Nekton Capital Ltd.
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 14, 2025), Nekton Capital Ltd. reported 13 stock positions worth $49.3 million. Its top holding was Hess (HES) at 18.2% of the portfolio, followed by Teck Resources Ltd.-CLS B (TECK, 12.2%) and Union Pacific (UNP, 11.4%). Compared with Q1 2025, it opened 6 new positions, sold out of 2, added to 4 and reduced 1. The biggest buy was a new position in Udr (UDR) and the biggest sale Union Pacific (UNP, shares −12%).
- Most Recent 13F
- Q3 2025
- Location
- LONDON, X0
- CIK
- 0001884716
- Portfolio Value
- $49.3M (Q2 2025)
- SEC Filing
- 0001884716-25-000005 ↗ filed Aug 14, 2025
Holdings Value
Holdings 13 stocks · $49.3M
| HES Hess Corp. | 18.19% | 64,769 | $9.0M | No change |
| TECK Teck Resources Ltd.-CLS B | 12.24% | 149,517 | $6.0M | No change |
| UNP Union Pacific Corp. | 11.36% | 24,347 | $5.6M | Reduce -12.2% |
| EL Estee Lauder Companies Class A filed as LAUDER ESTEE COS INC | 10.97% | 66,985 | $5.4M | Add +10.5% |
| PLD Prologis Inc. | 9.48% | 44,473 | $4.7M | Add +11.0% |
| UDR Udr Inc. | 7.50% | 90,556 | $3.7M | New |
| VGLT Vanguard Long-Term Treasury | 6.63% | 58,260 | $3.3M | New |
| ALC Alcon Inc. filed as ALCON AG | 6.49% | 36,285 | $3.2M | New |
| UBS UBS Group AG-Reg | 5.32% | 77,510 | $2.6M | New |
| TOL Toll Brothers Inc. | 4.47% | 19,323 | $2.2M | New |
| PINS Pinterest Inc. Class A | 3.58% | 49,236 | $1.8M | Add +92.7% |
| SW Smurfit Westrock PLC | 2.11% | 24,146 | $1.0M | Add +0.6% |
| MTH Meritage Homes Corp. | 1.65% | 12,146 | $813K | New |
Portfolio Sells Q1 2025 → Q2 2025
Portfolio Buys Q1 2025 → Q2 2025
| UDR Udr Inc. | New | 7.50% | +7.50 |
| VGLT Vanguard Long-Term Treasury | New | 6.63% | +6.63 |
| ALC Alcon Inc. | New | 6.49% | +6.49 |
| UBS UBS Group AG-Reg | New | 5.32% | +5.32 |
| TOL Toll Brothers Inc. | New | 4.47% | +4.47 |
| MTH Meritage Homes Corp. | New | 1.65% | +1.65 |
| PINS Pinterest Inc. Class A | Add +92.7% | 3.58% | +1.38 |
| EL Estee Lauder Companies Class A | Add +10.5% | 10.97% | −0.13 |
| SW Smurfit Westrock PLC | Add +0.6% | 2.11% | −0.89 |
| PLD Prologis Inc. | Add +11.0% | 9.48% | −2.95 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q3 2025 | 18 | $49.4M | PLD, MDT, UDR, UNP, EL |
| Q2 2025 | 13 | $49.3M | HES, TECK, UNP, EL, PLD |
| Q1 2025 | 9 | $36.1M | HES, UNP, TECK, PLD, EL |
| Q4 2024 | 7 | $38.0M | HES, AZPN, UNP, TECK, PLD |
| Q3 2024 | 4 | $22.1M | HES, UNP, TECK, EL |
| Q2 2024 | 14 | $220.2M | UNP, UDR, HES, TECK, EL |
| Q1 2024 | 16 | $428.8M | PXD, UNP, CNI, UDR, HES |