In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 16, 2025), Trium Capital LLP reported 48 stock positions worth $254.9 million . Its top holding was Mr Cooper (COOP) at 15.5% of the portfolio, followed by Xtrackers Harvest Csi 300 CH (ASHR, 12.5% ) and Kranesh Csi China Internet (KWEB, 12.0% ). Compared with Q2 2025, it opened 18 new positions, sold out of 23, added to 21 and reduced 9. The biggest buy was a new position in Mr Cooper (COOP) and the biggest sale an exit from iShares MSCI Canada ETF (EWC).
Location LONDON, X0
CIK 0001963860
Portfolio Value $254.9M (Q3 2025) Holdings 48 stocks · $254.9M Holdings quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock % Of Portfolio ▼ Shares Held Total Value Change vs Q2 2025 COOP Mr Cooper Group Inc. 187,201 $39.5M New ASHR Xtrackers Harvest Csi 300 CH 968,917 $32.0M New KWEB Kranesh Csi China Internet 727,761 $30.6M Reduce -17.3% ACI Albertsons Cos Inc. Class A 1,194,772 $20.9M Reduce -20.1% EWW iShares MSCI Mexico ETF 280,541 $19.1M Add +110.3% EWY iShares MSCI South Korea ETF 204,365 $16.4M Reduce -45.5% EWZ iShares MSCI Brazil ETF 487,829 $15.1M Reduce -49.9% ALMS Alumis Inc. 3,122,111 $12.5M Add +17.9% VRNA Verona Pharma Ltd. 99,837 $10.7M New EEM iShares MSCI Emerging Market 190,701 $10.2M New TASK Taskus Inc. Class A 404,207 $7.2M New QTRX Quanterix Corp. 688,597 $3.7M Add +17.4% FSLR First Solar Inc. 12,402 $2.7M Add +892.2% OC Owens Corning 18,392 $2.6M Add +81.2% NVT Nvent Electric PLC 25,863 $2.6M Add +33.4% SATX Satixfy Communications Ltd. 780,316 $2.3M Reduce -3.6% BLD Topbuild Corp. 4,906 $1.9M Add +79.6% WM Waste Management Inc. 8,154 $1.8M Add +35.2% RSG Republic Services Inc. 7,824 $1.8M Add +92.0% XYL Xylem Inc. 11,913 $1.8M Add +53.2% VLTO Veralto Corp. 16,426 $1.8M Add +53.0% AYI Acuity Inc. 4,287 $1.5M Add +20.7% PNR Pentair PLC 12,533 $1.4M New NEE Nextera Energy Inc. 18,000 $1.4M Add +102.3% LIN Linde PLC 2,770 $1.3M Add +6.0% WAB Wabtec Corp. 6,063 $1.2M Reduce -27.8% THTX Theratechnologies Inc. 318,830 $1.1M New ENS Enersys 8,105 $916K Add +138.6% DAR Darling Ingredients Inc. 28,218 $871K New WY Weyerhaeuser Co. 34,906 $865K Add +79.6% ZTS Zoetis Inc. 5,863 $858K New WTS Watts Water Technologies-A 2,599 $726K New CNH CNH Industrial NV 66,305 $719K Add +71.5% SHLS Shoals Technologies Group -A 87,619 $649K New GBX Greenbrier Companies Inc. 13,966 $645K Add +293.2% TT Trane Technologies PLC 1,489 $628K Reduce -49.1% CWEN.A Clearway Energy Inc. Class A 21,646 $583K Add +58.6% BSY Bentley Systems Inc. Class B 9,665 $498K Add +88.3% TTEK Tetra Tech Inc. 13,672 $456K Add +44.2% PRIM Primoris Services Corp. 3,260 $448K New CNM Core & Main Inc. Class A 6,936 $373K New ITRI Itron Inc. 2,768 $345K Reduce -41.3% BHM Bluerock Homes Trust Inc. 23,657 $283K Reduce -13.6% SCPH Scpharmaceuticals Inc. 32,710 $185K New KDP Keurig Dr Pepper Inc. 10 $255 New APO Apollo Global Management Inc. 1 $133 New SLB SLB Ltd. filed as SCHLUMBERGER LTD 2 $69 New RKT Rocket Cos Inc. Class A 1 $19 New
Options reported separately and not counted above: SPY puts ($556K), LQD puts ($146K), YPF calls ($111K), HYG puts ($69K).
Portfolio Sells Q2 2025 → Q3 2025 Portfolio Sells quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q2 2025 % Of Portfolio Change To Portfolio ▲ EWC iShares MSCI Canada ETF Sold out 0.00% −17.86 SWTX Springworks Therapeutics Inc. Sold out 0.00% −9.21 BPMC Blueprint Medicines Corp. Sold out 0.00% −7.66 AGS Playags Inc. Sold out 0.00% −5.80 ANSS Ansys Inc. Sold out 0.00% −3.63 VNM Vaneck Vietnam ETF Sold out 0.00% −3.39 INZY Inozyme Pharma Inc. Sold out 0.00% −3.16 FXI iShares China Large-Cap ETF Sold out 0.00% −2.11 RDFN Redfin Corp. Sold out 0.00% −2.05 CHX Championx Corp. Sold out 0.00% −1.95 EWZ iShares MSCI Brazil ETF Reduce -49.9% 5.93% −1.06 EQX Equinox Gold Corp. Sold out 0.00% −0.94 NVEE NV5 Global Inc. Sold out 0.00% −0.94 ICAD Icad Inc. Sold out 0.00% −0.53 THD iShares MSCI Thailand ETF Sold out 0.00% −0.52 EWY iShares MSCI South Korea ETF Reduce -45.5% 6.42% −0.28 WCN Waste Connections Inc. Sold out 0.00% −0.25 AKYA Akoya Biosciences Inc. Sold out 0.00% −0.20 HLVX Hillevax Inc. Sold out 0.00% −0.20 EMR Emerson Electric Co. Sold out 0.00% −0.15 WMS Advanced Drainage Systems Inc. Sold out 0.00% −0.11 GEV GE Vernova Inc. Sold out 0.00% −0.08 TT Trane Technologies PLC Reduce -49.1% 0.25% −0.07 NXT Nextpower Inc. Sold out 0.00% −0.05 ITRI Itron Inc. Reduce -41.3% 0.14% −0.02 ESSA Essa Bancorp Inc. Sold out 0.00% −0.00 GNTY Guaranty Bancshares Inc. Sold out 0.00% 0.00 BHM Bluerock Homes Trust Inc. Reduce -13.6% 0.11% +0.03 WAB Wabtec Corp. Reduce -27.8% 0.48% +0.04 ACI Albertsons Cos Inc. Class A Reduce -20.1% 8.21% +0.20 SATX Satixfy Communications Ltd. Reduce -3.6% 0.91% +0.32 KWEB Kranesh Csi China Internet Reduce -17.3% 11.99% +4.48
Portfolio Buys Q2 2025 → Q3 2025 Portfolio Buys quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q2 2025 % Of Portfolio Change To Portfolio ▼ COOP Mr Cooper Group Inc. New 15.48% +15.48 ASHR Xtrackers Harvest Csi 300 CH New 12.54% +12.54 EWW iShares MSCI Mexico ETF Add +110.3% 7.51% +5.50 VRNA Verona Pharma Ltd. New 4.18% +4.18 EEM iShares MSCI Emerging Market New 4.00% +4.00 ALMS Alumis Inc. Add +17.9% 4.89% +2.91 TASK Taskus Inc. Class A New 2.83% +2.83 FSLR First Solar Inc. Add +892.2% 1.07% +1.02 OC Owens Corning Add +81.2% 1.02% +0.67 NVT Nvent Electric PLC Add +33.4% 1.00% +0.65 PNR Pentair PLC New 0.54% +0.54 BLD Topbuild Corp. Add +79.6% 0.75% +0.53 QTRX Quanterix Corp. Add +17.4% 1.47% +0.50 RSG Republic Services Inc. Add +92.0% 0.70% +0.45 XYL Xylem Inc. Add +53.2% 0.69% +0.44 THTX Theratechnologies Inc. New 0.42% +0.42 VLTO Veralto Corp. Add +53.0% 0.69% +0.42 NEE Nextera Energy Inc. Add +102.3% 0.53% +0.38 WM Waste Management Inc. Add +35.2% 0.71% +0.36 DAR Darling Ingredients Inc. New 0.34% +0.34 ZTS Zoetis Inc. New 0.34% +0.34 AYI Acuity Inc. Add +20.7% 0.58% +0.32 ENS Enersys Add +138.6% 0.36% +0.29 WTS Watts Water Technologies-A New 0.28% +0.28 SHLS Shoals Technologies Group -A New 0.25% +0.25 WY Weyerhaeuser Co. Add +79.6% 0.34% +0.22 GBX Greenbrier Companies Inc. Add +293.2% 0.25% +0.21 LIN Linde PLC Add +6.0% 0.52% +0.21 PRIM Primoris Services Corp. New 0.18% +0.18 CNH CNH Industrial NV Add +71.5% 0.28% +0.16 CNM Core & Main Inc. Class A New 0.15% +0.15 BSY Bentley Systems Inc. Class B Add +88.3% 0.20% +0.13 CWEN.A Clearway Energy Inc. Class A Add +58.6% 0.23% +0.13 TTEK Tetra Tech Inc. Add +44.2% 0.18% +0.09 SCPH Scpharmaceuticals Inc. New 0.07% +0.07 APO Apollo Global Management Inc. New 0.00% +0.00 KDP Keurig Dr Pepper Inc. New 0.00% +0.00 RKT Rocket Cos Inc. Class A New 0.00% 0.00 SLB SLB Ltd. New 0.00% 0.00
Options Activity Q2 2025 → Q3 2025 Security Type Change vs Q2 2025 Underlying Shares Value ▼ SPY SS SPDR S&P 500 ETF Trust-US put Reduce -48.9% 340,900 $556K LQD Ishr Ibx Usd Invgd CB ETF-Ui put New 1,120,000 $146K YPF YPF S.A.-Sponsored ADR call New 917,100 $111K XLI SS Industrial Select Sector put Sold out 173,500 $98Kbefore exit HYG Ishr Ibx Usd Hiyld CB ETF-Ui put New 1,296,200 $69K NVDA Nvidia Corp. put Sold out 30,000 $2Kbefore 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