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.

$3.4bn reported value +4.7% vs Q2 2025

82positions

45.5%in top 10

3 new 27 added 32 reduced 2 sold out vs Q2 2025

Options: 1 call positions ($6.7m notional), 1 put positions ($5.2m 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, Q3 2025

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	946,869	$230.6m6.72%	6.72%	Reduced -140.4k	-140,450 -12.9%
2	APPLIED MATLS INC COM AMAT	AMAT	818,501	$167.6m4.89%	4.89%	Added +11.8k	+11,842 1.5%
3	APOLLO GLOBAL MGMT INC COM APO	APO	1,254,206	$167.1m4.87%	4.87%	Added +17.4k	+17,425 1.4%
4	INTEL CORP COM INTC	INTC	4,961,999	$166.5m4.85%	4.85%	Reduced -104.1k	-104,127 -2.1%
5	SCHWAB CHARLES CORP COM SCHW	SCHW	1,704,518	$162.7m4.75%	4.75%	Added +15.9k	+15,869 0.9%
6	ORACLE CORP COM ORCL	ORCL	554,509	$155.9m4.55%	4.55%	Reduced -304.2k	-304,193 -35.4%
7	ALIBABA GROUP HLDG LTD SPONSORED ADS BABA	BABA	795,387	$142.2m4.15%	4.15%	Reduced -24.7k	-24,728 -3.0%
8	AERCAP HOLDINGS NV SHS AER	AER	1,038,499	$125.7m3.66%	3.66%	Added +7.4k	+7,437 0.7%
9	BLACKROCK INC COM BLK	BLK	107,622	$125.5m3.66%	3.66%	Reduced -5.4k	-5,444 -4.8%
10	COMCAST CORP NEW CL A CMCSA	CMCSA	3,760,555	$118.2m3.45%	3.45%	Added +155.2k	+155,212 4.3%
11	LABCORP HOLDINGS INC COM SHS LH	LH	369,984	$106.2m3.10%	3.10%	Added +3.3k	+3,293 0.9%
12	CHUBB LIMITED COM CB	CB	341,047	$96.3m2.81%	2.81%	Added +52.8k	+52,817 18.3%
13	CHEVRON CORP NEW COM CVX	CVX	599,143	$93.0m2.71%	2.71%	Reduced -18.9k	-18,934 -3.1%
14	TRAVEL PLUS LEISURE CO COM TNL	TNL	1,495,369	$89.0m2.59%	2.59%	Reduced -305.8k	-305,817 -17.0%
15	T-MOBILE US INC COM TMUS	TMUS	354,339	$84.8m2.47%	2.47%	Added +4.1k	+4,074 1.2%
16	VIPSHOP HLDGS LTD SPONSORED ADS A VIPS	VIPS	4,212,377	$82.7m2.41%	2.41%	Reduced -46.3k	-46,295 -1.1%
17	LAS VEGAS SANDS CORP COM LVS	LVS	1,511,182	$81.3m2.37%	2.37%	Reduced -22.8k	-22,764 -1.5%
18	UBER TECHNOLOGIES INC COM UBER	UBER	813,768	$79.7m2.32%	2.32%	Added +3.9k	+3,915 0.5%
19	TAKE-TWO INTERACTIVE SOFTWAR COM TTWO	TTWO	288,160	$74.4m2.17%	2.17%	Reduced -200	-200 -0.1%
20	VISA INC COM CL A V	V	217,982	$74.4m2.17%	2.17%	Reduced -21.2k	-21,217 -8.9%
21	AIRBNB INC COM CL A ABNB	ABNB	571,772	$69.4m2.02%	2.02%	Added +108.9k	+108,866 23.5%
22	AON PLC SHS CL A AON	AON	192,218	$68.5m2.00%	2.00%	Added +13.5k	+13,493 7.5%
23	EXXON MOBIL CORP COM XOM	XOM	598,337	$67.5m1.97%	1.97%	Reduced -17.9k	-17,872 -2.9%
24	META PLATFORMS INC CL A META	META	85,937	$63.1m1.84%	1.84%	Reduced -15.4k	-15,450 -15.2%
25	SALESFORCE INC COM CRM	CRM	234,644	$55.6m1.62%	1.62%	Added +16.1k	+16,090 7.4%
26	MICROSOFT CORP COM MSFT	MSFT	85,826	$44.5m1.30%	1.30%	Added +3.8k	+3,814 4.7%
27	ADOBE INC COM ADBE	ADBE	119,730	$42.2m1.23%	1.23%	Added +6.1k	+6,095 5.4%
28	UNITEDHEALTH GROUP INC COM UNH	UNH	120,758	$41.7m1.22%	1.22%	Reduced -101	-101 -0.1%
29	DEERE & CO COM DE	DE	87,757	$40.1m1.17%	1.17%	Reduced -4.5k	-4,470 -4.8%
30	INTERCONTINENTAL EXCHANGE IN COM ICE	ICE	228,807	$38.5m1.12%	1.12%	Reduced -3.6k	-3,610 -1.6%
31	WYNDHAM HOTELS & RESORTS INC COM WH	WH	471,250	$37.7m1.10%	1.10%	Added +111.8k	+111,840 31.1%
32	FISERV INC COM FISV	FISV	291,647	$37.6m1.10%	1.10%	Added +16.0k	+16,023 5.8%
33	NETFLIX INC COM NFLX	NFLX	31,088	$37.3m1.09%	1.09%	Reduced -1.3k	-1,330 -4.1%
34	BLACKSTONE INC COM BX	BX	215,367	$36.8m1.07%	1.07%	Reduced -11.7k	-11,727 -5.2%
35	ADVANCED MICRO DEVICES INC COM AMD	AMD	205,550	$33.3m0.97%	0.97%	Added +3.0k	+3,000 1.5%
36	ZIMMER BIOMET HOLDINGS INC COM ZBH	ZBH	335,187	$33.0m0.96%	0.96%	Added +4.1k	+4,100 1.2%
37	DISNEY WALT CO COM DIS	DIS	264,776	$30.3m0.88%	0.88%	Reduced -2.8k	-2,800 -1.1%
38	GRAINGER W W INC COM GWW	GWW	22,820	$21.7m0.63%	0.63%	Added +1.2k	+1,240 5.8%
39	PINTEREST INC CL A PINS	PINS	660,500	$21.2m0.62%	0.62%	New
40	CORPAY INC COM SHS CPAY	CPAY	67,675	$19.5m0.57%	0.57%	Added +12.9k	+12,900 23.6%
41	TRIP COM GROUP LTD ADS TCOM	TCOM	213,772	$16.1m0.47%	0.47%	Reduced -10.5k	-10,500 -4.7%
42	DOCUSIGN INC COM DOCU	DOCU	206,800	$14.9m0.43%	0.43%	Reduced -9.0k	-9,000 -4.2%
43	APPLE INC COM AAPL	AAPL	58,516	$14.9m0.43%	0.43%	Reduced -2.3k	-2,324 -3.8%
44	NIKE INC CL B NKE	NKE	210,484	$14.7m0.43%	0.43%	Reduced -7.9k	-7,900 -3.6%
45	FREEPORT-MCMORAN INC CL B FCX	FCX	330,000	$12.9m0.38%	0.38%	Added +52.5k	+52,500 18.9%
46	CNH INDL N V SHS CNH	CNH	1,044,000	$11.3m0.33%	0.33%	Added +272.0k	+272,000 35.2%
47	INTUIT COM INTU	INTU	16,050	$11.0m0.32%	0.32%	Added +8.3k	+8,350 108.4%
48	AMAZON COM INC COM AMZN	AMZN	46,100	$10.1m0.30%	0.30%	Reduced -1.6k	-1,600 -3.4%
49	QUALCOMM INC COM QCOM	QCOM	52,600	$8.8m0.26%	0.26%	Added +7.0k	+7,000 15.3%
50	ROPER TECHNOLOGIES INC COM ROP	ROP	16,075	$8.0m0.23%	0.23%	Reduced -500	-500 -3.0%
51	UNION PAC CORP COM UNP	UNP	28,750	$6.8m0.20%	0.20%	Reduced -2.0k	-2,000 -6.5%
52	BROADCOM INC COM AVGO	AVGO	17,000	$5.6m0.16%	0.16%	Reduced -12.8k	-12,800 -43.0%
53	ELECTRONIC ARTS INC COM EA	EA	24,700	$5.0m0.15%	0.15%	Reduced -265.3k	-265,300 -91.5%
54	NASDAQ INC COM NDAQ	NDAQ	48,826	$4.3m0.13%	0.13%	Reduced -2.5k	-2,550 -5.0%
55	NVIDIA CORPORATION COM · principal NVDA · principal	NVDA	22,500	$4.2m0.12%	0.12%	New
56	TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS TSM	TSM	10,200	$2.8m0.08%	0.08%	Reduced -5.0k	-4,970 -32.8%
57	ZOETIS INC CL A ZTS	ZTS	18,800	$2.8m0.08%	0.08%	New
58	SPDR GOLD TR GOLD SHS · principal GLD · principal	GLD	5,450	$1.9m0.06%	0.06%	Added +35	+35 0.7%
59	S&P GLOBAL INC COM SPGI	SPGI	3,800	$1.8m0.05%	0.05%	Unchanged
60	MERCADOLIBRE INC COM MELI	MELI	500	$1.2m0.03%	0.03%	Unchanged
61	SPROTT ASSET MANAGEMENT LP TR UNIT · principal CEF · principal	CEF	28,455	$1.0m0.03%	0.03%	Added +10.0k	+10,000 54.2%
62	PALO ALTO NETWORKS INC COM · principal PANW · principal	PANW	4,000	$814.0k0.02%	0.02%	Unchanged
63	LINDE PLC SHS · principal LIN · principal	LIN	1,396	$663.0k0.02%	0.02%	Unchanged
64	JPMORGAN CHASE & CO COM · principal JPM · principal	JPM	1,655	$522.0k0.02%	0.02%	Unchanged
65	SYNOPSYS INC COM · principal SNPS · principal	SNPS	1,055	$521.0k0.02%	0.02%	Unchanged
66	GRUPO TELEVISA S A B SPON ADR REP ORD TV	TV	192,280	$517.0k0.02%	0.02%	Reduced -2.0m	-1,974,786 -91.1%
67	DELTA AIR LINES INC DEL COM NEW · principal DAL · principal	DAL	8,200	$465.0k0.01%	0.01%	Unchanged
68	PFIZER INC COM · principal PFE · principal	PFE	13,657	$348.0k0.01%	0.01%	Unchanged
69	ALPHABET INC CAP STK CL A · principal GOOGL · principal	GOOGL	1,183	$288.0k0.01%	0.01%	Unchanged
70	VANECK ETF TRUST JUNIOR GOLD MINE · principal GDXJ · principal	GDXJ	2,880	$285.0k0.01%	0.01%	Added +380	+380 15.2%
71	NXP SEMICONDUCTORS N V COM · principal NXPI · principal	NXPI	1,028	$234.0k0.01%	0.01%	Unchanged
72	VANECK ETF TRUST GOLD MINERS ETF · principal GDX · principal	GDX	2,985	$228.0k0.01%	0.01%	Reduced -1.0k	-1,025 -25.6%
73	INTERNATIONAL GAME TECHNOLOG SHS USD · principal BRSL · principal	BRSL	12,550	$216.0k0.01%	0.01%	Unchanged
74	TSS INC DEL COM · principal TSSI · principal	TSSI	10,000	$181.0k0.01%	0.01%	Unchanged
75	MERCK & CO INC COM · principal MRK · principal	MRK	1,950	$164.0k0.00%	0.00%	Unchanged
76	JOHNSON & JOHNSON COM · principal JNJ · principal	JNJ	800	$148.0k0.00%	0.00%	Unchanged
77	AMGEN INC COM · principal AMGN · principal	AMGN	375	$106.0k0.00%	0.00%	Unchanged
78	CISCO SYS INC COM · principal CSCO · principal	CSCO	600	$41.0k0.00%	0.00%	Unchanged
79	BERKSHIRE HATHAWAY INC DEL CL B NEW · principal BRK.B · principal	BRK.B	69	$35.0k0.00%	0.00%	Unchanged
80	SPDR INDEX SHS FDS S&P EMKTSC ETF · principal EWX · principal	EWX	445	$30.0k0.00%	0.00%	Unchanged
81	SCHWAB STRATEGIC TR FUNDAMENTAL EMER · principal FNDE · principal	FNDE	795	$29.0k0.00%	0.00%	Unchanged
82	VANECK ETF TRUST VANECK VIETNAM · principal VNM · principal	VNM	1,500	$27.0k0.00%	0.00%	Unchanged

Sold out since Q2 2025

Security	Ticker	Shares held before	Value then
NVIDIA CORPORATION NVDA	NVDA	99,300	$15.7m99.3k shares
ISHARES TR EEM	EEM	445	$21.0k445 shares

Options (notional value)

Underlying	Ticker	Type	Shares controlled	Notional	Change
INTEL CORP INTC · Call	INTC	Call	200,000	$6.7m200.0k shares	New
MICROSOFT CORP MSFT · Put	MSFT	Put	10,000	$5.2m10.0k shares	Reduced