Varenne Capital Partners

CIK: 0001902567SEC EDGAR →

Portfolio Value

$520.0M

Holdings

26

As of

Q4 2025

New Positions

11

Closed Positions

9

Top 10 Holdings

RankStockSharesValue% of Portfolio
1

TE CONNECTIVITY PLC

284,802$64.0M
12.31%
2

ARISTA NETWORKS INC

442,083$57.0M
10.96%
3

WABTEC

263,672$56.0M
10.77%
4

TAIWAN SEMICONDUCTOR MFG LTD

182,745$55.0M
10.58%
5
ONONCall

ON HLDG AG

35,700$29.0M
5.58%
6

XYLEM INC

199,927$27.0M
5.19%
7

ELI LILLY & CO

25,716$27.0M
5.19%
8

MICROSOFT CORP

51,246$24.0M
4.62%
9

AMPHENOL CORP NEW

183,750$24.0M
4.62%
10

UBER TECHNOLOGIES INC

272,382$22.0M
4.23%

Quarterly Changes

Top Buys

TSMNEW
$55.0M
ONONNEW
$29.0M
XYLNEW
$27.0M
LLYNEW
$27.0M
MSFTNEW
$24.0M

Top Sells

APH↓ Decreased
$50.5M
UHS↓ Decreased
$30.7M
DISCLOSED
$29.2M
META PLATFORMS INCCLOSED
$27.2M
ADBECLOSED
$16.6M

New Positions (11)

$55.0M · 183K shares
$29.0M · 36K shares
$27.0M · 200K shares
$27.0M · 26K shares
$24.0M · 51K shares
$20.0M · 75K shares
$2.0M · 46K shares
$2.0M · 12K shares
$2.0M · 29K shares
$1.0M · 21K shares
$0 · 3K shares

Closed Positions (9)

$29.2M · 255K shares
META PLATFORMS INC
$27.2M · 3K shares
$16.6M · 47K shares
$9.9M · 132K shares
$6.0M · 19K shares
$3.7M · 53K shares
$3.6M · 47K shares
$2.3M · 229K shares
$1.6M · 19K shares

Sector Breakdown

Sector# HoldingsValue%
Technology12$315.0M62.1%
Industrials4$87.0M17.2%
Consumer Cyclical3$40.0M7.9%
Healthcare4$37.0M7.3%
Communication Services1$22.0M4.3%
Utilities1$5.0M1.0%
Financial Services1$1.0M0.2%