Sycomore Asset Management

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 1, 2025), Sycomore Asset Management reported 64 stock positions worth $644.4 million. Its top holding was Microsoft (MSFT) at 12.7% of the portfolio, followed by Nvidia (NVDA, 7.3%) and Waste Connections (WCN, 4.4%). Compared with Q1 2025, it sold out of 9. The biggest sale was an exit from Accenture Class A (ACN).

Most Recent 13F
Q2 2026
Location
PARIS, I0
CIK
0001728681
Portfolio Value
$644.4M (Q2 2025)
SEC Filing
0001728681-25-000004 ↗ filed Aug 1, 2025

Holdings Value

0$200.0M$400.0M$600.0M$800.0M$1.0B Q1 2024: $457.4M Q1 2024 Q2 2024: $568.5M Q2 2024 Q3 2024: $602.5M Q3 2024 Q4 2024: $701.3M Q4 2024 Q1 2025: $704.6M Q1 2025 Q2 2025: $644.4M $644.4M Q2 2025 Q3 2025: $600.9M Q3 2025 Q4 2025: $604.5M Q4 2025 Q1 2026: $718.0M Q1 2026 Q2 2026: $931.6M Q2 2026

Holdings 64 stocks · $644.4M
MSFT Microsoft Corp. 12.71% 189,860 $81.9M No change
NVDA Nvidia Corp. 7.32% 380,389 $47.2M No change
WCN Waste Connections Inc. 4.38% 117,228 $28.2M No change
WDAY Workday Inc. Class A 3.74% 98,189 $24.1M No change
NOW ServiceNow Inc. 3.53% 25,703 $22.7M No change
MA Mastercard Inc. Class A 3.04% 39,834 $19.6M No change
AVGO Broadcom Inc. 2.88% 104,183 $18.6M No change
LLY Eli Lilly & Co. 2.86% 20,238 $18.4M No change
SW Smurfit Westrock PLC 2.79% 488,737 $18.0M No change
STLA Stellantis NV 2.75% 1,110,051 $17.7M No change
SYK Stryker Corp. 2.67% 47,578 $17.2M No change
MU Micron Technology Inc. 2.66% 155,733 $17.1M No change
TMUS T-Mobile US Inc. 2.48% 78,614 $16.0M No change
ETN Eaton Corp. PLC 2.30% 44,428 $14.8M No change
TMO Thermo Fisher Scientific Inc. 2.24% 23,318 $14.4M No change
ALC Alcon Inc. filed as ALCON AG 2.12% 133,220 $13.7M No change
PGR Progressive Corp. 2.03% 51,770 $13.1M No change
CYBR Cyberark Software Ltd./Israel 1.98% 44,312 $12.7M No change
RACE Ferrari NV 1.79% 23,649 $11.6M No change
MDB Mongodb Inc. 1.77% 41,780 $11.4M No change
URI United Rentals Inc. 1.75% 14,060 $11.3M No change
SNPS Synopsys Inc. 1.68% 21,054 $10.9M No change
PCOR Procore Technologies Inc. 1.49% 155,373 $9.6M No change
P Everpure Inc. Class A filed as PURE STORAGE INC 1.47% 187,874 $9.5M No change
ISRG Intuitive Surgical Inc. 1.43% 18,945 $9.2M No change
VEEV Veeva Systems Inc. Class A 1.31% 40,273 $8.4M No change
DUOL Duolingo 1.22% 28,184 $7.8M No change
GOOGL Alphabet Inc. Class A 1.21% 47,803 $7.8M No change
VRT Vertiv Holdings Co. Class A 1.20% 76,651 $7.7M No change
CLH Clean Harbors Inc. 1.19% 31,437 $7.6M No change
TSM Taiwan Semiconductor-SP ADR 1.17% 40,524 $7.6M No change
SNOW Snowflake Inc. 1.11% 63,637 $7.2M No change
GTLB Gitlab Inc. Class A 1.07% 133,668 $6.9M No change
DE Deere & Co. 1.01% 15,835 $6.5M No change
VRSK Verisk Analytics Inc. 0.99% 24,085 $6.4M No change
JPM JPMorgan Chase & Co. 0.95% 29,164 $6.1M No change
WAB Wabtec Corp. 0.95% 33,558 $6.1M No change
PANW Palo Alto Networks Inc. 0.91% 17,365 $5.9M No change
PWR Quanta Services Inc. 0.89% 19,455 $5.8M No change
S Sentinelone Inc. Class A 0.77% 207,688 $5.0M No change
AAPL Apple Inc. 0.76% 21,479 $4.9M No change
DAR Darling Ingredients Inc. 0.74% 130,096 $4.7M No change
OC Owens Corning 0.57% 20,947 $3.6M No change
NEE Nextera Energy Inc. 0.56% 42,889 $3.6M No change
CFLT Confluent Inc. Class A 0.54% 177,319 $3.5M No change
AWK American Water Works Co. Inc. 0.52% 23,553 $3.4M No change
QGEN Qiagen N.V. 0.51% 64,024 $3.3M No change
ON On Semiconductor 0.51% 44,450 $3.3M No change
COHR Coherent Corp. 0.49% 34,374 $3.2M No change
CRWD CrowdStrike Holdings Inc. Class A 0.47% 10,854 $3.1M No change
RSG Republic Services Inc. 0.43% 13,884 $2.8M No change
MTZ Mastec Inc. 0.43% 22,437 $2.8M No change
ANET Arista Networks Inc. 0.42% 7,039 $2.7M No change
AYI Acuity Inc. 0.32% 7,669 $2.1M No change
FSLR First Solar Inc. 0.22% 5,544 $1.4M No change
CSL Carlisle Cos Inc. 0.20% 3,000 $1.3M No change
ALAB Astera Labs Inc. 0.15% 17,231 $943K No change
DDOG Datadog Inc. Class A 0.12% 6,700 $765K No change
WFG West Fraser Timber Co. Ltd. 0.10% 6,500 $620K No change
DLR Digital Realty Trust Inc. 0.07% 500,000 $467K No change
TAN Invesco Solar ETF 0.04% 6,500 $273K No change
CQQQ Invesco China Technology ETF 0.04% 6,100 $233K No change
AMZN Amazon.com Inc. 0.01% 300 $57K No change
NXT Nextpower Inc. filed as NEXTRACKER INC 0.00% 700 $6K No change

Portfolio Sells Q1 2025 → Q2 2025
ACN Accenture PLC Class A Sold out 0.00% −2.89
AMD Advanced Micro Devices Sold out 0.00% −1.62
INTU Intuit Inc. Sold out 0.00% −1.52
ADI Analog Devices Inc. Sold out 0.00% −1.41
AMAT Applied Materials Inc. Sold out 0.00% −0.66
XYL Xylem Inc. Sold out 0.00% −0.49
BABA Alibaba Group Holding-SP ADR Sold out 0.00% −0.04
BIDU Baidu Inc. - Spon ADR Sold out 0.00% −0.01
RUN Sunrun Inc. Sold out 0.00% −0.00

Portfolio Buys Q1 2025 → Q2 2025
None this quarter.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 72$931.6MMU, NVDA, MSFT, AVGO, AMD
Q1 2026 73$718.0MMSFT, NVDA, WCN, AZN, WDAY
Q4 2025 65$604.5MMSFT, WCN, WDAY, NOW, ACN
Q3 2025 63$600.9MMSFT, NVDA, WCN, WDAY, NOW
Q2 2025 64$644.4MMSFT, NVDA, WCN, WDAY, NOW
Q1 2025 73$704.6MMSFT, NVDA, WCN, WDAY, NOW
Q4 2024 73$701.3MMSFT, NVDA, WCN, WDAY, NOW
Q3 2024 70$602.5MNVDA, MSFT, NOW, SW, AVGO
Q2 2024 68$568.5MMSFT, NVDA, LLY, NOW, AMD
Q1 2024 68$457.4MMSFT, NVDA, NOW, AMD, INTU