Sycomore Asset Management
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed January 29, 2025), Sycomore Asset Management reported 73 stock positions worth $701.3 million. Its top holding was Microsoft (MSFT) at 11.7% of the portfolio, followed by Nvidia (NVDA, 6.7%) and Waste Connections (WCN, 4.0%). Compared with Q3 2024, it opened 6 new positions, sold out of 3, added to 35 and reduced 18. The biggest buy was Microsoft (MSFT, shares +37%) and the biggest sale Nvidia (NVDA, shares −24%).
- Most Recent 13F
- Q2 2026
- Location
- PARIS, I0
- CIK
- 0001728681
- Portfolio Value
- $701.3M (Q4 2024)
- SEC Filing
- 0001728681-25-000001 ↗ filed Jan 29, 2025
Holdings Value
Holdings 73 stocks · $701.3M
| MSFT Microsoft Corp. | 11.68% | 189,860 | $81.9M | Add +37.2% |
| NVDA Nvidia Corp. | 6.73% | 380,389 | $47.2M | Reduce -23.6% |
| WCN Waste Connections Inc. | 4.02% | 117,228 | $28.2M | Add +80.8% |
| WDAY Workday Inc. Class A | 3.44% | 98,189 | $24.1M | Add +46.3% |
| NOW ServiceNow Inc. | 3.24% | 25,703 | $22.7M | Add +7.2% |
| ACN Accenture PLC Class A | 2.90% | 57,242 | $20.4M | Add +93.1% |
| MA Mastercard Inc. Class A | 2.79% | 39,834 | $19.6M | Add +72.2% |
| AVGO Broadcom Inc. | 2.65% | 104,183 | $18.6M | Reduce -3.5% |
| LLY Eli Lilly & Co. | 2.62% | 20,238 | $18.4M | Reduce -3.9% |
| SW Smurfit Westrock PLC | 2.57% | 488,737 | $18.0M | Reduce -11.4% |
| SYK Stryker Corp. | 2.45% | 47,578 | $17.2M | Add +16.2% |
| MU Micron Technology Inc. | 2.44% | 155,733 | $17.1M | Add +14.8% |
| STLA Stellantis NV | 2.32% | 1,110,051 | $16.3M | No change |
| TMUS T-Mobile US Inc. | 2.28% | 78,614 | $16.0M | Add +24.7% |
| ETN Eaton Corp. PLC | 2.11% | 44,428 | $14.8M | Add +14.6% |
| TMO Thermo Fisher Scientific Inc. | 2.06% | 23,318 | $14.4M | Add +51.5% |
| PGR Progressive Corp. | 1.86% | 51,770 | $13.1M | Add +42.8% |
| CYBR Cyberark Software Ltd./Israel | 1.82% | 44,312 | $12.7M | Add +39.4% |
| ALC Alcon Inc. filed as ALCON AG | 1.76% | 133,220 | $12.4M | Add +13.7% |
| MDB Mongodb Inc. | 1.62% | 41,780 | $11.4M | Add +22.3% |
| AMD Advanced Micro Devices | 1.62% | 67,942 | $11.4M | Add +62.1% |
| URI United Rentals Inc. | 1.61% | 14,060 | $11.3M | Add +77.4% |
| SNPS Synopsys Inc. | 1.55% | 21,054 | $10.9M | Add +48.9% |
| INTU Intuit Inc. | 1.53% | 16,846 | $10.7M | Add +38.5% |
| RACE Ferrari NV | 1.52% | 23,649 | $10.6M | No change |
| ADI Analog Devices Inc. | 1.41% | 44,251 | $9.9M | New |
| PCOR Procore Technologies Inc. | 1.37% | 155,373 | $9.6M | Reduce -29.4% |
| P Everpure Inc. Class A filed as PURE STORAGE INC | 1.35% | 187,874 | $9.5M | Add +57.8% |
| ISRG Intuitive Surgical Inc. | 1.31% | 18,945 | $9.2M | Add +27.4% |
| VEEV Veeva Systems Inc. Class A | 1.20% | 40,273 | $8.4M | Reduce -5.1% |
| DUOL Duolingo | 1.12% | 28,184 | $7.8M | Reduce -28.7% |
| GOOGL Alphabet Inc. Class A | 1.11% | 47,803 | $7.8M | Add +165.5% |
| VRT Vertiv Holdings Co. Class A | 1.10% | 76,651 | $7.7M | Reduce -31.5% |
| CLH Clean Harbors Inc. | 1.09% | 31,437 | $7.6M | Add +87.6% |
| TSM Taiwan Semiconductor-SP ADR | 1.08% | 40,524 | $7.6M | New |
| SNOW Snowflake Inc. | 1.02% | 63,637 | $7.2M | Add +13.7% |
| GTLB Gitlab Inc. Class A | 0.98% | 133,668 | $6.9M | Add +6.5% |
| DE Deere & Co. | 0.93% | 15,835 | $6.5M | Add +27.4% |
| VRSK Verisk Analytics Inc. | 0.91% | 24,085 | $6.4M | Add +27.4% |
| JPM JPMorgan Chase & Co. | 0.87% | 29,164 | $6.1M | Add +74.9% |
| WAB Wabtec Corp. | 0.87% | 33,558 | $6.1M | Add +1.5% |
| PANW Palo Alto Networks Inc. | 0.84% | 17,365 | $5.9M | Add +19.3% |
| PWR Quanta Services Inc. | 0.82% | 19,455 | $5.8M | No change |
| S Sentinelone Inc. Class A | 0.71% | 207,688 | $5.0M | Add +315.3% |
| AAPL Apple Inc. | 0.70% | 21,479 | $4.9M | Add +74.7% |
| DAR Darling Ingredients Inc. | 0.68% | 130,096 | $4.7M | Add +101.2% |
| AMAT Applied Materials Inc. | 0.67% | 22,252 | $4.7M | No change |
| OC Owens Corning | 0.52% | 20,947 | $3.6M | No change |
| NEE Nextera Energy Inc. | 0.51% | 42,889 | $3.6M | Reduce -21.9% |
| CFLT Confluent Inc. Class A | 0.50% | 177,319 | $3.5M | Reduce -58.5% |
| XYL Xylem Inc. | 0.50% | 25,939 | $3.5M | No change |
| AWK American Water Works Co. Inc. | 0.48% | 23,553 | $3.4M | No change |
| ON On Semiconductor | 0.46% | 44,450 | $3.3M | No change |
| COHR Coherent Corp. | 0.45% | 34,374 | $3.2M | Reduce -43.8% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.44% | 10,854 | $3.1M | No change |
| QGEN Qiagen NV | 0.43% | 64,024 | $3.0M | Reduce -26.8% |
| RSG Republic Services Inc. | 0.40% | 13,884 | $2.8M | No change |
| MTZ Mastec Inc. | 0.39% | 22,437 | $2.8M | No change |
| ANET Arista Networks Inc. | 0.39% | 7,039 | $2.7M | Reduce -75.0% |
| AYI Acuity Inc. | 0.29% | 7,669 | $2.1M | No change |
| FSLR First Solar Inc. | 0.20% | 5,544 | $1.4M | Reduce -43.5% |
| CSL Carlisle Cos Inc. | 0.19% | 3,000 | $1.3M | New |
| ALAB Astera Labs Inc. | 0.13% | 17,231 | $943K | Reduce -67.9% |
| DDOG Datadog Inc. Class A | 0.11% | 6,700 | $765K | No change |
| WFG West Fraser Timber Co. Ltd. | 0.09% | 6,500 | $596K | New |
| DLR Digital Realty Trust Inc. | 0.06% | 500,000 | $429K | No change |
| BABA Alibaba Group Holding-SP ADR | 0.04% | 2,800 | $294K | Reduce -20.0% |
| TAN Invesco Solar ETF | 0.04% | 6,500 | $273K | New |
| CQQQ Invesco China Technology ETF | 0.03% | 6,100 | $233K | Add +320.7% |
| BIDU Baidu Inc. - Spon ADR | 0.01% | 600 | $62K | New |
| AMZN Amazon.com Inc. | 0.01% | 300 | $57K | Add +100.0% |
| NXT Nextpower Inc. filed as NEXTRACKER INC | 0.00% | 700 | $6K | Reduce -99.7% |
| RUN Sunrun Inc. | 0.00% | 1,600 | $3K | Reduce -94.6% |
Portfolio Sells Q3 2024 → Q4 2024
| NVDA Nvidia Corp. | Reduce -23.6% | 6.73% | −3.52 |
| NXT Nextpower Inc. | Reduce -99.7% | 0.00% | −1.31 |
| CFLT Confluent Inc. Class A | Reduce -58.5% | 0.50% | −0.90 |
| PCOR Procore Technologies Inc. | Reduce -29.4% | 1.37% | −0.89 |
| SW Smurfit Westrock PLC | Reduce -11.4% | 2.57% | −0.80 |
| VRT Vertiv Holdings Co. Class A | Reduce -31.5% | 1.10% | −0.77 |
| FCX Freeport-McMoran Inc. | Sold out | 0.00% | −0.75 |
| DUOL Duolingo | Reduce -28.7% | 1.12% | −0.71 |
| LLY Eli Lilly & Co. | Reduce -3.9% | 2.62% | −0.55 |
| AVGO Broadcom Inc. | Reduce -3.5% | 2.65% | −0.55 |
| COHR Coherent Corp. | Reduce -43.8% | 0.45% | −0.49 |
| ALAB Astera Labs Inc. | Reduce -67.9% | 0.13% | −0.35 |
| QGEN Qiagen NV | Reduce -26.8% | 0.43% | −0.28 |
| VEEV Veeva Systems Inc. Class A | Reduce -5.1% | 1.20% | −0.27 |
| NEE Nextera Energy Inc. | Reduce -21.9% | 0.51% | −0.25 |
| FSLR First Solar Inc. | Reduce -43.5% | 0.20% | −0.21 |
| RUN Sunrun Inc. | Reduce -94.6% | 0.00% | −0.09 |
| ANET Arista Networks Inc. | Reduce -75.0% | 0.39% | −0.06 |
| BABA Alibaba Group Holding-SP ADR | Reduce -20.0% | 0.04% | −0.02 |
| BRK.B Berkshire Hathaway Inc. Class B | Sold out | 0.00% | −0.02 |
| KC Kingsoft Cloud Holdings-ADR | Sold out | 0.00% | −0.00 |
Portfolio Buys Q3 2024 → Q4 2024
| MSFT Microsoft Corp. | Add +37.2% | 11.68% | +1.77 |
| WCN Waste Connections Inc. | Add +80.8% | 4.02% | +1.43 |
| ADI Analog Devices Inc. | New | 1.41% | +1.41 |
| ACN Accenture PLC Class A | Add +93.1% | 2.90% | +1.15 |
| TSM Taiwan Semiconductor-SP ADR | New | 1.08% | +1.08 |
| MA Mastercard Inc. Class A | Add +72.2% | 2.79% | +0.90 |
| WDAY Workday Inc. Class A | Add +46.3% | 3.44% | +0.70 |
| GOOGL Alphabet Inc. Class A | Add +165.5% | 1.11% | +0.62 |
| URI United Rentals Inc. | Add +77.4% | 1.61% | +0.55 |
| S Sentinelone Inc. Class A | Add +315.3% | 0.71% | +0.51 |
| TMO Thermo Fisher Scientific Inc. | Add +51.5% | 2.06% | +0.48 |
| AMD Advanced Micro Devices | Add +62.1% | 1.62% | +0.46 |
| PANW Palo Alto Networks Inc. | Add +19.3% | 0.84% | +0.43 |
| CLH Clean Harbors Inc. | Add +87.6% | 1.09% | +0.41 |
| P Everpure Inc. Class A | Add +57.8% | 1.35% | +0.35 |
| PGR Progressive Corp. | Add +42.8% | 1.86% | +0.34 |
| SNPS Synopsys Inc. | Add +48.9% | 1.55% | +0.34 |
| CYBR Cyberark Software Ltd./Israel | Add +39.4% | 1.82% | +0.30 |
| JPM JPMorgan Chase & Co. | Add +74.9% | 0.87% | +0.29 |
| DAR Darling Ingredients Inc. | Add +101.2% | 0.68% | +0.29 |
| INTU Intuit Inc. | Add +38.5% | 1.53% | +0.24 |
| AAPL Apple Inc. | Add +74.7% | 0.70% | +0.23 |
| CSL Carlisle Cos Inc. | New | 0.19% | +0.19 |
| TMUS T-Mobile US Inc. | Add +24.7% | 2.28% | +0.15 |
| ISRG Intuitive Surgical Inc. | Add +27.4% | 1.31% | +0.11 |
| WFG West Fraser Timber Co. Ltd. | New | 0.09% | +0.09 |
| DE Deere & Co. | Add +27.4% | 0.93% | +0.08 |
| VRSK Verisk Analytics Inc. | Add +27.4% | 0.91% | +0.08 |
| MDB Mongodb Inc. | Add +22.3% | 1.62% | +0.08 |
| TAN Invesco Solar ETF | New | 0.04% | +0.04 |
| CQQQ Invesco China Technology ETF | Add +320.7% | 0.03% | +0.02 |
| BIDU Baidu Inc. - Spon ADR | New | 0.01% | +0.01 |
| AMZN Amazon.com Inc. | Add +100.0% | 0.01% | +0.00 |
| SYK Stryker Corp. | Add +16.2% | 2.45% | −0.00 |
| SNOW Snowflake Inc. | Add +13.7% | 1.02% | −0.02 |
| ETN Eaton Corp. PLC | Add +14.6% | 2.11% | −0.03 |
| MU Micron Technology Inc. | Add +14.8% | 2.44% | −0.03 |
| GTLB Gitlab Inc. Class A | Add +6.5% | 0.98% | −0.09 |
| ALC Alcon Inc. | Add +13.7% | 1.76% | −0.12 |
| WAB Wabtec Corp. | Add +1.5% | 0.87% | −0.13 |
| NOW ServiceNow Inc. | Add +7.2% | 3.24% | −0.28 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 72 | $931.6M | MU, NVDA, MSFT, AVGO, AMD |
| Q1 2026 | 73 | $718.0M | MSFT, NVDA, WCN, AZN, WDAY |
| Q4 2025 | 65 | $604.5M | MSFT, WCN, WDAY, NOW, ACN |
| Q3 2025 | 63 | $600.9M | MSFT, NVDA, WCN, WDAY, NOW |
| Q2 2025 | 64 | $644.4M | MSFT, NVDA, WCN, WDAY, NOW |
| Q1 2025 | 73 | $704.6M | MSFT, NVDA, WCN, WDAY, NOW |
| Q4 2024 | 73 | $701.3M | MSFT, NVDA, WCN, WDAY, NOW |
| Q3 2024 | 70 | $602.5M | NVDA, MSFT, NOW, SW, AVGO |
| Q2 2024 | 68 | $568.5M | MSFT, NVDA, LLY, NOW, AMD |
| Q1 2024 | 68 | $457.4M | MSFT, NVDA, NOW, AMD, INTU |