Quaero Capital S.A.
Filing Date
Global Rank
#6,942
/ 7,994
▼ 247
Top Industry
Specialty Industrial Machinery
17.7%
3Y Alpha vs SPY
-6.9%
Period ended 12 months ago
Filed Aug 6, 2025 · 10mo
19 quarters · since Dec 2020
Clone Performance
Jun 2023–Jun 2026 · vs SPYHypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.
Cloned portfolio
+50.2%
SPY
+78.1%
Annualised alpha
-6.7%
Max drawdown
−31.0%
Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.
Portfolio Concentration
33 positions · as of Jun 30, 2025 · Δ vs Mar 31, 2025Top Position
10.6%
+1.8 pts
Top 5
42.7%
+8.2 pts
Top 10
69.8%
+13.1 pts
HHI
571
Diversified+104
Portfolio Trend
19 quarters · across all stocks
Sector Breakdown
As of Jun 30, 2025| Sector | % Portfolio | Value |
|---|---|---|
| Industrials | 38.1% | $12,104,824 |
| Utilities | 25.6% | $8,153,215 |
| Technology | 16.0% | $5,087,157 |
| Basic Materials | 6.9% | $2,194,354 |
| Energy | 6.7% | $2,117,062 |
| Financial Services | 5.3% | $1,689,708 |
| Real Estate | 1.4% | $458,677 |
Last Quarter's Activity
Export CSVTrimmed
Positions the filer reduced
17 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| KMI | Kinder Morgan, Inc. | −18,337 | 17,846 | $524,672 | |
| TRP | Tc Energy Corp | −17,600 | 11,365 | $554,498 | |
| NEE | Nextera Energy Inc | −13,282 | 31,498 | $2,186,591 | |
| NXT | Nextpower Inc. | −12,696 | 22,566 | $1,226,913 | |
| FER | Ferrovial N.V. | −9,364 | 8,143 | $436,220 | |
| SRE | Sempra | −8,137 | 6,169 | $467,425 | |
| ETR | Entergy Corp /De/ | −7,545 | 7,899 | $656,564 | |
| WCN | Waste Connections, Inc. | −5,008 | 3,146 | $587,421 | |
| HASI | HA Sustainable Infrastructure Capital, Inc. | −4,200 | 62,908 | $1,689,708 | |
| TRGP | Targa Resources Corp. | −2,937 | 2,616 | $455,393 | |
| CLH | Clean Harbors Inc | −2,887 | 1,113 | $257,303 | |
| LNG | Cheniere Energy, Inc. | −2,882 | 2,392 | $582,499 | |
| TSM | Taiwan Semiconductor Manufacturing Co Ltd | −1,960 | 14,876 | $3,369,265 | |
| ETN | Eaton Corp plc | −1,205 | 7,394 | $2,639,584 | |
| HUBB | Hubbell Inc | −850 | 3,335 | $1,362,047 | |
| PWR | Quanta Services, Inc. | −620 | 1,478 | $558,802 | |
| VST | Vistra Corp. | −314 | 2,186 | $423,668 | |
| No positions match the current search. | |||||
New Positions
Positions the filer opened this quarter
11 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| CMS | Cms Energy Corp | 7,161 | $496,114 | |
| PEG | Public Service Enterprise Group Inc | 5,475 | $460,885 | |
| XEL | Xcel Energy Inc | 5,876 | $400,155 | |
| DTE | Dte Energy Co | 2,960 | $392,081 | |
| ASR | Southeast Airport Group | 1,040 | $331,624 | |
| OMAB | Central North Airport Group | 3,123 | $329,476 | |
| NI | Nisource Inc. | 7,267 | $293,150 | |
| SBAC | Sba Communications Corp | 980 | $230,143 | |
| AMT | American Tower Corp /Ma/ | 1,034 | $228,534 | |
| NSC | Norfolk Southern Corp | 888 | $227,301 | |
| CP | Canadian Pacific Kansas City Ltd/Cn | 2,801 | $222,035 | |
| No positions match the current search. | ||||
Sold Out
Positions the filer fully exited
6 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| KNTK | Kinetik Holdings Inc. | 23,835 | $1,237,989 | |
| EQIX | Equinix Inc | 1,430 | $1,165,950 | |
| GFL | GFL Environmental Inc. | 20,000 | $966,200 | |
| RSG | Republic Services, Inc. | 3,302 | $799,612 | |
| AYI | Acuity Inc. (De) | 1,889 | $497,468 | |
| WPM | Wheaton Precious Metals Corp. | 2,830 | $219,692 | |
| No positions match the current search. | ||||
3 positions ·
$5,087,157 total
· Technology only
· as of Jun 30, 2025
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| TSM |
Taiwan Semiconductor Manufacturing Co Ltd
Technology
|
Reduced | 14,876 | $3,369,265 | 66.23% | |
| NXT |
Nextpower Inc.
Technology
|
Reduced | 22,566 | $1,226,913 | 24.12% | |
| ITRI |
Itron, Inc.
Technology
|
Added | 3,730 | $490,979 | 9.65% |