Spinecap SAS reported 16 positions worth $334.73M for the quarter ended Jun 30, 2026, up 22.8% on the prior quarter. It opened 1 new position, added to 8, trimmed 7 and exited 0. Its largest holding is Mastercard Inc at 12.1% of the portfolio.
Reported 13F market value at each quarter end. A change mixes trading with price moves in the positions held.
Dollar value of shares bought and sold each quarter, at that quarter’s price. It counts trading only, not price changes.
How many positions were opened, added to, trimmed or closed each quarter.
Share of reported value in each sector at every quarter end.
| Holding | Change | Change % | Trade Value | Weight |
|---|---|---|---|---|
| SUNB Sunbelt Rentals Holdings, Inc. | +476.3K | – | $35.63M | 10.64% |
| KKR KKR & Co. Inc. | +46.9K | +29.2% | $4.30M | 5.68% |
| MA Mastercard Inc | +6,865 | +9.5% | $3.53M | 12.14% |
| DHR Danaher Corp | +13.4K | +27.2% | $2.56M | 3.58% |
| ICE Intercontinental Exchange, Inc. | +17.0K | +28.0% | $2.10M | 2.87% |
| TMO Thermo Fisher Scientific Inc. | +2,973 | +4.3% | $1.49M | 10.86% |
| MSFT Microsoft Corp | +2,231 | +2.6% | $832.21K | 9.68% |
| SNPS Synopsys Inc | +1,350 | +5.7% | $602.19K | 3.33% |
| V Visa Inc. | +1,557 | +5.0% | $534.19K | 3.37% |
| Holding | Change | Change % | Trade Value | Weight |
|---|---|---|---|---|
| GOOGL Alphabet Inc. | -9,075 | -8.2% | $3.24M | 10.91% |
| AVGO Broadcom Inc. | -3,456 | -10.8% | $1.31M | 3.22% |
| AMZN Amazon Com Inc | -4,757 | -9.9% | $1.13M | 3.09% |
| TDG TransDigm Group INC | -277 | -3.3% | $368.98K | 3.26% |
| APO Apollo Global Management, Inc. | -3,067 | -0.9% | $362.86K | 11.36% |
| BLK BlackRock, Inc. | -289 | -2.8% | $277.89K | 2.89% |
| BX Blackstone Inc. | -1,794 | -2.0% | $211.10K | 3.12% |
| Holding | Shares | Trade Value | Weight |
|---|---|---|---|
| SUNB Sunbelt Rentals Holdings, Inc. | +476.3K | $35.63M | 10.64% |
No positions were closed this quarter.
| # | Activity | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| 1 | MA Mastercard Inc | Financial Services | 79.1K | $40.64M | 12.14% | +6,865 | +9.5% | Added | 0.01% |
| 2 | APO Apollo Global Management, Inc. | Financial Services | 321.5K | $38.04M | 11.36% | -3,067 | -0.9% | Reduced | 0.05% |
| 3 | GOOGL Alphabet Inc. | Technology | 102.2K | $36.52M | 10.91% | -9,075 | -8.2% | Reduced | 0% |
| 4 | TMO Thermo Fisher Scientific Inc. | Healthcare | 72.5K | $36.34M | 10.86% | +2,973 | +4.3% | Added | 0.02% |
| 5 | SUNB Sunbelt Rentals Holdings, Inc. | Industrials | 476.3K | $35.63M | 10.64% | +476.3K | – | New | 0.11% |
| 6 | MSFT Microsoft Corp | Technology | 86.9K | $32.41M | 9.68% | +2,231 | +2.6% | Added | 0% |
| 7 | KKR KKR & Co. Inc. | Financial Services | 207.3K | $19.02M | 5.68% | +46.9K | +29.2% | Added | 0.02% |
| 8 | DHR Danaher Corp | Healthcare | 62.8K | $11.97M | 3.58% | +13.4K | +27.2% | Added | 0.01% |
| 9 | V Visa Inc. | Financial Services | 32.9K | $11.27M | 3.37% | +1,557 | +5.0% | Added | 0% |
| 10 | SNPS Synopsys Inc | Technology | 25.0K | $11.16M | 3.33% | +1,350 | +5.7% | Added | 0.01% |
| 11 | TDG TransDigm Group INC | Industrials | 8,189 | $10.91M | 3.26% | -277 | -3.3% | Reduced | 0.01% |
| 12 | AVGO Broadcom Inc. | Technology | 28.5K | $10.78M | 3.22% | -3,456 | -10.8% | Reduced | 0% |
| 13 | BX Blackstone Inc. | Financial Services | 88.7K | $10.44M | 3.12% | -1,794 | -2.0% | Reduced | 0.01% |
| 14 | AMZN Amazon Com Inc | Consumer Discretionary | 43.4K | $10.33M | 3.09% | -4,757 | -9.9% | Reduced | 0% |
| 15 | BLK BlackRock, Inc. | Financial Services | 10.0K | $9.66M | 2.89% | -289 | -2.8% | Reduced | 0.01% |
Tip. Select a row to see that position’s full history at Spinecap SAS.
As of its Q2 2026 13F filing, Spinecap SAS’s five largest positions were Mastercard Inc (MA) at 12.1%, Apollo Global Management, Inc. (APO) at 11.4%, Alphabet Inc. (GOOGL) at 10.9%, Thermo Fisher Scientific Inc. (TMO) at 10.9%, Sunbelt Rentals Holdings, Inc. (SUNB) at 10.6% of the reported portfolio.
Spinecap SAS reported a 13F portfolio worth $334.73M across 16 positions for Q2 2026. That is up 22.8% from the previous quarter.
Its largest purchases by value were Sunbelt Rentals Holdings, Inc. ($35.63M), KKR & Co. Inc. ($4.30M), Mastercard Inc ($3.53M). It opened 1 new positions.
Its largest sales by value were Alphabet Inc. ($3.24M), Broadcom Inc. ($1.31M), Amazon Com Inc ($1.13M). It exited 0 positions entirely.
From the Form 13F-HR reports Spinecap SAS files with the SEC each quarter, within 45 days of quarter end. A 13F lists long positions in US-listed equities and options; it excludes short positions, cash, bonds and most non-US holdings.
13F data reflects long positions in US-listed equities and options as reported to the SEC up to 45 days after quarter end. It excludes short positions, cash, bonds and most non-US securities, so it is not a complete picture of a manager’s assets.