Thematics Asset Management
Regulatory profile
From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.
Portfolio style
Measured from the filed 13F common-share book for Sep 30, 2025, never from the firm's own description.
Closest benchmark: the Russell 1000 as of 2025-09-30, active share 80.9%; sector active share 41.4% against the combined 13F book's sector weights.
Over time 12 measured quarters
How the bands are measured
Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.
Clone Performance
Build a hypothetical price-return history from this filer's public 13F holdings.
View clone backtestPortfolio Concentration
125 tracked positions · as of Sep 30, 2025 · Δ vs Jun 30, 2025Portfolio Trend
Sector Breakdown
As of Sep 30, 2025| Sector | % Portfolio | Value |
|---|---|---|
| Technology | 46.7% | $1,028,364,321 |
| Industrials | 24.1% | $530,092,333 |
| Healthcare | 13.8% | $303,423,309 |
| Communication Services | 3.1% | $67,463,790 |
| Real Estate | 2.9% | $63,903,946 |
| Consumer Cyclical | 2.6% | $58,199,097 |
| Utilities | 2.2% | $48,707,663 |
| Basic Materials | 1.7% | $36,936,319 |
| Financial Services | 1.6% | $35,345,812 |
| Unclassified | 0.7% | $16,292,937 |
| Consumer Defensive | 0.7% | $14,785,037 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increased| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| PRCT | PROCEPT BioRobotics Corp | +235,344 | 630,053 | $22,486,591 | |
| APG | APi Group Corp | +204,027 | 744,569 | $25,590,836 | |
| CLBT | Cellebrite DI Ltd. | +196,924 | 1,066,850 | $19,768,730 | |
| S | SentinelOne, Inc. | +129,188 | 1,158,750 | $20,405,587 | |
| APTV | Aptiv PLC | +94,782 | 261,454 | $22,542,563 | |
| CNM | Core & Main, Inc. | +54,000 | 418,000 | $22,500,940 | |
| ESTC | Elastic N.V. | +48,346 | 523,283 | $44,212,180 | |
| TTEK | Tetra Tech Inc | +30,000 | 345,750 | $11,541,135 | |
| HTO | H2o America | +26,000 | 132,246 | $6,440,380 | |
| DXCM | Dexcom Inc | +24,608 | 362,294 | $24,378,763 | |
| SPSC | Sps Commerce Inc | +21,724 | 196,914 | $20,506,623 | |
| PTC | Ptc Inc. | +19,065 | 211,207 | $42,879,245 | |
| CRWD | CrowdStrike Holdings, Inc. | +14,592 | 66,702 | $32,709,326 | |
| MSFT | Microsoft Corp | +13,616 | 66,712 | $34,553,480 | |
| AVGO | Broadcom Inc. | +11,989 | 85,831 | $28,316,505 | |
| GNRC | Generac Holdings Inc. | +11,210 | 77,742 | $13,014,010 | |
| TOST | Toast, Inc. | +11,059 | 95,612 | $3,490,794 | |
| IEX | Idex Corp | +11,000 | 108,154 | $17,603,145 | |
| PANW | Palo Alto Networks Inc | +10,254 | 112,364 | $22,879,557 | |
| BJ | BJ's Wholesale Club Holdings, Inc. | +9,261 | 57,453 | $5,357,492 | |
| TMO | Thermo Fisher Scientific Inc. | +8,647 | 60,484 | $29,335,949 | |
| TRU | TransUnion | +8,603 | 144,722 | $12,124,809 | |
| WCN | Waste Connections, Inc. | +8,000 | 118,469 | $20,826,850 | |
| BSX | Boston Scientific Corp | +7,268 | 83,346 | $8,137,069 | |
| DHR | Danaher Corp | +7,000 | 91,702 | $18,180,838 | |
| No positions match the current search. | |||||
Trimmed
Positions the filer reduced| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| SYM | Symbotic Inc. | −356,029 | 255,465 | $13,769,563 | |
| CYRX | Cryoport, Inc. | −276,262 | 1,638,623 | $15,534,146 | |
| NVT | nVent Electric plc | −172,543 | 424,873 | $41,909,472 | |
| NVDA | Nvidia Corp | −136,142 | 581,083 | $108,418,466 | |
| AMD | Advanced Micro Devices Inc | −123,756 | 155,867 | $25,217,721 | |
| CWT | California Water Service Group | −54,000 | 100,470 | $4,610,568 | |
| TTC | Toro Co | −45,000 | 60,473 | $4,608,042 | |
| VRNS | Varonis Systems Inc | −38,151 | 434,697 | $24,982,036 | |
| GRMN | Garmin Ltd | −35,069 | 14,528 | $3,577,084 | |
| GOOGL | Alphabet Inc. | −34,788 | 180,819 | $43,957,098 | |
| MAS | Masco Corp | −29,000 | 83,517 | $5,878,761 | |
| FISV | Fiserv Inc | −27,710 | 96,135 | $12,394,685 | |
| VRT | Vertiv Holdings Co | −27,625 | 265,879 | $40,110,505 | |
| WAB | Westinghouse Air Brake Technologies Corp | −27,187 | 94,141 | $18,872,446 | |
| XYL | Xylem Inc. | −19,296 | 109,373 | $16,132,517 | |
| CTAS | Cintas Corp | −18,461 | 44,997 | $9,236,084 | |
| ECL | Ecolab Inc. | −17,909 | 134,873 | $36,936,319 | |
| CDNS | Cadence Design Systems Inc | −17,491 | 146,965 | $51,622,925 | |
| NYT | New York Times Co | −16,328 | 71,462 | $4,101,918 | |
| RPD | Rapid7, Inc. | −14,240 | 376,738 | $7,063,837 | |
| MSA | MSA Safety Inc | −13,365 | 86,935 | $14,958,905 | |
| SNPS | Synopsys Inc | −11,785 | 142,535 | $70,325,343 | |
| CSGP | Costar Group, Inc. | −10,909 | 79,915 | $6,742,428 | |
| KLAC | Kla Corp | −9,026 | 21,938 | $23,662,326 | |
| MDB | MongoDB, Inc. | −8,212 | 104,601 | $32,466,058 | |
| No positions match the current search. | |||||
New Positions
Positions the filer opened this quarter| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| NVDA |
Nvidia Corp
Technology
|
Reduced | 581,083 | $108,418,466 | 4.92% | |
| NOW |
ServiceNow, Inc.
Technology
|
Added | 79,558 | $73,215,636 | 3.32% | |
| SNPS |
Synopsys Inc
Technology
|
Reduced | 142,535 | $70,325,343 | 3.19% | |
| CDNS |
Cadence Design Systems Inc
Technology
|
Reduced | 146,965 | $51,622,925 | 2.34% | |
| SNOW |
Snowflake Inc.
Technology
|
Held | 199,260 | $44,943,093 | 2.04% | |
| CLH |
Clean Harbors Inc
Industrials
|
Added | 192,300 | $44,655,906 | 2.03% | |
| ESTC |
Elastic N.V.
Technology
|
Added | 523,283 | $44,212,180 | 2.01% | |
| GOOGL |
Alphabet Inc.
Communication Services
|
Reduced | 180,819 | $43,957,098 | 1.99% | |
| PTC |
Ptc Inc.
Technology
|
Added | 211,207 | $42,879,245 | 1.95% | |
| NVT |
nVent Electric plc
Industrials
|
Reduced | 424,873 | $41,909,472 | 1.90% | |
| VRT |
Vertiv Holdings Co
Industrials
|
Reduced | 265,879 | $40,110,505 | 1.82% | |
| ECL |
Ecolab Inc.
Basic Materials
|
Reduced | 134,873 | $36,936,319 | 1.68% | |
| ISRG |
Intuitive Surgical Inc
Healthcare
|
Added | 77,935 | $34,854,870 | 1.58% | |
| MSFT |
Microsoft Corp
Technology
|
Added | 66,712 | $34,553,480 | 1.57% | |
| CRWD |
CrowdStrike Holdings, Inc.
Technology
|
Added | 66,702 | $32,709,326 | 1.48% | |
| MDB |
MongoDB, Inc.
Technology
|
Reduced | 104,601 | $32,466,058 | 1.47% | |
|
|
Added | 466,255 | $31,467,550 | 1.43% | ||
| TMO |
Thermo Fisher Scientific Inc.
Healthcare
|
Added | 60,484 | $29,335,949 | 1.33% | |
| JBTM |
JBT MAREL Corp
Industrials
|
Held | 208,552 | $29,291,128 | 1.33% | |
| MSI |
Motorola Solutions, Inc.
Technology
|
Reduced | 63,926 | $29,232,720 | 1.33% | |
| STE |
STERIS plc
Healthcare
|
Added | 114,736 | $28,390,275 | 1.29% | |
| AVGO |
Broadcom Inc.
Technology
|
Added | 85,831 | $28,316,505 | 1.29% | |
| ZS |
Zscaler, Inc.
Technology
|
Reduced | 94,104 | $28,199,204 | 1.28% | |
| BSY |
Bentley Systems Inc
Technology
|
Held | 531,483 | $27,360,744 | 1.24% | |
| EQIX |
Equinix Inc
Real Estate
|
Reduced | 34,582 | $27,086,005 | 1.23% | |
| OSIS |
Osi Systems Inc
Technology
|
Reduced | 106,411 | $26,521,877 | 1.20% | |
| ROL |
Rollins Inc
Consumer Cyclical
|
Added | 450,005 | $26,433,293 | 1.20% | |
| DLR |
Digital Realty Trust, Inc.
Real Estate
|
Added | 151,408 | $26,175,415 | 1.19% | |
| APG |
APi Group Corp
Industrials
|
Added | 744,569 | $25,590,836 | 1.16% | |
| AMD |
Advanced Micro Devices Inc
Technology
|
Reduced | 155,867 | $25,217,721 | 1.14% | |
| VRNS |
Varonis Systems Inc
Technology
|
Reduced | 434,697 | $24,982,036 | 1.13% | |
| DXCM |
Dexcom Inc
Healthcare
|
Added | 362,294 | $24,378,763 | 1.11% | |
| KLAC |
Kla Corp
Technology
|
Reduced | 21,938 | $23,662,326 | 1.07% | |
| PANW |
Palo Alto Networks Inc
Technology
|
Added | 112,364 | $22,879,557 | 1.04% | |
| APTV |
Aptiv PLC
Consumer Cyclical
|
Added | 261,454 | $22,542,563 | 1.02% | |
| CNM |
Core & Main, Inc.
Industrials
|
Added | 418,000 | $22,500,940 | 1.02% | |
| PRCT |
PROCEPT BioRobotics Corp
Healthcare
|
Added | 630,053 | $22,486,591 | 1.02% | |
| MANH |
Manhattan Associates Inc
Technology
|
Held | 109,238 | $22,391,605 | 1.02% | |
| WCN |
Waste Connections, Inc.
Industrials
|
Added | 118,469 | $20,826,850 | 0.95% | |
| SPSC |
Sps Commerce Inc
Technology
|
Added | 196,914 | $20,506,623 | 0.93% | |
| S |
SentinelOne, Inc.
Technology
|
Added | 1,158,750 | $20,405,587 | 0.93% | |
| WMS |
Advanced Drainage Systems, Inc.
Industrials
|
Reduced | 145,500 | $20,180,850 | 0.92% | |
| CLBT |
Cellebrite DI Ltd.
Technology
|
Added | 1,066,850 | $19,768,730 | 0.90% | |
| WAB |
Westinghouse Air Brake Technologies Corp
Industrials
|
Reduced | 94,141 | $18,872,446 | 0.86% | |
| TYL |
Tyler Technologies Inc
Technology
|
Reduced | 35,170 | $18,399,537 | 0.84% | |
| ROP |
Roper Technologies Inc
Technology
|
Held | 36,820 | $18,361,765 | 0.83% | |
| AXON |
Axon Enterprise, Inc.
Industrials
|
Reduced | 25,568 | $18,348,619 | 0.83% | |
| ADSK |
Autodesk, Inc.
Technology
|
Reduced | 57,386 | $18,229,810 | 0.83% | |
| DHR |
Danaher Corp
Healthcare
|
Added | 91,702 | $18,180,838 | 0.83% | |
| MDT |
Medtronic plc
Healthcare
|
Held | 184,899 | $17,609,780 | 0.80% |
Showing the top 50 of 125 positions. Create a free account to see every position, past quarters, search, filters and CSV export.
Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.