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.

$3.3bn reported value -4.6% vs Q3 2025

88positions

42.8%in top 10

7 new 24 added 36 reduced 1 sold out vs Q3 2025

Options: 1 call positions ($8.2m 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 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	781,676	$245.3m7.50%	7.50%	Reduced -165.2k	-165,193 -17.4%
2	APOLLO GLOBAL MGMT INC COM APO	APO	1,302,980	$188.6m5.77%	5.77%	Added +48.8k	+48,774 3.9%
3	SCHWAB CHARLES CORP COM SCHW	SCHW	1,503,918	$150.3m4.59%	4.59%	Reduced -200.6k	-200,600 -11.8%
4	INTEL CORP COM INTC	INTC	3,774,693	$139.3m4.26%	4.26%	Reduced -1.2m	-1,187,306 -23.9%
5	APPLIED MATLS INC COM AMAT	AMAT	509,104	$130.8m4.00%	4.00%	Reduced -309.4k	-309,397 -37.8%
6	AERCAP HOLDINGS NV SHS AER	AER	862,217	$124.0m3.79%	3.79%	Reduced -176.3k	-176,282 -17.0%
7	BLACKROCK INC COM BLK	BLK	106,054	$113.5m3.47%	3.47%	Reduced -1.6k	-1,568 -1.5%
8	COMCAST CORP NEW CL A CMCSA	CMCSA	3,539,644	$105.8m3.23%	3.23%	Reduced -220.9k	-220,911 -5.9%
9	ALIBABA GROUP HLDG LTD SPONSORED ADS BABA	BABA	708,496	$103.9m3.17%	3.17%	Reduced -86.9k	-86,891 -10.9%
10	CHUBB LIMITED COM CB	CB	317,568	$99.1m3.03%	3.03%	Reduced -23.5k	-23,479 -6.9%
11	ORACLE CORP COM ORCL	ORCL	488,281	$95.2m2.91%	2.91%	Reduced -66.2k	-66,228 -11.9%
12	T-MOBILE US INC COM TMUS	TMUS	434,561	$88.2m2.70%	2.70%	Added +80.2k	+80,222 22.6%
13	AIRBNB INC COM CL A ABNB	ABNB	627,698	$85.2m2.60%	2.60%	Added +55.9k	+55,926 9.8%
14	LAS VEGAS SANDS CORP COM LVS	LVS	1,283,976	$83.6m2.55%	2.55%	Reduced -227.2k	-227,206 -15.0%
15	LABCORP HOLDINGS INC COM SHS LH	LH	329,384	$82.6m2.53%	2.53%	Reduced -40.6k	-40,600 -11.0%
16	SALESFORCE INC COM CRM	CRM	301,365	$79.8m2.44%	2.44%	Added +66.7k	+66,721 28.4%
17	CHEVRON CORP NEW COM CVX	CVX	509,554	$77.7m2.37%	2.37%	Reduced -89.6k	-89,589 -14.9%
18	VISA INC COM CL A V	V	214,810	$75.3m2.30%	2.30%	Reduced -3.2k	-3,172 -1.5%
19	TAKE-TWO INTERACTIVE SOFTWAR COM TTWO	TTWO	287,860	$73.7m2.25%	2.25%	Reduced -300	-300 -0.1%
20	VIPSHOP HLDGS LTD SPONSORED ADS A VIPS	VIPS	4,042,085	$71.5m2.19%	2.19%	Reduced -170.3k	-170,292 -4.0%
21	AON PLC SHS CL A AON	AON	197,854	$69.8m2.13%	2.13%	Added +5.6k	+5,636 2.9%
22	UBER TECHNOLOGIES INC COM UBER	UBER	821,071	$67.1m2.05%	2.05%	Added +7.3k	+7,303 0.9%
23	TRAVEL PLUS LEISURE CO COM TNL	TNL	907,297	$64.0m1.96%	1.96%	Reduced -588.1k	-588,072 -39.3%
24	EXXON MOBIL CORP COM XOM	XOM	517,340	$62.3m1.90%	1.90%	Reduced -81.0k	-80,997 -13.5%
25	META PLATFORMS INC CL A META	META	91,428	$60.4m1.84%	1.84%	Added +5.5k	+5,491 6.4%
26	ADOBE INC COM ADBE	ADBE	143,905	$50.4m1.54%	1.54%	Added +24.2k	+24,175 20.2%
27	MICROSOFT CORP COM MSFT	MSFT	100,056	$48.4m1.48%	1.48%	Added +14.2k	+14,230 16.6%
28	INTERCONTINENTAL EXCHANGE IN COM ICE	ICE	286,133	$46.3m1.42%	1.42%	Added +57.3k	+57,326 25.1%
29	WYNDHAM HOTELS & RESORTS INC COM WH	WH	524,650	$39.6m1.21%	1.21%	Added +53.4k	+53,400 11.3%
30	DEERE & CO COM DE	DE	84,530	$39.4m1.20%	1.20%	Reduced -3.2k	-3,227 -3.7%
31	BLACKSTONE INC COM BX	BX	228,165	$35.2m1.08%	1.08%	Added +12.8k	+12,798 5.9%
32	MERCADOLIBRE INC COM MELI	MELI	16,130	$32.5m0.99%	0.99%	Added +15.6k	+15,630 3126.0%
33	UNITEDHEALTH GROUP INC COM UNH	UNH	98,270	$32.4m0.99%	0.99%	Reduced -22.5k	-22,488 -18.6%
34	DISNEY WALT CO COM DIS	DIS	274,480	$31.2m0.95%	0.95%	Added +9.7k	+9,704 3.7%
35	NETFLIX INC COM NFLX	NFLX	323,600	$30.3m0.93%	0.93%	Added +12.7k	+12,720 4.1%
36	ZIMMER BIOMET HOLDINGS INC COM ZBH	ZBH	332,130	$29.9m0.91%	0.91%	Reduced -3.1k	-3,057 -0.9%
37	ADVANCED MICRO DEVICES INC COM AMD	AMD	134,375	$28.8m0.88%	0.88%	Reduced -71.2k	-71,175 -34.6%
38	PINTEREST INC CL A PINS	PINS	1,071,125	$27.7m0.85%	0.85%	Added +410.6k	+410,625 62.2%
39	CORPAY INC COM SHS CPAY	CPAY	78,875	$23.7m0.73%	0.73%	Added +11.2k	+11,200 16.6%
40	GRAINGER W W INC COM GWW	GWW	22,650	$22.9m0.70%	0.70%	Reduced -170	-170 -0.7%
41	FISERV INC COM FISV	FISV	289,798	$19.5m0.60%	0.60%	Reduced -1.8k	-1,849 -0.6%
42	FREEPORT-MCMORAN INC CL B FCX	FCX	337,000	$17.1m0.52%	0.52%	Added +7.0k	+7,000 2.1%
43	AMRIZE LTD SHS AMRZ	AMRZ	315,700	$17.1m0.52%	0.52%	New
44	DOCUSIGN INC COM DOCU	DOCU	231,650	$15.8m0.48%	0.48%	Added +24.9k	+24,850 12.0%
45	INTUIT COM INTU	INTU	22,950	$15.2m0.46%	0.46%	Added +6.9k	+6,900 43.0%
46	TRIP COM GROUP LTD ADS TCOM	TCOM	211,200	$15.2m0.46%	0.46%	Reduced -2.6k	-2,572 -1.2%
47	APPLE INC COM AAPL	AAPL	54,237	$14.7m0.45%	0.45%	Reduced -4.3k	-4,279 -7.3%
48	NIKE INC CL B NKE	NKE	228,269	$14.5m0.44%	0.44%	Added +17.8k	+17,785 8.4%
49	CNH INDL N V SHS CNH	CNH	1,217,000	$11.2m0.34%	0.34%	Added +173.0k	+173,000 16.6%
50	ZOETIS INC CL A ZTS	ZTS	82,730	$10.4m0.32%	0.32%	Added +63.9k	+63,930 340.1%
51	BROADCOM INC COM AVGO	AVGO	29,340	$10.2m0.31%	0.31%	Added +12.3k	+12,340 72.6%
52	AMAZON COM INC COM AMZN	AMZN	42,940	$9.9m0.30%	0.30%	Reduced -3.2k	-3,160 -6.8%
53	QUALCOMM INC COM QCOM	QCOM	45,350	$7.8m0.24%	0.24%	Reduced -7.2k	-7,250 -13.8%
54	ROPER TECHNOLOGIES INC COM ROP	ROP	15,600	$6.9m0.21%	0.21%	Reduced -475	-475 -3.0%
55	UNION PAC CORP COM UNP	UNP	28,750	$6.7m0.20%	0.20%	Unchanged
56	NASDAQ INC COM NDAQ	NDAQ	48,826	$4.7m0.14%	0.14%	Unchanged
57	NVIDIA CORPORATION COM · principal NVDA · principal	NVDA	22,500	$4.2m0.13%	0.13%	Unchanged
58	TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS TSM	TSM	10,125	$3.1m0.09%	0.09%	Reduced -75	-75 -0.7%
59	S&P GLOBAL INC COM SPGI	SPGI	3,800	$2.0m0.06%	0.06%	Unchanged
60	SPDR GOLD TR GOLD SHS · principal GLD · principal	GLD	4,330	$1.7m0.05%	0.05%	Reduced -1.1k	-1,120 -20.6%
61	SPROTT ASSET MANAGEMENT LP TR UNIT · principal CEF · principal	CEF	27,245	$1.2m0.04%	0.04%	Reduced -1.2k	-1,210 -4.2%
62	PALO ALTO NETWORKS INC COM · principal PANW · principal	PANW	4,000	$737.0k0.02%	0.02%	Unchanged
63	LINDE PLC SHS · principal LIN · principal	LIN	1,396	$595.0k0.02%	0.02%	Unchanged
64	DELTA AIR LINES INC DEL COM NEW · principal DAL · principal	DAL	8,200	$569.0k0.02%	0.02%	Unchanged
65	JPMORGAN CHASE & CO COM · principal JPM · principal	JPM	1,655	$533.0k0.02%	0.02%	Unchanged
66	ELECTRONIC ARTS INC COM EA	EA	2,550	$521.0k0.02%	0.02%	Reduced -22.1k	-22,150 -89.7%
67	SYNOPSYS INC COM · principal SNPS · principal	SNPS	1,055	$496.0k0.02%	0.02%	Unchanged
68	PFIZER INC COM · principal PFE · principal	PFE	13,657	$340.0k0.01%	0.01%	Unchanged
69	ALPHABET INC CAP STK CL A · principal GOOGL · principal	GOOGL	1,061	$332.0k0.01%	0.01%	Reduced -122	-122 -10.3%
70	VANECK ETF TRUST JUNIOR GOLD MINE · principal GDXJ · principal	GDXJ	2,345	$267.0k0.01%	0.01%	Reduced -535	-535 -18.6%
71	VANECK ETF TRUST GOLD MINERS ETF · principal GDX · principal	GDX	2,800	$240.0k0.01%	0.01%	Reduced -185	-185 -6.2%
72	NXP SEMICONDUCTORS N V COM · principal NXPI · principal	NXPI	1,028	$223.0k0.01%	0.01%	Unchanged
73	MERCK & CO INC COM · principal MRK · principal	MRK	1,950	$205.0k0.01%	0.01%	Unchanged
74	INTERNATIONAL GAME TECHNOLOG SHS USD · principal BRSL · principal	BRSL	12,550	$194.0k0.01%	0.01%	Unchanged
75	GRUPO TELEVISA S A B SPON ADR REP ORD · principal TV · principal	TV	62,280	$181.0k0.01%	0.01%	New
76	JOHNSON & JOHNSON COM · principal JNJ · principal	JNJ	800	$166.0k0.01%	0.01%	Unchanged
77	AMGEN INC COM · principal AMGN · principal	AMGN	375	$123.0k0.00%	0.00%	Unchanged
78	NETGEAR INC COM · principal NTGR · principal	NTGR	4,000	$98.0k0.00%	0.00%	New
79	NEBIUS GROUP N.V. SHS CLASS A · principal NBIS · principal	NBIS	1,000	$84.0k0.00%	0.00%	New
80	TSS INC DEL COM · principal TSSI · principal	TSSI	10,000	$71.0k0.00%	0.00%	Unchanged
81	LEXINFINTECH HLDGS LTD ADR · principal LX · principal	LX	20,000	$65.0k0.00%	0.00%	New
82	FLUX PWR HLDGS INC COM NEW · principal FLUX · principal	FLUX	40,000	$51.0k0.00%	0.00%	New
83	CISCO SYS INC COM · principal CSCO · principal	CSCO	600	$46.0k0.00%	0.00%	Unchanged
84	BERKSHIRE HATHAWAY INC DEL CL B NEW · principal BRK.B · principal	BRK.B	69	$35.0k0.00%	0.00%	Unchanged
85	SPDR INDEX SHS FDS S&P EMKTSC ETF · principal EWX · principal	EWX	445	$29.0k0.00%	0.00%	Unchanged
86	SCHWAB STRATEGIC TR FUNDAMENTAL EMER · principal FNDE · principal	FNDE	795	$29.0k0.00%	0.00%	Unchanged
87	VANECK ETF TRUST VANECK VIETNAM · principal VNM · principal	VNM	1,500	$29.0k0.00%	0.00%	Unchanged
88	AMPLIFY ETF TR AMPLIFY JUNIOR S · principal SILJ · principal	SILJ	575	$16.0k0.00%	0.00%	New

Sold out since Q3 2025

Security	Ticker	Shares held before	Value then
GRUPO TELEVISA S A B TV	TV	192,280	$517.0k192.3k shares

Options (notional value)

Underlying	Ticker	Type	Shares controlled	Notional	Change
NVIDIA CORPORATION NVDA · Call	NVDA	Call	44,000	$8.2m44.0k shares	New