Varenne Capital Partners

PARIS, I0 · CIK 1902567 · 13F filing filed 2026-08-10

Exempt reporting adviser since 2020 · other (specify)

Private funds1 (1 hedge) · $96.0m gross assets
Form ADV · 2026-06-26SEC adviser record

Legal entityVARENNE CAPITAL PARTNERS (FR)

Kindhedge funds, futures
Others nearbyParis

As an employer

Offices in1 country
Private fundshedge 1

$595.9m reported value +47.9% vs Q1 2026

26positions

73.9%in top 10

13 new 6 added 6 reduced 14 sold out vs Q1 2026

Options: 3 call positions ($5.3m notional), 1 put positions ($2.1m notional) – listed below, not included above.

Holdings, Q2 2026

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	BROADCOM INC COM AVGO	AVGO	217,265	$82.0m13.76%	13.76%	Added +207.7k	+207,709 2173.6%
2	TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS TSM	TSM	153,341	$73.2m12.28%	12.28%	Reduced -31.3k	-31,266 -16.9%
3	ARISTA NETWORKS INC COM SHS ANET	ANET	419,076	$71.1m11.94%	11.94%	Reduced -938	-938 -0.2%
4	WOODWARD INC COM WWD	WWD	86,629	$36.8m6.18%	6.18%	New
5	AMPHENOL CORP CL A APH	APH	186,110	$32.8m5.50%	5.50%	Added +743	+743 0.4%
6	ELI LILLY & CO COM LLY	LLY	26,251	$31.5m5.28%	5.28%	Added +190	+190 0.7%
7	NVIDIA CORPORATION COM NVDA	NVDA	154,959	$31.0m5.20%	5.20%	New
8	LAUDER ESTEE COS INC CL A EL	EL	355,673	$28.1m4.71%	4.71%	New
9	ANALOG DEVICES INC COM ADI	ADI	70,156	$27.8m4.67%	4.67%	Reduced -10.9k	-10,888 -13.4%
10	CBOE GLOBAL MKTS INC COM CBOE	CBOE	106,908	$25.9m4.35%	4.35%	New
11	FIVE BELOW INC COM FIVE	FIVE	140,847	$25.3m4.25%	4.25%	New
12	HERSHEY CO COM HSY	HSY	127,096	$22.3m3.74%	3.74%	New
13	GLOBUS MED INC CL A GMED	GMED	238,200	$18.8m3.16%	3.16%	Added +1.6k	+1,585 0.7%
14	GE HEALTHCARE TECHNOLOGIES I COMMON STOCK GEHC	GEHC	242,161	$15.5m2.60%	2.60%	Added +224.5k	+224,525 1273.1%
15	AMAZON COM INC COM AMZN	AMZN	61,050	$14.5m2.44%	2.44%	New
16	V F CORP COM VFC	VFC	820,157	$13.7m2.29%	2.29%	New
17	GXO LOGISTICS INCORPORATED COMMON STOCK GXO	GXO	135,089	$6.8m1.15%	1.15%	Reduced -27.7k	-27,677 -17.0%
18	MICRON TECHNOLOGY INC COM MU	MU	5,305	$6.1m1.03%	1.03%	Reduced -6.9k	-6,874 -56.4%
19	TEXTRON INC COM TXT	TXT	63,169	$5.8m0.97%	0.97%	New
20	WASTE CONNECTIONS INC COM WCN	WCN	34,303	$5.7m0.96%	0.96%	New
21	WABTEC COM WAB	WAB	20,473	$5.5m0.93%	0.93%	Added +1.3k	+1,259 6.5%
22	JOHNSON CTLS INTL PLC SHS JCI	JCI	33,223	$4.9m0.81%	0.81%	Reduced -17.1k	-17,098 -34.0%
23	ROSS STORES INC COM ROST	ROST	18,694	$4.0m0.67%	0.67%	New
24	CHART INDS INC COM GTLS	GTLS	17,874	$3.7m0.63%	0.63%	Unchanged
25	WARNER BROS DISCOVERY INC COM SER A WBD	WBD	103,500	$2.8m0.46%	0.46%	New
26	BRADY CORP CL A BRC	BRC	3,269	$299.1k0.05%	0.05%	New

Sold out since Q1 2026

Security	Ticker	Shares held before	Value then
BOOKING HOLDINGS INC BKNG	BKNG	160,450	$27.1m160.4k shares
ENVISTA HOLDINGS CORPORATION NVST	NVST	1,051,029	$26.7m1.1m shares
TE CONNECTIVITY PLC TEL	TEL	121,042	$25.4m121.0k shares
AT&T INC T	T	833,993	$24.3m834.0k shares
DECKERS OUTDOOR CORP DECK	DECK	202,718	$20.4m202.7k shares
MICROSOFT CORP MSFT	MSFT	51,818	$19.2m51.8k shares
GE VERNOVA INC GEV	GEV	6,285	$5.5m6.3k shares
HOLOGIC INC HOLX	HOLX	47,376	$3.6m47.4k shares
AIR LEASE CORP AL	AL	53,629	$3.5m53.6k shares
AMICUS THERAPEUTICS INC FOLD	FOLD	180,818	$2.6m180.8k shares
ONESTREAM INC OS	OS	76,906	$1.9m76.9k shares
CLEARWATER ANALYTICS HLDGS I		76,841	$1.8m76.8k shares
ROPER TECHNOLOGIES INC ROP	ROP	1,734	$615.5k1.7k shares
SEALED AIR CORP NEW		6,535	$275.7k6.5k shares

Options (notional value)

Underlying	Ticker	Type	Shares controlled	Notional	Change
SCHWAB CHARLES CORP SCHW · Call	SCHW	Call	17,000	$5.2m17.0k shares	New
WARNER BROS DISCOVERY INC WBD · Put	WBD	Put	20,890	$2.1m20.9k shares	New
NIKE INC NKE · Call	NKE	Call	17,100	$87.5k17.1k shares	Reduced
META PLATFORMS INC META · Call	META	Call	4,080	$65.2k4.1k shares	New