CIBC Capital Markets (Europe) S.A.
CIK
2045104
Location
LUXEMBOURG, N4
Portfolio Value
Small
$482,828,672
Diversification
Moderately concentrated
Filing Date
Global Rank
#2,645
/ 7,987
▲ 1198
· as of Sep 2025
Top Industry
Insurance - Diversified
27.3%
3Y Alpha vs SPY
+4.2%
Period ended 10 months ago
Filed Nov 6, 2025 · 8mo
4 quarters · since Dec 2024
Clone Performance
Feb 2025–Jul 2026 · vs SPYHypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.
Cloned portfolio
+31.6%
SPY
+25.6%
Annualised alpha
+3.9%
Max drawdown
−25.0%
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
10 positions · as of Sep 30, 2025 · Δ vs Jun 30, 2025Top Position
27.3%
+14.6 pts
Top 5
82.6%
+20.5 pts
Top 10
100.0%
0.0 pts
HHI
1,812
Moderately concentrated+646
Portfolio Trend
4 quarters · across all stocks
Sector Breakdown
As of Sep 30, 2025| Sector | % Portfolio | Value |
|---|---|---|
| Technology | 33.8% | $162,991,621 |
| Consumer Cyclical | 32.8% | $158,248,522 |
| Financial Services | 27.3% | $132,035,611 |
| Healthcare | 4.5% | $21,579,741 |
| Communication Services | 1.7% | $7,973,177 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increased
4 positions
Trimmed
Positions the filer reducedNo qualifying positions this quarter.
New Positions
Positions the filer opened this quarterNo qualifying positions this quarter.
Sold Out
Positions the filer fully exitedNo qualifying positions this quarter.
10 positions ·
$482,828,672 total
· as of Sep 30, 2025
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| BRK-B |
Berkshire Hathaway Inc
Financial Services
|
Added | 262,632 | $132,035,611 | 27.35% | |
| AMZN |
Amazon Com Inc
Consumer Cyclical
|
Added | 555,094 | $121,881,989 | 25.24% | |
| AMD |
Advanced Micro Devices Inc
Technology
|
Added | 467,921 | $75,704,938 | 15.68% | |
| TSLA |
Tesla, Inc.
Consumer Cyclical
|
Held | 81,774 | $36,366,533 | 7.53% | |
| NVDA |
Nvidia Corp
Technology
|
Held | 176,229 | $32,880,806 | 6.81% | |
| UBER |
Uber Technologies, Inc
Technology
|
Held | 297,032 | $29,100,225 | 6.03% | |
| ISRG |
Intuitive Surgical Inc
Healthcare
|
Held | 48,252 | $21,579,741 | 4.47% | |
| ADBE |
Adobe Inc.
Technology
|
Held | 58,434 | $20,612,593 | 4.27% | |
| NFLX |
Netflix Inc
Communication Services
|
Added | 66,503 | $7,973,177 | 1.65% | |
| NOW |
ServiceNow, Inc.
Technology
|
Held | 25,498 | $4,693,059 | 0.97% |