Zeno Equity Partners LLP

LONDON, X0 · CIK 2013334 · 13F filing filed 2026-08-14

Exempt reporting adviser since 2012 · limited liability partnership

Private funds7 (6 hedge) · $330.6m gross assets
Websitezenoep.com
Form ADV · 2026-03-18SEC adviser record

Legal entityZENO EQUITY PARTNERS LLP (GB)

$269.0m reported value +9.2% vs Q1 2026

16positions

88.1%in top 10

3 new 4 added 7 reduced 0 sold out vs Q1 2026

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	DANAHER CORPORATION COM DHR	DHR	251,554	$47.9m17.81%	17.81%	Added +3.3k	+3,324 1.3%
2	LINDE PLC SHS LIN	LIN	56,446	$29.3m10.89%	10.89%	Reduced -4.7k	-4,668 -7.6%
3	AMAZON COM INC COM AMZN	AMZN	107,007	$25.5m9.48%	9.48%	Reduced -34.4k	-34,423 -24.3%
4	VISTA ENERGY S.A.B. DE C.V. SPONSORED ADS VIST	VIST	370,012	$23.6m8.78%	8.78%	Added +79.7k	+79,691 27.4%
5	HEICO CORP NEW CL A HEI.A	HEI.A	88,085	$22.7m8.45%	8.45%	Reduced -2.2k	-2,160 -2.4%
6	WALDENCAST PLC CLASS A ORD SHS MLKMF	MLKMF	12,252,580	$21.6m8.02%	8.02%	Unchanged
7	DESCARTES SYS GROUP INC COM DSGX	DSGX	279,581	$19.4m7.20%	7.20%	Reduced -6.9k	-6,862 -2.4%
8	PATRIA INVESTMENTS LIMITED COM CL A PAX	PAX	1,701,343	$18.7m6.94%	6.94%	Added +351.8k	+351,764 26.1%
9	ITAU UNIBANCO HLDG S A SPON ADR REP PFD ITUB	ITUB	2,183,366	$17.8m6.63%	6.63%	Reduced -53.6k	-53,600 -2.4%
10	VULCAN MATLS CO COM VMC	VMC	35,135	$10.4m3.85%	3.85%	New
11	PAMPA ENERGIA S A SPONS ADR LVL I PAM	PAM	112,816	$9.3m3.44%	3.44%	Reduced -2.8k	-2,769 -2.4%
12	VISA INC COM CL A V	V	24,557	$8.4m3.13%	3.13%	New
13	SOMNIGROUP INTERNATIONAL INC COM SGI	SGI	98,756	$7.7m2.88%	2.88%	Reduced -134.6k	-134,638 -57.7%
14	RYANAIR HOLDINGS PLC SPONSORED ADR RYAAY	RYAAY	57,145	$3.7m1.38%	1.38%	Added +3.3k	+3,334 6.2%
15	SPOTIFY TECHNOLOGY S A SHS SPOT	SPOT	6,055	$2.8m1.03%	1.03%	New
16	WALDENCAST PLC *W EXP 07/27/202 MLKWF	MLKWF	4,892,767	$229.5k0.09%	0.09%	Unchanged

Stakes above 5%

Companies where this manager has reported owning more than 5% of a class of shares, on Schedule 13D (may seek influence) or 13G (passive): its latest filing for each, from 19 Dec 2024 on.

Company	Ticker	Stake	Change	Schedule	Last filed
WALDENCAST PLC MLKMF · 13D · filed 2025-07-31	MLKMF	14.5%≈ $30.2m		13D	2025-07-31