Trium Capital LLP
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 14, 2024), Trium Capital LLP reported 69 stock positions worth $266.6 million. Its top holding was Kranesh Csi China Internet (KWEB) at 8.9% of the portfolio, followed by Neogames (NGMS, 7.3%) and Pioneer Natural Resources (PXD, 7.2%). Compared with Q4 2023, it opened 17 new positions, sold out of 13, added to 33 and reduced 15. The biggest buy was a new position in Neogames (NGMS) and the biggest sale an exit from Rivian Automotive.
- Most Recent 13F
- Q2 2026
- Location
- LONDON, X0
- CIK
- 0001963860
- Portfolio Value
- $266.6M (Q1 2024)
- SEC Filing
- 0001963860-24-000006 ↗ filed May 14, 2024
Holdings Value
Holdings 69 stocks · $266.6M
| KWEB Kranesh Csi China Internet | 8.88% | 901,790 | $23.7M | Add +74.7% |
| NGMS Neogames SA | 7.32% | 673,445 | $19.5M | New |
| PXD Pioneer Natural Resources Co. | 7.25% | 73,623 | $19.3M | New |
| FXI iShares China Large-Cap ETF | 5.82% | 644,853 | $15.5M | Add +74.7% |
| KAMN Kaman Corp. | 4.07% | 236,689 | $10.9M | New |
| TCN Tricon Residential Inc. | 4.04% | 966,193 | $10.8M | New |
| ABT Abbott Laboratories | 3.50% | 82,067 | $9.3M | Reduce -9.9% |
| OTIS Otis Worldwide Corp. | 3.37% | 90,408 | $9.0M | Reduce -4.9% |
| VNM Vaneck Vietnam ETF | 3.22% | 617,874 | $8.6M | Add +106.3% |
| DSKE Daseke Inc. | 3.15% | 1,012,428 | $8.4M | New |
| UNH Unitedhealth Group Inc. | 2.93% | 15,814 | $7.8M | Add +18.2% |
| MCO Moody's Corp. | 2.66% | 18,063 | $7.1M | Add +20.9% |
| SYK Stryker Corp. | 2.54% | 18,913 | $6.8M | Reduce -13.7% |
| ECL Ecolab Inc. | 2.44% | 28,194 | $6.5M | Reduce -6.1% |
| CME Cme Group Inc. | 2.44% | 30,213 | $6.5M | Add +2.9% |
| MA Mastercard Inc. Class A | 2.40% | 13,269 | $6.4M | Reduce -13.3% |
| GGG Graco Inc. | 1.94% | 55,346 | $5.2M | Reduce -30.4% |
| LOW Lowe's Cos Inc. | 1.86% | 19,454 | $5.0M | Reduce -4.2% |
| VLTO Veralto Corp. | 1.83% | 55,159 | $4.9M | Add +1.4% |
| ACN Accenture PLC Class A | 1.61% | 12,408 | $4.3M | Reduce -29.8% |
| CTSH Cognizant Tech Solutions-A | 1.61% | 58,449 | $4.3M | Add +13.0% |
| XYL Xylem Inc. | 1.59% | 32,720 | $4.2M | Add +12.3% |
| ADBE Adobe Inc. | 1.58% | 8,372 | $4.2M | Reduce -5.4% |
| ROL Rollins Inc. | 1.41% | 81,010 | $3.7M | Reduce -8.8% |
| WH Wyndham Hotels & Resorts Inc. | 1.36% | 47,100 | $3.6M | New |
| NKE Nike Inc. Class B | 1.34% | 38,126 | $3.6M | Add +58.4% |
| V Visa Inc. Class A | 1.19% | 11,392 | $3.2M | Reduce -4.1% |
| LYV Live Nation Entertainment Inc. | 1.15% | 29,023 | $3.1M | Add +11.5% |
| TGS Transportador Gas-ADR SP B | 1.11% | 195,855 | $3.0M | Add +45.5% |
| SHOP Shopify Inc. Class A | 0.93% | 32,236 | $2.5M | Add +12.6% |
| ULTA Ulta Beauty Inc. | 0.92% | 4,693 | $2.5M | Reduce -43.5% |
| PAM Pampa Energia SA-Spon ADR | 0.87% | 53,600 | $2.3M | Add +279.4% |
| THD iShares MSCI Thailand ETF | 0.75% | 34,379 | $2.0M | Add +19.5% |
| RSG Republic Services Inc. | 0.68% | 9,450 | $1.8M | Add +40.5% |
| CEPU Central Puerto-Sponsored ADR | 0.63% | 183,512 | $1.7M | Add +45.5% |
| SSYS Stratasys Ltd. | 0.62% | 142,896 | $1.7M | New |
| LIN Linde PLC | 0.62% | 3,565 | $1.7M | Add +72.9% |
| NGM NGM Biopharmaceuticals Inc. | 0.58% | 977,965 | $1.6M | New |
| CNM Core & Main Inc. Class A | 0.56% | 25,956 | $1.5M | Add +51.6% |
| TT Trane Technologies PLC | 0.54% | 4,835 | $1.5M | Add +8.2% |
| EL Estee Lauder Companies Class A filed as LAUDER ESTEE COS INC | 0.54% | 9,328 | $1.4M | Add +3.8% |
| OC Owens Corning | 0.50% | 7,962 | $1.3M | Add +109.4% |
| NEE Nextera Energy Inc. | 0.49% | 20,378 | $1.3M | Add +44.0% |
| FSLR First Solar Inc. | 0.49% | 7,708 | $1.3M | Add +93.1% |
| SPGI S&P Global Inc. | 0.47% | 2,952 | $1.3M | New |
| WM Waste Management Inc. | 0.44% | 5,527 | $1.2M | Add +54.0% |
| SCTL Societal Cdmo Inc. | 0.41% | 1,003,666 | $1.1M | New |
| NXT Nextpower Inc. filed as NEXTRACKER INC | 0.36% | 16,960 | $954K | New |
| SBS Cia Saneamento Basico DE-ADR filed as COMPANHIA DE SANEAMENTO BASI | 0.34% | 54,340 | $915K | Add +32.2% |
| WAB Wabtec Corp. | 0.33% | 6,063 | $883K | Add +190.5% |
| YPF YPF S.A.-Sponsored ADR filed as YPF SOCIEDAD ANONIMA | 0.31% | 42,072 | $833K | Reduce -56.6% |
| BLD Topbuild Corp. | 0.28% | 1,680 | $740K | New |
| CIG Cia Energetica DE-Spon ADR | 0.23% | 246,264 | $608K | Reduce -83.1% |
| ETN Eaton Corp. PLC | 0.23% | 1,929 | $603K | New |
| ELP Companhia Paranaense DE Ener | 0.20% | 69,999 | $540K | Add +69899.0% |
| DAR Darling Ingredients Inc. | 0.19% | 11,117 | $517K | Add +21.0% |
| AYI Acuity Inc. | 0.19% | 1,885 | $507K | Add +1.3% |
| NVT Nvent Electric PLC | 0.16% | 5,546 | $418K | New |
| BHM Bluerock Homes Trust Inc. | 0.15% | 23,657 | $401K | No change |
| KNTE Kinnate Biopharma Inc. | 0.12% | 117,456 | $312K | New |
| CDLR Cadeler A/S-ADR | 0.08% | 11,727 | $213K | Add +79.0% |
| WIRE Encore Wire Corp. | 0.08% | 807 | $212K | Add +11428.6% |
| WMS Advanced Drainage Systems Inc. | 0.05% | 700 | $121K | Reduce -62.0% |
| SN Sharkninja Inc. | 0.04% | 1,757 | $109K | Add +75.7% |
| IVPAF Ivanhoe Mines Ltd. Class A | 0.00% | 182 | $2K | New |
| RDUS Radius Recycling Inc. Class A | 0.00% | 37 | $1K | New |
| GOLDEN OCEAN GROUP LTD | 0.00% | 100 | $1K | No change |
| ELPC Cia Paranaense DE Ener-ADR filed as COMPANHIA PARANAENSE DE ENER | 0.00% | 25 | $0 | No change |
| SBSW Sibanye-Stillwater Ltd.-ADR | 0.00% | 100 | $0 | No change |
Options reported separately and not counted above: MOR puts ($212K), VZIO calls ($148K).
Portfolio Sells Q4 2023 → Q1 2024
| RIVIAN AUTOMOTIVE INC | Sold out | 0.00% | −24.62 |
| CHS Chico's Fas Inc. | Sold out | 0.00% | −4.36 |
| ANSS Ansys Inc. | Sold out | 0.00% | −2.60 |
| DISH NETWORK CORP (DISH 2.375 03/15/24) | Sold out | 0.00% | −2.10 |
| PALO ALTO NETWORKS (PANW 0.375 06/01/25) | Sold out | 0.00% | −1.90 |
| CIG Cia Energetica DE-Spon ADR | Reduce -83.1% | 0.23% | −1.13 |
| ACN Accenture PLC Class A | Reduce -29.8% | 1.61% | −0.87 |
| GGG Graco Inc. | Reduce -30.4% | 1.94% | −0.82 |
| ULTA Ulta Beauty Inc. | Reduce -43.5% | 0.92% | −0.71 |
| CRC California Resources Corp. | Sold out | 0.00% | −0.64 |
| ADBE Adobe Inc. | Reduce -5.4% | 1.58% | −0.53 |
| ABT Abbott Laboratories | Reduce -9.9% | 3.50% | −0.52 |
| YPF YPF S.A.-Sponsored ADR | Reduce -56.6% | 0.31% | −0.35 |
| MA Mastercard Inc. Class A | Reduce -13.3% | 2.40% | −0.22 |
| WCN Waste Connections Inc. | Sold out | 0.00% | −0.20 |
| AWK American Water Works Co. Inc. | Sold out | 0.00% | −0.16 |
| ROL Rollins Inc. | Reduce -8.8% | 1.41% | −0.15 |
| DE Deere & Co. | Sold out | 0.00% | −0.13 |
| CNH CNH Industrial NV | Sold out | 0.00% | −0.13 |
| SYK Stryker Corp. | Reduce -13.7% | 2.54% | −0.09 |
| ARRY Array Technologies Inc. | Sold out | 0.00% | −0.09 |
| FLNC Fluence Energy Inc. | Sold out | 0.00% | −0.07 |
| WMS Advanced Drainage Systems Inc. | Reduce -62.0% | 0.05% | −0.06 |
| V Visa Inc. Class A | Reduce -4.1% | 1.19% | −0.05 |
| OTIS Otis Worldwide Corp. | Reduce -4.9% | 3.37% | −0.04 |
| EFC Ellington Financial Inc. | Sold out | 0.00% | −0.00 |
| LOW Lowe's Cos Inc. | Reduce -4.2% | 1.86% | +0.05 |
| ECL Ecolab Inc. | Reduce -6.1% | 2.44% | +0.06 |
Portfolio Buys Q4 2023 → Q1 2024
| NGMS Neogames SA | New | 7.32% | +7.32 |
| PXD Pioneer Natural Resources Co. | New | 7.25% | +7.25 |
| KAMN Kaman Corp. | New | 4.07% | +4.07 |
| TCN Tricon Residential Inc. | New | 4.04% | +4.04 |
| KWEB Kranesh Csi China Internet | Add +74.7% | 8.88% | +3.30 |
| DSKE Daseke Inc. | New | 3.15% | +3.15 |
| FXI iShares China Large-Cap ETF | Add +74.7% | 5.82% | +2.27 |
| VNM Vaneck Vietnam ETF | Add +106.3% | 3.22% | +1.67 |
| WH Wyndham Hotels & Resorts Inc. | New | 1.36% | +1.36 |
| SSYS Stratasys Ltd. | New | 0.62% | +0.62 |
| PAM Pampa Energia SA-Spon ADR | Add +279.4% | 0.87% | +0.59 |
| NGM NGM Biopharmaceuticals Inc. | New | 0.58% | +0.58 |
| SPGI S&P Global Inc. | New | 0.47% | +0.47 |
| SCTL Societal Cdmo Inc. | New | 0.41% | +0.41 |
| NXT Nextpower Inc. | New | 0.36% | +0.36 |
| MCO Moody's Corp. | Add +20.9% | 2.66% | +0.33 |
| NKE Nike Inc. Class B | Add +58.4% | 1.34% | +0.30 |
| TGS Transportador Gas-ADR SP B | Add +45.5% | 1.11% | +0.30 |
| LIN Linde PLC | Add +72.9% | 0.62% | +0.28 |
| CNM Core & Main Inc. Class A | Add +51.6% | 0.56% | +0.28 |
| BLD Topbuild Corp. | New | 0.28% | +0.28 |
| OC Owens Corning | Add +109.4% | 0.50% | +0.27 |
| XYL Xylem Inc. | Add +12.3% | 1.59% | +0.25 |
| RSG Republic Services Inc. | Add +40.5% | 0.68% | +0.23 |
| ETN Eaton Corp. PLC | New | 0.23% | +0.23 |
| WAB Wabtec Corp. | Add +190.5% | 0.33% | +0.23 |
| FSLR First Solar Inc. | Add +93.1% | 0.49% | +0.21 |
| ELP Companhia Paranaense DE Ener | Add +69899.0% | 0.20% | +0.20 |
| WM Waste Management Inc. | Add +54.0% | 0.44% | +0.18 |
| LYV Live Nation Entertainment Inc. | Add +11.5% | 1.15% | +0.18 |
| CEPU Central Puerto-Sponsored ADR | Add +45.5% | 0.63% | +0.17 |
| NVT Nvent Electric PLC | New | 0.16% | +0.16 |
| NEE Nextera Energy Inc. | Add +44.0% | 0.49% | +0.14 |
| KNTE Kinnate Biopharma Inc. | New | 0.12% | +0.12 |
| UNH Unitedhealth Group Inc. | Add +18.2% | 2.93% | +0.11 |
| TT Trane Technologies PLC | Add +8.2% | 0.54% | +0.11 |
| SBS Cia Saneamento Basico DE-ADR | Add +32.2% | 0.34% | +0.09 |
| WIRE Encore Wire Corp. | Add +11428.6% | 0.08% | +0.08 |
| CTSH Cognizant Tech Solutions-A | Add +13.0% | 1.61% | +0.04 |
| VLTO Veralto Corp. | Add +1.4% | 1.83% | +0.04 |
| SHOP Shopify Inc. Class A | Add +12.6% | 0.93% | +0.04 |
| AYI Acuity Inc. | Add +1.3% | 0.19% | +0.04 |
| CDLR Cadeler A/S-ADR | Add +79.0% | 0.08% | +0.03 |
| SN Sharkninja Inc. | Add +75.7% | 0.04% | +0.02 |
| THD iShares MSCI Thailand ETF | Add +19.5% | 0.75% | +0.02 |
| EL Estee Lauder Companies Class A | Add +3.8% | 0.54% | +0.01 |
| DAR Darling Ingredients Inc. | Add +21.0% | 0.19% | +0.01 |
| IVPAF Ivanhoe Mines Ltd. Class A | New | 0.00% | +0.00 |
| RDUS Radius Recycling Inc. Class A | New | 0.00% | +0.00 |
| CME Cme Group Inc. | Add +2.9% | 2.44% | −0.04 |
Options Activity Q4 2023 → Q1 2024
| MOR Morphosys AG ADR | put | New | 11,700 | $212K |
| VZIO Vizio Holding Corp. Class A | call | New | 13,500 | $148K |
| SIRI Sirius XM Holdings Inc. | call | Sold out | 12,100 | $66Kbefore exit |
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 | 50 | $158.7M | T, ESPR, ALMS, SPNS, ELME |
| Q1 2026 | 61 | $137.7M | T, SPNS, STKL, HOLX, OS |
| Q4 2025 | 45 | $128.7M | CIO, HOUS, ACI, ALMS, ASHR |
| Q3 2025 | 48 | $254.9M | COOP, ASHR, KWEB, ACI, EWW |
| Q2 2025 | 53 | $401.6M | EWC, SWTX, ACI, BPMC, KWEB |
| Q1 2025 | 50 | $246.3M | FNA, ACI, KWEB, ENFN, PYCR |
| Q4 2024 | 34 | $130.3M | ACI, ARCH, EWY, KWEB, VNM |
| Q3 2024 | 60 | $217.7M | KWEB, FXI, VNM, PRFT, SWN |
| Q2 2024 | 88 | $281.9M | KWEB, FXI, OLK, SLCA, VNM |
| Q1 2024 | 69 | $266.6M | KWEB, NGMS, PXD, FXI, KAMN |