Data as of Q4 2025 (Dec 31, 2025)

Banque Transatlantique SA

CIK: 2056095Filing: Q4 2025

Banque Transatlantique SA, led by the seasoned investment team of Jean-François Cirelli, maintains a tech-heavy portfolio with significant positions in MSFT, NVDA, and AMZN, reflecting a focus on growth and innovation. Recently, the fund has adjusted its holdings by exiting DASH and KKR, cutting MIGA and OKLO drastically, and notably increasing stakes in AXP and TSM, signaling a strategic shift towards financials and semiconductors.

Total AUM
$4.1B
QoQ Performance
+0.7%
Positions
252
Top 10 Concentration
66.4%
Latest Filing
Q4 2025

Top Holdings Allocation

MSFT
NVDA
AMZN
AAPL
GOOG
MSFT12.6%
NVDA11.9%
AMZN9.0%
AAPL6.5%
GOOG6.3%
GOOGL4.8%
V4.5%
COST4.4%

📈 Biggest Buys

TSM
TAIWAN SEMICONDUCTOR MFG LTD
+293.5%
1.9% of portfolio
BKNG
BOOKING HOLDINGS INC
+44175.0%
0.9% of portfolio
MU
MICRON TECHNOLOGY INC
+19286.3%
0.7% of portfolio
AVGO
BROADCOM INC
+144.4%
1.1% of portfolio
ORLY
OREILLY AUTOMOTIVE INC
+54.5%
1.4% of portfolio

📉 Biggest Sells

LLY
ELI LILLY & CO
-48.6%
1.8% of portfolio
TMO
THERMO FISHER SCIENTIFIC INC
-50.3%
0.8% of portfolio
NVDA
NVIDIA CORPORATION
-5.9%
11.9% of portfolio
AMD
ADVANCED MICRO DEVICES INC
-44.3%
0.6% of portfolio
MSFT
MICROSOFT CORP
-3.3%
12.6% of portfolio

Sector Breakdown

Technology45.2%
Other22.2%
Consumer19.9%
Financial5.5%
Healthcare4.1%
Materials1.6%
Industrial1.0%
Energy0.3%

🚪 Exited Positionssold since Q3 2025

DASH
DOORDASH INC
SOLD
$3.7M
MIGA
STRATEGY INC
SOLD
$2.2M
KKR
KKR & CO INC
SOLD
$1.5M
RBLX
ROBLOX CORP
SOLD
$926.8K
CMG
CHIPOTLE MEXICAN GRILL INC
SOLD
$785.2K
+69 more exited positions

Changes from Q3 2025

NEW15 new positions
46 increased
88 decreased

Historical Filings

Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024