Eschler Asset Management LLP
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 14, 2025), Eschler Asset Management LLP reported 49 stock positions worth $42.5 million. Its top holding was Rio Tinto PLC-Spon ADR (RIO) at 13.2% of the portfolio, followed by Meta Platforms Class A (META, 8.6%) and Alphabet Class A (GOOGL, 8.6%). Compared with Q3 2024, it opened 16 new positions, sold out of 32, added to 12 and reduced 9. The biggest buy was Rio Tinto PLC-Spon ADR (RIO, shares +156%) and the biggest sale Strategy (MSTR, shares −84%).
- Most Recent 13F
- Q2 2026
- Location
- London, X0
- CIK
- 0001910874
- Portfolio Value
- $42.5M (Q4 2024)
- SEC Filing
- 0000919574-25-001191 ↗ filed Feb 14, 2025
Holdings Value
Holdings 49 stocks · $42.5M
| RIO Rio Tinto PLC-Spon ADR | 13.20% | 95,475 | $5.6M | Add +156.1% |
| META Meta Platforms Inc. Class A | 8.60% | 6,246 | $3.7M | Add +7.6% |
| GOOGL Alphabet Inc. Class A | 8.57% | 19,159 | $3.6M | Add +8.6% |
| MSTR Strategy Inc. filed as MICROSTRATEGY INC | 6.64% | 9,750 | $2.8M | Reduce -83.8% |
| BLK BlackRock Inc. | 5.31% | 2,204 | $2.3M | New |
| BRK.A Berkshire Hathaway Inc. Class A | 4.80% | 3 | $2.0M | No change |
| SE Sea Ltd.-ADR | 3.99% | 16,000 | $1.7M | Add +50.9% |
| AZO AutoZone Inc. | 3.49% | 464 | $1.5M | Reduce -30.0% |
| ELV Elevance Health Inc. | 2.56% | 2,953 | $1.1M | New |
| IBKR Interactive Brokers Gro Class A | 2.54% | 6,111 | $1.1M | Add +5.4% |
| AGI Alamos Gold Inc. Class A | 2.54% | 58,500 | $1.1M | No change |
| SAND Sandstorm Gold Ltd. | 1.97% | 150,000 | $837K | New |
| ARCO Arcos Dorados Holdings Inc. Class A | 1.93% | 112,516 | $819K | Add +50.0% |
| FBTC Fidelity Wise Origin Bitcoin | 1.92% | 10,000 | $816K | Reduce -84.6% |
| LEA Lear Corp. | 1.89% | 8,500 | $805K | Add +30.8% |
| SCHW Schwab (charles) Corp. | 1.87% | 10,724 | $794K | Add +3.7% |
| TSM Taiwan Semiconductor-SP ADR | 1.86% | 3,997 | $789K | New |
| MAG Mag Silver Corp. | 1.76% | 55,000 | $748K | Add +83.3% |
| KKR KKR & Co. Inc. | 1.67% | 4,815 | $712K | No change |
| PYPL PayPal Holdings Inc. | 1.32% | 6,562 | $560K | Reduce -6.0% |
| IBN Icici Bank Ltd.-Spon ADR | 1.26% | 18,000 | $537K | Add +63.6% |
| VINP Vinci Compass Investments LT filed as VINCI PARTNERS INVTS LTD | 1.18% | 50,000 | $504K | No change |
| CIM Chimera Investment Corp. | 1.15% | 35,000 | $490K | No change |
| PDD PDD Holdings Inc. | 1.14% | 5,000 | $485K | Reduce -85.5% |
| IWN iShares Russell 2000 Value E | 1.06% | 2,750 | $451K | Add +83.3% |
| AMZN Amazon.com Inc. | 1.05% | 2,040 | $448K | No change |
| JD Jd.com Inc.-ADR | 1.05% | 12,900 | $447K | Reduce -38.1% |
| NOAH Noah Holdings Ltd.-Spon ADS filed as NOAH HLDGS LTD | 0.96% | 34,900 | $409K | Reduce -32.4% |
| RBLX Roblox Corp. Class A | 0.93% | 6,850 | $396K | No change |
| EWZ iShares MSCI Brazil ETF | 0.93% | 17,500 | $394K | New |
| VIPS Vipshop Holdings Ltd. - ADR | 0.87% | 27,409 | $369K | No change |
| GDXJ Vaneck Junior Gold Miners | 0.84% | 8,318 | $356K | Add +66.4% |
| VAL Valaris Ltd. | 0.81% | 7,750 | $343K | No change |
| RTO Rentokil Initial PLC-SP ADR | 0.77% | 12,958 | $328K | Reduce -13.6% |
| BHC Bausch Health Cos Inc. | 0.71% | 37,506 | $302K | New |
| ASHR Xtrackers Harvest Csi 300 CH | 0.68% | 11,000 | $291K | New |
| SA Seabridge Gold Inc. | 0.67% | 25,000 | $285K | No change |
| EWW iShares MSCI Mexico ETF | 0.66% | 6,000 | $281K | New |
| PINS Pinterest Inc. Class A | 0.63% | 9,230 | $268K | No change |
| RERE Atrenew Inc. | 0.58% | 86,000 | $248K | New |
| LXU LSB Industries Inc. | 0.54% | 30,000 | $228K | Reduce -25.0% |
| UNH Unitedhealth Group Inc. | 0.51% | 425 | $215K | New |
| TRUP Trupanion Inc. | 0.50% | 4,437 | $214K | New |
| TOKE Cambria Cannabis ETF | 0.48% | 40,000 | $205K | New |
| VOXR Vox Royalty Corp. | 0.47% | 85,000 | $199K | No change |
| MLCO Melco Resorts & Entert-ADR | 0.41% | 30,000 | $174K | New |
| MSOS Advisorshares Pure US Cann | 0.40% | 45,000 | $171K | New |
| GROY Gold Royalty Corp. | 0.18% | 62,731 | $76K | New |
| MKTW Marketwise Inc. | 0.15% | 110,851 | $63K | New |
Portfolio Sells Q3 2024 → Q4 2024
| MSTR Strategy Inc. | Reduce -83.8% | 6.64% | −8.47 |
| PDD PDD Holdings Inc. | Reduce -85.5% | 1.14% | −5.81 |
| FBTC Fidelity Wise Origin Bitcoin | Reduce -84.6% | 1.92% | −3.47 |
| AMT American Tower Corp. | Sold out | 0.00% | −2.09 |
| AES AES Corp. | Sold out | 0.00% | −1.97 |
| FSLR First Solar Inc. | Sold out | 0.00% | −1.94 |
| EH Ehang Holdings Ltd.-SPS ADR | Sold out | 0.00% | −1.77 |
| NTES Netease Inc.-ADR | Sold out | 0.00% | −1.70 |
| NEM Newmont Corp. | Sold out | 0.00% | −1.50 |
| ACMR Acm Research Inc. Class A | Sold out | 0.00% | −1.35 |
| MU Micron Technology Inc. | Sold out | 0.00% | −1.28 |
| MSFT Microsoft Corp. | Sold out | 0.00% | −1.23 |
| GCT Gigacloud Technology Inc. Class A | Sold out | 0.00% | −1.21 |
| EXK Endeavour Silver Corp. | Sold out | 0.00% | −1.17 |
| JOYY Joyy Inc.-ADR | Sold out | 0.00% | −1.14 |
| TSLA Tesla Inc. | Sold out | 0.00% | −1.07 |
| IIPR Innovative Industrial Proper | Sold out | 0.00% | −1.03 |
| TOL Toll Brothers Inc. | Sold out | 0.00% | −0.98 |
| EQT Eqt Corp. | Sold out | 0.00% | −0.98 |
| CLIP Global X 1-3 Month T-Bill | Sold out | 0.00% | −0.98 |
| PHM Pultegroup Inc. | Sold out | 0.00% | −0.97 |
| SBSW Sibanye-Stillwater Ltd.-ADR | Sold out | 0.00% | −0.96 |
| SHY iShares 1-3 Year Treasury Bo | Sold out | 0.00% | −0.93 |
| GLD SPDR Gold Shares | Sold out | 0.00% | −0.91 |
| SILV Silvercrest Metals Inc. | Sold out | 0.00% | −0.84 |
| BRK.B Berkshire Hathaway Inc. Class B | Sold out | 0.00% | −0.83 |
| HDB HDFC Bank Ltd.-ADR | Sold out | 0.00% | −0.75 |
| SPGI S&P Global Inc. | Sold out | 0.00% | −0.73 |
| MSEX Middlesex Water Co. | Sold out | 0.00% | −0.71 |
| FUTU Futu Holdings Ltd.-ADR | Sold out | 0.00% | −0.47 |
| GLNG Golar LNG Ltd. | Sold out | 0.00% | −0.45 |
| UPWK Upwork Inc. | Sold out | 0.00% | −0.40 |
| DIS The Walt Disney Co. | Sold out | 0.00% | −0.36 |
| QFIN Qfin Holdings Inc.-ADR | Sold out | 0.00% | −0.34 |
| ETSY Etsy Inc. | Sold out | 0.00% | −0.33 |
| JD Jd.com Inc.-ADR | Reduce -38.1% | 1.05% | −0.19 |
| NOAH Noah Holdings Ltd.-Spon ADS | Reduce -32.4% | 0.96% | +0.01 |
| LXU LSB Industries Inc. | Reduce -25.0% | 0.54% | +0.06 |
| RTO Rentokil Initial PLC-SP ADR | Reduce -13.6% | 0.77% | +0.21 |
| AZO AutoZone Inc. | Reduce -30.0% | 3.49% | +0.37 |
| PYPL PayPal Holdings Inc. | Reduce -6.0% | 1.32% | +0.50 |
Portfolio Buys Q3 2024 → Q4 2024
| RIO Rio Tinto PLC-Spon ADR | Add +156.1% | 13.20% | +9.24 |
| BLK BlackRock Inc. | New | 5.31% | +5.31 |
| GOOGL Alphabet Inc. Class A | Add +8.6% | 8.57% | +4.20 |
| META Meta Platforms Inc. Class A | Add +7.6% | 8.60% | +3.64 |
| ELV Elevance Health Inc. | New | 2.56% | +2.56 |
| SE Sea Ltd.-ADR | Add +50.9% | 3.99% | +2.50 |
| SAND Sandstorm Gold Ltd. | New | 1.97% | +1.97 |
| TSM Taiwan Semiconductor-SP ADR | New | 1.86% | +1.86 |
| IBKR Interactive Brokers Gro Class A | Add +5.4% | 2.54% | +1.33 |
| MAG Mag Silver Corp. | Add +83.3% | 1.76% | +1.13 |
| ARCO Arcos Dorados Holdings Inc. Class A | Add +50.0% | 1.93% | +0.95 |
| EWZ iShares MSCI Brazil ETF | New | 0.93% | +0.93 |
| SCHW Schwab (charles) Corp. | Add +3.7% | 1.87% | +0.86 |
| LEA Lear Corp. | Add +30.8% | 1.89% | +0.83 |
| IBN Icici Bank Ltd.-Spon ADR | Add +63.6% | 1.26% | +0.77 |
| BHC Bausch Health Cos Inc. | New | 0.71% | +0.71 |
| IWN iShares Russell 2000 Value E | Add +83.3% | 1.06% | +0.69 |
| ASHR Xtrackers Harvest Csi 300 CH | New | 0.68% | +0.68 |
| EWW iShares MSCI Mexico ETF | New | 0.66% | +0.66 |
| RERE Atrenew Inc. | New | 0.58% | +0.58 |
| UNH Unitedhealth Group Inc. | New | 0.51% | +0.51 |
| TRUP Trupanion Inc. | New | 0.50% | +0.50 |
| TOKE Cambria Cannabis ETF | New | 0.48% | +0.48 |
| GDXJ Vaneck Junior Gold Miners | Add +66.4% | 0.84% | +0.47 |
| MLCO Melco Resorts & Entert-ADR | New | 0.41% | +0.41 |
| MSOS Advisorshares Pure US Cann | New | 0.40% | +0.40 |
| GROY Gold Royalty Corp. | New | 0.18% | +0.18 |
| MKTW Marketwise Inc. | New | 0.15% | +0.15 |
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 |