In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 15, 2025), Triavera Capital LLC reported 19 stock positions worth $162.7 million . Its top holding was Amazon.com (AMZN) at 8.2% of the portfolio, followed by Philip Morris International (PM, 7.6% ) and Booking (BKNG, 7.0% ). Compared with Q4 2024, it opened 1 new position, added to 9 and reduced 5. The biggest buy was a new position in Roblox Class A (RBLX) and the biggest sale Motorola Solutions (MSI, shares −57% ).
Location LARKSPUR, CA
CIK 0002011325
Portfolio Value $162.7M (Q1 2025) Holdings 19 stocks · $162.7M Holdings quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024
Stock % Of Portfolio ▼ Shares Held Total Value Change vs Q4 2024 AMZN Amazon.com Inc. 69,765 $13.3M No change PM Philip Morris International 78,077 $12.4M Add +5.2% BKNG Booking Holdings Inc. 2,462 $11.3M Add +13.7% ICE Intercontinental Exchange Inc. 64,358 $11.1M Reduce -5.4% KKR KKR & Co. Inc. 92,938 $10.7M Add +4.9% GOOGL Alphabet Inc. Class A 67,990 $10.5M No change SPGI S&P Global Inc. 20,409 $10.4M Reduce -5.3% META Meta Platforms Inc. Class A 16,713 $9.6M No change TSM Taiwan Semiconductor-SP ADR 57,233 $9.5M Add +10.1% SSNC Ss&c Technologies Holdings 110,870 $9.3M Add +1.4% TKO Tko Group Holdings Inc. 59,127 $9.0M Reduce -7.2% CPRT Copart Inc. 155,272 $8.8M Add +1.3% DIS The Walt Disney Co. filed as DISNEY WALT CO 83,605 $8.3M Add +15.7% FERG Ferguson Enterprises Inc. 50,459 $8.1M Add +29.5% CRM Salesforce Inc. 24,073 $6.5M Add +6.7% RBLX Roblox Corp. Class A 105,299 $6.1M New DHR Danaher Corp. 23,421 $4.8M Reduce -35.3% MSI Motorola Solutions Inc. 6,826 $3.0M Reduce -57.1% GOOG Alphabet Inc. Class C 282 $44K No change
Options reported separately and not counted above: QQQ puts ($11.7M).
Portfolio Sells Q4 2024 → Q1 2025 Portfolio Sells quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024
Stock Change vs Q4 2024 % Of Portfolio Change To Portfolio ▲ MSI Motorola Solutions Inc. Reduce -57.1% 1.84% −2.59 DHR Danaher Corp. Reduce -35.3% 2.95% −2.05 SPGI S&P Global Inc. Reduce -5.3% 6.37% −0.09 TKO Tko Group Holdings Inc. Reduce -7.2% 5.55% +0.10 ICE Intercontinental Exchange Inc. Reduce -5.4% 6.82% +0.72
Portfolio Buys Q4 2024 → Q1 2025 Portfolio Buys quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024
Stock Change vs Q4 2024 % Of Portfolio Change To Portfolio ▼ RBLX Roblox Corp. Class A New 3.77% +3.77 PM Philip Morris International Add +5.2% 7.62% +2.24 FERG Ferguson Enterprises Inc. Add +29.5% 4.97% +0.90 SSNC Ss&c Technologies Holdings Add +1.4% 5.69% +0.70 BKNG Booking Holdings Inc. Add +13.7% 6.97% +0.49 DIS The Walt Disney Co. Add +15.7% 5.07% +0.23 CPRT Copart Inc. Add +1.3% 5.40% +0.10 TSM Taiwan Semiconductor-SP ADR Add +10.1% 5.84% −0.34 CRM Salesforce Inc. Add +6.7% 3.97% −0.57 KKR KKR & Co. Inc. Add +4.9% 6.60% −1.29
Options Activity Q4 2024 → Q1 2025 Security Type Change vs Q4 2024 Underlying Shares Value ▼ SPY SS SPDR S&P 500 ETF Trust-US put Sold out 30,000 $17.6Mbefore exit QQQ Invesco QQQ Trust Series 1 put New 25,000 $11.7M
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings Quarter Positions 13F Reported Value Top Holdings Q2 2026 15 $183.8M TSM, AMZN, GOOGL, META, TKO Q1 2026 16 $167.3M AMZN, TSM, GOOGL, TKO, META Q4 2025 18 $209.2M AMZN, TSM, RKT, TKO, GOOGL Q3 2025 19 $205.5M AMZN, TSM, KKR, TKO, SSNC Q2 2025 18 $189.8M AMZN, KKR, TSM, BKNG, RBLX Q1 2025 19 $162.7M AMZN, PM, BKNG, ICE, KKR Q4 2024 18 $166.1M AMZN, KKR, GOOGL, BKNG, SPGI