PSquared Asset Management AG
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 14, 2024), PSquared Asset Management AG reported 8 stock positions worth $640.0 million. Its top holding was Pioneer Natural Resources (PXD) at 32.0% of the portfolio, followed by Hess (HES, 18.3%) and Westrock (WRK, 16.2%). Compared with Q4 2023, it opened 4 new positions, sold out of 6, added to 2 and reduced 2. The biggest buy was a new position in Pioneer Natural Resources (PXD) and the biggest sale an exit from United States Steel (X).
- Most Recent 13F
- Q2 2026
- Location
- ZURICH, V8
- CIK
- 0001623624
- Portfolio Value
- $640.0M (Q1 2024)
- SEC Filing
- 0000943663-24-000122 ↗ filed May 14, 2024
Holdings Value
Holdings 8 stocks · $640.0M
| PXD Pioneer Natural Resources Co. | 32.02% | 780,770 | $205.0M | New |
| HES Hess Corp. | 18.33% | 768,457 | $117.3M | New |
| WRK Westrock Co. | 16.17% | 2,106,185 | $103.5M | New |
| HOLI Hollysys Automation Technolo | 10.51% | 2,629,898 | $67.3M | Reduce -1.8% |
| BP BP PLC-Spons ADR | 9.33% | 1,585,563 | $59.7M | Add +2.0% |
| EXEL Exelixis Inc. | 5.44% | 1,468,065 | $34.8M | Add +5.5% |
| CPRI Capri Holdings Ltd. | 5.02% | 709,336 | $32.1M | Reduce -49.7% |
| ACI Albertsons Cos Inc. Class A | 3.17% | 947,104 | $20.3M | New |
Options reported separately and not counted above: QGEN calls ($1.1M), EXEL puts ($551K).
Portfolio Sells Q4 2023 → Q1 2024
| X United States Steel Corp. | Sold out | 0.00% | −21.09 |
| TXNM TXNM Energy Inc. | Sold out | 0.00% | −14.04 |
| SOVO Sovos Brands Inc. | Sold out | 0.00% | −9.83 |
| CMBT CMB Tech NV | Sold out | 0.00% | −8.62 |
| CPRI Capri Holdings Ltd. | Reduce -49.7% | 5.02% | −7.91 |
| SPLK Splunk Inc. | Sold out | 0.00% | −3.91 |
| HOLI Hollysys Automation Technolo | Reduce -1.8% | 10.51% | −2.37 |
| NCMI National Cinemedia Inc. | Sold out | 0.00% | −0.56 |
Portfolio Buys Q4 2023 → Q1 2024
Options Activity Q4 2023 → Q1 2024
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 | 15 | $305.4M | WBD, IHS, SLSR, EA, LIN |
| Q1 2026 | 15 | $287.4M | WBD, IHS, SLSR, HOLX, NSC |
| Q4 2025 | 12 | $213.9M | WBD, SLSR, NSC, GTLS, COMP |
| Q3 2025 | 9 | $126.0M | K, SLSR, TECK, TASK, HOLX |
| Q2 2025 | 8 | $455.1M | TGI, HES, K, SLSR, SWTX |
| Q1 2025 | 6 | $133.8M | HES, ITCI, K, DESP, SLSR |
| Q4 2024 | 3 | $219.2M | HES, INFN, HCP |
| Q3 2024 | 9 | $415.9M | HES, VZIO, NVEI, EXEL, JNPR |
| Q2 2024 | 10 | $483.1M | HES, WRK, HOLI, JNPR, OLK |
| Q1 2024 | 8 | $640.0M | PXD, HES, WRK, HOLI, BP |