Mirabella Financial Services LLP
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 13, 2025), Mirabella Financial Services LLP reported 202 stock positions worth $929.3 million. Its top holding was ADS-Tec Energy (ADSE) at 24.5% of the portfolio, followed by Carvana (CVNA, 3.4%) and Kingsway (KWY, 3.2%). Compared with Q1 2025, it opened 50 new positions, sold out of 75, added to 26 and reduced 114. The biggest buy was ADS-Tec Energy (ADSE, shares +7%) and the biggest sale Microsoft (MSFT, shares −90%).
- Most Recent 13F
- Q2 2026
- Location
- London, X0
- CIK
- 0001538853
- Portfolio Value
- $929.3M (Q2 2025)
- SEC Filing
- 0001172661-25-003175 ↗ filed Aug 13, 2025
Holdings Value
Holdings 202 stocks · $929.3M
| ADSE ADS-Tec Energy PLC | 24.46% | 16,480,469 | $227.4M | Add +7.0% |
| CVNA Carvana Co. | 3.44% | 95,000 | $32.0M | Reduce -24.0% |
| KWY Kingsway Corp. | 3.19% | 1,934,586 | $29.7M | Add +10.4% |
| EG Everest Group Ltd. | 2.84% | 77,613 | $26.4M | Add +378.2% |
| SKIN Skinhealth Systems Inc. filed as THE BEAUTY HEALTH COMPANY | 2.64% | 12,861,549 | $24.6M | Add +5.0% |
| BUSE First Busey Corp. | 2.16% | 878,874 | $20.1M | New |
| KMPR Kemper Corp. | 2.12% | 304,747 | $19.7M | Add +54.1% |
| GOLDEN OCEAN GROUP LTD | 2.04% | 2,565,720 | $19.0M | Add +2.6% |
| MSFT Microsoft Corp. | 1.95% | 36,295 | $18.1M | Reduce -89.8% |
| PPBI Pacific Premier Bancorp Inc. | 1.92% | 845,286 | $17.8M | Add +244.1% |
| AXS Axis Capital Holdings Ltd. | 1.84% | 165,105 | $17.1M | Add +28.9% |
| AUB Atlantic Union Bankshares Co. | 1.79% | 531,475 | $16.6M | New |
| MXCT Maxcyte Inc. | 1.55% | 6,600,000 | $14.4M | Add +78.4% |
| NVDA Nvidia Corp. | 1.49% | 87,023 | $13.8M | Reduce -88.8% |
| TMUS T-Mobile US Inc. | 1.39% | 54,173 | $12.9M | Add +56.0% |
| META Meta Platforms Inc. Class A | 1.35% | 17,018 | $12.6M | Reduce -71.5% |
| AMZN Amazon.com Inc. | 1.35% | 56,899 | $12.5M | Reduce -88.7% |
| FRO Frontline PLC | 1.28% | 725,000 | $11.9M | No change |
| BANC Banc of California Inc. | 1.28% | 845,536 | $11.9M | Add +0.6% |
| HON Honeywell International Inc. | 1.12% | 44,692 | $10.4M | New |
| AA Alcoa Corp. | 1.03% | 325,000 | $9.6M | Add +62.5% |
| KSPI JSC Kaspi.kz ADR filed as KASPI KZ JSC | 1.03% | 112,701 | $9.6M | Reduce -16.3% |
| MRVI Maravai Lifesciences Hldgs-A | 0.97% | 3,750,000 | $9.0M | Add +0.3% |
| AAPL Apple Inc. | 0.93% | 42,097 | $8.7M | Reduce -89.7% |
| GOOGL Alphabet Inc. Class A | 0.88% | 46,359 | $8.2M | Reduce -89.3% |
| NFLX Netflix Inc. | 0.85% | 5,872 | $7.9M | Reduce -19.0% |
| CAT Caterpillar Inc. | 0.81% | 19,475 | $7.6M | New |
| JCI Johnson Controls Internation | 0.78% | 68,332 | $7.2M | New |
| HUBB Hubbell Inc. | 0.72% | 16,473 | $6.7M | Add +663.7% |
| AMAT Applied Materials Inc. | 0.68% | 34,546 | $6.3M | Add +42.9% |
| MMM 3M Co. | 0.67% | 40,905 | $6.2M | New |
| WAB Wabtec Corp. | 0.64% | 28,477 | $6.0M | New |
| DKNG Draftkings Inc. Class A | 0.62% | 134,273 | $5.8M | New |
| LQDA Liquidia Corp. | 0.60% | 451,232 | $5.6M | Reduce -9.8% |
| NOW ServiceNow Inc. | 0.58% | 5,201 | $5.4M | Reduce -80.9% |
| PH Parker Hannifin Corp. | 0.57% | 7,644 | $5.3M | Add +215.2% |
| BLND Blend Labs Inc. Class A | 0.57% | 1,607,000 | $5.3M | No change |
| VMC Vulcan Materials Co. | 0.57% | 20,199 | $5.3M | New |
| AVGO Broadcom Inc. | 0.55% | 18,479 | $5.1M | Reduce -85.6% |
| JPM JPMorgan Chase & Co. | 0.55% | 17,402 | $5.1M | Reduce -71.4% |
| FFWM First Foundation Inc. | 0.50% | 903,630 | $4.6M | Add +51.2% |
| TDG Transdigm Group Inc. | 0.48% | 2,916 | $4.4M | New |
| INSW International Seaways Inc. | 0.47% | 120,000 | $4.4M | Reduce -25.0% |
| SE Sea Ltd.-ADR | 0.45% | 26,201 | $4.2M | Reduce -47.0% |
| LAB Standard Biotools Inc. | 0.44% | 3,434,387 | $4.1M | Add +5.0% |
| V Visa Inc. Class A | 0.41% | 10,579 | $3.8M | Reduce -94.1% |
| UBS UBS Group AG-Reg | 0.40% | 109,430 | $3.7M | New |
| ACN Accenture PLC Class A | 0.40% | 12,345 | $3.7M | Reduce -29.2% |
| LPG Dorian LPG Ltd. | 0.38% | 145,000 | $3.5M | Add +7.4% |
| CRM Salesforce Inc. | 0.36% | 12,126 | $3.3M | Add +3.2% |
| DLTR Dollar Tree Inc. | 0.34% | 31,540 | $3.1M | New |
| PM Philip Morris International | 0.33% | 16,763 | $3.1M | New |
| DE Deere & Co. | 0.32% | 5,922 | $3.0M | New |
| DASH DoorDash Inc. Class A | 0.30% | 11,391 | $2.8M | New |
| CCK Crown Holdings Inc. | 0.30% | 26,644 | $2.7M | New |
| BRK.B Berkshire Hathaway Inc. Class B | 0.29% | 5,548 | $2.7M | Reduce -75.8% |
| AVT Avnet Inc. | 0.28% | 48,700 | $2.6M | New |
| ADSK Autodesk Inc. | 0.28% | 8,295 | $2.6M | No change |
| BKNG Booking Holdings Inc. | 0.27% | 436 | $2.5M | Reduce -95.5% |
| ORCL Oracle Corp. | 0.26% | 11,054 | $2.4M | No change |
| ABBV Abbvie Inc. | 0.26% | 12,919 | $2.4M | Reduce -69.5% |
| BWXT BWX Technologies Inc. | 0.25% | 16,393 | $2.4M | New |
| HCA HCA Healthcare Inc. | 0.25% | 5,991 | $2.3M | Reduce -95.6% |
| STLD Steel Dynamics Inc. | 0.24% | 17,710 | $2.3M | Reduce -96.8% |
| ROK Rockwell Automation Inc. | 0.23% | 6,561 | $2.2M | New |
| CTVA Corteva Inc. | 0.23% | 28,863 | $2.2M | New |
| ECL Ecolab Inc. | 0.23% | 7,977 | $2.1M | New |
| EU Encore Energy Corp. | 0.23% | 750,000 | $2.1M | No change |
| PINS Pinterest Inc. Class A | 0.23% | 59,034 | $2.1M | New |
| GOOG Alphabet Inc. Class C | 0.23% | 11,800 | $2.1M | Reduce -89.3% |
| PGR Progressive Corp. | 0.22% | 7,691 | $2.1M | Reduce -94.9% |
| UNH Unitedhealth Group Inc. | 0.22% | 6,572 | $2.1M | Reduce -94.0% |
| HRL Hormel Foods Corp. | 0.22% | 68,011 | $2.1M | New |
| KO The Coca-Cola Co. | 0.22% | 28,688 | $2.0M | New |
| FOXA Fox Corp. Class A | 0.22% | 35,751 | $2.0M | New |
| MCHP Microchip Technology Inc. | 0.21% | 28,300 | $2.0M | New |
| LLY Eli Lilly & Co. | 0.21% | 2,528 | $2.0M | Reduce -76.7% |
| BTI British American Tob-SP ADR | 0.21% | 41,420 | $2.0M | New |
| TSN Tyson Foods Inc. Class A | 0.20% | 33,896 | $1.9M | Reduce -95.9% |
| CDLX Cardlytics Inc. | 0.20% | 1,155,000 | $1.9M | No change |
| DG Dollar General Corp. | 0.20% | 16,480 | $1.9M | Reduce -96.0% |
| SYK Stryker Corp. | 0.20% | 4,567 | $1.8M | Reduce -66.4% |
| PTC PTC Inc. | 0.19% | 10,343 | $1.8M | No change |
| TSM Taiwan Semiconductor-SP ADR | 0.19% | 7,791 | $1.8M | Reduce -96.7% |
| KNSL Kinsale Capital Group Inc. | 0.19% | 3,639 | $1.8M | Reduce -96.0% |
| LVS Las Vegas Sands Corp. | 0.18% | 39,375 | $1.7M | New |
| PEP Pepsico Inc. | 0.18% | 12,912 | $1.7M | Reduce -74.5% |
| WDAY Workday Inc. Class A | 0.18% | 6,896 | $1.7M | Add +40.9% |
| THO Thor Industries Inc. | 0.18% | 18,375 | $1.6M | Reduce -95.2% |
| CELH Celsius Holdings Inc. | 0.17% | 34,996 | $1.6M | New |
| MMYT Makemytrip Ltd. | 0.17% | 16,500 | $1.6M | New |
| QRVO Qorvo Inc. | 0.17% | 18,362 | $1.6M | New |
| INTU Intuit Inc. | 0.17% | 1,967 | $1.5M | Reduce -46.4% |
| EPAM Epam Systems Inc. | 0.16% | 8,628 | $1.5M | Reduce -16.5% |
| FORM Formfactor Inc. | 0.16% | 44,300 | $1.5M | New |
| BLK BlackRock Inc. | 0.16% | 1,444 | $1.5M | Reduce -68.6% |
| TXRH Texas Roadhouse Inc. | 0.16% | 8,101 | $1.5M | New |
| DOX Amdocs Ltd. | 0.16% | 16,540 | $1.5M | Add +131.3% |
| CME Cme Group Inc. | 0.16% | 5,398 | $1.5M | Reduce -89.3% |
| BUD Anheuser-Busch Inbev-SPN ADR | 0.16% | 21,676 | $1.5M | New |
Options reported separately and not counted above: SPY puts ($16.1M), KRE puts ($5.4M).
Other holdings (2): bonds, preferreds, convertibles and warrants · $23.5M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| TXNM ENERGY INC (TXNM 5.75 06/01/54) | NOTE 5.750% 6/0 · principal | 17,000,000 | $22.1M | New |
| ADSEW ADS-Tec Energy PLC-WRNT | *W EXP 99/99/999 | 128,864 | $1.4M | Add +756.9% |
Total filed on the 13F, all lines: $952.8M.
Portfolio Sells Q1 2025 → Q2 2025
| MSFT Microsoft Corp. | Reduce -89.8% | 1.95% | −3.71 |
| AAPL Apple Inc. | Reduce -89.7% | 0.93% | −2.93 |
| STLD Steel Dynamics Inc. | Reduce -96.8% | 0.24% | −2.74 |
| AMZN Amazon.com Inc. | Reduce -88.7% | 1.35% | −2.74 |
| V Visa Inc. Class A | Reduce -94.1% | 0.41% | −2.25 |
| UNH Unitedhealth Group Inc. | Reduce -94.0% | 0.22% | −2.23 |
| NVDA Nvidia Corp. | Reduce -88.8% | 1.49% | −2.11 |
| TSN Tyson Foods Inc. Class A | Reduce -95.9% | 0.20% | −2.05 |
| APO Apollo Global Management Inc. | Sold out | 0.00% | −2.03 |
| GOOGL Alphabet Inc. Class A | Reduce -89.3% | 0.88% | −1.97 |
| DAL Delta Air Lines Inc. | Reduce -98.1% | 0.10% | −1.78 |
| HCA HCA Healthcare Inc. | Reduce -95.6% | 0.25% | −1.76 |
| KNSL Kinsale Capital Group Inc. | Reduce -96.0% | 0.19% | −1.71 |
| BKNG Booking Holdings Inc. | Reduce -95.5% | 0.27% | −1.64 |
| PGR Progressive Corp. | Reduce -94.9% | 0.22% | −1.58 |
| GM General Motors Co. | Reduce -99.0% | 0.04% | −1.50 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -96.7% | 0.19% | −1.45 |
| RYAN Ryan Specialty Holdings Inc. | Sold out | 0.00% | −1.33 |
| DG Dollar General Corp. | Reduce -96.0% | 0.20% | −1.33 |
| NVR NVR Inc. | Sold out | 0.00% | −1.08 |
| ODFL Old Dominion Freight Line | Reduce -98.2% | 0.05% | −1.07 |
| THO Thor Industries Inc. | Reduce -95.2% | 0.18% | −1.07 |
| VRTX Vertex Pharmaceuticals Inc. | Reduce -96.0% | 0.11% | −1.06 |
| SAIA Saia Inc. | Reduce -97.5% | 0.05% | −1.03 |
| MELI MercadoLibre Inc. | Reduce -96.3% | 0.14% | −1.01 |
| ANET Arista Networks Inc. | Reduce -94.9% | 0.11% | −0.53 |
| KB KB Financial Group Inc.-ADR | Reduce -97.1% | 0.07% | −0.52 |
| GOOG Alphabet Inc. Class C | Reduce -89.3% | 0.23% | −0.50 |
| SLVM Sylvamo Corp. | Reduce -89.9% | 0.11% | −0.46 |
| PANW Palo Alto Networks Inc. | Reduce -94.2% | 0.10% | −0.46 |
| BRO Brown & Brown Inc. | Reduce -90.8% | 0.12% | −0.44 |
| CME Cme Group Inc. | Reduce -89.3% | 0.16% | −0.41 |
| PLTR Palantir Technologies Inc. Class A | Reduce -93.7% | 0.14% | −0.40 |
| EXP Eagle Materials Inc. | Sold out | 0.00% | −0.38 |
| AVGO Broadcom Inc. | Reduce -85.6% | 0.55% | −0.36 |
| NOW ServiceNow Inc. | Reduce -80.9% | 0.58% | −0.35 |
| XPEL Xpel Inc. | Sold out | 0.00% | −0.31 |
| GPGI Gpgi Inc. | Sold out | 0.00% | −0.24 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -75.8% | 0.29% | −0.23 |
| ASX Ase Technology Holding -ADR | Sold out | 0.00% | −0.21 |
| VALE Vale SA-SP ADR | Sold out | 0.00% | −0.21 |
| T AT&T Inc. | Sold out | 0.00% | −0.20 |
| KOF Coca-Cola Femsa Sab-SP ADR | Sold out | 0.00% | −0.20 |
| LAD Lithia Motors Inc. | Reduce -90.6% | 0.07% | −0.19 |
| IFS Intercorp Financial Services | Sold out | 0.00% | −0.19 |
| CDNS Cadence Design SYS Inc. | Sold out | 0.00% | −0.18 |
| DHT DHT Holdings Inc. | Sold out | 0.00% | −0.18 |
| LLY Eli Lilly & Co. | Reduce -76.7% | 0.21% | −0.17 |
| SNPS Synopsys Inc. | Reduce -85.1% | 0.14% | −0.16 |
| PSMT Pricesmart Inc. | Sold out | 0.00% | −0.16 |
Portfolio Buys Q1 2025 → Q2 2025
| ADSE ADS-Tec Energy PLC | Add +7.0% | 24.46% | +14.69 |
| KWY Kingsway Corp. | Add +10.4% | 3.19% | +2.60 |
| EG Everest Group Ltd. | Add +378.2% | 2.84% | +2.59 |
| BUSE First Busey Corp. | New | 2.16% | +2.16 |
| SKIN Skinhealth Systems Inc. | Add +5.0% | 2.64% | +1.95 |
| AUB Atlantic Union Bankshares Co. | New | 1.79% | +1.79 |
| PPBI Pacific Premier Bancorp Inc. | Add +244.1% | 1.92% | +1.70 |
| KMPR Kemper Corp. | Add +54.1% | 2.12% | +1.56 |
| AXS Axis Capital Holdings Ltd. | Add +28.9% | 1.84% | +1.30 |
| GOLDEN OCEAN GROUP LTD | Add +2.6% | 2.04% | +1.18 |
| HON Honeywell International Inc. | New | 1.12% | +1.12 |
| MXCT Maxcyte Inc. | Add +78.4% | 1.55% | +1.12 |
| TMUS T-Mobile US Inc. | Add +56.0% | 1.39% | +0.99 |
| CAT Caterpillar Inc. | New | 0.81% | +0.81 |
| JCI Johnson Controls Internation | New | 0.78% | +0.78 |
| AA Alcoa Corp. | Add +62.5% | 1.03% | +0.77 |
| BANC Banc of California Inc. | Add +0.6% | 1.28% | +0.77 |
| HUBB Hubbell Inc. | Add +663.7% | 0.72% | +0.69 |
| MMM 3M Co. | New | 0.67% | +0.67 |
| WAB Wabtec Corp. | New | 0.64% | +0.64 |
| MRVI Maravai Lifesciences Hldgs-A | Add +0.3% | 0.97% | +0.62 |
| DKNG Draftkings Inc. Class A | New | 0.62% | +0.62 |
| VMC Vulcan Materials Co. | New | 0.57% | +0.57 |
| AMAT Applied Materials Inc. | Add +42.9% | 0.68% | +0.53 |
| PH Parker Hannifin Corp. | Add +215.2% | 0.57% | +0.51 |
| TDG Transdigm Group Inc. | New | 0.48% | +0.48 |
| UBS UBS Group AG-Reg | New | 0.40% | +0.40 |
| FFWM First Foundation Inc. | Add +51.2% | 0.50% | +0.36 |
| DLTR Dollar Tree Inc. | New | 0.34% | +0.34 |
| PM Philip Morris International | New | 0.33% | +0.33 |
| DE Deere & Co. | New | 0.32% | +0.32 |
| DASH DoorDash Inc. Class A | New | 0.30% | +0.30 |
| CCK Crown Holdings Inc. | New | 0.30% | +0.30 |
| LAB Standard Biotools Inc. | Add +5.0% | 0.44% | +0.29 |
| AVT Avnet Inc. | New | 0.28% | +0.28 |
| BWXT BWX Technologies Inc. | New | 0.25% | +0.25 |
| LPG Dorian LPG Ltd. | Add +7.4% | 0.38% | +0.25 |
| ROK Rockwell Automation Inc. | New | 0.23% | +0.23 |
| CTVA Corteva Inc. | New | 0.23% | +0.23 |
| ECL Ecolab Inc. | New | 0.23% | +0.23 |
| PINS Pinterest Inc. Class A | New | 0.23% | +0.23 |
| CRM Salesforce Inc. | Add +3.2% | 0.36% | +0.22 |
| HRL Hormel Foods Corp. | New | 0.22% | +0.22 |
| KO The Coca-Cola Co. | New | 0.22% | +0.22 |
| FOXA Fox Corp. Class A | New | 0.22% | +0.22 |
| MCHP Microchip Technology Inc. | New | 0.21% | +0.21 |
| BTI British American Tob-SP ADR | New | 0.21% | +0.21 |
| LVS Las Vegas Sands Corp. | New | 0.18% | +0.18 |
| CELH Celsius Holdings Inc. | New | 0.17% | +0.17 |
| MMYT Makemytrip Ltd. | New | 0.17% | +0.17 |
Options Activity Q1 2025 → Q2 2025
| SPY SS SPDR S&P 500 ETF Trust-US | put | New | 26,000 | $16.1M |
| KRE SS SPDR S&P Regional Bank | put | New | 90,700 | $5.4M |
| QQQM Invesco Nasdaq 100 ETF | call | Sold out | 7,500 | $1.4Mbefore exit |
| FRO Frontline PLC | call | Sold out | 17,200 | $255Kbefore exit |
| VG Venture Global Inc. Class A | call | Sold out | 22,600 | $233Kbefore exit |
| TRMD Torm PLC-A | call | Sold out | 13,800 | $227Kbefore exit |
| STNG Scorpio Tankers Inc. | call | Sold out | 3,800 | $143Kbefore exit |
| NFE New Fortress Energy Inc. | call | Sold out | 14,600 | $121Kbefore exit |
| NVGS Navigator Holdings Ltd. | call | Sold out | 7,000 | $93Kbefore exit |
| INSW International Seaways Inc. | call | Sold out | 1,800 | $60Kbefore exit |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q1 2025 → Q2 2025
| AIR TRANSPORT SERVICES G (ATSG 3.875 08/15/29) | NOTE 3.875% 8/1 · principal | Sold out | 87,250,000 | $87.1Mbefore exit |
| TXNM ENERGY INC (TXNM 5.75 06/01/54) | NOTE 5.750% 6/0 · principal | New | 17,000,000 | $22.1M |
| UNITED STATES STEEL CORP (X 5 11/01/26) | NOTE 5.000%11/0 · principal | Sold out | 2,200,000 | $7.0Mbefore exit |
| ADSEW ADS-Tec Energy PLC-WRNT | *W EXP 99/99/999 | Add +756.9% | 128,864 | $1.4M |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 660 | $941.7M | ADSE, IWM, OCFC, BUSE, FSUN |
| Q1 2026 | 878 | $986.9M | ADSE, BUSE, EG, FSUN, OCFC |
| Q4 2025 | 657 | $977.9M | ADSE, CVNA, BUSE, KWY, SKIN |
| Q3 2025Amended | 248 | $1.1B | ADSE, CVNA, MSFT, NVDA, KWY |
| Q2 2025 | 202 | $929.3M | ADSE, CVNA, KWY, EG, SKIN |
| Q1 2025Amended | 227 | $2.4B | ADSE, MSFT, AMZN, AAPL, NVDA |
| Q4 2024 | 224 | $1.1B | ADSE, MSFT, NVDA, AMZN, GOOGL |
| Q3 2024 | 145 | $1.8B | TLN, GOOGL, BRK.A, LBRDK, CUK |
| Q2 2024 | 413 | $1.2B | GOOGL, CUK, LBRDK, NWSA, FOX |
| Q1 2024 | 484 | $1.4B | GOOGL, LBTYA, LBRDK, CUK, ADSE |