Eschler Asset Management LLP

CIK

1910874

Location

London, X0

Portfolio Value

Micro $56,916,990

Diversification

Diversified

Filing Date

Global Rank

#6,656 / 8,603 ▼ 837 · as of Mar 2026

Top Industry

Gold 43.1%

3Y Alpha vs SPY

+9.9%

Period ended 3 months ago

Filed May 15, 2026 · 55d

18 quarters · since Dec 2021

Clone Performance

Jul 2023–Jul 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+119.2%

SPY

+76.0%

Annualised alpha

+9.2%

Max drawdown

−24.5%

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

28 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

24.0%

+4.3 pts

Top 5

62.6%

+6.8 pts

Top 10

78.4%

+8.0 pts

HHI

1,156

Diversified+245

Portfolio Trend

18 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Basic Materials	44.4%	$25,294,619	3
Communication Services	11.9%	$6,798,692	3
Industrials	9.7%	$5,537,457	2
Technology	7.7%	$4,398,930	4
Energy	6.9%	$3,935,954	4
Healthcare	6.5%	$3,710,082	3
Financial Services	6.1%	$3,461,618	4
Consumer Cyclical	4.8%	$2,719,798	4
Consumer Defensive	1.9%	$1,059,840	1

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

6 positions

Ticker	Company	Δ Shares	Shares	Value
IAUX	i-80 Gold Corp.	+1,500,000	9,000,000	$13,680,000
BZ	Kanzhun Ltd	+100,000	250,000	$3,347,500
RERE	ATRenew Inc.	+80,000	142,300	$667,387
KSPI	Joint Stock Co Kaspi.kz	+17,498	31,473	$2,331,205
HCA	HCA Healthcare, Inc.	+405	2,315	$1,095,550
MELI	Mercadolibre Inc	+386	750	$1,296,765
No positions match the current search.

Trimmed

Positions the filer reduced

7 positions

Ticker	Company	Δ Shares	Shares	Value
NEM	NEWMONT Corp /DE/	−75,000	100,000	$10,825,000
RIG	Transocean Ltd.	−50,000	94,000	$623,220
HSAI	Hesai Group	−15,700	17,300	$330,776
NVDA	Nvidia Corp	−12,148	5,782	$1,008,380
AMZN	Amazon Com Inc	−133	2,040	$424,870
META	Meta Platforms, Inc.	−41	5,355	$3,063,756
BLK	BlackRock, Inc.	−26	736	$707,818
No positions match the current search.

New Positions

Positions the filer opened this quarter

6 positions

Ticker	Company	Shares	Value
BE	Bloom Energy Corp	35,000	$4,742,150
EQT	EQT Corp	14,814	$942,762
IPI	Intrepid Potash, Inc.	18,462	$789,619
NOW	ServiceNow, Inc.	6,900	$721,395
TSM	Taiwan Semiconductor Manufacturing Co Ltd	1,000	$337,950
BHC	Bausch Health Companies Inc.	37,506	$202,532
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
AGI	Alamos Gold Inc	521,620	$20,124,099
HL	Hecla Mining Co/De/	250,000	$4,797,500
SBSW	Sibanye Stillwater Ltd	235,475	$3,355,518
CDE	Coeur Mining, Inc.	128,690	$2,294,542
AVGO	Broadcom Inc.	6,449	$2,231,998
SSRM	Ssr Mining Inc.	98,930	$2,168,545
BTG	B2gold Corp	469,257	$2,116,349
HMY	Harmony Gold Mining Co Ltd	70,596	$1,404,860
IAG	Iamgold Corp	84,717	$1,396,983
ENVA	Enova International, Inc.	8,812	$1,385,246
GDS	GDS Holdings Ltd	16,300	$568,870
SA	Seabridge Gold Inc	18,000	$532,620
RGLD	Royal Gold Inc	2,325	$516,824
FLUT	Flutter Entertainment plc	2,363	$508,139
PONY	Pony AI Inc.	34,700	$503,150
VALE	Vale S.A.	35,000	$456,050
WWD	Woodward, Inc.	1,460	$441,387
SE	Sea Ltd	3,400	$433,738
KTOS	Kratos Defense & Security Solutions, Inc.	5,679	$431,092
FSLR	First Solar, Inc.	1,604	$419,012
HUT	Hut 8 Corp.	8,990	$413,000
CRON	Cronos Group Inc.	143,998	$378,714
PPTA	Perpetua Resources Corp.	15,000	$363,150
VOXR	Vox Royalty Corp.	64,200	$304,308
MU	Micron Technology Inc	1,000	$285,410
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

28 positions · $56,916,990 total · as of Mar 31, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Technology

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
IAUX	i-80 Gold Corp. Basic Materials	Added	9,000,000	+1,500,000	$13,680,000	+24.9%	24.04%
NEM	NEWMONT Corp /DE/ Basic Materials	Reduced	100,000	-75,000	$10,825,000	−38.0%	19.02%
BE	Bloom Energy Corp Industrials	NEW	35,000	NEW	$4,742,150	NEW	8.33%
BZ	Kanzhun Ltd Communication Services	Added	250,000	+100,000	$3,347,500	+9.5%	5.88%
META	Meta Platforms, Inc. Communication Services	Reduced	5,355	-41	$3,063,756	−14.0%	5.38%
IMCR	Immunocore Holdings plc Healthcare	Held	80,000	0	$2,412,000	−13.1%	4.24%
KSPI	Joint Stock Co Kaspi.kz Technology	Added	31,473	+17,498	$2,331,205	+113.5%	4.10%
FUTU	Futu Holdings Ltd Financial Services	Held	11,000	0	$1,504,360	−16.7%	2.64%
VAL	Valaris Ltd Energy	Held	14,300	0	$1,401,972	+94.5%	2.46%
MELI	Mercadolibre Inc Consumer Cyclical	Added	750	+386	$1,296,765	+76.9%	2.28%
HCA	HCA Healthcare, Inc. Healthcare	Added	2,315	+405	$1,095,550	+22.9%	1.92%
SAM	Boston Beer Co Inc Consumer Defensive	Held	4,600	0	$1,059,840	+18.1%	1.86%
NVDA	Nvidia Corp Technology	Reduced	5,782	-12,148	$1,008,380	−69.8%	1.77%
NU	Nu Holdings Ltd. Financial Services	Held	70,000	0	$1,005,900	−14.2%	1.77%
NRP	Natural Resource Partners LP Energy	Held	8,000	0	$968,000	+15.9%	1.70%
EQT	EQT Corp Energy	NEW	14,814	NEW	$942,762	NEW	1.66%
BLDR	Builders FirstSource, Inc. Industrials	Held	9,660	0	$795,307	−20.0%	1.40%
IPI	Intrepid Potash, Inc. Basic Materials	NEW	18,462	NEW	$789,619	NEW	1.39%
NOW	ServiceNow, Inc. Technology	NEW	6,900	NEW	$721,395	NEW	1.27%
BLK	BlackRock, Inc. Financial Services	Reduced	736	-26	$707,818	−13.2%	1.24%
RERE	ATRenew Inc. Consumer Cyclical	Added	142,300	+80,000	$667,387	+102.1%	1.17%
RIG	Transocean Ltd. Energy	Reduced	94,000	-50,000	$623,220	+4.8%	1.09%
AMZN	Amazon Com Inc Consumer Cyclical	Reduced	2,040	-133	$424,870	−15.3%	0.75%
RBLX	Roblox Corp Communication Services	Held	6,850	0	$387,436	−30.2%	0.68%
TSM	Taiwan Semiconductor Manufacturing Co Ltd Technology	NEW	1,000	NEW	$337,950	NEW	0.59%
HSAI	Hesai Group Consumer Cyclical	Reduced	17,300	-15,700	$330,776	−55.3%	0.58%
NOAH	Noah Holdings Ltd Financial Services	Held	24,600	0	$243,540	−1.4%	0.43%
BHC	Bausch Health Companies Inc. Healthcare	NEW	37,506	NEW	$202,532	NEW	0.36%