PSquared Asset Management AG

In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 13, 2025), PSquared Asset Management AG reported 3 stock positions worth $219.2 million. Its top holding was Hess (HES) at 70.5% of the portfolio, followed by Infinera (INFN, 16.8%) and Hashicorp Class A (HCP, 12.7%). Compared with Q3 2024, it sold out of 6, added to 2 and reduced 1. The biggest buy was Infinera (INFN, shares +132%) and the biggest sale an exit from Vizio Class A (VZIO).

Most Recent 13F
Q2 2026
Location
ZURICH, V8
CIK
0001623624
Portfolio Value
$219.2M (Q4 2024)
SEC Filing
0000943663-25-000045 ↗ filed Feb 13, 2025

Holdings Value

0$200.0M$400.0M$600.0M$800.0M Q1 2024: $640.0M Q1 2024 Q2 2024: $483.1M Q2 2024 Q3 2024: $415.9M Q3 2024 Q4 2024: $219.2M $219.2M Q4 2024 Q1 2025: $133.8M Q1 2025 Q2 2025: $455.1M Q2 2025 Q3 2025: $126.0M Q3 2025 Q4 2025: $213.9M Q4 2025 Q1 2026: $287.4M Q1 2026 Q2 2026: $305.4M Q2 2026

Holdings 3 stocks · $219.2M
HES Hess Corp. 70.49% 1,161,420 $154.5M Reduce -3.9%
INFN Infinera Corp. 16.81% 5,606,004 $36.8M Add +131.6%
HCP Hashicorp Inc. Class A 12.71% 814,231 $27.9M Add +2.1%

Portfolio Sells Q3 2024 → Q4 2024
VZIO Vizio Holding Corp. Class A Sold out 0.00% −12.23
NVEI Nuvei Corp.-Subordinate VTG Sold out 0.00% −10.75
EXEL Exelixis Inc. Sold out 0.00% −9.54
JNPR Juniper Networks Inc. Sold out 0.00% −9.09
TELL Tellurian Inc. Sold out 0.00% −4.59
ACI Albertsons Cos Inc. Class A Sold out 0.00% −3.90
HES Hess Corp. Reduce -3.9% 70.49% +31.01

Portfolio Buys Q3 2024 → Q4 2024
INFN Infinera Corp. Add +131.6% 16.81% +12.88
HCP Hashicorp Inc. Class A Add +2.1% 12.71% +6.22

Options Activity Q3 2024 → Q4 2024
EXEL Exelixis Inc. put Sold out 12,333 $876Kbefore exit

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 15$305.4MWBD, IHS, SLSR, EA, LIN
Q1 2026 15$287.4MWBD, IHS, SLSR, HOLX, NSC
Q4 2025 12$213.9MWBD, SLSR, NSC, GTLS, COMP
Q3 2025 9$126.0MK, SLSR, TECK, TASK, HOLX
Q2 2025 8$455.1MTGI, HES, K, SLSR, SWTX
Q1 2025 6$133.8MHES, ITCI, K, DESP, SLSR
Q4 2024 3$219.2MHES, INFN, HCP
Q3 2024 9$415.9MHES, VZIO, NVEI, EXEL, JNPR
Q2 2024 10$483.1MHES, WRK, HOLI, JNPR, OLK
Q1 2024 8$640.0MPXD, HES, WRK, HOLI, BP