PSquared Asset Management AG
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 14, 2025), PSquared Asset Management AG reported 6 stock positions worth $133.8 million. Its top holding was Hess (HES) at 29.9% of the portfolio, followed by Intra-Cellular Therapies (ITCI, 22.6%) and Kellanova (K, 21.6%). Compared with Q4 2024, it opened 5 new positions, sold out of 2 and reduced 1. The biggest buy was a new position in Intra-Cellular Therapies (ITCI) and the biggest sale Hess (HES, shares −78%).
- Most Recent 13F
- Q2 2026
- Location
- ZURICH, V8
- CIK
- 0001623624
- Portfolio Value
- $133.8M (Q1 2025)
- SEC Filing
- 0000943663-25-000122 ↗ filed May 14, 2025
Holdings Value
Holdings 6 stocks · $133.8M
| HES Hess Corp. | 29.92% | 250,744 | $40.1M | Reduce -78.4% |
| ITCI Intra-Cellular Therapies Inc. | 22.58% | 229,086 | $30.2M | New |
| K Kellanova | 21.60% | 350,403 | $28.9M | New |
| DESP Despegar.com Corp. | 13.91% | 990,697 | $18.6M | New |
| SLSR Solaris Resources Inc. | 11.43% | 4,547,184 | $15.3M | New |
| DCH Dauch Corporation filed as AMERICAN AXLE & MFG HLDGS IN | 0.56% | 184,825 | $752K | New |
Portfolio Sells Q4 2024 → Q1 2025
Portfolio Buys Q4 2024 → Q1 2025
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 |