CapitalatWork S.A.

AUDERGHEM, C9 · CIK 2135126 · 13F filing filed 2026-08-07

No investment adviser registration (Form ADV) found for this filer. It may be a parent company whose subsidiaries are the registered advisers, a bank or insurer, or a manager based outside the US.

$3.0bn reported value +5.0% vs Q3 2024

77positions

45.9%in top 10

6 new 27 added 26 reduced 3 sold out vs Q3 2024

Options: 3 call positions ($43.5m notional), 0 put positions (— notional) – listed below, not included above.

This report includes the holdings of 1 other manager that shares the investment decisions:

CapitalatWork Foyer Group S.A. – no 13F of its own this quarter

Shares in two reports are counted once in each security's totals.

Holdings, Q4 2024

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	ALPHABET INC CAP STK CL C GOOG	GOOG	1,081,441	$205.9m6.75%	6.75%	Reduced -19.9k	-19,879 -1.8%
2	APOLLO GLOBAL MGMT INC COM APO	APO	1,223,847	$202.1m6.63%	6.63%	Reduced -177.5k	-177,523 -12.7%
3	ORACLE CORP COM ORCL	ORCL	897,610	$149.6m4.90%	4.90%	Reduced -79.6k	-79,561 -8.1%
4	UNITEDHEALTH GROUP INC COM UNH	UNH	271,417	$137.3m4.50%	4.50%	Reduced -23.2k	-23,246 -7.9%
5	COMCAST CORP NEW CL A CMCSA	CMCSA	3,554,181	$133.4m4.37%	4.37%	Reduced -9.3k	-9,267 -0.3%
6	SCHWAB CHARLES CORP COM SCHW	SCHW	1,740,259	$128.8m4.22%	4.22%	Reduced -14.3k	-14,304 -0.8%
7	APPLIED MATLS INC COM AMAT	AMAT	756,148	$123.0m4.03%	4.03%	Added +45.0k	+45,029 6.3%
8	BLACKROCK INC COM BLK	BLK	113,254	$116.1m3.81%	3.81%	New
9	VISA INC COM CL A V	V	320,892	$101.4m3.33%	3.33%	Reduced -5.2k	-5,182 -1.6%
10	INTEL CORP COM INTC	INTC	5,034,523	$100.9m3.31%	3.31%	Added +411.0k	+411,014 8.9%
11	AERCAP HOLDINGS NV SHS AER	AER	1,041,868	$99.7m3.27%	3.27%	Added +22.1k	+22,059 2.2%
12	CHEVRON CORP NEW COM CVX	CVX	663,216	$96.1m3.15%	3.15%	Reduced -27.2k	-27,206 -3.9%
13	TRAVEL PLUS LEISURE CO COM TNL	TNL	1,888,796	$95.3m3.12%	3.12%	Reduced -2.3k	-2,282 -0.1%
14	LABCORP HOLDINGS INC COM SHS LH	LH	365,681	$83.9m2.75%	2.75%	Added +15.9k	+15,886 4.5%
15	LAS VEGAS SANDS CORP COM LVS	LVS	1,498,297	$77.0m2.52%	2.52%	Added +1.5k	+1,474 0.1%
16	T-MOBILE US INC COM TMUS	TMUS	341,377	$75.4m2.47%	2.47%	Added +20.5k	+20,473 6.4%
17	EXXON MOBIL CORP COM XOM	XOM	633,293	$68.1m2.23%	2.23%	Reduced -15.0k	-14,970 -2.3%
18	ALIBABA GROUP HLDG LTD SPONSORED ADS BABA	BABA	782,034	$66.3m2.17%	2.17%	Added +1.7k	+1,699 0.2%
19	FISERV INC COM FISV	FISV	316,193	$65.0m2.13%	2.13%	Added +510	+510 0.2%
20	BLACKSTONE INC COM BX	BX	340,697	$58.7m1.93%	1.93%	Reduced -46.8k	-46,786 -12.1%
21	AON PLC SHS CL A AON	AON	156,947	$56.4m1.85%	1.85%	Reduced -372	-372 -0.2%
22	VIPSHOP HLDGS LTD SPONSORED ADS A VIPS	VIPS	4,102,800	$55.3m1.81%	1.81%	Added +38.1k	+38,144 0.9%
23	TAKE-TWO INTERACTIVE SOFTWAR COM TTWO	TTWO	294,420	$54.2m1.78%	1.78%	Added +28.6k	+28,650 10.8%
24	SALESFORCE INC COM CRM	CRM	159,926	$53.5m1.75%	1.75%	Added +11.0k	+10,957 7.4%
25	META PLATFORMS INC CL A META	META	87,815	$51.4m1.69%	1.69%	Reduced -2.2k	-2,218 -2.5%
26	DEERE & CO COM DE	DE	112,607	$47.7m1.56%	1.56%	Added +727	+727 0.7%
27	AIRBNB INC COM CL A ABNB	ABNB	359,607	$47.3m1.55%	1.55%	Added +58.2k	+58,245 19.3%
28	ELECTRONIC ARTS INC COM EA	EA	277,950	$40.7m1.33%	1.33%	Added +25.8k	+25,825 10.2%
29	APPLE INC COM AAPL	AAPL	147,327	$36.9m1.21%	1.21%	Reduced -75.8k	-75,836 -34.0%
30	ZIMMER BIOMET HOLDINGS INC COM ZBH	ZBH	335,887	$35.5m1.16%	1.16%	Added +3.9k	+3,857 1.2%
31	NETFLIX INC COM NFLX	NFLX	38,350	$34.2m1.12%	1.12%	Reduced -70	-70 -0.2%
32	MICROSOFT CORP COM MSFT	MSFT	79,709	$33.6m1.10%	1.10%	Reduced -3.7k	-3,744 -4.5%
33	DISNEY WALT CO COM DIS	DIS	280,976	$31.3m1.03%	1.03%	Added +1.5k	+1,500 0.5%
34	INTERCONTINENTAL EXCHANGE IN COM ICE	ICE	207,800	$31.0m1.02%	1.02%	Added +29.8k	+29,750 16.7%
35	ADOBE INC COM ADBE	ADBE	64,900	$28.9m0.95%	0.95%	Added +22.4k	+22,370 52.6%
36	WYNDHAM HOTELS & RESORTS INC COM WH	WH	285,010	$28.7m0.94%	0.94%	Added +1.4k	+1,400 0.5%
37	GRAINGER W W INC COM GWW	GWW	21,915	$23.1m0.76%	0.76%	Reduced -2.6k	-2,648 -10.8%
38	ADVANCED MICRO DEVICES INC COM AMD	AMD	156,350	$18.9m0.62%	0.62%	New
39	NIKE INC CL B NKE	NKE	230,384	$17.4m0.57%	0.57%	Added +1.0k	+1,000 0.4%
40	NASDAQ INC COM NDAQ	NDAQ	224,076	$17.3m0.57%	0.57%	Added +325	+325 0.1%
41	DOCUSIGN INC COM DOCU	DOCU	177,000	$15.9m0.52%	0.52%	Added +1.0k	+1,000 0.6%
42	TRIP COM GROUP LTD ADS TCOM	TCOM	216,172	$14.8m0.49%	0.49%	Added +5.2k	+5,200 2.5%
43	AMAZON COM INC COM AMZN	AMZN	60,700	$13.3m0.44%	0.44%	Reduced -760	-760 -1.2%
44	FREEPORT-MCMORAN INC CL B FCX	FCX	313,500	$11.9m0.39%	0.39%	Added +44.5k	+44,500 16.5%
45	CNH INDL N V SHS CNH	CNH	823,000	$9.3m0.31%	0.31%	Reduced -64.0k	-63,972 -7.2%
46	ENPHASE ENERGY INC COM ENPH	ENPH	131,000	$9.0m0.29%	0.29%	Added +41.7k	+41,666 46.6%
47	ROPER TECHNOLOGIES INC COM ROP	ROP	16,575	$8.6m0.28%	0.28%	Added +200	+200 1.2%
48	QUALCOMM INC COM QCOM	QCOM	51,600	$7.9m0.26%	0.26%	Reduced -28.8k	-28,750 -35.8%
49	UNION PAC CORP COM UNP	UNP	30,350	$6.9m0.23%	0.23%	Unchanged
50	NVIDIA CORPORATION COM · principal NVDA · principal	NVDA	31,500	$4.2m0.14%	0.14%	New
51	S&P GLOBAL INC COM SPGI	SPGI	8,250	$4.1m0.13%	0.13%	Unchanged
52	GRUPO TELEVISA S A B SPON ADR REP ORD TV	TV	2,235,486	$3.8m0.12%	0.12%	Unchanged
53	SPDR GOLD TR GOLD SHS · principal GLD · principal	GLD	10,650	$2.6m0.08%	0.08%	Reduced -1.0k	-1,025 -8.8%
54	PALO ALTO NETWORKS INC COM · principal PANW · principal	PANW	7,950	$1.4m0.05%	0.05%	Added +1.9k	+1,950 32.5%
55	SPROTT ASSET MANAGEMENT LP TR UNIT · principal CEF · principal	CEF	56,555	$1.3m0.04%	0.04%	Reduced -15.9k	-15,940 -22.0%
56	ACCENTURE PLC IRELAND SHS CLASS A · principal ACN · principal	ACN	3,670	$1.3m0.04%	0.04%	Unchanged
57	SYNOPSYS INC COM SNPS	SNPS	2,505	$1.2m0.04%	0.04%	Unchanged
58	PALANTIR TECHNOLOGIES INC CL A · principal PLTR · principal	PLTR	10,000	$756.0k0.02%	0.02%	Unchanged
59	LINDE PLC SHS · principal LIN · principal	LIN	1,729	$724.0k0.02%	0.02%	Unchanged
60	BERKSHIRE HATHAWAY INC DEL CL B NEW · principal BRK.B · principal	BRK.B	1,286	$583.0k0.02%	0.02%	Reduced -68	-68 -5.0%
61	DELTA AIR LINES INC DEL COM NEW · principal DAL · principal	DAL	8,200	$496.0k0.02%	0.02%	Unchanged
62	NOVO-NORDISK A S ADR · principal NVO · principal	NVO	5,000	$430.0k0.01%	0.01%	New
63	JPMORGAN CHASE & CO COM · principal JPM · principal	JPM	1,655	$397.0k0.01%	0.01%	Unchanged
64	PFIZER INC COM · principal PFE · principal	PFE	13,657	$362.0k0.01%	0.01%	Unchanged
65	ALPHABET INC CAP STK CL A · principal GOOGL · principal	GOOGL	1,183	$224.0k0.01%	0.01%	Unchanged
66	INTERNATIONAL GAME TECHNOLOG SHS USD · principal BRSL · principal	BRSL	12,550	$222.0k0.01%	0.01%	Unchanged
67	NXP SEMICONDUCTORS N V COM · principal NXPI · principal	NXPI	1,028	$214.0k0.01%	0.01%	New
68	MERCK & CO INC COM · principal MRK · principal	MRK	1,950	$194.0k0.01%	0.01%	Unchanged
69	VANECK ETF TRUST JUNIOR GOLD MINE · principal GDXJ · principal	GDXJ	3,305	$141.0k0.00%	0.00%	Reduced -4.8k	-4,820 -59.3%
70	VANECK ETF TRUST GOLD MINERS ETF · principal GDX · principal	GDX	4,055	$138.0k0.00%	0.00%	Reduced -6.7k	-6,720 -62.4%
71	JOHNSON & JOHNSON COM · principal JNJ · principal	JNJ	800	$116.0k0.00%	0.00%	Unchanged
72	AMGEN INC COM · principal AMGN · principal	AMGN	375	$98.0k0.00%	0.00%	New
73	CISCO SYS INC COM · principal CSCO · principal	CSCO	600	$36.0k0.00%	0.00%	Unchanged
74	SPDR INDEX SHS FDS S&P EMKTSC ETF · principal EWX · principal	EWX	445	$26.0k0.00%	0.00%	Unchanged
75	SCHWAB STRATEGIC TR FUNDAMENTAL EMER · principal FNDE · principal	FNDE	795	$23.0k0.00%	0.00%	Reduced -720	-720 -47.5%
76	ISHARES TR MSCI EMG MKT ETF · principal EEM · principal	EEM	445	$19.0k0.00%	0.00%	Unchanged
77	VANECK ETF TRUST VANECK VIETNAM · principal VNM · principal	VNM	1,500	$17.0k0.00%	0.00%	Unchanged

Sold out since Q3 2024

Security	Ticker	Shares held before	Value then
NXP SEMICONDUCTORS N V NXPI	NXPI	41,128	$9.9m41.1k shares
NVIDIA CORPORATION NVDA	NVDA	30,000	$3.6m30.0k shares
BROADCOM INC AVGO	AVGO	6,000	$1.0m6.0k shares

Options (notional value)

Underlying	Ticker	Type	Shares controlled	Notional	Change
COMCAST CORP NEW CMCSA · Call	CMCSA	Call	668,000	$25.1m668.0k shares	Unchanged
INTEL CORP INTC · Call	INTC	Call	552,000	$11.1m552.0k shares	Added
NVIDIA CORPORATION NVDA · Call	NVDA	Call	55,000	$7.4m55.0k shares	New