IAUX I-80 Gold Corp. | Sold out | 0.00% | −5.08 |
| AGI Alamos Gold Inc. Class A | Reduce -85.7% | 1.74% | −3.29 |
| NOAH Noah Holdings Ltd.-Spon ADS | Reduce -86.6% | 0.95% | −2.47 |
| IMCR Immunocore Holdings PLC-ADR | Sold out | 0.00% | −2.04 |
| GOOG Alphabet Inc. Class C | Sold out | 0.00% | −1.84 |
| NEM Newmont Corp. | Reduce -81.2% | 1.50% | −1.32 |
| BLK BlackRock Finance Inc. | Sold out | 0.00% | −1.14 |
| UPST Upstart Holdings Inc. | Sold out | 0.00% | −1.06 |
| TLT iShares 20+ Year Treasury BD | Sold out | 0.00% | −0.73 |
| AAP Advance Auto Parts Inc. | Sold out | 0.00% | −0.55 |
| PROSHARES VIX SHORT-TERM FUT | Sold out | 0.00% | −0.48 |
| AJG Arthur J Gallagher & Co. | Sold out | 0.00% | −0.40 |
| LBRDK Liberty Broadband-C | Sold out | 0.00% | −0.39 |
| HDB HDFC Bank Ltd.-ADR | Reduce -64.0% | 0.75% | −0.38 |
| CNH CNH Industrial NV | Sold out | 0.00% | −0.25 |
| B Barrick Gold Corp. | Sold out | 0.00% | −0.16 |
| YMM Full Truck Alliance -SPN ADR | Sold out | 0.00% | −0.11 |
| TSLA Tesla Inc. | Reduce -58.7% | 1.07% | +0.02 |
| MAG Mag Silver Corp. | Reduce -50.0% | 0.63% | +0.08 |
| SA Seabridge Gold Inc. | Reduce -50.0% | 0.63% | +0.10 |
| RTO Rentokil Initial PLC-SP ADR | Reduce -18.9% | 0.56% | +0.13 |
| SILV Silvercrest Metals Inc. | Reduce -45.0% | 0.84% | +0.14 |
| IBN Icici Bank Ltd.-Spon ADR | Reduce -27.1% | 0.49% | +0.15 |
| SPGI S&P Global Inc. | Reduce -42.2% | 0.73% | +0.16 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -28.7% | 0.83% | +0.29 |
| MSFT Microsoft Corp. | Reduce -20.6% | 1.23% | +0.41 |
| PYPL PayPal Holdings Inc. | Reduce -22.7% | 0.81% | +0.44 |
| NTES Netease Inc.-ADR | Reduce -12.9% | 1.70% | +0.64 |
| AZO AutoZone Inc. | Reduce -9.6% | 3.12% | +1.41 |
Portfolio Buys Q2 2024 → Q3 2024
| GOOGL Alphabet Inc. Class A | New | 4.37% | +4.37 |
| RIO Rio Tinto PLC-Spon ADR | New | 3.96% | +3.96 |
| PDD PDD Holdings Inc. | Add +5.8% | 6.95% | +3.54 |
| META Meta Platforms Inc. Class A | Add +8.4% | 4.96% | +3.28 |
| AMT American Tower Corp. | New | 2.09% | +2.09 |
| AES AES Corp. | New | 1.97% | +1.97 |
| FSLR First Solar Inc. | New | 1.94% | +1.94 |
| EH Ehang Holdings Ltd.-SPS ADR | New | 1.77% | +1.77 |
| ACMR Acm Research Inc. Class A | New | 1.35% | +1.35 |
| MU Micron Technology Inc. | New | 1.28% | +1.28 |
| SE Sea Ltd.-ADR | Add +165.0% | 1.49% | +1.27 |
| JD Jd.com Inc.-ADR | New | 1.25% | +1.25 |
| GCT Gigacloud Technology Inc. Class A | New | 1.21% | +1.21 |
| EXK Endeavour Silver Corp. | New | 1.17% | +1.17 |
| JOYY Joyy Inc.-ADR | New | 1.14% | +1.14 |
| IIPR Innovative Industrial Proper | New | 1.03% | +1.03 |
| TOL Toll Brothers Inc. | New | 0.98% | +0.98 |
| EQT Eqt Corp. | New | 0.98% | +0.98 |
| ARCO Arcos Dorados Holdings Inc. Class A | New | 0.98% | +0.98 |
| CLIP Global X 1-3 Month T-Bill | New | 0.98% | +0.98 |
| PHM Pultegroup Inc. | New | 0.97% | +0.97 |
| SBSW Sibanye-Stillwater Ltd.-ADR | New | 0.96% | +0.96 |
| SHY iShares 1-3 Year Treasury Bo | New | 0.93% | +0.93 |
| GLD SPDR Gold Shares | New | 0.91% | +0.91 |
| CIM Chimera Investment Corp. | New | 0.83% | +0.83 |
| MSEX Middlesex Water Co. | New | 0.71% | +0.71 |
| LXU LSB Industries Inc. | New | 0.48% | +0.48 |
| FUTU Futu Holdings Ltd.-ADR | New | 0.47% | +0.47 |
| GLNG Golar LNG Ltd. | New | 0.45% | +0.45 |
| UPWK Upwork Inc. | New | 0.40% | +0.40 |
| IWN iShares Russell 2000 Value E | New | 0.37% | +0.37 |
| DIS The Walt Disney Co. | New | 0.36% | +0.36 |
| QFIN Qfin Holdings Inc.-ADR | New | 0.34% | +0.34 |
| ETSY Etsy Inc. | New | 0.33% | +0.33 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 33 | $55.9M | VXUS, VOO, GOOG, ITA, KSPI |
| Q1 2026 | 33 | $100.3M | GDXJ, IAUX, NEM, GOOG, VXUS |
| Q4 2025 | 55 | $147.1M | GDXJ, AGI, NEM, IAUX, HL |
| Q3 2025 | 67 | $134.9M | GDS, NEM, NGD, SE, AGI |
| Q2 2025 | 57 | $132.6M | BE, AGI, GDS, GDXJ, NGD |
| Q1 2025 | 41 | $40.4M | RIO, META, AGI, GOOGL, BRK.A |
| Q4 2024 | 49 | $42.5M | RIO, META, GOOGL, MSTR, BLK |
| Q3 2024 | 65 | $67.0M | MSTR, PDD, FBTC, META, GOOGL |
| Q2 2024 | 50 | $127.2M | AEM, GDXJ, GDX, FCX, MSTR |
| Q1 2024 | 100 | $154.6M | MSTR, GDXJ, GDX, FCX, AEM |