R Squared Ltd
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 30, 2026), R Squared Ltd reported 513 stock positions worth $214.0 million. Its top holding was Frontier Communications Pare (FYBR) at 2.6% of the portfolio, followed by Linde (LIN, 2.1%) and BlackRock (BLK, 1.6%). Compared with Q3 2025, it opened 221 new positions, sold out of 246, added to 151 and reduced 140. The biggest buy was a new position in BlackRock (BLK) and the biggest sale an exit from Honeywell International (HON).
- Most Recent 13F
- Q2 2026
- Location
- HONG KONG, K3
- CIK
- 0001896148
- Portfolio Value
- $214.0M (Q4 2025)
- SEC Filing
- 0001896148-26-000001 ↗ filed Jan 30, 2026
Holdings Value
Holdings 513 stocks · $214.0M
| FYBR Frontier Communications Pare | 2.56% | 144,066 | $5.5M | Add +75.4% |
| LIN Linde PLC | 2.06% | 10,358 | $4.4M | Add +79.1% |
| BLK BlackRock Inc. | 1.64% | 3,276 | $3.5M | New |
| EA Electronic Arts Inc. | 1.63% | 17,104 | $3.5M | New |
| MSI Motorola Solutions Inc. | 1.52% | 8,490 | $3.3M | New |
| TSM Taiwan Semiconductor-SP ADR | 1.43% | 10,104 | $3.1M | Add +365.6% |
| BSX Boston Scientific Corp. | 1.37% | 30,717 | $2.9M | Reduce -1.0% |
| NVDA Nvidia Corp. | 1.04% | 11,909 | $2.2M | Reduce -3.8% |
| MSFT Microsoft Corp. | 0.93% | 4,126 | $2.0M | Add +56.6% |
| MRSH Marsh & McLennan Cos | 0.93% | 10,685 | $2.0M | Add +77.1% |
| TMUS T-Mobile US Inc. | 0.92% | 9,662 | $2.0M | Add +195.8% |
| AMZN Amazon.com Inc. | 0.89% | 8,272 | $1.9M | Add +6.3% |
| TEL Te Connectivity PLC | 0.87% | 8,211 | $1.9M | Add +54.0% |
| PLTR Palantir Technologies Inc. Class A | 0.86% | 10,322 | $1.8M | Add +597.4% |
| PG The Procter & Gamble Co. | 0.86% | 12,776 | $1.8M | New |
| AMSF Amerisafe Inc. | 0.84% | 47,053 | $1.8M | Add +109.2% |
| APH Amphenol Corp. Class A | 0.80% | 12,675 | $1.7M | Add +314.2% |
| ETN Eaton Corp. PLC | 0.78% | 5,252 | $1.7M | Add +56.5% |
| CME Cme Group Inc. | 0.75% | 5,904 | $1.6M | Add +137.7% |
| EOG EOG Resources Inc. | 0.74% | 15,146 | $1.6M | Add +109.8% |
| OTIS Otis Worldwide Corp. | 0.71% | 17,464 | $1.5M | Add +49.1% |
| SYK Stryker Corp. | 0.71% | 4,314 | $1.5M | Add +7.1% |
| SNX TD Synnex Corp. | 0.70% | 10,030 | $1.5M | New |
| BKNG Booking Holdings Inc. | 0.69% | 276 | $1.5M | New |
| MU Micron Technology Inc. | 0.64% | 4,830 | $1.4M | Reduce -66.7% |
| PNW Pinnacle West Capital | 0.63% | 15,222 | $1.4M | Reduce -25.5% |
| BAP Credicorp Ltd. | 0.61% | 4,553 | $1.3M | Add +1.5% |
| DAY Dayforce Inc. | 0.58% | 17,936 | $1.2M | New |
| LMT Lockheed Martin Corp. | 0.57% | 2,514 | $1.2M | New |
| BMY Bristol-Myers Squibb Co. | 0.55% | 21,745 | $1.2M | Reduce -53.6% |
| CHT Chunghwa Telecom LT-Spon ADR | 0.55% | 27,964 | $1.2M | Add +18.9% |
| AXS Axis Capital Holdings Ltd. | 0.54% | 10,836 | $1.2M | Add +36.4% |
| HOLX Hologic Inc. | 0.54% | 15,524 | $1.2M | Add +62.2% |
| GPI Group 1 Automotive Inc. | 0.53% | 2,908 | $1.1M | Add +78.7% |
| SYY Sysco Corp. | 0.52% | 15,238 | $1.1M | New |
| TT Trane Technologies PLC | 0.48% | 2,641 | $1.0M | Reduce -33.9% |
| IBN Icici Bank Ltd.-Spon ADR | 0.47% | 33,679 | $1.0M | Add +136.1% |
| PPL PPL Corp. | 0.44% | 26,920 | $943K | New |
| EHC Encompass Health Corp. | 0.44% | 8,814 | $936K | Reduce -5.1% |
| DT Dynatrace Inc. | 0.43% | 21,261 | $921K | Add +190.7% |
| CTAS Cintas Corp. | 0.42% | 4,770 | $897K | Reduce -31.2% |
| CR Crane Co. | 0.42% | 4,833 | $891K | Add +55.4% |
| LNG Cheniere Energy Inc. | 0.41% | 4,568 | $888K | Add +35.4% |
| UBER Uber Technologies Inc. | 0.41% | 10,651 | $870K | New |
| ITRN Ituran Location and Control | 0.40% | 19,762 | $850K | Add +87.1% |
| MO Altria Group Inc. | 0.39% | 14,638 | $844K | New |
| V Visa Inc. Class A | 0.39% | 2,371 | $832K | New |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.38% | 5,327 | $818K | New |
| NVT Nvent Electric PLC | 0.38% | 7,951 | $811K | New |
| TXNM TXNM Energy Inc. | 0.37% | 13,571 | $799K | New |
| DTE DTE Energy Company | 0.37% | 6,078 | $784K | New |
| MSM MSC Industrial Direct Co. Class A | 0.36% | 9,227 | $776K | Add +89.3% |
| RGA Reinsurance Group of America | 0.36% | 3,764 | $766K | Add +24.0% |
| XEL Xcel Energy Inc. | 0.36% | 10,296 | $760K | New |
| HBAN Huntington Bancshares Inc. | 0.36% | 43,805 | $760K | Add +11.6% |
| TRST Trustco Bank Corp. NY | 0.35% | 18,176 | $751K | Add +4.6% |
| TTE Totalenergies SE | 0.35% | 11,464 | $750K | Reduce -38.8% |
| FIX Comfort Systems USA Inc. | 0.35% | 795 | $742K | Add +6.7% |
| CAC Camden National Corp. | 0.35% | 17,068 | $740K | Add +121.2% |
| TSN Tyson Foods Inc. Class A | 0.34% | 12,583 | $738K | Add +69.4% |
| NOC Northrop Grumman Corp. | 0.34% | 1,289 | $735K | New |
| AEP American Electric Power | 0.34% | 6,363 | $734K | Add +113.5% |
| PGR Progressive Corp. | 0.34% | 3,218 | $733K | Reduce -42.2% |
| WCN Waste Connections Inc. | 0.34% | 4,144 | $727K | Reduce -65.7% |
| IBKR Interactive Brokers Gro Class A | 0.34% | 11,213 | $721K | Add +24.3% |
| EZPW Ezcorp Inc. Class A | 0.34% | 37,055 | $720K | Reduce -2.0% |
| VALE Vale SA-SP ADR | 0.33% | 54,967 | $716K | Add +3.9% |
| AFYA Afya Ltd. Class A | 0.33% | 46,207 | $712K | Add +28.6% |
| NFLX Netflix Inc. | 0.33% | 7,579 | $711K | Reduce -57.8% |
| NMIH Nmi Holdings Inc. filed as NMI HLDGS INC | 0.33% | 17,343 | $707K | Add +9.7% |
| MORN Morningstar Inc. | 0.33% | 3,241 | $704K | Reduce -9.1% |
| A Agilent Technologies Inc. | 0.32% | 5,108 | $695K | New |
| CRBG Corebridge Financial Inc. | 0.32% | 22,996 | $694K | Add +73.0% |
| CSV Carriage Services Inc. | 0.32% | 16,373 | $693K | Add +7.2% |
| BE Bloom Energy Corp. Class A | 0.32% | 7,888 | $685K | New |
| AMD Advanced Micro Devices | 0.32% | 3,163 | $677K | Add +73.9% |
| EQNR Equinor ASA-Spon ADR | 0.32% | 28,612 | $676K | Add +9.8% |
| B Barrick Mining Corp. | 0.32% | 15,510 | $675K | New |
| NET Cloudflare Inc. Class A | 0.31% | 3,379 | $666K | New |
| WST West Pharmaceutical Services | 0.31% | 2,417 | $665K | New |
| TDG Transdigm Group Inc. | 0.31% | 500 | $665K | New |
| BHP BHP Group Ltd.-Spon ADR | 0.31% | 10,957 | $661K | Reduce -43.4% |
| ABT Abbott Laboratories | 0.31% | 5,266 | $660K | New |
| LLY Eli Lilly & Co. | 0.31% | 613 | $659K | Reduce -4.8% |
| ITT Itt Inc. | 0.31% | 3,777 | $655K | New |
| PCTY Paylocity Holding Corp. | 0.30% | 4,239 | $646K | Reduce -19.1% |
| VINP Vinci Compass Investments LT | 0.30% | 49,533 | $646K | Add +10.6% |
| TER Teradyne Inc. | 0.30% | 3,320 | $643K | New |
| CCU Cia Cervecerias Uni-Spon ADR filed as COMPANIA CERVECERIAS UNIDAS | 0.30% | 50,324 | $642K | Reduce -16.2% |
| T AT&T Inc. | 0.30% | 25,673 | $638K | Add +95.2% |
| C Citigroup Inc. | 0.29% | 5,403 | $630K | Reduce -23.4% |
| META Meta Platforms Inc. Class A | 0.29% | 953 | $629K | Add +206.4% |
| INFY Infosys Ltd.-SP ADR | 0.29% | 35,025 | $624K | Reduce -65.7% |
| ORLY O'reilly Automotive Inc. | 0.29% | 6,789 | $619K | Reduce -28.6% |
| AAL American Airlines Group Inc. | 0.29% | 40,150 | $616K | Add +45.3% |
| MCD McDonald's Corp. | 0.29% | 2,012 | $615K | Reduce -2.7% |
| XYL Xylem Inc. | 0.28% | 4,340 | $591K | New |
| CBRE CBRE Group Inc. Class A | 0.28% | 3,674 | $591K | Reduce -23.5% |
| GWRE Guidewire Software Inc. | 0.28% | 2,931 | $589K | Add +168.7% |
| WT Wisdomtree Inc. | 0.27% | 47,796 | $583K | Add +92.8% |
Portfolio Sells Q3 2025 → Q4 2025
| HON Honeywell International Inc. | Sold out | 0.00% | −1.16 |
| K Kellanova | Sold out | 0.00% | −1.15 |
| KO The Coca-Cola Co. | Sold out | 0.00% | −1.06 |
| SCHW Schwab (charles) Corp. | Reduce -84.2% | 0.23% | −1.04 |
| ED Consolidated Edison Inc. | Sold out | 0.00% | −0.96 |
| COST Costco Wholesale Corp. | Sold out | 0.00% | −0.95 |
| ROP Roper Technologies Inc. | Sold out | 0.00% | −0.87 |
| TSLA Tesla Inc. | Sold out | 0.00% | −0.84 |
| FERG Ferguson Enterprises Inc. | Reduce -85.0% | 0.13% | −0.70 |
| NDAQ Nasdaq Inc. | Reduce -87.0% | 0.12% | −0.65 |
| SO The Southern Co. | Sold out | 0.00% | −0.64 |
| NFLX Netflix Inc. | Reduce -57.8% | 0.33% | −0.59 |
| CSCO Cisco Systems Inc. | Sold out | 0.00% | −0.58 |
| WCN Waste Connections Inc. | Reduce -65.7% | 0.34% | −0.58 |
| ISRG Intuitive Surgical Inc. | Reduce -79.5% | 0.20% | −0.52 |
| AMP Ameriprise Financial Inc. | Sold out | 0.00% | −0.50 |
| PAYX Paychex Inc. | Sold out | 0.00% | −0.49 |
| AME Ametek Inc. | Sold out | 0.00% | −0.47 |
| VRSK Verisk Analytics Inc. | Sold out | 0.00% | −0.47 |
| BR Broadridge Financial Solutio | Sold out | 0.00% | −0.44 |
| INFY Infosys Ltd.-SP ADR | Reduce -65.7% | 0.29% | −0.42 |
| GILD Gilead Sciences Inc. | Sold out | 0.00% | −0.42 |
| MU Micron Technology Inc. | Reduce -66.7% | 0.64% | −0.40 |
| AIT Applied Industrial Tech Inc. | Sold out | 0.00% | −0.39 |
| CL Colgate-Palmolive Co. | Sold out | 0.00% | −0.39 |
| ACN Accenture PLC Class A | Sold out | 0.00% | −0.38 |
| FISV Fiserv Inc. | Sold out | 0.00% | −0.37 |
| SNOW Snowflake Inc. | Sold out | 0.00% | −0.36 |
| BMY Bristol-Myers Squibb Co. | Reduce -53.6% | 0.55% | −0.36 |
| DPZ Domino's Pizza Inc. | Sold out | 0.00% | −0.36 |
| NSC Norfolk Southern Corp. | Reduce -78.5% | 0.10% | −0.33 |
| ADSK Autodesk Inc. | Reduce -59.9% | 0.23% | −0.33 |
| ALNY Alnylam Pharmaceuticals Inc. | Sold out | 0.00% | −0.33 |
| BCS Barclays PLC-Spons ADR | Sold out | 0.00% | −0.32 |
| MCK McKesson Corp. | Sold out | 0.00% | −0.32 |
| AON Aon PLC Class A | Sold out | 0.00% | −0.32 |
| DHR Danaher Corp. | Sold out | 0.00% | −0.32 |
| GE General Electric | Sold out | 0.00% | −0.32 |
| CRH CRH PLC | Sold out | 0.00% | −0.32 |
| MDGL Madrigal Pharmaceuticals Inc. | Sold out | 0.00% | −0.32 |
| MA Mastercard Inc. Class A | Sold out | 0.00% | −0.32 |
| PCG P G & E Corp. | Sold out | 0.00% | −0.31 |
| JLL Jones Lang Lasalle Inc. | Sold out | 0.00% | −0.30 |
| STX Seagate Technology Holdings | Sold out | 0.00% | −0.29 |
| WAB Wabtec Corp. | Sold out | 0.00% | −0.29 |
| VRTX Vertex Pharmaceuticals Inc. | Sold out | 0.00% | −0.28 |
| JBL Jabil Inc. | Sold out | 0.00% | −0.28 |
| VMI Valmont Industries | Reduce -62.9% | 0.20% | −0.28 |
| TPR Tapestry Inc. | Sold out | 0.00% | −0.26 |
| CB Chubb Ltd. | Sold out | 0.00% | −0.26 |
Portfolio Buys Q3 2025 → Q4 2025
| BLK BlackRock Inc. | New | 1.64% | +1.64 |
| EA Electronic Arts Inc. | New | 1.63% | +1.63 |
| MSI Motorola Solutions Inc. | New | 1.52% | +1.52 |
| FYBR Frontier Communications Pare | Add +75.4% | 2.56% | +1.24 |
| TSM Taiwan Semiconductor-SP ADR | Add +365.6% | 1.43% | +1.17 |
| LIN Linde PLC | Add +79.1% | 2.06% | +0.88 |
| PG The Procter & Gamble Co. | New | 0.86% | +0.86 |
| PLTR Palantir Technologies Inc. Class A | Add +597.4% | 0.86% | +0.74 |
| SNX TD Synnex Corp. | New | 0.70% | +0.70 |
| BKNG Booking Holdings Inc. | New | 0.69% | +0.69 |
| APH Amphenol Corp. Class A | Add +314.2% | 0.80% | +0.64 |
| TMUS T-Mobile US Inc. | Add +195.8% | 0.92% | +0.58 |
| DAY Dayforce Inc. | New | 0.58% | +0.58 |
| LMT Lockheed Martin Corp. | New | 0.57% | +0.57 |
| SYY Sysco Corp. | New | 0.52% | +0.52 |
| CME Cme Group Inc. | Add +137.7% | 0.75% | +0.46 |
| PPL PPL Corp. | New | 0.44% | +0.44 |
| AMSF Amerisafe Inc. | Add +109.2% | 0.84% | +0.42 |
| UBER Uber Technologies Inc. | New | 0.41% | +0.41 |
| MRSH Marsh & McLennan Cos | Add +77.1% | 0.93% | +0.40 |
| EOG EOG Resources Inc. | Add +109.8% | 0.74% | +0.39 |
| MO Altria Group Inc. | New | 0.39% | +0.39 |
| V Visa Inc. Class A | New | 0.39% | +0.39 |
| TJX TJX Companies Inc. | New | 0.38% | +0.38 |
| NVT Nvent Electric PLC | New | 0.38% | +0.38 |
| TXNM TXNM Energy Inc. | New | 0.37% | +0.37 |
| TEL Te Connectivity PLC | Add +54.0% | 0.87% | +0.37 |
| DTE DTE Energy Company | New | 0.37% | +0.37 |
| XEL Xcel Energy Inc. | New | 0.36% | +0.36 |
| MSFT Microsoft Corp. | Add +56.6% | 0.93% | +0.34 |
| NOC Northrop Grumman Corp. | New | 0.34% | +0.34 |
| A Agilent Technologies Inc. | New | 0.32% | +0.32 |
| BE Bloom Energy Corp. Class A | New | 0.32% | +0.32 |
| B Barrick Mining Corp. | New | 0.32% | +0.32 |
| NET Cloudflare Inc. Class A | New | 0.31% | +0.31 |
| TDG Transdigm Group Inc. | New | 0.31% | +0.31 |
| WST West Pharmaceutical Services | New | 0.31% | +0.31 |
| ABT Abbott Laboratories | New | 0.31% | +0.31 |
| ITT Itt Inc. | New | 0.31% | +0.31 |
| TER Teradyne Inc. | New | 0.30% | +0.30 |
| IBN Icici Bank Ltd.-Spon ADR | Add +136.1% | 0.47% | +0.28 |
| DT Dynatrace Inc. | Add +190.7% | 0.43% | +0.28 |
| XYL Xylem Inc. | New | 0.28% | +0.28 |
| PH Parker Hannifin Corp. | New | 0.27% | +0.27 |
| WEC WEC Energy Group Inc. | New | 0.27% | +0.27 |
| HOLX Hologic Inc. | Add +62.2% | 0.54% | +0.26 |
| NWSA News Corp. Class A | New | 0.26% | +0.26 |
| AZN Astrazeneca PLC-Spons ADR | New | 0.26% | +0.26 |
| OTIS Otis Worldwide Corp. | Add +49.1% | 0.71% | +0.25 |
| ETN Eaton Corp. PLC | Add +56.5% | 0.78% | +0.24 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 509 | $190.4M | TXNM, PEN, NVDA, C, TSM |
| Q1 2026 | 477 | $182.1M | HOLX, AAPL, TXNM, EA, MSFT |
| Q4 2025 | 513 | $214.0M | FYBR, LIN, BLK, EA, MSI |
| Q3 2025 | 537 | $232.4M | FYBR, BSX, SCHW, LIN, HON |
| Q2 2025 | 458 | $181.4M | MCD, K, BRK.B, IT, PGR |
| Q1 2025 | 289 | $93.6M | FYBR, DIS, HLT, INFY, META |
| Q4 2024 | 1,571 | $102.8M | LIN, FE, ETN, ED, VZ |