Freemont Management S.A.
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 7, 2025), Freemont Management S.A. reported 89 stock positions worth $607.2 million. Its top holding was Nvidia (NVDA) at 10.3% of the portfolio, followed by Arista Networks (ANET, 5.8%) and Atlassian Class A (TEAM, 3.5%). Compared with Q1 2025, it opened 16 new positions, sold out of 12, added to 67 and reduced 1. The biggest buy was Nvidia (NVDA, shares +164%) and the biggest sale an exit from Analog Devices.
- Most Recent 13F
- Q2 2026
- Location
- VAUD, V8
- CIK
- 0001609120
- Portfolio Value
- $607.2M (Q2 2025)
- SEC Filing
- 0001104659-25-074827 ↗ filed Aug 7, 2025
Holdings Value
Holdings 89 stocks · $607.2M
| NVDA Nvidia Corp. | 10.29% | 395,400 | $62.5M | Add +164.3% |
| ANET Arista Networks Inc. | 5.78% | 343,100 | $35.1M | Add +334.9% |
| TEAM Atlassian Corp. Class A | 3.52% | 105,300 | $21.4M | New |
| TSLA Tesla Inc. | 3.45% | 65,900 | $20.9M | Add +527.6% |
| AZO AutoZone Inc. | 3.18% | 5,200 | $19.3M | New |
| AXON Axon Enterprise Inc. | 2.82% | 20,700 | $17.1M | Add +31.0% |
| MSFT Microsoft Corp. | 2.81% | 34,300 | $17.1M | Add +30.4% |
| AVGO Broadcom Inc. | 2.74% | 60,400 | $16.6M | Add +150.6% |
| AAPL Apple Inc. | 2.49% | 73,600 | $15.1M | Add +30.5% |
| ELF Elf Beauty Inc. | 2.46% | 120,000 | $14.9M | Add +22.4% |
| ECL Ecolab Inc. | 2.32% | 52,300 | $14.1M | New |
| BRK.B Berkshire Hathaway Inc. Class B | 2.09% | 26,100 | $12.7M | New |
| HPE Hewlett Packard Enterprise | 2.09% | 619,500 | $12.7M | Add +577.0% |
| META Meta Platforms Inc. Class A | 2.07% | 17,000 | $12.5M | Add +30.8% |
| FICO Fair Isaac Corp. | 2.02% | 6,700 | $12.2M | Add +415.4% |
| CDNS Cadence Design SYS Inc. | 1.99% | 39,200 | $12.1M | Add +330.8% |
| ALAB Astera Labs Inc. | 1.78% | 119,500 | $10.8M | Add +30.6% |
| AMZN Amazon.com Inc. | 1.71% | 47,300 | $10.4M | Add +30.7% |
| VRT Vertiv Holdings Co. Class A | 1.68% | 79,400 | $10.2M | Add +30.6% |
| LHX L3HARRIS Technologies Inc. | 1.65% | 40,000 | $10.0M | New |
| STZ Constellation Brands Inc. Class A | 1.49% | 28,000 | $9.0M | Add +104.4% |
| MSI Motorola Solutions Inc. | 1.48% | 21,400 | $9.0M | Add +67.2% |
| VRTX Vertex Pharmaceuticals Inc. | 1.47% | 20,000 | $8.9M | Add +244.8% |
| KNF Knife River Corp. | 1.34% | 100,000 | $8.2M | New |
| TFC Truist Financial Corp. | 1.33% | 187,500 | $8.1M | Add +30.7% |
| COHR Coherent Corp. | 1.32% | 89,900 | $8.0M | Add +35.0% |
| RTX RTX Corp. | 1.32% | 54,700 | $8.0M | Add +30.6% |
| GOOGL Alphabet Inc. Class A | 1.24% | 42,700 | $7.5M | Add +30.6% |
| WMB Williams Cos Inc. | 1.23% | 119,100 | $7.5M | Add +30.6% |
| HWM Howmet Aerospace Inc. | 1.09% | 35,700 | $6.6M | Add +30.3% |
| GDXJ Vaneck Junior Gold Miners | 1.03% | 120,000 | $6.2M | Add +33.3% |
| NOW ServiceNow Inc. | 1.02% | 6,000 | $6.2M | Add +30.4% |
| GDX Vaneck Gold Miners ETF | 1.00% | 90,000 | $6.1M | Reduce -18.2% |
| TTWO Take-Two Interactive Softwre | 0.96% | 23,900 | $5.8M | Add +30.6% |
| HUBS HubSpot Inc. | 0.87% | 9,500 | $5.3M | Add +30.1% |
| LAZ Lazard Inc. | 0.81% | 102,800 | $4.9M | Add +30.6% |
| B Barrick Mining Corp. | 0.79% | 230,700 | $4.8M | Add +16.7% |
| ADI Analog Devices Inc. | 0.78% | 20,000 | $4.8M | New |
| LNG Cheniere Energy Inc. | 0.76% | 19,000 | $4.6M | Add +30.1% |
| TRGP Targa Resources Corp. | 0.76% | 26,400 | $4.6M | Add +30.7% |
| APH Amphenol Corp. Class A | 0.75% | 46,000 | $4.5M | New |
| FISV Fiserv Inc. | 0.74% | 26,100 | $4.5M | Add +645.7% |
| ABT Abbott Laboratories | 0.69% | 30,900 | $4.2M | Add +30.4% |
| MELI MercadoLibre Inc. | 0.69% | 1,600 | $4.2M | New |
| BA The Boeing Co. | 0.67% | 19,400 | $4.1M | New |
| TOST Toast Inc. Class A | 0.64% | 88,000 | $3.9M | New |
| FLS Flowserve Corp. | 0.62% | 71,500 | $3.7M | Add +30.5% |
| SYM Symbotic Inc. | 0.61% | 95,600 | $3.7M | Add +30.6% |
| VST Vistra Corp. | 0.57% | 17,900 | $3.5M | Add +30.7% |
| SPOT Spotify Technology SA | 0.57% | 4,500 | $3.5M | Add +32.4% |
| MASTEC INC | 0.55% | 19,600 | $3.3M | New |
| CW Curtiss-Wright Corp. | 0.54% | 6,700 | $3.3M | Add +31.4% |
| AVAV Aerovironment Inc. | 0.51% | 10,900 | $3.1M | Add +29.8% |
| FN Fabrinet | 0.49% | 10,200 | $3.0M | Add +30.8% |
| WFC Wells Fargo & Co. | 0.49% | 37,100 | $3.0M | Add +30.6% |
| RCL Royal Caribbean Cruises Ltd. | 0.45% | 8,700 | $2.7M | Add +29.9% |
| URA Global X Uranium ETF | 0.45% | 70,000 | $2.7M | No change |
| VIK Viking Holdings Ltd. | 0.44% | 50,000 | $2.7M | New |
| JPM JPMorgan Chase & Co. | 0.43% | 9,000 | $2.6M | Add +30.4% |
| BSX Boston Scientific Corp. | 0.42% | 23,900 | $2.6M | Add +30.6% |
| LYV Live Nation Entertainment Inc. | 0.42% | 16,700 | $2.5M | Add +30.5% |
| MET Metlife Inc. | 0.41% | 30,800 | $2.5M | Add +30.5% |
| GLNG Golar LNG Ltd. | 0.40% | 59,600 | $2.5M | Add +30.7% |
| PWR Quanta Services Inc. | 0.39% | 6,300 | $2.4M | Add +31.3% |
| FCNCA First Citizens Bcshs Class A | 0.39% | 1,200 | $2.3M | Add +33.3% |
| TT Trane Technologies PLC | 0.38% | 5,300 | $2.3M | Add +29.3% |
| WMT Walmart Inc. | 0.37% | 23,200 | $2.3M | Add +30.3% |
| BKR Baker Hughes Co. | 0.35% | 55,900 | $2.1M | Add +30.6% |
| TMUS T-Mobile US Inc. | 0.35% | 8,900 | $2.1M | Add +30.9% |
| FAST Fastenal Co. | 0.35% | 50,000 | $2.1M | New |
| AMBA Ambarella Inc. | 0.34% | 31,600 | $2.1M | Add +27.9% |
| BWXT BWX Technologies Inc. | 0.33% | 13,900 | $2.0M | Add +29.9% |
| AMD Advanced Micro Devices | 0.31% | 13,100 | $1.9M | Add +31.0% |
| PGR Progressive Corp. | 0.29% | 6,500 | $1.7M | Add +30.0% |
| NRG NRG Energy Inc. | 0.27% | 10,095 | $1.6M | New |
| ABBV Abbvie Inc. | 0.26% | 8,600 | $1.6M | Add +30.3% |
| WSO Watsco Inc. | 0.26% | 3,600 | $1.6M | Add +33.3% |
| ACA Arcosa Inc. | 0.25% | 17,600 | $1.5M | Add +30.4% |
| AA Alcoa Corp. | 0.24% | 50,000 | $1.5M | No change |
| FCX Freeport-McMoran Inc. | 0.21% | 30,000 | $1.3M | No change |
| REMX Vaneck Rar Earth ND STG-Usdi | 0.20% | 29,899 | $1.2M | No change |
| MRVL Marvell Technology Inc. | 0.18% | 14,400 | $1.1M | Add +30.9% |
| INTU Intuit Inc. | 0.17% | 1,300 | $1.0M | Add +30.0% |
| PAAS Pan American Silver Corp. | 0.17% | 35,600 | $1.0M | Add +30.9% |
| V Visa Inc. Class A | 0.14% | 2,400 | $852K | Add +33.3% |
| EQIX Equinix Inc. | 0.13% | 1,000 | $795K | Add +42.9% |
| ATI Ati Inc. | 0.05% | 3,400 | $294K | Add +30.8% |
| FTAI Ftai Aviation Ltd. | 0.03% | 1,700 | $196K | New |
| BLDP Ballard Power Systems Inc. | 0.01% | 30,000 | $48K | No change |
Options reported separately and not counted above: CHEVRON CORPORATION calls ($20.0M), SEMPRA calls ($16.7M), HESS CORP calls ($8.9M), MP MATERIALS CORP puts ($5.0M), BRUNSWICK CORP calls ($5.0M), IQVIA HLDGS INC calls ($4.7M).
Portfolio Sells Q1 2025 → Q2 2025
| ANALOG DEVICES INC | Sold out | 0.00% | −1.59 |
| JCI Johnson Controls Internation | Sold out | 0.00% | −1.44 |
| TER Teradyne Inc. | Sold out | 0.00% | −1.19 |
| CRM Salesforce Inc. | Sold out | 0.00% | −1.16 |
| GDX Vaneck Gold Miners ETF | Reduce -18.2% | 1.00% | −0.99 |
| TTD Trade Desk Inc./the Class A | Sold out | 0.00% | −0.98 |
| TMO Thermo Fisher Scientific Inc. | Sold out | 0.00% | −0.88 |
| PANW Palo Alto Networks Inc. | Sold out | 0.00% | −0.87 |
| S Sentinelone Inc. Class A | Sold out | 0.00% | −0.59 |
| CCC CCC Intelligent Solutions Ho | Sold out | 0.00% | −0.42 |
| BRBR Bellring Brands Inc. | Sold out | 0.00% | −0.41 |
| P Everpure Inc. Class A | Sold out | 0.00% | −0.37 |
| AVTR Avantor Inc. | Sold out | 0.00% | −0.24 |
Portfolio Buys Q1 2025 → Q2 2025
| NVDA Nvidia Corp. | Add +164.3% | 10.29% | +3.92 |
| TEAM Atlassian Corp. Class A | New | 3.52% | +3.52 |
| ANET Arista Networks Inc. | Add +334.9% | 5.78% | +3.38 |
| AZO AutoZone Inc. | New | 3.18% | +3.18 |
| TSLA Tesla Inc. | Add +527.6% | 3.45% | +2.38 |
| ECL Ecolab Inc. | New | 2.32% | +2.32 |
| BRK.B Berkshire Hathaway Inc. Class B | New | 2.09% | +2.09 |
| LHX L3HARRIS Technologies Inc. | New | 1.65% | +1.65 |
| HPE Hewlett Packard Enterprise | Add +577.0% | 2.09% | +1.53 |
| KNF Knife River Corp. | New | 1.34% | +1.34 |
| AVGO Broadcom Inc. | Add +150.6% | 2.74% | +1.16 |
| CDNS Cadence Design SYS Inc. | Add +330.8% | 1.99% | +1.08 |
| FICO Fair Isaac Corp. | Add +415.4% | 2.02% | +1.07 |
| ADI Analog Devices Inc. | New | 0.78% | +0.78 |
| APH Amphenol Corp. Class A | New | 0.75% | +0.75 |
| MELI MercadoLibre Inc. | New | 0.69% | +0.69 |
| BA The Boeing Co. | New | 0.67% | +0.67 |
| TOST Toast Inc. Class A | New | 0.64% | +0.64 |
| MASTEC INC | New | 0.55% | +0.55 |
| VIK Viking Holdings Ltd. | New | 0.44% | +0.44 |
| FISV Fiserv Inc. | Add +645.7% | 0.74% | +0.44 |
| STZ Constellation Brands Inc. Class A | Add +104.4% | 1.49% | +0.40 |
| VRTX Vertex Pharmaceuticals Inc. | Add +244.8% | 1.47% | +0.36 |
| FAST Fastenal Co. | New | 0.35% | +0.35 |
| NRG NRG Energy Inc. | New | 0.27% | +0.27 |
| AVAV Aerovironment Inc. | Add +29.8% | 0.51% | +0.12 |
| ELF Elf Beauty Inc. | Add +22.4% | 2.46% | +0.04 |
| FTAI Ftai Aviation Ltd. | New | 0.03% | +0.03 |
| SYM Symbotic Inc. | Add +30.6% | 0.61% | +0.03 |
| ATI Ati Inc. | Add +30.8% | 0.05% | −0.00 |
| VRT Vertiv Holdings Co. Class A | Add +30.6% | 1.68% | −0.05 |
| VST Vistra Corp. | Add +30.7% | 0.57% | −0.06 |
| INTU Intuit Inc. | Add +30.0% | 0.17% | −0.07 |
| MRVL Marvell Technology Inc. | Add +30.9% | 0.18% | −0.08 |
| BWXT BWX Technologies Inc. | Add +29.9% | 0.33% | −0.09 |
| PWR Quanta Services Inc. | Add +31.3% | 0.39% | −0.09 |
| RCL Royal Caribbean Cruises Ltd. | Add +29.9% | 0.45% | −0.09 |
| EQIX Equinix Inc. | Add +42.9% | 0.13% | −0.09 |
| CW Curtiss-Wright Corp. | Add +31.4% | 0.54% | −0.10 |
| AMD Advanced Micro Devices | Add +31.0% | 0.31% | −0.10 |
| V Visa Inc. Class A | Add +33.3% | 0.14% | −0.11 |
| PAAS Pan American Silver Corp. | Add +30.9% | 0.17% | −0.11 |
| FN Fabrinet | Add +30.8% | 0.49% | −0.11 |
| AMBA Ambarella Inc. | Add +27.9% | 0.34% | −0.14 |
| ACA Arcosa Inc. | Add +30.4% | 0.25% | −0.16 |
| TT Trane Technologies PLC | Add +29.3% | 0.38% | −0.16 |
| SPOT Spotify Technology SA | Add +32.4% | 0.57% | −0.17 |
| JPM JPMorgan Chase & Co. | Add +30.4% | 0.43% | −0.24 |
| WMT Walmart Inc. | Add +30.3% | 0.37% | −0.24 |
| LYV Live Nation Entertainment Inc. | Add +30.5% | 0.42% | −0.24 |
Options Activity Q1 2025 → Q2 2025
| CHEVRON CORPORATION | call | New | 140,000 | $20.0M |
| HESS CORP | call | New | 64,000 | $8.9M |
| AERCAP HOLDINGS NV | call | Sold out | 80,000 | $8.2Mbefore exit |
| ARISTA NETWORKS INC | call | Sold out | 100,000 | $7.7Mbefore exit |
| MP MATERIALS CORP | put | New | 150,000 | $5.0M |
| BRUNSWICK CORP | call | New | 90,000 | $5.0M |
| IQVIA HLDGS INC | call | New | 30,000 | $4.7M |
| AUTODESK INC | call | Sold out | 16,000 | $4.2Mbefore exit |
| BROADCOM INC | call | Sold out | 22,200 | $3.7Mbefore exit |
| E L F BEAUTY INC | call | Sold out | 57,000 | $3.6Mbefore exit |
| DEXCOM INC | call | Sold out | 45,700 | $3.1Mbefore exit |
| MONGODB INC | call | Sold out | 10,000 | $1.8Mbefore exit |
| MASTEC INC | call | Sold out | 15,000 | $1.8Mbefore exit |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 11 | $19.5M | URA, GDXJ, REMX, GDX, FCX |
| Q1 2026 | 119 | $535.3M | NVDA, ANET, GOOGL, AVGO, IQV |
| Q4 2025 | 109 | $507.5M | NVDA, ANET, GOOGL, TER, ALAB |
| Q3 2025 | 92 | $128.2M | NVDA, GDX, GDXJ, ANET, ADSK |
| Q2 2025 | 89 | $607.2M | NVDA, ANET, TEAM, TSLA, AZO |
| Q1 2025 | 85 | $254.4M | NVDA, AAPL, MSFT, AXON, META |
| Q4 2024 | 73 | $203.7M | NVDA, AAPL, RACE, META, MSFT |
| Q3 2024 | 75 | $191.4M | RACE, NVDA, AAPL, META, MSFT |
| Q2 2024 | 75 | $173.0M | AAPL, NVDA, RACE, MSFT, ANET |
| Q1 2024 | 72 | $648.0M | MSFT, ANET, GOOGL, NVDA, META |