PSquared Asset Management AG
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 14, 2026), PSquared Asset Management AG reported 15 stock positions worth $287.4 million. Its top holding was Warner Bros Discovery (WBD) at 15.9% of the portfolio, followed by Ihs (IHS, 12.4%) and Solaris Resources (SLSR, 12.3%). Compared with Q4 2025, it opened 8 new positions, sold out of 5 and added to 7. The biggest buy was a new position in Ihs (IHS) and the biggest sale an exit from Compass Class A (COMP).
- Most Recent 13F
- Q2 2026
- Location
- ZURICH, V8
- CIK
- 0001623624
- Portfolio Value
- $287.4M (Q1 2026)
- SEC Filing
- 0000945621-26-000698 ↗ filed May 14, 2026
Holdings Value
Holdings 15 stocks · $287.4M
| WBD Warner Bros Discovery Inc. | 15.89% | 1,663,164 | $45.7M | Add +7.9% |
| IHS Ihs Holding Ltd. | 12.44% | 4,343,787 | $35.7M | New |
| SLSR Solaris Resources Inc. | 12.27% | 4,084,315 | $35.3M | Add +3.1% |
| HOLX Hologic Inc. | 10.68% | 405,920 | $30.7M | New |
| NSC Norfolk Southern Corp. | 9.62% | 96,385 | $27.7M | Add +4.7% |
| GTLS Chart Industries Inc. | 8.45% | 117,407 | $24.3M | Add +6.1% |
| AAUC Allied Gold Corp. | 7.97% | 740,000 | $22.9M | New |
| FOLD Amicus Therapeutics Inc. | 5.54% | 1,101,228 | $15.9M | Add +4.9% |
| PEN Penumbra Inc. | 4.89% | 42,785 | $14.0M | New |
| RVMD Revolution Medicines Inc. | 4.68% | 138,290 | $13.4M | New |
| PRA Proassurance Corp. | 3.17% | 368,059 | $9.1M | Add +6.3% |
| ACLX Arcellx Inc. | 2.21% | 55,251 | $6.3M | New |
| OLPX Olaplex Holdings Inc. | 1.00% | 1,415,716 | $2.9M | New |
| ABVX Abivax SA-ADR | 0.63% | 16,200 | $1.8M | Add +6650.0% |
| GPCR Structure Therapeutics Inc. | 0.59% | 35,000 | $1.7M | New |
Portfolio Sells Q4 2025 → Q1 2026
Portfolio Buys Q4 2025 → Q1 2026
| IHS Ihs Holding Ltd. | New | 12.44% | +12.44 |
| HOLX Hologic Inc. | New | 10.68% | +10.68 |
| AAUC Allied Gold Corp. | New | 7.97% | +7.97 |
| PEN Penumbra Inc. | New | 4.89% | +4.89 |
| RVMD Revolution Medicines Inc. | New | 4.68% | +4.68 |
| ACLX Arcellx Inc. | New | 2.21% | +2.21 |
| OLPX Olaplex Holdings Inc. | New | 1.00% | +1.00 |
| GPCR Structure Therapeutics Inc. | New | 0.59% | +0.59 |
| ABVX Abivax SA-ADR | Add +6650.0% | 0.63% | +0.54 |
| PRA Proassurance Corp. | Add +6.3% | 3.17% | −0.75 |
| FOLD Amicus Therapeutics Inc. | Add +4.9% | 5.54% | −1.45 |
| GTLS Chart Industries Inc. | Add +6.1% | 8.45% | −2.22 |
| SLSR Solaris Resources Inc. | Add +3.1% | 12.27% | −2.58 |
| NSC Norfolk Southern Corp. | Add +4.7% | 9.62% | −2.80 |
| WBD Warner Bros Discovery Inc. | Add +7.9% | 15.89% | −4.87 |
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 |