Freemont Management S.A.

In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 6, 2024), Freemont Management S.A. reported 75 stock positions worth $191.4 million. Its top holding was Ferrari (RACE) at 7.4% of the portfolio, followed by Nvidia (NVDA, 7.1%) and Apple (AAPL, 6.7%). Compared with Q2 2024, it opened 12 new positions, sold out of 12, added to 11 and reduced 2. The biggest buy was a new position in Meta Platforms Class A (META) and the biggest sale Apple (AAPL, shares −57%).

Most Recent 13F
Q2 2026
Location
VAUD, V8
CIK
0001609120
Portfolio Value
$191.4M (Q3 2024)
SEC Filing
0001104659-24-114417 ↗ filed Nov 6, 2024

Holdings Value

0$200.0M$400.0M$600.0M$800.0M Q1 2024: $648.0M Q1 2024 Q2 2024: $173.0M Q2 2024 Q3 2024: $191.4M $191.4M Q3 2024 Q4 2024: $203.7M Q4 2024 Q1 2025: $254.4M Q1 2025 Q2 2025: $607.2M Q2 2025 Q3 2025: $128.2M Q3 2025 Q4 2025: $507.5M Q4 2025 Q1 2026: $535.3M Q1 2026 Q2 2026: $19.5M Q2 2026

Holdings 75 stocks · $191.4M
RACE Ferrari NV 7.37% 30,000 $14.1M No change
NVDA Nvidia Corp. 7.07% 111,500 $13.5M Add +4.2%
AAPL Apple Inc. 6.70% 55,000 $12.8M Reduce -57.0%
META Meta Platforms Inc. Class A 4.28% 14,300 $8.2M New
MSFT Microsoft Corp. 4.00% 17,800 $7.7M No change
MSI Motorola Solutions Inc. 3.29% 14,000 $6.3M Add +180.0%
GOOGL Alphabet Inc. Class A 3.11% 35,900 $6.0M No change
GDX Vaneck Gold Miners ETF 2.91% 140,000 $5.6M Add +16.7%
RTX RTX Corp. 2.91% 46,000 $5.6M No change
AMZN Amazon.com Inc. 2.57% 26,400 $4.9M No change
VRT Vertiv Holdings Co. Class A 2.20% 42,400 $4.2M Add +100.0%
B Barrick Gold Corp. 2.16% 208,100 $4.1M No change
STZ Constellation Brands Inc. Class A 2.04% 15,000 $3.9M Add +66.7%
TRGP Targa Resources Corp. 1.72% 22,200 $3.3M Add +335.3%
FLS Flowserve Corp. 1.62% 60,100 $3.1M Add +16.5%
AVGO Broadcom Inc. 1.62% 18,000 $3.1M No change
VRTX Vertex Pharmaceuticals Inc. 1.55% 6,400 $3.0M No change
GDXJ Vaneck Junior Gold Miners 1.53% 60,000 $2.9M New
LNG Cheniere Energy Inc. 1.50% 16,000 $2.9M No change
ANET Arista Networks Inc. 1.44% 7,200 $2.8M Reduce -66.0%
MPC Marathon Petroleum Corp. 1.44% 16,900 $2.8M No change
TFC Truist Financial Corp. 1.30% 58,400 $2.5M New
IR Ingersoll-Rand Inc. 1.29% 25,100 $2.5M No change
PANW Palo Alto Networks Inc. 1.27% 7,100 $2.4M No change
URA Global X Uranium ETF 1.05% 70,000 $2.0M No change
ALC Alcon Inc. filed as ALCON AG 1.05% 20,000 $2.0M New
AA Alcoa Corp. 1.01% 50,000 $1.9M No change
AVAV Aerovironment Inc. 0.96% 9,200 $1.8M New
FCNCA First Citizens Bcshs Class A 0.96% 1,000 $1.8M New
CW Curtiss-Wright Corp. 0.96% 5,600 $1.8M Add +154.6%
GLNG Golar LNG Ltd. 0.96% 50,000 $1.8M No change
AMD Advanced Micro Devices 0.94% 11,000 $1.8M No change
WFC Wells Fargo & Co. 0.92% 31,200 $1.8M No change
TT Trane Technologies PLC 0.91% 4,500 $1.7M New
BKR Baker Hughes Co. 0.89% 47,000 $1.7M No change
TSLA Tesla Inc. 0.86% 6,300 $1.6M No change
JPM JPMorgan Chase & Co. 0.84% 7,600 $1.6M No change
OC Owens Corning 0.83% 9,000 $1.6M New
PWR Quanta Services Inc. 0.83% 5,300 $1.6M No change
WMT Walmart Inc. 0.82% 19,500 $1.6M No change
ILMN Illumina Inc. 0.82% 12,000 $1.6M New
TMUS T-Mobile US Inc. 0.81% 7,500 $1.5M No change
DHI D.R. Horton Inc. 0.80% 8,000 $1.5M New
AER Aercap Holdings NV 0.78% 15,800 $1.5M New
WSO Watsco Inc. 0.77% 3,000 $1.5M New
ABBV Abbvie Inc. 0.74% 7,200 $1.4M No change
CCC CCC Intelligent Solutions Ho 0.74% 128,300 $1.4M No change
ACA Arcosa Inc. 0.73% 14,800 $1.4M No change
PGR Progressive Corp. 0.73% 5,500 $1.4M No change
REMX Vaneck Rar Earth ND STG-Usdi 0.72% 29,899 $1.4M No change
FICO Fair Isaac Corp. 0.71% 700 $1.4M No change
CDNS Cadence Design SYS Inc. 0.68% 4,800 $1.3M No change
BWXT BWX Technologies Inc. 0.67% 11,800 $1.3M No change
P Everpure Inc. Class A filed as PURE STORAGE INC 0.62% 23,500 $1.2M No change
GE General Electric filed as GE AEROSPACE 0.60% 6,100 $1.2M Add +37.8%
ABT Abbott Laboratories 0.60% 10,000 $1.1M Add +46.6%
MET Metlife Inc. 0.56% 12,900 $1.1M No change
AVTR Avantor Inc. 0.55% 40,800 $1.1M No change
FCX Freeport-McMoran Inc. 0.52% 20,000 $998K No change
TMO Thermo Fisher Scientific Inc. 0.52% 1,600 $990K No change
BRBR Bellring Brands Inc. 0.49% 15,400 $935K No change
MRK Merck & Co. Inc. 0.48% 8,100 $920K No change
MRVL Marvell Technology Inc. 0.46% 12,100 $873K No change
EL Estee Lauder Companies Class A filed as LAUDER ESTEE COS INC 0.44% 8,400 $837K No change
ELF Elf Beauty Inc. 0.40% 7,100 $774K No change
NOW ServiceNow Inc. 0.37% 800 $716K No change
EQIX Equinix Inc. 0.37% 800 $710K No change
FISV Fiserv Inc. 0.37% 3,900 $701K No change
INTU Intuit Inc. 0.36% 1,100 $683K No change
PAAS Pan American Silver Corp. 0.33% 29,900 $624K No change
V Visa Inc. Class A 0.29% 2,000 $550K Add +9.9%
ALTM Arcadium Lithium PLC 0.11% 72,180 $206K No change
ATI Ati Inc. 0.10% 2,900 $194K No change
PLUG Plug Power Inc. 0.06% 50,000 $113K No change
BLDP Ballard Power Systems Inc. 0.03% 30,000 $54K No change

Options reported separately and not counted above: WILLIAMS COS INC calls ($4.6M), E L F BEAUTY INC calls ($4.4M), LAUDER ESTEE COS INC calls ($4.0M).

Other holdings (1): bonds, preferreds, convertibles and warrants · $37K (not counted above)
SecurityClassShares / PrincipalValueChange
OXY.WS Occidental Petroleum-CW27 *W EXP 08/03/202 1,249$37KNo change

Total filed on the 13F, all lines: $191.4M.

Portfolio Sells Q2 2024 → Q3 2024
AAPL Apple Inc. Reduce -57.0% 6.70% −8.89
ANET Arista Networks Inc. Reduce -66.0% 1.44% −2.85
DLTR Dollar Tree Inc. Sold out 0.00% −1.36
ROK Rockwell Automation Inc. Sold out 0.00% −0.81
CVX Chevron Corp. Sold out 0.00% −0.75
ADSK Autodesk Inc. Sold out 0.00% −0.69
ADM Archer-Daniels-Midland Co. Sold out 0.00% −0.59
MCK McKesson Corp. Sold out 0.00% −0.54
BG Bunge Global SA Sold out 0.00% −0.52
CTRA Coterra Energy Inc. Sold out 0.00% −0.49
BMRN Biomarin Pharmaceutical Inc. Sold out 0.00% −0.41
XOM Exxon Mobil Corp. Sold out 0.00% −0.39
NIO Nio Inc. - ADR Sold out 0.00% −0.19
NVT Nvent Electric PLC Sold out 0.00% −0.10

Portfolio Buys Q2 2024 → Q3 2024
META Meta Platforms Inc. Class A New 4.28% +4.28
MSI Motorola Solutions Inc. Add +180.0% 3.29% +2.17
GDXJ Vaneck Junior Gold Miners New 1.53% +1.53
TRGP Targa Resources Corp. Add +335.3% 1.72% +1.34
TFC Truist Financial Corp. New 1.30% +1.30
VRT Vertiv Holdings Co. Class A Add +100.0% 2.20% +1.14
ALC Alcon Inc. New 1.05% +1.05
AVAV Aerovironment Inc. New 0.96% +0.96
FCNCA First Citizens Bcshs Class A New 0.96% +0.96
TT Trane Technologies PLC New 0.91% +0.91
OC Owens Corning New 0.83% +0.83
ILMN Illumina Inc. New 0.82% +0.82
DHI D.R. Horton Inc. New 0.80% +0.80
AER Aercap Holdings NV New 0.78% +0.78
WSO Watsco Inc. New 0.77% +0.77
STZ Constellation Brands Inc. Class A Add +66.7% 2.04% +0.70
CW Curtiss-Wright Corp. Add +154.6% 0.96% +0.62
GDX Vaneck Gold Miners ETF Add +16.7% 2.91% +0.56
GE General Electric Add +37.8% 0.60% +0.19
FLS Flowserve Corp. Add +16.5% 1.62% +0.19
ABT Abbott Laboratories Add +46.6% 0.60% +0.19
V Visa Inc. Class A Add +9.9% 0.29% +0.01
NVDA Nvidia Corp. Add +4.2% 7.07% −0.57

Options Activity Q2 2024 → Q3 2024
ARISTA NETWORKS INC call Sold out 50,000 $17.5Mbefore exit
ETSY INC call Sold out 240,000 $14.2Mbefore exit
META Meta Platforms Inc. Class A call Sold out 14,300 $7.2Mbefore exit
WILLIAMS COS INC call New 100,000 $4.6M
E L F BEAUTY INC call New 40,000 $4.4M
LAUDER ESTEE COS INC call New 40,000 $4.0M

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 11$19.5MURA, GDXJ, REMX, GDX, FCX
Q1 2026 119$535.3MNVDA, ANET, GOOGL, AVGO, IQV
Q4 2025 109$507.5MNVDA, ANET, GOOGL, TER, ALAB
Q3 2025 92$128.2MNVDA, GDX, GDXJ, ANET, ADSK
Q2 2025 89$607.2MNVDA, ANET, TEAM, TSLA, AZO
Q1 2025 85$254.4MNVDA, AAPL, MSFT, AXON, META
Q4 2024 73$203.7MNVDA, AAPL, RACE, META, MSFT
Q3 2024 75$191.4MRACE, NVDA, AAPL, META, MSFT
Q2 2024 75$173.0MAAPL, NVDA, RACE, MSFT, ANET
Q1 2024 72$648.0MMSFT, ANET, GOOGL, NVDA, META