Spinecap SAS

All Holdings — 2026 Q1

AI Portfolio Summary
In 2026 Q1, Spinecap SAS maintained a portfolio of 18 distinct positions. The most significant new addition to the portfolio was MICROSOFT CORP, which now represents 11.50% of the total fund value. They heavily accumulated shares in APOLLO GLOBAL MGMT I, increasing their position by 89.3%. Conversely, Spinecap SAS completely exited their position in APPLIED MATLS INC.
PCA Score Concentration Risk
Risk ENB
Total Positions
18
Quarter
2026 Q1
Top Holding
APO (13.3%)
Top 10 Concentration
82.5%
Turnover Rate
23.4%
Sector HHI
0.18
Items per page:
Showing 1-18 of 18
Stock History Sector / Type Port % Prev % Rank / Prev Conviction Change % Change Influence Shares Mkt Value Avg Cost Price Held 1st Owned Source Source Date Date Reported
APO
APOLLO GLOBAL M...
Financial Services 13.27% 10.06% #1 3
Prev: #4
9.0 153,074 89.3%
P
S
324,580 $36,164,703
$111.69 -4.2%
$111.42 -3.9%
2023 Q4 13F Filing 2026-03-31 2026-05-15
MA
MASTERCARD INC
Financial Services 13.25% 4.39% #2 9
Prev: #11
8.5 54,722 311.8%
P
S
72,272 $36,111,427
$515.86 -4.5%
$498.80 -1.2%
2025 Q4 13F Filing 2026-03-31 2026-05-15
TMO
THERMO FISHER S...
Healthcare 12.54% 15.68% #3 1
Prev: #2
5.5 -3,936 -5.4%
P
S
69,508 $34,165,267
$578.88 -15.1%
$491.53 -0.0%
2025 Q4 13F Filing 2026-03-31 2026-05-15
GOOGL
ALPHABET INC
Communication Services 11.74% 16.69% #4 3
Prev: #1
4.5 -44,666 -28.6%
P
S
111,279 $31,999,389 2023 Q4 13F Filing 2026-03-31 2026-05-15
MSFT
MICROSOFT CORP
Technology 11.50% #5
Prev: #—
8.0 84,648 no change
NEW
84,648 $31,334,150 2023 Q4 13F Filing 2026-03-31 2026-05-15
KKR
KKR & CO INC
Financial Services 5.44% #6
Prev: #—
5.7 160,400 no change
NEW
160,400 $14,837,000 2023 Q4 13F Filing 2026-03-31 2026-05-15
BX
BLACKSTONE INC
Financial Services 3.82% 4.89% #7 1
Prev: #6
4.0 25,478 39.2%
P
S
90,534 $10,410,504 2025 Q4 13F Filing 2026-03-31 2026-05-15
AMZN
AMAZON COM INC
Consumer Cyclical 3.68% 4.26% #8 4
Prev: #12
3.5 4,057 9.2%
P
S
48,110 $10,019,869 2023 Q4 13F Filing 2026-03-31 2026-05-15
BLK
BLACKROCK INC
Financial Services 3.65% 4.82% #9 2
Prev: #7
3.5 948 10.1%
P
S
10,336 $9,940,234 2025 Q4 13F Filing 2026-03-31 2026-05-15
AVGO
BROADCOM INC
Technology 3.63% 4.59% #10 1
Prev: #9
2.0 372 1.2%
P
S
31,997 $9,903,391 2025 Q4 13F Filing 2026-03-31 2026-05-15
TDG
TRANSDIGM GROUP...
Industrials 3.60% 4.25% #11 2
Prev: #13
3.4 1,144 15.6%
P
S
8,466 $9,811,755 2025 Q4 13F Filing 2026-03-31 2026-05-15
ICE
INTERCONTINENTA...
Financial Services 3.52% #12
Prev: #—
4.9 60,942 no change
NEW
60,942 $9,584,957 2026 Q1 13F Filing 2026-03-31 2026-05-15
V
VISA INC
Financial Services 3.47% #13
Prev: #—
4.9 31,300 no change
NEW
31,300 $9,460,112 2026 Q1 13F Filing 2026-03-31 2026-05-15
SNPS
SYNOPSYS INC
Technology 3.44% #14
Prev: #—
4.9 23,666 no change
NEW
23,666 $9,383,095 2026 Q1 13F Filing 2026-03-31 2026-05-15
DHR
DANAHER CORP
Healthcare 3.44% 4.59% #15 5
Prev: #10
1.9 -3,229 -6.1%
P
S
49,425 $9,370,980 2025 Q4 13F Filing 2026-03-31 2026-05-15
AMAT
APPLIED MATLS I...
Technology 0.00% 4.77%
Sold All 😨
(Was: #8)
0.0 -52,899 -100.0%
CLOSED
$— 2025 Q4 13F Filing 2026-03-31 2026-05-15
URI
UNITED RENTALS ...
Industrials 0.00% 5.38%
Sold All 😨
(Was: #5)
0.0 -12,791 -100.0%
CLOSED
$— 2025 Q4 13F Filing 2026-03-31 2026-05-15
LRCX
LAM RESEARCH CO...
Technology 0.00% 15.62%
Sold All 😨
(Was: #3)
0.0 -265,049 -100.0%
CLOSED
$— 2023 Q4 13F Filing 2026-03-31 2026-05-15
Showing 1-18 of 18 holdings

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