SALT Holding Corp.

WILMINGTON, DE · CIK 1996109 · 13F filing filed 2025-08-14

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.

$65.3m reported value -39.5% vs Q1 2025

7positions

100.0%in top 10

1 new 2 added 3 reduced 6 sold out vs Q1 2025

This report includes the holdings of 2 other managers that share the investment decisions:

SAL Trading, LLC – reports through this filing
SAL Equity Trading, GP – no 13F of its own this quarter

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

Holdings, Q2 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	VODAFONE GROUP PLC NEW SPONSORED ADR VOD	VOD	3,623,500	$38.6m59.18%	59.18%	Added +3.5m	+3,508,086 3039.6%
2	FERRARI N V COM RACE	RACE	42,500	$20.9m31.95%	31.95%	Added +12.5k	+12,490 41.6%
3	STMICROELECTRONICS N V NY REGISTRY STM	STM	75,900	$2.3m3.54%	3.54%	New
4	NOVO-NORDISK A S ADR NVO	NVO	24,684	$1.7m2.61%	2.61%	Reduced -15.3k	-15,300 -38.3%
5	LOGITECH INTL S A SHS LOGI	LOGI	9,763	$879.9k1.35%	1.35%	Reduced -275.6k	-275,574 -96.6%
6	ARCELORMITTAL SA LUXEMBOURG NY REGISTRY SH MT	MT	19,700	$622.1k0.95%	0.95%	Unchanged
7	ARGENX SE SPONSORED ADR ARGX	ARGX	500	$275.6k0.42%	0.42%	Reduced -649	-649 -56.5%

Sold out since Q1 2025

Security	Ticker	Shares held before	Value then
ASML HOLDING N V ASML	ASML	55,400	$36.7m55.4k shares
RIO TINTO PLC RIO	RIO	396,278	$23.8m396.3k shares
GSK PLC GSK	GSK	90,659	$3.5m90.7k shares
ASTRAZENECA PLC		15,200	$1.1m15.2k shares
BRITISH AMERN TOB PLC BTI	BTI	9,000	$372.3k9.0k shares
FRONTLINE PLC FRO	FRO	23,700	$351.9k23.7k shares